Karthik Sarma
Karthik Sarma's SRS Investment Management, LLC holds 29 U.S.-equity positions worth $9.5B (SEC 13F, Q1 2026). Top positions: Avis Budget Group, Inc. 26.9%, NetFlix Inc 15.4%, Tapestry, Inc. Common Stock 7.5%. 13F-replication return is +80% over 3 years (+8 pts vs the S&P 500) — a replicated, non-audited figure.
Holdings
| Stock | % of portfolio | Shares | Value | Latest activity | Avg buy price | Current price | Date |
|---|---|---|---|---|---|---|---|
| CAR Avis Budget Group, Inc. | 26.9% | 17.4M | $2.5B | — | $194.80 | $186.28 (−4%) | 2026-03-31 |
| NFLX NetFlix Inc | 15.4% | 15.2M | $1.5B | — | $345.48 | $72.88 (−79%) | 2026-03-31 |
| TPR Tapestry, Inc. Common Stock | 7.5% | 5.1M | $713M | — | $70.41 | $149.20 (+112%) | 2026-03-31 |
| NVDA NVIDIA CORP | 4.6% | 2.5M | $436M | ▼ 24% (−800K) | $423.02 | $208.65 (−51%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 4.3% | 720K | $412M | ▼ 3.2% (−24K) | $211.94 | $563.85 (+166%) | 2026-03-31 |
| BURL BURLINGTON STORES, INC. | 4.0% | 1.2M | $376M | — | $232.19 | $340.27 (+47%) | 2026-03-31 |
| RBLX Roblox Corporation | 3.9% | 6.6M | $373M | ▲ 125% (+3.7M) | $44.98 | $47.27 (+5%) | 2026-03-31 |
| PLNT Planet Fitness, Inc. | 3.8% | 4.9M | $363M | — | $77.67 | $51.06 (−34%) | 2026-03-31 |
| AMD Advanced Micro Devices | 3.1% | 1.4M | $293M | ▼ 12% (−193K) | $180.49 | $551.63 (+206%) | 2026-03-31 |
| CLS Celestica, Inc. | 3.0% | 1.0M | $286M | — | $156.11 | $376.84 (+141%) | 2026-03-31 |
| UAL United Airlines Holdings, Inc. Common Stock | 2.8% | 2.9M | $268M | — | $48.66 | $118.68 (+144%) | 2026-03-31 |
| TWLO Twilio Inc. | 2.7% | 2.1M | $260M | ▲ 14% (+254K) | $66.63 | $183.64 (+176%) | 2026-03-31 |
| CRDO Credo Technology Group Holding Ltd Ordinary Shares | 2.5% | 2.5M | $235M | ▲ 2144% (+2.4M) | $143.89 | $302.52 (+110%) | 2026-03-31 |
| KMX CarMax Inc. | 2.5% | 5.7M | $235M | — | $44.87 | $52.40 (+17%) | 2026-03-31 |
| ABNB Airbnb, Inc. Class A Common Stock | 2.4% | 1.8M | $224M | ▼ 30% (−743K) | $124.40 | $139.19 (+12%) | 2026-03-31 |
| TSM Taiwan Semiconductor Manufac | 1.8% | 510K | $172M | — | $100.92 | $467.67 (+363%) | 2026-03-31 |
| FIVE Five Below, Inc. Common Stock | 1.7% | 723K | $165M | NEW (+723K) | $88.35 | $193.45 (+119%) | 2026-03-31 |
| HUT Hut 8 Corp. Common Stock | 1.5% | 3.1M | $145M | ▲ 7.5% (+215K) | $45.94 | $121.04 (+163%) | 2026-03-31 |
| MDB MongoDB, Inc. Class A | 1.4% | 527K | $129M | — | $175.40 | $319.16 (+82%) | 2026-03-31 |
| SPOT Spotify Technology S.A. | 1.2% | 245K | $119M | ▲ 66% (+97K) | $133.62 | $459.34 (+244%) | 2026-03-31 |
| DAL Delta Air Lines, Inc. | 0.6% | 780K | $52M | ▲ 6.0% (+44K) | $56.75 | $85.92 (+51%) | 2026-03-31 |
| GLBE Global-E Online Ltd. Ordinary Shares | 0.4% | 1.2M | $38M | ▲ 38% (+340K) | $39.63 | $31.51 (−20%) | 2026-03-31 |
| TCOM Trip Com Group Ltd | 0.4% | 758K | $38M | — | $63.58 | $46.42 (−27%) | 2026-03-31 |
| WRBY Warby Parker Inc. | 0.3% | 1.4M | $30M | — | $21.79 | $26.99 (+24%) | 2026-03-31 |
| CMCSA Comcast Corp | 0.3% | 973K | $28M | — | $37.91 | $22.32 (−41%) | 2026-03-31 |
| SNDK Sandisk Corporation Common Stock | 0.2% | 35K | $22M | NEW (+35K) | $635.34 | $2,273.73 (+258%) | 2026-03-31 |
| CPNG Coupang, Inc. | 0.2% | 1.1M | $21M | NEW (+1.1M) | $18.88 | $17.31 (−8%) | 2026-03-31 |
| ELV Elevance Health, Inc. | 0.2% | 60K | $17M | ▼ 59% (−87K) | $520.00 | $394.82 (−24%) | 2026-03-31 |
| HSAI Hesai Group American Depositary Share, each ADS represents one Class B ordinary share | 0.1% | 560K | $11M | — | $22.40 | $16.34 (−27%) | 2026-03-31 |
FAQ ▾
What are Karthik Sarma's largest holdings?
As of the latest 13F: Avis Budget Group, Inc. 26.9%, NetFlix Inc 15.4%, Tapestry, Inc. Common Stock 7.5%, NVIDIA CORP 4.6%, Meta Platforms, Inc. Class A Common Stock 4.3%.
How big is SRS Investment Management, LLC's 13F portfolio?
$9.5B across 29 disclosed U.S.-equity positions.
What is Karthik Sarma's 3-year performance?
+80% (13F-replication, price return), +8 pts vs the S&P 500. Not an audited fund return.
Where does this data come from?
U.S. SEC Form 13F-HR institutional holdings filings.
Sourced from SEC Form 13F-HR filings · Not investment advice ▾
Latest activity = change vs. the prior 13F. Avg buy price = est. entry over the trailing 3 years (gain = vs. latest price). Returns are 13F-replication, not audited fund returns. Sourced from SEC 13F filings.