SRS Investment Management, LLC
SEC Form 13F institutional filer · CIK 0001503174
13F-HR · 11 reported holdings · 2026-03-31
Hedge fund.
Reported long-US-equity value
$3.93B
Top-10 concentration
99.6%
SRS Investment Management, LLC — $3.93B AUM allocation strategy
SRS Investment Management, LLC files SEC Form 13F and reports $3.93B of long US equity value across 11 reported holdings for 2026-03-31.
Its largest sector bet is Communication Services 48.4%, followed by Consumer Discretionary 23.9% and Information Technology 19.1%.
The top 10 holdings account for 100% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
SRS Investment Management, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$3.93B
total across 11 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
100% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$DAL +44.2K sh · +$785K+$UAL +8.81K sh · −$56.5M+$TPR +5.84K sh · +$68.1M
Biggest trims (shares)
−$NVDA −800K sh · −$179M−$ABNB −743K sh · −$118M−$AMD −193K sh · −$56.8M
Exited to nil (held last quarter, gone now)
$HD ($62M last qtr)$CVS ($48.6M last qtr)$LOW ($30.5M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Movies & Entertainment37.2%—
- Semiconductors18.6%—
- Apparel, Accessories & Luxury Goods18.2%—
- Interactive Media & Services10.5%—
- Passenger Airlines8.2%—
- Hotels, Resorts & Cruise Lines5.7%—
- Cable & Satellite0.7%—
- Technology Hardware, Storage & Peripherals0.6%—
- Other holdings0.3%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NFLX | Netflix Inc | 15.2M | $1.46B | +0 | 37.2% |
| $TPR | Tapestry Inc | 5.05M | $713M | +5.84K | 18.2% |
| $NVDA | NVIDIA Corporation | 2.5M | $436M | -800K | 11.1% |
| $META | Meta Platforms Inc | 720K | $412M | -23.8K | 10.5% |
| $AMD | Advanced Micro Devices Inc | 1.44M | $293M | -193K | 7.5% |
| $UAL | United Airlines Holdings Inc | 2.91M | $268M | +8.81K | 6.8% |
| $ABNB | Airbnb Inc | 1.78M | $224M | -743K | 5.7% |
| $DAL | Delta Air Lines Inc | 780K | $51.9M | +44.2K | 1.3% |
| $CMCSA | Comcast Corporation | 973K | $27.9M | +3.29K | 0.7% |
| $SNDK | Sandisk Corporation | 35.1K | $22.3M | — | 0.6% |
…and 1 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.