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 |
Block Inc
XYZ
|
+$31.5M |
| 2 |
QUNR
Qunar Cayman Islands Limited
QUNR
|
+$23.8M |
| 3 |
Atlassian
TEAM
|
+$23.4M |
| 4 |
Alarm.com
ALRM
|
+$4.76M |
| 5 |
WUBA
58.com Inc
WUBA
|
+$1.73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JD.com
JD
|
+$24.9M |
| 2 |
Yelp
YELP
|
+$16.6M |
| 3 |
Alibaba
BABA
|
+$14.5M |
| 4 |
Etsy
ETSY
|
+$7.23M |
| 5 |
GoDaddy
GDDY
|
+$6.89M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35% |
| 2 | Consumer Discretionary | 32.87% |
| 3 | Communication Services | 18.43% |
| 4 | Financials | 7.71% |
| 5 | Miscellaneous | 4.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Alibaba
BABA
$235B
| $65.4M | 19.77% |
804,710
-185,290
| -19% | -$14.5M |
2014 Q4
4 quarters
|
|
|
2
JD.com
JD
$37.7B
| $39.1M | 11.8% |
1,210,434
-843,926
| -41% | -$24.9M |
2014 Q4
4 quarters
|
|
|
3
Block Inc
XYZ
$51.1B
| $33.4M | 10.11% |
+2,554,871
| New | +$31.5M |
2015 Q4
0 quarters
|
|
|
WUBA
4
DELISTED
58.com Inc
WUBA
| $32M | 9.66% |
484,765
+30,650
| +7% | +$1.73M |
2014 Q4
4 quarters
|
|
|
QUNR
5
DELISTED
Qunar Cayman Islands Limited
QUNR
| $29M | 8.77% |
+550,000
| New | +$23.8M |
2015 Q4
0 quarters
|
|
|
6
Alarm.com
ALRM
$3.21B
| $27.2M | 8.23% |
1,632,199
+312,520
| +24% | +$4.76M |
2015 Q2
2 quarters
|
|
7
LPL Financial
LPLA
$22.8B
| $25.5M | 7.71% |
598,023
| – | – |
2015 Q2
2 quarters
|
|
|
8
Atlassian
TEAM
$37.8B
| $24.7M | 7.46% |
+820,641
| New | +$23.4M |
2015 Q4
0 quarters
|
|
|
9
GoDaddy
GDDY
$13.8B
| $18.3M | 5.52% |
569,836
-226,717
| -28% | -$6.89M |
2015 Q2
2 quarters
|
|
|
QUNR
10
PUT
DELISTED
Qunar Cayman Islands Limited
QUNR
| $15.8M | 4.78% |
+300,000
| New | +$13M |
2015 Q4
0 quarters
|
|
11
AppFolio
APPF
$7.95B
| $12.2M | 3.68% |
833,665
| – | – |
2015 Q2
2 quarters
|
|
|
12
Etsy
ETSY
$7.67B
| $4.29M | 1.3% |
519,690
-712,900
| -58% | -$7.23M |
2015 Q2
2 quarters
|
|
13
Freshpet
FRPT
$3.26B
| $4.01M | 1.21% |
472,138
| – | – |
2015 Q3
1 quarter
|
|
14
Ollie's Bargain Outlet
OLLI
$5.63B
| – | – |
-110,000
| Closed | -$1.78M | – |
|
|
15
Yelp
YELP
$1.11B
| – | – |
-767,636
| Closed | -$16.6M | – |
|
|
HDP
16
DELISTED
Hortonworks, Inc.
HDP
| – | – |
-125,000
| Closed | -$2.74M | – |
|
|
FOGO
17
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| – | – |
-302,938
| Closed | -$4.73M | – |
|
Similar funds
Marc Stad's Q4 2015 Portfolio in Review
As of Q4 2015, Marc Stad held 17 positions worth $331M, up 30% from $254M the previous quarter. Its ten largest holdings account for 94% of the portfolio.
Marc Stad's Q4 2015 filing shows 4 new, 2 increased, 4 reduced and 4 closed positions. Its largest new stake was Block Inc: 2,554,871 shares worth $33.4M. The largest sale was JD.com, an estimated $24.9M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Marc Stad's largest Q4 2015 buy was Block Inc: 2,554,871 shares worth $33.4M.
- Marc Stad added most to Alarm.com in Q4 2015, an estimated $4.76M increase.
- Marc Stad's biggest Q4 2015 reduction was JD.com, cutting an estimated $24.9M.
- Marc Stad fully exited Yelp in Q4 2015, selling an estimated $16.6M.
- Marc Stad's ten largest holdings make up 94% of its $331M portfolio in Q4 2015.
- Marc Stad opened 4 new positions and closed 4 in Q4 2015.
- Marc Stad's portfolio value rose 30% quarter-over-quarter to $331M.
Based on Dragoneer Investment Group's 13F filing for Q4 2015, filed 16 Feb 2016.