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Third Coast Bancshares
TCBX

72 hedge funds and large institutions have $86.3M invested in Third Coast Bancshares in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

11% more capital invested

Capital invested by funds: $77.5M → $86.3M (+$8.82M)

6% more funds holding

Funds holding: 68 → 72 (+4)

1.24% more ownership

Funds ownership: 35.93% → 37.18% (+1.2%)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

Holders
72
Holders Change
+4
Holders Change %
+5.88%
% of All Funds
1.14%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
22
Reduced
21
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
ACM
Ategra Capital Management
Virginia
+$2.4M
2
Morgan Stanley
Morgan Stanley
New York
+$1.16M
3
RHCA
Rosenthal Henry Capital Advisors
Indiana
+$953K
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$591K
5
KCM
Kennedy Capital Management
Missouri
+$497K

Top Sellers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
-$717K
2
BlackRock
BlackRock
New York
-$506K
3
MI
M3F Inc
Utah
-$486K
4
ClearBridge Investments
ClearBridge Investments
New York
-$316K
5
Marshall Wace
Marshall Wace
United Kingdom
-$246K
Name Holding Trade Value Shares
Change 		Change in
Stake
American Century Companies
26
American Century Companies
Missouri
$510K – – –
SO
27
STRS Ohio
Ohio
$497K -$39.2K -2,100 -7%
Truist Financial
28
Truist Financial
North Carolina
$457K – – –
SM
29
Salzhauer Michael
$375K +$84.1K +4,501 +26%
EF
30
Empowered Funds
Pennsylvania
$364K +$32.5K +1,738 +9%
PAM
31
Panagora Asset Management
Massachusetts
$357K +$390K +20,871 New
Two Sigma Advisers
32
Two Sigma Advisers
New York
$352K -$50.4K -2,700 -12%
Two Sigma Investments
33
Two Sigma Investments
New York
$331K -$105K -5,623 -23%
RhumbLine Advisers
34
RhumbLine Advisers
Massachusetts
$330K +$4.07K +218 +1%
EMFAT
35
Emerald Mutual Fund Advisers Trust
Pennsylvania
$327K – – –
N
36
Nuveen
North Carolina
$309K – – –
Invesco
37
Invesco
Georgia
$308K +$2.69K +144 +0.8%
Corient Private Wealth
38
Corient Private Wealth
Florida
$303K – – –
B
39
Bailard
California
$298K +$325K +17,400 New
BAM
40
Beaumont Asset Management
Texas
$291K -$9.34K -500 -3%
Jacobs Levy Equity Management
41
Jacobs Levy Equity Management
New Jersey
$287K -$1.59K -85 -0.5%
HIP
42
Harrell Investment Partners
Texas
$284K – – –
TI
43
Trexquant Investment
Connecticut
$282K -$152K -8,130 -33%
Marshall Wace
44
Marshall Wace
United Kingdom
$206K -$246K -13,167 -52%
CCA
45
Childress Capital Advisors
Texas
$171K – – –
Deutsche Bank
46
Deutsche Bank
Germany
$150K +$42.8K +2,289 +35%
JP Morgan Chase
47
JP Morgan Chase
New York
$150K -$66.6K -3,567 -29%
AW
48
Avion Wealth
Texas
$141K – – –
MIM
49
MetLife Investment Management
New Jersey
$127K – – –
UBS Group
50
UBS Group
Switzerland
$125K -$1.96K -105 -1%
1
2
3

TCBX Hedge Fund Activity: Q3 2023 in Review

72 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q3 2023, worth a combined $86.3M — up 11% from $77.5M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new TCBX positions and 3 closed out — a net gain of 5 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Ategra Capital Management, opening a new position worth an estimated $2.4M. The largest seller was Millennium Management, cutting an estimated $717K.

  • 72 institutional investors held Third Coast Bancshares (TCBX) as of Q3 2023, up from 68 in Q2 2023.
  • Funds reported $86.3M of Third Coast Bancshares stock for Q3 2023, up 11% quarter-over-quarter.
  • 8 funds opened new Third Coast Bancshares positions in Q3 2023 and 3 closed out, a net change of +5 holders.
  • The largest Third Coast Bancshares buyer in Q3 2023 was Ategra Capital Management, an estimated $2.4M added.
  • The largest Third Coast Bancshares seller in Q3 2023 was Millennium Management, an estimated $717K sold.

Based on aggregated 13F filings for Q3 2023.