Darsana Capital Partners LP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Darsana Capital Partners LP reported 14 stock positions worth $3.5 billion. Its top holding was Guidewire Software (GWRE) at 13.4% of the portfolio, followed by HCA Healthcare (HCA, 10.9%) and New York Times Class A (NYT, 10.0%). Compared with Q1 2025, it added to 3 and reduced 6. The biggest buy was Hilton Worldwide (HLT, shares +233%) and the biggest sale Somnigroup International (SGI, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001609098
- Portfolio Value
- $3.5B (Q2 2025)
- SEC Filing
- 0001172661-25-003471 ↗ filed Aug 14, 2025
Holdings Value
Holdings 14 stocks · $3.5B
| GWRE Guidewire Software Inc. | 13.45% | 2,000,000 | $470.9M | Reduce -13.0% |
| HCA HCA Healthcare Inc. | 10.94% | 1,000,000 | $383.1M | Reduce -20.0% |
| NYT New York Times Co. Class A | 9.99% | 6,250,000 | $349.9M | No change |
| SGI Somnigroup International Inc. | 9.72% | 5,000,000 | $340.3M | Reduce -28.6% |
| TDG Transdigm Group Inc. | 7.60% | 175,000 | $266.1M | Reduce -12.5% |
| FWONK Liberty Media Corp. Class C | 7.46% | 2,500,000 | $261.3M | Reduce -28.4% |
| EFX Equifax Inc. | 7.41% | 1,000,000 | $259.4M | No change |
| ECHO Echostar Corp. Class A | 7.09% | 8,960,000 | $248.2M | Add +15.5% |
| SHC Sotera Health Co. | 6.35% | 20,010,000 | $222.5M | No change |
| WMG Warner Music Group Corp. Class A | 6.22% | 8,000,000 | $217.9M | Add +14.3% |
| SCHW Schwab (charles) Corp. | 5.86% | 2,250,000 | $205.3M | No change |
| HLT Hilton Worldwide Holdings Inc. | 3.80% | 500,000 | $133.2M | Add +233.3% |
| AER Aercap Holdings NV | 2.42% | 725,000 | $84.8M | Reduce -27.5% |
| FWONA Liberty Media Corp. Class A | 1.69% | 625,000 | $59.4M | No change |
Portfolio Sells Q1 2025 → Q2 2025
| SGI Somnigroup International Inc. | Reduce -28.6% | 9.72% | −2.47 |
| FWONK Liberty Media Corp. Class C | Reduce -28.4% | 7.46% | −1.67 |
| HCA HCA Healthcare Inc. | Reduce -20.0% | 10.94% | −1.61 |
| AER Aercap Holdings NV | Reduce -27.5% | 2.42% | −0.55 |
| TDG Transdigm Group Inc. | Reduce -12.5% | 7.60% | −0.44 |
| GWRE Guidewire Software Inc. | Reduce -13.0% | 13.45% | +0.92 |
Portfolio Buys Q1 2025 → Q2 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 16 | $22.3B | SPCX, AMZN, ECHO, SHC, GWRE |
| Q1 2026 | 14 | $4.7B | ECHO, GWRE, NYT, SHC, FWONK |
| Q4 2025 | 16 | $5.0B | ECHO, NYT, GWRE, HCA, SHC |
| Q3 2025 | 14 | $4.2B | ECHO, GWRE, NYT, HCA, SHC |
| Q2 2025 | 14 | $3.5B | GWRE, HCA, NYT, SGI, TDG |
| Q1 2025 | 14 | $3.4B | HCA, GWRE, SGI, FWONK, NYT |
| Q4 2024 | 14 | $3.3B | SGI, GWRE, HCA, NYT, GOOGL |
| Q3 2024 | 15 | $4.1B | HCA, GWRE, SGI, HLT, SHC |
| Q2 2024 | 14 | $3.7B | GWRE, META, CMCSA, HCA, STZ |
| Q1 2024 | 13 | $3.1B | GWRE, STZ, CMCSA, HLT, BAC |