Dorsey Asset Management, LLC Q3 vs. Q4 2022 13F Holdings: Winners and Losers

Dorsey Asset Management, LLC, an investment management company founded in 2019, has released its latest 13F filing for Q3 and Q4 of 2022, detailing the changes in their holdings. The report includes the top ten stocks that experienced significant gains and losses during this period.

The report reveals that SmartSheet Inc. saw the most substantial increase in shares, with a 28% change. The cloud-based platform for work management is an attractive choice for businesses that need to collaborate seamlessly. Dorsey Asset Management, LLC gained confidence in the stock's future performance, leading to an increase in shares.

Wix Com Ltd, the website development platform, saw a decline in shares with a -16.2% change. The company's stock has been volatile in the past, and this could be the explanation for the decline in confidence from Dorsey Asset Management, LLC.

Meta Platforms Inc, formerly known as Facebook, saw a 16.1% hike in shares. The company is known for its social media platforms, including Facebook, Instagram, and WhatsApp. Meta Platforms Inc. has been actively working on expanding its ecosystem to improve users' experiences, leading to Dorsey Asset Management's added confidence.

Roku Inc, the streaming service provider, witnessed a 14.9% decrease in shares. The company has been facing intense competition from other streaming platforms, leading to a dip in its stock performance. Dorsey Asset Management, LLC may have lost faith in the company's ability to stay ahead in the streaming industry.

Disney Walt Co. saw a -7.2% change in shares held by Dorsey Asset Management, but the shares' decline is insignificant compared to the company's robust financial performance.

PayPal Holdings Inc. had a disappointing Q3 and Q4 with shares decreasing by 16.7%. PayPal has been facing fierce competition from Zelle, Venmo, and Square. Dorsey Asset Management, LLC's decision could also be contributed to a lack of positive news about the stock.

Alphabet Inc, also known as Google, saw a -7.1% decrease in shares. Alphabet has been a dominant player in the tech industry, and it is unclear why Dorsey Asset Management, LLC decreased the holding percentage.

Semrush Holdings Inc. saw the most massive dip in shares held by Dorsey Asset Management, LLC, with a 25.4% change. The company provides search engine optimization tools for marketers and has a significant following, but the decline may have caused concern for the investment management company.

Upwork Inc, the freelance marketplace, saw -22.8% dip. With the rise of the gig economy, Upwork has been growing its userbase, but the company's recent performance may have caused hesitation for Dorsey Asset Management, LLC.

Poshmark Inc saw a 100% loss in shares, with Dorsey Asset Management, LLC selling its entire holding. We can only assume that the investment management company may not have confidence in the future performance of the fashion marketplace.

In conclusion, the latest 13F filing from Dorsey Asset Management, LLC shows how challenging investment decisions can be. The report indicates that companies in even the most robust industries can face setbacks, leading to a decline in stocks. But, the report also highlights that companies that actively invest in future growth opportunities have the potential to gain the confidence of investors.