Crestline Management, L.P. Quant / Systematic

Location: Fort Worth, TX

CIK: 0001536054 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 12, 2020

Total Value: $772M (100.0% shares, 0.0% debt)

Holdings (41)

DNLI DENALI THERAPEUTICS INC 43.9%

Value $339M Shares 19,462,500 Est. Cost $17.97 Unrealized -7.4%

BRK/B BERKSHIRE HATHAWAY INC DEL 7.2%

Value $55.95M Shares 247,000 Est. Cost $217.17 Unrealized 0.0%

ADBE ADOBE INC 4.2%

Value $32.65M Shares 99,000 Est. Cost $294.23 Unrealized 0.0%

AMD ADVANCED MICRO DEVICES INC 4.1%

Value $31.78M Shares 693,000 Est. Cost $36.81 Unrealized 0.0%

CRM SALESFORCE COM INC 3.7%

Value $28.63M Shares 176,000 Est. Cost $154.88 Unrealized 0.0%

META FACEBOOK INC 2.7%

Value $20.52M Shares 100,000 Est. Cost $191.82 Unrealized +0.3%

UNH UNITEDHEALTH GROUP INC 2.6%

Value $19.99M Shares 68,000 Est. Cost $230.16 Unrealized +2.8%

— GENERAL ELECTRIC CO 2.5%

Value $19.37M Shares 1,736,000 Est. Cost $11.16 Unrealized —

COST COSTCO WHSL CORP NEW 2.2%

Value $17.05M Shares 58,000 Est. Cost $271.52 Unrealized 0.0%

AMH AMERICAN HOMES 4 RENT 1.9%

Value $14.84M Shares 566,157 Est. Cost $24.31 Unrealized —

AMGN AMGEN INC 1.9%

Value $14.46M Shares 60,000 Est. Cost $182.69 Unrealized 0.0%

CVX CHEVRON CORP NEW 1.9%

Value $14.46M Shares 120,000 Est. Cost $89.68 Unrealized 0.0%

— PARAMOUNT GROUP INC 1.8%

Value $14.16M Shares 1,017,151 Est. Cost $13.97 Unrealized —

— FEDERAL REALTY INVT TR 1.8%

Value $13.88M Shares 107,825 Est. Cost $135.49 Unrealized —

NVDA NVIDIA CORP 1.8%

Value $13.65M Shares 58,000 Est. Cost $5.18 Unrealized 0.0%

ARE ALEXANDRIA REAL ESTATE EQ IN 1.7%

Value $12.78M Shares 79,084 Est. Cost $112.79 Unrealized +10.1%

— HUDSON PAC PPTYS INC 1.5%

Value $11.31M Shares 300,432 Est. Cost $33.36 Unrealized —

ELV ANTHEM INC 1.4%

Value $11.18M Shares 37,000 Est. Cost $253.23 Unrealized 0.0%

AKR ACADIA RLTY TR 1.3%

Value $9.841M Shares 379,527 Est. Cost $25.93 Unrealized —

— LEXINGTON REALTY TRUST 1.2%

Value $9.569M Shares 901,048 Est. Cost $10.62 Unrealized —

MU MICRON TECHNOLOGY INC 1.1%

Value $8.766M Shares 163,000 Est. Cost $46.59 Unrealized 0.0%

WFC WELLS FARGO CO NEW 1.1%

Value $8.393M Shares 156,000 Est. Cost $44.70 Unrealized 0.0%

TRTX TPG RE FIN TR INC 1.0%

Value $7.586M Shares 374,266 Est. Cost $19.29 Unrealized —

SPY SPDR S&P 500 ETF TR 0.8%

Value $6.347M Shares 19,720 Est. Cost $296.77 Unrealized —

— HEALTHCARE TR AMER INC 0.6%

Value $4.908M Shares 162,100 Est. Cost $30.28 Unrealized —

DOC HEALTHPEAK PPTYS INC 0.6%

Value $4.653M Shares 135,000 Est. Cost $25.47 Unrealized 0.0%

MET METLIFE INC 0.5%

Value $3.599M Shares 70,616 Est. Cost $39.33 Unrealized 0.0%

— AON PLC 0.4%

Value $2.704M Shares 12,981 Est. Cost $208.30 Unrealized —

PLYM PLYMOUTH INDL REIT INC 0.3%

Value $2.554M Shares 138,888 Est. Cost $18.32 Unrealized —

— AXA EQUITABLE HLDGS INC 0.3%

Value $2.151M Shares 86,810 Est. Cost $24.78 Unrealized —

ACGL ARCH CAP GROUP LTD 0.2%

Value $1.93M Shares 44,998 Est. Cost $32.43 Unrealized +21.6%

ALL ALLSTATE CORP 0.2%

Value $1.895M Shares 16,851 Est. Cost $89.63 Unrealized +5.1%

CB CHUBB LIMITED 0.2%

Value $1.697M Shares 10,903 Est. Cost $139.30 Unrealized -0.6%

— ATHENE HLDG LTD 0.2%

Value $1.691M Shares 35,958 Est. Cost $47.03 Unrealized —

KMPR KEMPER CORP DEL 0.2%

Value $1.556M Shares 20,080 Est. Cost $79.87 Unrealized -6.6%

Value $1.541M Shares 40,000 Est. Cost $37.54 Unrealized 0.0%

HCM HUTCHISON CHINA MEDITECH LTD 0.2%

Value $1.434M Shares 57,200 Est. Cost $22.00 Unrealized —

CNO CNO FINL GROUP INC 0.2%

Value $1.229M Shares 67,815 Est. Cost $14.78 Unrealized 0.0%

UAL UNITED AIRLINES HLDGS INC 0.1%

Value $1.123M Shares 12,745 Est. Cost $89.75 Unrealized 0.0%

BILL BILL COM HLDGS INC 0.1%

Value $761K Shares 20,000 Est. Cost $37.97 Unrealized 0.0%

PI IMPINJ INC 0.1%

Value $647K Shares 25,000 Est. Cost $31.09 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DNLI	DENALI THERAPEUTICS INC	19,462,500	$339M	43.9%	$17.97	-7.4%	COM	24823R105
BRK/B	BERKSHIRE HATHAWAY INC DEL	247,000	$55.95M	7.2%	$217.17	0.0%	CL B NEW	084670702
ADBE	ADOBE INC	99,000	$32.65M	4.2%	$294.23	0.0%	COM	00724F101
AMD	ADVANCED MICRO DEVICES INC	693,000	$31.78M	4.1%	$36.81	0.0%	COM	007903107
CRM	SALESFORCE COM INC	176,000	$28.63M	3.7%	$154.88	0.0%	COM	79466L302
META	FACEBOOK INC	100,000	$20.52M	2.7%	$191.82	+0.3%	CL A	30303M102
UNH	UNITEDHEALTH GROUP INC	68,000	$19.99M	2.6%	$230.16	+2.8%	COM	91324P102
—	GENERAL ELECTRIC CO	1,736,000	$19.37M	2.5%	$11.16	—	COM	369604103
COST	COSTCO WHSL CORP NEW	58,000	$17.05M	2.2%	$271.52	0.0%	COM	22160K105
AMH	AMERICAN HOMES 4 RENT	566,157	$14.84M	1.9%	$24.31	—	CL A	02665T306
AMGN	AMGEN INC	60,000	$14.46M	1.9%	$182.69	0.0%	COM	031162100
CVX	CHEVRON CORP NEW	120,000	$14.46M	1.9%	$89.68	0.0%	COM	166764100
—	PARAMOUNT GROUP INC	1,017,151	$14.16M	1.8%	$13.97	—	COM	69924R108
—	FEDERAL REALTY INVT TR	107,825	$13.88M	1.8%	$135.49	—	SH BEN INT NEW	313747206
NVDA	NVIDIA CORP	58,000	$13.65M	1.8%	$5.18	0.0%	COM	67066G104
ARE	ALEXANDRIA REAL ESTATE EQ IN	79,084	$12.78M	1.7%	$112.79	+10.1%	COM	015271109
—	HUDSON PAC PPTYS INC	300,432	$11.31M	1.5%	$33.36	—	COM	444097109
ELV	ANTHEM INC	37,000	$11.18M	1.4%	$253.23	0.0%	COM	036752103
AKR	ACADIA RLTY TR	379,527	$9.841M	1.3%	$25.93	—	COM SH BEN INT	004239109
—	LEXINGTON REALTY TRUST	901,048	$9.569M	1.2%	$10.62	—	COM	529043101
MU	MICRON TECHNOLOGY INC	163,000	$8.766M	1.1%	$46.59	0.0%	COM	595112103
WFC	WELLS FARGO CO NEW	156,000	$8.393M	1.1%	$44.70	0.0%	COM	949746101
TRTX	TPG RE FIN TR INC	374,266	$7.586M	1.0%	$19.29	—	COM	87266M107
SPY	SPDR S&P 500 ETF TR	19,720	$6.347M	0.8%	$296.77	—	TR UNIT	78462F103
—	HEALTHCARE TR AMER INC	162,100	$4.908M	0.6%	$30.28	—	CL A NEW	42225P501
DOC	HEALTHPEAK PPTYS INC	135,000	$4.653M	0.6%	$25.47	0.0%	COM	42250P103
MET	METLIFE INC	70,616	$3.599M	0.5%	$39.33	0.0%	COM	59156R108
—	AON PLC	12,981	$2.704M	0.4%	$208.30	—	SHS CL A	G0408V102
PLYM	PLYMOUTH INDL REIT INC	138,888	$2.554M	0.3%	$18.32	—	COM	729640102
—	AXA EQUITABLE HLDGS INC	86,810	$2.151M	0.3%	$24.78	—	COM	054561105
ACGL	ARCH CAP GROUP LTD	44,998	$1.93M	0.2%	$32.43	+21.6%	ORD	G0450A105
ALL	ALLSTATE CORP	16,851	$1.895M	0.2%	$89.63	+5.1%	COM	020002101
CB	CHUBB LIMITED	10,903	$1.697M	0.2%	$139.30	-0.6%	COM	H1467J104
—	ATHENE HLDG LTD	35,958	$1.691M	0.2%	$47.03	—	CL A	G0684D107
KMPR	KEMPER CORP DEL	20,080	$1.556M	0.2%	$79.87	-6.6%	COM	488401100
XP	XP INC	40,000	$1.541M	0.2%	$37.54	0.0%	CL A	G98239109
HCM	HUTCHISON CHINA MEDITECH LTD	57,200	$1.434M	0.2%	$22.00	—	SPONSORED ADR	44842L103
CNO	CNO FINL GROUP INC	67,815	$1.229M	0.2%	$14.78	0.0%	COM	12621E103
UAL	UNITED AIRLINES HLDGS INC	12,745	$1.123M	0.1%	$89.75	0.0%	COM	910047109
BILL	BILL COM HLDGS INC	20,000	$761K	0.1%	$37.97	0.0%	COM	090043100
PI	IMPINJ INC	25,000	$647K	0.1%	$31.09	0.0%	COM	453204109