Dorsal Capital Management, LP In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Dorsal Capital Management, LP reported 22 stock positions worth $2.8 billion . Its top holding was Amazon.com (AMZN) at 11.4% of the portfolio, followed by Taiwan Semiconductor-SP ADR (TSM, 9.8% ) and Liberty Media Class C (FWONK, 8.0% ). Compared with Q1 2026, it opened 5 new positions, sold out of 8, added to 9 and reduced 6. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale an exit from Zillow Class C (Z).
Location Redwood City, CA
CIK 0001547007
Portfolio Value $2.8B (Q2 2026) Holdings 22 stocks · $2.8B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2026 AMZN Amazon.com Inc. 1,325,001 $315.8M Add +39.5% TSM Taiwan Semiconductor-SP ADR 570,000 $272.2M Reduce -21.4% FWONK Liberty Media Corp. Class C 2,350,000 $223.6M Add +16.1% HD Home Depot Inc. 600,000 $211.6M Add +20.0% LRCX Lam Research Corp. 400,000 $173.3M New SPOT Spotify Technology SA 360,000 $165.3M Add +71.4% BURL Burlington Stores Inc. 500,000 $158.4M No change SE Sea Ltd.-ADR 1,550,000 $148.5M Add +17.0% PLNT Planet Fitness Inc. Class A 2,775,000 $144.8M Add +9.9% MSFT Microsoft Corp. 355,000 $132.4M Add +12.7% CPNG Coupang Inc. 7,500,000 $130.3M Reduce -5.1% META Meta Platforms Inc. Class A 220,000 $123.9M Add +4.8% SMTC Semtech Corp. 550,000 $89.0M Reduce -31.3% TWLO Twilio Inc. Class A 400,000 $82.5M Reduce -42.9% OKTA Okta Inc. 600,000 $81.9M New FROG Jfrog Ltd. 875,000 $79.5M Reduce -23.9% SN Sharkninja Inc. 500,000 $76.1M Reduce -50.0% VFC VF Corp. 3,250,000 $54.2M Add +35.4% NXST Nexstar Media Group Inc. 250,000 $44.6M No change LUV Southwest Airlines Co. 650,000 $33.4M New USFD US Foods Holding Corp. 300,000 $30.7M New SPCX Space Exploration Techn Class A 40,000 $6.8M New
Options reported separately and not counted above: CPNG calls ($34.7M), RCAT calls ($10.7M).
Portfolio Sells Q1 2026 → Q2 2026 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▲ Z Zillow Group Inc. Class C Sold out 0.00% −4.03 ADSK Autodesk Inc. Sold out 0.00% −3.33 NTNX Nutanix Inc. Class A Sold out 0.00% −1.96 ECHO Echostar Corp. Class A Sold out 0.00% −1.63 SN Sharkninja Inc. Reduce -50.0% 2.74% −1.47 AAP Advance Auto Parts Inc. Sold out 0.00% −1.47 WIX Wix.com Ltd. Sold out 0.00% −1.25 CPNG Coupang Inc. Reduce -5.1% 4.69% −1.24 APP AppLovin Corp. Class A Sold out 0.00% −1.19 SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −0.73 TWLO Twilio Inc. Class A Reduce -42.9% 2.97% −0.53 TSM Taiwan Semiconductor-SP ADR Reduce -21.4% 9.80% +0.05 FROG Jfrog Ltd. Reduce -23.9% 2.86% +0.72 SMTC Semtech Corp. Reduce -31.3% 3.20% +0.76
Portfolio Buys Q1 2026 → Q2 2026 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2026 % Of Portfolio Change To Portfolio ▼ LRCX Lam Research Corp. New 6.24% +6.24 AMZN Amazon.com Inc. Add +39.5% 11.36% +3.50 OKTA Okta Inc. New 2.95% +2.95 SPOT Spotify Technology SA Add +71.4% 5.95% +1.90 LUV Southwest Airlines Co. New 1.20% +1.20 FWONK Liberty Media Corp. Class C Add +16.1% 8.05% +1.20 USFD US Foods Holding Corp. New 1.10% +1.10 HD Home Depot Inc. Add +20.0% 7.61% +1.08 SE Sea Ltd.-ADR Add +17.0% 5.34% +0.98 VFC VF Corp. Add +35.4% 1.95% +0.33 SPCX Space Exploration Techn Class A New 0.25% +0.25 MSFT Microsoft Corp. Add +12.7% 4.77% +0.13 META Meta Platforms Inc. Class A Add +4.8% 4.46% −0.32 PLNT Planet Fitness Inc. Class A Add +9.9% 5.21% −2.26
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ MRVL Marvell Technology Inc. call Sold out 500,000 $49.5Mbefore exit CPNG Coupang Inc. call New 2,000,000 $34.7M RCAT Red Cat Holdings Inc. call New 1,000,000 $10.7M CALM Cal-Maine Foods Inc. put Sold out 100,000 $7.9Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 22 $2.8B AMZN, TSM, FWONK, HD, LRCX Q1 2026 25 $2.5B TSM, AMZN, PLNT, FWONK, HD Q4 2025 20 $2.8B PLNT, TSM, MSFT, Z, HD Q3 2025 23 $3.7B SE, WIX, TSM, PLNT, MSFT Q2 2025 23 $3.5B SE, PLNT, AMZN, MSFT, TSM Q1 2025 23 $3.1B AMZN, WIX, PLNT, Z, SE Q4 2024 22 $3.3B AMZN, WIX, Z, USFD, MSFT Q3 2024 19 $3.1B AMZN, USFD, PLNT, WIX, META Q2 2024 21 $2.9B AMZN, USFD, MSFT, PLNT, WIX Q1 2024 24 $3.0B AMZN, MSFT, META, USFD, CRM