# Darsana Capital Partners LP

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1609098. Source: https://holderbook.com/funds/1609098-darsana-capital-partners-lp/

- Reported value: $22.3B
- Positions: 16
- Weight of the ten largest: 95.4%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $17.3B | 101,461,915 | 77.8% | 1 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $595.9M | 2,500,000 | 2.7% | 1 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $507.5M | 5,000,000 | 2.3% | 9 |
| SOTERA HEALTH CO | [SHC](https://holderbook.com/stocks/SHC/) | $479.2M | 27,000,000 | 2.2% | 9 |
| GUIDEWIRE SOFTWARE INC | [GWRE](https://holderbook.com/stocks/GWRE/) | $468.1M | 3,804,000 | 2.1% | 25 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $428.9M | 1,100,000 | 1.9% | 10 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $409.1M | 4,300,000 | 1.8% | 7 |
| NEW YORK TIMES CO MTN BE | [NYT](https://holderbook.com/stocks/NYT/) | $349.9M | 5,000,000 | 1.6% | 31 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $340.2M | 1,500,000 | 1.5% | 3 |
| WARNER MUSIC GROUP CORP | [WMG](https://holderbook.com/stocks/WMG/) | $323.3M | 11,943,199 | 1.5% | 8 |
| WINGSTOP INC | [WING](https://holderbook.com/stocks/WING/) | $260.1M | 1,500,000 | 1.2% | 4 |
| EQUIFAX INC | [EFX](https://holderbook.com/stocks/EFX/) | $238.1M | 1,500,000 | 1.1% | 6 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $207.6M | 2,250,000 | 0.9% | 6 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $169.0M | 300,000 | 0.8% | 1 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $82.0M | 244,906 | 0.4% | 3 |
| LIBERTY MEDIA CORP DEL | [FWONA](https://holderbook.com/stocks/FWONA/) | $74.4M | 850,000 | 0.3% | 7 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | -1.4% | +14.8% | -16.2% | 100% |
| Q1 2026 | -4.4% | -4.6% | +0.2% | 100% |
| Q4 2025 | +7.7% | +2.4% | +5.3% | 100% |
| Q3 2025 | +19.3% | +7.8% | +11.5% | 100% |
| Q2 2025 | +11.1% | +10.5% | +0.7% | 100% |
| Q1 2025 | -0.1% | -4.6% | +4.5% | 100% |
| Q4 2024 | -5.1% | +2.1% | -7.2% | 100% |
| Q3 2024 | +12.1% | +5.4% | +6.7% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $22.3B | 16 |
| Q1 2026 | $4.7B | 14 |
| Q4 2025 | $5.0B | 16 |
| Q3 2025 | $4.2B | 14 |
| Q2 2025 | $3.5B | 14 |
| Q1 2025 | $3.4B | 14 |
| Q4 2024 | $3.3B | 14 |
| Q3 2024 | $4.1B | 15 |
| Q2 2024 | $3.7B | 14 |
| Q1 2024 | $3.1B | 13 |
| Q4 2023 | $2.8B | 11 |
| Q3 2023 | $2.0B | 10 |