Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value ($000): $203,440 (100.0% shares, 0.0% debt)

Holdings (43)

UHAL AMERCO 14.8%

Value ($000) $30,196 Shares 130,089 Est. Cost $17.21 Unrealized +34.4%

JLL JONES LANG LASALLE INC 9.4%

Value ($000) $19,219 Shares 162,185 Est. Cost $88.07 Unrealized +26.6%

HLF HERBALIFE LTD 8.2%

Value ($000) $16,664 Shares 290,973 Est. Cost $31.05 Unrealized +6.0%

— ING U S INC 7.1%

Value ($000) $14,401 Shares 397,046 Est. Cost $31.23 Unrealized —

— JGWPT HLDGS INC 6.2%

Value ($000) $12,665 Shares 693,600 Est. Cost $17.89 Unrealized —

— IAC INTERACTIVECORP 5.6%

Value ($000) $11,357 Shares 159,077 Est. Cost $70.01 Unrealized —

— FOOT LOCKER INC 5.3%

Value ($000) $10,748 Shares 228,772 Est. Cost $41.40 Unrealized —

— MORGANS HOTEL GROUP CO 4.4%

Value ($000) $8,864 Shares 1,102,452 Est. Cost $8.04 Unrealized —

NUS NU SKIN ENTERPRISES INC 3.8%

Value ($000) $7,768 Shares 93,756 Est. Cost $59.94 Unrealized 0.0%

— BGC PARTNERS INC 3.6%

Value ($000) $7,381 Shares 1,128,650 Est. Cost $6.54 Unrealized —

— CHICOS FAS INC 3.4%

Value ($000) $6,982 Shares 435,570 Est. Cost $18.88 Unrealized —

EG EVEREST RE GROUP LTD 3.0%

Value ($000) $6,150 Shares 40,182 Est. Cost $107.20 Unrealized +7.2%

— HARBINGER GROUP INC 2.9%

Value ($000) $5,951 Shares 486,621 Est. Cost $12.14 Unrealized —

— CHUBB CORP 2.7%

Value ($000) $5,434 Shares 60,852 Est. Cost $89.25 Unrealized —

MET METLIFE INC 2.4%

Value ($000) $4,898 Shares 92,759 Est. Cost $24.43 Unrealized +27.2%

STC STEWART INFORMATION SVCS COR 2.3%

Value ($000) $4,677 Shares 133,125 Est. Cost $32.45 Unrealized +5.9%

— TRAVELCENTERS OF AMERICA LLC 1.9%

Value ($000) $3,881 Shares 476,190 Est. Cost $8.20 Unrealized —

TUR ISHARES 1.1%

Value ($000) $2,322 Shares 47,703 Est. Cost $57.06 Unrealized —

— VIOLIN MEMORY INC 1.1%

Value ($000) $2,251 Shares 562,633 Est. Cost $4.00 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 1.1%

Value ($000) $2,149 Shares 11,166 Est. Cost $106.40 Unrealized +2.7%

VSAT VIASAT INC 1.0%

Value ($000) $2,067 Shares 29,943 Est. Cost $64.98 Unrealized 0.0%

— BLYTH INC 0.7%

Value ($000) $1,412 Shares 131,595 Est. Cost $13.67 Unrealized —

CPS COOPER STD HLDGS INC 0.7%

Value ($000) $1,378 Shares 19,505 Est. Cost $59.32 Unrealized 0.0%

— ACCRETIVE HEALTH INC 0.7%

Value ($000) $1,354 Shares 169,282 Est. Cost $8.00 Unrealized —

— RUBY TUESDAY INC 0.6%

Value ($000) $1,260 Shares 224,536 Est. Cost $7.11 Unrealized —

VSAT VIASAT INC 0.6%

Value ($000) $1,243 Shares 18,000 Est. Cost $64.98 Unrealized 0.0%

— OCI RES LP 0.6%

Value ($000) $1,126 Shares 51,896 Est. Cost $18.35 Unrealized —

— GEEKNET INC 0.5%

Value ($000) $1,065 Shares 75,950 Est. Cost $15.62 Unrealized —

— PREMIER EXIBITIONS INC 0.5%

Value ($000) $1,064 Shares 1,131,816 Est. Cost $1.15 Unrealized —

RVP RETRACTABLE TECHNOLOGIES INC 0.5%

Value ($000) $1,030 Shares 271,703 Est. Cost $3.25 Unrealized +9.9%

— ADCARE HEALTH SYSTEMS INC 0.5%

Value ($000) $1,014 Shares 243,671 Est. Cost $4.12 Unrealized —

— WI-LAN INC 0.5%

Value ($000) $1,012 Shares 339,451 Est. Cost $3.33 Unrealized —

— STONEGATE MTG CORP 0.4%

Value ($000) $729 Shares 49,071 Est. Cost $14.86 Unrealized —

— STOCK BLDG SUPPLY HLDGS INC 0.3%

Value ($000) $672 Shares 33,072 Est. Cost $18.02 Unrealized —

— SENOMYX INC 0.3%

Value ($000) $632 Shares 59,100 Est. Cost — Unrealized —

— REVETT MNG CO 0.2%

Value ($000) $502 Shares 635,989 Est. Cost $0.73 Unrealized —

— SKILLED HEALTHCARE GROUP INC 0.2%

Value ($000) $490 Shares 92,909 Est. Cost $4.36 Unrealized —

— SMARTPROS LTD 0.2%

Value ($000) $394 Shares 171,102 Est. Cost $1.42 Unrealized —

SLRC SOLAR CAP LTD 0.1%

Value ($000) $272 Shares 12,469 Est. Cost $7.45 Unrealized 0.0%

— FIRST SOUTH BANCORP INC VA 0.1%

Value ($000) $212 Shares 24,415 Est. Cost $7.86 Unrealized —

— ZIPREALTY INC 0.1%

Value ($000) $209 Shares 63,826 Est. Cost $3.27 Unrealized —

ASUR ASURE SOFTWARE INC 0.1%

Value ($000) $197 Shares 29,693 Est. Cost $5.55 Unrealized +6.2%

RLGT RADIANT LOGISTICS INC 0.1%

Value ($000) $148 Shares 47,924 Est. Cost $2.29 Unrealized +26.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UHAL	AMERCO	130,089	$30,196	14.8%	$17.21	+34.4%	COM	023586100
JLL	JONES LANG LASALLE INC	162,185	$19,219	9.4%	$88.07	+26.6%	COM	48020Q107
HLF	HERBALIFE LTD	290,973	$16,664	8.2%	$31.05	+6.0%	COM USD SHS	G4412G101
—	ING U S INC	397,046	$14,401	7.1%	$31.23	—	COM	45685E106
—	JGWPT HLDGS INC	693,600	$12,665	6.2%	$17.89	—	CL A	46617M109
—	IAC INTERACTIVECORP	159,077	$11,357	5.6%	$70.01	—	COM PAR $.001	44919P508
—	FOOT LOCKER INC	228,772	$10,748	5.3%	$41.40	—	COM	344849104
—	MORGANS HOTEL GROUP CO	1,102,452	$8,864	4.4%	$8.04	—	COM	61748W108
NUS	NU SKIN ENTERPRISES INC	93,756	$7,768	3.8%	$59.94	0.0%	CL A	67018T105
—	BGC PARTNERS INC	1,128,650	$7,381	3.6%	$6.54	—	CL A	05541T101
—	CHICOS FAS INC	435,570	$6,982	3.4%	$18.88	—	COM	168615102
EG	EVEREST RE GROUP LTD	40,182	$6,150	3.0%	$107.20	+7.2%	COM	G3223R108
—	HARBINGER GROUP INC	486,621	$5,951	2.9%	$12.14	—	COM	41146A106
—	CHUBB CORP	60,852	$5,434	2.7%	$89.25	—	COM	171232101
MET	METLIFE INC	92,759	$4,898	2.4%	$24.43	+27.2%	COM	59156R108
STC	STEWART INFORMATION SVCS COR	133,125	$4,677	2.3%	$32.45	+5.9%	COM	860372101
—	TRAVELCENTERS OF AMERICA LLC	476,190	$3,881	1.9%	$8.20	—	COM	894174101
TUR	ISHARES	47,703	$2,322	1.1%	$57.06	—	MSCI TURKEY ETF	464286715
—	VIOLIN MEMORY INC	562,633	$2,251	1.1%	$4.00	—	COM	92763A101
IBM	INTERNATIONAL BUSINESS MACHS	11,166	$2,149	1.1%	$106.40	+2.7%	COM	459200101
VSAT	VIASAT INC	29,943	$2,067	1.0%	$64.98	0.0%	COM	92552V100
—	BLYTH INC	131,595	$1,412	0.7%	$13.67	—	COM NEW	09643P207
CPS	COOPER STD HLDGS INC	19,505	$1,378	0.7%	$59.32	0.0%	COM	21676P103
—	ACCRETIVE HEALTH INC	169,282	$1,354	0.7%	$8.00	—	COM	00438V103
—	RUBY TUESDAY INC	224,536	$1,260	0.6%	$7.11	—	COM	781182100
VSAT	VIASAT INC	18,000	$1,243	0.6%	$64.98	0.0%	Call	92552V100
—	OCI RES LP	51,896	$1,126	0.6%	$18.35	—	COM UNIT LTD	67081B106
—	GEEKNET INC	75,950	$1,065	0.5%	$15.62	—	COM NEW	36846Q203
—	PREMIER EXIBITIONS INC	1,131,816	$1,064	0.5%	$1.15	—	COM	74051E102
RVP	RETRACTABLE TECHNOLOGIES INC	271,703	$1,030	0.5%	$3.25	+9.9%	COM	76129W105
—	ADCARE HEALTH SYSTEMS INC	243,671	$1,014	0.5%	$4.12	—	COM NEW	00650W300
—	WI-LAN INC	339,451	$1,012	0.5%	$3.33	—	COM	928972108
—	STONEGATE MTG CORP	49,071	$729	0.4%	$14.86	—	COM	86181Q300
—	STOCK BLDG SUPPLY HLDGS INC	33,072	$672	0.3%	$18.02	—	COM	86101X104
—	SENOMYX INC	59,100	$632	0.3%	—	—	Put	81724Q107
—	REVETT MNG CO	635,989	$502	0.2%	$0.73	—	COM NEW	761505205
—	SKILLED HEALTHCARE GROUP INC	92,909	$490	0.2%	$4.36	—	CL A	83066R107
—	SMARTPROS LTD	171,102	$394	0.2%	$1.42	—	COM	83171G103
SLRC	SOLAR CAP LTD	12,469	$272	0.1%	$7.45	0.0%	COM	83413U100
—	FIRST SOUTH BANCORP INC VA	24,415	$212	0.1%	$7.86	—	COM	33646W100
—	ZIPREALTY INC	63,826	$209	0.1%	$3.27	—	COM	98974V107
ASUR	ASURE SOFTWARE INC	29,693	$197	0.1%	$5.55	+6.2%	COM	04649U102
RLGT	RADIANT LOGISTICS INC	47,924	$148	0.1%	$2.29	+26.3%	COM	75025X100