Darsana Capital Partners

Quarters on file

Each quarter on file, back to June 2016 when the filing exists. Net bought is the share change from the previous quarter at that quarter’s close. A split that leaves the dollar value in place counts as flat.

• Q2 20261 name$468M−$29.3M
• Q1 20261 name$598M+$302M
• Q4 20251 name$503M+$115M
• Q3 20251 name$460MFlat
• Q2 20251 name$471M−$56.2M
• Q1 20251 name$431MFlat
• Q4 20241 name$388MFlat
• Q3 20241 name$421M−$131M
• Q2 20241 name$448MFlat
• Q1 20241 name$379M−$27.3M
• Q4 20231 name$382M+$90.0M
• Q3 20231 name$225MFlat
• Q2 20231 name$190M−$4.4M
• Q1 20232 names$210M−$48.1M
• Q4 20222 names$209M+$7.4M
• Q3 20222 names$235M−$24.3M
• Q2 20222 names$291MFlat
• Q1 20222 names$390M−$58.2M
• Q4 20213 names$590M−$70.5M
• Q3 20213 names$716M−$45.8M
• Q2 20214 names$802M+$33.9M
• Q1 20213 names$652M+$227M
• Q4 20202 names$481M+$58.7M
• Q3 20202 names$313M+$33.7M
• Q2 20202 names$260M−$130M
• Q1 20202 names$345M−$74.0M
• Q4 20192 names$458M+$83.2M
• Q3 20192 names$325MFlat
• Q2 20192 names$391M+$118M
• Q1 20191 name$261M−$19.3M
• Q4 20181 name$235M−$54.6M
• Q3 20181 name$340MFlat
• Q2 20181 name$285MFlat
• Q1 20181 name$273M+$34.1M
• Q4 20171 name$194M+$19.6M
• Q3 20171 name$188M+$47.9M
• Q2 20171 name$121M−$17.3M
• Q1 20171 name$121M−$9.3M
• Q4 20161 name$113M+$1.8M
• Q3 20161 name$109M−$47.9M
• Q2 20161 name$144M—

What moved the book

The five software lines with the largest share change this quarter.

• ShopifySHOP+$38.7M$219M
• MicrosoftMSFT−$35.4M$271M
• Full Truck Alliance Co. Ltd.YMM+$30.6M$30.6M

Software held

• GuidewireGWRE2,500,000 shares · 35.1% of their software · price +$27.7M$282MFlat
• MicrosoftMSFT1,000,000 shares · 33.8% of their software · price +$35.1M$271M−$35.4M
• ShopifySHOP150,000 shares · 27.3% of their software · price +$53.2M$219M+$38.7M
• Full Truck Alliance Co. Ltd.YMM1,500,000 shares · 3.8% of their software$30.6MNew · +$30.6M