Rafferty Asset Management Boosts Stake in Seacoast Banking Corporation of Florida

Institutional investor increases position in Florida-based financial services provider

Published on Mar. 4, 2026

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Rafferty Asset Management LLC, an institutional investor, has increased its stake in Seacoast Banking Corporation of Florida (NASDAQ:SBCF) by 64.6% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 108,063 shares of the financial services provider's stock, worth approximately $3.29 million.

Why it matters

This move by Rafferty Asset Management suggests the firm sees growth potential in Seacoast Banking Corporation of Florida, a regional bank with a focus on the coastal region of Florida. The increased stake could signal confidence in the company's performance and future prospects.

The details

According to the 13F filing, Rafferty Asset Management acquired an additional 42,405 shares of Seacoast Banking Corporation of Florida during the third quarter, bringing its total position to 108,063 shares. This represents approximately 0.11% of the company's outstanding shares.

  • Rafferty Asset Management increased its stake in the third quarter of 2026.

The players

Rafferty Asset Management LLC

An institutional investor and asset management firm.

Seacoast Banking Corporation of Florida

A regional bank headquartered in Stuart, Florida, providing commercial and retail banking services across the coastal region of the state.

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The takeaway

Rafferty Asset Management's increased stake in Seacoast Banking Corporation of Florida suggests the firm sees long-term potential in the regional bank's growth and performance, despite some recent analyst downgrades. This move could signal a positive outlook for the company's future in the Florida banking market.