Kerrisdale Advisers, LLC
SEC Form 13F institutional filer · CIK 0001569688
13F-HR · 32 reported holdings · 2026-03-31
Reported long-US-equity value
$0.10B
Top-10 concentration
73.1%
Kerrisdale Advisers, LLC — $104M AUM allocation strategy
Kerrisdale Advisers, LLC files SEC Form 13F and reports $104M of long US equity value across 32 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 32.6%, followed by Financials 17.3% and Consumer Discretionary 11.7%.
The top 10 holdings account for 73% 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.
Kerrisdale Advisers, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$104M
total across 32 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
73% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMZN +17.4K sh · +$2.69M+$MSFT +11.8K sh · +$4.3M+$V +10.6K sh · +$1.28M
Biggest trims (shares)
−$KVUE −173K sh · −$2.99M−$SYY −128K sh · −$9.61M−$MU −6.2K sh · −$1.73M
Exited to nil (held last quarter, gone now)
$WDC ($1.96M last qtr)$STX ($1.58M last qtr)$KEYS ($1.34M 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)
- Semiconductors22.1%—
- Transaction & Payment Processing Services16.1%—
- Broadline Retail11.7%—
- Interactive Media & Services8.1%—
- Food Distributors5.7%—
- Rail Transportation4.7%—
- Systems Software4.4%—
- Application Software3.9%—
- Other holdings23.4%—
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 |
|---|---|---|---|---|---|
| $V | Visa Inc | 50K | $15.1M | +10.6K | 14.5% |
| $AMZN | Amazon.com Inc | 58.7K | $12.2M | +17.4K | 11.7% |
| $MRVL | Marvell Technology Inc | 114K | $11.3M | — | 10.8% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 29.4K | $8.45M | +0 | 8.1% |
| $SWKS | Skyworks Solutions Inc | 127K | $6.8M | — | 6.5% |
| $SYY | Sysco Corporation | 83.5K | $5.95M | -128K | 5.7% |
| $UNP | Union Pacific Corporation | 20.1K | $4.87M | +3.67K | 4.7% |
| $MSFT | Microsoft Corporation | 12.4K | $4.58M | +11.8K | 4.4% |
| $SNPS | Synopsys Inc | 10.2K | $4.06M | +1.82K | 3.9% |
| $KVUE | Kenvue Inc | 171K | $2.94M | -173K | 2.8% |
…and 22 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.
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