Jericho Capital Asset Management L.P. 13F annual report
Jericho Capital Asset Management L.P. is an investment fund managing more than $3.75 trillion ran by Josh Resnick. There are currently 27 companies in Mr. Resnick’s portfolio. The largest investments include Netflix and Applovin Corp, together worth $642 billion.
$3.75 trillion Assets Under Management (AUM)
As of 8th May 2024, Jericho Capital Asset Management L.P.’s top holding is 613,000 shares of Netflix currently worth over $372 billion and making up 9.9% of the portfolio value.
Relative to the number of outstanding shares of Netflix, Jericho Capital Asset Management L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 3,890,567 shares of Applovin Corp worth $269 billion.
The third-largest holding is Nutanix Inc worth $246 billion and the next is NVIDIA Corp worth $230 billion, with 254,079 shares owned.
Currently, Jericho Capital Asset Management L.P.'s portfolio is worth at least $3.75 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Jericho Capital Asset Management L.P.
The Jericho Capital Asset Management L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Josh Resnick serves as the Managing Member at Jericho Capital Asset Management L.P..
Recent trades
In the most recent 13F filing, Jericho Capital Asset Management L.P. revealed that it had opened a new position in
Netflix and bought 613,000 shares worth $372 billion.
This means they effectively own approximately 0.1% of the company.
Netflix makes up
46.0%
of the fund's Communication Services sector allocation and has grown its share price by 82.7% in the past year.
The investment fund also strengthened its position in Electronic Arts by buying
1,158,000 additional shares.
This makes their stake in Electronic Arts total 1,425,000 shares worth $189 billion.
Electronic Arts soared 1.4% in the past year.
On the other hand, there are companies that Jericho Capital Asset Management L.P. is getting rid of from its portfolio.
Jericho Capital Asset Management L.P. closed its position in Alibaba Group Hldg Ltd on 15th May 2024.
It sold the previously owned 1,485,487 shares for $169 million.
One of the largest hedge funds
The two most similar investment funds to Jericho Capital Asset Management L.P. are Foundations Investment Advisors and Marathon Asset Management Ltd. They manage $3.75 trillion and $3.75 trillion respectively.
Josh Resnick investment strategy
Jericho Capital Asset Management L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 42.5% of
the total portfolio value.
The fund focuses on investments in the United States as
66.7% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
41% of the total holdings value.
On the other hand, small-cap stocks make up only 7.4% of the portfolio.
The average market cap of the portfolio companies is close to $73.9 billion.
The complete list of Jericho Capital Asset Management L.P. trades based on 13F SEC filings
These positions were updated on May 15th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Netflix Inc. |
Opened
613,000
|
$372,293,290,000 | 9.93% |
| Applovin Corp |
Opened
3,890,567
|
$269,305,048,000 | 7.19% |
| Nutanix Inc |
Opened
3,988,923
|
$246,196,328,000 | 6.57% |
| NVIDIA Corp |
Opened
254,079
|
$229,575,621,000 | 6.13% |
| DraftKings Inc. |
Opened
4,995,153
|
$226,829,898,000 | 6.05% |
| Meta Platforms Inc |
Opened
462,858
|
$224,754,588,000 | 6.00% |
| Trade Desk Inc |
Opened
2,419,355
|
$211,500,014,000 | 5.64% |
| DocuSign Inc |
Opened
3,417,908
|
$203,536,421,000 | 5.43% |
| Electronic Arts, Inc. |
433.71%
1,425,000
|
$189,054,750,000 | 5.04% |
| Live Nation Entertainment In |
Opened
1,340,000
|
$141,731,800,000 | 3.78% |
| Cadence Design System Inc |
Opened
429,743
|
$133,770,401,000 | 3.57% |
| Dynatrace Inc |
Opened
2,879,000
|
$133,700,760,000 | 3.57% |
| Sphere Entertainment Co |
Opened
2,542,865
|
$124,803,814,000 | 3.33% |
| Roblox Corporation |
Opened
3,146,686
|
$120,140,471,000 | 3.21% |
| Asml Holding N V |
Opened
117,000
|
$113,544,990,000 | 3.03% |
| Liberty Media Corp. |
Opened
1,715,513
|
$112,537,653,000 | 3.00% |
| Broadcom Inc. |
Opened
84,000
|
$111,334,440,000 | 2.97% |
| Salesforce Inc |
Opened
352,000
|
$106,015,360,000 | 2.83% |
| Madison Square Garden Entmt |
Opened
2,465,724
|
$96,681,038,000 | 2.58% |
| Hashicorp Inc |
Opened
3,338,951
|
$89,984,729,000 | 2.40% |
| Sharkninja Inc |
Opened
1,000,300
|
$62,308,687,000 | 1.66% |
| United States Cellular Corporation |
Opened
1,592,792
|
$58,136,908,000 | 1.55% |
| DoubleVerify Holdings, Inc. |
Opened
1,524,000
|
$53,583,840,000 | 1.43% |
| Informatica Inc. |
Opened
1,487,000
|
$52,045,000,000 | 1.39% |
| MercadoLibre Inc |
Opened
17,384
|
$26,283,913,000 | 0.70% |
| Sprout Social, Inc. |
Opened
374,000
|
$22,331,540,000 | 0.60% |
| Cinemark Holdings Inc |
Opened
889,000
|
$15,975,330,000 | 0.43% |
| Alibaba Group Hldg Ltd |
Closed
1,485,487
|
$168,870,000 | |
| Li Auto Inc. |
Closed
3,138,407
|
$120,232,000 | |
| Las Vegas Sands Corp |
Closed
3,577,000
|
$120,151,000 | |
| Amazon.com Inc. |
Closed
1,100,000
|
$116,831,000 | |
| Elastic N.V |
Closed
1,617,037
|
$109,425,000 | |
| Nxp Semiconductors N V |
Closed
656,000
|
$97,108,000 | |
| Check Point Software Tech Lt |
Closed
747,889
|
$91,078,000 | |
| ServiceNow Inc |
Closed
182,000
|
$86,545,000 | |
| Kanzhun Limited |
Closed
3,254,882
|
$85,538,000 | |
| Palo Alto Networks Inc |
Closed
135,577
|
$66,967,000 | |
| Datadog Inc |
Closed
628,147
|
$59,825,000 | |
| Endeavor Group Hldgs Inc |
Closed
2,896,697
|
$59,556,000 | |
| Monday Com Ltd |
Closed
577,054
|
$59,529,000 | |
| Advanced Micro Devices Inc. |
Closed
775,239
|
$59,283,000 | |
| Sea Ltd |
Closed
651,000
|
$43,526,000 | |
| KE Holdings Inc. |
Closed
2,373,850
|
$42,611,000 | |
| Conx Corp |
Closed
4,000,000
|
$39,540,000 | |
| Caesars Entertainment Inc Ne |
Closed
1,002,000
|
$38,377,000 | |
| JFrog Ltd |
Closed
1,275,000
|
$26,864,000 | |
| Braze Inc |
Closed
688,380
|
$24,940,000 | |
| JD.com Inc |
Closed
383,214
|
$24,610,000 | |
| Lead Edge Growth Oprtunts Lt |
Closed
1,500,000
|
$14,685,000 | |
| NIO Inc |
Closed
243,000
|
$5,278,000 | |
| No transactions found | |||
| Showing first 500 out of 50 holdings | |||
Hedge funds similar to Jericho Capital Asset Management L.P.
- Miracle Mile Advisors
- Bank Pictet & Cie (europe) Ag
- Engineers Gate Manager L.P.
- Brave Warrior Advisors
- Auto-owners Insurance Co
- Armistice Capital
- Summit Trail Advisors
- Foundations Investment Advisors
- Marathon Asset Management Ltd
- Ancora Advisors
- Scs Capital Management
- Channing Capital Management
- Mission Wealth Management, L.P.
- Shapiro Capital Management