Kerrisdale Advisers, LLC

13F filer · CIK 0001569688

Reported Aug 14, 2026

Net buyer this quarter

13F portfolio value$399MU.S. long equity reported on 13F

Positions11422 new · 20 closed

Net flow last quarter+$59.1MBuys minus sells

Top 10 positions weight54.2%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 14, 2026114 positions
RRXRegal Rexnord Corp	$110M	27.64%	0.70%	+3688.2%	Q1 2026
VVisa Inc.	$17.2M	4.30%	0.00%	Not reported	Q2 2020
BDCBelden Inc.	$17.1M	4.30%	0.37%	+1441.0%	Q1 2026
MELIMercadolibre Inc	$14.8M	3.71%	0.02%	Not reported	Q2 2024
AMZNAmazon Com Inc	$13.3M	3.34%	0.00%	-4.9%	Q1 2020
SHCSotera Health Co	$10.6M	2.66%	0.21%	-1.4%	Q2 2023
GOOGLAlphabet Inc.	$9.08M	2.27%	0.00%	-13.5%	Q4 2018
SWKSSkyworks Solutions, Inc.	$8.36M	2.09%	0.08%	-2.9%	Q1 2026
ACMRACM Research, Inc.	$7.94M	1.99%	0.15%	-72.0%	Q3 2024
AZTAAzenta, Inc.	$7.42M	1.86%	0.66%	+1419.5%	Q1 2023
UHAL.BU-Haul Holding Co	$7.34M	1.84%	Not reported	Not reported	Q4 2022
POOLPool Corp	$7.26M	1.82%	0.09%	+39.8%	Q2 2020
SYYSysco Corp	$6.98M	1.75%	0.02%	Not reported	Q3 2022
FPSForgent Power Solutions, Inc.	$6.51M	1.63%	Not reported	New	Q2 2026
AKAMAkamai Technologies Inc	$6.15M	1.54%	0.04%	New	Q2 2026
TDSTelephone & Data Systems Inc	$6.06M	1.52%	0.14%	-45.0%	Q4 2025
UNPUnion Pacific Corp	$5.15M	1.29%	0.00%	-5.6%	Q2 2013
IPGPIpg Photonics Corp	$4.86M	1.22%	0.10%	+76.8%	Q1 2026
DVDoubleVerify Holdings, Inc.	$4.32M	1.08%	0.26%	Not reported	Q1 2026
ILMNIllumina, Inc.	$3.88M	0.97%	0.01%	New	Q2 2026
CVECenovus Energy Inc.	$3.5M	0.88%	0.01%	+27.4%	Q1 2026
AMRZAmrize Ltd	$3.45M	0.86%	0.01%	+4.9%	Q4 2025
ETNEaton Corp plc	$3.33M	0.83%	0.00%	+10.5%	Q4 2025
SNPSSynopsys Inc	$3.33M	0.83%	0.00%	-27.0%	Q1 2016
KVUEKenvue Inc.	$3.26M	0.82%	0.01%	Not reported	Q3 2025
CARTMaplebear Inc.	$3.08M	0.77%	0.03%	-30.8%	Q3 2025
ZTSZoetis Inc.	$3.02M	0.76%	0.01%	New	Q2 2026
MSFTMicrosoft Corp	$3.01M	0.75%	0.00%	-34.8%	Q1 2020
DEODiageo PLC	$2.75M	0.69%	0.00%	Not reported	Q4 2014
ZMZoom Communications, Inc.	$2.75M	0.69%	Not reported	-31.7%	Q4 2021
CIBGrupo Cibest S.A.	$2.69M	0.67%	0.01%	-14.8%	Q2 2025
ADEAAdeia Inc.	$2.54M	0.64%	0.07%	+8.8%	Q1 2026
NOKNokia Corp	$2.54M	0.64%	0.00%	-32.7%	Q1 2026
SOLSSolstice Advanced Materials Inc.	$2.52M	0.63%	0.02%	+450.6%	Q1 2026
LRNStride, Inc.	$2.51M	0.63%	0.07%	-49.2%	Q4 2025
APPFAppfolio Inc	$2.23M	0.56%	Not reported	-37.8%	Q1 2025
GLDSPDR Gold Trust	$2.19M	0.55%	0.00%	Not reported	Q2 2020
UNHUnitedhealth Group Inc	$2.13M	0.53%	0.00%	-42.0%	Q1 2015
LULUlululemon athletica inc.	$1.93M	0.48%	0.02%	New	Q2 2026
DTDynatrace, Inc.	$1.85M	0.46%	0.01%	+76.3%	Q1 2026
PBRPetrobras - Petroleo Brasileiro SA	$1.8M	0.45%	0.00%	Not reported	Q4 2023
FISVFiserv Inc	$1.76M	0.44%	0.01%	+369.4%	Q4 2025
ESTAEstablishment Labs Holdings Inc.	$1.75M	0.44%	0.07%	New	Q2 2026
WHDCactus, Inc.	$1.73M	0.43%	0.05%	+21.6%	Q1 2026
HDSNHudson Technologies Inc	$1.72M	0.43%	0.71%	+420.6%	Q2 2024
WABWestinghouse Air Brake Technologies Corp	$1.71M	0.43%	0.00%	-8.2%	Q4 2019
MRVLMarvell Technology, Inc.	$1.68M	0.42%	0.00%	-95.1%	Q1 2026
LMTLockheed Martin Corp	$1.62M	0.41%	0.00%	New	Q2 2026
DAVAEndava plc	$1.61M	0.40%	1.02%	Not reported	Q1 2024
LMBLimbach Holdings, Inc.	$1.58M	0.40%	0.17%	New	Q2 2026

Q1 2026Reported May 15, 2026112 positions
VVisa Inc.	$15.1M	5.76%	0.00%	+26.8%	Q2 2020
MELIMercadolibre Inc	$15.1M	5.74%	0.02%	+1.9%	Q2 2024
TDSTelephone & Data Systems Inc	$12.5M	4.77%	0.26%	-41.1%	Q4 2025
AMZNAmazon Com Inc	$12.2M	4.66%	0.00%	+42.0%	Q1 2020
MRVLMarvell Technology, Inc.	$11.3M	4.29%	0.01%	New	Q1 2026
ACMRACM Research, Inc.	$8.8M	3.35%	0.53%	-15.1%	Q3 2024
SHCSotera Health Co	$8.71M	3.32%	0.21%	+9.1%	Q2 2023
GOOGLAlphabet Inc.	$8.45M	3.22%	0.00%	Not reported	Q4 2018
ADTNADTRAN Holdings, Inc.	$6.94M	2.64%	0.69%	New	Q1 2026
SWKSSkyworks Solutions, Inc.	$6.8M	2.59%	0.08%	New	Q1 2026
LGNLegence Corp.	$5.98M	2.28%	Not reported	+72.2%	Q4 2025
SYYSysco Corp	$5.95M	2.27%	0.02%	-60.5%	Q3 2022
UHAL.BU-Haul Holding Co	$5.68M	2.16%	Not reported	+130.3%	Q4 2022
LRNStride, Inc.	$5.04M	1.92%	0.13%	-4.2%	Q4 2025
POOLPool Corp	$4.89M	1.86%	0.07%	Not reported	Q2 2020
UNPUnion Pacific Corp	$4.87M	1.85%	0.00%	+22.4%	Q2 2013
MSFTMicrosoft Corp	$4.58M	1.74%	0.00%	+2080.3%	Q1 2020
SNPSSynopsys Inc	$4.06M	1.54%	0.01%	+21.7%	Q1 2016
DVDoubleVerify Holdings, Inc.	$3.79M	1.44%	0.26%	New	Q1 2026
ZMZoom Communications, Inc.	$3.75M	1.43%	Not reported	+23.4%	Q4 2021
CNQCANADIAN NATURAL RESOURCES Ltd	$3.57M	1.36%	0.00%	New	Q1 2026
APPFAppfolio Inc	$3.53M	1.34%	Not reported	+39.5%	Q1 2025
CARTMaplebear Inc.	$3.52M	1.34%	0.04%	+28.7%	Q3 2025
AMRZAmrize Ltd	$3.46M	1.32%	0.01%	+31.2%	Q4 2025
KVUEKenvue Inc.	$2.94M	1.12%	0.01%	-50.3%	Q3 2025
CVECenovus Energy Inc.	$2.94M	1.12%	0.01%	New	Q1 2026
CIBGrupo Cibest S.A.	$2.89M	1.10%	0.01%	-56.4%	Q2 2025
CPNGCoupang, Inc.	$2.84M	1.08%	Not reported	+37.8%	Q4 2024
INTCIntel Corp	$2.7M	1.03%	0.00%	Not reported	Q2 2024
IPGPIpg Photonics Corp	$2.69M	1.02%	0.06%	New	Q1 2026
DEODiageo PLC	$2.55M	0.97%	0.00%	+10.0%	Q4 2014
ETNEaton Corp plc	$2.53M	0.96%	0.00%	+47.5%	Q4 2025
DAVAEndava plc	$2.51M	0.95%	1.02%	Not reported	Q1 2024
UNHUnitedhealth Group Inc	$2.39M	0.91%	0.00%	+51.8%	Q1 2015
PBRPetrobras - Petroleo Brasileiro SA	$2.31M	0.88%	0.00%	Not reported	Q4 2023
ONOn Semiconductor Corp	$2.3M	0.88%	0.01%	Not reported	Q1 2025
RRXRegal Rexnord Corp	$2.29M	0.87%	0.02%	New	Q1 2026
NOKNokia Corp	$2.28M	0.87%	0.00%	New	Q1 2026
MSGEMadison Square Garden Entertainment Corp.	$1.83M	0.70%	Not reported	-27.7%	Q2 2023
ICLRIcon PLC	$1.73M	0.66%	0.02%	Not reported	Q3 2015
WABWestinghouse Air Brake Technologies Corp	$1.73M	0.66%	0.00%	Not reported	Q4 2019
ADEAAdeia Inc.	$1.7M	0.65%	0.06%	New	Q1 2026
PYPLPayPal Holdings, Inc.	$1.67M	0.63%	0.00%	Not reported	Q1 2016
ATKRAtkore Inc.	$1.65M	0.63%	0.08%	Not reported	Q4 2023
JOEST JOE Co	$1.51M	0.57%	0.04%	Not reported	Q4 2022
GTLBGitlab Inc.	$1.49M	0.57%	Not reported	+168.6%	Q4 2025
UBERUber Technologies, Inc	$1.36M	0.52%	0.00%	Not reported	Q2 2020
WHDCactus, Inc.	$1.32M	0.50%	0.04%	New	Q1 2026
BACBank of America Corp	$1.3M	0.50%	0.00%	Not reported	Q2 2013
SNAPSnap Inc	$1.3M	0.50%	0.02%	+627.4%	Q4 2025

Q4 2025Reported Feb 17, 202676 positions
TDSTelephone & Data Systems Inc	$20.7M	9.77%	0.44%	New	Q4 2025
MELIMercadolibre Inc	$17.3M	8.13%	0.02%	+68.7%	Q2 2024
SYYSysco Corp	$15.6M	7.33%	0.04%	+108.3%	Q3 2022
VVisa Inc.	$13.8M	6.52%	0.00%	-0.5%	Q2 2020
ACMRACM Research, Inc.	$10.4M	4.90%	0.62%	+49.2%	Q3 2024
SHCSotera Health Co	$9.82M	4.63%	0.20%	-30.0%	Q2 2023
AMZNAmazon Com Inc	$9.55M	4.50%	0.00%	+3.9%	Q1 2020
GOOGLAlphabet Inc.	$9.2M	4.33%	0.00%	-13.4%	Q4 2018
KVUEKenvue Inc.	$5.93M	2.79%	0.02%	+109.4%	Q3 2025
CIBGrupo Cibest S.A.	$5.8M	2.73%	0.02%	-8.8%	Q2 2025
NENoble Corp plc	$4.17M	1.96%	0.09%	-58.1%	Q4 2022
SNPSSynopsys Inc	$3.95M	1.86%	0.00%	+157.6%	Q1 2016
LRNStride, Inc.	$3.87M	1.82%	0.14%	New	Q4 2025
UNPUnion Pacific Corp	$3.79M	1.79%	0.00%	Not reported	Q2 2013
APPFAppfolio Inc	$3.73M	1.76%	Not reported	+8.4%	Q1 2025
DAVAEndava plc	$3.59M	1.69%	1.02%	-1.6%	Q1 2024
GTMZoomInfo Technologies Inc.	$3.54M	1.67%	0.11%	Not reported	Q1 2023
CARTMaplebear Inc.	$3.29M	1.55%	0.03%	+9.8%	Q3 2025
ZMZoom Communications, Inc.	$3.26M	1.54%	Not reported	-41.6%	Q4 2021
DEODiageo PLC	$2.69M	1.27%	0.00%	Not reported	Q4 2014
LGNLegence Corp.	$2.65M	1.25%	Not reported	New	Q4 2025
UHAL.BU-Haul Holding Co	$2.58M	1.22%	Not reported	Not reported	Q4 2022
CPNGCoupang, Inc.	$2.57M	1.21%	Not reported	Not reported	Q4 2024
AMRZAmrize Ltd	$2.54M	1.20%	0.01%	New	Q4 2025
VALValaris Ltd	$2.52M	1.19%	0.07%	-48.6%	Q2 2022
MSGEMadison Square Garden Entertainment Corp.	$2.32M	1.09%	Not reported	-1.2%	Q2 2023
WMGWarner Music Group Corp.	$2.04M	0.96%	6223.57%	Not reported	Q2 2023
RTORentokil Initial PLC	$2.03M	0.95%	0.00%	Not reported	Q3 2024
ONOn Semiconductor Corp	$2.01M	0.95%	0.01%	Not reported	Q1 2025
MUMicron Technology Inc	$1.98M	0.93%	0.00%	-53.9%	Q2 2013
WDCWestern Digital Corp	$1.96M	0.92%	0.00%	-73.2%	Q2 2025
UNHUnitedhealth Group Inc	$1.92M	0.91%	0.00%	-55.2%	Q1 2015
ATKRAtkore Inc.	$1.78M	0.84%	0.08%	Not reported	Q4 2023
STXSeagate Technology Holdings plc	$1.58M	0.74%	0.00%	-81.0%	Q1 2023
ETNEaton Corp plc	$1.53M	0.72%	0.00%	New	Q4 2025
WABWestinghouse Air Brake Technologies Corp	$1.48M	0.70%	0.00%	-5.1%	Q4 2019
JOEST JOE Co	$1.42M	0.67%	0.04%	Not reported	Q4 2022
FOXFFox Factory Holding Corp	$1.42M	0.67%	0.20%	+45.3%	Q1 2024
KEYSKeysight Technologies, Inc.	$1.34M	0.63%	0.00%	Not reported	Q3 2023
PBRPetrobras - Petroleo Brasileiro SA	$1.32M	0.62%	0.00%	Not reported	Q4 2023
HSICHenry Schein Inc	$1.21M	0.57%	0.01%	Not reported	Q1 2024
KNXKnight-Swift Transportation Holdings Inc.	$1.18M	0.56%	0.01%	Not reported	Q3 2022
LBRTLiberty Energy Inc.	$1.18M	0.55%	Not reported	New	Q4 2025
KSPIJoint Stock Co Kaspi.kz	$1.07M	0.50%	0.01%	Not reported	Q1 2025
GTLBGitlab Inc.	$964K	0.45%	Not reported	New	Q4 2025
CRLCharles River Laboratories International, Inc.	$916K	0.43%	0.01%	-38.4%	Q4 2019
PMTSCPI Card Group Inc.	$892K	0.42%	0.53%	Not reported	Q2 2023
CCJCameco Corp	$883K	0.42%	0.00%	-62.0%	Q1 2023
BAHBooz Allen Hamilton Holding Corp	$797K	0.38%	0.01%	Not reported	Q2 2022
PERIPerion Network Ltd.	$724K	0.34%	0.19%	Not reported	Q2 2024

Q3 2025Reported Nov 14, 202574 positions
VVisa Inc.	$13.5M	7.02%	0.00%	+44.8%	Q2 2020
SHCSotera Health Co	$12.5M	6.49%	0.28%	Not reported	Q2 2023
MELIMercadolibre Inc	$11.9M	6.15%	0.01%	+26.2%	Q2 2024
NENoble Corp plc	$9.95M	5.16%	0.22%	Not reported	Q4 2022
AMZNAmazon Com Inc	$8.74M	4.53%	0.00%	+304.2%	Q1 2020
SYYSysco Corp	$8.35M	4.33%	0.02%	+79.7%	Q3 2022
GOOGLAlphabet Inc.	$8.25M	4.28%	0.00%	Not reported	Q4 2018
STXSeagate Technology Holdings plc	$7.1M	3.68%	0.01%	-89.7%	Q1 2023
ACMRACM Research, Inc.	$6.91M	3.58%	0.42%	-38.4%	Q3 2024
ZMZoom Communications, Inc.	$5.34M	2.77%	Not reported	Not reported	Q4 2021
DAVAEndava plc	$5.25M	2.72%	1.04%	+7.7%	Q1 2024
CIBGrupo Cibest S.A.	$5.19M	2.69%	Not reported	-0.6%	Q2 2025
WDCWestern Digital Corp	$5.1M	2.64%	0.01%	-42.3%	Q2 2025
VALValaris Ltd	$4.75M	2.46%	0.14%	Not reported	Q2 2022
UNHUnitedhealth Group Inc	$4.5M	2.33%	0.00%	-67.0%	Q1 2015
APPFAppfolio Inc	$4.07M	2.11%	Not reported	+14.2%	Q1 2025
UNPUnion Pacific Corp	$3.88M	2.01%	0.00%	+1336.3%	Q2 2013
GTMZoomInfo Technologies Inc.	$3.8M	1.97%	0.11%	+1.8%	Q1 2023
CPNGCoupang, Inc.	$3.51M	1.82%	Not reported	Not reported	Q4 2024
FTREFortrea Holdings Inc.	$3.02M	1.56%	0.39%	Not reported	Q1 2025
DEODiageo PLC	$2.97M	1.54%	0.00%	+8.3%	Q4 2014
UHAL.BU-Haul Holding Co	$2.81M	1.46%	Not reported	Not reported	Q4 2022
KVUEKenvue Inc.	$2.67M	1.38%	0.01%	New	Q3 2025
IMXIInternational Money Express, Inc.	$2.64M	1.37%	0.64%	Not reported	Q4 2022
MUMicron Technology Inc	$2.52M	1.31%	0.00%	Not reported	Q2 2013
CARTMaplebear Inc.	$2.45M	1.27%	0.03%	New	Q3 2025
WMGWarner Music Group Corp.	$2.27M	1.17%	6223.57%	Not reported	Q2 2023
CCJCameco Corp	$2.13M	1.10%	0.01%	Not reported	Q1 2023
MSGEMadison Square Garden Entertainment Corp.	$1.97M	1.02%	Not reported	Not reported	Q2 2023
ONOn Semiconductor Corp	$1.83M	0.95%	0.01%	+69.5%	Q1 2025
ATKRAtkore Inc.	$1.76M	0.91%	0.08%	+7.5%	Q4 2023
RTORentokil Initial PLC	$1.74M	0.90%	0.00%	Not reported	Q3 2024
SNPSSynopsys Inc	$1.61M	0.83%	0.00%	Not reported	Q1 2016
WABWestinghouse Air Brake Technologies Corp	$1.46M	0.76%	0.00%	+513.0%	Q4 2019
PBRPetrobras - Petroleo Brasileiro SA	$1.41M	0.73%	0.00%	Not reported	Q4 2023
FOXFFox Factory Holding Corp	$1.39M	0.72%	0.14%	Not reported	Q1 2024
ADBEAdobe Inc.	$1.34M	0.70%	0.00%	Not reported	Q4 2018
CRONCronos Group Inc.	$1.3M	0.68%	0.12%	Not reported	Q3 2023
JOEST JOE Co	$1.19M	0.62%	0.04%	Not reported	Q4 2022
CRLCharles River Laboratories International, Inc.	$1.17M	0.61%	0.02%	Not reported	Q4 2019
KEYSKeysight Technologies, Inc.	$1.16M	0.60%	0.00%	Not reported	Q3 2023
KSPIJoint Stock Co Kaspi.kz	$1.12M	0.58%	0.01%	+23.7%	Q1 2025
HSICHenry Schein Inc	$1.06M	0.55%	0.01%	Not reported	Q1 2024
AMTMAmentum Holdings, Inc.	$947K	0.49%	0.02%	New	Q3 2025
BAHBooz Allen Hamilton Holding Corp	$945K	0.49%	0.01%	Not reported	Q2 2022
PMTSCPI Card Group Inc.	$920K	0.48%	0.53%	Not reported	Q2 2023
KNXKnight-Swift Transportation Holdings Inc.	$892K	0.46%	0.01%	+13.0%	Q3 2022
PIIPolaris Inc.	$818K	0.42%	0.03%	Not reported	Q1 2025
KFYKorn Ferry	$734K	0.38%	0.02%	Not reported	Q4 2014
UHALU-Haul Holding Co	$726K	0.38%	0.01%	Not reported	Q2 2013

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