Kerrisdale Partners Gains 5.8% in May, Extends 2026 Run to +30.1% With AI Longs The Key Drivers

Kerrisdale Partners, L.P. returned +5.8% net in May 2026, a fourth winning month in the year’s first five and enough to lift the hedge fund’s year-to-date net return to +30.1%. The S&P 500 returned +6.0% over the same stretch, leaving Sahm Adrangi’s fund roughly 24 points ahead of the index through five months, according to an email to investors reviewed by Hedge Fund Alpha.

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The start already ranks among the firm’s best in a decade. A full-year reading near +30% would top the +26.1% Kerrisdale booked in 2025 and...