SEC 13F Intelligence

Managers / Q4 2021 · view latest →

JS Capital Management LLC

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

Reported Value
$2.2B
Q4 2021
Positions
37
Filings on Record
31
2019–present window
Filed
Feb 16, 2022
amendment (RESTATEMENT)

Summary

Js Capital Management LLC reported $2.2B in U.S.-listed holdings across 37 positions for Q4 2021.

The portfolio is heavily concentrated: PACK alone accounts for 52.2% of reported value.

Compared with Q3 2021, the fund opened 10 new positions and exited 12.

Portfolio Metrics

Turnover
+9.3%
vs prior filed quarter
Top-10 Concentration
+79.9%
share of reported value
Largest Position
+52.2%
Ranpak
New / Exited
10 / 12
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: 94.6%Other: 4.0%ADR: 1.4%
  • Common Stock · 94.6% · $2.1B
  • Other · 4.0% · $87M
  • ADR · 1.4% · $31M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HTZHERTZ GLOBAL HLDGS INCNEW+3.02M3.02M+$76M$76M
DIDIYDIDI GLOBAL INCNEW+6.15M6.15M+$31M$31M
PLNTPLANET FITNESS INCNEW+315.0K315.0K+$29M$29M
GRAB HOLDINGS LIMITEDNEW+3.75M3.75M+$27M$27M
MAMASTERCARD INCORPORATEDNEW+60.0K60.0K+$22M$22M
PARDES BIOSCIENCES INCNEW+1.00M1.00M+$16M$16M
HLTHILTON WORLDWIDE HLDGS INCNEW+50.0K50.0K+$8M$8M
GTLBGITLAB INCNEW+80.0K80.0K+$7M$7M

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

Holdings — Q4 2021

36 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PACKRANPAK HOLDINGS CORPhistory →COM CL A52.15%$1.1B30.53M
2SNOWSNOWFLAKE INChistory →CL A9.22%$203M598.8K
3TXG10X GENOMICS INChistory →CL A COM3.66%$81M540.6K
4HTZHERTZ GLOBAL HLDGS INChistory →COM NEW3.43%$76M3.02M
5MGMMGM RESORTS INTERNATIONALhistory →COM2.32%$51M1.14M
6EXPEEXPEDIA GROUP INChistory →COM NEW2.22%$49M270.0K
7QSQUANTUMSCAPE CORPhistory →COM CL A2.05%$45M2.04M
8AMZNAMAZON COM INChistory →COM1.82%$40M12.0K
9MSFTMICROSOFT CORPhistory →COM1.61%$35M105.0K
10GOOGALPHABET INChistory →CAP STK CL C1.45%$32M11.0K
11DIDIYDIDI GLOBAL INChistory →SPONSORED ADS1.39%$31M6.15M
12PLANUSDANAPLAN INChistory →COM1.39%$30M665.0K
13DTDYNATRACE INChistory →COM NEW1.34%$30M490.0K
14PLNTPLANET FITNESS INChistory →CL A1.30%$29M315.0K
15GRAB HOLDINGS LIMITEDCLASS A ORD · W EXP 12/01/20261.29%$28M4.50M
16CVNACARVANA COhistory →CL A1.26%$28M120.0K
17CDLXEURCARDLYTICS INChistory →COM1.26%$28M420.0K
18LYVLIVE NATION ENTERTAINMENT INhistory →COM1.25%$28M230.0K
19MAMASTERCARD INCORPORATEDhistory →CL A0.98%$22M60.0K
20CLARIVATE PLCORD SHS0.97%$21M910.0K
21NFLXNETFLIX INChistory →COM0.93%$20M34.0K
22TWLOTWILIO INChistory →CL A0.79%$17M66.0K
23SHOPSHOPIFY INChistory →CL A0.75%$17M12.0K
24PARDES BIOSCIENCES INCCOM0.74%$16M1.00M
25ALTIMETER GROWTH CORP 2COM CL A0.67%$15M1.50M
26PYPLPAYPAL HLDGS INChistory →COM0.64%$14M75.0K
27TWTRUSDTWITTER INChistory →COM0.55%$12M280.0K
28SOMALOGIC INCCLASS A COM0.53%$12M1.00M
29METAMETA PLATFORMS INChistory →CL A0.46%$10M30.0K
30HLTHILTON WORLDWIDE HLDGS INCCOM0.35%$8M50.0K
31GTLBGITLAB INCCLASS A COM0.32%$7M80.0K
32RIBBIT LEAP LTDUNIT 99/99/99990.23%$5M519.2K
33COUPEURCOUPA SOFTWARE INCCOM0.22%$5M30.0K
34SMFRUSDSEMA4 HOLDINGS CORPCOM CL A0.20%$4M1.00M
35IPOAGBPVIRGIN GALACTIC HOLDINGS INCCOM0.18%$4M302.6K
36GEMINI THERAPEUTICS INCCOM0.06%$1M474.5K

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 ↗.