Deer Management Co is an investment fund managing more than $552 billion ran by Scott Ring. There are currently 12 companies in Mr. Ring’s portfolio. The largest investments include Rocket Lab Usa, Inc. and Okta Inc, together worth $271 billion.
As of 8th May 2024, Deer Management Co’s top holding is 40,738,544 shares of Rocket Lab Usa, Inc. currently worth over $167 billion and making up 30.3% of the portfolio value.
In addition, the fund holds 992,183 shares of Okta Inc worth $104 billion, whose value grew 39.0% in the past six months.
The third-largest holding is CS Disco worth $70.3 billion and the next is Weave Communications worth $68.9 billion, with 6,000,369 shares owned.
Currently, Deer Management Co's portfolio is worth at least $552 billion. 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.
The Deer Management Co office and employees reside in Larchmont, New York. According to the last 13-F report filed with the SEC, Scott Ring serves as the General Counsel at Deer Management Co.
In the most recent 13F filing, Deer Management Co revealed that it had opened a new position in
Fractyl Health, Inc. and bought 4,770,901 shares worth $35.3 billion.
On the other hand, there are companies that Deer Management Co is getting rid of from its portfolio.
Deer Management Co closed its position in Procore Technologies on 15th May 2024.
It sold the previously owned 3,118,891 shares for $216 billion.
Scott Ring also disclosed a decreased stake in Okta Inc by approximately 0.1%.
This leaves the value of the investment at $104 billion and 992,183 shares.
The two most similar investment funds to Deer Management Co are Fine Capital Partners, L.P. and Y.d. More Investments Ltd. They manage $552 billion and $552 billion respectively.
Deer Management Co’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Technology — making up 44.1% of
the total portfolio value.
The fund focuses on investments in the United States as
33.3% 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
8% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.96 billion.
These positions were updated on May 15th 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 |
|---|---|---|---|
| Procore Technologies, Inc. |
Closed
3,118,891
|
$215,889,635,000 | |
| Rocket Lab Usa, Inc. |
No change
40,738,544
|
$167,435,416,000 | 30.35% |
| Okta Inc |
4.57%
992,183
|
$103,802,185,000 | 18.82% |
| CS Disco, Inc. |
No change
8,652,826
|
$70,347,475,000 | 12.75% |
| Weave Communications, Inc. |
15.93%
6,000,369
|
$68,884,236,000 | 12.49% |
| Fractyl Health, Inc. |
Opened
4,770,901
|
$35,304,667,000 | 6.40% |
| Rigetti Computing, Inc. |
No change
21,582,218
|
$33,020,794,000 | 5.99% |
| Velo3d, Inc. |
No change
37,864,240
|
$17,250,948,000 | 3.13% |
| Kymera Therapeutics, Inc. |
32.47%
415,895
|
$16,718,979,000 | 3.03% |
| Fiverr International Ltd |
No change
561,426
|
$11,829,246,000 | 2.14% |
| Spire Global, Inc. |
1.81%
893,310
|
$10,719,720,000 | 1.94% |
| Tscan Therapeutics, Inc. |
0.00%
1,245,504
|
$9,889,302,000 | 1.79% |
| Bright Health Group Inc. |
Closed
999,218
|
$7,624,034,000 | |
| Neuehealth, Inc. |
Opened
999,218
|
$6,494,918,000 | 1.18% |
| Tigo Energy, Inc. |
Closed
305,811
|
$639,145,000 | |
| No transactions found | |||
| Showing first 500 out of 15 holdings | |||