Thorntree Capital Partners L.P. 13F annual report
Thorntree Capital Partners L.P. is an investment fund managing more than $421 billion ran by Jay Scollins. There are currently 18 companies in Mr. Scollins’s portfolio. The largest investments include Meta Platforms Inc and Nu Hldgs Ltd, together worth $99.1 billion.
$421 billion Assets Under Management (AUM)
As of 7th August 2023, Thorntree Capital Partners L.P.’s top holding is 213,735 shares of Meta Platforms Inc currently worth over $61.3 billion and making up 14.6% of the portfolio value.
Relative to the number of outstanding shares of Meta Platforms Inc, Thorntree Capital Partners L.P. owns more than approximately 0.1% of the company.
In addition, the fund holds 4,782,207 shares of Nu Hldgs Ltd worth $37.7 billion.
The third-largest holding is PayPal Inc worth $34 billion and the next is Liberty Media worth $29.7 billion, with 394,663 shares owned.
Currently, Thorntree Capital Partners L.P.'s portfolio is worth at least $421 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Thorntree Capital Partners L.P.
The Thorntree Capital Partners L.P. office and employees reside in Boston, Massachusetts. According to the last 13-F report filed with the SEC, Jay Scollins serves as the Chief Compliance Officer at Thorntree Capital Partners L.P..
Recent trades
In the most recent 13F filing, Thorntree Capital Partners L.P. revealed that it had opened a new position in
Nu Hldgs Ltd and bought 4,782,207 shares worth $37.7 billion.
The investment fund also strengthened its position in Trip.com Ltd by buying
244,580 additional shares.
This makes their stake in Trip.com Ltd total 799,020 shares worth $28 billion.
Trip.com Ltd dropped approximately 0.1% in the past year.
On the other hand, there are companies that Thorntree Capital Partners L.P. is getting rid of from its portfolio.
Thorntree Capital Partners L.P. closed its position in Airbnb on 14th August 2023.
It sold the previously owned 264,109 shares for $22.6 billion.
Jay Scollins also disclosed a decreased stake in Meta Platforms Inc by 0.5%.
This leaves the value of the investment at $61.3 billion and 213,735 shares.
One of the average hedge funds
The two most similar investment funds to Thorntree Capital Partners L.P. are Sym Financial Corp and Overbrook Management Corp. They manage $421 billion and $421 billion respectively.
Jay Scollins investment strategy
Thorntree Capital Partners L.P.’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Technology — making up 30.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
44% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $88 billion.
The complete list of Thorntree Capital Partners L.P. trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Meta Platforms Inc |
51.45%
213,735
|
$61,337,670,000 | 14.58% |
| Nu Hldgs Ltd |
Opened
4,782,207
|
$37,731,613,000 | 8.97% |
| PayPal Holdings Inc |
Opened
510,067
|
$34,036,771,000 | 8.09% |
| Liberty Media Corp. |
Opened
394,663
|
$29,710,231,000 | 7.06% |
| Splunk Inc |
4.97%
270,154
|
$28,660,638,000 | 6.81% |
| Trip.com Group Ltd |
44.11%
799,020
|
$27,965,700,000 | 6.65% |
| Intuit Inc |
110.08%
53,521
|
$24,522,787,000 | 5.83% |
| Netflix Inc. |
10.82%
54,334
|
$23,933,584,000 | 5.69% |
| Airbnb, Inc. |
Closed
264,109
|
$22,581,320,000 | |
| Take-two Interactive Softwar |
Closed
205,682
|
$21,417,667,000 | |
| Amazon.com Inc. |
Closed
247,778
|
$20,813,352,000 | |
| Ferguson Plc New |
Opened
129,910
|
$20,436,142,000 | 4.86% |
| Six Flags Entmt Corp New |
Opened
749,193
|
$19,464,034,000 | 4.63% |
| PENN Entertainment Inc |
Closed
621,377
|
$18,454,897,000 | |
| MercadoLibre Inc |
19.31%
15,035
|
$17,810,461,000 | 4.23% |
| Academy Sports & Outdoors In |
Opened
328,990
|
$17,781,910,000 | 4.23% |
| XP Inc |
Closed
1,039,668
|
$15,948,507,000 | |
| Rogers Communications Inc. |
Closed
335,000
|
$15,691,400,000 | |
| Brunswick Corp. |
Opened
171,021
|
$14,817,259,000 | 3.52% |
| Acv Auctions Inc |
25.75%
831,360
|
$14,357,587,000 | 3.41% |
| On Hldg Ag |
59.90%
429,537
|
$14,174,721,000 | 3.37% |
| Bright Horizons Fam Sol In D |
76.65%
151,800
|
$14,033,910,000 | 3.34% |
| Duolingo, Inc. |
27.69%
92,302
|
$13,193,648,000 | 3.14% |
| Five9 Inc |
Closed
102,999
|
$6,989,512,000 | |
| Funko Inc |
Opened
625,155
|
$6,764,177,000 | 1.61% |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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