SRS Investment Management, LLC

CIK

1503174

Location

New York, NY

Portfolio Value

Mid $9,465,975,489

Diversification

Diversified

Filing Date

Global Rank

#437 / 8,605 ▲ 7 · as of Mar 2026

Top Industry

Rental & Leasing Services 26.9%

3Y Alpha vs SPY

-13.8%

Period ended 3 months ago

Filed May 15, 2026 · 55d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+17.7%

SPY

+76.5%

Annualised alpha

-15.3%

Max drawdown

−50.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

29 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

26.9%

+3.3 pts

Top 5

58.8%

+1.4 pts

Top 10

76.7%

−0.1 pts

HHI

1,168

Diversified+148

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Industrials	30.2%	$2,862,329,991	3
Communication Services	25.3%	$2,391,679,476	5
Consumer Cyclical	23.1%	$2,184,918,118	10
Technology	19.4%	$1,834,568,364	8
Financial Services	1.5%	$144,712,893	1
Healthcare	0.5%	$47,766,647	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

19 positions

Ticker	Company	Δ Shares	Shares	Value
RBLX	Roblox Corp	+3,663,684	6,601,674	$373,390,681
CRDO	Credo Technology Group Holding Ltd	+2,394,163	2,505,841	$235,223,294
GLBE	Global-E Online Ltd.	+340,229	1,236,946	$38,159,784
TWLO	Twilio Inc	+254,130	2,064,408	$259,743,814
HUT	Hut 8 Corp.	+215,108	3,084,905	$144,712,893
SPOT	Spotify Technology S.A.	+97,438	244,547	$118,583,285
DAL	Delta Air Lines, Inc.	+44,155	780,437	$51,883,451
KMX	Carmax Inc	+13,871	5,651,674	$234,996,604
PLNT	Planet Fitness, Inc.	+8,944	4,886,522	$363,459,506
UAL	United Airlines Holdings, Inc.	+8,806	2,912,484	$268,152,401
TPR	Tapestry, Inc.	+5,845	5,051,844	$712,865,706
WRBY	Warby Parker Inc.	+4,015	1,439,398	$30,328,115
CMCSA	Comcast Corp	+3,286	972,985	$27,934,399
BURL	Burlington Stores, Inc.	+3,149	1,156,869	$376,422,035
CLS	Celestica Inc	+2,526	1,016,740	$286,395,323
TCOM	Trip.com Group Ltd	+1,632	757,817	$37,731,708
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+1,347	510,073	$172,379,170
MDB	MongoDB, Inc.	+1,333	526,942	$128,979,593
HSAI	Hesai Group	+939	559,706	$10,701,578
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−800,199	2,500,525	$436,091,560
ABNB	Airbnb, Inc.	−743,470	1,776,551	$224,342,860
AMD	Advanced Micro Devices Inc	−193,078	1,442,552	$293,458,353
ELV	Elevance Health, Inc.	−87,408	59,568	$17,438,532
META	Meta Platforms, Inc.	−23,771	719,729	$411,778,552
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
FIVE	Five Below, Inc	722,826	$165,151,284
SNDK	Sandisk Corp	35,095	$22,297,257
CPNG	Coupang, Inc.	1,116,899	$21,087,053
No positions match the current search.

Sold Out

Positions the filer fully exited

5 positions

Ticker	Company	Shares	Value
PDD	PDD Holdings Inc.	1,016,859	$115,301,642
FN	Fabrinet	141,220	$64,294,641
HD	Home Depot, Inc.	180,302	$62,041,918
CVS	CVS HEALTH Corp	612,778	$48,630,062
LOW	Lowes Companies Inc	126,488	$30,503,846
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

29 positions · $9,465,975,489 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Industrials Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CAR	Avis Budget Group, Inc. Industrials	Held	17,430,882	0	$2,542,294,139	+13.7%	26.86%
NFLX	Netflix Inc Communication Services	Held	15,184,530	0	$1,459,992,559	+2.5%	15.42%
TPR	Tapestry, Inc. Consumer Cyclical	Added	5,051,844	+5,845	$712,865,706	+10.6%	7.53%
NVDA	Nvidia Corp Technology	Reduced	2,500,525	-800,199	$436,091,560	−29.2%	4.61%
META	Meta Platforms, Inc. Communication Services	Reduced	719,729	-23,771	$411,778,552	−16.1%	4.35%
BURL	Burlington Stores, Inc. Consumer Cyclical	Added	1,156,869	+3,149	$376,422,035	+13.0%	3.98%
RBLX	Roblox Corp Communication Services	Added	6,601,674	+3,663,684	$373,390,681	+56.8%	3.94%
PLNT	Planet Fitness, Inc. Consumer Cyclical	Added	4,886,522	+8,944	$363,459,506	−31.3%	3.84%
AMD	Advanced Micro Devices Inc Technology	Reduced	1,442,552	-193,078	$293,458,353	−16.2%	3.10%
CLS	Celestica Inc Technology	Added	1,016,740	+2,526	$286,395,323	−4.5%	3.03%
UAL	United Airlines Holdings, Inc. Industrials	Added	2,912,484	+8,806	$268,152,401	−17.4%	2.83%
TWLO	Twilio Inc Technology	Added	2,064,408	+254,130	$259,743,814	+0.9%	2.74%
CRDO	Credo Technology Group Holding Ltd Technology	Added	2,505,841	+2,394,163	$235,223,294	+1363.8%	2.48%
KMX	Carmax Inc Consumer Cyclical	Added	5,651,674	+13,871	$234,996,604	+7.9%	2.48%
ABNB	Airbnb, Inc. Consumer Cyclical	Reduced	1,776,551	-743,470	$224,342,860	−34.4%	2.37%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	510,073	+1,347	$172,379,170	+11.5%	1.82%
FIVE	Five Below, Inc Consumer Cyclical	NEW	722,826	NEW	$165,151,284	NEW	1.74%
HUT	Hut 8 Corp. Financial Services	Added	3,084,905	+215,108	$144,712,893	+9.8%	1.53%
MDB	MongoDB, Inc. Technology	Added	526,942	+1,333	$128,979,593	−41.5%	1.36%
SPOT	Spotify Technology S.A. Communication Services	Added	244,547	+97,438	$118,583,285	+38.8%	1.25%
DAL	Delta Air Lines, Inc. Industrials	Added	780,437	+44,155	$51,883,451	+1.5%	0.55%
GLBE	Global-E Online Ltd. Consumer Cyclical	Added	1,236,946	+340,229	$38,159,784	+8.3%	0.40%
TCOM	Trip.com Group Ltd Consumer Cyclical	Added	757,817	+1,632	$37,731,708	−30.6%	0.40%
WRBY	Warby Parker Inc. Healthcare	Added	1,439,398	+4,015	$30,328,115	−3.0%	0.32%
CMCSA	Comcast Corp Communication Services	Added	972,985	+3,286	$27,934,399	+2.8%	0.30%
SNDK	Sandisk Corp Technology	NEW	35,095	NEW	$22,297,257	NEW	0.24%
CPNG	Coupang, Inc. Consumer Cyclical	NEW	1,116,899	NEW	$21,087,053	NEW	0.22%
ELV	Elevance Health, Inc. Healthcare	Reduced	59,568	-87,408	$17,438,532	−66.2%	0.18%
HSAI	Hesai Group Consumer Cyclical	Added	559,706	+939	$10,701,578	−14.5%	0.11%