Dorsal Capital Management, LP In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Dorsal Capital Management, LP reported 24 stock positions worth $3.0 billion . Its top holding was Amazon.com (AMZN) at 13.7% of the portfolio, followed by Microsoft (MSFT, 10.3% ) and Meta Platforms Class A (META, 9.9% ). Compared with Q4 2023, it opened 6 new positions, sold out of 4, added to 4 and reduced 11. The biggest buy was a new position in Wix.com (WIX) and the biggest sale an exit from Twilio Class A (TWLO).
Location Redwood City, CA
CIK 0001547007
Portfolio Value $3.0B (Q1 2024) Holdings 24 stocks · $3.0B 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 Q4 2023 AMZN Amazon.com Inc. 2,276,512 $410.6M Add +2.3% MSFT Microsoft Corp. 735,000 $309.2M Reduce -18.3% META Meta Platforms Inc. Class A 610,000 $296.2M Reduce -40.8% USFD US Foods Holding Corp. 4,675,435 $252.3M Reduce -6.5% CRM Salesforce Inc. 750,000 $225.9M Reduce -6.3% PLNT Planet Fitness Inc. Class A 2,700,000 $169.1M Add +8.0% WIX Wix.com Ltd. 1,050,000 $144.4M New Z Zillow Group Inc. Class C 2,900,000 $141.5M Reduce -4.9% QSR Restaurant Brands Intern 1,720,050 $136.7M Reduce -31.2% SMAR Smartsheet Inc. Class A 3,150,000 $121.3M Reduce -2.3% BURL Burlington Stores Inc. 475,000 $110.3M Reduce -24.0% FIVE Five Below 600,000 $108.8M Add +33.3% MELI MercadoLibre Inc. 70,000 $105.8M Reduce -30.0% CPNG Coupang Inc. 4,750,000 $84.5M New FWONK Liberty Media Corp. Class C 1,250,000 $82.0M Add +78.6% EPAM Epam Systems Inc. 275,000 $75.9M No change LYFT LYFT Inc. Class A 2,500,000 $48.4M Reduce -43.2% AAP Advance Auto Parts Inc. 481,336 $41.0M New VFC VF Corp. 2,500,000 $38.4M Reduce -47.9% DT Dynatrace Inc. 800,000 $37.2M New CROX Crocs Inc. 200,000 $28.8M No change POOL Pool Corp. 50,000 $20.2M No change KSPI JSC Kaspi.kz ADR filed as KASPI KZ JSC 115,500 $14.9M New SHLS Shoals Technologies Group -A 302,502 $3.4M New
Options reported separately and not counted above: Z puts ($46.8M), AMZN puts ($9.9M).
Portfolio Sells Q4 2023 → Q1 2024 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 Q4 2023 % Of Portfolio Change To Portfolio ▲ TWLO Twilio Inc. Class A Sold out 0.00% −2.82 MDB Mongodb Inc. Sold out 0.00% −2.12 META Meta Platforms Inc. Class A Reduce -40.8% 9.85% −1.94 QSR Restaurant Brands Intern Reduce -31.2% 4.55% −1.77 VFC VF Corp. Reduce -47.9% 1.28% −1.64 MELI MercadoLibre Inc. Reduce -30.0% 3.52% −1.56 DLTR Dollar Tree Inc. Sold out 0.00% −1.15 Z Zillow Group Inc. Class C Reduce -4.9% 4.71% −1.00 SMAR Smartsheet Inc. Class A Reduce -2.3% 4.03% −0.95 UA Under Armour Inc. Class C Sold out 0.00% −0.68 MSFT Microsoft Corp. Reduce -18.3% 10.29% −0.66 LYFT LYFT Inc. Class A Reduce -43.2% 1.61% −0.52 BURL Burlington Stores Inc. Reduce -24.0% 3.67% −0.26 CRM Salesforce Inc. Reduce -6.3% 7.51% +0.70 USFD US Foods Holding Corp. Reduce -6.5% 8.39% +1.05
Portfolio Buys Q4 2023 → Q1 2024 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 Q4 2023 % Of Portfolio Change To Portfolio ▼ WIX Wix.com Ltd. New 4.80% +4.80 CPNG Coupang Inc. New 2.81% +2.81 AMZN Amazon.com Inc. Add +2.3% 13.66% +2.72 AAP Advance Auto Parts Inc. New 1.36% +1.36 FWONK Liberty Media Corp. Class C Add +78.6% 2.73% +1.30 DT Dynatrace Inc. New 1.24% +1.24 FIVE Five Below Add +33.3% 3.62% +0.52 KSPI JSC Kaspi.kz ADR New 0.49% +0.49 SHLS Shoals Technologies Group -A New 0.11% +0.11 PLNT Planet Fitness Inc. Class A Add +8.0% 5.62% −0.28
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ AMZN Amazon.com Inc. call Sold out 1,000,000 $151.9Mbefore exit Z Zillow Group Inc. Class C put New 960,000 $46.8M AMZN Amazon.com Inc. put New 55,000 $9.9M
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