Brevan Howard Capital Management 13F: Adds $1.5M to CCB Stake

Brevan Howard Raises Coastal Financial Stake

Brevan Howard Capital Management increased its investment in Coastal Financial Corporation NASDAQ:CCB, adding 20,000 shares to its portfolio during the reporting period according to a Form 13F filing with the Securities and Exchange Commission. Because 13F reports look backward, this disclosure captures holdings as of May 15, 2026, and may not reflect the fund's current share count today.

Position Growth Details

The fund expanded its position by an 18.2% margin, lifting its total count from 110,000 shares up to 130,000 shares. The reported value of the stake reached approximately $9.56 million based on the filing data. This adjustment follows other recent portfolio moves by the firm, which trimmed some equity holdings while scaling up select financial sector names.

Coastal Financial Stock Context

Shares of the regional bank have navigated a wide band over the past year, touching a 52-week low of $36.61 and climbing as high as $120.05. The equity trades below its 200-day moving average of $78.76 and near its 50-day moving average of $54.60. The company carries a forward P/E ratio of 7.63, though its recent trailing earnings per share sat in negative territory at -$0.28.

Recent Analyst Updates

Wall Street firms evaluated the regional lender's prospects with fresh research notes. On July 31, 2026, TD Cowen maintained its Buy rating on the stock while lowering its price target from $110.00 to $47.00. On the same day, Keefe, Bruyette & Woods kept an Outperform rating on the shares while adjusting its price target from $95.00 to $53.00. Across the broader analyst community, four firms hold opinions on the bank with a mean target price of $49.50.

About Coastal Financial Corporation

Based in Everett, Washington, Coastal Financial Corporation acts as the bank holding company for Coastal Community Bank. The institution provides retail and commercial banking products to consumers and small businesses throughout the Puget Sound region. Its services range from standard checking and savings deposits to commercial loans, real estate financing, and a Banking-as-a-Service platform that supports digital financial partners.

What to Watch at CCB

Investors tracking the bank will look ahead to its next financial results release scheduled for October 29, 2026. Future Form 13F filings will reveal whether Brevan Howard Capital Management maintains or alters its position in the regional bank as market conditions evolve.