Jericho Capital Asset Management L.P.
Long book
$6.76B
Q1 2026
Positions
23
Top-10 weight
70%
concentration
Last quarter
+29.4%
SPY +14.8%
Turnover
45%
of book per quarter
Strategy in plain words
auto-generated from filingsJericho Capital Asset Management L.P. is a concentrated fundamental stock-picker, specialised in technology (62% of the long book), running a $6.76B US long book across 23 positions.
The portfolio is concentrated: the top 10 names carry 70% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: F5 INC, APPLOVIN CORP-CLASS A, CIENA CORP, LIVE NATION ENTERTAINMENT IN, LIBERTY MEDIA CORP-FORMULA-C.
Over the last 9 quarters its long book ran on average 6.6pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.2%
Q2 2024
+12.8%
Q3 2024
+30.4%
Q4 2024
-9.0%
Q1 2025
+23.0%
Q2 2025
+19.0%
Q3 2025
+3.6%
Q4 2025
-12.4%
Q1 2026
+29.4%
Sector allocation
Technology 62%
Services media 19%
Communications 14%
Industrials 3%
Financials 3%
Long book by quarter
What does Jericho Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| FFIV F5 INC | Technology | 2.6M | $764.7M | 11.3% | +16.4% |
| APP APPLOVIN CORP-CLASS A | Technology | 1.7M | $667.5M | 9.9% | -20.0% |
| CIEN CIENA CORP | Technology | 1.7M | $643.0M | 9.5% | Held |
| LYV LIVE NATION ENTERTAINMENT IN | Services media | 3.9M | $599.0M | 8.9% | -1.7% |
| FWONK LIBERTY MEDIA CORP-FORMULA-C | Communications | 5.2M | $446.2M | 6.6% | +15.5% |
| FOXA FOX CORP - CLASS A | Communications | 6.7M | $390.4M | 5.8% | +124.9% |
| GOOGL ALPHABET INC-CL A | Technology | 1.1M | $321.5M | 4.8% | -16.3% |
| AMAT APPLIED MATERIALS INC | Technology | 904.4K | $309.1M | 4.6% | New |
| SPHR SPHERE ENTERTAINMENT CO | Services media | 2.6M | $305.9M | 4.5% | Held |
| NVDA NVIDIA CORP | Technology | 1.6M | $287.2M | 4.2% | -67.5% |
| MDB MONGODB INC | Technology | 996.5K | $243.9M | 3.6% | Held |
| SNOW SNOWFLAKE INC | Technology | 1.6M | $240.1M | 3.5% | +1.0% |
| MSGE MADISON SQUARE GARDEN ENTERT | Services media | 3.7M | $215.8M | 3.2% | Held |
| KTOS KRATOS DEFENSE & SECURITY | Industrials | 2.6M | $186.8M | 2.8% | New |
| LION LIONSGATE STUDIOS CORP | Services media | 18.8M | $180.4M | 2.7% | +236.0% |
| CORZ CORE SCIENTIFIC INC | Financials | 11.7M | $175.4M | 2.6% | -10.1% |
| WDC WESTERN DIGITAL CORP | Technology | 581.6K | $157.3M | 2.3% | New |
| NTNX NUTANIX INC - A | Technology | 3.9M | $149.0M | 2.2% | +26.2% |
| WK WORKIVA INC | Technology | 2.5M | $147.0M | 2.2% | New |
| DOCU DOCUSIGN INC | Technology | 3.0M | $142.2M | 2.1% | -36.9% |
| TWLO TWILIO INC - A | Technology | 697.5K | $87.8M | 1.3% | New |
| AD ARRAY DIGITAL INFRASTRUCTURE | Communications | 1.8M | $83.8M | 1.2% | Held |
| LSCC LATTICE SEMICONDUCTOR CORP | Technology | 222.2K | $20.6M | 0.3% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 23 | $6.76B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 25 | $8.78B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 30 | $9.61B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 30 | $7.51B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 23 | $5.50B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 29 | $7.00B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 24 | $4.15B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 22 | $3.32B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 28 | $3.75B | canonical | SEC ↗ |