Equal-WT
WhaleScore 2.0
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Crescent Park Management is based out of East Palo Alto. Crescent Park Management is a hedge fund with 8 clients and discretionary assets under management (AUM) of $481,490,682 (Form ADV from 2024-05-15). Their last reported 13F filing for Q3 2024 included $251,206,056 in managed 13F securities
and a top 10 holdings concentration of 73.39%. Crescent Park Management's largest holding is Broadcom Inc with shares held of 253,533. Whalewisdom has at least 40 13F filings, 4 13D filings, 2 13G filings, and 7 Form 4 filings
Business Description
Crescent Park may direct a certain amount of brokerage to a broker or FCM in return for the broker’s or FCM’s referral of prospective clients or investors. This creates a conflict of interest as Crescent Park has an incentive to refer its clients’ brokerage business to brokers to which it might not otherwise direct transactions. Crescent Park has policies and procedures to review its brokerage practices regularly, including its use of brokers from which Crescent Park receives client or investor introductions.
Crescent Park expects to use a substantial portion of these services for research and trading on behalf of the Funds, but some may be used for administrative purposes. Although many prime brokers and custodians provide similar services to investment advisers in exchange for brokerage, custody and clearance fees and other charges, if Crescent Park did not receive these services from these firms, Crescent Park would be required to pay for all or some portion of them. Crescent Park is not required to direct a particular number of trades to any of these firms or to continue to use them as the Funds’ custodians, but has an incentive to do so based on the firms’ prior and continued services.
Investment Strategy
The investment objective of the Master Fund and FOF Fund is to compound capital by investing in a concentrated portfolio of securities, both long and short, where Crescent Park believes they have identified a mispricing opportunity. These funds primarily invest in equity and equity-related securities traded publicly in U.S. and non-U.S. markets. They aim to exploit these mispricing opportunities over a multi-year holding period.
Crescent Park's investment strategy is not limited to specific securities or commodities, and they may use any trading or investment techniques they deem appropriate. They may also engage in different strategies for different clients, including buying or selling securities for one client while simultaneously selling or buying the same security for another.
Owners
- CPM GP, LLC - GENERAL PARTNER
- COHEN, ELI, D. - MANAGING PARTNER & CHIEF COMPLIANCE OFFICER
- THE ELI AND MARGARITA COHEN LIVING TRUST - LIMITED PARTNER Click on the Ownership/Private Fund Data tab for more details.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
Name | % Change |
---|---|
CLBT Cellebrite DI Ltd | 11.24% |
PCOR Procore Technologies | 4.83% |
LUMN Lumen Technologies, (CALL) | 2.69% |
CCCS CCC Intelligent Solu | 1.42% |
NVDA NVIDIA Corp | 0.61% |

2024-09-30
Top Sells (13F)
Name | % Change |
---|---|
AVGO Broadcom Inc | 4.59% |
INST Instructure Holdings | 2.57% |
LSXMK Liberty Sirius XM Gr | 2.49% |
MRVL Marvell Technology I | 2.43% |
GDDY GoDaddy Inc | 2.12% |

2024-09-30
13F Holdings Summary
Name | $ Change |
---|---|
AVGO Broadcom Inc | 17.41% |
CLBT Cellebrite DI Ltd | 11.53% |
KKR KKR & Co. Inc | 7.81% |
SBAC SBA Communications C | 7.06% |
GDDY GoDaddy Inc | 5.71% |

2024-09-30
13F Activity
Market Value | $251m, Prior: $215m |
Inflows (Outflows) as % of Total MV | +5.345% |
New Purchases | 9 stocks |
Added To | 7 stocks |
Sold out of | 3 stocks |
Reduced holdings in | 14 stocks |
Top 10 Holdings % | 73.39% |
Turnover %[1] | 32.43% |
Turnover Alt %[2] | 22.41% |
Time Held Top 20 | 8.1 quarters |
Time Held Top 10 | 4.3 quarters |
Time Held All | 6.62 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data

2024-09-30
Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30