SEC 13F Intelligence

Managers / Q1 2019 · view latest →

JS Capital Management LLC

CIK 0001562668 · 888 SEVENTH AVENUE, NEW YORK, NY, 10106 · 212.655.7160

Reported Value
$475M
Q1 2019
Positions
37
Filings on Record
31
2019–present window
Filed
May 15, 2019
original filing

Summary

Js Capital Management LLC reported $475M in U.S.-listed holdings across 37 positions for Q1 2019.

Its largest position, NFLX, represents 10.4% of the portfolio.

Compared with Q4 2018, the fund opened 23 new positions and exited 10.

Portfolio Metrics

Turnover
+14.4%
vs prior filed quarter
Top-10 Concentration
+76.9%
share of reported value
Largest Position
+10.4%
Netflix
New / Exited
23 / 10
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $351MQ4 ’18Q1 ’19: $475MQ2 ’19: $683MQ3 ’19: $735MQ4 ’19: $868MQ4 ’19Q1 ’20: $795MQ2 ’20: $1.3BQ3 ’20: $1.9BQ4 ’20: $2.1BQ4 ’20Q1 ’21: $1.9BQ2 ’21: $2.1BQ3 ’21: $1.7BQ4 ’21: $2.2BQ4 ’21Q1 ’22: $1.3BQ2 ’22: $606MQ3 ’22: $411MQ4 ’22: $379MQ4 ’22Q1 ’23: $554MQ2 ’23: $763MQ3 ’23: $733MQ4 ’23: $836MQ4 ’23Q1 ’24: $240MQ2 ’24: $196MQ3 ’24: $199MQ4 ’24: $210MQ4 ’24Q1 ’25: $165MQ2 ’25: $109MQ3 ’25: $172MQ4 ’25: $165MQ4 ’25Q1 ’26: $109Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 76.5%ADR: 13.6%ETP: 5.3%Other: 4.7%
  • Common Stock · 76.5% · $364M
  • ADR · 13.6% · $64M
  • ETP · 5.3% · $25M
  • Other · 4.7% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CHURCHILL CAP CORPNEW+848.1K848.1K+$11M$11M
FERRARI N VNEW+70.0K70.0K+$9M$9M
TWLOTWILIO INCNEW+60.0K60.0K+$8M$8M
GWREGUIDEWIRE SOFTWARE INCNEW+65.0K65.0K+$6M$6M
PANWPALO ALTO NETWORKS INCNEW+25.0K25.0K+$6M$6M
DHID R HORTON INCNEW+95.0K95.0K+$4M$4M
EFXEQUIFAX INCNEW+20.0K20.0K+$2M$2M
LEVILEVI STRAUSS & CO NEWNEW+100.0K100.0K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

37 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NFLXNETFLIX INChistory →COM10.42%$50M139.0K
2DISDISNEY WALT COhistory →COM DISNEY9.34%$44M400.1K
3BABAALIBABA GROUP HLDG LTDhistory →SPONSORED ADS9.32%$44M243.0K
4EXPEEXPEDIA GROUP INChistory →COM NEW9.19%$44M367.4K
5METAFACEBOOK INChistory →CL A7.08%$34M202.0K
6HLTHILTON WORLDWIDE HLDGS INChistory →COM6.87%$33M393.0K
7AMZNAMAZON COM INChistory →COM6.74%$32M18.0K
8MSFTMICROSOFT CORPhistory →COM6.66%$32M268.6K
9GOOGALPHABET INChistory →CAP STK CL C6.17%$29M25.0K
10SPDR S&P 500 ETF TRTR UNIT5.13%$24M86.3K
11DAYCERIDIAN HCM HLDG INChistory →COM3.78%$18M350.0K
12CVNACARVANA COhistory →CL A3.30%$16M270.5K
13IBNICICI BK LTDhistory →ADR3.28%$16M1.36M
14CHURCHILL CAP CORPCOM CL A2.40%$11M848.1K
15FERRARI N VCOM1.97%$9M70.0K
16TWLOTWILIO INChistory →CL A1.63%$8M60.0K
17GWREGUIDEWIRE SOFTWARE INChistory →COM1.33%$6M65.0K
18PANWPALO ALTO NETWORKS INChistory →COM1.28%$6M25.0K
19DHID R HORTON INCCOM0.83%$4M95.0K
20EFXEQUIFAX INCCOM0.50%$2M20.0K
21LEVILEVI STRAUSS & CO NEWCL A COM STK0.50%$2M100.0K
222655787DBLUEPRINT MEDICINES CORPCOM0.42%$2M25.0K
23PEGAPEGASYSTEMS INCCOM0.22%$1M16.4K
24GGALGRUPO FINANCIERO GALICIA S ASPONSORED ADR0.22%$1M40.2K
25BMABANCO MACRO SASPON ADR B0.22%$1M22.4K
26YPF SOCIEDAD ANONIMASPON ADR CL D0.22%$1M73.0K
27WWEUSDWORLD WRESTLING ENTMT INCCL A0.18%$868,00010.0K
28ISHARES TRNASDAQ BIOTECH0.14%$671,0006.0K
29PAMPAMPA ENERGIA S ASPONS ADR LVL I0.14%$659,00023.9K
30GLOBANT S ACOM0.12%$578,0008.1K
31BROOKFIELD PROPERTY REIT INCCL A0.10%$494,00024.1K
32SPOTIFY TECHNOLOGY S ASHS0.09%$416,0003.0K
33BBVA BANCO FRANCES S ASPONSORED ADR0.06%$301,00031.7K
34CHS1USDCHICOS FAS INCCOM0.05%$217,00050.8K
35TEOTELECOM ARGENTINA S ASPON ADR REP B0.04%$207,00014.2K
36TRANSPORTADORA DE GAS SURSPONSORED ADS B0.04%$190,00014.4K
37CEPUCENTRAL PUERTO S ASPONSORED ADR0.02%$100,00010.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$109M1May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$165M1Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$172M1Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$109M1Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$165M1May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$210M1Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$199M1Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$196M1Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$240M1May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$836M25Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$733M27Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$763M31Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$554M25May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$379M19Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$411M20Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$606M17Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.3B28May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B37Feb 16, 2022RESTATEMENTchanges · EDGAR ↗
Q3 2021$1.7B39Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.1B37Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.9B137May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.1B137Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.9B137Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B143Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$795M125May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$868M119Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$735M90Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$683M74Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$475M37May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$351M24Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.