COASTAL INVESTMENT MANAGEMENT, L.P.
CIK
1594870
Location
LOS ANGELES, CA
Portfolio Value
Micro
$68,564,262
Diversification
Highly concentrated
Filing Date
Global Rank
#4,721
/ 5,924
▲ 138
Top Industry
Software - Infrastructure
77.7%
3Y Alpha vs SPY
-15.9%
Period ended 4 years ago
Filed Oct 18, 2021 · 4y
7 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+15.3%
SPY
+76.3%
Annualised alpha
-15.9%
Max drawdown
−41.1%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
10 positions · as of Sep 30, 2021 · Δ vs Jun 30, 2021Top Position
43.6%
−4.0 pts
Top 5
88.7%
+3.8 pts
Top 10
100.0%
+4.6 pts
HHI
2,729
Highly concentrated+48
Portfolio Trend
7 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 91.5% | $62,759,944 |
| Communication Services | 6.5% | $4,472,597 |
| Energy | 1.9% | $1,331,721 |
Last Quarter's Activity
Export CSVTrimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| CARS | Cars.com Inc. | −175,641 | 353,565 | $4,472,597 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
10 positions ·
$68,564,262 total
· as of Sep 30, 2021
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Held | 105,943 | $29,867,450 | 43.56% | |
| ZS |
Zscaler, Inc.
Technology
|
Added | 67,800 | $17,778,516 | 25.93% | |
| CRM |
Salesforce, Inc.
Technology
|
Held | 21,000 | $5,695,620 | 8.31% | |
| CARS |
Cars.com Inc.
Communication Services
|
Reduced | 353,565 | $4,472,597 | 6.52% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 12,150 | $2,986,227 | 4.36% | |
| OKTA |
Okta, Inc.
Technology
|
Held | 11,122 | $2,639,695 | 3.85% | |
| ESTC |
Elastic N.V.
Technology
|
Held | 10,019 | $1,492,730 | 2.18% | |
| CRC |
California Resources Corp
Energy
|
Held | 32,481 | $1,331,721 | 1.94% | |
| OTEX |
Open Text Corp
Technology
|
Held | 25,000 | $1,218,500 | 1.78% | |
| DOCU |
Docusign, Inc.
Technology
|
Held | 4,200 | $1,081,206 | 1.58% |