SRS Investment Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), SRS Investment Management, LLC reported 20 stock positions worth $6.7 billion. Its top holding was Avis Budget (CAR) at 22.3% of the portfolio, followed by Netflix (NFLX, 22.0%) and Snap Class A (SNAP, 11.6%). Compared with Q2 2024, it opened 3 new positions, sold out of 5, added to 4 and reduced 4. The biggest buy was PDD (PDD, shares +19%) and the biggest sale an exit from American Airlines (AAL).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001503174
- Portfolio Value
- $6.7B (Q3 2024)
- SEC Filing
- 0000902664-24-006610 ↗ filed Nov 14, 2024
Holdings Value
Holdings 20 stocks · $6.7B
| CAR Avis Budget Group Inc. | 22.34% | 17,130,882 | $1.5B | No change |
| NFLX Netflix Inc. | 21.98% | 2,081,511 | $1.5B | Reduce -2.9% |
| SNAP Snap Inc. Class A | 11.59% | 72,721,483 | $778.1M | No change |
| META Meta Platforms Inc. Class A | 9.07% | 1,064,555 | $609.4M | No change |
| PDD PDD Holdings Inc. | 8.74% | 4,351,517 | $586.6M | Add +19.3% |
| PLNT Planet Fitness Inc. Class A | 5.69% | 4,702,165 | $381.9M | Reduce -23.1% |
| BURL Burlington Stores Inc. | 4.50% | 1,146,448 | $302.1M | Add +14.0% |
| TEAM Atlassian Corp. Class A | 4.19% | 1,770,979 | $281.2M | Add +31.3% |
| SPOT Spotify Technology SA | 2.19% | 398,180 | $146.7M | No change |
| UNH Unitedhealth Group Inc. | 2.10% | 241,693 | $141.3M | Reduce -19.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.99% | 768,027 | $133.4M | No change |
| UAL United Airlines Holdings Inc. | 1.59% | 1,866,513 | $106.5M | Add +283.9% |
| ELV Elevance Health Inc. | 1.50% | 193,569 | $100.7M | New |
| NVDA Nvidia Corp. | 0.98% | 540,235 | $65.6M | Reduce -68.2% |
| CMCSA Comcast Corp. Class A | 0.60% | 969,699 | $40.5M | No change |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.39% | 1,313,561 | $26.2M | New |
| TRIP Tripadvisor Inc. | 0.28% | 1,293,952 | $18.7M | No change |
| FIVE Five Below | 0.20% | 148,377 | $13.1M | New |
| GLBE Global-E Online Ltd. | 0.09% | 163,357 | $6.3M | No change |
| SHOP Shopify Inc. Class A | 0.00% | 4,066 | $326K | No change |
Portfolio Sells Q2 2024 → Q3 2024
| AAL American Airlines Group Inc. | Sold out | 0.00% | −2.01 |
| NVDA Nvidia Corp. | Reduce -68.2% | 0.98% | −1.88 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −0.86 |
| PLNT Planet Fitness Inc. Class A | Reduce -23.1% | 5.69% | −0.43 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.21 |
| TXG 10X Genomics Inc. Class A | Sold out | 0.00% | −0.13 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -19.5% | 2.10% | +0.02 |
| NFLX Netflix Inc. | Reduce -2.9% | 21.98% | +2.30 |
Portfolio Buys Q2 2024 → Q3 2024
| PDD PDD Holdings Inc. | Add +19.3% | 8.74% | +2.14 |
| ELV Elevance Health Inc. | New | 1.50% | +1.50 |
| UAL United Airlines Holdings Inc. | Add +283.9% | 1.59% | +1.26 |
| BURL Burlington Stores Inc. | Add +14.0% | 4.50% | +1.21 |
| TEAM Atlassian Corp. Class A | Add +31.3% | 4.19% | +0.94 |
| BEKE Ke Holdings Inc.-ADR | New | 0.39% | +0.39 |
| FIVE Five Below | New | 0.20% | +0.20 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 32 | $10.7B | CAR, NFLX, RBLX, CRDO, TPR |
| Q1 2026 | 29 | $9.5B | CAR, NFLX, TPR, NVDA, META |
| Q4 2025 | 31 | $9.5B | CAR, NFLX, TPR, NVDA, PLNT |
| Q3 2025 | 28 | $9.2B | CAR, NFLX, NVDA, TPR, META |
| Q2 2025 | 26 | $9.7B | CAR, NFLX, META, PLNT, TPR |
| Q1 2025 | 23 | $7.5B | NFLX, CAR, SNAP, PDD, PLNT |
| Q4 2024 | 20 | $7.0B | NFLX, CAR, SNAP, META, PLNT |
| Q3 2024 | 20 | $6.7B | CAR, NFLX, SNAP, META, PDD |
| Q2 2024 | 22 | $7.3B | CAR, NFLX, SNAP, META, PDD |
| Q1 2024 | 22 | $7.2B | CAR, NFLX, SNAP, META, PDD |