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 |
Procore
PCOR
|
+$458M |
| 2 |
UiPath
PATH
|
+$405M |
| 3 |
Peloton Interactive
PTON
|
+$223M |
| 4 |
JAMF
Jamf
JAMF
|
+$131M |
| 5 |
EDR
Endeavor Group Holdings, Inc.
EDR
|
+$120M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Airbnb
ABNB
|
+$402M |
| 2 |
DoorDash
DASH
|
+$163M |
| 3 |
Datadog
DDOG
|
+$155M |
| 4 |
Unity
U
|
+$100M |
| 5 |
SMAR
Smartsheet Inc.
SMAR
|
+$89.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 63.24% |
| 2 | Consumer Discretionary | 21.58% |
| 3 | Communication Services | 9.32% |
| 4 | Healthcare | 3.37% |
| 5 | Financials | 2.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Snowflake
SNOW
$115B
| $744M | 9.58% |
3,076,596
-200,000
| -6% | -$46.5M |
|
2
Uber
UBER
$161B
| $567M | 7.31% |
11,320,595
| – | – |
|
|
3
Procore
PCOR
$9.65B
| $496M | 6.39% |
+5,221,180
| New | +$458M |
|
|
4
DoorDash
DASH
$96.8B
| $461M | 5.94% |
2,584,746
-1,113,109
| -30% | -$163M |
|
|
XYZ
5
Block Inc
XYZ
$49.4B
| $433M | 5.58% |
1,777,689
| – | – |
|
6
Dynatrace
DT
$14.2B
| $423M | 5.45% |
7,239,914
-1,364,500
| -16% | -$71.3M |
|
|
7
Peloton Interactive
PTON
$2.37B
| $422M | 5.44% |
3,404,260
+2,090,740
| +159% | +$223M |
|
|
8
UiPath
PATH
$8.49B
| $375M | 4.83% |
+5,518,732
| New | +$405M |
|
|
JAMF
9
DELISTED
Jamf
JAMF
| $319M | 4.11% |
9,498,527
+3,851,236
| +68% | +$131M |
|
10
Twilio
TWLO
$34.6B
| $306M | 3.95% |
777,393
| – | – |
|
|
11
Datadog
DDOG
$84.6B
| $287M | 3.7% |
2,756,241
-1,718,241
| -38% | -$155M |
|
12
CarGurus
CARG
$3.28B
| $244M | 3.14% |
9,283,746
| – | – |
|
13
Alibaba
BABA
$286B
| $182M | 2.34% |
802,216
| – | – |
|
|
GTM
14
ZoomInfo Technologies
GTM
$1.16B
| $176M | 2.26% |
3,366,769
| – | – |
|
15
Floor & Decor
FND
$5.78B
| $149M | 1.92% |
1,413,326
-157,036
| -10% | -$16.3M |
|
|
DCT
16
DELISTED
Duck Creek Technologies, Inc. Common Stock
DCT
| $149M | 1.92% |
3,432,080
-1,008,040
| -23% | -$41M |
|
17
FuboTV Inc
FUBO
$309M
| $138M | 1.78% |
357,947
| – | – |
|
18
Meta Platforms (Facebook)
META
$1.4T
| $118M | 1.52% |
339,374
| – | – |
|
|
EDR
19
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $115M | 1.49% |
+4,166,667
| New | +$120M |
|
20
Bumble
BMBL
$370M
| $115M | 1.48% |
2,000,000
| – | – |
|
|
MSP
21
DELISTED
Datto Holding Corp.
MSP
| $103M | 1.33% |
3,706,333
| – | – |
|
|
22
Airbnb
ABNB
$110B
| $101M | 1.3% |
660,000
-2,563,630
| -80% | -$402M |
|
23
Root
ROOT
$864M
| $100M | 1.29% |
514,403
| – | – |
|
24
Playtika
PLTK
$904M
| $98.3M | 1.27% |
4,125,000
| – | – |
|
25
Roblox
RBLX
$27.4B
| $86.7M | 1.12% |
964,029
-1,035,970
| -52% | -$83.2M |
|
Similar funds
Marc Stad's Q2 2021 Portfolio in Review
As of Q2 2021, Marc Stad held 75 positions worth $7.76B, up 11% from $6.99B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Marc Stad deployed $360M of net new capital in Q2 2021, opening 27 new positions and adding to 2 existing holdings. Its largest new stake was Procore: 5,221,180 shares worth $496M.
By sector, the portfolio is most concentrated in Technology at 63% of assets, up from 57% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Airbnb, an estimated $402M trimmed.
- Marc Stad's largest Q2 2021 buy was Procore: 5,221,180 shares worth $496M.
- Marc Stad added most to Peloton Interactive in Q2 2021, an estimated $223M increase.
- Marc Stad's biggest Q2 2021 reduction was Airbnb, cutting an estimated $402M.
- Marc Stad fully exited Unity in Q2 2021, selling an estimated $100M.
- Marc Stad's ten largest holdings make up 59% of its $7.76B portfolio in Q2 2021.
- Marc Stad opened 27 new positions and closed 12 in Q2 2021.
- Marc Stad's portfolio value rose 11% quarter-over-quarter to $7.76B.
Based on Dragoneer Investment Group's 13F filing for Q2 2021, filed 16 Aug 2021.