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 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$205M |
| 2 |
DoorDash
DASH
|
+$195M |
| 3 |
nCino
NCNO
|
+$137M |
| 4 |
Snowflake
SNOW
|
+$131M |
| 5 |
XYZ
Block Inc
XYZ
|
+$130M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Twilio
TWLO
|
+$205M |
| 2 |
Meta Platforms (Facebook)
META
|
+$114M |
| 3 |
Procore
PCOR
|
+$113M |
| 4 |
Robinhood
HOOD
|
+$49M |
| 5 |
Playtika
PLTK
|
+$35.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 57.5% |
| 2 | Consumer Discretionary | 20.09% |
| 3 | Financials | 15.92% |
| 4 | Communication Services | 3.5% |
| 5 | Industrials | 2.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Nu Holdings
NU
$70.4B
| $1.19B | 15.13% |
153,629,478
-1,405,698
| -0.9% | -$11.3M |
|
|
JAMF
2
DELISTED
Jamf
JAMF
| $678M | 8.65% |
19,482,879
-690,406
| -3% | -$23.4M |
|
3
Datadog
DDOG
$84.6B
| $439M | 5.6% |
2,900,390
+168,230
| +6% | +$24.6M |
|
|
4
Snowflake
SNOW
$115B
| $432M | 5.51% |
1,884,883
+506,561
| +37% | +$131M |
|
5
Uber
UBER
$161B
| $404M | 5.15% |
11,320,595
| – | – |
|
6
CarGurus
CARG
$3.28B
| $394M | 5.03% |
9,283,746
| – | – |
|
|
XYZ
7
Block Inc
XYZ
$49.4B
| $387M | 4.93% |
2,851,979
+1,074,290
| +60% | +$130M |
|
|
8
DoorDash
DASH
$96.8B
| $386M | 4.92% |
3,294,334
+1,805,124
| +121% | +$195M |
|
|
CCC
9
CCC Intelligent Solutions
CCC
$4.39B
| $360M | 4.59% |
32,583,324
| – | – |
|
10
Dynatrace
DT
$14.2B
| $337M | 4.3% |
7,149,440
+2,355,247
| +49% | +$111M |
|
11
Rivian
RIVN
$24.6B
| $262M | 3.34% |
5,208,075
+1
| +0% | +$61 |
|
|
CWAN
12
DELISTED
Clearwater Analytics
CWAN
| $253M | 3.22% |
12,030,026
+201,309
| +2% | +$3.76M |
|
|
GTM
13
ZoomInfo Technologies
GTM
$1.16B
| $236M | 3% |
3,943,215
+2,259,831
| +134% | +$121M |
|
14
Peloton Interactive
PTON
$2.37B
| $229M | 2.92% |
8,672,304
+3,840,044
| +79% | +$110M |
|
15
CS Disco
LAW
$277M
| $194M | 2.47% |
5,704,854
+2,278,319
| +66% | +$74.8M |
|
|
16
nCino
NCNO
$2.26B
| $188M | 2.4% |
4,594,278
+2,994,628
| +187% | +$137M |
|
|
FTCH
17
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $160M | 2.05% |
+10,612,468
| New | +$205M |
|
|
EDR
18
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $123M | 1.57% |
4,166,667
| – | – |
|
19
Floor & Decor
FND
$5.78B
| $114M | 1.46% |
1,413,326
| – | – |
|
20
Airbnb
ABNB
$110B
| $113M | 1.45% |
660,000
| – | – |
|
|
MSP
21
DELISTED
Datto Holding Corp.
MSP
| $99M | 1.26% |
3,706,333
| – | – |
|
|
CVT
22
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $90.2M | 1.15% |
12,552,000
| – | – |
|
23
Samsara
IOT
$23.3B
| $86.9M | 1.11% |
5,424,513
+1,576,714
| +41% | +$30.1M |
|
|
ENFN
24
DELISTED
Enfusion, Inc.
ENFN
| $82.6M | 1.05% |
6,490,000
+67,779
| +1% | +$1.04M |
|
|
ESMT
25
DELISTED
EngageSmart, Inc.
ESMT
| $77.3M | 0.99% |
3,626,188
+852,590
| +31% | +$17.7M |
|
Similar funds
Marc Stad's Q1 2022 Portfolio in Review
As of Q1 2022, Marc Stad held 68 positions worth $7.84B, down 10% from $8.71B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Marc Stad deployed $710M of net new capital in Q1 2022, opening 4 new positions and adding to 16 existing holdings. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 10,612,468 shares worth $160M.
By sector, the portfolio is most concentrated in Technology at 58% of assets, up from 56% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Procore, an estimated $113M trimmed.
- Marc Stad's largest Q1 2022 buy was Farfetch Limited Class A Ordinary Shares: 10,612,468 shares worth $160M.
- Marc Stad added most to DoorDash in Q1 2022, an estimated $195M increase.
- Marc Stad's biggest Q1 2022 reduction was Procore, cutting an estimated $113M.
- Marc Stad fully exited Twilio in Q1 2022, selling an estimated $205M.
- Marc Stad's ten largest holdings make up 64% of its $7.84B portfolio in Q1 2022.
- Marc Stad opened 4 new positions and closed 16 in Q1 2022.
- Marc Stad's portfolio value fell 10% quarter-over-quarter to $7.84B.
Based on Dragoneer Investment Group's 13F filing for Q1 2022, filed 16 May 2022.