ThornTree Capital Partners
ThornTree Capital Partners reported 19 stocks worth $731M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are VIK (8.8%), CIEN (8.7%) and NU (8.4%). Compared with Q1 2026, the fund opened new positions in AXP, NTRA and LION, added to NU, FWONK and ADI, trimmed VIK, AFRM and MTZ and sold out of VEEV and GOOGL.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  VIK Viking Holdings Ltd | $64.5M | 8.8% | 617K | −60K (−9%) | 8 of 8 | |
| 2 |  CIEN Ciena Corp | $63.9M | 8.7% | 130K | No change | 8 of 8 | |
| 3 |  NU NU Hldgs Ltd | $61.3M | 8.4% | 4.6M | +1.8M (+62%) | 8 of 8 | |
| 4 |  FWONK Liberty Media Corp Del | $57.5M | 7.9% | 605K | +91K (+18%) | 8 of 8 | |
| 5 |  AXP American Express Co | $56.4M | 7.7% | 167K | New position | 1 of 8 | |
| 6 |  ADI Analog Devices Inc | $55.5M | 7.6% | 140K | +76K (+120%) | 2 of 8 | |
| 7 |  RL Ralph Lauren Corp | $54.4M | 7.4% | 136K | +18K (+15%) | 6 of 8 | |
| 8 |  AFRM Affirm Hldgs Inc | $46.4M | 6.3% | 569K | −266K (−32%) | 8 of 8 | |
| 9 |  META Meta Platforms Inc | $43M | 5.9% | 76K | No change | 8 of 8 | |
| 10 |  MTZ Mastec Inc | $36.5M | 5.0% | 88K | −25K (−22%) | 2 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →ThornTree Capital Partners 13F FAQ
What does ThornTree Capital Partners own?
ThornTree Capital Partners reported 19 stocks worth $731M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are VIK (8.8%), CIEN (8.7%) and NU (8.4%). The table above lists every position in the filing (the top 10 without an account).
What did ThornTree Capital Partners buy and sell in Q2 2026?
Compared with Q1 2026: 5 new positions, 5 added to, 5 trimmed and 2 sold out. New positions include AXP, NTRA and LION. It sold all of VEEV and GOOGL.
When will ThornTree Capital Partners file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is ThornTree Capital Partners's portfolio worth?
The Q2 2026 filing reports $731M in US stocks. That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.