SRS Investment Management, LLC 13F: Quarter-over-Quarter Portfolio Changes
SRS Investment Management, LLC reported a disclosed portfolio value of approximately $9.5 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 0.3% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 19 holdings, trimmed 5 holdings, and exited 5 positions.
SRS Investment Management, LLC's top buy was Credo Technology Group Holdi (CRDO) . The fund bought 2143.8% more shares, lifting the position's portfolio weight by 2.3 percentage points. Its top sell was Pdd Holdings INC (PDD) . The fund exited the position completely after it had accounted for 1.2% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| FIVE BELOW INC | FIVE | 1.7% | Holders → |
| SANDISK CORP | SNDK | 0.2% | Holders → |
| COUPANG INC | CPNG | 0.2% | Holders → |
Top BuysQ1 2026
Showing the top 10 buys among 19 existing positions where the fund bought more shares in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| CREDO TECHNOLOGY GROUP HOLDI | CRDO | +2.3% | +2143.8% | Holders → |
| ROBLOX CORP | RBLX | +1.4% | +124.7% | History → |
| SPOTIFY TECHNOLOGY S A | SPOT | +0.4% | +66.2% | Holders → |
| GLOBAL E ONLINE LTD | GLBE | +0.0% | +37.9% | Holders → |
| TWILIO INC | TWLO | +0.0% | +14.0% | Holders → |
| HUT 8 CORP | HUT | +0.1% | +7.5% | Holders → |
| DELTA AIR LINES INC | DAL | +0.0% | +6.0% | Holders → |
| COMCAST CLASS A | CMCSA | +-0.0% | +0.3% | Holders → |
| UNITED AIRLS HLDGS INC | UAL | +-0.6% | +0.3% | Holders → |
| WARBY PARKER INC | WRBY | +-0.0% | +0.3% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| ELEVANCE HEALTH INC | ELV | -0.4% | 59.5% | Holders → |
| AIRBNB, INC. | ABNB | -1.2% | 29.5% | Holders → |
| NVIDIA CORPORATION COM | NVDA | -1.9% | 24.2% | History → |
| ADVANCED MICRO DEVICES INC | AMD | -0.6% | 11.8% | History → |
| META PLATFORMS INC | META | -0.8% | 3.2% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| PDD HOLDINGS INC | PDD | 1.2% |
| FABRINET | FN | 0.7% |
| HOME DEPOT | HD | 0.7% |
| CVS HEALTH CORP | CVS | 0.5% |
| LOWES COS INC | LOW | 0.3% |
Net Portfolio Value ChangeQ1 2026
- $9.5BPrior quarter
- $9.5BCurrent quarter
- $-0.0BNet delta
- -0.3%% 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 Q1 2026?
In Q1 2026, SRS Investment Management, LLC initiated 3 new positions (FIVE BELOW INC (FIVE), SANDISK CORP (SNDK), COUPANG INC (CPNG)); bought more shares of CREDO TECHNOLOGY GROUP HOLDI (CRDO), ROBLOX CORP (RBLX), SPOTIFY TECHNOLOGY S A (SPOT), GLOBAL E ONLINE LTD (GLBE), TWILIO INC (TWLO) — the largest 5 of 19 adds.
What stocks did SRS Investment Management, LLC sell in Q1 2026?
In Q1 2026, SRS Investment Management, LLC fully sold 5 positions (PDD HOLDINGS INC (PDD), FABRINET (FN), HOME DEPOT (HD), CVS HEALTH CORP (CVS), LOWES COS INC (LOW)); reduced holdings in ELEVANCE HEALTH INC (ELV), AIRBNB, INC. (ABNB), NVIDIA CORPORATION COM (NVDA), ADVANCED MICRO DEVICES INC (AMD), META PLATFORMS INC (META).
Which positions did SRS Investment Management, LLC initiate in Q1 2026?
SRS Investment Management, LLC established 3 new positions in Q1 2026: FIVE BELOW INC (FIVE, 1.7%), SANDISK CORP (SNDK, 0.2%), COUPANG INC (CPNG, 0.2%).
Which existing positions saw the largest allocation increases for SRS Investment Management, LLC in Q1 2026?
Of 19 existing positions with share-count increases in Q1 2026, the largest were: CREDO TECHNOLOGY GROUP HOLDI (CRDO, +2.3% weight, +2143.8% shares), ROBLOX CORP (RBLX, +1.4% weight, +124.7% shares), SPOTIFY TECHNOLOGY S A (SPOT, +0.4% weight, +66.2% shares), GLOBAL E ONLINE LTD (GLBE, +0.0% weight, +37.9% shares), TWILIO INC (TWLO, +0.0% weight, +14.0% shares), HUT 8 CORP (HUT, +0.1% weight, +7.5% shares), DELTA AIR LINES INC (DAL, +0.0% weight, +6.0% shares), COMCAST CLASS A (CMCSA, +-0.0% weight, +0.3% shares), UNITED AIRLS HLDGS INC (UAL, +-0.6% weight, +0.3% shares), WARBY PARKER INC (WRBY, +-0.0% weight, +0.3% shares).
Which positions did SRS Investment Management, LLC fully exit in Q1 2026?
SRS Investment Management, LLC fully exited 5 positions in Q1 2026: PDD HOLDINGS INC (PDD, last-reported weight 1.2%), FABRINET (FN, last-reported weight 0.7%), HOME DEPOT (HD, last-reported weight 0.7%), CVS HEALTH CORP (CVS, last-reported weight 0.5%), LOWES COS INC (LOW, last-reported weight 0.3%).
Which existing positions saw the largest allocation reductions for SRS Investment Management, LLC in Q1 2026?
Of 5 existing positions with share-count reductions in Q1 2026, the largest were: ELEVANCE HEALTH INC (ELV, -0.4% weight, -59.5% shares), AIRBNB, INC. (ABNB, -1.2% weight, -29.5% shares), NVIDIA CORPORATION COM (NVDA, -1.9% weight, -24.2% shares), ADVANCED MICRO DEVICES INC (AMD, -0.6% weight, -11.8% shares), META PLATFORMS INC (META, -0.8% weight, -3.2% 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.