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 |
Snap
SNAP
|
+$69.8M |
| 2 |
Etsy
ETSY
|
+$26.8M |
| 3 |
Meta Platforms (Facebook)
META
|
+$23.3M |
| 4 |
MULE
MuleSoft, Inc.
MULE
|
+$14.9M |
| 5 |
MakeMyTrip
MMYT
|
+$3.21M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
XYZ
Block Inc
XYZ
|
+$21M |
| 2 |
Alarm.com
ALRM
|
+$14.8M |
| 3 |
Atlassian
TEAM
|
+$7.27M |
| 4 |
Alibaba
BABA
|
+$7.19M |
| 5 |
EVBG
Everbridge, Inc. Common Stock
EVBG
|
+$5.58M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.81% |
| 2 | Communication Services | 34.62% |
| 3 | Consumer Discretionary | 21.54% |
| 4 | Financials | 4.02% |
| 5 | Consumer Staples | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Snap
SNAP
$8.86B
| $71M | 12.64% |
+3,150,000
| New | +$69.8M |
|
2
AppFolio
APPF
$7.95B
| $57.8M | 10.29% |
2,124,003
+66,659
| +3% | +$1.59M |
|
3
JD.com
JD
$39.7B
| $55.2M | 9.84% |
1,775,547
-1,247
| -0.1% | -$36.7K |
|
|
WUBA
4
DELISTED
58.com Inc
WUBA
| $44.9M | 8.01% |
1,269,997
+47,360
| +4% | +$1.56M |
|
|
XYZ
5
Block Inc
XYZ
$49.4B
| $43.7M | 7.79% |
2,531,352
-1,345,032
| -35% | -$21M |
|
|
6
Meta Platforms (Facebook)
META
$1.4T
| $40M | 7.12% |
281,300
+174,000
| +162% | +$23.3M |
|
|
EVBG
7
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $37.4M | 6.66% |
1,820,330
-295,108
| -14% | -$5.58M |
|
8
BlackLine
BL
$1.85B
| $36.7M | 6.55% |
1,234,521
+20,883
| +2% | +$585K |
|
|
9
Alibaba
BABA
$286B
| $26.7M | 4.75% |
247,213
-70,632
| -22% | -$7.19M |
|
10
ServiceNow
NOW
$133B
| $26M | 4.63% |
1,484,885
-175,000
| -11% | -$3.05M |
|
|
11
Etsy
ETSY
$7.44B
| $24.3M | 4.33% |
+2,288,900
| New | +$26.8M |
|
12
LPL Financial
LPLA
$28.5B
| $22.5M | 4.02% |
566,096
-128,500
| -18% | -$5.05M |
|
13
Netflix
NFLX
$331B
| $16.9M | 3.01% |
1,143,240
| – | – |
|
|
MULE
14
DELISTED
MuleSoft, Inc.
MULE
| $15.5M | 2.76% |
+637,400
| New | +$14.9M |
|
|
15
MakeMyTrip
MMYT
$5.69B
| $14.7M | 2.62% |
424,991
+99,991
| +31% | +$3.21M |
|
|
LBRDK
16
DELISTED
Liberty Broadband Class C
LBRDK
| $14.1M | 2.52% |
163,523
| – | – |
|
17
Trade Desk
TTD
$6.19B
| $7.45M | 1.33% |
2,000,000
-612,000
| -23% | -$2.1M |
|
|
COUP
18
DELISTED
Coupa Software Incorporated
COUP
| $2.91M | 0.52% |
114,400
-60,600
| -35% | -$1.55M |
|
|
PRO
19
DELISTED
PROS Holdings
PRO
| $1.75M | 0.31% |
+72,278
| New | +$1.63M |
|
|
ELLI
20
DELISTED
Ellie Mae Inc
ELLI
| $1.1M | 0.2% |
11,000
| – | – |
|
|
21
Alarm.com
ALRM
$2.82B
| $615K | 0.11% |
20,000
-510,419
| -96% | -$14.8M |
|
22
e.l.f. Beauty
ELF
$6.02B
| – | – |
-150,000
| Closed | -$4.34M |
|
|
23
Atlassian
TEAM
$43.5B
| – | – |
-302,000
| Closed | -$7.27M |
|
|
TRVG
24
trivago
TRVG
$382M
| – | – |
-50,000
| Closed | -$2.94M |
|
|
HOME
25
DELISTED
At Home Group Inc.
HOME
| – | – |
-298,730
| Closed | -$4.37M |
|
Similar funds
Marc Stad's Q1 2017 Portfolio in Review
As of Q1 2017, Marc Stad held 25 positions worth $561M, up 33% from $423M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Marc Stad deployed $64.1M of net new capital in Q1 2017, opening 4 new positions and adding to 5 existing holdings. Its largest new stake was Snap: 3,150,000 shares worth $71M.
By sector, the portfolio is most concentrated in Technology at 40% of assets, down from 54% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Block Inc, an estimated $21M trimmed.
- Marc Stad's largest Q1 2017 buy was Snap: 3,150,000 shares worth $71M.
- Marc Stad added most to Meta Platforms (Facebook) in Q1 2017, an estimated $23.3M increase.
- Marc Stad's biggest Q1 2017 reduction was Block Inc, cutting an estimated $21M.
- Marc Stad fully exited Atlassian in Q1 2017, selling an estimated $7.27M.
- Marc Stad's ten largest holdings make up 78% of its $561M portfolio in Q1 2017.
- Marc Stad opened 4 new positions and closed 4 in Q1 2017.
- Marc Stad's portfolio value rose 33% quarter-over-quarter to $561M.
Based on Dragoneer Investment Group's 13F filing for Q1 2017, filed 15 May 2017.