Dorsal Capital Management, LP 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Dorsal Capital Management, LP disclosed 23 US equity positions worth $3.5bn in its Q2 2025 13F filing. The largest position was SE at 8.4% of the reported book, followed by PLNT and AMZN. Against the Q1 2025 filing, it opened 2 new positions, added to 9 and reduced 6 among the top 23 holdings.
What did Dorsal Capital Management, LP own in Q2 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 8.4% | $295.9m | 1,850,000 | 23% | added |
| 2 | PLNT PLANET FITNESS INC | Consumer Cyclical | 7.7% | $269.9m | 2,475,000 | 8% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 7.3% | $257.8m | 1,175,000 | -27% | reduced |
| 4 | MSFT MICROSOFT CORP | Technology | 7.1% | $248.7m | 500,000 | 15% | added |
| 5 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 6.9% | $243.5m | 1,075,000 | 7% | added |
| 6 | CPNG COUPANG INC | Consumer Cyclical | 6.2% | $218.7m | 7,300,000 | 4% | added |
| 7 | USFD US FOODS HLDG CORP | Consumer Defensive | 6.0% | $211.8m | 2,750,000 | -4% | reduced |
| 8 | HD HOME DEPOT INC | Consumer Cyclical | 5.5% | $192.5m | 525,000 | 31% | added |
| 9 | BURL BURLINGTON STORES INC | Consumer Cyclical | 5.0% | $174.5m | 750,000 | 7% | added |
| 10 | Z ZILLOW GROUP INC | Communication Services | 4.9% | $171.6m | 2,450,000 | -20% | reduced |
| 11 | META META PLATFORMS INC | Communication Services | 4.8% | $169.8m | 230,000 | -16% | reduced |
| 12 | WIX WIX COM LTD | Technology | 4.7% | $166.4m | 1,050,000 | -28% | reduced |
| 13 | FLUTTER ENTMT PLC | 4.3% | $150.0m | 525,000 | 17% | added | |
| 14 | ADSK AUTODESK INC | Technology | 3.7% | $131.6m | 425,000 | 0% | held |
| 15 | DT DYNATRACE INC | Technology | 3.4% | $118.7m | 2,150,000 | 0% | held |
| 16 | MNDY MONDAY COM LTD | Technology | 3.4% | $117.9m | 375,000 | 0% | held |
| 17 | LLYVK LIBERTY MEDIA CORP DEL | 3.3% | $115.0m | 1,100,000 | 0% | held | |
| 18 | SN SHARKNINJA INC | Consumer Cyclical | 2.4% | $84.1m | 850,000 | 0% | held |
| 19 | NTNX NUTANIX INC | Technology | 2.0% | $68.8m | 900,000 | 0% | held |
| 20 | APP APPLOVIN CORP | Communication Services | 1.0% | $35.0m | 100,000 | -44% | reduced |
| 21 | QRVO QORVO INC | Technology | 1.0% | $34.4m | 405,000 | – | new |
| 22 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 0.9% | $32.5m | 700,000 | 17% | added |
| 23 | HNGE HINGE HEALTH INC | Healthcare | 0.1% | $3.6m | 70,000 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.