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 |
WUBA
58.com Inc
WUBA
|
+$32.6M |
| 2 |
Netflix
NFLX
|
+$32.1M |
| 3 |
XYZ
Block Inc
XYZ
|
+$23.9M |
| 4 |
ServiceNow
NOW
|
+$17.4M |
| 5 |
COTV
Cotiviti Holdings, Inc.
COTV
|
+$16.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$16.3M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
+$14.4M |
| 3 |
GoDaddy
GDDY
|
+$13.9M |
| 4 |
Freshpet
FRPT
|
+$720K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.9% |
| 2 | Consumer Discretionary | 25.14% |
| 3 | Communication Services | 23.4% |
| 4 | Financials | 10.02% |
| 5 | Industrials | 4.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WUBA
1
DELISTED
58.com Inc
WUBA
| $55.2M | 13.97% |
1,202,454
+632,450
| +111% | +$32.6M |
|
2
JD.com
JD
$39.7B
| $39.6M | 10.03% |
1,865,794
+319,000
| +21% | +$7.7M |
|
3
LPL Financial
LPLA
$28.5B
| $39.6M | 10.02% |
1,755,704
+194,841
| +12% | +$4.89M |
|
|
XYZ
4
Block Inc
XYZ
$49.4B
| $35.1M | 8.88% |
3,876,700
+2,115,110
| +120% | +$23.9M |
|
|
5
Alibaba
BABA
$286B
| $33.7M | 8.52% |
423,250
-208,614
| -33% | -$16.3M |
|
|
6
ServiceNow
NOW
$133B
| $32.7M | 8.28% |
2,462,135
+1,254,410
| +104% | +$17.4M |
|
|
7
Netflix
NFLX
$331B
| $30.5M | 7.73% |
+3,336,240
| New | +$32.1M |
|
8
AppFolio
APPF
$7.95B
| $29.7M | 7.53% |
2,057,344
+364,919
| +22% | +$4.87M |
|
9
Atlassian
TEAM
$43.5B
| $22.6M | 5.72% |
872,500
+2,949
| +0.3% | +$69.9K |
|
10
Trip.com Group
TCOM
$29B
| $21.5M | 5.43% |
520,721
| – | – |
|
|
COTV
11
DELISTED
Cotiviti Holdings, Inc.
COTV
| $18M | 4.55% |
+850,000
| New | +$16.2M |
|
12
Alarm.com
ALRM
$2.82B
| $17.9M | 4.54% |
699,885
+46,000
| +7% | +$1.04M |
|
|
LBRDA
13
DELISTED
Liberty Broadband Class A
LBRDA
| $5.67M | 1.44% |
+95,458
| New | +$5.56M |
|
|
LVNTA
14
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $4.53M | 1.15% |
+135,127
| New | +$5.14M |
|
|
15
GoDaddy
GDDY
$12.3B
| $3.98M | 1.01% |
127,692
-442,144
| -78% | -$13.9M |
|
16
Comscore
SCOR
$77.1M
| $3.66M | 0.93% |
+7,662
| New | +$4.58M |
|
17
Meta Platforms (Facebook)
META
$1.4T
| $1.03M | 0.26% |
+9,000
| New | +$1.04M |
|
|
18
Freshpet
FRPT
$3.55B
| – | – |
-98,207
| Closed | -$720K |
|
|
LNKD
19
DELISTED
LinkedIn Corporation
LNKD
| – | – |
-126,000
| Closed | -$14.4M |
|
Similar funds
Marc Stad's Q2 2016 Portfolio in Review
As of Q2 2016, Marc Stad held 19 positions worth $395M, up 24% from $318M the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Marc Stad deployed $112M of net new capital in Q2 2016, opening 6 new positions and adding to 8 existing holdings. Its largest new stake was Netflix: 3,336,240 shares worth $30.5M.
By sector, the portfolio is most concentrated in Technology at 37% of assets, down from 37% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Alibaba, an estimated $16.3M trimmed.
- Marc Stad's largest Q2 2016 buy was Netflix: 3,336,240 shares worth $30.5M.
- Marc Stad added most to 58.com Inc in Q2 2016, an estimated $32.6M increase.
- Marc Stad's biggest Q2 2016 reduction was Alibaba, cutting an estimated $16.3M.
- Marc Stad fully exited LinkedIn Corporation in Q2 2016, selling an estimated $14.4M.
- Marc Stad's ten largest holdings make up 86% of its $395M portfolio in Q2 2016.
- Marc Stad opened 6 new positions and closed 2 in Q2 2016.
- Marc Stad's portfolio value rose 24% quarter-over-quarter to $395M.
Based on Dragoneer Investment Group's 13F filing for Q2 2016, filed 15 Aug 2016.