We are live on ! Find out more
TCP

ThornTree Capital Partners Portfolio holdings

AUM $731M
1-Year Est. Return 30.12%
This Fund
S&P 500
This Quarter Est. Return
+26.81%
1 Year Est. Return
+30.12%
3 Year Est. Return
+216.66%
5 Year Est. Return
+151.14%
10 Year Est. Return
–
AUM
$705M
AUM Growth
+$71.8M
Cap. Flow
-$20.6M
Cap. Flow %
-2.93%
Top 10 Hldgs %
58.49%
Holding
32
New
6
Increased
6
Reduced
15
Closed
5

Top Buys

Rank Stock Value
1
NBIS
Nebius Group N.V.
NBIS
+$39.1M
2
ETSY icon
Etsy
ETSY
+$37.1M
3
FIVN icon
FIVE9
FIVN
+$24.3M
4
PLTR icon
Palantir
PLTR
+$18.8M
5
META icon
Meta Platforms (Facebook)
META
+$12.4M

Top Sells

Rank Stock Value
1
TWTR
Twitter, Inc.
TWTR
+$29.6M
2
PENN icon
PENN Entertainment
PENN
+$27.2M
3
AMZN icon
Amazon
AMZN
+$25.2M
4
NET icon
Cloudflare
NET
+$19.1M
5
PYPL icon
PayPal
PYPL
+$9.47M

Sector Composition

Rank Sector Weight
1 Technology 32.84%
2 Communication Services 30.68%
3 Consumer Discretionary 23.48%
4 Financials 5.9%
5 Industrials 3.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
Z icon
1
Zillow
Z
$7.78B
$69.5M 9.85%
684,048
-70,243
-9% -$5.49M
PENN icon
2
PENN Entertainment
PENN
$2.29B
$53.8M 7.63%
739,862
-554,088
-43% -$27.2M
STNE icon
3
StoneCo
STNE
$2.33B
$43.7M 6.2%
826,886
+202,030
+32% +$9.65M
NBIS
4
Nebius Group N.V.
NBIS
$61.5B
$42.9M 6.08%
+657,015
New +$39.1M
META icon
5
Meta Platforms (Facebook)
META
$1.57T
$39.5M 5.6%
150,900
+47,900
+47% +$12.4M
ETSY icon
6
Etsy
ETSY
$7.02B
$38.6M 5.47%
+316,974
New +$37.1M
WW
7
DELISTED
WW International
WW
$32.5M 4.6%
1,719,829
+185,593
+12% +$4.37M
PYPL icon
8
PayPal
PYPL
$47B
$31.6M 4.48%
160,223
-50,272
-24% -$9.47M
DOCU
9
DocuSign
DOCU
$13.1B
$31.1M 4.41%
144,513
-36,900
-20% -$7.66M
SPLK
10
DELISTED
Splunk Inc
SPLK
$29.4M 4.17%
156,477
+18,363
+13% +$3.66M
BKNG icon
11
Booking.com
BKNG
$145B
$28M 3.96%
408,675
+95,000
+30% +$6.67M
SMAR
12
DELISTED
Smartsheet Inc.
SMAR
$27.7M 3.92%
560,134
-145,100
-21% -$7.01M
FIVN icon
13
FIVE9
FIVN
$2.49B
$26.2M 3.71%
+201,988
New +$24.3M
TWLO icon
14
Twilio
TWLO
$35.8B
$25.9M 3.67%
104,822
-11,900
-10% -$2.93M
AZUL
15
DELISTED
Azul
AZUL
$25.9M 3.67%
1,966,900
-362,665
-16% -$4.66M
MNTV
16
DELISTED
Momentive Global Inc. Common Stock
MNTV
$21.2M 3.01%
960,290
-309,400
-24% -$7.19M
PLTR icon
17
Palantir
PLTR
$419B
$18.8M 2.66%
+1,975,000
New +$18.8M
NET icon
18
Cloudflare
NET
$99.3B
$17.1M 2.43%
417,607
-499,600
-54% -$19.1M
DISH
19
DELISTED
DISH Network Corp.
DISH
$15.9M 2.26%
549,315
-253,612
-32% -$8.37M
LSXMA
20
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
$15.9M 2.26%
652,593
-204,966
-24% -$5.27M
VAPO
21
DELISTED
Vapotherm, Inc. Common Stock
VAPO
$15.1M 2.14%
65,191
+9,904
+18% +$2.85M
PTON icon
22
Peloton Interactive
PTON
$2.37B
$12.9M 1.82%
129,646
-108,100
-45% -$7.95M
BATRK icon
23
Atlanta Braves Holdings Series B
BATRK
$3.24B
$11.4M 1.62%
544,037
-486,900
-47% -$9.43M
XP icon
24
XP
XP
$10.1B
$10.1M 1.43%
241,762
-69,100
-22% -$3.16M
ARCE
25
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
$8.98M 1.27%
219,901
-31,900
-13% -$1.4M
1
2

Similar funds

MCM
Morton Capital Management Calabasas, California $731M AUM 20.62% 1-Year Est. Return
MHS
M Holdings Securities Portland, Oregon $731M AUM 34.87% 1-Year Est. Return
GHAM
Gilman Hill Asset Management New Canaan, Connecticut $731M AUM 19.41% 1-Year Est. Return
DC
Decheng Capital Menlo Park, California $732M AUM 275.56% 1-Year Est. Return
HEIP
Hudson Edge Investment Partners Jersey City, New Jersey $732M AUM 23.32% 1-Year Est. Return
LS
Liquid Strategies Atlanta, Georgia $732M AUM 17.42% 1-Year Est. Return
MIOT
Massachusetts Institute of Technology Cambridge, Massachusetts $733M AUM 24.57% 1-Year Est. Return
KF
KKM Financial Chicago, Illinois $730M AUM 53.51% 1-Year Est. Return

ThornTree Capital Partners's Q3 2020 Portfolio in Review

As of Q3 2020, ThornTree Capital Partners held 32 positions worth $705M, up 11% from $634M the previous quarter. Its ten largest holdings account for 58% of the portfolio.

ThornTree Capital Partners's Q3 2020 filing shows 6 new, 6 increased, 15 reduced and 5 closed positions. Its largest new stake was Nebius Group N.V.: 657,015 shares worth $42.9M. The largest sale was Twitter, Inc., an estimated $29.6M.

By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 28% a quarter earlier, followed by Communication Services and Consumer Discretionary.

  • ThornTree Capital Partners's largest Q3 2020 buy was Nebius Group N.V.: 657,015 shares worth $42.9M.
  • ThornTree Capital Partners added most to Meta Platforms (Facebook) in Q3 2020, an estimated $12.4M increase.
  • ThornTree Capital Partners's biggest Q3 2020 reduction was PENN Entertainment, cutting an estimated $27.2M.
  • ThornTree Capital Partners fully exited Twitter, Inc. in Q3 2020, selling an estimated $29.6M.
  • ThornTree Capital Partners's ten largest holdings make up 58% of its $705M portfolio in Q3 2020.
  • ThornTree Capital Partners opened 6 new positions and closed 5 in Q3 2020.
  • ThornTree Capital Partners's portfolio value rose 11% quarter-over-quarter to $705M.

Based on ThornTree Capital Partners's 13F filing for Q3 2020, filed 13 Nov 2020.