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 |
GTM
ZoomInfo Technologies
GTM
|
+$132M |
| 2 |
Global E Online
GLBE
|
+$87.1M |
| 3 |
XP
XP
|
+$81.5M |
| 4 |
Roblox
RBLX
|
+$15M |
| 5 |
Peloton Interactive
PTON
|
+$14.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dynatrace
DT
|
+$96.4M |
| 2 |
Floor & Decor
FND
|
+$91.3M |
| 3 |
ESMT
EngageSmart, Inc.
ESMT
|
+$51.1M |
| 4 |
CWAN
Clearwater Analytics
CWAN
|
+$42.8M |
| 5 |
HAAC
Health Assurance Acquisition Corp. Class A Common Stock
HAAC
|
+$39.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 68.97% |
| 2 | Consumer Discretionary | 20.95% |
| 3 | Financials | 6.12% |
| 4 | Industrials | 2.27% |
| 5 | Communication Services | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GTM
1
ZoomInfo Technologies
GTM
$1.16B
| $449M | 13.9% |
14,905,992
+3,828,023
| +35% | +$132M |
|
2
Snowflake
SNOW
$115B
| $374M | 11.59% |
2,606,273
-194,537
| -7% | -$29.7M |
|
|
JAMF
3
DELISTED
Jamf
JAMF
| $363M | 11.23% |
17,020,124
-85,867
| -0.5% | -$1.89M |
|
|
4
Global E Online
GLBE
$6.81B
| $264M | 8.18% |
12,802,434
+3,840,025
| +43% | +$87.1M |
|
5
Datadog
DDOG
$84.6B
| $259M | 8.03% |
3,526,481
-491,589
| -12% | -$38.4M |
|
6
nCino
NCNO
$2.26B
| $195M | 6.03% |
7,366,557
+50,000
| +0.7% | +$1.41M |
|
7
Uber
UBER
$161B
| $185M | 5.74% |
7,488,919
-58,144
| -0.8% | -$1.59M |
|
8
DoorDash
DASH
$96.8B
| $173M | 5.37% |
3,553,629
| – | – |
|
9
CarGurus
CARG
$3.28B
| $130M | 4.03% |
9,283,746
| – | – |
|
|
CCC
10
CCC Intelligent Solutions
CCC
$4.39B
| $127M | 3.93% |
14,573,324
| – | – |
|
11
Nu Holdings
NU
$70.4B
| $115M | 3.55% |
28,142,906
| – | – |
|
|
12
Peloton Interactive
PTON
$2.37B
| $97.5M | 3.02% |
12,284,553
+1,538,738
| +14% | +$14.8M |
|
|
FTCH
13
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $73.4M | 2.27% |
15,523,675
+870,855
| +6% | +$6.07M |
|
|
14
XP
XP
$8.53B
| $71.4M | 2.21% |
+4,657,296
| New | +$81.5M |
|
|
CVT
15
DELISTED
Cvent Holding Corp. Common Stock
CVT
| $67.8M | 2.1% |
12,552,000
| – | – |
|
|
CWAN
16
DELISTED
Clearwater Analytics
CWAN
| $62.5M | 1.94% |
3,333,174
-2,468,780
| -43% | -$42.8M |
|
|
ENFN
17
DELISTED
Enfusion, Inc.
ENFN
| $58.3M | 1.81% |
6,027,886
-462,114
| -7% | -$5.2M |
|
18
Procore
PCOR
$9.65B
| $41.6M | 1.29% |
882,429
| – | – |
|
19
Samsara
IOT
$23.3B
| $33.8M | 1.05% |
2,716,397
| – | – |
|
|
20
Roblox
RBLX
$27.4B
| $25.2M | 0.78% |
884,773
+428,220
| +94% | +$15M |
|
|
ARCE
21
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $21.1M | 0.65% |
1,565,395
| – | – |
|
22
CS Disco
LAW
$277M
| $11.7M | 0.36% |
1,847,094
-485,880
| -21% | -$4.15M |
|
|
23
Floor & Decor
FND
$5.78B
| $11M | 0.34% |
158,383
-1,254,943
| -89% | -$91.3M |
|
|
TCVA
24
DELISTED
TCV Acquisition Corp. Class A Ordinary Shares
TCVA
| $5M | 0.15% |
500,000
| – | – |
|
|
NXDR
25
Nextdoor Holdings
NXDR
$925M
| $4.12M | 0.13% |
2,000,000
| – | – |
|
Similar funds
Marc Stad's Q4 2022 Portfolio in Review
As of Q4 2022, Marc Stad held 36 positions worth $3.23B, down 15% from $3.8B the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Marc Stad's Q4 2022 filing shows 1 new, 6 increased, 8 reduced and 5 closed positions. Its largest new stake was XP: 4,657,296 shares worth $71.4M. The largest sale was Dynatrace, an estimated $96.4M.
By sector, the portfolio is most concentrated in Technology at 69% of assets, down from 72% a quarter earlier, followed by Consumer Discretionary and Financials.
- Marc Stad's largest Q4 2022 buy was XP: 4,657,296 shares worth $71.4M.
- Marc Stad added most to ZoomInfo Technologies in Q4 2022, an estimated $132M increase.
- Marc Stad's biggest Q4 2022 reduction was Floor & Decor, cutting an estimated $91.3M.
- Marc Stad fully exited Dynatrace in Q4 2022, selling an estimated $96.4M.
- Marc Stad's ten largest holdings make up 78% of its $3.23B portfolio in Q4 2022.
- Marc Stad opened 1 new position and closed 5 in Q4 2022.
- Marc Stad's portfolio value fell 15% quarter-over-quarter to $3.23B.
Based on Dragoneer Investment Group's 13F filing for Q4 2022, filed 14 Feb 2023.