Kerrisdale Advisers, LLC Quant / Systematic

Location: Miami, FL

CIK: 0001569688 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 13, 2016

Total Value: $586M (100.0% shares, 0.0% debt)

Holdings (39)

SPY SPDR S&P 500 ETF TR 12.5%

Value $73.01M Shares 355,252 Est. Cost $205.52 Unrealized —

JLL JONES LANG LASALLE INC 9.8%

Value $57.2M Shares 487,579 Est. Cost $125.48 Unrealized -5.6%

— MCGRAW HILL FINL INC 6.3%

Value $36.74M Shares 371,215 Est. Cost $96.40 Unrealized —

BRO BROWN & BROWN INC 5.8%

Value $33.7M Shares 941,421 Est. Cost $14.72 Unrealized 0.0%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 5.7%

Value $33.62M Shares 536,241 Est. Cost $47.18 Unrealized +9.3%

— PAREXEL INTL CORP 5.4%

Value $31.79M Shares 506,838 Est. Cost $64.28 Unrealized —

— LUXOFT HLDG INC 4.6%

Value $27.1M Shares 492,407 Est. Cost $53.91 Unrealized —

— MARKIT LTD 3.6%

Value $21.3M Shares 602,574 Est. Cost $26.92 Unrealized —

EBAY EBAY INC 3.5%

Value $20.36M Shares 853,168 Est. Cost $21.65 Unrealized 0.0%

YELP YELP INC 3.0%

Value $17.41M Shares 875,918 Est. Cost $23.28 Unrealized -12.1%

— MENTOR GRAPHICS CORP 2.9%

Value $17.02M Shares 837,113 Est. Cost $20.33 Unrealized —

MCK MCKESSON CORP 2.8%

Value $16.28M Shares 103,517 Est. Cost $188.03 Unrealized -20.5%

GPC GENUINE PARTS CO 2.6%

Value $15.45M Shares 155,442 Est. Cost $65.22 Unrealized +2.2%

PYPL PAYPAL HLDGS INC 2.3%

Value $13.26M Shares 343,478 Est. Cost $36.05 Unrealized 0.0%

SNPS SYNOPSYS INC 2.2%

Value $12.75M Shares 263,157 Est. Cost $44.13 Unrealized 0.0%

— QUINTILES TRANSNATIO HLDGS I 2.1%

Value $12.32M Shares 189,200 Est. Cost $65.10 Unrealized —

SAM BOSTON BEER INC 2.1%

Value $12.1M Shares 65,380 Est. Cost $182.28 Unrealized 0.0%

ETSY ETSY INC 2.0%

Value $11.6M Shares 1,333,475 Est. Cost $8.84 Unrealized -9.4%

UHAL AMERCO 1.8%

Value $10.58M Shares 29,604 Est. Cost $17.58 Unrealized +97.9%

CRTO CRITEO S A 1.8%

Value $10.57M Shares 255,228 Est. Cost $41.42 Unrealized —

— TOTAL SYS SVCS INC 1.8%

Value $10.4M Shares 218,507 Est. Cost $47.58 Unrealized —

— STAPLES INC 1.7%

Value $10.03M Shares 909,216 Est. Cost $11.03 Unrealized —

— WAGEWORKS INC 1.7%

Value $9.97M Shares 196,989 Est. Cost $50.61 Unrealized —

— LIFELOCK INC 1.6%

Value $9.26M Shares 767,156 Est. Cost $9.44 Unrealized —

BFH ALLIANCE DATA SYSTEMS CORP 1.5%

Value $8.501M Shares 38,643 Est. Cost $150.81 Unrealized 0.0%

— PRICELINE GRP INC 1.4%

Value $8.095M Shares 6,280 Est. Cost $1162.81 Unrealized —

— ECHO GLOBAL LOGISTICS INC 1.1%

Value $6.195M Shares 228,099 Est. Cost $27.16 Unrealized —

— INFOBLOX INC 1.1%

Value $6.173M Shares 360,972 Est. Cost $17.10 Unrealized —

— FIESTA RESTAURANT GROUP INC 0.9%

Value $5.202M Shares 158,695 Est. Cost $33.32 Unrealized —

— POTBELLY CORP 0.8%

Value $4.948M Shares 363,526 Est. Cost $11.82 Unrealized —

— FRESH MKT INC 0.8%

Value $4.94M Shares 173,140 Est. Cost $22.79 Unrealized —

— TARO PHARMACEUTICAL INDS LTD 0.7%

Value $3.956M Shares 27,615 Est. Cost $143.59 Unrealized —

COF CAPITAL ONE FINL CORP 0.6%

Value $3.322M Shares 47,931 Est. Cost $55.37 Unrealized 0.0%

STC STEWART INFORMATION SVCS COR 0.5%

Value $3.116M Shares 85,883 Est. Cost $33.89 Unrealized 0.0%

— SAGENT PHARMACEUTICALS INC 0.4%

Value $2.484M Shares 204,126 Est. Cost $12.17 Unrealized —

— ZAIS FINL CORP 0.4%

Value $2.063M Shares 138,291 Est. Cost $16.13 Unrealized —

— FOGO DE CHAO INC 0.3%

Value $1.582M Shares 101,365 Est. Cost $15.17 Unrealized —

— BGC PARTNERS INC 0.2%

Value $1.391M Shares 153,756 Est. Cost $7.34 Unrealized —

— FIRST SOUTH BANCORP INC VA 0.0%

Value $205K Shares 24,881 Est. Cost $7.87 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	355,252	$73.01M	12.5%	$205.52	—	TR UNIT	78462F103
JLL	JONES LANG LASALLE INC	487,579	$57.2M	9.8%	$125.48	-5.6%	COM	48020Q107
—	MCGRAW HILL FINL INC	371,215	$36.74M	6.3%	$96.40	—	COM	580645109
BRO	BROWN & BROWN INC	941,421	$33.7M	5.8%	$14.72	0.0%	COM	115236101
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	536,241	$33.62M	5.7%	$47.18	+9.3%	CL A	192446102
—	PAREXEL INTL CORP	506,838	$31.79M	5.4%	$64.28	—	COM	699462107
—	LUXOFT HLDG INC	492,407	$27.1M	4.6%	$53.91	—	ORD SHS CL A	G57279104
—	MARKIT LTD	602,574	$21.3M	3.6%	$26.92	—	SHS	G58249106
EBAY	EBAY INC	853,168	$20.36M	3.5%	$21.65	0.0%	COM	278642103
YELP	YELP INC	875,918	$17.41M	3.0%	$23.28	-12.1%	CL A	985817105
—	MENTOR GRAPHICS CORP	837,113	$17.02M	2.9%	$20.33	—	COM	587200106
MCK	MCKESSON CORP	103,517	$16.28M	2.8%	$188.03	-20.5%	COM	58155Q103
GPC	GENUINE PARTS CO	155,442	$15.45M	2.6%	$65.22	+2.2%	COM	372460105
PYPL	PAYPAL HLDGS INC	343,478	$13.26M	2.3%	$36.05	0.0%	COM	70450Y103
SNPS	SYNOPSYS INC	263,157	$12.75M	2.2%	$44.13	0.0%	COM	871607107
—	QUINTILES TRANSNATIO HLDGS I	189,200	$12.32M	2.1%	$65.10	—	COM	74876Y101
SAM	BOSTON BEER INC	65,380	$12.1M	2.1%	$182.28	0.0%	CL A	100557107
ETSY	ETSY INC	1,333,475	$11.6M	2.0%	$8.84	-9.4%	COM	29786A106
UHAL	AMERCO	29,604	$10.58M	1.8%	$17.58	+97.9%	COM	023586100
CRTO	CRITEO S A	255,228	$10.57M	1.8%	$41.42	—	SPONS ADS	226718104
—	TOTAL SYS SVCS INC	218,507	$10.4M	1.8%	$47.58	—	COM	891906109
—	STAPLES INC	909,216	$10.03M	1.7%	$11.03	—	COM	855030102
—	WAGEWORKS INC	196,989	$9.97M	1.7%	$50.61	—	COM	930427109
—	LIFELOCK INC	767,156	$9.26M	1.6%	$9.44	—	COM	53224V100
BFH	ALLIANCE DATA SYSTEMS CORP	38,643	$8.501M	1.5%	$150.81	0.0%	COM	018581108
—	PRICELINE GRP INC	6,280	$8.095M	1.4%	$1162.81	—	COM NEW	741503403
—	ECHO GLOBAL LOGISTICS INC	228,099	$6.195M	1.1%	$27.16	—	COM	27875T101
—	INFOBLOX INC	360,972	$6.173M	1.1%	$17.10	—	COM	45672H104
—	FIESTA RESTAURANT GROUP INC	158,695	$5.202M	0.9%	$33.32	—	COM	31660B101
—	POTBELLY CORP	363,526	$4.948M	0.8%	$11.82	—	COM	73754Y100
—	FRESH MKT INC	173,140	$4.94M	0.8%	$22.79	—	COM	35804H106
—	TARO PHARMACEUTICAL INDS LTD	27,615	$3.956M	0.7%	$143.59	—	SHS	M8737E108
COF	CAPITAL ONE FINL CORP	47,931	$3.322M	0.6%	$55.37	0.0%	COM	14040H105
STC	STEWART INFORMATION SVCS COR	85,883	$3.116M	0.5%	$33.89	0.0%	COM	860372101
—	SAGENT PHARMACEUTICALS INC	204,126	$2.484M	0.4%	$12.17	—	COM	786692103
—	ZAIS FINL CORP	138,291	$2.063M	0.4%	$16.13	—	COM	98886K108
—	FOGO DE CHAO INC	101,365	$1.582M	0.3%	$15.17	—	COM	344177100
—	BGC PARTNERS INC	153,756	$1.391M	0.2%	$7.34	—	CL A	05541T101
—	FIRST SOUTH BANCORP INC VA	24,881	$205K	0.0%	$7.87	—	COM	33646W100