Jericho Capital Asset Management L.P.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Jericho Capital Asset Management L.P. reported 30 stock positions worth $9.6 billion. Its top holding was AppLovin Class A (APP) at 15.7% of the portfolio, followed by Warner Bros Discovery (WBD, 7.1%) and Alphabet Class A (GOOGL, 6.8%). Compared with Q2 2025, it opened 7 new positions, sold out of 7, added to 9 and reduced 6. The biggest buy was a new position in Alphabet Class A (GOOGL) and the biggest sale an exit from Oracle (ORCL).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001525234
- Portfolio Value
- $9.6B (Q3 2025)
- SEC Filing
- 0001172661-25-005043 ↗ filed Nov 14, 2025
Holdings Value
Holdings 30 stocks · $9.6B
| APP AppLovin Corp. Class A | 15.67% | 2,095,319 | $1.5B | No change |
| WBD Warner Bros Discovery Inc. | 7.13% | 35,095,390 | $685.4M | Add +108.9% |
| GOOGL Alphabet Inc. Class A | 6.79% | 2,684,000 | $652.5M | New |
| NBIS Nebius Group NV | 5.38% | 4,607,497 | $517.3M | Add +55.7% |
| NVDA Nvidia Corp. | 5.09% | 2,619,012 | $488.7M | No change |
| LYV Live Nation Entertainment Inc. | 4.93% | 2,897,162 | $473.4M | No change |
| MDB Mongodb Inc. | 4.45% | 1,378,540 | $427.9M | Add +162.1% |
| HPE Hewlett Packard Enterprise | 4.34% | 16,974,768 | $416.9M | New |
| FWONK Liberty Media Corp. Class C | 4.19% | 3,854,396 | $402.6M | No change |
| META Meta Platforms Inc. Class A | 3.99% | 521,858 | $383.2M | Add +31.2% |
| DOCU Docusign Inc. | 3.57% | 4,754,753 | $342.8M | No change |
| UBER Uber Technologies Inc. | 3.21% | 3,150,000 | $308.6M | Reduce -25.4% |
| CIEN Ciena Corp. | 3.01% | 1,983,000 | $288.9M | Add +48.5% |
| NFLX Netflix Inc. | 2.98% | 239,000 | $286.5M | Reduce -39.0% |
| INTU Intuit Inc. | 2.78% | 391,000 | $267.0M | New |
| AFRM Affirm Holdings Inc. | 2.55% | 3,350,248 | $244.8M | Reduce -8.5% |
| UPST Upstart Holdings Inc. | 2.37% | 4,480,809 | $227.6M | Add +22.6% |
| CORZ Core Scientific Inc. | 2.18% | 11,699,823 | $209.9M | New |
| TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC | 2.07% | 4,067,000 | $199.3M | Add +86.3% |
| TWLO Twilio Inc. Class A | 2.05% | 1,970,978 | $197.3M | Reduce -31.1% |
| NTNX Nutanix Inc. Class A | 1.89% | 2,441,481 | $181.6M | No change |
| SPHR Sphere Entertainment Co. | 1.75% | 2,705,615 | $168.1M | Reduce -3.6% |
| CFLT Confluent Inc. Class A | 1.70% | 8,266,000 | $163.7M | New |
| MSGE Madison Square Garden Entert | 1.36% | 2,885,724 | $130.6M | No change |
| AMBA Ambarella Inc. | 1.04% | 1,213,347 | $100.1M | Add +10.5% |
| GTM Zoominfo Technologies Inc. | 1.00% | 8,793,670 | $95.9M | Add +16.8% |
| AD Array Digital Infrastructure | 0.95% | 1,815,844 | $90.8M | No change |
| CRDO Credo Technology Group Holdi | 0.94% | 621,000 | $90.4M | New |
| FUN Six Flags Entertainment Corp. | 0.62% | 2,616,300 | $59.4M | Reduce 0.0% |
| STUB Stubhub Holdings Inc. Class A | 0.01% | 75,000 | $1.3M | New |
Portfolio Sells Q2 2025 → Q3 2025
| ORCL Oracle Corp. | Sold out | 0.00% | −6.13 |
| NFLX Netflix Inc. | Reduce -39.0% | 2.98% | −4.01 |
| ANSS Ansys Inc. | Sold out | 0.00% | −3.33 |
| ARM Arm Holdings PLC-ADR | Sold out | 0.00% | −2.81 |
| TWLO Twilio Inc. Class A | Reduce -31.1% | 2.05% | −2.68 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −2.64 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −2.42 |
| UBER Uber Technologies Inc. | Reduce -25.4% | 3.21% | −2.04 |
| CLS Celestica Inc. | Sold out | 0.00% | −2.00 |
| DT Dynatrace Inc. | Sold out | 0.00% | −1.89 |
| AFRM Affirm Holdings Inc. | Reduce -8.5% | 2.55% | −0.82 |
| FUN Six Flags Entertainment Corp. | Reduce 0.0% | 0.62% | −0.44 |
| SPHR Sphere Entertainment Co. | Reduce -3.6% | 1.75% | +0.19 |
Portfolio Buys Q2 2025 → Q3 2025
| GOOGL Alphabet Inc. Class A | New | 6.79% | +6.79 |
| WBD Warner Bros Discovery Inc. | Add +108.9% | 7.13% | +4.57 |
| HPE Hewlett Packard Enterprise | New | 4.34% | +4.34 |
| NBIS Nebius Group NV | Add +55.7% | 5.38% | +3.20 |
| MDB Mongodb Inc. | Add +162.1% | 4.45% | +2.98 |
| INTU Intuit Inc. | New | 2.78% | +2.78 |
| CORZ Core Scientific Inc. | New | 2.18% | +2.18 |
| CFLT Confluent Inc. Class A | New | 1.70% | +1.70 |
| CIEN Ciena Corp. | Add +48.5% | 3.01% | +1.56 |
| CRDO Credo Technology Group Holdi | New | 0.94% | +0.94 |
| META Meta Platforms Inc. Class A | Add +31.2% | 3.99% | +0.08 |
| AMBA Ambarella Inc. | Add +10.5% | 1.04% | +0.08 |
| STUB Stubhub Holdings Inc. Class A | New | 0.01% | +0.01 |
| GTM Zoominfo Technologies Inc. | Add +16.8% | 1.00% | −0.02 |
| TTD Trade Desk Inc./the Class A | Add +86.3% | 2.07% | −0.02 |
| UPST Upstart Holdings Inc. | Add +22.6% | 2.37% | −0.78 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 29 | $12.1B | FFIV, APP, LYV, FOXA, CORZ |
| Q1 2026 | 23 | $6.8B | FFIV, APP, CIEN, LYV, FWONK |
| Q4 2025 | 25 | $8.8B | APP, NVDA, FFIV, LYV, FWONK |
| Q3 2025 | 30 | $9.6B | APP, WBD, GOOGL, NBIS, NVDA |
| Q2 2025 | 30 | $7.5B | APP, NFLX, ORCL, LYV, NVDA |
| Q1 2025 | 23 | $5.5B | APP, NFLX, UBER, LYV, DOCU |
| Q4 2024 | 29 | $7.0B | APP, NFLX, DOCU, LYV, IBIT |
| Q3 2024 | 24 | $4.1B | NFLX, APP, NVDA, META, LYV |
| Q2 2024 | 22 | $3.3B | NVDA, APP, NFLX, META, TTD |
| Q1 2024 | 27 | $3.7B | NFLX, APP, NTNX, NVDA, DKNG |