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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
AIG
51
American International Group
New York
$98.4K +$543 +35 +0.6%
Royal Bank of Canada
52
Royal Bank of Canada
Ontario, Canada
$96K +$9.36K +603 +11%
Wells Fargo
53
Wells Fargo
California
$78.4K +$41.2K +2,658 +117%
California State Teachers Retirement System (CalSTRS)
54
California State Teachers Retirement System (CalSTRS)
California
$68K -$7.2K -464 -10%
Citigroup
55
Citigroup
New York
$60.9K +$59.5K +3,837 +383,700%
New York State Common Retirement Fund
56
New York State Common Retirement Fund
New York
$50.8K -$104K -6,707 -68%
Barclays
57
Barclays
United Kingdom
$49.1K -$52.5K -3,383 -52%
Nisa Investment Advisors
58
Nisa Investment Advisors
Missouri
$30.3K +$28.6K +1,842 +2,791%
Ohio Public Employees Retirement System (OPERS)
59
Ohio Public Employees Retirement System (OPERS)
Ohio
$29K – – –
Russell Investments Group
60
Russell Investments Group
United Kingdom
$24.2K +$12.8K +822 +116%
AB
61
Amalgamated Bank
New York
$22K +$62 +4 +0.3%
TRCT
62
Tower Research Capital (TRC)
New York
$20K +$8.5K +548 +77%
Legal & General Group
63
Legal & General Group
United Kingdom
$19.9K – – –
Fidelity Investments
64
Fidelity Investments
Massachusetts
$17K +$9.71K +626 +140%
AIP
65
Ameritas Investment Partners
Nebraska
$15.2K – – –
MLICM
66
Metropolitan Life Insurance Company (MetLife)
New York
$13.7K – – –
PNC Financial Services Group
67
PNC Financial Services Group
Pennsylvania
$7.93K – – –
C
68
Covestor
United Kingdom
$2K -$465 -30 -23%
CRC
69
Curi RMB Capital
Illinois
– -$3.4M -216,370 Closed
RHCA
70
Rosenthal Henry Capital Advisors
Indiana
– -$801K -51,000 Closed
Citadel Advisors
71
Citadel Advisors
Florida
– -$394K -25,104 Closed
SSA
72
Schonfeld Strategic Advisors
New York
– -$204K -13,000 Closed
KTA
73
Keeley-Teton Advisors
Illinois
– -$179K -11,400 Closed
EM
74
ELCO Management
New York
– -$177K -11,285 Closed
Acadian Asset Management
75
Acadian Asset Management
Massachusetts
– -$39K -2,506 Closed
1 2
3
4

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.