Jericho Capital

Q3 2022 13F · by Josh Resnick, founder

As of: Sep 30, 2022
Filed: Nov 14, 2022
US stock: $1.6B · prev $1.6B
Positions: 24 · prev 26
Options notional: $0
Documents: 1· no amendments

Picture100.0% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 100.0%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.0%
Puts at notional value 0.0%
Calls at notional value 0.0%

Moves33 since the prior filing

+60.8 pp in · −60.9 pp out

New 11 +61.30 pp
Added 5 −0.50 pp
Trimmed 4 −0.71 pp
Exited 13 −60.15 pp

The book

Concentrated · behaves like 14 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 248% a year, about 0.4 years per position

Low
Moderate
High

Top 5 positions50% of US stock

NFLX NetFlix Inc new+13.40 pp new+13.4013.4%
TWTR Twitter, Inc. new+11.26 pp new+11.2611.3%
MELI Mercado Libre, Inc new+8.78 pp new+8.788.8%
ESTC Elastic N.V. added+1.77 pp added+1.778.6%
BABA Alibaba Group Holding Limited added−2.47 pp added−2.478.1%

Positions24 in this filing · 13 exited


NFLXNetFlix Inc	13.40%	897,506	$211M	new	+13.40 pp	new
TWTRTwitter, Inc.	11.26%	4,051,000	$178M	new	+11.26 pp	new
MELIMercado Libre, Inc	8.78%	167,267	$138M	new	+8.78 pp	new
ESTCElastic N.V.	8.63%	1,896,288	$136M	added+17%	+1.77 pp	3 q
BABAAlibaba Group Holding Limited	8.12%	1,600,210	$128M	added+8%	−2.47 pp	2 q
AIYActivision Blizzard Inc	6.56%	1,392,000	$103M	new	+6.56 pp	new
MRVLMarvell Technology, Inc.	4.91%	1,805,527	$77M	new	+4.91 pp	new
TTDThe Trade Desk, Inc.	4.45%	1,173,006	$70M	new	+4.45 pp	new
SIX1Six Flags Entertainment Corp.	4.14%	3,690,320	$65M	new	+4.14 pp	new
PANWPalo Alto Networks, Inc.	3.92%	377,745	$62M	trimmed−7%	−0.28 pp	5 q
FLEXFlex Ltd.	3.75%	3,544,573	$59M	new	+3.75 pp	new
0C3Endeavor Group Hold-class A	3.69%	2,867,819	$58M	trimmed−1%	−0.05 pp	6 q
AMDAdvanced Micro Devices	3.57%	887,321	$56M	added+14%	−0.15 pp	2 q
MNDYmonday.com Ltd.	3.32%	462,138	$52M	trimmed−20%	−0.41 pp	3 q
CNXXConx Corp A	2.54%	4,000,000	$40M	held	—	7 q
WDAYWorkday, Inc. Class A	2.24%	231,629	$35M	new	+2.24 pp	new
BRZEBraze, Inc. Class A	1.83%	826,382	$29M	added+20%	+0.27 pp	2 q
FROGJFrog Ltd.	1.72%	1,229,484	$27M	trimmed−4%	+0.03 pp	2 q
RVNCRevance Therapeutics, Inc.	1.22%	714,000	$19M	new	+1.22 pp	new
unresolvedLead Edge Growth Oprtunts Lt	0.94%	1,500,000	$15M	held	—	2 q
TCOMTrip.com Group Limited	0.59%	339,000	$9M	new	+0.59 pp	new
NIONIO Inc.	0.41%	409,000	$6M	added+68%	+0.08 pp	2 q
CNXXWConx Corp Wts	0.01%	1,000,000	$80,000	held	—	7 q
unresolvedLead Edge Growth Oprtunts Lt	0.00%	375,000	$22,000	held	—	2 q
LILi Auto Inc.	—	−3,138,407	—	exited	−7.54 pp	—
LVSLas Vegas Sands Corp.	—	−3,577,000	—	exited	−7.54 pp	—
AMZNAmazon.Com Inc	—	−1,100,000	—	exited	−7.33 pp	—
NXPINXP Semiconductors N.V.	—	−656,000	—	exited	−6.09 pp	—
CHKPCheck Point Software Technologies Ltd	—	−747,889	—	exited	−5.71 pp	—
NOWServicenow, Inc.	—	−182,000	—	exited	−5.43 pp	—
BZKANZHUN LIMITED American Depository Shares	—	−3,254,882	—	exited	−5.37 pp	—
DDOGDatadog, Inc. Class A	—	−628,147	—	exited	−3.75 pp	—
SESea Limited	—	−651,000	—	exited	−2.73 pp	—
BEKEKE Holdings Inc.	—	−2,373,850	—	exited	−2.67 pp	—
CZRCaesars Entertainment, Inc.	—	−1,002,000	—	exited	−2.41 pp	—
EAElectronic Arts Inc	—	−267,000	—	exited	−2.04 pp	—
JDJD.com, Inc.	—	−383,214	—	exited	−1.54 pp	—