SRS Investment Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), SRS Investment Management, LLC reported 20 stock positions worth $7.0 billion. Its top holding was Netflix (NFLX) at 25.8% of the portfolio, followed by Avis Budget (CAR, 19.6%) and Snap Class A (SNAP, 11.3%). Compared with Q3 2024, it opened 4 new positions, sold out of 4, added to 4 and reduced 4. The biggest buy was United Airlines (UAL, shares +55%) and the biggest sale PDD (PDD, shares −7%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001503174
- Portfolio Value
- $7.0B (Q4 2024)
- SEC Filing
- 0001172661-25-000874 ↗ filed Feb 14, 2025
Holdings Value
Holdings 20 stocks · $7.0B
| NFLX Netflix Inc. | 25.77% | 2,034,454 | $1.8B | Reduce -2.3% |
| CAR Avis Budget Group Inc. | 19.62% | 17,130,882 | $1.4B | No change |
| SNAP Snap Inc. Class A | 11.28% | 73,723,115 | $794.0M | Add +1.4% |
| META Meta Platforms Inc. Class A | 7.04% | 845,988 | $495.3M | Reduce -20.5% |
| PLNT Planet Fitness Inc. Class A | 6.61% | 4,702,165 | $464.9M | No change |
| PDD PDD Holdings Inc. | 5.60% | 4,064,381 | $394.2M | Reduce -6.6% |
| BURL Burlington Stores Inc. | 5.15% | 1,270,421 | $362.1M | Add +10.8% |
| TEAM Atlassian Corp. Class A | 4.52% | 1,305,595 | $317.8M | Reduce -26.3% |
| UAL United Airlines Holdings Inc. | 4.00% | 2,901,113 | $281.7M | Add +55.4% |
| SPOT Spotify Technology SA | 2.53% | 398,180 | $178.1M | No change |
| TSM Taiwan Semiconductor-SP ADR | 2.16% | 768,027 | $151.7M | No change |
| UNH Unitedhealth Group Inc. | 2.10% | 291,979 | $147.7M | Add +20.8% |
| NVDA Nvidia Corp. | 1.03% | 540,235 | $72.5M | No change |
| VSXY Victoria's Secret & Co. | 0.53% | 893,542 | $37.0M | New |
| CMCSA Comcast Corp. Class A | 0.52% | 969,699 | $36.4M | No change |
| DECK Deckers Outdoor Corp. | 0.48% | 165,294 | $33.6M | New |
| HUM Humana Inc. | 0.44% | 123,293 | $31.3M | New |
| TRIP Tripadvisor Inc. | 0.27% | 1,293,952 | $19.1M | No change |
| WDC Western Digital Corp. | 0.24% | 285,837 | $17.0M | New |
| GLBE Global-E Online Ltd. | 0.13% | 163,357 | $8.9M | No change |
Portfolio Sells Q3 2024 → Q4 2024
| PDD PDD Holdings Inc. | Reduce -6.6% | 5.60% | −3.13 |
| META Meta Platforms Inc. Class A | Reduce -20.5% | 7.04% | −2.04 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −1.50 |
| BEKE Ke Holdings Inc.-ADR | Sold out | 0.00% | −0.39 |
| FIVE Five Below | Sold out | 0.00% | −0.20 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.00 |
| TEAM Atlassian Corp. Class A | Reduce -26.3% | 4.52% | +0.33 |
| NFLX Netflix Inc. | Reduce -2.3% | 25.77% | +3.78 |
Portfolio Buys Q3 2024 → Q4 2024
| UAL United Airlines Holdings Inc. | Add +55.4% | 4.00% | +2.42 |
| BURL Burlington Stores Inc. | Add +10.8% | 5.15% | +0.65 |
| VSXY Victoria's Secret & Co. | New | 0.53% | +0.53 |
| DECK Deckers Outdoor Corp. | New | 0.48% | +0.48 |
| HUM Humana Inc. | New | 0.44% | +0.44 |
| WDC Western Digital Corp. | New | 0.24% | +0.24 |
| UNH Unitedhealth Group Inc. | Add +20.8% | 2.10% | −0.01 |
| SNAP Snap Inc. Class A | Add +1.4% | 11.28% | −0.30 |
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 |