Flight Deck Capital, LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Flight Deck Capital, LP reported 14 stock positions worth $96.9 million. Its top holding was MercadoLibre (MELI) at 11.2% of the portfolio, followed by Baidu Inc. - Spon ADR (BIDU, 11.0%) and Broadcom (AVGO, 10.6%). Compared with Q4 2024, it opened 4 new positions, sold out of 2, added to 5 and reduced 3. The biggest buy was a new position in Robinhood Markets Class A (HOOD) and the biggest sale an exit from Nu Holdings Ltd./Cayman Isl-A (NU).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001861705
- Portfolio Value
- $96.9M (Q1 2025)
- SEC Filing
- 0001214659-25-007819 ↗ filed May 15, 2025
Holdings Value
Holdings 14 stocks · $96.9M
| MELI MercadoLibre Inc. | 11.21% | 5,567 | $10.9M | No change |
| BIDU Baidu Inc. - Spon ADR | 10.99% | 115,700 | $10.6M | Add +57.2% |
| AVGO Broadcom Inc. | 10.56% | 61,100 | $10.2M | Add +9.9% |
| ESTC Elastic NV | 7.93% | 86,200 | $7.7M | Reduce -24.2% |
| HOOD Robinhood Markets Inc. Class A | 7.63% | 177,600 | $7.4M | New |
| CVNA Carvana Co. | 7.49% | 34,700 | $7.3M | Add +11.2% |
| CFLT Confluent Inc. Class A | 7.37% | 304,759 | $7.1M | Add +23.6% |
| U Unity Software Inc. | 6.99% | 345,900 | $6.8M | New |
| FROG Jfrog Ltd. | 6.47% | 195,753 | $6.3M | Reduce -5.9% |
| TSLA Tesla Inc. | 5.91% | 22,100 | $5.7M | New |
| BE Bloom Energy Corp. Class A | 5.66% | 279,000 | $5.5M | Add +6.5% |
| CYBR Cyberark Software Ltd./Israel | 4.60% | 13,200 | $4.5M | New |
| AFRM Affirm Holdings Inc. | 4.42% | 94,800 | $4.3M | Reduce -7.8% |
| TOST Toast Inc. Class A | 2.77% | 80,862 | $2.7M | No change |
Portfolio Sells Q4 2024 → Q1 2025
Portfolio Buys Q4 2024 → Q1 2025
| HOOD Robinhood Markets Inc. Class A | New | 7.63% | +7.63 |
| U Unity Software Inc. | New | 6.99% | +6.99 |
| TSLA Tesla Inc. | New | 5.91% | +5.91 |
| CYBR Cyberark Software Ltd./Israel | New | 4.60% | +4.60 |
| BIDU Baidu Inc. - Spon ADR | Add +57.2% | 10.99% | +4.09 |
| CVNA Carvana Co. | Add +11.2% | 7.49% | +0.43 |
| CFLT Confluent Inc. Class A | Add +23.6% | 7.37% | −0.30 |
| BE Bloom Energy Corp. Class A | Add +6.5% | 5.66% | −0.81 |
| AVGO Broadcom Inc. | Add +9.9% | 10.56% | −3.78 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 11 | $206.0M | BE, U, NET, SE, CVNA |
| Q1 2026 | 10 | $137.5M | U, BE, SE, NET, AEVA |
| Q4 2025 | 11 | $117.3M | BE, CVNA, U, PONY, MELI |
| Q3 2025 | 13 | $132.1M | BE, PONY, HOOD, MELI, TSLA |
| Q2 2025 | 14 | $94.5M | MELI, TSLA, HOOD, CFLT, CVNA |
| Q1 2025 | 14 | $96.9M | MELI, BIDU, AVGO, ESTC, HOOD |
| Q4 2024 | 12 | $89.9M | AVGO, ESTC, NU, MELI, CFLT |
| Q3 2024 | 13 | $85.5M | BIDU, MELI, NU, ESTC, FROG |
| Q2 2024 | 12 | $75.6M | NU, MELI, ESTC, TOST, FROG |
| Q1 2024 | 11 | $77.4M | NU, MELI, DLO, TOST, ESTC |