Latest SRS Investment Management, LLC Stock Portfolio
SRS Investment Management, LLC Performance:
2024 Q3: -6.47%YTD: -11.14%2023: 32.62%
Performance for 2024 Q3 is -6.47%, and YTD is -11.14%, and 2023 is 32.62%.
About SRS Investment Management, LLC and 13F Hedge Fund Stock Holdings
SRS Investment Management, LLC is a hedge fund based in NEW YORK, NY. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $10.9 Billions. In it's latest 13F Holdings report, SRS Investment Management, LLC reported an equity portfolio of $6.7 Billions as of 30 Sep, 2024.
The top stock holdings of SRS Investment Management, LLC are CAR, NFLX, SNAP. The fund has invested 22.3% of it's portfolio in AVIS BUDGET GROUP and 22% of portfolio in NETFLIX INC.
The fund managers got completely rid off AMERICAN AIRLS GROUP INC (AAL), HEWLETT PACKARD ENTERPRISE C (HPE) and CONFLUENT INC (CFLT) stocks. They significantly reduced their stock positions in NVIDIA CORPORATION (NVDA), PLANET FITNESS INC (PLNT) and UNITEDHEALTH GROUP INC (UNH). SRS Investment Management, LLC opened new stock positions in ELEVANCE HEALTH INC (ELV), KE HLDGS INC (BEKE) and FIVE BELOW INC (FIVE). The fund showed a lot of confidence in some stocks as they added substantially to UNITED AIRLS HLDGS INC (UAL), ATLASSIAN CORPORATION (TEAM) and PDD HOLDINGS INC (PDD).
The top stock holdings of SRS Investment Management, LLC are CAR, NFLX, SNAP. The fund has invested 22.3% of it's portfolio in AVIS BUDGET GROUP and 22% of portfolio in NETFLIX INC.
The fund managers got completely rid off AMERICAN AIRLS GROUP INC (AAL), HEWLETT PACKARD ENTERPRISE C (HPE) and CONFLUENT INC (CFLT) stocks. They significantly reduced their stock positions in NVIDIA CORPORATION (NVDA), PLANET FITNESS INC (PLNT) and UNITEDHEALTH GROUP INC (UNH). SRS Investment Management, LLC opened new stock positions in ELEVANCE HEALTH INC (ELV), KE HLDGS INC (BEKE) and FIVE BELOW INC (FIVE). The fund showed a lot of confidence in some stocks as they added substantially to UNITED AIRLS HLDGS INC (UAL), ATLASSIAN CORPORATION (TEAM) and PDD HOLDINGS INC (PDD).
SRS Investment Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that SRS Investment Management, LLC made a return of -6.47% in the last quarter. In trailing 12 months, it's portfolio return was 1.42%.
New Buys
| Ticker | $ Bought |
|---|---|
| elevance health inc | 100,656,000 |
| ke hldgs inc | 26,153,000 |
| five below inc | 13,109,100 |
New stocks bought by SRS Investment Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| united airls hldgs inc | 283 |
| atlassian corporation | 31.33 |
| pdd holdings inc | 19.31 |
| burlington stores inc | 13.96 |
Additions to existing portfolio by SRS Investment Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| nvidia corporation | -68.17 |
| planet fitness inc | -23.06 |
| unitedhealth group inc | -19.49 |
| netflix inc | -2.89 |
SRS Investment Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| american airls group inc | -148,015,000 |
| hewlett packard enterprise c | -63,512,900 |
| confluent inc | -15,248,600 |
| 10x genomics inc | -9,807,800 |
| roblox corp | -2,498,950 |
SRS Investment Management, LLC got rid off the above stocks
Sector Distribution
SRS Investment Management, LLC has about 42.6% of it's holdings in Communication Services sector.
| Sector | % |
|---|---|
| Communication Services | 42.6 |
| Industrials | 23.9 |
| Others | 14 |
| Consumer Cyclical | 10.7 |
| Technology | 5.2 |
| Healthcare | 3.6 |
Market Cap. Distribution
SRS Investment Management, LLC has about 53.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 34.1 |
| MID-CAP | 28.5 |
| LARGE-CAP | 19.2 |
| UNALLOCATED | 18.2 |
Stocks belong to which Index?
About 37.8% of the stocks held by SRS Investment Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 62.2 |
| S&P 500 | 37.8 |
SRS Investment Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of SRS Investment Management, LLC
SRS Investment Management, LLC has 20 stocks in it's portfolio. About 92.4% of the portfolio is in top 10 stocks. SNAP proved to be the most loss making stock for the portfolio. META was the most profitable stock for SRS Investment Management, LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAL | american airls group inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BEKE | ke hldgs inc | 0.39 | 1,313,560 | 26,153,000 | new | |||
| BURL | burlington stores inc | 4.50 | 1,146,450 | 302,066,000 | added | 13.96 | ||
| CAR | avis budget group | 22.34 | 17,130,900 | 1,500,490,000 | unchanged | 0.00 | ||
| CFLT | confluent inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CMCSA | comcast corp new | 0.60 | 969,699 | 40,504,300 | unchanged | 0.00 | ||
| ELV | elevance health inc | 1.50 | 193,569 | 100,656,000 | new | |||
| FIVE | five below inc | 0.20 | 148,377 | 13,109,100 | new | |||
| HPE | hewlett packard enterprise c | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| META | meta platforms inc | 9.07 | 1,064,560 | 609,394,000 | unchanged | 0.00 | ||
| NFLX | netflix inc | 21.98 | 2,081,510 | 1,476,350,000 | reduced | -2.89 | ||
| NVDA | nvidia corporation | 0.98 | 540,235 | 65,606,100 | reduced | -68.17 | ||
| PDD | pdd holdings inc | 8.73 | 4,351,520 | 586,628,000 | added | 19.31 | ||
| PLNT | planet fitness inc | 5.69 | 4,702,160 | 381,910,000 | reduced | -23.06 | ||
| RBLX | roblox corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| SNAP | snap inc | 11.59 | 72,721,500 | 778,120,000 | unchanged | 0.00 | ||
| TEAM | atlassian corporation | 4.19 | 1,770,980 | 281,249,000 | added | 31.33 | ||
| TRIP | tripadvisor inc | 0.28 | 1,293,950 | 18,749,400 | unchanged | 0.00 | ||
| TSM | taiwan semiconductor mfg ltd | 1.99 | 768,027 | 133,383,000 | unchanged | 0.00 | ||
| TXG | 10x genomics inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||