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.
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.
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.
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.
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.
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.
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 | |||