SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Crestline Management, L.P.

CIK 0001536054 · 201 MAIN STREET, SUITE 2100, FORT WORTH, TX, 76102 · 817.339.7483

Reported Value
$743M
Q2 2019
Positions
82
Filings on Record
31
2019–present window
Filed
Aug 13, 2019
original filing

Summary

Crestline Management, L.P. reported $743M in U.S.-listed holdings across 82 positions for Q2 2019.

The portfolio is heavily concentrated: DNLI alone accounts for 54.4% of reported value.

Compared with Q1 2019, the fund opened 81 new positions and exited 2.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+71.7%
share of reported value
Largest Position
+54.4%
Denali Therapeutics
New / Exited
81 / 2
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $461MQ1 ’19Q2 ’19: $743MQ3 ’19: $621MQ4 ’19: $772MQ1 ’20: $347MQ1 ’20Q2 ’20: $546MQ3 ’20: $678MQ4 ’20: $943MQ1 ’21: $788MQ1 ’21Q2 ’21: $1.2BQ3 ’21: $1.1BQ4 ’21: $1.3BQ1 ’22: $834MQ1 ’22Q2 ’22: $766MQ3 ’22: $740MQ4 ’22: $682MQ1 ’23: $842MQ1 ’23Q2 ’23: $958MQ3 ’23: $858MQ4 ’23: $1.2BQ1 ’24: $1.1BQ1 ’24Q2 ’24: $1.3BQ3 ’24: $1.9BQ4 ’24: $3.0BQ1 ’25: $63MQ1 ’25Q2 ’25: $63MQ3 ’25: $58MQ4 ’25: $53MQ1 ’26: $46MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 74.2%REIT: 20.4%Other: 3.4%ETP: 1.8%ADR: 0.2%
  • Common Stock · 74.2% · $551M
  • REIT · 20.4% · $151M
  • Other · 3.4% · $25M
  • ETP · 1.8% · $13M
  • ADR · 0.2% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VICIVICI PPTYS INCNEW+780.4K780.4K+$17M$17M
CPTCAMDEN PPTY TRNEW+155.0K155.0K+$16M$16M
HSTHOST HOTELS & RESORTS INCNEW+816.1K816.1K+$15M$15M
AMHAMERICAN HOMES 4 RENTNEW+610.0K610.0K+$15M$15M
HEALTHCARE TR AMER INCNEW+519.7K519.7K+$14M$14M
AATAMERICAN ASSETS TR INCNEW+292.0K292.0K+$14M$14M
PARAMOUNT GROUP INCNEW+953.1K953.1K+$13M$13M
AREALEXANDRIA REAL ESTATE EQ INNEW+89.6K89.6K+$13M$13M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

82 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DNLIDENALI THERAPEUTICS INChistory →COM54.41%$404M19.46M
2VICIVICI PPTYS INChistory →COM2.32%$17M780.4K
3CPTCAMDEN PPTY TRhistory →SH BEN INT2.18%$16M155.0K
4HSTHOST HOTELS & RESORTS INChistory →COM2.00%$15M816.1K
5AMHAMERICAN HOMES 4 RENThistory →CL A2.00%$15M610.0K
6HEALTHCARE TR AMER INCCL A NEW1.92%$14M519.7K
7AATAMERICAN ASSETS TR INChistory →COM1.85%$14M292.0K
8PARAMOUNT GROUP INCCOM1.80%$13M953.1K
9AREALEXANDRIA REAL ESTATE EQ INhistory →COM1.70%$13M89.6K
10QQQINVESCO QQQ TRhistory →UNIT SER 11.52%$11M60.5K
11MYLAN N VSHS EURO1.46%$11M570.0K
12LIBERTY PPTY TRSH BEN INT1.35%$10M200.5K
13ABBVABBVIE INChistory →COM1.29%$10M131.5K
14LPLALPL FINL HLDGS INChistory →COM1.22%$9M111.3K
15CICIGNA CORP NEWhistory →COM1.19%$9M56.0K
16SHOSUNSTONE HOTEL INVS INC NEWhistory →COM1.16%$9M629.7K
17ETRAE TRADE FINANCIAL CORPhistory →COM NEW1.12%$8M186.5K
18HUDSON PAC PPTYS INCCOM1.06%$8M237.3K
19TRTXTPG RE FIN TR INCCOM0.97%$7M374.3K
20SYFSYNCHRONY FINLCOM0.92%$7M196.0K
21CIT GROUP INCCOM NEW0.84%$6M118.6K
22PFGPRINCIPAL FINL GROUP INCCOM0.82%$6M105.2K
23SPIRIT RLTY CAP INC NEWCOM NEW0.77%$6M133.8K
24CAHCARDINAL HEALTH INCCOM0.70%$5M110.0K
25REGREGENCY CTRS CORPCOM0.68%$5M75.3K
26GSGOLDMAN SACHS GROUP INCCOM0.65%$5M23.7K
27METMETLIFE INCCOM0.56%$4M84.3K
28AXSAXIS CAPITAL HOLDINGS LTDSHS0.54%$4M67.8K
29ACGLARCH CAP GROUP LTDORD0.54%$4M108.0K
30JBGSJBG SMITH PPTYSCOM0.53%$4M100.6K
31LULULULULEMON ATHLETICA INCCOM0.52%$4M21.5K
32NAVINAVIENT CORPORATIONCOM0.52%$4M283.4K
33EVREVERCORE INCCLASS A0.48%$4M40.1K
34BMYBRISTOL MYERS SQUIBB COCOM0.47%$3M77.0K
35ALLERGAN PLCSHS0.45%$3M20.0K
36CVSCVS HEALTH CORPCOM0.41%$3M56.5K
37CNCCENTENE CORP DELCOM0.36%$3M50.5K
38DVADAVITA INCCOM0.32%$2M42.5K
39WRIWEINGARTEN RLTY INVSSH BEN INT0.32%$2M86.6K
40ISHARES TRIBOXX HI YD ETF0.29%$2M25.0K
41USBUS BANCORP DELCOM NEW0.27%$2M38.3K
42AJGGALLAGHER ARTHUR J & COCOM0.27%$2M22.9K
43EVHEVOLENT HEALTH INCCL A0.27%$2M247.5K
44CFGCITIZENS FINL GROUP INCCOM0.27%$2M55.6K
45COFCAPITAL ONE FINL CORPCOM0.26%$2M21.3K
46PNCPNC FINL SVCS GROUP INCCOM0.26%$2M14.0K
47MALLINCKRODT PUB LTD COSHS0.25%$2M200.0K
48TIVITY HEALTH INCCOM0.21%$2M96.5K
49AIZASSURANT INCCOM0.21%$2M14.7K
50FITBFIFTH THIRD BANCORPCOM0.21%$2M55.0K
51AMAGAMAG PHARMACEUTICALS INCCOM0.20%$1M145.0K
52MARATHON OIL CORPCOM0.19%$1M100.0K
53HCMHUTCHISON CHINA MEDITECH LTDSPONSORED ADR0.19%$1M63.4K
54WPCW P CAREY INCCOM0.19%$1M17.0K
55ALKSALKERMES PLCSHS0.19%$1M61.0K
56LYFTLYFT INCCL A COM0.18%$1M20.0K
57GILDGILEAD SCIENCES INCCOM0.16%$1M18.0K
58ZIONZIONS BANCORPORATION N ACOM0.15%$1M23.7K
59UTHRUNITED THERAPEUTICS CORP DELCOM0.14%$1M13.0K
60WFCWELLS FARGO CO NEWCOM0.14%$1M21.3K
61RFREGIONS FINL CORP NEWCOM0.13%$969,00064.9K
62CHANGE HEALTHCARE INCCOM0.13%$949,00065.0K
63CELGCELGENE CORPCOM0.13%$948,00010.3K
64ARAYACCURAY INCCOM0.11%$832,000215.0K
65INTERXION HOLDING N.VSHS0.10%$761,00010.0K
66GOGROCERY OUTLET HLDG CORPCOM0.09%$658,00020.0K
67MEDICINES COCOM0.09%$638,00017.5K
68MYGNMYRIAD GENETICS INCCOM0.08%$611,00022.0K
69INTRICON CORPCOM0.08%$572,00024.5K
70NUVECTRA CORPCOM0.07%$511,000152.5K
71MDMEDNAX INCCOM0.07%$505,00020.0K
72REALTHE REALREAL INCCOM0.06%$482,00016.7K
73PDL BIOPHARMA INCCOM0.06%$471,000150.0K
74CMCSACOMCAST CORP NEWCL A0.06%$471,00011.1K
75PBYIPUMA BIOTECHNOLOGY INCCOM0.05%$407,00032.0K
76RDNRADIAN GROUP INCCOM0.05%$378,00016.5K
77CXWCORECIVIC INCCOM0.05%$343,00016.5K
78NATUS MEDICAL INC DELCOM0.04%$334,00013.0K
79CARE COM INCCOM0.04%$329,00030.0K
80EOLSEVOLUS INCCOM0.04%$263,00018.0K
81VITAMIN SHOPPE INCCOM0.03%$236,00060.0K
82MDRXALLSCRIPTS HEALTHCARE SOLUTNCOM0.03%$204,00017.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$46M3May 15, 2026RESTATEMENTchanges · EDGAR ↗
Q4 2025$53M3Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$58M3Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$63M3Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$63M3May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B705Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.9B514Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.3B159Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B157May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$1.2B157Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$858M143Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$958M148Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$842M157May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$682M165Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$740M201Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$766M221Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$834M256May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B227Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B236Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.2B177Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$788M98May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$943M141Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$678M91Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$546M160Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$347M32May 13, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$772M41Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$621M79Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$743M82Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$461M3May 15, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Oribel Capital Management, LP028-17769

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.