Pat Dorsey

Dorsey Asset Management · managing since 2013 · ranked #10 of 12 by concentration

Portfolio value

$1.6B

Long US equity in the 13F

Positions

0 closed this quarter

Top five weight

56.6%

Largest is ASML at 17%

Average holding period

1.5 yrs

Turns the book more than most

Quarterly turnover

Low turnover

Where the money sits

Top 10 positions · everything else grouped as Other

ASMLAsml Holding Nv16.6%APPAppLovin Corp14.5%RPRXRoyalty Pharma plc8.8%BKNGBooking Holdings Inc.8.5%SPGIS&P Global Inc.8.3%UBERUber Technologies, Inc8.1%LYVLive Nation Entertainment, Inc.7.7%DHRDanaher Corp7.6%METAMeta Platforms, Inc.7.2%AERAerCap Holdings N.V.7.2%

Other1 smaller positions5.5%

What changed this quarter

Filed Aug 14, 2026 · positions as of Jun 30, 2026 · 45-day lag

Dorsey opened 0 positions, added to 8, trimmed 3 and sold out of 0. The largest move was adding to BKNG.

New positions0

Nothing this quarter

Added to8

APPAppLovin Corp+39% shares RPRXRoyalty Pharma plc+8% shares BKNGBooking Holdings Inc.+4409% shares SPGIS&P Global Inc.+42% shares+4 more

Trimmed3

ASMLAsml Holding Nv−7% shares AERAerCap Holdings N.V.−32% shares SUNBSunbelt Rentals Holdings, Inc.−48% shares

Sold out0

Nothing this quarter

Holdings

11 positions · $1.6B · top five is 56.6% of the book

CompanyWeightValueChangeHeld5-year history

Booking Holdings Inc.

Uber Technologies, Inc

8.1%

$127M+62%2 qtr

LYV

Live Nation Entertainment, Inc.