Crestline Management, L.P.

Name: Crestline Management, L.P. 13F holdings, Q2 2024
Creator: Crestline Management, L.P.
Published: 2024-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q1 2024

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Crestline Management, L.P. reported 158 stock positions worth $1.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 14.4% of the portfolio, followed by Denali Therapeutics (DNLI, 8.7%) and Nvidia (NVDA, 2.2%). Compared with Q1 2024, it opened 46 new positions, sold out of 43, added to 62 and reduced 46. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale an exit from SS SPDR S&P 500 ETF Trust-US (SPY).

Most Recent 13F: Q2 2026
Location: FORT WORTH, TX
CIK: 0001536054
Portfolio Value: $1.3B (Q2 2024)
SEC Filing: 0001315863-24-000610 ↗ filed Aug 14, 2024

Holdings Value

Holdings 158 stocks · $1.3B


IVV iShares Core S&P 500 ETF	14.38%	335,000	$183.3M	New
DNLI Denali Therapeutics Inc.	8.67%	4,760,732	$110.5M	Reduce -8.6%
NVDA Nvidia Corp.	2.15%	222,000	$27.4M	Add +38.8%
IWM iShares Russell 2000 ETF	2.12%	133,000	$27.0M	New
AAPL Apple Inc.	1.88%	114,000	$24.0M	Add +570.6%
LW Lamb Weston Holdings Inc.	1.66%	251,414	$21.1M	Add +246.8%
TSM Taiwan Semiconductor-SP ADR	1.63%	119,251	$20.7M	Reduce -18.5%
SANA Sana Biotechnology Inc.	1.38%	3,225,624	$17.6M	Reduce -4.2%
KMB Kimberly-Clark Corp.	1.25%	115,067	$15.9M	Reduce -21.2%
AQN Algonquin Power & Utilities	1.24%	2,705,682	$15.9M	Add +56.5%
NI Nisource Inc.	1.22%	541,378	$15.6M	Reduce -27.3%
ASML ASML Holding NV-NY Reg SHS	1.19%	14,886	$15.2M	Reduce -42.5%
ACA Arcosa Inc.	1.18%	179,785	$15.0M	Add +14.7%
STNG Scorpio Tankers Inc.	1.08%	169,084	$13.7M	Add +22.4%
AA Alcoa Corp.	1.06%	341,101	$13.6M	New
VEEV Veeva Systems Inc. Class A	1.04%	72,113	$13.2M	New
MRCY Mercury Systems Inc.	1.01%	478,973	$12.9M	Add +75.9%
PPL PPL Corp.	1.01%	467,461	$12.9M	Reduce -17.4%
GLNG Golar LNG Ltd.	1.01%	410,000	$12.9M	Reduce -8.9%
PRGO Perrigo Co. PLC	1.01%	500,000	$12.8M	Add +92.3%
MEOH Methanex Corp.	0.92%	242,022	$11.7M	New
TAP Molson Coors Beverage Co. Class B	0.88%	220,521	$11.2M	New
EVRG Evergy Inc.	0.86%	205,911	$10.9M	Add +49.1%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC	0.84%	100,337	$10.7M	Add +125.0%
RGLD Royal Gold Inc.	0.82%	83,090	$10.4M	Add +213.3%
WDAY Workday Inc. Class A	0.81%	46,114	$10.3M	Add +13.6%
AVY Avery Dennison Corp.	0.80%	46,629	$10.2M	Reduce -6.0%
AEE Ameren Corporation	0.76%	136,131	$9.7M	Add +83.5%
ES Eversource Energy	0.75%	168,204	$9.5M	Add +104.1%
LNT Alliant Energy Corp.	0.74%	185,189	$9.4M	Add +31.4%
AER Aercap Holdings NV	0.73%	100,000	$9.3M	No change
CL Colgate-Palmolive Co.	0.73%	95,907	$9.3M	New
ADBE Adobe Inc.	0.73%	16,700	$9.3M	New
GT Goodyear Tire & Rubber Co.	0.71%	800,000	$9.1M	Add +27.0%
AGI Alamos Gold Inc. Class A	0.71%	576,113	$9.0M	Add +116.6%
TECK Teck Resources Ltd.-CLS B	0.70%	185,800	$8.9M	New
WDC Western Digital Corp.	0.69%	116,100	$8.8M	New
AEM Agnico Eagle Mines Ltd.	0.69%	134,036	$8.8M	Add +25.4%
MIR Mirion Technologies Inc.	0.68%	810,000	$8.7M	No change
NSC Norfolk Southern Corp.	0.67%	40,000	$8.6M	New
VECO Veeco Instruments Inc.	0.67%	183,738	$8.6M	Add +1.7%
CMS CMS Energy Corp.	0.66%	141,737	$8.4M	Add +14.1%
ARMK Aramark	0.65%	245,000	$8.3M	Add +13.4%
HRL Hormel Foods Corp.	0.64%	268,167	$8.2M	Add +66.7%
RCM R1 RCM Inc.	0.64%	650,000	$8.2M	New
TER Teradyne Inc.	0.64%	54,851	$8.1M	Add +246.0%
CENX Century Aluminum Company	0.63%	478,750	$8.0M	New
ETR Entergy Corp.	0.63%	74,926	$8.0M	Reduce -51.1%
MSCI MSCI Inc.	0.62%	16,442	$7.9M	Add +445.2%
NEE Nextera Energy Inc.	0.61%	110,060	$7.8M	Add +85.0%
OKTA Okta Inc.	0.61%	82,712	$7.7M	Add +427.8%
RMBS Rambus Inc.	0.60%	131,019	$7.7M	Reduce -20.9%
SIL Global X Silver Miners ETF	0.60%	243,861	$7.6M	Add +234.1%
META Meta Platforms Inc. Class A	0.59%	15,000	$7.6M	Add +76.5%
MNST Monster Beverage Corp.	0.58%	147,752	$7.4M	Add +45.4%
NTRA Natera Inc.	0.58%	68,125	$7.4M	Add +1.6%
SJM The JM Smucker Co. filed as SMUCKER J M CO	0.58%	67,282	$7.3M	Reduce -36.9%
INSW International Seaways Inc.	0.56%	121,302	$7.2M	Add +39.2%
CNP Centerpoint Energy Inc.	0.55%	224,265	$6.9M	Reduce -11.6%
VLTO Veralto Corp.	0.53%	71,000	$6.8M	Add +12.7%
HUBS HubSpot Inc.	0.52%	11,261	$6.6M	New
IGV iShares Expanded Tech-Softwa	0.51%	75,000	$6.5M	New
SMH Vaneck Semiconductor ETF	0.51%	25,000	$6.5M	New
CNI Canadian Natl Railway Co.	0.51%	54,700	$6.5M	New
MTSI Macom Technology Solutions H	0.50%	57,000	$6.4M	Add +38.6%
VYX NCR Voyix Corp.	0.49%	508,624	$6.3M	Add +12.0%
BUR Burford Capital Ltd.	0.47%	460,000	$6.0M	Add +43.8%
TTWO Take-Two Interactive Softwre	0.46%	37,493	$5.8M	Add +33.9%
DK Delek US Holdings Inc.	0.45%	230,000	$5.7M	Reduce -14.8%
FE Firstenergy Corp.	0.44%	147,642	$5.7M	Add +133.9%
SMTC Semtech Corp.	0.44%	186,287	$5.6M	Add +0.8%
GEF Greif Inc. Class A	0.43%	94,992	$5.5M	New
IP International Paper Co.	0.42%	125,000	$5.4M	New
ADSK Autodesk Inc.	0.41%	21,134	$5.2M	New
DOCU Docusign Inc.	0.41%	97,742	$5.2M	Add +158.8%
AMZN Amazon.com Inc.	0.41%	27,000	$5.2M	Reduce -12.7%
CBOE Cboe Global Markets Inc.	0.41%	30,568	$5.2M	Add +94.5%
PCG P G & E Corp.	0.41%	296,238	$5.2M	Reduce -71.2%
SIMO Silicon Motion Technol-ADR	0.40%	63,696	$5.2M	Reduce -20.4%
MSFT Microsoft Corp.	0.39%	11,253	$5.0M	Reduce -47.7%
MCO Moody's Corp.	0.39%	11,758	$4.9M	New
KBR KBR Inc.	0.38%	76,445	$4.9M	Add +36.1%
AMBP Ardagh Metal Packaging SA	0.37%	1,390,265	$4.7M	Reduce -18.7%
HPE Hewlett Packard Enterprise	0.37%	220,000	$4.7M	Add +29.4%
POR Portland General Electric Co.	0.36%	107,252	$4.6M	Add +49.1%
DD Dupont DE Nemours Inc.	0.36%	57,400	$4.6M	New
HSY The Hershey Co.	0.35%	24,372	$4.5M	Reduce -58.8%
PKG Packaging Corp. of America	0.35%	24,427	$4.5M	New
TSN Tyson Foods Inc. Class A	0.34%	76,700	$4.4M	New
CONSOL ENERGY INC	0.33%	41,500	$4.2M	Add +3.8%
PEGA Pegasystems Inc.	0.33%	69,850	$4.2M	Reduce -40.3%
GLOB Globant SA	0.33%	23,561	$4.2M	New
RS Reliance Inc.	0.33%	14,669	$4.2M	Add +125.7%
MKSI MKS Inc. filed as MKS INSTRS INC	0.33%	32,000	$4.2M	New
MO Altria Group Inc.	0.32%	90,300	$4.1M	Reduce -11.8%
ALGM Allegro Microsystems Inc.	0.32%	145,000	$4.1M	New
UEC Uranium Energy Corp.	0.32%	673,487	$4.0M	New
MATW Matthews Intl Corp. Class A	0.31%	157,500	$3.9M	No change
CHKP Check Point Software Tech	0.31%	23,740	$3.9M	New
GOOGL Alphabet Inc. Class A	0.30%	21,000	$3.8M	Reduce -32.3%
SHW The Sherwin-Williams Co.	0.30%	12,800	$3.8M	Add +22.4%
WCC Wesco International Inc.	0.29%	23,703	$3.8M	Reduce -38.5%
GPN Global Payments Inc.	0.29%	38,566	$3.7M	New
AVGO Broadcom Inc.	0.28%	2,200	$3.5M	Reduce -76.5%
AMAT Applied Materials Inc.	0.27%	14,800	$3.5M	Reduce -13.9%
CSTM Constellium SE	0.27%	183,410	$3.5M	Reduce -77.9%
IT Gartner Inc.	0.26%	7,453	$3.3M	New
GPRE Green Plains Inc.	0.26%	210,000	$3.3M	Add +17.0%
DYN Dyne Therapeutics Inc.	0.26%	92,390	$3.3M	Add +23.2%
BL Blackline Inc.	0.26%	67,082	$3.3M	New
ALE Allete Inc.	0.25%	51,711	$3.2M	New
CLDX Celldex Therapeutics Inc.	0.25%	85,351	$3.2M	Add +23.2%
CME Cme Group Inc.	0.24%	15,506	$3.0M	Reduce -17.5%
SNDX Syndax Pharmaceuticals Inc.	0.23%	143,280	$2.9M	Add +38.1%
AES AES Corp.	0.23%	165,955	$2.9M	Reduce -5.3%
MA Mastercard Inc. Class A	0.22%	6,332	$2.8M	New
DELL Dell Technologies -C	0.22%	20,000	$2.8M	New
COGT Cogent Biosciences Inc.	0.22%	326,070	$2.7M	Add +3.5%
CEG Constellation Energy	0.20%	13,018	$2.6M	Add +165.7%
SMAR Smartsheet Inc. Class A	0.20%	59,114	$2.6M	Reduce -61.9%
KO The Coca-Cola Co.	0.20%	40,004	$2.5M	New
KEX Kirby Corp.	0.20%	21,024	$2.5M	Reduce -69.2%
MNDY Monday.com Ltd.	0.20%	10,418	$2.5M	New
VERA Vera Therapeutics Inc.	0.18%	63,550	$2.3M	Add +23.2%
BRZE Braze Inc. Class A	0.18%	58,336	$2.3M	Add +156.7%
EGHT 8X8 Inc.	0.17%	998,380	$2.2M	No change
WY Weyerhaeuser Co.	0.17%	77,421	$2.2M	Add +6.1%
DDOG Datadog Inc. Class A	0.17%	16,642	$2.2M	Reduce -29.3%
GSM Ferroglobe PLC	0.17%	400,000	$2.1M	New
FROG Jfrog Ltd.	0.17%	56,054	$2.1M	Add +143.4%
SPGI S&P Global Inc.	0.16%	4,493	$2.0M	Reduce -68.4%
TEAM Atlassian Corp. Class A	0.14%	10,420	$1.8M	Reduce -22.2%
B Barrick Gold Corp.	0.14%	110,000	$1.8M	New
CRM Salesforce Inc.	0.14%	7,129	$1.8M	Reduce -69.3%
NATL NCR Atleos Corp.	0.14%	64,310	$1.7M	Reduce -81.6%
ACLS Axcelis Technologies Inc.	0.13%	12,000	$1.7M	New
SMPL The Simply Good Foods Co.	0.13%	46,947	$1.7M	Reduce -15.8%
AON Aon PLC Class A	0.13%	5,680	$1.7M	New
FDS Factset Research Systems Inc.	0.13%	4,005	$1.6M	Reduce -17.7%
PEG Public Service Enterprise GP	0.13%	21,718	$1.6M	Reduce -49.4%
GWRE Guidewire Software Inc.	0.12%	11,261	$1.6M	New
BRBR Bellring Brands Inc.	0.12%	26,853	$1.5M	Add +89.6%
PNW Pinnacle West Capital	0.12%	19,990	$1.5M	Reduce -27.3%
IMTX Immatics NV	0.12%	126,325	$1.5M	Add +3.5%
WEX Wex Inc.	0.11%	7,668	$1.4M	New
STM Stmicroelectronics NV-NY SHS	0.09%	30,000	$1.2M	Reduce -62.4%
CYBR Cyberark Software Ltd./Israel	0.09%	4,147	$1.1M	Reduce -79.0%
VMI Valmont Industries	0.08%	3,894	$1.1M	Reduce -81.4%
FRSH Freshworks Inc. Class A	0.08%	81,166	$1.0M	Reduce -47.3%
WS Worthington Steel Inc.	0.08%	30,000	$1.0M	New
CELH Celsius Holdings Inc.	0.07%	16,700	$953K	New
UTZ Utz Brands Inc.	0.07%	55,560	$925K	Add +98.4%
TVTX Travere Therapeutics Inc.	0.07%	103,353	$850K	Add +23.2%
BILL Bill Holdings Inc.	0.07%	15,846	$834K	Add +9.4%
CABA Cabaletta Bio Inc.	0.06%	104,705	$783K	Add +23.2%
FRPT Freshpet Inc.	0.06%	5,773	$747K	Reduce -1.7%
PEPG Pepgen Inc.	0.04%	31,230	$498K	Reduce -10.8%
ABX Abacus Global Management Inc.	0.01%	17,500	$151K	New

Options reported separately and not counted above: TLT calls ($10.3M).

Portfolio Sells Q1 2024 → Q2 2024


SPY SS SPDR S&P 500 ETF Trust-US	Sold out	0.00%	−2.48
SANA Sana Biotechnology Inc.	Reduce -4.2%	1.38%	−1.81
CSTM Constellium SE	Reduce -77.9%	0.27%	−1.47
DNLI Denali Therapeutics Inc.	Reduce -8.6%	8.67%	−1.45
K Kellanova	Sold out	0.00%	−1.32
PCG P G & E Corp.	Reduce -71.2%	0.41%	−1.23
ASML ASML Holding NV-NY Reg SHS	Reduce -42.5%	1.19%	−1.18
CMC Commercial Metals Co.	Sold out	0.00%	−1.11
FCX Freeport-McMoran Inc.	Sold out	0.00%	−1.05
NOW ServiceNow Inc.	Sold out	0.00%	−0.92
ETR Entergy Corp.	Reduce -51.1%	0.63%	−0.90
NDAQ Nasdaq Inc.	Sold out	0.00%	−0.90
AVGO Broadcom Inc.	Reduce -76.5%	0.28%	−0.90
GDX Vaneck Gold Miners ETF	Sold out	0.00%	−0.85
SSNC Ss&c Technologies Holdings	Sold out	0.00%	−0.84
AXTA Axalta Coating Systems Ltd.	Sold out	0.00%	−0.77
HSY The Hershey Co.	Reduce -58.8%	0.35%	−0.74
NI Nisource Inc.	Reduce -27.3%	1.22%	−0.73
TRU Transunion	Sold out	0.00%	−0.71
BALL Ball Corp.	Sold out	0.00%	−0.71
BUD Anheuser-Busch Inbev-SPN ADR	Sold out	0.00%	−0.70
SJM The JM Smucker Co.	Reduce -36.9%	0.58%	−0.70
CRH CRH PLC	Sold out	0.00%	−0.68
VSTS Vestis Corp.	Sold out	0.00%	−0.66
MLM Martin Marietta Materials	Sold out	0.00%	−0.64
TYL Tyler Technologies Inc.	Sold out	0.00%	−0.60
DT Dynatrace Inc.	Sold out	0.00%	−0.59
SNOW Snowflake Inc.	Sold out	0.00%	−0.58
SPLV Invesco S&P 500 Low Volatili	Sold out	0.00%	−0.58
CRS Carpenter Technology	Sold out	0.00%	−0.56
KMB Kimberly-Clark Corp.	Reduce -21.2%	1.25%	−0.54
CRM Salesforce Inc.	Reduce -69.3%	0.14%	−0.52
NATL NCR Atleos Corp.	Reduce -81.6%	0.14%	−0.52
CDNS Cadence Design SYS Inc.	Sold out	0.00%	−0.51
MSFT Microsoft Corp.	Reduce -47.7%	0.39%	−0.46
PPL PPL Corp.	Reduce -17.4%	1.01%	−0.46
S Sentinelone Inc. Class A	Sold out	0.00%	−0.43
KEX Kirby Corp.	Reduce -69.2%	0.20%	−0.42
SPGI S&P Global Inc.	Reduce -68.4%	0.16%	−0.42
CYBR Cyberark Software Ltd./Israel	Reduce -79.0%	0.09%	−0.41
NUE Nucor Corp.	Sold out	0.00%	−0.41
VRSK Verisk Analytics Inc.	Sold out	0.00%	−0.41
PEGA Pegasystems Inc.	Reduce -40.3%	0.33%	−0.38
DAY Dayforce Inc.	Sold out	0.00%	−0.38
FNV Franco-Nevada Corp.	Sold out	0.00%	−0.37
VMI Valmont Industries	Reduce -81.4%	0.08%	−0.37
RMBS Rambus Inc.	Reduce -20.9%	0.60%	−0.37
SMAR Smartsheet Inc. Class A	Reduce -61.9%	0.20%	−0.36
AMD Advanced Micro Devices	Sold out	0.00%	−0.36
FIVN FIVE9 Inc.	Sold out	0.00%	−0.34

Portfolio Buys Q1 2024 → Q2 2024


IVV iShares Core S&P 500 ETF	New	14.38%	+14.38
IWM iShares Russell 2000 ETF	New	2.12%	+2.12
AAPL Apple Inc.	Add +570.6%	1.88%	+1.61
AA Alcoa Corp.	New	1.06%	+1.06
VEEV Veeva Systems Inc. Class A	New	1.04%	+1.04
LW Lamb Weston Holdings Inc.	Add +246.8%	1.66%	+0.93
MEOH Methanex Corp.	New	0.92%	+0.92
TAP Molson Coors Beverage Co. Class B	New	0.88%	+0.88
NVDA Nvidia Corp.	Add +38.8%	2.15%	+0.78
CL Colgate-Palmolive Co.	New	0.73%	+0.73
ADBE Adobe Inc.	New	0.73%	+0.73
TECK Teck Resources Ltd.-CLS B	New	0.70%	+0.70
WDC Western Digital Corp.	New	0.69%	+0.69
NSC Norfolk Southern Corp.	New	0.67%	+0.67
RCM R1 RCM Inc.	New	0.64%	+0.64
CENX Century Aluminum Company	New	0.63%	+0.63
HUBS HubSpot Inc.	New	0.52%	+0.52
IGV iShares Expanded Tech-Softwa	New	0.51%	+0.51
SMH Vaneck Semiconductor ETF	New	0.51%	+0.51
RGLD Royal Gold Inc.	Add +213.3%	0.82%	+0.51
CNI Canadian Natl Railway Co.	New	0.51%	+0.51
TER Teradyne Inc.	Add +246.0%	0.64%	+0.47
MSCI MSCI Inc.	Add +445.2%	0.62%	+0.46
OKTA Okta Inc.	Add +427.8%	0.61%	+0.45
GEF Greif Inc. Class A	New	0.43%	+0.43
IP International Paper Co.	New	0.42%	+0.42
ADSK Autodesk Inc.	New	0.41%	+0.41
SIL Global X Silver Miners ETF	Add +234.1%	0.60%	+0.41
MCO Moody's Corp.	New	0.39%	+0.39
DD Dupont DE Nemours Inc.	New	0.36%	+0.36
PKG Packaging Corp. of America	New	0.35%	+0.35
TSN Tyson Foods Inc. Class A	New	0.34%	+0.34
AGI Alamos Gold Inc. Class A	Add +116.6%	0.71%	+0.34
GLOB Globant SA	New	0.33%	+0.33
MKSI MKS Inc.	New	0.33%	+0.33
ALGM Allegro Microsystems Inc.	New	0.32%	+0.32
UEC Uranium Energy Corp.	New	0.32%	+0.32
CHKP Check Point Software Tech	New	0.31%	+0.31
GPN Global Payments Inc.	New	0.29%	+0.29
ES Eversource Energy	Add +104.1%	0.75%	+0.28
IT Gartner Inc.	New	0.26%	+0.26
BL Blackline Inc.	New	0.26%	+0.26
MRCY Mercury Systems Inc.	Add +75.9%	1.01%	+0.25
ALE Allete Inc.	New	0.25%	+0.25
NEE Nextera Energy Inc.	Add +85.0%	0.61%	+0.25
AEE Ameren Corporation	Add +83.5%	0.76%	+0.24
MA Mastercard Inc. Class A	New	0.22%	+0.22
DELL Dell Technologies -C	New	0.22%	+0.22
PRGO Perrigo Co. PLC	Add +92.3%	1.01%	+0.21
FE Firstenergy Corp.	Add +133.9%	0.44%	+0.21

Options Activity Q1 2024 → Q2 2024


SPY SS SPDR S&P 500 ETF Trust-US	put	Sold out	128,000	$67.0Mbefore exit
TLT iShares 20+ Year Treasury BD	call	New	112,500	$10.3M
QQQ Invesco QQQ Trust Series 1	put	Sold out	20,000	$8.9Mbefore exit

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	3	$53.5M	DNLI, SANA, EGHT
Q1 2026Amended	3	$46.3M	DNLI, SANA, EGHT
Q4 2025	3	$53.3M	DNLI, SANA, EGHT
Q3 2025	3	$58.1M	DNLI, SANA, EGHT
Q2 2025	3	$62.6M	DNLI, SANA, EGHT
Q1 2025	3	$63.2M	DNLI, SANA, EGHT
Q4 2024	703	$2.9B	IVV, NVDA, DNLI, QQQ, AMZN
Q3 2024	508	$1.8B	SPY, DNLI, NVDA, CRM, AA
Q2 2024	158	$1.3B	IVV, DNLI, NVDA, IWM, AAPL
Q1 2024	155	$1.1B	DNLI, SANA, SPY, ASML, NI