Q2 2025 · 13F-HR
Kerrisdale Advisers, LLCholdings as filed
Filed 2025-08-14 · accession 0001172661-25-003283
$191.7M
Reported value
66
Positions
2025-06-30
Period end
The Brief · Kerrisdale Advisers, LLC · Q2 2025
AI · grounded in 13F
Kerrisdale Advisers, LLC established a new position in SEAGATE TECHNOLOGY HLDNGS PL valued at $42.3M. The fund also initiated new stakes in UNH for $12.3M and MELI for $10.5M. Additional new positions include V at $9.7M and NOBLE CORP PLC at $9.3M. The fund ended the period with 66 positions and total AUM of $191.7M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $42.3M | 22.0% | 292,751 | Common | SOLE |
| 91324P102 | UNH | UNITEDHEALTH GROUP INC | $12.3M | 6.43% | 39,485 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $10.5M | 5.48% | 4,022 | Common | SOLE |
| 92826C839 | V | VISA INC | $9.7M | 5.07% | 27,384 | Common | SOLE |
| G65431127 | NE | NOBLE CORP PLC | $9.3M | 4.87% | 351,985 | Common | SOLE |
| 83601L102 | SHC | SOTERA HEALTH CO | $8.8M | 4.61% | 795,312 | Common | SOLE |
| 29260V105 | DAVA | ENDAVA PLC | $8.2M | 4.28% | 535,803 | Common | SOLE |
| 00108J109 | ACMR | ACM RESH INC | $7.4M | 3.87% | 286,497 | Common | SOLE |
| 02079K305 | GOOGL | ALPHABET INC | $6.0M | 3.12% | 33,927 | Common | SOLE |
| 98980L101 | ZNGA | ZOOM COMMUNICATIONS INC | $5.0M | 2.63% | 64,679 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $4.7M | 2.46% | 73,577 | Common | SOLE |
| 40090E106 | CIB | GRUPO CIBEST SA | $4.6M | 2.42% | 100,462 | Common | SOLE |
| 871829107 | SYY | SYSCO CORP | $4.3M | 2.23% | 56,438 | Common | SOLE |
| G9460G101 | VAL | VALARIS LTD | $4.1M | 2.14% | 97,335 | Common | SOLE |
| 98980F104 | GTM | ZOOMINFO TECHNOLOGIES INC | $3.5M | 1.81% | 342,298 | Common | SOLE |
| 22266T109 | CPNG | COUPANG INC | $3.3M | 1.70% | 109,085 | Common | SOLE |
| 023586506 | UHAL/B | U HAUL HOLDING COMPANY | $3.0M | 1.57% | 55,241 | Common | SOLE |
| 03783C100 | APPF | APPFOLIO INC | $3.0M | 1.55% | 12,942 | Common | SOLE |
| 25243Q205 | DEO | DIAGEO PLC | $2.9M | 1.51% | 28,758 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $2.2M | 1.13% | 9,847 | Common | SOLE |
| 46005L101 | IMXI | INTERNATIONAL MNY EXPRESS IN | $1.9M | 1.00% | 189,288 | Common | SOLE |
| 13321L108 | CCJ | CAMECO CORP | $1.9M | 0.98% | 25,390 | Common | SOLE |
| 047649108 | ATKR | ATKORE INC | $1.8M | 0.96% | 26,114 | Common | SOLE |
| 934550203 | WMG | WARNER MUSIC GROUP CORP | $1.8M | 0.95% | 66,530 | Common | SOLE |
| 34965K107 | FTRE | FORTREA HLDGS INC | $1.8M | 0.92% | 358,191 | Common | SOLE |
| 558256103 | MSGE | MADISON SQUARE GARDEN ENTMT | $1.7M | 0.91% | 43,495 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $1.7M | 0.86% | 68,778 | Common | SOLE |
| 35138V102 | FOXF | FOX FACTORY HLDG CORP | $1.5M | 0.77% | 57,094 | Common | SOLE |
| 00724F101 | ADBE | ADOBE INC | $1.5M | 0.77% | 3,802 | Common | SOLE |
| 12634H200 | PMTS | CPI CARD GROUP INC | $1.4M | 0.75% | 60,796 | Common | SOLE |
| 71654V408 | PBR | PETROLEO BRASILEIRO SA PETRO | $1.4M | 0.73% | 111,126 | Common | SOLE |
| 806407102 | HSIC | HENRY SCHEIN INC | $1.2M | 0.61% | 16,026 | Common | SOLE |
| 682189105 | ON | ON SEMICONDUCTOR CORP | $1.2M | 0.60% | 21,955 | Common | SOLE |
| 790148100 | JOE | ST JOE CO | $1.1M | 0.60% | 23,990 | Common | SOLE |
| 159864107 | CRL | CHARLES RIV LABS INTL INC | $1.1M | 0.59% | 7,458 | Common | SOLE |
| 49338L103 | KEYS | KEYSIGHT TECHNOLOGIES INC | $1.1M | 0.57% | 6,613 | Common | SOLE |
| 48581R205 | KSPI | KASPI KZ JSC | $938,035 | 0.49% | 11,050 | Common | SOLE |
| 22717L101 | CRON | CRONOS GROUP INC | $895,381 | 0.47% | 468,786 | Common | SOLE |
| 499049104 | KNX | KNIGHT-SWIFT TRANSN HLDGS IN | $883,804 | 0.46% | 19,982 | Common | SOLE |
| 023586100 | UHAL | U HAUL HOLDING COMPANY | $769,960 | 0.40% | 12,714 | Common | SOLE |
| 500643200 | KFY | KORN FERRY | $769,085 | 0.40% | 10,488 | Common | SOLE |
| M78673114 | PERI | PERION NETWORK LTD | $766,964 | 0.40% | 75,563 | Common | SOLE |
| 279158109 | EC | ECOPETROL S A | $597,862 | 0.31% | 67,555 | Common | SOLE |
| 731068102 | PII | POLARIS INC | $571,742 | 0.30% | 14,065 | Common | SOLE |
| 444144109 | HDSN | HUDSON TECHNOLOGIES INC | $520,492 | 0.27% | 64,100 | Common | SOLE |
| 054540208 | ACLS | AXCELIS TECHNOLOGIES INC | $506,298 | 0.26% | 7,265 | Common | SOLE |
| 674482203 | OBE | OBSIDIAN ENERGY LTD | $466,809 | 0.24% | 84,060 | Common | SOLE |
| 88025T102 | TENB | TENABLE HLDGS INC | $395,902 | 0.21% | 11,720 | Common | SOLE |
| 74767V109 | QS | QUANTUMSCAPE CORP | $392,280 | 0.20% | 58,375 | Common | SOLE |
| 163851108 | CC | CHEMOURS CO | $361,396 | 0.19% | 31,563 | Common | SOLE |
| 65340P106 | NXE | NEXGEN ENERGY LTD | $353,689 | 0.18% | 50,883 | Common | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $303,918 | 0.16% | 611 | Common | SOLE |
| 749360400 | RCMT | RCM TECHNOLOGIES INC | $303,841 | 0.16% | 12,891 | Common | SOLE |
| 674599105 | OXY | OCCIDENTAL PETE CORP | $296,171 | 0.15% | 7,050 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $262,751 | 0.14% | 1,142 | Common | SOLE |
| 75734B100 | RDDT | REDDIT INC | $258,228 | 0.13% | 1,715 | Common | SOLE |
| 929740108 | WAB | WABTEC | $249,127 | 0.13% | 1,190 | Common | SOLE |
| 40053W101 | AVAL | GRUPO AVAL ACCIONES Y VALORE | $210,750 | 0.11% | 75,000 | Common | SOLE |
| 01609W102 | BABA | ALIBABA GROUP HLDG LTD | $210,489 | 0.11% | 1,856 | Common | SOLE |
| 825690100 | SSTK | SHUTTERSTOCK INC | $204,104 | 0.11% | 10,765 | Common | SOLE |
| 527064109 | — | LESLIES INC | $199,972 | 0.10% | 476,238 | Common | SOLE |
| 14427M107 | PRTS | CARPARTS COM INC | $186,872 | 0.10% | 252,495 | Common | SOLE |
| 00768Y453 | MSOS | ADVISORSHARES TR | $186,703 | 0.10% | 77,470 | Common | SOLE |
| 23291C103 | BOOM | DMC GLOBAL INC | $165,166 | 0.09% | 20,492 | Common | SOLE |
| 248356107 | DNN | DENISON MINES CORP | $157,976 | 0.08% | 86,800 | Common | SOLE |
| 30260D103 | FIGS | FIGS INC | $109,455 | 0.06% | 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.