<strong>Coastal Bridge Advisors LLC</strong>: Q2 Portfolio Shifts Show Increased Focus on Growth ETFs and Technology Stocks

Introduction:

Last month, Coastal Bridge Advisors LLC, a significant investment vehicle with over 400 holdings as of June 30th, reported notable adjustments to its portfolio. The firm's diverse holdings span various sectors including Technology, Financial Services, and Communication Services, among others.

Significant Purchases:

• The fund significantly increased its position in the Vanguard Information Technology ETF (VUG) by acquiring 176,769 shares. This substantial increase reflects a strong buying interest in this sector-specific exchange-traded fund.
• Shares of NVIDIA Corporation (NVDA) saw an increase of 5,088 during the quarter, indicating continued confidence in its position despite recent price volatility.
• The firm also boosted its holdings in the iShares Core S&P Small-Cap Growth ETF (SCHD), adding approximately 55,421 shares. This suggests a strategic tilt towards smaller growth-oriented companies within this segment.
• Additionally, there was notable buying activity in the Vanguard Total Stock Market ETF (VO) with an increase of around 76,624 shares, reinforcing exposure to broad market index funds.
• The iShares Core Eurozone Bond ETF (IEUR) also benefited from a significant purchase, adding roughly 37,895 shares during the period.

Notable Sales:

• In contrast to its buying activity, Coastal Bridge Advisors sold off substantial positions in several areas. The firm divested a significant portion of its holdings in Blackstone Strategic Credit 20 (BGB), reducing the position by nearly 192,476 shares.
• Shares of Morgan Stanley Select Sector SPDR Trust for Communication Services (SCHD) were also sold off significantly, with a reduction of about 55,421 shares.
• The firm reduced its stake in JPMorgan Credit Suisse Commercial Mortgage Backed Securities ETF (JEPI), decreasing the position by roughly 6,673 shares.
• There was also an exit from a position in Amazon.com Inc. (AMZN) and Morgan Stanley Select Sector SPDR Fund for Consumer Cyclical (XLI - though not listed here, but mentioned as sold). The sale of these specific stocks suggests a strategic rebalancing or profit-taking decision.
• Furthermore, the fund disposed of its entire position in eToro Group Ltd. (G32089107), reducing shares by 49,893 and effectively exiting this investment.

Sector Shifts:

The portfolio's allocation saw shifts across sectors. Technology remains a strong focus with Apple Inc. (AAPL) contributing about 3.9% of the total value, while Microsoft Corporation (MSFT), NVIDIA Corp., and Micron Technology Inc. (MU) also feature prominently in this sector.

Financial Services allocation saw changes as well, including positions in Blackstone Strategic Credit ETFs (BGB and SCHWAB STRATEGIC TR - SCHD/SCHO). The firm's holdings in these areas fluctuated during the quarter.

Overall Portfolio Changes:

• The total portfolio value reported as of June 30th, 2026 is $1.47 billion (approximately).
• The top five holdings by weight account for about 13.59% of the total portfolio value.

Conclusion:

Coastal Bridge Advisors' Q2 adjustments reflect a dynamic investment strategy, with significant inflows into popular exchange-traded funds and selective sales from individual stocks like BGB and JEPI. Their focus appears to remain on broad diversification across various asset classes including equities and ETFs.