DA
Dorsey Asset Management, LLC — Full 13F Portfolio Breakdown
Dorsey Asset Management, LLCCIK: 0001671657
ContrarianQuality / disciplined sizingHigh-turnover trader
Total reported value
$1.3B
Reporting period: 2026-03-31 · Number of holdings: 11
Dorsey Asset Management, LLC disclosed 11 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $1.3B and a quarterly turnover rate of 69.6%.
Browse other institutions with $1B to $10B AUMBrowse other institutions starting with "D"
Personality snowflake
- Concentration
- 39.49
- Portfolio Stability
- 69.61
- Momentum/Contrarian
- 0
- Sector conviction
- 63.63
- Diversification
- 22
- Sizing Uniformity
- 96.93
Dorsey Asset Management, LLC's disclosed holdings carry a Herfindahl concentration index of 0.099 — mathematically equivalent to about 10 equally-sized positions, close to its 11 actual disclosed holdings. Value is spread relatively evenly across the portfolio rather than concentrated in a handful of names.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.31), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Recent moves
Trim DHR
-29.9% -$79.4M
Trim ASML
-27.1% -$20.5M
Trim AER
-7.5% -$20.6M
Trim BKNG
+0.8% -$18.1M
Trim META
+0.8% -$13.4M
Add RPRX
+0.8% $21.9M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ASML | ASML Holding N.V. | Stock-Tech | 14.76% | -3.13% | -27.06% | |
| 2 | AER | AerCap Holdings N.V. | Stock-Industrials | 12.27% | -2.91% | -7.54% | |
| 3 | SUNB | Sunbelt Rentals Holdings INC | Stock-Industrials | 11.43% | +11.43% | NEW | |
| 4 | APP | Applovin Corp-class A | Stock-Tech | 10.04% | +10.04% | NEW | |
| 5 | DHR | Danaher CORP | Stock-Healthcare | 8.76% | -7.71% | -29.88% | |
| 6 | RPRX | Royalty Pharma plc | Stock-Healthcare | 8.70% | +1.11% | +0.76% | |
| 7 | SPGI | S&p Global INC | Stock-Financials | 7.54% | +7.54% | NEW | |
| 8 | LYV | Live Nation Entertainment In | Stock-Comm Services | 7.38% | -0.09% | +0.77% | |
| 9 | META | Meta Platforms Inc-class A | Stock-Comm Services | 7.37% | -1.84% | +0.77% | |
| 10 | UBER | Uber Technologies INC | Stock-Industrials | 6.24% | +6.24% | NEW | |
| 11 | BKNG | Booking Holdings INC | Stock-Consumer Disc | 5.51% | -2.09% | +0.78% |
Portfolio Performance
Performance for Q3 2026
+1.6%
Performance Last 4 Quarters
+21.5%
- Stdev
- +19.8%
- Beta
- +1.2
- Alpha
- -2.2%
- Max Drawdown
- -18.9%
- Annualized Perf
- +19.6%
- Batting Avg vs S&P
- +44.4%
- Sortino
- +1.78
- Stutzer
- +0.29
- Treynor
- +0.17
- Sterling
- +0.89
- Calmar
- +1.04
- Information Ratio
- +0.12
- Tracking Error
- +12.3%
- Stdev Down
- +11.2%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +66%
- Worst 12 Months
- +3.5%
- Efficiency Ratio
- +0.41
- Sharpe
- +1.01
- Stdev Sectors
- +8.7%
- Skewness
- -0.04
- Kurtosis
- +0.4
- Upside Potential
- +3.45
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 11 | $1.3B | 70 | |
| 2025-12-31 | 10 | $1.2B | 27 | |
| 2025-09-30 | 9 | $1.1B | 50 | |
| 2025-06-30 | 10 | $1.1B | 0 | |
| 2025-03-31 | 11 | $943.6M | 100 | |
| 2024-12-31 | 11 | $970.0M | 0 | |
| 2024-09-30 | 12 | $927.6M | 0 | |
| 2024-06-30 | 11 | $839.4M | 0 | |
| 2024-03-31 | 10 | $860.2M | 0 | |
| 2023-12-31 | 9 | $778.0M | 0 | |
| 2023-09-30 | 10 | $765.9M | 0 | |
| 2023-06-30 | 10 | $755.2M | 0 | |
| 2023-03-31 | 9 | $882.0M | 0 | |
| 2022-12-31 | 9 | $687.9M | 0 | |
| 2022-09-30 | 10 | $825.2M | 0 | |
| 2022-06-30 | 10 | $801.1M | 0 | |
| 2022-03-31 | 11 | $1.0B | 0 | |
| 2021-12-31 | 10 | $1.2B | 0 | |
| 2021-09-30 | 9 | $1.1B | 0 | |
| 2021-06-30 | 9 | $1.3B | 84 | |
| 2021-03-31 | 8 | $956.1M | 37 | |
| 2020-12-31 | 9 | $764.4M | 31 | |
| 2020-09-30 | 11 | $673.0M | 30 | |
| 2020-06-30 | 10 | $618.9M | 51 | |
| 2020-03-31 | 8 | $396.2M | 47 | |
| 2019-12-31 | 9 | $508.2M | 41 | |
| 2019-09-30 | 9 | $426.1M | 22 | |
| 2019-06-30 | 10 | $447.4M | 38 | |
| 2019-03-31 | 9 | $398.1M | 46 | |
| 2018-12-31 | 11 | $359.8M | 30 | |
| 2018-09-30 | 12 | $426.8M | 20 | |
| 2018-06-30 | 11 | $378.7M | 44 | |
| 2018-03-31 | 9 | $295.6M | 44 | |
| 2017-12-31 | 10 | $277.2M | 32 | |
| 2017-09-30 | 10 | $230.6M | 30 | |
| 2017-06-30 | 10 | $213.1M | 22 | |
| 2017-03-31 | 9 | $176.8M | 49 | |
| 2016-12-31 | 6 | $106.9M | 0 |
Holding changes this quarter
Dorsey Asset Management, LLC's most significant position changes for 2026-03-31: New buy: Sunbelt Rentals Holdings INC (SUNB); New buy: Applovin Corp-class A (APP); New buy: S&p Global INC (SPGI); Sold out: Autozone INC (AZO); New buy: Uber Technologies INC (UBER).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | RPRX | Royalty Pharma plc | +1.1% | +0.76% | Add |
| 2 | LYV | Live Nation Entertainment In | -0.1% | +0.77% | Add |
| 3 | META | Meta Platforms Inc-class A | -1.8% | +0.77% | Add |
| 4 | BKNG | Booking Holdings INC | -2.1% | +0.78% | Add |
| 5 | AER | AerCap Holdings N.V. | -2.9% | -7.54% | Trim |
| 6 | ASML | ASML Holding N.V. | -3.1% | -27.06% | Trim |
| 7 | DHR | Danaher CORP | -7.7% | -29.88% | Trim |
| 8 | SUNB | Sunbelt Rentals Holdings INC | — | NEW | New buy |
| 9 | APP | Applovin Corp-class A | — | NEW | New buy |
| 10 | SPGI | S&p Global INC | — | NEW | New buy |
| 11 | AZO | Autozone INC | — | EXIT | Sold out |
| 12 | UBER | Uber Technologies INC | — | NEW | New buy |
| 13 | GOOG | Alphabet Inc-cl C | — | EXIT | Sold out |
| 14 | ENOV | Enovis CORP | — | EXIT | Sold out |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-15 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-17 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-14 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-15 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-02-14 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-14 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-05-15 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-14 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-14 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-14 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-07-20 | Amendment | View on EDGAR |
| 2023-03-31 | 2023-05-15 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-14 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2023-07-20 | Amendment | View on EDGAR |
| 2022-09-30 | 2022-11-14 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-15 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-13 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-14 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-15 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-16 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-14 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-16 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-13 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-14 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-15 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-02-14 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-11-14 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-14 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-15 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-14 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-14 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-14 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-15 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-14 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-14 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-08 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-15 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-01-17 | 13F-HR | View on EDGAR |
FAQ
What is Dorsey Asset Management, LLC and what type of investor is it?
Dorsey Asset Management, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $1.3B, spread across 11 disclosed positions.
What are Dorsey Asset Management, LLC's largest equity positions?
Based on the latest 13F filing, Dorsey Asset Management, LLC's top holdings by market value are:
1. ASML Holding N.V. (ASML) — $185.3M (14.8%)
2. AerCap Holdings N.V. (AER) — $154.1M (12.3%)
3. Sunbelt Rentals Holdings INC (SUNB) — $143.5M (11.4%)
4. Applovin Corp-class A (APP) — $126.1M (10.0%)
5. Danaher CORP (DHR) — $110.0M (8.8%)
What changes did Dorsey Asset Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, Dorsey Asset Management, LLC made 14 notable position adjustments: 4 new positions were initiated, 4 existing holdings were added to, 3 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Sunbelt Rentals Holdings INC (SUNB); New buy: Applovin Corp-class A (APP); New buy: S&p Global INC (SPGI); Sold out: Autozone INC (AZO); New buy: Uber Technologies INC (UBER)
What sectors does Dorsey Asset Management, LLC focus on?
Dorsey Asset Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Industrials: 29.9%
• Information Technology: 24.8%
• Health Care: 17.5%
• Communication Services: 14.7%
• Financials: 7.5%
• Consumer Discretionary: 5.5%
Peer Institutions
Institutions with a similar AUM
TF
Tompkins Financial CORP
CIK 0001005817
Total reported value
$1.3B
746 stks
2026-03-31
Concentration11.1
Portfolio Stability16.1
Sector conviction44.8
AUM within 0.0% of this institution
View detail
HP
Harvey Partners, LLC
CIK 0001406484
Total reported value
$1.3B
47 stks
2026-03-31
Concentration11.4
Portfolio Stability35.2
Sector conviction100.0
AUM within 0.1% of this institution
View detail
PI
Perennial Investment Advisors, LLC
CIK 0001801523
Total reported value
$1.3B
511 stks
2026-03-31
Concentration6.3
Portfolio Stability14.6
Sector conviction78.0
AUM within 0.1% of this institution
View detail
Similar Holdings Style
Institutions with overlapping top holdings
Lone Pine Capital LLC
CIK 0001061165
Total reported value
$12.5B
36 stks
2026-03-31
Concentration17.1
Portfolio Stability84.9
Sector conviction58.8
2 of the top 5 holdings overlap, including ASML Holding N.V.
View detail
WI
Wcm Investment Management, LLC
CIK 0001061186
Total reported value
$43.8B
291 stks
2026-03-31
Concentration11.4
Portfolio Stability34.9
Sector conviction54.2
2 of the top 5 holdings overlap, including ASML Holding N.V.
View detail
BM
Beck Mack & Oliver LLC
CIK 0000010742
Total reported value
$4.8B
195 stks
2026-03-31
Concentration12.3
Portfolio Stability26.7
Sector conviction56.3
1 of the top 5 holdings overlap, including Sunbelt Rentals Holdings INC
View detail