Jericho Capital Asset Management 13F, Q1 2024
Josh Resnick · quarter ending 31 March 2024 · filed 15 May 2024 · SEC CIK 1525234
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 28 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| NETFLIX INC | NFLX | $372.29M | 9.9% | new |
| APPLOVIN CORP | APP | $269.31M | 7.2% | +185% shares |
| NUTANIX INC | NTNX | $246.20M | 6.6% | +13% shares |
| NVIDIA CORPORATION | NVDA | $229.58M | 6.1% | -20% shares |
| DRAFTKINGS INC NEW | DKNG | $226.83M | 6.0% | unchanged |
| META PLATFORMS INC | META | $224.75M | 6.0% | -38% shares |
| THE TRADE DESK INC | TTD | $211.50M | 5.6% | +4% shares |
| DOCUSIGN INC | DOCU | $203.54M | 5.4% | +317% shares |
| ELECTRONIC ARTS INC | EA | $189.05M | 5.0% | new |
| LIVE NATION ENTERTAINMENT IN | LYV | $141.73M | 3.8% | -11% shares |
| CADENCE DESIGN SYSTEM INC | CDNS | $133.77M | 3.6% | -20% shares |
| DYNATRACE INC | DT | $133.70M | 3.6% | new |
| SPHERE ENTERTAINMENT CO | SPHR | $124.80M | 3.3% | +4% shares |
| ROBLOX CORP | RBLX | $120.14M | 3.2% | +5% shares |
| ASML HOLDING N V | $113.54M | 3.0% | new | |
| LIBERTY MEDIA CORP DEL | FWONK | $112.54M | 3.0% | +12% shares |
| BROADCOM INC | AVGO | $111.33M | 3.0% | new |
| SALESFORCE INC | CRM | $106.02M | 2.8% | +47% shares |
| MADISON SQUARE GARDEN ENTMT | MSGE | $96.68M | 2.6% | +7% shares |
| HASHICORP INC | $89.98M | 2.4% | +53% shares | |
| SHARKNINJA INC | $62.31M | 1.7% | new | |
| UNITED STATES CELLULAR CORP | AD | $58.14M | 1.6% | +13% shares |
| DOUBLEVERIFY HLDGS INC | DV | $53.58M | 1.4% | new |
| INFORMATICA INC | $52.05M | 1.4% | new | |
| MERCADOLIBRE INC | MELI | $26.28M | 0.7% | new |
What changed since Q4 2023
Against the Q4 2023 filing, Jericho Capital Asset Management opened 11 new positions, added to 11, trimmed 4, left 2 unchanged and exited 10. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
- NFLX$372.29M
- EA$189.05M
- DT$133.70M
- ASML HOLDING N V$113.54M
- AVGO$111.33M
- SHARKNINJA INC$62.31M
- DV$53.58M
- INFORMATICA INC$52.05M
and 3 more
Exited
- TMUSwas $295.99M
- AKAMwas $283.46M
- SPLUNK INCwas $212.38M
- KVUEwas $147.00M
- ALTERYX INCwas $123.33M
- GOOGLwas $122.93M
- 8QRwas $78.48M
- VRTwas $52.51M
and 2 more
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-24-002481, filed by Jericho Capital Asset Management L.P.. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.