TCP

ThornTree Capital Partners Portfolio holdings

AUM $601M
This Quarter Return
-11.34%
1 Year Return
+46.85%
3 Year Return
+263.35%
5 Year Return
+228.39%
10 Year Return
–
AUM
$517M
AUM Growth
+$517M
Cap. Flow
-$45M
Cap. Flow %
-8.7%
Top 10 Hldgs %
68.44%
Holding
32
New
6
Increased
9
Reduced
6
Closed
8

Top Buys

1
UBER icon
Uber
UBER
$39.9M
2
PENN icon
PENN Entertainment
PENN
$16.9M
3
CMRC
Commerce.com, Inc. Series 1 Common Stock
CMRC
$16.7M
4
META icon
Meta Platforms (Facebook)
META
$15.5M
5
FIVN icon
FIVE9
FIVN
$15.5M

Top Sells

1
PLTR icon
Palantir
PLTR
$26.2M
2
COOK icon
Traeger
COOK
$25.2M
3
AFRM icon
Affirm
AFRM
$23.4M
4
GDRX icon
GoodRx Holdings
GDRX
$22.5M
5
DISH
DISH Network Corp.
DISH
$20.6M

Sector Composition

1 Technology 48.88%
2 Consumer Discretionary 26%
3 Communication Services 16.88%
4 Financials 4.86%
5 Industrials 2.49%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
META icon
1
Meta Platforms (Facebook)
META
$1.86T
$51.9M 10.04%
154,156
+46,173
+43% +$15.5M
SMAR
2
DELISTED
Smartsheet Inc.
SMAR
$47.6M 9.21%
614,256
+120,370
+24% +$9.32M
PENN icon
3
PENN Entertainment
PENN
$2.95B
$42.1M 8.15%
811,845
+326,338
+67% +$16.9M
UBER icon
4
Uber
UBER
$196B
$39.9M 7.73%
+952,039
New +$39.9M
NET icon
5
Cloudflare
NET
$72.7B
$35.6M 6.9%
271,022
– –
Z icon
6
Zillow
Z
$20.4B
$35.3M 6.84%
553,271
+46,693
+9% +$2.98M
AFRM icon
7
Affirm
AFRM
$28.8B
$31.7M 6.14%
315,551
-232,308
-42% -$23.4M
DUOL icon
8
Duolingo
DUOL
$13.6B
$23.7M 4.59%
223,654
+139,475
+166% +$14.8M
WW
9
DELISTED
WW International
WW
$22.9M 4.43%
1,420,065
+85,930
+6% +$1.39M
WSM icon
10
Williams-Sonoma
WSM
$23.1B
$22.7M 4.4%
134,494
-62,806
-32% -$10.6M
ACVA icon
11
ACV Auctions
ACVA
$2.01B
$22.4M 4.34%
1,191,260
-341,557
-22% -$6.43M
XP icon
12
XP
XP
$9.56B
$18.2M 3.52%
631,893
+16,330
+3% +$469K
TWLO icon
13
Twilio
TWLO
$16.2B
$17.3M 3.35%
65,681
+7,168
+12% +$1.89M
XM
14
DELISTED
Qualtrics International Inc. Class A Common Stock
XM
$17M 3.3%
481,081
+216,106
+82% +$7.65M
CMRC
15
Commerce.com, Inc. Series 1 Common Stock
CMRC
$375M
$16.7M 3.23%
+471,161
New +$16.7M
FIVN icon
16
FIVE9
FIVN
$2.08B
$15.5M 3%
+112,947
New +$15.5M
AZUL
17
DELISTED
Azul
AZUL
$12.8M 2.49%
972,603
-185,977
-16% -$2.45M
DIBS icon
18
1stdibs.com
DIBS
$99.3M
$11M 2.14%
881,640
-214,288
-20% -$2.68M
RENT
19
Rent the Runway
RENT
$22.5M
$8.4M 1.63%
+1,030,384
New +$8.4M
DOCU icon
20
DocuSign
DOCU
$15.5B
$7.4M 1.43%
48,566
-21,652
-31% -$3.3M
MEKA
21
DELISTED
MELI Kaszek Pioneer Corp Class A Ordinary Shares
MEKA
$6.94M 1.34%
600,000
– –
ONON icon
22
On Holding
ONON
$14.7B
$4.67M 0.9%
+123,598
New +$4.67M
ARCE
23
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
$4.66M 0.9%
+222,815
New +$4.66M
SPLK
24
DELISTED
Splunk Inc
SPLK
– –
-120,539
Closed -$17.4M
MNTV
25
DELISTED
Momentive Global Inc. Common Stock
MNTV
– –
-794,051
Closed -$15.6M
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