Third Coast Bancshares
TCBX
56 hedge funds and large institutions have $97.1M invested in Third Coast Bancshares in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 14 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
43% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 14
17% more funds holding
Funds holding: 48 → 56 (+8)
6% more capital invested
Capital invested by funds: $91.8M → $97.1M (+$5.33M)
2.52% more ownership
Funds ownership: 28.75% → 31.27% (+2.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
+$3.8M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.21M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$2.81M |
| 4 |
FC
Full18 Capital
Westport,
Connecticut
|
+$1.93M |
| 5 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$6.07M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
-$3.75M |
| 3 |
ACL
Azora Capital LP
Miami,
Florida
|
-$1.36M |
| 4 |
Millennium Management
New York
|
-$900K |
| 5 |
GC
Gillson Capital
Chicago,
Illinois
|
-$815K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AB
51
Amalgamated Bank
New York
| $10K | +$10.4K | +435 | New |
|
|
AF
52
Amalgamated Financial
New York
| $10K | +$10.4K | +435 | New |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6K | -$10.8K | -453 | -64% |
|
|
AIP
54
Ameritas Investment Partners
Lincoln,
Nebraska
| $6K | – | – | – |
|
55
Legal & General Group
London,
United Kingdom
| $6K | – | – | – |
|
56
Citigroup
New York
| $4K | -$25.4K | -1,064 | -86% |
|
|
57
VOYA Investment Management
Atlanta,
Georgia
| – | -$3.75M | -144,521 | Closed |
|
|
ACL
58
Azora Capital LP
Miami,
Florida
| – | -$1.36M | -52,475 | Closed |
|
|
59
Millennium Management
New York
| – | -$900K | -34,626 | Closed |
|
|
GC
60
Gillson Capital
Chicago,
Illinois
| – | -$815K | -31,362 | Closed |
|
61
Two Sigma Investments
New York
| – | -$261K | -10,053 | Closed |
|
|
HA
62
Harbor Advisors
West Palm Beach,
Florida
| – | -$236K | -9,082 | Closed |
|
TCBX Hedge Fund Activity: Q1 2022 in Review
56 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q1 2022, worth a combined $97.1M — up 5.8% from $91.8M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TCBX positions and 6 closed out — a net gain of 8 holders — while 20 added to existing stakes and 14 trimmed.
The largest buyer was Philadelphia Financial Management of San Francisco, adding an estimated $3.8M. The largest seller was Wellington Management Group, cutting an estimated $6.07M.
- 56 institutional investors held Third Coast Bancshares (TCBX) as of Q1 2022, up from 48 in Q4 2021.
- Funds reported $97.1M of Third Coast Bancshares stock for Q1 2022, up 5.8% quarter-over-quarter.
- 14 funds opened new Third Coast Bancshares positions in Q1 2022 and 6 closed out, a net change of +8 holders.
- The largest Third Coast Bancshares buyer in Q1 2022 was Philadelphia Financial Management of San Francisco, an estimated $3.8M added.
- The largest Third Coast Bancshares seller in Q1 2022 was Wellington Management Group, an estimated $6.07M sold.
Based on aggregated 13F filings for Q1 2022.