Crescent Park Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Redwire
RDW
|
+$24.9M |
| 2 |
Caesars Entertainment
CZR
|
+$10.2M |
| 3 |
LEGAU
Lead Edge Growth Opportunities, Ltd Units
LEGAU
|
+$9.95M |
| 4 |
Apollo Global Management
APO
|
+$7.54M |
| 5 |
Crown Holdings
CCK
|
+$4.79M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GNPK.U
Genesis Park Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of
GNPK.U
|
+$24.8M |
| 2 |
Chefs' Warehouse
CHEF
|
+$21.8M |
| 3 |
LPRO
Open Lending Corp
LPRO
|
+$16.5M |
| 4 |
Alibaba
BABA
|
+$13.2M |
| 5 |
EB
Eventbrite
EB
|
+$13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 25.6% |
| 2 | Financials | 23.79% |
| 3 | Communication Services | 17.03% |
| 4 | Technology | 16.87% |
| 5 | Industrials | 4.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Apollo Global Management
APO
$74.8B
| $7.28M | 1.23% |
+154,951
| New | +$7.54M |
|
27
Trip.com Group
TCOM
$29.8B
| $6.76M | 1.14% |
170,716
-88,972
| -34% | -$3.29M |
|
|
GNPK.WS
28
DELISTED
Genesis Park Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A o
GNPK.WS
| $2.62M | 0.44% |
+1,195,000
| New | +$2.18M |
|
29
SmartRent
SMRT
$199M
| $1M | 0.17% |
+100,009
| New | +$1.05M |
|
|
LMACU
30
DELISTED
Liberty Media Acquisition Corporation Unit
LMACU
| $428K | 0.07% |
+40,004
| New | +$488K |
|
31
Affirm
AFRM
$25.5B
| $424K | 0.07% |
+6,001
| New | +$583K |
|
32
Ball Corp
BALL
$17.4B
| – | – |
-80,630
| Closed | -$7.51M |
|
|
33
Chefs' Warehouse
CHEF
$4.58B
| – | – |
-846,683
| Closed | -$21.8M |
|
|
GNPK.U
34
DELISTED
Genesis Park Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of
GNPK.U
| – | – |
-2,390,000
| Closed | -$24.8M |
|
Similar funds
Crescent Park Management's Q1 2021 Portfolio in Review
As of Q1 2021, Crescent Park Management held 34 positions worth $591M, down 14% from $685M the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Crescent Park Management withdrew a net $102M in Q1 2021, closing 3 positions and reducing 20 holdings. Its most notable exit was Genesis Park Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of, an estimated $24.8M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 26% of assets, up from 23% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Crescent Park Management opened a new position in Redwire worth $25.1M.
- Crescent Park Management's largest Q1 2021 buy was Redwire: 2,390,000 shares worth $25.1M.
- Crescent Park Management added most to Caesars Entertainment in Q1 2021, an estimated $10.2M increase.
- Crescent Park Management's biggest Q1 2021 reduction was Open Lending Corp, cutting an estimated $16.5M.
- Crescent Park Management fully exited Genesis Park Acquisition Corp. Units, each consisting of one Class A ordinary share, and one-half of in Q1 2021, selling an estimated $24.8M.
- Crescent Park Management's ten largest holdings make up 65% of its $591M portfolio in Q1 2021.
- Crescent Park Management opened 7 new positions and closed 3 in Q1 2021.
- Crescent Park Management's portfolio value fell 14% quarter-over-quarter to $591M.
Based on Crescent Park Management's 13F filing for Q1 2021, filed 14 May 2021.