Dorsey Asset Management Portfolio holdings
Dorsey Asset Management runs a single concentrated global stock strategy, picking only businesses with lasting competitive advantages, which it calls economic moats. Its founder, Pat Dorsey, spent 2000 to 2011 as director of equity research at Morningstar, where he grew the research group from 20 to 90 analysts, and wrote The Little Book that Builds Wealth. The firm holds stocks with a long-term view, over multi-year periods, and its private Global Moat funds expect to hold around 10 to 15 companies around the world. Its clients include individuals, high net worth individuals, charitable organizations and institutions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applovin
APP
|
+$59.1M |
| 2 |
Booking.com
BKNG
|
+$56.4M |
| 3 |
Uber
UBER
|
+$49.3M |
| 4 |
S&P Global
SPGI
|
+$39.6M |
| 5 |
Meta Platforms (Facebook)
META
|
+$23.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sunbelt Rentals Holdings
SUNB
|
+$79.1M |
| 2 |
AerCap
AER
|
+$50.7M |
| 3 |
ASML
ASML
|
+$15.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 29.4% |
| 2 | Technology | 24.75% |
| 3 | Healthcare | 16.46% |
| 4 | Industrials | 12.67% |
| 5 | Consumer Discretionary | 8.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
ASML
ASML
$604B
| $259M | 16.61% |
130,364
-9,931
| -7% | -$15.8M |
2025 Q1
5 quarters
|
|
|
2
Applovin
APP
$76.5B
| $226M | 14.5% |
439,313
+122,361
| +39% | +$59.1M |
2026 Q1
1 quarter
|
|
3
Royalty Pharma
RPRX
$29.9B
| $138M | 8.82% |
2,456,528
+179,958
| +8% | +$9.37M |
2025 Q3
3 quarters
|
|
|
4
Booking.com
BKNG
$111B
| $132M | 8.46% |
741,500
+330,400
| +80% | +$56.4M |
2025 Q1
5 quarters
|
|
|
5
S&P Global
SPGI
$135B
| $129M | 8.25% |
316,413
+93,730
| +42% | +$39.6M |
2026 Q1
1 quarter
|
|
|
6
Uber
UBER
$133B
| $127M | 8.14% |
1,761,941
+671,660
| +62% | +$49.3M |
2026 Q1
1 quarter
|
|
7
Live Nation Entertainment
LYV
$41.4B
| $120M | 7.69% |
655,658
+48,049
| +8% | +$7.9M |
2025 Q4
2 quarters
|
|
8
Danaher
DHR
$163B
| $119M | 7.64% |
626,211
+45,971
| +8% | +$8.35M |
2023 Q4
10 quarters
|
|
|
9
Meta Platforms (Facebook)
META
$1.6T
| $113M | 7.21% |
199,901
+38,218
| +24% | +$23.4M |
2016 Q4
38 quarters
|
|
|
10
AerCap
AER
$24.1B
| $112M | 7.16% |
766,828
-356,661
| -32% | -$50.7M |
2025 Q1
5 quarters
|
|
|
11
Sunbelt Rentals Holdings
SUNB
$34.3B
| $86.1M | 5.51% |
1,150,578
-1,054,418
| -48% | -$79.1M |
2026 Q1
1 quarter
|
|
Similar funds
Dorsey Asset Management's Q2 2026 Portfolio in Review
As of Q2 2026, Dorsey Asset Management held 11 positions worth $1.56B, up 24% from $1.26B the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Dorsey Asset Management deployed $108M of net new capital in Q2 2026, adding to 8 existing holdings.
By sector, the portfolio is most concentrated in Communication Services at 29% of assets, up from 25% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Sunbelt Rentals Holdings, an estimated $79.1M trimmed.
- Dorsey Asset Management added most to Applovin in Q2 2026, an estimated $59.1M increase.
- Dorsey Asset Management's biggest Q2 2026 reduction was Sunbelt Rentals Holdings, cutting an estimated $79.1M.
- Dorsey Asset Management's ten largest holdings make up 94% of its $1.56B portfolio in Q2 2026.
- Dorsey Asset Management opened 0 new positions and closed 0 in Q2 2026.
- Dorsey Asset Management's portfolio value rose 24% quarter-over-quarter to $1.56B.
Based on Dorsey Asset Management's 13F filing for Q2 2026, filed 14 Aug 2026.