Latest ThornTree Capital Partners LP Stock Portfolio
$608Million
Equity Portfolio Value
Last Reported on: 14 Feb, 2024
About ThornTree Capital Partners LP and it’s 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, ThornTree Capital Partners LP reported an equity portfolio of $608.7 Millions as of 31 Dec, 2023.
The top stock holdings of ThornTree Capital Partners LP are PYPL, META, INTU. The fund has invested 8.8% of it's portfolio in PAYPAL HLDGS INC and 8% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off SPLUNK INC (SPLK), SIX FLAGS ENTMT CORP NEW (SIX) and BRIGHT HORIZONS FAM SOL IN D (BFAM) stocks. They significantly reduced their stock positions in FERGUSON PLC NEW (FERG), BRUNSWICK CORP (BC) and ACV AUCTIONS INC (ACVA). ThornTree Capital Partners LP opened new stock positions in AKAMAI TECHNOLOGIES INC (AKAM), SURGERY PARTNERS INC (SGRY) and FIVE9 INC (FIVN). The fund showed a lot of confidence in some stocks as they added substantially to PAYPAL HLDGS INC (PYPL), ON HLDG AG (ONON) and UNITED STATES CELLULAR CORP (USM).
The top stock holdings of ThornTree Capital Partners LP are PYPL, META, INTU. The fund has invested 8.8% of it's portfolio in PAYPAL HLDGS INC and 8% of portfolio in META PLATFORMS INC.
The fund managers got completely rid off SPLUNK INC (SPLK), SIX FLAGS ENTMT CORP NEW (SIX) and BRIGHT HORIZONS FAM SOL IN D (BFAM) stocks. They significantly reduced their stock positions in FERGUSON PLC NEW (FERG), BRUNSWICK CORP (BC) and ACV AUCTIONS INC (ACVA). ThornTree Capital Partners LP opened new stock positions in AKAMAI TECHNOLOGIES INC (AKAM), SURGERY PARTNERS INC (SGRY) and FIVE9 INC (FIVN). The fund showed a lot of confidence in some stocks as they added substantially to PAYPAL HLDGS INC (PYPL), ON HLDG AG (ONON) and UNITED STATES CELLULAR CORP (USM).
New Buys
| Ticker | $ Bought |
|---|---|
| AKAMAI TECHNOLOGIES INC | 24,764,500 |
| SURGERY PARTNERS INC | 20,709,300 |
| FIVE9 INC | 19,423,800 |
| DOCUSIGN INC | 16,277,900 |
| TRAVEL PLUS LEISURE CO | 14,831,800 |
New stocks bought by ThornTree Capital Partners LP
Additions
| Ticker | % Inc. |
|---|---|
| PAYPAL HLDGS INC | 84.58 |
| ON HLDG AG | 41.38 |
| UNITED STATES CELLULAR CORP | 31.43 |
| MERCADOLIBRE INC | 14.09 |
| INTUIT | 13.87 |
| LIBERTY MEDIA CORP DEL | 13.31 |
| TRIP COM GROUP LTD | 4.2 |
| META PLATFORMS INC | 2.65 |
Additions to existing portfolio by ThornTree Capital Partners LP
Reductions
| Ticker | % Reduced |
|---|---|
| FERGUSON PLC NEW | -19.87 |
| BRUNSWICK CORP | -12.33 |
| ACV AUCTIONS INC | -7.66 |
| DUOLINGO INC | -7.33 |
| NU HLDGS LTD | -2.4 |
ThornTree Capital Partners LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| SIX FLAGS ENTMT CORP NEW | -10,703,100 |
| SPLUNK INC | -40,833,300 |
| BRIGHT HORIZONS FAM SOL IN D | -10,251,000 |
ThornTree Capital Partners LP got rid off the above stocks
Current Stock Holdings of ThornTree Capital Partners LP
Last Reported on: 14 Feb, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options |
|---|---|---|---|---|---|---|---|
| ACVA | ACV AUCTIONS INC | 2.56 | 1,029,850 | 15,602,300 | REDUCED | -7.66 | |
| AKAM | AKAMAI TECHNOLOGIES INC | 4.07 | 209,248 | 24,764,500 | NEW | ||
| BATRA | LIBERTY MEDIA CORP DEL | 4.64 | 447,186 | 28,230,900 | ADDED | 13.31 | |
| BATRA | LIBERTY MEDIA CORP DEL | 0.10 | 16,891 | 631,554 | UNCHANGED | 0.00 | |
| BC | BRUNSWICK CORP | 2.38 | 149,941 | 14,506,800 | REDUCED | -12.33 | |
| BFAM | BRIGHT HORIZONS FAM SOL IN D | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| DOCU | DOCUSIGN INC | 2.67 | 273,808 | 16,277,900 | NEW | ||
| DUOL | DUOLINGO INC | 3.19 | 85,532 | 19,402,900 | REDUCED | -7.33 | |
| FERG | FERGUSON PLC NEW | 5.36 | 168,967 | 32,622,500 | REDUCED | -19.87 | |
| FIVN | FIVE9 INC | 3.19 | 246,839 | 19,423,800 | NEW | ||
| INTU | INTUIT | 6.26 | 60,943 | 38,091,200 | ADDED | 13.87 | |
| MELI | MERCADOLIBRE INC | 5.74 | 22,227 | 34,930,600 | ADDED | 14.09 | |
| META | META PLATFORMS INC | 8.00 | 137,504 | 48,670,900 | ADDED | 2.65 | |
| NFLX | NETFLIX INC | 3.15 | 39,334 | 19,150,900 | UNCHANGED | 0.00 | |
| NU | NU HLDGS LTD | 5.84 | 4,263,730 | 35,516,900 | REDUCED | -2.4 | |
| ONON | ON HLDG AG | 2.93 | 661,060 | 17,828,800 | ADDED | 41.38 | |
| PYPL | PAYPAL HLDGS INC | 8.79 | 871,211 | 53,501,100 | ADDED | 84.58 | |
| SGRY | SURGERY PARTNERS INC | 3.40 | 647,367 | 20,709,300 | NEW | ||
| SIX | SIX FLAGS ENTMT CORP NEW | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| SPLK | SPLUNK INC | 0.00 | 0.00 | 0.00 | SOLD OFF | -100 | |
| TCOM | TRIP COM GROUP LTD | 3.55 | 600,695 | 21,631,000 | ADDED | 4.2 | |
| TNL | TRAVEL PLUS LEISURE CO | 2.44 | 379,428 | 14,831,800 | NEW | ||
| USM | UNITED STATES CELLULAR CORP | 3.22 | 472,202 | 19,615,300 | ADDED | 31.43 |