Darsana Capital Partners LP

New York, NY · CIK 1609098 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2014 · limited partnership

Assets managed$16.7bn
Staff23 · 11 in investment roles
Main clients (by assets)Private funds 100%
Private funds2 (1 hedge) · $16.7bn gross assets
Form ADV · 2026-03-06SEC adviser record

Legal entityDARSANA CAPITAL PARTNERS LP (US)

$22.3bn reported value +374.1% vs Q1 2026

16positions

95.4%in top 10

3 new 5 added 4 reduced 1 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	101,461,915	$17.3bn77.85%	77.85%	New
2	AMAZON COM INC COM AMZN	AMZN	2,500,000	$595.9m2.68%	2.68%	New
3	ECHOSTAR CORP CL A ECHO	ECHO	5,000,000	$507.5m2.28%	2.28%	Reduced -2.0m	-2,000,000 -28.6%
4	SOTERA HEALTH CO COM SHC	SHC	27,000,000	$479.2m2.15%	2.15%	Added +1.0m	+1,000,000 3.9%
5	GUIDEWIRE SOFTWARE INC COM GWRE	GWRE	3,804,000	$468.1m2.10%	2.10%	Reduced -196.0k	-196,000 -4.9%
6	HCA HEALTHCARE INC COM HCA	HCA	1,100,000	$428.9m1.93%	1.93%	Added +350.0k	+350,000 46.7%
7	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	4,300,000	$409.1m1.84%	1.84%	Unchanged
8	NEW YORK TIMES CO CL A NYT	NYT	5,000,000	$349.9m1.57%	1.57%	Reduced -38.7k	-38,727 -0.8%
9	DICKS SPORTING GOODS INC COM DKS	DKS	1,500,000	$340.2m1.53%	1.53%	Added +125.0k	+125,000 9.1%
10	WARNER MUSIC GROUP CORP COM CL A WMG	WMG	11,943,199	$323.3m1.45%	1.45%	Added +93.2k	+93,199 0.8%
11	WINGSTOP INC COM WING	WING	1,500,000	$260.1m1.17%	1.17%	Added +250.0k	+250,000 20.0%
12	EQUIFAX INC COM EFX	EFX	1,500,000	$238.1m1.07%	1.07%	Unchanged
13	SCHWAB CHARLES CORP COM SCHW	SCHW	2,250,000	$207.6m0.93%	0.93%	Unchanged
14	META PLATFORMS INC CL A META	META	300,000	$169.0m0.76%	0.76%	New
15	VERTIV HOLDINGS CO COM CL A VRT	VRT	244,906	$82.0m0.37%	0.37%	Reduced -755.1k	-755,094 -75.5%
16	LIBERTY MEDIA CORP DEL COM LBTY ONE S A FWONA	FWONA	850,000	$74.4m0.33%	0.33%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
SOMNIGROUP INTERNATIONAL INC SGI	SGI	2,655,469	$196.3m2.7m shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
SOTERA HEALTH CO SHC · 13G · filed 2025-11-14	SHC	8.8%≈ $443.8m		13G	2025-11-14
WARNER MUSIC GROUP CORP WMG · 13G · filed 2026-05-15	WMG	8.1%≈ $320.8m	+2.6 pts	13G	2026-05-15
WINGSTOP INC WING · 13G · filed 2026-05-12	WING	5.5%≈ $260.1m	new	13G	2026-05-12