Funds › SRS Investment Management, LLC › Q3 2020SRS Investment Management, LLC 13F holdings, Q3 2020 SRS Investment Management, LLC disclosed 31 US equity positions worth $5.4bn in its Q3 2020 13F filing. Its largest position is NFLX at 25.6% of the reported book, followed by Z and CAR. Versus Q2 2020 it opened 10 new positions, added to 6, reduced 8 and exited 5.
$5.4bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
31 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
25.6% Largest position The largest single position as a share of the reported equity book.
82.3% Top 10 weight The ten largest positions together, as a share of the reported equity book.
8 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
63 Quarters on file since Q4 2010 Quarters for which this manager's 13F holdings are on record. Holdings Against Q2 2020: 10 new , 6 added , 8 reduced , 5 exited
31 rows
Stock Sector Weight Value Shares Δ shares Action NFLX NETFLIX INC. Communication Services 25.6% $1.4bn 2.77m −8.9% reduced Z ZILLOW GROUP INC Communication Services 16.1% $871m 8.57m −13% reduced CAR AVIS BUDGET GROUP INC Industrials 8.8% $475m 18.05m +8.1% added PLNT PLANET FITNESS INC Consumer Cyclical 6.7% $361m 5.86m +18% added TWTRUSD TWITTER INC – 6.4% $348m 7.81m +137% added MSFT MICROSOFT CORP Technology 4.7% $253m 1.20m 0.0% held OPTU OPTIMUM COMMUNICATIONS INC Communication Services 3.9% $210m 8.07m +232% added CTXSEUR CITRIX SYS INC – 3.6% $196m 1.42m −62% reduced MGM MGM RESORTS INTERNATIONAL Consumer Cyclical 3.5% $190m 8.76m −35% reduced DT DYNATRACE INC Technology 3.0% $163m 3.98m – new FIVERR INTL LTD no ticker – 2.5% $137m 987,178 – new CMCSA COMCAST CORP NEW Communication Services 2.5% $133m 2.87m −60% reduced BKNG BOOKING HOLDINGS INC Consumer Cyclical 2.3% $126m 73,394 −46% reduced PLANUSD ANAPLAN INC – 2.2% $120m 1.91m +6673% added ORLY OREILLY AUTOMOTIVE INC Consumer Cyclical 2.1% $111m 241,167 0.0% held EXPE EXPEDIA GROUP INC Consumer Cyclical 1.8% $98.7m 1.08m 0.0% held PII POLARIS INC Consumer Cyclical 1.0% $55.1m 584,500 +145% added SNOW SNOWFLAKE INC Technology 0.6% $35.1m 140,000 – new BEKE KE HLDGS INC Real Estate 0.6% $30.6m 500,000 – new META META PLATFORMS INC Communication Services 0.3% $17.4m 66,245 −94% reduced NKE NIKE INC Consumer Cyclical 0.3% $14.9m 118,967 – new TLND TALEND S A – 0.3% $14.1m 361,847 0.0% held PANW PALO ALTO NETWORKS INC Technology 0.3% $14.0m 57,278 −94% reduced ALGN ALIGN TECHNOLOGY INC Healthcare 0.2% $10.9m 33,377 0.0% held TREX TREX INC Industrials 0.2% $10.1m 141,422 – new LI LI AUTO INC Consumer Cyclical 0.1% $7.8m 450,000 – new SMARGBP SMARTSHEET INC – 0.1% $7.4m 150,734 – new ADSK AUTODESK INC Technology 0.1% $6.9m 30,041 0.0% held LEVI LEVI STRAUSS & CO NEW Consumer Cyclical 0.07% $4.0m 300,000 0.0% held DIS DISNEY WALT CO Communication Services 0.06% $3.4m 27,766 – new DUCK CREEK TECHNOLOGIES INC no ticker – 0.01% $681k 15,000 – new
Exited since Q2 2020 5 rows
Stock Prior weight Prior value SABR SABRE CORP 1.2% $60.7m PINS PINTEREST INC 0.7% $36.9m EGHT 8X8 INC NEW 0.5% $24.0m JBLU JETBLUE AIRWAYS CORP 0.2% $9.8m D0A DADA NEXUS LTD 0.02% $886k
Sector mix Communication Services 48.4% Consumer Cyclical 17.9% Unclassified 15.2% Industrials 9.0% Technology 8.7% Real Estate 0.6% Healthcare 0.2% Book over time Every quarter on file (63) Where SRS Investment Management, LLC was early Concentration and tenure
29.5% Median largest position, all quarters The largest single position as a share of the reported equity book.
91.8% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
2 Median completed holding, quarters