13F HOLDINGS REPORT
Kerrisdale Advisers, LLC
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001172661-25-004896
Total Value
$192.9M
Positions
75
Other Managers
0
Confidential Omitted
No
Holdings (75)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | VISA INC | V | 39,664 | $13.5M | 7.02% |
| 2 | SOTERA HEALTH CO | SHC | 795,312 | $12.5M | 6.49% |
| 3 | MERCADOLIBRE INC | MELI | 5,076 | $11.9M | 6.15% |
| 4 | NOBLE CORP PLC | NE-WT | 351,985 | $10.0M | 5.16% |
| 5 | AMAZON COM INC | AMZN | 39,801 | $8.7M | 4.53% |
| 6 | SYSCO CORP | SYY | 101,423 | $8.4M | 4.33% |
| 7 | ALPHABET INC | GOOG | 33,927 | $8.2M | 4.28% |
| 8 | SEAGATE TECHNOLOGY HLDNGS PL | SE | 30,058 | $7.1M | 3.68% |
| 9 | ACM RESH INC | 00108J109 | 176,581 | $6.9M | 3.58% |
| 10 | ZOOM COMMUNICATIONS INC | ZM | 64,679 | $5.3M | 2.77% |
| 11 | ENDAVA PLC | DAVA | 576,843 | $5.2M | 2.72% |
| 12 | GRUPO CIBEST SA | CIB | 99,862 | $5.2M | 2.69% |
| 13 | WESTERN DIGITAL CORP | WDC | 42,454 | $5.1M | 2.64% |
| 14 | VALARIS LTD | VAL-WT | 97,335 | $4.7M | 2.46% |
| 15 | UNITEDHEALTH GROUP INC | UNH | 13,020 | $4.5M | 2.33% |
| 16 | APPFOLIO INC | APPF | 14,778 | $4.1M | 2.11% |
| 17 | UNION PAC CORP | UNP | 16,402 | $3.9M | 2.01% |
| 18 | ZOOMINFO TECHNOLOGIES INC | GTM | 348,428 | $3.8M | 1.97% |
| 19 | COUPANG INC | CPNG | 109,085 | $3.5M | 1.82% |
| 20 | FORTREA HLDGS INC | FTRE | 358,191 | $3.0M | 1.56% |
| 21 | DIAGEO PLC | DGEAF | 31,133 | $3.0M | 1.54% |
| 22 | U HAUL HOLDING COMPANY | UHAL-B | 55,241 | $2.8M | 1.46% |
| 23 | KENVUE INC | KVUE | 164,220 | $2.7M | 1.38% |
| 24 | INTERNATIONAL MNY EXPRESS IN | INTR | 189,288 | $2.6M | 1.37% |
| 25 | MICRON TECHNOLOGY INC | MU | 15,059 | $2.5M | 1.31% |
| 26 | MAPLEBEAR INC | CART | 66,545 | $2.4M | 1.27% |
| 27 | WARNER MUSIC GROUP CORP | WMG | 66,530 | $2.3M | 1.17% |
| 28 | CAMECO CORP | CCJ | 25,390 | $2.1M | 1.10% |
| 29 | MADISON SQUARE GARDEN ENTMT | 558256103 | 43,495 | $2.0M | 1.02% |
| 30 | ON SEMICONDUCTOR CORP | ON | 37,210 | $1.8M | 0.95% |
| 31 | ATKORE INC | ATKR | 28,074 | $1.8M | 0.91% |
| 32 | RENTOKIL INITIAL PLC | RKLIF | 68,778 | $1.7M | 0.90% |
| 33 | SYNOPSYS INC | SNPS | 3,263 | $1.6M | 0.83% |
| 34 | WABTEC | 929740108 | 7,295 | $1.5M | 0.76% |
| 35 | PETROLEO BRASILEIRO SA PETRO | 71654V408 | 111,126 | $1.4M | 0.73% |
| 36 | FOX FACTORY HLDG CORP | FOXF | 57,094 | $1.4M | 0.72% |
| 37 | ADOBE INC | ADBE | 3,802 | $1.3M | 0.70% |
| 38 | CRONOS GROUP INC | CRON | 468,786 | $1.3M | 0.68% |
| 39 | ST JOE CO | JOE | 23,990 | $1.2M | 0.62% |
| 40 | CHARLES RIV LABS INTL INC | 159864107 | 7,458 | $1.2M | 0.61% |
| 41 | KEYSIGHT TECHNOLOGIES INC | KEYS | 6,613 | $1.2M | 0.60% |
| 42 | KASPI KZ JSC | 48581R205 | 13,665 | $1.1M | 0.58% |
| 43 | HENRY SCHEIN INC | HSIC | 16,026 | $1.1M | 0.55% |
| 44 | AMENTUM HOLDINGS INC | AMTM | 39,520 | $946,504 | 0.49% |
| 45 | BOOZ ALLEN HAMILTON HLDG COR | BAH | 9,452 | $944,727 | 0.49% |
| 46 | CPI CARD GROUP INC | PMTS | 60,796 | $920,451 | 0.48% |
| 47 | KNIGHT-SWIFT TRANSN HLDGS IN | 499049104 | 22,587 | $892,412 | 0.46% |
| 48 | POLARIS INC | PII | 14,065 | $817,598 | 0.42% |
| 49 | KORN FERRY | KFY | 10,488 | $733,950 | 0.38% |
| 50 | U HAUL HOLDING COMPANY | UHAL-B | 12,714 | $725,588 | 0.38% |
| 51 | PERION NETWORK LTD | PERI | 75,563 | $725,405 | 0.38% |
| 52 | AXCELIS TECHNOLOGIES INC | ACLS | 7,265 | $709,355 | 0.37% |
| 53 | HUDSON TECHNOLOGIES INC | HDSN | 64,100 | $636,513 | 0.33% |
| 54 | ECOPETROL S A | EC | 67,555 | $622,182 | 0.32% |
| 55 | INTEL CORP | INTC | 17,123 | $574,477 | 0.30% |
| 56 | OBSIDIAN ENERGY LTD | OBE | 84,060 | $549,409 | 0.28% |
| 57 | CHEMOURS CO | CC | 31,563 | $499,958 | 0.26% |
| 58 | NEXGEN ENERGY LTD | NXE | 50,883 | $455,445 | 0.24% |
| 59 | REDDIT INC | RDDT | 1,715 | $394,433 | 0.20% |
| 60 | ADVISORSHARES TR | 00768Y453 | 77,470 | $371,081 | 0.19% |
| 61 | DELL TECHNOLOGIES INC | DELL | 2,543 | $360,521 | 0.19% |
| 62 | RCM TECHNOLOGIES INC | RCMT | 12,891 | $342,256 | 0.18% |
| 63 | TENABLE HLDGS INC | 88025T102 | 11,720 | $341,755 | 0.18% |
| 64 | OCCIDENTAL PETE CORP | 674599105 | 7,050 | $333,113 | 0.17% |
| 65 | ALIBABA GROUP HLDG LTD | BBAAY | 1,856 | $331,723 | 0.17% |
| 66 | MICROSOFT CORP | MSFT | 611 | $316,467 | 0.16% |
| 67 | GRUPO AVAL ACCIONES Y VALORE | AVAL | 75,000 | $247,500 | 0.13% |
| 68 | DENISON MINES CORP | DNN | 86,800 | $238,700 | 0.12% |
| 69 | SHUTTERSTOCK INC | SSTK | 10,765 | $224,450 | 0.12% |
| 70 | LIQUIDIA CORPORATION | LQDA | 9,725 | $221,147 | 0.11% |
| 71 | NAVIOS MARITIME PARTNERS L P | NMM | 4,590 | $206,780 | 0.11% |
| 72 | CARPARTS COM INC | PRTS | 252,495 | $179,549 | 0.09% |
| 73 | DMC GLOBAL INC | BOOM | 20,492 | $173,157 | 0.09% |
| 74 | LESLIES INC | 527064208 | 23,811 | $130,961 | 0.07% |
| 75 | FIGS INC | FIGS | 19,407 | $129,833 | 0.07% |