Crescent Park Management, L.P. 13F annual report
Crescent Park Management, L.P. is an investment fund managing more than $202 billion ran by Eli Cohen. There are currently 18 companies in Mrs. Cohen’s portfolio. The largest investments include Broadcom Inc and Godaddy Inc, together worth $64.2 billion.
$202 billion Assets Under Management (AUM)
As of 7th August 2024, Crescent Park Management, L.P.’s top holding is 29,494 shares of Broadcom Inc currently worth over $47.4 billion and making up 23.5% of the portfolio value.
Relative to the number of outstanding shares of Broadcom Inc, Crescent Park Management, L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 120,729 shares of Godaddy Inc worth $16.9 billion, whose value grew 43.4% in the past six months.
The third-largest holding is Kkr Co Inc worth $16.7 billion and the next is SBA Communications Corp worth $15.1 billion, with 76,886 shares owned.
Currently, Crescent Park Management, L.P.'s portfolio is worth at least $202 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Crescent Park Management, L.P.
The Crescent Park Management, L.P. office and employees reside in East Palo Alto, California. According to the last 13-F report filed with the SEC, Eli Cohen serves as the Managing Partner at Crescent Park Management, L.P..
Recent trades
In the most recent 13F filing, Crescent Park Management, L.P. revealed that it had opened a new position in
Cogent Communications Hldgs and bought 81,440 shares worth $4.6 billion.
The investment fund also strengthened its position in SBA Communications Corp by buying
8,754 additional shares.
This makes their stake in SBA Communications Corp total 76,886 shares worth $15.1 billion.
SBA Communications Corp dropped 5.4% in the past year.
On the other hand, there are companies that Crescent Park Management, L.P. is getting rid of from its portfolio.
Crescent Park Management, L.P. closed its position in Intercontinental Exchange In on 14th August 2024.
It sold the previously owned 187,302 shares for $25.7 billion.
Eli Cohen also disclosed a decreased stake in Broadcom Inc by 0.1%.
This leaves the value of the investment at $47.4 billion and 29,494 shares.
One of the smallest hedge funds
The two most similar investment funds to Crescent Park Management, L.P. are Hunting Hill Global Capital and Caldwell Sutter Capital, Inc. They manage $202 billion and $202 billion respectively.
Eli Cohen investment strategy
Crescent Park Management, L.P.’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 48.6% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $227 billion.
The complete list of Crescent Park Management, L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Broadcom Inc |
10.31%
29,494
|
$47,353,502,000 | 23.49% |
| Intercontinental Exchange In |
Closed
187,302
|
$25,740,914,000 | |
| Godaddy Inc |
28.61%
120,729
|
$16,867,049,000 | 8.37% |
| Kkr Co Inc |
9.77%
158,605
|
$16,691,590,000 | 8.28% |
| SBA Communications Corp |
12.85%
76,886
|
$15,092,722,000 | 7.49% |
| Instructure Hldgs Inc |
19.89%
642,585
|
$15,042,915,000 | 7.46% |
| Amazon.com Inc. |
4.30%
76,991
|
$14,878,511,000 | 7.38% |
| Wix.com Ltd |
7.28%
81,641
|
$12,986,634,000 | 6.44% |
| N-able Inc |
28.00%
758,828
|
$11,556,950,000 | 5.73% |
| Microsoft Corporation |
32.19%
16,761
|
$7,491,329,000 | 3.72% |
| Guidewire Software Inc |
21.85%
48,586
|
$6,699,524,000 | 3.32% |
| Marvell Technology Inc |
7.03%
94,672
|
$6,617,573,000 | 3.28% |
| Workday Inc |
103.32%
28,023
|
$6,264,822,000 | 3.11% |
| DoorDash Inc |
5.05%
54,112
|
$5,886,303,000 | 2.92% |
| Liberty Media Corp. |
53.16%
241,408
|
$5,349,601,000 | 2.65% |
| Cogent Communications Hldgs |
Opened
81,440
|
$4,596,474,000 | 2.28% |
| Liberty Broadband Corp |
Closed
80,035
|
$4,580,403,000 | |
| Apollo Global Mgmt Inc |
0.24%
38,502
|
$4,545,931,000 | 2.26% |
| Indie Semiconductor Inc |
No change
491,749
|
$3,034,091,000 | 1.51% |
| Caesars Entertainment Inc Ne |
Closed
44,507
|
$1,946,736,000 | |
| Cellebrite Di Ltd |
No change
51,954
|
$620,850,000 | 0.31% |
| No transactions found | |||
| Showing first 500 out of 21 holdings | |||
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