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.
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.
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.
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.
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.
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.
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 | |||