Third Coast Bancshares
TCBX
76 hedge funds and large institutions have $113M invested in Third Coast Bancshares in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 21 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
29% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 21
10% more funds holding
Funds holding: 69 → 76 (+7)
8% more capital invested
Capital invested by funds: $105M → $113M (+$8.62M)
2.7% more ownership
Funds ownership: 38.86% → 41.56% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCP
BlackBarn Capital Partners
New York
|
+$2.53M |
| 2 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$2.17M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$907K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$784K |
| 5 |
Millennium Management
New York
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
-$1.77M |
| 2 |
Morgan Stanley
New York
|
-$781K |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$594K |
| 4 |
BlackRock
New York
|
-$441K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
-$387K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
76
Avior Wealth Management
Omaha,
Nebraska
| $40 | +$39 | +2 | New |
|
|
BCM
77
BHZ Capital Management
San Jose,
California
| – | -$1.77M | -89,321 | Closed |
|
78
SG Americas Securities
New York
| – | -$134K | -6,742 | Closed |
|
|
A
79
AJOVista
Boston,
Massachusetts
| – | -$24K | -1,210 | Closed |
|
TCBX Hedge Fund Activity: Q1 2024 in Review
76 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q1 2024, worth a combined $113M — up 8.2% from $105M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TCBX positions and 3 closed out — a net gain of 7 holders — while 27 added to existing stakes and 21 trimmed.
The largest buyer was BlackBarn Capital Partners, opening a new position worth an estimated $2.53M. The largest seller was BHZ Capital Management, exiting entirely with an estimated $1.77M sold.
- 76 institutional investors held Third Coast Bancshares (TCBX) as of Q1 2024, up from 69 in Q4 2023.
- Funds reported $113M of Third Coast Bancshares stock for Q1 2024, up 8.2% quarter-over-quarter.
- 10 funds opened new Third Coast Bancshares positions in Q1 2024 and 3 closed out, a net change of +7 holders.
- The largest Third Coast Bancshares buyer in Q1 2024 was BlackBarn Capital Partners, an estimated $2.53M added.
- The largest Third Coast Bancshares seller in Q1 2024 was BHZ Capital Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2024.