Kerrisdale Capital, led by Sahm Adrangi, made its latest 13F filing in which it also revealed its top three equity picks. AMERCO (NASDAQ:UHAL), Jones Lang LaSalle Inc (NYSE:JLL) and SS and C Technologies Holdings Inc (NASDAQ:SSNC) closed the list its best three stocks. Kerrisdale Capital also updated on its equity portfolio value as of the end of the third quarter of 2014. The fund revealed a little over $184 million in portfolio value. That signaled a significant decline given that it had more than $209.8 million in portfolio value in the previous filing.
AMERCO (NASDAQ:UHAL) ranks as Kerrisdale Capital’s top-most equity choice by portfolio value. The fund held 93,285 shares in the $5.5 billion moving and storage operator at the end of the third quarter of 2014. Kerrisdale Capital slightly increased its exposure to the stock during the latest quarter as it owned 93,137 shares in the previous report. The new equity position in AMERCO (NASDAQ:UHAL) is valued above $24 million.
Iszo Capital, run by Brian Sheehy, owned 48,786 shares in AMERCO (NASDAQ:UHAL) at the end of the second quarter 2014.
Jones Lang LaSalle Inc (NYSE:JLL) is Kerrisdale Capital’s second-best equity pick. The fund owned 154,576 shares there, which carried an estimated value of $19.5 million. Kerrisdale Capital’s narrowed its exposure to the equity of Jones Lang LaSalle Inc (NYSE:JLL) during the third quarter of 2014. It had 172,329 shares in the previous filing.
Jones Lang LaSalle Inc (NYSE:JLL) has witnessed a number of insider selling this year. CEO, Colin Dyer, offloaded 4,500 shares at the start of this month.
SS and C Technologies Holdings Inc (NASDAQ:SSNC) closed Kerrisdale Capital’s top three best picks for the third quarter of 2014. The fund owned 324,231 shares in the $4.2 billion financial software provider. That signaled a significant improvement from the previous report. Kerrisdale Capital held 158,700 shares in SS and C Technologies Holdings Inc (NASDAQ:SSNC) at the end of the second quarter of 2014. The new position in the stock was valued above $14 million in the latest report.
Waratah Capital Advisors, led by Brad Dunkley and Blair Levinsky, initiated a position in SS and C Technologies Holdings Inc (NASDAQ:SSNC) in the second quarter of 2014. The fund acquired 290,882 shares in the company.
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