Q1 2026 · 13F-HR
Kerrisdale Advisers, LLCholdings as filed
Filed 2026-05-15 · accession 0001172661-26-002087
$262.7M
Reported value
112
Positions
2026-03-31
Period end
The Brief · Kerrisdale Advisers, LLC · Q1 2026
AI · grounded in 13F
Kerrisdale Advisers, LLC initiated a new position in MRVL valued at $11.28M. The fund also opened new stakes in ADTN for $6.94M and SWKS for $6.8M. On the sell side, the fund closed its position in GTM, reducing its exposure by $3.54M. Other notable reductions include trimming shares of NOBLE CORP PLC by 90.76% and SYSCO CORP by 60.48%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 92826C839 | V | VISA INC | $15.1M | 5.76% | 50,031 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $15.1M | 5.74% | 8,724 | Common | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $12.5M | 4.77% | 297,966 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $12.2M | 4.66% | 58,746 | Common | SOLE |
| 573874104 | MRVL | MARVELL TECHNOLOGY INC | $11.3M | 4.29% | 113,851 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $8.8M | 3.35% | 223,755 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $8.7M | 3.32% | 607,689 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $8.5M | 3.22% | 29,387 | Common | SOLE |
| 00486H105 | ADTN | ADTRAN HOLDINGS INC | $6.9M | 2.64% | 552,010 | Common | SOLE |
| 83088M102 | SWKS | SKYWORKS SOLUTIONS INC | $6.8M | 2.59% | 126,980 | Common | SOLE |
| 52476L109 | LGN | LEGENCE CORP | $6.0M | 2.28% | 105,920 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $6.0M | 2.27% | 83,476 | Common | SOLE |
| 023586506 | UHAL/B | U HAUL HOLDING COMPANY | $5.7M | 2.16% | 127,232 | Common | SOLE |
| 86333M108 | LRN | STRIDE INC | $5.0M | 1.92% | 57,155 | Common | SOLE |
| 73278L105 | POOL | POOL CORP | $4.9M | 1.86% | 24,175 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $4.9M | 1.85% | 20,072 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $4.6M | 1.74% | 12,362 | Common | SOLE |
| 871607107 | SNPS | SYNOPSYS INC | $4.1M | 1.54% | 10,231 | Common | SOLE |
| 25862V105 | DV | DOUBLEVERIFY HLDGS INC | $3.8M | 1.44% | 398,439 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $3.8M | 1.43% | 46,649 | Common | SOLE |
| 136385101 | CNQ | CANADIAN NAT RES LTD MED TER | $3.6M | 1.36% | 73,150 | Common | SOLE |
| 03783C100 | APPF | APPFOLIO INC | $3.5M | 1.34% | 22,344 | Common | SOLE |
| 565394103 | CART | MAPLEBEAR INC | $3.5M | 1.34% | 94,016 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $3.5M | 1.32% | 61,720 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $2.9M | 1.12% | 170,807 | Common | SOLE |
| 15135U109 | CVE | CENOVUS ENERGY INC | $2.9M | 1.12% | 110,950 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $2.9M | 1.10% | 39,700 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $2.8M | 1.08% | 150,290 | Common | SOLE |
| 458140100 | INTC | INTEL CORP | $2.7M | 1.03% | 61,285 | Common | SOLE |
| 44980X109 | IPGP | IPG PHOTONICS CORP | $2.7M | 1.02% | 23,440 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $2.5M | 0.97% | 34,233 | Common | SOLE |
| G29183103 | ETN | EATON CORP PLC | $2.5M | 0.96% | 7,077 | Common | SOLE |
| 29260V105 | DAVA | ENDAVA PLC | $2.5M | 0.95% | 567,416 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $2.4M | 0.91% | 8,849 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO S A | $2.3M | 0.88% | 111,126 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $2.3M | 0.88% | 37,210 | Common | SOLE |
| 758750103 | RRX | REGAL REXNORD CORPORATION | $2.3M | 0.87% | 12,230 | Common | SOLE |
| 654902204 | NOK | NOKIA CORP | $2.3M | 0.87% | 283,845 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $1.8M | 0.70% | 31,069 | Common | SOLE |
| G4705A100 | ICLR | ICON PLC | $1.7M | 0.66% | 15,646 | Common | SOLE |
| 929740108 | WAB | WABTEC | $1.7M | 0.66% | 6,925 | Common | SOLE |
| 00676P107 | ADEA | ADEIA INC | $1.7M | 0.65% | 70,830 | Common | SOLE |
| 70450Y103 | PYPL | PAYPAL HLDGS INC | $1.7M | 0.63% | 36,866 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $1.7M | 0.63% | 28,074 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $1.5M | 0.57% | 23,990 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $1.5M | 0.57% | 68,980 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $1.4M | 0.52% | 18,960 | Common | SOLE |
| 127203107 | WHD | CACTUS INC | $1.3M | 0.50% | 27,780 | Common | SOLE |
| 060505104 | BAC | BANK AMERICA CORP | $1.3M | 0.50% | 26,730 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $1.3M | 0.50% | 282,954 | Common | SOLE |
| 74935Q107 | RBA | RB GLOBAL INC | $1.2M | 0.47% | 12,897 | Common | SOLE |
| 494368103 | KMB | KIMBERLY-CLARK CORP | $1.2M | 0.46% | 12,615 | Common | SOLE |
| 398433102 | GFF | GRIFFON CORP | $1.2M | 0.46% | 16,660 | Common | SOLE |
| 655663102 | NDSN | NORDSON CORP | $1.2M | 0.46% | 4,530 | Common | SOLE |
| 806407102 | HSIC | SCHEIN HENRY INC | $1.2M | 0.45% | 16,026 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $1.2M | 0.44% | 52,401 | Common | SOLE |
| 867224107 | SU | SUNCOR ENERGY INC NEW | $1.1M | 0.42% | 16,550 | Common | SOLE |
| 077454106 | BDC | BELDEN INC | $1.1M | 0.41% | 9,280 | Common | SOLE |
| 61945C103 | MOS | MOSAIC CO | $1.0M | 0.39% | 39,940 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $1.0M | 0.39% | 67,555 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $1.0M | 0.39% | 13,665 | Common | SOLE |
| 099502106 | BAH | BOOZ ALLEN HAMILTON HLDG COR | $969,289 | 0.37% | 12,422 | Common | SOLE |
| 64110D104 | NTAP | NETAPP INC | $962,568 | 0.37% | 9,401 | Common | SOLE |
| 268150109 | DT | DYNATRACE INC | $885,116 | 0.34% | 23,935 | Common | SOLE |
| 12634H200 | PMTS | CPI CARD GROUP INC | $882,150 | 0.34% | 60,796 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $867,413 | 0.33% | 13,630 | Common | SOLE |
| 35138V102 | FOXF | FOX FACTORY HLDG CORP | $842,192 | 0.32% | 51,166 | Common | SOLE |
| 52634L108 | LNSR | LENSAR INC | $830,764 | 0.32% | 139,390 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $818,376 | 0.31% | 7,535 | Common | SOLE |
| 67000B104 | NOVT | NOVANTA INC | $805,510 | 0.31% | 6,820 | Common | SOLE |
| 86800U302 | SMCI | SUPER MICRO COMPUTER INC | $804,578 | 0.31% | 35,335 | Common | SOLE |
| 674482203 | OBE | OBSIDIAN ENERGY LTD | $796,473 | 0.30% | 84,060 | Common | SOLE |
| 70451X104 | PAYO | PAYONEER GLOBAL INC | $786,445 | 0.30% | 162,825 | Common | SOLE |
| 023939101 | AMTM | AMENTUM HOLDINGS INC | $761,275 | 0.29% | 29,190 | Common | SOLE |
| 91879Q109 | MTN | VAIL RESORTS INC | $746,822 | 0.28% | 5,820 | Common | SOLE |
| G61188101 | LBTYA | LIBERTY GLOBAL LTD | $733,138 | 0.28% | 60,640 | Common | SOLE |
| 73933G202 | PSIX | POWER SOLUTIONS INTL INC | $710,165 | 0.27% | 11,665 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $685,964 | 0.26% | 72,820 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $668,971 | 0.25% | 13,633 | Common | SOLE |
| 500643200 | KFY | KORN FERRY | $647,630 | 0.25% | 10,288 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $646,475 | 0.25% | 28,745 | Common | SOLE |
| 74934Q108 | RICK | RCI HOSPITALITY HLDGS INC | $621,641 | 0.24% | 27,253 | Common | SOLE |
| 81141R100 | SE | SEA LTD | $611,138 | 0.23% | 7,380 | Common | SOLE |
| 023586100 | UHAL | U HAUL HOLDING COMPANY | $607,475 | 0.23% | 12,714 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $524,918 | 0.20% | 3,043 | Common | SOLE |
| 358054104 | FRSH | FRESHWORKS INC | $499,667 | 0.19% | 62,225 | Common | SOLE |
| M78673114 | PERI | PERION NETWORK LTD | $493,236 | 0.19% | 49,373 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $458,250 | 0.17% | 7,050 | Common | SOLE |
| 343498101 | FLO | FLOWERS FOODS INC | $456,930 | 0.17% | 56,065 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $431,434 | 0.16% | 171,886 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $425,754 | 0.16% | 7,630 | Common | SOLE |
| 67098H104 | OI | O-I GLASS INC | $418,876 | 0.16% | 39,855 | Common | SOLE |
| 114340102 | AZTA | AZENTA INC | $404,217 | 0.15% | 19,130 | Common | SOLE |
| 83443Q103 | SOLS | SOLSTICE ADVANCED MATLS INC | $393,747 | 0.15% | 5,170 | Common | SOLE |
| 00091G104 | ACVA | ACV AUCTIONS INC | $386,158 | 0.15% | 91,075 | Common | SOLE |
| 53635D202 | LQDA | LIQUIDIA CORPORATION | $381,740 | 0.15% | 10,115 | Common | SOLE |
| M4R82T106 | FVRR | FIVERR INTL LTD | $364,878 | 0.14% | 36,415 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $350,080 | 0.13% | 30,183 | Common | SOLE |
| 444144109 | HDSN | HUDSON TECHNOLOGIES INC | $338,817 | 0.13% | 57,622 | Common | SOLE |
| 40053W101 | AVAL | GRUPO AVAL ACCIONES Y VALORE | $330,000 | 0.13% | 75,000 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $306,404 | 0.12% | 86,800 | Common | SOLE |
| 77664L207 | ROOT | ROOT INC | $301,681 | 0.11% | 6,830 | Common | SOLE |
| 27923Q109 | ECVT | ECOVYST INC | $257,200 | 0.10% | 20,000 | Common | SOLE |
| 595112103 | MU | MICRON TECHNOLOGY INC | $250,002 | 0.10% | 740 | Common | SOLE |
| 749360400 | RCMT | RCM TECHNOLOGIES INC | $246,734 | 0.09% | 12,891 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $230,925 | 0.09% | 1,715 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $223,092 | 0.08% | 8,735 | Common | SOLE |
| 14427M107 | PRTS | CARPARTS COM INC | $198,411 | 0.08% | 252,495 | Common | SOLE |
| 88025T102 | TENB | TENABLE HLDGS INC | $198,244 | 0.08% | 11,720 | Common | SOLE |
| 825690100 | SSTK | SHUTTERSTOCK INC | $178,807 | 0.07% | 10,765 | Common | SOLE |
| 23291C103 | BOOM | DMC GLOBAL INC | $106,763 | 0.04% | 20,492 | Common | SOLE |
| N85083108 | NKLR | TERRA INNOVATUM GLOBAL NV | $63,104 | 0.02% | 13,600 | 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.