Latest Jericho Capital Asset Management L.P. Stock Portfolio
$3.32Billion– No. of Holdings #22
Jericho Capital Asset Management L.P. Performance:
2024 Q2: 2.07%YTD: 16.38%2023: 43.84%
Performance for 2024 Q2 is 2.07%, and YTD is 16.38%, and 2023 is 43.84%.
About Jericho Capital Asset Management L.P. and 13F Hedge Fund Stock Holdings
Jericho Capital Asset Management L.P. is a hedge fund based in NEW YORK, NY. On 31-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $3.8 Billions. In it's latest 13F Holdings report, Jericho Capital Asset Management L.P. reported an equity portfolio of $3.3 Billions as of 30 Jun, 2024.
The top stock holdings of Jericho Capital Asset Management L.P. are NVDA, APP, NFLX. The fund has invested 9.4% of it's portfolio in NVIDIA CORPORATION and 8.3% of portfolio in APPLOVIN CORP.
The fund managers got completely rid off ELECTRONIC ARTS INC (EA), CADENCE DESIGN SYSTEM INC (CDNS) and ROBLOX CORP (RBLX) stocks. They significantly reduced their stock positions in LIBERTY MEDIA CORP DEL (BATRA), NETFLIX INC (NFLX) and ASML HOLDING N V. Jericho Capital Asset Management L.P. opened new stock positions in TAIWAN SEMICONDUCTOR MFG LTD (TSM), ROBINHOOD MKTS INC (HOOD) and NU HLDGS LTD (NU). The fund showed a lot of confidence in some stocks as they added substantially to DOUBLEVERIFY HLDGS INC (DV), LIVE NATION ENTERTAINMENT IN (LYV) and DYNATRACE INC (DT).
The top stock holdings of Jericho Capital Asset Management L.P. are NVDA, APP, NFLX. The fund has invested 9.4% of it's portfolio in NVIDIA CORPORATION and 8.3% of portfolio in APPLOVIN CORP.
The fund managers got completely rid off ELECTRONIC ARTS INC (EA), CADENCE DESIGN SYSTEM INC (CDNS) and ROBLOX CORP (RBLX) stocks. They significantly reduced their stock positions in LIBERTY MEDIA CORP DEL (BATRA), NETFLIX INC (NFLX) and ASML HOLDING N V. Jericho Capital Asset Management L.P. opened new stock positions in TAIWAN SEMICONDUCTOR MFG LTD (TSM), ROBINHOOD MKTS INC (HOOD) and NU HLDGS LTD (NU). The fund showed a lot of confidence in some stocks as they added substantially to DOUBLEVERIFY HLDGS INC (DV), LIVE NATION ENTERTAINMENT IN (LYV) and DYNATRACE INC (DT).
Jericho Capital Asset Management L.P. Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Jericho Capital Asset Management L.P. Annual Return Estimates Vs S&P 500
Our best estimate is that Jericho Capital Asset Management L.P. made a return of 2.07% in the last quarter. In trailing 12 months, it's portfolio return was 34.34%.
New Buys
| Ticker | $ Bought |
|---|---|
| taiwan semiconductor mfg ltd | 170,183,000 |
| robinhood mkts inc | 63,451,700 |
| nu hldgs ltd | 56,574,200 |
| okta inc | 12,341,200 |
New stocks bought by Jericho Capital Asset Management L.P.
Additions
| Ticker | % Inc. |
|---|---|
| doubleverify hldgs inc | 100 |
| live nation entertainment in | 85.31 |
| dynatrace inc | 75.07 |
| informatica inc | 46.92 |
| united states cellular corp | 11.8 |
| meta platforms inc | 10.8 |
Additions to existing portfolio by Jericho Capital Asset Management L.P.
Reductions
| Ticker | % Reduced |
|---|---|
| liberty media corp del | -57.24 |
| netflix inc | -34.75 |
| asml holding n v | -29.06 |
| applovin corp | -14.36 |
| draftkings inc new | -3.02 |
Jericho Capital Asset Management L.P. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| hashicorp inc | -89,984,700 |
| roblox corp | -120,140,000 |
| electronic arts inc | -189,055,000 |
| conx corp | -199,900 |
| cinemark hldgs inc | -15,975,300 |
| broadcom inc | -111,334,000 |
| cadence design system inc | -133,770,000 |
| sprout social inc | -22,331,500 |
Jericho Capital Asset Management L.P. got rid off the above stocks
Sector Distribution
Jericho Capital Asset Management L.P. has about 50.1% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 50.1 |
| Communication Services | 25.9 |
| Others | 13.2 |
| Consumer Cyclical | 10.8 |
Market Cap. Distribution
Jericho Capital Asset Management L.P. has about 74.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 49.4 |
| MEGA-CAP | 25.3 |
| UNALLOCATED | 13.2 |
| MID-CAP | 6.8 |
| SMALL-CAP | 5.2 |
Stocks belong to which Index?
About 39.1% of the stocks held by Jericho Capital Asset Management L.P. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 60.8 |
| S&P 500 | 32.3 |
| RUSSELL 2000 | 6.8 |
Jericho Capital Asset Management L.P. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Jericho Capital Asset Management L.P.
Jericho Capital Asset Management L.P. has 22 stocks in it's portfolio. About 72.5% of the portfolio is in top 10 stocks. MSGE proved to be the most loss making stock for the portfolio. NVDA was the most profitable stock for Jericho Capital Asset Management L.P. last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| APP | applovin corp | 8.34 | 3,331,790 | 277,272,000 | reduced | -14.36 | ||
| AVGO | broadcom inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BATRA | liberty media corp del | 1.58 | 733,513 | 52,695,600 | reduced | -57.24 | ||
| CDNS | cadence design system inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CNK | cinemark hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CONX | conx corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CRM | salesforce inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| DKNG | draftkings inc new | 5.56 | 4,844,490 | 184,914,000 | reduced | -3.02 | ||
| DOCU | docusign inc | 5.50 | 3,417,910 | 182,858,000 | unchanged | 0.00 | ||
| DT | dynatrace inc | 6.78 | 5,040,370 | 225,506,000 | added | 75.07 | ||
| DV | doubleverify hldgs inc | 1.79 | 3,056,000 | 59,500,300 | added | 100 | ||
| EA | electronic arts inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HCP | hashicorp inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| HOOD | robinhood mkts inc | 1.91 | 2,794,000 | 63,451,700 | new | |||
| INFA | informatica inc | 2.03 | 2,184,750 | 67,465,100 | added | 46.92 | ||
| LYV | live nation entertainment in | 7.00 | 2,483,180 | 232,773,000 | added | 85.31 | ||
| MELI | mercadolibre inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| META | meta platforms inc | 7.78 | 512,858 | 258,593,000 | added | 10.8 | ||
| MSGE | sphere entertainment co | 2.68 | 2,542,860 | 89,152,800 | unchanged | 0.00 | ||
| MSGE | madison square garden entmt | 2.54 | 2,465,720 | 84,401,700 | unchanged | 0.00 | ||