Flight Deck Capital, LP
Flight Deck Capital, LP is a hedge fund and investment adviser headquartered in San Francisco, California. Founded in 2020 by Jay Kahn (formerly of Light Street Capital), the firm specializes in global equity long/short strategies. It invests across public and private markets, with a primary focus on disruptive companies in technology, media, telecommunications (TMT), and consumer sectors. The firm serves institutional and sophisticated clients, manages over $227.5 million in assets (as of March 2024), and employs fewer than 25 people.
Investment Strategy
Flight Deck Capital employs a global equity long/short strategy, investing in both public and private markets with a robust emphasis on technology, media, and telecommunications (TMT), as well as innovative consumer companies. The firm focuses on identifying disruptive companies across major international markets including the United States, Japan, Korea, China, Southeast Asia, Latin America, and Europe. Their approach combines deep market analysis, thematic investing, and an operator-first philosophy to support vision-driven businesses, seeking to deliver absolute returns while maintaining a flexible, data-driven investment process.
Top Holdings
Equity Positions (14)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MELI | MERCADOLIBRE INC | 15.39% | $14.6M | 5,567 | $1104.11 | $2613.63 | +$3.7M |
T TSLA | TESLA INC | 11.90% | $11.2M | 35,400 | $281.14 | $317.66 | +$5.5M |
H HOOD | ROBINHOOD MKTS INC | 9.72% | $9.2M | 98,100 | $41.62 | $93.63 | +$1.8M |
C CFLT | CONFLUENT INC | 8.94% | $8.4M | 338,859 | $26.88 | $24.93 | +$1.3M |
C CVNA | CARVANA CO | 6.52% | $6.2M | 18,300 | $203.94 | $336.96 | -$1.1M |