Dragoneer Investment Group, LLC

Fundamental concentrated ★Highest signal technology specialist (61%) CIK 1602189
League rank
#621
in Fundamental concentrated · #3635 overall
Long book
$3.00B
Q1 2026
Positions
17
Top-10 weight
94%
concentration
Last quarter
+11.7%
SPY +14.8%
Turnover
43%
of book per quarter

Strategy in plain words

auto-generated from filings

Dragoneer Investment Group, LLC is a concentrated fundamental stock-picker, specialised in technology (61% of the long book), running a $3.00B US long book across 17 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: NVIDIA CORP, COUPANG INC, META PLATFORMS INC-CLASS A, CARVANA CO, GLOBAL-E ONLINE LTD.

Over the last 9 quarters its long book ran on average 3.5pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
-3.1%
Q2 2024
+7.7%
Q3 2024
+13.6%
Q4 2024
-8.5%
Q1 2025
+17.8%
Q2 2025
+0.6%
Q3 2025
-10.2%
Q4 2025
-20.8%
Q1 2026
+11.7%

Sector allocation

Technology
61%
Consumer discretionary
31%
Financials
8%

Long book by quarter

$4.32B
Q1 2024
$5.23B
Q2 2024
$5.75B
Q3 2024
$5.73B
Q4 2024
$4.75B
Q1 2025
$4.90B
Q2 2025
$4.53B
Q3 2025
$4.59B
Q4 2025
$3.00B
Q1 2026

What does Dragoneer Investment own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology3.7M$650.2M21.7%+40.8%
CPNG COUPANG INCConsumer discretionary27.9M$525.9M17.5%+29.1%
META META PLATFORMS INC-CLASS ATechnology712.8K$407.8M13.6%New
CVNA CARVANA COConsumer discretionary1.3M$393.9M13.1%+27.9%
GLBE GLOBAL-E ONLINE LTDTechnology11.1M$342.9M11.4%-2.2%
XYZ BLOCK INCTechnology2.9M$175.6M5.9%-41.4%
SAIL SAILPOINT INCTechnology8.0M$105.9M3.5%Held
CHYM CHIME FINANCIAL INC-CL AFinancials4.3M$80.7M2.7%-49.6%
KLAR KLARNA GROUP PLCFinancials5.8M$76.0M2.5%-29.9%
NU NU HOLDINGS LTD/CAYMAN ISL-AFinancials5.0M$71.2M2.4%Held
TTAN SERVICETITAN INC-ATechnology1.0M$63.5M2.1%Held
CCC CCC INTELLIGENT SOLUTIONS HOTechnology9.2M$55.2M1.8%Held
DDOG DATADOG INC - CLASS ATechnology271.8K$32.1M1.1%Held
ROOT ROOT INC/OH -CLASS AFinancials154.3K$6.8M0.2%Held
WLTH WEALTHFRONT CORPFinancials654.3K$6.1M0.2%Held
OSCR OSCAR HEALTH INC - CLASS AFinancials365.6K$4.2M0.1%-44.4%
GTM ZOOMINFO TECHNOLOGIES INCTechnology670.0K$4.0M0.1%Held

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 15, 202617$3.00B canonicalSEC ↗
Q4 202513F-HRFeb 17, 202627$4.59B canonicalSEC ↗
Q3 202513F-HRNov 14, 202526$4.53B canonicalSEC ↗
Q2 202513F-HRAug 14, 202520$4.90B canonicalSEC ↗
Q1 202513F-HRMay 15, 202522$4.75B canonicalSEC ↗
Q4 202413F-HRFeb 14, 202523$5.73B canonicalSEC ↗
Q3 202413F-HRNov 14, 202424$5.75B canonicalSEC ↗
Q2 202413F-HRAug 14, 202433$5.23B canonicalSEC ↗
Q1 202413F-HRMay 15, 202429$4.32B canonicalSEC ↗