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 |
Snowflake
SNOW
|
+$925M |
| 2 |
DCT
Duck Creek Technologies, Inc. Common Stock
DCT
|
+$179M |
| 3 |
JAMF
Jamf
JAMF
|
+$105M |
| 4 |
Unity
U
|
+$84.3M |
| 5 |
GoodRx Holdings
GDRX
|
+$68.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LVGO
Livongo Health, Inc. Common Stock
LVGO
|
+$178M |
| 2 |
Twilio
TWLO
|
+$102M |
| 3 |
ServiceNow
NOW
|
+$72.5M |
| 4 |
Uber
UBER
|
+$67M |
| 5 |
WUBA
58.com Inc
WUBA
|
+$61.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 82.18% |
| 2 | Consumer Discretionary | 10.31% |
| 3 | Communication Services | 2.2% |
| 4 | Healthcare | 2.04% |
| 5 | Real Estate | 1.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STG
26
Sunlands Technology
STG
$40.8M
| $4.54M | 0.1% |
214,976
-23,174
| -10% | -$498K |
|
27
Peloton Interactive
PTON
$2.37B
| $2.56M | 0.06% |
+25,800
| New | +$1.9M |
|
28
Pinterest
PINS
$13.3B
| $2.08M | 0.05% |
50,000
| – | – |
|
29
CrowdStrike
CRWD
$195B
| $1.37M | 0.03% |
40,000
| – | – |
|
30
BILL Holdings
BILL
$4.76B
| $1.18M | 0.03% |
11,800
| – | – |
|
31
Lemonade
LMND
$4.13B
| $497K | 0.01% |
+10,000
| New | +$628K |
|
32
XP
XP
$8.53B
| $415K | 0.01% |
9,948
| – | – |
|
|
DGNR.U
33
DELISTED
Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f
DGNR.U
| $123K | ﹤0.01% |
+10,000
| New | +$119K |
|
|
ARCE
34
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| – | – |
-209,776
| Closed | -$9.12M |
|
|
LVGO
35
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| – | – |
-2,370,281
| Closed | -$178M |
|
|
WUBA
36
DELISTED
58.com Inc
WUBA
| – | – |
-1,136,873
| Closed | -$61.3M |
|
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Marc Stad's Q3 2020 Portfolio in Review
As of Q3 2020, Marc Stad held 36 positions worth $4.45B, up 47% from $3.02B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Marc Stad deployed $967M of net new capital in Q3 2020, opening 13 new positions and adding to 3 existing holdings. Its largest new stake was Snowflake: 3,883,970 shares worth $975M.
By sector, the portfolio is most concentrated in Technology at 82% of assets, up from 73% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Twilio, an estimated $102M trimmed.
- Marc Stad's largest Q3 2020 buy was Snowflake: 3,883,970 shares worth $975M.
- Marc Stad added most to Dynatrace in Q3 2020, an estimated $28.8M increase.
- Marc Stad's biggest Q3 2020 reduction was Twilio, cutting an estimated $102M.
- Marc Stad fully exited Livongo Health, Inc. Common Stock in Q3 2020, selling an estimated $178M.
- Marc Stad's ten largest holdings make up 79% of its $4.45B portfolio in Q3 2020.
- Marc Stad opened 13 new positions and closed 3 in Q3 2020.
- Marc Stad's portfolio value rose 47% quarter-over-quarter to $4.45B.
Based on Dragoneer Investment Group's 13F filing for Q3 2020, filed 16 Nov 2020.