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 |
Crown Castle
CCI
|
+$95.5M |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$83.9M |
| 3 |
Moody's
MCO
|
+$77.5M |
| 4 |
Melco Resorts & Entertainment
MLCO
|
+$69.8M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$63.2M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 22.63% |
| 2 | Consumer Discretionary | 12.22% |
| 3 | Financials | 11.33% |
| 4 | Real Estate | 8.41% |
| 5 | Technology | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
Apple
AAPL
$4.51T
| $476M | 33.5% |
+33,600,000
| New | +$517M |
|
|
2
Crown Castle
CCI
$32.1B
| $94.2M | 6.63% |
+1,301,000
| New | +$95.5M |
|
|
MHFI
3
DELISTED
MCGRAW-HILL FINANCIAL INC COM
MHFI
| $83.1M | 5.85% |
+1,563,000
| New | +$83.9M |
|
|
4
Moody's
MCO
$87.2B
| $77.8M | 5.48% |
+1,277,400
| New | +$77.5M |
|
|
5
Melco Resorts & Entertainment
MLCO
$2.09B
| $66.1M | 4.65% |
+2,956,852
| New | +$69.8M |
|
|
6
Alphabet (Google) Class C
GOOG
$4.18T
| $65.5M | 4.61% |
+2,987,155
| New | +$63.2M |
|
|
P
7
DELISTED
Pandora Media Inc
P
| $65.3M | 4.6% |
+3,547,427
| New | +$53.1M |
|
|
QIHU
8
DELISTED
QIHOO 360 TECHNOLOGY CO LTD ADS RPSTG 3 CL A SHS
QIHU
| $47.5M | 3.35% |
+1,029,504
| New | +$39.6M |
|
|
INFA
9
DELISTED
INFORMATICA CORP
INFA
| $44.7M | 3.15% |
+1,278,000
| New | +$44.1M |
|
10
TripAdvisor
TRIP
$1.17B
| $43.7M | 3.07% |
+717,300
| New | +$41.1M |
|
11
Cogent Communications
CCOI
$470M
| $39.8M | 2.8% |
+1,415,208
| New | +$39.5M |
|
|
PARA
12
DELISTED
Paramount Global Class B
PARA
| $38.9M | 2.74% |
+795,000
| New | +$36.3M |
|
|
INXN
13
DELISTED
Interxion Holding N.V.
INXN
| $37.5M | 2.64% |
+1,433,550
| New | +$36.5M |
|
14
Mercado Libre
MELI
$97.5B
| $37M | 2.6% |
+343,100
| New | +$37.1M |
|
15
Walt Disney
DIS
$186B
| $36.3M | 2.56% |
+575,000
| New | +$36.3M |
|
|
ALU
16
DELISTED
Alcatel-Lucent
ALU
| $31.7M | 2.23% |
+18,137,611
| New | +$27.1M |
|
17
Trip.com Group
TCOM
$29B
| $26.8M | 1.89% |
+1,642,700
| New | +$22.5M |
|
18
Equinix
EQIX
$105B
| $25.3M | 1.78% |
+137,142
| New | +$28.5M |
|
|
SINA
19
DELISTED
Sina Corp
SINA
| $20.3M | 1.43% |
+365,000
| New | +$19.9M |
|
|
VRNT
20
DELISTED
Verint Systems
VRNT
| $19.6M | 1.38% |
+1,083,576
| New | +$18.9M |
|
21
Take-Two Interactive
TTWO
$44.8B
| $17.9M | 1.26% |
+1,193,000
| New | +$18.7M |
|
22
Nice
NICE
$5.87B
| $15.9M | 1.12% |
+432,000
| New | +$15.6M |
|
|
BNNY
23
DELISTED
ANNIES INC COMMON STOCK (DE)
BNNY
| $9.61M | 0.68% |
+224,870
| New | +$8.76M |
|
Similar funds
Josh Resnick's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Josh Resnick, which disclosed 23 positions worth $1.42B. Its ten largest holdings account for 75% of the portfolio.
Its largest position is Crown Castle: 1,301,000 shares worth $94.2M.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, followed by Consumer Discretionary and Financials.
- Josh Resnick's largest Q2 2013 buy was Crown Castle: 1,301,000 shares worth $94.2M.
- Josh Resnick's ten largest holdings make up 75% of its $1.42B portfolio in Q2 2013.
- Josh Resnick disclosed 23 positions in Q2 2013, its first 13F filing on record.
Based on Jericho Capital Asset Management's 13F filing for Q2 2013, filed 14 Aug 2013.