We are live on ! Find out more
TCP

ThornTree Capital Partners Portfolio holdings

AUM $564M
1-Year Est. Return 36.37%
This Fund
S&P 500
This Quarter Est. Return
-11.23%
1 Year Est. Return
+36.37%
3 Year Est. Return
+206.07%
5 Year Est. Return
+135.57%
10 Year Est. Return
–
AUM
$517M
AUM Growth
-$191M
Cap. Flow
-$123M
Cap. Flow %
-23.85%
Top 10 Hldgs %
68.44%
Holding
36
New
6
Increased
9
Reduced
6
Closed
13

Top Buys

Rank Stock Value
1
UBER icon
Uber
UBER
+$41M
2
CMRC
Commerce.com Inc Series 1
CMRC
+$22.2M
3
PENN icon
PENN Entertainment
PENN
+$19.8M
4
DUOL icon
Duolingo
DUOL
+$19.2M
5
FIVN icon
FIVE9
FIVN
+$16.7M

Top Sells

Rank Stock Value
1
AFRM icon
Affirm
AFRM
+$30.7M
2
PLTR icon
Palantir
PLTR
+$26.2M
3
COOK icon
Traeger
COOK
+$25.2M
4
GDRX icon
GoodRx Holdings
GDRX
+$22.5M
5
DISH
DISH Network Corp.
DISH
+$20.6M

Sector Composition

Rank Sector Weight
1 Technology 42.74%
2 Consumer Discretionary 23.86%
3 Communication Services 19.01%
4 Financials 11%
5 Industrials 2.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GDRX icon
26
GoodRx Holdings
GDRX
$1.1B
– –
-547,662
Closed -$22.5M
PENN icon
27
CALL
PENN Entertainment
PENN
$2.64B
– –
-275,000
Closed -$19.9M
PLTR icon
28
Palantir
PLTR
$383B
– –
-1,091,521
Closed -$26.2M
STNE icon
29
StoneCo
STNE
$2.71B
– –
-512,811
Closed -$17.8M
WW
30
CALL
DELISTED
WW International
WW
– –
-450,000
Closed -$8.21M
XYZ
31
CALL
Block Inc
XYZ
$50.2B
– –
-43,000
Closed -$10.3M
SPLK
32
CALL
DELISTED
Splunk Inc
SPLK
– –
-160,000
Closed -$23.2M
SPLK
33
DELISTED
Splunk Inc
SPLK
– –
-120,539
Closed -$17.4M
MNTV
34
DELISTED
Momentive Global Inc. Common Stock
MNTV
– –
-794,051
Closed -$15.6M
DISH
35
CALL
DELISTED
DISH Network Corp.
DISH
– –
-600,000
Closed -$26.1M
DISH
36
DELISTED
DISH Network Corp.
DISH
– –
-473,546
Closed -$20.6M
1
2

Similar funds

PSC
Patient Square Capital Menlo Park, California $564M AUM 261.3% 1-Year Est. Return
KF
KKM Financial Chicago, Illinois $563M AUM 28.2% 1-Year Est. Return
AHSW
Adventist Health System West Roseville, California $564M AUM 17.1% 1-Year Est. Return
AAS
Asset Allocation Strategies Farmington, Michigan $563M AUM 15.65% 1-Year Est. Return
KBG
Kahn Brothers Group New York $564M AUM 25.3% 1-Year Est. Return
LC
Lavaca Capital Houston, Texas $564M AUM 4.6% 1-Year Est. Return
AMCA
Arthur M. Cohen & Associates Northbrook, Illinois $563M AUM 20.97% 1-Year Est. Return
OC
Opal Capital Boca Raton, Florida $565M AUM

ThornTree Capital Partners's Q4 2021 Portfolio in Review

As of Q4 2021, ThornTree Capital Partners held 36 positions worth $517M, down 27% from $708M the previous quarter. Its ten largest holdings account for 68% of the portfolio.

ThornTree Capital Partners withdrew a net $123M in Q4 2021, closing 13 positions and reducing 6 holdings. Its most notable exit was Palantir, an estimated $26.2M position sold in full.

By sector, the portfolio is most concentrated in Technology at 43% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, ThornTree Capital Partners opened a new position in Uber worth $39.9M.

  • ThornTree Capital Partners's largest Q4 2021 buy was Uber: 952,039 shares worth $39.9M.
  • ThornTree Capital Partners added most to PENN Entertainment in Q4 2021, an estimated $19.8M increase.
  • ThornTree Capital Partners's biggest Q4 2021 reduction was Affirm, cutting an estimated $30.7M.
  • ThornTree Capital Partners fully exited Palantir in Q4 2021, selling an estimated $26.2M.
  • ThornTree Capital Partners's ten largest holdings make up 68% of its $517M portfolio in Q4 2021.
  • ThornTree Capital Partners opened 6 new positions and closed 13 in Q4 2021.
  • ThornTree Capital Partners's portfolio value fell 27% quarter-over-quarter to $517M.

Based on ThornTree Capital Partners's 13F filing for Q4 2021, filed 14 Feb 2022.