Dorsal Capital Management, LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Dorsal Capital Management, LP disclosed 23 US equity positions worth $3.7bn in its Q3 2025 13F filing. The largest position was SE at 7.8% of the reported book, followed by WIX and TSM. Against the Q2 2025 filing, it opened 1 new position, added to 10 and reduced 11 among the top 23 holdings.
What did Dorsal Capital Management, LP own in Q3 2025? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SE SEA LTD | Consumer Cyclical | 7.8% | $290.4m | 1,625,000 | -12% | reduced |
| 2 | WIX WIX COM LTD | Technology | 7.6% | $279.8m | 1,575,000 | 50% | added |
| 3 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 7.0% | $258.3m | 925,000 | -14% | reduced |
| 4 | PLNT PLANET FITNESS INC | Consumer Cyclical | 6.5% | $241.3m | 2,325,000 | -6% | reduced |
| 5 | MSFT MICROSOFT CORP | Technology | 6.2% | $230.5m | 445,000 | -11% | reduced |
| 6 | CPNG COUPANG INC | Consumer Cyclical | 6.1% | $225.4m | 7,000,000 | -4% | reduced |
| 7 | Z ZILLOW GROUP INC | Communication Services | 5.6% | $206.6m | 2,681,250 | 9% | added |
| 8 | BURL BURLINGTON STORES INC | Consumer Cyclical | 5.5% | $203.6m | 800,000 | 7% | added |
| 9 | USFD US FOODS HLDG CORP | Consumer Defensive | 5.2% | $193.5m | 2,525,000 | -8% | reduced |
| 10 | HD HOME DEPOT INC | Consumer Cyclical | 5.2% | $192.5m | 475,000 | -10% | reduced |
| 11 | AMZN AMAZON COM INC | Consumer Cyclical | 5.0% | $186.6m | 850,000 | -28% | reduced |
| 12 | META META PLATFORMS INC | Communication Services | 4.8% | $176.3m | 240,000 | 4% | added |
| 13 | ADSK AUTODESK INC | Technology | 3.9% | $143.0m | 450,000 | 6% | added |
| 14 | LLYVK LIBERTY MEDIA CORP DEL | 3.2% | $117.5m | 1,125,000 | 2% | added | |
| 15 | FLUTTER ENTMT PLC | 2.7% | $101.6m | 400,000 | -24% | reduced | |
| 16 | SN SHARKNINJA INC | Consumer Cyclical | 2.7% | $100.6m | 975,000 | 15% | added |
| 17 | NTNX NUTANIX INC | Technology | 2.7% | $100.4m | 1,350,000 | 50% | added |
| 18 | DT DYNATRACE INC | Technology | 2.6% | $96.9m | 2,000,000 | -7% | reduced |
| 19 | QRVO QORVO INC | Technology | 2.5% | $91.1m | 1,000,000 | 147% | added |
| 20 | MNDY MONDAY COM LTD | Technology | 2.2% | $82.3m | 425,000 | 13% | added |
| 21 | NXST NEXSTAR MEDIA GROUP INC | Communication Services | 2.0% | $74.2m | 375,000 | – | new |
| 22 | APP APPLOVIN CORP | Communication Services | 1.7% | $64.7m | 90,000 | -10% | reduced |
| 23 | AAP ADVANCE AUTO PARTS INC | Consumer Cyclical | 1.2% | $43.0m | 700,000 | 0% | held |
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.