Capricorn Fund Managers Ltd

CIK

1901361

Location

LONDON, X0

Portfolio Value

Micro $47,778,870

Diversification

Diversified

Filing Date

Global Rank

#2,294 / 8,586 ▲ 797

Top Industry

Asset Management 8.6%

3Y Alpha vs SPY

-4.9%

Period ended 3 months ago

Filed Apr 24, 2026 · 53d

18 quarters · since Dec 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+57.9%

SPY

+78.1%

Annualised alpha

-4.8%

Max drawdown

−22.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

110 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

4.7%

−2.4 pts

Top 5

19.4%

−5.9 pts

Top 10

33.6%

−5.5 pts

HHI

200

Diversified−65

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	31.2%	$198,855,405	31
Financial Services	20.4%	$130,013,436	16
Consumer Cyclical	17.4%	$110,730,687	20
Consumer Defensive	8.2%	$52,246,264	13
Technology	7.5%	$47,778,870	6
Industrials	6.2%	$39,677,553	8
Communication Services	5.8%	$37,235,009	5
Utilities	1.4%	$8,827,986	1
Basic Materials	1.0%	$6,155,581	3
Energy	0.6%	$4,066,399	6
Unclassified	0.2%	$1,152,600	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

23 positions

Ticker	Company	Δ Shares	Shares	Value
BAC	Bank Of America Corp /De/	+511,535	537,000	$26,178,750
FOLD	AMICUS THERAPEUTICS, INC.	+323,405	534,079	$7,722,782
LUXE	LuxExperience B.V.	+268,263	1,023,172	$8,185,376
AS	Amer Sports, Inc.	+162,200	185,000	$6,090,200
REAL	TheRealReal, Inc.	+155,833	548,730	$4,982,468
KSPI	Joint Stock Co Kaspi.kz	+101,900	118,900	$8,806,923
PAHC	Phibro Animal Health Corp	+82,944	267,045	$14,770,258
BETA	BETA Technologies, Inc.	+63,696	83,696	$1,230,331
TXNM	Txnm Energy Inc	+62,480	151,009	$8,827,986
KARO	Karooooo Ltd.	+40,268	278,346	$13,872,764
BN	BROOKFIELD Corp /ON/	+39,388	67,500	$2,731,725
EA	Electronic Arts Inc.	+37,349	75,898	$15,473,325
NSC	Norfolk Southern Corp	+36,117	61,117	$17,540,579
PEP	Pepsico Inc	+27,364	53,530	$8,312,673
GTLS	Chart Industries Inc	+23,606	56,989	$11,782,475
APO	Apollo Global Management, Inc.	+21,307	51,000	$5,682,420
BRK-B	Berkshire Hathaway Inc	+10,614	22,468	$10,766,665
BTSG	BrightSpring Health Services, Inc.	+6,196	106,196	$4,525,011
META	Meta Platforms, Inc.	+4,481	13,500	$7,723,755
TARS	Tarsus Pharmaceuticals, Inc.	+4,018	26,000	$1,823,900
MSFT	Microsoft Corp	+3,610	32,343	$11,972,408
PFE	Pfizer Inc	+161	165,730	$4,653,698
GOOGL	Alphabet Inc.	+1	31,067	$8,933,626
No positions match the current search.

Trimmed

Positions the filer reduced

15 positions

Ticker	Company	Δ Shares	Shares	Value
WAY	Waystar Holding Corp.	−692,554	45,709	$1,102,043
ROIV	Roivant Sciences Ltd.	−425,500	20,000	$554,000
TEX	Terex Corp	−86,090	43,910	$2,595,081
KGS	Kodiak Gas Services, Inc.	−59,971	40,029	$2,334,491
GKOS	GLAUKOS Corp	−57,200	2,800	$301,448
WBD	Warner Bros. Discovery, Inc.	−55,729	107,939	$2,964,004
ALAB	Astera Labs, Inc.	−44,311	5,689	$623,514
AXTA	Axalta Coating Systems Ltd.	−34,484	45,516	$1,260,793
LOAR	Loar Holdings Inc.	−24,673	45,327	$2,596,783
BORR	Borr Drilling Ltd	−20,000	90,000	$519,300
ZYME	Zymeworks Inc.	−15,630	1,007,210	$25,220,538
IBIT	iShares Bitcoin Trust ETF	−4,601	30,000	$1,152,600
V	Visa Inc.	−3,089	19,555	$5,910,303
AMZN	Amazon Com Inc	−3,002	44,648	$9,298,838
LIN	Linde PLC	−2,146	5,968	$2,958,695
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
CVNA	Carvana Co.	95,000	$29,866,100
AXGN	Axogen, Inc.	687,600	$22,780,188
KKR	KKR & Co. Inc.	212,000	$19,610,000
NVST	Envista Holdings Corp	746,200	$18,931,094
KWY	KINGSWAY Corp	1,784,893	$18,616,433
ADPT	Adaptive Biotechnologies Corp	1,291,773	$17,929,809
SKIN	SkinHealth Systems Inc.	19,404,192	$17,269,730
PRI	Primerica, Inc.	68,041	$17,042,909
ELVN	Enliven Therapeutics, Inc.	369,400	$14,480,480
BLND	Blend Labs, Inc.	6,499,507	$11,049,161
LQDA	Liquidia Corp	247,405	$9,337,064
BTI	British American Tobacco p.l.c.	147,000	$8,595,090
HOOD	Robinhood Markets, Inc.	123,500	$8,558,550
A	Agilent Technologies, Inc.	71,600	$8,160,968
ALGN	Align Technology Inc	47,400	$8,125,782
TROW	Price T Rowe Group Inc	83,475	$7,524,436
SN	SharkNinja, Inc.	64,000	$6,777,600
ABBV	AbbVie Inc.	27,397	$5,958,573
MXCT	Maxcyte, Inc.	8,200,000	$5,764,600
ROST	Ross Stores, Inc.	23,000	$4,982,490
HOLX	HOLOGIC INC	64,869	$4,903,447
EAT	Brinker International, Inc	34,000	$4,854,180
ONON	On Holding AG	139,571	$4,748,205
RL	Ralph Lauren Corp	13,280	$4,568,187
COCO	Vita Coco Company, Inc.	95,000	$4,551,450
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
GPCR	Structure Therapeutics Inc.	252,600	$17,568,330
NUVB	Nuvation Bio Inc.	1,588,854	$14,236,131
GH	Guardant Health, Inc.	107,787	$11,009,364
EXAS	EXACT SCIENCES CORP	96,685	$9,819,328
BLFS	Biolife Solutions Inc	378,550	$9,153,339
SHC	Sotera Health Co	449,900	$7,936,236
OS	OneStream, Inc.	380,000	$6,984,400
HQY	Healthequity, Inc.	75,602	$6,925,899
TERN	Terns Pharmaceuticals, Inc.	151,436	$6,118,014
KVUE	Kenvue Inc.	282,485	$4,872,866
APP	AppLovin Corp	6,000	$4,042,920
UNP	Union Pacific Corp	16,890	$3,906,994
MDGL	Madrigal Pharmaceuticals, Inc.	6,600	$3,843,444
OXY	Occidental Petroleum Corp /De/	76,877	$3,161,182
CWAN	Clearwater Analytics Holdings, Inc.	124,611	$3,005,617
TDG	TransDigm Group INC	2,000	$2,659,700
CVX	Chevron Corp	16,363	$2,493,884
CHWY	Chewy, Inc.	65,948	$2,179,581
JAZZ	Jazz Pharmaceuticals plc	10,000	$1,700,000
TSHA	Taysha Gene Therapies, Inc.	300,000	$1,650,000
SCHW	Schwab Charles Corp	15,506	$1,549,204
UBER	Uber Technologies, Inc	16,843	$1,376,241
PYPL	PayPal Holdings, Inc.	20,162	$1,177,057
DIS	Walt Disney Co	10,332	$1,175,471
CCEP	COCA-COLA EUROPACIFIC PARTNERS plc	12,600	$1,142,820
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $47,778,870 total · Technology only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
KARO	Karooooo Ltd. Technology	Added	278,346	+40,268	$13,872,764	+28.1%	29.04%
MSFT	Microsoft Corp Technology	Added	32,343	+3,610	$11,972,408	−13.8%	25.06%
BLND	Blend Labs, Inc. Technology	NEW	6,499,507	NEW	$11,049,161	NEW	23.13%
KSPI	Joint Stock Co Kaspi.kz Technology	Added	118,900	+101,900	$8,806,923	+563.1%	18.43%
PATH	UiPath, Inc. Technology	NEW	131,000	NEW	$1,454,100	NEW	3.04%
ALAB	Astera Labs, Inc. Technology	Reduced	5,689	-44,311	$623,514	−92.5%	1.30%