SRS Investment Management, LLC 13F: Quarter-over-Quarter Portfolio Changes
SRS Investment Management, LLC reported a disclosed portfolio value of approximately $10.7 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 12.8% quarter on quarter. Over the quarter, the fund initiated 5 new positions, bought more shares in 16 holdings, trimmed 9 holdings, and exited 2 positions.
SRS Investment Management, LLC's top buy was a new stake in Coherent CORP (COHR) , equal to 3.4% of the disclosed portfolio. Its top sell was Delta Air Lines INC (DAL) . The fund exited the position completely after it had accounted for 0.5% of the previous portfolio.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| COHERENT CORP | COHR | 3.4% | History → |
| FERMI INC | FRMI | 1.7% | Holders → |
| CHARLES RIV LABS INTL INC | CRL | 0.4% | Holders → |
| HUMANA INC | HUM | 0.1% | Holders → |
| SOUNDHOUND AI INC | SOUN | 0.1% | Holders → |
Top BuysQ2 2026
Showing the top 10 buys among 16 existing positions where the fund bought more shares in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| ROBLOX CORP | RBLX | +2.7% | +97.9% | History → |
| FIVE BELOW INC | FIVE | +0.1% | +52.9% | Holders → |
| MONGODB INC | MDB | +1.0% | +40.2% | Holders → |
| CARMAX INC | KMX | +0.5% | +4.8% | Holders → |
| ELEVANCE HEALTH INC FORMERLY | ELV | +0.0% | +4.0% | Holders → |
| CREDO TECHNOLOGY GROUP HOLDI | CRDO | +4.1% | +2.7% | History → |
| COMCAST CORP NEW | CMCSA | +-0.1% | +1.2% | Holders → |
| UNITED AIRLS HLDGS INC | UAL | +0.9% | +1.0% | History → |
| META PLATFORMS INC | META | +-0.5% | +1.0% | History → |
| WARBY PARKER INC | WRBY | +0.1% | +1.0% | Holders → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| HUT 8 CORP | HUT | -0.4% | 67.6% | Holders → |
| AIRBNB INC | ABNB | -1.5% | 64.7% | Holders → |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | -0.7% | 48.8% | Holders → |
| TWILIO INC | TWLO | -0.7% | 47.9% | Holders → |
| ADVANCED MICRO DEVICES INC | AMD | 1.6% | 39.9% | History → |
| TAPESTRY INC | TPR | -2.0% | 19.6% | History → |
| CELESTICA INC | CLS | 0.1% | 10.3% | Holders → |
| BURLINGTON STORES INC | BURL | -0.8% | 7.1% | Holders → |
| NVIDIA CORPORATION | NVDA | 0.1% | 0.0% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| DELTA AIR LINES INC | DAL | 0.5% |
| GLOBAL E ONLINE LTD | GLBE | 0.4% |
Net Portfolio Value ChangeQ2 2026
- $9.5BPrior quarter
- $10.7BCurrent quarter
- +$1.2BNet delta
- +12.8%% change
Methodology & FAQ
How SRS Investment Management, LLC Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for SRS Investment Management, LLC: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did SRS Investment Management, LLC buy in Q2 2026?
In Q2 2026, SRS Investment Management, LLC initiated 5 new positions (COHERENT CORP (COHR), FERMI INC (FRMI), CHARLES RIV LABS INTL INC (CRL), HUMANA INC (HUM), SOUNDHOUND AI INC (SOUN)); bought more shares of ROBLOX CORP (RBLX), FIVE BELOW INC (FIVE), MONGODB INC (MDB), CARMAX INC (KMX), ELEVANCE HEALTH INC FORMERLY (ELV) (the largest 5 of 16 adds).
What stocks did SRS Investment Management, LLC sell in Q2 2026?
In Q2 2026, SRS Investment Management, LLC fully sold 2 positions (DELTA AIR LINES INC (DAL), GLOBAL E ONLINE LTD (GLBE)); reduced holdings in HUT 8 CORP (HUT), AIRBNB INC (ABNB), TAIWAN SEMICONDUCTOR MANUFAC (TSM), TWILIO INC (TWLO), ADVANCED MICRO DEVICES INC (AMD) (the largest 5 of 9 reductions).
Which positions did SRS Investment Management, LLC initiate in Q2 2026?
SRS Investment Management, LLC established 5 new positions in Q2 2026: COHERENT CORP (COHR, 3.4%), FERMI INC (FRMI, 1.7%), CHARLES RIV LABS INTL INC (CRL, 0.4%), HUMANA INC (HUM, 0.1%), SOUNDHOUND AI INC (SOUN, 0.1%).
Which existing positions saw the largest allocation increases for SRS Investment Management, LLC in Q2 2026?
Of 16 existing positions with share-count increases in Q2 2026, the largest were: ROBLOX CORP (RBLX, +2.7% weight, +97.9% shares), FIVE BELOW INC (FIVE, +0.1% weight, +52.9% shares), MONGODB INC (MDB, +1.0% weight, +40.2% shares), CARMAX INC (KMX, +0.5% weight, +4.8% shares), ELEVANCE HEALTH INC FORMERLY (ELV, +0.0% weight, +4.0% shares), CREDO TECHNOLOGY GROUP HOLDI (CRDO, +4.1% weight, +2.7% shares), COMCAST CORP NEW (CMCSA, +-0.1% weight, +1.2% shares), UNITED AIRLS HLDGS INC (UAL, +0.9% weight, +1.0% shares), META PLATFORMS INC (META, +-0.5% weight, +1.0% shares), WARBY PARKER INC (WRBY, +0.1% weight, +1.0% shares).
Which positions did SRS Investment Management, LLC fully exit in Q2 2026?
SRS Investment Management, LLC fully exited 2 positions in Q2 2026: DELTA AIR LINES INC (DAL, last-reported weight 0.5%), GLOBAL E ONLINE LTD (GLBE, last-reported weight 0.4%).
Which existing positions saw the largest allocation reductions for SRS Investment Management, LLC in Q2 2026?
Of 9 existing positions with share-count reductions in Q2 2026, the largest were: HUT 8 CORP (HUT, -0.4% weight, -67.6% shares), AIRBNB INC (ABNB, -1.5% weight, -64.7% shares), TAIWAN SEMICONDUCTOR MANUFAC (TSM, -0.7% weight, -48.8% shares), TWILIO INC (TWLO, -0.7% weight, -47.9% shares), ADVANCED MICRO DEVICES INC (AMD, 1.6% weight, -39.9% shares), TAPESTRY INC (TPR, -2.0% weight, -19.6% shares), CELESTICA INC (CLS, 0.1% weight, -10.3% shares), BURLINGTON STORES INC (BURL, -0.8% weight, -7.1% shares), NVIDIA CORPORATION (NVDA, 0.1% weight, -0.0% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.