SRS Investment Management LLC's Q2 2024 13F: 5 new positions, 5 exits
Form 13F-HR for the quarter ended Jun 30, 2024 · filed Aug 14, 2024 · 22 reported positions · accession 0000902664-24-005141
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | ADVANCED MICRO DEVICES INC (AMD) | 5.4% | — | −5.4 pts | −2.16M sh | −100% |
| Increased | BURLINGTON STORES INC (BURL) | 0.7% | 3.3% | +2.6 pts | +798K sh | +384% |
| Exited | DATADOG INC (DDOG) | 2.5% | — | −2.5 pts | −1.48M sh | −100% |
| New | UNITEDHEALTH GROUP INC (UNH) | — | 2.1% | +2.1 pts | +300K sh | new |
| Increased | SNAP INC (SNAP) | 10.3% | 16.4% | +6.1 pts | +7.61M sh | +12% |
| Reduced | AMERICAN AIRLS GROUP INC (AAL) | 4.6% | 2.0% | −2.6 pts | −8.58M sh | −40% |
| New | HEWLETT PACKARD ENTERPRISE C (HPE) | — | 0.9% | +0.9 pts | +3M sh | new |
| Increased | ATLASSIAN CORPORATION (TEAM) | 2.9% | 3.2% | +0.3 pts | +271K sh | +25% |
| Exited | LITHIA MTRS INC (LAD) | 0.6% | — | −0.6 pts | −143K sh | −100% |
| Reduced | AVIS BUDGET GROUP (CAR) | 29.5% | 24.4% | −5.1 pts | −300K sh | −2% |
| Reduced | NETFLIX INC (NFLX) | 18.3% | 19.7% | +1.4 pts | −38,653 sh | −2% |
| New | UNITED AIRLS HLDGS INC (UAL) | — | 0.3% | +0.3 pts | +486K sh | new |
| Reduced | GLOBAL E ONLINE LTD (GLBE) | 0.3% | 0.1% | −0.2 pts | −469K sh | −74% |
| Exited | MGM RESORTS INTERNATIONAL (MGM) | 0.2% | — | −0.2 pts | −280K sh | −100% |
| New | 10X GENOMICS INC (TXG) | — | 0.1% | +0.1 pts | +504K sh | new |
| Exited | PAYPAL HLDGS INC (PYPL) | 0.1% | — | −0.1 pts | −140K sh | −100% |
| New | ROBLOX CORP (RBLX) | — | 0.0% | 0.0 pts | +67,158 sh | new |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 92.0% of the equity book
Changes in the top 10 this quarter: BURL entered · NVDA entered · UNH entered · AMD left · AAL left · DDOG left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | AVIS BUDGET GROUP (CAR) | 29.5% | 24.4% | |
| 2 | NETFLIX INC (NFLX) | 18.3% | 19.7% | |
| 3 | SNAP INC (SNAP) | 10.3% | 16.4% | |
| 4 | META PLATFORMS INC (META) | 7.1% | 7.3% | |
| 5 | PDD HOLDINGS INC (PDD) | 5.9% | 6.6% | |
| 6 | PLANET FITNESS INC (PLNT) | 5.3% | 6.1% | |
| 7 | BURLINGTON STORES INC (BURL) | 0.7% | 3.3% | Entered the top 10 |
| 8 | ATLASSIAN CORPORATION (TEAM) | 2.9% | 3.2% | |
| 9 | NVIDIA CORPORATION (NVDA) | 2.1% | 2.9% | Entered the top 10 |
| 10 | UNITEDHEALTH GROUP INC (UNH) | 0.0% | 2.1% | Entered the top 10 |
| — | ADVANCED MICRO DEVICES INC (AMD) | 5.4% | 0.0% | Left the top 10 |
| — | AMERICAN AIRLS GROUP INC (AAL) | 4.6% | 2.0% | Left the top 10 |
| — | DATADOG INC (DDOG) | 2.5% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).