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 +18% over 3 years (-60 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 | — | $191.53 | $105.75 (−45%) | 2026-03-31 |
| NFLX NetFlix Inc | 15.4% | 15.2M | $1.5B | — | $34.55 | $69.19 (+100%) | 2026-03-31 |
| TPR Tapestry, Inc. Common Stock | 7.5% | 5.1M | $713M | — | $72.41 | $114.81 (+59%) | 2026-03-31 |
| NVDA NVIDIA CORP | 4.6% | 2.5M | $436M | ▼ 24% (−800K) | $144.66 | $230.82 (+60%) | 2026-03-31 |
| META Meta Platforms, Inc. Class A Common Stock | 4.3% | 720K | $412M | ▼ 3.2% (−24K) | $258.01 | $732.25 (+184%) | 2026-03-31 |
| BURL BURLINGTON STORES, INC. | 4.0% | 1.2M | $376M | — | $244.14 | $270.43 (+11%) | 2026-03-31 |
| RBLX Roblox Corporation | 3.9% | 6.6M | $373M | ▲ 125% (+3.7M) | $67.08 | $42.46 (−37%) | 2026-03-31 |
| PLNT Planet Fitness, Inc. | 3.8% | 4.9M | $363M | — | $79.00 | $42.39 (−46%) | 2026-03-31 |
| AMD Advanced Micro Devices | 3.1% | 1.4M | $293M | ▼ 12% (−193K) | $190.46 | $616.58 (+224%) | 2026-03-31 |
| CLS Celestica, Inc. | 3.0% | 1.0M | $286M | — | $189.61 | $357.13 (+88%) | 2026-03-31 |
| UAL United Airlines Holdings, Inc. Common Stock | 2.8% | 2.9M | $268M | — | $70.04 | $110.17 (+57%) | 2026-03-31 |
| TWLO Twilio Inc. | 2.7% | 2.1M | $260M | ▲ 14% (+254K) | $73.92 | $292.65 (+296%) | 2026-03-31 |
| CRDO Credo Technology Group Holding Ltd Ordinary Shares | 2.5% | 2.5M | $235M | ▲ 2144% (+2.4M) | $96.10 | $199.70 (+108%) | 2026-03-31 |
| KMX CarMax Inc. | 2.5% | 5.7M | $235M | — | $38.99 | $55.40 (+42%) | 2026-03-31 |
| ABNB Airbnb, Inc. Class A Common Stock | 2.4% | 1.8M | $224M | ▼ 30% (−743K) | $134.51 | $159.94 (+19%) | 2026-03-31 |
| TSM Taiwan Semiconductor Manufac | 1.8% | 510K | $172M | — | $103.58 | $456.19 (+340%) | 2026-03-31 |
| FIVE Five Below, Inc. Common Stock | 1.7% | 723K | $165M | NEW (+723K) | $199.72 | $218.24 (+9%) | 2026-03-31 |
| HUT Hut 8 Corp. Common Stock | 1.5% | 3.1M | $145M | ▲ 7.5% (+215K) | $46.01 | $85.39 (+86%) | 2026-03-31 |
| MDB MongoDB, Inc. Class A | 1.4% | 527K | $129M | — | $175.58 | $347.61 (+98%) | 2026-03-31 |
| SPOT Spotify Technology S.A. | 1.2% | 245K | $119M | ▲ 66% (+97K) | $273.59 | $491.19 (+80%) | 2026-03-31 |
| DAL Delta Air Lines, Inc. | 0.6% | 780K | $52M | ▲ 6.0% (+44K) | $61.30 | $83.35 (+36%) | 2026-03-31 |
| GLBE Global-E Online Ltd. Ordinary Shares | 0.4% | 1.2M | $38M | ▲ 38% (+340K) | $36.41 | $39.94 (+10%) | 2026-03-31 |
| TCOM Trip Com Group Ltd | 0.4% | 758K | $38M | — | $63.55 | $39.13 (−38%) | 2026-03-31 |
| WRBY Warby Parker Inc. | 0.3% | 1.4M | $30M | — | $21.79 | $27.56 (+27%) | 2026-03-31 |
| CMCSA Comcast Corp | 0.3% | 973K | $28M | — | $37.88 | $21.76 (−43%) | 2026-03-31 |
| SNDK Sandisk Corporation Common Stock | 0.2% | 35K | $22M | NEW (+35K) | $635.34 | $1,755.75 (+176%) | 2026-03-31 |
| CPNG Coupang, Inc. | 0.2% | 1.1M | $21M | NEW (+1.1M) | $18.88 | $13.74 (−27%) | 2026-03-31 |
| ELV Elevance Health, Inc. | 0.2% | 60K | $17M | ▼ 59% (−87K) | $519.20 | $387.11 (−25%) | 2026-03-31 |
| HSAI Hesai Group American Depositary Share, each ADS represents one Class B ordinary share | 0.1% | 560K | $11M | — | $22.39 | $16.04 (−28%) | 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?
+18% (13F-replication, price return), -60 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.