Q1 2025 · 13F-HR
Kerrisdale Advisers, LLCholdings as filed
Filed 2025-05-15 · accession 0001172661-25-001941
$239.0M
Reported value
81
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $48.0M | 20.1% | 565,083 | Common | SOLE |
| 92826C839 | V | VISA INC | $15.8M | 6.61% | 45,049 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $12.6M | 5.29% | 6,484 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $12.1M | 5.05% | 115,074 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $10.8M | 4.50% | 56,566 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $10.0M | 4.19% | 64,752 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $9.3M | 3.88% | 795,312 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $8.4M | 3.53% | 112,283 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $7.8M | 3.27% | 329,985 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $7.6M | 3.18% | 20,261 | Common | SOLE |
| 29260V105 | DAVA | ENDAVA PLC | $6.8M | 2.86% | 350,872 | Common | SOLE |
| 126408103 | CSX | CSX CORP | $6.3M | 2.63% | 213,305 | Common | SOLE |
| 05968L102 | CIBEUR | BANCOLOMBIA S A | $5.2M | 2.16% | 128,642 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $5.0M | 2.09% | 214,397 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $4.3M | 1.82% | 58,839 | Common | SOLE |
| 929740108 | WAB | WABTEC | $4.3M | 1.78% | 23,510 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $3.8M | 1.60% | 97,335 | Common | SOLE |
| 023586506 | UHAL/B | U HAUL HOLDING COMPANY | $3.3M | 1.37% | 55,241 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $2.9M | 1.23% | 128,228 | Common | SOLE |
| 98980F104 | GTM | ZOOMINFO TECHNOLOGIES INC | $2.9M | 1.22% | 290,548 | Common | SOLE |
| 46005L101 | IMXI | INTERNATIONAL MNY EXPRESS IN | $2.4M | 1.00% | 189,288 | Common | SOLE |
| 03783C100 | APPF | APPFOLIO INC | $2.1M | 0.90% | 9,748 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $2.1M | 0.87% | 66,530 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $2.1M | 0.87% | 275,321 | Common | SOLE |
| 29414B104 | EPAM | EPAM SYS INC | $2.0M | 0.85% | 12,094 | Common | SOLE |
| 79466L302 | CRM | SALESFORCE INC | $2.0M | 0.83% | 7,384 | Common | SOLE |
| 097023105 | BA | BOEING CO | $1.9M | 0.80% | 11,265 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $1.9M | 0.80% | 86,945 | Common | SOLE |
| 12634H200 | PMTS | CPI CARD GROUP INC | $1.8M | 0.76% | 62,196 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $1.6M | 0.67% | 111,126 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $1.6M | 0.65% | 25,914 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $1.5M | 0.63% | 10,064 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $1.4M | 0.60% | 43,495 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $1.4M | 0.57% | 18,655 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $1.2M | 0.51% | 3,207 | Common | SOLE |
| 499049104 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $1.1M | 0.48% | 26,117 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $1.1M | 0.47% | 23,990 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $1.1M | 0.45% | 25,789 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $1.0M | 0.44% | 25,390 | Common | SOLE |
| M78673114 | PERI | PERION NETWORK LTD | $964,777 | 0.40% | 118,523 | Common | SOLE |
| 902973304 | USB | US BANCORP DEL | $959,914 | 0.40% | 22,736 | Common | SOLE |
| 693475105 | PNC | PNC FINL SVCS GROUP INC | $877,444 | 0.37% | 4,992 | Common | SOLE |
| 35138V102 | FOXF | FOX FACTORY HLDG CORP | $850,370 | 0.36% | 36,434 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $848,503 | 0.36% | 468,786 | Common | SOLE |
| 023586100 | UHAL | U HAUL HOLDING COMPANY | $830,987 | 0.35% | 12,714 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $822,580 | 0.34% | 3,473 | Common | SOLE |
| 500643200 | KFY | KORN FERRY | $711,401 | 0.30% | 10,488 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $705,274 | 0.30% | 67,555 | Common | SOLE |
| 315948109 | FBTC | FIDELITY WISE ORIGIN BITCOIN | $662,988 | 0.28% | 9,212 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $661,682 | 0.28% | 9,661 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $656,038 | 0.27% | 2,777 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $654,702 | 0.27% | 16,090 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $638,470 | 0.27% | 4,263 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $635,413 | 0.27% | 8,851 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $617,375 | 0.26% | 15,080 | Common | SOLE |
| 09174C104 | BITB | BITWISE BITCOIN ETF TR | $577,740 | 0.24% | 12,873 | Common | SOLE |
| 040919102 | ARKB | ARK 21SHARES BITCOIN ETF | $521,312 | 0.22% | 6,342 | Common | SOLE |
| 674482203 | OBE | OBSIDIAN ENERGY LTD | $492,581 | 0.21% | 84,060 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $482,898 | 0.20% | 922 | Common | SOLE |
| 513272104 | LW | LAMB WESTON HLDGS INC | $467,708 | 0.20% | 8,775 | Common | SOLE |
| 24661P807 | DCTH | DELCATH SYS INC | $466,491 | 0.20% | 36,645 | Common | SOLE |
| 46438F101 | IBIT | ISHARES BITCOIN TRUST ETF | $446,801 | 0.19% | 9,545 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $427,047 | 0.18% | 31,563 | Common | SOLE |
| 88025T102 | TENB | TENABLE HLDGS INC | $409,966 | 0.17% | 11,720 | Common | SOLE |
| 444144109 | HDSN | HUDSON TECHNOLOGIES INC | $395,497 | 0.17% | 64,100 | Common | SOLE |
| 527064109 | — | LESLIES INC | $350,273 | 0.15% | 476,238 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $347,988 | 0.15% | 7,050 | Common | SOLE |
| 14427M107 | PRTS | CARPARTS COM INC | $252,495 | 0.11% | 252,495 | Common | SOLE |
| 16115Q308 | GTLS | CHART INDS INC | $250,465 | 0.10% | 1,735 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $245,419 | 0.10% | 1,856 | Common | SOLE |
| 74767V109 | QS | QUANTUMSCAPE CORP | $242,840 | 0.10% | 58,375 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $241,410 | 0.10% | 2,600 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $228,111 | 0.10% | 50,883 | Common | SOLE |
| 40053W101 | AVAL | GRUPO AVAL ACCIONES Y VALORE | $204,750 | 0.09% | 75,000 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $202,197 | 0.08% | 77,470 | Common | SOLE |
| 749360400 | RCMT | RCM TECHNOLOGIES INC | $201,100 | 0.08% | 12,891 | Common | SOLE |
| 825690100 | SSTK | SHUTTERSTOCK INC | $200,552 | 0.08% | 10,765 | Common | SOLE |
| G39637205 | GOGL | GOLDEN OCEAN GROUP LTD | $199,500 | 0.08% | 25,000 | Common | SOLE |
| 23291C103 | BOOM | DMC GLOBAL INC | $172,543 | 0.07% | 20,492 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $112,840 | 0.05% | 86,800 | Common | SOLE |
| 30260D103 | FIGS | FIGS INC | $89,078 | 0.04% | 19,407 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.