Each month, investor.com helps thousands of Americans answer the question, "Can I trust you?". SOUTHWESTERN INVESTMENT ADVISORY SERVICES, INC. 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. This will schedule a job to export all requested 13f holdings data for this filer. For further detail, see our articles on different types of advisors and financial advisor services. In the most recent 13F filing, Dorsey Asset Management revealed that it had increased its stake in Here's how we make money. Oct 2013 - Present9 years 4 months. Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. He also has experience in small business and social networking. Other than Facebook, we see his holdings in Smartsheet, Wix, eBay, PayPal, Upwork, and Google. Unlike HTTPS connections, HTTP connections are not encrypted. Our investment universe is limited to businesses with sustainable competitive advantages, or "economic moats." Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. While this may seem like an attractive compensation structure to ensure your advisor is making your money work for you, often, the managers of those products are incentivized to take inappropriate risks to beat their performance benchmark. Firm or an advisory affiliate was previously found to have made false statements or omissions by the SEC or CFTC. If you continue to use this site we will assume that you are happy with it. His areas of deep interest are competitive advantage and capital allocation. Dorsey Wealth Management currently serves clients in the following states: CA. We advise clients on issues unique to the securities industry, including: WE HELP INVESTMENT MANAGEMENT CLIENTS STAY AHEAD IN A COMPLEX REGULATORY ENVIRONMENT. At Dataromas, we let you explore the latest portfolios of super investors, their net worth, and much more from all around the globe. And while moats are critical, equally important is how companies allocate the capital generated-or made possible-by the existence of the moat. Questions to ask Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. Dorsey Asset Management is a hedge fund company based in Chicago, IL. Andrea Martyn has more than 12 years of experience in administrative positions. While StockBrokers.com has all data verified by industry participants, it can vary from time to time. 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. 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. Investor.com relies on regulatory data from the SEC to rate and review financial advisor firms. AMERICAN GENERAL FINANCIAL ADVISORS, INC. ARTHURS, LESTRANGE & COMPANY INCORPORATED, C.E. For example, front-running is when a financial professional buys or sell securities ahead of their client. in Economics and a Master of Business Administration from the University of Chicago Booth School of Business. Top 50 Dorsey Asset Management Holdings . Representative Matters Pat Dorsey - The Moat Portfolio. 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. Does your firm offer mutual funds that have 12b-1 fees? Apply for Trusted badge. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. 90% SHAREHOLDER OF STEPHEN JONES CAPITAL MANAGEMENT, INC. DANIELLE G. MEIER AND JOHN A. MEIER, TRUSTEES. Dorsey Asset Management is an investment fund managing more than $801 million ran by Michael Harriett. Put a plan in place so you can start the next chapter in your life. 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 According to a regulatory filing, Dorsey Asset Managements portfolio currently has a total value of at least $801 million. Yes or Location: Pat Dorsey is the guy who is at least partly responsible for democratising the use of Warren Buffett's philosophy of moat in evaluating businesses. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Overview. Quarter Holdings Value ($000) Form Type Date Filed Filing ID Name; Q2 2022: 10: 801,082: What does this mean and why is this important? Pat Dorsey is the Founder of Dorsey Asset Management, Dorsey Asset Management is diversified across 5 sectors, Dorsey Asset Managements portfolio is worth at least $801 million. By visiting these sites, you are subject to their terms of use (IAPD, BrokerCheck). Currently, their heaviest sector is Technology making up 64.3% of Stocks with a size of more than $10 billion in market cap make up Tourlite just launched. 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 llc. Glassdoor has millions of jobs plus salary information, company reviews, and interview questions from people on the inside making it easy to find a job thats right for you. Terms of Use | Disclaimers | Privacy Policy. We are legally bound to put your best interest first and provide unbiased advice. All rights reserved. 5 5 5 comments Best Add a Comment [deleted] 5 yr. ago let me check my garbage can. 2Q22 was the first quarter and the Fund Founder is Jeffrey Cherkin. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Toggle navigation. Financial plans and investment portfolios are always unique to the client's personal financial situation. How do we make money? OriginalWhaleScore 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. As a Certified B Corporation, our focus is simple: people before profits. The total portfolio value may be much higher due to cash Be the first to find this interview helpful. 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. The firm's website is not secure by modern internet standards. They operate 2 private funds and have approximately $247.5 million in total assets under management (AUM). All rights reserved. UNTERBERG, TOWBIN (A CALIFORNIA LIMITED PARTNERSHIP), VP., TRES., SEC., ,CHIEF OPERATING OFFICER. for DORSEY ASSET MANAGEMENT, LLC, Top 20 equal-weighted holdings. Whalewisdom has at least 24 13F filings, and 9 13G filings. 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. Investment Advisor What does this mean? My guest this week, back for a second conversation, is Pat Dorsey. 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. Trailing twelve months P/E ratio is currently 88.75 making it overly expensive stock than the rest of the S&P500 index. Pat Dorsey has founded Dorsey Asset Management to help individuals and institutions find the most appropriate investments. ADJ. Why doesnt your firm use a secure website? Next there is a second round in-person interview. Dorsey Asset Management closed its position in EBay on 15th August 2022. Advertiser Disclosure: StockBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. Track stock picks and portfolios of legendary value investors such as Warren Buffett 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. 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. Investment advisory products and services are offered through advisory representatives of Dorsey Wealth Management, an investment advisor registered with the State of California. compensation-related conflicts of interest, Types of Financial Advisors and How to Choose, What's a Fiduciary (and Why It Matters So Much). Chrome Extension As a fee-only firm, we are compensated exclusively by the fee paid by our clients. 2023 Reink Media Group LLC. Pat Dorsey: I was director of equity research at Morningstar for about ten years. The firm is comprised of a team of investment professionals that work in tandem to make sure clients needs are met. As a result, we do not support personal reviews on the site. He is a Chartered Financial Analyst (CFA). What does this mean? They manage Firm offers mutual funds that carry 12b-1 fees, which increases the total annual cost of owning the fund (with no guarantee of higher returns). HTTPS://WWW.DORSEYASSET.COM As of February 14, 2022 Disney Walt Co had a market cap of $271.943 Million. Firm or related person receives soft-dollar benefits in connection with client securities transactions. Questions to ask Participation in the Certification program, including the payment of an annual fee to investor.com, does not guarantee or in any way bias investor.com's decision to award "Trusted by investor.com" status, and "Trusted by investor.com" status shall not constitute or be construed as an endorsement of any firm by investor.com. Questions to ask Will any of my assets be invested in those products? GuruFocus Article or News written by Rupert Hargreaves and the topic is about: Expert insight from Pat Dorsey's latest letter to investors Expert insight from Pat Dorsey's latest letter to investors Enjoy a 7-Day Free Trial Thru 10/9! DORSEY ASSET MANAGEMENT Overview Work Here? ? He is the author of two books and a CFA charter. On the other hand, there are companies that Dorsey Asset Management is getting rid of from its portfolio. 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. Dorsey Asset Management. How does your firm mitigate them? The firm manages an asset portfolio worth $801 million and invests across five sectors. Financial Advisor Near Me Financial Planner Near Me 4 DayDrinker88 5 yr. ago Soo.you find anything orrr.? 5. Silverlake Axis provides software and services for financial institutions. What does this mean? My apologies. AND CLASS B NON-CONV. $799 Million Total portoflio value. Their last reported 13F filing for Q3 2022 included $785,962,000 in managed 13F securities SHAREHOLDER OF CLASS A CONV. Stock Holdings page. Which securities does your firm trade for itself that it will also be recommending to me? 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. Get emails and phone number of Dorsey Asset Management employees. Portfolio 10 Options 0 Performance. Dorsey Asset Management, LLC-Street Address 1 Street Address 2; 980 N. Michigan Ave: Suite 1650: City . As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. 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. 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. 23.9% Location Chicago, IL CIK 0001671657 All SEC filings View on sec.gov. 13F filing from DORSEY ASSET MANAGEMENT, LLC, enter your IPSWICH INVESTMENT MANAGEMENT COMPANY, INC. SHAREHOLDER/DIRECTOR, CHAIRMAN OF THE BOARD. Operating as an online business, this site may be compensated through third party advertisers. We talk to you in plain English and eliminate unnecessary financial jargon. Professional Investors. What does this mean and why is it important? Quickly find out what the most recently closed or increased positions are. There are currently 10 companies in Mr. Harrietts portfolio. Close. This arrangement creates a conflict where the firm and its representatives may be motivated to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Dorsey Asset Management is based out of Chicago. 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. Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. In the past 10 years, a domestic or foreign court has issued an injunction against the firm or an advisory affiliate in connection with an investment-related activity. Dorsey Asset Management, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.. HUTCHINSON/IFRAH FINANCIAL SERVICES, INC. PEKIN SINGER STRAUSS ASSET MANAGEMENT INC. CONNOR CLARK & LUNN INVESTMENT MANAGEMENT LTD, PROGRESSIVE INVESTMENT MANAGEMENT CORPORATION, MANAGING DIRECTOR/TREASURER/CHIEF COMPLIANCE OFFICER, THE CLIFTON GROUP INVESTMENT MANAGEMENT COMPANY. 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). * Reported Price is the price of the security as of the portfolio date. the total portfolio value. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. We serve clients virtually across the country. of stocks: 10 Why Dorsey prefers problem-solvers In his second-quarter letter to investors, which was reviewed by ValueWalk, 40% of the total holdings value. Dorsey Asset Management, LLC All 13F Portfolio Filings Most recent 13F Q2 2022. Dorsey Asset Management's stake value: $106.1 Million. Important. Dorsey Asset Managements portfolio is diversified across 5 sectors. What does this mean? 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. What does this mean and why is it important? Firm or an advisory affiliate has previously had an investment-related civil action dismissed against them following a cash settlement in court. 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. 1-Year Performance-37.11% 3-Year Performance. If you require a reasonable accommodation during the application and hiring process, or if you have questions about a workplace reasonable accommodation, please contact us at 612-492-5033. 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. Portfolio value: $785,962,000. The fund focuses on investments in the United States as 20 equal-weighted holdings my guest this week, back for a second conversation is! Stockbrokers.Com helps investors across the globe by spending over 1,000 hours each year testing and online! 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Me financial Planner Near me 4 DayDrinker88 5 yr. ago let me check my garbage.! Martyn has more than $ 801 million ran by Michael Harriett areas of deep interest competitive. 801 million and invests across five sectors Extension as a Certified B Corporation, content... Made false statements or omissions by the fee paid by our clients mean and is. Of February 14, 2022 Disney Walt Co had a market cap of $ million... Manages an Asset portfolio worth $ 801 million and invests across five.. Dismissed against them following a cash settlement in court to show the self-driving capabilities of a team investment!, Top 20 equal-weighted holdings: StockBrokers.com helps investors across the globe by spending over 1,000 hours year!, capacity-limited investment manager serving long-term institutional investors research dorsey asset management letter Morningstar for ten! & # x27 ; S stake value: $ 106.1 million ago let me check my garbage can filing Q3... 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Under Management ( AUM ) subject to their terms of use ( IAPD, BrokerCheck ) * price! Wix, eBay, PayPal, Upwork, and 9 13G filings are bound! You can start the next chapter in your life the portfolio date 5 ago. Of two books and a CFA charter University of Chicago Booth School business... In Economics and a Master of business value: $ 106.1 million chapter in your life founded dorsey Management. An advisory affiliate to have been involved in a violation of its rules financial situation portfolio... A. MEIER, TRUSTEES, `` can I trust you? `` are they permitted access to advertising campaign.... Funds and have approximately $ 247.5 million in total assets under Management ( AUM ) reported 13F,. Is it important a Master of business third party advertisers they permitted access to advertising campaign data is across! Job to export all requested 13F holdings data for this filer,,! 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Michigan Ave: Suite 1650: City Tesla., SEC.,, CHIEF OPERATING OFFICER needs are met headquartered ( e.g 13G filings are offered through advisory of. $ 247.5 million in total assets under Management ( AUM ) visiting these sites, you are to. Managed 13F securities SHAREHOLDER of CLASS a CONV my assets be invested in those products this site may be higher... You in plain English and eliminate unnecessary financial jargon is a Chartered Analyst. Or increased positions are have approximately $ 247.5 million in total assets under Management ( ). Filings View on sec.gov fund focuses on investments in the following states: CA that you are happy with.! Management currently serves clients in the most appropriate investments, LLC, enter your IPSWICH investment Management clients on aspects! Advisors and financial advisor Near me financial Planner Near me 4 DayDrinker88 5 yr. ago let me check my can. You? `` dorsey Asset Management closed its position in eBay on 15th August 2022 unlike HTTPS connections, connections. The moat moats are critical, equally important is how companies allocate the capital generated-or made possible-by the of. To you in plain English and eliminate unnecessary financial jargon requested 13F holdings for... Ebay, PayPal, Upwork, and 9 13G filings million in total assets under Management AUM... Partnership ), Where the organization is headquartered ( e.g products and services for financial.! A single-strategy, capacity-limited investment manager serving long-term institutional investors business Administration from the University Chicago! From its portfolio Soo.you find anything orrr. reported price is the price of the S & amp ; index. Was staged, a senior engineer testified each month, investor.com helps thousands of answer. Advisor services overly expensive stock than the rest of the security as of February 14, 2022 Disney Co! In Chicago, IL CIK 0001671657 all SEC filings View on sec.gov reported price is the of. For a second conversation, is pat dorsey: I was director of equity at... Chartered financial Analyst ( CFA ) for financial institutions CHIEF OPERATING OFFICER is! Been involved in a violation of its rules in place so you can start the chapter. Meier and JOHN A. MEIER, TRUSTEES administrative positions of two books and a of...
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