Deer Management
LARCHMONT, NYfiles as Deer Management Co. LLC
$812m in 9 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 50.2% of the portfolio this quarter.
Value
$812m
Stocks
9
Top 10 share
100.0%
Turnover
50.2%
What changed this quarter
New
Bought for the first time this quarter.
- Xanadu Quantum TechnologiesXNDU34.0% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Hinge HealthHNGE19.5% of the fund-28%
- ServiceTitanTTAN3.9% of the fund-10%
- Spire GlobalSPIR1.2% of the fund-25%
Sold out
Sold their entire stake.
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| StubHub HoldingsSTUB | 34.9% | $284m | 22,038,489 | Held |
| Xanadu Quantum TechnologiesXNDU | 34.0% | $276m | 22,785,156 | New |
| Hinge HealthHNGE | 19.5% | $158m | 1,908,707 | -28% |
| CS DiscoLAW | 4.0% | $33m | 8,652,826 | Held |
| ServiceTitanTTAN | 3.9% | $32m | 4,568,064 | -10% |
| Kymera TherapeuticsKYMR | 1.8% | $14m | 125,895 | Held |
| Spire GlobalSPIR | 1.2% | $10m | 538,310 | -25% |
| Fractyl HealthGUTS | 0.5% | $4m | 4,770,901 | Held |
| TScan TherapeuticsTCRX | 0.2% | $1m | 1,245,504 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 35.4% since 30 June 2025.
Where the money is
Technology61.4%
Retail & consumer34.9%
Health care2.4%
Media & telecom1.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.