# Pat Dorsey — Dorsey Asset Management

Portfolio USD 1,561,409,000 · 11 positions · 2026 Q2 · history from 2016 Q4.
Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/DA

## Positions (2026 Q2)

| Ticker | Company | % of portfolio | Value | This quarter | Holders |
|---|---|---:|---:|---|---:|
| ASML | ASML Holding NV | 17% | USD 259,351,000 | -7.08% |  |
| APP | Applovin Corp. | 15% | USD 226,347,000 | +38.61% |  |
| RPRX | Royalty Pharma plc | 8.8% | USD 137,738,000 | +7.9% |  |
| BKNG | Booking Holdings Inc. | 8.5% | USD 132,165,000 | +80.37% |  |
| SPGI | S&P Global Inc. | 8.3% | USD 128,862,000 | +42.09% |  |
| UBER | Uber Technologies Inc. | 8.1% | USD 127,142,000 | +61.6% |  |
| LYV | Live Nation Inc. | 7.7% | USD 120,058,000 | +7.91% |  |
| DHR | Danaher Corp. | 7.6% | USD 119,281,000 | +7.92% |  |
| META | Meta Platforms Inc. | 7.2% | USD 112,602,000 | +23.64% |  |
| AER | AerCap Holdings N.V. | 7.2% | USD 111,788,000 | -31.75% |  |
| SUNB | Sunbelt Rentals Holdings Inc | 5.5% | USD 86,075,000 | -47.82% |  |

## Moves this quarter (11)

- ASML ASML Holding NV: -7.08% (USD 259,351,000)
- APP Applovin Corp.: +38.61% (USD 226,347,000)
- RPRX Royalty Pharma plc: +7.9% (USD 137,738,000)
- BKNG Booking Holdings Inc.: +80.37% (USD 132,165,000)
- SPGI S&P Global Inc.: +42.09% (USD 128,862,000)
- UBER Uber Technologies Inc.: +61.6% (USD 127,142,000)
- LYV Live Nation Inc.: +7.91% (USD 120,058,000)
- DHR Danaher Corp.: +7.92% (USD 119,281,000)
- META Meta Platforms Inc.: +23.64% (USD 112,602,000)
- AER AerCap Holdings N.V.: -31.75% (USD 111,788,000)
- SUNB Sunbelt Rentals Holdings Inc: -47.82% (USD 86,075,000)

## Portfolio value by quarter

- 2016 Q4: USD 106,925,876 (6 positions)
- 2017 Q1: USD 176,815,044 (9 positions)
- 2017 Q2: USD 213,107,498 (10 positions)
- 2017 Q3: USD 230,565,030 (10 positions)
- 2017 Q4: USD 277,225,996 (10 positions)
- 2018 Q1: USD 295,583,416 (9 positions)
- 2018 Q2: USD 378,660,867 (11 positions)
- 2018 Q3: USD 426,836,615 (12 positions)
- 2018 Q4: USD 359,793,081 (11 positions)
- 2019 Q1: USD 398,039,829 (9 positions)
- 2019 Q2: USD 447,347,622 (10 positions)
- 2019 Q3: USD 426,092,184 (9 positions)
- 2019 Q4: USD 508,172,984 (9 positions)
- 2020 Q1: USD 396,151,786 (8 positions)
- 2020 Q2: USD 618,868,126 (10 positions)
- 2020 Q3: USD 672,960,092 (11 positions)
- 2020 Q4: USD 764,270,560 (9 positions)
- 2021 Q1: USD 956,109,004 (8 positions)
- 2021 Q2: USD 1,326,182,914 (9 positions)
- 2021 Q3: USD 1,145,635,657 (9 positions)
- 2021 Q4: USD 1,172,102,539 (10 positions)
- 2022 Q1: USD 1,038,468,416 (11 positions)
- 2022 Q2: USD 801,001,374 (10 positions)
- 2022 Q3: USD 785,962,081 (10 positions)
- 2022 Q4: USD 687,863,507 (9 positions)
- 2023 Q1: USD 881,805,130 (9 positions)
- 2023 Q2: USD 755,229,571 (10 positions)
- 2023 Q3: USD 765,793,725 (10 positions)
- 2023 Q4: USD 777,875,887 (9 positions)
- 2024 Q1: USD 860,339,716 (10 positions)
- 2024 Q2: USD 839,236,558 (11 positions)
- 2024 Q3: USD 927,734,357 (12 positions)
- 2024 Q4: USD 970,037,173 (11 positions)
- 2025 Q1: USD 943,516,996 (11 positions)
- 2025 Q2: USD 1,115,299,220 (10 positions)
- 2025 Q3: USD 1,112,595,726 (9 positions)
- 2025 Q4: USD 1,150,166,513 (10 positions)
- 2026 Q1: USD 1,255,860,113 (11 positions)
- 2026 Q2: USD 1,561,409,000 (11 positions)