Pat Dorsey Q1 2026 Portfolio Update: Focus on Tech and Consumer Gains

Pat Dorsey, through Dorsey Asset Management, has made strategic adjustments to his portfolio during the first quarter of 2026, as evidenced by the latest filing data. The portfolio, valued at approximately $1.11 billion as of March 31, 2026, reflects a dynamic approach to investing, with significant changes observed across various sectors.

The Technology sector saw substantial buying activity, most notably with a new position in UBER TECHNOLOGIES INC (UBER). Dorsey acquired a significant stake, increasing his holdings by 100% during the quarter. Similarly, a new position was established in BOOKING HOLDINGS INC (BKNG), also purchased in full during Q1 2026.

In the Consumer Cyclical space, BKNG stands out as a new addition, purchased entirely during the quarter. Dorsey also increased his stake in S&P GLOBAL INC (SPGI) and LIVE NATION ENTERTAINMENT INC (LYV)", both of which saw their holdings doubled in Q1 2026.

Conversely, the Technology sector also experienced notable decreases. Dorsey reduced his position in APPLOVIN CORP (APP)", decreasing his stake by 54.64% during the quarter. Similarly, his investment in META PLATFORMS INC (META)", also a Technology stock, saw a reduction of 15.89%.

In Healthcare, Dorsey decreased his holdings in DANAHER CORP (DHR)", reducing the stake by 32.6%.

Other significant changes include a decrease in ASML HLDG NV (ASML)", a position reduced by 19.01%, and a decrease in AERCAP HOLDINGS NV (AER)", reduced by 11.12%. The position in ROYALTY PHARMA PLC (RPRX)", however, remained relatively stable, with only a minor 3.14% reduction.

For a complete view of Pat Dorsey's investment strategy and holdings, visit Dorsey Asset Management's profile.