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 |
ALTR
Altair Engineering Inc
ALTR
|
+$57M |
| 2 |
Workday
WDAY
|
+$41.5M |
| 3 |
XLNX
Xilinx Inc
XLNX
|
+$18.8M |
| 4 |
Qualcomm
QCOM
|
+$16.7M |
| 5 |
Micron Technology
MU
|
+$4.78M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DaVita
DVA
|
+$23.5M |
| 2 |
TRIL
Trillium Therapeutics Inc.
TRIL
|
+$704K |
| 3 |
Upland Software
UPLD
|
+$349K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 44.52% |
| 2 | Communication Services | 20.74% |
| 3 | Healthcare | 19.24% |
| 4 | Consumer Discretionary | 8.13% |
| 5 | Industrials | 7.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Salesforce
CRM
$171B
| $816M | 17.38% |
5,018,975
| – | – |
|
2
Netflix
NFLX
$331B
| $647M | 13.78% |
20,000,000
| – | – |
|
3
Adaptive Biotechnologies
ADPT
$4.15B
| $519M | 11.04% |
17,332,191
| – | – |
|
4
TransDigm Group
TDG
$66.4B
| $346M | 7.36% |
617,783
| – | – |
|
|
5
Micron Technology
MU
$1.09T
| $340M | 7.24% |
6,320,128
+100,000
| +2% | +$4.78M |
|
6
Applied Materials
AMAT
$391B
| $259M | 5.52% |
4,250,000
| – | – |
|
7
Meta Platforms (Facebook)
META
$1.4T
| $215M | 4.58% |
1,048,400
| – | – |
|
|
8
Qualcomm
QCOM
$169B
| $212M | 4.51% |
2,400,000
+200,000
| +9% | +$16.7M |
|
9
Amazon
AMZN
$2.79T
| $192M | 4.09% |
2,082,000
| – | – |
|
10
CarGurus
CARG
$3.28B
| $190M | 4.04% |
5,391,048
| – | – |
|
|
SGEN
11
DELISTED
Seagen Inc. Common Stock
SGEN
| $183M | 3.89% |
1,598,352
| – | – |
|
12
Incyte
INCY
$25.9B
| $169M | 3.6% |
1,934,347
| – | – |
|
|
13
Workday
WDAY
$49.4B
| $140M | 2.98% |
850,000
+250,000
| +42% | +$41.5M |
|
|
DOCU
14
DocuSign
DOCU
$11.8B
| $129M | 2.75% |
1,741,166
| – | – |
|
15
Zillow
Z
$8.07B
| $112M | 2.39% |
2,440,000
| – | – |
|
|
ALTR
16
DELISTED
Altair Engineering Inc
ALTR
| $85.9M | 1.83% |
2,392,725
+1,688,100
| +240% | +$57M |
|
|
XLNX
17
DELISTED
Xilinx Inc
XLNX
| $48.9M | 1.04% |
500,000
+200,000
| +67% | +$18.8M |
|
18
PTC
PTC
$16.8B
| $43.6M | 0.93% |
582,600
| – | – |
|
|
ADAP
19
DELISTED
Adaptimmune Therapeutics
ADAP
| $33.6M | 0.72% |
28,000,000
| – | – |
|
|
NEWR
20
DELISTED
New Relic, Inc.
NEWR
| $7.26M | 0.15% |
110,514
| – | – |
|
|
XYZ
21
Block Inc
XYZ
$49.4B
| $5.99M | 0.13% |
95,700
| – | – |
|
22
BILL Holdings
BILL
$4.76B
| $3.81M | 0.08% |
+100,000
| New | +$3.8M |
|
|
23
DaVita
DVA
$11.1B
| – | – |
-412,000
| Closed | -$23.5M |
|
|
24
Upland Software
UPLD
$14.4M
| – | – |
-1,000
| Closed | -$349K |
|
|
TRIL
25
DELISTED
Trillium Therapeutics Inc.
TRIL
| – | – |
-2,288,560
| Closed | -$704K |
|
Similar funds
David Goel's Q4 2019 Portfolio in Review
As of Q4 2019, David Goel held 25 positions worth $4.7B, up 16% from $4.05B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
David Goel's Q4 2019 filing shows 1 new, 5 increased and 3 closed positions. Its largest new stake was BILL Holdings: 100,000 shares worth $3.81M. The largest sale was DaVita, an estimated $23.5M.
By sector, the portfolio is most concentrated in Technology at 45% of assets, up from 42% a quarter earlier, followed by Communication Services and Healthcare.
- David Goel's largest Q4 2019 buy was BILL Holdings: 100,000 shares worth $3.81M.
- David Goel added most to Altair Engineering Inc in Q4 2019, an estimated $57M increase.
- David Goel fully exited DaVita in Q4 2019, selling an estimated $23.5M.
- David Goel's ten largest holdings make up 80% of its $4.7B portfolio in Q4 2019.
- David Goel opened 1 new position and closed 3 in Q4 2019.
- David Goel's portfolio value rose 16% quarter-over-quarter to $4.7B.
Based on Matrix Capital Management Company's 13F filing for Q4 2019, filed 14 Feb 2020.