Pat Dorsey

Dorsey Asset Management, LLC

Report date Dec 31, 2025 · 25 quarters available

Filed Feb 17, 2026, 48 days after the quarter ended · 13F-HR 0001398344-26-003214

Q2 2026 13F data is not published yet; the SEC filing deadline is August 14, 2026.

Quarter

Reported portfolio value$1.2B3.4% vs. previous quarter

Positions101 new

Top-five concentration66.3%of the reported portfolio

Largest positionASML HOLDING N VASML HOLDING N V · 17.9% weight

Portfolio structure

Size by reported market value, hue by sector

Q4 2025

Sector allocation

Share of portfolio value · derived from SEC SIC codes, not licensed GICS data

Only 59.3% of this quarter’s classifiable value has a resolved sector — too little for an allocation to describe the portfolio rather than the gaps in it. How sectors are derived

Sector Allocation Over Time

All available quarters · Share of portfolio value

25 quarters

At least one quarter in this series is too sparsely classified for the shape of the bands to be read as a rotation, so the series is withheld. How sectors are derived

All positions

Sorted by portfolio weight, high to low


Ticker unavailableASML HOLDING N VCUSIP N07059210	Unclassified	$0.21B	17.9%	Increased
DHRDANAHER CORPCUSIP 235851102	Industrials	$0.19B	16.5%	Reduced
Ticker unavailableAERCAP HOLDINGS NVCUSIP N00985106	Unclassified	$0.17B	15.2%	Reduced
METAMETA PLATFORMS INC-CLASS ACUSIP 30303M102	Communication Services	$0.11B	9.2%	Reduced
BKNGBOOKING HOLDINGS INCCUSIP 09857L108	Industrials	$0.09B	7.6%	Reduced
Ticker unavailableROYALTY PHARMA PLCCUSIP G7709Q104	Unclassified	$0.09B	7.6%	Reduced
LYVLIVE NATION ENTERTAINMENT INCUSIP 538034109	Consumer Discretionary	$0.09B	7.5%	New
AZOAUTOZONE INCCUSIP 053332102	Consumer Discretionary	$0.09B	7.4%	Reduced
GOOGALPHABET INC-CL CCUSIP 02079K107	Communication Services	$0.07B	5.9%	Reduced
ENOVENOVIS CORPCUSIP 194014502	Health Care	$0.06B	5.3%	Reduced