Coastal Bridge Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BGB
Blackstone Strategic Credit 2027 Term Fund
BGB
|
+$6.58M |
| 2 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$2.45M |
| 3 |
JPMorgan Chase
JPM
|
+$2.03M |
| 4 |
FEN
First Trust Energy Income and Growth Fund
FEN
|
+$1.75M |
| 5 |
iShares Gold Trust
IAU
|
+$1.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$33.9M |
| 2 |
WillScot Mobile Mini Holdings
WSC
|
+$3.27M |
| 3 |
Janus Henderson Short Duration Income ETF
VNLA
|
+$1.69M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$1.61M |
| 5 |
Apple
AAPL
|
+$572K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 35.11% |
| 2 | Financials | 8.82% |
| 3 | Healthcare | 7.06% |
| 4 | Industrials | 4.6% |
| 5 | Technology | 4.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Nike
NKE
$62.7B
| – | – |
-2,212
| Closed | -$224K |
|
152
Norfolk Southern
NSC
$75B
| – | – |
-1,061
| Closed | -$206K |
|
153
Ryman Hospitality Properties
RHP
$8.41B
| – | – |
-3,299
| Closed | -$286K |
|
154
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| – | – |
-2,394
| Closed | -$256K |
|
155
TransDigm Group
TDG
$69.9B
| – | – |
-452
| Closed | -$253K |
|
|
156
State Street Energy Select Sector SPDR ETF
XLE
$39.2B
| – | – |
-53,496
| Closed | -$1.61M |
|
Similar funds
Coastal Bridge Advisors's Q1 2020 Portfolio in Review
As of Q1 2020, Coastal Bridge Advisors held 156 positions worth $272M, down 29% from $385M the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Coastal Bridge Advisors withdrew a net $14.8M in Q1 2020, closing 12 positions and reducing 20 holdings. Its most notable exit was State Street Energy Select Sector SPDR ETF, an estimated $1.61M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 35% of assets, down from 42% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Coastal Bridge Advisors opened a new position in PIMCO Dynamic Credit and Mortgage Income Fund worth $2.09M.
- Coastal Bridge Advisors's largest Q1 2020 buy was PIMCO Dynamic Credit and Mortgage Income Fund: 105,642 shares worth $2.09M.
- Coastal Bridge Advisors added most to Blackstone Strategic Credit 2027 Term Fund in Q1 2020, an estimated $6.58M increase.
- Coastal Bridge Advisors's biggest Q1 2020 reduction was Verizon, cutting an estimated $33.9M.
- Coastal Bridge Advisors fully exited State Street Energy Select Sector SPDR ETF in Q1 2020, selling an estimated $1.61M.
- Coastal Bridge Advisors's ten largest holdings make up 64% of its $272M portfolio in Q1 2020.
- Coastal Bridge Advisors opened 29 new positions and closed 12 in Q1 2020.
- Coastal Bridge Advisors's portfolio value fell 29% quarter-over-quarter to $272M.
Based on Coastal Bridge Advisors's 13F filing for Q1 2020, filed 14 May 2020.