Jericho Capital Asset Management L.P. 13F: Quarter-over-Quarter Portfolio Changes
Jericho Capital Asset Management L.P. reported a disclosed portfolio value of approximately $6.8 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 22.9% quarter on quarter. Over the quarter, the fund initiated 6 new positions, bought more shares in 6 holdings, trimmed 6 holdings, and exited 8 positions.
Jericho Capital Asset Management L.P.'s top buy was a new stake in Applied Matls INC (AMAT) , equal to 4.6% of the disclosed portfolio. Its top sell was Nvidia Corporation Com (NVDA) . The fund sold 67.5% of its previously reported shares, reducing the position's portfolio weight by 6.5 percentage points.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| APPLIED MATLS INC | AMAT | 4.6% | History → |
| KRATOS DEFENSE & SEC SOLUTIO | KTOS | 2.8% | Holders → |
| WESTERN DIGITAL CORP | WDC | 2.3% | Holders → |
| WORKIVA INC | WK | 2.2% | Holders → |
| TWILIO INC | TWLO | 1.3% | Holders → |
| LATTICE SEMICONDUCTOR CORP | LSCC | 0.3% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| LIONSGATE STUDIOS CORP | LION | +2.1% | +236.0% | Holders → |
| FOX CORPORATION CLASS A | FOXA | +3.3% | +124.9% | History → |
| NUTANIX INC | NTNX | +0.4% | +26.2% | Holders → |
| F5 INC | FFIV | +4.7% | +16.4% | History → |
| LIBERTY MEDIA CORP DEL | FWONK | +1.5% | +15.5% | History → |
| SNOWFLAKE INC | SNOW | +-0.4% | +1.0% | Holders → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| NVIDIA CORPORATION COM | NVDA | -6.5% | 67.5% | History → |
| DOCUSIGN INC | DOCU | -1.6% | 36.9% | Holders → |
| APPLOVIN CORP | APP | -6.2% | 20.0% | History → |
| ALPHABET CL A | GOOGL | -0.0% | 16.3% | History → |
| CORE SCIENTIFIC INC NEW | CORZ | 0.4% | 10.1% | Holders → |
| LIVE NATION ENTERTAINMENT IN | LYV | 2.4% | 1.7% | History → |
Full ExitsQ1 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 | 4.6% |
| CONFLUENT INC | 8QR | 3.8% |
| AFFIRM HLDGS INC | AFRM | 3.1% |
| META PLATFORMS INC | META | 3.0% |
| UPSTART HLDGS INC | UPST | 2.5% |
| AMBARELLA INC | AMBA | 1.3% |
| ZOOMINFO TECHNOLOGIES INC | GTM | 1.0% |
| SPORTRADAR GROUP AG | SRAD | 0.9% |
Net Portfolio Value ChangeQ1 2026
- $8.8BPrior quarter
- $6.8BCurrent quarter
- $-2.0BNet delta
- -22.9%% change
Methodology & FAQ
How Jericho Capital Asset Management L.P. Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Jericho Capital Asset Management L.P.: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Jericho Capital Asset Management L.P. buy in Q1 2026?
In Q1 2026, Jericho Capital Asset Management L.P. initiated 6 new positions (APPLIED MATLS INC (AMAT), KRATOS DEFENSE & SEC SOLUTIO (KTOS), WESTERN DIGITAL CORP (WDC), WORKIVA INC (WK), TWILIO INC (TWLO), LATTICE SEMICONDUCTOR CORP (LSCC)); bought more shares of LIONSGATE STUDIOS CORP (LION), FOX CORPORATION CLASS A (FOXA), NUTANIX INC (NTNX), F5 INC (FFIV), LIBERTY MEDIA CORP DEL (FWONK) — the largest 5 of 6 adds.
What stocks did Jericho Capital Asset Management L.P. sell in Q1 2026?
In Q1 2026, Jericho Capital Asset Management L.P. fully sold 8 positions (NETFLIX INC. (NFLX), CONFLUENT INC (8QR), AFFIRM HLDGS INC (AFRM), META PLATFORMS INC (META), UPSTART HLDGS INC (UPST), AMBARELLA INC (AMBA), ZOOMINFO TECHNOLOGIES INC (GTM), SPORTRADAR GROUP AG (SRAD)); reduced holdings in NVIDIA CORPORATION COM (NVDA), DOCUSIGN INC (DOCU), APPLOVIN CORP (APP), ALPHABET CL A (GOOGL), CORE SCIENTIFIC INC NEW (CORZ) — the largest 5 of 6 reductions.
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, 4.6%), KRATOS DEFENSE & SEC SOLUTIO (KTOS, 2.8%), WESTERN DIGITAL CORP (WDC, 2.3%), WORKIVA INC (WK, 2.2%), TWILIO INC (TWLO, 1.3%), LATTICE SEMICONDUCTOR CORP (LSCC, 0.3%).
Which existing positions saw the largest allocation increases for Jericho Capital Asset Management L.P. in Q1 2026?
Of 6 existing positions with share-count increases in Q1 2026, the largest were: LIONSGATE STUDIOS CORP (LION, +2.1% weight, +236.0% shares), FOX CORPORATION CLASS A (FOXA, +3.3% weight, +124.9% shares), NUTANIX INC (NTNX, +0.4% weight, +26.2% shares), F5 INC (FFIV, +4.7% weight, +16.4% shares), LIBERTY MEDIA CORP DEL (FWONK, +1.5% weight, +15.5% shares), SNOWFLAKE INC (SNOW, +-0.4% weight, +1.0% 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 4.6%), CONFLUENT INC (8QR, last-reported weight 3.8%), AFFIRM HLDGS INC (AFRM, last-reported weight 3.1%), META PLATFORMS INC (META, last-reported weight 3.0%), UPSTART HLDGS INC (UPST, last-reported weight 2.5%), AMBARELLA INC (AMBA, last-reported weight 1.3%), ZOOMINFO TECHNOLOGIES INC (GTM, last-reported weight 1.0%), SPORTRADAR GROUP AG (SRAD, last-reported weight 0.9%).
Which existing positions saw the largest allocation reductions for Jericho Capital Asset Management L.P. in Q1 2026?
Of 6 existing positions with share-count reductions in Q1 2026, the largest were: NVIDIA CORPORATION COM (NVDA, -6.5% weight, -67.5% shares), DOCUSIGN INC (DOCU, -1.6% weight, -36.9% shares), APPLOVIN CORP (APP, -6.2% weight, -20.0% shares), ALPHABET CL A (GOOGL, -0.0% weight, -16.3% shares), CORE SCIENTIFIC INC NEW (CORZ, 0.4% weight, -10.1% shares), LIVE NATION ENTERTAINMENT IN (LYV, 2.4% weight, -1.7% 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. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.