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 |
Alibaba
BABA
|
+$146M |
| 2 |
Amazon
AMZN
|
+$138M |
| 3 |
Las Vegas Sands
LVS
|
+$124M |
| 4 |
NXP Semiconductors
NXPI
|
+$114M |
| 5 |
ServiceNow
NOW
|
+$86.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marvell Technology
MRVL
|
+$166M |
| 2 |
Tesla
TSLA
|
+$157M |
| 3 |
DISH
DISH Network Corp.
DISH
|
+$133M |
| 4 |
Teradyne
TER
|
+$110M |
| 5 |
Fox Class A
FOXA
|
+$81.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 42.76% |
| 2 | Consumer Discretionary | 40.01% |
| 3 | Communication Services | 11.14% |
| 4 | Financials | 3.4% |
| 5 | Real Estate | 2.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LEGAW
26
DELISTED
Lead Edge Growth Opportunities, Ltd Warrant
LEGAW
| $75K | ﹤0.01% |
+375,000
| New | +$93.7K |
|
27
Archer Aviation
ACHR
$4.85B
| – | – |
-750,000
| Closed | -$3.61M |
|
28
DoorDash
DASH
$96.8B
| – | – |
-488,985
| Closed | -$57.3M |
|
|
29
Fox Class A
FOXA
$28.8B
| – | – |
-2,073,474
| Closed | -$81.8M |
|
|
30
Marvell Technology
MRVL
$213B
| – | – |
-2,319,929
| Closed | -$166M |
|
31
Palantir
PLTR
$432B
| – | – |
-4,360,914
| Closed | -$59.9M |
|
32
PayPal
PYPL
$52.7B
| – | – |
-663,513
| Closed | -$76.7M |
|
33
Snowflake
SNOW
$115B
| – | – |
-105,400
| Closed | -$24.1M |
|
|
34
Teradyne
TER
$58.7B
| – | – |
-931,000
| Closed | -$110M |
|
|
35
Tesla
TSLA
$1.43T
| – | – |
-437,160
| Closed | -$157M |
|
|
SIX
36
DELISTED
Six Flags Entertainment Corp.
SIX
| – | – |
-1,602,578
| Closed | -$69.7M |
|
|
LEGAU
37
DELISTED
Lead Edge Growth Opportunities, Ltd Units
LEGAU
| – | – |
-1,500,000
| Closed | -$14.8M |
|
|
DISH
38
DELISTED
DISH Network Corp.
DISH
| – | – |
-4,210,543
| Closed | -$133M |
|
Similar funds
Josh Resnick's Q2 2022 Portfolio in Review
As of Q2 2022, Josh Resnick held 38 positions worth $1.59B, down 14% from $1.86B the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Josh Resnick withdrew a net $116M in Q2 2022, closing 12 positions and reducing 5 holdings. Its most notable exit was Marvell Technology, an estimated $166M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, down from 44% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Josh Resnick opened a new position in Alibaba worth $169M.
- Josh Resnick's largest Q2 2022 buy was Alibaba: 1,485,487 shares worth $169M.
- Josh Resnick added most to monday.com in Q2 2022, an estimated $22.5M increase.
- Josh Resnick's biggest Q2 2022 reduction was Li Auto, cutting an estimated $69.2M.
- Josh Resnick fully exited Marvell Technology in Q2 2022, selling an estimated $166M.
- Josh Resnick's ten largest holdings make up 67% of its $1.59B portfolio in Q2 2022.
- Josh Resnick opened 17 new positions and closed 12 in Q2 2022.
- Josh Resnick's portfolio value fell 14% quarter-over-quarter to $1.59B.
Based on Jericho Capital Asset Management's 13F filing for Q2 2022, filed 15 Aug 2022.