Jericho Capital Asset Management L.P.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Jericho Capital Asset Management L.P. reported 25 stock positions worth $8.8 billion. Its top holding was AppLovin Class A (APP) at 16.1% of the portfolio, followed by Nvidia (NVDA, 10.8%) and F5 (FFIV, 6.6%). Compared with Q3 2025, it opened 5 new positions, sold out of 10, added to 11 and reduced 5. The biggest buy was a new position in F5 (FFIV) and the biggest sale an exit from Warner Bros Discovery (WBD).
- Most Recent 13F
- Q2 2026
- Location
- LOS ANGELES, CA
- CIK
- 0001525234
- Portfolio Value
- $8.8B (Q4 2025)
- SEC Filing
- 0001172661-26-001142 ↗ filed Feb 17, 2026
Holdings Value
Holdings 25 stocks · $8.8B
| APP AppLovin Corp. Class A | 16.09% | 2,095,319 | $1.4B | No change |
| NVDA Nvidia Corp. | 10.76% | 5,063,012 | $944.3M | Add +93.3% |
| FFIV F5 Inc. | 6.60% | 2,271,013 | $579.7M | New |
| LYV Live Nation Entertainment Inc. | 6.49% | 3,996,512 | $569.5M | Add +38.0% |
| FWONK Liberty Media Corp. Class C | 5.10% | 4,542,396 | $447.5M | Add +17.9% |
| MDB Mongodb Inc. | 4.77% | 996,540 | $418.2M | Reduce -27.7% |
| GOOGL Alphabet Inc. Class A | 4.76% | 1,336,000 | $418.2M | Reduce -50.2% |
| NFLX Netflix Inc. | 4.63% | 4,332,000 | $406.2M | Add +81.3% |
| CIEN Ciena Corp. | 4.41% | 1,656,172 | $387.3M | Reduce -16.5% |
| SNOW Snowflake Inc. | 3.94% | 1,575,580 | $345.6M | New |
| CFLT Confluent Inc. Class A | 3.82% | 11,094,000 | $335.5M | Add +34.2% |
| DOCU Docusign Inc. | 3.71% | 4,754,753 | $325.2M | No change |
| AFRM Affirm Holdings Inc. | 3.05% | 3,601,248 | $268.0M | Add +7.5% |
| META Meta Platforms Inc. Class A | 2.99% | 397,858 | $262.6M | Reduce -23.8% |
| SPHR Sphere Entertainment Co. | 2.82% | 2,605,615 | $247.7M | Reduce -3.7% |
| UPST Upstart Holdings Inc. | 2.50% | 5,011,809 | $219.2M | Add +11.8% |
| FOXA Fox Corp. Class A | 2.48% | 2,973,000 | $217.2M | New |
| MSGE Madison Square Garden Entert | 2.25% | 3,662,724 | $197.4M | Add +26.9% |
| CORZ Core Scientific Inc. | 2.16% | 13,038,619 | $189.8M | Add +11.4% |
| NTNX Nutanix Inc. Class A | 1.83% | 3,107,481 | $160.6M | Add +27.3% |
| AMBA Ambarella Inc. | 1.28% | 1,587,081 | $112.4M | Add +30.8% |
| AD Array Digital Infrastructure | 1.11% | 1,815,844 | $97.4M | No change |
| GTM Zoominfo Technologies Inc. | 1.02% | 8,793,670 | $89.4M | No change |
| SRAD Sportradar Group AG-A | 0.86% | 3,160,174 | $75.1M | New |
| LION Lionsgate Studios Corp. | 0.58% | 5,599,000 | $51.1M | New |
Portfolio Sells Q3 2025 → Q4 2025
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −7.13 |
| NBIS Nebius Group NV | Sold out | 0.00% | −5.38 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −4.34 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −3.21 |
| INTU Intuit Inc. | Sold out | 0.00% | −2.78 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −2.07 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −2.05 |
| GOOGL Alphabet Inc. Class A | Reduce -50.2% | 4.76% | −2.03 |
| META Meta Platforms Inc. Class A | Reduce -23.8% | 2.99% | −1.00 |
| CRDO Credo Technology Group Holdi | Sold out | 0.00% | −0.94 |
| FUN Six Flags Entertainment Corp. | Sold out | 0.00% | −0.62 |
| STUB Stubhub Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| MDB Mongodb Inc. | Reduce -27.7% | 4.77% | +0.31 |
| SPHR Sphere Entertainment Co. | Reduce -3.7% | 2.82% | +1.07 |
| CIEN Ciena Corp. | Reduce -16.5% | 4.41% | +1.41 |
Portfolio Buys Q3 2025 → Q4 2025
| FFIV F5 Inc. | New | 6.60% | +6.60 |
| NVDA Nvidia Corp. | Add +93.3% | 10.76% | +5.67 |
| SNOW Snowflake Inc. | New | 3.94% | +3.94 |
| FOXA Fox Corp. Class A | New | 2.48% | +2.48 |
| CFLT Confluent Inc. Class A | Add +34.2% | 3.82% | +2.12 |
| NFLX Netflix Inc. | Add +81.3% | 4.63% | +1.65 |
| LYV Live Nation Entertainment Inc. | Add +38.0% | 6.49% | +1.56 |
| FWONK Liberty Media Corp. Class C | Add +17.9% | 5.10% | +0.91 |
| MSGE Madison Square Garden Entert | Add +26.9% | 2.25% | +0.89 |
| SRAD Sportradar Group AG-A | New | 0.86% | +0.86 |
| LION Lionsgate Studios Corp. | New | 0.58% | +0.58 |
| AFRM Affirm Holdings Inc. | Add +7.5% | 3.05% | +0.51 |
| AMBA Ambarella Inc. | Add +30.8% | 1.28% | +0.24 |
| UPST Upstart Holdings Inc. | Add +11.8% | 2.50% | +0.13 |
| CORZ Core Scientific Inc. | Add +11.4% | 2.16% | −0.02 |
| NTNX Nutanix Inc. Class A | Add +27.3% | 1.83% | −0.06 |
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 |