Third Coast Bancshares
TCBX
90 hedge funds and large institutions have $169M invested in Third Coast Bancshares in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 23 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
38% more capital invested
Capital invested by funds: $123M → $169M (+$46.9M)
35% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 23
11% more funds holding
Funds holding: 81 → 90 (+9)
4.25% more ownership
Funds ownership: 42.3% → 46.55% (+4.3%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$6.09M |
| 2 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$2.65M |
| 3 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$1.87M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1.29M |
| 5 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Adage Capital Partners
Boston,
Massachusetts
|
-$5.12M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.31M |
| 3 |
Millennium Management
New York
|
-$574K |
| 4 |
QC
Quadrature Capital
London,
United Kingdom
|
-$512K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$456K |
TCBX Hedge Fund Activity: Q3 2024 in Review
90 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Third Coast Bancshares (TCBX) for Q3 2024, worth a combined $169M — up 38% from $123M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TCBX positions and 8 closed out — a net gain of 10 holders — while 31 added to existing stakes and 23 trimmed.
The largest buyer was Wasatch Advisors, opening a new position worth an estimated $6.09M. The largest seller was Adage Capital Partners, cutting an estimated $5.12M.
- 90 institutional investors held Third Coast Bancshares (TCBX) as of Q3 2024, up from 81 in Q2 2024.
- Funds reported $169M of Third Coast Bancshares stock for Q3 2024, up 38% quarter-over-quarter.
- 18 funds opened new Third Coast Bancshares positions in Q3 2024 and 8 closed out, a net change of +10 holders.
- The largest Third Coast Bancshares buyer in Q3 2024 was Wasatch Advisors, an estimated $6.09M added.
- The largest Third Coast Bancshares seller in Q3 2024 was Adage Capital Partners, an estimated $5.12M sold.
Based on aggregated 13F filings for Q3 2024.