Dragoneer Investment Group, LLC
Dragoneer Investment Group, LLC is a San Francisco-based, growth-oriented investment firm founded in 2012. The firm manages over $24.9 billion in assets and specializes in technology-sector investments across both public and private markets. Dragoneer employs more than 80 people and is known for its expertise in hedge funds, venture capital, and growth equity, serving institutional clients such as endowments, foundations, and sovereign wealth funds. The firm’s leadership includes founder Marc Stad and a senior team with extensive experience in finance and technology investing.
Investment Strategy
Dragoneer Investment Group focuses on growth-oriented investments in both public and private technology companies. The firm targets established businesses with significant growth potential and prioritizes opportunities in SaaS, financial services, healthcare technology, digital media, fintech, e-commerce, and insurance technology. Dragoneer applies rigorous diligence, capital preservation, and flexible capital mechanisms like secondary stock sales and convertible debt. While engaged in both long-only and long/short equity strategies, the group seeks companies with strong market positions, scalable business models, and sustainable competitive advantages, favoring revenue growth over leverage or valuation-driven upside.
Latest 13F Filing Activity
Dragoneer Investment Group, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 18 equity positions with a total 13F market value of $5B. The fund increased holdings in Nvidia Corporation, Chime Finl Inc., Datadog Inc. among other positions. Dragoneer Investment Group, LLC reduced exposure to Intuit, Duolingo Inc., Atlassian Corporation among others.
Top Holdings
Equity Positions (18)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
X XYZ | BLOCK INC | 12.80% | $627.2M | 9,233,515 | $61.01 | $67.93 | +$125.5M |
C CPNG | COUPANG INC | 12.78% | $626.0M | 20,893,452 | $18.83 | $29.96 | +$60.6M |
N NVDA | NVIDIA CORPORATION | 10.28% | $503.5M | 3,187,000 | $157.99 | $157.99 | +$503.5M |
F FLUT | FLUTTER ENTMT PLC | 9.82% | $481.1M | 1,683,408 | $196.37 | $285.76 | +$108.1M |
P PDD | PDD HOLDINGS INC | 7.55% | $370.0M | 3,535,608 | $109.97 | $104.66 | -$170.1M |
Industry Allocation
Investment Team (11)
| Name | Role | Location | |
|---|---|---|---|
A Anelle Snyder | Senior Valuation Analyst | San Francisco, CA , United States | |
 | Partner | San Francisco, CA , United States | |
 | Principal | San Francisco, CA , United States | |
 | President and Co-founder | San Francisco, CA , United States | |
 | Principal | CA , United States | |
 | Principal | San Francisco, CA , United States | |
K Kartik Gupta | Principal | San Francisco, CA , United States | |
 | Associate | New York, NY , United States | |
 | Principal | San Francisco, CA , United States | |
M Michael Dimitruk | Partner | San Francisco, CA , United States |