THORNTREE CAPITAL PARTNERS LP

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

9

of those in investment advisory functions:

6

Registration:

SEC, Approved, 5/31/2016

AUM:

752,295,521 31.94%

of that, discretionary:

752,295,521 31.94%

GAV:

752,295,521 31.94%

Avg Account Size:

125,382,587 31.94%

SMA’s:

NO

Private Funds:

3

Contact Info

617 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
986M 845M 704M 564M 423M 282M 141M
2016 2017 2018 2019 2020 2021 2022 2023

Recent News

ThornTree Capital Partners LP Buys Five9 Inc, 1stdibs. ...
08/24/2021

Related Stocks: XM, FIVN, DIBS, AGGRU, ACVA, TCVA, LZ, UBER, SPLK, BATRK, PLTR, GDRX, U,

gurufocus.com

Is LSXMA Stock A Buy or Sell?
03/29/2021

Intriguingly, Mark Moore’s ThornTree Capital Partners sold off the biggest stake of all the hedgies followed by Insider Monkey, totaling close to $15.9 million in stock. Steve Cohen’s fund ...

Insider Monkey

Will Ashford Hospitality Trust, Inc. (NYSE:AHT) in 2021 Be Worth Your Money?
03/29/2021

There are 68 institutions holding the Ashford Hospitality Trust, Inc. stock share, with ThornTree Capital Partners LP the top institutional ... Click here now. Among Mutual Funds, the top two as of Dec 30, 2020 were Vanguard Total Stock Market Index ...

marketingsentinel.com

12-month price target for Ashford Hospitality Trust, Inc. (NYSE:AHT) now sits at $6
03/25/2021

In last trading session, Ashford Hospitality Trust, Inc. (NYSE:AHT) saw 9,692,622 shares changing hands with its beta currently measuring 2.43. Company’s recent per share price level of $2.91 trading at -$0.

marketingsentinel.com

Nuvemshop, LatAm's answer to Shopify, raises $90M in Accel-led Series D
03/22/2021

Today, Nuvemshop is announcing that it has closed on a $90 million Series D funding led by Accel. ThornTree Capital and returning backers Kaszek, Qualcomm Ventures and others also put money in the round, which brings Nuvemshop’s total funding raised ...

Yahoo Finance

Nuvemshop, LatAm's answer to Shopify, raises $90M in Accel-led Series D
03/22/2021

Today, Nuvemshop is announcing that it has closed on a $90 million Series D funding led by Accel. ThornTree Capital and returning backers Kaszek, Qualcomm Ventures and others also put money in the round, which brings Nuvemshop’s total funding raised ...

Yahoo Finance


Private Funds Structure

Fund Type Count GAV
Hedge Fund 1 $725,498,524
Private Equity Fund 2 $26,796,997

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Private Funds



Employees




Brochure Summary

Overview

ThornTree Capital Partners LP (“ThornTree”), a Delaware limited partnership, provides discretionary investment management services to several pooled investment vehicles (“private fund clients” or “Clients”). Formed in November 2015, ThornTree is wholly owned and controlled by Mark C. Moore and his affiliated estate planning entities and trusts. Mr. Moore is the founder, Managing Partner and Chief Investment Officer of ThornTree (“Founder” or “Managing Partner”). Our investment objective is to generate strong risk-adjusted returns over the course of various market cycles through a concentrated portfolio consisting of global public long/short and private equity investments. In carrying out our investment strategy, we typically take positions in listed equities, ADRs and GDRs, as well as contracts for differences and total return swaps on the foregoing. We also trade instruments listed on both U.S. and non-U.S. exchanges and at times may trade U.S. and non-U.S. currencies for hedging purposes as well as other securities for cash management purposes. We also may invest a portion of our private fund client assets in private companies (“Private Investments”). Such Private Investments are expected to be comprised substantially of equity investments in early stage, business growth opportunities.
Additional information about ThornTree investment strategies and associated risks can be found in greater detail below in Item 8, Methods of Analysis, Investment Strategies and Risk of Loss. The investment activities of ThornTree are led by Mr. Moore, who also oversees the implementation of the investment strategy and various portfolio and risk management matters. In providing services to the private fund clients, among other things, ThornTree manages assets in accordance with the terms of the applicable governing documents. ThornTree provides investment advice directly to the private fund clients and not individually to a Client’s limited partners, shareholders, or fund investors (collectively “Fund Investors”). Investment restrictions for the private fund clients are generally established in the applicable governing document such as a limited partnership agreement or private placement memorandum (collectively “Fund Governing Documents”). An affiliate of our firm controlled by Mr. Moore, ThornTree Capital GP LLC (the “General Partner”), a Delaware limited liability company, serves as the general partner to the private fund clients. As of December 31, 2022, ThornTree had regulatory assets under management of approximately $570,189,408, all of which are managed on a discretionary basis.