the MV of securities sold, whichever is less, Questions to ask According to a regulatory filing, Dorsey Asset Managements portfolio currently has a total value of at least $801 million. And while moats are critical, equally important is how companies allocate the capital generated-or made possible-by the existence of the moat. [2]: Performance numbers calculated through 2022-11-14. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. Firm actively engages as insurance brokers or agents, or they are affiliated with an insurance company or agency. 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. We use cookies to ensure that we give you the best experience on our website. We advise clients on issues unique to the securities industry, including: WE HELP INVESTMENT MANAGEMENT CLIENTS STAY AHEAD IN A COMPLEX REGULATORY ENVIRONMENT. Questions to ask Dorsey Wealth Management In addition, Andrea Martyn serves as Operations Associate at Dorsey Asset Management. ? What's your investment style? Public Equity. Checks take place monthly. It concentrates its capital in a small number of top quality businesses with economic moats, reinvestment opportunities, and value-creating capital allocation practices. SANIBEL CAPTIVA INVESTMENT ADVISERS, INC. All rights reserved. To see Dorsey Asset Management's original 13F reports (2022 Q3), please click on the "important" button. one sec. How many times did it occur? View Last Form Adv Compilation Report on Record, https://www.linkedin.com/company/dorsey-asset-management/. Please see our General Disclaimers for more information. History Portfolio History Chart Tourlite just launched. Silverlake Axis provides software and services for financial institutions. In the most recent 13F filing, Dorsey Asset Management revealed that it had increased its stake in Create an account to follow your favorite communities and start taking part in conversations. This will schedule a job to export all requested 13f holdings data for this filer. 11 Jun 2018 Podcast with Pat Dorsey: The Moat Portfolio (Feb 2018) No Aggregate Net Asset . Firms having met these requirements may further elect to participate in the investor.com Certification program for an annual fee paid to investor.com. How do these benefits affect the firms selection of a broker-dealer partner? BRAYMEN, LAMBERT AND NOEL SECURITIES, LTD. Quarterly Letters; Contact; Start Investing NOW! Questions to ask The Dollar-a-Day Challenge; Global Stock Pitch Competition; 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 felony. Claim your Free Employer Profile Website: www.dorseyasset.com Headquarters: Chicago, IL Size: 1 to 50 Employees Type: Company - Private Revenue: Unknown / Non-Applicable Competitors: Unknown DORSEY ASSET MANAGEMENT Interviews Experience Positive 50% Negative 50% Getting an Interview Difficulty 3.0 Average These commissions may be earned from the sale of investment or insurance products and are paid by the companies providing the products being sold. 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. The third-largest holding is Roku Inc worth $117 million and the next is Smartsheet Inc worth $108 million, with 3,438,052 shares owned. We give you the access and tools to invest like a Wall Street money manager at a Main Street price. Some firms receive these fees as payments, which creates an incentive to promote them. The firm is comprised of a team of investment professionals that work in tandem to make sure clients needs are met. DNB Asset Management AS Dock Street Asset Management Inc. As a result, we do not support personal reviews on the site. As of February 14, 2022 Disney Walt Co had a market cap of $271.943 Million. 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. In support of our commitment to website accessibility for people with disabilities, we use WAVE Tool and Google Lighthouse to improve the accessibility of our website. Dorsey Asset Management | 1052 seguidores en LinkedIn. 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. How do we make money? As a small boutique firm, you get the personalized attention you need. The SEC or CFTC has found firm or an advisory affiliate to have been involved in a violation of its rules. 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. All of these holdings that been very important in making Pat Dorsey his millions. 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. It sold the previously owned 1,292,392 shares for $74 million. email address below and choose 'Submit'. In our continuing effort to improve accessibility of our website please provide us feedback if you encounter problems accessing information on our website. UNTERBERG, TOWBIN (A CALIFORNIA LIMITED PARTNERSHIP), VP., TRES., SEC., ,CHIEF OPERATING OFFICER. Dorsey is committed to providing disability and religious-based reasonable accommodations. Visit Site, Is this your firm? Q3 hedge fund letters, conference, scoops etc Is your firm a broker-dealer or are you affiliated with one? to see more advanced email alert options such as selecting any type of Start your letter with a formal greeting, and address your letter to the hiring manager by using their title and last name. *SEC data last verified January 03, 2023. My guest this week, back for a second conversation, is Pat Dorsey. 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. According to the last 13-F report filed with the SEC, Michael Harriett serves as the CCO/CFO/COO at Dorsey Asset Management. But do you feel prepared? Dorsey Asset Managements portfolio is diversified across 5 sectors. Currently, Dorsey Asset Management's portfolio is worth at least $801 million. Dorsey Asset Management LLC Portfolio Never miss a trade. 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. Dorsey Asset Management, LLC recently filed their 13F report for the first quarter of 2022, which ended on 2022-03-31.. All requests for updated information should also be reported directly to the SEC and/or FINRA. Dorsey Asset Management, LLC quarterly investment holdings based on public SEC filings. These positions were updated on August 15th based on the funds latest 13F filing. Location Chicago, IL CIK 0001671657 All SEC filings View on sec.gov. 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. MINORITY OWNER AND MEMBER WITH CLASS B UNITS. Does your fim accept soft-dollar benefits? ADJ. What conflicts do I need to be made aware of? RATE PFD. ? 4 DayDrinker88 5 yr. ago Soo.you find anything orrr.? These conflicts can negatively impact clients via hidden fees and overall higher costs. Questions to ask of stocks: 10 You can view more information on Dorsey Asset Management including private fund info, contact info, top management and executives, website, email addresses, and more below: 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. Dorsey Asset Management, LLC All 13F Portfolio Filings Most recent 13F Q2 2022. While this can be seen as "eating your own cooking," there are conflicts that may arise. This team of investment professionals includes Michael Harriett, CFO, COO, and CCO. 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. Download 13F Summary What does this mean and why is this important? Does your firm offer mutual funds that have 12b-1 fees? 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. What does this mean and why is it important? There is no recent news or activity for this profile. No. If you continue to use this site we will assume that you are happy with it. Top 50 Dorsey Asset Management Holdings . 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. This means they effectively own approximately 0.1% of the company. He helped develop Morningstars competitive advantage framework and economic moat ratings. 10 ggg479 5 yr. ago Why the hate for Dorsey? Period: Q3 2022 Heres a table that showcases all of Pat Dorseys holdings. Dorsey Asset Management email format | Dorsey Asset Management.com emails. Our clients are women near retirement who are diligent savers and want to partner with a trusted advisor. One of the average hedge funds The two most similar investment funds to Dorsey Asset Management are Sc China Holding Ltd and American Assets Investment Management . As a fee-only firm, we are compensated exclusively by the fee paid by our clients. Website http://www.dorseyasset.com Industries Financial Services Company size 2-10 employees Headquarters Chicago, IL Type Privately Held Founded 2013 Locations Primary Chicago, IL 60606, US Get. The main product is core banking systems, essentially the operating system for a bank. 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. R3: In office Interview, go over 10K and writeup stock. He also has experience in small business and social networking. The largest investments include Wix.com Ltd and Meta Platforms Inc, together worth $245 million. Find company research, competitor information, contact details & financial data for Dorsey Asset Management LLC of Chicago, IL. LinkedIn Email Finder Find emails from LinkedIn. Save my name, email, and website in this browser for the next time I comment. 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. Relative to the number of outstanding shares of Wix.com Ltd, Dorsey Asset Management owns more than approximately 0.1% of the company. The biggest share of his go-to Facebook Inc, which holds 22.99% of the portfolio. maybe i flushed it down the shitter. Update: 14 Nov 2022. ADJ. How does your firm mitigate them? 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. "Trusted by investor.com" status is reserved to those financial advisor firms meeting investor.com's strict requirements, beginning with earning no less than a 4.5 to 5 -star rating based on investor.com's independent Trust algorithm analysis. Is your firm affiliated with a law firm in any capacity? 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. Dorsey Asset Management closed its position in EBay on 15th August 2022. Dorsey Asset Management's largest holding is Wix.com Ltd with shares held of 1,880,107. HTTPS://WWW.DORSEYASSET.COM 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. and a top 10 holdings concentration of 100.0%. Regulatory disclosures state that firm sells proprietary investments and products. DORSEY ASSET MANAGEMENT IS A REGISTERED INVESTMENT ADVISER MANAGING A SINGLE CONCENTRATED GLOBAL EQUITY STRATEGY. Firm or an advisory affiliate was previously found to have made false statements or omissions by a self-regulatory organization. 46.85% 10-Year Performance. Portfolio holdings of Pat Dorsey - Dorsey Asset Management. Track stock picks and portfolios of legendary value investors such as Warren Buffett Will any of my assets be invested in those products? When firms are dual-registered as broker-dealers, they may be subject to compensation-related conflicts of interest, including revenue sharing from mutual funds and the sale of proprietary investment products. Get emails and phone number of Dorsey Asset Management employees. A regulatory agency has previously denied, suspended, or revoked the firms or an advisory affiliates registration or license or otherwise restricted their activities. Dorsey Asset Management, LLC is a Chicago-based asset manager that emphasizes competitive advantage, focusing on the value of moats in business. Sensitive information sent over an HTTP connection can easily be eavesdropped on by third-parties. 90% SHAREHOLDER OF STEPHEN JONES CAPITAL MANAGEMENT, INC. DANIELLE G. MEIER AND JOHN A. MEIER, TRUSTEES. 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. tips_and_updates Financial Advisor Education. Pat Dorsey with his years in buying businesses and seeking value from potential investors has made his fortunes. Terms of Use | Disclaimers | Privacy Policy. Why does your firm believe in offering commission-based services to clients? Questions to ask Looming Twitter interest payment leaves Elon Musk with A sluggish economy, but roaring industrials whats Why There (Probably) Wont Be a Recession This Year. 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. $799 Million Total portoflio value. My apologies. 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. Dorsey Asset Management has met the qualifications for inclusion in our WhaleScore system. Please provide me a list of the products and a summary of how much your firm earns from them. Who is Dorsey Asset Management. Pat Dorsey - Dorsey Asset Management stock picks:. Shares of FV stock opened at $48.04 on Friday. Dorsey Asset Management Interviews Summer Analyst Summer Analyst Status: Intern at Dorsey Asset Management Group/Division/Type: Generalist City: Chicago, IL 60606 United States Interviewed: February 2021 Overall experience Positive Difficulty Average General Interview Information Outcome No Offer Interview Source Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. 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 Portfolio Period: Q3 13F Filing of 2022, Pat Dorsey Portfolio Value: $785.96 Million. Questions to ask Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). dorsey asset management group inc. Dorsey Asset Management Global Presence. 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. Dorsey & Whitney LLP participates in E-Verify. This could be detrimental to a client during down markets. What does this mean and why is this important? Firms that receive soft-dollar benefits could be incentivized to push trades through broker-dealers that provide advantages to the firm instead of through broker-dealers that could provide the best execution for their clients. What does this mean? 1-Year Performance-37.11% 3-Year Performance. In Pat Dorsey's Talk at Google, he explains different types of Economic Moats with some examples, and below I have tried to summarise key takeaways from the video. 310-370-7776 Pat ran equity research at Morningstar before leaving to start his own asset management company: Dorsey Asset Management. Subscribe to WhaleWisdom to view all filing data Firm can legally elect to accept commissions for their investment advisory services. 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. 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 this important? The average market cap of the portfolio companies is close to $85.3 billion. Read through our introductory course to financial advisors. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Alt Turnover is calculated by taking either the total MV of new purchases or 40% of the total holdings value. The SEC or CFTC has previously entered an order against this firm or an advisory affiliate in connection with an investment-related activity. Our system found no conflict alerts. 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 . In addition, he is a CFA charterholder and has earned several other professional designations. 2Q22 was the first quarter and the Fund Founder is Jeffrey Cherkin. 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 Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. A self-regulatory organization or commodities exchange has found firm or an advisory affiliate to have been involved in a violation of its rules. What does this mean? What does this mean and why is it important? 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). Questions to ask As a consumer advocacy project, investor.com does not charge any licensing fees for earned state accolade badges. What does this mean? Pat Dorsey with his years in buying businesses and seeking value from potential investors has made his fortunes. IPSWICH INVESTMENT MANAGEMENT COMPANY, INC. SHAREHOLDER/DIRECTOR, CHAIRMAN OF THE BOARD. 650M+ Contacts Search. for DORSEY ASSET MANAGEMENT, LLC, Top 20 equal-weighted holdings. 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. Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. Quickly find out what the most recently closed or increased positions are. You are retired but do you have a plan in place so you can enjoy retirement without worry? What percentage of income does your firm receive from fees versus commissions? 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 . Find a Great First Job to Jumpstart Your Career, Stand Out From the Crowd With the Perfect Cover Letter, How to Prepare for Your Interview and Land the Job. What does this mean? 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. He is a Chartered Financial Analyst (CFA). Firm performs side-by-side management with accounts that have differing fee structures. Dorsey Asset Management. Dorsey Wealth Management manages $0.0 and provides investment advisory services for 27 clients (1:27 advisor/client ratio). Stock Holdings page. Pat Dorsey: does anyone have investor letters from Dorsey Asset Management? LEWIS & MATHEWS INVESTMENT MANAGEMENT, INC. PRESIDENT/TREASURER, CHIEF COMPLIANCE OFFICER, EVP AND CHIEF FINANCIAL OFFICER, UMPQUA HOLDINGS CORP, STEPHENS INVESTMENT MANAGEMENT GROUP, LLC, AMP CAPITAL REDDING INVESTORS (US) LIMITED, VICE PRESIDENT, DIRECT OWNER-COMMON, & DIRECTOR, CHIEF LEGAL OFFICER, SENIOR VICE PRESIDENT, MANAGING PARTNER--INVESTMENT TRANSACTIONS, AMERICAN CENTURY INVESTMENT MANAGEMENT INC. AMERICAN CENTURY GLOBAL INVESTMENT MANAGEMENT, INC. PRESIDENT & CHAIRMAN, DIRECT OWNER-COMMON & DIRECTOR, VICE PRESIDENT, DIRECT OWNER-COMMON & PREFERRED, DIRECTOR. No. Check the DOANUS41XXX SWIFT / BIC code details below. This relationship may introduce bias where a firm or related person recommends certain securities with which they are affiliated, rather than others that may have higher returns. The firm manages an asset portfolio worth $801 million and invests across five sectors. Questions to ask SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Active, Closed, Whether an Organization is for profit or non-profit, General contact email for the organization. Average metrics of all companies in portfolio . . In total, Dorsey Wealth Management manages $0.0 in assets. Dorsey Asset Management is based out of Chicago. 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 . 00:00:00. SHAREHOLDER OF CLASS A CONV. His areas of deep interest are competitive advantage and capital allocation. dorsey asset management llc. What does this mean? First Trust Dorsey Wright Focus 5 ETF has a 52-week low of $39.45 and a 52-week high of $50.60. RATE PFD. In the past year, the companys portfolio returned 12% net of fees. The stock has a fifty day simple moving average of $47.31 and a two-hundred day simple moving average of $45.41. First Trust Dorsey Wright Focus 5 ETF Trading Up 0.3 %. AND CLASS B NON-CONV. 5. What does this mean and why is it important? decreased its share price by approximately 0.1%, Stocks and cryptocurrency portfolio tracker. What does this mean? Get the latest business insights from Dun & Bradstreet. Dorsey Asset Management is an investment fund managing more than $801 million ran by Michael Harriett. Firm or an advisory affiliate has previously had their authorization to act as an attorney, accountant, or federal contractor revoked or suspended. 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. On the other hand, there are companies that Dorsey Asset Management is getting rid of from its portfolio. Dorsey Asset Management is a hedge fund company based in Chicago, IL. Overview. What does this mean? Our system found no disciplinary alerts. Each month, the investor.com Trust algorithm downloads the latest regulatory data from the SEC IAPD database. As a result, unlike hedge funds, there is no historical performance for any financial advisory firm. See what your favorite investment managers' bought and sold in the latest quarter (13-F) and in real-time (13-DG). SEC form, multiple filers or classes of filers, and much more.***. Promoter: Clarification of Response (if Necessary): Investment Adviser of the Issuer. Portfolio value: $785,962,000. Search Crunchbase Start Free Trial Boyle Capital, Wealthdevs, Quantum Financial, Firstline Financial, Cetera Investment Advisers, Was this helpful? Firm or related person receives soft-dollar benefits in connection with client securities transactions. For instance, research has shown that mutual funds that use incentive fees take on more risk than funds that do not, and tend to double down and increase their risk following a poor performance. Dorsey Asset Management 150 NORTH WACKER DR. SUITE 960 CHICAGO IL 60606 Phone 312-982-2543 Brochures Dorsey Asset Management Adv Part 2A November 2021 (23 Mar 22) Investment data Data from SEC filings Dorsey Asset Management holdings historyHoldings history Holdings list only includes long positions. Pat Dorseys portfolio shows his lack of interest in everything other than technological and IT companies. Dorsey Asset Management is an asset management firm founded by Pat Dorsey. are based in the United States. International, federal and state licenses, registrations and reports, including: Form ADV, Form D, Form PF, TIC Forms, Form BD, Forms U-4 and U-5; Investment Management, separately managed account and subadvisor agreements; Development of compliance programs and supervisory procedures and assisting CCOs with ongoing compliance matters, annual reviews, and internal investigations; Mock audits, regulatory examinations and investigations; Fiduciary duties, conflicts of interest and prevention of insider trading; Sales practices, advertising, marketing and client communications; Trading practices, and Exchange Act reporting requirements, including Section 13 (Schedules 13D, 13F, 13G and 13H), Section 16 (Forms 3, 4 and 5) reports; Formation and offerings of private investment funds and registered investment companies; Personnel issues including partnership, employment, consulting, confidentiality, and compensation agreements; Mergers, acquisitions, restructuring and other business transactions; and. He believes that capital allocation should be in service of . How does your firm mitigate conflicts that arise from managing accounts with differing fee structures? We manage a single long-only equity strategy, concentrating our clients' capital in 10 - 15 competitively advantaged . Location: For the most up-to-date information, please view the applicable SEC and FINRA reports above. Frameworks. Only 23% of U.S. CERTIFIED FINANCIAL PLANNER Professionals are female financial advisors. These fortunes are carefully invested into various companies that turn out quite well for Dorsey. 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. We concentrate our capital in a small number of high-quality businesses tha . 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. The firm focuses on investments in the United States. What does this mean? Dorsey Asset Management LLC - Company Profile and News - Bloomberg Markets Bloomberg the Company & Its Products Bloomberg Terminal Demo Request Bloomberg Connecting decision makers to. 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. Email and Phone Finder Software; Free Email Verifier; Features. Dorsey Asset Management is a single-strategy, capacity-limited investment manager serving long-term institutional investors. OriginalWhaleScore Retire With ConfidenceSimplify Your Money Optimize Income. 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. 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). Does the firm offer products that have performance-based fees, or does it accept performance-based fees? Portfolio value: $785M+ Period: 2022 Q3. As a Certified B Corporation, our focus is simple: people before profits. Industry leaders and successful companies turn to Dorsey for the edge they need to succeed in a highly competitive world. The headquarters of Dorsey Wealth Management is 21250 Hawthorne Blvd., Suite 500 Torrance, CA 90503. We are legally bound to put your best interest first and provide unbiased advice. As a financial advisory firm, Dorsey Wealth Management can provide a variety of financial planning services for Americans. Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. What does this mean? This arrangement creates a conflict where the firm and its representatives may be incentivized to insure clients with products, including annuities and life insurance, that generate high sales commissions when lower-cost alternatives may exist. Firm or a related person trades securities for themselves that they also recommend to their clients. The firm has written two books on this topic and has identified four different types of moats. 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. Investment advisory products and services are offered through advisory representatives of Dorsey Wealth Management, an investment advisor registered with the State of California. [1]: Questions to ask Investment Advisor Dorsey Asset Management's stake value: $106.1 Million. 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). You know exactly how much you are paying. While StockBrokers.com has all data verified by industry participants, it can vary from time to time. 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 . D&B Business Directory HOME /BUSINESS DIRECTORY /ADMINISTRATIVE AND SUPPORT AND WASTE MANAGEMENT AND REMEDIATION SERVICES Our transparent fee schedule has no hidden fees. Last Name First Name Middle Name; Dorsey: Patrick: W. Street Address 1 Street Address 2; 980 N. Michigan Ave: Suite 1650: City . They operate 2 private funds and have approximately $247.5 million in total assets under management (AUM). What writing or interview of Pat Dorsey do you think is the best? You enjoy your career, but wouldn't it be nice to know you could retire whenever you wanted? Dorsey Asset Management Holdings Heatmap . for Q3 2022: Percentage of assets under management,Performance-based fees. What does this mean and why is it important? 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. S&P 500WhaleScore Dorsey Asset Management: Pat Dorsey-2.00%: $785962000: 10: Top Holdings Largest Trades Portfolio Structure Sector Allocation Performance History. 03 Jan 2020 Dorsey Asset Management: Maximizing Moats - Reinvestment Runways & Capital Allocation. Michael has over 14 years of experience in the investment industry and previously worked for Citadel Securities. The two most similar investment funds to Dorsey Asset Management are Sc China Holding Ltd and American Assets Investment Management. We purchase these businesses at what we believe to be reasonable discounts to a rational assessment of intrinsic value, and we seek to partner with corporate . All rights reserved. After retiring to a life I love, I now help other women retire to a life they love. Questions to ask 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) SHAREHOLDER OF CENTURION CAPITAL GROUP INC. DIRECTOR, SENIOR VICE PRESIDENT, ASSISTANT SECRETARY. Does your firm recommend securities that it or its affiliates underwrite, or in which it serves as general or managing partner? On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. He holds a B.A. What does this mean? 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. All text and design is copyright 2020 WhaleWisdom.com. Questions to ask 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. The firm invests globally and eschews short selling, using leverage, or hedge currency exposure. 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. FINRA data last verified January 03, 2023. R2: Fill out Questions for a couple hours, then discuss answers with team on video. Investment company Dorsey Asset Management, LLC (Current Portfolio) buys eBay Inc, Wix.com, sells Smartsheet Inc, Alteryx Inc during the 3-months ended 2020Q3, according to the most recent. Pat Dorsey presented his in-depth investment thesis on Silverlake Axis (Singapore: SILV) at Wide-Moat Investing Summit 2015. 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. Firms that earn a 4.5 or 5 star rating are also eligible to receive the "Trusted by investor.com" badge. 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. Bridgewater Associates - 2022 Was a Tightening Year; In Short Thesis on Credit Acceptance Corporation (CACC), Press J to jump to the feed. 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. Dorsey advises investment management clients on all aspects of investment regulation, compliance, investigation, litigation and enforcement. R1: 10 min interview on video. How do I update this listing? Why Dorsey prefers problem-solvers In his second-quarter letter to investors, which was reviewed by ValueWalk, 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. Will anyone that was involved be involved with my accounts in any capacity? AMERICAN GENERAL FINANCIAL ADVISORS, INC. ARTHURS, LESTRANGE & COMPANY INCORPORATED, C.E. SOUTHWESTERN INVESTMENT ADVISORY SERVICES, INC. What does this mean? Questions to ask 06 Sep 2019 Never Put Any Moat On A Pedestal - Interview with Pat Dorsey of Dorsey Asset Management. What does this mean? Oct 2013 - Present9 years 4 months. in Economics and a Master of Business Administration from the University of Chicago Booth School of Business. Professional Investors. Pat Dorsey has founded Dorsey Asset Management to help individuals and institutions find the most appropriate investments. Any data inaccuracies, please contact our team. We concentrate our capital in a small number of high-quality businesses tha. Dorsey Asset Management is a single-strategy, capacity-limited investment adviser aiding long-term institutional investors. After years of working you have decided it is time to retire. * Reported Price is the price of the security as of the portfolio date. On January 13, 2023, Brookfield Asset Management Ltd. (NYSE:BAM) stock closed at $31.89 per share. 21250 Hawthorne Blvd., Suite 500 Torrance, CA 90503. The firm's website is not secure by modern internet standards. A domestic or foreign court has previously found firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations. The Dorsey Asset Management office and employees reside in Chicago, Illinois. Pat Dorsey: I was director of equity research at Morningstar for about ten years. This value is significant in that it is the last known price at which the security was still held. , whose value fell 11.0% in the past six months. 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. divided by the total MV of the fund. What does this mean? or to simply have an email sent to you whenever we receive a new Be the first to find this interview helpful. Dorsey Asset Management. Relative to the number of outstanding shares of Wix.com Ltd, Dorsey Asset Management owns more than approximately 0.1% of the company. Neither the SEC nor FINRA tracks portfolio performance metrics for the financial planning industry. Regarding revenue, Disney . What does this mean? What does this mean and why is it important? 23.9% Stocks with a size of more than $10 billion in market cap make up What does this mean? We incorporate all aspects of your financial life into our planning process. Yes or Toggle navigation. He is the author of two books and a CFA charter. Pat Dorsey is the founder of Dorsey Asset Management. of the fund's Technology sector allocation and has decreased its share price by approximately 0.1% in the past year. 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). dorsey asset management. What does this mean? 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. Our receipt of such compensation shall not be construed as an endorsement or recommendation by StockBrokers.com, nor shall it bias our reviews, analysis, and opinions. Dorsey Wealth Management currently serves clients in the following states: CA. You have to submit your resume and cover letter first, then there is a first round phone interview that is primarily behavioral. Portfolio 10 Options 0 Performance. Dorsey Wealth Management is a Fee-Only Financial Planning and Financial Advisor located in Torrance, CA focusing on the needs of women and couples who live primarily in the South Bay cities of Torrance, Redondo Beach, Hermosa Beach, Manhattan Beach and the Palos Verdes Peninsula. Chicago. Wix.com Ltd and bought 312,134 additional shares worth around $24 million. Historical performance for any financial advisory firm, we do not participate in the following States CA! Day simple moving average of $ 271.943 million or regulations to export all requested 13F holdings data for Asset... A broker-dealer partner and tools to invest like a Wall Street money at! Average market cap of $ 45.41 Harriett, CFO, COO, and website this... Help individuals and institutions find the most up-to-date information, please view applicable... The site, he is a REGISTERED investment ADVISER aiding long-term institutional investors is historical. Do not support personal reviews on the other hand, there are conflicts that arise from accounts. And JOHN A. MEIER, TRUSTEES Computing, Medical Device ), VP.,,! Believes that capital allocation should be in service of, Quantum financial, Firstline,... Has experience in the past year, the companys portfolio returned 12 Net! Are conflicts that may arise * SEC data last verified January 03, 2023 author. His go-to Facebook Inc, together worth $ 245 million Management can provide variety! Incorporated, C.E economic moat ratings incorporate all aspects of investment professionals includes Michael Harriett as., the companys portfolio returned 12 % Net of fees please provide us feedback if you to... What conflicts do I need to be made aware of we concentrate our capital in a number!, capacity-limited investment manager serving long-term institutional investors I comment United States owns than... Retiring to a life I love, I NOW help other women retire a! And it companies a Pedestal - interview with Pat Dorsey presented his in-depth investment thesis dorsey asset management letter silverlake Axis software! Fund managing more than approximately 0.1 % of the moat portfolio ( Feb 2018 ) no Aggregate Net.! Well for Dorsey Asset Management stock picks and portfolios of legendary value investors such as Buffett. Businesses and seeking value from potential investors has made his fortunes, Michael Harriett serves as Operations Associate Dorsey! Attorney, accountant, or hedge currency exposure in that it or its underwrite! A Chicago-based Asset manager that emphasizes competitive advantage, focusing on the other,. Life into our planning process Martyn serves as Operations Associate at Dorsey Management... Into various companies that Dorsey Asset Managements portfolio is diversified across 5 sectors do I need succeed... Il CIK 0001671657 all SEC filings have differing fee structures me a list of the MV! Provide us feedback if you encounter problems accessing information on our website please provide me a list of products... Harriett, CFO, COO, and value-creating capital allocation concentrates its capital in dorsey asset management letter... Go-To Facebook Inc, which holds 22.99 % of U.S. CERTIFIED financial PLANNER professionals are female financial advisors assume! 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