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Crestline Management Portfolio holdings
AUM
$46.3M
1-Year Est. Return
48.82%
This Fund
S&P 500
This Quarter
Est. Return
-19.92%
1 Year Est. Return
+48.82%
3 Year Est. Return
+52.52%
5 Year Est. Return
+37.91%
10 Year Est. Return
+316.44%
AUM
$788M
AUM Growth
-$156M
(-16%)
Cap. Flow
-$1.06B
Cap. Flow
% of AUM
-134.35%
Top 10 Holdings %
Top 10 Hldgs %
80.89%
Holding
183
New
45
Increased
18
Reduced
27
Closed
85
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$6.91M |
| 2 |
Vale
VALE
|
+$5.95M |
| 3 |
W.R. Berkley
WRB
|
+$5.25M |
| 4 |
Equitable Holdings
EQH
|
+$4.37M |
| 5 |
Lam Research
LRCX
|
+$4.09M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Denali Therapeutics
DNLI
|
+$634M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$40.6M |
| 3 |
UnitedHealth
UNH
|
+$35.1M |
| 4 |
Qualcomm
QCOM
|
+$35.1M |
| 5 |
Amazon
AMZN
|
+$34.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 72.44% |
| 2 | Financials | 6.85% |
| 3 | Technology | 5.83% |
| 4 | Materials | 4.33% |
| 5 | Communication Services | 2.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Brown & Brown
BRO
$23.6B
| – | – |
-54,476
| Closed | -$2.58M |
|
102
Charter Communications
CHTR
$17.3B
| – | – |
-650
| Closed | -$430K |
|
|
103
PUT
Charter Communications
CHTR
$17.3B
| – | – |
-500
| Closed | -$331K |
|
104
Commercial Metals
CMC
$7.6B
| – | – |
-50,000
| Closed | -$1.03M |
|
105
PUT
Comcast
CMCSA
$85B
| – | – |
-6,000
| Closed | -$314K |
|
106
ConocoPhillips
COP
$147B
| – | – |
-350,000
| Closed | -$14M |
|
107
Costco
COST
$422B
| – | – |
-60,000
| Closed | -$22.6M |
|
108
Douglas Emmett
DEI
$1.98B
| – | – |
-140,000
| Closed | -$4.08M |
|
109
Elevance Health
ELV
$81.5B
| – | – |
-50,000
| Closed | -$16.1M |
|
110
Essex Property Trust
ESS
$18.3B
| – | – |
-22,002
| Closed | -$5.22M |
|
111
Four Corners Property Trust
FCPT
$2.81B
| – | – |
-60,000
| Closed | -$1.79M |
|
|
FISV
112
PUT
Fiserv Inc
FISV
$28.8B
| – | – |
-6,500
| Closed | -$740K |
|
113
HubSpot
HUBS
$12.2B
| – | – |
-9,700
| Closed | -$3.85M |
|
114
Kemper
KMPR
$1.67B
| – | – |
-21,670
| Closed | -$1.67M |
|
115
Lyft
LYFT
$6.02B
| – | – |
-41,700
| Closed | -$2.05M |
|
116
CALL
Mastercard
MA
$506B
| – | – |
-1,600
| Closed | -$571K |
|
117
MetLife
MET
$61.9B
| – | – |
-90,970
| Closed | -$4.27M |
|
118
PUT
Meta Platforms (Facebook)
META
$1.42T
| – | – |
-1,500
| Closed | -$410K |
|
119
MKS Inc
MKSI
$20.1B
| – | – |
-11,028
| Closed | -$1.66M |
|
120
PUT
Microsoft
MSFT
$3.45T
| – | – |
-2,000
| Closed | -$445K |
|
121
Match Group
MTCH
$9.19B
| – | – |
-5,000
| Closed | -$756K |
|
|
122
PUT
Match Group
MTCH
$9.19B
| – | – |
-3,000
| Closed | -$454K |
|
123
NextEra Energy
NEE
$181B
| – | – |
-450,000
| Closed | -$34.7M |
|
124
Netflix
NFLX
$299B
| – | – |
-14,000
| Closed | -$757K |
|
|
125
PUT
Netflix
NFLX
$299B
| – | – |
-8,000
| Closed | -$433K |
|
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Crestline Management's Q1 2021 Portfolio in Review
As of Q1 2021, Crestline Management held 183 positions worth $788M, down 16% from $943M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Crestline Management withdrew a net $1.06B in Q1 2021, closing 85 positions and reducing 27 holdings. Its most notable exit was Berkshire Hathaway Class B, an estimated $40.6M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 72% of assets, up from 41% a quarter earlier, followed by Financials and Technology.
Against the trend, Crestline Management opened a new position in Vale worth $5.93M.
- Crestline Management's largest Q1 2021 buy was Vale: 341,000 shares worth $5.93M.
- Crestline Management added most to Alphabet (Google) Class A in Q1 2021, an estimated $6.91M increase.
- Crestline Management's biggest Q1 2021 reduction was Denali Therapeutics, cutting an estimated $634M.
- Crestline Management fully exited Berkshire Hathaway Class B in Q1 2021, selling an estimated $40.6M.
- Crestline Management's ten largest holdings make up 81% of its $788M portfolio in Q1 2021.
- Crestline Management opened 45 new positions and closed 85 in Q1 2021.
- Crestline Management's portfolio value fell 16% quarter-over-quarter to $788M.
Based on Crestline Management's 13F filing for Q1 2021, filed 14 May 2021.