Coastwise Capital 13F annual report
Coastwise Capital is an investment fund managing more than $104 billion ran by Brad Saenz. There are currently 89 companies in Mr. Saenz’s portfolio. The largest investments include Schwab Strategic Tr and Apple Inc, together worth $21.4 billion.
$104 billion Assets Under Management (AUM)
As of 7th August 2024, Coastwise Capital’s top holding is 225,632 shares of Schwab Strategic Tr currently worth over $14.6 billion and making up 14.1% of the portfolio value.
In addition, the fund holds 32,043 shares of Apple Inc worth $6.75 billion, whose value grew 20.2% in the past six months.
The third-largest holding is Amazon.com worth $4.75 billion and the next is NVIDIA Corp worth $4.29 billion, with 34,732 shares owned.
Currently, Coastwise Capital's portfolio is worth at least $104 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Coastwise Capital
The Coastwise Capital office and employees reside in La Jolla, California. According to the last 13-F report filed with the SEC, Brad Saenz serves as the Chief Operating Officer at Coastwise Capital.
Recent trades
In the most recent 13F filing, Coastwise Capital revealed that it had opened a new position in
Spdr Ser Tr and bought 7,711 shares worth $320 million.
The investment fund also strengthened its position in NVIDIA Corp by buying
30,775 additional shares.
This makes their stake in NVIDIA Corp total 34,732 shares worth $4.29 billion.
NVIDIA Corp dropped 73.5% in the past year.
On the other hand, there are companies that Coastwise Capital is getting rid of from its portfolio.
Coastwise Capital closed its position in Ishares Tr on 14th August 2024.
It sold the previously owned 1,372 shares for $462 million.
Brad Saenz also disclosed a decreased stake in Schwab Strategic Tr by approximately 0.1%.
This leaves the value of the investment at $14.6 billion and 225,632 shares.
One of the smallest hedge funds
The two most similar investment funds to Coastwise Capital are Ariston Services and Divco West Real Estate Services. They manage $104 billion and $104 billion respectively.
Brad Saenz investment strategy
Coastwise Capital’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Technology — making up 17.5% of
the total portfolio value.
The fund focuses on investments in the United States as
55.1% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
53% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $265 billion.
The complete list of Coastwise Capital trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Schwab Strategic Tr |
3.22%
225,632
|
$14,619,380,000 | 14.08% |
| Apple Inc |
0.77%
32,043
|
$6,748,994,000 | 6.50% |
| Amazon.com Inc. |
0.56%
24,582
|
$4,750,472,000 | 4.58% |
| NVIDIA Corp |
777.74%
34,732
|
$4,290,793,000 | 4.13% |
| Alphabet Inc |
1.45%
21,219
|
$3,891,966,000 | 3.75% |
| Spdr Sp 500 Etf Tr |
4.51%
6,163
|
$3,353,879,000 | 3.23% |
| Microsoft Corporation |
0.56%
6,713
|
$3,000,582,000 | 2.89% |
| Spdr Dow Jones Indl Average |
35.28%
6,175
|
$2,415,157,000 | 2.33% |
| Meta Platforms Inc |
0.02%
4,306
|
$2,171,163,000 | 2.09% |
| Pfizer Inc. |
6.72%
71,916
|
$2,012,205,000 | 1.94% |
| Verizon Communications Inc |
2.91%
43,120
|
$1,778,249,000 | 1.71% |
| Att Inc |
4.34%
86,064
|
$1,644,676,000 | 1.58% |
| Bank America Corp |
5.42%
39,427
|
$1,568,005,000 | 1.51% |
| Berkshire Hathaway Inc. |
0.96%
3,781
|
$1,538,111,000 | 1.48% |
| Bristol-Myers Squibb Co. |
74.24%
35,755
|
$1,484,913,000 | 1.43% |
| Wells Fargo Co New |
4.56%
24,790
|
$1,472,272,000 | 1.42% |
| First Tr Exchange-traded Fd |
12.00%
29,974
|
$1,370,127,000 | 1.32% |
| Jpmorgan Chase Co. |
6.38%
6,575
|
$1,329,931,000 | 1.28% |
| Tesla Inc |
0.08%
6,583
|
$1,302,644,000 | 1.25% |
| Starbucks Corp. |
40.86%
16,700
|
$1,300,077,000 | 1.25% |
| Salesforce Inc |
12.12%
5,051
|
$1,298,673,000 | 1.25% |
| Qualcomm, Inc. |
8.55%
6,437
|
$1,282,213,000 | 1.24% |
| Netflix Inc. |
6.11%
1,828
|
$1,233,681,000 | 1.19% |
| Cisco Sys Inc |
1.73%
25,166
|
$1,195,638,000 | 1.15% |
| Boeing Co. |
1.66%
5,918
|
$1,077,180,000 | 1.04% |
| Vanguard Index Fds |
2.06%
4,945
|
$1,599,530,000 | 1.54% |
| Coca-Cola Co |
0.78%
14,576
|
$927,732,000 | 0.89% |
| Vanguard Whitehall Fds |
4.59%
7,801
|
$925,179,000 | 0.89% |
| International Business Machs |
12.94%
5,189
|
$897,497,000 | 0.86% |
| Altria Group Inc. |
0.90%
17,508
|
$797,509,000 | 0.77% |
| Citigroup Inc |
27.90%
12,383
|
$785,832,000 | 0.76% |
| Johnson Johnson |
3.33%
5,299
|
$774,549,000 | 0.75% |
| RTX Corp |
12.87%
7,580
|
$760,912,000 | 0.73% |
| Procter And Gamble Co |
0.97%
4,612
|
$760,541,000 | 0.73% |
| Invesco Exch Traded Fd Tr Ii |
8.79%
65,750
|
$759,411,000 | 0.73% |
| Intel Corp. |
0.93%
23,526
|
$728,585,000 | 0.70% |
| Chevron Corp. |
5.22%
4,632
|
$724,473,000 | 0.70% |
| Invesco Exch Trd Slf Idx Fd |
1.79%
45,477
|
$950,246,000 | 0.92% |
| AMGEN Inc. |
8.58%
2,142
|
$669,169,000 | 0.64% |
| Delta Air Lines, Inc. |
11.50%
13,832
|
$656,189,000 | 0.63% |
| Wynn Resorts Ltd. |
0.16%
6,687
|
$598,472,000 | 0.58% |
| General Dynamics Corp. |
24.87%
2,045
|
$593,418,000 | 0.57% |
| General Mtrs Co |
3.63%
12,625
|
$586,560,000 | 0.57% |
| Caterpillar Inc. |
1.81%
1,743
|
$580,515,000 | 0.56% |
| Disney Walt Co |
4.57%
5,843
|
$580,151,000 | 0.56% |
| Goldman Sachs Group, Inc. |
0.31%
1,274
|
$576,438,000 | 0.56% |
| BP plc |
2.27%
15,575
|
$562,260,000 | 0.54% |
| First Tr Exch Traded Fd Iii |
2.58%
32,378
|
$562,082,000 | 0.54% |
| Costco Whsl Corp New |
0.15%
661
|
$561,718,000 | 0.54% |
| Merck Co Inc |
0.35%
4,506
|
$557,857,000 | 0.54% |
| Gilead Sciences, Inc. |
2.03%
7,780
|
$533,804,000 | 0.51% |
| 3M Co. |
6.91%
5,217
|
$533,123,000 | 0.51% |
| Ishares Tr |
0.31%
43,959
|
$3,712,106,000 | 3.58% |
| Visa Inc |
0.11%
1,825
|
$478,976,000 | 0.46% |
| Norfolk Southn Corp |
0.09%
2,210
|
$474,411,000 | 0.46% |
| Ishares Tr |
Closed
1,372
|
$462,302,000 | |
| Home Depot, Inc. |
19.55%
1,259
|
$433,543,000 | 0.42% |
| Medtronic Plc |
No change
5,400
|
$425,034,000 | 0.41% |
| NextEra Energy Inc |
25.87%
5,904
|
$418,045,000 | 0.40% |
| Ford Mtr Co Del |
31.74%
32,873
|
$412,231,000 | 0.40% |
| American Airls Group Inc |
4.26%
35,940
|
$407,200,000 | 0.39% |
| Philip Morris International Inc |
0.08%
3,992
|
$404,483,000 | 0.39% |
| Adobe Inc |
No change
716
|
$397,767,000 | 0.38% |
| Schwab Charles Corp |
18.87%
5,143
|
$378,952,000 | 0.37% |
| Abbott Labs |
0.32%
3,487
|
$362,365,000 | 0.35% |
| Colgate-Palmolive Co. |
10.37%
3,715
|
$360,529,000 | 0.35% |
| Vanguard Intl Equity Index F |
0.28%
16,667
|
$888,068,000 | 0.86% |
| Spdr Ser Tr |
22.11%
7,413
|
$635,076,000 | 0.61% |
| Clorox Co. |
0.57%
2,491
|
$339,930,000 | 0.33% |
| Broadcom Inc |
2.39%
204
|
$328,142,000 | 0.32% |
| Exxon Mobil Corp. |
0.32%
2,810
|
$323,503,000 | 0.31% |
| Spdr Ser Tr |
Opened
7,711
|
$320,256,000 | 0.31% |
| Advanced Micro Devices Inc. |
34.82%
1,909
|
$309,659,000 | 0.30% |
| Wisdomtree Tr |
0.57%
7,083
|
$306,764,000 | 0.30% |
| Select Sector Spdr Tr |
13.52%
8,565
|
$971,177,000 | 0.94% |
| Invesco Exchange Traded Fd T |
Closed
1,587
|
$268,821,000 | |
| Schwab Strategic Tr |
Closed
2,732
|
$253,357,000 | |
| Abbvie Inc |
7.35%
1,475
|
$252,922,000 | 0.24% |
| Xerox Holdings Corp |
30.25%
21,151
|
$245,769,000 | 0.24% |
| Vanguard Bd Index Fds |
Closed
3,125
|
$239,576,000 | |
| General Electric Co |
Closed
1,330
|
$233,452,000 | |
| Ishares Inc |
Closed
3,311
|
$229,465,000 | |
| Annaly Capital Management In |
14.44%
11,865
|
$226,149,000 | 0.22% |
| General Mls Inc |
9.89%
3,522
|
$222,788,000 | 0.21% |
| Schlumberger Ltd. |
0.21%
4,695
|
$221,496,000 | 0.21% |
| PayPal Holdings Inc |
2.67%
3,642
|
$211,345,000 | 0.20% |
| Proshares Tr |
0.64%
2,191
|
$210,573,000 | 0.20% |
| Dow Inc |
Closed
3,601
|
$208,581,000 | |
| Northrop Grumman Corp. |
Closed
434
|
$207,872,000 | |
| Nike, Inc. |
Opened
2,722
|
$205,160,000 | 0.20% |
| Morgan Stanley |
Closed
2,174
|
$204,733,000 | |
| Alaska Air Group Inc. |
0.02%
5,050
|
$204,028,000 | 0.20% |
| Mastercard Incorporated |
0.22%
462
|
$203,714,000 | 0.20% |
| Select Sector Spdr Tr |
Closed
4,829
|
$203,392,000 | |
| Pure Storage Inc |
Opened
3,159
|
$202,839,000 | 0.20% |
| Realty Income Corp. |
1.17%
3,807
|
$201,102,000 | 0.19% |
| Spdr Index Shs Fds |
Opened
5,690
|
$200,860,000 | 0.19% |
| Invesco Exchange Traded Fd T |
8.70%
10,218
|
$183,102,000 | 0.18% |
| Warner Bros.Discovery Inc |
Closed
10,182
|
$88,889,000 | |
| New York Cmnty Bancorp Inc |
No change
15,000
|
$48,300,000 | 0.05% |
| No transactions found | |||
| Showing first 500 out of 100 holdings | |||
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