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 |
Twilio
TWLO
|
+$42.6M |
| 2 |
MULE
MuleSoft, Inc.
MULE
|
+$40.8M |
| 3 |
SEND
SendGrid, Inc.
SEND
|
+$21.9M |
| 4 |
SAIL
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
|
+$18.3M |
| 5 |
FINV
FinVolution Group
FINV
|
+$7.86M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EVBG
Everbridge, Inc. Common Stock
EVBG
|
+$35.7M |
| 2 |
XYZ
Block Inc
XYZ
|
+$24.9M |
| 3 |
AppFolio
APPF
|
+$24M |
| 4 |
Snap
SNAP
|
+$18.4M |
| 5 |
BlackLine
BL
|
+$18.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.14% |
| 2 | Consumer Discretionary | 28.24% |
| 3 | Communication Services | 22.09% |
| 4 | Real Estate | 4.96% |
| 5 | Financials | 1.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
JD.com
JD
$39.7B
| $66.4M | 10.87% |
1,602,805
| – | – |
|
2
ServiceNow
NOW
$133B
| $64.9M | 10.64% |
2,489,885
| – | – |
|
|
WUBA
3
DELISTED
58.com Inc
WUBA
| $64.5M | 10.57% |
901,368
-230,500
| -20% | -$16M |
|
|
4
Twilio
TWLO
$34.6B
| $52.4M | 8.59% |
2,221,285
+1,516,930
| +215% | +$42.6M |
|
5
Meta Platforms (Facebook)
META
$1.4T
| $48.9M | 8% |
276,890
| – | – |
|
|
MULE
6
DELISTED
MuleSoft, Inc.
MULE
| $48.2M | 7.9% |
2,073,737
+1,797,464
| +651% | +$40.8M |
|
7
Etsy
ETSY
$7.44B
| $40.9M | 6.7% |
2,000,000
-518,000
| -21% | -$9.14M |
|
8
Alibaba
BABA
$286B
| $38.3M | 6.27% |
222,145
| – | – |
|
|
RDFN
9
DELISTED
Redfin
RDFN
| $30.3M | 4.96% |
966,183
| – | – |
|
|
10
BlackLine
BL
$1.85B
| $29.6M | 4.84% |
901,481
-520,634
| -37% | -$18.2M |
|
|
SEND
11
DELISTED
SendGrid, Inc.
SEND
| $25.3M | 4.15% |
+1,057,290
| New | +$21.9M |
|
|
12
AppFolio
APPF
$7.95B
| $23.5M | 3.84% |
565,343
-535,978
| -49% | -$24M |
|
13
Netflix
NFLX
$331B
| $20.2M | 3.31% |
1,052,600
+109,360
| +12% | +$2.11M |
|
14
MakeMyTrip
MMYT
$5.69B
| $19M | 3.12% |
637,868
+80,000
| +14% | +$2.21M |
|
|
SAIL
15
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $18.1M | 2.97% |
+1,250,000
| New | +$18.3M |
|
|
NAAS
16
NaaS Technology Inc
NAAS
$57.5M
| $7.76M | 1.27% |
+66
| New | +$6.34M |
|
|
FINV
17
FinVolution Group
FINV
$1.03B
| $6.15M | 1.01% |
+865,200
| New | +$7.86M |
|
|
LX
18
LexinFintech Holdings
LX
$219M
| $3.48M | 0.57% |
+250,000
| New | +$3.31M |
|
|
JT
19
DELISTED
Jianpu Technology Inc. American Depositary Shares, each representing twenty Class A Ordinary Shares
JT
| $1.3M | 0.21% |
+25,000
| New | +$1.26M |
|
|
ELLI
20
DELISTED
Ellie Mae Inc
ELLI
| $1.25M | 0.21% |
14,000
| – | – |
|
|
MYND
21
Mynd.ai
MYND
$23.3M
| – | – |
-43,000
| Closed | -$12.3M |
|
|
PRO
22
DELISTED
PROS Holdings
PRO
| – | – |
-113,287
| Closed | -$2.73M |
|
23
Roku
ROKU
$23.4B
| – | – |
-360,000
| Closed | -$9.55M |
|
|
24
Snap
SNAP
$8.86B
| – | – |
-1,263,021
| Closed | -$18.4M |
|
|
XYZ
25
Block Inc
XYZ
$49.4B
| – | – |
-863,561
| Closed | -$24.9M |
|
Similar funds
Marc Stad's Q4 2017 Portfolio in Review
As of Q4 2017, Marc Stad held 26 positions worth $610M, up 0.18% from $609M the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Marc Stad withdrew a net $24.2M in Q4 2017, closing 6 positions and reducing 4 holdings. Its most notable exit was Everbridge, Inc. Common Stock, an estimated $35.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 43% of assets, down from 43% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Marc Stad opened a new position in SendGrid, Inc. worth $25.3M.
- Marc Stad's largest Q4 2017 buy was SendGrid, Inc.: 1,057,290 shares worth $25.3M.
- Marc Stad added most to Twilio in Q4 2017, an estimated $42.6M increase.
- Marc Stad's biggest Q4 2017 reduction was AppFolio, cutting an estimated $24M.
- Marc Stad fully exited Everbridge, Inc. Common Stock in Q4 2017, selling an estimated $35.7M.
- Marc Stad's ten largest holdings make up 79% of its $610M portfolio in Q4 2017.
- Marc Stad opened 6 new positions and closed 6 in Q4 2017.
- Marc Stad's portfolio value rose 0.18% quarter-over-quarter to $610M.
Based on Dragoneer Investment Group's 13F filing for Q4 2017, filed 14 Feb 2018.