Capricorn Fund Managers Ltd

13F filer · CIK 0001901361

Reported Jul 24, 2026

Net buyer this quarter

13F portfolio value$1.27BU.S. long equity reported on 13F

Positions16794 new · 38 closed

Net flow last quarter+$541MBuys minus sells

Top 10 positions weight27.0%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 24, 2026167 positions
LPLALPL Financial Holdings Inc.	$54.9M	4.33%	0.24%	New	Q2 2026
KKRKKR & Co. Inc.	$42.2M	3.33%	0.05%	+117.0%	Q1 2026
BPBP PLC	$36.4M	2.87%	Not reported	Not reported	Q1 2022
SHELShell plc	$35.6M	2.81%	0.01%	Not reported	Q1 2022
APPAppLovin Corp	$31.6M	2.49%	0.02%	Not reported	Q4 2025
CVNACarvana Co.	$31.3M	2.46%	Not reported	Not reported	Q1 2026
BRUNBoost Run Inc.	$29.1M	2.29%	75000000.00%	New	Q2 2026
INGING Groep NV	$28.2M	2.23%	0.03%	Not reported	Q3 2023
BTIBritish American Tobacco p.l.c.	$26.9M	2.12%	0.02%	+196.1%	Q1 2025
BACBank of America Corp	$26.1M	2.05%	0.01%	-14.8%	Q1 2022
BKDBrookdale Senior Living Inc.	$25.3M	1.99%	0.66%	New	Q2 2026
AMGAffiliated Managers Group, Inc.	$23.4M	1.84%	0.26%	New	Q2 2026
GSKGSK plc	$22.4M	1.76%	0.01%	New	Q2 2026
NRGNRG Energy, Inc.	$22.1M	1.74%	0.07%	New	Q2 2026
AXGNAxogen, Inc.	$21.5M	1.69%	0.87%	-32.4%	Q1 2026
TSMTaiwan Semiconductor Manufacturing Co Ltd	$21.1M	1.66%	0.00%	New	Q2 2026
RDDTReddit, Inc.	$20.8M	1.64%	Not reported	New	Q2 2026
BLNDBlend Labs, Inc.	$19.3M	1.53%	4.78%	+74.1%	Q1 2026
TVTXTravere Therapeutics, Inc.	$18.3M	1.44%	0.34%	New	Q2 2026
AVGOBroadcom Inc.	$17.9M	1.41%	0.00%	Not reported	Q2 2023
TROWPrice T Rowe Group Inc	$17.7M	1.39%	0.07%	+86.0%	Q1 2026
FDSFactset Research Systems Inc	$17.1M	1.35%	0.21%	New	Q2 2026
KAROKarooooo Ltd.	$15.8M	1.24%	1.03%	+14.7%	Q4 2024
SKINSkinHealth Systems Inc.	$15.4M	1.22%	17.12%	+14.8%	Q1 2026
RIORio Tinto PLC	$15.2M	1.20%	0.01%	New	Q2 2026
KWYKINGSWAY Corp	$14.7M	1.16%	4.93%	-21.0%	Q1 2026
LQDALiquidia Corp	$14.5M	1.15%	0.20%	-26.4%	Q1 2026
SESea Ltd	$14.4M	1.13%	0.08%	Not reported	Q3 2023
ROPRoper Technologies Inc	$14.2M	1.12%	0.04%	New	Q2 2026
SNSharkNinja, Inc.	$13.4M	1.06%	0.06%	+37.5%	Q4 2024
ZYMEZymeworks Inc.	$12.7M	1.00%	0.68%	-51.7%	Q4 2025
VSTVistra Corp.	$12.7M	1.00%	0.02%	New	Q2 2026
LFTOLiftoff Mobile, Inc.	$12.2M	0.96%	0.30%	New	Q2 2026
MSFTMicrosoft Corp	$12.1M	0.95%	0.00%	Not reported	Q4 2021
MIRMMirum Pharmaceuticals, Inc.	$11.9M	0.93%	0.16%	New	Q2 2026
BRK.BBerkshire Hathaway Inc	$11.2M	0.89%	Not reported	Not reported	Q1 2022
GOOGLAlphabet Inc.	$11.1M	0.88%	0.00%	Not reported	Q4 2021
AMZNAmazon Com Inc	$10.6M	0.84%	0.00%	Not reported	Q2 2022
WPPWPP plc	$10.5M	0.83%	0.06%	Not reported	Q1 2022
NWGNatWest Group plc	$10.4M	0.82%	Not reported	Not reported	Q1 2022
KSPIJoint Stock Co Kaspi.kz	$10.3M	0.81%	0.06%	Not reported	Q1 2024
ASAmer Sports, Inc.	$10.2M	0.80%	0.05%	+62.2%	Q4 2024
COFCapital One Financial Corp	$10.1M	0.80%	0.01%	New	Q2 2026
MXCTMaxcyte, Inc.	$10.1M	0.79%	7.73%	Not reported	Q1 2026
SYYSysco Corp	$10M	0.79%	0.03%	New	Q2 2026
NVSTEnvista Holdings Corp	$8.41M	0.66%	0.20%	-57.3%	Q1 2026
FRMIFermi Inc.	$8.02M	0.63%	0.14%	New	Q2 2026
FIVEFive Below, Inc	$7.64M	0.60%	0.08%	+240.0%	Q4 2024
METAMeta Platforms, Inc.	$7.6M	0.60%	Not reported	Not reported	Q4 2021
MLTXMoonLake Immunotherapeutics	$7.29M	0.57%	0.51%	New	Q2 2026

Q1 2026Reported Apr 24, 2026111 positions
CVNACarvana Co.	$29.9M	4.66%	Not reported	New	Q1 2026
BACBank of America Corp	$26.2M	4.08%	0.01%	+2008.8%	Q1 2022
ZYMEZymeworks Inc.	$25.2M	3.93%	1.38%	-1.5%	Q4 2025
AXGNAxogen, Inc.	$22.8M	3.55%	1.29%	New	Q1 2026
KKRKKR & Co. Inc.	$19.6M	3.06%	0.02%	New	Q1 2026
NVSTEnvista Holdings Corp	$18.9M	2.95%	0.46%	New	Q1 2026
KWYKINGSWAY Corp	$18.6M	2.90%	6.24%	New	Q1 2026
ADPTAdaptive Biotechnologies Corp	$17.9M	2.80%	0.81%	New	Q1 2026
NSCNorfolk Southern Corp	$17.5M	2.73%	0.03%	+144.5%	Q4 2025
SKINSkinHealth Systems Inc.	$17.3M	2.69%	15.03%	New	Q1 2026
PRIPrimerica, Inc.	$17M	2.66%	0.22%	New	Q1 2026
EAElectronic Arts Inc.	$15.5M	2.41%	Not reported	+96.9%	Q4 2025
PAHCPhibro Animal Health Corp	$14.8M	2.30%	0.39%	+45.1%	Q3 2025
ELVNEnliven Therapeutics, Inc.	$14.5M	2.26%	0.61%	New	Q1 2026
KAROKarooooo Ltd.	$13.9M	2.16%	0.90%	+16.9%	Q4 2024
MSFTMicrosoft Corp	$12M	1.87%	0.00%	+12.6%	Q4 2021
GTLSChart Industries Inc	$11.8M	1.84%	0.12%	+70.7%	Q4 2025
BLNDBlend Labs, Inc.	$11M	1.72%	2.63%	New	Q1 2026
BRK.BBerkshire Hathaway Inc	$10.8M	1.68%	Not reported	+89.5%	Q1 2022
LQDALiquidia Corp	$9.34M	1.46%	0.28%	New	Q1 2026
AMZNAmazon Com Inc	$9.3M	1.45%	0.00%	-6.3%	Q2 2022
GOOGLAlphabet Inc.	$8.93M	1.39%	0.00%	0.0%	Q4 2021
TXNMTXNM Energy Inc	$8.83M	1.38%	0.14%	+70.6%	Q4 2025
KSPIJoint Stock Co Kaspi.kz	$8.81M	1.37%	0.06%	+599.4%	Q1 2024
BTIBritish American Tobacco p.l.c.	$8.6M	1.34%	0.01%	Not reported	Q1 2025
HOODRobinhood Markets, Inc.	$8.56M	1.33%	0.05%	New	Q1 2026
PEPPepsico Inc	$8.31M	1.30%	0.00%	+104.6%	Q4 2021
AAgilent Technologies, Inc.	$8.16M	1.27%	0.03%	New	Q1 2026
LUXELuxExperience B.V.	$8.15M	1.27%	0.75%	+35.5%	Q4 2024
ALGNAlign Technology Inc	$8.13M	1.27%	0.07%	New	Q1 2026
METAMeta Platforms, Inc.	$7.72M	1.20%	Not reported	+49.7%	Q4 2021
FOLDAmicus Therapeutics, Inc.	$7.72M	1.20%	0.17%	+153.5%	Q4 2025
TROWPrice T Rowe Group Inc	$7.52M	1.17%	0.04%	New	Q1 2026
SNSharkNinja, Inc.	$6.78M	1.06%	0.05%	Not reported	Q4 2024
ASAmer Sports, Inc.	$6.09M	0.95%	0.03%	+711.4%	Q4 2024
ABBVAbbVie Inc.	$5.96M	0.93%	0.00%	Not reported	Q4 2023
VVisa Inc.	$5.91M	0.92%	0.00%	-13.6%	Q2 2022
MXCTMaxcyte, Inc.	$5.76M	0.90%	7.65%	New	Q1 2026
APOApollo Global Management, Inc.	$5.68M	0.89%	0.01%	+71.8%	Q2 2024
ROSTRoss Stores, Inc.	$4.98M	0.78%	0.01%	New	Q1 2026
REALTheRealReal, Inc.	$4.98M	0.78%	0.46%	+39.7%	Q1 2022
HOLXHologic Inc	$4.9M	0.76%	0.03%	New	Q1 2026
EATBrinker International, Inc	$4.85M	0.76%	0.08%	New	Q1 2026
QSRRestaurant Brands International Inc.	$4.81M	0.75%	0.02%	Not reported	Q1 2025
ONONOn Holding AG	$4.75M	0.74%	0.05%	Not reported	Q4 2024
PFEPfizer Inc	$4.65M	0.73%	0.00%	+0.1%	Q4 2021
RLRalph Lauren Corp	$4.57M	0.71%	Not reported	Not reported	Q2 2025
COCOVita Coco Company, Inc.	$4.55M	0.71%	0.17%	Not reported	Q2 2025
BTSGBrightSpring Health Services, Inc.	$4.53M	0.71%	0.06%	+6.2%	Q4 2025
MASIMasimo Corp	$4.06M	0.63%	0.04%	New	Q1 2026

Q4 2025Reported Jan 21, 202678 positions
ZYMEZymeworks Inc.	$26.9M	6.49%	1.37%	New	Q4 2025
WAYWaystar Holding Corp.	$24.2M	5.83%	0.39%	+46.2%	Q3 2025
GPCRStructure Therapeutics Inc.	$17.6M	4.23%	0.12%	New	Q4 2025
NUVBNuvation Bio Inc.	$14.2M	3.43%	0.46%	New	Q4 2025
MSFTMicrosoft Corp	$13.9M	3.35%	0.00%	+5.2%	Q4 2021
GHGuardant Health, Inc.	$11M	2.65%	0.08%	+197.8%	Q3 2025
AMZNAmazon Com Inc	$11M	2.65%	0.00%	+7.3%	Q2 2022
KAROKarooooo Ltd.	$10.8M	2.61%	0.77%	+39.4%	Q4 2024
EXKEndeavour Silver Corp	$9.82M	2.37%	0.04%	New	Q4 2025
GOOGLAlphabet Inc.	$9.72M	2.34%	0.00%	-34.1%	Q4 2021
ROIVRoivant Sciences Ltd.	$9.67M	2.33%	0.06%	+124.4%	Q3 2025
BLFSBiolife Solutions Inc	$9.15M	2.21%	0.79%	New	Q4 2025
ALABAstera Labs, Inc.	$8.32M	2.00%	0.03%	New	Q4 2025
VVisa Inc.	$7.94M	1.91%	0.00%	+12.4%	Q2 2022
SHCSotera Health Co	$7.94M	1.91%	0.16%	New	Q4 2025
EAElectronic Arts Inc.	$7.88M	1.90%	Not reported	New	Q4 2025
NSCNorfolk Southern Corp	$7.22M	1.74%	0.01%	New	Q4 2025
TEXTerex Corp	$6.94M	1.67%	0.20%	New	Q4 2025
HQYHealthequity, Inc.	$6.93M	1.67%	0.09%	New	Q4 2025
GTLSChart Industries Inc	$6.88M	1.66%	0.07%	New	Q4 2025
PAHCPhibro Animal Health Corp	$6.88M	1.66%	0.27%	-27.2%	Q3 2025
GKOSGLAUKOS Corp	$6.77M	1.63%	0.10%	New	Q4 2025
LUXELuxExperience B.V.	$6.3M	1.52%	0.55%	+12.2%	Q4 2024
REALTheRealReal, Inc.	$6.2M	1.49%	0.33%	-67.0%	Q1 2022
TERNTerns Pharmaceuticals, Inc.	$6.12M	1.47%	0.13%	New	Q4 2025
BRK.BBerkshire Hathaway Inc	$5.96M	1.44%	Not reported	-8.4%	Q1 2022
METAMeta Platforms, Inc.	$5.95M	1.43%	Not reported	-30.9%	Q4 2021
DAYDayforce, Inc.	$5.88M	1.42%	0.05%	New	Q4 2025
TXNMTXNM Energy Inc	$5.21M	1.26%	0.08%	New	Q4 2025
RNAMAvidity Biosciences, Inc.	$4.94M	1.19%	0.05%	+533.9%	Q3 2025
KVUEKenvue Inc.	$4.87M	1.17%	0.01%	New	Q4 2025
LOARLoar Holdings Inc.	$4.76M	1.15%	0.07%	New	Q4 2025
WBDWarner Bros. Discovery, Inc.	$4.72M	1.14%	0.01%	New	Q4 2025
QSRRestaurant Brands International Inc.	$4.44M	1.07%	0.02%	-8.2%	Q1 2025
APOApollo Global Management, Inc.	$4.3M	1.04%	0.01%	+123.1%	Q2 2024
PFEPfizer Inc	$4.12M	0.99%	0.00%	Not reported	Q4 2021
APPAppLovin Corp	$4.04M	0.97%	0.00%	New	Q4 2025
CFLTConfluent, Inc.	$3.94M	0.95%	0.12%	New	Q4 2025
UNPUnion Pacific Corp	$3.91M	0.94%	0.00%	-7.1%	Q4 2023
HIHillenbrand, Inc.	$3.9M	0.94%	0.17%	New	Q4 2025
MDGLMadrigal Pharmaceuticals, Inc.	$3.84M	0.93%	0.03%	New	Q4 2025
PEPPepsico Inc	$3.76M	0.91%	0.00%	-28.7%	Q4 2021
BTSGBrightSpring Health Services, Inc.	$3.75M	0.90%	0.05%	New	Q4 2025
KGSKodiak Gas Services, Inc.	$3.74M	0.90%	0.12%	New	Q4 2025
LINLinde PLC	$3.46M	0.83%	0.00%	-8.1%	Q3 2023
OXYOccidental Petroleum Corp	$3.16M	0.76%	0.01%	-9.1%	Q4 2024
CWANClearwater Analytics Holdings, Inc.	$3.01M	0.72%	Not reported	New	Q4 2025
FOLDAmicus Therapeutics, Inc.	$3M	0.72%	0.07%	New	Q4 2025
TDGTransDigm Group INC	$2.66M	0.64%	0.00%	New	Q4 2025
AXTAAxalta Coating Systems Ltd.	$2.58M	0.62%	0.04%	New	Q4 2025

Q3 2025Reported Oct 17, 202557 positions
WAYWaystar Holding Corp.	$19.2M	6.43%	0.29%	New	Q3 2025
TARSTarsus Pharmaceuticals, Inc.	$14.3M	4.79%	0.57%	New	Q3 2025
MSFTMicrosoft Corp	$14.1M	4.75%	0.00%	+26.4%	Q4 2021
VERAVera Therapeutics, Inc.	$13.1M	4.40%	0.71%	New	Q3 2025
REALTheRealReal, Inc.	$12.6M	4.25%	1.02%	-26.0%	Q1 2022
GOOGLAlphabet Inc.	$11.5M	3.85%	0.00%	-3.9%	Q4 2021
PHRPhreesia, Inc.	$11.4M	3.83%	0.81%	New	Q3 2025
IONSIonis Pharmaceuticals Inc	$10.7M	3.58%	0.10%	New	Q3 2025
SMMTSummit Therapeutics Inc.	$10.3M	3.44%	0.07%	New	Q3 2025
PAHCPhibro Animal Health Corp	$10.2M	3.44%	0.37%	New	Q3 2025
KAROKarooooo Ltd.	$9.75M	3.27%	0.55%	+10.3%	Q4 2024
AMZNAmazon Com Inc	$9.75M	3.27%	0.00%	-2.7%	Q2 2022
METAMeta Platforms, Inc.	$9.59M	3.22%	Not reported	+42.8%	Q4 2021
AKROAkero Therapeutics, Inc.	$7.08M	2.38%	0.19%	New	Q3 2025
VVisa Inc.	$6.88M	2.31%	0.00%	+11.5%	Q2 2022
ABBVAbbVie Inc.	$6.84M	2.30%	0.00%	-5.9%	Q4 2023
JNJJohnson & Johnson	$6.82M	2.29%	0.00%	Not reported	Q3 2023
BRK.BBerkshire Hathaway Inc	$6.51M	2.18%	Not reported	-4.8%	Q1 2022
SNSharkNinja, Inc.	$6.19M	2.08%	0.04%	-53.9%	Q4 2024
LUXELuxExperience B.V.	$5.72M	1.92%	0.49%	+6.9%	Q4 2024
DOCSDoximity, Inc.	$5.61M	1.88%	0.04%	New	Q3 2025
PEPPepsico Inc	$5.15M	1.73%	0.00%	+80.6%	Q4 2021
QSRRestaurant Brands International Inc.	$4.55M	1.53%	0.02%	-5.0%	Q1 2025
UNPUnion Pacific Corp	$4.3M	1.44%	0.00%	-5.5%	Q4 2023
LINLinde PLC	$4.19M	1.41%	0.00%	-5.0%	Q3 2023
OXYOccidental Petroleum Corp	$4M	1.34%	0.01%	-4.7%	Q4 2024
BTIBritish American Tobacco p.l.c.	$3.45M	1.16%	0.00%	-51.9%	Q1 2025
NKENIKE, Inc.	$3.2M	1.08%	0.00%	Not reported	Q4 2024
SPOTSpotify Technology S.A.	$3.17M	1.06%	0.00%	New	Q3 2025
RLRalph Lauren Corp	$3.14M	1.05%	Not reported	-67.7%	Q2 2025
ASAmer Sports, Inc.	$3.13M	1.05%	0.02%	-33.1%	Q4 2024
ULTAUlta Beauty, Inc.	$3.01M	1.01%	0.01%	New	Q3 2025
ROIVRoivant Sciences Ltd.	$3M	1.01%	0.03%	New	Q3 2025
CVXChevron Corp	$2.95M	0.99%	0.00%	-1.0%	Q2 2022
TPRTapestry, Inc.	$2.94M	0.99%	0.01%	-72.6%	Q4 2024
COCOVita Coco Company, Inc.	$2.78M	0.93%	0.12%	-53.2%	Q2 2025
RBLXRoblox Corp	$2.72M	0.91%	0.00%	Not reported	Q1 2022
TJXTJX Companies Inc	$2.6M	0.87%	0.00%	-56.6%	Q4 2024
DECKDeckers Outdoor Corp	$2.53M	0.85%	0.02%	-62.1%	Q4 2024
FIVEFive Below, Inc	$2.48M	0.83%	0.03%	Not reported	Q4 2024
PYPLPayPal Holdings, Inc.	$2.42M	0.81%	0.00%	-35.0%	Q4 2021
GHGuardant Health, Inc.	$2.26M	0.76%	0.03%	New	Q3 2025
ONONOn Holding AG	$2.12M	0.71%	0.02%	-7.4%	Q4 2024
IBITiShares Bitcoin Trust ETF	$1.79M	0.60%	0.00%	Not reported	Q1 2025
APOApollo Global Management, Inc.	$1.77M	0.60%	0.00%	Not reported	Q2 2024
KSPIJoint Stock Co Kaspi.kz	$1.39M	0.47%	0.01%	Not reported	Q1 2024
UBERUber Technologies, Inc	$1.32M	0.44%	0.00%	-10.0%	Q4 2021
SCHWSchwab Charles Corp	$1.3M	0.44%	0.00%	+7.2%	Q4 2024
BURBurford Capital Ltd	$1.2M	0.40%	0.05%	Not reported	Q1 2025
LEVILevi Strauss & Co	$1.17M	0.39%	0.01%	New	Q3 2025

Premium opens every quarter this fund has filed