The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
Check here if Amendment   Amendment Number:
This Amendment (Check only one.):   is a restatement.
  adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: JS Capital Management LLC
Address: 888 SEVENTH AVENUE
40TH FLOOR
NEW YORK , NY10106
Form 13F File Number: 028-16031

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Richard Holahan
Title: General Counsel
Phone: 212.655.7160
Signature, Place, and Date of Signing:
Richard Holahan, General Counsel NEW YORK , NY 08-15-2022
[Signature] [City, State] [Date]
Report Type (Check only one.):
X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
  13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
  13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
Form 13F Summary Page
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 17
Form 13F Information Table Value Total: 606,344
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALPHABET INC CAP STK CL C 02079K107 30,624 14,000 SH SOLE 14,000 0 0
AMAZON COM INC COM 023135106 29,579 278,500 SH SOLE 278,500 0 0
AVIS BUDGET GROUP COM 053774105 23,827 162,000 SH SOLE 162,000 0 0
BOOKING HOLDINGS INC COM 09857L108 29,733 17,000 SH SOLE 17,000 0 0
CARDLYTICS INC COM 14161W105 17,955 804,800 SH SOLE 804,800 0 0
DATADOG INC CL A COM 23804L103 19,048 200,000 SH SOLE 200,000 0 0
DYNATRACE INC COM NEW 268150109 27,608 700,000 SH SOLE 700,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303 30,346 320,000 SH SOLE 320,000 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700 57,630 3,638,287 SH SOLE 3,638,287 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 18,993 230,000 SH SOLE 230,000 0 0
META PLATFORMS INC CL A 30303M102 26,606 165,000 SH SOLE 165,000 0 0
MICROSOFT CORP COM 594918104 44,945 175,000 SH SOLE 175,000 0 0
QUANTUMSCAPE CORP COM CL A 74767V109 17,481 2,035,000 SH SOLE 2,035,000 0 0
RANPAK HOLDINGS CORP COM CL A 75321W103 213,716 30,530,897 SH SOLE 30,530,897 0 0
SEMA4 HOLDINGS CORP COM CL A 81663L101 1,260 1,000,000 SH SOLE 1,000,000 0 0
SHOPIFY INC CL A 82509L107 16,870 540,000 SH SOLE 540,000 0 0
STARRY GROUP HOLDINGS INC CL A COM 85572U102 123 29,943 SH SOLE 29,943 0 0