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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 | |
|---|---|---|---|---|---|---|
126
ServiceNow
NOW
$115B
| – | – |
-7,775
| Closed | -$856K |
|
127
ON Semiconductor
ON
$31.8B
| – | – |
-20,000
| Closed | -$655K |
|
128
PUT
Oracle
ORCL
$374B
| – | – |
-17,500
| Closed | -$1.13M |
|
129
PUT
Outfront Media
OUT
$5.61B
| – | – |
-30,479
| Closed | -$587K |
|
130
Prudential Financial
PRU
$42.4B
| – | – |
-31,260
| Closed | -$2.44M |
|
|
131
Qualcomm
QCOM
$155B
| – | – |
-230,150
| Closed | -$35.1M |
|
132
Qorvo
QRVO
$7.99B
| – | – |
-20,453
| Closed | -$3.4M |
|
133
Rexford Industrial Realty
REXR
$8.42B
| – | – |
-109,353
| Closed | -$5.37M |
|
134
Ross Stores
ROST
$80.5B
| – | – |
-141,000
| Closed | -$17.3M |
|
135
Selective Insurance
SIGI
$5.65B
| – | – |
-7,689
| Closed | -$515K |
|
136
STAG Industrial
STAG
$7.38B
| – | – |
-166,412
| Closed | -$5.21M |
|
137
PUT
AT&T
T
$159B
| – | – |
-92,680
| Closed | -$2.01M |
|
138
Molson Coors Class B
TAP
$7.79B
| – | – |
-300,000
| Closed | -$13.6M |
|
139
Telos
TLS
$332M
| – | – |
-36,040
| Closed | -$1.19M |
|
140
PUT
Uber
UBER
$143B
| – | – |
-5,000
| Closed | -$255K |
|
|
141
UnitedHealth
UNH
$376B
| – | – |
-100,000
| Closed | -$35.1M |
|
142
Vulcan Materials
VMC
$34.8B
| – | – |
-23,500
| Closed | -$3.48M |
|
143
PUT
Vanguard Real Estate ETF
VNQ
$39.2B
| – | – |
-50,000
| Closed | -$4.25M |
|
144
Verisk Analytics
VRSK
$25.4B
| – | – |
-69,000
| Closed | -$14.3M |
|
145
Verizon
VZ
$195B
| – | – |
-28,000
| Closed | -$1.65M |
|
|
146
PUT
Verizon
VZ
$195B
| – | – |
-10,000
| Closed | -$588K |
|
147
Warner Bros
WBD
$65.9B
| – | – |
-56,500
| Closed | -$2.82M |
|
148
Wolfspeed
WOLF
$1.23B
| – | – |
-48,000
| Closed | -$5.08M |
|
149
Worthington Enterprises
WOR
$2.77B
| – | – |
-127,825
| Closed | -$4.05M |
|
|
BWIN
150
Baldwin Insurance Group
BWIN
$2.7B
| – | – |
-34,225
| Closed | -$1.03M |
|
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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.