Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 13, 2015

Total Value ($000): $343,665 (100.0% shares, 0.0% debt)

Holdings (41)

JLL JONES LANG LASALLE INC 11.9%

Value ($000) $40,783 Shares 283,665 Est. Cost $123.43 Unrealized +29.2%

— MCGRAW HILL FINL INC 8.7%

Value ($000) $30,024 Shares 347,095 Est. Cost $96.00 Unrealized —

— MARKIT LTD 6.3%

Value ($000) $21,746 Shares 749,856 Est. Cost $26.62 Unrealized —

CTSH COGNIZANT TECHNOLOGY SOLUTIO 6.1%

Value ($000) $20,852 Shares 333,039 Est. Cost $44.13 Unrealized +26.1%

— LUXOFT HLDG INC 5.7%

Value ($000) $19,556 Shares 308,988 Est. Cost $52.01 Unrealized —

UHAL AMERCO 5.0%

Value ($000) $17,181 Shares 43,666 Est. Cost $17.37 Unrealized +109.2%

— PAREXEL INTL CORP 4.8%

Value ($000) $16,478 Shares 266,112 Est. Cost $62.81 Unrealized —

YELP YELP INC 4.7%

Value ($000) $16,021 Shares 739,664 Est. Cost $27.74 Unrealized 0.0%

— PRICELINE GRP INC 4.5%

Value ($000) $15,437 Shares 12,481 Est. Cost $1162.81 Unrealized —

— LIFELOCK INC 4.5%

Value ($000) $15,334 Shares 1,750,475 Est. Cost $8.76 Unrealized —

EPAM EPAM SYS INC 4.4%

Value ($000) $15,090 Shares 202,500 Est. Cost $72.17 Unrealized 0.0%

— SOTHEBYS 4.3%

Value ($000) $14,802 Shares 462,860 Est. Cost $43.25 Unrealized —

MCK MCKESSON CORP 3.9%

Value ($000) $13,434 Shares 72,603 Est. Cost $195.59 Unrealized 0.0%

KFY KORN FERRY INTL 3.8%

Value ($000) $13,132 Shares 397,086 Est. Cost $24.75 Unrealized +18.9%

— TARO PHARMACEUTICAL INDS LTD 3.2%

Value ($000) $11,008 Shares 77,040 Est. Cost $142.89 Unrealized —

UNH UNITEDHEALTH GROUP INC 3.0%

Value ($000) $10,382 Shares 89,490 Est. Cost $96.09 Unrealized +5.3%

MLKN MILLER HERMAN INC 2.2%

Value ($000) $7,551 Shares 261,818 Est. Cost $21.96 Unrealized -0.7%

CYH COMMUNITY HEALTH SYS INC NEW 1.6%

Value ($000) $5,479 Shares 128,107 Est. Cost $41.41 Unrealized +10.7%

— COOPER COS INC 1.5%

Value ($000) $5,210 Shares 35,000 Est. Cost $148.86 Unrealized —

— BGC PARTNERS INC 1.4%

Value ($000) $4,833 Shares 588,000 Est. Cost $7.34 Unrealized —

— TWITTER INC 1.3%

Value ($000) $4,416 Shares 163,935 Est. Cost $34.71 Unrealized —

ICLR ICON PLC 1.2%

Value ($000) $4,064 Shares 57,264 Est. Cost $75.27 Unrealized 0.0%

WMT WAL-MART STORES INC 1.0%

Value ($000) $3,485 Shares 53,746 Est. Cost $18.91 Unrealized 0.0%

— FRESH MKT INC 0.9%

Value ($000) $3,002 Shares 132,912 Est. Cost $22.59 Unrealized —

— ZS PHARMA INC 0.9%

Value ($000) $2,956 Shares 45,021 Est. Cost $65.66 Unrealized —

— ZAIS FINL CORP 0.5%

Value ($000) $1,798 Shares 134,149 Est. Cost $16.17 Unrealized —

UNFI UNITED NAT FOODS INC 0.5%

Value ($000) $1,649 Shares 33,993 Est. Cost $51.37 Unrealized 0.0%

CNC CENTENE CORP DEL 0.4%

Value ($000) $1,522 Shares 28,073 Est. Cost $33.46 Unrealized 0.0%

TNET TRINET GROUP INC 0.4%

Value ($000) $1,329 Shares 79,101 Est. Cost $30.50 Unrealized -34.7%

— E-COMMERCE CHINA DANGDANG IN 0.4%

Value ($000) $1,302 Shares 218,070 Est. Cost $5.97 Unrealized —

— SOLARWINDS INC 0.2%

Value ($000) $798 Shares 20,334 Est. Cost $39.24 Unrealized —

— ECHO GLOBAL LOGISTICS INC 0.1%

Value ($000) $509 Shares 25,948 Est. Cost $19.62 Unrealized —

WBS WEBSTER FINL CORP CONN 0.1%

Value ($000) $502 Shares 14,087 Est. Cost $33.59 Unrealized +10.9%

— MORGANS HOTEL GROUP CO 0.1%

Value ($000) $441 Shares 132,851 Est. Cost $4.39 Unrealized —

— CHASE CORP 0.1%

Value ($000) $419 Shares 10,638 Est. Cost $39.65 Unrealized —

— SMARTPROS LTD 0.1%

Value ($000) $388 Shares 145,708 Est. Cost $1.42 Unrealized —

— RETAILMENOT INC 0.1%

Value ($000) $327 Shares 39,684 Est. Cost $8.24 Unrealized —

PRXIQ PREMIER EXHIBITIONS INC 0.1%

Value ($000) $209 Shares 116,321 Est. Cost $4.47 Unrealized -39.3%

— FIRST SOUTH BANCORP INC VA 0.1%

Value ($000) $193 Shares 24,415 Est. Cost $7.86 Unrealized —

— DEX MEDIA INC NEW 0.0%

Value ($000) $17 Shares 123,673 Est. Cost $0.73 Unrealized —

GULTU GULF COAST ULTRA DEEP RTY TR 0.0%

Value ($000) $6 Shares 19,058 Est. Cost $2.94 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JLL	JONES LANG LASALLE INC	283,665	$40,783	11.9%	$123.43	+29.2%	COM	48020Q107
—	MCGRAW HILL FINL INC	347,095	$30,024	8.7%	$96.00	—	COM	580645109
—	MARKIT LTD	749,856	$21,746	6.3%	$26.62	—	SHS	G58249106
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	333,039	$20,852	6.1%	$44.13	+26.1%	CL A	192446102
—	LUXOFT HLDG INC	308,988	$19,556	5.7%	$52.01	—	ORD SHS CL A	G57279104
UHAL	AMERCO	43,666	$17,181	5.0%	$17.37	+109.2%	COM	023586100
—	PAREXEL INTL CORP	266,112	$16,478	4.8%	$62.81	—	COM	699462107
YELP	YELP INC	739,664	$16,021	4.7%	$27.74	0.0%	CL A	985817105
—	PRICELINE GRP INC	12,481	$15,437	4.5%	$1162.81	—	COM NEW	741503403
—	LIFELOCK INC	1,750,475	$15,334	4.5%	$8.76	—	COM	53224V100
EPAM	EPAM SYS INC	202,500	$15,090	4.4%	$72.17	0.0%	COM	29414B104
—	SOTHEBYS	462,860	$14,802	4.3%	$43.25	—	COM	835898107
MCK	MCKESSON CORP	72,603	$13,434	3.9%	$195.59	0.0%	COM	58155Q103
KFY	KORN FERRY INTL	397,086	$13,132	3.8%	$24.75	+18.9%	COM NEW	500643200
—	TARO PHARMACEUTICAL INDS LTD	77,040	$11,008	3.2%	$142.89	—	SHS	M8737E108
UNH	UNITEDHEALTH GROUP INC	89,490	$10,382	3.0%	$96.09	+5.3%	COM	91324P102
MLKN	MILLER HERMAN INC	261,818	$7,551	2.2%	$21.96	-0.7%	COM	600544100
CYH	COMMUNITY HEALTH SYS INC NEW	128,107	$5,479	1.6%	$41.41	+10.7%	COM	203668108
—	COOPER COS INC	35,000	$5,210	1.5%	$148.86	—	COM NEW	216648402
—	BGC PARTNERS INC	588,000	$4,833	1.4%	$7.34	—	CL A	05541T101
—	TWITTER INC	163,935	$4,416	1.3%	$34.71	—	COM	90184L102
ICLR	ICON PLC	57,264	$4,064	1.2%	$75.27	0.0%	SHS	G4705A100
WMT	WAL-MART STORES INC	53,746	$3,485	1.0%	$18.91	0.0%	COM	931142103
—	FRESH MKT INC	132,912	$3,002	0.9%	$22.59	—	COM	35804H106
—	ZS PHARMA INC	45,021	$2,956	0.9%	$65.66	—	COM	98979G105
—	ZAIS FINL CORP	134,149	$1,798	0.5%	$16.17	—	COM	98886K108
UNFI	UNITED NAT FOODS INC	33,993	$1,649	0.5%	$51.37	0.0%	COM	911163103
CNC	CENTENE CORP DEL	28,073	$1,522	0.4%	$33.46	0.0%	COM	15135B101
TNET	TRINET GROUP INC	79,101	$1,329	0.4%	$30.50	-34.7%	COM	896288107
—	E-COMMERCE CHINA DANGDANG IN	218,070	$1,302	0.4%	$5.97	—	SPN ADS COM A	26833A105
—	SOLARWINDS INC	20,334	$798	0.2%	$39.24	—	COM	83416B109
—	ECHO GLOBAL LOGISTICS INC	25,948	$509	0.1%	$19.62	—	COM	27875T101
WBS	WEBSTER FINL CORP CONN	14,087	$502	0.1%	$33.59	+10.9%	COM	947890109
—	MORGANS HOTEL GROUP CO	132,851	$441	0.1%	$4.39	—	COM	61748W108
—	CHASE CORP	10,638	$419	0.1%	$39.65	—	COM	16150R104
—	SMARTPROS LTD	145,708	$388	0.1%	$1.42	—	COM	83171G103
—	RETAILMENOT INC	39,684	$327	0.1%	$8.24	—	COM SER 1	76132B106
PRXIQ	PREMIER EXHIBITIONS INC	116,321	$209	0.1%	$4.47	-39.3%	COM NEW	74051E201
—	FIRST SOUTH BANCORP INC VA	24,415	$193	0.1%	$7.86	—	COM	33646W100
—	DEX MEDIA INC NEW	123,673	$17	0.0%	$0.73	—	COM	25213A107
GULTU	GULF COAST ULTRA DEEP RTY TR	19,058	$6	0.0%	$2.94	—	ROYALTY TR UNT	40222T104