Jericho Capital Asset Management L.P. — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Jericho Capital Asset Management L.P. initiated 6 new positions, increased allocation to 6 existing positions, trimmed 6 positions, and exited 8 positions entirely. The fund's 13F equity book declined from $8.78B to $6.76B (-22.9% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $8.78BPrior quarter
- $6.76BCurrent quarter
- $-2.01BNet delta
- -22.9%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| APPLIED MATLS INC | AMAT | 4.57% | History → |
| KRATOS DEFENSE & SEC SOLUTIO | KTOS | 2.76% | Holders → |
| WESTERN DIGITAL CORP | WDC | 2.33% | Holders → |
| WORKIVA INC | WK | 2.17% | Holders → |
| TWILIO INC | TWLO | 1.30% | Holders → |
| LATTICE SEMICONDUCTOR CORP | LSCC | 0.30% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| LIONSGATE STUDIOS CORP | LION | +2.08% | +236.04% | Holders → |
| FOX CORPORATION CLASS A | FOXA | +3.30% | +124.85% | History → |
| NUTANIX INC | NTNX | +0.37% | +26.16% | Holders → |
| F5 INC | FFIV | +4.70% | +16.38% | History → |
| LIBERTY MEDIA CORP DEL | FWONK | +1.50% | +15.54% | History → |
| SNOWFLAKE INC | SNOW | +-0.39% | +1.03% | Holders → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| NVIDIA CORPORATION | NVDA | -6.51% | -67.47% | History → |
| DOCUSIGN INC | DOCU | -1.60% | -36.91% | Holders → |
| APPLOVIN CORP | APP | -6.22% | -19.95% | History → |
| ALPHABET INC | GOOGL | -0.01% | -16.32% | History → |
| CORE SCIENTIFIC INC NEW | CORZ | 0.43% | -10.09% | Holders → |
| LIVE NATION ENTERTAINMENT IN | LYV | 2.37% | -1.73% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| NETFLIX INC | NFLX | 4.63% |
| CONFLUENT INC | SYN_20717M103 | 3.82% |
| AFFIRM HLDGS INC | AFRM | 3.05% |
| META PLATFORMS INC | META | 2.99% |
| UPSTART HLDGS INC | UPST | 2.50% |
| AMBARELLA INC | AMBA | 1.28% |
| ZOOMINFO TECHNOLOGIES INC | GTM | 1.02% |
| SPORTRADAR GROUP AG | SRAD | 0.86% |
Methodology & FAQ
How Jericho Capital Asset Management L.P. Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Jericho Capital Asset Management L.P. against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Jericho Capital Asset Management L.P. initiate in Q1 2026?
Jericho Capital Asset Management L.P. established 6 new positions in Q1 2026: APPLIED MATLS INC (AMAT, 4.57%), KRATOS DEFENSE & SEC SOLUTIO (KTOS, 2.76%), WESTERN DIGITAL CORP (WDC, 2.33%), WORKIVA INC (WK, 2.17%), TWILIO INC (TWLO, 1.30%), LATTICE SEMICONDUCTOR CORP (LSCC, 0.30%).
Which existing positions saw the largest allocation increases for Jericho Capital Asset Management L.P. in Q1 2026?
The largest portfolio-weight increases in existing positions were: LIONSGATE STUDIOS CORP (LION, +2.08% weight, +236.04% shares), FOX CORPORATION CLASS A (FOXA, +3.30% weight, +124.85% shares), NUTANIX INC (NTNX, +0.37% weight, +26.16% shares), F5 INC (FFIV, +4.70% weight, +16.38% shares), LIBERTY MEDIA CORP DEL (FWONK, +1.50% weight, +15.54% shares), SNOWFLAKE INC (SNOW, +-0.39% weight, +1.03% shares).
Which positions did Jericho Capital Asset Management L.P. fully exit in Q1 2026?
Jericho Capital Asset Management L.P. fully exited 8 positions in Q1 2026: NETFLIX INC (NFLX, last-reported weight 4.63%), CONFLUENT INC (SYN_20717M103, last-reported weight 3.82%), AFFIRM HLDGS INC (AFRM, last-reported weight 3.05%), META PLATFORMS INC (META, last-reported weight 2.99%), UPSTART HLDGS INC (UPST, last-reported weight 2.50%), AMBARELLA INC (AMBA, last-reported weight 1.28%), ZOOMINFO TECHNOLOGIES INC (GTM, last-reported weight 1.02%), SPORTRADAR GROUP AG (SRAD, last-reported weight 0.86%).
Which existing positions saw the largest allocation reductions for Jericho Capital Asset Management L.P. in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: NVIDIA CORPORATION (NVDA, -6.51% weight, -67.47% shares), DOCUSIGN INC (DOCU, -1.60% weight, -36.91% shares), APPLOVIN CORP (APP, -6.22% weight, -19.95% shares), ALPHABET INC (GOOGL, -0.01% weight, -16.32% shares), CORE SCIENTIFIC INC NEW (CORZ, 0.43% weight, -10.09% shares), LIVE NATION ENTERTAINMENT IN (LYV, 2.37% weight, -1.73% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity.