Third Coast Bancshares
TCBX
68 hedge funds and large institutions have $77.5M invested in Third Coast Bancshares in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 28 increasing their positions, 19 reducing their positions, and 8 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 19
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
1% less funds holding
Funds holding: 69 → 68 (-1)
1.62% less ownership
Funds ownership: 37.55% → 35.93% (-1.6%)
22% less capital inflows, than outflows
Capital inflows: $11.1M | Capital outflows: $14.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kennedy Capital Management
St Louis,
Missouri
|
+$2.96M |
| 2 |
Bridgeway Capital Management
Houston,
Texas
|
+$1.4M |
| 3 |
BlackRock
New York
|
+$1.3M |
| 4 |
WJ Interests
Sugar Land,
Texas
|
+$646K |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$533K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$4.46M |
| 2 |
Adage Capital Partners
Boston,
Massachusetts
|
-$3.56M |
| 3 |
Curi RMB Capital
Chicago,
Illinois
|
-$3.4M |
| 4 |
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
-$801K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$394K |
TCBX Hedge Fund Activity: Q2 2023 in Review
68 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q2 2023, worth a combined $77.5M — down 3.7% from $80.5M a quarter earlier.
Fund positioning in TCBX was balanced in Q2 2023: 8 funds opened new positions, 8 closed out, 28 added to existing stakes and 19 trimmed.
The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $2.96M. The largest seller was M3F Inc, cutting an estimated $4.46M.
- 68 institutional investors held Third Coast Bancshares (TCBX) as of Q2 2023, down from 69 in Q1 2023.
- Funds reported $77.5M of Third Coast Bancshares stock for Q2 2023, down 3.7% quarter-over-quarter.
- 8 funds opened new Third Coast Bancshares positions in Q2 2023 and 8 closed out, a net change of 0 holders.
- The largest Third Coast Bancshares buyer in Q2 2023 was Kennedy Capital Management, an estimated $2.96M added.
- The largest Third Coast Bancshares seller in Q2 2023 was M3F Inc, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2023.