Third Coast Bancshares
TCBX
81 hedge funds and large institutions have $123M invested in Third Coast Bancshares in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
8% more capital invested
Capital invested by funds: $113M → $123M (+$9.38M)
7% more funds holding
Funds holding: 76 → 81 (+5)
0.74% more ownership
Funds ownership: 41.56% → 42.3% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$878K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$831K |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
+$683K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$592K |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$585K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ClearBridge Investments
New York
|
-$1.02M |
| 2 |
ACM
Ategra Capital Management
Vienna,
Virginia
|
-$568K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$518K |
| 4 |
BlackRock
New York
|
-$399K |
| 5 |
JP Morgan Chase
New York
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PMAM
76
Picton Mahoney Asset Management
Toronto,
Ontario, Canada
| $9K | +$8.98K | +448 | New |
|
|
AAP
77
Arax Advisory Partners
Denver,
Colorado
| $5.02K | +$4.73K | +236 | New |
|
|
C
78
Covestor
London,
United Kingdom
| $2K | +$261 | +13 | +21% |
|
79
Macquarie Group
Sydney, NSW 2000,
Australia
| $1.59K | +$1.5K | +75 | New |
|
80
Nisa Investment Advisors
St. Louis,
Missouri
| $170 | – | – | – |
|
81
Osaic Holdings
Scottsdale,
Arizona
| $128 | +$120 | +6 | New |
|
|
82
ClearBridge Investments
New York
| – | -$1.02M | -50,941 | Closed |
|
|
83
Citadel Advisors
Miami,
Florida
| – | -$518K | -25,850 | Closed |
|
84
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$249K | -12,426 | Closed |
|
85
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$184K | -9,175 | Closed |
|
|
AIG
86
American International Group
New York
| – | -$127K | -6,349 | Closed |
|
|
MLICM
87
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$17.3K | -863 | Closed |
|
|
AWM
88
Avior Wealth Management
Omaha,
Nebraska
| – | -$40 | -2 | Closed |
|
TCBX Hedge Fund Activity: Q2 2024 in Review
81 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q2 2024, worth a combined $123M — up 8.3% from $113M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TCBX positions and 7 closed out — a net gain of 5 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $878K. The largest seller was ClearBridge Investments, exiting entirely with an estimated $1.02M sold.
- 81 institutional investors held Third Coast Bancshares (TCBX) as of Q2 2024, up from 76 in Q1 2024.
- Funds reported $123M of Third Coast Bancshares stock for Q2 2024, up 8.3% quarter-over-quarter.
- 12 funds opened new Third Coast Bancshares positions in Q2 2024 and 7 closed out, a net change of +5 holders.
- The largest Third Coast Bancshares buyer in Q2 2024 was Goldman Sachs, an estimated $878K added.
- The largest Third Coast Bancshares seller in Q2 2024 was ClearBridge Investments, an estimated $1.02M sold.
Based on aggregated 13F filings for Q2 2024.