Dorsey Asset Management, LLC

CIK 1671657 · View on SEC EDGAR ↗

Portfolio value
$1.6B
#1,806 of 9,443 by 13F value · top 19.1%
Positions
11
As of
June 30, 2026

Portfolio value QoQ: +24.3% 13F does not disclose cash

Top 10 holdings weight
94.49%
Top 25 holdings weight
100.00%
Positions above 1%
11
Effective number of positions
9.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 10.69% Est. buys $328,090,376 · sells $150,632,180

Median holding: 3.0 quarters Tracked Q4 2024–Q2 2026 · 52.4% still held

New positions
0
Increased
8
Decreased
3
Closed
3
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+17.5%
S&P 500 total return (same window)
+28.1%
Excess return
-10.6%

Annualized: +11.4% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 96.5% · Options excluded: 0.0%

Sector breakdown

Technology
31.1%
Healthcare
16.5%
Industrials
15.3%
Communication Services
14.9%
Consumer Discretionary
8.5%
Financial Services
8.3%
Other/Unmapped
5.5%

Full portfolio 11 positions

Type Streak 8Q trend
ASML ASML Holding N.V. - New York Registry Shares $259,351,356 16.61% 130,364 $74,045,511 Down ×2
APP Applovin Corporation - Class A Common Stock $226,347,237 14.50% 439,313 $100,200,341 Up ×1
RPRX Royalty Pharma plc - Class A Ordinary Shares $137,737,525 8.82% 2,456,528 $28,530,462 Up ×2
BKNG Booking Holdings Inc. - Common Stock $132,164,960 8.46% 741,500 $62,930,458 Up ×2
SPGI S&P Global Inc. Common Stock $128,862,358 8.25% 316,413 $34,146,371 Up ×1
UBER Uber Technologies, Inc. Common Stock $127,141,663 8.14% 1,761,941 $48,717,751 Up ×1
LYV Live Nation Entertainment, Inc. Common Stock $120,057,536 7.69% 655,658 $27,391,087 Up ×2
DHR Danaher Corporation Common Stock $119,280,671 7.64% 626,211 $9,267,167 Up ×1
META Meta Platforms, Inc. - Class A Common Stock $112,602,234 7.21% 199,901 $20,098,539 Up ×2
AER AerCap Holdings N.V. Ordinary Shares $111,788,186 7.16% 766,828 $-42,332,035 Down ×4
Unknown issuer (CUSIP: 866966104) $86,074,740 5.51% 1,150,578 $-57,448,450 Down ×1

Top movers (QoQ)

Security Action Shares Δ Value Δ
APP Bought more +122K +$100.2M
ASML Trimmed -10K +$74.0M
BKNG Bought more +725K +$62.9M
Trimmed -1.1M -$57.4M
UBER Bought more +672K +$48.7M
AER Trimmed -357K -$42.3M
SPGI Bought more +94K +$34.1M
RPRX Bought more +180K +$28.5M
LYV Bought more +48K +$27.4M
META Bought more +38K +$20.1M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
AZO March 31, 2026 25,121 $85,197,872 -12.4%
SMAR March 31, 2025 1,447,727 $81,116,144 No longer tracked
GOOG March 31, 2026 216,906 $68,065,103 18.2%
ENOV March 31, 2026 2,279,200 $60,717,888 15.2%
PYPL June 30, 2025 858,231 $55,999,573 -16.3%
HRI March 31, 2025 272,903 $51,668,725 21.0%
SPT June 30, 2025 2,304,414 $50,674,064 -53.7%
UPWK March 31, 2025 3,045,142 $49,788,072 -33.8%
WIX Sept. 30, 2025 146,777 $23,258,283 -54.8%
SEMR Sept. 30, 2025 2,284,578 $20,675,431 No longer tracked