A Deep Dive into Dorsal Capital Management's Q3 and Q4 2022 Holdings

Dorsal Capital Management, LLC has recently released its Q3 and Q4 2022 13F Holdings data, and the numbers show some interesting changes in the fund's stock holdings. In this article, we’ll examine Dorsal Capital Management's top holdings during this period, the companies that experienced significant changes in their holdings, and the overall performance of the portfolio.

Let's begin with Dorsal Capital Management's top holdings during Q3 and Q4 of 2022. According to the data, the largest holding was Liberty Broadband Corp (LBRDK), with a significant increase in shares from 1.2 million in Q3 to 2.5 million in Q4. This company accounted for the largest change in the portfolio's value, with a 115.3% increase from Q3 to Q4.

Another notable change in Dorsal Capital Management's holdings was seen in the number of shares held in MercadoLibre Inc (MELI). The company's shares increased by 72,000 from Q3 to Q4, resulting in a 75.8% increase in value. On the other hand, Walmart Inc (WMT) had a decrease in shares from 1 million in Q3 to 800,000 in Q4, causing a 12.5% decline in the portfolio's value.

ServiceNow Inc (NOW) and MongoDB Inc (MDB) were two companies that saw a significant increase in shares held by Dorsal Capital Management. ServiceNow's shares increased by 100,000, while MongoDB saw an increase of 200,000 shares. Both of these companies had a positive impact on the portfolio's value, with ServiceNow seeing an increase of 61.6%, and MongoDB experiencing a 98.3% increase in value.

Not all companies experienced gains, however. Beyond Meat Inc (BYND) saw a notable decrease in shares held by Dorsal Capital Management. In addition, the call options for BYND of 300,000 shares were not exercised, resulting in a 100% decrease in the portfolio's value. Similarly, Camping World Holdings Inc (CWH) and Bill.com Holdings Inc (BILL) experienced 100% decreases in the value of their shares, meaning Dorsal Capital Management sold all of their shares in these companies.

Overall, the portfolio saw a 1.3% increase in value from Q3 to Q4. One company that contributed significantly to this increase was Disney Walt Co (DIS), which saw a 636.8% increase in value, with the number of shares held increasing from 100,000 in Q3 to 800,000 in Q4. Liberty Broadband Corp (LBRDK) and MercadoLibre Inc (MELI) also contributed to the portfolio's overall growth.

In conclusion, Dorsal Capital Management's Q3 and Q4 2022 13F Holdings showed some notable changes in the portfolio's holdings. While some companies experienced gains and contributed positively to the portfolio's growth, others saw significant losses, resulting in the portfolio's overall growth of 1.3%. It will be interesting to see how the portfolio continues to evolve in the future.