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Asset Manager ← All Institutions

Kerrisdale Advisers, LLC

Q4 2025 · Filed 2026-02-17
Market Value
$202M
+8.6%
Holdings
83
+9
New Purchases
10
Added To
11
Closed
10
Reduced
18
Top 10 Concentration
57.8%
Turnover
24.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TDS 10.29% 0.00% +10.29% $21M
SYY 7.72% 4.50% +3.22% $16M
MELI 8.55% 6.39% +2.17% $17M
LRN 1.92% 0.00% +1.92% $4M
KVUE 2.94% 1.44% +1.51% $6M
ACMR 5.15% 3.72% +1.43% $10M
LGN 1.31% 0.00% +1.31% $3M
SNPS 1.96% 0.87% +1.09% $4M
ETN 0.76% 0.00% +0.76% $2M
LBRT 0.58% 0.00% +0.58% $1M
GTLB 0.48% 0.00% +0.48% $964K
CART 1.63% 1.32% +0.31% $3M
GFF 0.26% 0.00% +0.26% $527K
FI 0.25% 0.00% +0.25% $513K
SNAP 0.16% 0.00% +0.16% $314K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NE 2.07% 5.36% -3.29% $4M
STX 0.78% 3.82% -3.04% $2M
SHC 4.87% 6.74% -1.87% $10M
WDC 0.97% 2.74% -1.77% $2M
FTRE 0.00% 1.62% -1.62% $0
UNH 0.95% 2.42% -1.47% $2M
IMXI 0.00% 1.42% -1.42% $0
VAL 1.25% 2.56% -1.31% $3M
ZM 1.62% 2.87% -1.26% $3M
DAVA 1.78% 2.83% -1.05% $4M
ADBE 0.00% 0.72% -0.72% $0
CCJ 0.44% 1.15% -0.71% $883K
CPNG 1.28% 1.89% -0.62% $3M
AMTM 0.00% 0.51% -0.51% $0
CRON 0.22% 0.70% -0.48% $452K

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $37M 18.3%
Large Cap 26 $75M 37.3%
Mid Cap 33 $80M 39.9%
Small Cap 8 $3M 1.6%
Micro Cap 8 $6M 2.8%

Portfolio Analytics

Avg Market Cap
$185.4B
Median Market Cap
$8.3B
Avg P/E
42.6
Median P/E
29.4
Avg Dividend Yield
0.01%
Avg Beta
1.09
# Stocks
82
# ETFs / Funds
1

Top Holdings (83 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TDS 10.29% 506,067 $21M $41.00 +506,067 NEW
2 MELI 8.55% 8,564 $17M $2,014.26 $5M +3,488 +68.7%
3 SYY 7.72% 211,229 $16M $73.69 $7M +109,806 +108.3%
4 V 6.86% 39,472 $14M $350.71 $303K -192 -0.5%
5 ACMR 5.15% 263,482 $10M $39.45 $3M +86,901 +49.2%
6 SHC 4.87% 556,854 $10M $17.64 -$3M -238,458 -30.0%
7 AMZN 4.74% 41,371 $10M $230.82 $810K +1,570 +3.9%
8 GOOGL 4.56% 29,387 $9M $313.00 $950K -4,540 -13.4%
9 KVUE 2.94% 343,837 $6M $17.25 $3M +179,617 +109.4%
10 NE 2.07% 147,621 $4M $28.24 -$6M -204,364 -58.1%
11 SNPS 1.96% 8,406 $4M $469.72 $2M +5,143 +157.6%
12 LRN 1.92% 59,665 $4M $64.93 +59,665 NEW
13 UNP 1.88% 16,402 $4M $231.32 -$83K
14 APPF 1.85% 16,016 $4M $232.65 -$348K +1,238 +8.4%
15 DAVA 1.78% 567,416 $4M $6.32 -$2M -9,427 -1.6%
16 ZI 1.76% 348,428 $4M $10.17 -$258K
17 CART 1.63% 73,040 $3M $44.98 $839K +6,495 +9.8%
18 ZM 1.62% 37,799 $3M $86.29 -$2M -26,880 -41.6%
19 DEO 1.33% 31,133 $3M $86.27 -$285K
20 LGN 1.31% 61,495 $3M $43.04 +61,495 NEW
21 UHAL-B 1.28% 55,241 $3M $46.74 -$230K
22 CPNG 1.28% 109,085 $3M $23.59 -$939K
23 VAL 1.25% 50,024 $3M $50.40 -$2M -47,311 -48.6%
24 WMG 1.01% 66,530 $2M $30.67 -$226K
25 RTO 1.00% 68,778 $2M $29.46 $290K
26 ON 1.00% 37,210 $2M $54.15 $180K
27 MU 0.98% 6,942 $2M $285.41 -$538K -8,117 -53.9%
28 WDC 0.97% 11,384 $2M $172.27 -$3M -31,070 -73.2%
29 UNH 0.95% 5,828 $2M $330.11 -$3M -7,192 -55.2%
30 ATKR 0.88% 28,074 $2M $63.25 $14K
31 STX 0.78% 5,724 $2M $275.39 -$6M -24,334 -81.0%
32 ETN 0.76% 4,797 $2M $318.51 +4,797 NEW
33 WAB 0.73% 6,925 $1M $213.45 $16K -370 -5.1%
34 JOE 0.71% 23,990 $1M $59.37 $237K
35 FOXF 0.70% 82,979 $1M $17.11 $33K +25,885 +45.3%
36 KEYS 0.67% 6,613 $1M $203.19 $187K
37 PBR 0.65% 111,126 $1M $11.85 -$90K
38 HSIC 0.60% 16,026 $1M $75.58 $148K
39 KNX 0.59% 22,587 $1M $52.28 $288K
40 LBRT 0.58% 63,805 $1M $18.46 +63,805 NEW
41 KSPI 0.53% 13,665 $1M $78.13 -$49K
42 GTLB 0.48% 25,685 $964K $37.53 +25,685 NEW
43 CRL 0.45% 4,593 $916K $199.48 -$251K -2,865 -38.4%
44 PMTS 0.44% 60,796 $892K $14.68 -$28K
45 CCJ 0.44% 9,655 $883K $91.49 -$1M -15,735 -62.0%
46 BAH 0.40% 9,452 $797K $84.36 -$147K
47 PERI 0.36% 75,563 $724K $9.58 -$2K
48 KFY 0.34% 10,488 $692K $66.02 -$42K
49 EC 0.34% 67,555 $677K $10.02 $55K
50 UHAL 0.32% 12,714 $641K $50.41 -$85K
51 CC 0.31% 52,401 $618K $11.79 $118K +20,838 +66.0%
52 GFF 0.26% 7,150 $527K $73.65 +7,150 NEW
53 OBE 0.26% 84,060 $515K $6.13 -$34K
54 FI 0.25% 7,630 $513K $67.17 +7,630 NEW
55 LQDA 0.25% 14,820 $511K $34.49 $290K +5,095 +52.4%
56 NXE 0.23% 50,883 $468K $9.20 $13K
57 CRON 0.22% 171,886 $452K $2.63 -$851K -296,900 -63.3%
58 HDSN 0.20% 57,622 $395K $6.85 -$242K -6,478 -10.1%
59 RDDT 0.20% 1,715 $394K $229.87 -$206
60 SNAP 0.16% 38,900 $314K $8.07 +38,900 NEW
61 AVAL 0.15% 75,000 $304K $4.05 $56K
62 OXY 0.14% 7,050 $290K $41.12 -$43K
63 TENB 0.14% 11,720 $276K $23.53 -$66K
64 MSFT 0.14% 567 $274K $483.62 -$42K -44 -7.2%
65 RCMT 0.13% 12,891 $264K $20.45 -$79K
66 NMM 0.12% 4,590 $241K $52.43 $34K
67 DNN 0.11% 86,800 $231K $2.66 -$8K
68 RICK 0.11% 9,253 $221K $23.84 +9,253 NEW
69 SSTK 0.10% 10,765 $206K $19.10 -$19K
70 BABA 0.10% 1,366 $200K $146.58 -$131K -490 -26.4%
71 BOOM 0.07% 20,492 $137K $6.69 -$36K
72 PRTS 0.06% 252,495 $126K $0.50 -$53K
73 LESL 0.02% 23,811 $39K $1.65 -$92K
74 FTRE —% -$3M -358,191 -100.0% SOLD
75 PII —% -$818K -14,065 -100.0% SOLD
76 IMXI —% -$3M -189,288 -100.0% SOLD
77 DELL —% -$361K -2,543 -100.0% SOLD
78 FIGS —% -$130K -19,407 -100.0% SOLD
79 AMTM —% -$947K -39,520 -100.0% SOLD
80 ADBE —% -$1M -3,802 -100.0% SOLD
81 ACLS —% -$709K -7,265 -100.0% SOLD
82 MSOS —% -$371K -77,470 -100.0% SOLD
83 INTC —% -$574K -17,123 -100.0% SOLD

New Positions

SymbolValue% Port
TDS $21M 10.29%
LRN $4M 1.92%
LGN $3M 1.31%
ETN $2M 0.76%
LBRT $1M 0.58%
GTLB $964K 0.48%
GFF $527K 0.26%
FI $513K 0.25%
SNAP $314K 0.16%
RICK $221K 0.11%

Sold Out Positions

SymbolValue% Port
AMTM —%
PII —%
FIGS —%
IMXI —%
FTRE —%
INTC —%
ADBE —%
ACLS —%
MSOS —%
DELL —%
View SEC EDGAR Filings for Kerrisdale Advisers, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms