Capricorn Fund Managers Ltd Q4 2025 Filing
Filed January 21, 2026
Portfolio Value
$414.9M
Holdings
82
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (82 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 1 | ZYMEZymeworks | 1,022,840 | $26.9M | 6.49% | |
| 2 | WAYWAYSTAR HOLDING ORD | 738,263 | $24.2M | 5.83% | |
| 3 | GPCRSTRUCTURE THERAPEUTICS INC | 252,600 | $17.6M | 4.23% | |
| 4 | NUVBNuvation Bio | 1,588,854 | $14.2M | 3.43% | |
| 5 | MSFTMicrosoft Corp | 28,733 | $13.9M | 3.35% | |
| 6 | GHGuardant Health | 107,787 | $11.0M | 2.65% | |
| 7 | AMZNAmazon.com | 47,650 | $11.0M | 2.65% | |
| 8 | KAROKarooooo Ltd | 238,078 | $10.8M | 2.61% | |
| 9 | EXASExact Sciences Corp | 96,685 | $9.8M | 2.37% | |
| 10 | GOOGLAlphabet Inc - Class A | 31,066 | $9.7M | 2.34% | |
| 11 | ROIVRoivant Sciences Ltd | 445,500 | $9.7M | 2.33% | |
| 12 | BLFSBioLife Solutions | 378,550 | $9.2M | 2.21% | |
| 13 | ALABASTERA LABS ORD | 50,000 | $8.3M | 2.00% | |
| 14 | VVISA | 22,644 | $7.9M | 1.91% | |
| 15 | SHCSotera Health Company | 449,900 | $7.9M | 1.91% | |
| 16 | EAElectronic Arts | 38,549 | $7.9M | 1.90% | |
| 17 | NSCNorfolk Southern Corp | 25,000 | $7.2M | 1.74% | |
| 18 | OSONESTREAM INC | 380,000 | $7.0M | 1.68% | |
| 19 | TEXTerex Corp | 130,000 | $6.9M | 1.67% | |
| 20 | HQYHealthEquity | 75,602 | $6.9M | 1.67% | |
| 21 | GTLSChart Industries | 33,383 | $6.9M | 1.66% | |
| 22 | PAHCPhibro Animal Health Corp | 184,101 | $6.9M | 1.66% | |
| 23 | GKOSGlaukos Corp | 60,000 | $6.8M | 1.63% | |
| 24 | CYBRCyberArk Software Ltd | 14,841 | $6.6M | 1.60% | |
| 25 | LUXELUXEXPERIENCE ADS REP ORD | 754,909 | $6.3M | 1.52% | |
| 26 | REALRealReal (The) | 392,897 | $6.2M | 1.49% | |
| 27 | TERNTerns Pharmaceuticals | 151,436 | $6.1M | 1.47% | |
| 28 | BRK/BBerkshire Hathaway | 11,854 | $6.0M | 1.44% | |
| 29 | METAMeta Platforms | 9,019 | $6.0M | 1.43% | |
| 30 | DAYDAYFORCE ORD | 85,033 | $5.9M | 1.42% | |
| 31 | TXNMTXNM ENERGY ORD | 88,529 | $5.2M | 1.26% | |
| 32 | RNAAvidity Biosciences | 68,463 | $4.9M | 1.19% | |
| 33 | KVUEKENVUE ORD | 282,485 | $4.9M | 1.17% | |
| 34 | LOARLOAR HOLDINGS ORD | 70,000 | $4.8M | 1.15% | |
| 35 | WBDWarner Bros Discovery | 163,668 | $4.7M | 1.14% | |
| 36 | QSRRestaurant Brands International | 65,089 | $4.4M | 1.07% | |
| 37 | APOApollo Global Management | 29,693 | $4.3M | 1.04% | |
| 38 | PFEPfizer | 165,569 | $4.1M | 0.99% | |
| 39 | APPApplovin Corp | 6,000 | $4.0M | 0.97% | |
| 40 | CFLTConfluent | 130,391 | $3.9M | 0.95% | |
| 41 | UNPUnion Pacific Corp | 16,890 | $3.9M | 0.94% | |
| 42 | HIHillenbrand | 122,961 | $3.9M | 0.94% | |
| 43 | MDGLMadrigal Pharmaceuticals | 6,600 | $3.8M | 0.93% | |
| 44 | PEPPepsiCo | 26,166 | $3.8M | 0.91% | |
| 45 | BTSGBRIGHTSPRING HEALTH SVCS INC | 100,000 | $3.7M | 0.90% | |
| 46 | KGSKODIAK GAS SVCS INC | 100,000 | $3.7M | 0.90% | |
| 47 | LINLinde plc | 8,114 | $3.5M | 0.83% | |
| 48 | OXYOccidental Petroleum Corp | 76,877 | $3.2M | 0.76% | |
| 49 | CWANClearwater Analytics Holdings | 124,611 | $3.0M | 0.72% | |
| 50 | AM6Amicus Therapeutics | 210,674 | $3.0M | 0.72% | |
| 51 | T7DTransDigm Group | 2,000 | $2.7M | 0.64% | |
| 52 | AXTAAxalta Coating Systems Ltd | 80,000 | $2.6M | 0.62% | |
| 53 | HYGiShares iBoxx $ High Yield | 31,308 | $2.5M | 0.61% | |
| 54 | CVXChevron Corp | 16,363 | $2.5M | 0.60% | |
| 55 | CHWYChewy | 65,948 | $2.2M | 0.53% | |
| 56 | FYBRFrontier Communications Parent | 51,847 | $2.0M | 0.48% | |
| 57 | 5ZZ0CONTEXTLOGIC HOLDINGS ORD | 250,000 | $1.9M | 0.46% | |
| 58 | TARSTarsus Pharmaceuticals | 21,982 | $1.8M | 0.43% | |
| 59 | IBITISHARES BITCOIN ETF | 34,601 | $1.7M | 0.41% | |
| 60 | JAZZJazz Pharmaceuticals plc | 10,000 | $1.7M | 0.41% | |
| 61 | TSHATaysha Gene Therapies | 300,000 | $1.6M | 0.40% | |
| 62 | SCHWCharles Schwab Corp (The) | 15,506 | $1.5M | 0.37% | |
| 63 | BACBank of America Corp | 25,465 | $1.4M | 0.34% | |
| 64 | UBERUber Technologies | 16,843 | $1.4M | 0.33% | |
| 65 | KSPIJSC KASPI GLOBAL SPON ADS REP ORD | 17,000 | $1.3M | 0.32% | |
| 66 | BNBrookfield Corp | 28,112 | $1.3M | 0.31% | |
| 67 | LQDiShares iBoxx $ Investment Grade | 11,442 | $1.3M | 0.30% | |
| 68 | BURBurford Capital Limited | 135,000 | $1.2M | 0.29% | |
| 69 | PYPLPayPal Holdings | 20,162 | $1.2M | 0.28% | |
| 70 | DISWalt Disney Company (The) | 10,332 | $1.2M | 0.28% | |
| 71 | CCEPCoca-Cola Europacific Partners | 12,600 | $1.1M | 0.28% | |
| 72 | WHWyndham Hotels & Resorts | 13,920 | $1.1M | 0.25% | |
| 73 | EVMNEVOMMUNE ORD | 60,000 | $1.0M | 0.25% | |
| 74 | DNLIDenali Therapeutics | 62,197 | $1.0M | 0.25% | |
| 75 | ASAMER SPORTS ORD | 22,800 | $851K | 0.21% | |
| 76 | KVYOKLAVIYO INC | 20,000 | $649K | 0.16% | |
| 77 | BETABETA TECHNOLOGIES CL A ORD | 20,000 | $564K | 0.14% | |
| 78 | BORRBorr Drilling Limited | 110,000 | $443K | 0.11% | |
| 79 | TGNATEGNA | 12,435 | $241K | 0.06% | |
| 80 | ASCARDMORE SHIPPING Corp | 14,000 | $148K | 0.04% | |
| 81 | TALOTalos Energy | 12,500 | $137K | 0.03% | |
| 82 | HEPSD MARKET ELECTRONIC SERVICES TRA ADR | 29,185 | $72K | 0.02% |