Marc Stad Dragoneer Investment Group
Marc Stad is the founder of Dragoneer Investment Group, a growth-oriented firm active in public and private technology investing. Dragoneer is known for long-term ownership of high-quality growth businesses and for participation in major technology financings. Stad’s public filings are closely watched for large-cap and growth-equity technology exposure.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPCX
SpaceX
SPCX
|
+$1.36B |
| 2 |
Advanced Micro Devices
AMD
|
+$387M |
| 3 |
Amazon
AMZN
|
+$319M |
| 4 |
INIO
INNIO N.V.
INIO
|
+$101M |
| 5 |
CBRS
Cerebras Systems
CBRS
|
+$94.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$650M |
| 2 |
Coupang
CPNG
|
+$526M |
| 3 |
Meta Platforms (Facebook)
META
|
+$408M |
| 4 |
Carvana
CVNA
|
+$394M |
| 5 |
Global E Online
GLBE
|
+$319M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 52.2% |
| 2 | Technology | 29.75% |
| 3 | Consumer Discretionary | 11.94% |
| 4 | Financials | 6.11% |
| 5 | Communication Services | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPCX
1
SpaceX
SPCX
$1.81T
| $1.37B | 48.22% |
+8,000,000
| New | +$1.36B |
|
|
2
Advanced Micro Devices
AMD
$773B
| $548M | 19.35% |
+943,987
| New | +$387M |
|
|
3
Amazon
AMZN
$2.79T
| $303M | 10.69% |
+1,271,500
| New | +$319M |
|
|
INIO
4
INNIO N.V.
INIO
$17.4B
| $113M | 3.98% |
+2,850,000
| New | +$101M |
|
|
KLAR
5
Klarna Group
KLAR
$5.42B
| $98.3M | 3.47% |
4,855,622
-948,142
| -16% | -$14.9M |
|
|
CBRS
6
Cerebras Systems
CBRS
$46.6B
| $88.4M | 3.12% |
+400,000
| New | +$94.1M |
|
|
CHYM
7
Chime Financial
CHYM
$12.4B
| $88.2M | 3.11% |
4,308,999
| – | – |
|
|
TTAN
8
ServiceTitan Inc
TTAN
$9.05B
| $70.8M | 2.5% |
1,000,885
| – | – |
|
9
Nu Holdings
NU
$70.4B
| $66.2M | 2.34% |
4,954,299
| – | – |
|
|
CCC
10
CCC Intelligent Solutions
CCC
$4.39B
| $47.5M | 1.67% |
9,196,301
| – | – |
|
|
11
Global E Online
GLBE
$6.81B
| $35.4M | 1.25% |
1,020,315
-10,095,314
| -91% | -$319M |
|
12
Root
ROOT
$864M
| $8.63M | 0.3% |
154,320
| – | – |
|
|
13
Coupang
CPNG
$29.6B
| – | – |
-27,852,856
| Closed | -$526M |
|
|
14
Carvana
CVNA
$76.9B
| – | – |
-6,264,800
| Closed | -$394M |
|
15
Datadog
DDOG
$84.6B
| – | – |
-271,800
| Closed | -$32.1M |
|
|
16
Meta Platforms (Facebook)
META
$1.4T
| – | – |
-712,800
| Closed | -$408M |
|
|
17
NVIDIA
NVDA
$5.2T
| – | – |
-3,728,387
| Closed | -$650M |
|
18
Oscar Health
OSCR
$9.89B
| – | – |
-365,573
| Closed | -$4.19M |
|
|
GTM
19
ZoomInfo Technologies
GTM
$1.16B
| – | – |
-670,000
| Closed | -$4.01M |
|
|
XYZ
20
Block Inc
XYZ
$49.4B
| – | – |
-2,918,392
| Closed | -$176M |
|
|
SAIL
21
SailPoint Inc
SAIL
$10.6B
| – | – |
-8,000,000
| Closed | -$106M |
|
|
WLTH
22
Wealthfront Corp
WLTH
$1.38B
| – | – |
-654,338
| Closed | -$6.05M |
|
Similar funds
Marc Stad's Q2 2026 Portfolio in Review
As of Q2 2026, Marc Stad held 22 positions worth $2.83B, down 5.6% from $3B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Marc Stad withdrew a net $379M in Q2 2026, closing 10 positions and reducing 2 holdings. Its most notable exit was NVIDIA, an estimated $650M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 52% of assets, followed by Technology and Consumer Discretionary.
Against the trend, Marc Stad opened a new position in SpaceX worth $1.37B.
- Marc Stad's largest Q2 2026 buy was SpaceX: 8,000,000 shares worth $1.37B.
- Marc Stad's biggest Q2 2026 reduction was Global E Online, cutting an estimated $319M.
- Marc Stad fully exited NVIDIA in Q2 2026, selling an estimated $650M.
- Marc Stad's ten largest holdings make up 98% of its $2.83B portfolio in Q2 2026.
- Marc Stad opened 5 new positions and closed 10 in Q2 2026.
- Marc Stad's portfolio value fell 5.6% quarter-over-quarter to $2.83B.
Based on Dragoneer Investment Group's 13F filing for Q2 2026, filed 14 Aug 2026.