SRS Investment Management, LLC Buys Walt Disney Co, Broadcom Inc, L Brands Inc, Sells Netflix Inc, Twenty-First Century Fox Inc, Fiat Chrysler Automobiles NV

• New Purchases: AVGO, LB, AAP, FL, CTRP, ADT,
• Added Positions: DIS, ADSK,
• Reduced Positions: NFLX, FOXA, FCAU, SYMC, TRIP, IQ,

For the details of SRS Investment Management, LLC's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=SRS+Investment+Management%2C+LLC

1. Netflix Inc (NFLX) - 4,859,803 shares, 35.48% of the total portfolio. Shares reduced by 32.27%
2. Walt Disney Co (DIS) - 6,677,890 shares, 13.05% of the total portfolio. Shares added by 152.71%
3. Facebook Inc (FB) - 3,132,481 shares, 11.35% of the total portfolio.
4. Avis Budget Group Inc (CAR) - 12,000,000 shares, 7.27% of the total portfolio.
5. Broadcom Inc (AVGO) - 1,250,400 shares, 5.66% of the total portfolio. New Position

SRS Investment Management, LLC initiated holding in Broadcom Inc. The purchase prices were between $225.25 and $270.23, with an estimated average price of $245.06. The stock is now traded at around $206.58. The impact to a portfolio due to this purchase was 5.66%. The holding were 1,250,400 shares as of 2018-06-30.

SRS Investment Management, LLC initiated holding in L Brands Inc. The purchase prices were between $31.68 and $38.73, with an estimated average price of $35.75. The stock is now traded at around $31.89. The impact to a portfolio due to this purchase was 2.27%. The holding were 3,298,152 shares as of 2018-06-30.

SRS Investment Management, LLC initiated holding in Advance Auto Parts Inc. The purchase prices were between $103.76 and $139.5, with an estimated average price of $121.4. The stock is now traded at around $158.03. The impact to a portfolio due to this purchase was 1.88%. The holding were 744,622 shares as of 2018-06-30.

SRS Investment Management, LLC initiated holding in Foot Locker Inc. The purchase prices were between $40.52 and $58.92, with an estimated average price of $48.31. The stock is now traded at around $48.35. The impact to a portfolio due to this purchase was 1.19%. The holding were 1,211,203 shares as of 2018-06-30.

SRS Investment Management, LLC initiated holding in Ctrip.com International Ltd. The purchase prices were between $40.5 and $51.72, with an estimated average price of $45.21. The stock is now traded at around $38.30. The impact to a portfolio due to this purchase was 0.32%. The holding were 358,845 shares as of 2018-06-30.

SRS Investment Management, LLC initiated holding in ADT Inc. The purchase prices were between $7 and $9.56, with an estimated average price of $8.31. The stock is now traded at around $8.73. The impact to a portfolio due to this purchase was 0.23%. The holding were 1,409,732 shares as of 2018-06-30.

SRS Investment Management, LLC added to a holding in Walt Disney Co by 152.71%. The purchase prices were between $98.66 and $108.85, with an estimated average price of $102.31. The stock is now traded at around $112.85. The impact to a portfolio due to this purchase was 7.89%. The holding were 6,677,890 shares as of 2018-06-30.

SRS Investment Management, LLC added to a holding in Autodesk Inc by 1092.71%. The purchase prices were between $122.75 and $141.26, with an estimated average price of $132.53. The stock is now traded at around $131.05. The impact to a portfolio due to this purchase was 1.76%. The holding were 786,557 shares as of 2018-06-30.

SRS Investment Management, LLC reduced to a holding in Netflix Inc by 32.27%. The sale prices were between $280.29 and $416.76, with an estimated average price of $340.73. The stock is now traded at around $326.40. The impact to a portfolio due to this sale was -14.28%. SRS Investment Management, LLC still held 4,859,803 shares as of 2018-06-30.

SRS Investment Management, LLC reduced to a holding in Twenty-First Century Fox Inc by 69.33%. The sale prices were between $35.69 and $49.79, with an estimated average price of $39.52. The stock is now traded at around $45.34. The impact to a portfolio due to this sale was -6.09%. SRS Investment Management, LLC still held 3,514,350 shares as of 2018-06-30.

SRS Investment Management, LLC reduced to a holding in Fiat Chrysler Automobiles NV by 48.16%. The sale prices were between $18.65 and $24.29, with an estimated average price of $21.89. The stock is now traded at around $15.61. The impact to a portfolio due to this sale was -2.11%. SRS Investment Management, LLC still held 5,297,037 shares as of 2018-06-30.

SRS Investment Management, LLC reduced to a holding in Symantec Corp by 49.73%. The sale prices were between $19.52 and $29.18, with an estimated average price of $23.97. The stock is now traded at around $18.55. The impact to a portfolio due to this sale was -0.74%. SRS Investment Management, LLC still held 1,375,125 shares as of 2018-06-30.