AI Portfolio Summary
In 2025 Q4, ThornTree Capital Partners LP maintained a portfolio of 19 distinct positions. The most significant new addition to the portfolio was DUOLINGO INC, which now represents 5.43% of the total fund value. They heavily accumulated shares in INTUIT, increasing their position by 14.3%. Conversely, ThornTree Capital Partners LP completely exited their position in CONFLUENT INC.
Total Positions
19
Quarter
2025 Q4
Top Holding
INTU (9.9%)
Top 10 Concentration
77.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-19 of 19
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
INTU
INTUIT
|
Technology | 9.89% | 8.16% |
#1
1
Prev: #2
|
8.0 | 11,192 | 14.3% |
P
S
|
89,302 | $59,155,431 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AFRM
AFFIRM HLDGS IN...
|
Financial Services | 9.56% | 4.65% |
#2
12
Prev: #14
|
8.3 | 352,155 | 84.7% |
P
S
|
767,754 | $57,143,930 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
META
META PLATFORMS ...
|
Communication Services | 8.42% | 8.57% |
#3
2
Prev: #1
|
5.4 | no change | no change |
P
S
|
76,272 | $50,346,384 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
ALPHABET INC
|
Communication Services | 7.69% | 4.92% |
#4
9
Prev: #13
|
5.6 | 14,641 | 11.1% |
P
S
|
146,825 | $45,956,225 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VIK
VIKING HOLDINGS...
|
Consumer Cyclical | 7.40% | 5.90% |
#5
2
Prev: #7
|
4.5 | no change | no change |
P
S
|
619,995 | $44,273,843 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RKT
ROCKET COS INC
|
Financial Services | 7.23% | 6.45% |
#6
Prev: #6
|
3.4 | 57,210 | 2.6% |
P
S
|
2,231,659 | $43,204,918 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CIEN
CIENA CORP
|
Technology | 6.99% | 7.56% |
#7
4
Prev: #3
|
2.8 | -160,484 | -47.3% |
P
S
|
178,657 | $41,782,513 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ONON
ON HLDG AG
|
Consumer Cyclical | 6.70% | 3.75% |
#8
8
Prev: #16
|
5.2 | 282,976 | 48.9% |
P
S
|
862,010 | $40,066,225 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RL
RALPH LAUREN CO...
|
Consumer Cyclical | 6.63% | 5.68% |
#9
1
Prev: #8
|
3.2 | -6,238 | -5.3% |
P
S
|
112,052 | $39,622,708 | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NU
NU HLDGS LTD
|
Financial Services | 6.55% | 6.68% |
#10
6
Prev: #4
|
3.1 | -383,317 | -14.1% |
P
S
|
2,340,774 | $39,184,557 | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DUOL
DUOLINGO INC
|
Technology | 5.43% | — |
#11
Prev: #—
|
5.7 | 184,867 | no change |
NEW
|
184,867 | $32,444,159 | 2021 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FWONK
LIBERTY MEDIA C...
|
Communication Services | 5.42% | 5.26% |
#12
1
Prev: #11
|
3.2 | no change | no change |
P
S
|
328,829 | $32,392,945 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 4.72% | 5.52% |
#13
4
Prev: #9
|
4.9 | 270,729 | 900.0% |
P
S
|
300,810 | $28,203,946 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MELI
MERCADOLIBRE IN...
|
Consumer Cyclical | 4.66% | 4.32% |
#14
1
Prev: #15
|
3.9 | 1,747 | 14.5% |
P
S
|
13,826 | $27,849,159 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSGP
COSTAR GROUP IN...
|
Real Estate | 2.72% | 6.59% |
#15
10
Prev: #5
|
1.1 | -268,169 | -52.6% |
P
S
|
242,032 | $16,274,232 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CFLT
CONFLUENT INC
|
Technology | 0.00% | 5.31% |
Sold All 😨
(Was: #10) |
0.0 | -1,750,817 | -100.0% |
CLOSED
|
— | $— | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DKS
DICKS SPORTING ...
|
Consumer Cyclical | 0.00% | 5.15% |
Sold All 😨
(Was: #12) |
0.0 | -151,329 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TDS
TELEPHONE & DAT...
|
Communication Services | 0.00% | 3.19% |
Sold All 😨
(Was: #17) |
0.0 | -531,692 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FERG
FERGUSON ENTERP...
|
Industrials | 0.00% | 2.35% |
Sold All 😨
(Was: #18) |
0.0 | -68,344 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-19 of 19 holdings