SEC 13F Intelligence

Managers / Q4 2024 · view latest →

Dorsey Asset Management, LLC

CIK 0001671657 · 150 NORTH WACKER DR. SUITE 960, CHICAGO, IL, 60606 · 312-982-2543

Reported Value
$970M
Q4 2024
Positions
11
Filings on Record
32
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Dorsey Asset Management, LLC reported $970M in U.S.-listed holdings across 11 positions for Q4 2024.

Its largest position, Wix Com, represents 12.8% of the portfolio.

Compared with Q3 2024, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+13.4%
vs prior filed quarter
Top-10 Concentration
+97.2%
share of reported value
Largest Position
+12.8%
Wix Com

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: $360MQ4 ’18Q1 ’19: $398MQ2 ’19: $447MQ3 ’19: $426MQ4 ’19: $508MQ4 ’19Q1 ’20: $396MQ2 ’20: $619MQ3 ’20: $673MQ4 ’20: $764MQ4 ’20Q1 ’21: $956MQ2 ’21: $1.3BQ3 ’21: $1.1BQ4 ’21: $1.2BQ4 ’21Q1 ’22: $1.0BQ2 ’22: $801MQ3 ’22: $786MQ4 ’22: $688MQ4 ’22Q1 ’23: $829MQ2 ’23: $755MQ3 ’23: $766MQ4 ’23: $778MQ4 ’23Q1 ’24: $860MQ2 ’24: $839MQ3 ’24: $928MQ4 ’24: $970MQ4 ’24Q1 ’25: $944MQ2 ’25: $1.1BQ3 ’25: $1.1BQ4 ’25: $1.2BQ4 ’25Q1 ’26: $1.3Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.2%Other: 12.8%
  • Common Stock · 87.2% · $846M
  • Other · 12.8% · $124M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APPAPPLOVIN CORPSOLD OUT−698.8K0−$91M$0
GOOGALPHABET INCADDED+187.6K639.2K+$46M$122M
HRIHERC HLDGS INCTRIMMED−153.2K272.9K−$16M$52M
DHRDANAHER CORPORATIONADDED+97.3K394.8K+$8M$91M
AZOAUTOZONE INCADDED+8.1K37.6K+$28M$120M
SPTSPROUT SOCIAL INCADDED+330.2K2.31M+$13M$71M
UPWKUPWORK INCADDED+398.0K3.05M+$22M$50M
PYPLPAYPAL HLDGS INCADDED+138.7K1.30M+$20M$111M

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

Holdings — Q4 2024

11 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WIX COM LTDSHS12.80%$124M578.7K
2METAMETA PLATFORMS INChistory →CL A12.57%$122M208.2K
3GOOGALPHABET INChistory →CAP STK CL C12.55%$122M639.2K
4AZOAUTOZONE INChistory →COM12.40%$120M37.6K
5PYPLPAYPAL HLDGS INChistory →COM11.45%$111M1.30M
6DHRDANAHER CORPORATIONhistory →COM9.34%$91M394.8K
7SMARGBPSMARTSHEET INChistory →COM CL A8.36%$81M1.45M
8SPTSPROUT SOCIAL INChistory →COM CL A7.30%$71M2.31M
9HRIHERC HLDGS INChistory →COM5.33%$52M272.9K
10UPWKUPWORK INChistory →COM5.13%$50M3.05M
11628SEMRUSH HLDGS INChistory →CL A COM2.77%$27M2.26M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.3B11May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.2B10Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.1B9Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.1B10Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$944M11May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$970M11Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$928M12Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$839M11Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$860M10May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$778M9Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$766M10Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$755M10Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$829M9May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$688M9Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$786M10Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$801M10Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.0B11May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.2B10Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B9Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.3B9Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$956M8May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$764M9Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$673M11Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$619M10Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$396M8May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$508M9Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$426M9Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$447M10Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$398M9May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$360M11Feb 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 ↗.