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 |
Netflix
NFLX
|
+$346M |
| 2 |
EA
Electronic Arts
EA
|
+$196M |
| 3 |
Dynatrace
DT
|
+$150M |
| 4 |
DOCU
DocuSign
DOCU
|
+$147M |
| 5 |
Applovin
APP
|
+$134M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$296M |
| 2 |
Akamai
AKAM
|
+$283M |
| 3 |
SPLK
Splunk Inc
SPLK
|
+$212M |
| 4 |
Kenvue
KVUE
|
+$147M |
| 5 |
Meta Platforms (Facebook)
META
|
+$128M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 53.11% |
| 2 | Technology | 38.47% |
| 3 | Consumer Discretionary | 8.42% |
| 4 | Consumer Staples | 0% |
| 5 | Industrials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Netflix
NFLX
$331B
| $372M | 9.93% |
+6,130,000
| New | +$346M |
|
|
2
Applovin
APP
$102B
| $269M | 7.19% |
3,890,567
+2,525,240
| +185% | +$134M |
|
3
Nutanix
NTNX
$18.3B
| $246M | 6.57% |
3,988,923
+462,000
| +13% | +$26.6M |
|
4
NVIDIA
NVDA
$5.2T
| $230M | 6.13% |
2,540,790
-650,000
| -20% | -$47.1M |
|
5
DraftKings
DKNG
$13B
| $227M | 6.05% |
4,995,153
-4,847
| -0.1% | -$197K |
|
|
6
Meta Platforms (Facebook)
META
$1.4T
| $225M | 6% |
462,858
-286,000
| -38% | -$128M |
|
7
Trade Desk
TTD
$6.19B
| $212M | 5.64% |
2,419,355
+100,000
| +4% | +$7.58M |
|
|
DOCU
8
DocuSign
DOCU
$11.8B
| $204M | 5.43% |
3,417,908
+2,597,489
| +317% | +$147M |
|
|
EA
9
DELISTED
Electronic Arts
EA
| $189M | 5.04% |
+1,425,000
| New | +$196M |
|
10
Live Nation Entertainment
LYV
$42.4B
| $142M | 3.78% |
1,340,000
-160,000
| -11% | -$15.1M |
|
11
Cadence Design Systems
CDNS
$87.9B
| $134M | 3.57% |
429,743
-104,309
| -20% | -$30.9M |
|
|
12
Dynatrace
DT
$14.2B
| $134M | 3.57% |
+2,879,000
| New | +$150M |
|
13
Sphere Entertainment
SPHR
$5.69B
| $125M | 3.33% |
2,542,865
+106,651
| +4% | +$4.27M |
|
14
Roblox
RBLX
$27.4B
| $120M | 3.21% |
3,146,686
+162,611
| +5% | +$6.6M |
|
15
ASML
ASML
$677B
| $114M | 3.03% |
+117,000
| New | +$104M |
|
16
Liberty Media Series C
FWONK
$26.3B
| $113M | 3% |
1,715,513
+179,513
| +12% | +$12M |
|
17
Broadcom
AVGO
$1.75T
| $111M | 2.97% |
+840,000
| New | +$104M |
|
18
Salesforce
CRM
$171B
| $106M | 2.83% |
352,000
+113,000
| +47% | +$32.6M |
|
19
Madison Square Garden
MSGE
$3.78B
| $96.7M | 2.58% |
2,465,724
+162,000
| +7% | +$5.78M |
|
|
HCP
20
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $90M | 2.4% |
3,338,951
+1,161,600
| +53% | +$28.1M |
|
21
SharkNinja
SN
$25.5B
| $62.3M | 1.66% |
+1,000,300
| New | +$52.9M |
|
|
AD
22
Array Digital Infrastructure
AD
$3.08B
| $58.1M | 1.55% |
1,592,792
+184,000
| +13% | +$7.18M |
|
23
DoubleVerify
DV
$2.06B
| $53.6M | 1.43% |
+1,524,000
| New | +$56.7M |
|
|
INFA
24
DELISTED
Informatica
INFA
| $52M | 1.39% |
+1,487,000
| New | +$46.8M |
|
25
Mercado Libre
MELI
$97.5B
| $26.3M | 0.7% |
+17,384
| New | +$28.5M |
|
Similar funds
Josh Resnick's Q1 2024 Portfolio in Review
As of Q1 2024, Josh Resnick held 38 positions worth $3.75B, up 15% from $3.27B the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Josh Resnick's Q1 2024 filing shows 11 new, 11 increased, 5 reduced and 10 closed positions. Its largest new stake was Netflix: 6,130,000 shares worth $372M. The largest sale was T-Mobile US, an estimated $296M.
By sector, the portfolio is most concentrated in Communication Services at 53% of assets, up from 47% a quarter earlier, followed by Technology and Consumer Discretionary.
- Josh Resnick's largest Q1 2024 buy was Netflix: 6,130,000 shares worth $372M.
- Josh Resnick added most to DocuSign in Q1 2024, an estimated $147M increase.
- Josh Resnick's biggest Q1 2024 reduction was Meta Platforms (Facebook), cutting an estimated $128M.
- Josh Resnick fully exited T-Mobile US in Q1 2024, selling an estimated $296M.
- Josh Resnick's ten largest holdings make up 62% of its $3.75B portfolio in Q1 2024.
- Josh Resnick opened 11 new positions and closed 10 in Q1 2024.
- Josh Resnick's portfolio value rose 15% quarter-over-quarter to $3.75B.
Based on Jericho Capital Asset Management's 13F filing for Q1 2024, filed 15 May 2024.