Deer Management Co. LLC Long-Term Concentrated

CIK: 0001494127 · Show all filings

Period: Q4 2025 (← Previous)

Filing Date: Feb 17, 2026

Total Value ($000): $1,028,746 (100.0% shares, 0.0% debt)

Holdings (8)

Exited Positions (1)

— NEUEHEALTH, INC. 0.6%

Value ($000) $6,665 Shares 999,218 Est. Cost $6.50 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	NEUEHEALTH, INC.	999,218	$6,665	0.6%	$6.50	—	—	10920V404

Decreased Positions (2)

TTAN SERVICETITAN, INC. 60.0%

Value ($000) $617,275 (-2.6%) Shares 5,796,012 (-7.8%) Est. Cost $104.38 Unrealized -6.4%

KYMR KYMERA THERAPEUTICS, INC. 1.7%

Value ($000) $17,959 (-2.6%) Shares 230,811 (-29.2%) Est. Cost $58.25 Unrealized +15.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
TTAN	SERVICETITAN, INC.	5,796,012 (-7.8%)	$617,275 (-2.6%)	60.0%	$104.38	-6.4%	SHS CL A	81764X103
KYMR	KYMERA THERAPEUTICS, INC.	230,811 (-29.2%)	$17,959 (-2.6%)	1.7%	$58.25	+15.9%	COM	501575104

Unchanged Positions (6)

STUB STUBHUB HOLDINGS, INC. 29.0%

Value ($000) $298,181 Shares 22,038,489 Est. Cost $18.34 Unrealized -14.3%

LAW CS DISCO, INC. 6.5%

Value ($000) $67,146 Shares 8,652,826 Est. Cost $44.36 Unrealized -84.1%

GUTS FRACTYL HEALTH, INC. 1.0%

Value ($000) $10,496 Shares 4,770,901 Est. Cost $8.42 Unrealized -80.9%

FVRR FIVERR INTERNATIONAL LTD. 1.1%

Value ($000) $11,094 Shares 561,426 Est. Cost $156.01 Unrealized -86.2%

— SPIRE GLOBAL, INC. 0.5%

Value ($000) $5,350 Shares 713,310 Est. Cost $3.38 Unrealized —

TCRX TSCAN THERAPEUTICS, INC. 0.1%

Value ($000) $1,246 Shares 1,245,504 Est. Cost $7.22 Unrealized -80.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
STUB	STUBHUB HOLDINGS, INC.	22,038,489	$298,181	29.0%	$18.34	-14.3%	CL A	86384P109
LAW	CS DISCO, INC.	8,652,826	$67,146	6.5%	$44.36	-84.1%	COM	126327105
GUTS	FRACTYL HEALTH, INC.	4,770,901	$10,496	1.0%	$8.42	-80.9%	COM	35168W103
FVRR	FIVERR INTERNATIONAL LTD.	561,426	$11,094	1.1%	$156.01	-86.2%	ORD SHS	M4R82T106
—	SPIRE GLOBAL, INC.	713,310	$5,350	0.5%	$3.38	—	COM	848560108
TCRX	TSCAN THERAPEUTICS, INC.	1,245,504	$1,246	0.1%	$7.22	-80.0%	COM	89854M101