2Q22 was the first quarter and the Fund Founder is Jeffrey Cherkin. Stock Holdings page. Performance numbers calculated through 2022-11-14. Trailing twelve months P/E ratio is currently 88.75 making it overly expensive stock than the rest of the S&P500 index. Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? Pat Dorsey - The Moat Portfolio. Dorsey Asset Management, LLC had filed a previous 13F-HR on 2022-08-15 disclosing 1,878,181 shares of Wix.Com Ltd at a value of $123,115,000 USD. 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. Unlike HTTPS connections, HTTP connections are not encrypted. And while moats are critical, equally important is how companies allocate the capital generated-or made possible-by the existence of the moat. 40% of the total holdings value. 150 NORTH WACKER DR. SUITE 960. Pat Dorsey presented his in-depth investment thesis on Silverlake Axis (Singapore: SILV) at Wide-Moat Investing Summit 2015. SHAREHOLDER OF CLASS A CONV. 13F filing from DORSEY ASSET MANAGEMENT, LLC, enter your LinkedIn Email Finder Find emails from LinkedIn. This means they effectively own approximately 0.1% of the company. Industry leaders and successful companies turn to Dorsey for the edge they need to succeed in a highly competitive world. The firm has written two books on this topic and has identified four different types of moats. Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. His son, Kevin, works as a research analyst at Dorsey Asset Management. This could also limit the number and diversity of investment options available and may impact their transferability. Here's how we make money. Location Chicago, IL CIK 0001671657 All SEC filings View on sec.gov. Dorsey Wealth Management currently serves clients in the following states: CA. He is the author of two books and a CFA charter. Founded in 2018 as an unbiased resource empowering consumers to research and compare financial advisory firms, investor.com today gives consumers the tools to make smart money decisions about credit, retirement planning, and more. $801 million and $801 million respectively. Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). He holds a B.A. Legal Name Dorsey Asset Management Company Type For Profit Contact Email info@dorseyasset.com Phone Number (312) 982-2543 Lists Featuring This Company Greater Chicago Area Consulting Companies 4,459 Number of Organizations $6.8B Total Funding Amount 113 Number of Investors Track Chicago Companies With Fewer Than 1000 Employees (Top 10K) Dorsey Asset Management's stake value: $106.1 Million. Alt Turnover is calculated by taking either the total MV of new purchases or 23.9% The average market cap of the portfolio companies is close to $85.3 billion. Ashok Elluswamy, the company's director of autopilot software, testified in July that the video showed the Model X performing actions it was not programmed to perform, like stopping at red lights and accelerating at green . Investor.com is your trustworthy guide to the world of personal finance. ? Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. What does this mean? Our partners compensate us through paid advertising. The firm focuses on investments in the United States. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. There are currently 10 companies in Mr. Harrietts portfolio. maybe i flushed it down the shitter. 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. No. Chicago. 00:00:00. What does this mean? Its portfolio has experienced a 22% CAGR over the past three years. Questions to ask Read through our introductory course to financial advisors. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. For example, front-running is when a financial professional buys or sell securities ahead of their client. As a result, we do not support personal reviews on the site. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. 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. As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges. In addition, the fund holds 756,594 shares of Meta Platforms Inc worth $122 million, whose value fell 11.0% in the past six months. dorsey asset management llc. Use "Dear" as a greeting, and include a comma after the name. Dorsey Wealth Management, registered in 2011, serves 1 state(s) with a licensed staff of 1 advisors. Will any of my assets be invested in those products? One-month return of Brookfield Asset Management Ltd. (NYSE:BAM) was 17.63%, and year-to-date its shares gained 11.23% of their value. Several years ago he left Morningstar to form his own asset management firm, Dorsey asset management, and build a portfolio of companies with wide moats like those he studied at Morningstar. In the past year, the companys portfolio returned 12% net of fees. Financial Advisors Dorsey Wealth Management Review Written by investor.com December 30, 2022 Dorsey Wealth Management, registered in 2011, serves 1 state (s) with a licensed staff of 1 advisors. 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. Should I Hire a Financial Advisor or DIY It? What does this mean? Firm or a related person recommends the purchase of securities where the firm or a related person serves as an underwriter or general or managing partner. Firm or an advisory affiliate was previously found to have made false statements, omissions, or being dishonest and unfair by a regulatory agency other than the SEC or CFTC. Pat ran equity research at Morningstar before leaving to start his own asset management company: Dorsey Asset Management. Currently, Dorsey Asset Management's portfolio is worth at least $801 million. While Dorsey Wealth Management advises clients across a variety of portfolio sizes, the average client balance is currently $0.0. Firm or related person receives soft-dollar benefits in connection with client securities transactions. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Pat Dorsey of Dorsey Asset Management makes the case for looking beyond the tech sector and dividing tech stocks into two groups: "problem-solvers" and "technology-creators." Q2 hedge fund letters, conference, scoops etc. Please provide me a list of the products and a summary of how much your firm earns from them. Currently, their heaviest sector is Technology making up 64.3% of We concentrate our capital in a small number of high-quality businesses tha . Firm can legally elect to accept commissions for their investment advisory services. He also has experience in small business and social networking. CEO, DIRECTOR, CHIEF COMPLIANCE OFFICER FOR REGISTERED INVESTMENT ADVISORY FIRM ONLY, SCOTT INVESTMENT ADVISORS LIMITED PARTNERSHIP, LIMITED PARTNER, CALTIUS CAPITAL MANAGEMENT, LP, VICE PRESIDENT, SECRETARY, TRUSTEE OF THE 2002 BILECKI FAMILY TRUST DATED 8-27-02, TRUSTEE, PATRICIA'S TRUST UNDER THE KOCOUREK FAMILY TRUST DATED DECEMBER 31, 1994 (COMMON UNITS), WILLIAM A. PRIEBE AND LINDA J. PRIEBE, TRUSTEES, PRESIDENT - DIRECTOR-TRUSTEE OF DWAYNE CALTON TRUST, SHAREHOLDER / JTWORS WITH GEORGE G HARRINGTON, JR. How do we make money? Whalewisdom has at least 24 13F filings, and 9 13G filings. Firm offers products that have performance-based fees; the managers of those products may be incentivized to take inappropriate risks to beat their performance benchmark. What does this mean and why is it important? Firm recommends securities or other investment products to advisory clients in which the firm or a related person has some other proprietary (ownership) interest that isnt related to trading or holding the security or securities themselves personally. GENERAL COUNSEL - SMITH BARNEY ASSET MANAGEMENT, MANAGING DIRECTOR - SALOMON SMITH BARNEY INC. CHAIRMAN & CEO - SMITH BARNEY ASSET MANAGEMENT, MANAGING DIRECTOR - SALOMON SMITH BARNEY, CHIEF INVESTMENT OFFICER - SMITH BARNEY ASSET MANAGEMENT, SENIOR VICE PRESIDENT, TREASURER & DIRECTOR, DIRECTOR, VICE-PRESIDENT, SECRETARY/TREASURER, CENTURION HINDS INVESTMENT MANAGEMENT CORP. AND CLASS B NON-CONV. 10 ggg479 5 yr. ago Why the hate for Dorsey? [1]: Based in Toronto, Canada, Brookfield Asset Management Inc. (NYSE:BAM) is an alternative asset management company. Dorsey Asset Management: Pat Dorsey-2.00%: $785962000: 10: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. When completed, an email will be sent to the email address you specify Which securities does your firm trade for itself that it will also be recommending to me? divided by the total MV of the fund. 1-Year Performance-37.11% 3-Year Performance. We manage a single long-only equity strategy, concentrating our clients' capital in 10-15 competitively advantaged businesses with the potential to compound sha reholder value at above-average rates. Regarding revenue, Disney . The biggest share of his go-to Facebook Inc, which holds 22.99% of the portfolio. Questions to ask What does this mean? Location: AMERICAN GENERAL FINANCIAL ADVISORS, INC. ARTHURS, LESTRANGE & COMPANY INCORPORATED, C.E. Investment Advisor exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. According to a regulatory filing, Dorsey Asset Managements portfolio currently has a total value of at least $801 million. FINRA data last verified January 03, 2023. Search Crunchbase Start Free Trial What does this mean? 5 5 5 comments Best Add a Comment [deleted] 5 yr. ago let me check my garbage can. Dorsey Asset Management, LLC is incorporated in the state of Illinois. As a small boutique firm, you get the personalized attention you need. Portfolio date: 30 Sep 2022 Industry: Financial management for business Printer Friendly View Address: 980 N Michigan Ave Ste 1650 Chicago, IL, 60611-7502 United States What does this mean and why is it important? Financial planning services can include tax planning, estate planning, retirement planning, or life-based event planning such as saving for college, getting married, purchasing a home, paying down debt, or planning an inheritance. What does this mean and why is it important? While StockBrokers.com has all data verified by industry participants, it can vary from time to time. Retire With ConfidenceSimplify Your Money Optimize Income. Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. For the most up-to-date information, please view the applicable SEC and FINRA reports above. Our multidisciplinary team of lawyers leverages years of experience and deep knowledge of the industry and its many regulators, including the Securities and Exchange Commission (SEC), State Securities Regulators, the Financial Industry Regulatory Authority (FINRA), the Commodities Futures Trading Commission (CFTC), the National Futures Association (NFA) and other self-regulatory organizations. But do you feel prepared? Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). 00:00:00. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. When operating in this dual capacity, advisors may be incentivized to implement plans as an attorney that could drive higher revenue for themselves as investment advisors. I formed the intellectual framework that we use to evaluate companies. Visit Site, Is this your firm? Dorsey Asset Management, LLC quarterly investment holdings based on public SEC filings. Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter. and a top 10 holdings concentration of 100.0%. Firms having met these requirements may further elect to participate in the investor.com Certification program for an annual fee paid to investor.com. To see Dorsey Asset Management's original 13F reports (2022 Q3), please click on the "important" button. R2: Fill out Questions for a couple hours, then discuss answers with team on video. the MV of securities sold, whichever is less, Email and Phone Finder Software; Free Email Verifier; Features. Their last reported 13F filing for Q3 2022 included $785,962,000 in managed 13F securities What does this mean and why is it important? 21250 Hawthorne Blvd., Suite 500 Torrance, CA 90503. Checks take place monthly. 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