Kerrisdale Advisers, LLC

Miami, FL · CIK 1569688 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2012 · limited liability company

Assets managed$447.8m
Staff4 · 1 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (2 hedge) · $429.6m gross assets
Main officeMiami Beach, FL
Form ADV · 2026-03-31SEC adviser record

Legal entityKERRISDALE ADVISERS, LLC (US)

Kindhedge funds
Others nearbyMiami Beach, FL

As an employer

Offices in1 country
Private fundshedge 2

$399.2m reported value +52.0% vs Q1 2026

114positions

54.2%in top 10

23 new 16 added 34 reduced 21 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	REGAL REXNORD CORPORATION COM RRX	RRX	463,295	$110.4m27.64%	27.64%	Added +451.1k	+451,065 3688.2%
2	VISA INC COM CL A V	V	50,031	$17.2m4.30%	4.30%	Unchanged
3	BELDEN INC COM BDC	BDC	143,000	$17.1m4.30%	4.30%	Added +133.7k	+133,720 1441.0%
4	MERCADOLIBRE INC COM MELI	MELI	8,724	$14.8m3.71%	3.71%	Unchanged
5	AMAZON COM INC COM AMZN	AMZN	55,891	$13.3m3.34%	3.34%	Reduced -2.9k	-2,855 -4.9%
6	SOTERA HEALTH CO COM SHC	SHC	599,249	$10.6m2.66%	2.66%	Reduced -8.4k	-8,440 -1.4%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	25,412	$9.1m2.27%	2.27%	Reduced -4.0k	-3,975 -13.5%
8	SKYWORKS SOLUTIONS INC COM SWKS	SWKS	123,340	$8.4m2.09%	2.09%	Reduced -3.6k	-3,640 -2.9%
9	ACM RESH INC COM CL A ACMR	ACMR	62,570	$7.9m1.99%	1.99%	Reduced -161.2k	-161,185 -72.0%
10	AZENTA INC COM AZTA	AZTA	290,682	$7.4m1.86%	1.86%	Added +271.6k	+271,552 1419.5%
11	U HAUL HOLDING COMPANY COM SER N UHAL.B	UHAL.B	127,232	$7.3m1.84%	1.84%	Unchanged
12	POOL CORP COM POOL	POOL	33,795	$7.3m1.82%	1.82%	Added +9.6k	+9,620 39.8%
13	SYSCO CORP COM SYY	SYY	83,476	$7.0m1.75%	1.75%	Unchanged
14	FORGENT POWER SOLUTIONS INC COM SHS CL A FPS	FPS	116,572	$6.5m1.63%	1.63%	New
15	AKAMAI TECHNOLOGIES INC COM AKAM	AKAM	51,985	$6.1m1.54%	1.54%	New
16	TELEPHONE & DATA SYS INC COM NEW TDS	TDS	163,758	$6.1m1.52%	1.52%	Reduced -134.2k	-134,208 -45.0%
17	UNION PAC CORP COM UNP	UNP	18,952	$5.2m1.29%	1.29%	Reduced -1.1k	-1,120 -5.6%
18	IPG PHOTONICS CORP COM IPGP	IPGP	41,450	$4.9m1.22%	1.22%	Added +18.0k	+18,010 76.8%
19	DOUBLEVERIFY HLDGS INC COM DV	DV	398,439	$4.3m1.08%	1.08%	Unchanged
20	ILLUMINA INC COM ILMN	ILMN	22,085	$3.9m0.97%	0.97%	New
21	CENOVUS ENERGY INC COM CVE	CVE	141,350	$3.5m0.88%	0.88%	Added +30.4k	+30,400 27.4%
22	AMRIZE LTD SHS AMRZ	AMRZ	64,720	$3.4m0.86%	0.86%	Added +3.0k	+3,000 4.9%
23	EATON CORP PLC SHS ETN	ETN	7,817	$3.3m0.83%	0.83%	Added +740	+740 10.5%
24	SYNOPSYS INC COM SNPS	SNPS	7,466	$3.3m0.83%	0.83%	Reduced -2.8k	-2,765 -27.0%
25	KENVUE INC COM KVUE	KVUE	170,807	$3.3m0.82%	0.82%	Unchanged
26	MAPLEBEAR INC COM CART	CART	65,106	$3.1m0.77%	0.77%	Reduced -28.9k	-28,910 -30.8%
27	ZOETIS INC CL A ZTS	ZTS	42,000	$3.0m0.76%	0.76%	New
28	MICROSOFT CORP COM MSFT	MSFT	8,062	$3.0m0.75%	0.75%	Reduced -4.3k	-4,300 -34.8%
29	DIAGEO PLC SPON ADR NEW DEO	DEO	34,233	$2.8m0.69%	0.69%	Unchanged
30	ZOOM COMMUNICATIONS INC CL A ZM	ZM	31,869	$2.8m0.69%	0.69%	Reduced -14.8k	-14,780 -31.7%
31	GRUPO CIBEST SA SPON ADS CIB	CIB	33,840	$2.7m0.67%	0.67%	Reduced -5.9k	-5,860 -14.8%
32	ADEIA INC COM ADEA	ADEA	77,055	$2.5m0.64%	0.64%	Added +6.2k	+6,225 8.8%
33	NOKIA CORP SPONSORED ADR NOK	NOK	190,965	$2.5m0.64%	0.64%	Reduced -92.9k	-92,880 -32.7%
34	SOLSTICE ADVANCED MATLS INC COM SHS SOLS	SOLS	28,465	$2.5m0.63%	0.63%	Added +23.3k	+23,295 450.6%
35	STRIDE INC COM LRN	LRN	29,049	$2.5m0.63%	0.63%	Reduced -28.1k	-28,106 -49.2%
36	APPFOLIO INC COM CL A APPF	APPF	13,904	$2.2m0.56%	0.56%	Reduced -8.4k	-8,440 -37.8%
37	SPDR GOLD TR GOLD SHS GLD	GLD	5,950	$2.2m0.55%	0.55%	New
38	UNITEDHEALTH GROUP INC COM UNH	UNH	5,131	$2.1m0.53%	0.53%	Reduced -3.7k	-3,718 -42.0%
39	LULULEMON ATHLETICA INC COM LULU	LULU	16,905	$1.9m0.48%	0.48%	New
40	DYNATRACE INC COM NEW DT	DT	42,205	$1.9m0.46%	0.46%	Added +18.3k	+18,270 76.3%
41	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	111,126	$1.8m0.45%	0.45%	Unchanged
42	FISERV INC COM FISV	FISV	35,815	$1.8m0.44%	0.44%	Added +28.2k	+28,185 369.4%
43	ESTABLISHMENT LABS HLDGS INC COM ESTA	ESTA	20,390	$1.7m0.44%	0.44%	New
44	CACTUS INC CL A WHD	WHD	33,770	$1.7m0.43%	0.43%	Added +6.0k	+5,990 21.6%
45	HUDSON TECHNOLOGIES INC COM HDSN	HDSN	299,976	$1.7m0.43%	0.43%	Added +242.4k	+242,354 420.6%
46	WABTEC COM WAB	WAB	6,360	$1.7m0.43%	0.43%	Reduced -565	-565 -8.2%
47	MARVELL TECHNOLOGY INC COM MRVL	MRVL	5,636	$1.7m0.42%	0.42%	Reduced -108.2k	-108,215 -95.0%
48	LOCKHEED MARTIN CORP COM LMT	LMT	3,180	$1.6m0.41%	0.41%	New
49	ENDAVA PLC ADS DAVA	DAVA	567,416	$1.6m0.40%	0.40%	Unchanged
50	LIMBACH HLDGS INC COM LMB	LMB	20,510	$1.6m0.40%	0.40%	New
51	BANK AMERICA CORP COM BAC	BAC	26,730	$1.5m0.38%	0.38%	Unchanged
52	ATKORE INC COM ATKR	ATKR	19,844	$1.5m0.38%	0.38%	Reduced -8.2k	-8,230 -29.3%
53	RB GLOBAL INC COM RBA	RBA	12,897	$1.5m0.38%	0.38%	Unchanged
54	PAYPAL HLDGS INC COM PYPL	PYPL	33,921	$1.5m0.37%	0.37%	Reduced -2.9k	-2,945 -8.0%
55	API GROUP CORP COM STK APG	APG	32,770	$1.4m0.35%	0.35%	New
56	KIMBERLY-CLARK CORP COM KMB	KMB	12,615	$1.4m0.35%	0.35%	Unchanged
57	ON SEMICONDUCTOR CORP COM ON	ON	14,595	$1.4m0.35%	0.35%	Reduced -22.6k	-22,615 -60.8%
58	KLAVIYO INC COM SER A KVYO	KVYO	91,120	$1.4m0.34%	0.34%	New
59	UBER TECHNOLOGIES INC COM UBER	UBER	18,960	$1.4m0.34%	0.34%	Unchanged
60	NORDSON CORP COM NDSN	NDSN	4,530	$1.4m0.34%	0.34%	Unchanged
61	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	28,320	$1.4m0.34%	0.34%	New
62	HENRY SCHEIN INC COM HSIC	HSIC	16,026	$1.3m0.34%	0.34%	Unchanged
63	ST JOE CO COM JOE	JOE	20,610	$1.3m0.32%	0.32%	Reduced -3.4k	-3,380 -14.1%
64	CPI CARD GROUP INC COM NEW PMTS	PMTS	60,796	$1.3m0.32%	0.32%	Unchanged
65	AMENTUM HOLDINGS INC COM AMTM	AMTM	59,845	$1.2m0.31%	0.31%	Added +30.7k	+30,655 105.0%
66	SCHMID GROUP N.V. EURO SHS CL A SHMD	SHMD	193,505	$1.2m0.30%	0.30%	New
67	GITLAB INC CLASS A COM GTLB	GTLB	39,415	$1.2m0.30%	0.30%	Reduced -29.6k	-29,565 -42.9%
68	WISE GROUP PLC ORD SHS CLASS A WSE	WSE	99,950	$1.2m0.30%	0.30%	New
69	KASPI KZ JSC SPONSORED ADS KSPI	KSPI	13,665	$1.2m0.30%	0.30%	Unchanged
70	HUBSPOT INC COM HUBS	HUBS	6,085	$1.1m0.28%	0.28%	New
71	CANADIAN NAT RES LTD COM CNQ	CNQ	27,500	$1.1m0.27%	0.27%	Reduced -45.6k	-45,650 -62.4%
72	SNAP INC CL A SNAP	SNAP	234,834	$1.0m0.26%	0.26%	Reduced -48.1k	-48,120 -17.0%
73	LEGENCE CORP CL A LGN	LGN	11,722	$999.1k0.25%	0.25%	Reduced -94.2k	-94,198 -88.9%
74	GRIFFON CORP COM GFF	GFF	10,220	$996.8k0.25%	0.25%	Reduced -6.4k	-6,440 -38.7%
75	ADTRAN HOLDINGS INC COM ADTN	ADTN	70,519	$980.2k0.25%	0.25%	Reduced -481.5k	-481,491 -87.2%
76	POWER SOLUTIONS INTL INC COM NEW PSIX	PSIX	25,175	$979.1k0.25%	0.25%	Added +13.5k	+13,510 115.8%
77	ECOPETROL S A SPONSORED ADS EC	EC	67,555	$962.0k0.24%	0.24%	Unchanged
78	NETAPP INC COM NTAP	NTAP	5,701	$882.3k0.22%	0.22%	Reduced -3.7k	-3,700 -39.4%
79	FOX FACTORY HLDG CORP COM FOXF	FOXF	51,166	$867.0k0.22%	0.22%	Unchanged
80	MOSAIC CO NEW COM MOS	MOS	39,940	$846.3k0.21%	0.21%	Unchanged
81	U HAUL HOLDING COMPANY COM UHAL	UHAL	12,714	$832.0k0.21%	0.21%	Unchanged
82	FIGMA INC CLASS A COM STK FIG	FIG	45,525	$823.5k0.21%	0.21%	New
83	T-MOBILE US INC COM TMUS	TMUS	4,835	$811.0k0.20%	0.20%	New
84	LENSAR INC COM LNSR	LNSR	139,390	$795.9k0.20%	0.20%	Unchanged
85	CAMECO CORP COM CCJ	CCJ	7,535	$767.5k0.19%	0.19%	Unchanged
86	COUPANG INC CL A CPNG	CPNG	43,693	$758.9k0.19%	0.19%	Reduced -106.6k	-106,597 -70.9%
87	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	12,422	$753.6k0.19%	0.19%	Unchanged
88	RCI HOSPITALITY HLDGS INC COM RICK	RICK	27,253	$744.6k0.19%	0.19%	Unchanged
89	SEA LTD SPONSORD ADS SE	SE	7,380	$707.2k0.18%	0.18%	Unchanged
90	LIBERTY GLOBAL LTD COM CL A LBTYA	LBTYA	60,640	$689.5k0.17%	0.17%	Unchanged
91	KRAFT HEINZ CO COM KHC	KHC	28,745	$679.0k0.17%	0.17%	Unchanged
92	ACV AUCTIONS INC COM CL A COM CL A		91,075	$654.8k0.16%	0.16%	Unchanged
93	CORE SCIENTIFIC INC NEW COM CORZ	CORZ	25,220	$645.4k0.16%	0.16%	New
94	FRESHWORKS INC CLASS A COM FRSH	FRSH	62,225	$629.7k0.16%	0.16%	Unchanged
95	MADISON SQUARE GARDEN ENTMT COM CL A MSGE	MSGE	6,064	$490.5k0.12%	0.12%	Reduced -25.0k	-25,005 -80.5%
96	CRONOS GROUP INC COM CRON	CRON	171,886	$477.8k0.12%	0.12%	Unchanged
97	FLOWERS FOODS INC COM FLO	FLO	56,065	$442.9k0.11%	0.11%	Unchanged
98	VERRA MOBILITY CORP CL A COM STK VRRM	VRRM	100,671	$427.9k0.11%	0.11%	New
99	O-I GLASS INC COM OI	OI	39,855	$383.8k0.10%	0.10%	Unchanged
100	GRUPO AVAL ACCIONES Y VALORE SPONSORED ADS AVAL	AVAL	75,000	$377.2k0.09%	0.09%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
INTEL CORP INTC	INTC	61,285	$2.7m61.3k shares
ICON PLC ICLR	ICLR	15,646	$1.7m15.6k shares
CHEMOURS CO CC	CC	52,401	$1.2m52.4k shares
EQT CORP EQT	EQT	13,630	$867.4k13.6k shares
NOVANTA INC NOVT	NOVT	6,820	$805.5k6.8k shares
SUPER MICRO COMPUTER INC SMCI	SMCI	35,335	$804.6k35.3k shares
OBSIDIAN ENERGY LTD OBE	OBE	84,060	$796.5k84.1k shares
PAYONEER GLOBAL INC PAYO	PAYO	162,825	$786.4k162.8k shares
VAIL RESORTS INC MTN	MTN	5,820	$746.8k5.8k shares
FORTREA HLDGS INC FTRE	FTRE	72,820	$686.0k72.8k shares
NOBLE CORP PLC NE	NE	13,633	$669.0k13.6k shares
KORN FERRY KFY	KFY	10,288	$647.6k10.3k shares
CHARLES RIV LABS INTL INC CRL	CRL	3,043	$524.9k3.0k shares
PERION NETWORK LTD PERI	PERI	49,373	$493.2k49.4k shares
LIQUIDIA CORPORATION LQDA	LQDA	10,115	$381.7k10.1k shares
MICRON TECHNOLOGY INC MU	MU	740	$250.0k740 shares
RCM TECHNOLOGIES INC RCMT	RCMT	12,891	$246.7k12.9k shares
CARPARTS COM INC		252,495	$198.4k252.5k shares
TENABLE HLDGS INC TENB	TENB	11,720	$198.2k11.7k shares
SHUTTERSTOCK INC SSTK	SSTK	10,765	$178.8k10.8k shares
DMC GLOBAL INC BOOM	BOOM	20,492	$106.8k20.5k shares