Top 5 Stock Picks of Eli Cohen’s Crescent Park Management

2. Starz Acquisition LLC (NASDAQ:STRZA)

Crescent Park Management’s Stake Value: $51,715,000
Percentage of Crescent Park Management’s 13F Portfolio: 8.41%
Number of Hedge Fund Holders: 16

In November 2021, Lions Gate Entertainment Corp. (NYSE:LGF-A) purchased Starz Acquisition LLC (NASDAQ:STRZA), a media and entertainment firm, for $4.4 billion. This agreement will allow Lions Gate to expand its global distribution capabilities and boost its position in the high-end scripted television industry.

With 1.02 million shares valued at $51.72 million, Starz Acquisition LLC (NASDAQ:STRZA) is one of the top picks of Eli Cohen’s Crescent Park Management. The hedge fund has trimmed its stake in Starz Acquisition LLC (NASDAQ:STRZA) by 10% in the fourth quarter of 2021. At the end of Q1, Markel Gayner Asset Management was the leading shareholder of Starz Acquisition LLC (NASDAQ:STRZA), holding 522,000 shares, worth $23.87 million.