SRS Investment Management 13F holdings, Q1 2024
Holdings as of March 31, 2024 · filings on SEC EDGAR · latest filing →
SRS Investment Management disclosed 22 US equity positions worth $7.2bn in its Q1 2024 13F filing. The largest position was CAR at 29.5% of the reported book, followed by NFLX and SNAP. Against the Q4 2023 filing, it opened 5 new positions, added to 2 and reduced 7 among the top 22 holdings.
What did SRS Investment Management own in Q1 2024? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2023 |
|---|---|---|---|---|---|---|---|
| 1 | CAR AVIS BUDGET GROUP | Industrials | 29.5% | $2.1bn | 17,430,882 | 2% | added |
| 2 | NFLX NETFLIX INC | Communication Services | 18.3% | $1.3bn | 2,182,023 | -2% | reduced |
| 3 | SNAP SNAP INC | Communication Services | 10.3% | $747.5m | 65,114,732 | 0% | held |
| 4 | META META PLATFORMS INC | Communication Services | 7.1% | $516.9m | 1,064,555 | -38% | reduced |
| 5 | PDD PDD HOLDINGS INC | Consumer Cyclical | 5.9% | $424.0m | 3,647,247 | -15% | reduced |
| 6 | AMD ADVANCED MICRO DEVICES INC | Technology | 5.4% | $389.0m | 2,155,394 | – | new |
| 7 | PLNT PLANET FITNESS INC | Consumer Cyclical | 5.3% | $382.8m | 6,111,508 | -12% | reduced |
| 8 | AAL AMERICAN AIRLS GROUP INC | Industrials | 4.6% | $332.2m | 21,642,207 | – | new |
| 9 | TEAM ATLASSIAN CORPORATION | Technology | 2.9% | $210.2m | 1,077,437 | 0% | held |
| 10 | DDOG DATADOG INC | Technology | 2.5% | $183.0m | 1,480,255 | 22% | added |
| 11 | NVDA NVIDIA CORPORATION | Technology | 2.1% | $153.4m | 169,719 | -25% | reduced |
| 12 | SPOT SPOTIFY TECHNOLOGY S A | Communication Services | 1.5% | $105.1m | 398,180 | -60% | reduced |
| 13 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 1.4% | $104.5m | 768,027 | 0% | held |
| 14 | BURL BURLINGTON STORES INC | Consumer Cyclical | 0.7% | $48.3m | 207,960 | – | new |
| 15 | LAD LITHIA MTRS INC | Consumer Cyclical | 0.6% | $43.0m | 142,831 | -61% | reduced |
| 16 | CMCSA COMCAST CORP NEW | Communication Services | 0.6% | $42.0m | 969,699 | 0% | held |
| 17 | TRIP TRIPADVISOR INC | Consumer Cyclical | 0.5% | $36.0m | 1,293,952 | 0% | held |
| 18 | GLBE GLOBAL E ONLINE LTD | Consumer Cyclical | 0.3% | $23.0m | 632,621 | 0% | held |
| 19 | 8QR CONFLUENT INC | 0.2% | $15.8m | 516,375 | – | new | |
| 20 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 0.2% | $13.2m | 279,970 | 0% | held |
| 21 | PYPL PAYPAL HLDGS INC | Financial Services | 0.1% | $9.4m | 140,077 | – | new |
| 22 | SHOP SHOPIFY INC | Technology | 0.0% | $313.8k | 4,066 | 0% | held |
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.