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 |
Nu Holdings
NU
|
+$1.52B |
| 2 |
Rivian
RIVN
|
+$600M |
| 3 |
CWAN
Clearwater Analytics
CWAN
|
+$200M |
| 4 |
ENFN
Enfusion, Inc.
ENFN
|
+$130M |
| 5 |
CS Disco
LAW
|
+$112M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snowflake
SNOW
|
+$305M |
| 2 |
Robinhood
HOOD
|
+$125M |
| 3 |
GTM
ZoomInfo Technologies
GTM
|
+$113M |
| 4 |
FuboTV Inc
FUBO
|
+$103M |
| 5 |
Alibaba
BABA
|
+$89.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 56.06% |
| 2 | Consumer Discretionary | 18.71% |
| 3 | Financials | 18.26% |
| 4 | Communication Services | 5.48% |
| 5 | Healthcare | 1.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MSP
26
DELISTED
Datto Holding Corp.
MSP
| $97.7M | 1.12% |
3,706,333
| – | – |
|
27
nCino
NCNO
$2.26B
| $87.8M | 1.01% |
1,599,650
+1,324,650
| +482% | +$86M |
|
28
Global E Online
GLBE
$6.81B
| $78.3M | 0.9% |
1,234,852
| – | – |
|
29
Bumble
BMBL
$370M
| $67.7M | 0.78% |
2,000,000
| – | – |
|
|
ESMT
30
DELISTED
EngageSmart, Inc.
ESMT
| $66.9M | 0.77% |
2,773,598
+673,598
| +32% | +$18.6M |
|
|
31
Robinhood
HOOD
$97.2B
| $65.4M | 0.75% |
3,684,577
-4,058,881
| -52% | -$125M |
|
32
GoodRx Holdings
GDRX
$1.18B
| $42.5M | 0.49% |
1,300,000
| – | – |
|
|
HAAC
33
DELISTED
Health Assurance Acquisition Corp. Class A Common Stock
HAAC
| $39.1M | 0.45% |
4,000,000
| – | – |
|
|
SQSP
34
DELISTED
Squarespace, Inc.
SQSP
| $37.9M | 0.43% |
1,284,622
| – | – |
|
35
Playtika
PLTK
$904M
| $35.7M | 0.41% |
2,062,500
-2,062,500
| -50% | -$46.1M |
|
36
UiPath
PATH
$8.49B
| $32.3M | 0.37% |
748,971
| – | – |
|
|
ARCE
37
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $28.4M | 0.33% |
+1,361,179
| New | +$26.4M |
|
38
Sana Biotechnology
SANA
$1.17B
| $23.2M | 0.27% |
1,500,000
| – | – |
|
39
GitLab
GTLB
$7.04B
| $21.8M | 0.25% |
+250,000
| New | +$25.6M |
|
40
Grab
GRAB
$14.2B
| $21.5M | 0.25% |
+3,010,000
| New | +$23M |
|
41
Oscar Health
OSCR
$9.89B
| $20M | 0.23% |
2,543,841
| – | – |
|
42
Braze
BRZE
$3.5B
| $19.3M | 0.22% |
+250,000
| New | +$18.1M |
|
|
NXDR
43
Nextdoor Holdings
NXDR
$925M
| $15.8M | 0.18% |
+2,000,000
| New | +$20.6M |
|
|
OLO
44
DELISTED
Olo Inc
OLO
| $15.6M | 0.18% |
750,000
| – | – |
|
45
Duolingo
DUOL
$6.84B
| $13.3M | 0.15% |
125,000
| – | – |
|
46
On Holding
ONON
$10B
| $11.3M | 0.13% |
+300,000
| New | +$11M |
|
|
HCP
47
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $10.9M | 0.13% |
+120,000
| New | +$10.4M |
|
48
Hippo Holdings
HIPO
$874M
| $9.42M | 0.11% |
133,169
| – | – |
|
49
Root
ROOT
$864M
| $8.61M | 0.1% |
154,321
-360,082
| -70% | -$28.2M |
|
50
Rigetti Computing
RGTI
$5.98B
| $7.2M | 0.08% |
+700,000
| New | +$7.31M |
|
Similar funds
Marc Stad's Q4 2021 Portfolio in Review
As of Q4 2021, Marc Stad held 89 positions worth $8.71B, up 15% from $7.59B the previous quarter. Its ten largest holdings account for 63% of the portfolio.
Marc Stad deployed $1.91B of net new capital in Q4 2021, opening 17 new positions and adding to 6 existing holdings. Its largest new stake was Nu Holdings: 155,035,176 shares worth $1.45B.
By sector, the portfolio is most concentrated in Technology at 56% of assets, down from 64% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Snowflake, an estimated $305M trimmed.
- Marc Stad's largest Q4 2021 buy was Nu Holdings: 155,035,176 shares worth $1.45B.
- Marc Stad added most to Clearwater Analytics in Q4 2021, an estimated $200M increase.
- Marc Stad's biggest Q4 2021 reduction was Snowflake, cutting an estimated $305M.
- Marc Stad fully exited FuboTV Inc in Q4 2021, selling an estimated $103M.
- Marc Stad's ten largest holdings make up 63% of its $8.71B portfolio in Q4 2021.
- Marc Stad opened 17 new positions and closed 25 in Q4 2021.
- Marc Stad's portfolio value rose 15% quarter-over-quarter to $8.71B.
Based on Dragoneer Investment Group's 13F filing for Q4 2021, filed 15 Feb 2022.