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
+3.68%
1 Year Est. Return
+36.37%
3 Year Est. Return
+206.07%
5 Year Est. Return
+135.57%
10 Year Est. Return
–
AUM
$293M
AUM Growth
+$37.9M
Cap. Flow
+$47.2M
Cap. Flow %
16.07%
Top 10 Hldgs %
78.45%
Holding
19
New
4
Increased
6
Reduced
6
Closed
2

Top Buys

Rank Stock Value
1
NFLX icon
Netflix
NFLX
+$24.6M
2
ABNB icon
Airbnb
ABNB
+$18.8M
3
SPLK
Splunk Inc
SPLK
+$13.5M
4
META icon
Meta Platforms (Facebook)
META
+$13M
5
ONON icon
On Holding
ONON
+$11.9M

Top Sells

Rank Stock Value
1
Z icon
Zillow
Z
+$32.7M
2
PLTR icon
Palantir
PLTR
+$16.8M
3
SMAR
Smartsheet Inc.
SMAR
+$8.05M
4
WSM icon
Williams-Sonoma
WSM
+$3.45M
5
DUOL icon
Duolingo
DUOL
+$2.94M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 44.34%
2 Communication Services 25.39%
3 Technology 19.87%
4 Financials 10.39%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
META icon
1
Meta Platforms (Facebook)
META
$1.64T
$44.3M 15.12%
326,833
+79,914
+32% +$13M
NFLX icon
2
Netflix
NFLX
$290B
$26M 8.87%
+1,105,660
New +$24.6M
MELI icon
3
Mercado Libre
MELI
$92B
$25.1M 8.56%
30,334
+2,355
+8% +$2.02M
XP icon
4
XP
XP
$8.61B
$22.6M 7.72%
1,191,399
+557,077
+88% +$11.1M
TCOM icon
5
Trip.com Group
TCOM
$26.7B
$20.4M 6.94%
745,533
+172,716
+30% +$4.52M
FIVN icon
6
FIVE9
FIVN
$1.96B
$20M 6.8%
266,133
+62,228
+31% +$6.04M
PENN icon
7
PENN Entertainment
PENN
$2.75B
$19.9M 6.79%
723,880
-37,594
-5% -$1.21M
ABNB icon
8
Airbnb
ABNB
$86.6B
$17.9M 6.08%
+169,940
New +$18.8M
WSM icon
9
Williams-Sonoma
WSM
$26.9B
$17.6M 6%
298,910
-48,548
-14% -$3.45M
DUOL icon
10
Duolingo
DUOL
$6.24B
$16.3M 5.57%
171,525
-30,248
-15% -$2.94M
ONON icon
11
On Holding
ONON
$12.4B
$14.6M 4.98%
911,013
+599,057
+192% +$11.9M
SMAR
12
DELISTED
Smartsheet Inc.
SMAR
$11.7M 3.98%
339,553
-237,454
-41% -$8.05M
SPLK
13
DELISTED
Splunk Inc
SPLK
$10.4M 3.53%
+137,646
New +$13.5M
MGM icon
14
MGM Resorts International
MGM
$11.8B
$8.03M 2.74%
+270,065
New +$8.78M
AFRM icon
15
Affirm
AFRM
$25.5B
$7.84M 2.67%
417,962
-17,598
-4% -$460K
ACVA icon
16
ACV Auctions
ACVA
$1.3B
$6.58M 2.24%
914,678
– –
DIBS icon
17
1stdibs.com
DIBS
$162M
$4.12M 1.41%
655,475
-226,165
-26% -$1.46M
PLTR icon
18
Palantir
PLTR
$317B
– –
-1,852,543
Closed -$16.8M
Z icon
19
Zillow
Z
$7.76B
– –
-1,029,544
Closed -$32.7M

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
GWAG
Garrett Wealth Advisory Group Weatherford, Texas $562M AUM 16.6% 1-Year Est. Return

ThornTree Capital Partners's Q3 2022 Portfolio in Review

As of Q3 2022, ThornTree Capital Partners held 19 positions worth $293M, up 15% from $255M the previous quarter. Its ten largest holdings account for 78% of the portfolio.

ThornTree Capital Partners deployed $47.2M of net new capital in Q3 2022, opening 4 new positions and adding to 6 existing holdings. Its largest new stake was Netflix: 1,105,660 shares worth $26M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 44% of assets, up from 34% a quarter earlier, followed by Communication Services and Technology.

On the sell side, the largest reduction was Smartsheet Inc., an estimated $8.05M trimmed.

  • ThornTree Capital Partners's largest Q3 2022 buy was Netflix: 1,105,660 shares worth $26M.
  • ThornTree Capital Partners added most to Meta Platforms (Facebook) in Q3 2022, an estimated $13M increase.
  • ThornTree Capital Partners's biggest Q3 2022 reduction was Smartsheet Inc., cutting an estimated $8.05M.
  • ThornTree Capital Partners fully exited Zillow in Q3 2022, selling an estimated $32.7M.
  • ThornTree Capital Partners's ten largest holdings make up 78% of its $293M portfolio in Q3 2022.
  • ThornTree Capital Partners opened 4 new positions and closed 2 in Q3 2022.
  • ThornTree Capital Partners's portfolio value rose 15% quarter-over-quarter to $293M.

Based on ThornTree Capital Partners's 13F filing for Q3 2022, filed 14 Nov 2022.