Josh Resnick Jericho Capital Asset Management
Josh Resnick is the founder of Jericho Capital Asset Management, a technology-focused long/short equity firm. Jericho is known for fundamental research across software, internet, and communications-related businesses. Resnick’s portfolio disclosures are followed by investors tracking high-conviction technology specialists.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$192M |
| 2 |
Snap
SNAP
|
+$191M |
| 3 |
Amazon
AMZN
|
+$179M |
| 4 |
ATVI
Activision Blizzard
ATVI
|
+$95.4M |
| 5 |
Uber
UBER
|
+$84.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Analog Devices
ADI
|
+$192M |
| 2 |
ServiceNow
NOW
|
+$134M |
| 3 |
JD.com
JD
|
+$101M |
| 4 |
Micron Technology
MU
|
+$94.9M |
| 5 |
Fox Class A
FOXA
|
+$78.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 46.08% |
| 2 | Consumer Discretionary | 29.74% |
| 3 | Communication Services | 22.36% |
| 4 | Real Estate | 1.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Arista Networks
ANET
$238B
| – | – |
-3,056,000
| Closed | -$60.1M |
|
|
27
Fox Class A
FOXA
$28.8B
| – | – |
-2,146,000
| Closed | -$78.8M |
|
|
HUYA
28
Huya Inc
HUYA
$498M
| – | – |
-1,080,646
| Closed | -$30.4M |
|
|
29
JD.com
JD
$39.7B
| – | – |
-3,334,779
| Closed | -$101M |
|
30
Keysight
KEYS
$53.8B
| – | – |
-807,900
| Closed | -$70.4M |
|
|
LNW
31
DELISTED
Light & Wonder
LNW
| – | – |
-2,068,923
| Closed | -$42.2M |
|
32
Lyft
LYFT
$6.61B
| – | – |
-60,000
| Closed | -$4.7M |
|
|
33
Micron Technology
MU
$1.09T
| – | – |
-2,297,000
| Closed | -$94.9M |
|
|
34
ServiceNow
NOW
$133B
| – | – |
-2,728,210
| Closed | -$134M |
|
35
SiriusXM
SIRI
$9.67B
| – | – |
-1,146,000
| Closed | -$65M |
|
36
Trade Desk
TTD
$6.19B
| – | – |
-1,780,000
| Closed | -$35.2M |
|
|
NBIS
37
Nebius Group N.V.
NBIS
$59.6B
| – | – |
-1,287,000
| Closed | -$44.2M |
|
|
NEWR
38
DELISTED
New Relic, Inc.
NEWR
| – | – |
-469,968
| Closed | -$46.4M |
|
|
XLNX
39
DELISTED
Xilinx Inc
XLNX
| – | – |
-279,635
| Closed | -$35.5M |
|
|
DATA
40
DELISTED
Tableau Software, Inc.
DATA
| – | – |
-408,477
| Closed | -$52M |
|
Similar funds
Josh Resnick's Q2 2019 Portfolio in Review
As of Q2 2019, Josh Resnick held 40 positions worth $2.27B, up 2.5% from $2.21B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Josh Resnick's Q2 2019 filing shows 13 new, 4 increased, 5 reduced and 17 closed positions. Its largest new stake was Broadcom: 6,590,130 shares worth $190M. The largest sale was Analog Devices, an estimated $192M.
By sector, the portfolio is most concentrated in Technology at 46% of assets, down from 63% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Josh Resnick's largest Q2 2019 buy was Broadcom: 6,590,130 shares worth $190M.
- Josh Resnick added most to Bilibili in Q2 2019, an estimated $52.7M increase.
- Josh Resnick's biggest Q2 2019 reduction was VMware, Inc, cutting an estimated $66.5M.
- Josh Resnick fully exited Analog Devices in Q2 2019, selling an estimated $192M.
- Josh Resnick's ten largest holdings make up 67% of its $2.27B portfolio in Q2 2019.
- Josh Resnick opened 13 new positions and closed 17 in Q2 2019.
- Josh Resnick's portfolio value rose 2.5% quarter-over-quarter to $2.27B.
Based on Jericho Capital Asset Management's 13F filing for Q2 2019, filed 14 Aug 2019.