Kerrisdale Advisers, LLC Quant / Systematic

CIK: 0001569688 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value ($000): $518,055 (100.0% shares, 0.0% debt)

Holdings (32)

QQQ INVESCO QQQ TR 24.3%

Value ($000) $125,762 Shares 700,000 Est. Cost — Unrealized —

IWM ISHARES TR 16.3%

Value ($000) $84,200 Shares 550,000 Est. Cost — Unrealized —

— INTELSAT S A 10.0%

Value ($000) $51,844 Shares 3,310,615 Est. Cost $16.90 Unrealized —

SE SEA LTD 8.4%

Value ($000) $43,370 Shares 1,843,943 Est. Cost $13.95 Unrealized —

EA ELECTRONIC ARTS INC 7.4%

Value ($000) $38,196 Shares 375,832 Est. Cost $96.98 Unrealized -5.0%

FXI ISHARES TR 6.0%

Value ($000) $30,990 Shares 700,000 Est. Cost — Unrealized —

— ACTIVISION BLIZZARD INC 4.1%

Value ($000) $21,483 Shares 471,845 Est. Cost $45.53 Unrealized —

— VONAGE HLDGS CORP 3.7%

Value ($000) $19,381 Shares 1,930,400 Est. Cost $9.88 Unrealized —

QQQ INVESCO QQQ TR 3.5%

Value ($000) $17,966 Shares 100,000 Est. Cost — Unrealized —

HUYA HUYA INC 3.2%

Value ($000) $16,520 Shares 587,265 Est. Cost $20.76 Unrealized —

BCO BRINKS CO 2.7%

Value ($000) $14,182 Shares 188,062 Est. Cost $68.74 Unrealized 0.0%

BKNG BOOKING HLDGS INC 2.6%

Value ($000) $13,471 Shares 7,720 Est. Cost $1755.46 Unrealized 0.0%

IWM ISHARES TR 2.2%

Value ($000) $11,482 Shares 75,000 Est. Cost — Unrealized —

— MOMO INC 0.9%

Value ($000) $4,435 Shares 115,974 Est. Cost $24.92 Unrealized —

BOX BOX INC 0.7%

Value ($000) $3,476 Shares 180,000 Est. Cost $20.72 Unrealized 0.0%

PDD PINDUODUO INC 0.7%

Value ($000) $3,472 Shares 140,000 Est. Cost $24.80 Unrealized —

— DESPEGAR COM CORP 0.5%

Value ($000) $2,585 Shares 173,500 Est. Cost $14.90 Unrealized —

— CTRIP COM INTL LTD 0.4%

Value ($000) $2,185 Shares 50,000 Est. Cost $43.70 Unrealized —

— ZAYO GROUP HLDGS INC 0.3%

Value ($000) $1,501 Shares 52,816 Est. Cost $28.42 Unrealized —

THRM GENTHERM INC 0.3%

Value ($000) $1,471 Shares 39,917 Est. Cost $40.70 Unrealized 0.0%

VIPS VIPSHOP HLDGS LTD 0.3%

Value ($000) $1,445 Shares 180,000 Est. Cost $8.03 Unrealized —

EXPE EXPEDIA GROUP INC 0.2%

Value ($000) $1,254 Shares 10,538 Est. Cost $112.62 Unrealized +5.4%

KLDO KALEIDO BIOSCIENCES INC 0.2%

Value ($000) $1,052 Shares 72,580 Est. Cost $13.76 Unrealized 0.0%

MX MAGNACHIP SEMICONDUCTOR CORP 0.2%

Value ($000) $1,029 Shares 139,018 Est. Cost $10.57 Unrealized -32.7%

PRQR PROQR THRAPEUTICS N V 0.2%

Value ($000) $883 Shares 63,680 Est. Cost $14.93 Unrealized 0.0%

— ACHILLION PHARMACEUTICALS IN 0.2%

Value ($000) $838 Shares 283,200 Est. Cost $2.96 Unrealized —

PRTA PROTHENA CORP PLC 0.1%

Value ($000) $748 Shares 61,640 Est. Cost $12.49 Unrealized 0.0%

— REALOGY HLDGS CORP 0.1%

Value ($000) $727 Shares 63,767 Est. Cost $11.40 Unrealized —

— MASONITE INTL CORP NEW 0.1%

Value ($000) $670 Shares 13,427 Est. Cost $49.90 Unrealized —

— ADAMAS PHARMACEUTICALS INC 0.1%

Value ($000) $490 Shares 68,847 Est. Cost $23.24 Unrealized —

KN KNOWLES CORP 0.1%

Value ($000) $488 Shares 27,666 Est. Cost $15.47 Unrealized 0.0%

— FLEXION THERAPEUTICS INC 0.1%

Value ($000) $459 Shares 36,753 Est. Cost $22.91 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	700,000	$125,762	24.3%	—	—	Put	46090E103
IWM	ISHARES TR	550,000	$84,200	16.3%	—	—	Put	464287655
—	INTELSAT S A	3,310,615	$51,844	10.0%	$16.90	—	COM	L5140P101
SE	SEA LTD	1,843,943	$43,370	8.4%	$13.95	—	SPONSORED ADS	81141R100
EA	ELECTRONIC ARTS INC	375,832	$38,196	7.4%	$96.98	-5.0%	COM	285512109
FXI	ISHARES TR	700,000	$30,990	6.0%	—	—	Put	464287184
—	ACTIVISION BLIZZARD INC	471,845	$21,483	4.1%	$45.53	—	COM	00507V109
—	VONAGE HLDGS CORP	1,930,400	$19,381	3.7%	$9.88	—	COM	92886T201
QQQ	INVESCO QQQ TR	100,000	$17,966	3.5%	—	—	Call	46090E103
HUYA	HUYA INC	587,265	$16,520	3.2%	$20.76	—	ADS REP SHS A	44852D108
BCO	BRINKS CO	188,062	$14,182	2.7%	$68.74	0.0%	COM	109696104
BKNG	BOOKING HLDGS INC	7,720	$13,471	2.6%	$1755.46	0.0%	COM	09857L108
IWM	ISHARES TR	75,000	$11,482	2.2%	—	—	Call	464287655
—	MOMO INC	115,974	$4,435	0.9%	$24.92	—	ADR	60879B107
BOX	BOX INC	180,000	$3,476	0.7%	$20.72	0.0%	CL A	10316T104
PDD	PINDUODUO INC	140,000	$3,472	0.7%	$24.80	—	SPONSORED ADS	722304102
—	DESPEGAR COM CORP	173,500	$2,585	0.5%	$14.90	—	ORD SHS	G27358103
—	CTRIP COM INTL LTD	50,000	$2,185	0.4%	$43.70	—	SPONSORED ADS	22943F100
—	ZAYO GROUP HLDGS INC	52,816	$1,501	0.3%	$28.42	—	COM	98919V105
THRM	GENTHERM INC	39,917	$1,471	0.3%	$40.70	0.0%	COM	37253A103
VIPS	VIPSHOP HLDGS LTD	180,000	$1,445	0.3%	$8.03	—	SPONSORED ADS A	92763W103
EXPE	EXPEDIA GROUP INC	10,538	$1,254	0.2%	$112.62	+5.4%	COM NEW	30212P303
KLDO	KALEIDO BIOSCIENCES INC	72,580	$1,052	0.2%	$13.76	0.0%	COM	483347100
MX	MAGNACHIP SEMICONDUCTOR CORP	139,018	$1,029	0.2%	$10.57	-32.7%	COM	55933J203
PRQR	PROQR THRAPEUTICS N V	63,680	$883	0.2%	$14.93	0.0%	SHS EURO	N71542109
—	ACHILLION PHARMACEUTICALS IN	283,200	$838	0.2%	$2.96	—	COM	00448Q201
PRTA	PROTHENA CORP PLC	61,640	$748	0.1%	$12.49	0.0%	SHS	G72800108
—	REALOGY HLDGS CORP	63,767	$727	0.1%	$11.40	—	COM	75605Y106
—	MASONITE INTL CORP NEW	13,427	$670	0.1%	$49.90	—	COM	575385109
—	ADAMAS PHARMACEUTICALS INC	68,847	$490	0.1%	$23.24	—	COM	00548A106
KN	KNOWLES CORP	27,666	$488	0.1%	$15.47	0.0%	COM	49926D109
—	FLEXION THERAPEUTICS INC	36,753	$459	0.1%	$22.91	—	COM	33938J106