Dragoneer Investment 13F annual report
Dragoneer Investment is an investment fund managing more than $5.23 trillion ran by Michael Dimitruk. There are currently 33 companies in Mr. Dimitruk’s portfolio. The largest investments include Global E Online Ltd and Atlassian, together worth $1 trillion.
$5.23 trillion Assets Under Management (AUM)
As of 7th August 2024, Dragoneer Investment’s top holding is 14,734,024 shares of Global E Online Ltd currently worth over $534 billion and making up 10.2% of the portfolio value.
In addition, the fund holds 2,656,057 shares of Atlassian worth $470 billion, whose value fell 34.9% in the past six months.
The third-largest holding is Roblox worth $437 billion and the next is Coupang worth $353 billion, with 16,862,894 shares owned.
Currently, Dragoneer Investment's portfolio is worth at least $5.23 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Dragoneer Investment
The Dragoneer Investment office and employees reside in San Francisco, California. According to the last 13-F report filed with the SEC, Michael Dimitruk serves as the General Counsel at Dragoneer Investment.
Recent trades
In the most recent 13F filing, Dragoneer Investment revealed that it had opened a new position in
Atlassian and bought 2,656,057 shares worth $470 billion.
This means they effectively own approximately 0.1% of the company.
Atlassian makes up
31.1%
of the fund's Technology sector allocation and has decreased its share price by 29.7% in the past year.
The investment fund also strengthened its position in Global E Online Ltd by buying
1,288,829 additional shares.
This makes their stake in Global E Online Ltd total 14,734,024 shares worth $534 billion.
On the other hand, there are companies that Dragoneer Investment is getting rid of from its portfolio.
Dragoneer Investment closed its position in Ncino on 14th August 2024.
It sold the previously owned 1,771,454 shares for $66.2 billion.
Michael Dimitruk also disclosed a decreased stake in Coupang by 0.1%.
This leaves the value of the investment at $353 billion and 16,862,894 shares.
One of the largest hedge funds
The two most similar investment funds to Dragoneer Investment are Aptus Capital Advisors and Vanguard Personalized Indexing Management. They manage $5.23 trillion and $5.25 trillion respectively.
Michael Dimitruk investment strategy
Dragoneer Investment’s portfolio is diversified across 6 sectors.
Currently, their heaviest sector is Technology — making up 28.8% of
the total portfolio value.
The fund focuses on investments in the United States as
45.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
30% of the total holdings value.
On the other hand, small-cap stocks make up only 3.0% of the portfolio.
The average market cap of the portfolio companies is close to $21.7 billion.
The complete list of Dragoneer Investment trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Global E Online Ltd |
9.59%
14,734,024
|
$534,403,050,000 | 10.21% |
| Atlassian Corporation |
Opened
2,656,057
|
$469,803,362,000 | 8.98% |
| Roblox Corporation |
26.88%
11,745,203
|
$437,039,004,000 | 8.35% |
| Coupang, Inc. |
12.29%
16,862,894
|
$353,277,629,000 | 6.75% |
| PDD Holdings Inc |
142.56%
2,620,838
|
$348,440,412,000 | 6.66% |
| DoorDash Inc |
77.86%
2,847,537
|
$309,755,075,000 | 5.92% |
| Flutter Entmt Plc |
No change
1,683,408
|
$306,986,283,000 | 5.86% |
| ZoomInfo Technologies Inc. |
No change
22,120,065
|
$282,473,230,000 | 5.40% |
| Kanzhun Limited |
16.92%
14,892,201
|
$280,122,301,000 | 5.35% |
| Jamf Hldg Corp |
0.80%
16,387,018
|
$270,385,797,000 | 5.17% |
| Block Inc |
0.47%
3,373,167
|
$217,535,540,000 | 4.16% |
| Duolingo, Inc. |
Opened
981,302
|
$204,768,288,000 | 3.91% |
| Oscar Health, Inc. |
No change
12,725,999
|
$201,325,304,000 | 3.85% |
| Dayforce Inc |
Opened
3,896,644
|
$193,273,542,000 | 3.69% |
| Ccc Intelligent Solutions Hl |
31.49%
15,904,993
|
$176,704,472,000 | 3.38% |
| Nu Hldgs Ltd |
No change
13,211,464
|
$170,295,771,000 | 3.25% |
| Procore Technologies, Inc. |
253.95%
2,243,431
|
$148,761,910,000 | 2.84% |
| Toast, Inc. |
54.08%
3,473,838
|
$89,520,805,000 | 1.71% |
| Ncino, Inc. |
Closed
1,771,454
|
$66,216,951,000 | |
| Rubrik Inc. |
Opened
1,550,000
|
$47,523,000,000 | 0.91% |
| Affirm Holdings, Inc. |
Opened
1,496,824
|
$45,219,053,000 | 0.86% |
| Peloton Interactive Inc |
No change
11,288,305
|
$38,154,471,000 | 0.73% |
| Datadog Inc |
No change
271,800
|
$35,249,742,000 | 0.67% |
| Grab Holdings Limited |
Closed
8,509,619
|
$26,720,204,000 | |
| Astera Labs Inc |
Closed
300,000
|
$22,257,000,000 | |
| Bbb Foods Inc |
Closed
800,000
|
$19,024,000,000 | |
| Ibotta Inc |
Opened
250,000
|
$18,790,000,000 | 0.36% |
| Dynatrace Inc |
92.61%
338,487
|
$15,143,908,000 | 0.29% |
| Klaviyo Inc |
No change
500,000
|
$12,445,000,000 | 0.24% |
| Root, Inc. |
No change
154,320
|
$7,964,455,000 | 0.15% |
| Nextdoor Holdings, Inc. |
No change
2,000,000
|
$5,560,000,000 | 0.11% |
| Maravai Lifesciences Hldgs I |
Opened
750,468
|
$5,373,351,000 | 0.10% |
| Amer Sports Inc |
Closed
300,000
|
$4,890,000,000 | |
| Waystar Hldg Corp |
Opened
200,000
|
$4,300,000,000 | 0.08% |
| Reddit Inc |
No change
30,000
|
$1,916,700,000 | 0.04% |
| Tempus Ai Inc |
Opened
50,000
|
$1,750,000,000 | 0.03% |
| 23andme Holding Co |
No change
500,000
|
$195,600,000 | 0.00% |
| Snowflake Inc. |
No change
500
|
$67,545,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 38 holdings | |||
Hedge funds similar to Dragoneer Investment
- Ceredex Value Advisors
- Meitav Investment House Ltd
- Scge Management, L.P.
- Bristol John W & Co Inc ny/
- Letko, Brosseau & Associates Inc
- Kornitzer Capital Management Inc ks
- Vanguard Personalized Indexing Management
- Aptus Capital Advisors
- Advisors Asset Management
- Louisiana State Employees Retirement System
- Horizon Kinetics Asset Management
- Eminence Capital, L.P.
- Abrams Capital Management, L.P.
- Winder Pte