Dorsal Capital Management, LP In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Dorsal Capital Management, LP reported 19 stock positions worth $3.1 billion . Its top holding was Amazon.com (AMZN) at 11.9% of the portfolio, followed by US Foods (USFD, 8.9% ) and Planet Fitness Class A (PLNT, 7.7% ). Compared with Q2 2024, it opened 3 new positions, sold out of 5, added to 10 and reduced 6. The biggest buy was a new position in Flutter Entertainment PLC-Di (FLUT) and the biggest sale an exit from Salesforce (CRM).
Location Redwood City, CA
CIK 0001547007
Portfolio Value $3.1B (Q3 2024) Holdings 19 stocks · $3.1B 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 Q2 2024 AMZN Amazon.com Inc. 1,975,000 $368.0M Add +9.7% USFD US Foods Holding Corp. 4,500,000 $276.8M Reduce -3.2% PLNT Planet Fitness Inc. Class A 2,950,000 $239.6M Add +1.5% WIX Wix.com Ltd. 1,400,000 $234.0M Add +7.7% META Meta Platforms Inc. Class A 400,000 $229.0M Reduce -2.4% Z Zillow Group Inc. Class C 3,200,000 $204.3M Add +3.2% MSFT Microsoft Corp. 425,000 $182.9M Reduce -22.0% CPNG Coupang Inc. 7,200,000 $176.8M Add +20.0% FLUT Flutter Entertainment PLC-Di 725,000 $172.0M New HD Home Depot Inc. 350,000 $141.8M Add +75.0% QSR Restaurant Brands Intern 1,900,000 $137.0M Add +11.8% AVGO Broadcom Inc. 750,000 $129.4M Add +7.1% DT Dynatrace Inc. 2,200,000 $117.6M Add +25.7% APH Amphenol Corp. Class A 1,700,000 $110.8M New BURL Burlington Stores Inc. 400,000 $105.4M Reduce -11.1% SE Sea Ltd.-ADR 1,000,000 $94.3M New HUBS HubSpot Inc. 150,000 $79.7M Add +100.0% FWONK Liberty Media Corp. Class C 900,000 $69.7M Reduce -25.0% AAP Advance Auto Parts Inc. 750,000 $29.2M Reduce -40.0%
Options reported separately and not counted above: PLTR puts ($74.4M), SE calls ($47.1M), AUR calls ($5.9M).
Portfolio Sells Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▲ CRM Salesforce Inc. Sold out 0.00% −5.31 MELI MercadoLibre Inc. Sold out 0.00% −4.95 SMAR Smartsheet Inc. Class A Sold out 0.00% −4.36 MSFT Microsoft Corp. Reduce -22.0% 5.90% −2.48 AAP Advance Auto Parts Inc. Reduce -40.0% 0.94% −1.78 VFC VF Corp. Sold out 0.00% −1.16 FWONK Liberty Media Corp. Class C Reduce -25.0% 2.25% −0.72 KSPI JSC Kaspi.kz ADR Sold out 0.00% −0.51 BURL Burlington Stores Inc. Reduce -11.1% 3.40% −0.32 META Meta Platforms Inc. Class A Reduce -2.4% 7.39% +0.27 USFD US Foods Holding Corp. Reduce -3.2% 8.93% +0.45
Portfolio Buys Q2 2024 → Q3 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 Q2 2024 % Of Portfolio Change To Portfolio ▼ FLUT Flutter Entertainment PLC-Di New 5.55% +5.55 APH Amphenol Corp. Class A New 3.58% +3.58 SE Sea Ltd.-ADR New 3.04% +3.04 HD Home Depot Inc. Add +75.0% 4.58% +2.21 Z Zillow Group Inc. Class C Add +3.2% 6.59% +1.64 CPNG Coupang Inc. Add +20.0% 5.71% +1.38 DT Dynatrace Inc. Add +25.7% 3.80% +1.10 HUBS HubSpot Inc. Add +100.0% 2.57% +1.05 WIX Wix.com Ltd. Add +7.7% 7.55% +0.44 PLNT Planet Fitness Inc. Class A Add +1.5% 7.73% +0.37 AVGO Broadcom Inc. Add +7.1% 4.18% +0.31 QSR Restaurant Brands Intern Add +11.8% 4.42% +0.30 AMZN Amazon.com Inc. Add +9.7% 11.88% −0.10
Options Activity Q2 2024 → Q3 2024 Security Type Change vs Q2 2024 Underlying Shares Value ▼ PLTR Palantir Technologies Inc. Class A put New 2,000,000 $74.4M SE Sea Ltd.-ADR call New 500,000 $47.1M AUR Aurora Innovation Inc. call New 1,000,000 $5.9M
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