ThornTree Capital Partners LP Quant / Systematic

CIK: 0001688511 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $453,005 (100.0% shares, 0.0% debt)

Holdings (19)

META META PLATFORMS INC 9.7%

Value ($000) $43,960 Shares 76,272 Est. Cost $196.22 Unrealized +227.8%

VIK VIKING HOLDINGS LTD 8.4%

Value ($000) $38,123 Shares 959,057 Est. Cost $30.88 Unrealized +49.3%

KMX CARMAX INC 8.1%

Value ($000) $36,628 Shares 470,068 Est. Cost $78.66 Unrealized +1.9%

INTU INTUIT 7.7%

Value ($000) $34,717 Shares 56,543 Est. Cost $597.47 Unrealized 0.0%

CSGP COSTAR GROUP INC 6.9%

Value ($000) $31,153 Shares 393,198 Est. Cost $75.52 Unrealized +0.7%

AFRM AFFIRM HLDGS INC 6.6%

Value ($000) $29,954 Shares 662,841 Est. Cost $32.07 Unrealized +84.7%

NFLX NETFLIX INC 6.2%

Value ($000) $28,051 Shares 30,081 Est. Cost $38.76 Unrealized +145.4%

FWONK LIBERTY MEDIA CORP DEL 6.1%

Value ($000) $27,488 Shares 305,386 Est. Cost $64.28 Unrealized —

NU NU HLDGS LTD 5.9%

Value ($000) $26,831 Shares 2,620,248 Est. Cost $6.09 Unrealized +93.9%

CIEN CIENA CORP 5.8%

Value ($000) $26,196 Shares 433,489 Est. Cost $53.06 Unrealized +49.0%

CFLT CONFLUENT INC 5.5%

Value ($000) $24,831 Shares 1,059,340 Est. Cost $28.96 Unrealized 0.0%

MELI MERCADOLIBRE INC 4.6%

Value ($000) $20,761 Shares 10,642 Est. Cost $1153.49 Unrealized +72.1%

ONON ON HLDG AG 4.4%

Value ($000) $19,776 Shares 450,282 Est. Cost $31.21 Unrealized +68.4%

WBD WARNER BROS DISCOVERY INC 4.2%

Value ($000) $19,236 Shares 1,792,720 Est. Cost $9.29 Unrealized +12.6%

AD UNITED STATES CELLULAR CORP 3.1%

Value ($000) $13,855 Shares 200,366 Est. Cost $20.99 Unrealized +78.6%

RL RALPH LAUREN CORP 2.9%

Value ($000) $12,959 Shares 58,706 Est. Cost $244.79 Unrealized 0.0%

FERG FERGUSON ENTERPRISES INC 2.6%

Value ($000) $11,964 Shares 74,667 Est. Cost $195.78 Unrealized -12.9%

BOOT BOOT BARN HLDGS INC 1.2%

Value ($000) $5,372 Shares 50,000 Est. Cost $82.65 Unrealized +61.8%

— LIBERTY MEDIA CORP DEL 0.3%

Value ($000) $1,151 Shares 16,891 Est. Cost $32.10 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	META PLATFORMS INC	76,272	$43,960	9.7%	$196.22	+227.8%	CL A	30303M102
VIK	VIKING HOLDINGS LTD	959,057	$38,123	8.4%	$30.88	+49.3%	ORD SHS	G93A5A101
KMX	CARMAX INC	470,068	$36,628	8.1%	$78.66	+1.9%	COM	143130102
INTU	INTUIT	56,543	$34,717	7.7%	$597.47	0.0%	COM	461202103
CSGP	COSTAR GROUP INC	393,198	$31,153	6.9%	$75.52	+0.7%	COM	22160N109
AFRM	AFFIRM HLDGS INC	662,841	$29,954	6.6%	$32.07	+84.7%	COM CL A	00827B106
NFLX	NETFLIX INC	30,081	$28,051	6.2%	$38.76	+145.4%	COM	64110L106
FWONK	LIBERTY MEDIA CORP DEL	305,386	$27,488	6.1%	$64.28	—	COM LBTY ONE S C	531229755
NU	NU HLDGS LTD	2,620,248	$26,831	5.9%	$6.09	+93.9%	ORD SHS CL A	G6683N103
CIEN	CIENA CORP	433,489	$26,196	5.8%	$53.06	+49.0%	COM NEW	171779309
CFLT	CONFLUENT INC	1,059,340	$24,831	5.5%	$28.96	0.0%	CLASS A COM	20717M103
MELI	MERCADOLIBRE INC	10,642	$20,761	4.6%	$1153.49	+72.1%	COM	58733R102
ONON	ON HLDG AG	450,282	$19,776	4.4%	$31.21	+68.4%	NAMEN AKT A	H5919C104
WBD	WARNER BROS DISCOVERY INC	1,792,720	$19,236	4.2%	$9.29	+12.6%	COM SER A	934423104
AD	UNITED STATES CELLULAR CORP	200,366	$13,855	3.1%	$20.99	+78.6%	COM	911684108
RL	RALPH LAUREN CORP	58,706	$12,959	2.9%	$244.79	0.0%	CL A	751212101
FERG	FERGUSON ENTERPRISES INC	74,667	$11,964	2.6%	$195.78	-12.9%	COMMON STOCK NEW	31488V107
BOOT	BOOT BARN HLDGS INC	50,000	$5,372	1.2%	$82.65	+61.8%	COM	099406100
—	LIBERTY MEDIA CORP DEL	16,891	$1,151	0.3%	$32.10	—	COM LBTY LIV S C	531229722