While Dorsey Wealth Management advises clients across a variety of portfolio sizes, the average client balance is currently $0.0. What does this mean and why is it important? All of these holdings that been very important in making Pat Dorsey his millions. The largest investments include Wix.com Ltd and Meta Platforms Inc, together worth $245 million. Before opening his own firm, Pat Dorsey served as the Director of Equity Research at Morningstar. What does this mean? Dorsey & Whitney LLP participates in E-Verify. Read more Financial Services Headquarters Chicago, Illinois, United States, Contact Unlock contact Linkedin Company Size 0 - 9 Stock Symbol N/A The firm manages an asset portfolio worth $801 million and invests across five sectors. Public Equity. What conflicts do I need to be made aware of? Our investment universe is limited to businesses with sustainable competitive advantages, or "economic moats." Put a plan in place so you can start the next chapter in your life. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year. Last Name First Name Middle Name; Dorsey: Patrick: W. Street Address 1 Street Address 2; 980 N. Michigan Ave: Suite 1650: City . Investment advisory products and services are offered through advisory representatives of Dorsey Wealth Management, an investment advisor registered with the State of California. UNTERBERG, TOWBIN (A CALIFORNIA LIMITED PARTNERSHIP), VP., TRES., SEC., ,CHIEF OPERATING OFFICER. You are retired but do you have a plan in place so you can enjoy retirement without worry? Portfolio holdings of Pat Dorsey - Dorsey Asset Management. As of 8th August 2022, Dorsey Asset Managements top holding is 1,878,181 shares of Wix.com Ltd currently worth over $123 million and making up 15.4% of the portfolio value. Pat Dorsey, founder of Dorsey Asset Management and the Author of the books, The Five Rules for Successful Stock Investing, and The Little Book that Builds Wealt. When completed, an email will be sent to the email address you specify We manage a single long-only equity strategy, concentrating our clients' capital in 10 - 15 competitively advantaged . We serve clients virtually across the country. Important. Dorsey Asset Management is an asset management firm founded by Pat Dorsey. Questions to ask Wix.com Ltd makes up When needed, our global platform of sophisticated practices allows us to draw upon deep experience across the firm in the related areas of cybersecurity, anti-money laundering and foreign corrupt practices act compliance, government enforcement, corporate investigations and securities and financial services litigation. Why. , whose value fell 11.0% in the past six months. DORSEY ASSET MANAGEMENT IS A REGISTERED INVESTMENT ADVISER MANAGING A SINGLE CONCENTRATED GLOBAL EQUITY STRATEGY. What does this mean? A 2016 video that purported to show the self-driving capabilities of a Tesla car was staged, a senior engineer testified. For the most up-to-date information, please view the applicable SEC and FINRA reports above. How do these benefits affect the firms selection of a broker-dealer partner? Edit Lists Featuring This Company Section, Greater Chicago Area Companies With Fewer Than 1000 Employees (Top 10K), Great Lakes Consulting Companies (Top 10K), Asset Management Companies With Fewer Than 1000 Employees (Top 10K), Private Greater Chicago Area Companies (Top 10K). Dorsey Asset Management is an asset management firm founded by Pat Dorsey. Trailing twelve months P/E ratio is currently 88.75 making it overly expensive stock than the rest of the S&P500 index. For example, front-running is when a financial professional buys or sell securities ahead of their client. Any data inaccuracies, please contact our team. How do I update this listing? Several years ago, he left his job at Morningstar, where he was the head of equity research, to start Dorsey Asset Management his own investment management business. Dorsey Asset Management's stake value: $106.1 Million. of stocks: 10 Other than Facebook, we see his holdings in Smartsheet, Wix, eBay, PayPal, Upwork, and Google. The biggest share of his go-to Facebook Inc, which holds 22.99% of the portfolio. What writing or interview of Pat Dorsey do you think is the best? Investment Advisor Quarter Holdings Value ($000) Form Type Date Filed Filing ID Name; Q2 2022: 10: 801,082: The latest superinvestor holdings Featured investment managers The latest updates to the top 5 holdings of superinvestors: View all Superinvestors Access to EDGAR filings Deep insights and reports on 1,301 investment advisers 11,304 Pat Dorsey presented his in-depth investment thesis on Silverlake Axis (Singapore: SILV) at Wide-Moat Investing Summit 2015. Create Email Alert, ***Log In or Should I Hire a Financial Advisor or DIY It? What percentage of income does your firm receive from fees versus commissions? Dorsey Asset Management LLC - Company Profile and News - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Terminal Demo Request Bloomberg Connecting decision makers to. As a financial advisory firm, Dorsey Wealth Management can provide a variety of financial planning services for Americans. Next there is a second round in-person interview. Dorsey Wealth Management containing a link to download the .zip file of the CSV file(s) you requested. Dorsey Asset Management LLC CRD # 169056: SEC # 801-96175: CIK # 0001671657: AUM: $1.3 BB (2022-03-23) Employees ADJ. Our clients are women near retirement who are diligent savers and want to partner with a trusted advisor. Number of stock: 10. Our system found no conflict alerts. This situation may lead the firm or a related person to recommend proprietary investments and products that could generate larger commissions than other similar non-proprietary products. How many times did it occur? A regulatory agency other than the SEC or CFTC has previously found the firm or an advisory affiliate responsible for having an investment-related business have its authorization to do business denied, suspended, or revoked. RATE PFD. What does this mean and why is it important? 2023 Reink Media Group LLC. AND CLASS B NON-CONV. to see more advanced email alert options such as selecting any type of Pat ran equity research at Morningstar before leaving to start his own asset management company: Dorsey Asset Management. dorsey asset management. It sold the previously owned 1,292,392 shares for $74 million. See what your favorite investment managers' bought and sold in the latest quarter (13-F) and in real-time (13-DG). I basically built the equity research team and process there, starting with about 10 analysts and building it to about 100 analysts when I left. Hedge Fund The firm invests globally and eschews short selling, using leverage, or hedge currency exposure. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Pat Dorsey is the founding member of Dorsey Asset Management, an equity strategy company that enables its clients to have their businesses increase their compound shareholder value to more than average rates. Firms that earn a 4.5 or 5 star rating are also eligible to receive the "Trusted by investor.com" badge. $801 million and $801 million respectively. This data is then run through our proprietary scoring algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest. 03 Jan 2020 Dorsey Asset Management: Maximizing Moats - Reinvestment Runways & Capital Allocation. 4 DayDrinker88 5 yr. ago Soo.you find anything orrr.? In the past ten years, firm or an advisory affiliate has been convicted of or pled guilty or nolo contendere ("no contest") in a domestic, foreign, or military court to a misdemeanor involving: investments or an investment-related business, or any fraud, false statements, or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, extortion, or a conspiracy to commit any of these offenses. The 13F report details which stocks were in a guru's equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of . [1]: FINRA data last verified January 03, 2023. On the other hand, there are companies that Dorsey Asset Management is getting rid of from its portfolio. Dorsey Asset Management: Pat Dorsey-2.00%: $785962000: 10: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. What does this mean? 2Q22 was the first quarter and the Fund Founder is Jeffrey Cherkin. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. Dorsey Asset Management closed its position in EBay on 15th August 2022. The average market cap of the portfolio companies is close to $85.3 billion. He helped develop Morningstars competitive advantage framework and economic moat ratings. Is your firm affiliated with a law firm in any capacity? 2022-11-14 - Dorsey Asset Management, LLC has filed a 13F-HR form disclosing ownership of 1,880,107 shares of Wix.Com Ltd (US:WIX) with total holdings valued at $147,081,000 USD as of 2022-09-30. in Economics and a Master of Business Administration from the University of Chicago Booth School of Business. Use "Dear" as a greeting, and include a comma after the name. ? On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. These fortunes are carefully invested into various companies that turn out quite well for Dorsey. Dorsey Asset Management, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.. Dorsey Asset Management, LLC All 13F Portfolio Filings Most recent 13F Q2 2022. His areas of deep interest are competitive advantage and capital allocation. Since this is the Q3 were covering, and the Q4 is just around the corner, we can safely presume that these holdings would continue to be as profitable. Dorsey Asset Management. Pat Dorseys portfolio shows his lack of interest in everything other than technological and IT companies. Track stock picks and portfolios of legendary value investors such as Warren Buffett Questions to ask 130.33% 1Y 3Y 5Y 10Y. You must have a subscription to view WhaleScore histories. All rights reserved. Pat Dorsey - Dorsey Asset Management stock picks:. Questions to ask Dodge & Cox Doheny Asset Management CA Dohj LLC Doliver Advisors LP Domani Wealth LLC Donald L. Hagan LLC Donald Smith & CO. Inc. Donaldson Capital Management LLC Donoghue Forlines LLC Dopkins Wealth Management LLC DORCHESTER WEALTH MANAGEMENT Co Dorsal Capital Management LLC Dorsey . DORSEY ASSET MANAGEMENT LLC: MANAGING MEMBER: direct: 2013-07-01: DORSEY ASSET MANAGEMENT LLC: PRESIDENT AND CHIEF COMPLIANCE OFFICER: direct: 2013-07-01: HARRIETT, MICHAEL, PATRICK: TRUSTEE HARRIETT FAMILY DECLARATION OF TRUST DATED DECEMBER 13, 2019: 12/01/2019: Indirect Other: Fund Name Position direct/indirect We concentrate our capital in a small number of high-quality businesses tha. $799 Million Total portoflio value. Firm's/Financial Professional's investor.com profile pages may contain certain limited information directly provided to investor.com by the Firm/Financial Professional including, by way of example only, the Personal Bio, Certifications, and/or Investment Philosophy portions of the profile page. What does this mean and why is it important? 2022-11-14 - Dorsey Asset Management, LLC has filed a 13F-HR form disclosing ownership of 3,441,486 shares of Smartsheet Inc (US:SMAR) with total holdings valued at $118,249,000 USD as of 2022-09-30. What does this mean and why is it important? Download 13F Summary ? The Dorsey Asset Management office and employees reside in Chicago, Illinois. As a result, we do not support personal reviews on the site. While this can be seen as "eating your own cooking," there are conflicts that may arise. As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges. These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. Based in Toronto, Canada, Brookfield Asset Management Inc. (NYSE:BAM) is an alternative asset management company. Which securities does your firm trade for itself that it will also be recommending to me? I formed the intellectual framework that we use to evaluate companies. 310-370-7776 Performance numbers calculated through 2022-11-14. What does this mean? 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