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 |
DoorDash
DASH
|
+$697M |
| 2 |
Airbnb
ABNB
|
+$476M |
| 3 |
Root
ROOT
|
+$170M |
| 4 |
SMAR
Smartsheet Inc.
SMAR
|
+$120M |
| 5 |
MSP
Datto Holding Corp.
MSP
|
+$105M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Uber
UBER
|
+$176M |
| 2 |
ServiceNow
NOW
|
+$69M |
| 3 |
GSKY
GreenSky, Inc. Class A Common Stock
GSKY
|
+$63.2M |
| 4 |
DAY
Dayforce
DAY
|
+$59.8M |
| 5 |
Tencent Music
TME
|
+$5.44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 64.43% |
| 2 | Consumer Discretionary | 26.66% |
| 3 | Communication Services | 3.25% |
| 4 | Financials | 2.2% |
| 5 | Real Estate | 1.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGCUU
26
DELISTED
Altimeter Growth Corp Unit
AGCUU
| $33.1M | 0.5% |
+2,550,000
| New | +$31.7M |
|
|
DAY
27
DELISTED
Dayforce
DAY
| $28.4M | 0.43% |
266,475
-633,333
| -70% | -$59.8M |
|
|
LOGC
28
DELISTED
ContextLogic
LOGC
| $24.1M | 0.36% |
+44,058
| New | +$27.2M |
|
|
OSH
29
DELISTED
Oak Street Health, Inc.
OSH
| $21.4M | 0.32% |
350,019
| – | – |
|
30
nCino
NCNO
$2.26B
| $19.9M | 0.3% |
275,000
| – | – |
|
31
Peloton Interactive
PTON
$2.37B
| $5.42M | 0.08% |
35,716
+9,916
| +38% | +$1.21M |
|
32
JFrog
FROG
$11.4B
| $4.4M | 0.07% |
70,000
| – | – |
|
|
33
Tencent Music
TME
$14.4B
| $2.83M | 0.04% |
147,194
-334,570
| -69% | -$5.44M |
|
|
STG
34
Sunlands Technology
STG
$40.8M
| $2.65M | 0.04% |
194,358
-20,618
| -10% | -$369K |
|
35
CrowdStrike
CRWD
$195B
| $2.12M | 0.03% |
40,000
| – | – |
|
36
Pinterest
PINS
$13.3B
| $1.65M | 0.02% |
25,000
-25,000
| -50% | -$1.5M |
|
37
BILL Holdings
BILL
$4.76B
| $1.61M | 0.02% |
11,800
| – | – |
|
38
Lemonade
LMND
$4.13B
| $1.23M | 0.02% |
10,000
| – | – |
|
39
XP
XP
$8.53B
| $395K | 0.01% |
9,948
| – | – |
|
|
DGNR.U
40
DELISTED
Dragoneer Growth Opportunities Corp. Units, each consisting of one Class A ordinary share, and one-f
DGNR.U
| $140K | ﹤0.01% |
10,000
| – | – |
|
|
41
ServiceNow
NOW
$133B
| – | – |
-711,025
| Closed | -$69M |
|
|
GSKY
42
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| – | – |
-14,238,605
| Closed | -$63.2M |
|
Similar funds
Marc Stad's Q4 2020 Portfolio in Review
As of Q4 2020, Marc Stad held 42 positions worth $6.68B, up 50% from $4.45B the previous quarter. Its ten largest holdings account for 72% of the portfolio.
Marc Stad deployed $1.64B of net new capital in Q4 2020, opening 9 new positions and adding to 5 existing holdings. Its largest new stake was DoorDash: 4,365,720 shares worth $623M.
By sector, the portfolio is most concentrated in Technology at 64% of assets, down from 82% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Uber, an estimated $176M trimmed.
- Marc Stad's largest Q4 2020 buy was DoorDash: 4,365,720 shares worth $623M.
- Marc Stad added most to Jamf in Q4 2020, an estimated $86.9M increase.
- Marc Stad's biggest Q4 2020 reduction was Uber, cutting an estimated $176M.
- Marc Stad fully exited ServiceNow in Q4 2020, selling an estimated $69M.
- Marc Stad's ten largest holdings make up 72% of its $6.68B portfolio in Q4 2020.
- Marc Stad opened 9 new positions and closed 2 in Q4 2020.
- Marc Stad's portfolio value rose 50% quarter-over-quarter to $6.68B.
Based on Dragoneer Investment Group's 13F filing for Q4 2020, filed 16 Feb 2021.