Third Coast Bancshares
TCBX
69 hedge funds and large institutions have $80.5M invested in Third Coast Bancshares in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
11% more funds holding
Funds holding: 62 → 69 (+7)
0.28% more ownership
Funds ownership: 37.28% → 37.55% (+0.28%)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
13% less capital invested
Capital invested by funds: $93M → $80.5M (-$12.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTI
Blue Trust Inc
Alpharetta,
Georgia
|
+$2.59M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$876K |
| 3 |
BCM
BHZ Capital Management
San Jose,
California
|
+$668K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$548K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$365K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$2.54M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$1.02M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$388K |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$344K |
| 5 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$318K |
TCBX Hedge Fund Activity: Q1 2023 in Review
69 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q1 2023, worth a combined $80.5M — down 13% from $93M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TCBX positions and 2 closed out — a net gain of 7 holders — while 23 added to existing stakes and 23 trimmed.
The largest buyer was Blue Trust Inc, opening a new position worth an estimated $2.59M. The largest seller was Curi RMB Capital, cutting an estimated $2.54M.
- 69 institutional investors held Third Coast Bancshares (TCBX) as of Q1 2023, up from 62 in Q4 2022.
- Funds reported $80.5M of Third Coast Bancshares stock for Q1 2023, down 13% quarter-over-quarter.
- 9 funds opened new Third Coast Bancshares positions in Q1 2023 and 2 closed out, a net change of +7 holders.
- The largest Third Coast Bancshares buyer in Q1 2023 was Blue Trust Inc, an estimated $2.59M added.
- The largest Third Coast Bancshares seller in Q1 2023 was Curi RMB Capital, an estimated $2.54M sold.
Based on aggregated 13F filings for Q1 2023.