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 |
JD.com
JD
|
+$49.7M |
| 2 |
WUBA
58.com Inc
WUBA
|
+$11.6M |
| 3 |
GoDaddy
GDDY
|
+$7.95M |
| 4 |
Freshpet
FRPT
|
+$6.83M |
| 5 |
Yelp
YELP
|
+$3.23M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zillow
ZG
|
+$19.8M |
| 2 |
Vipshop
VIPS
|
+$12.6M |
| 3 |
FOGO
Fogo de Chao, Inc. Common Stock
FOGO
|
+$5.41M |
| 4 |
NEWR
New Relic, Inc.
NEWR
|
+$5.05M |
| 5 |
Equinix
EQIX
|
+$4.34M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 52.51% |
| 2 | Technology | 20.55% |
| 3 | Communication Services | 14.94% |
| 4 | Financials | 9.35% |
| 5 | Consumer Staples | 2.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Alibaba
BABA
$286B
| $58.4M | 22.96% |
990,000
-35,000
| -3% | -$2.54M |
|
|
2
JD.com
JD
$39.7B
| $53.5M | 21.05% |
2,054,360
+1,718,000
| +511% | +$49.7M |
|
3
LPL Financial
LPLA
$28.5B
| $23.8M | 9.35% |
598,023
-16,800
| -3% | -$723K |
|
|
WUBA
4
DELISTED
58.com Inc
WUBA
| $21.4M | 8.4% |
454,115
+224,280
| +98% | +$11.6M |
|
|
5
GoDaddy
GDDY
$12.3B
| $20.1M | 7.9% |
796,553
+304,253
| +62% | +$7.95M |
|
6
Etsy
ETSY
$7.44B
| $16.9M | 6.64% |
1,232,590
| – | – |
|
|
7
Yelp
YELP
$1.27B
| $16.6M | 6.54% |
767,636
+116,533
| +18% | +$3.23M |
|
8
Alarm.com
ALRM
$2.82B
| $15.4M | 6.05% |
1,319,679
+143,779
| +12% | +$2.33M |
|
9
AppFolio
APPF
$7.95B
| $14M | 5.52% |
833,665
+41,589
| +5% | +$673K |
|
|
10
Freshpet
FRPT
$3.55B
| $4.96M | 1.95% |
+472,138
| New | +$6.83M |
|
|
FOGO
11
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| $4.73M | 1.86% |
302,938
-276,804
| -48% | -$5.41M |
|
|
HDP
12
DELISTED
Hortonworks, Inc.
HDP
| $2.74M | 1.08% |
125,000
-142,974
| -53% | -$3.55M |
|
13
Ollie's Bargain Outlet
OLLI
$4.6B
| $1.78M | 0.7% |
+110,000
| New | +$2.04M |
|
|
14
Equinix
EQIX
$105B
| – | – |
-17,100
| Closed | -$4.34M |
|
|
15
Vipshop
VIPS
$6.98B
| – | – |
-565,000
| Closed | -$12.6M |
|
|
16
Zillow
ZG
$8.27B
| – | – |
-686,100
| Closed | -$19.8M |
|
|
NEWR
17
DELISTED
New Relic, Inc.
NEWR
| – | – |
-143,605
| Closed | -$5.05M |
|
|
MB
18
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| – | – |
-287,812
| Closed | -$3.98M |
|
Similar funds
Marc Stad's Q3 2015 Portfolio in Review
As of Q3 2015, Marc Stad held 18 positions worth $254M, down 13% from $294M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Marc Stad deployed $26.4M of net new capital in Q3 2015, opening 2 new positions and adding to 6 existing holdings. Its largest new stake was Freshpet: 472,138 shares worth $4.96M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 53% of assets, up from 47% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Fogo de Chao, Inc. Common Stock, an estimated $5.41M trimmed.
- Marc Stad's largest Q3 2015 buy was Freshpet: 472,138 shares worth $4.96M.
- Marc Stad added most to JD.com in Q3 2015, an estimated $49.7M increase.
- Marc Stad's biggest Q3 2015 reduction was Fogo de Chao, Inc. Common Stock, cutting an estimated $5.41M.
- Marc Stad fully exited Zillow in Q3 2015, selling an estimated $19.8M.
- Marc Stad's ten largest holdings make up 96% of its $254M portfolio in Q3 2015.
- Marc Stad opened 2 new positions and closed 5 in Q3 2015.
- Marc Stad's portfolio value fell 13% quarter-over-quarter to $254M.
Based on Dragoneer Investment Group's 13F filing for Q3 2015, filed 16 Nov 2015.