Kerrisdale Advisers 13F annual report
Kerrisdale Advisers is an investment fund managing more than $320 billion ran by Edward Gu. There are currently 92 companies in Mr. Gu’s portfolio. The largest investments include Sysco and Visa Inc, together worth $50.7 billion.
$320 billion Assets Under Management (AUM)
As of 7th August 2024, Kerrisdale Advisers’s top holding is 425,382 shares of Sysco currently worth over $30.4 billion and making up 9.5% of the portfolio value.
Relative to the number of outstanding shares of Sysco, Kerrisdale Advisers owns more than approximately 0.1% of the company.
In addition, the fund holds 77,559 shares of Visa Inc worth $20.4 billion, whose value fell 6.3% in the past six months.
The third-largest holding is Noble Corp Plc worth $15.3 billion and the next is Diageo plc worth $14.9 billion, with 118,449 shares owned.
Currently, Kerrisdale Advisers's portfolio is worth at least $320 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Kerrisdale Advisers
The Kerrisdale Advisers office and employees reside in Miami, Florida. According to the last 13-F report filed with the SEC, Edward Gu serves as the CCO at Kerrisdale Advisers.
Recent trades
In the most recent 13F filing, Kerrisdale Advisers revealed that it had opened a new position in
Ark 21shares Bitcoin Etf and bought 64,087 shares worth $3.84 billion.
The investment fund also strengthened its position in Sysco by buying
195,950 additional shares.
This makes their stake in Sysco total 425,382 shares worth $30.4 billion.
Sysco soared 6.2% in the past year.
On the other hand, there are companies that Kerrisdale Advisers is getting rid of from its portfolio.
Kerrisdale Advisers closed its position in Scotts Miracle-Gro on 14th August 2024.
It sold the previously owned 35,174 shares for $2.62 billion.
Edward Gu also disclosed a decreased stake in Visa Inc by approximately 0.1%.
This leaves the value of the investment at $20.4 billion and 77,559 shares.
One of the smaller hedge funds
The two most similar investment funds to Kerrisdale Advisers are Etf Portfolio Partners and Svf Sponsor Iii (de). They manage $319 billion and $320 billion respectively.
Edward Gu investment strategy
Kerrisdale Advisers’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Consumer Staples — making up 14.2% of
the total portfolio value.
The fund focuses on investments in the United States as
45.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
30% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $97.9 billion.
The complete list of Kerrisdale Advisers trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Sysco Corp. |
85.41%
425,382
|
$30,368,021,000 | 9.50% |
| Visa Inc |
4.48%
77,559
|
$20,356,911,000 | 6.37% |
| Noble Corp Plc |
12.67%
343,255
|
$15,326,336,000 | 4.80% |
| Diageo plc |
9.67%
118,449
|
$14,934,050,000 | 4.67% |
| Alphabet Inc |
11.07%
81,292
|
$14,807,338,000 | 4.63% |
| Sotera Health Co |
No change
967,914
|
$11,489,139,000 | 3.60% |
| Seagate Technology Hldngs Pl |
28.73%
91,440
|
$9,443,009,000 | 2.96% |
| Wabtec |
45.12%
58,406
|
$9,231,068,000 | 2.89% |
| Valaris Ltd |
25.73%
115,179
|
$8,580,836,000 | 2.69% |
| Amazon.com Inc. |
64.19%
38,543
|
$7,448,435,000 | 2.33% |
| CSX Corp. |
No change
221,940
|
$7,423,893,000 | 2.32% |
| Aon plc. |
24.86%
24,382
|
$7,158,068,000 | 2.24% |
| Microsoft Corporation |
No change
14,655
|
$6,550,052,000 | 2.05% |
| Union Pac Corp |
3.50%
27,672
|
$6,261,067,000 | 1.96% |
| Zoom Video Communications In |
1.53%
104,029
|
$6,157,477,000 | 1.93% |
| Endava plc |
252.29%
206,129
|
$6,027,212,000 | 1.89% |
| Bancolombia S.A. |
9.83%
183,390
|
$5,987,684,000 | 1.87% |
| Alibaba Group Hldg Ltd |
No change
77,586
|
$5,586,192,000 | 1.75% |
| Bank America Corp |
27.76%
135,254
|
$5,379,052,000 | 1.68% |
| Madison Square Garden Entmt |
17.87%
155,468
|
$5,321,670,000 | 1.67% |
| International Mny Express In |
2.85%
251,813
|
$5,247,783,000 | 1.64% |
| S&P Global Inc |
5.25%
11,503
|
$5,130,338,000 | 1.61% |
| Northrop Grumman Corp. |
8.67%
11,488
|
$5,008,194,000 | 1.57% |
| CPI Card Group Inc |
17.61%
159,122
|
$4,336,075,000 | 1.36% |
| Salesforce Inc |
28.47%
16,651
|
$4,280,972,000 | 1.34% |
| Korn Ferry |
21.08%
58,700
|
$3,941,118,000 | 1.23% |
| Ark 21shares Bitcoin Etf |
Opened
64,087
|
$3,843,938,000 | 1.20% |
| Moodys Corp |
9.10%
8,793
|
$3,701,237,000 | 1.16% |
| Epam Sys Inc |
576.14%
19,324
|
$3,635,038,000 | 1.14% |
| Mosaic Co New |
No change
124,620
|
$3,601,518,000 | 1.13% |
| Knight-swift Transn Hldgs In |
3.20%
69,157
|
$3,452,317,000 | 1.08% |
| U-Haul Holding Company |
No change
67,955
|
$4,100,400,000 | 1.28% |
| MercadoLibre Inc |
Opened
2,010
|
$3,303,234,000 | 1.03% |
| Garrett Motion Inc |
3.76%
362,726
|
$3,115,816,000 | 0.98% |
| Deere & Co. |
5.29%
8,024
|
$2,998,007,000 | 0.94% |
| Bitwise Bitcoin Etf Tr |
Opened
87,983
|
$2,876,164,000 | 0.90% |
| Scotts Miracle-Gro Company |
Closed
35,174
|
$2,623,629,000 | |
| Dropbox Inc |
66.50%
111,915
|
$2,514,730,000 | 0.79% |
| T-Mobile US, Inc. |
No change
14,085
|
$2,481,495,000 | 0.78% |
| St. Joe Co. |
No change
37,803
|
$2,067,824,000 | 0.65% |
| ZoomInfo Technologies Inc. |
490.84%
161,830
|
$2,066,569,000 | 0.65% |
| Charles Riv Labs Intl Inc |
11.13%
9,780
|
$2,020,352,000 | 0.63% |
| Fox Factory Hldg Corp |
111.18%
40,494
|
$1,951,406,000 | 0.61% |
| Pnc Finl Svcs Group Inc |
21.35%
12,455
|
$1,936,503,000 | 0.61% |
| Lam Research Corp. |
11.92%
1,737
|
$1,849,644,000 | 0.58% |
| Thoughtworks Holding Inc |
5.27%
641,170
|
$1,820,923,000 | 0.57% |
| Boeing Co. |
6.05%
9,990
|
$1,818,280,000 | 0.57% |
| Ball Corp. |
Closed
25,476
|
$1,716,063,000 | |
| Us Bancorp Del |
No change
41,471
|
$1,646,399,000 | 0.52% |
| Wells Fargo Co New |
No change
27,696
|
$1,644,865,000 | 0.51% |
| Henry Schein Inc. |
22.26%
25,496
|
$1,634,294,000 | 0.51% |
| Petroleo Brasileiro Sa Petro |
11.13%
111,126
|
$1,610,216,000 | 0.50% |
| CRH Plc |
33.39%
21,236
|
$1,592,275,000 | 0.50% |
| Norfolk Southn Corp |
No change
6,578
|
$1,412,231,000 | 0.44% |
| PayPal Holdings Inc |
Closed
20,251
|
$1,356,614,000 | |
| JD.com Inc |
No change
48,165
|
$1,244,584,000 | 0.39% |
| Fidelity Wise Origin Bitcoin |
Opened
21,102
|
$1,107,011,000 | 0.35% |
| Unitedhealth Group Inc |
45.37%
2,117
|
$1,078,103,000 | 0.34% |
| Cronos Group Inc |
1.25%
458,247
|
$1,067,716,000 | 0.33% |
| Navios Maritime Partners L.P. |
Opened
19,420
|
$991,003,000 | 0.31% |
| Perion Network Ltd. |
Opened
118,523
|
$989,667,000 | 0.31% |
| Laboratory Corp Amer Hldgs |
Closed
4,369
|
$954,452,000 | |
| NexGen Energy Ltd |
No change
136,783
|
$953,916,000 | 0.30% |
| Labcorp Holdings Inc. |
Opened
4,369
|
$889,135,000 | 0.28% |
| Cameco Corp. |
No change
17,065
|
$839,598,000 | 0.26% |
| CBRE Group Inc |
46.30%
9,202
|
$819,990,000 | 0.26% |
| Payoneer Global Inc |
Closed
157,955
|
$767,661,000 | |
| Ecopetrol S A |
10.93%
67,555
|
$755,940,000 | 0.24% |
| Vimeo Inc |
Opened
201,600
|
$751,968,000 | 0.24% |
| Atkore Inc |
10.28%
5,540
|
$747,512,000 | 0.23% |
| Uber Technologies Inc |
Opened
10,245
|
$744,607,000 | 0.23% |
| Asml Holding N V |
45.56%
699
|
$714,888,000 | 0.22% |
| Obsidian Energy Ltd. |
6.60%
84,060
|
$628,848,000 | 0.20% |
| Keysight Technologies Inc |
No change
4,263
|
$582,965,000 | 0.18% |
| Tetra Technologies, Inc. |
Opened
168,182
|
$581,910,000 | 0.18% |
| DocuSign Inc |
No change
10,655
|
$570,043,000 | 0.18% |
| Warner Music Group Corp. |
22.43%
18,530
|
$567,945,000 | 0.18% |
| Hudson Technologies, Inc. |
Opened
57,900
|
$508,941,000 | 0.16% |
| Intel Corp. |
Opened
16,235
|
$502,798,000 | 0.16% |
| Roku Inc |
25.76%
8,250
|
$494,423,000 | 0.15% |
| Silgan Holdings Inc. |
51.35%
11,545
|
$488,700,000 | 0.15% |
| NetEase Inc |
Closed
4,422
|
$457,544,000 | |
| Avid Bioservices Inc |
No change
62,306
|
$444,865,000 | 0.14% |
| Occidental Pete Corp |
No change
7,050
|
$444,362,000 | 0.14% |
| KraneShares Trust |
Closed
15,385
|
$403,856,000 | |
| Futu Hldgs Ltd |
No change
6,095
|
$399,862,000 | 0.13% |
| Leslies Inc |
Opened
90,070
|
$377,393,000 | 0.12% |
| FIGS, Inc. |
No change
69,157
|
$368,607,000 | 0.12% |
| Aptargroup Inc. |
Closed
2,180
|
$313,680,000 | |
| Vital Energy Inc |
37.17%
6,591
|
$295,409,000 | 0.09% |
| Applied Matls Inc |
No change
1,215
|
$286,728,000 | 0.09% |
| CarParts.com Inc |
Opened
271,575
|
$271,575,000 | 0.08% |
| Weibo Corp |
No change
34,826
|
$267,464,000 | 0.08% |
| Up Fintech Hldg Ltd |
No change
58,325
|
$244,965,000 | 0.08% |
| Composecure Inc |
Closed
32,323
|
$233,695,000 | |
| RCM Technologies, Inc. |
No change
11,737
|
$219,717,000 | 0.07% |
| Adobe Inc |
Opened
375
|
$208,328,000 | 0.07% |
| Denison Mines Corp |
5.75%
86,800
|
$172,732,000 | 0.05% |
| Grupo Aval Acciones Y Valore |
No change
75,000
|
$163,500,000 | 0.05% |
| Lee Enterprises, Inc. |
No change
13,763
|
$152,907,000 | 0.05% |
| Cutera Inc |
20.52%
84,205
|
$127,150,000 | 0.04% |
| No transactions found | |||
| Showing first 500 out of 101 holdings | |||
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