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Dorsey Asset Management, LLCtracked

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CIK 1671657

13F portfolio (2026-Q1)
$1.3B
Positions
11
Implied 1Y CAGR
+23.4%
modeled · as filed

Reported long US book (13F) · Δ vs 2025-Q4 · methodology

Implied return what this book implies methodology →

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As filed = each book applied at quarter-end (what it did) · As copyable = applied at the 45-day filing deadline (what a follower could have earned).

Computing…

Exposures · what it owns, by sector & size (2026-Q1)

Holdings
11
Top 5
57.3%
Top 10
94.5%
Effective N
10.1
HHI
0.099

By sector

Industrials: 32.4%Communication Services: 24.8%Health Care: 17.5%Unclassified: 12.3%Financials: 7.5%Consumer Discretionary: 5.5%Sector
Industrials32.4%
Communication Services24.8%
Health Care17.5%
Unclassified12.3%
Financials7.5%
Consumer Discretionary5.5%

By market cap

Large ($10–200B): 65.6%Unknown: 27.0%Mega (>$200B): 7.4%Size
Large ($10–200B)65.6%
Unknown27.0%
Mega (>$200B)7.4%

By region

North America: 73.0%Europe: 14.8%Other: 12.3%Region
North America73.0%
Europe14.8%
Other12.3%

By industry group GICS — finer than sector

Industry groupWeightNames
Commercial Services & Supplies25.21%3
Software & IT Services17.41%2
Machinery14.76%1
Unclassified12.27%1
Technology Hardware & Equipment8.76%1
Pharmaceuticals & Biotechnology8.70%1
Entertainment7.38%1
Transportation Infrastructure5.51%1

Top holdings

#TickerNameSectorWeight
1ASMLASML Holding NVIndustrials14.76%
2AERAERCAP HOLDINGS NVUnclassified12.27%
3SUNBSunbelt Rentals Holdings, Inc.Industrials11.43%
4APPAppLovin CorpCommunication Services10.04%
5DHRDANAHER CORP /DE/Health Care8.76%
6RPRXRoyalty Pharma plcHealth Care8.70%
7SPGIS&P Global Inc.Financials7.54%
8LYVLive Nation Entertainment, Inc.Communication Services7.38%
9METAMeta Platforms, Inc.Communication Services7.37%
10UBERUber Technologies, IncIndustrials6.24%

10/11 classified; unclassified names are still shown.

Sector allocation over time · how the sector mix & top names shifted each quarter

top 5 per sector, the rest → “Other” · 38 quarters
0%25%50%75%100%20162017201820192020202120222023202420252026METAGOOGROKUDISTTDOther Communication ServicesEBAYAZOSITEYELPCHGGOther Consumer DiscretionaryUPWKROPWKDSGXSPTPYPLSPGIDHRRPRXENOVASMLHRISUNBUBERDGWIXSMARCIMPRESS N VAVALARA INCBROOKFIELD ASSET MGMT INCOther Unclassified

Sector allocation over 38 reported quarters, 2016-Q4 to 2026-Q1, 33 bands (top holdings within each sector). Latest quarter 2026-Q1: Other Communication Services 17.4%, ASML 14.8%, Other Unclassified 12.3%, SUNB 11.4%, DHR 8.8%. Use the arrow keys to read a quarter.

Communication ServicesMETA, GOOG, ROKU, DIS, TTD · other
Consumer DiscretionaryEBAY, AZO, SITE, YELP, CHGG · other
Information TechnologyUPWK, ROP, WK, DSGX, SPT
FinancialsPYPL, SPGI
Health CareDHR, RPRX, ENOV
IndustrialsASML, HRI, SUNB, UBER
Consumer Staples
UnclassifiedWIX, SMAR, CIMPRESS N V, AVALARA INC, BROOKFIELD ASSET MGMT INC · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 87.7% of the book is classified (unclassified names are still shown).

Style box · size × value-growth placement (2026-Q1), classified on today's fundamentals (not point-in-time) — load into PORT to overlay your own book

45% of book weight is classified — the grid represents that much of the book.

ValueCore (blend)GrowthSmallMidLarge9%8%29%
holdings, colored by sector (6 classified)Dorsey Asset Management, LLC centroid (Large Growth)
Communication ServicesHealth CareFinancialsIndustrialsConsumer Discretionary

Style box summary for Dorsey Asset Management, LLC: centroid Large Growth. Heaviest cells: Large Growth 29.2%, Large Value 8.8%, Large Core 7.5%.

Classified: 45.5% of book weight (6/11 names) · unclassified 54.5%.

Contribution holdings-based, any period

Attribution lands once this book has priced history across the window. Try a longer period.

Holdings· 11 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#SecuritySharesValueWeightΔ QoQ
1ASMLASML HOLDING N V140,295$185M14.8%TRIM −27%
2AERAERCAP HOLDINGS NV1,123,489$154M12.3%TRIM −8%
3SUNBSUNBELT RENTALS HOLDINGS INC2,204,996$144M11.4%NEW
4APPAPPLOVIN CORP316,952$126M10.0%NEW
5DHRDANAHER CORP DEL580,240$110M8.8%TRIM −30%
6RPRXROYALTY PHARMA PLC2,276,570$109M8.7%HOLD
7SPGIS&P GLOBAL INC222,683$95M7.5%NEW
8LYVLIVE NATION ENTERTAINMENT IN607,609$93M7.4%HOLD
9METAMETA PLATFORMS INC161,683$93M7.4%HOLD
10UBERUBER TECHNOLOGIES INC1,090,281$78M6.2%NEW
11BKNGBOOKING HOLDINGS INC16,444$69M5.5%HOLD

Position trends· top 11 holdings · shares held over 6 quarters

green added · red trimmed
Security2024-Q42025-Q12025-Q22025-Q32025-Q42026-Q1Latest value
ASMLASML HOLDING N V71K140K173K192K140K$185M
AERAERCAP HOLDINGS NV1.1M1.4M1.3M1.2M1.1M$154M
SUNBSUNBELT RENTALS HOLDINGS INC2.2M$144M
APPAPPLOVIN CORP317K$126M
DHRDANAHER CORP DEL395K691K927K861K828K580K$110M
RPRXROYALTY PHARMA PLC2.4M2.3M2.3M$109M
SPGIS&P GLOBAL INC223K$95M
LYVLIVE NATION ENTERTAINMENT IN603K608K$93M
METAMETA PLATFORMS INC208K247K245K192K160K162K$93M
UBERUBER TECHNOLOGIES INC1.1M$78M
BKNGBOOKING HOLDINGS INC16K18K17K16K16K$69M

Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.

Related· where to look next

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Firm lineageForm ADV + cited

Where this firm's principals came from, and what its alumni went on to found.

joins filed 13F data only — no style, strategy or performance similarity is claimed · 13F 2026-Q1
Similar managers — “Similar” = same top sector (Industrials) + closest 13F size, self excluded; NOT a style or performance match, and a filer whose real business is elsewhere (shorts, private, non-13F) can still surface.
Also hold ASML — other Section 13(f) filers reporting a long position in this book's largest tickered holding for 2026-Q1. Lagged quarterly filings (up to 45 days after quarter-end); “% of shares out” is omitted where the reported share count can't carry it. % of shares outstanding not shown: this line files 20-F annual reports only — a foreign private issuer whose US listing trades as ADSs (depositary receipts), while its cover-page share count is in ORDINARY shares. The depositary ratio is not in our data. The count we hold for this line is 385,417,665 shares (as of 2025-12-31, source dei). Dividing one by the other is wrong by the whole ratio (a 5:1 ADR reads one fifth of the true percentage), so the percentage is withheld rather than served wrong. Holder share counts are shown as filed.
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