13F filing recap · Q2 2025

What did Dorsey Asset Management buy in Q2 2025?

Reported stock-position changes between this filing and the previous one.

Stock value

$1.12B

Positions

Estimated turnover

35.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

Quarter in review

Dorsey Asset Management opened a new position in Enovis Corp and exited PayPal Holdings and Sprout Social. The firm added to Danaher, Aercap Holdings, and Booking Holdings, while substantially increasing its Asml Holding stake. It substantially trimmed Wix.com and made slight reductions to Meta Platforms and Autozone, with modest additions to Alphabet and Semrush Holdings.

New positions

ENOVEnovis Corp$80.07Mreported value+2.55M shares

Increased positions

DHRDanaher Corporation$183.12Mreported value+235.7K shares+34.1%AERAercap Holdings N.v.$159.25Mreported value+222.6K shares+19.5%GOOGAlphabet Inc.$117.43Mreported value+23.2K shares+3.6%ASMLAsml Holding N.v.$112.19Mreported value+69.4K shares

Reduced positions

METAMeta Platforms, Inc.$180.91Mreported value-1.9K shares-0.8%AZOAutozone Inc$132.40Mreported value-1.9K shares-5.0%WIXWix.com Ltd.$23.26Mreported value-172.6K shares-54.0%

Exited positions

PYPLPayPal Holdings, Inc.$56.00Mprior reported value-858.2K shares-100.0%SPTSprout Social, Inc.$50.67Mprior reported value-2.30M shares-100.0%