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 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$205M |
| 2 |
DoorDash
DASH
|
+$195M |
| 3 |
nCino
NCNO
|
+$137M |
| 4 |
Snowflake
SNOW
|
+$131M |
| 5 |
XYZ
Block Inc
XYZ
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Twilio
TWLO
|
+$205M |
| 2 |
Meta Platforms (Facebook)
META
|
+$114M |
| 3 |
Procore
PCOR
|
+$113M |
| 4 |
Robinhood
HOOD
|
+$49M |
| 5 |
Playtika
PLTK
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 57.5% |
| 2 | Consumer Discretionary | 20.09% |
| 3 | Financials | 15.92% |
| 4 | Communication Services | 3.5% |
| 5 | Industrials | 2.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Grab Holdings Warrant
GRABW
$819K
| $39K | ﹤0.01% |
51,000
-51,000
| -50% | -$65.7K |
|
|
PFTAW
52
DELISTED
Perception Capital Corp. III Warrant
PFTAW
| $28K | ﹤0.01% |
60,666
| – | – |
|
53
Alkami Technology
ALKT
$2.18B
| – | – |
-200,000
| Closed | -$4.01M |
|
54
Definitive Healthcare
DH
$76.2M
| – | – |
-250,000
| Closed | -$6.83M |
|
55
Duolingo
DUOL
$6.84B
| – | – |
-125,000
| Closed | -$13.3M |
|
56
Freshworks
FRSH
$3.39B
| – | – |
-100,000
| Closed | -$2.63M |
|
57
Hippo Holdings
HIPO
$874M
| – | – |
-133,169
| Closed | -$9.42M |
|
|
58
Meta Platforms (Facebook)
META
$1.4T
| – | – |
-339,374
| Closed | -$114M |
|
|
OLO
59
DELISTED
Olo Inc
OLO
| – | – |
-750,000
| Closed | -$15.6M |
|
60
On Holding
ONON
$10B
| – | – |
-300,000
| Closed | -$11.3M |
|
|
61
Playtika
PLTK
$904M
| – | – |
-2,062,500
| Closed | -$35.7M |
|
62
Rigetti Computing
RGTI
$5.98B
| – | – |
-700,000
| Closed | -$7.2M |
|
|
63
Rigetti Computing Warrants
RGTIW
$178M
| – | – |
-175,000
| Closed | -$415K |
|
64
Sana Biotechnology
SANA
$1.17B
| – | – |
-1,500,000
| Closed | -$23.2M |
|
|
65
Twilio
TWLO
$34.6B
| – | – |
-777,393
| Closed | -$205M |
|
|
UDMY
66
DELISTED
Udemy
UDMY
| – | – |
-200,000
| Closed | -$3.91M |
|
67
VTEX
VTEX
$603M
| – | – |
-350,000
| Closed | -$3.75M |
|
|
DOMA
68
DELISTED
Doma Holdings, Inc.
DOMA
| – | – |
-20,000
| Closed | -$2.54M |
|
Similar funds
Marc Stad's Q1 2022 Portfolio in Review
As of Q1 2022, Marc Stad held 68 positions worth $7.84B, down 10% from $8.71B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Marc Stad deployed $710M of net new capital in Q1 2022, opening 4 new positions and adding to 16 existing holdings. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 10,612,468 shares worth $160M.
By sector, the portfolio is most concentrated in Technology at 58% of assets, up from 56% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Procore, an estimated $113M trimmed.
- Marc Stad's largest Q1 2022 buy was Farfetch Limited Class A Ordinary Shares: 10,612,468 shares worth $160M.
- Marc Stad added most to DoorDash in Q1 2022, an estimated $195M increase.
- Marc Stad's biggest Q1 2022 reduction was Procore, cutting an estimated $113M.
- Marc Stad fully exited Twilio in Q1 2022, selling an estimated $205M.
- Marc Stad's ten largest holdings make up 64% of its $7.84B portfolio in Q1 2022.
- Marc Stad opened 4 new positions and closed 16 in Q1 2022.
- Marc Stad's portfolio value fell 10% quarter-over-quarter to $7.84B.
Based on Dragoneer Investment Group's 13F filing for Q1 2022, filed 16 May 2022.