Dorsey Wright & Associates

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 11, 2025), Dorsey Wright & Associates reported 133 stock positions worth $420.5 million. Its top holding was Palantir Technologies Class A (PLTR) at 3.9% of the portfolio, followed by NRG Energy (NRG, 3.5%) and Nvidia (NVDA, 3.3%). Compared with Q1 2025, it opened 35 new positions, sold out of 30, added to 42 and reduced 51. The biggest buy was NRG Energy (NRG, shares +50%) and the biggest sale Evercore Class A (EVR, shares −96%).

Most Recent 13F
Q2 2026
Location
PASADENA, CA
CIK
0001376772
Portfolio Value
$420.5M (Q2 2025)
SEC Filing
0001376772-25-000004 ↗ filed Aug 11, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $383.4M Q1 2024 Q2 2024: $385.4M Q2 2024 Q3 2024: $422.7M Q3 2024 Q4 2024: $419.1M Q4 2024 Q1 2025: $392.6M Q1 2025 Q2 2025: $420.5M $420.5M Q2 2025 Q3 2025: $447.2M Q3 2025 Q4 2025: $459.5M Q4 2025 Q1 2026: $807.0M Q1 2026 Q2 2026: $589.8M Q2 2026

Holdings 133 stocks · $420.5M
PLTR Palantir Technologies Inc. Class A 3.90% 120,275 $16.4M Add +21.1%
NRG NRG Energy Inc. 3.54% 92,617 $14.9M Add +49.5%
NVDA Nvidia Corp. 3.32% 88,474 $14.0M Reduce -20.0%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.40% 31,516 $10.1M Add +3.9%
META Meta Platforms Inc. Class A 2.32% 13,235 $9.8M Reduce -0.9%
SFM Sprouts Farmers Market Inc. 2.27% 57,969 $9.5M Reduce -13.7%
VST Vistra Corp. 2.22% 48,108 $9.3M Reduce -1.3%
NFLX Netflix Inc. 2.19% 6,889 $9.2M Add +116.2%
GEV GE Vernova Inc. 1.97% 15,642 $8.3M Reduce -33.3%
AVGO Broadcom Inc. 1.88% 28,742 $7.9M Add +5.4%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.88% 86,878 $7.9M Add +0.2%
AXON Axon Enterprise Inc. 1.81% 9,208 $7.6M Reduce -5.6%
WFC Wells Fargo & Co. 1.75% 92,052 $7.4M Add +234.5%
TT Trane Technologies PLC 1.75% 16,829 $7.4M Add +4.6%
APH Amphenol Corp. Class A 1.69% 71,986 $7.1M Add +11.4%
DTM DT Midstream Inc. 1.65% 63,188 $6.9M Add +2.6%
EME Emcor Group Inc. 1.58% 12,385 $6.6M Add +5.0%
PM Philip Morris International 1.57% 36,169 $6.6M Add +44.8%
RCL Royal Caribbean Cruises Ltd. 1.56% 20,988 $6.6M Add +9.5%
CW Curtiss-Wright Corp. 1.54% 13,277 $6.5M Add +1.3%
UNM Unum Group 1.51% 78,702 $6.4M Add +221.3%
TRGP Targa Resources Corp. 1.49% 36,021 $6.3M Reduce -24.9%
ESAB Esab Corp. 1.34% 46,691 $5.6M Add +1.4%
CEG Constellation Energy 1.28% 16,634 $5.4M Reduce -59.5%
TDG Transdigm Group Inc. 1.25% 3,445 $5.2M Add +4.7%
INTU Intuit Inc. 1.25% 6,650 $5.2M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.24% 17,698 $5.2M New
FICO Fair Isaac Corp. 1.18% 2,709 $5.0M Add +0.9%
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.16% 4,687 $4.9M Add +5.1%
HLI Houlihan Lokey Inc. 1.10% 25,669 $4.6M Add +5.0%
MA Mastercard Inc. Class A 1.07% 8,025 $4.5M New
AFL Aflac Inc. 1.07% 42,686 $4.5M Add +1.4%
BRK.B Berkshire Hathaway Inc. Class B 1.07% 9,247 $4.5M Add +1.3%
BRO Brown & Brown Inc. 1.03% 39,113 $4.3M Add +4.8%
COST Costco Wholesale Corp. 1.02% 4,338 $4.3M New
PANW Palo Alto Networks Inc. 0.99% 20,266 $4.1M Add +6.7%
VRNA Verona Pharma Ltd. 0.97% 43,134 $4.1M Reduce -39.0%
NWS News Corp. Class B 0.91% 111,607 $3.8M Reduce -0.7%
MCO Moody's Corp. 0.90% 7,555 $3.8M Add +0.8%
UAL United Airlines Holdings Inc. 0.87% 46,066 $3.7M Reduce -20.0%
HWM Howmet Aerospace Inc. 0.87% 19,563 $3.6M Reduce -4.8%
PRI Primerica Inc. 0.86% 13,243 $3.6M New
EMBJ Embraer SA-Spon ADR 0.86% 63,312 $3.6M Reduce -38.3%
XLI SS Industrial Select Sector 0.75% 21,478 $3.2M Add +1.2%
FNF Fidelity National Financial 0.75% 56,093 $3.1M New
IEF iShares 7-10 Year Treasury B 0.73% 32,058 $3.1M Add +1.9%
BRBR Bellring Brands Inc. 0.72% 51,969 $3.0M Add +0.8%
WTW Willis Towers Watson PLC 0.71% 9,734 $3.0M New
EZU iShares MSCI Eurozone ETF 0.71% 50,061 $3.0M New
GLD SPDR Gold Shares 0.70% 9,606 $2.9M Add +1.2%
MTUM iShares MSCI USA Momentum Fa 0.67% 11,744 $2.8M Add +1.1%
DWX State Street SPDR S&P Intern 0.67% 66,718 $2.8M New
DBP Invesco DB Precious Metals F 0.67% 37,350 $2.8M Add +1.4%
DUOL Duolingo 0.66% 6,791 $2.8M Reduce -3.9%
IEV iShares Europe ETF 0.66% 43,679 $2.8M New
GGAL Grupo Financiero Galicia-ADR 0.65% 53,980 $2.7M Reduce -38.7%
SPLV Invesco S&P 500 Low Volatili 0.62% 35,909 $2.6M Add +5.1%
SLV iShares Silver Trust 0.61% 78,481 $2.6M Add +1.2%
XLF SS Financial Select Sector 0.60% 47,939 $2.5M Add +1.2%
COF Capital One Financial Corp. 0.59% 11,682 $2.5M Reduce -4.6%
QFIN Qfin Holdings Inc.-ADR filed as QIFU TECHNOLOGY INC 0.58% 55,818 $2.4M Reduce -38.8%
BBVA Banco Bilbao Vizcaya-SP ADR 0.57% 154,639 $2.4M Reduce -38.6%
MUFG Mitsubishi Ufj Finl-Spon ADR 0.56% 170,297 $2.3M Reduce -38.8%
YPF YPF S.A.-Sponsored ADR filed as YPF SOCIEDAD ANONIMA 0.54% 72,182 $2.3M Reduce -38.8%
BMA Banco Macro SA-ADR 0.54% 32,170 $2.3M Reduce -38.6%
SAP Sap SE-Sponsored ADR 0.54% 7,400 $2.3M Reduce -38.7%
SE Sea Ltd.-ADR 0.53% 14,008 $2.2M Reduce -38.3%
HMY Harmony Gold MNG-Spon ADR 0.52% 156,801 $2.2M Reduce -39.7%
BCS Barclays PLC-Spons ADR 0.51% 115,319 $2.1M Reduce -38.7%
MP MP Materials Corp. 0.51% 64,221 $2.1M New
TIGR Up Fintech Holding Ltd. - ADR 0.51% 221,433 $2.1M Reduce -38.4%
PAM Pampa Energia SA-Spon ADR 0.49% 29,907 $2.1M Reduce -38.7%
SLM SLM Corp. 0.49% 63,129 $2.1M Reduce -4.5%
MELI MercadoLibre Inc. 0.48% 779 $2.0M Reduce -39.0%
NFG National Fuel Gas Co. 0.47% 23,150 $2.0M New
EQH Equitable Holdings Inc. 0.45% 34,080 $1.9M New
RELX Relx PLC - Spon ADR 0.45% 34,650 $1.9M Reduce -38.4%
SHY iShares 1-3 Year Treasury Bo 0.43% 22,077 $1.8M Add +287.0%
CRWD CrowdStrike Holdings Inc. Class A 0.42% 3,466 $1.8M New
EONGY E.on SE -Sponsored ADR filed as E ON AG 0.41% 94,626 $1.7M New
KT KT Corp.-SP ADR 0.40% 81,691 $1.7M Reduce -38.4%
TMUS T-Mobile US Inc. 0.40% 6,997 $1.7M New
SIEGY Siemens AG-Spons ADR 0.40% 13,028 $1.7M Reduce -38.5%
TCEHY Tencent Holdings Ltd.-Uns ADR 0.39% 25,727 $1.6M Reduce -38.3%
BSX Boston Scientific Corp. 0.39% 15,232 $1.6M New
ASND Ascendis Pharma A/S 0.38% 9,272 $1.6M New
VNET Vnet Group Inc.-ADR 0.38% 229,183 $1.6M Reduce -37.9%
DTEGY Deutsche Telekom AG-Spon ADR 0.37% 42,973 $1.6M New
WELL Welltower Inc. 0.37% 10,006 $1.5M Reduce -4.3%
ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS 0.36% 180,798 $1.5M Reduce -38.6%
CHKP Check Point Software Tech 0.35% 6,661 $1.5M Reduce -38.6%
SMFG Sumitomo Mitsui-Spons ADR 0.35% 97,309 $1.5M Reduce -38.9%
NOK Nokia Corp.-Spon ADR 0.35% 283,143 $1.5M New
MMYT Makemytrip Ltd. 0.35% 14,947 $1.5M Reduce -38.5%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.35% 13,505 $1.5M New
KR Kroger Co. 0.34% 19,877 $1.4M New
PROSY Prosus NV -Spon ADR 0.34% 127,544 $1.4M Reduce -38.2%
FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD 0.33% 11,182 $1.4M Reduce -38.1%
CNO Cno Financial Group Inc. 0.32% 34,843 $1.3M Reduce -4.4%
AEG Aegon Ltd.-NY Reg SHR 0.31% 177,733 $1.3M Reduce -38.5%
CMPGY Compass Group PLC-Spon ADR 0.29% 36,139 $1.2M Reduce -38.6%
PSO Pearson PLC-Sponsored ADR 0.28% 78,634 $1.2M Reduce -38.4%
KC Kingsoft Cloud Holdings-ADR 0.26% 87,347 $1.1M Reduce -38.6%
TCOM Trip.com Group Ltd.-ADR 0.23% 16,322 $957K Reduce -38.5%
EQT Eqt Corp. 0.14% 10,399 $606K Add +11.3%
TIP iShares Tips Bond ETF 0.13% 5,030 $554K Reduce -8.2%
GS Goldman Sachs Group Inc. 0.11% 651 $461K Add +22.1%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 0.10% 3,937 $432K Reduce -8.2%
EVR Evercore Inc. Class A 0.10% 1,534 $414K Reduce -95.6%
MSI Motorola Solutions Inc. 0.09% 905 $381K Add +21.3%
MTG Mgic Investment Corp. 0.09% 13,635 $380K Add +22.4%
TPR Tapestry Inc. 0.09% 4,228 $371K Add +22.6%
LLY Eli Lilly & Co. 0.09% 468 $365K No change
AM Antero Midstream Corp. 0.08% 18,743 $355K Add +22.0%
IBOC International Bancshares CRP 0.08% 5,155 $343K Add +22.3%
T AT&T Inc. 0.08% 11,475 $332K New
SBRA Sabra Health Care REIT Inc. 0.08% 17,839 $329K New
AEP American Electric Power 0.08% 3,057 $317K New
ORI Old Republic Intl Corp. 0.07% 7,646 $294K New
KLAC KLA Corp. 0.07% 326 $292K New
RTX RTX Corp. 0.07% 1,996 $291K New
GE General Electric filed as GE AEROSPACE 0.07% 1,126 $290K No change
ANET Arista Networks Inc. 0.07% 2,820 $289K Reduce -90.9%
ADP Automatic Data Processing 0.07% 930 $287K New
TXRH Texas Roadhouse Inc. 0.07% 1,520 $285K New
VTR Ventas Inc. 0.06% 4,190 $265K New
DECK Deckers Outdoor Corp. 0.06% 2,430 $250K No change
NEU Newmarket Corp. 0.06% 361 $249K No change
ETN Eaton Corp. PLC 0.06% 664 $237K New
MCK McKesson Corp. 0.05% 283 $208K New
XPO Xpo Inc. 0.05% 1,622 $205K New
CAH Cardinal Health Inc. 0.05% 1,188 $200K New
BRTE Brightec Inc. 0.00% 200,000 $0 No change

Portfolio Sells Q1 2025 → Q2 2025
EVR Evercore Inc. Class A Reduce -95.6% 0.10% −1.68
LPX Louisiana-Pacific Corp. Sold out 0.00% −1.58
PWR Quanta Services Inc. Sold out 0.00% −1.51
JLL Jones Lang Lasalle Inc. Sold out 0.00% −1.49
TRGP Targa Resources Corp. Reduce -24.9% 1.49% −0.96
RPM RPM International Inc. Sold out 0.00% −0.87
OKE Oneok Inc. Sold out 0.00% −0.87
CEG Constellation Energy Reduce -59.5% 1.28% −0.83
ABBNY Abb Ltd.-Spon ADR Sold out 0.00% −0.78
KKR KKR & Co. Inc. Sold out 0.00% −0.77
UBS UBS Group AG-Reg Sold out 0.00% −0.77
IVW iShares S&P 500 Growth ETF Sold out 0.00% −0.74
QUAL iShares MSCI USA Quality Fac Sold out 0.00% −0.73
TSLA Tesla Inc. Sold out 0.00% −0.72
XLK SS Technology Select Sector Sold out 0.00% −0.64
GGAL Grupo Financiero Galicia-ADR Reduce -38.7% 0.65% −0.57
ANET Arista Networks Inc. Reduce -90.9% 0.07% −0.54
YPF YPF S.A.-Sponsored ADR Reduce -38.8% 0.54% −0.51
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.48
BMA Banco Macro SA-ADR Reduce -38.6% 0.54% −0.47
QFIN Qfin Holdings Inc.-ADR Reduce -38.8% 0.58% −0.47
PAM Pampa Energia SA-Spon ADR Reduce -38.7% 0.49% −0.47
TEVA Teva Pharmaceutical-SP ADR Sold out 0.00% −0.46
HMY Harmony Gold MNG-Spon ADR Reduce -39.7% 0.52% −0.46
MUFG Mitsubishi Ufj Finl-Spon ADR Reduce -38.8% 0.56% −0.41
VNET Vnet Group Inc.-ADR Reduce -37.9% 0.38% −0.39
MTZ Mastec Inc. Sold out 0.00% −0.39
COKE Coca-Cola Consolidated Inc. Sold out 0.00% −0.38
EMBJ Embraer SA-Spon ADR Reduce -38.3% 0.86% −0.35
SFM Sprouts Farmers Market Inc. Reduce -13.7% 2.27% −0.34
GTLS Chart Industries Inc. Sold out 0.00% −0.33
BBVA Banco Bilbao Vizcaya-SP ADR Reduce -38.6% 0.57% −0.31
SAP Sap SE-Sponsored ADR Reduce -38.7% 0.54% −0.29
TCEHY Tencent Holdings Ltd.-Uns ADR Reduce -38.3% 0.39% −0.29
CHKP Check Point Software Tech Reduce -38.6% 0.35% −0.28
TIGR Up Fintech Holding Ltd. - ADR Reduce -38.4% 0.51% −0.28
SMFG Sumitomo Mitsui-Spons ADR Reduce -38.9% 0.35% −0.28
RELX Relx PLC - Spon ADR Reduce -38.4% 0.45% −0.27
KC Kingsoft Cloud Holdings-ADR Reduce -38.6% 0.26% −0.26
MMYT Makemytrip Ltd. Reduce -38.5% 0.35% −0.26
PSO Pearson PLC-Sponsored ADR Reduce -38.4% 0.28% −0.24
BCS Barclays PLC-Spons ADR Reduce -38.7% 0.51% −0.23
SIEGY Siemens AG-Spons ADR Reduce -38.5% 0.40% −0.22
SE Sea Ltd.-ADR Reduce -38.3% 0.53% −0.22
ERIC Ericsson (lm) Tel-SP ADR Reduce -38.6% 0.36% −0.22
CMPGY Compass Group PLC-Spon ADR Reduce -38.6% 0.29% −0.20
TCOM Trip.com Group Ltd.-ADR Reduce -38.5% 0.23% −0.20
KT KT Corp.-SP ADR Reduce -38.4% 0.40% −0.19
AEG Aegon Ltd.-NY Reg SHR Reduce -38.5% 0.31% −0.18
VRNA Verona Pharma Ltd. Reduce -39.0% 0.97% −0.17

Portfolio Buys Q1 2025 → Q2 2025
NRG NRG Energy Inc. Add +49.5% 3.54% +2.03
PLTR Palantir Technologies Inc. Class A Add +21.1% 3.90% +1.76
NFLX Netflix Inc. Add +116.2% 2.19% +1.44
WFC Wells Fargo & Co. Add +234.5% 1.75% +1.25
INTU Intuit Inc. New 1.25% +1.25
IBM Intl Business Machines Corp. New 1.24% +1.24
MA Mastercard Inc. Class A New 1.07% +1.07
COST Costco Wholesale Corp. New 1.02% +1.02
UNM Unum Group Add +221.3% 1.51% +1.00
PRI Primerica Inc. New 0.86% +0.86
FNF Fidelity National Financial New 0.75% +0.75
AVGO Broadcom Inc. Add +5.4% 1.88% +0.72
WTW Willis Towers Watson PLC New 0.71% +0.71
EZU iShares MSCI Eurozone ETF New 0.71% +0.71
DWX State Street SPDR S&P Intern New 0.67% +0.67
IEV iShares Europe ETF New 0.66% +0.66
APH Amphenol Corp. Class A Add +11.4% 1.69% +0.61
RCL Royal Caribbean Cruises Ltd. Add +9.5% 1.56% +0.56
PM Philip Morris International Add +44.8% 1.57% +0.56
MP MP Materials Corp. New 0.51% +0.51
CW Curtiss-Wright Corp. Add +1.3% 1.54% +0.48
NFG National Fuel Gas Co. New 0.47% +0.47
EME Emcor Group Inc. Add +5.0% 1.58% +0.46
EQH Equitable Holdings Inc. New 0.45% +0.45
CRWD CrowdStrike Holdings Inc. Class A New 0.42% +0.42
EONGY E.on SE -Sponsored ADR New 0.41% +0.41
TMUS T-Mobile US Inc. New 0.40% +0.40
BSX Boston Scientific Corp. New 0.39% +0.39
ASND Ascendis Pharma A/S New 0.38% +0.38
DTEGY Deutsche Telekom AG-Spon ADR New 0.37% +0.37
TT Trane Technologies PLC Add +4.6% 1.75% +0.37
NOK Nokia Corp.-Spon ADR New 0.35% +0.35
BJ Bj's Wholesale Club Holdings New 0.35% +0.35
KR Kroger Co. New 0.34% +0.34
SHY iShares 1-3 Year Treasury Bo Add +287.0% 0.43% +0.31
PANW Palo Alto Networks Inc. Add +6.7% 0.99% +0.16
DTM DT Midstream Inc. Add +2.6% 1.65% +0.14
HLI Houlihan Lokey Inc. Add +5.0% 1.10% +0.09
TDG Transdigm Group Inc. Add +4.7% 1.25% +0.09
T AT&T Inc. New 0.08% +0.08
SBRA Sabra Health Care REIT Inc. New 0.08% +0.08
AEP American Electric Power New 0.08% +0.08
MTUM iShares MSCI USA Momentum Fa Add +1.1% 0.67% +0.07
ORI Old Republic Intl Corp. New 0.07% +0.07
KLAC KLA Corp. New 0.07% +0.07
RTX RTX Corp. New 0.07% +0.07
ADP Automatic Data Processing New 0.07% +0.07
TXRH Texas Roadhouse Inc. New 0.07% +0.07
VTR Ventas Inc. New 0.06% +0.06
SPLV Invesco S&P 500 Low Volatili Add +5.1% 0.62% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 131$589.8MCRS, APH, GEV, NVDA, FIX
Q1 2026 158$807.0MGEV, NEM, NVDA, APH, CAH
Q4 2025 121$459.5MAPH, NVDA, PLTR, NRG, NEM
Q3 2025 134$447.2MPLTR, NVDA, APH, NRG, VST
Q2 2025 133$420.5MPLTR, NRG, NVDA, AJG, META
Q1 2025 128$392.6MNVDA, AJG, SFM, TRGP, PLTR
Q4 2024 129$419.1MNVDA, LLY, EVR, DECK, CEG
Q3 2024 126$422.7MLLY, NVDA, EVR, DECK, CEG
Q2 2024 124$385.4MLLY, NVDA, DECK, NVO, CDNS
Q1 2024 124$383.4MLLY, NVDA, DECK, BLDR, CDNS