SEC 13F Intelligence

Managers / Q2 2023 · view latest →

JS Capital Management LLC

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

Reported Value
$763M
Q2 2023
Positions
31
Filings on Record
31
2019–present window
Filed
Aug 14, 2023
original filing

Summary

Js Capital Management LLC reported $763M in U.S.-listed holdings across 31 positions for Q2 2023.

Its largest position, PACK, represents 18.1% of the portfolio.

Compared with Q1 2023, the fund opened 9 new positions and exited 3.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+66.1%
share of reported value
Largest Position
+18.1%
Ranpak
New / Exited
9 / 3
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: 88.8%Other: 4.7%ADR: 3.9%Tracking Stk: 2.6%
  • Common Stock · 88.8% · $678M
  • Other · 4.7% · $36M
  • ADR · 3.9% · $30M
  • Tracking Stk · 2.6% · $20M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SHOPSHOPIFY INCNEW+520.0K520.0K+$34M$34M
T7DTRANSDIGM GROUP INCNEW+24.0K24.0K+$21M$21M
CRCRANE COMPANYNEW+202.0K202.0K+$18M$18M
DDOGDATADOG INCNEW+175.0K175.0K+$17M$17M
CTLTEURCATALENT INCNEW+309.7K309.7K+$13M$13M
ELVELEVANCE HEALTH INCNEW+13.0K13.0K+$6M$6M
UNHUNITEDHEALTH GROUP INCNEW+10.0K10.0K+$5M$5M
ELLAUDER ESTEE COS INCNEW+13.1K13.1K+$3M$3M

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

Holdings — Q2 2023

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PACKRANPAK HOLDINGS CORPhistory →COM CL A18.08%$138M30.53M
2AMZNAMAZON COM INChistory →COM9.22%$70M540.0K
3METAMETA PLATFORMS INChistory →CL A7.14%$55M190.0K
4MSFTMICROSOFT CORPhistory →COM7.14%$54M160.0K
5NFLXNETFLIX INChistory →COM5.77%$44M100.0K
6FERRARI N VCOM4.69%$36M110.0K
7SHOPSHOPIFY INChistory →CL A4.40%$34M520.0K
8IBNICICI BANK LIMITEDhistory →ADR3.93%$30M1.30M
9DTDYNATRACE INChistory →COM NEW2.87%$22M425.0K
10HLTHILTON WORLDWIDE HLDGS INChistory →COM2.86%$22M150.0K
11HOGHARLEY DAVIDSON INChistory →COM2.86%$22M620.0K
12T7DTRANSDIGM GROUP INChistory →COM2.81%$21M24.0K
13APGAPI GROUP CORPhistory →COM STK2.75%$21M770.0K
14TTWOTAKE-TWO INTERACTIVE SOFTWARhistory →COM2.70%$21M140.0K
15MGMMGM RESORTS INTERNATIONALhistory →COM2.65%$20M460.0K
16FWONKUSDLIBERTY MEDIA CORP DELhistory →COM SER C FRMLA2.56%$20M260.0K
17CRCRANE COMPANYhistory →COMMON STOCK2.36%$18M202.0K
18HTZHERTZ GLOBAL HLDGS INChistory →COM NEW2.29%$17M950.0K
19DDOGDATADOG INChistory →CL A COM2.26%$17M175.0K
20GOOGALPHABET INChistory →CAP STK CL C1.98%$15M125.0K
21SCHWSCHWAB CHARLES CORPhistory →COM1.97%$15M265.0K
22PANWPALO ALTO NETWORKS INChistory →COM1.81%$14M54.0K
23CTLTEURCATALENT INChistory →COM1.76%$13M309.7K
24CRMSALESFORCE INCCOM0.97%$7M35.0K
25ELVELEVANCE HEALTH INCCOM0.76%$6M13.0K
26UNHUNITEDHEALTH GROUP INCCOM0.63%$5M10.0K
27ELLAUDER ESTEE COS INCCL A0.34%$3M13.1K
28VVVVALVOLINE INCCOM0.29%$2M60.0K
29SHWSHERWIN WILLIAMS COCOM0.14%$1M4.0K
30FNDFLOOR & DECOR HLDGS INCCL A0.03%$207,9202.0K
31CDLXEURCARDLYTICS INCCOM0.02%$126,40020.0K

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 ↗.