Third Coast Bancshares
TCBX
64 hedge funds and large institutions have $110M invested in Third Coast Bancshares in 2022 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 29 increasing their positions, 11 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
164% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 11
14% more funds holding
Funds holding: 56 → 64 (+8)
13% more capital invested
Capital invested by funds: $97.1M → $110M (+$12.8M)
6.04% more ownership
Funds ownership: 31.27% → 37.31% (+6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$11.4M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$8.32M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.44M |
| 4 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$4.52M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
Forest Hill Capital
Little Rock,
Arkansas
|
-$3.12M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$1.86M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.77M |
| 4 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$1.3M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
-$1.27M |
TCBX Hedge Fund Activity: Q2 2022 in Review
64 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q2 2022, worth a combined $110M — up 13% from $97.1M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TCBX positions and 7 closed out — a net gain of 12 holders — while 29 added to existing stakes and 11 trimmed.
The largest buyer was BlackRock, adding an estimated $11.4M. The largest seller was Forest Hill Capital, exiting entirely with an estimated $3.12M sold.
- 64 institutional investors held Third Coast Bancshares (TCBX) as of Q2 2022, up from 56 in Q1 2022.
- Funds reported $110M of Third Coast Bancshares stock for Q2 2022, up 13% quarter-over-quarter.
- 19 funds opened new Third Coast Bancshares positions in Q2 2022 and 7 closed out, a net change of +12 holders.
- The largest Third Coast Bancshares buyer in Q2 2022 was BlackRock, an estimated $11.4M added.
- The largest Third Coast Bancshares seller in Q2 2022 was Forest Hill Capital, an estimated $3.12M sold.
Based on aggregated 13F filings for Q2 2022.