Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q3 2014 (← Previous) (Next →)

Filing Date: Nov 18, 2014

Total Value ($000): $193,579

Holdings (37)

UHAL AMERCO 12.6%

Value ($000) $24,430 Shares 93,285 Est. Cost $17.21 Unrealized +60.7%

JLL JONES LANG LASALLE INC 10.1%

Value ($000) $19,529 Shares 154,576 Est. Cost $89.76 Unrealized +40.8%

SSNC SS&C TECHNOLOGIES HLDGS INC 7.4%

Value ($000) $14,230 Shares 324,231 Est. Cost $21.43 Unrealized +3.3%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 6.9%

Value ($000) $13,432 Shares 300,012 Est. Cost $41.72 Unrealized 0.0%

STC STEWART INFORMATION SVCS COR 5.1%

Value ($000) $9,951 Shares 339,030 Est. Cost $31.93 Unrealized -2.6%

— E HOUSE CHINA HLDGS LTD 5.0%

Value ($000) $9,741 Shares 1,023,244 Est. Cost $8.77 Unrealized —

— J G WENTWORTH CO 4.7%

Value ($000) $9,124 Shares 736,379 Est. Cost $12.39 Unrealized —

NUS NU SKIN ENTERPRISES INC 4.3%

Value ($000) $8,274 Shares 183,741 Est. Cost $53.93 Unrealized -32.2%

MET METLIFE INC 4.0%

Value ($000) $7,697 Shares 143,275 Est. Cost $27.33 Unrealized +21.8%

— GLOBALSTAR INC 3.8%

Value ($000) $7,290 Shares 1,991,900 Est. Cost — Unrealized —

VOYA VOYA FINL INC 3.6%

Value ($000) $6,929 Shares 177,212 Est. Cost $31.98 Unrealized +6.2%

— BGC PARTNERS INC 3.4%

Value ($000) $6,674 Shares 898,219 Est. Cost $6.86 Unrealized —

EG EVEREST RE GROUP LTD 3.4%

Value ($000) $6,613 Shares 40,817 Est. Cost $110.03 Unrealized +15.7%

IBM INTERNATIONAL BUSINESS MACHS 2.7%

Value ($000) $5,182 Shares 27,300 Est. Cost $110.69 Unrealized +3.3%

— HARBINGER GROUP INC 2.6%

Value ($000) $5,015 Shares 382,245 Est. Cost $12.14 Unrealized —

CNC CENTENE CORP DEL 2.4%

Value ($000) $4,562 Shares 55,159 Est. Cost $17.18 Unrealized +12.2%

— PERFORMANCE SPORTS GROUP LTD 2.1%

Value ($000) $4,111 Shares 255,836 Est. Cost $16.07 Unrealized —

MASI MASIMO CORP 2.0%

Value ($000) $3,918 Shares 184,106 Est. Cost $22.83 Unrealized 0.0%

NUS NU SKIN ENTERPRISES INC 1.9%

Value ($000) $3,755 Shares 83,400 Est. Cost $53.93 Unrealized -32.2%

— CHICAGO BRIDGE & IRON CO N V 1.7%

Value ($000) $3,249 Shares 56,163 Est. Cost $65.62 Unrealized —

HLF HERBALIFE LTD 1.4%

Value ($000) $2,782 Shares 63,588 Est. Cost $31.05 Unrealized -14.0%

AES AES CORP 1.2%

Value ($000) $2,333 Shares 164,553 Est. Cost $9.86 Unrealized 0.0%

IBM INTERNATIONAL BUSINESS MACHS 1.0%

Value ($000) $1,874 Shares 9,873 Est. Cost $110.69 Unrealized +3.3%

— IAC INTERACTIVECORP 0.9%

Value ($000) $1,825 Shares 27,700 Est. Cost $69.73 Unrealized —

GPRO GOPRO INC 0.8%

Value ($000) $1,452 Shares 15,500 Est. Cost — Unrealized —

— CIVEO CORP 0.7%

Value ($000) $1,442 Shares 124,176 Est. Cost $11.61 Unrealized —

— CONNS INC 0.7%

Value ($000) $1,364 Shares 45,045 Est. Cost $30.28 Unrealized —

TUR ISHARES 0.6%

Value ($000) $1,197 Shares 24,397 Est. Cost $57.06 Unrealized —

— GEEKNET INC 0.6%

Value ($000) $1,168 Shares 125,542 Est. Cost $13.94 Unrealized —

CPS COOPER STD HLDGS INC 0.4%

Value ($000) $871 Shares 13,953 Est. Cost $63.65 Unrealized 0.0%

— PREMIER EXIBITIONS INC 0.4%

Value ($000) $861 Shares 1,163,201 Est. Cost $1.14 Unrealized —

RVP RETRACTABLE TECHNOLOGIES INC 0.4%

Value ($000) $836 Shares 288,360 Est. Cost $3.23 Unrealized -9.4%

HLF HERBALIFE LTD 0.4%

Value ($000) $756 Shares 17,300 Est. Cost $31.05 Unrealized -14.0%

— STOCK BLDG SUPPLY HLDGS INC 0.3%

Value ($000) $520 Shares 33,072 Est. Cost $18.02 Unrealized —

— SMARTPROS LTD 0.2%

Value ($000) $356 Shares 171,102 Est. Cost $1.42 Unrealized —

— FIRST SOUTH BANCORP INC VA 0.1%

Value ($000) $198 Shares 24,415 Est. Cost $7.86 Unrealized —

GULTU GULF COAST ULTRA DEEP RTY TR 0.0%

Value ($000) $38 Shares 19,058 Est. Cost $2.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UHAL	AMERCO	93,285	$24,430	12.6%	$17.21	+60.7%	—	023586100
JLL	JONES LANG LASALLE INC	154,576	$19,529	10.1%	$89.76	+40.8%	—	48020Q107
SSNC	SS&C TECHNOLOGIES HLDGS INC	324,231	$14,230	7.4%	$21.43	+3.3%	—	78467J100
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	300,012	$13,432	6.9%	$41.72	0.0%	—	192446102
STC	STEWART INFORMATION SVCS COR	339,030	$9,951	5.1%	$31.93	-2.6%	—	860372101
—	E HOUSE CHINA HLDGS LTD	1,023,244	$9,741	5.0%	$8.77	—	—	26852W103
—	J G WENTWORTH CO	736,379	$9,124	4.7%	$12.39	—	—	46618D108
NUS	NU SKIN ENTERPRISES INC	183,741	$8,274	4.3%	$53.93	-32.2%	—	67018T105
MET	METLIFE INC	143,275	$7,697	4.0%	$27.33	+21.8%	—	59156R108
—	GLOBALSTAR INC	1,991,900	$7,290	3.8%	—	—	PUT	378973408
VOYA	VOYA FINL INC	177,212	$6,929	3.6%	$31.98	+6.2%	—	929089100
—	BGC PARTNERS INC	898,219	$6,674	3.4%	$6.86	—	—	05541T101
EG	EVEREST RE GROUP LTD	40,817	$6,613	3.4%	$110.03	+15.7%	—	G3223R108
IBM	INTERNATIONAL BUSINESS MACHS	27,300	$5,182	2.7%	$110.69	+3.3%	CALL	459200101
—	HARBINGER GROUP INC	382,245	$5,015	2.6%	$12.14	—	—	41146A106
CNC	CENTENE CORP DEL	55,159	$4,562	2.4%	$17.18	+12.2%	—	15135B101
—	PERFORMANCE SPORTS GROUP LTD	255,836	$4,111	2.1%	$16.07	—	—	71377G100
MASI	MASIMO CORP	184,106	$3,918	2.0%	$22.83	0.0%	—	574795100
NUS	NU SKIN ENTERPRISES INC	83,400	$3,755	1.9%	$53.93	-32.2%	CALL	67018T105
—	CHICAGO BRIDGE & IRON CO N V	56,163	$3,249	1.7%	$65.62	—	—	167250109
HLF	HERBALIFE LTD	63,588	$2,782	1.4%	$31.05	-14.0%	—	G4412G101
AES	AES CORP	164,553	$2,333	1.2%	$9.86	0.0%	—	00130H105
IBM	INTERNATIONAL BUSINESS MACHS	9,873	$1,874	1.0%	$110.69	+3.3%	—	459200101
—	IAC INTERACTIVECORP	27,700	$1,825	0.9%	$69.73	—	—	44919P508
GPRO	GOPRO INC	15,500	$1,452	0.8%	—	—	PUT	38268T103
—	CIVEO CORP	124,176	$1,442	0.7%	$11.61	—	—	178787107
—	CONNS INC	45,045	$1,364	0.7%	$30.28	—	—	208242107
TUR	ISHARES	24,397	$1,197	0.6%	$57.06	—	—	464286715
—	GEEKNET INC	125,542	$1,168	0.6%	$13.94	—	—	36846Q203
CPS	COOPER STD HLDGS INC	13,953	$871	0.4%	$63.65	0.0%	—	21676P103
—	PREMIER EXIBITIONS INC	1,163,201	$861	0.4%	$1.14	—	—	74051E102
RVP	RETRACTABLE TECHNOLOGIES INC	288,360	$836	0.4%	$3.23	-9.4%	—	76129W105
HLF	HERBALIFE LTD	17,300	$756	0.4%	$31.05	-14.0%	CALL	G4412G101
—	STOCK BLDG SUPPLY HLDGS INC	33,072	$520	0.3%	$18.02	—	—	86101X104
—	SMARTPROS LTD	171,102	$356	0.2%	$1.42	—	—	83171G103
—	FIRST SOUTH BANCORP INC VA	24,415	$198	0.1%	$7.86	—	—	33646W100
GULTU	GULF COAST ULTRA DEEP RTY TR	19,058	$38	0.0%	$2.94	—	—	40222T104