Kerrisdale Advisers, LLC Quant / Systematic

Location: Miami, FL

CIK: 0001569688 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 17, 2015

Total Value: $200M (100.0% shares, 0.0% debt)

Holdings (34)

UHAL AMERCO 13.5%

Value $26.96M Shares 94,855 Est. Cost $17.37 Unrealized +56.0%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 11.3%

Value $22.62M Shares 429,468 Est. Cost $42.49 Unrealized +4.2%

JLL JONES LANG LASALLE INC 10.9%

Value $21.86M Shares 145,810 Est. Cost $89.76 Unrealized +49.6%

— MARKIT LTD 8.0%

Value $15.92M Shares 602,439 Est. Cost $26.43 Unrealized —

SSNC SS&C TECHNOLOGIES HLDGS INC 7.8%

Value $15.71M Shares 268,534 Est. Cost $21.43 Unrealized +15.6%

— E HOUSE CHINA HLDGS LTD 5.4%

Value $10.87M Shares 1,500,623 Est. Cost $8.29 Unrealized —

— BGC PARTNERS INC 5.1%

Value $10.13M Shares 1,106,884 Est. Cost $7.29 Unrealized —

— CTC MEDIA INC 4.7%

Value $9.474M Shares 1,945,385 Est. Cost $4.87 Unrealized —

KFY KORN FERRY INTL 4.3%

Value $8.678M Shares 301,749 Est. Cost $23.28 Unrealized 0.0%

MET METLIFE INC 4.1%

Value $8.114M Shares 150,018 Est. Cost $27.57 Unrealized +18.8%

OMC OMNICOM GROUP INC 3.2%

Value $6.343M Shares 81,872 Est. Cost $50.26 Unrealized 0.0%

EG EVEREST RE GROUP LTD 3.0%

Value $5.993M Shares 35,192 Est. Cost $110.03 Unrealized +21.2%

— J G WENTWORTH CO 2.9%

Value $5.858M Shares 549,494 Est. Cost $12.39 Unrealized —

— CHICAGO BRIDGE & IRON CO N V 2.4%

Value $4.838M Shares 115,236 Est. Cost $53.50 Unrealized —

— PERFORMANCE SPORTS GROUP LTD 2.2%

Value $4.414M Shares 245,358 Est. Cost $16.07 Unrealized —

IBM INTERNATIONAL BUSINESS MACHS 2.2%

Value $4.316M Shares 26,900 Est. Cost $110.69 Unrealized -9.2%

NUS NU SKIN ENTERPRISES INC 1.8%

Value $3.592M Shares 82,200 Est. Cost $53.93 Unrealized -43.1%

DEO DIAGEO P L C 1.3%

Value $2.525M Shares 22,135 Est. Cost $114.07 Unrealized —

CNVAF CNOVA N V 1.0%

Value $2.016M Shares 254,816 Est. Cost $7.21 Unrealized 0.0%

HUM HUMANA INC 0.8%

Value $1.577M Shares 10,977 Est. Cost $125.04 Unrealized 0.0%

IBM INTERNATIONAL BUSINESS MACHS 0.8%

Value $1.544M Shares 9,624 Est. Cost $110.69 Unrealized -9.2%

RVP RETRACTABLE TECHNOLOGIES INC 0.6%

Value $1.192M Shares 238,317 Est. Cost $3.23 Unrealized +27.0%

CPS COOPER STD HLDGS INC 0.6%

Value $1.153M Shares 19,923 Est. Cost $61.21 Unrealized -9.3%

— GEEKNET INC 0.5%

Value $1.039M Shares 125,542 Est. Cost $13.94 Unrealized —

— PREMIER EXIBITIONS INC 0.4%

Value $710K Shares 1,163,201 Est. Cost $1.14 Unrealized —

HLF HERBALIFE LTD 0.3%

Value $641K Shares 17,000 Est. Cost $31.05 Unrealized -31.1%

CUBI CUSTOMERS BANCORP INC 0.3%

Value $626K Shares 32,153 Est. Cost $18.52 Unrealized 0.0%

— AEROHIVE NETWORKS INC 0.2%

Value $357K Shares 74,355 Est. Cost $4.80 Unrealized —

— SMARTPROS LTD 0.1%

Value $272K Shares 171,102 Est. Cost $1.42 Unrealized —

— MERU NETWORKS INC 0.1%

Value $239K Shares 63,440 Est. Cost $3.77 Unrealized —

— FIRST SOUTH BANCORP INC VA 0.1%

Value $194K Shares 24,415 Est. Cost $7.86 Unrealized —

— CAFEPRESS INC 0.1%

Value $184K Shares 78,180 Est. Cost $2.35 Unrealized —

— LEJU HLDGS LTD 0.1%

Value $134K Shares 12,441 Est. Cost $10.77 Unrealized —

GULTU GULF COAST ULTRA DEEP RTY TR 0.0%

Value $24,000 Shares 19,058 Est. Cost $2.94 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
UHAL	AMERCO	94,855	$26.96M	13.5%	$17.37	+56.0%	COM	023586100
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	429,468	$22.62M	11.3%	$42.49	+4.2%	CL A	192446102
JLL	JONES LANG LASALLE INC	145,810	$21.86M	10.9%	$89.76	+49.6%	COM	48020Q107
—	MARKIT LTD	602,439	$15.92M	8.0%	$26.43	—	SHS	G58249106
SSNC	SS&C TECHNOLOGIES HLDGS INC	268,534	$15.71M	7.8%	$21.43	+15.6%	COM	78467J100
—	E HOUSE CHINA HLDGS LTD	1,500,623	$10.87M	5.4%	$8.29	—	ADR	26852W103
—	BGC PARTNERS INC	1,106,884	$10.13M	5.1%	$7.29	—	CL A	05541T101
—	CTC MEDIA INC	1,945,385	$9.474M	4.7%	$4.87	—	COM	12642X106
KFY	KORN FERRY INTL	301,749	$8.678M	4.3%	$23.28	0.0%	COM NEW	500643200
MET	METLIFE INC	150,018	$8.114M	4.1%	$27.57	+18.8%	COM	59156R108
OMC	OMNICOM GROUP INC	81,872	$6.343M	3.2%	$50.26	0.0%	COM	681919106
EG	EVEREST RE GROUP LTD	35,192	$5.993M	3.0%	$110.03	+21.2%	COM	G3223R108
—	J G WENTWORTH CO	549,494	$5.858M	2.9%	$12.39	—	CL A	46618D108
—	CHICAGO BRIDGE & IRON CO N V	115,236	$4.838M	2.4%	$53.50	—	COM	167250109
—	PERFORMANCE SPORTS GROUP LTD	245,358	$4.414M	2.2%	$16.07	—	COM	71377G100
IBM	INTERNATIONAL BUSINESS MACHS	26,900	$4.316M	2.2%	$110.69	-9.2%	Call	459200101
NUS	NU SKIN ENTERPRISES INC	82,200	$3.592M	1.8%	$53.93	-43.1%	Call	67018T105
DEO	DIAGEO P L C	22,135	$2.525M	1.3%	$114.07	—	SPON ADR NEW	25243Q205
CNVAF	CNOVA N V	254,816	$2.016M	1.0%	$7.21	0.0%	SHS	N20947102
HUM	HUMANA INC	10,977	$1.577M	0.8%	$125.04	0.0%	COM	444859102
IBM	INTERNATIONAL BUSINESS MACHS	9,624	$1.544M	0.8%	$110.69	-9.2%	COM	459200101
RVP	RETRACTABLE TECHNOLOGIES INC	238,317	$1.192M	0.6%	$3.23	+27.0%	COM	76129W105
CPS	COOPER STD HLDGS INC	19,923	$1.153M	0.6%	$61.21	-9.3%	COM	21676P103
—	GEEKNET INC	125,542	$1.039M	0.5%	$13.94	—	COM NEW	36846Q203
—	PREMIER EXIBITIONS INC	1,163,201	$710K	0.4%	$1.14	—	COM	74051E102
HLF	HERBALIFE LTD	17,000	$641K	0.3%	$31.05	-31.1%	Call	G4412G101
CUBI	CUSTOMERS BANCORP INC	32,153	$626K	0.3%	$18.52	0.0%	COM	23204G100
—	AEROHIVE NETWORKS INC	74,355	$357K	0.2%	$4.80	—	COM	007786106
—	SMARTPROS LTD	171,102	$272K	0.1%	$1.42	—	COM	83171G103
—	MERU NETWORKS INC	63,440	$239K	0.1%	$3.77	—	COM	59047Q103
—	FIRST SOUTH BANCORP INC VA	24,415	$194K	0.1%	$7.86	—	COM	33646W100
—	CAFEPRESS INC	78,180	$184K	0.1%	$2.35	—	COM	12769A103
—	LEJU HLDGS LTD	12,441	$134K	0.1%	$10.77	—	SPONSORED ADS	50187J108
GULTU	GULF COAST ULTRA DEEP RTY TR	19,058	$24,000	0.0%	$2.94	—	ROYALTY TR UNT	40222T104