Sahm Adrangi's portfolio
In the Q2 2026 13F, filed August 14, 2026, Kerrisdale Capital Management reported 114 US stock positions worth $399M. The largest was Regal Rexnord (RRX) at 27.6% of the portfolio. New positions: Forgent Power Solutions (FPS), Akamai Technologies (AKAM) and Illumina (ILMN). Added to: Regal Rexnord (RRX) and Belden (BDC). The Q3 2026 13F is due by November 14, 2026.
What changed in Q2 2026
Compared with the previous 13F. Values are as reported at quarter end. How to read a 13F.
New positions
- Forgent Power SolutionsFPS$7M
- Akamai TechnologiesAKAM$6M
- IlluminaILMN$4M
- ZoetisZTS$3M
- SPDR® Gold SharesGLD$2M
- Lululemon AthleticaLULU$2M
- Lockheed MartinLMT$2M
- Api GroupAPG$1M
- KlaviyoKVYO$1M
- SCHMID GroupSHMD$1M
Added to
- Regal RexnordRRX$110M
- BeldenBDC$17M
- AzentaAZTA$7M
- PoolPOOL$7M
- IPG PhotonicsIPGP$5M
- Cenovus EnergyCVE$4M
- AmrizeAMRZ$3M
- Eaton CorporationETN$3M
- ADEIA CORPADEA$3M
- Solstice Advanced MaterialsSOLS$3M
Trimmed
- Amazon.comAMZN$13M
- Sotera HealthSHC$11M
- AlphabetGOOGL$9M
- Skyworks SolutionsSWKS$8M
- Acm ResearchACMR$8M
- Union PacificUNP$5M
- SynopsysSNPS$3M
- MaplebearCART$3M
- MicrosoftMSFT$3M
- Grupo CibestCIB$3M
Sold out
None this quarter.
Holdings
114 US-listed positions in the Q2 2026 13F, largest first (top 50 shown; all of them in Investingly).
| Stock | % of portfolio | Value | Shares | Last quarter |
|---|---|---|---|---|
| Regal RexnordRRX | 27.64% | $110M | 463,295 | Added |
| VisaV | 4.30% | $17M | 50,031 | Held |
| BeldenBDC | 4.29% | $17M | 143,000 | Added |
| MercadoLibreMELI | 3.71% | $15M | 8,724 | Held |
| Amazon.comAMZN | 3.34% | $13M | 55,891 | Trimmed |
| Sotera HealthSHC | 2.66% | $11M | 599,249 | Trimmed |
| AlphabetGOOGL | 2.27% | $9M | 25,412 | Trimmed |
| Skyworks SolutionsSWKS | 2.10% | $8M | 123,340 | Trimmed |
| Acm ResearchACMR | 1.99% | $8M | 62,570 | Trimmed |
| AzentaAZTA | 1.86% | $7M | 290,682 | Added |
| U-Haul Holding Co-Non VotingUHAL/B | 1.84% | $7M | 127,232 | Held |
| PoolPOOL | 1.82% | $7M | 33,795 | Added |
| SyscoSYY | 1.75% | $7M | 83,476 | Held |
| Forgent Power SolutionsFPS | 1.63% | $7M | 116,572 | New |
| Akamai TechnologiesAKAM | 1.54% | $6M | 51,985 | New |
| Telephone & Data Sys | 1.52% | $6M | 163,758 | Held |
| Union PacificUNP | 1.29% | $5M | 18,952 | Trimmed |
| IPG PhotonicsIPGP | 1.22% | $5M | 41,450 | Added |
| DoubleVerifyDV | 1.08% | $4M | 398,439 | Held |
| IlluminaILMN | 0.97% | $4M | 22,085 | New |
| Cenovus EnergyCVE | 0.88% | $4M | 141,350 | Added |
| AmrizeAMRZ | 0.86% | $3M | 64,720 | Added |
| Eaton CorporationETN | 0.83% | $3M | 7,817 | Added |
| SynopsysSNPS | 0.83% | $3M | 7,466 | Trimmed |
| KenvueKVUE | 0.82% | $3M | 170,807 | Held |
| MaplebearCART | 0.77% | $3M | 65,106 | Trimmed |
| ZoetisZTS | 0.76% | $3M | 42,000 | New |
| MicrosoftMSFT | 0.75% | $3M | 8,062 | Trimmed |
| DiageoDEO | 0.69% | $3M | 34,233 | Held |
| Zoom Communications | 0.69% | $3M | 31,869 | Held |
| Grupo CibestCIB | 0.67% | $3M | 33,840 | Trimmed |
| ADEIA CORPADEA | 0.64% | $3M | 77,055 | Added |
| Nokia | 0.64% | $3M | 190,965 | Held |
| Solstice Advanced MaterialsSOLS | 0.63% | $3M | 28,465 | Added |
| StrideLRN | 0.63% | $3M | 29,049 | Trimmed |
| AppfolioAPPF | 0.56% | $2M | 13,904 | Trimmed |
| SPDR® Gold SharesGLD | 0.55% | $2M | 5,950 | New |
| UnitedHealth GroupUNH | 0.53% | $2M | 5,131 | Trimmed |
| Lululemon AthleticaLULU | 0.48% | $2M | 16,905 | New |
| DynatraceDT | 0.46% | $2M | 42,205 | Added |
| Petroleo Brasileiro PetrobrasPBR | 0.45% | $2M | 111,126 | Held |
| FiservFISV | 0.44% | $2M | 35,815 | Added |
| Establishment Labs Hldgs | 0.44% | $2M | 20,390 | Held |
| CactusWHD | 0.43% | $2M | 33,770 | Added |
| Hudson Technologies | 0.43% | $2M | 299,976 | Held |
| Westinghouse Air Brake TechnologiesWAB | 0.43% | $2M | 6,360 | Trimmed |
| Marvell Technology GroupMRVL | 0.42% | $2M | 5,636 | Trimmed |
| Lockheed MartinLMT | 0.41% | $2M | 3,180 | New |
| EndavaDAVA | 0.40% | $2M | 567,416 | Held |
| Limbach Hldgs | 0.40% | $2M | 20,510 | Held |
By sector
Share of the reported value.
Reported value over time
Total 13F value at each quarter end.
Questions
What stocks does Sahm Adrangi own?
In the Q2 2026 13F, Kerrisdale Capital Management reported 114 US stock positions worth $399M. The largest: Regal Rexnord (RRX) 27.6%, Visa (V) 4.3%, Belden (BDC) 4.3%, MercadoLibre (MELI) 3.7%, Amazon.com (AMZN) 3.3%.
What did Sahm Adrangi buy last quarter?
In Q2 2026: new position in Forgent Power Solutions (FPS); new position in Akamai Technologies (AKAM); new position in Illumina (ILMN); added to Regal Rexnord (RRX); added to Belden (BDC); added to Azenta (AZTA).
What did Sahm Adrangi sell last quarter?
In Q2 2026: cut Amazon.com (AMZN); cut Sotera Health (SHC); cut Alphabet (GOOGL).
When is Sahm Adrangi's next 13F?
13F filings are due 45 days after each quarter ends. The Q3 2026 filing is due by November 14, 2026.
More investors
13F filings list US-listed long positions (and some options) held at quarter end. They leave out short positions, cash, bonds and non-US holdings, and arrive up to 45 days after the quarter ends, so the investor may have traded since. Information only, not investment advice.