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Portfolio (Quarterly) Guide ↗

Dorsal Capital Management, LP

· CIK 0001547007
13F Portfolio $2.9B AUM 22 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 3 New 9 Added 6 Reduced 5 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 PLNT PLANET FITNESS INC Consumer Cyclical 2,750,000.0 $298.3M 10.37% +425K +18.3% $108.47 -52.0%
2 MSFT MICROSOFT CORP Technology 540,000.0 $261.2M 9.08% +95K +21.4% $483.62 -13.5%
3 Z ZILLOW GROUP INC Communication Services 2,925,000.0 $199.5M 6.93% +244K +9.1% $68.22 -46.7%
4 HD HOME DEPOT INC Consumer Cyclical 500,000.0 $172.1M 5.98% +25K +5.3% $344.10 -9.0%
5 CPNG COUPANG INC Consumer Cyclical 7,250,000.0 $171.0M 5.94% +250K +3.6% $23.59 -31.7%
6 FLUTTER ENTMT PLC 725,000.0 $155.9M 5.42% +325K +81.2% $215.04
7 SN SHARKNINJA INC Consumer Cyclical 1,000,000.0 $111.9M 3.89% +25K +2.6% $111.90 +0.1%
8 NTNX NUTANIX INC Technology 1,600,000.0 $82.7M 2.88% +250K +18.5% $51.69 -8.8%
9 APP APPLOVIN CORP Technology 100,000.0 $67.4M 2.34% +10K +11.1% $673.82 -28.5%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 40.9%
Technology 40.1%
Communication Services 19.0%