Dorsey Asset Management, LLC — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, Dorsey Asset Management, LLC initiated 4 new positions, increased allocation to 4 existing positions, trimmed 3 positions, and exited 3 positions entirely. The fund's 13F equity book grew from $1.15B to $1.26B (+9.2% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $1.15BPrior quarter
- $1.26BCurrent quarter
- + $0.11BNet delta
- +9.2%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| SUNBELT RENTALS HOLDINGS INC | SUNB | 11.43% | History → |
| APPLOVIN CORP | APP | 10.04% | History → |
| S&P GLOBAL INC | SPGI | 7.54% | History → |
| UBER TECHNOLOGIES INC | UBER | 6.24% | History → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| BOOKING HOLDINGS INC | BKNG | +-2.08% | +0.78% | Holders → |
| LIVE NATION ENTERTAINMENT IN | LYV | +-0.09% | +0.77% | History → |
| META PLATFORMS INC | META | +-1.84% | +0.77% | History → |
| ROYALTY PHARMA PLC | RPRX | +1.11% | +0.76% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| DANAHER CORP DEL | DHR | -7.71% | -29.88% | History → |
| ASML HOLDING NV | ASML | -3.13% | -27.06% | History → |
| AERCAP HOLDINGS NV | AER | -2.91% | -7.54% | History → |
Exited Positions Q1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| AUTOZONE, INC. | AZO | 7.41% |
| ALPHABET INC | GOOG | 5.92% |
| ENOVIS CORPORATION | ENOV | 5.28% |
Methodology & FAQ
How Dorsey Asset Management, LLC Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for Dorsey Asset Management, LLC against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
Which positions did Dorsey Asset Management, LLC initiate in Q1 2026?
Dorsey Asset Management, LLC established 4 new positions in Q1 2026: SUNBELT RENTALS HOLDINGS INC (SUNB, 11.43%), APPLOVIN CORP (APP, 10.04%), S&P GLOBAL INC (SPGI, 7.54%), UBER TECHNOLOGIES INC (UBER, 6.24%).
Which existing positions saw the largest allocation increases for Dorsey Asset Management, LLC in Q1 2026?
The largest portfolio-weight increases in existing positions were: BOOKING HOLDINGS INC (BKNG, +-2.08% weight, +0.78% shares), LIVE NATION ENTERTAINMENT IN (LYV, +-0.09% weight, +0.77% shares), META PLATFORMS INC (META, +-1.84% weight, +0.77% shares), ROYALTY PHARMA PLC (RPRX, +1.11% weight, +0.76% shares).
Which positions did Dorsey Asset Management, LLC fully exit in Q1 2026?
Dorsey Asset Management, LLC fully exited 3 positions in Q1 2026: AUTOZONE, INC. (AZO, last-reported weight 7.41%), ALPHABET INC (GOOG, last-reported weight 5.92%), ENOVIS CORPORATION (ENOV, last-reported weight 5.28%).
Which existing positions saw the largest allocation reductions for Dorsey Asset Management, LLC in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: DANAHER CORP DEL (DHR, -7.71% weight, -29.88% shares), ASML HOLDING NV (ASML, -3.13% weight, -27.06% shares), AERCAP HOLDINGS NV (AER, -2.91% weight, -7.54% 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.