Equal-WT
WhaleScore 2.0
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Dragoneer Investment Group is based out of San Francisco. Dragoneer Investment Group is a hedge fund with 30 clients and discretionary assets under management (AUM) of $22,663,899,860 (Form ADV from 2024-04-29). Their last reported 13F filing for Q3 2024 included $5,751,331,236 in managed 13F securities
and a top 10 holdings concentration of 78.84%. Dragoneer Investment Group's largest holding is Global-E Online Ltd with shares held of 15,296,541. Whalewisdom has at least 40 13F filings, 7 13D filings, and 32 13G filings
Business Description
Dragoneer provides advisory services to clients and their portfolio companies. These services can include investment opportunities, continuation transactions, allocating fees and expenses, subsequent investments, and calculating advisory fees. Dragoneer routinely updates its practices and procedures to reflect evolving industry best practices.
Dragoneer may also provide managerial assistance to portfolio companies, which could expose them to claims from the portfolio company, its security holders, and its creditors. The success of these improvements is uncertain, and some portfolio companies may depend on a small group of individuals, whose absence could negatively impact their business.
Investment Strategy
Dragoneer's investment strategy is research-intensive, focusing on identifying and evaluating securities with favorable risk/return profiles. They believe their analysis provides a competitive advantage by uncovering investment opportunities often overlooked by larger institutions. This research helps them determine which companies are suitable for long-term holdings and which are better suited for shorter-term opportunities.
The strategy involves a highly competitive market, with a significant increase in capital flowing into growth equity funds. Dragoneer faces competition from entities with similar investment objectives, potentially leading them to adjust their approach, such as accelerating due diligence or negotiation timelines, to secure investments. This competitive environment can also result in higher valuations and less negotiation power.
Known Email Addresses
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Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| DAY Dayforce Inc | 4.42% |
| DUOL Duolingo Inc | 3.63% |
| PDD PDD Holdings Inc | 2.12% |
| CPNG Coupang Inc | 1.3% |
| TEAM Atlassian Corporatio | 1.11% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| PCOR Procore Technologies | 2.16% |
| BZ KANZHUN LTD | 2.03% |
| TOST Toast Inc | 1.71% |
| CCCS CCC Intelligent Solu | 1.61% |
| NU Nu Holdings Ltd | 0.9% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| GLBE Global-E Online Ltd | 10.22% |
| TEAM Atlassian Corporatio | 10.08% |
| RBLX Roblox Corporation | 9.04% |
| PDD PDD Holdings Inc | 8.78% |
| DAY Dayforce Inc | 8.11% |
2024-09-30
13F Activity
| Market Value | $5.75b, Prior: $5.23b |
| Inflows (Outflows) as % of Total MV | +0.8783% |
| New Purchases | 0 stocks |
| Added To | 6 stocks |
| Sold out of | 9 stocks |
| Reduced holdings in | 7 stocks |
| Top 10 Holdings % | 78.84% |
| Turnover %[1] | 27.27% |
| Turnover Alt %[2] | 11.48% |
| Time Held Top 20 | 5.65 quarters |
| Time Held Top 10 | 4.3 quarters |
| Time Held All | 8.96 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30