Livermore

Dorsey Asset Management, LLC

Superinvestor

Dorsey Asset Management

SEC CIK
0001671657
Manager
Pat Dorsey
Style
Quality

Holdings, Q1 2025

Positions as of Mar 31, 2025, filed May 15, 2025.SEC

Positions
11
0 vs. Q4 2024
Total value
$943.61M
−$26.43M (−2.7%) vs. Q4 2024

Compare with Q4 2024: new, added, reduced and sold out

Positions

Long positions only. Changes compare share counts with Q4 2024.

Dorsey Asset Management, LLC holdings in Q1 2025
SecurityClassSharesValue% of portfolioChange in sharesActionHistory
AZOAUTOZONE INCCOM37,543$143.14M15.17%−27−0.1%ReducedView
METAMETA PLATFORMS INC CL AStock247,057$142.39M15.09%+38,810+18.6%AddedView
DHRDANAHER CORP DEL COMStock691,304$141.72M15.02%+296,513+75.1%AddedView
AERAERCAP HOLDINGS NVSHS1,138,542$116.32M12.33%+1,138,542NewView
GOOGALPHABET INC CAP STK CL CStock638,751$99.79M10.58%−467−0.1%ReducedView
BKNGBOOKING HOLDINGS INC COMStock15,969$73.57M7.80%+15,969NewView
PYPLPAYPAL HLDGS INC COMStock858,231$56M5.93%−442,952−34.0%ReducedView
WIXWIX COM LTDSHS319,382$52.18M5.53%−259,359−44.8%ReducedView
SPTSPROUT SOCIAL INCCOM CL A2,304,414$50.67M5.37%−1,735−0.1%ReducedView
ASMLASML HLDG NV N Y REGISTRY SHSADR70,571$46.76M4.96%+70,571NewView
SEMRUSH HLDGS INC81686C104CL A COM2,256,733$21.06M2.23%−1,748−0.1%Reduced–

Sold out since Q4 2024 (3)

Positions held at the end of Q4 2024 that are no longer in this filing.

Dorsey Asset Management, LLC positions sold out since Q4 2024
SecurityClassShares, Q4 2024Value, Q4 2024% of portfolio, Q4 2024
SMARTSHEET INC83200N103COM CL A1,447,727$81.12M8.36%
HRIHERC HLDGS INCCOM272,903$51.67M5.33%
UPWKUPWORK INCCOM3,045,142$49.79M5.13%

13F filings by quarter

Dorsey Asset Management, LLC 13F filings by quarter
QuarterFiledPositionsTotal valueChangesFiling
Q2 2026Aug 14, 202611$1.56Bvs. Q1 2026SEC
Q1 2026May 15, 202611$1.26Bvs. Q4 2025SEC
Q4 2025Feb 17, 202610$1.15Bvs. Q3 2025SEC
Q3 2025Nov 14, 20259$1.11Bvs. Q2 2025SEC
Q2 2025Aug 14, 202510$1.12Bvs. Q1 2025SEC
Q1 2025May 15, 202511$943.61Mvs. Q4 2024SEC
Q4 2024Feb 14, 202511$970.04Mvs. Q3 2024SEC
Q3 2024Nov 14, 202412$927.64Mvs. Q2 2024SEC
Q2 2024Aug 14, 202411$839.4Mvs. Q1 2024SEC
Q1 2024May 15, 202410$860.17Mvs. Q4 2023SEC
Q4 2023Feb 14, 20249$777.95Mvs. Q3 2023SEC
Q3 2023Nov 14, 202310$765.87Mvs. Q2 2023SEC
Q2 2023Aug 14, 202310$755.23Mvs. Q1 2023SEC
Q1 2023Jul 20, 2023Amended9$881.98Mvs. Q4 2022SEC
Q4 2022Feb 14, 20239$687.86Mvs. Q3 2022SEC
Q3 2022Jul 20, 2023Amended10$825.15Mvs. Q2 2022SEC
Q2 2022Aug 15, 202210$801.08Mvs. Q1 2022SEC
Q1 2022May 13, 202211$1.04Bvs. Q4 2021SEC
Q4 2021Feb 14, 202210$1.17Bvs. Q3 2021SEC
Q3 2021Nov 15, 20219$1.15Bvs. Q2 2021SEC
Q2 2021Aug 16, 20219$1.33Bvs. Q1 2021SEC
Q1 2021May 14, 20218$956.11M–SEC