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Livermore
Livermore
ZHEN

Crestline Management, LP

SEC CIK
0001536054
Latest filing
Aug 14, 2026

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 14, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
219
−5 vs. Q3 2021
Portfolio value
$1.33B
+$279.5M (+26.6%) vs. Q3 2021
Filed
Feb 14, 2022
SEC
Holdings of Crestline Management, LP in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
DNLIDenali Therapeutics Inc.COM7,705,039$343.6M25.8%00.0%UnchangedHistory
AAPLApple Inc.Stock320,000$56.8M4.3%+320,000NewHistory
GOOGAlphabet Inc.Stock19,000$55.0M4.1%+19,000NewHistory
BACBank of America CorpStock1,215,000$54.1M4.1%+932,479+330.1%AddedHistory
AMZNAmazon Com IncStock16,139$53.8M4.0%+14,016+660.2%AddedHistory
SANASana Biotechnology, Inc.COM3,210,937$49.7M3.7%00.0%UnchangedHistory
MSFTMicrosoft CorpStock78,000$26.2M2.0%+78,000NewHistory
BABAAlibaba Group Holding LtdADR216,000$25.7M1.9%+216,000NewHistory
SNOWSnowflake Inc.Stock60,000$20.3M1.5%+60,000NewHistory
NINisource Inc.COM646,000$17.8M1.3%+646,000NewHistory
ADIAnalog Devices IncStock92,596$16.3M1.2%+59,838+182.7%AddedHistory
GTGoodyear Tire & Rubber CoCOM726,273$15.5M1.2%+165,158+29.4%AddedHistory
ELVElevance Health, Inc.Stock30,000$13.9M1.0%+30,000NewHistory
KHCKraft Heinz CoStock344,000$12.3M0.9%+344,000NewHistory
EXCExelon CorpStock210,000$12.1M0.9%+210,000NewHistory
AIGAmerican International Group, Inc.Stock207,051$11.8M0.9%−11,724−5.4%ReducedHistory
AMPAmeriprise Financial IncCOM38,816$11.7M0.9%−6,566−14.5%ReducedHistory
MSMorgan StanleyStock105,000$10.3M0.8%+105,000NewHistory
FEFirstenergy CorpCOM232,225$9.66M0.7%+50,967+28.1%AddedHistory
FITBFifth Third BancorpCOM221,574$9.65M0.7%−15,371−6.5%ReducedHistory
ASTLAlgoma Steel Group Inc.COM890,000$9.62M0.7%+890,000NewHistory
CMCCommercial Metals CoStock262,376$9.52M0.7%+42,305+19.2%AddedHistory
BLDRBuilders FirstSource, Inc.Stock110,067$9.43M0.7%+4,637+4.4%AddedHistory
WTWWillis Towers Watson PLCSHS39,628$9.41M0.7%−34,725−46.7%ReducedHistory
GOOGLAlphabet Inc.Stock3,218$9.32M0.7%+126+4.1%AddedHistory
XPOXPO, Inc.COM114,440$8.86M0.7%+75,769+195.9%AddedHistory
VOYAVoya Financial, Inc.COM130,000$8.62M0.6%+123,140+1,795.0%AddedHistory
SAHSonic Automotive IncCL A170,000$8.41M0.6%+59,444+53.8%AddedHistory
MUMicron Technology IncStock89,320$8.32M0.6%+89,320NewHistory
RGLDRoyal Gold IncStock77,053$8.11M0.6%+25,216+48.6%AddedHistory
HOLXHologic IncCOM100,854$7.72M0.6%+4,516+4.7%AddedHistory
USFDUS Foods Holding Corp.COM220,000$7.66M0.6%+220,000NewHistory
ACAArcosa, Inc.COM140,000$7.38M0.6%+74,470+113.6%AddedHistory
BAXBaxter International IncStock85,496$7.34M0.6%+26,796+45.6%AddedHistory
SIMOSilicon Motion Technology CORPSPONSORED ADR77,041$7.32M0.6%+29,055+60.5%AddedHistory
QCOMQualcomm IncStock39,109$7.15M0.5%+39,109NewHistory
Flagstar Bank, National Association649445103COM572,012$6.99M0.5%+572,012New–
CTVACorteva, Inc.Stock147,117$6.96M0.5%+105,725+255.4%AddedHistory
UNVRUnivar Solutions Inc.COM240,000$6.80M0.5%+79,185+49.2%AddedHistory
LNCLincoln National CorpCOM98,938$6.75M0.5%+18,505+23.0%AddedHistory
MCHPMicrochip Technology IncStock75,983$6.62M0.5%+28,795+61.0%AddedConverted for a 2-for-1 splitHistory
GPKGraphic Packaging Holding CoCOM330,000$6.43M0.5%+138,293+72.1%AddedHistory
ENOVEnovis CORPCOM140,000$6.43M0.5%+140,000NewHistory
AVGOBroadcom Inc.Stock9,172$6.10M0.5%+9,172NewHistory
RMBSRambus IncCOM206,538$6.07M0.5%+45,367+28.1%AddedHistory
WFCWells Fargo & CompanyStock125,000$6.00M0.5%+100,203+404.1%AddedHistory
BHP Group Ltd05545E209SPONSORED ADR96,327$5.76M0.4%+54,306+129.2%Added–
CPCanadian Pacific Kansas City LtdCOM80,000$5.76M0.4%+80,000NewHistory
PINSPinterest, Inc.CL A150,000$5.45M0.4%+150,000NewHistory
MMSIMerit Medical Systems IncCOM87,092$5.43M0.4%+4,499+5.4%AddedHistory
KLACKLA CorpCOM NEW12,017$5.17M0.4%+1,163+10.7%AddedHistory
PENPenumbra IncCOM17,886$5.14M0.4%−2,801−13.5%ReducedHistory
COFCapital One Financial CorpStock35,000$5.08M0.4%+24,917+247.1%AddedHistory
EWBCEast West Bancorp IncCOM61,328$4.83M0.4%+61,328NewHistory
RFRegions Financial CorpCOM210,000$4.58M0.3%+210,000NewHistory
HUNHuntsman CORPCOM130,000$4.54M0.3%+7,797+6.4%AddedHistory
DDDuPont de Nemours, Inc.COM55,000$4.44M0.3%+55,000NewHistory
RIORio Tinto PLCADR66,000$4.42M0.3%+66,000NewHistory
UTHRUnited Therapeutics CorpCOM20,256$4.38M0.3%+3,014+17.5%AddedHistory
ZIONZions Bancorporation, National AssociationCOM68,000$4.29M0.3%+68,000NewHistory
XRAYDentsply Sirona Inc.Stock76,767$4.28M0.3%−10,133−11.7%ReducedHistory
CRUSCirrus Logic, Inc.Stock45,943$4.23M0.3%−10,690−18.9%ReducedHistory
CBOECboe Global Markets, Inc.COM32,190$4.20M0.3%+15,044+87.7%AddedHistory
AJGArthur J. Gallagher & Co.COM24,585$4.17M0.3%−23,299−48.7%ReducedHistory
SSNCSS&C Technologies Holdings IncCOM50,000$4.10M0.3%+50,000NewHistory
LRCXLam Research CorpCOM5,600$4.03M0.3%+5,600NewHistory
SCCOSouthern Copper CorpStock64,044$3.95M0.3%+11,548+22.0%AddedHistory
SBGISinclair, Inc.CL A147,000$3.88M0.3%+147,000NewHistory
NEENextera Energy IncStock41,000$3.83M0.3%+41,000NewHistory
QRVOQorvo, Inc.Stock24,442$3.82M0.3%+12,065+97.5%AddedHistory
AJRDAerojet Rocketdyne Holdings, Inc.COM80,970$3.79M0.3%−36,489−31.1%ReducedHistory
ATRCAtriCure, Inc.COM53,409$3.71M0.3%+53,409NewHistory
PNCPNC Financial Services Group, Inc.Stock18,427$3.69M0.3%+18,427NewHistory
AXNXAxonics, Inc.COM65,669$3.68M0.3%+18,708+39.8%AddedHistory
ALGNAlign Technology IncCOM5,489$3.61M0.3%−768−12.3%ReducedHistory
MTSIMACOM Technology Solutions Holdings, Inc.COM45,932$3.60M0.3%−8,601−15.8%ReducedHistory
BSXBoston Scientific CorpStock84,152$3.58M0.3%+84,152NewHistory
SSentinelOne, Inc.CL A70,000$3.53M0.3%+70,000NewHistory
CMAComerica IncCOM40,000$3.48M0.3%−71,006−64.0%ReducedHistory
IHRTiHeartMedia, Inc.COM CL A165,000$3.47M0.3%+165,000NewHistory
OLPXOlaplex Holdings, Inc.COM118,670$3.46M0.3%+118,670NewHistory
WALWestern Alliance BancorporationCOM32,000$3.44M0.3%+32,000NewHistory
LAWCS Disco, Inc.COM93,522$3.34M0.3%+93,522NewHistory
HWMHowmet Aerospace Inc.Stock104,799$3.33M0.3%+21,699+26.1%AddedHistory
TOSTToast, Inc.Stock93,698$3.25M0.2%+93,698NewHistory
SGSweetgreen, Inc.COM CL A100,857$3.23M0.2%+100,857NewHistory
SIBNSI-BONE, Inc.COM143,825$3.19M0.2%+8,912+6.6%AddedHistory
WRBBerkley W R CorpCOM38,723$3.19M0.2%−62,812−61.9%ReducedHistory
TECKTeck Resources LtdCL B110,462$3.18M0.2%−200,901−64.5%ReducedHistory
GTLBGitlab Inc.CLASS A COM36,289$3.16M0.2%+36,289NewHistory
RRXRegal Rexnord CorpCOM18,520$3.15M0.2%+18,520NewHistory
Barrick Gold Corp067901108COM160,707$3.05M0.2%+160,707New–
OMOutset Medical, Inc.COM65,625$3.02M0.2%−6,551−9.1%ReducedHistory
RJFRaymond James Financial IncCOM30,000$3.01M0.2%+30,000NewHistory
AFGAmerican Financial Group IncCOM20,479$2.81M0.2%−15,514−43.1%ReducedHistory
IBKRInteractive Brokers Group, Inc.Stock35,066$2.79M0.2%+35,066NewHistory
ATECAlphatec Holdings, Inc.COM NEW243,445$2.78M0.2%−15,800−6.1%ReducedHistory
TRVTravelers Companies, Inc.Stock17,596$2.75M0.2%+17,596NewHistory
NUVANuvasive IncCOM52,357$2.75M0.2%−8,738−14.3%ReducedHistory
ARNCArconic CorpCOM82,957$2.74M0.2%−154,548−65.1%ReducedHistory

Options (8)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of Crestline Management, LP in Q4 2021
SecurityClassPutsCalls
SIBNSI-BONE, Inc.COM–$2.39M
DXCMDexcom IncCOM$1.07M–
ATECAlphatec Holdings, Inc.COM NEW–$915.0K
AXGNAxogen, Inc.COM–$790.0K
INGNInogen IncCOM–$612.0K
SIENProject Sage Oldco, Inc.COM–$588.0K
CSIICardiovascular Systems IncCOM–$470.0K
AVNSAvanos Medical, Inc.Stock–$434.0K

Sold out since Q3 2021 (72)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of Crestline Management, LP sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
Colony Starwood Homes19625XAB8NOTE 3.500% 1/1–$10.5M1.0%–
Workday, Inc.98138HAF8NOTE 0.250%10/0–$9.43M0.9%–
Sea Ltd81141RAF7NOTE 2.375%12/0–$8.89M0.8%–
ZWSZurn Elkay Water Solutions CorpCOM136,164$8.75M0.8%History
ICEIntercontinental Exchange, Inc.Stock75,626$8.68M0.8%History
AXPAmerican Express CoStock50,414$8.45M0.8%History
CFGCitizens Financial Group IncCOM151,363$7.11M0.7%History
MBACM3-Brigade Acquisition II Corp.COM CL A700,000$6.94M0.7%History
Dexcom Inc252131AH0NOTE 0.750%12/0–$6.65M0.6%–
Square Inc852234AD5NOTE 0.500% 5/1–$6.16M0.6%–
Legato Merger Corp.52473X106COM526,285$5.54M0.5%–
Sea Ltd81141RAG5NOTE 0.250% 9/1–$5.08M0.5%–
CCKCrown Holdings, Inc.COM49,630$5.00M0.5%History
IFFInternational Flavors & Fragrances IncCOM36,910$4.94M0.5%History
TCW Special Purpose Acqu Cor87301L106COM CL A500,000$4.89M0.5%–
WPMWheaton Precious Metals Corp.COM120,636$4.53M0.4%History
STLDSteel Dynamics IncCOM75,470$4.41M0.4%History
GMGeneral Motors CoCOM83,616$4.41M0.4%History
JPMJPMorgan Chase & CoStock25,251$4.13M0.4%History
UPSTUpstart Holdings, Inc.COM12,700$4.02M0.4%History
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$3.64M0.3%–
METAMeta Platforms, Inc.Stock10,687$3.63M0.3%History
PGRProgressive CorpStock39,388$3.56M0.3%History
MRVLMarvell Technology, Inc.COM58,174$3.51M0.3%History
HLMNHillman Solutions Corp.COM292,103$3.48M0.3%History
PANWPalo Alto Networks IncStock6,057$2.90M0.3%History
ZBHZimmer Biomet Holdings, Inc.Stock18,841$2.76M0.3%History
PFGPrincipal Financial Group IncCOM42,604$2.74M0.3%History
BHFBrighthouse Financial, Inc.COM60,513$2.74M0.3%History
SYNASYNAPTICS IncStock15,139$2.72M0.3%History
SPBSpectrum Brands Holdings, Inc.COM27,211$2.60M0.2%History
SCHWSchwab Charles CorpStock35,290$2.57M0.2%History
Dmy Technology Group Inc IV23344K102COM CL A250,000$2.48M0.2%–
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$2.44M0.2%–
EXPEExpedia Group, Inc.Stock14,300$2.34M0.2%History
MTBM&T Bank CorpCOM15,107$2.26M0.2%History
AAAlcoa CorpStock45,924$2.25M0.2%History
BROBrown & Brown, Inc.Stock38,931$2.16M0.2%History
WDCWestern Digital CorpCOM36,148$2.04M0.2%History
SIGISelective Insurance Group IncCOM26,465$2.00M0.2%History
CFCF Industries Holdings, Inc.COM30,287$1.69M0.2%History
SIENProject Sage Oldco, Inc.COM292,412$1.68M0.2%History
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$1.53M0.1%–
AIZAssurant, Inc.Stock9,479$1.50M0.1%History
URIUnited Rentals, Inc.COM3,759$1.32M0.1%History
VMCVulcan Materials COCOM7,067$1.20M0.1%History
SYNHSyneos Health, Inc.CL A12,644$1.11M0.1%History
AXGNAxogen, Inc.COM69,777$1.10M0.1%History
DISH Network CORP25470MAB5NOTE 3.375% 8/1–$1.04M0.1%–
RYANRyan Specialty Holdings, Inc.CL A30,259$1.02M0.1%History
DISH Network CORP25470MAD1NOTE 2.375% 3/1–$978.0K0.1%–
TWTRTwitter, Inc.COM15,600$942.0K0.1%History
VALEVale S.A.SPONSORED ADS62,679$874.0K0.1%History
TWTradeweb Markets Inc.Stock10,084$814.0K0.1%History
LPLALPL Financial Holdings Inc.COM5,044$791.0K0.1%History
RETAReata Pharmaceuticals IncCL A5,909$594.0K0.1%History
SOFISoFi Technologies, Inc.Stock37,000$587.0K0.1%History
VAPOVapotherm IncCOM25,200$561.0K0.1%History
TTWOTake Two Interactive Software IncCOM3,547$546.0K0.1%History
Spartacus Acquisition Corp84677L109CL A50,400$511.0K<0.1%–
SAB Biotherapeutics, Inc.089115109COM50,611$510.0K<0.1%–
FSLYFastly, Inc.CL A8,800$355.0K<0.1%History
STRLSterling Infrastructure, Inc.COM14,119$320.0K<0.1%History
XENEXenon Pharmaceuticals Inc.COM20,417$312.0K<0.1%History
BKIBlack Knight, Inc.COM3,600$259.0K<0.1%History
Seaport Global Acquisitn Cor812227106COM CL A25,263$254.0K<0.1%–
Breeze Holdings Acquisitn Co106762107COM24,960$252.0K<0.1%–
Mountain Crest Acqustn Corp62402D105COM25,300$252.0K<0.1%–
GIGCAPITAL4 Inc37518G101COM25,000$247.0K<0.1%–
NXSTNexstar Media Group, Inc.COMMON STOCK1,550$236.0K<0.1%History
TPLTexas Pacific Land CorpStock175$211.0K<0.1%History
NIONIO Inc.ADR5,700$204.0K<0.1%History