Coastal Bridge Advisors, LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
33 RIVERSIDE AVENUE, 5TH FLOOR WESTPORT, CT 06880
As of the latest 13F report, the guru’s equity portfolio contained 175 stocks valued at a total of $352.00Mil. The top holdings were BGB(11.97%), TH(10.91%), and LZ(5.72%).
According to GuruFocus data, these were Coastal Bridge Advisors, LLC’s top five trades of the quarter.
JPMorgan Equity Premium Income ETF
During the quarter, Coastal Bridge Advisors, LLC bought 209,731 shares of ARCA:JEPI for a total holding of 241,040. The trade had a 2.89% impact on the equity portfolio. During the quarter, the stock traded for an average price of $54.6.
On 02/09/2023, JPMorgan Equity Premium Income ETF traded for a price of $54.62 per share and a market cap of $20.21Bil. The stock has returned -0.31% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, JPMorgan Equity Premium Income ETF has a price-earnings ratio of 23.22 and a price-book ratio of 4.26.
Vanguard Short-Term Inflation-Protected Securities
The guru established a new position worth 152,553 shares in NAS:VTIP, giving the stock a 1.97% weight in the equity portfolio. Shares traded for an average price of $48.61 during the quarter.
On 02/09/2023, Vanguard Short-Term Inflation-Protected Securities traded for a price of $47.08 per share and a market cap of $15.54Bil. The stock has returned -0.81% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
iShares 0-3 Month Treasury Bond ETF
The guru established a new position worth 48,672 shares in ARCA:SGOV, giving the stock a 1.31% weight in the equity portfolio. Shares traded for an average price of $99.56999999999999 during the quarter.
On 02/09/2023, iShares 0-3 Month Treasury Bond ETF traded for a price of $100.17 per share and a market cap of $6.33Bil. The stock has returned 2.01% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
LegalZoom.com Inc
During the quarter, Coastal Bridge Advisors, LLC bought 480,000 shares of NAS:LZ for a total holding of 2,607,111. The trade had a 1.11% impact on the equity portfolio. During the quarter, the stock traded for an average price of $10.35.
On 02/09/2023, LegalZoom.com Inc traded for a price of $8.6 per share and a market cap of $1.66Bil. The stock has returned -46.55% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, LegalZoom.com Inc has a price-book ratio of 10.89, a EV-to-Ebitda ratio of -24.42 and a price-sales ratio of 2.71.
iShares Gold Trust
Coastal Bridge Advisors, LLC reduced their investment in ARCA:IAU by 83,442 shares. The trade had a 0.88% impact on the equity portfolio. During the quarter, the stock traded for an average price of $32.77.
On 02/09/2023, iShares Gold Trust traded for a price of $35.58 per share and a market cap of $27.25Bil. The stock has returned 2.38% over the past year.
There is insufficient data to calculate the stock’s financial strength and profitability ratings.
In terms of valuation, iShares Gold Trust has a price-book ratio of 6.44.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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