{"url":"https://nivawealth.com/firms/darsana-capital-partners-170862","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/170862","regulatoryAum":16667644521,"crd":"170862","secFileNumber":"801-79662","legalName":"Darsana Capital Partners LP","displayName":"Darsana Capital Partners","website":null,"linkedinUrl":"https://www.linkedin.com/company/darsana-capital-partners-lp/?viewAsMember=true","founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"40 West 57th Street, 22nd Floor","city":"New York","state":"NY","stateName":"New York","country":"United States","postalCode":"10019"},"tradeNames":[],"registration":{"secApproved":"2 June 2014","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":23,"advisory":11,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":16667644521,"discretionaryAccounts":5,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":60,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":5,"regulatoryAum":16667644521}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Darsana Capital Partners has custody of $5.70B for 1 clients.","otherCustodians":[],"leadership":[{"name":"Christian Ferrante","title":"Chief Financial Officer/Chief Operating Officer","crd":"4912018"},{"name":"Anabelle Gray","title":"Chief Compliance Officer and General Counsel","crd":"5522249"},{"name":"Anand Desai","title":"Managing Partner","crd":"2641486"}],"ownership":[{"label":"Anand Desai","detail":"Managing partner in the 75% or more ownership band and a control person, since January 2014. Also a chief executive officer and sole member of Darsana Capital Partners GP LLC in the 75% or more band and a control person, since January 2014."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"officesByState":[{"state":"New York","offices":1,"addresses":[{"street":"40 West 57th Street, 22nd Floor","city":"New York","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"212-589-5300","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":"0","assetMix":[],"privateFunds":2},"sources":{"adv1FilingDate":"6 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/170862/PDF/170862.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Darsana Capital Partners have?","answer":"Darsana Capital Partners has 5 clients and manages $16.7 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Darsana Capital Partners offer?","answer":"Darsana Capital Partners provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Darsana Capital Partners have?","answer":"Darsana Capital Partners has 0 investment adviser representatives registered with state securities authorities, out of 23 employees, and 11 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Darsana Capital Partners?","answer":"Darsana Capital Partners’ direct owner is Anand Desai (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 6 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Darsana Capital Partners get paid?","answer":"Darsana Capital Partners is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/darsana-capital-partners-170862/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1609098/000117266126003746/0001172661-26-003746-index.html","totalValue":22269061321,"positionCount":16,"top10Share":0.9536936958349669,"top10":[{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":17335782797,"shares":101461915,"shareType":"SH"},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":595850000,"shares":2500000,"shareType":"SH"},{"issuer":"ECHOSTAR CORP","titleOfClass":"CL A","cusip":"278768106","value":507500000,"shares":5000000,"shareType":"SH","priorValue":819490000,"priorShares":7000000},{"issuer":"SOTERA HEALTH CO","titleOfClass":"COM","cusip":"83601L102","value":479250000,"shares":27000000,"shareType":"SH","priorValue":372840000,"priorShares":26000000},{"issuer":"GUIDEWIRE SOFTWARE INC","titleOfClass":"COM","cusip":"40171V100","value":468082200,"shares":3804000,"shareType":"SH","priorValue":598240000,"priorShares":4000000},{"issuer":"HCA HEALTHCARE INC","titleOfClass":"COM","cusip":"40412C101","value":428879000,"shares":1100000,"shareType":"SH","priorValue":354930000,"priorShares":750000},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"COM LBTY ONE S C","cusip":"531229755","value":409102000,"shares":4300000,"shareType":"SH","priorValue":365586000,"priorShares":4300000},{"issuer":"NEW YORK TIMES CO MTN BE","titleOfClass":"CL A","cusip":"650111107","value":349900000,"shares":5000000,"shareType":"SH","priorValue":421892612,"priorShares":5038727},{"issuer":"DICKS SPORTING GOODS INC","titleOfClass":"COM","cusip":"253393102","value":340215000,"shares":1500000,"shareType":"SH","priorValue":272648750,"priorShares":1375000},{"issuer":"WARNER MUSIC GROUP CORP","titleOfClass":"COM CL A","cusip":"934550203","value":323302397,"shares":11943199,"shareType":"SH","priorValue":302649000,"priorShares":11850000}],"positionsListed":16,"positions":[{"issuer":"SPACE EXPLORATION TECHN CORP","titleOfClass":"CLASS A COM STK","cusip":"84615Q103","value":17335782797,"shares":101461915,"shareType":"SH"},{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":595850000,"shares":2500000,"shareType":"SH"},{"issuer":"ECHOSTAR CORP","titleOfClass":"CL A","cusip":"278768106","value":507500000,"shares":5000000,"shareType":"SH","priorValue":819490000,"priorShares":7000000},{"issuer":"SOTERA HEALTH CO","titleOfClass":"COM","cusip":"83601L102","value":479250000,"shares":27000000,"shareType":"SH","priorValue":372840000,"priorShares":26000000},{"issuer":"GUIDEWIRE SOFTWARE INC","titleOfClass":"COM","cusip":"40171V100","value":468082200,"shares":3804000,"shareType":"SH","priorValue":598240000,"priorShares":4000000},{"issuer":"HCA HEALTHCARE INC","titleOfClass":"COM","cusip":"40412C101","value":428879000,"shares":1100000,"shareType":"SH","priorValue":354930000,"priorShares":750000},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"COM LBTY ONE S C","cusip":"531229755","value":409102000,"shares":4300000,"shareType":"SH","priorValue":365586000,"priorShares":4300000},{"issuer":"NEW YORK TIMES CO MTN BE","titleOfClass":"CL A","cusip":"650111107","value":349900000,"shares":5000000,"shareType":"SH","priorValue":421892612,"priorShares":5038727},{"issuer":"DICKS SPORTING GOODS INC","titleOfClass":"COM","cusip":"253393102","value":340215000,"shares":1500000,"shareType":"SH","priorValue":272648750,"priorShares":1375000},{"issuer":"WARNER MUSIC GROUP CORP","titleOfClass":"COM CL A","cusip":"934550203","value":323302397,"shares":11943199,"shareType":"SH","priorValue":302649000,"priorShares":11850000},{"issuer":"WINGSTOP INC","titleOfClass":"COM","cusip":"974155103","value":260115000,"shares":1500000,"shareType":"SH","priorValue":193712500,"priorShares":1250000},{"issuer":"EQUIFAX INC","titleOfClass":"COM","cusip":"294429105","value":238080000,"shares":1500000,"shareType":"SH","priorValue":270105000,"priorShares":1500000},{"issuer":"SCHWAB CHARLES CORP","titleOfClass":"COM","cusip":"808513105","value":207607500,"shares":2250000,"shareType":"SH","priorValue":211455000,"priorShares":2250000},{"issuer":"META PLATFORMS INC","titleOfClass":"CL A","cusip":"30303M102","value":168987000,"shares":300000,"shareType":"SH"},{"issuer":"VERTIV HOLDINGS CO","titleOfClass":"COM CL A","cusip":"92537N108","value":81999427,"shares":244906,"shareType":"SH","priorValue":250580000,"priorShares":1000000},{"issuer":"LIBERTY MEDIA CORP DEL","titleOfClass":"COM LBTY ONE S A","cusip":"531229771","value":74409000,"shares":850000,"shareType":"SH","priorValue":66368000,"priorShares":850000}]},"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}