Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q4 2015 (← Previous) (Next →)

Filing Date: Feb 16, 2016

Total Value ($000): $391,116 (100.0% shares, 0.0% debt)

Holdings (46)

JLL JONES LANG LASALLE INC 13.9%

Value ($000) $54,280 Shares 339,547 Est. Cost $128.55 Unrealized +20.2%

— MCGRAW HILL FINL INC 8.1%

Value ($000) $31,660 Shares 321,157 Est. Cost $96.00 Unrealized —

— PAREXEL INTL CORP 7.1%

Value ($000) $27,768 Shares 407,629 Est. Cost $64.65 Unrealized —

— MARKIT LTD 6.3%

Value ($000) $24,692 Shares 818,413 Est. Cost $26.92 Unrealized —

MCK MCKESSON CORP 5.7%

Value ($000) $22,316 Shares 113,145 Est. Cost $188.03 Unrealized -7.2%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 4.8%

Value ($000) $18,963 Shares 315,938 Est. Cost $44.13 Unrealized +29.5%

— LUXOFT HLDG INC 3.6%

Value ($000) $14,147 Shares 183,424 Est. Cost $52.01 Unrealized —

GPC GENUINE PARTS CO 3.6%

Value ($000) $14,099 Shares 164,151 Est. Cost $65.22 Unrealized 0.0%

KFY KORN FERRY INTL 3.5%

Value ($000) $13,871 Shares 418,051 Est. Cost $25.03 Unrealized +21.3%

— PRICELINE GRP INC 3.3%

Value ($000) $13,098 Shares 10,273 Est. Cost $1162.81 Unrealized —

— TARO PHARMACEUTICAL INDS LTD 3.2%

Value ($000) $12,672 Shares 81,996 Est. Cost $143.59 Unrealized —

— SOTHEBYS 3.0%

Value ($000) $11,612 Shares 450,785 Est. Cost $43.25 Unrealized —

UHAL AMERCO 2.9%

Value ($000) $11,394 Shares 29,253 Est. Cost $17.37 Unrealized +132.7%

EPAM EPAM SYS INC 2.9%

Value ($000) $11,227 Shares 142,803 Est. Cost $72.17 Unrealized +8.1%

WSM WILLIAMS SONOMA INC 2.8%

Value ($000) $10,905 Shares 186,701 Est. Cost $26.85 Unrealized 0.0%

RHI ROBERT HALF INTL INC 2.8%

Value ($000) $10,887 Shares 230,958 Est. Cost $50.44 Unrealized 0.0%

YELP YELP INC 2.5%

Value ($000) $9,753 Shares 338,651 Est. Cost $27.74 Unrealized -5.3%

— LIFELOCK INC 2.2%

Value ($000) $8,732 Shares 608,504 Est. Cost $8.76 Unrealized —

SAIA SAIA INC 2.0%

Value ($000) $7,797 Shares 350,445 Est. Cost $25.83 Unrealized 0.0%

MLKN MILLER HERMAN INC 1.4%

Value ($000) $5,631 Shares 196,207 Est. Cost $21.96 Unrealized +9.1%

RUSHA RUSH ENTERPRISES INC 1.2%

Value ($000) $4,793 Shares 218,952 Est. Cost $10.64 Unrealized 0.0%

LNN LINDSAY CORP 1.2%

Value ($000) $4,604 Shares 63,592 Est. Cost $61.04 Unrealized 0.0%

— STEELCASE INC 1.1%

Value ($000) $4,303 Shares 288,789 Est. Cost $14.90 Unrealized —

ETSY ETSY INC 1.1%

Value ($000) $4,285 Shares 518,727 Est. Cost $10.15 Unrealized 0.0%

— FRESH MKT INC 1.1%

Value ($000) $4,136 Shares 176,585 Est. Cost $22.79 Unrealized —

— POTBELLY CORP 1.0%

Value ($000) $4,014 Shares 342,792 Est. Cost $11.71 Unrealized —

ICFI ICF INTL INC 1.0%

Value ($000) $3,745 Shares 105,326 Est. Cost $33.47 Unrealized 0.0%

— FIESTA RESTAURANT GROUP INC 0.9%

Value ($000) $3,533 Shares 105,163 Est. Cost $33.60 Unrealized —

LPLA LPL FINL HLDGS INC 0.8%

Value ($000) $3,244 Shares 76,063 Est. Cost $42.59 Unrealized 0.0%

GBX GREENBRIER COS INC 0.7%

Value ($000) $2,654 Shares 81,376 Est. Cost $25.60 Unrealized 0.0%

WCC WESCO INTL INC 0.6%

Value ($000) $2,234 Shares 51,136 Est. Cost $45.31 Unrealized 0.0%

— ZAIS FINL CORP 0.5%

Value ($000) $2,023 Shares 134,149 Est. Cost $16.17 Unrealized —

— INTERVAL LEISURE GROUP INC 0.5%

Value ($000) $1,932 Shares 123,742 Est. Cost $15.61 Unrealized —

— BGC PARTNERS INC 0.4%

Value ($000) $1,644 Shares 167,589 Est. Cost $7.34 Unrealized —

— FOGO DE CHAO INC 0.4%

Value ($000) $1,501 Shares 99,032 Est. Cost $15.16 Unrealized —

— E-COMMERCE CHINA DANGDANG IN 0.4%

Value ($000) $1,500 Shares 208,581 Est. Cost $5.97 Unrealized —

XHR XENIA HOTELS & RESORTS INC 0.3%

Value ($000) $1,361 Shares 88,771 Est. Cost $15.33 Unrealized —

— PERFORMANCE SPORTS GROUP LTD 0.2%

Value ($000) $907 Shares 94,229 Est. Cost $9.63 Unrealized —

— ENVESTNET INC 0.2%

Value ($000) $689 Shares 23,072 Est. Cost $29.86 Unrealized —

— CHASE CORP 0.1%

Value ($000) $543 Shares 13,338 Est. Cost $39.86 Unrealized —

WBS WEBSTER FINL CORP CONN 0.1%

Value ($000) $500 Shares 13,439 Est. Cost $33.59 Unrealized +12.8%

— MORGANS HOTEL GROUP CO 0.1%

Value ($000) $469 Shares 139,185 Est. Cost $4.35 Unrealized —

HST HOST HOTELS & RESORTS INC 0.1%

Value ($000) $415 Shares 27,058 Est. Cost $11.03 Unrealized 0.0%

— LASALLE HOTEL PPTYS 0.1%

Value ($000) $320 Shares 12,725 Est. Cost $25.15 Unrealized —

— FIRST SOUTH BANCORP INC VA 0.1%

Value ($000) $209 Shares 24,415 Est. Cost $7.86 Unrealized —

PRXIQ PREMIER EXHIBITIONS INC 0.0%

Value ($000) $54 Shares 83,255 Est. Cost $4.47 Unrealized -75.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
JLL	JONES LANG LASALLE INC	339,547	$54,280	13.9%	$128.55	+20.2%	COM	48020Q107
—	MCGRAW HILL FINL INC	321,157	$31,660	8.1%	$96.00	—	COM	580645109
—	PAREXEL INTL CORP	407,629	$27,768	7.1%	$64.65	—	COM	699462107
—	MARKIT LTD	818,413	$24,692	6.3%	$26.92	—	SHS	G58249106
MCK	MCKESSON CORP	113,145	$22,316	5.7%	$188.03	-7.2%	COM	58155Q103
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	315,938	$18,963	4.8%	$44.13	+29.5%	CL A	192446102
—	LUXOFT HLDG INC	183,424	$14,147	3.6%	$52.01	—	ORD SHS CL A	G57279104
GPC	GENUINE PARTS CO	164,151	$14,099	3.6%	$65.22	0.0%	COM	372460105
KFY	KORN FERRY INTL	418,051	$13,871	3.5%	$25.03	+21.3%	COM NEW	500643200
—	PRICELINE GRP INC	10,273	$13,098	3.3%	$1162.81	—	COM NEW	741503403
—	TARO PHARMACEUTICAL INDS LTD	81,996	$12,672	3.2%	$143.59	—	SHS	M8737E108
—	SOTHEBYS	450,785	$11,612	3.0%	$43.25	—	COM	835898107
UHAL	AMERCO	29,253	$11,394	2.9%	$17.37	+132.7%	COM	023586100
EPAM	EPAM SYS INC	142,803	$11,227	2.9%	$72.17	+8.1%	COM	29414B104
WSM	WILLIAMS SONOMA INC	186,701	$10,905	2.8%	$26.85	0.0%	COM	969904101
RHI	ROBERT HALF INTL INC	230,958	$10,887	2.8%	$50.44	0.0%	COM	770323103
YELP	YELP INC	338,651	$9,753	2.5%	$27.74	-5.3%	CL A	985817105
—	LIFELOCK INC	608,504	$8,732	2.2%	$8.76	—	COM	53224V100
SAIA	SAIA INC	350,445	$7,797	2.0%	$25.83	0.0%	COM	78709Y105
MLKN	MILLER HERMAN INC	196,207	$5,631	1.4%	$21.96	+9.1%	COM	600544100
RUSHA	RUSH ENTERPRISES INC	218,952	$4,793	1.2%	$10.64	0.0%	CL A	781846209
LNN	LINDSAY CORP	63,592	$4,604	1.2%	$61.04	0.0%	COM	535555106
—	STEELCASE INC	288,789	$4,303	1.1%	$14.90	—	CL A	858155203
ETSY	ETSY INC	518,727	$4,285	1.1%	$10.15	0.0%	COM	29786A106
—	FRESH MKT INC	176,585	$4,136	1.1%	$22.79	—	COM	35804H106
—	POTBELLY CORP	342,792	$4,014	1.0%	$11.71	—	COM	73754Y100
ICFI	ICF INTL INC	105,326	$3,745	1.0%	$33.47	0.0%	COM	44925C103
—	FIESTA RESTAURANT GROUP INC	105,163	$3,533	0.9%	$33.60	—	COM	31660B101
LPLA	LPL FINL HLDGS INC	76,063	$3,244	0.8%	$42.59	0.0%	COM	50212V100
GBX	GREENBRIER COS INC	81,376	$2,654	0.7%	$25.60	0.0%	COM	393657101
WCC	WESCO INTL INC	51,136	$2,234	0.6%	$45.31	0.0%	COM	95082P105
—	ZAIS FINL CORP	134,149	$2,023	0.5%	$16.17	—	COM	98886K108
—	INTERVAL LEISURE GROUP INC	123,742	$1,932	0.5%	$15.61	—	COM	46113M108
—	BGC PARTNERS INC	167,589	$1,644	0.4%	$7.34	—	CL A	05541T101
—	FOGO DE CHAO INC	99,032	$1,501	0.4%	$15.16	—	COM	344177100
—	E-COMMERCE CHINA DANGDANG IN	208,581	$1,500	0.4%	$5.97	—	SPN ADS COM A	26833A105
XHR	XENIA HOTELS & RESORTS INC	88,771	$1,361	0.3%	$15.33	—	COM	984017103
—	PERFORMANCE SPORTS GROUP LTD	94,229	$907	0.2%	$9.63	—	COM	71377G100
—	ENVESTNET INC	23,072	$689	0.2%	$29.86	—	COM	29404K106
—	CHASE CORP	13,338	$543	0.1%	$39.86	—	COM	16150R104
WBS	WEBSTER FINL CORP CONN	13,439	$500	0.1%	$33.59	+12.8%	COM	947890109
—	MORGANS HOTEL GROUP CO	139,185	$469	0.1%	$4.35	—	COM	61748W108
HST	HOST HOTELS & RESORTS INC	27,058	$415	0.1%	$11.03	0.0%	COM	44107P104
—	LASALLE HOTEL PPTYS	12,725	$320	0.1%	$25.15	—	COM SH BEN INT	517942108
—	FIRST SOUTH BANCORP INC VA	24,415	$209	0.1%	$7.86	—	COM	33646W100
PRXIQ	PREMIER EXHIBITIONS INC	83,255	$54	0.0%	$4.47	-75.0%	COM NEW	74051E201