SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Crestline Management, L.P.

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

Reported Value
$740M
Q3 2022
Positions
201
Filings on Record
31
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Crestline Management, L.P. reported $740M in U.S.-listed holdings across 201 positions for Q3 2022.

The portfolio is heavily concentrated: DNLI alone accounts for 29.7% of reported value.

Compared with Q2 2022, the fund opened 89 new positions and exited 109.

Portfolio Metrics

Turnover
+30.7%
vs prior filed quarter
Top-10 Concentration
+45.1%
share of reported value
Largest Position
+29.7%
Denali Therapeutics
New / Exited
89 / 109
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: 89.9%Other: 6.1%ETP: 2.4%ADR: 1.6%REIT: 0.0%
  • Common Stock · 89.9% · $665M
  • Other · 6.1% · $45M
  • ETP · 2.4% · $18M
  • ADR · 1.6% · $12M
  • REIT · 0.0% · $254,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
USBUS BANCORP DELNEW+345.0K345.0K+$14M$14M
MRSHMARSH & MCLENNAN COS INCNEW+60.0K60.0K+$9M$9M
M3 BRIGADE ACQUISITION II CONEW+750.0K750.0K+$7M$7M
GSGOLDMAN SACHS GROUP INCNEW+25.0K25.0K+$7M$7M
WBSWEBSTER FINL CORPNEW+156.0K156.0K+$7M$7M
CONTINENTAL RES INCNEW+100.0K100.0K+$7M$7M
APGAPI GROUP CORPNEW+483.8K483.8K+$6M$6M
METMETLIFE INCNEW+100.0K100.0K+$6M$6M

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

Holdings — Q3 2022

199 positions (from 200 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1DNLIDENALI THERAPEUTICS INChistory →COM29.71%$220M7.16M
2SANASANA BIOTECHNOLOGY INChistory →COM2.73%$20M3.37M
3ZIONZIONS BANCORPORATION N Ahistory →COM1.99%$15M290.0K
4ALLALLSTATE CORPhistory →COM1.94%$14M115.0K
5USBUS BANCORP DELhistory →COM NEW1.88%$14M345.0K
6AEROJET ROCKETDYNE HLDGS INCCOM1.51%$11M279.5K
7CMACOMERICA INChistory →COM1.44%$11M150.0K
8WFCWELLS FARGO CO NEWhistory →COM1.41%$10M259.3K
9VYXNCR CORP NEWhistory →COM1.30%$10M504.5K
10MRSHMARSH & MCLENNAN COS INChistory →COM1.21%$9M60.0K
11MIRMIRION TECHNOLOGIES INChistory →COM CL A1.13%$8M1.12M
12CFGCITIZENS FINL GROUP INChistory →COM1.11%$8M240.0K
13AVGOBROADCOM INChistory →COM1.11%$8M18.4K
14XPOXPO LOGISTICS INChistory →COM1.09%$8M181.0K
15AONAON PLChistory →SHS CL A1.09%$8M30.0K
16M3 BRIGADE ACQUISITION II COCOM CL A0.99%$7M750.0K
17GSGOLDMAN SACHS GROUP INCCOM0.99%$7M25.0K
18WBSWEBSTER FINL CORPCOM0.95%$7M156.0K
19ESABESAB CORPORATIONCOM0.95%$7M210.0K
20UNIVAR SOLUTIONS INCCOM0.92%$7M300.0K
21RGLDROYAL GOLD INCCOM0.91%$7M72.0K
22CONTINENTAL RES INCCOM0.90%$7M100.0K
23APGAPI GROUP CORPCOM STK0.87%$6M483.8K
24WCCWESCO INTL INCCOM0.87%$6M53.7K
25METMETLIFE INCCOM0.82%$6M100.0K
26AEMAGNICO EAGLE MINES LTDCOM0.82%$6M142.9K
27CRBGCOREBRIDGE FINL INCCOM0.80%$6M300.0K
28TSTENARIS S ASPONSORED ADS0.79%$6M225.0K
29RSRELIANCE STEEL & ALUMINUM COCOM0.76%$6M32.3K
30BWXTBWX TECHNOLOGIES INCCOM0.75%$6M110.0K
31SLQDISHARES TR0-5YR INVT GR CP0.74%$5M116.0K
32ASTLALGOMA STL GROUP INCCOM0.74%$5M844.3K
33MTBM & T BK CORPCOM0.72%$5M30.0K
34FNVFRANCO NEV CORPCOM0.70%$5M43.2K
35ACAARCOSA INCCOM0.70%$5M90.0K
36AMDADVANCED MICRO DEVICES INCCOM0.69%$5M80.8K
37MRVLMARVELL TECHNOLOGY INCCOM0.68%$5M117.0K
38RRXREGAL REXNORD CORPORATIONCOM0.66%$5M35.0K
39RIORIO TINTO PLCSPONSORED ADR0.66%$5M89.0K
40TENNECO INCCL A VTG COM STK0.66%$5M281.8K
41SMHVANECK ETF TRUSTSEMICONDUCTR ETF0.65%$5M26.0K
42GPKGRAPHIC PACKAGING HLDG COCOM0.65%$5M242.6K
43AIGAMERICAN INTL GROUP INCCOM NEW0.64%$5M100.0K
44EWBCEAST WEST BANCORP INCCOM0.64%$5M70.0K
45ASBASSOCIATED BANC CORPCOM0.61%$5M225.0K
46CFRCULLEN FROST BANKERS INCCOM0.59%$4M33.0K
47GOOGLALPHABET INCCAP STK CL A0.55%$4M42.6K
48WTFCWINTRUST FINL CORPCOM0.55%$4M50.0K
49RMBSRAMBUS INC DELCOM0.54%$4M157.3K
50MTSIMACOM TECH SOLUTIONS HLDGS ICOM0.53%$4M75.2K
51MDBMONGODB INCCL A0.52%$4M19.3K
52VCSHVANGUARD SCOTTSDALE FDSSHRT TRM CORP BD0.52%$4M51.4K
53DISCOVER FINL SVCSCOM0.49%$4M40.0K
54CONSOL ENERGY INC NEWCOM0.48%$4M54.9K
55CBOECBOE GLOBAL MKTS INCCOM0.48%$4M30.0K
56NTRNUTRIEN LTDCOM0.45%$3M39.9K
57SLGNSILGAN HOLDINGS INCCOM0.44%$3M78.0K
58FRCBFIRST REP BK SAN FRANCISCO CCOM0.42%$3M24.0K
59SPBSPECTRUM BRANDS HLDGS INC NECOM0.42%$3M80.0K
60MLMMARTIN MARIETTA MATLS INCCOM0.42%$3M9.6K
61VOYAVOYA FINANCIAL INCCOM0.41%$3M50.0K
62BROBROWN & BROWN INCCOM0.41%$3M50.0K
63CRWDCROWDSTRIKE HLDGS INCCL A0.38%$3M17.2K
64ADIANALOG DEVICES INCCOM0.37%$3M19.9K
65WDAYWORKDAY INCCL A0.37%$3M18.0K
66MCHPMICROCHIP TECHNOLOGY INC.COM0.37%$3M44.5K
67CLASS ACCELERATION CORPCOM0.37%$3M275.0K
68RSPINVESCO EXCHANGE TRADED FD TS&P500 EQL WGT0.36%$3M21.0K
69MAQCMAQUIA CAPITAL ACQUISITION CCLASS A COM0.35%$3M250.0K
70BILLBILL COM HLDGS INCCOM0.35%$3M19.5K
71UTHRUNITED THERAPEUTICS CORP DELCOM0.34%$3M12.2K
72DDOGDATADOG INCCL A COM0.34%$3M28.6K
73GTLBGITLAB INCCLASS A COM0.34%$3M49.5K
74PACWEST BANCORP DELCOM0.34%$2M110.0K
75ADBEADOBE SYSTEMS INCORPORATEDCOM0.33%$2M8.9K
76DAYCERIDIAN HCM HLDG INCCOM0.33%$2M43.2K
77ALTERYX INCCOM CL A0.32%$2M42.5K
78GTMZOOMINFO TECHNOLOGIES INCCOMMON STOCK0.32%$2M56.5K
79ONON SEMICONDUCTOR CORPCOM0.30%$2M36.0K
80LPLALPL FINL HLDGS INCCOM0.30%$2M10.0K
81KEXKIRBY CORPCOM0.29%$2M35.0K
82ARCONIC CORPORATIONCOM0.29%$2M124.0K
83ZSZSCALER INCCOM0.28%$2M12.5K
84SSENTINELONE INCCL A0.27%$2M79.2K
85RPDRAPID7 INCCOM0.27%$2M47.0K
86PAYCPAYCOM SOFTWARE INCCOM0.26%$2M5.9K
87ICEINTERCONTINENTAL EXCHANGE INCOM0.24%$2M20.0K
88HUBSHUBSPOT INCCOM0.24%$2M6.6K
89SWKSSKYWORKS SOLUTIONS INCCOM0.23%$2M20.0K
90FLAME ACQUISITION CORPCOM CL A0.22%$2M165.0K
91TCW SPECIAL PURPOSE ACQU CORCOM CL A0.21%$2M158.0K
92SNDXSYNDAX PHARMACEUTICALS INCCOM0.21%$2M63.6K
93SYFSYNCHRONY FINANCIALCOM0.19%$1M50.0K
94MASON INDUSTRIAL TECHNOLGY ICOM CL A0.18%$1M136.5K
95ACROPOLIS INFRASTRUCTURE ACQCL A0.18%$1M135.0K
96VECOVEECO INSTRS INC DELCOM0.17%$1M70.2K
97MUMICRON TECHNOLOGY INCCOM0.17%$1M25.0K
98VALEVALE S ASPONSORED ADS0.17%$1M93.1K
99FLDFTAC EMERALD ACQUISITION CORCLASS A COM0.17%$1M125.0K
100KHOSLA VENTURES ACQUISITIONCL A0.16%$1M120.0K

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 ↗.