Jericho Capital Asset Management L.P.

Hedge Fund • Long/Short

Jericho Capital Asset Management L.P. is a Long/Short Hedge Fund based in New York, NY led by Emer O'Hanlon, managing $9.6B across 30 long positions as of Q3 2025 with 55% Technology concentration, 62% concentrated in top 10 holdings, 16% allocation to APP, and 54% technology allocation.

CFOEmer O'Hanlon

Portfolio Value: $9.6B
Positions: 30
Top Holding: APP at 15.67%
Last Reported: Q3 2025

Address510 Madison Avenue, 27th Floor, New York, NY, 10022, United States

Top Holdings

Largest long holdings in Jericho Capital Asset Management L.P.'s portfolio (62% of total portfolio)

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Holding	Sector	Position	Weight	Traded	Ownership	Owned Since
1 Applovin Corporation APP	Software - Application Technology	$1.5B	15.67%	—	0.62% 2.1M shares	Q4 2023 Held for 1y 11m
2 Warner Bros. Discovery, Inc. WBD	Entertainment Communication Services	$685.4M	7.13%	+$357.2M Bought	1.42% 35.1M shares	Q3 2024 Held for 1y 2m
3 Alphabet Inc. GOOGL	Internet Content & Information Communication Services	$652.5M	6.79%	+$652.5M Bought	0.02% 2.7M shares	Q3 2025 Held for 2 months
4 Nebius Group N.V. NBIS	Unknown Unknown	$517.3M	5.38%	+$185.1M Bought	1.85% 4.6M shares	Q2 2025 Held for 5 months
5 Nvidia NVDA	Semiconductors Technology	$488.7M	5.09%	—	0.01% 2.6M shares	Q1 2023 Held for 2y 8m
6 Live Nation Entertainment LYV	Entertainment Communication Services	$473.4M	4.93%	—	1.25% 2.9M shares	Q2 2023 Held for 2y 5m
7 MongoDB MDB	Software - Infrastructure Technology	$427.9M	4.45%	+$264.6M Bought	1.69% 1.4M shares	Q1 2025 Held for 8 months
8 Hewlett Packard Enterprise HPE	Communication Equipment Technology	$416.9M	4.34%	+$416.9M New	1.29% 17.0M shares	Q3 2025 Held for 2 months
9 Liberty Media Corporation FWONK	Entertainment Communication Services	$402.6M	4.19%	—	1.54% 3.9M shares	Q4 2023 Held for 1y 11m
10 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$383.2M	3.99%	+$91.1M Bought	0.02% 521.9K shares	Q1 2023 Held for 2y 8m

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Changes

Portfolio activity, position movements, and quarter-over-quarter changes in Jericho Capital Asset Management L.P.'s latest filing

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Market Value

$9.6B

Prior: $7.5B

Q/Q Change

+28.01%

+$2.1B

Net Flows % of MV

-3.81%

Turnover Ratio

26.84%

New Purchases

4 stocks

$599.4M

Added To

9 stocks

+$1.2B

Sold Out Of

8 stocks

$1.7B

Reduced Holdings

6 stocks

-$406.4M

Increased Positions

Position	Shares Δ	Change
1 Hewlett Packard Enterprise HPE	New	0 → 17.0M +$416.9M
2 AD Advo AD	New	0 → 1.8M +$90.8M
3 Credo Technology Group Holding Ltd CRDO	New	0 → 621.0K +$90.4M
4 STUB StubHub Holdings, Inc. STUB	New	0 → 75.0K +$1.3M
5 MongoDB MDB	+162.08%	526.0K → 1.4M +$264.6M

Decreased Positions

Position	Shares Δ	Change
1 Oracle ORCL	Sold	2.1M → 0 −$460.2M
2 Ansys ANSS	Sold	712.0K → 0 −$250.1M
3 Arm Holdings ARM	Sold	1.3M → 0 −$211.3M
4 Qorvo QRVO	Sold	2.3M → 0 −$198.2M
5 Snowflake SNOW	Sold	811.1K → 0 −$181.5M