Coastal Investment Management, L.p. Buys Raytheon Co, Cerence Inc, AECOM, Sells Alphabet Inc, Synopsys Inc, Blackstone Group Inc

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May 01, 2020
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Investment company Coastal Investment Management, L.p. (Current Portfolio) buys Raytheon Co, Cerence Inc, AECOM, California Resources Corp, DXC Technology Co, sells Alphabet Inc, Synopsys Inc, Blackstone Group Inc, Intel Corp, Alphabet Inc during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Coastal Investment Management, L.p.. As of 2020Q1, Coastal Investment Management, L.p. owns 7 stocks with a total value of $9 million. These are the details of the buys and sells.

For the details of COASTAL INVESTMENT MANAGEMENT, L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/coastal+investment+management%2C+l.p./current-portfolio/portfolio

These are the top 5 holdings of COASTAL INVESTMENT MANAGEMENT, L.P.
  1. Raytheon Co (RTN) - 13,300 shares, 20.52% of the total portfolio. New Position
  2. Cerence Inc (CRNC) - 112,556 shares, 20.40% of the total portfolio. New Position
  3. AECOM (ACM) - 49,695 shares, 17.45% of the total portfolio. New Position
  4. California Resources Corp (CRC) - 1,414,910 shares, 16.65% of the total portfolio. New Position
  5. DXC Technology Co (DXC) - 67,000 shares, 10.29% of the total portfolio. New Position
New Purchase: Raytheon Co (RTN)

Coastal Investment Management, L.p. initiated holding in Raytheon Co. The purchase prices were between $112.61 and $232.31, with an estimated average price of $199.29. The stock is now traded at around $116.96. The impact to a portfolio due to this purchase was 20.52%. The holding were 13,300 shares as of .

New Purchase: Cerence Inc (CRNC)

Coastal Investment Management, L.p. initiated holding in Cerence Inc. The purchase prices were between $13.45 and $26.65, with an estimated average price of $21.1. The stock is now traded at around $21.16. The impact to a portfolio due to this purchase was 20.4%. The holding were 112,556 shares as of .

New Purchase: AECOM (ACM)

Coastal Investment Management, L.p. initiated holding in AECOM. The purchase prices were between $23.82 and $51.92, with an estimated average price of $42.98. The stock is now traded at around $36.26. The impact to a portfolio due to this purchase was 17.45%. The holding were 49,695 shares as of .

New Purchase: California Resources Corp (CRC)

Coastal Investment Management, L.p. initiated holding in California Resources Corp. The purchase prices were between $1 and $10.58, with an estimated average price of $6.27. The stock is now traded at around $2.80. The impact to a portfolio due to this purchase was 16.65%. The holding were 1,414,910 shares as of .

New Purchase: DXC Technology Co (DXC)

Coastal Investment Management, L.p. initiated holding in DXC Technology Co. The purchase prices were between $9.31 and $37.59, with an estimated average price of $26.83. The stock is now traded at around $18.13. The impact to a portfolio due to this purchase was 10.29%. The holding were 67,000 shares as of .

New Purchase: Alliance Data Systems Corp (ADS)

Coastal Investment Management, L.p. initiated holding in Alliance Data Systems Corp. The purchase prices were between $22.61 and $114.03, with an estimated average price of $86.44. The stock is now traded at around $50.07. The impact to a portfolio due to this purchase was 9.9%. The holding were 25,000 shares as of .

Sold Out: Alphabet Inc (GOOG)

Coastal Investment Management, L.p. sold out a holding in Alphabet Inc. The sale prices were between $1056.62 and $1526.69, with an estimated average price of $1361.82.

Sold Out: Synopsys Inc (SNPS)

Coastal Investment Management, L.p. sold out a holding in Synopsys Inc. The sale prices were between $108.48 and $164.99, with an estimated average price of $142.66.

Sold Out: Blackstone Group Inc (BX)

Coastal Investment Management, L.p. sold out a holding in Blackstone Group Inc. The sale prices were between $36.04 and $64.41, with an estimated average price of $55.53.

Sold Out: Intel Corp (INTC)

Coastal Investment Management, L.p. sold out a holding in Intel Corp. The sale prices were between $44.61 and $68.47, with an estimated average price of $59.3.

Sold Out: Alphabet Inc (GOOGL)

Coastal Investment Management, L.p. sold out a holding in Alphabet Inc. The sale prices were between $1054.13 and $1524.87, with an estimated average price of $1359.46.

Sold Out: NortonLifeLock Inc (NLOK)

Coastal Investment Management, L.p. sold out a holding in NortonLifeLock Inc. The sale prices were between $16.58 and $28.42, with an estimated average price of $21.77.



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