Q2 2025 · 13F-HR
ThornTree Capital Partners LPholdings as filed
Filed 2025-08-14 · accession 0001172661-25-003503
$600.6M
Reported value
17
Positions
2025-06-30
Period end
The Brief · ThornTree Capital Partners LP · Q2 2025
AI · grounded in 13F
ThornTree Capital Partners LP established a new position in META valued at $56.3M. The fund also initiated new stakes in VIK for $41.9M and CSGP for $41.2M. Other new additions include AFRM, KMX, and NFLX.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 30303M102 | META | META PLATFORMS INC | $56.3M | 9.37% | 76,272 | Common | SOLE |
| G93A5A101 | VIK | VIKING HOLDINGS LTD | $41.9M | 6.97% | 785,860 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $41.2M | 6.86% | 512,507 | Common | SOLE |
| 00827B106 | AFRM | AFFIRM HLDGS INC | $40.9M | 6.80% | 591,076 | Common | SOLE |
| 143130102 | KMX | CARMAX INC | $40.8M | 6.79% | 606,928 | Common | SOLE |
| 64110L106 | NFLX | NETFLIX INC | $40.3M | 6.71% | 30,081 | Common | SOLE |
| 461202103 | INTU | INTUIT | $38.7M | 6.44% | 49,089 | Common | SOLE |
| G6683N103 | NU | NU HLDGS LTD | $38.6M | 6.42% | 2,812,435 | Common | SOLE |
| 531229755 | FWONK | LIBERTY MEDIA CORP DEL | $37.7M | 6.27% | 360,379 | Common | SOLE |
| 253393102 | DKS | DICKS SPORTING GOODS INC | $33.8M | 5.62% | 170,731 | Common | SOLE |
| 31488V107 | FERG | FERGUSON ENTERPRISES INC | $32.3M | 5.38% | 148,481 | Common | SOLE |
| 751212101 | RL | RALPH LAUREN CORP | $32.2M | 5.36% | 117,470 | Common | SOLE |
| 171779309 | CIEN | CIENA CORP | $30.8M | 5.13% | 378,962 | Common | SOLE |
| 20717M103 | 8QR | CONFLUENT INC | $30.1M | 5.01% | 1,207,633 | Common | SOLE |
| 58733R102 | MELI | MERCADOLIBRE INC | $27.8M | 4.63% | 10,642 | Common | SOLE |
| H5919C104 | ONON | ON HLDG AG | $19.6M | 3.26% | 376,178 | Common | SOLE |
| 88160R101 | TSLA | TESLA INC | $17.8M | 2.96% | 55,941 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.