A Comparison of ThornTree Capital Partners' Q3 and Q4 2022 13F Holdings

Investing in the stock market is all about keeping up with the changes- updating your portfolio, monitoring the performance of your investments, and adjusting your strategies accordingly. And in the third and fourth quarters of 2022, ThornTree Capital Partners LP was no exception. Let's take a closer look at their Q3 vs. Q4 2022 13F holdings comparison.

META Platforms Inc: 19.5% increase

ThornTree Capital increased their stake in META Platforms Inc, the parent company of social media giant Facebook, from 326,833 shares in Q3 to 440,261 shares in Q4. This increase represents a 19.5% change and emphasizes the overall confidence ThornTree Capital has in the future of the social media industry.

Splunk Inc: 136.4% increase

Another company that saw a significant increase in ThornTree Capital's holdings was Splunk Inc, which provides data-driven insights and analytics to companies. The hedge fund's stake increased from 137,646 shares in Q3 to 284,274 shares in Q4, marking an impressive jump of 136.4%. This could be a reflection of ThornTree Capital's belief in the growing importance of data analysis in various industries.

Airbnb Inc: 26.5% increase

ThornTree Capital increased their interest in Airbnb by 26.5% in Q4 compared to Q3, from 169,940 to 264,109 shares. This investment suggests a continued confidence in the future growth of the travel and accommodation industry post-pandemic, as Airbnb continues to become a popular choice for travelers worldwide.

MercadoLibre Inc: 37.2% decrease

While there were many increases in ThornTree Capital's holdings, there were also a few notable decreases, including the company's holdings in MercadoLibre Inc, an Argentinian e-commerce platform. The fund held 30,334 shares of the company in Q3, but this number decreased by 37.2%, leaving only 18,633 shares in Q4. Analysts suggest this reduction could be due to concerns about the political and economic instability in Argentina.

Williams Sonoma Inc: 100% decrease

ThornTree Capital's holdings in Williams Sonoma Inc saw the most significant decrease, with holdings dropping from 149,455 in Q3 to 0 shares in Q4. This could be because of the company's previous underperformance or a re-evaluation of the company's long-term potential by ThornTree Capital.

Conclusion

Overall, ThornTree Capital Partners LP's Q3 and Q4 13F holdings comparison reflects their commitment to staying up-to-date with the latest performance trends in the stock market. While there were notable increases in stocks like META Platforms Inc and Splunk Inc, there were also decreases in some, including MercadoLibre Inc and Williams Sonoma Inc. These moves may showcase the hedge fund's confidence in the future of certain industries or concerns about specific companies' financial health. Regardless, it's clear that ThornTree Capital Partners LP is staying vigilant in the ever-changing stock market climate.