Crescent Park Management, L.P. In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Crescent Park Management, L.P. reported 23 stock positions worth $199.4 million . Its top holding was Broadcom (AVGO) at 17.7% of the portfolio, followed by SBA Communications (SBAC, 7.8% ) and KKR (KKR, 7.3% ). Compared with Q4 2024, it opened 3 new positions, added to 14 and reduced 6. The biggest buy was CCC Intelligent Solutions Ho (CCC, shares +163% ) and the biggest sale Cellebrite Di (CLBT, shares −63% ).
Location LOS ALTOS, CA
CIK 0001629984
Portfolio Value $199.4M (Q1 2025) Holdings 23 stocks · $199.4M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2024 AVGO Broadcom Inc. 210,581 $35.3M Add +0.7% SBAC SBA Communications Corp. 71,043 $15.6M Add +3.9% KKR KKR & Co. Inc. 125,761 $14.5M Reduce -1.8% AMZN Amazon.com Inc. 76,032 $14.5M Add +2.2% CLBT Cellebrite Di Ltd. 683,411 $13.3M Reduce -63.3% PCOR Procore Technologies Inc. 189,256 $12.5M Add +2.1% WIX Wix.com Ltd. 76,405 $12.5M Add +3.4% CCC CCC Intelligent Solutions Ho 1,140,581 $10.3M Add +162.7% GDDY GoDaddy Inc. Class A 55,966 $10.1M Reduce -18.7% WDAY Workday Inc. Class A 42,230 $9.9M Add +6.2% DASH DoorDash Inc. Class A 53,098 $9.7M Add +1.8% NABL N-Able Inc. 1,300,489 $9.2M Add +37.2% GTM Zoominfo Technologies Inc. 725,177 $7.3M Add +20.8% DBRG Digitalbridge Group Inc. 541,538 $4.8M New CCOI Cogent Communications Holdin 77,140 $4.7M Reduce -7.6% APO Apollo Global Management Inc. 25,705 $3.5M Add +27.1% NVDA Nvidia Corp. 28,566 $3.1M Add +8.8% SPY SS SPDR S&P 500 ETF Trust-US 4,407 $2.5M Add +124.3% BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 19,559 $2.2M New TSM Taiwan Semiconductor-SP ADR 13,107 $2.2M Add +8.5% GWRE Guidewire Software Inc. 6,185 $1.2M Reduce -70.2% MRVL Marvell Technology Inc. 11,104 $684K Reduce -3.2% BLND Blend Labs Inc. Class A 12,800 $43K New
Options reported separately and not counted above: LUMN calls ($3.8M), FUBO calls ($1.6M), ECHO calls ($1.4M), ROKU calls ($1.3M), OUST calls ($1.2M), AUR calls ($1.1M), AEVA calls ($972K), RIVN calls ($854K), LCID calls ($739K), AMC calls ($727K), BLNK calls ($445K), CHPT calls ($389K), and 2 more.
Portfolio Sells Q4 2024 → Q1 2025 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▲ CLBT Cellebrite Di Ltd. Reduce -63.3% 6.66% −10.23 GWRE Guidewire Software Inc. Reduce -70.2% 0.58% −0.86 GDDY GoDaddy Inc. Class A Reduce -18.7% 5.05% −0.54 KKR KKR & Co. Inc. Reduce -1.8% 7.29% −0.50 CCOI Cogent Communications Holdin Reduce -7.6% 2.37% −0.28 MRVL Marvell Technology Inc. Reduce -3.2% 0.34% −0.18
Portfolio Buys Q4 2024 → Q1 2025 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2024 % Of Portfolio Change To Portfolio ▼ CCC CCC Intelligent Solutions Ho Add +162.7% 5.16% +3.07 DBRG Digitalbridge Group Inc. New 2.39% +2.39 SBAC SBA Communications Corp. Add +3.9% 7.84% +2.10 DASH DoorDash Inc. Class A Add +1.8% 4.87% +1.26 BJ Bj's Wholesale Club Holdings New 1.12% +1.12 GTM Zoominfo Technologies Inc. Add +20.8% 3.64% +1.04 NABL N-Able Inc. Add +37.2% 4.62% +0.98 SPY SS SPDR S&P 500 ETF Trust-US Add +124.3% 1.24% +0.76 WDAY Workday Inc. Class A Add +6.2% 4.94% +0.72 PCOR Procore Technologies Inc. Add +2.1% 6.26% +0.54 AMZN Amazon.com Inc. Add +2.2% 7.25% +0.53 APO Apollo Global Management Inc. Add +27.1% 1.76% +0.39 TSM Taiwan Semiconductor-SP ADR Add +8.5% 1.09% +0.11 NVDA Nvidia Corp. Add +8.8% 1.55% +0.10 BLND Blend Labs Inc. Class A New 0.02% +0.02 WIX Wix.com Ltd. Add +3.4% 6.26% −0.27 AVGO Broadcom Inc. Add +0.7% 17.68% −2.28
Options Activity Q4 2024 → Q1 2025 Security Type Change vs Q4 2024 Underlying Shares Value ▼ LUMN Lumen Technologies Inc. call Reduce -12.2% 981,100 $3.8M FUBO Fubotv Inc. call Add +34.5% 538,200 $1.6M ECHO Echostar Corp. Class A call Add +4.6% 54,900 $1.4M ROKU Roku Inc. call Add +0.6% 18,100 $1.3M OUST Ouster Inc. call Add +2.4% 136,200 $1.2M AUR Aurora Innovation Inc. call Reduce -47.8% 163,400 $1.1M AEVA Aeva Technologies Inc. call Add +4.2% 138,900 $972K RIVN Rivian Automotive Inc. Class A call Add +4.3% 68,600 $854K LCID Lucid Group Inc. call Add +1.8% 305,500 $739K AMC AMC Entertainment HLDS Class A call Add +67.7% 253,200 $727K BLNK Blink Charging Co. call Reduce -30.5% 485,000 $445K CHPT Chargepoint Holdings Inc. call Add +4.2% 642,300 $389K LAZRQ Luminar Technologies Inc. call Reduce -35.9% 71,600 $386K EVGO Evgo Inc. call Add +4.2% 96,900 $258K
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 11 $40.5M AVGO, AMZN, KKR, CCC, DASH Q1 2026 7 $29.0M AVGO, AMZN, KKR, DASH, TSM Q4 2025 18 $144.8M AVGO, KKR, AMZN, PCOR, WIX Q3 2025 24 $226.9M AVGO, WIX, AMZN, KKR, DASH Q2 2025 22 $235.7M AVGO, KKR, AMZN, CCC, WIX Q1 2025 23 $199.4M AVGO, SBAC, KKR, AMZN, CLBT Q4 2024 20 $242.9M AVGO, CLBT, KKR, AMZN, WIX Q3 2024 21 $228.8M AVGO, CLBT, KKR, SBAC, GDDY Q2 2024 18 $201.6M AVGO, GDDY, KKR, SBAC, INST Q1 2024 20 $232.0M AVGO, ICE, GDDY, KKR, LSXMK