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Crescent Park Management, L.P.

CIK:0001629984
Hedge Fund
$351M AUM
34 holdings
East Palo Alto, CA, United States
Founded:2014
15 employees
Latest filing:Jun 30, 2025

Crescent Park Management, L.P. is a hedge fund headquartered in East Palo Alto, California. Founded in 2014, the firm manages assets for institutional and high net worth investors. As a registered investment adviser (SEC advisor #801-80242), Crescent Park focuses on equity-based strategies and employs a team of approximately 10 to 20 professionals. The firm operates mainly in the United States and carries out discretionary management of investment portfolios.

Investment Strategy

Crescent Park Management, L.P. implements a fundamentally driven, discretionary long/short equity strategy. Their investment approach emphasizes deep research and concentrated positions in high-conviction opportunities, primarily in public equities across the technology, consumer, and financial sectors. The fund seeks to generate alpha by opportunistically investing based on bottom-up analysis, rigorous due diligence, and risk management, with a particular focus on U.S. listed stocks but may diversify globally at times.

Latest 13F Filing Activity

Crescent Park Management, L.P. filed their most recent 13F report on Jun 30, 2025 disclosing 21 equity positions and 12 options positions with a total 13F market value of $260M. The fund increased holdings in Broadcom Inc., CCC Intelligent Solutions HL, Doordash Inc. among other positions. Crescent Park Management, L.P. reduced exposure to Cellebrite Di LTD, Cogent Communications HLDGS, Guidewire Software Inc. among others.

Top Buys
A
AVGOBROADCOM INC
+$11.5M
C
CCCSCCC INTELLIGENT SOLUTIONS HL
+$5.4M
D
DASHDOORDASH INC
+$4.7M
V
VVVVALVOLINE INC
+$4.6M
W
WIXWIX COM LTD
+$2.7M
Top Sells
C
CLBTCELLEBRITE DI LTD
-$4.2M
C
CCOICOGENT COMMUNICATIONS HLDGS
-$1.7M
G
GWREGUIDEWIRE SOFTWARE INC
-$1.2M
M
MRVLMARVELL TECHNOLOGY INC
-$683.7K
S
SBACSBA COMMUNICATIONS CORP NEW
-$490.5K

Top Holdings

A
AVGOBROADCOM INC
+18.0%$46.8M
K
KKRKKR & CO INC
+6.5%$16.9M
A
AMZNAMAZON COM INC
+6.5%$16.8M
C
CCCSCCC INTELLIGENT SOLUTIONS HL
+6.0%$15.7M
W
WIXWIX COM LTD
+5.9%$15.2M

Equity Positions (21)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
BROADCOM INC17.99%$46.8M169,704$34.29$275.65+$11.5M
KKR & CO INC6.48%$16.9M126,708$36.46$133.03+$2.3M
AMAZON COM INC6.47%$16.8M76,643$110.96$219.39+$2.3M
CCC INTELLIGENT SOLUTIONS HL6.02%$15.7M1,664,792$9.72$9.41+$5.4M
WIX COM LTD5.85%$15.2M96,010$113.88$158.46+$2.7M

Options Positions (10)

TickerSecurityActionTypeNotional ValueContractsUnderlying PricePremium PaidChange (Contracts)Change (Value)
AEVA TECHNOLOGIES INCBought
Call
$6.8M1,793$37.79$12.26+404+$5.8M
LUMEN TECHNOLOGIES INCBought
Call
$6.0M13,775$4.38$4.68+3,964+$2.2M
OUSTER INC
Call
$3.3M1,362$24.25$6.470+$2.1M
FUBOTV INCBought
Call
$2.1M5,454$3.86$2.41+72+$533.7K
ECHOSTAR CORPBought
Call
$1.7M626$27.70$19.24+77+$329.7K

Industry Allocation

SEMICONDUCTORS & RELATED DEVICES
+20.4%
SERVICES-PREPACKAGED SOFTWARE
+17.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+8.0%
INVESTMENT ADVICE
+7.6%
REAL ESTATE INVESTMENT TRUSTS
+7.4%