SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Crestline Management, L.P.

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

Reported Value
$766M
Q2 2022
Positions
221
Filings on Record
31
2019–present window
Filed
Aug 12, 2022
original filing

Summary

Crestline Management, L.P. reported $766M in U.S.-listed holdings across 221 positions for Q2 2022.

The portfolio is heavily concentrated: DNLI alone accounts for 28.6% of reported value.

Compared with Q1 2022, the fund opened 89 new positions and exited 123.

Portfolio Metrics

Turnover
+34.3%
vs prior filed quarter
Top-10 Concentration
+43.1%
share of reported value
Largest Position
+28.6%
Denali Therapeutics
New / Exited
89 / 123
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: 92.5%Other: 4.2%ETP: 2.7%MLP: 0.5%ADR: 0.2%
  • Common Stock · 92.5% · $709M
  • Other · 4.2% · $32M
  • ETP · 2.7% · $21M
  • MLP · 0.5% · $3M
  • ADR · 0.2% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZIONZIONS BANCORPORATION N ANEW+250.0K250.0K+$13M$13M
VYXNCR CORP NEWNEW+275.0K275.0K+$9M$9M
CFRCULLEN FROST BANKERS INCNEW+61.0K61.0K+$7M$7M
ESABESAB CORPORATIONNEW+150.0K150.0K+$7M$7M
SLQDISHARES TRNEW+116.0K116.0K+$6M$6M
RRXREGAL REXNORD CORPORATIONNEW+49.3K49.3K+$6M$6M
CMECME GROUP INCNEW+27.0K27.0K+$6M$6M
CFGCITIZENS FINL GROUP INCNEW+150.0K150.0K+$5M$5M

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

Holdings — Q2 2022

219 positions (from 220 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DNLIDENALI THERAPEUTICS INChistory →COM28.65%$220M7.46M
2SANASANA BIOTECHNOLOGY INChistory →COM2.82%$22M3.37M
3AEROJET ROCKETDYNE HLDGS INCCOM1.79%$14M337.6K
4ASTLALGOMA STL GROUP INChistory →COM1.77%$14M1.51M
5ZIONZIONS BANCORPORATION N Ahistory →COM1.66%$13M250.0K
6MTBM & T BK CORPhistory →COM1.31%$10M63.0K
7AONAON PLChistory →SHS CL A1.30%$10M37.0K
8BACBK OF AMERICA CORPhistory →COM1.30%$10M320.0K
9AVGOBROADCOM INChistory →COM1.29%$10M20.3K
10VOYAVOYA FINANCIAL INChistory →COM1.24%$10M160.0K
11TRVTRAVELERS COMPANIES INChistory →COM1.21%$9M55.0K
12WFCWELLS FARGO CO NEWhistory →COM1.21%$9M236.9K
13ALLALLSTATE CORPhistory →COM1.16%$9M70.0K
14VYXNCR CORP NEWhistory →COM1.12%$9M275.0K
15CMACOMERICA INChistory →COM1.10%$8M115.0K
16RGLDROYAL GOLD INChistory →COM1.08%$8M77.4K
17UNIVAR SOLUTIONS INCCOM1.08%$8M332.0K
18BLDRBUILDERS FIRSTSOURCE INCCOM0.99%$8M141.4K
19GOOGLALPHABET INCCAP STK CL A0.98%$7M3.4K
20XPOXPO LOGISTICS INCCOM0.97%$7M153.6K
21FNVFRANCO NEV CORPCOM0.96%$7M55.9K
22MIRMIRION TECHNOLOGIES INCCOM CL A0.94%$7M1.25M
23CFRCULLEN FROST BANKERS INCCOM0.93%$7M61.0K
24SAHSONIC AUTOMOTIVE INCCL A0.90%$7M187.5K
25ADIANALOG DEVICES INCCOM0.87%$7M45.9K
26ESABESAB CORPORATIONCOM0.86%$7M150.0K
27AMDADVANCED MICRO DEVICES INCCOM0.85%$7M85.5K
28AXPAMERICAN EXPRESS COCOM0.83%$6M46.0K
29GPKGRAPHIC PACKAGING HLDG COCOM0.80%$6M300.0K
30SLQDISHARES TR0-5YR INVT GR CP0.73%$6M116.0K
31RRXREGAL REXNORD CORPORATIONCOM0.73%$6M49.3K
32CMECME GROUP INCCOM0.72%$6M27.0K
33WCCWESCO INTL INCCOM0.70%$5M50.0K
34CFGCITIZENS FINL GROUP INCCOM0.70%$5M150.0K
35XLISELECT SECTOR SPDR TRSBI INT-INDS · ENERGY0.69%$5M62.9K
36EGHT8X8 INC NEWCOM0.68%$5M1.02M
37AEMAGNICO EAGLE MINES LTDCOM0.67%$5M111.4K
38CADECADENCE BANKCOM0.66%$5M215.0K
39RSRELIANCE STEEL & ALUMINUM COCOM0.63%$5M28.5K
40DDDUPONT DE NEMOURS INCCOM0.61%$5M83.8K
41CMCCOMMERCIAL METALS COCOM0.60%$5M139.8K
42BROBROWN & BROWN INCCOM0.57%$4M75.0K
43CCKCROWN HLDGS INCCOM0.56%$4M46.8K
44AFGAMERICAN FINL GROUP INC OHIOCOM0.54%$4M30.0K
45SPBSPECTRUM BRANDS HLDGS INC NECOM0.53%$4M49.9K
46KLACKLA CORPCOM NEW0.53%$4M12.8K
47EWBCEAST WEST BANCORP INCCOM0.52%$4M62.0K
48CCJCAMECO CORPCOM0.51%$4M187.2K
49VCSHVANGUARD SCOTTSDALE FDSSHRT TRM CORP BD0.51%$4M51.4K
50NTRNUTRIEN LTDCOM0.51%$4M48.9K
51FNBF N B CORPCOM0.50%$4M350.0K
52DGDOLLAR GEN CORP NEWCOM0.48%$4M15.0K
53WTWWILLIS TOWERS WATSON PLC LTDSHS0.46%$4M18.0K
54ARLPALLIANCE RESOURCE PARTNERS LUT LTD PART0.46%$3M191.8K
55KEXKIRBY CORPCOM0.44%$3M55.0K
56AFLAFLAC INCCOM0.43%$3M60.0K
57RJFRAYMOND JAMES FINL INCCOM0.41%$3M35.0K
58MUMICRON TECHNOLOGY INCCOM0.40%$3M54.8K
59QQQINVESCO QQQ TRUNIT SER 10.39%$3M10.7K
60MTSIMACOM TECH SOLUTIONS HLDGS ICOM0.38%$3M63.5K
61ONBOLD NATL BANCORP INDCOM0.38%$3M195.0K
62MCHPMICROCHIP TECHNOLOGY INC.COM0.38%$3M49.5K
63MAMASTERCARD INCORPORATEDCL A0.37%$3M9.0K
64HUBSHUBSPOT INCCOM0.36%$3M9.2K
65ORCLORACLE CORPCOM0.36%$3M39.5K
66CLASS ACCELERATION CORPCOM0.35%$3M275.0K
67HHYATT HOTELS CORPCOM CL A0.35%$3M36.5K
68GTMZOOMINFO TECHNOLOGIES INCCOMMON STOCK0.35%$3M80.2K
69ZSZSCALER INCCOM0.35%$3M17.8K
70MDBMONGODB INCCL A0.34%$3M10.0K
71TERTERADYNE INCCOM0.34%$3M28.7K
72MAQCMAQUIA CAPITAL ACQUISITION CCLASS A COM0.33%$3M250.0K
73ELLAUDER ESTEE COS INCCL A0.33%$3M10.0K
74SPSBSPDR SER TRPORTFOLIO SHORT0.31%$2M80.0K
75SBUXSTARBUCKS CORPCOM0.30%$2M30.5K
76NOWSERVICENOW INCCOM0.30%$2M4.9K
77RMBSRAMBUS INC DELCOM0.30%$2M106.8K
78CMGCHIPOTLE MEXICAN GRILL INCCOM0.30%$2M1.8K
79DECKDECKERS OUTDOOR CORPCOM0.29%$2M8.8K
80AMZNAMAZON COM INCCOM0.28%$2M20.5K
81HLTHILTON WORLDWIDE HLDGS INCCOM0.26%$2M18.0K
82YUMYUM BRANDS INCCOM0.26%$2M17.5K
83DTDYNATRACE INCCOM NEW0.26%$2M49.7K
84CGAUCENTERRA GOLD INCCOM0.26%$2M289.0K
85BIIBBIOGEN INCCOM0.26%$2M9.6K
86OKTAOKTA INCCL A0.24%$2M20.5K
87CONSOL ENERGY INC NEWCOM0.24%$2M37.1K
88BILLBILL COM HLDGS INCCOM0.23%$2M16.0K
89TSCOTRACTOR SUPPLY COCOM0.23%$2M9.0K
90DDOGDATADOG INCCL A COM0.23%$2M18.2K
91TWTRADEWEB MKTS INCCL A0.22%$2M25.0K
92RRRRED ROCK RESORTS INCCL A0.22%$2M50.0K
93DAYCERIDIAN HCM HLDG INCCOM0.22%$2M35.3K
94UTHRUNITED THERAPEUTICS CORP DELCOM0.22%$2M7.1K
95IBKRINTERACTIVE BROKERS GROUP INCOM CL A0.21%$2M29.9K
96FIVNFIVE9 INCCOM0.21%$2M18.0K
97LNCLINCOLN NATL CORP INDCOM0.21%$2M35.0K
98GPREGREEN PLAINS INCCOM0.21%$2M58.6K
99CRUSCIRRUS LOGIC INCCOM0.20%$2M21.6K
100PANWPALO ALTO NETWORKS INCCOM0.20%$2M3.1K

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 ↗.