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 |
Twilio
TWLO
|
+$187M |
| 2 |
Intel
INTC
|
+$180M |
| 3 |
Veracyte
VCYT
|
+$171M |
| 4 |
CareDx
CDNA
|
+$112M |
| 5 |
Varonis Systems
VRNS
|
+$74M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$379M |
| 2 |
DOCU
DocuSign
DOCU
|
+$299M |
| 3 |
Unity
U
|
+$76.7M |
| 4 |
Guidewire Software
GWRE
|
+$51.5M |
| 5 |
SPLK
Splunk Inc
SPLK
|
+$51M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 49.4% |
| 2 | Communication Services | 21% |
| 3 | Healthcare | 14.41% |
| 4 | Industrials | 13.17% |
| 5 | Consumer Discretionary | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Netflix
NFLX
$331B
| $1.04B | 12.05% |
20,000,000
| – | – |
|
2
Walt Disney
DIS
$186B
| $775M | 8.95% |
4,200,000
| – | – |
|
3
TransDigm Group
TDG
$66.4B
| $644M | 7.43% |
1,094,900
| – | – |
|
4
Salesforce
CRM
$171B
| $556M | 6.42% |
2,622,309
| – | – |
|
5
CrowdStrike
CRWD
$195B
| $548M | 6.32% |
12,000,000
| – | – |
|
6
Global Payments
GPN
$24.7B
| $496M | 5.73% |
2,462,588
| – | – |
|
7
Adaptive Biotechnologies
ADPT
$4.15B
| $496M | 5.72% |
12,309,090
-806,000
| -6% | -$43.6M |
|
8
Qualcomm
QCOM
$169B
| $443M | 5.11% |
3,337,360
| – | – |
|
9
Applied Materials
AMAT
$391B
| $403M | 4.65% |
3,013,000
| – | – |
|
|
ALTR
10
DELISTED
Altair Engineering Inc
ALTR
| $323M | 3.72% |
5,155,025
| – | – |
|
|
11
Micron Technology
MU
$1.09T
| $310M | 3.58% |
3,516,380
-4,468,620
| -56% | -$379M |
|
|
NEWR
12
DELISTED
New Relic, Inc.
NEWR
| $307M | 3.55% |
5,000,000
| – | – |
|
13
Workday
WDAY
$49.4B
| $262M | 3.03% |
1,056,043
| – | – |
|
|
XLNX
14
DELISTED
Xilinx Inc
XLNX
| $260M | 3% |
2,100,000
| – | – |
|
|
CMRC
15
Commerce.com Inc Series 1
CMRC
$184M
| $225M | 2.6% |
3,900,000
+496,292
| +15% | +$33M |
|
|
ADAP
16
DELISTED
Adaptimmune Therapeutics
ADAP
| $207M | 2.39% |
38,974,185
| – | – |
|
|
17
Intel
INTC
$476B
| $193M | 2.23% |
+3,022,000
| New | +$180M |
|
|
18
Twilio
TWLO
$34.6B
| $170M | 1.97% |
+500,000
| New | +$187M |
|
19
Zentalis Pharmaceuticals
ZNTL
$363M
| $166M | 1.91% |
3,821,739
| – | – |
|
|
20
Veracyte
VCYT
$3.4B
| $160M | 1.85% |
+2,977,027
| New | +$171M |
|
21
Amazon
AMZN
$2.79T
| $159M | 1.84% |
1,030,000
| – | – |
|
22
Dynatrace
DT
$14.2B
| $121M | 1.39% |
2,500,000
| – | – |
|
|
23
CareDx
CDNA
$2.51B
| $98M | 1.13% |
+1,439,000
| New | +$112M |
|
24
Lam Research
LRCX
$393B
| $89.3M | 1.03% |
1,500,000
| – | – |
|
25
Castle Biosciences
CSTL
$1.04B
| $68.5M | 0.79% |
1,000,000
| – | – |
|
Similar funds
David Goel's Q1 2021 Portfolio in Review
As of Q1 2021, David Goel held 36 positions worth $8.66B, down 6.3% from $9.25B the previous quarter. Its ten largest holdings account for 66% of the portfolio.
David Goel's Q1 2021 filing shows 7 new, 1 increased, 3 reduced and 6 closed positions. Its largest new stake was Twilio: 500,000 shares worth $170M. The largest sale was Micron Technology, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 49% of assets, down from 51% a quarter earlier, followed by Communication Services and Healthcare.
- David Goel's largest Q1 2021 buy was Twilio: 500,000 shares worth $170M.
- David Goel added most to Commerce.com Inc Series 1 in Q1 2021, an estimated $33M increase.
- David Goel's biggest Q1 2021 reduction was Micron Technology, cutting an estimated $379M.
- David Goel fully exited DocuSign in Q1 2021, selling an estimated $299M.
- David Goel's ten largest holdings make up 66% of its $8.66B portfolio in Q1 2021.
- David Goel opened 7 new positions and closed 6 in Q1 2021.
- David Goel's portfolio value fell 6.3% quarter-over-quarter to $8.66B.
Based on Matrix Capital Management Company's 13F filing for Q1 2021, filed 17 May 2021.