We are live on ! Find out more
JR

Josh Resnick Jericho Capital Asset Management

AUM $12.1B
1-Year Est. Return 109.57%
 

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.

This Fund
S&P 500
This Quarter Est. Return
-5.4%
1 Year Est. Return
+109.57%
3 Year Est. Return
+573.41%
5 Year Est. Return
+1,063.76%
10 Year Est. Return
+24,516.22%
AUM
$5.5B
AUM Growth
-$1.51B
Cap. Flow
-$1.02B
Cap. Flow %
-18.63%
Top 10 Hldgs %
69.69%
Holding
32
New
3
Increased
6
Reduced
9
Closed
9

Top Buys

Rank Stock Value
1
MDB icon
MongoDB
MDB
+$224M
2
JNPR
Juniper Networks
JNPR
+$206M
3
QRVO icon
Qorvo
QRVO
+$178M
4
NTNX icon
Nutanix
NTNX
+$90.5M
5
TWLO icon
Twilio
TWLO
+$58.4M

Top Sells

Rank Stock Value
1
IBIT icon
iShares Bitcoin Trust
IBIT
+$378M
2
NFLX icon
Netflix
NFLX
+$228M
3
DKNG icon
DraftKings
DKNG
+$195M
4
AVGO icon
Broadcom
AVGO
+$147M
5
META icon
Meta Platforms (Facebook)
META
+$139M

Sector Composition

Rank Sector Weight
1 Communication Services 51.38%
2 Technology 42.76%
3 Financials 4.16%
4 Consumer Discretionary 1.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DKNG icon
26
DraftKings
DKNG
$13B
– –
-5,245,494
Closed -$195M
HUT
27
Hut 8
HUT
$9.97B
– –
-1,825,261
Closed -$37.4M
IBIT icon
28
iShares Bitcoin Trust
IBIT
$57.7B
– –
-7,128,000
Closed -$378M
NU icon
29
Nu Holdings
NU
$70.4B
– –
-8,899,000
Closed -$92.2M
RIOT icon
30
Riot Platforms
RIOT
$7.44B
– –
-10,420,000
Closed -$106M
SNAP icon
31
Snap
SNAP
$8.86B
– –
-6,631,299
Closed -$71.4M
WYNN icon
32
Wynn Resorts
WYNN
$10.3B
– –
-1,176,591
Closed -$101M
1
2

Similar funds

QCM
QRG Capital Management Chicago, Illinois $12.1B AUM 44.98% 1-Year Est. Return
PI
PineBridge Investments New York $12.1B AUM 33.46% 1-Year Est. Return
P
PensionDanmark Copenhagen O, Denmark $12B AUM
Vanguard Personalized Indexing Management
Vanguard Personalized Indexing Management Oakland, California $12.2B AUM 47.93% 1-Year Est. Return
SC
Sculptor Capital New York $12.3B AUM 40.26% 1-Year Est. Return
OIA
OneDigital Investment Advisors Overland Park, Kansas $11.8B AUM 21.23% 1-Year Est. Return
CCMT
CMT Capital Markets Trading Frankfurt, Germany $11.8B AUM 39.43% 1-Year Est. Return
FPAS
Focus Partners Advisor Solutions Saint Louis, Missouri $11.8B AUM 25.68% 1-Year Est. Return

Josh Resnick's Q1 2025 Portfolio in Review

As of Q1 2025, Josh Resnick held 32 positions worth $5.5B, down 22% from $7B the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Josh Resnick withdrew a net $1.02B in Q1 2025, closing 9 positions and reducing 9 holdings. Its most notable exit was iShares Bitcoin Trust, an estimated $378M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 51% of assets, up from 50% a quarter earlier, followed by Technology and Financials.

Against the trend, Josh Resnick opened a new position in MongoDB worth $162M.

  • Josh Resnick's largest Q1 2025 buy was MongoDB: 921,000 shares worth $162M.
  • Josh Resnick added most to Nutanix in Q1 2025, an estimated $90.5M increase.
  • Josh Resnick's biggest Q1 2025 reduction was Netflix, cutting an estimated $228M.
  • Josh Resnick fully exited iShares Bitcoin Trust in Q1 2025, selling an estimated $378M.
  • Josh Resnick's ten largest holdings make up 70% of its $5.5B portfolio in Q1 2025.
  • Josh Resnick opened 3 new positions and closed 9 in Q1 2025.
  • Josh Resnick's portfolio value fell 22% quarter-over-quarter to $5.5B.

Based on Jericho Capital Asset Management's 13F filing for Q1 2025, filed 15 May 2025.