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 |
Everbridge, Inc. Common Stock
EVBG
|
+$32.6M |
| 2 |
Liberty Broadband Class C
LBRDK
|
+$14M |
| 3 |
e.l.f. Beauty
ELF
|
+$7.98M |
| 4 |
HOME
At Home Group Inc.
HOME
|
+$7.32M |
| 5 |
WUBA
58.com Inc
WUBA
|
+$4.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Atlassian
TEAM
|
+$22.1M |
| 2 |
COTV
Cotiviti Holdings, Inc.
COTV
|
+$18M |
| 3 |
ServiceNow
NOW
|
+$11M |
| 4 |
Netflix
NFLX
|
+$6.23M |
| 5 |
Liberty Broadband Class A
LBRDA
|
+$5.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.14% |
| 2 | Consumer Discretionary | 25.22% |
| 3 | Communication Services | 23.62% |
| 4 | Financials | 12.09% |
| 5 | Consumer Staples | 1.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
WUBA
1
DELISTED
58.com Inc
WUBA
| $62.1M | 14.01% |
1,302,054
+99,600
| +8% | +$4.87M |
2014 Q4
7 quarters
|
|
2
LPL Financial
LPLA
$25.1B
| $53.5M | 12.09% |
1,790,312
+34,608
| +2% | +$936K |
2015 Q2
5 quarters
|
|
3
JD.com
JD
$34.7B
| $46.4M | 10.47% |
1,776,794
-89,000
| -5% | -$2.14M |
2014 Q4
7 quarters
|
|
4
Block Inc
XYZ
$47.5B
| $41.1M | 9.28% |
3,524,100
-352,600
| -9% | -$3.85M |
2015 Q4
3 quarters
|
|
5
AppFolio
APPF
$7.7B
| $40M | 9.03% |
2,057,344
| – | – |
2015 Q2
5 quarters
|
|
6
Alibaba
BABA
$253B
| $38.9M | 8.79% |
367,923
-55,327
| -13% | -$5.13M |
2014 Q4
7 quarters
|
|
|
7
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $33.3M | 7.52% |
+1,976,950
| New | +$32.6M |
2016 Q3
0 quarters
|
|
|
8
ServiceNow
NOW
$162B
| $27.2M | 6.14% |
1,717,135
-745,000
| -30% | -$11M |
2016 Q1
2 quarters
|
|
|
9
Netflix
NFLX
$279B
| $26.4M | 5.97% |
2,683,240
-653,000
| -20% | -$6.23M |
2016 Q2
1 quarter
|
|
10
Trip.com Group
TCOM
$24.9B
| $18.8M | 4.25% |
404,721
-116,000
| -22% | -$5.17M |
2016 Q1
2 quarters
|
|
11
Alarm.com
ALRM
$3.07B
| $17.9M | 4.04% |
619,723
-80,162
| -11% | -$2.23M |
2015 Q2
5 quarters
|
|
|
12
DELISTED
Liberty Broadband Class C
LBRDK
| $15M | 3.38% |
+209,571
| New | +$14M |
2016 Q3
0 quarters
|
|
|
13
e.l.f. Beauty
ELF
$6.79B
| $8.58M | 1.94% |
+305,000
| New | +$7.98M |
2016 Q3
0 quarters
|
|
|
HOME
14
DELISTED
At Home Group Inc.
HOME
| $7.58M | 1.71% |
+500,000
| New | +$7.32M |
2016 Q3
0 quarters
|
|
|
15
Atlassian
TEAM
$56.5B
| $3.55M | 0.8% |
118,400
-754,100
| -86% | -$22.1M |
2015 Q4
3 quarters
|
|
16
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $1.48M | 0.33% |
+75,000
| New | +$1.31M |
2016 Q3
0 quarters
|
|
17
Meta Platforms (Facebook)
META
$1.65T
| $1.15M | 0.26% |
9,000
| – | – |
2016 Q2
1 quarter
|
|
18
GoDaddy
GDDY
$14.5B
| – | – |
-127,692
| Closed | -$3.98M | – |
|
|
19
DELISTED
Liberty Broadband Class A
LBRDA
| – | – |
-95,458
| Closed | -$5.67M | – |
|
20
Comscore
SCOR
$49M
| – | – |
-7,662
| Closed | -$3.66M | – |
|
|
COTV
21
DELISTED
Cotiviti Holdings, Inc.
COTV
| – | – |
-850,000
| Closed | -$18M | – |
|
|
LVNTA
22
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| – | – |
-135,127
| Closed | -$4.53M | – |
|
Similar funds
Marc Stad's Q3 2016 Portfolio in Review
As of Q3 2016, Marc Stad held 22 positions worth $443M, up 12% from $395M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Marc Stad withdrew a net $24.6M in Q3 2016, closing 5 positions and reducing 8 holdings. Its most notable exit was Cotiviti Holdings, Inc., an estimated $18M position sold in full.
By sector, the portfolio is most concentrated in Technology at 37% of assets, up from 37% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Marc Stad opened a new position in Everbridge, Inc. Common Stock worth $33.3M.
- Marc Stad's largest Q3 2016 buy was Everbridge, Inc. Common Stock: 1,976,950 shares worth $33.3M.
- Marc Stad added most to 58.com Inc in Q3 2016, an estimated $4.87M increase.
- Marc Stad's biggest Q3 2016 reduction was Atlassian, cutting an estimated $22.1M.
- Marc Stad fully exited Cotiviti Holdings, Inc. in Q3 2016, selling an estimated $18M.
- Marc Stad's ten largest holdings make up 88% of its $443M portfolio in Q3 2016.
- Marc Stad opened 5 new positions and closed 5 in Q3 2016.
- Marc Stad's portfolio value rose 12% quarter-over-quarter to $443M.
Based on Dragoneer Investment Group's 13F filing for Q3 2016, filed 14 Nov 2016.