COASTAL INVESTMENT MANAGEMENT, L.P.
CIK
1594870
Location
LOS ANGELES, CA
Portfolio Value
Micro
$66,324,591
Diversification
Highly concentrated
Filing Date
Global Rank
#4,776
/ 5,929
▲ 100
· as of Sep 2021
Top Industry
Software - Infrastructure
76.9%
3Y Alpha vs SPY
-17.5%
Period ended 4 years ago
Filed Oct 18, 2021 · 4y
7 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+7.1%
SPY
+73.9%
Annualised alpha
-17.9%
Max drawdown
−42.8%
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
45.0%
−3.3 pts
Top 5
91.1%
+4.9 pts
Top 10
100.0%
+3.5 pts
HHI
2,898
Highly concentrated+135
Portfolio Trend
7 quarters · across all stocks
Sector Breakdown
As of Sep 30, 2021| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 91.2% | $60,520,273 |
| Communication Services | 6.7% | $4,472,597 |
| Energy | 2.0% | $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 ·
$66,324,591 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 | 45.03% | |
| ZS |
Zscaler, Inc.
Technology
|
Added | 67,800 | $17,778,516 | 26.81% | |
| CRM |
Salesforce, Inc.
Technology
|
Held | 21,000 | $5,695,620 | 8.59% | |
| CARS |
Cars.com Inc.
Communication Services
|
Reduced | 353,565 | $4,472,597 | 6.74% | |
| OKTA |
Okta, Inc.
Technology
|
Held | 11,122 | $2,639,695 | 3.98% | |
| ESTC |
Elastic N.V.
Technology
|
Held | 10,019 | $1,492,730 | 2.25% | |
| CRC |
California Resources Corp
Energy
|
Held | 32,481 | $1,331,721 | 2.01% | |
| OTEX |
Open Text Corp
Technology
|
Held | 25,000 | $1,218,500 | 1.84% | |
| DOCU |
Docusign, Inc.
Technology
|
Held | 4,200 | $1,081,206 | 1.63% | |
| CRWD |
CrowdStrike Holdings, Inc.
Technology
|
Added | 12,150 | $746,556 | 1.13% |