Flight Deck Capital, LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Flight Deck Capital, LP reported 14 stock positions worth $94.5 million. Its top holding was MercadoLibre (MELI) at 15.4% of the portfolio, followed by Tesla (TSLA, 11.9%) and Robinhood Markets Class A (HOOD, 9.7%). Compared with Q1 2025, it opened 3 new positions, sold out of 3, added to 3 and reduced 7. The biggest buy was Tesla (TSLA, shares +60%) and the biggest sale an exit from Baidu Inc. - Spon ADR (BIDU).
- Most Recent 13F
- Q2 2026
- Location
- SAN FRANCISCO, CA
- CIK
- 0001861705
- Portfolio Value
- $94.5M (Q2 2025)
- SEC Filing
- 0001214659-25-012214 ↗ filed Aug 14, 2025
Holdings Value
Holdings 14 stocks · $94.5M
| MELI MercadoLibre Inc. | 15.39% | 5,567 | $14.6M | No change |
| TSLA Tesla Inc. | 11.90% | 35,400 | $11.2M | Add +60.2% |
| HOOD Robinhood Markets Inc. Class A | 9.72% | 98,100 | $9.2M | Reduce -44.8% |
| CFLT Confluent Inc. Class A | 8.94% | 338,859 | $8.4M | Add +11.2% |
| CVNA Carvana Co. | 6.52% | 18,300 | $6.2M | Reduce -47.3% |
| AFRM Affirm Holdings Inc. | 6.34% | 86,700 | $6.0M | Reduce -8.5% |
| CYBR Cyberark Software Ltd./Israel | 5.94% | 13,800 | $5.6M | Add +4.5% |
| GEV GE Vernova Inc. | 5.82% | 10,400 | $5.5M | New |
| ESTC Elastic NV | 5.70% | 63,900 | $5.4M | Reduce -25.9% |
| PONY Pony AI Inc. | 5.66% | 405,400 | $5.4M | New |
| FROG Jfrog Ltd. | 5.63% | 121,353 | $5.3M | Reduce -38.0% |
| U Unity Software Inc. | 5.11% | 199,600 | $4.8M | Reduce -42.3% |
| SE Sea Ltd.-ADR | 4.54% | 26,859 | $4.3M | New |
| TOST Toast Inc. Class A | 2.77% | 59,162 | $2.6M | Reduce -26.8% |
Portfolio Sells Q1 2025 → Q2 2025
| BIDU Baidu Inc. - Spon ADR | Sold out | 0.00% | −10.99 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −10.56 |
| BE Bloom Energy Corp. Class A | Sold out | 0.00% | −5.66 |
| ESTC Elastic NV | Reduce -25.9% | 5.70% | −2.23 |
| U Unity Software Inc. | Reduce -42.3% | 5.11% | −1.88 |
| CVNA Carvana Co. | Reduce -47.3% | 6.52% | −0.96 |
| FROG Jfrog Ltd. | Reduce -38.0% | 5.63% | −0.83 |
| TOST Toast Inc. Class A | Reduce -26.8% | 2.77% | +0.00 |
| AFRM Affirm Holdings Inc. | Reduce -8.5% | 6.34% | +1.92 |
| HOOD Robinhood Markets Inc. Class A | Reduce -44.8% | 9.72% | +2.09 |
Portfolio Buys Q1 2025 → Q2 2025
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 |