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JK

Josh Kushner Thrive Capital Management (New York)

AUM $3.81B
1-Year Est. Return 45.58%
 

Josh Kushner is the founder of Thrive Capital, a technology investment firm spanning venture and public-market exposure. Thrive is known for backing category-defining software and internet companies and for selective public equity ownership. Kushner’s firm sits at the intersection of venture capital and public growth investing followed through filings.

This Fund
S&P 500
This Quarter Est. Return
+54.45%
1 Year Est. Return
-45.58%
3 Year Est. Return
+204.62%
5 Year Est. Return
+40.22%
10 Year Est. Return
–
AUM
$58.3M
AUM Growth
-$22.2M
Cap. Flow
-$42.1M
Cap. Flow %
-72.19%
Top 10 Hldgs %
100%
Holding
3
New
1
Increased
–
Reduced
–
Closed
1

Top Buys

Rank Stock Value
1
API
Agora
API
+$4.72M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$46.8M

Sector Composition

Rank Sector Weight
1 Communication Services 92.43%
2 Technology 7.57%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
Z icon
1
Zillow
Z
$8.07B
$53.9M 92.43%
935,624
– –
API
2
Agora
API
$369M
$4.42M 7.57%
+100,000
New +$4.72M
MSFT icon
3
Microsoft
MSFT
$3.59T
– –
-296,885
Closed -$46.8M

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Josh Kushner's Q2 2020 Portfolio in Review

As of Q2 2020, Josh Kushner held 3 positions worth $58.3M, down 28% from $80.5M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Josh Kushner withdrew a net $42.1M in Q2 2020, closing 1 position. Its most notable exit was Microsoft, an estimated $46.8M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 92% of assets, up from 42% a quarter earlier, followed by Technology.

Against the trend, Josh Kushner opened a new position in Agora worth $4.42M.

  • Josh Kushner's largest Q2 2020 buy was Agora: 100,000 shares worth $4.42M.
  • Josh Kushner fully exited Microsoft in Q2 2020, selling an estimated $46.8M.
  • Josh Kushner's ten largest holdings make up 100% of its $58.3M portfolio in Q2 2020.
  • Josh Kushner opened 1 new position and closed 1 in Q2 2020.
  • Josh Kushner's portfolio value fell 28% quarter-over-quarter to $58.3M.

Based on Thrive Capital Management (New York)'s 13F filing for Q2 2020, filed 12 Aug 2020.