SRS Investment Management, LLC: NETFLIX INC. (NFLX): Quarterly 13F Position History
As of Q1 2026, SRS Investment Management, LLC reported 15,184,530 shares of NETFLIX INC. (NFLX), worth $1.5B and representing 15.4% of its 13F equity book. The position first appeared in Q2 2016 and has been disclosed across 40 13F-HR filings in Pactolio's tracked window.
- 15,184,530Shares Held (Latest Filing)
- $1.5BReported Market Value (Latest Filing)
- 15.4%Portfolio Weight (% of 13F Equity Book)
- 0Quarter-over-Quarter Share Change
- +$36.3MQuarter-over-Quarter Value Change
- 15,184,530Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 40 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 15,184,530 | 0 | — | $1.5B | 15.4% | $96.2 |
| Q4 2025 | 15,184,530 | +13,666,076 | +900.0% | $1.4B | 15.0% | $93.8 |
| Q3 2025 | 1,518,454 | 116,000 | -7.1% | $1.8B | 19.8% | $1198.9 |
| Q2 2025 | 1,634,454 | 400,000 | -19.7% | $2.2B | 22.7% | $1339.1 |
| Q1 2025 | 2,034,454 | 0 | — | $1.9B | 25.4% | $932.5 |
| Q4 2024 | 2,034,454 | 47,057 | -2.3% | $1.8B | 25.8% | $891.3 |
| Q3 2024 | 2,081,511 | 61,859 | -2.9% | $1.5B | 22.0% | $709.3 |
| Q2 2024 | 2,143,370 | 38,653 | -1.8% | $1.4B | 19.7% | $674.9 |
| Q1 2024 | 2,182,023 | 49,624 | -2.2% | $1.3B | 18.3% | $607.3 |
| Q4 2023 | 2,231,647 | 108,221 | -4.6% | $1.1B | 13.2% | $486.9 |
| Q3 2023 | 2,339,868 | 0 | — | $883.5M | 12.7% | $377.6 |
| Q2 2023 | 2,339,868 | 197,840 | -7.8% | $1.0B | 11.8% | $440.5 |
| Q1 2023 | 2,537,708 | +731,030 | +40.5% | $876.7M | 12.6% | $345.5 |
| Q4 2022 | 1,806,678 | +77,361 | +4.5% | $532.8M | 9.6% | $294.9 |
| Q3 2022 | 1,729,317 | +259,528 | +17.7% | $407.1M | 8.0% | $235.4 |
| Q2 2022 | 1,469,789 | 0 | — | $257.0M | 5.0% | $174.9 |
| Q1 2022 | 1,469,789 | 0 | — | $550.6M | 6.1% | $374.6 |
| Q4 2021 | 1,469,789 | 0 | — | $885.5M | 10.5% | $602.4 |
| Q3 2021 | 1,469,789 | 0 | — | $897.1M | 12.6% | $610.3 |
| Q2 2021 | 1,469,789 | 594,580 | -28.8% | $776.4M | 12.1% | $528.2 |
| Q1 2021 | 2,064,369 | 383,790 | -15.7% | $1.1B | 17.0% | $521.7 |
| Q4 2020 | 2,448,159 | 318,808 | -11.5% | $1.3B | 21.9% | $540.7 |
| Q3 2020 | 2,766,967 | 270,717 | -8.9% | $1.4B | 25.6% | $500.0 |
| Q2 2020 | 3,037,684 | 576,896 | -16.0% | $1.4B | 26.8% | $455.0 |
| Q1 2020 | 3,614,580 | 485,471 | -11.8% | $1.4B | 31.2% | $375.5 |
| Q4 2019 | 4,100,051 | 132,418 | -3.1% | $1.3B | 31.8% | $323.6 |
| Q3 2019 | 4,232,469 | +698,576 | +19.8% | $1.1B | 30.6% | $267.6 |
| Q2 2019 | 3,533,893 | 30,485 | -0.9% | $1.3B | 30.7% | $367.3 |
| Q1 2019 | 3,564,378 | +13,835 | +0.4% | $1.3B | 28.6% | $356.6 |
| Q4 2018 | 3,550,543 | +229,679 | +6.9% | $950.3M | 29.9% | $267.7 |
| Q3 2018 | 3,320,864 | 1,538,939 | -31.7% | $1.2B | 27.2% | $374.1 |
| Q2 2018 | 4,859,803 | 2,315,908 | -32.3% | $1.9B | 35.5% | $391.4 |
| Q1 2018 | 7,175,711 | 893,168 | -11.1% | $2.1B | 41.7% | $295.4 |
| Q4 2017 | 8,068,879 | 2,425,025 | -23.1% | $1.5B | 40.2% | $192.0 |
| Q3 2017 | 10,493,904 | +1,088,322 | +11.6% | $1.9B | 39.3% | $181.3 |
| Q2 2017 | 9,405,582 | 750,956 | -7.4% | $1.4B | 34.0% | $149.4 |
| Q1 2017 | 10,156,538 | 31,162 | -0.3% | $1.5B | 36.0% | $147.8 |
| Q4 2016 | 10,187,700 | 10,473 | -0.1% | $1.3B | 36.4% | $123.8 |
| Q3 2016 | 10,198,173 | 0 | — | $1.0B | 26.5% | $98.5 |
| Q2 2016 | 10,198,173 | — | — | $932.9M | 28.4% | $91.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did SRS Investment Management, LLC first disclose a NFLX position in 13F-HR filings?
SRS Investment Management, LLC first reported NETFLIX INC. (NFLX) on its 13F-HR filing for the period ending 2016-06-30 (Q2 2016). The position has appeared on 40 reported quarters within Pactolio's tracked window.
What was SRS Investment Management, LLC's most recent quarter-over-quarter share-count change in NFLX?
SRS Investment Management, LLC held the same 15,184,530 shares of NFLX between Q4 2025 and Q1 2026 — the reported share count was unchanged quarter-over-quarter.
Does the implied price-per-share represent SRS Investment Management, LLC's cost basis in NFLX?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.