CCB COASTAL FINANCIAL CORP
Executive Summary
8 institutional buyers accumulated $14.9M in CCB (net +$9.4M) during Q3 2024, led by Schwab and Invesco doubling their positions. The sole seller, First Trust Advisors, near-exited a $1.6M position. While the cluster signals net accumulation, the dominance of passive funds and the 6-month-old data temper the bullish signal, especially given CCB's poor historical price performance.
Key Financial Metrics
Institutional Positions
Net institutional flow: $8.2M
▲ Buyers (8)
| Institution | Action | Change | Position Value | Value Δ |
|---|---|---|---|---|
| Schwab | DOUBLED | +188.4% | $5.0M | $3.5M |
| Invesco | DOUBLED | +179.5% | $4.7M | $3.3M |
| Tudor Investment Corp Et Al | DOUBLED | +105.1% | $2.3M | $1.4M |
| Citadel | ADD | +76.2% | $1.9M | $1.0M |
▼ Sellers (1)
| Institution | Action | Change | Prev Value | Value Δ |
|---|---|---|---|---|
| First Trust Advisors | NEAR_EXIT | -76.9% | $1.6M | -$1.2M |
Actionable Insight
The cluster points to broad accumulation but with significant passive/index-driven buying that may not reflect active conviction. Given the 6-month data lag and CCB's negative momentum (prior neutral reports averaged -8% at T+20), watch for Q4 2024 13F filings due February 2025 to confirm whether these positions were held or sold. No near-term catalyst is apparent from this cluster alone.
Key Facts
- 8 buyers vs 1 seller in Q3 2024
- Total buyer holdings: $14.9M, net change +$9.4M
- Schwab doubled position to $5.0M (Δ+$3.5M); Invesco doubled to $4.7M (Δ+$3.3M)
- Citadel added 76.2% to $1.9M; Tudor Investment Corp doubled to $2.3M
- First Trust Advisors cut 76.9% of its CCB stake, selling $1.6M down to $440K
- Data is from Q3 2024 filing (45-day reporting lag) — positions may have changed
Financial Impact
Net institutional buying of ~$8.2M (buyers added $9.4M, seller reduced by $1.2M). Two passive funds (Schwab, Invesco) contributed $6.8M of the buying.
Risk Factors
- Data is from Q3 2024 — positions may have been partially or fully exited since
- Two largest buyers are passive managers, diluting the active signal
- Historical performance shows past reports on CCB, even at neutral scores, preceded significant selloffs
- No clear catalyst or earnings context to support the thesis
Market Snapshot
Documents Analyzed
This report is based on 1 institutional 13F filing from SEC EDGAR.
| Document | Accession Number |
|---|---|
| INST-CLUSTER Data (Synthetic) | inst-cluster-CCB-2024-Q3 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $71.99 awaiting T+20 | awaiting T+20 | — | — |
|
May 1, 2026
6w ago
|
Insider Cluster
| $76.39 $71.34 | ▼ −6.61% | ▼ −11.90% | — |
|
Apr 29, 2026
6w ago
|
8-K
| $75.71 $70.81 | ▼ −6.48% | ▼ −11.94% | — |
|
Apr 29, 2026
6w ago
|
8-K
| $75.71 $70.81 | ▼ −6.48% | ▼ −11.94% | — |
|
Apr 29, 2026
6w ago
|
8-K
| $75.71 $70.81 | ▼ −6.48% | ▼ −11.94% | — |
|
Apr 13, 2026
8w ago
|
DEFA14A
| $82.39 $70.73 | ▼ −14.15% | ▼ −21.88% | — |
US Market Status
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