Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value ($000): $209,803 (100.0% shares, 0.0% debt)

Holdings (40)

UHAL AMERCO 12.9%

Value ($000) $27,081 Shares 93,137 Est. Cost $17.21 Unrealized +53.6%

JLL JONES LANG LASALLE INC 10.4%

Value ($000) $21,781 Shares 172,329 Est. Cost $89.76 Unrealized +30.2%

— IAC INTERACTIVECORP 8.2%

Value ($000) $17,289 Shares 249,730 Est. Cost $69.73 Unrealized —

HLF HERBALIFE LTD 8.2%

Value ($000) $17,125 Shares 265,335 Est. Cost $31.05 Unrealized -1.3%

— BGC PARTNERS INC 6.2%

Value ($000) $12,950 Shares 1,740,586 Est. Cost $6.86 Unrealized —

VOYA VOYA FINL INC 5.5%

Value ($000) $11,532 Shares 317,344 Est. Cost $31.98 Unrealized 0.0%

— JGWPT HLDGS INC 5.4%

Value ($000) $11,374 Shares 1,010,106 Est. Cost $15.81 Unrealized —

NUS NU SKIN ENTERPRISES INC 5.3%

Value ($000) $11,183 Shares 151,199 Est. Cost $57.67 Unrealized -6.4%

STC STEWART INFORMATION SVCS COR 3.7%

Value ($000) $7,843 Shares 252,912 Est. Cost $32.21 Unrealized -0.8%

— E HOUSE CHINA HLDGS LTD 3.6%

Value ($000) $7,582 Shares 876,505 Est. Cost $8.65 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 3.6%

Value ($000) $7,507 Shares 41,415 Est. Cost $110.69 Unrealized +1.4%

SSNC SS&C TECHNOLOGIES HLDGS INC 3.3%

Value ($000) $7,018 Shares 158,700 Est. Cost $20.69 Unrealized 0.0%

CNC CENTENE CORP DEL 3.3%

Value ($000) $6,830 Shares 90,334 Est. Cost $17.18 Unrealized 0.0%

MET METLIFE INC 3.0%

Value ($000) $6,372 Shares 114,687 Est. Cost $25.85 Unrealized +23.2%

— HARBINGER GROUP INC 2.9%

Value ($000) $6,118 Shares 481,721 Est. Cost $12.14 Unrealized —

— MORGANS HOTEL GROUP CO 2.8%

Value ($000) $5,916 Shares 746,087 Est. Cost $8.04 Unrealized —

EG EVEREST RE GROUP LTD 2.7%

Value ($000) $5,631 Shares 35,086 Est. Cost $107.20 Unrealized +15.5%

— CHICAGO BRIDGE & IRON CO N V 1.4%

Value ($000) $2,876 Shares 42,173 Est. Cost $68.20 Unrealized —

— E TRADE FINANCIAL CORP 1.0%

Value ($000) $2,073 Shares 97,494 Est. Cost $21.26 Unrealized —

TUR ISHARES 0.8%

Value ($000) $1,729 Shares 31,123 Est. Cost $57.06 Unrealized —

— VIOLIN MEMORY INC 0.7%

Value ($000) $1,397 Shares 315,460 Est. Cost $4.00 Unrealized —

— GEEKNET INC 0.6%

Value ($000) $1,351 Shares 108,304 Est. Cost $14.68 Unrealized —

HLF HERBALIFE LTD 0.5%

Value ($000) $1,117 Shares 17,300 Est. Cost $31.05 Unrealized -1.3%

— ADCARE HEALTH SYSTEMS INC 0.5%

Value ($000) $1,096 Shares 256,171 Est. Cost $4.13 Unrealized —

NUS NU SKIN ENTERPRISES INC 0.5%

Value ($000) $1,080 Shares 14,600 Est. Cost $57.67 Unrealized -6.4%

— BLYTH INC 0.5%

Value ($000) $1,024 Shares 131,595 Est. Cost $13.67 Unrealized —

— PREMIER EXIBITIONS INC 0.4%

Value ($000) $942 Shares 1,163,201 Est. Cost $1.14 Unrealized —

— NATIONAL CINEMEDIA INC 0.4%

Value ($000) $760 Shares 43,400 Est. Cost $17.51 Unrealized —

RVP RETRACTABLE TECHNOLOGIES INC 0.3%

Value ($000) $679 Shares 271,703 Est. Cost $3.25 Unrealized -3.6%

— STOCK BLDG SUPPLY HLDGS INC 0.3%

Value ($000) $653 Shares 33,072 Est. Cost $18.02 Unrealized —

— SMARTPROS LTD 0.2%

Value ($000) $399 Shares 171,102 Est. Cost $1.42 Unrealized —

CXDO CREXENDO INC 0.2%

Value ($000) $357 Shares 111,700 Est. Cost — Unrealized —

SLRC SOLAR CAP LTD 0.1%

Value ($000) $265 Shares 12,469 Est. Cost $7.45 Unrealized -2.3%

— FIRST SOUTH BANCORP INC VA 0.1%

Value ($000) $195 Shares 24,415 Est. Cost $7.86 Unrealized —

— ZIPREALTY INC 0.1%

Value ($000) $193 Shares 63,826 Est. Cost $3.27 Unrealized —

ASUR ASURE SOFTWARE INC 0.1%

Value ($000) $179 Shares 29,693 Est. Cost $5.55 Unrealized +10.6%

RLGT RADIANT LOGISTICS INC 0.1%

Value ($000) $148 Shares 47,924 Est. Cost $2.29 Unrealized +34.2%

— TOWN SPORTS INTL HLDGS INC 0.0%

Value ($000) $101 Shares 15,200 Est. Cost $6.64 Unrealized —

GULTU GULF COAST ULTRA DEEP RTY TR 0.0%

Value ($000) $56 Shares 19,063 Est. Cost $2.94 Unrealized —

— WEST CORP 0.0%

Value ($000) $1 Shares 42,098 Est. Cost $0.02 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UHAL	AMERCO	93,137	$27,081	12.9%	$17.21	+53.6%	COM	023586100
JLL	JONES LANG LASALLE INC	172,329	$21,781	10.4%	$89.76	+30.2%	COM	48020Q107
—	IAC INTERACTIVECORP	249,730	$17,289	8.2%	$69.73	—	COM PAR $.001	44919P508
HLF	HERBALIFE LTD	265,335	$17,125	8.2%	$31.05	-1.3%	COM USD SHS	G4412G101
—	BGC PARTNERS INC	1,740,586	$12,950	6.2%	$6.86	—	CL A	05541T101
VOYA	VOYA FINL INC	317,344	$11,532	5.5%	$31.98	0.0%	COM	929089100
—	JGWPT HLDGS INC	1,010,106	$11,374	5.4%	$15.81	—	CL A	46617M109
NUS	NU SKIN ENTERPRISES INC	151,199	$11,183	5.3%	$57.67	-6.4%	CL A	67018T105
STC	STEWART INFORMATION SVCS COR	252,912	$7,843	3.7%	$32.21	-0.8%	COM	860372101
—	E HOUSE CHINA HLDGS LTD	876,505	$7,582	3.6%	$8.65	—	ADR	26852W103
IBM	INTERNATIONAL BUSINESS MACHS	41,415	$7,507	3.6%	$110.69	+1.4%	COM	459200101
SSNC	SS&C TECHNOLOGIES HLDGS INC	158,700	$7,018	3.3%	$20.69	0.0%	COM	78467J100
CNC	CENTENE CORP DEL	90,334	$6,830	3.3%	$17.18	0.0%	COM	15135B101
MET	METLIFE INC	114,687	$6,372	3.0%	$25.85	+23.2%	COM	59156R108
—	HARBINGER GROUP INC	481,721	$6,118	2.9%	$12.14	—	COM	41146A106
—	MORGANS HOTEL GROUP CO	746,087	$5,916	2.8%	$8.04	—	COM	61748W108
EG	EVEREST RE GROUP LTD	35,086	$5,631	2.7%	$107.20	+15.5%	COM	G3223R108
—	CHICAGO BRIDGE & IRON CO N V	42,173	$2,876	1.4%	$68.20	—	COM	167250109
—	E TRADE FINANCIAL CORP	97,494	$2,073	1.0%	$21.26	—	COM NEW	269246401
TUR	ISHARES	31,123	$1,729	0.8%	$57.06	—	MSCI TURKEY ETF	464286715
—	VIOLIN MEMORY INC	315,460	$1,397	0.7%	$4.00	—	COM	92763A101
—	GEEKNET INC	108,304	$1,351	0.6%	$14.68	—	COM NEW	36846Q203
HLF	HERBALIFE LTD	17,300	$1,117	0.5%	$31.05	-1.3%	Call	G4412G101
—	ADCARE HEALTH SYSTEMS INC	256,171	$1,096	0.5%	$4.13	—	COM NEW	00650W300
NUS	NU SKIN ENTERPRISES INC	14,600	$1,080	0.5%	$57.67	-6.4%	Call	67018T105
—	BLYTH INC	131,595	$1,024	0.5%	$13.67	—	COM NEW	09643P207
—	PREMIER EXIBITIONS INC	1,163,201	$942	0.4%	$1.14	—	COM	74051E102
—	NATIONAL CINEMEDIA INC	43,400	$760	0.4%	$17.51	—	COM	635309107
RVP	RETRACTABLE TECHNOLOGIES INC	271,703	$679	0.3%	$3.25	-3.6%	COM	76129W105
—	STOCK BLDG SUPPLY HLDGS INC	33,072	$653	0.3%	$18.02	—	COM	86101X104
—	SMARTPROS LTD	171,102	$399	0.2%	$1.42	—	COM	83171G103
CXDO	CREXENDO INC	111,700	$357	0.2%	—	—	Call	226552107
SLRC	SOLAR CAP LTD	12,469	$265	0.1%	$7.45	-2.3%	COM	83413U100
—	FIRST SOUTH BANCORP INC VA	24,415	$195	0.1%	$7.86	—	COM	33646W100
—	ZIPREALTY INC	63,826	$193	0.1%	$3.27	—	COM	98974V107
ASUR	ASURE SOFTWARE INC	29,693	$179	0.1%	$5.55	+10.6%	COM	04649U102
RLGT	RADIANT LOGISTICS INC	47,924	$148	0.1%	$2.29	+34.2%	COM	75025X100
—	TOWN SPORTS INTL HLDGS INC	15,200	$101	0.0%	$6.64	—	COM	89214A102
GULTU	GULF COAST ULTRA DEEP RTY TR	19,063	$56	0.0%	$2.94	—	ROYALTY TR UNT	40222T104
—	WEST CORP	42,098	$1	0.0%	$0.02	—	COM	952355204