DM
Deer Management Co. LLC: 13F Stock Holdings & Portfolio (Q2 2026)
Deer Management Co. LLCCIK: 0001494127
High-turnover traderConcentrated strategySector-focused
Total reported value
$812.2M
Reporting period: 2026-06-30 · Number of holdings: 10
Deer Management Co. LLC disclosed 10 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $812.2M and a quarterly turnover rate of 108.9%.
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Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 100
- Momentum
- 0
- Sector conviction
- 100
- Diversification
- 18
- Sizing Uniformity
- 86.96
Deer Management Co. LLC's disclosed holdings carry a Herfindahl concentration index of 0.279 — mathematically equivalent to about 4 equally-sized positions, well below its 10 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 1.30), with a handful of outsized bets alongside many smaller positions.
Recent activity leans toward initiating meaningfully larger new positions than it adds to existing ones (a 34.0 percentage-point tilt) — a pattern consistent with a more contrarian, new-idea-driven approach.
Sector classification currently covers about 4% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govTrim TTAN
-9.9% -$289.6M
New buy XNDU
Add STUB
0.0% $146.1M
Add HNGE
-27.5% $56.9M
Trim LAW
0.0% -$346.1K
Sold out FVRR
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 9 holdings (of 10 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | STUB | Stubhub Holdings Inc-class A | Stock-Other | 34.92% | +12.82% | — | |
| 2 | XNDU | Xanadu Quantum Technolo-cl B | Stock-Other | 33.97% | +33.97% | NEW | |
| 3 | HNGE | Hinge Health Inc-a | Stock-Other | 19.51% | +3.19% | -27.53% | |
| 4 | LAW | Cs Disco Inc | Stock-Other | 4.03% | -1.28% | — | |
| 5 | TTAN | Servicetitan Inc-a | Stock-Tech | 3.94% | -47.74% | -9.87% | |
| 6 | KYMR | Kymera Therapeutics Inc | Stock-Other | 1.78% | +0.10% | — | |
| 7 | NSHEUR | Spire Global Inc | Stock-Other | 1.23% | -0.21% | -24.53% | |
| 8 | GUTS | Fractyl Health Inc | Stock-Other | 0.47% | +0.12% | — | |
| 9 | TCRX | Tscan Therapeutics Inc | Stock-Other | 0.15% | -0.05% | — |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Portfolio Performance
Performance for Q3 2026
+19.6%
Performance Last 4 Quarters
-16%
- Stdev
- +71.9%
- Beta
- +1.97
- Alpha
- +13.4%
- Max Drawdown
- -46.2%
- Annualized Perf
- +39%
- Batting Avg vs S&P
- +47.2%
- Sortino
- +1.85
- Stutzer
- +0.24
- Treynor
- +0.27
- Sterling
- +0.99
- Calmar
- +0.84
- Information Ratio
- +0.48
- Tracking Error
- +68.3%
- Stdev Down
- +28.6%
- Winning Months %
- +55.6%
- Losing Months %
- +44.4%
- Best 12 Months
- +251.6%
- Worst 12 Months
- -35.7%
- Efficiency Ratio
- +0.36
- Sharpe
- +0.74
- Stdev Sectors
- 0%
- Skewness
- +2.58
- Kurtosis
- +10.29
- Upside Potential
- +3.62
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 10 | $812.2M | 100 | ||
| 2026 Q1 | 10 | $622.3M | 75 | ||
| 2025 Q4 | 9 | $1.0B | 11 | ||
| 2025 Q3 | 12 | $1.1B | 65 | ||
| 2025 Q2 | 11 | $1.3B | 0 | ||
| 2025 Q1 | 11 | $1.1B | 0 | ||
| 2024 Q4 | 12 | $1.3B | 0 | ||
| 2024 Q3 | 13 | $630.0M | 0 | ||
| 2024 Q2 | 14 | $486.1M | 0 | ||
| 2024 Q1 | 14 | $551.7M | 0 | ||
| 2023 Q4 | 15 | $772.8M | 0 | ||
| 2023 Q3 | 16 | $820.5M | 0 | ||
| 2023 Q2 | 17 | $1.1B | 0 | ||
| 2023 Q1 | 18 | $1.1B | 0 | ||
| 2022 Q4 | 19 | $1.1B | 0 | ||
| 2022 Q3 | 19 | $1.4B | 0 | ||
| 2022 Q2 | 18 | $1.5B | 0 | ||
| 2022 Q1 | 19 | $2.9B | 0 | ||
| 2021 Q4 | 19 | $3.9B | 0 |
Holding changes this quarter
Deer Management Co. LLC's most significant position changes for 2026-06-30: New buy: Xanadu Quantum Technolo-cl B (XNDU); Sold out: Fiverr International Ltd. (FVRR); Trim: Servicetitan Inc-a (TTAN) — shares -9.87%; Trim: Hinge Health Inc-a (HNGE) — shares -27.53%; Trim: Spire Global Inc (NSHEUR) — shares -24.53%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | XNDU | Xanadu Quantum Technolo-cl B | +34% | NEW | New buy |
| 2 | STUB | Stubhub Holdings Inc-class A | +12.8% | — | Unchanged |
| 3 | HNGE | Hinge Health Inc-a | +3.2% | -27.53% | Trim |
| 4 | GUTS | Fractyl Health Inc | +0.1% | — | Unchanged |
| 5 | KYMR | Kymera Therapeutics Inc | +0.1% | — | Unchanged |
| 6 | TCRX | Tscan Therapeutics Inc | -0.1% | — | Unchanged |
| 7 | NSHEUR | Spire Global Inc | -0.2% | -24.53% | Trim |
| 8 | FVRR | Fiverr International Ltd. | -0.9% | EXIT | Sold out |
| 9 | LAW | Cs Disco Inc | -1.3% | — | Unchanged |
| 10 | TTAN | Servicetitan Inc-a | -47.7% | -9.87% | Trim |
Filing History
FAQ
What is Deer Management Co. LLC and what type of investor is it?
Deer Management Co. LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $812.2M, spread across 10 disclosed positions.
What are Deer Management Co. LLC's largest equity positions?
Based on the latest 13F filing, Deer Management Co. LLC's top holdings by market value are:
1. Stubhub Holdings Inc-class A (STUB) — $283.6M (34.9%)
2. Xanadu Quantum Technolo-cl B (XNDU) — $275.9M (34.0%)
3. Hinge Health Inc-a (HNGE) — $158.4M (19.5%)
4. Cs Disco Inc (LAW) — $32.7M (4.0%)
5. Servicetitan Inc-a (TTAN) — $32.0M (3.9%)
What changes did Deer Management Co. LLC make in its most recent portfolio filing?
In the latest reported quarter, Deer Management Co. LLC made 5 notable position adjustments: 1 new positions were initiated, 0 existing holdings were added to, 3 positions were partially reduced, and 1 were completely exited. The largest of these moves: New buy: Xanadu Quantum Technolo-cl B (XNDU); Sold out: Fiverr International Ltd. (FVRR); Trim: Servicetitan Inc-a (TTAN) — shares -9.87%; Trim: Hinge Health Inc-a (HNGE) — shares -27.53%; Trim: Spire Global Inc (NSHEUR) — shares -24.53%
What sectors does Deer Management Co. LLC focus on?
Deer Management Co. LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 100.0%
Investment Profile
Deer Management Co. LLC returned an annualized 39.0% over the trailing 36 months — outperforming the S&P 500 by 13.4 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 1.97 (more volatile than the market) and a 47% quarterly batting average against the index.
Its portfolio is concentrated and fast-trading, with 100.0% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 100 over the past 4 quarters — a shift toward more active trading.
It has added to its NSHEUR position over the past two quarters (+$4.7M, now $10.0M), while trimming TTAN over the same stretch (-$585.3M, still holding $32.0M).
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Developer Access
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REST API
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