1y return−15.0%S&P 500 +20.9%
3y return+36.7%S&P 500 +68.5%
5y return−0.2%S&P 500 +74.5%
10y return+261.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $362 against $357 in the S&P 500.2
Dorsal Capital Management, LPS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AMZNAmazon Com Inc | $315.8M | 11.4% | +39.5% |
| TSMTaiwan Semiconductor Manufac | $272.2M | 9.8% | −21.4% |
| FWONKLiberty Media Corp Del | $223.6M | 8.0% | +16.0% |
| HDHome Depot Inc | $211.6M | 7.6% | +20.0% |
| LRCXLam Research Corp | $173.3M | 6.2% | New |
| Spotify Technology S ACUSIP L8681T102 | $165.3M | 5.9% | +71.4% |
| BURLBurlington Stores Inc | $158.4M | 5.7% | |
| SESea Ltd | $148.5M | 5.3% | +17.0% |
| PLNTPlanet Fitness Master Issuer | $144.8M | 5.2% | +9.9% |
| MSFTMicrosoft Corp | $132.4M | 4.8% | +12.7% |
| CPNGCoupang Inc | $130.3M | 4.7% | −5.1% |
| METAMeta Platforms Inc | $123.9M | 4.5% | +4.8% |
| SMTCSemtech Corp | $89.0M | 3.2% | −31.2% |
| TWLOTwilio Inc | $82.5M | 3.0% | −42.9% |
| OKTAOkta Inc | $81.9M | 2.9% | New |
| Jfrog LtdCUSIP M6191J100 | $79.5M | 2.9% | −23.9% |
| Sharkninja IncCUSIP G8068L108 | $76.1M | 2.7% | −50.0% |
| VFCV F Corp | $54.2M | 2.0% | +35.4% |
| NXSTNexstar Media Group Inc | $44.6M | 1.6% | |
| LUVSouthwest Airls Co | $33.4M | 1.2% | New |
| USFDUs Foods Hldg Corp | $30.7M | 1.1% | New |
| SPCXSpace Exploration Techn Corp | $6.8M | 0.2% | New |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| METAMeta Platforms Inc | March 31, 2023 | +165.8% | $123.9M |
| TSMTaiwan Semiconductor Manufac | December 31, 2024 | +141.8% | $272.2M |
| SMTCSemtech Corp | March 31, 2026 | +110.5% | $89.0M |
| Jfrog LtdCUSIP M6191J100 | March 31, 2026 | +93.7% | $79.5M |
| MSFTMicrosoft Corp | June 30, 2020 | +83.3% | $132.4M |
| Sharkninja IncCUSIP G8068L108 | December 31, 2024 | +56.4% | $76.1M |
| FWONKLiberty Media Corp Del | December 31, 2023 | +50.7% | $223.6M |
| TWLOTwilio Inc | December 31, 2025 | +45.1% | $82.5M |
| AMZNAmazon Com Inc | March 31, 2026 | +14.4% | $315.8M |
| BURLBurlington Stores Inc | December 31, 2021 | +8.7% | $158.4M |
Sold off last quarter
- ZZillow Group Inc was $101.4M
- ADSKAutodesk Inc was $83.8M
- NTNXNutanix Inc was $49.4M
- ECHOEchostar Corp was $41.0M
- AAPAdvance Auto Parts Inc was $36.9M
- Wix Com LtdCUSIP M98068105 was $31.5M
- APPApplovin Corp was $29.9M
- SPYState Str Spdr S&p 500 Etf T was $18.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.7% | +14.8% |
| March 31, 2026 | −18.7% | −4.6% |
| December 31, 2025 | −10.4% | +2.4% |
| September 30, 2025 | +4.4% | +7.8% |
| June 30, 2025 | +18.0% | +10.5% |
| March 31, 2025 | −8.9% | −4.6% |
| December 31, 2024 | +11.0% | +2.1% |
| September 30, 2024 | +9.2% | +5.4% |
| June 30, 2024 | +0.1% | +4.0% |
| March 31, 2024 | +6.9% | +10.0% |
| December 31, 2023 | +19.6% | +11.2% |
| September 30, 2023 | −3.6% | −3.6% |
| June 30, 2023 | +8.6% | +8.3% |
| March 31, 2023 | +16.2% | +7.0% |
| December 31, 2022 | +9.8% | +7.1% |
| September 30, 2022 | −9.1% | −5.3% |
| June 30, 2022 | −29.3% | −16.5% |
| March 31, 2022 | −10.9% | −4.9% |
| December 31, 2021 | −7.3% | +10.7% |
| September 30, 2021 | −0.7% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Dorsal Capital Management, LP Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1547007&type=13F-HR&dateb=&owner=include&count=40CIK 1547007
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1547007/000117266126003525/Filed August 14, 2026 · accession 0001172661-26-003525