Darsana Capital Partners LP 13F: Quarter-over-Quarter Portfolio Changes
Darsana Capital Partners LP reported a disclosed portfolio value of approximately $22.3 billion in its latest SEC Form 13F-HR filing for Q2 2026, up 374.1% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 5 holdings, trimmed 4 holdings, and exited 1 position.
Darsana Capital Partners LP's top buy was a new stake in Space Exploration Techn CORP (SPCX) , equal to 77.8% of the disclosed portfolio. Its top sell was Vertiv Holdings CO (VRT) . The fund sold 75.5% of its previously reported shares, reducing the position's portfolio weight by 5.0 percentage points.
New PositionsQ2 2026
Securities disclosed for the first time in Q2 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| SPACE EXPLORATION TECHN CORP | SPCX | 77.8% | History → |
| AMAZON.COM INC | AMZN | 2.7% | History → |
| META PLATFORMS INC | META | 0.8% | Holders → |
Top BuysQ2 2026
The fund's top buys among existing positions in Q2 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| HCA HEALTHCARE INC | HCA | +-5.6% | +46.7% | History → |
| WINGSTOP INC | WING | +-3.0% | +20.0% | Holders → |
| DICKS SPORTING GOODS INC | DKS | +-4.3% | +9.1% | History → |
| SOTERA HEALTH CO | SHC | +-5.8% | +3.8% | History → |
| WARNER MUSIC GROUP CORP | WMG | +-5.0% | +0.8% | History → |
Top SellsQ2 2026
The fund's top sells among positions it retained in Q2 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| VERTIV HOLDINGS CO | VRT | -5.0% | 75.5% | Holders → |
| ECHOSTAR CORP | SATS | -15.2% | 28.6% | History → |
| GUIDEWIRE SOFTWARE | GWRE | -10.6% | 4.9% | History → |
| NEW YORK TIMES CO MTN BE | NYT | -7.4% | 0.8% | History → |
Full ExitsQ2 2026
Positions present in the prior 13F-HR filing that no longer appear in Q2 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| SOMNIGROUP INTERNATIONAL INC | SGI | 4.2% |
Net Portfolio Value ChangeQ2 2026
- $4.7BPrior quarter
- $22.3BCurrent quarter
- +$17.6BNet delta
- +374.1%% change
Methodology & FAQ
How Darsana Capital Partners LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Darsana Capital Partners LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description, including how confidential treatment filings are handled, is documented in the Methodology.
What stocks did Darsana Capital Partners LP buy in Q2 2026?
In Q2 2026, Darsana Capital Partners LP initiated 3 new positions (SPACE EXPLORATION TECHN CORP (SPCX), AMAZON.COM INC (AMZN), META PLATFORMS INC (META)); bought more shares of HCA HEALTHCARE INC (HCA), WINGSTOP INC (WING), DICKS SPORTING GOODS INC (DKS), SOTERA HEALTH CO (SHC), WARNER MUSIC GROUP CORP (WMG).
What stocks did Darsana Capital Partners LP sell in Q2 2026?
In Q2 2026, Darsana Capital Partners LP fully sold 1 position (SOMNIGROUP INTERNATIONAL INC (SGI)); reduced holdings in VERTIV HOLDINGS CO (VRT), ECHOSTAR CORP (SATS), GUIDEWIRE SOFTWARE (GWRE), NEW YORK TIMES CO MTN BE (NYT).
Which positions did Darsana Capital Partners LP initiate in Q2 2026?
Darsana Capital Partners LP established 3 new positions in Q2 2026: SPACE EXPLORATION TECHN CORP (SPCX, 77.8%), AMAZON.COM INC (AMZN, 2.7%), META PLATFORMS INC (META, 0.8%).
Which existing positions saw the largest allocation increases for Darsana Capital Partners LP in Q2 2026?
Of 5 existing positions with share-count increases in Q2 2026, the largest were: HCA HEALTHCARE INC (HCA, +-5.6% weight, +46.7% shares), WINGSTOP INC (WING, +-3.0% weight, +20.0% shares), DICKS SPORTING GOODS INC (DKS, +-4.3% weight, +9.1% shares), SOTERA HEALTH CO (SHC, +-5.8% weight, +3.8% shares), WARNER MUSIC GROUP CORP (WMG, +-5.0% weight, +0.8% shares).
Which positions did Darsana Capital Partners LP fully exit in Q2 2026?
Darsana Capital Partners LP fully exited 1 position in Q2 2026: SOMNIGROUP INTERNATIONAL INC (SGI, last-reported weight 4.2%).
Which existing positions saw the largest allocation reductions for Darsana Capital Partners LP in Q2 2026?
Of 4 existing positions with share-count reductions in Q2 2026, the largest were: VERTIV HOLDINGS CO (VRT, -5.0% weight, -75.5% shares), ECHOSTAR CORP (SATS, -15.2% weight, -28.6% shares), GUIDEWIRE SOFTWARE (GWRE, -10.6% weight, -4.9% shares), NEW YORK TIMES CO MTN BE (NYT, -7.4% weight, -0.8% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.