SEC 13F Intelligence

Managers / Q2 2025 · view latest →

Flight Deck Capital, LP

CIK 0001861705 · 601 CALIFORNIA STREET, SUITE 1750, SAN FRANCISCO, CA, 94108 · 415-728-9037

Reported Value
$95M
Q2 2025
Positions
14
Filings on Record
18
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Flight Deck Capital, LP reported $95M in U.S.-listed holdings across 14 positions for Q2 2025.

Its largest position, MLB1, represents 15.4% of the portfolio.

Compared with Q1 2025, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+31.7%
vs prior filed quarter
Top-10 Concentration
+81.9%
share of reported value
Largest Position
+15.4%
Mercadolibre
New / Exited
3 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’21: $213MQ4 ’21Q1 ’22: $154MQ2 ’22: $133MQ3 ’22: $117MQ3 ’22Q4 ’22: $105MQ1 ’23: $130MQ2 ’23: $113MQ2 ’23Q3 ’23: $82MQ4 ’23: $82MQ1 ’24: $77MQ1 ’24Q2 ’24: $76MQ3 ’24: $86MQ4 ’24: $90MQ4 ’24Q1 ’25: $97MQ2 ’25: $95MQ3 ’25: $132MQ3 ’25Q4 ’25: $117MQ1 ’26: $137Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 72.5%Other: 17.3%ADR: 10.2%
  • Common Stock · 72.5% · $69M
  • Other · 17.3% · $16M
  • ADR · 10.2% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GEVGE VERNOVA INCNEW+10.4K10.4K+$6M$6M
PONYPONY AI INCNEW+405.4K405.4K+$5M$5M
SESEA LTDNEW+26.9K26.9K+$4M$4M
BIDUNBAIDU INCSOLD OUT−115.7K0−$11M$0
AVGOBROADCOM INCSOLD OUT−61.1K0−$10M$0
BEBLOOM ENERGY CORPSOLD OUT−279.0K0−$5M$0
TSLATESLA INCADDED+13.3K35.4K+$6M$11M
CVNACARVANA COTRIMMED−16.4K18.3K−$1M$6M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2025

14 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MLB1MERCADOLIBRE INChistory →COM15.39%$15M5.6K
2TSLATESLA INChistory →COM11.90%$11M35.4K
3HOODROBINHOOD MKTS INChistory →COM CL A9.72%$9M98.1K
48QRCONFLUENT INChistory →CLASS A COM8.94%$8M338.9K
5CVNACARVANA COhistory →CL A6.52%$6M18.3K
6AFRMAFFIRM HLDGS INChistory →COM CL A6.34%$6M86.7K
7CYBERARK SOFTWARE LTDSHS5.94%$6M13.8K
8GEVGE VERNOVA INChistory →COM5.82%$6M10.4K
9ELASTIC N VORD SHS5.70%$5M63.9K
10PONYPONY AI INChistory →SPONSORED ADS5.66%$5M405.4K
11JFROG LTDORD SHS5.63%$5M121.4K
12UUNITY SOFTWARE INChistory →COM5.11%$5M199.6K
13SESEA LTDhistory →SPONSORD ADS4.54%$4M26.9K
14TOSTTOAST INChistory →CL A2.77%$3M59.2K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$137M10May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$117M11Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$132M13Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$95M14Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$97M14May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$90M12Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$86M13Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$76M12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$77M11May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$82M15Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$82M13Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$113M14Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$130M15May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$105M16Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$117M18Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$133M19Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$154M18May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$213M17Feb 14, 202213F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.