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 |
TripAdvisor
TRIP
|
+$88.2M |
| 2 |
Salesforce
CRM
|
+$87.1M |
| 3 |
CyberArk
CYBR
|
+$75.5M |
| 4 |
Incyte
INCY
|
+$50.5M |
| 5 |
ADAP
Adaptimmune Therapeutics
ADAP
|
+$45.4M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 29.65% |
| 2 | Communication Services | 26.4% |
| 3 | Technology | 23.45% |
| 4 | Consumer Discretionary | 8.92% |
| 5 | Industrials | 6.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Netflix
NFLX
$260B
| $569M | 19.34% |
38,100,000
| – | – |
2013 Q2
16 quarters
|
|
2
Exelixis
EXEL
$16.9B
| $372M | 12.65% |
15,117,460
+1,225,000
| +9% | +$25.9M |
2016 Q4
2 quarters
|
|
3
Workday
WDAY
$47.7B
| $253M | 8.6% |
2,609,322
| – | – |
2013 Q2
16 quarters
|
|
|
4
Incyte
INCY
$24.5B
| $226M | 7.68% |
1,796,716
+396,716
| +28% | +$50.5M |
2016 Q2
4 quarters
|
|
5
DELISTED
Pandora Media Inc
P
| $208M | 7.06% |
23,310,216
| – | – |
2016 Q1
5 quarters
|
|
6
TransDigm Group
TDG
$63.4B
| $193M | 6.56% |
717,783
+100,000
| +16% | +$25.4M |
2013 Q2
16 quarters
|
|
7
Constellation Brands
STZ
$22.9B
| $148M | 5.02% |
762,200
| – | – |
2013 Q4
14 quarters
|
|
|
8
TripAdvisor
TRIP
$1.08B
| $135M | 4.58% |
3,532,600
+2,132,600
| +152% | +$88.2M |
2017 Q1
1 quarter
|
|
|
NEWR
9
DELISTED
New Relic, Inc.
NEWR
| $134M | 4.57% |
3,125,281
| – | – |
2014 Q4
10 quarters
|
|
10
DaVita
DVA
$11.8B
| $126M | 4.27% |
1,940,000
| – | – |
2013 Q2
16 quarters
|
|
|
DATA
11
DELISTED
Tableau Software, Inc.
DATA
| $123M | 4.18% |
2,007,000
| – | – |
2017 Q1
1 quarter
|
|
|
SGEN
12
DELISTED
Seagen Inc. Common Stock
SGEN
| $110M | 3.72% |
2,118,000
+335,000
| +19% | +$21.3M |
2016 Q4
2 quarters
|
|
13
Under Armour Class C
UA
$2.18B
| $101M | 3.42% |
5,000,000
| – | – |
2017 Q1
1 quarter
|
|
|
14
Salesforce
CRM
$186B
| $86.6M | 2.94% |
+1,000,000
| New | +$87.1M |
2017 Q2
0 quarters
|
|
|
15
DELISTED
CyberArk
CYBR
| $74.6M | 2.54% |
+1,494,500
| New | +$75.5M |
2017 Q2
0 quarters
|
|
|
ADAP
16
DELISTED
Adaptimmune Therapeutics
ADAP
| $39M | 1.33% |
+8,692,083
| New | +$45.4M |
2017 Q2
0 quarters
|
|
17
O'Reilly Automotive
ORLY
$73B
| $26.9M | 0.91% |
+1,845,000
| New | +$30.1M |
2017 Q2
0 quarters
|
|
|
ATVI
18
DELISTED
Activision Blizzard
ATVI
| $18.7M | 0.64% |
+325,000
| New | +$17.9M |
2017 Q2
0 quarters
|
|
Similar funds
David Goel's Q2 2017 Portfolio in Review
As of Q2 2017, David Goel held 18 positions worth $2.94B, up 22% from $2.41B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
David Goel deployed $467M of net new capital in Q2 2017, opening 5 new positions and adding to 5 existing holdings. Its largest new stake was Salesforce: 1,000,000 shares worth $86.6M.
By sector, the portfolio is most concentrated in Healthcare at 30% of assets, down from 30% a quarter earlier, followed by Communication Services and Technology.
- David Goel's largest Q2 2017 buy was Salesforce: 1,000,000 shares worth $86.6M.
- David Goel added most to TripAdvisor in Q2 2017, an estimated $88.2M increase.
- David Goel's ten largest holdings make up 80% of its $2.94B portfolio in Q2 2017.
- David Goel opened 5 new positions and closed 0 in Q2 2017.
- David Goel's portfolio value rose 22% quarter-over-quarter to $2.94B.
Based on Matrix Capital Management Company's 13F filing for Q2 2017, filed 14 Aug 2017.