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Third Coast Bancshares

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: 6968 (-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
Name Holding Trade Value Shares
Change
Change in
Stake
PVH
76
Psagot Value Holdings
Israel
-$3K -194 Closed

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.