ThornTree Capital Partners LP Quant / Systematic

CIK: 0001688511 · Show all filings

Period: Q2 2021 (← Previous) (Next →)

Filing Date: Aug 16, 2021

Total Value ($000): $741,320 (100.0% shares, 0.0% debt)

Holdings (31)

Z ZILLOW GROUP INC 6.4%

Value ($000) $47,698 Shares 390,266 Est. Cost $37.06 Unrealized +228.3%

META FACEBOOK INC 6.2%

Value ($000) $46,261 Shares 133,045 Est. Cost $234.15 Unrealized +36.1%

— SMARTSHEET INC 6.0%

Value ($000) $44,619 Shares 616,963 Est. Cost $49.38 Unrealized —

AFRM AFFIRM HLDGS INC 5.6%

Value ($000) $41,479 Shares 615,871 Est. Cost $97.16 Unrealized -34.4%

STNE STONECO LTD 5.4%

Value ($000) $40,232 Shares 599,946 Est. Cost $45.19 Unrealized —

Value ($000) $38,687 Shares 888,326 Est. Cost $39.09 Unrealized +5.8%

DOCU DOCUSIGN INC 4.9%

Value ($000) $36,529 Shares 130,662 Est. Cost $65.59 Unrealized +240.9%

WSM WILLIAMS SONOMA INC 4.8%

Value ($000) $35,401 Shares 221,743 Est. Cost $48.61 Unrealized +60.2%

PENN PENN NATL GAMING INC 4.5%

Value ($000) $33,587 Shares 439,108 Est. Cost $23.94 Unrealized +259.7%

— AZUL S A 4.5%

Value ($000) $33,468 Shares 1,267,727 Est. Cost $16.88 Unrealized —

— WW INTL INC 3.9%

Value ($000) $29,052 Shares 803,885 Est. Cost $24.21 Unrealized —

NET CLOUDFLARE INC 3.9%

Value ($000) $28,685 Shares 271,022 Est. Cost $24.31 Unrealized +240.4%

— DISH NETWORK CORPORATION 3.4%

Value ($000) $25,080 Shares 600,000 Est. Cost $36.20 Unrealized —

ETSY ETSY INC 3.4%

Value ($000) $24,992 Shares 121,416 Est. Cost $119.98 Unrealized +54.2%

— SPLUNK INC 3.1%

Value ($000) $23,133 Shares 160,000 Est. Cost $135.48 Unrealized —

TWLO TWILIO INC 3.1%

Value ($000) $23,063 Shares 58,513 Est. Cost $95.78 Unrealized +262.4%

PENN PENN NATL GAMING INC 2.8%

Value ($000) $21,035 Shares 275,000 Est. Cost $23.94 Unrealized +259.7%

PYPL PAYPAL HLDGS INC 2.6%

Value ($000) $19,169 Shares 65,765 Est. Cost $82.97 Unrealized +217.6%

FIVN FIVE9 INC 2.5%

Value ($000) $18,522 Shares 101,000 Est. Cost $172.39 Unrealized 0.0%

— MOMENTIVE GLOBAL INC 2.4%

Value ($000) $17,830 Shares 846,225 Est. Cost $21.07 Unrealized —

DIBS 1STDIBS COM INC 2.4%

Value ($000) $17,512 Shares 503,063 Est. Cost $25.73 Unrealized 0.0%

— QUALTRICS INTL INC 2.4%

Value ($000) $17,460 Shares 456,462 Est. Cost $34.91 Unrealized —

— WW INTL INC 2.2%

Value ($000) $16,263 Shares 450,000 Est. Cost $24.21 Unrealized —

— AGILE GROWTH CORP 2.0%

Value ($000) $14,955 Shares 1,500,000 Est. Cost $9.93 Unrealized —

— DISH NETWORK CORPORATION 1.9%

Value ($000) $14,143 Shares 338,347 Est. Cost $36.20 Unrealized —

— QUALTRICS INTL INC 1.5%

Value ($000) $11,475 Shares 300,000 Est. Cost $34.91 Unrealized —

ACVA ACV AUCTIONS INC 1.5%

Value ($000) $11,405 Shares 444,979 Est. Cost $30.74 Unrealized -5.2%

— TCV ACQUISITION CORP 0.6%

Value ($000) $4,489 Shares 452,932 Est. Cost $9.91 Unrealized —

LZ LEGALZOOM COM INC 0.4%

Value ($000) $2,650 Shares 70,000 Est. Cost $37.85 Unrealized 0.0%

DOCS DOXIMITY INC 0.2%

Value ($000) $1,455 Shares 25,000 Est. Cost $56.14 Unrealized 0.0%

— ENDEAVOR GROUP HLDGS INC 0.1%

Value ($000) $991 Shares 35,746 Est. Cost $27.72 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
Z	ZILLOW GROUP INC	390,266	$47,698	6.4%	$37.06	+228.3%	CL C CAP STK	98954M200
META	FACEBOOK INC	133,045	$46,261	6.2%	$234.15	+36.1%	CL A	30303M102
—	SMARTSHEET INC	616,963	$44,619	6.0%	$49.38	—	COM CL A	83200N103
AFRM	AFFIRM HLDGS INC	615,871	$41,479	5.6%	$97.16	-34.4%	COM CL A	00827B106
STNE	STONECO LTD	599,946	$40,232	5.4%	$45.19	—	COM CL A	G85158106
XP	XP INC	888,326	$38,687	5.2%	$39.09	+5.8%	CL A	G98239109
DOCU	DOCUSIGN INC	130,662	$36,529	4.9%	$65.59	+240.9%	COM	256163106
WSM	WILLIAMS SONOMA INC	221,743	$35,401	4.8%	$48.61	+60.2%	COM	969904101
PENN	PENN NATL GAMING INC	439,108	$33,587	4.5%	$23.94	+259.7%	COM	707569109
—	AZUL S A	1,267,727	$33,468	4.5%	$16.88	—	SPONSR ADR PFD	05501U106
—	WW INTL INC	803,885	$29,052	3.9%	$24.21	—	COM	98262P101
NET	CLOUDFLARE INC	271,022	$28,685	3.9%	$24.31	+240.4%	CL A COM	18915M107
—	DISH NETWORK CORPORATION	600,000	$25,080	3.4%	$36.20	—	Call	25470M109
ETSY	ETSY INC	121,416	$24,992	3.4%	$119.98	+54.2%	COM	29786A106
—	SPLUNK INC	160,000	$23,133	3.1%	$135.48	—	Call	848637104
TWLO	TWILIO INC	58,513	$23,063	3.1%	$95.78	+262.4%	CL A	90138F102
PENN	PENN NATL GAMING INC	275,000	$21,035	2.8%	$23.94	+259.7%	Call	707569109
PYPL	PAYPAL HLDGS INC	65,765	$19,169	2.6%	$82.97	+217.6%	COM	70450Y103
FIVN	FIVE9 INC	101,000	$18,522	2.5%	$172.39	0.0%	COM	338307101
—	MOMENTIVE GLOBAL INC	846,225	$17,830	2.4%	$21.07	—	COM	60878Y108
DIBS	1STDIBS COM INC	503,063	$17,512	2.4%	$25.73	0.0%	COM	320551104
—	QUALTRICS INTL INC	456,462	$17,460	2.4%	$34.91	—	COM CL A	747601201
—	WW INTL INC	450,000	$16,263	2.2%	$24.21	—	Call	98262P101
—	AGILE GROWTH CORP	1,500,000	$14,955	2.0%	$9.93	—	UNIT 03/09/2026	G01202129
—	DISH NETWORK CORPORATION	338,347	$14,143	1.9%	$36.20	—	CL A	25470M109
—	QUALTRICS INTL INC	300,000	$11,475	1.5%	$34.91	—	Call	747601201
ACVA	ACV AUCTIONS INC	444,979	$11,405	1.5%	$30.74	-5.2%	COM CL A	00091G104
—	TCV ACQUISITION CORP	452,932	$4,489	0.6%	$9.91	—	CL A SHS	G8704C124
LZ	LEGALZOOM COM INC	70,000	$2,650	0.4%	$37.85	0.0%	COM	52466B103
DOCS	DOXIMITY INC	25,000	$1,455	0.2%	$56.14	0.0%	CL A	26622P107
—	ENDEAVOR GROUP HLDGS INC	35,746	$991	0.1%	$27.72	—	CL A COM	29260Y109