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. The biggest share of his go-to Facebook Inc, which holds 22.99% of the portfolio. In the past ten years, a regulatory agency other than the SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. Questions to ask Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. This will schedule a job to export all requested 13f holdings data for this filer. Terms of Use | Disclaimers | Privacy Policy. How many times did it occur? Dorsey Asset Management closed its position in EBay on 15th August 2022. Government Enforcement & Corporate Investigations, Anchorage | Beijing | Boise | Costa Mesa | Dallas | Denver | Des Moines | Hong Kong | London | Minneapolis | Missoula | New York | Palo Alto | Phoenix| Salt Lake City | Seattle | Shanghai | Toronto | Vancouver | Washington, DC | Wilmington, Washington Capital Management Acquires Great Point Investors, View client achievements related to this practice, SEC Issues New Marketing Rule FAQ Regarding Performance Results of Case Studies, FTX Billions of Dollars to a Firm with No Controls. Important. He holds a B.A. He also has experience in small business and social networking. The average market cap of the portfolio companies is close to $85.3 billion. Firm is affiliated with an insurance company or agent who may be motivated to insure clients with products that generate high sales commissions when lower cost alternatives may exist. 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. Pat Dorsey has built a reputation for himself as a leading expert in the field of business moats. Stock Holdings page. 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. 46.85% 10-Year Performance. Be the first to find this interview helpful. 06 Sep 2019 Never Put Any Moat On A Pedestal - Interview with Pat Dorsey of Dorsey Asset Management. dorsey asset management llc. Dorsey Wealth Management 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. If you continue to use this site we will assume that you are happy with it. This typically occurs when firms manage mutual funds or hedge funds alongside smaller retail accounts. Save my name, email, and website in this browser for the next time I comment. LIMITED PARTNER OF SUTTER HILL PARTNERS L.P. CHIEF INVESTMENT OFFICER, U.S. RETAIL & HIGH NET WORTH - CITIGROUP ASSET MGMT, TRUSTEE OF JUDITH D BON REVOCABLE LIVING TRUST, CHIEF INVESTMENT OFFICER AND SENIOR MANAGING DIRECTOR, MANAGING DIRECTOR AND SENIOR PORTFOLIO MANAGER, VICE PRESIDENT, DIRECT OWNER-COMMON & DIRECTOR, VICE PRESIDENT, DIRECT OWNER-PFD, & DIRECTOR, CHEIF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER, MANAGING DIRECTOR/PRINCIPAL/COMPLIANCE OFFICER, CHAIRMAN, CHIEF EXECUTIVE OFFICER, CHIEF INVESTMENT OFFICER, PRESIDENT, CHIEF INVESTMENT OFFICER; DIRECTOR, PRESIDENT; CHAIRMAN; DIRECTOR AND SHAREHOLDER, HOTCHKIS AND WILEY CAPITAL MANAGEMENT, LLC, PRESIDENT, CHIEF EXECUTIVE OFFICER, CHAIRMAN AND CHIEF COMPLIANCE OFFICER, CHIEF COMPLIANCE OFFICER, CHIEF OPERATING OFFICER, CEO, DIRECTOR, CCO FOR REGISTERED INVESTMENT ADVISORY FIRM ONLY. Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). Its portfolio has experienced a 22% CAGR over the past three years. The total portfolio value may be much higher due to cash 5 5 5 comments Best Add a Comment [deleted] 5 yr. ago let me check my garbage can. These positions were updated on August 15th based on the funds latest 13F filing. This means they effectively own approximately 0.1% of the company. Frameworks. The firm's website is not secure by modern internet standards. How, you . Pat Dorsey with his years in buying businesses and seeking value from potential investors has made his fortunes. The firm manages an asset portfolio worth $801 million and invests across five sectors. Dorsey Asset Management's largest holding is Wix.com Ltd with shares held of 1,880,107. Firm is a broker-dealer, or is affiliated with one, and may be subject to compensation-related conflicts of interest. A regulatory agency has previously denied, suspended, or revoked the firms or an advisory affiliates registration or license or otherwise restricted their activities. Firm or one of its employees previously has been subject to a suspension or expulsion or other restriction of activities by a Self-Regulating Organization or commodities exchange. SANIBEL CAPTIVA INVESTMENT ADVISERS, INC. A federal regulatory agency, a state regulatory agency, or a foreign financial regulatory authority other than the SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of investment-related statutes or regulations. As a Certified B Corporation, our focus is simple: people before profits. These fortunes are . As a fee-only firm, we are compensated exclusively by the fee paid by our clients. UNTERBERG, TOWBIN (A CALIFORNIA LIMITED PARTNERSHIP), VP., TRES., SEC., ,CHIEF OPERATING OFFICER. 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) Pat Dorsey presented his in-depth investment thesis on Silverlake Axis (Singapore: SILV) at Wide-Moat Investing Summit 2015. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. As a result, we do not support personal reviews on the site. Dorsey Asset Management LLC Portfolio Never miss a trade. What does this mean and why is it important? Questions to ask Why doesnt your firm use a secure website? Pat Dorseys portfolio shows his lack of interest in everything other than technological and IT companies. A Self-Regulatory Organization 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. What does this mean? Depreciating Assets Methods Costs and Tax Implications, Capital Asset Pricing Model (CAPM) Beta Systemic Risk and Cost of Equity, The Importance of Reputation in an Asset Purchase Agreement. Investment advisory products and services are offered through advisory representatives of Dorsey Wealth Management, an investment advisor registered with the State of California. Total number of Crunchbase contacts associated with this organization, Total number of organizations similar to the given organization, Descriptive keyword for an Organization (e.g. He is the author of two books and a CFA charter. He helped develop Morningstars competitive advantage framework and economic moat ratings. For further detail, see our articles on different types of advisors and financial advisor services. What does this mean and why is this important? We concentrate our capital in a small number of high-quality businesses tha . 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. Firm or an affiliate actively engages in business as a law firm or lawyer. But do you feel prepared? 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. Pat Dorseys background is a rich one. Side-by-side management can create an incentive for the advisor to favor the larger funds, potentially leading to unequal trading costs and unfavorable trade executions for their clients. What does this mean? Stock Company Name % of Portfolio Shares Owned Value Change in Shares Ownership History Sign-up He believes that capital allocation should be in service of . Dorsey Asset Management LLC CRD # 169056: SEC # 801-96175: CIK # 0001671657: AUM: $1.3 BB (2022-03-23) Employees This could be detrimental to a client during down markets. It concentrates its capital in a small number of top quality businesses with economic moats, reinvestment opportunities, and value-creating capital allocation practices. What conflicts do I need to be made aware of? 2023 Reink Media Group LLC. Financial professionals should disclose all positions they hold (or have sold short) that they will also be recommending to their clients. Currently, Dorsey Asset Management's portfolio is worth at least $801 million. Dorsey Wealth Management cares about website accessibility for all people including those with disabilities. Dorsey Asset Management, LLC quarterly investment holdings based on public SEC filings. the total portfolio value. The Ultimate Job Interview Preparation Guide. Firms having met these requirements may further elect to participate in the investor.com Certification program for an annual fee paid to investor.com. DORSEY ASSET MANAGEMENT Overview Work Here? Pat Dorsey: I was director of equity research at Morningstar for about ten years. FINRA data last verified January 03, 2023. Dorsey Asset Management, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.. What does this mean? Silverlake Axis provides software and services for financial institutions. And while moats are critical, equally important is how companies allocate the capital generated-or made possible-by the existence of the moat. A 2016 video that purported to show the self-driving capabilities of a Tesla car was staged, a senior engineer testified. I formed the intellectual framework that we use to evaluate companies. Read more Financial Services Headquarters Chicago, Illinois, United States, Contact Unlock contact Linkedin Company Size 0 - 9 Stock Symbol N/A SHAREHOLDER OF CLASS A CONV. To file a complaint or dispute with this firm, please fill out the SEC Investor Complaint Form. Their last reported 13F filing for Q3 2022 included $785,962,000 in managed 13F securities IPSWICH INVESTMENT MANAGEMENT COMPANY, INC. SHAREHOLDER/DIRECTOR, CHAIRMAN OF THE BOARD. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by Dorsey Asset Management, LLC. Performance Trailing twelve months P/E ratio is currently 88.75 making it overly expensive stock than the rest of the S&P500 index. 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. All of these holdings that been very important in making Pat Dorsey his millions. Our clients include investment advisers, domestic and foreign broker-dealers, private equity funds, hedge funds, registered investment companies and their independent boards, structured product sponsors and other financial institutions. Our investment universe is limited to businesses with sustainable competitive advantages, or "economic moats." Dorsey Asset Management is a hedge fund company based in Chicago, IL. Pat Dorsey owns his own asset management company, Dorsey Asset Management and previously ran equity research at Morningstar. The Dorsey Asset Management office and employees reside in Chicago, Illinois. Wix.com Ltd and bought 312,134 additional shares worth around $24 million. 650M+ Contacts Search. Portfolio date: 30 Sep 2022 R3: In office Interview, go over 10K and writeup stock. What does this mean? OriginalWhaleScore Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. See what your favorite investment managers' bought and sold in the latest quarter (13-F) and in real-time (13-DG). They operate 2 private funds and have approximately $247.5 million in total assets under management (AUM). 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. Portfolio 10 Options 0 Performance. Regulatory disclosures state that firm sells proprietary investments and products. Performance numbers calculated through 2022-11-14. Point is, the most read letters on here follow the style that is working (which was concentrated, levered beta) and dunking on those that are out of favor (Greenlight has been popular every quarter, for example). 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. Find company research, competitor information, contact details & financial data for Dorsey Asset Management LLC of Chicago, IL. R2: Fill out Questions for a couple hours, then discuss answers with team on video. Track stock picks and portfolios of legendary value investors such as Warren Buffett 2Q22 was the first quarter and the Fund Founder is Jeffrey Cherkin. Yes or When performance-based fees are charged, the financial advisor is paid for outperforming a benchmark, typically an index. S&P 500WhaleScore Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. Pat Dorsey - Dorsey Asset Management stock picks:. Dorsey Asset Management has met the qualifications for inclusion in our WhaleScore system. Operating as an online business, this site may be compensated through third party advertisers. What writing or interview of Pat Dorsey do you think is the best? [1]: Based in Toronto, Canada, Brookfield Asset Management Inc. (NYSE:BAM) is an alternative asset management company. 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. Its portfolio has experienced a 22% CAGR over the past three years. Here's how we make money. GENERAL PARTNER OF SUTTER HILL PARTNERS L.P. 100% OWNER OF UNITED ASSET MANAGEMENT UK HOLDINGS LIMITED. Does your firm perform side-by-side management? He is a graduate of Northwestern University and Wesleyan University, and holds a Masters degree in political science. Read through our introductory course to financial advisors. What does this mean? 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. Subscribe to WhaleWisdom to view all filing data 23.9% CHICAGO, IL Will any of my assets be invested in those products? Checks take place monthly. In addition, Andrea Martyn serves as Operations Associate at Dorsey Asset Management. How do I update this listing? SULLIVAN, MORRISSEY & MICKLE SECURITIES CORP. SULLIVAN,MORRISSEY & MICKLE CAPITAL MANAGEMENT CORP. CHAIRMAN, DIRECTOR, CHIEF COMPLIANCE OFFICER, FOLGER NOLAN FLEMING DOUGLAS INCORPORATED. We incorporate all aspects of your financial life into our planning process. Firm can legally elect to accept commissions for their investment advisory services. What percentage of income does your firm receive from fees versus commissions? Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. Other than Facebook, we see his holdings in Smartsheet, Wix, eBay, PayPal, Upwork, and Google. While this allows for a broader range of investment options and management styles to be offered by a firm, it can create an incentive for the firm to put their financial interests ahead of your own. 0.21% 5-Year Performance. Firm or a related person trades securities for themselves that they also recommend to their clients. Performance. This value is significant in that it is the last known price at which the security was still held. Dorsey Asset Management's stake value: $106.1 Million. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? In total, Dorsey Wealth Management manages $0.0 in assets. Dorsey Asset Management email format | Dorsey Asset Management.com emails. It sold the previously owned 1,292,392 shares for $74 million. Advertiser Disclosure: StockBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. No. They manage 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 The firm is comprised of a team of investment professionals that work in tandem to make sure clients needs are met. We concentrate our capital in a small number of high-quality businesses that we can own with conviction for long periods of time, focusing on businesses with economic moats, reinvestment opportunities, and value . Dorsey Asset Management, LLC is incorporated in the state of Illinois. Professional Investors. DNB Asset Management AS Dock Street Asset Management Inc. 21250 Hawthorne Blvd., Suite 500 Torrance, CA 90503. Visit Site, Is this your firm? 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. 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. 130.33% 1Y 3Y 5Y 10Y. email address below and choose 'Submit'. Why. Email and Phone Finder Software; Free Email Verifier; Features. 150 NORTH WACKER DR. SUITE 960. Will anyone that was involved be involved with my accounts in any capacity? Dorsey Asset Management is a hedge fund with 10 clients and discretionary assets under management (AUM) of $1,296,956,538 (Form ADV from 2022-03-23). What does this mean and why is it important? ? The headquarters of Dorsey Wealth Management is 21250 Hawthorne Blvd., Suite 500 Torrance, CA 90503. In the past year, the companys portfolio returned 12% net of fees. Percentage of Dorsey Asset Management's 13F Portfolio: 9.1%. Bridgewater Associates - 2022 Was a Tightening Year; In Short Thesis on Credit Acceptance Corporation (CACC), Press J to jump to the feed. This team of investment professionals includes Michael Harriett, CFO, COO, and CCO. $799 Million Total portoflio value. Number of stock: 10. 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. Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. Toggle navigation. While StockBrokers.com has all data verified by industry participants, it can vary from time to time. For example, front-running is when a financial professional buys or sell securities ahead of their client. one sec. Questions to ask Questions to ask In addition, he is a CFA charterholder and has earned several other professional designations. 90% SHAREHOLDER OF STEPHEN JONES CAPITAL MANAGEMENT, INC. DANIELLE G. MEIER AND JOHN A. MEIER, TRUSTEES. The Buy Now, Pay Later Bubble Is About to Burst, Elon Musk Worried Over a Brewing Automobile Crisis. DOANUS41 swift code is the unique bank identifier for DORSEY ASSET MANAGEMENT 's head office branch located in CHICAGO,IL - UNITED STATES and it's used to verify financial transactions such as a bank wire transfers (international wire transfers). Representative Matters ADJ. Industry: Financial management for business Printer Friendly View Address: 980 N Michigan Ave Ste 1650 Chicago, IL, 60611-7502 United States SEC CIK #0001671657. Financial advisors help you achieve your life goals, e.g., saving for retirement, by creating a comprehensive financial plan and managing your investment portfolio (e.g., stocks, ETFs, mutual funds, bonds). the MV of securities sold, whichever is less, of stocks: 10 00:00:00. How do these benefits affect the firms selection of a broker-dealer partner? While this can be seen as "eating your own cooking," there are conflicts that may arise. Dorsey Wealth Management, registered in 2011, serves 1 state(s) with a licensed staff of 1 advisors. A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. Close. Will any of my assets be invested in those products? Relative to the number of outstanding shares of Wix.com Ltd, Dorsey Asset Management owns more than approximately 0.1% of the company. Dorsey Asset Management LLC - Company Profile and News - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Terminal Demo Request Bloomberg Connecting decision makers to. This means they effectively own approximately 0.1% of the company. What does this mean? This employer has not claimed their Employer Profile and is missing out on connecting with our community. What does this mean and why is it important? 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. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. Please see our General Disclaimers for more information. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. Alt Turnover is calculated by taking either the total MV of new purchases or SOUTHWESTERN INVESTMENT ADVISORY SERVICES, INC. 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. RATE PFD. Dorsey Asset Management, LLC had filed a previous 13F-HR on 2022-08-15 disclosing 3,438,052 shares of Smartsheet Inc at a value of $108,058,000 USD. As of February 14, 2022 Disney Walt Co had a market cap of $271.943 Million. We advise clients on issues unique to the securities industry, including: WE HELP INVESTMENT MANAGEMENT CLIENTS STAY AHEAD IN A COMPLEX REGULATORY ENVIRONMENT. Portfolio Period: Q3 13F Filing of 2022, Pat Dorsey Portfolio Value: $785.96 Million. You must have a subscription to view WhaleScore histories. What does this mean and why is it important? No Aggregate Net Asset . D&B Business Directory HOME /BUSINESS DIRECTORY /ADMINISTRATIVE AND SUPPORT AND WASTE MANAGEMENT AND REMEDIATION SERVICES Dorsey is committed to providing disability and religious-based reasonable accommodations. Dorsey Asset Management Main Industry Business Services Website www.dorseyasset.com Contact Information Chicago, Illinois Office 150 N Wacker Dr Ste 960, Chicago, Illinois, 60606, United States (312) 982-2543 Chicago, Illinois Office 980 N Michigan Ave Ste 1650, Chicago, Illinois, 60611, United States (312) 233-2544 Pikesville, Maryland Office Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges. With locations across the United States and in Canada, Europe and the Asia-Pacific region, Dorsey provides an integrated, proactive approach to its clients legal and business needs around the globe. With respect to such information, investor.com cannot and does not independently verify, audit, validate, assess or guarantee the adequacy, accuracy, or completeness of such information; such information is not included or otherwise incorporated within investor.com's Trust Score algorithm or review process.
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