ThornTree Capital Partners LP Quant / Systematic

Location: Boston, MA

CIK: 0001688511 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 16, 2021

Total Value: $801M (100.0% shares, 0.0% debt)

Holdings (25)

Z ZILLOW GROUP INC 10.5%

Value $83.93M Shares 646,631 Est. Cost $37.06 Unrealized +198.4%

META FACEBOOK INC 6.7%

Value $53.48M Shares 195,800 Est. Cost $234.15 Unrealized +16.3%

PENN PENN NATL GAMING INC 6.3%

Value $50.1M Shares 580,110 Est. Cost $22.90 Unrealized +211.6%

— SMARTSHEET INC 5.7%

Value $45.49M Shares 656,534 Est. Cost $46.57 Unrealized —

STNE STONECO LTD 5.5%

Value $43.74M Shares 521,186 Est. Cost $42.21 Unrealized —

Value $42.23M Shares 1,064,600 Est. Cost $39.09 Unrealized +4.5%

— WW INTL INC 4.9%

Value $39.56M Shares 1,621,508 Est. Cost $24.21 Unrealized —

— AZUL S A 4.9%

Value $39.48M Shares 1,729,883 Est. Cost $15.93 Unrealized —

UBER UBER TECHNOLOGIES INC 4.5%

Value $35.83M Shares 702,600 Est. Cost $44.81 Unrealized 0.0%

PYPL PAYPAL HLDGS INC 4.4%

Value $35.13M Shares 150,000 Est. Cost $82.97 Unrealized +149.2%

ETSY ETSY INC 4.2%

Value $33.46M Shares 188,074 Est. Cost $117.07 Unrealized +28.5%

TWLO TWILIO INC 4.0%

Value $31.69M Shares 93,622 Est. Cost $95.78 Unrealized +226.2%

PYPL PAYPAL HLDGS INC 3.9%

Value $30.85M Shares 131,717 Est. Cost $82.97 Unrealized +149.2%

DOCU DOCUSIGN INC 3.7%

Value $29.35M Shares 132,013 Est. Cost $45.96 Unrealized +388.7%

BKNG BOOKING HOLDINGS INC 3.3%

Value $26.41M Shares 11,859 Est. Cost $1551.14 Unrealized +22.4%

NBIS YANDEX N V 3.2%

Value $25.56M Shares 367,339 Est. Cost $65.25 Unrealized —

— SVMK INC 3.1%

Value $24.54M Shares 960,290 Est. Cost $13.37 Unrealized —

FIVN FIVE9 INC 3.0%

Value $24.21M Shares 138,802 Est. Cost $120.26 Unrealized +26.5%

WSM WILLIAMS SONOMA INC 3.0%

Value $23.84M Shares 234,103 Est. Cost $46.50 Unrealized 0.0%

NET CLOUDFLARE INC 2.5%

Value $19.83M Shares 260,907 Est. Cost $19.45 Unrealized +237.1%

FND FLOOR & DECOR HLDGS INC 2.5%

Value $19.81M Shares 213,338 Est. Cost $83.41 Unrealized 0.0%

— LIBERTY MEDIA CORP DEL 2.0%

Value $16.24M Shares 652,737 Est. Cost $20.32 Unrealized —

CMRC BIGCOMMERCE HLDGS INC 1.3%

Value $10.38M Shares 161,889 Est. Cost $82.72 Unrealized -3.5%

PTON PELOTON INTERACTIVE INC 1.2%

Value $9.763M Shares 64,346 Est. Cost $41.39 Unrealized +194.3%

— ASHFORD HOSPITALITY TR INC 0.8%

Value $6.162M Shares 2,379,303 Est. Cost $2.59 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
Z	ZILLOW GROUP INC	646,631	$83.93M	10.5%	$37.06	+198.4%	CL C CAP STK	98954M200
META	FACEBOOK INC	195,800	$53.48M	6.7%	$234.15	+16.3%	CL A	30303M102
PENN	PENN NATL GAMING INC	580,110	$50.1M	6.3%	$22.90	+211.6%	COM	707569109
—	SMARTSHEET INC	656,534	$45.49M	5.7%	$46.57	—	COM CL A	83200N103
STNE	STONECO LTD	521,186	$43.74M	5.5%	$42.21	—	COM CL A	G85158106
XP	XP INC	1,064,600	$42.23M	5.3%	$39.09	+4.5%	CL A	G98239109
—	WW INTL INC	1,621,508	$39.56M	4.9%	$24.21	—	COM	98262P101
—	AZUL S A	1,729,883	$39.48M	4.9%	$15.93	—	SPONSR ADR PFD	05501U106
UBER	UBER TECHNOLOGIES INC	702,600	$35.83M	4.5%	$44.81	0.0%	COM	90353T100
PYPL	PAYPAL HLDGS INC	150,000	$35.13M	4.4%	$82.97	+149.2%	Call	70450Y103
ETSY	ETSY INC	188,074	$33.46M	4.2%	$117.07	+28.5%	COM	29786A106
TWLO	TWILIO INC	93,622	$31.69M	4.0%	$95.78	+226.2%	CL A	90138F102
PYPL	PAYPAL HLDGS INC	131,717	$30.85M	3.9%	$82.97	+149.2%	COM	70450Y103
DOCU	DOCUSIGN INC	132,013	$29.35M	3.7%	$45.96	+388.7%	COM	256163106
BKNG	BOOKING HOLDINGS INC	11,859	$26.41M	3.3%	$1551.14	+22.4%	COM	09857L108
NBIS	YANDEX N V	367,339	$25.56M	3.2%	$65.25	—	SHS CLASS A	N97284108
—	SVMK INC	960,290	$24.54M	3.1%	$13.37	—	COM	78489X103
FIVN	FIVE9 INC	138,802	$24.21M	3.0%	$120.26	+26.5%	COM	338307101
WSM	WILLIAMS SONOMA INC	234,103	$23.84M	3.0%	$46.50	0.0%	COM	969904101
NET	CLOUDFLARE INC	260,907	$19.83M	2.5%	$19.45	+237.1%	CL A COM	18915M107
FND	FLOOR & DECOR HLDGS INC	213,338	$19.81M	2.5%	$83.41	0.0%	CL A	339750101
—	LIBERTY MEDIA CORP DEL	652,737	$16.24M	2.0%	$20.32	—	COM C BRAVES GRP	531229888
CMRC	BIGCOMMERCE HLDGS INC	161,889	$10.38M	1.3%	$82.72	-3.5%	COM SER 1	08975P108
PTON	PELOTON INTERACTIVE INC	64,346	$9.763M	1.2%	$41.39	+194.3%	CL A COM	70614W100
—	ASHFORD HOSPITALITY TR INC	2,379,303	$6.162M	0.8%	$2.59	—	COM SHS	044103877