ThornTree Capital Partners LP Quant / Systematic

Location: Boston, MA

CIK: 0001688511 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value: $741M (100.0% shares, 0.0% debt)

Holdings (31)

Z ZILLOW GROUP INC 6.4%

Value $47.7M Shares 390,266 Est. Cost $37.06 Unrealized +228.3%

META FACEBOOK INC 6.2%

Value $46.26M Shares 133,045 Est. Cost $234.15 Unrealized +36.1%

— SMARTSHEET INC 6.0%

Value $44.62M Shares 616,963 Est. Cost $49.38 Unrealized —

AFRM AFFIRM HLDGS INC 5.6%

Value $41.48M Shares 615,871 Est. Cost $97.16 Unrealized -34.4%

STNE STONECO LTD 5.4%

Value $40.23M Shares 599,946 Est. Cost $45.19 Unrealized —

Value $38.69M Shares 888,326 Est. Cost $39.09 Unrealized +5.8%

DOCU DOCUSIGN INC 4.9%

Value $36.53M Shares 130,662 Est. Cost $65.59 Unrealized +240.9%

WSM WILLIAMS SONOMA INC 4.8%

Value $35.4M Shares 221,743 Est. Cost $48.61 Unrealized +60.2%

PENN PENN NATL GAMING INC 4.5%

Value $33.59M Shares 439,108 Est. Cost $23.94 Unrealized +259.7%

— AZUL S A 4.5%

Value $33.47M Shares 1,267,727 Est. Cost $16.88 Unrealized —

— WW INTL INC 3.9%

Value $29.05M Shares 803,885 Est. Cost $24.21 Unrealized —

NET CLOUDFLARE INC 3.9%

Value $28.68M Shares 271,022 Est. Cost $24.31 Unrealized +240.4%

— DISH NETWORK CORPORATION 3.4%

Value $25.08M Shares 600,000 Est. Cost $36.20 Unrealized —

ETSY ETSY INC 3.4%

Value $24.99M Shares 121,416 Est. Cost $119.98 Unrealized +54.2%

— SPLUNK INC 3.1%

Value $23.13M Shares 160,000 Est. Cost $135.48 Unrealized —

TWLO TWILIO INC 3.1%

Value $23.06M Shares 58,513 Est. Cost $95.78 Unrealized +262.4%

PENN PENN NATL GAMING INC 2.8%

Value $21.04M Shares 275,000 Est. Cost $23.94 Unrealized +259.7%

PYPL PAYPAL HLDGS INC 2.6%

Value $19.17M Shares 65,765 Est. Cost $82.97 Unrealized +217.6%

FIVN FIVE9 INC 2.5%

Value $18.52M Shares 101,000 Est. Cost $172.39 Unrealized 0.0%

— MOMENTIVE GLOBAL INC 2.4%

Value $17.83M Shares 846,225 Est. Cost $21.07 Unrealized —

DIBS 1STDIBS COM INC 2.4%

Value $17.51M Shares 503,063 Est. Cost $25.73 Unrealized 0.0%

— QUALTRICS INTL INC 2.4%

Value $17.46M Shares 456,462 Est. Cost $34.91 Unrealized —

— WW INTL INC 2.2%

Value $16.26M Shares 450,000 Est. Cost $24.21 Unrealized —

— AGILE GROWTH CORP 2.0%

Value $14.96M Shares 1,500,000 Est. Cost $9.93 Unrealized —

— DISH NETWORK CORPORATION 1.9%

Value $14.14M Shares 338,347 Est. Cost $36.20 Unrealized —

— QUALTRICS INTL INC 1.5%

Value $11.47M Shares 300,000 Est. Cost $34.91 Unrealized —

ACVA ACV AUCTIONS INC 1.5%

Value $11.4M Shares 444,979 Est. Cost $30.74 Unrealized -5.2%

— TCV ACQUISITION CORP 0.6%

Value $4.489M Shares 452,932 Est. Cost $9.91 Unrealized —

LZ LEGALZOOM COM INC 0.4%

Value $2.65M Shares 70,000 Est. Cost $37.85 Unrealized 0.0%

DOCS DOXIMITY INC 0.2%

Value $1.455M Shares 25,000 Est. Cost $56.14 Unrealized 0.0%

— ENDEAVOR GROUP HLDGS INC 0.1%

Value $991K Shares 35,746 Est. Cost $27.72 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
Z	ZILLOW GROUP INC	390,266	$47.7M	6.4%	$37.06	+228.3%	CL C CAP STK	98954M200
META	FACEBOOK INC	133,045	$46.26M	6.2%	$234.15	+36.1%	CL A	30303M102
—	SMARTSHEET INC	616,963	$44.62M	6.0%	$49.38	—	COM CL A	83200N103
AFRM	AFFIRM HLDGS INC	615,871	$41.48M	5.6%	$97.16	-34.4%	COM CL A	00827B106
STNE	STONECO LTD	599,946	$40.23M	5.4%	$45.19	—	COM CL A	G85158106
XP	XP INC	888,326	$38.69M	5.2%	$39.09	+5.8%	CL A	G98239109
DOCU	DOCUSIGN INC	130,662	$36.53M	4.9%	$65.59	+240.9%	COM	256163106
WSM	WILLIAMS SONOMA INC	221,743	$35.4M	4.8%	$48.61	+60.2%	COM	969904101
PENN	PENN NATL GAMING INC	439,108	$33.59M	4.5%	$23.94	+259.7%	COM	707569109
—	AZUL S A	1,267,727	$33.47M	4.5%	$16.88	—	SPONSR ADR PFD	05501U106
—	WW INTL INC	803,885	$29.05M	3.9%	$24.21	—	COM	98262P101
NET	CLOUDFLARE INC	271,022	$28.68M	3.9%	$24.31	+240.4%	CL A COM	18915M107
—	DISH NETWORK CORPORATION	600,000	$25.08M	3.4%	$36.20	—	Call	25470M109
ETSY	ETSY INC	121,416	$24.99M	3.4%	$119.98	+54.2%	COM	29786A106
—	SPLUNK INC	160,000	$23.13M	3.1%	$135.48	—	Call	848637104
TWLO	TWILIO INC	58,513	$23.06M	3.1%	$95.78	+262.4%	CL A	90138F102
PENN	PENN NATL GAMING INC	275,000	$21.04M	2.8%	$23.94	+259.7%	Call	707569109
PYPL	PAYPAL HLDGS INC	65,765	$19.17M	2.6%	$82.97	+217.6%	COM	70450Y103
FIVN	FIVE9 INC	101,000	$18.52M	2.5%	$172.39	0.0%	COM	338307101
—	MOMENTIVE GLOBAL INC	846,225	$17.83M	2.4%	$21.07	—	COM	60878Y108
DIBS	1STDIBS COM INC	503,063	$17.51M	2.4%	$25.73	0.0%	COM	320551104
—	QUALTRICS INTL INC	456,462	$17.46M	2.4%	$34.91	—	COM CL A	747601201
—	WW INTL INC	450,000	$16.26M	2.2%	$24.21	—	Call	98262P101
—	AGILE GROWTH CORP	1,500,000	$14.96M	2.0%	$9.93	—	UNIT 03/09/2026	G01202129
—	DISH NETWORK CORPORATION	338,347	$14.14M	1.9%	$36.20	—	CL A	25470M109
—	QUALTRICS INTL INC	300,000	$11.47M	1.5%	$34.91	—	Call	747601201
ACVA	ACV AUCTIONS INC	444,979	$11.4M	1.5%	$30.74	-5.2%	COM CL A	00091G104
—	TCV ACQUISITION CORP	452,932	$4.489M	0.6%	$9.91	—	CL A SHS	G8704C124
LZ	LEGALZOOM COM INC	70,000	$2.65M	0.4%	$37.85	0.0%	COM	52466B103
DOCS	DOXIMITY INC	25,000	$1.455M	0.2%	$56.14	0.0%	CL A	26622P107
—	ENDEAVOR GROUP HLDGS INC	35,746	$991K	0.1%	$27.72	—	CL A COM	29260Y109