Dragoneer Investment Group 13F: Q2 2026 Portfolio — $2.83B Across 12 Positions

Dragoneer Investment Group · Marc Stad · Q2 2026

New high-conviction bets in space and semiconductors drive a sharper concentration into a few names

Reported value

$2.83B

Filed 2026-08-14

Positions

Quarter ended 2026-06-30

Top 10 weight

98.5%

New5Added0Trimmed2Exited10View the SEC filing

Form 13F reports long US-listed positions only, up to 45 days after quarter end. It excludes shorts, cash, and non-US holdings, so the live book can differ.

Dragoneer Investment Group reported a $2.83B US-listed portfolio in its Q2 2026 Form 13F, filed with the SEC on 2026-08-14 for the quarter ended 2026-06-30. The book holds 12 positions, led by Space Exploration Techn at 48.2% of reported value; the top three together account for 78%. Against the Q1 2026 filing, the manager opened 5 new positions, added to 0, trimmed 2, and exited 10.

Top 12 holdings

Portfolio allocation

Space Exploration TechnSPCX48.2%
Advanced Micro DevicesAMD19.4%
AmazonAMZN10.7%
InnioINIO4.0%
Klarna GroupKLAR3.5%
Cerebras SystemsCBRS3.1%
Chime FinlCHYM3.1%
ServicetitanTTAN2.5%
Nu HldgsNU2.3%
Ccc Intelligent Solutions HlCCCS1.7%
Other holdings1.6%

Share of reported 13F value

#	Holding	Action	Weight	Value	Shares vs prior quarter
1	Space Exploration TechnSPCX	New	48.2%	$1.37B	New
2	Advanced Micro DevicesAMD	New	19.4%	$548M	New
3	AmazonAMZN	New	10.7%	$303M	New
4	InnioINIO	New	4.0%	$113M	New
5	Klarna GroupKLAR	Trimmed	3.5%	$98.3M	-16.3%
6	Cerebras SystemsCBRS	New	3.1%	$88.4M	New
7	Chime FinlCHYM	Unchanged	3.1%	$88.2M	0.0%
8	ServicetitanTTAN	Unchanged	2.5%	$70.8M	0.0%
9	Nu HldgsNU	Unchanged	2.3%	$66.2M	0.0%
10	Ccc Intelligent Solutions HlCCCS	Unchanged	1.7%	$47.5M	0.0%
11	Global E OnlineGLBE	Trimmed	1.3%	$35.4M	-90.8%
12	RootROOT	Unchanged	0.3%	$8.63M	0.0%

Values and share counts as reported for 2026-06-30; weights are share of reported 13F value.

Actions compare share counts against the prior quarter's filing, so they do not move with price.

New positions and exits

New positions

Closed out

Read on the quarter

What the moves add up to

Dragoneer Investment Group’s Q2 2026 adds five new positions, with the portfolio’s weight heavily concentrated in the top holdings: the top 10 account for 98.4% of total value. The most consequential shift is the fresh, dominant allocation to Space Exploration Techn at 48.22% of the portfolio, alongside two other new large weights—Advanced Micro Devices at 19.35% and Amazon at 10.69%—which together reinforce a concentrated, high-conviction structure.

The second layer of the rotation is participation in compute and infrastructure themes through Cerebras Systems (new, 3.12%) and Innio (new, 3.98%). At the same time, the activity shows trimming and de-risking at the edges: Klarna Group was trimmed (weight 3.47% with a -16.3 change cited) and Global E Online was trimmed more aggressively (weight 1.25% with a -90.8 change cited). Multiple positions were fully exited—most notably Nvidia and Coupang, among others—while the remaining smaller set of holdings was largely held steady (for example, Chime Finl, Servicetitan, Nu Hldgs, and Ccc Intelligent Solutions Hl).

Context

How to read this filing

A Form 13F is a quarterly snapshot institutional managers with over $100M in US-listed assets must file within 45 days of quarter end. It shows long equity positions only: no short book, no cash, no non-US listings, no timing inside the quarter. Treat it as a delayed map of where the manager's conviction sat on the reporting date — not a live portfolio, and not a buy list.

Positions may have changed since the reporting date. Weight changes also reflect price moves, not only buying or selling — the action tags on this page are derived from share counts, which do not move with price.