SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Crescent Park Management, L.P.

CIK 0001629984 · 1950 UNIVERSITY AVENUE, SUITE 204, EAST PALO ALTO, CA, 94303 · 650-285-4300

Reported Value
$249M
Q3 2025
Positions
35
Filings on Record
30
2019–present window
Filed
Nov 12, 2025
original filing

Summary

Crescent Park Management, L.P. reported $249M in U.S.-listed holdings across 35 positions for Q3 2025.

Its largest position, AVGO, represents 16.9% of the portfolio.

Compared with Q2 2025, the fund opened 5 new positions and exited 5.

Portfolio Metrics

Turnover
+9.7%
vs prior filed quarter
Top-10 Concentration
+67.7%
share of reported value
Largest Position
+16.9%
Broadcom
New / Exited
5 / 5
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
Q4 ’18: $338MQ4 ’18Q1 ’19: $570MQ2 ’19: $550MQ3 ’19: $485MQ4 ’19: $557MQ4 ’19Q1 ’20: $410MQ2 ’20: $485MQ3 ’20: $596MQ4 ’20: $685MQ4 ’20Q1 ’21: $591MQ2 ’21: $675MQ3 ’21: $680MQ4 ’21: $614MQ4 ’21Q1 ’22: $618MQ2 ’22: $467MQ3 ’22: $419MQ4 ’22: $315MQ4 ’22Q1 ’23: $306MQ2 ’23: $342MQ3 ’23: $426MQ4 ’23: $462MQ4 ’23Q1 ’24: $257MQ2 ’24: $215MQ3 ’24: $251MQ4 ’24: $261MQ4 ’24Q1 ’25: $215MQ2 ’25: $260MQ3 ’25: $249MQ4 ’25: $164MQ4 ’25Q1 ’26: $29Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.8%REIT: 4.7%ADR: 1.5%ETP: 1.0%
  • Common Stock · 92.8% · $231M
  • REIT · 4.7% · $12M
  • ADR · 1.5% · $4M
  • ETP · 1.0% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CMGCHIPOTLE MEXICAN GRILL INCNEW+150.8K150.8K+$6M$6M
FNFABRINETNEW+13.3K13.3K+$5M$5M
PSKYPARAMOUNT SKYDANCE CORPNEW+146.6K146.6K+$3M$3M
BLDRBUILDERS FIRSTSOURCE INCNEW+17.4K17.4K+$2M$2M
LCIDLUCID GROUP INCNEW+35.5K35.5K+$845,021$845,021
BLNDBLEND LABS INCADDED+62.9K75.7K+$234,087$276,327
OUSTOUSTER INCSOLD OUT−136.2K0−$3M$0
CCOICOGENT COMMUNICATIONS HLDGSSOLD OUT−62.4K0−$3M$0

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

Holdings — Q3 2025

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AVGOBROADCOM INChistory →COM16.92%$42M127.8K
2WIXWIX COM LTDhistory →SHS7.92%$20M111.0K
3AMZNAMAZON COM INChistory →COM6.35%$16M72.0K
4KKRKKR & CO INChistory →COM6.24%$16M119.5K
5DASHDOORDASH INChistory →CL A6.02%$15M55.1K
6PCORPROCORE TECHNOLOGIES INChistory →COM5.86%$15M200.3K
7CCCCCC INTELLIGENT SOLUTIONS HLhistory →COM5.75%$14M1.57M
8SBACSBA COMMUNICATIONS CORP NEWhistory →CL A4.71%$12M60.7K
9WDAYWORKDAY INChistory →CL A4.11%$10M42.6K
10NABLN-ABLE INChistory →COMMON STOCK3.81%$9M1.22M
11GTMZOOMINFO TECHNOLOGIES INChistory →COMMON STOCK3.30%$8M752.6K
12GDDYGODADDY INChistory →CL A2.88%$7M52.4K
13DBRGDIGITALBRIDGE GROUP INChistory →CL A NEW2.65%$7M564.9K
14CMGCHIPOTLE MEXICAN GRILL INChistory →COM2.37%$6M150.8K
15CLBTCELLEBRITE DI LTDhistory →ORDINARY SHARES2.35%$6M316.4K
16NVDANVIDIA CORPORATIONhistory →COM2.02%$5M27.0K
17VVVVALVOLINE INChistory →COM1.66%$4M115.1K
18TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.46%$4M13.0K
19BJBJS WHSL CLUB HLDGS INChistory →COM1.38%$3M36.9K
20APOAPOLLO GLOBAL MGMT INChistory →COM1.33%$3M24.8K
21SPYSPDR S&P 500 ETF TRhistory →TR UNIT1.04%$3M3.9K
22BLDRBUILDERS FIRSTSOURCE INCCOM0.84%$2M17.4K
23BLNDBLEND LABS INCCL A0.11%$276,32775.7K
24BLNKBLINK CHARGING COCOM0.00%$656400

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$29M7May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$164M30Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$249M35Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$260M34Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$215M37May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$261M34Feb 12, 202513F-HRchanges · EDGAR ↗
Q3 2024$251M34Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$215M28Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$257M29May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$462M34Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$426M33Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$342M27Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$306M24May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$315M22Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$419M33Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$467M37Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$618M39May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$614M38Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$680M40Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$675M33Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$591M31May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$685M27Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$596M25Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$485M27Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$410M26May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$557M25Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$485M21Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$550M25Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$570M24May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$338M15Feb 13, 201913F-HRchanges · EDGAR ↗

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 ↗.