David Goel Matrix Capital Management Company
David Goel is a co-founder of Matrix Capital Management, a technology-oriented investment firm with public and private market activities. Matrix is known for concentrated positions in software, semiconductor, and internet-related businesses. Goel’s filings are monitored for high-conviction technology themes.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
P
Pandora Media Inc
P
|
+$223M |
| 2 |
DATA
Tableau Software, Inc.
DATA
|
+$139M |
| 3 |
Workday
WDAY
|
+$76.1M |
| 4 |
LNKD
LinkedIn Corporation
LNKD
|
+$43.8M |
| 5 |
NEWR
New Relic, Inc.
NEWR
|
+$38.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TripAdvisor
TRIP
|
+$122M |
| 2 |
Akamai
AKAM
|
+$71.5M |
| 3 |
LKQ Corp
LKQ
|
+$53.9M |
| 4 |
LGF
Lions Gate Entertainment
LGF
|
+$31M |
| 5 |
Chipotle Mexican Grill
CMG
|
+$28.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.59% |
| 2 | Communication Services | 36.81% |
| 3 | Industrials | 6.63% |
| 4 | Real Estate | 4.99% |
| 5 | Consumer Staples | 4.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Netflix
NFLX
$331B
| $409M | 19.95% |
40,054,000
| – | – |
|
|
2
Workday
WDAY
$49.4B
| $393M | 19.13% |
5,110,400
+1,150,000
| +29% | +$76.1M |
|
|
DATA
3
DELISTED
Tableau Software, Inc.
DATA
| $248M | 12.07% |
5,400,000
+2,400,000
| +80% | +$139M |
|
|
P
4
DELISTED
Pandora Media Inc
P
| $204M | 9.92% |
+22,746,794
| New | +$223M |
|
5
TransDigm Group
TDG
$66.4B
| $136M | 6.63% |
617,783
| – | – |
|
|
NEWR
6
DELISTED
New Relic, Inc.
NEWR
| $121M | 5.91% |
4,648,100
+1,400,000
| +43% | +$38.7M |
|
7
American Tower
AMT
$81.9B
| $102M | 4.99% |
1,000,000
| – | – |
|
8
Constellation Brands
STZ
$23.2B
| $95.9M | 4.67% |
635,000
| – | – |
|
|
LNKD
9
DELISTED
LinkedIn Corporation
LNKD
| $81.5M | 3.97% |
712,500
+298,500
| +72% | +$43.8M |
|
|
10
LKQ Corp
LKQ
$6.52B
| $67.9M | 3.31% |
2,125,000
-1,932,000
| -48% | -$53.9M |
|
11
DaVita
DVA
$11.1B
| $61.6M | 3% |
840,000
+70,000
| +9% | +$4.73M |
|
|
LGF
12
DELISTED
Lions Gate Entertainment
LGF
| $60.9M | 2.97% |
2,786,400
-1,300,000
| -32% | -$31M |
|
13
Knowles
KN
$2.85B
| $46.5M | 2.27% |
3,530,000
+1,585,000
| +81% | +$19.5M |
|
|
14
Akamai
AKAM
$15.9B
| $25M | 1.22% |
449,800
-1,406,400
| -76% | -$71.5M |
|
|
15
Chipotle Mexican Grill
CMG
$46.7B
| – | – |
-3,000,000
| Closed | -$28.8M |
|
|
16
TripAdvisor
TRIP
$1.17B
| – | – |
-1,434,897
| Closed | -$122M |
|
|
EVHC
17
DELISTED
Envision Healthcare Holdings Inc
EVHC
| – | – |
-334,000
| Closed | -$26M |
|
|
TWX
18
DELISTED
Time Warner Inc
TWX
| – | – |
-300,000
| Closed | -$19.4M |
|
Similar funds
David Goel's Q1 2016 Portfolio in Review
As of Q1 2016, David Goel held 18 positions worth $2.05B, down 7.7% from $2.22B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
David Goel deployed $193M of net new capital in Q1 2016, opening 1 new position and adding to 6 existing holdings. Its largest new stake was Pandora Media Inc: 22,746,794 shares worth $204M.
By sector, the portfolio is most concentrated in Technology at 41% of assets, up from 38% a quarter earlier, followed by Communication Services and Industrials.
On the sell side, the largest reduction was Akamai, an estimated $71.5M trimmed.
- David Goel's largest Q1 2016 buy was Pandora Media Inc: 22,746,794 shares worth $204M.
- David Goel added most to Tableau Software, Inc. in Q1 2016, an estimated $139M increase.
- David Goel's biggest Q1 2016 reduction was Akamai, cutting an estimated $71.5M.
- David Goel fully exited TripAdvisor in Q1 2016, selling an estimated $122M.
- David Goel's ten largest holdings make up 91% of its $2.05B portfolio in Q1 2016.
- David Goel opened 1 new position and closed 4 in Q1 2016.
- David Goel's portfolio value fell 7.7% quarter-over-quarter to $2.05B.
Based on Matrix Capital Management Company's 13F filing for Q1 2016, filed 16 May 2016.