We are live on !
Find out more
Josh Resnick Jericho Capital Asset Management
AUM
$12.1B
Turnover
42.42%
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
+1.29%
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
$2.05B
AUM Growth
-$227M
(-9.9%)
Cap. Flow
-$56M
Cap. Flow % of AUM
Cap. Flow %
-2.73%
Top 10 Holdings %
Top 10 Hldgs %
57.54%
Holding
47
New
19
Increased
5
Reduced
8
Closed
14
Avg Time Held
Equity + Options
0.3
years
Top 10 Avg Time Held
Equity + Options
0.2
years
Top 20 Avg Time Held
Equity + Options
0.2
years
Avg Time Held Equity only
0.3
years
Top 10 Avg Time Held Equity only
0.2
years
Top 20 Avg Time Held Equity only
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$105M |
| 2 |
Netflix
NFLX
|
+$90.3M |
| 3 |
Apple
AAPL
|
+$90.1M |
| 4 |
T-Mobile US
TMUS
|
+$70.9M |
| 5 |
Meta Platforms (Facebook)
META
|
+$67.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$131M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$122M |
| 3 |
QUNR
Qunar Cayman Islands Limited
QUNR
|
+$120M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$90M |
| 5 |
JD.com
JD
|
+$74.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 35.79% |
| 2 | Technology | 23.85% |
| 3 | Consumer Discretionary | 22.47% |
| 4 | Industrials | 6.59% |
| 5 | Energy | 6.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
CVC
1
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
| $370M | 18.04% |
11,220,488
-209,000
| -2% | -$6.74M |
2015 Q2
3 quarters
|
|
|
YHOO
2
DELISTED
Yahoo Inc
YHOO
| $123M | 6.01% |
+3,352,312
| New | +$105M |
2016 Q1
0 quarters
|
|
|
LVLT
3
DELISTED
Level 3 Communications Inc
LVLT
| $108M | 5.26% |
2,044,344
+438,559
| +27% | +$21.6M |
2015 Q4
1 quarter
|
|
|
4
Apple
AAPL
$5.19T
| $98.5M | 4.8% |
+3,616,000
| New | +$90.1M |
2016 Q1
0 quarters
|
|
|
5
Netflix
NFLX
$261B
| $94.1M | 4.58% |
+9,202,410
| New | +$90.3M |
2016 Q1
0 quarters
|
|
|
ZEN
6
DELISTED
ZENDESK INC
ZEN
| $93.1M | 4.54% |
4,449,324
+227,274
| +5% | +$4.62M |
2014 Q3
6 quarters
|
|
|
PFPT
7
DELISTED
Proofpoint, Inc.
PFPT
| $75.7M | 3.69% |
1,406,938
+584,125
| +71% | +$29.8M |
2015 Q1
4 quarters
|
|
8
Las Vegas Sands
LVS
$25.8B
| $72.9M | 3.55% |
+1,409,987
| New | +$64.5M |
2016 Q1
0 quarters
|
|
|
9
Meta Platforms (Facebook)
META
$1.61T
| $72.9M | 3.55% |
+638,491
| New | +$67.4M |
2016 Q1
0 quarters
|
|
|
10
T-Mobile US
TMUS
$184B
| $72M | 3.51% |
+1,879,000
| New | +$70.9M |
2016 Q1
0 quarters
|
|
11
Alibaba
BABA
$234B
| $67.2M | 3.28% |
+850,768
| New | +$59.9M |
2016 Q1
0 quarters
|
|
12
Equinix
EQIX
$106B
| $66.1M | 3.22% |
199,895
-15,670
| -7% | -$4.77M |
2015 Q4
1 quarter
|
|
13
McDonald's
MCD
$197B
| $62.6M | 3.05% |
498,348
-375,652
| -43% | -$44.9M |
2015 Q4
1 quarter
|
|
14
Charter Communications
CHTR
$15.6B
| $52.3M | 2.55% |
+258,169
| New | +$46.3M |
2016 Q1
0 quarters
|
|
15
Mercado Libre
MELI
$74.7B
| $52.1M | 2.54% |
+441,740
| New | +$45.7M |
2016 Q1
0 quarters
|
|
|
ARRS
16
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $50.8M | 2.48% |
2,218,280
+79,132
| +4% | +$1.94M |
2015 Q2
3 quarters
|
|
17
DELISTED
Infinera Corporation Common Stock
INFN
| $48.2M | 2.35% |
3,001,466
-432,700
| -13% | -$6.63M |
2014 Q4
5 quarters
|
|
18
Tapestry
TPR
$26.3B
| $45.8M | 2.23% |
+1,143,394
| New | +$41.4M |
2016 Q1
0 quarters
|
|
19
Wynn Resorts
WYNN
$8.65B
| $44.8M | 2.18% |
+479,778
| New | +$35.4M |
2016 Q1
0 quarters
|
|
20
Dollar General
DG
$30.4B
| $42.2M | 2.06% |
+493,000
| New | +$37.3M |
2016 Q1
0 quarters
|
|
21
Amazon
AMZN
$2.91T
| $41.6M | 2.02% |
1,400,000
-1,861,660
| -57% | -$52.8M |
2014 Q4
5 quarters
|
|
22
MSG Knickerbockers Corp.
MSGK
$7.67B
| $41.3M | 2.01% |
+348,366
| New | +$38.8M |
2016 Q1
0 quarters
|
|
|
ATVI
23
DELISTED
Activision Blizzard
ATVI
| $33.5M | 1.63% |
989,565
-869,529
| -47% | -$28.5M |
2015 Q4
1 quarter
|
|
24
Vipshop
VIPS
$6.1B
| $32M | 1.56% |
2,481,000
-2,361,157
| -49% | -$29.6M |
2015 Q4
1 quarter
|
|
25
NXP Semiconductors
NXPI
$68.9B
| $31.1M | 1.52% |
+384,000
| New | +$28.6M |
2016 Q1
0 quarters
|
|
Similar funds
Josh Resnick's Q1 2016 Portfolio in Review
As of Q1 2016, Josh Resnick held 47 positions worth $2.05B, down 9.9% from $2.28B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Josh Resnick's Q1 2016 filing shows 19 new, 5 increased, 8 reduced and 14 closed positions. Its largest new stake was Yahoo Inc: 3,352,312 shares worth $123M. The largest sale was Broadcom, an estimated $131M.
By sector, the portfolio is most concentrated in Communication Services at 36% of assets, up from 33% a quarter earlier, followed by Technology and Consumer Discretionary.
- Josh Resnick's largest Q1 2016 buy was Yahoo Inc: 3,352,312 shares worth $123M.
- Josh Resnick added most to Proofpoint, Inc. in Q1 2016, an estimated $29.8M increase.
- Josh Resnick's biggest Q1 2016 reduction was Amazon, cutting an estimated $52.8M.
- Josh Resnick fully exited Broadcom in Q1 2016, selling an estimated $131M.
- Josh Resnick's ten largest holdings make up 58% of its $2.05B portfolio in Q1 2016.
- Josh Resnick opened 19 new positions and closed 14 in Q1 2016.
- Josh Resnick's portfolio value fell 9.9% quarter-over-quarter to $2.05B.
Based on Jericho Capital Asset Management's 13F filing for Q1 2016, filed 16 May 2016.