Kerrisdale Advisers, LLC 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Kerrisdale Advisers, LLC disclosed 81 US equity positions worth $239.0m in its Q1 2025 13F filing. The largest position was STX at 20.1% of the reported book, followed by V and MELI. Against the Q4 2024 filing, it opened 2 new positions, added to 11 and reduced 24 among the top 50 holdings.
What did Kerrisdale Advisers, LLC own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | STX SEAGATE TECHNOLOGY HLDNGS PL | Technology | 20.1% | $48.0m | 565,083 | 304% | added |
| 2 | V VISA INC | Financial Services | 6.6% | $15.8m | 45,049 | -14% | reduced |
| 3 | MELI MERCADOLIBRE INC | Consumer Cyclical | 5.3% | $12.6m | 6,484 | -13% | reduced |
| 4 | DEO DIAGEO PLC | Consumer Defensive | 5.0% | $12.1m | 115,074 | -4% | reduced |
| 5 | AMZN AMAZON COM INC | Consumer Cyclical | 4.5% | $10.8m | 56,566 | 29% | added |
| 6 | GOOGL ALPHABET INC | Communication Services | 4.2% | $10.0m | 64,752 | -18% | reduced |
| 7 | SHC SOTERA HEALTH CO | Healthcare | 3.9% | $9.3m | 795,312 | 0% | held |
| 8 | SYY SYSCO CORP | Consumer Defensive | 3.5% | $8.4m | 112,283 | -52% | reduced |
| 9 | NOBLE CORP PLC | 3.3% | $7.8m | 329,985 | 0% | held | |
| 10 | MSFT MICROSOFT CORP | Technology | 3.2% | $7.6m | 20,261 | 15% | added |
| 11 | DAVA ENDAVA PLC | Technology | 2.9% | $6.8m | 350,872 | -3% | reduced |
| 12 | CSX CSX CORP | Industrials | 2.6% | $6.3m | 213,305 | -4% | reduced |
| 13 | CIBEUR BANCOLOMBIA S A | 2.2% | $5.2m | 128,642 | -42% | reduced | |
| 14 | ACMR ACM RESH INC | Technology | 2.1% | $5.0m | 214,397 | -89% | reduced |
| 15 | ZM ZOOM COMMUNICATIONS INC | Technology | 1.8% | $4.3m | 58,839 | 17% | added |
| 16 | WAB WABTEC | Industrials | 1.8% | $4.3m | 23,510 | -37% | reduced |
| 17 | VALARIS LTD | 1.6% | $3.8m | 97,335 | -4% | reduced | |
| 18 | UHAL/B U HAUL HOLDING COMPANY | 1.4% | $3.3m | 55,241 | 0% | held | |
| 19 | RTO RENTOKIL INITIAL PLC | 1.2% | $2.9m | 128,228 | 14% | added | |
| 20 | GTM ZOOMINFO TECHNOLOGIES INC | Technology | 1.2% | $2.9m | 290,548 | -7% | reduced |
| 21 | IMXI INTERNATIONAL MNY EXPRESS IN | Technology | 1.0% | $2.4m | 189,288 | 9% | added |
| 22 | APPF APPFOLIO INC | Technology | 0.9% | $2.1m | 9,748 | – | new |
| 23 | WMG WARNER MUSIC GROUP CORP | Communication Services | 0.9% | $2.1m | 66,530 | 0% | held |
| 24 | FTRE FORTREA HLDGS INC | Healthcare | 0.9% | $2.1m | 275,321 | – | new |
| 25 | EPAM EPAM SYS INC | Technology | 0.9% | $2.0m | 12,094 | 65% | added |
| 26 | CRM SALESFORCE INC | Technology | 0.8% | $2.0m | 7,384 | -34% | reduced |
| 27 | BA BOEING CO | Industrials | 0.8% | $1.9m | 11,265 | -24% | reduced |
| 28 | CPNG COUPANG INC | Consumer Cyclical | 0.8% | $1.9m | 86,945 | 7% | added |
| 29 | PMTS CPI CARD GROUP INC | 0.8% | $1.8m | 62,196 | -28% | reduced | |
| 30 | PBR PETROLEO BRASILEIRO SA PETRO | Energy | 0.7% | $1.6m | 111,126 | 0% | held |
| 31 | ATKR ATKORE INC | Industrials | 0.7% | $1.6m | 25,914 | 44% | added |
| 32 | CRL CHARLES RIV LABS INTL INC | Healthcare | 0.6% | $1.5m | 10,064 | 16% | added |
| 33 | MSGE MADISON SQUARE GARDEN ENTMT | Communication Services | 0.6% | $1.4m | 43,495 | 0% | held |
| 34 | UBER UBER TECHNOLOGIES INC | Technology | 0.6% | $1.4m | 18,655 | -16% | reduced |
| 35 | ADBE ADOBE INC | Technology | 0.5% | $1.2m | 3,207 | 27% | added |
| 36 | KNX KNIGHT-SWIFT TRANSN HLDGS IN | Industrials | 0.5% | $1.1m | 26,117 | -34% | reduced |
| 37 | JOE ST JOE CO | Real Estate | 0.5% | $1.1m | 23,990 | 0% | held |
| 38 | BAC BANK AMERICA CORP | Financial Services | 0.5% | $1.1m | 25,789 | -35% | reduced |
| 39 | CCJ CAMECO CORP | Energy | 0.4% | $1.0m | 25,390 | 0% | held |
| 40 | PERI PERION NETWORK LTD | Communication Services | 0.4% | $964.8k | 118,523 | 0% | held |
| 41 | USB US BANCORP DEL | Financial Services | 0.4% | $959.9k | 22,736 | -40% | reduced |
| 42 | PNC PNC FINL SVCS GROUP INC | Financial Services | 0.4% | $877.4k | 4,992 | -60% | reduced |
| 43 | FOXF FOX FACTORY HLDG CORP | Consumer Cyclical | 0.4% | $850.4k | 36,434 | 0% | held |
| 44 | CRON CRONOS GROUP INC | Healthcare | 0.4% | $848.5k | 468,786 | 0% | held |
| 45 | UHAL U HAUL HOLDING COMPANY | Industrials | 0.3% | $831.0k | 12,714 | 0% | held |
| 46 | NSC NORFOLK SOUTHN CORP | Industrials | 0.3% | $822.6k | 3,473 | -13% | reduced |
| 47 | KFY KORN FERRY | Industrials | 0.3% | $711.4k | 10,488 | -30% | reduced |
| 48 | EC ECOPETROL S A | Energy | 0.3% | $705.3k | 67,555 | 0% | held |
| 49 | FBTC FIDELITY WISE ORIGIN BITCOIN | 0.3% | $663.0k | 9,212 | -51% | reduced | |
| 50 | HSIC HENRY SCHEIN INC | Healthcare | 0.3% | $661.7k | 9,661 | -68% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.