Deer Viii & Co 13F annual report

Deer Viii & Co is an investment fund managing more than $2.15 billion ran by Scott Ring. There are currently 3 companies in Mr. Ring’s portfolio. The largest investments include Procore Technologies and Okta Inc, together worth $2.15 billion.

$2.15 billion Assets Under Management (AUM)

As of 9th August 2021, Deer Viii & Co’s top holding is 15,762,963 shares of Procore Technologies currently worth over $1.35 billion and making up 62.7% of the portfolio value. Relative to the number of outstanding shares of Procore Technologies, Deer Viii & Co owns more than 0.1% of the company. In addition, the fund holds 3,543,920 shares of Okta Inc worth $802 million, whose value fell 17.3% in the past six months. The third-largest holding is Bright Health worth $164 thousand.

Currently, Deer Viii & Co's portfolio is worth at least $2.15 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.

Careers at Deer Viii & Co

The Deer Viii & 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 Viii & Co.

Recent trades

In the most recent 13F filing, Deer Viii & Co revealed that it had opened a new position in Procore Technologies and bought 15,762,963 shares worth $1.35 billion.

One of the largest hedge funds

The two most similar investment funds to Deer Viii & Co are Goldentree Asset Management L.P. and Kls Professional Advisors. They manage $2.15 billion and $2.15 billion respectively.

Scott Ring investment strategy

Deer Viii & Co’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Technology — making up 100.0% 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 67% 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 $17.9 billion.

The complete list of Deer Viii & Co trades based on 13F SEC filings

These positions were updated on August 16th 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.	Opened 15,762,963	$1,347,024,000	62.67%
Okta Inc	Opened 3,543,920	$802,092,000	37.32%
Bright Health Group Inc.	Opened 10,629	$164,000	0.01%
No transactions found
Showing first 500 out of 3 holdings