Managers / Q4 2022 · view latest →
JS Capital Management LLC
CIK 0001562668 · 888 SEVENTH AVENUE, NEW YORK, NY, 10106 · 212.655.7160
Summary
Js Capital Management LLC reported $379M in U.S.-listed holdings across 19 positions for Q4 2022.
The portfolio is heavily concentrated: PACK alone accounts for 46.4% of reported value.
Compared with Q3 2022, the fund opened 7 new positions and exited 8.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 93.3% · $354M
- ADR · 5.9% · $23M
- Tracking Stk · 0.4% · $1M
- Other · 0.4% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2022 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IBNICICI BANK LIMITED | NEW | +1.03M | 1.03M | +$23M | $23M |
| MGMMGM RESORTS INTERNATIONAL | NEW | +400.0K | 400.0K | +$13M | $13M |
| HLTHILTON WORLDWIDE HLDGS INC | NEW | +33.0K | 33.0K | +$4M | $4M |
| TWLOTWILIO INC | NEW | +70.0K | 70.0K | +$3M | $3M |
| FWONKUSDLIBERTY MEDIA CORP DEL | NEW | +25.0K | 25.0K | +$1M | $1M |
| STELLANTIS N.V | NEW | +100.0K | 100.0K | +$1M | $1M |
| HOGHARLEY DAVIDSON INC | NEW | +10.0K | 10.0K | +$416,000 | $416,000 |
| SNOWSNOWFLAKE INC | ADDED | +18.0K | 28.0K | +$2M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | PACKRANPAK HOLDINGS CORPhistory → | COM CL A | 46.44% | $176M | 30.53M |
| 2 | MSFTMICROSOFT CORPhistory → | COM | 8.22% | $31M | 130.0K |
| 3 | AMZNAMAZON COM INChistory → | COM | 7.75% | $29M | 350.0K |
| 4 | IBNICICI BANK LIMITEDhistory → | ADR | 5.95% | $23M | 1.03M |
| 5 | NFLXNETFLIX INChistory → | COM | 5.44% | $21M | 70.0K |
| 6 | SHWSHERWIN WILLIAMS COhistory → | COM | 5.01% | $19M | 80.0K |
| 7 | DTDYNATRACE INChistory → | COM NEW | 4.64% | $18M | 460.0K |
| 8 | SHOPSHOPIFY INChistory → | CL A | 3.84% | $15M | 420.0K |
| 9 | MGMMGM RESORTS INTERNATIONALhistory → | COM | 3.54% | $13M | 400.0K |
| 10 | QSQUANTUMSCAPE CORPhistory → | COM CL A | 3.04% | $12M | 2.04M |
| 11 | GOOGALPHABET INChistory → | CAP STK CL C | 1.38% | $5M | 59.0K |
| 12 | HLTHILTON WORLDWIDE HLDGS INChistory → | COM | 1.10% | $4M | 33.0K |
| 13 | SNOWSNOWFLAKE INChistory → | CL A | 1.06% | $4M | 28.0K |
| 14 | TWLOTWILIO INC | CL A | 0.90% | $3M | 70.0K |
| 15 | CUCAAVIS BUDGET GROUP | COM | 0.43% | $2M | 10.0K |
| 16 | FWONKUSDLIBERTY MEDIA CORP DEL | COM SER C FRMLA | 0.39% | $1M | 25.0K |
| 17 | CDLXEURCARDLYTICS INC | COM | 0.38% | $1M | 250.0K |
| 18 | STELLANTIS N.V | SHS | 0.37% | $1M | 100.0K |
| 19 | HOGHARLEY DAVIDSON INC | COM | 0.11% | $416,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $109M | 1 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $165M | 1 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $172M | 1 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $109M | 1 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $165M | 1 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $210M | 1 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $199M | 1 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $196M | 1 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $240M | 1 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $836M | 25 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $733M | 27 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $763M | 31 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $554M | 25 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $379M | 19 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $411M | 20 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $606M | 17 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $1.3B | 28 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $2.2B | 37 | Feb 16, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2021 | $1.7B | 39 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $2.1B | 37 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $1.9B | 137 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $2.1B | 137 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $1.9B | 137 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $1.3B | 143 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $795M | 125 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $868M | 119 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $735M | 90 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $683M | 74 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $475M | 37 | May 15, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $351M | 24 | Feb 14, 2019 | 13F-HR | changes · 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 ↗.