SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Dorsal Capital Management, LP

CIK 0001547007 · 203 REDWOOD SHORES PARKWAY, SUITE 650, REDWOOD CITY, CA, 94065 · 650-610-1400

Reported Value
$1.7B
Q4 2020
Positions
19
Filings on Record
31
2019–present window
Filed
Feb 17, 2021
original filing

Summary

Dorsal Capital Management, LP reported $1.7B in U.S.-listed holdings across 19 positions for Q4 2020.

Its largest position, MSFT, represents 9.7% of the portfolio.

Compared with Q3 2020, the fund opened 5 new positions and exited 5.

Portfolio Metrics

Turnover
+24.5%
vs prior filed quarter
Top-10 Concentration
+71.4%
share of reported value
Largest Position
+9.7%
Microsoft
New / Exited
5 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.4BQ4 ’18Q1 ’19: $1.5BQ2 ’19: $1.8BQ3 ’19: $1.7BQ4 ’19: $1.7BQ4 ’19Q1 ’20: $1.2BQ2 ’20: $1.6BQ3 ’20: $1.3BQ4 ’20: $1.7BQ4 ’20Q1 ’21: $2.0BQ2 ’21: $2.1BQ3 ’21: $2.0BQ4 ’21: $1.7BQ4 ’21Q1 ’22: $2.0BQ2 ’22: $1.5BQ3 ’22: $1.6BQ4 ’22: $1.7BQ4 ’22Q1 ’23: $3.1BQ2 ’23: $2.9BQ3 ’23: $2.9BQ4 ’23: $3.2BQ4 ’23Q1 ’24: $3.1BQ2 ’24: $2.9BQ3 ’24: $3.2BQ4 ’24: $4.2BQ4 ’24Q1 ’25: $3.3BQ2 ’25: $3.8BQ3 ’25: $3.7BQ4 ’25: $2.9BQ4 ’25Q1 ’26: $2.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 98.2%ADR: 1.8%
  • Common Stock · 98.2% · $1.7B
  • ADR · 1.8% · $31M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGLALPHABET INCNEW+80.0K80.0K+$140M$140M
LBRDKLIBERTY BROADBAND CORPNEW+800.0K800.0K+$127M$127M
DLTRDOLLAR TREE INCNEW+700.0K700.0K+$76M$76M
UBERUBER TECHNOLOGIES INCNEW+1.40M1.40M+$71M$71M
PLNTPLANET FITNESS INCNEW+825.0K825.0K+$64M$64M
DTDYNATRACE INCADDED+1.60M1.90M+$70M$82M
CRMSALESFORCE COM INCSOLD OUT−470.0K0−$118M$0
AMZNAMAZON COM INCSOLD OUT−25.5K0−$80M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2020

19 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM9.72%$168M755.0K
2SNAPSNAP INChistory →CL A9.41%$163M3.25M
3EEFTEURONET WORLDWIDE INChistory →COM8.99%$155M1.07M
4GOOGLALPHABET INChistory →CAP STK CL A8.11%$140M80.0K
5LBRDKLIBERTY BROADBAND CORPhistory →COM SER C7.33%$127M800.0K
6ZZILLOW GROUP INChistory →CL C CAP STK7.06%$122M940.0K
7DRIDARDEN RESTAURANTS INChistory →COM6.13%$106M890.0K
8TWLOTWILIO INChistory →CL A5.39%$93M275.0K
9DTDYNATRACE INChistory →COM NEW4.76%$82M1.90M
10BURLBURLINGTON STORES INChistory →COM4.54%$78M300.0K
11PEGAPEGASYSTEMS INChistory →COM4.43%$77M575.0K
12DLTRDOLLAR TREE INChistory →COM4.38%$76M700.0K
13UBERUBER TECHNOLOGIES INChistory →COM4.13%$71M1.40M
14HQYHEALTHEQUITY INChistory →COM4.03%$70M1.00M
15PLNTPLANET FITNESS INChistory →CL A3.71%$64M825.0K
16CRWDCROWDSTRIKE HLDGS INChistory →CL A3.37%$58M275.0K
17TALEND S AADS1.77%$31M800.0K
18LOWLOWES COS INChistory →COM1.63%$28M175.0K
19PRSPPERSPECTA INChistory →COM1.11%$19M800.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$2.6B27May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$2.9B22Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.7B24Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.8B26Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.3B25May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.2B26Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.2B22Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.9B21Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.1B26May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.2B23Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.9B25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.9B22Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.1B30May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.7B21Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.6B23Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.5B19Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.0B24May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.7B20Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.0B22Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.1B25Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.0B21May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.7B19Feb 17, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.3B19Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.6B23Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.2B19May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.7B21Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.7B19Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.8B22Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019REVEALED$1.5B23May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.4B22Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.