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Third Coast Bancshares
TCBX

68 hedge funds and large institutions have $77.5M invested in Third Coast Bancshares in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

47% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 19

0% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 8

4% less capital invested

Capital invested by funds: $80.5M → $77.5M (-$2.99M)

1% less funds holding

Funds holding: 69 → 68 (-1)

1.62% less ownership

Funds ownership: 37.55% → 35.93% (-1.6%)

Holders
68
Holders Change
-1
Holders Change %
-1.45%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
28
Reduced
19
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
KCM
Kennedy Capital Management
Missouri
+$2.96M
2
BCM
Bridgeway Capital Management
Texas
+$1.4M
3
BlackRock
BlackRock
New York
+$1.3M
4
WI
WJ Interests
Texas
+$646K
5
AllianceBernstein
AllianceBernstein
Tennessee
+$533K

Top Sellers

Rank Fund Capital Flow
1
MI
M3F Inc
Utah
-$4.46M
2
Adage Capital Partners
Adage Capital Partners
Massachusetts
-$3.56M
3
CRC
Curi RMB Capital
Illinois
-$3.4M
4
RHCA
Rosenthal Henry Capital Advisors
Indiana
-$801K
5
Citadel Advisors
Citadel Advisors
Florida
-$394K
Name Holding Trade Value Shares
Change 		Change in
Stake
Truist Financial
26
Truist Financial
North Carolina
$424K -$217 -14 -0.1%
Marshall Wace
27
Marshall Wace
United Kingdom
$400K +$21.6K +1,390 +6%
Two Sigma Investments
28
Two Sigma Investments
New York
$397K +$135K +8,678 +53%
TI
29
Trexquant Investment
Connecticut
$391K +$173K +11,143 +83%
Morgan Stanley
30
Morgan Stanley
New York
$376K -$278K -17,929 -43%
Two Sigma Advisers
31
Two Sigma Advisers
New York
$370K +$51.2K +3,300 +17%
EST
32
EA Series Trust
Pennsylvania
$310K +$303K +19,537 New
EF
33
Empowered Funds
Pennsylvania
$310K +$303K +19,537 New
EMFAT
34
Emerald Mutual Fund Advisers Trust
Pennsylvania
$303K +$296K +19,108 New
RhumbLine Advisers
35
RhumbLine Advisers
Massachusetts
$303K -$3.23K -208 -1%
N
36
Nuveen
North Carolina
$287K – – –
Invesco
37
Invesco
Georgia
$284K -$496 -32 -0.2%
Corient Private Wealth
38
Corient Private Wealth
Florida
$281K +$275K +17,719 New
BAM
39
Beaumont Asset Management
Texas
$278K -$60.1K -3,875 -18%
SM
40
Salzhauer Michael
$276K -$83.9K -5,408 -24%
HIP
41
Harrell Investment Partners
Texas
$273K – – –
Jacobs Levy Equity Management
42
Jacobs Levy Equity Management
New Jersey
$268K +$39.9K +2,570 +18%
IP
43
Interval Partners
New York
$230K -$233K -15,000 -51%
JP Morgan Chase
44
JP Morgan Chase
New York
$195K +$37.2K +2,396 +24%
Goldman Sachs
45
Goldman Sachs
New York
$178K +$174K +11,201 New
CCA
46
Childress Capital Advisors
Texas
$159K – – –
AW
47
Avion Wealth
Texas
$131K +$129K +8,300 New
MIM
48
MetLife Investment Management
New Jersey
$118K – – –
UBS Group
49
UBS Group
Switzerland
$118K +$50.8K +3,275 +79%
Deutsche Bank
50
Deutsche Bank
Germany
$103K -$18.9K -1,218 -16%
1
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TCBX Hedge Fund Activity: Q2 2023 in Review

68 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q2 2023, worth a combined $77.5M — down 3.7% from $80.5M a quarter earlier.

Fund positioning in TCBX was balanced in Q2 2023: 8 funds opened new positions, 8 closed out, 28 added to existing stakes and 19 trimmed.

The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $2.96M. The largest seller was M3F Inc, cutting an estimated $4.46M.

  • 68 institutional investors held Third Coast Bancshares (TCBX) as of Q2 2023, down from 69 in Q1 2023.
  • Funds reported $77.5M of Third Coast Bancshares stock for Q2 2023, down 3.7% quarter-over-quarter.
  • 8 funds opened new Third Coast Bancshares positions in Q2 2023 and 8 closed out, a net change of 0 holders.
  • The largest Third Coast Bancshares buyer in Q2 2023 was Kennedy Capital Management, an estimated $2.96M added.
  • The largest Third Coast Bancshares seller in Q2 2023 was M3F Inc, an estimated $4.46M sold.

Based on aggregated 13F filings for Q2 2023.