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
-0.38%
1 Year Est. Return
+36.37%
3 Year Est. Return
+206.07%
5 Year Est. Return
+135.57%
10 Year Est. Return
–
AUM
$304M
AUM Growth
+$10.8M
Cap. Flow
+$17.2M
Cap. Flow %
5.65%
Top 10 Hldgs %
76.31%
Holding
22
New
5
Increased
5
Reduced
7
Closed
5

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$24.5M
2
TTWO icon
Take-Two Interactive
TTWO
+$22.3M
3
RCI icon
Rogers Communications
RCI
+$14.3M
4
META icon
Meta Platforms (Facebook)
META
+$13.3M
5
SPLK
Splunk Inc
SPLK
+$11.8M

Top Sells

Rank Stock Value
1
WSM icon
Williams-Sonoma
WSM
+$17.6M
2
NFLX icon
Netflix
NFLX
+$13.9M
3
SMAR
Smartsheet Inc.
SMAR
+$11.7M
4
MELI icon
Mercado Libre
MELI
+$10.4M
5
FIVN icon
FIVE9
FIVN
+$10.2M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 42.64%
2 Communication Services 35.53%
3 Technology 16.59%
4 Financials 5.24%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
META icon
1
Meta Platforms (Facebook)
META
$1.64T
$53M 17.42%
440,261
+113,428
+35% +$13.3M
SPLK
2
DELISTED
Splunk Inc
SPLK
$24.5M 8.05%
284,274
+146,628
+107% +$11.8M
ABNB icon
3
Airbnb
ABNB
$86.6B
$22.6M 7.42%
264,109
+94,169
+55% +$9.51M
TTWO icon
4
Take-Two Interactive
TTWO
$43.9B
$21.4M 7.04%
+205,682
New +$22.3M
AMZN icon
5
Amazon
AMZN
$2.66T
$20.8M 6.84%
+247,778
New +$24.5M
TCOM icon
6
Trip.com Group
TCOM
$26.7B
$19.1M 6.27%
554,440
-191,093
-26% -$5.49M
PENN icon
7
PENN Entertainment
PENN
$2.75B
$18.5M 6.07%
621,377
-102,503
-14% -$3.33M
ONON icon
8
On Holding
ONON
$12.4B
$18.4M 6.04%
1,071,175
+160,162
+18% +$2.8M
NFLX icon
9
Netflix
NFLX
$290B
$18M 5.91%
609,230
-496,430
-45% -$13.9M
XP icon
10
XP
XP
$8.61B
$15.9M 5.24%
1,039,668
-151,731
-13% -$2.65M
MELI icon
11
Mercado Libre
MELI
$92B
$15.8M 5.18%
18,633
-11,701
-39% -$10.4M
RCI icon
12
Rogers Communications
RCI
$18.7B
$15.7M 5.16%
+335,000
New +$14.3M
INTU icon
13
Intuit
INTU
$79.6B
$9.92M 3.26%
+25,476
New +$10.1M
ACVA icon
14
ACV Auctions
ACVA
$1.3B
$9.19M 3.02%
1,119,724
+205,046
+22% +$1.71M
DUOL icon
15
Duolingo
DUOL
$6.24B
$9.08M 2.99%
127,655
-43,870
-26% -$3.43M
FIVN icon
16
FIVE9
FIVN
$1.96B
$6.99M 2.3%
102,999
-163,134
-61% -$10.2M
BFAM icon
17
Bright Horizons
BFAM
$4.03B
$5.42M 1.78%
+85,931
New +$5.62M
AFRM icon
18
Affirm
AFRM
$25.5B
– –
-417,962
Closed -$7.84M
DIBS icon
19
1stdibs.com
DIBS
$162M
– –
-655,475
Closed -$4.12M
MGM icon
20
MGM Resorts International
MGM
$11.8B
– –
-270,065
Closed -$8.03M
WSM icon
21
Williams-Sonoma
WSM
$26.9B
– –
-298,910
Closed -$17.6M
SMAR
22
DELISTED
Smartsheet Inc.
SMAR
– –
-339,553
Closed -$11.7M

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 Q4 2022 Portfolio in Review

As of Q4 2022, ThornTree Capital Partners held 22 positions worth $304M, up 3.7% from $293M the previous quarter. Its ten largest holdings account for 76% of the portfolio.

ThornTree Capital Partners deployed $17.2M of net new capital in Q4 2022, opening 5 new positions and adding to 5 existing holdings. Its largest new stake was Amazon: 247,778 shares worth $20.8M.

By sector, the portfolio is most concentrated in Consumer Discretionary at 43% of assets, down from 44% a quarter earlier, followed by Communication Services and Technology.

On the sell side, the largest reduction was Netflix, an estimated $13.9M trimmed.

  • ThornTree Capital Partners's largest Q4 2022 buy was Amazon: 247,778 shares worth $20.8M.
  • ThornTree Capital Partners added most to Meta Platforms (Facebook) in Q4 2022, an estimated $13.3M increase.
  • ThornTree Capital Partners's biggest Q4 2022 reduction was Netflix, cutting an estimated $13.9M.
  • ThornTree Capital Partners fully exited Williams-Sonoma in Q4 2022, selling an estimated $17.6M.
  • ThornTree Capital Partners's ten largest holdings make up 76% of its $304M portfolio in Q4 2022.
  • ThornTree Capital Partners opened 5 new positions and closed 5 in Q4 2022.
  • ThornTree Capital Partners's portfolio value rose 3.7% quarter-over-quarter to $304M.

Based on ThornTree Capital Partners's 13F filing for Q4 2022, filed 14 Feb 2023.