Darsana Capital Partners
Superinvestor profile · Rank #19 of 149 tracked managers by reported 13F value · CIK 0001609098 · All profiles
Founded 2014New York City, New York, U.S.Concentrated long/short equity, fundamentalKey person: Anand Desai (founder and CEO)
Reported 13F value
$22.3B
Period 2026-06-30 · Filed 2026-08-14
Positions
16
Top 10 = 95.4% of value
Clone CAGR (full window)
+19.3%
2016-11-14 → 2026-10-02 · cumulative +470%
SPY CAGR (same window)
+15.5%
Cumulative +316%
Max drawdown (monthly)
-52%
Month-end values, approximate
Latest-quarter activity
3 new · 1 exited
5 increased · 4 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)
Clone performance
| Window | Clone CAGR | Note |
|---|---|---|
| Full window (2016-11-14 → 2026-10-02, 40 filings) | +19.27% | Cumulative +470.5% vs SPY +316.1% |
| Trailing 10Y | — | |
| Trailing 5Y | +10.84% | |
| Trailing 3Y | +30.62% | |
| Trailing 1Y | +16.04% |
Top holdings — 2026 Q2 filing
| Ticker | Company | Weight | Reported value |
|---|---|---|---|
| SPCX | Space Exploration Techn Corp | 77.85% | $17.3B |
| AMZN | Amazon Com Inc | 2.68% | $596M |
| ECHO | Echostar Corp | 2.28% | $508M |
| SHC | Sotera Health Co | 2.15% | $479M |
| GWRE | Guidewire Software Inc | 2.10% | $468M |
| HCA | Hca Healthcare Inc | 1.93% | $429M |
| FWONK | Liberty Media Corp Del | 1.84% | $409M |
| NYT | New York Times Co Mtn Be | 1.57% | $350M |
| DKS | Dicks Sporting Goods Inc | 1.53% | $340M |
| WMG | Warner Music Group Corp | 1.45% | $323M |
As reported on the 2026-06-30 Form 13F (filed 2026-08-14). Full holdings and quarter changes: holdings page.
Filing history in this profile
Every clone input traces to one of these SEC filings. 98.8% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.
Background (founded / HQ / style) source: https://www.insidermonkey.com/hedge-fund/darsana+capital+partners/792/ — Limited partnership formed in January 2014 under Delaware law; launched with about $1 billion of capital. Desai was previously a founding partner and senior managing director at Eton Park Capital Management (2004-2013). Principal office at 40 West 57th Street, New York.