Third Coast Bancshares
TCBX
69 hedge funds and large institutions have $105M invested in Third Coast Bancshares in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 9 closing their positions.
21% more capital invested
Capital invested by funds: $86.3M → $105M (+$18.3M)
1.69% more ownership
Funds ownership: 37.18% → 38.86% (+1.7%)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
4% less funds holding
Funds holding: 72 → 69 (-3)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
+$1.81M |
| 2 |
BlackRock
New York
|
+$1.32M |
| 3 |
SPIA
Steward Partners Investment Advisory
New York
|
+$529K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$498K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$492K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WJ Interests
Sugar Land,
Texas
|
-$713K |
| 2 |
Millennium Management
New York
|
-$613K |
| 3 |
B
Bailard
Foster City,
California
|
-$298K |
| 4 |
HIP
Harrell Investment Partners
Austin,
Texas
|
-$284K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
76
Hillsdale Investment Management
Toronto,
Ontario, Canada
| – | -$4.79K | -280 | Closed |
|
77
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$2.43K | -142 | Closed |
|
78
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$1.04K | -61 | Closed |
|
TCBX Hedge Fund Activity: Q4 2023 in Review
69 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q4 2023, worth a combined $105M — up 21% from $86.3M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TCBX and 6 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 24 added.
The largest buyer was Ategra Capital Management, adding an estimated $1.81M. The largest seller was WJ Interests, exiting entirely with an estimated $713K sold.
- 69 institutional investors held Third Coast Bancshares (TCBX) as of Q4 2023, down from 72 in Q3 2023.
- Funds reported $105M of Third Coast Bancshares stock for Q4 2023, up 21% quarter-over-quarter.
- 6 funds opened new Third Coast Bancshares positions in Q4 2023 and 9 closed out, a net change of -3 holders.
- The largest Third Coast Bancshares buyer in Q4 2023 was Ategra Capital Management, an estimated $1.81M added.
- The largest Third Coast Bancshares seller in Q4 2023 was WJ Interests, an estimated $713K sold.
Based on aggregated 13F filings for Q4 2023.