Pat Dorsey Q2 2026 Investment Activity: Focus on Technology and Select Sector Adjustments
Dorsey Asset Management's portfolio value reached $1.47 billion as of June 30, 2026. This analysis details the significant changes in Pat Dorsey's holdings during Q2.
Pat Dorsey, through his investment vehicle Dorsey Asset Management, managed a substantial portfolio valued at approximately $1.47 billion as of June 30, 2026.
This comprehensive review details the specific changes observed in his holdings during this quarter based on available data.
Significant Purchases This Quarter
Dorsey demonstrated strong buying interest in several companies during Q2. Booking Holdings (BKNG) saw a massive increase of 725,064 shares, representing an astronomical 4409% change from the previous quarter.
Similarly, Uber Technologies Inc (UBER) experienced significant growth with additions of 671,660 shares, a rise of 61.6%.
Royalty Pharma PLC (RPRX), Applovin Corp (APP), and S&P Global Inc (SPGI) also received substantial increases in their share counts, rising by 179,958 shares (7.9%), 122,361 shares (38.61%), and 93,730 shares (42.09%) respectively.
Live Nation Entertainment Inc (LYV) and Danaher Corp DEL (DHR) received moderate additions of 48,049 and 45,971 shares, increasing their allocations by 7.92% and 7.92% respectively.
Meta Platforms Inc (META) also saw an increase, albeit smaller in percentage terms (23.64%), with a share increase of 38,218.
Notable Reductions and Exits
The most significant reduction occurred in Aercap Holdings NV (AER). Dorsey sold off a substantial portion, specifically 356,661 shares, decreasing the position by a hefty -31.75%.
ASML Holding NV (ASML) experienced a slight reduction of just 9,931 shares (-7.08%), while other holdings like Live Nation Entertainment Inc (LYV), Danaher Corp DEL (DHR), S&P Global Inc (SPGI), and Meta Platforms Inc (META) saw minor share decreases or stable positions (-2.46% to -5.93%).
These adjustments indicate a dynamic portfolio where Dorsey is actively managing his exposure based on performance metrics.
New Positions Added
Pat Dorsey's investment strategy involved adding new positions during Q2. Booking Holdings , Uber Technologies Inc , and Royalty Pharma PLC were all new additions or significantly increased positions.
Applovin Corp (APP) was also added, though its initial allocation percentage might be lower than some existing ones from previous quarters. The portfolio now includes these companies alongside established holdings like Live Nation Entertainment Inc (LYV), Danaher Corp DEL (DHR), and Meta Platforms Inc (META).
This diversification into different sectors including Technology, Consumer Cyclical, and Healthcare suggests a well-structured approach to investing.
Maintained Holdings
Despite the changes, some holdings remained relatively stable or were maintained in the portfolio. Meta Platforms Inc , Danaher Corp DEL , and Live Nation Entertainment Inc were all retained, albeit with some share adjustments.
Danaher Corp (DHR) saw a modest increase of 45,971 shares (+7.92%), while Meta Platforms (META) and Live Nation (LYV) experienced increases but smaller in percentage terms compared to the large additions seen elsewhere.
Portfolio Concentration
The portfolio remains heavily concentrated with Technology being a dominant sector. Applovin Corp , Uber Technologies Inc , and Royalty Pharma PLC are key Technology holdings, with Applovin contributing the largest single holding at 14.5% allocation.
Booking Holdings (BKNG) is a major Consumer Cyclical position, while S&P Global Inc (SPGI), Danaher Corp DEL (DHR), and Live Nation Entertainment Inc (LYV) provide diversification into Financial Services, Healthcare, and Communication Services respectively.
The top five holdings account for 56.65% of the total portfolio value, reinforcing a concentrated investment style focused on high-growth potential or fundamentally strong companies.