Crestline Management, L.P. — 13F Holdings & Portfolio
CIK 1536054 · latest 13F-HR filed 2026-08-14
Crestline Management, L.P. manages $53.5M in 13F-reported U.S. long-equity assets across 3 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DNLI (91.90%), SANA (4.93%), EGHT (3.17%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 0 new positions and exited 0; 2 existing positions rose in reported value and 0 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
Loading holdings…
AUM
$53.5M
Long-equity book
Holdings
3
Distinct positions
Period
2026-06-30
Filed 2026-08-14
Q/Q Activity
+0 / −0 / ↑2 / ↓0
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 100%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Aug 28, 2026.
Assets Under Management
$22.51B
Discretionary
$22.51B
Employees
195
Accounts
135
Address
201 MAIN STREET
SUITE 2100
FORT WORTH, TX 76102-3135
SUITE 2100
FORT WORTH, TX 76102-3135
Phone
(817) 339-7600
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| COCHRAN, JOHN, S. Control | CHIEF OPERATIONS OFFICER since Jun 2001 | Less than 5% | Individual |
| PAYAN, JESUS, HUMBERTO Control | CHIEF LEGAL OFFICER since Jan 2007 | Less than 5% | Individual |
| RAM INVESTOR GP LLC Control | GENERAL PARTNER since Dec 2025 | Less than 5% | Domestic Entity |
| RITHM CRESTLINE HOLDINGS LLC Control | LIMITED PARTNER CL A since Dec 2025 | 75% or more | Domestic Entity |
| ROBERTS, PAULA, BATY Control | CHIEF COMPLIANCE OFFICER since Mar 2017 | Less than 5% | Individual |
| SASSMAN, CAMILLE Control | CHIEF FINANCIAL OFFICER since Jan 2012 | Less than 5% | Individual |
| Williams, Keith, Frederick Control | CHIEF INVESTMENT OFFICER since May 2016 | Less than 5% | Individual |
| NRZ MBN ISSUER HOLDINGS LLC Control Indirect owner via RITHM ASSET MANAGEMENT LLC | SOLE MEMBER since Jun 2025 | 75% or more | Domestic Entity |
| RITHM ASSET MANAGEMENT LLC Control Indirect owner via RITHM CRESTLINE HOLDINGS LLC | SOLE MEMBER since Dec 2025 | 75% or more | Domestic Entity |
| RITHM CAPITAL CORP. Control Indirect owner via RITHM CAPITAL MANAGEMENT LLC | MEMBER since Nov 2022 | 75% or more | Domestic Entity |
| RITHM CAPITAL MANAGEMENT LLC Control Indirect owner via NRZ MBN ISSUER HOLDINGS LLC | SOLE MEMBER since Feb 2024 | 75% or more | Domestic Entity |
Ownership & leadership changes · 14 filings with changes since Mar 30, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Dec 23, 2025 filing
- No longer listedAGAPEKLADI GENPAR, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via AGAPEKLADI, L.P. · listed since Oct 2019
- No longer listedAGAPEKLADI, L.P. · LIMITED PARTNER · Less than 5% · listed since Oct 2019
- No longer listedAKB MANAGEMENT TRUST · MEMBER · General partner, trustee or manager · indirect via AGAPEKLADI GENPAR, LLC · listed since Oct 2019
- No longer listedAKB MANAGEMENT TRUST · LIMITED PARTNER · 75% or more · indirect via AGAPEKLADI, L.P. · listed since Oct 2019
- No longer listedBASS, EDWARD · MEMBER · 75% or more · indirect via FINE LINE GP LLC · listed since Jul 2005
- No longer listedBASS, EDWARD · LIMITED PARTNER · 75% or more · indirect via FINE LINE L.P. · listed since Jul 2005
- No longer listedBRATTON, DOUGLAS, KELVIN · SOLE SHAREHOLDER · 75% or more · indirect via CRESTLINE INVESTORS, INC. · control person · listed since Dec 1997
- No longer listedBRATTON, DOUGLAS, KELVIN · LIMITED PARTNER/CEO/PRESIDENT · 10–25% · control person · listed since Jan 1998
- No longer listedBRATTON, DOUGLAS, KELVIN · TRUSTEE · General partner, trustee or manager · indirect via MB MANAGEMENT TRUST · listed since Dec 2016
- No longer listedBRATTON, DOUGLAS, KELVIN · TRUSTEE · General partner, trustee or manager · indirect via AKB MANAGEMENT TRUST · listed since Oct 2019
- No longer listedCOCHRAN FAMILY PARTNERS, L.P. · LIMITED PARTNER · 5–10% · control person · listed since Jul 2021
- No longer listedCOCHRAN, DAWN, SHEREE · LIMITED PARTNER · 25–50% · indirect via COCHRAN FAMILY PARTNERS, L.P. · listed since Jul 2021
- No longer listedCOCHRAN, DAWN, SHEREE · LIMITED PARTNER · 50–75% · indirect via JDC PARTNERS, LLC · listed since Jul 2021
- No longer listedCOCHRAN, JOHN, S. · LIMITED PARTNER · 25–50% · indirect via COCHRAN FAMILY PARTNERS, L.P. · listed since Jul 2021
- No longer listedCOCHRAN, JOHN, S. · LIMITED PARTNER · 50–75% · indirect via JDC PARTNERS, LLC · listed since Jul 2021
- No longer listedCOOLEY, CAROLINE, ANN · LIMITED PARTNER · 5–10% · control person · listed since Jun 2001
- No longer listedCRESTLINE INVESTORS, INC. · GENERAL PARTNER · Less than 5% · control person · listed since Jan 1998
- No longer listedFINE LINE GP LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via FINE LINE L.P. · listed since Jul 2005
- No longer listedFINE LINE L.P. · LIMITED PARTNER · 75% or more · indirect via THRU LINE, L.P. · listed since Jul 2005
- No longer listedFINE LINE L.P. · MEMBER · 75% or more · indirect via THRU LINE GP LLC · listed since Jul 2005
- No longer listedGUY, MICHAEL, BENWICK · PARTNER · Less than 5% · control person · listed since Nov 2024
- No longer listedJDC PARTNERS, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via COCHRAN FAMILY PARTNERS, L.P. · listed since Jul 2021
- No longer listedJORDAN, FRANK, BATTON · LIMITED PARTNER · Less than 5% · control person · listed since Jan 2020
- No longer listedLIGHT TREE, L.P. · LIMITED PARTNER · Less than 5% · listed since Dec 2016
- No longer listedMB MANAGEMENT TRUST · MEMBER · General partner, trustee or manager · indirect via PARHELION GROWTH, LLC · listed since Dec 2016
- and 16 more
Mar 31, 2025 filing
- No longer listedBOW 'N ARROW PARTNERS, L.P. · LIMITED PARTNER · Less than 5% · listed since Jul 2006
- No longer listedBOW'N ARROW GENPAR, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via BOW'N ARROW PARTNERS, L.P. · listed since Apr 2007
- No longer listedBOWEN, MARTIN, COLEMAN · MEMBER · 75% or more · indirect via BOW'N ARROW GENPAR, LLC · listed since Apr 2007
- AddedGUY, MICHAEL, BENWICK · PARTNER · Less than 5% · control person
May 30, 2024 filing
- AddedPALMER, WILLIAM, E · LIMITED PARTNER · Less than 5% · control person
- ChangedCOCHRAN, JOHN, S. · title CHIEF OPERATIONS OFFICER → LIMITED PARTNER/CHIEF OPERATIONS OFFICER
- ChangedPAYAN, JESUS, HUMBERTO · title CHIEF LEGAL OFFICER → LIMITED PARTNER/CHIEF LEGAL OFFICER
Mar 31, 2023 filing
- ChangedBRATTON, DOUGLAS, KELVIN · ownership 25–50% → 10–25%
May 27, 2022 filing
- ChangedCOCHRAN, JOHN, S. · title COO → CHIEF OPERATIONS OFFICER
- ChangedCOOLEY, CAROLINE, ANN · title VICE-PRESIDENT → LIMITED PARTNER
- ChangedJORDAN, FRANK, BATTON · title PARTNER → LIMITED PARTNER
- ChangedPHILIPP, DAVID, BF · title PARTNER → LIMITED PARTNER
- ChangedSEMPLE, CHRISTOPHER, J · title PARTNER → LIMITED PARTNER
- ChangedWilliams, Keith, Frederick · title MANAGING DIRECTOR → LIMITED PARTNER/CO-CIO
Aug 27, 2021 filing
- AddedCOCHRAN FAMILY PARTNERS, L.P. · LIMITED PARTNER · 5–10% · control person
- AddedCOCHRAN, DAWN, SHEREE · LIMITED PARTNER · 25–50% · indirect via COCHRAN FAMILY PARTNERS, L.P.
- AddedCOCHRAN, DAWN, SHEREE · LIMITED PARTNER · 50–75% · indirect via JDC PARTNERS, LLC
- AddedCOCHRAN, JOHN, S. · LIMITED PARTNER · 25–50% · indirect via COCHRAN FAMILY PARTNERS, L.P.
- AddedCOCHRAN, JOHN, S. · LIMITED PARTNER · 50–75% · indirect via JDC PARTNERS, LLC
- AddedJDC PARTNERS, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via COCHRAN FAMILY PARTNERS, L.P.
- AddedPHILIPP, DAVID, BF · PARTNER · Less than 5% · control person
- ChangedCOCHRAN, JOHN, S. · ownership 5–10% → Less than 5%
Feb 28, 2020 filing
- No longer listedALEXANDRA KENT BRATTON 1994 TRUST · LIMITED PARTNER · Less than 5% · listed since Jul 2006
- No longer listedBRATTON, ANNE, MARIE · TRUSTEE · General partner, trustee or manager · indirect via ALEXANDRA KENT BRATTON 1994 TRUST · listed since Oct 1994
- AddedAGAPEKLADI GENPAR, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via AGAPEKLADI, L.P.
- AddedAGAPEKLADI, L.P. · LIMITED PARTNER · Less than 5%
- AddedAKB MANAGEMENT TRUST · MEMBER · General partner, trustee or manager · indirect via AGAPEKLADI GENPAR, LLC
- AddedAKB MANAGEMENT TRUST · LIMITED PARTNER · 75% or more · indirect via AGAPEKLADI, L.P.
- AddedBRATTON, DOUGLAS, KELVIN · TRUSTEE · General partner, trustee or manager · indirect via AKB MANAGEMENT TRUST
- AddedJORDAN, FRANK, BATTON · PARTNER · Less than 5% · control person
Mar 29, 2019 filing
- ChangedALEXANDRA KENT BRATTON 1994 TRUST · ownership 5–10% → Less than 5%
- ChangedBOW 'N ARROW PARTNERS, L.P. · ownership 5–10% → Less than 5%
- ChangedCOCHRAN, JOHN, S. · ownership Less than 5% → 5–10%
- ChangedCOOLEY, CAROLINE, ANN · ownership Less than 5% → 5–10%
- ChangedLIGHT TREE, L.P. · ownership 5–10% → Less than 5%
Aug 29, 2018 filing
- AddedSEMPLE, CHRISTOPHER, J · PARTNER · Less than 5% · control person
Mar 1, 2018 filing
- ChangedMB MANAGEMENT TRUST · indirect via LIGHT TREE, L.P.: ownership General partner, trustee or manager → 75% or more
Older changes (5 more filings)
May 30, 2017 filing
- No longer listedBRATTON, ANNE, MARIE · TRUSTEE · General partner, trustee or manager · indirect via MILES ELLIS BRATTON 2005 TRUST · listed since Feb 2005
- No longer listedMILES ELLIS BRATTON 2005 TRUST · LIMITED PARTNER · 5–10% · listed since Jul 2006
- AddedBRATTON, DOUGLAS, KELVIN · TRUSTEE · General partner, trustee or manager · indirect via MB MANAGEMENT TRUST
- AddedLIGHT TREE, L.P. · LIMITED PARTNER · 5–10%
- AddedMB MANAGEMENT TRUST · MEMBER · General partner, trustee or manager · indirect via PARHELION GROWTH, LLC
- AddedMB MANAGEMENT TRUST · LIMITED PARTNER · General partner, trustee or manager · indirect via LIGHT TREE, L.P.
- AddedPARHELION GROWTH, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via LIGHT TREE, L.P.
- AddedWilliams, Keith, Frederick · MANAGING DIRECTOR · Less than 5% · control person
Mar 31, 2017 filing
- AddedROBERTS, PAULA, BATY · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedPAYAN, JESUS, HUMBERTO · title CHIEF LEGAL OFFICER AND CCO → CHIEF LEGAL OFFICER
Mar 30, 2016 filing
- AddedBASS, EDWARD · MEMBER · 75% or more · indirect via FINE LINE GP LLC
- AddedBASS, EDWARD · LIMITED PARTNER · 75% or more · indirect via FINE LINE L.P.
- AddedFINE LINE GP LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via FINE LINE L.P.
- AddedFINE LINE L.P. · LIMITED PARTNER · 75% or more · indirect via THRU LINE, L.P.
- AddedFINE LINE L.P. · MEMBER · 75% or more · indirect via THRU LINE GP LLC
- AddedSASSMAN, CAMILLE · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- AddedTHRU LINE GP LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via THRU LINE, L.P.
- AddedTHRU LINE, L.P. · LIMITED PARTNER · 25–50%
- ChangedALEXANDRA KENT BRATTON 1994 TRUST · ownership 10–25% → 5–10%
- ChangedBOW 'N ARROW PARTNERS, L.P. · ownership 10–25% → 5–10%
- ChangedBRATTON, DOUGLAS, KELVIN · ownership 50–75% → 25–50%
- ChangedCOCHRAN, JOHN, S. · title CFO/VICE PRESIDENT → COO; ownership 5–10% → Less than 5%
- ChangedCOOLEY, CAROLINE, ANN · ownership 5–10% → Less than 5%
- ChangedMILES ELLIS BRATTON 2005 TRUST · ownership 10–25% → 5–10%
- ChangedPAYAN, JESUS, HUMBERTO · title CHIEF COMPLIANCE OFFICER → CHIEF LEGAL OFFICER AND CCO
Mar 31, 2014 filing
- ChangedBOW'N ARROW GENPAR, LLC · indirect via BOW'N ARROW PARTNERS, L.P.: no longer a control person
- ChangedBOWEN, MARTIN, COLEMAN · indirect via BOW'N ARROW GENPAR, LLC: no longer a control person
- ChangedBRATTON, ANNE, MARIE · indirect via MILES ELLIS BRATTON 2005 TRUST: no longer a control person
- ChangedBRATTON, ANNE, MARIE · indirect via ALEXANDRA KENT BRATTON 1994 TRUST: no longer a control person
Mar 30, 2012 filing (earliest on record)
- ListedALEXANDRA KENT BRATTON 1994 TRUST · LIMITED PARTNER · 10–25%
- ListedBOW 'N ARROW PARTNERS, L.P. · LIMITED PARTNER · 10–25%
- ListedBOW'N ARROW GENPAR, LLC · GENERAL PARTNER · General partner, trustee or manager · indirect via BOW'N ARROW PARTNERS, L.P. · control person
- ListedBOWEN, MARTIN, COLEMAN · MEMBER · 75% or more · indirect via BOW'N ARROW GENPAR, LLC · control person
- ListedBRATTON, ANNE, MARIE · TRUSTEE · General partner, trustee or manager · indirect via MILES ELLIS BRATTON 2005 TRUST · control person
- ListedBRATTON, ANNE, MARIE · TRUSTEE · General partner, trustee or manager · indirect via ALEXANDRA KENT BRATTON 1994 TRUST · control person
- ListedBRATTON, DOUGLAS, KELVIN · SOLE SHAREHOLDER · 75% or more · indirect via CRESTLINE INVESTORS, INC. · control person
- ListedBRATTON, DOUGLAS, KELVIN · LIMITED PARTNER/CEO/PRESIDENT · 50–75% · control person
- ListedCOCHRAN, JOHN, S. · CFO/VICE PRESIDENT · 5–10% · control person
- ListedCOOLEY, CAROLINE, ANN · VICE-PRESIDENT · 5–10% · control person
- ListedCRESTLINE INVESTORS, INC. · GENERAL PARTNER · Less than 5% · control person
- ListedMILES ELLIS BRATTON 2005 TRUST · LIMITED PARTNER · 10–25%
- ListedPAYAN, JESUS, HUMBERTO · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- DENALI THERAPEUTICS INC$6.7M +15.8%
- SANA BIOTECHNOLOGY INC$461.1K +21.2%
Crestline Management, L.P. Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $53.5M | 3 | 0001315863-26-000592 |
| 2026-03-31 | 2026-05-15 | $46.3M | 3 | 0001315863-26-000422 |
| 2026-03-31 | 2026-05-15 | $46.3M | 3 | 0001315863-26-000412 |
| 2025-12-31 | 2026-02-17 | $53.3M | 3 | 0001315863-26-000165 |
| 2025-09-30 | 2025-11-14 | $58.1M | 3 | 0001315863-25-000800 |
Filer Information
Address
201 MAIN STREETSUITE 2100
FORT WORTH, TX 76102
Phone
(817) 339-7483
Filing Manager
Crestline Management, L.P.
FORT WORTH, TX
Signatory
John S. Cochran
Vice President