Third Coast Bancshares
TCBX
62 hedge funds and large institutions have $93M invested in Third Coast Bancshares in 2022 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 16 reducing their positions, and 12 closing their positions.
31% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 16
3% more capital invested
Capital invested by funds: $90.4M → $93M (+$2.58M)
0% more funds holding
Funds holding: 62 → 62 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
1.85% less ownership
Funds ownership: 39.13% → 37.28% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$3.3M |
| 2 |
MI
M3F Inc
Salt Lake City,
Utah
|
+$1.35M |
| 3 |
Millennium Management
New York
|
+$1.17M |
| 4 |
Adage Capital Partners
Boston,
Massachusetts
|
+$1.03M |
| 5 |
RHCA
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
+$945K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFMOSF
Philadelphia Financial Management of San Francisco
San Francisco,
California
|
-$4.51M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.09M |
| 4 |
NCGI
Next Century Growth Investors
Plymouth,
Minnesota
|
-$1.9M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$1.64M |
TCBX Hedge Fund Activity: Q4 2022 in Review
62 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q4 2022, worth a combined $93M — up 2.9% from $90.4M a quarter earlier.
Fund positioning in TCBX was balanced in Q4 2022: 12 funds opened new positions, 12 closed out, 21 added to existing stakes and 16 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $3.3M. The largest seller was Philadelphia Financial Management of San Francisco, exiting entirely with an estimated $4.51M sold.
- 62 institutional investors held Third Coast Bancshares (TCBX) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $93M of Third Coast Bancshares stock for Q4 2022, up 2.9% quarter-over-quarter.
- 12 funds opened new Third Coast Bancshares positions in Q4 2022 and 12 closed out, a net change of 0 holders.
- The largest Third Coast Bancshares buyer in Q4 2022 was Banc Funds Company, an estimated $3.3M added.
- The largest Third Coast Bancshares seller in Q4 2022 was Philadelphia Financial Management of San Francisco, an estimated $4.51M sold.
Based on aggregated 13F filings for Q4 2022.