Deer Ix & Co 13F annual report

Deer Ix & Co is an investment fund managing more than $1.33 billion ran by Scott Ring. There are currently 3 companies in Mr. Ring’s portfolio. The largest investments include Bright Health and Kymera Therapeutics, together worth $1.28 billion.

$1.33 billion Assets Under Management (AUM)

As of 9th August 2021, Deer Ix & Co’s top holding is 79,302,843 shares of Bright Health currently worth over $1.22 billion and making up 92.0% of the portfolio value. Relative to the number of outstanding shares of Bright Health, Deer Ix & Co owns more than 0.1% of the company. In addition, the fund holds 1,235,308 shares of Kymera Therapeutics worth $59.9 million, whose value fell 11.2% in the past six months. The third-largest holding is Ncino worth $46.8 million.

Currently, Deer Ix & Co's portfolio is worth at least $1.33 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 Ix & Co

The Deer Ix & 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 Ix & Co.

Recent trades

In the most recent 13F filing, Deer Ix & Co revealed that it had opened a new position in Bright Health and bought 79,302,843 shares worth $1.22 billion.

On the other hand, Scott Ring disclosed a decreased stake in Kymera Therapeutics by 0.3%. This leaves the value of the investment at $59.9 million and 1,235,308 shares.

One of the average hedge funds

The two most similar investment funds to Deer Ix & Co are Oakmont Corp and Mcdonald Capital Investors Inc/ca. They manage $1.33 billion and $1.33 billion respectively.

Scott Ring investment strategy

Deer Ix & Co’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Health Care — making up 96.5% of the total portfolio value. The fund focuses on investments in the United States as 66.7% 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 approximately 0.1% 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 $4.59 billion.

The complete list of Deer Ix & 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
Bright Health Group Inc.	Opened 79,302,843	$1,224,753,000	91.98%
Kymera Therapeutics, Inc.	25.60% 1,235,308	$59,912,000	4.50%
Ncino, Inc.	No change 781,250	$46,813,000	3.52%
No transactions found
Showing first 500 out of 3 holdings