Third Coast Bancshares
TCBX
62 hedge funds and large institutions have $90.4M invested in Third Coast Bancshares in 2022 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 11 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
1.82% more ownership
Funds ownership: 37.31% → 39.13% (+1.8%)
3% less funds holding
Funds holding: 64 → 62 (-2)
18% less capital invested
Capital invested by funds: $110M → $90.4M (-$19.6M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$2.46M |
| 2 |
BlackRock
New York
|
+$1.99M |
| 3 |
Geode Capital Management
Boston,
Massachusetts
|
+$1.58M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
+$1.23M |
| 5 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$4.21M |
| 2 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$1.76M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$650K |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$482K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$431K |
TCBX Hedge Fund Activity: Q3 2022 in Review
62 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q3 2022, worth a combined $90.4M — down 18% from $110M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TCBX and 9 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 25 added.
The largest buyer was Vanguard Group, adding an estimated $2.46M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $4.21M sold.
- 62 institutional investors held Third Coast Bancshares (TCBX) as of Q3 2022, down from 64 in Q2 2022.
- Funds reported $90.4M of Third Coast Bancshares stock for Q3 2022, down 18% quarter-over-quarter.
- 9 funds opened new Third Coast Bancshares positions in Q3 2022 and 11 closed out, a net change of -2 holders.
- The largest Third Coast Bancshares buyer in Q3 2022 was Vanguard Group, an estimated $2.46M added.
- The largest Third Coast Bancshares seller in Q3 2022 was Kennedy Capital Management, an estimated $4.21M sold.
Based on aggregated 13F filings for Q3 2022.