Jerash Holdings (US)
JRSH on Nasdaq. Market value $77m.
Should I look at this?
We have not checked this company yet
This is not advice.
Who owns it
None of the long-term investors we follow own it. 26 funds in all.
Largest holders overall
- Renaissance Technologies$1mAdded
- Marshall Wace, LLP$1mNew
- Vanguard Capital Management$976,040Added
- HRT Financial LP$782,000New
- Dimensional Fund Advisors LP$493,324Added
- Arrowstreet Capital, Limited Partnership$490,048Cut
- Geode Capital Management$314,146Added
- Citadel Advisors$236,137Cut
- Access Investment Management$216,691
- Quadrature Capital$211,813New
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
1 investor owns more than 5%.
- Ng Tsze LunPassive investor7.9%Since 31 December 2025
| Holder | Stake | Since | |
|---|---|---|---|
Ng Tsze Lun Passive investor | 7.9% | 31 December 2025 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 1 sold $1,328.
- Lee Gilbert K.Chief Financial OfficerSold
- Date
- 21 April 2026
- Shares
- 400
- Price
- $3.32
- Value
- $1,328
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 21 April 2026 | Lee Gilbert K. Chief Financial Officer | Sold | 400 | $3.32 | $1,328 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
None of the serious warning signs we check for were found. 1 thing worth knowing.
We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.
We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 18 Jun 2026, plus the 10-Q filed 12 Aug 2026 and 4 later 8-Ks.
One big customer
Worth knowingOne customer brings in a big share of sales: 52% last year. Losing that customer would hurt.
“Approximately 52% and 65% of our sales in fiscal 2026 and 2025 were derived from the sale of manufactured products to VF Corporation, respectively.”
From the 10-K filed 18 June 2026, Item 1. Business. Read it in the filing
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.