Crescent Park Management, L.P. Hedge Fund

Period: Q4 2025 (← Previous)

Filing Date: Feb 13, 2026

Total Value ($000): $163,579 (100.0% shares, 0.0% debt)

Holdings (30)

New Positions (1)

Value ($000) $372 Shares 17,200 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OUST	OUSTER INC	17,200	$372	0.2%	—	—	CALL	68989M202

Increased Positions (3)

CMG CHIPOTLE MEXICAN GRILL INC 3.5%

Value ($000) $5,645 (-4.5%) Shares 152,581 (+1.2%) Est. Cost $44.92 Unrealized -19.5%

AUR AURORA INNOVATION INC 0.3%

Value ($000) $454 (-27.3%) Shares 118,300 (+2.1%) Est. Cost — Unrealized —

BLND BLEND LABS INC 0.3%

Value ($000) $417 (+51.1%) Shares 137,316 (+81.4%) Est. Cost $3.41 Unrealized -6.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CMG	CHIPOTLE MEXICAN GRILL INC	152,581 (+1.2%)	$5,645 (-4.5%)	3.5%	$44.92	-19.5%	COM	169656105
AUR	AURORA INNOVATION INC	118,300 (+2.1%)	$454 (-27.3%)	0.3%	—	—	CALL	051774107
BLND	BLEND LABS INC	137,316 (+81.4%)	$417 (+51.1%)	0.3%	$3.41	-6.6%	CL A	09352U108

Exited Positions (6)

CCC CCC INTELLIGENT SOLUTIONS HL 8.8%

Value ($000) $14,321 Shares 1,571,967 Est. Cost $10.09 Unrealized -19.4%

SBAC SBA COMMUNICATIONS CORP NEW 7.2%

Value ($000) $11,736 Shares 60,700 Est. Cost $210.21 Unrealized -8.3%

NABL N-ABLE INC 5.8%

Value ($000) $9,477 Shares 1,215,057 Est. Cost $10.44 Unrealized -26.9%

BJ BJS WHSL CLUB HLDGS INC 2.1%

Value ($000) $3,442 Shares 36,911 Est. Cost $108.49 Unrealized -15.4%

SPY SPDR S&P 500 ETF TR 1.6%

Value ($000) $2,579 Shares 3,872 Est. Cost $571.29 Unrealized —

BLNK BLINK CHARGING CO 0.0%

Value ($000) $1 Shares 400 Est. Cost $1.11 Unrealized +30.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CCC	CCC INTELLIGENT SOLUTIONS HL	1,571,967	$14,321	8.8%	$10.09	-19.4%	—	12510Q100
SBAC	SBA COMMUNICATIONS CORP NEW	60,700	$11,736	7.2%	$210.21	-8.3%	—	78410G104
NABL	N-ABLE INC	1,215,057	$9,477	5.8%	$10.44	-26.9%	—	62878D100
BJ	BJS WHSL CLUB HLDGS INC	36,911	$3,442	2.1%	$108.49	-15.4%	—	05550J101
SPY	SPDR S&P 500 ETF TR	3,872	$2,579	1.6%	$571.29	—	—	78462F103
BLNK	BLINK CHARGING CO	400	$1	0.0%	$1.11	+30.2%	—	09354A100

Decreased Positions (22)

AVGO BROADCOM INC 19.4%

Value ($000) $31,707 (-24.8%) Shares 91,612 (-28.3%) Est. Cost $143.01 Unrealized +149.6%

CLBT CELLEBRITE DI LTD 0.3%

Value ($000) $423 (-92.8%) Shares 23,449 (-92.6%) Est. Cost $15.02 Unrealized +19.6%

DASH DOORDASH INC 6.7%

Value ($000) $10,952 (-27.0%) Shares 48,359 (-12.3%) Est. Cost $78.25 Unrealized +199.7%

WDAY WORKDAY INC 4.3%

Value ($000) $6,978 (-31.9%) Shares 32,490 (-23.6%) Est. Cost $236.60 Unrealized -4.0%

GTM ZOOMINFO TECHNOLOGIES INC 3.5%

Value ($000) $5,778 (-29.6%) Shares 568,121 (-24.5%) Est. Cost $10.50 Unrealized -2.0%

PCOR PROCORE TECHNOLOGIES INC 7.5%

Value ($000) $12,189 (-16.5%) Shares 167,566 (-16.3%) Est. Cost $62.06 Unrealized +19.2%

VVV VALVOLINE INC 1.9%

Value ($000) $3,082 (-25.4%) Shares 106,063 (-7.8%) Est. Cost $34.96 Unrealized -8.2%

AMZN AMAZON COM INC 9.1%

Value ($000) $14,816 (-6.3%) Shares 64,187 (-10.9%) Est. Cost $127.37 Unrealized +79.6%

FUBO FUBOTV INC 0.8%

Value ($000) $1,332 (-41.5%) Shares 528,600 (-3.7%) Est. Cost — Unrealized —

GDDY GODADDY INC 3.8%

Value ($000) $6,263 (-12.7%) Shares 50,472 (-3.7%) Est. Cost $72.04 Unrealized +79.6%

BLNK BLINK CHARGING CO 0.1%

Value ($000) $204 (-79.8%) Shares 305,600 (-50.4%) Est. Cost $1.11 Unrealized +30.2%

FN FABRINET 3.3%

Value ($000) $5,418 (+11.7%) Shares 11,900 (-10.5%) Est. Cost — Unrealized —

DBRG DIGITALBRIDGE GROUP INC 3.7%

Value ($000) $6,108 (-7.6%) Shares 398,147 (-29.5%) Est. Cost $10.38 Unrealized +15.7%

AEVA AEVA TECHNOLOGIES INC 0.3%

Value ($000) $542 (-45.1%) Shares 40,800 (-40.1%) Est. Cost — Unrealized —

AMC AMC ENTMT HLDGS INC 0.2%

Value ($000) $366 (-50.9%) Shares 234,300 (-8.8%) Est. Cost — Unrealized —

BLDR BUILDERS FIRSTSOURCE INC 1.1%

Value ($000) $1,739 (-17.3%) Shares 16,903 (-2.6%) Est. Cost $132.67 Unrealized -15.3%

EVGO EVGO INC 0.3%

Value ($000) $452 (-44.5%) Shares 155,300 (-9.7%) Est. Cost — Unrealized —

NVDA NVIDIA CORPORATION 2.9%

Value ($000) $4,704 (-6.7%) Shares 25,223 (-6.7%) Est. Cost $128.20 Unrealized +45.2%

RIVN RIVIAN AUTOMOTIVE INC 1.0%

Value ($000) $1,591 (+21.3%) Shares 80,700 (-9.6%) Est. Cost — Unrealized —

LUMN LUMEN TECHNOLOGIES INC 3.5%

Value ($000) $5,745 (-3.2%) Shares 739,400 (-23.8%) Est. Cost — Unrealized —

TSM TAIWAN SEMICONDUCTOR MFG LTD 2.3%

Value ($000) $3,723 (+2.2%) Shares 12,251 (-6.1%) Est. Cost $181.93 Unrealized —

APO APOLLO GLOBAL MGMT INC 2.0%

Value ($000) $3,307 (-0.0%) Shares 22,845 (-8.0%) Est. Cost $82.19 Unrealized +61.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AVGO	BROADCOM INC	91,612 (-28.3%)	$31,707 (-24.8%)	19.4%	$143.01	+149.6%	COM	11135F101
CLBT	CELLEBRITE DI LTD	23,449 (-92.6%)	$423 (-92.8%)	0.3%	$15.02	+19.6%	ORDINARY SHARES	M2197Q107
DASH	DOORDASH INC	48,359 (-12.3%)	$10,952 (-27.0%)	6.7%	$78.25	+199.7%	CL A	25809K105
WDAY	WORKDAY INC	32,490 (-23.6%)	$6,978 (-31.9%)	4.3%	$236.60	-4.0%	CL A	98138H101
GTM	ZOOMINFO TECHNOLOGIES INC	568,121 (-24.5%)	$5,778 (-29.6%)	3.5%	$10.50	-2.0%	COMMON STOCK	98980F104
PCOR	PROCORE TECHNOLOGIES INC	167,566 (-16.3%)	$12,189 (-16.5%)	7.5%	$62.06	+19.2%	COM	74275K108
VVV	VALVOLINE INC	106,063 (-7.8%)	$3,082 (-25.4%)	1.9%	$34.96	-8.2%	COM	92047W101
AMZN	AMAZON COM INC	64,187 (-10.9%)	$14,816 (-6.3%)	9.1%	$127.37	+79.6%	COM	023135106
FUBO	FUBOTV INC	528,600 (-3.7%)	$1,332 (-41.5%)	0.8%	—	—	CALL	35953D104
GDDY	GODADDY INC	50,472 (-3.7%)	$6,263 (-12.7%)	3.8%	$72.04	+79.6%	CL A	380237107
BLNK	BLINK CHARGING CO	305,600 (-50.4%)	$204 (-79.8%)	0.1%	$1.11	+30.2%	CALL	09354A100
FN	FABRINET	11,900 (-10.5%)	$5,418 (+11.7%)	3.3%	—	—	CALL	G3323L100
DBRG	DIGITALBRIDGE GROUP INC	398,147 (-29.5%)	$6,108 (-7.6%)	3.7%	$10.38	+15.7%	CL A NEW	25401T603
AEVA	AEVA TECHNOLOGIES INC	40,800 (-40.1%)	$542 (-45.1%)	0.3%	—	—	CALL	00835Q202
AMC	AMC ENTMT HLDGS INC	234,300 (-8.8%)	$366 (-50.9%)	0.2%	—	—	CALL	00165C302
BLDR	BUILDERS FIRSTSOURCE INC	16,903 (-2.6%)	$1,739 (-17.3%)	1.1%	$132.67	-15.3%	COM	12008R107
EVGO	EVGO INC	155,300 (-9.7%)	$452 (-44.5%)	0.3%	—	—	CALL	30052F100
NVDA	NVIDIA CORPORATION	25,223 (-6.7%)	$4,704 (-6.7%)	2.9%	$128.20	+45.2%	COM	67066G104
RIVN	RIVIAN AUTOMOTIVE INC	80,700 (-9.6%)	$1,591 (+21.3%)	1.0%	—	—	CALL	76954A103
LUMN	LUMEN TECHNOLOGIES INC	739,400 (-23.8%)	$5,745 (-3.2%)	3.5%	—	—	CALL	550241103
TSM	TAIWAN SEMICONDUCTOR MFG LTD	12,251 (-6.1%)	$3,723 (+2.2%)	2.3%	$181.93	—	SPONSORED ADS	874039100
APO	APOLLO GLOBAL MGMT INC	22,845 (-8.0%)	$3,307 (-0.0%)	2.0%	$82.19	+61.3%	COM	03769M106

Unchanged Positions (4)

WIX WIX COM LTD 7.1%

Value ($000) $11,558 Shares 111,248 Est. Cost $116.04 Unrealized +4.2%

PSKY PARAMOUNT SKYDANCE CORP 1.2%

Value ($000) $1,968 Shares 146,900 Est. Cost — Unrealized —

LCID LUCID GROUP INC 0.2%

Value ($000) $375 Shares 35,520 Est. Cost — Unrealized —

KKR KKR & CO INC 9.4%

Value ($000) $15,372 Shares 120,581 Est. Cost $34.13 Unrealized +264.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WIX	WIX COM LTD	111,248	$11,558	7.1%	$116.04	+4.2%	SHS	M98068105
PSKY	PARAMOUNT SKYDANCE CORP	146,900	$1,968	1.2%	—	—	CALL	69932A204
LCID	LUCID GROUP INC	35,520	$375	0.2%	—	—	CALL	549498202
KKR	KKR & CO INC	120,581	$15,372	9.4%	$34.13	+264.2%	COM	48251W104