Third Coast Bancshares
TCBX
72 hedge funds and large institutions have $86.3M invested in Third Coast Bancshares in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
118% more capital inflows, than outflows
Capital inflows: $7.17M | Capital outflows: $3.29M
6% more funds holding
Funds holding: 68 → 72 (+4)
1.24% more ownership
Funds ownership: 35.93% → 37.18% (+1.2%)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ategra Capital Management
Vienna,
Virginia
|
+$2.4M |
| 2 |
Morgan Stanley
New York
|
+$1.16M |
| 3 |
Rosenthal Henry Capital Advisors
Mishawaka,
Indiana
|
+$953K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$591K |
| 5 |
Kennedy Capital Management
St Louis,
Missouri
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$717K |
| 2 |
BlackRock
New York
|
-$506K |
| 3 |
MI
M3F Inc
Salt Lake City,
Utah
|
-$486K |
| 4 |
ClearBridge Investments
New York
|
-$316K |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$246K |
TCBX Hedge Fund Activity: Q3 2023 in Review
72 of the 6,316 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q3 2023, worth a combined $86.3M — up 11% from $77.5M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TCBX positions and 3 closed out — a net gain of 5 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was Ategra Capital Management, opening a new position worth an estimated $2.4M. The largest seller was Millennium Management, cutting an estimated $717K.
- 72 institutional investors held Third Coast Bancshares (TCBX) as of Q3 2023, up from 68 in Q2 2023.
- Funds reported $86.3M of Third Coast Bancshares stock for Q3 2023, up 11% quarter-over-quarter.
- 8 funds opened new Third Coast Bancshares positions in Q3 2023 and 3 closed out, a net change of +5 holders.
- The largest Third Coast Bancshares buyer in Q3 2023 was Ategra Capital Management, an estimated $2.4M added.
- The largest Third Coast Bancshares seller in Q3 2023 was Millennium Management, an estimated $717K sold.
Based on aggregated 13F filings for Q3 2023.