Dorsal Capital Management, LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Dorsal Capital Management, LP reported 22 stock positions worth $3.3 billion . Its top holding was Amazon.com (AMZN) at 11.7% of the portfolio, followed by Wix.com (WIX, 9.2% ) and Zillow Class C (Z, 7.5% ). Compared with Q3 2024, it opened 3 new positions, added to 9 and reduced 10. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale Meta Platforms Class A (META, shares −29% ).
Location Redwood City, CA
CIK 0001547007
Portfolio Value $3.3B (Q4 2024) Holdings 22 stocks · $3.3B 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 Q3 2024 AMZN Amazon.com Inc. 1,775,000 $389.4M Reduce -10.1% WIX Wix.com Ltd. 1,425,000 $305.7M Add +1.8% Z Zillow Group Inc. Class C 3,350,000 $248.1M Add +4.7% USFD US Foods Holding Corp. 3,500,000 $236.1M Reduce -22.2% MSFT Microsoft Corp. 495,000 $208.6M Add +16.5% PLNT Planet Fitness Inc. Class A 2,000,000 $197.7M Reduce -32.2% META Meta Platforms Inc. Class A 285,000 $166.9M Reduce -28.8% CPNG Coupang Inc. 7,250,000 $159.4M Add +0.7% SE Sea Ltd.-ADR 1,425,000 $151.2M Add +42.5% BURL Burlington Stores Inc. 515,000 $146.8M Add +28.8% FLUT Flutter Entertainment PLC-Di 525,000 $135.7M Reduce -27.6% HD Home Depot Inc. 325,000 $126.4M Reduce -7.1% DT Dynatrace Inc. 2,250,000 $122.3M Add +2.3% HUBS HubSpot Inc. 160,000 $111.5M Add +6.7% QSR Restaurant Brands Intern 1,700,000 $110.8M Reduce -10.5% FWONK Liberty Media Corp. Class C 1,100,000 $101.9M Add +22.2% AVGO Broadcom Inc. 400,000 $92.7M Reduce -46.7% APH Amphenol Corp. Class A 1,300,000 $90.3M Reduce -23.5% TSM Taiwan Semiconductor-SP ADR 450,000 $88.9M New ADSK Autodesk Inc. 300,000 $88.7M New AAP Advance Auto Parts Inc. 585,000 $27.7M Reduce -22.0% SN Sharkninja Inc. 164,494 $16.0M New
Options reported separately and not counted above: QQQ puts ($383.4M), AAPL puts ($375.6M), PLTR puts ($75.6M), SE calls ($74.3M).
Portfolio Sells Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▲ META Meta Platforms Inc. Class A Reduce -28.8% 5.02% −2.37 USFD US Foods Holding Corp. Reduce -22.2% 7.11% −1.83 PLNT Planet Fitness Inc. Class A Reduce -32.2% 5.95% −1.78 FLUT Flutter Entertainment PLC-Di Reduce -27.6% 4.08% −1.47 AVGO Broadcom Inc. Reduce -46.7% 2.79% −1.38 QSR Restaurant Brands Intern Reduce -10.5% 3.33% −1.09 APH Amphenol Corp. Class A Reduce -23.5% 2.72% −0.86 HD Home Depot Inc. Reduce -7.1% 3.80% −0.77 AMZN Amazon.com Inc. Reduce -10.1% 11.72% −0.16 AAP Advance Auto Parts Inc. Reduce -22.0% 0.83% −0.11
Portfolio Buys Q3 2024 → Q4 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 Q3 2024 % Of Portfolio Change To Portfolio ▼ TSM Taiwan Semiconductor-SP ADR New 2.67% +2.67 ADSK Autodesk Inc. New 2.67% +2.67 WIX Wix.com Ltd. Add +1.8% 9.20% +1.65 SE Sea Ltd.-ADR Add +42.5% 4.55% +1.51 BURL Burlington Stores Inc. Add +28.8% 4.42% +1.02 Z Zillow Group Inc. Class C Add +4.7% 7.47% +0.87 FWONK Liberty Media Corp. Class C Add +22.2% 3.07% +0.82 HUBS HubSpot Inc. Add +6.7% 3.36% +0.78 SN Sharkninja Inc. New 0.48% +0.48 MSFT Microsoft Corp. Add +16.5% 6.28% +0.38 DT Dynatrace Inc. Add +2.3% 3.68% −0.12 CPNG Coupang Inc. Add +0.7% 4.80% −0.91
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ QQQ Invesco QQQ Trust Series 1 put New 750,000 $383.4M AAPL Apple Inc. put New 1,500,000 $375.6M PLTR Palantir Technologies Inc. Class A put Reduce -50.0% 1,000,000 $75.6M SE Sea Ltd.-ADR call Add +40.0% 700,000 $74.3M AUR Aurora Innovation Inc. call Sold out 1,000,000 $5.9Mbefore 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