SEC 13F Intelligence

Managers / Q4 2020 · view latest →

JS Capital Management LLC

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

Reported Value
$2.1B
Q4 2020
Positions
137
Filings on Record
31
2019–present window
Filed
Feb 16, 2021
original filing

Summary

Js Capital Management LLC reported $2.1B in U.S.-listed holdings across 137 positions for Q4 2020.

Its largest position, PACK, represents 19.3% of the portfolio.

Compared with Q3 2020, the fund opened 87 new positions and exited 87.

Portfolio Metrics

Turnover
+55.9%
vs prior filed quarter
Top-10 Concentration
+61.3%
share of reported value
Largest Position
+19.3%
Ranpak
New / Exited
87 / 87
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 70.0%Other: 28.5%ADR: 1.3%ETP: 0.2%Ltd Part: 0.0%Other: 0.0%
  • Common Stock · 70.0% · $1.5B
  • Other · 28.5% · $595M
  • ADR · 1.3% · $28M
  • ETP · 0.2% · $3M
  • Ltd Part · 0.0% · $563,000
  • Other · 0.0% · $374,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
QSQUANTUMSCAPE CORPNEW+3.32M3.32M+$280M$280M
ISHARES TRNEW+2.18M2.18M+$190M$190M
CONTEXTLOGIC INCNEW+10.40M10.40M+$190M$190M
ISHARES TRNEW+215.0K215.0K+$42M$42M
LYVLIVE NATION ENTERTAINMENT INNEW+490.0K490.0K+$36M$36M
ALTIMETER GROWTH CORPNEW+2.50M2.50M+$33M$33M
JDJD.COM INCNEW+235.2K235.2K+$21M$21M
DRAGONEER GROWTH OPPORTUN CONEW+1.31M1.31M+$16M$16M

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

Holdings — Q4 2020

135 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PACKRanpak Holdings Corphistory →COM CL A19.27%$403M29.98M
2QSQUANTUMSCAPE CORPhistory →COM CL A13.39%$280M3.32M
3CONTEXTLOGIC INCCOM CL A9.08%$190M10.40M
4TXG10X GENOMICS INChistory →CL A COM4.06%$85M599.4K
5CDLXEURCARDLYTICS INChistory →COM3.70%$77M541.1K
6CLARIVATE PLCORD SHS3.52%$74M2.48M
7EXPEEXPEDIA GROUP INChistory →COM NEW2.66%$56M420.0K
8MGMMGM RESORTS INTERNATIONALhistory →COM1.88%$39M1.25M
9AMZNAMAZON COM INChistory →COM1.87%$39M12.0K
10DFSEURDISCOVER FINL SVCShistory →COM1.85%$39M428.0K
11LYVLIVE NATION ENTERTAINMENT INhistory →COM1.72%$36M490.0K
12CVNACARVANA COhistory →CL A1.66%$35M145.0K
13DISDISNEY WALT COhistory →COM1.65%$34M190.0K
14ALTIMETER GROWTH CORPCL A1.55%$33M2.50M
15PLANUSDANAPLAN INChistory →COM1.44%$30M420.0K
16JPMJPMORGAN CHASE & COhistory →COM1.40%$29M230.0K
17COLDEURAMERICOLD RLTY TRhistory →COM1.39%$29M780.2K
18NFLXNETFLIX INChistory →COM1.29%$27M50.0K
19SPOTIFY TECHNOLOGY S ASHS1.28%$27M85.0K
20METAFACEBOOK INChistory →CL A1.24%$26M95.0K
21FISFIDELITY NATL INFORMATION SVhistory →COM1.22%$25M180.0K
22MSFTMICROSOFT CORPhistory →COM1.03%$22M96.9K
23SHOPSHOPIFY INChistory →CL A1.03%$22M19.0K
24JDJD.COM INChistory →SPON ADR CL A0.99%$21M235.2K
25AEOAMERICAN EAGLE OUTFITTERS INhistory →COM0.96%$20M1.00M
26DRAGONEER GROWTH OPPORTUN COCOM CL A0.76%$16M1.31M
27TWLOTWILIO INChistory →CL A0.58%$12M36.0K
28PYPLPAYPAL HLDGS INChistory →COM0.57%$12M51.2K
29BKNGBOOKING HOLDINGS INCCOM0.43%$9M4.0K
30CTXSEURCITRIX SYS INCCOM0.37%$8M60.0K
31COUPEURCOUPA SOFTWARE INCCOM0.37%$8M23.0K
32HLTHILTON WORLDWIDE HLDGS INCCOM0.37%$8M70.0K
33RIBBIT LEAP LTDUNIT 99/99/99990.37%$8M519.2K
34SESEA LTDSPONSORD ADS0.35%$7M37.0K
35FS DEV CORPCOM CL A0.25%$5M474.5K
3617 ED & TECHNOLOGY GROUP INCADS0.25%$5M400.6K
37DTDYNATRACE INCCOM NEW0.21%$4M102.4K
38ORLYOREILLY AUTOMOTIVE INCCOM0.17%$4M8.0K
39ISHARES TRNASDAQ BIOTECH0.16%$3M21.5K
40FORFORESTAR GROUP INCCOM0.14%$3M146.4K
41JAWS ACQUISITION CORPSHS0.13%$3M200.0K
42DAYCERIDIAN HCM HLDG INCCOM0.10%$2M20.0K
43SPX CORPPUT0.07%$1M27.5K
44CPE*CALLON PETE CO DELCOM0.06%$1M95.6K
45ROLROLLINS INCCOM0.05%$1M28.4K
46S9QSPIRIT AEROSYSTEMS HLDGS INCCOM CL A0.05%$1M26.4K
47TMOTHERMO FISHER SCIENTIFIC INCCOM0.05%$1M2.2K
48CITUSDCIT GROUP INCCOM NEW0.05%$991,00027.6K
49TG7TRIUMPH GROUP INC NEWCOM0.05%$952,00075.8K
50GMEGAMESTOP CORP NEWCL A0.05%$950,00050.4K
51FLRFLUOR CORP NEWCOM0.04%$907,00056.8K
52BBBYEURBED BATH & BEYOND INCCOM0.04%$874,00049.2K
53USX1UNITED STATES STL CORP NEWCOM0.04%$869,00051.8K
54LBEURL BRANDS INCCOM0.04%$830,00022.3K
55ISRGINTUITIVE SURGICAL INCCOM NEW0.04%$818,0001.0K
56G2CEVERI HLDGS INCCOM0.04%$802,00058.1K
57HUMHUMANA INCCOM0.04%$738,0001.8K
58CHDCHURCH & DWIGHT INCCOM0.04%$733,0008.4K
59SMSM ENERGY COCOM0.03%$723,000118.2K
60PLANTRONICS INC NEWCOM0.03%$692,00025.6K
61ZTSZOETIS INCCL A0.03%$629,0003.8K
62ATDALLEGHENY TECHNOLOGIES INCCOM0.03%$622,00037.1K
63INVITAE CORPCOM0.03%$610,00014.6K
64HWMHOWMET AEROSPACE INCCOM0.03%$608,00021.3K
65JWNUSDNORDSTROM INCCOM0.03%$602,00019.3K
66KKRKKR & CO INCCOM0.03%$591,00014.6K
67SBGIUSDSINCLAIR BROADCAST GROUP INCCL A0.03%$583,00018.3K
68GIIIG III APPAREL GROUP LTDCOM0.03%$582,00024.5K
69SGRYSURGERY PARTNERS INCCOM0.03%$580,00020.0K
70LHCGUSDLHC GROUP INCCOM0.03%$576,0002.7K
71CNKCINEMARK HLDGS INCCOM0.03%$564,00032.4K
72FTAIEURFORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.03%$563,00024.0K
73AALAMERICAN AIRLS GROUP INCCOM0.03%$558,00035.4K
74NORWEGIAN CRUISE LINE HLDG LSHS0.03%$557,00021.9K
75NABORS INDUSTRIES LTDSHS0.03%$553,0009.5K
76MMACYS INCCOM0.03%$551,00049.0K
77RDNRADIAN GROUP INCCOM0.03%$537,00026.5K
78REZIRESIDEO TECHNOLOGIES INCCOM0.03%$536,00025.2K
79SABRSABRE CORPCOM0.03%$534,00044.4K
80HERBALIFE NUTRITION LTDCOM SHS0.03%$529,00011.0K
81KHCKRAFT HEINZ COCOM0.03%$527,00015.2K
82NAVINAVIENT CORPORATIONCOM0.03%$524,00053.4K
83AHCOADAPTHEALTH CORPCOM CL A0.02%$515,00013.7K
84DALDELTA AIR LINES INC DELCOM NEW0.02%$499,00012.4K
85SAMBOSTON BEER INCCL A0.02%$497,000500
86POOLPOOL CORPCOM0.02%$484,0001.3K
87CALCALERES INCCOM0.02%$481,00030.7K
888LP1LAREDO PETROLEUM INCCOM0.02%$479,00024.3K
89MDPUSDMEREDITH CORPCOM0.02%$472,00024.6K
90DBDEURDIEBOLD NXDF INCCOM0.02%$441,00041.4K
91ZMZOOM VIDEO COMMUNICATIONS INCL A0.02%$439,0001.3K
92COTYCOTY INCCOM CL A0.02%$416,00059.3K
93BUWABIO RAD LABS INCCL A0.02%$408,000700
94TEN1TENNECO INCCL A VTG COM STK0.02%$406,00038.3K
95HORIZON THERAPEUTICS PUB LSHS0.02%$395,0005.4K
96CTLTEURCATALENT INCCOM0.02%$395,0003.8K
97OIIOCEANEERING INTL INCCOM0.02%$370,00046.6K
98SDCCQSMILEDIRECTCLUB INCCL A COM0.02%$363,00030.4K
99CRMSALESFORCE COM INCCOM0.02%$356,0001.6K
100CYHCOMMUNITY HEALTH SYS INC NEWCOM0.02%$356,00047.9K

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 ↗.