Latest Capricorn Fund Managers Ltd Stock Portfolio

Capricorn Fund Managers Ltd Performance:

2025 Q3: 6.97%YTD: 5.58%2024: 18.12%

Performance for 2025 Q3 is 6.97%, and YTD is 5.58%, and 2024 is 18.12%.

About Capricorn Fund Managers Ltd and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, Capricorn Fund Managers Ltd reported an equity portfolio of $297.8 Millions as of 30 Sep, 2025.

The top stock holdings of Capricorn Fund Managers Ltd are , TARS, MSFT. The fund has invested 6.4% of it's portfolio in WAYSTAR HOLDING ORD and 4.8% of portfolio in TARSUS PHARMACEUTICALS.

The fund managers got completely rid off DICK'S SPORTING GOODS (DKS), PFIZER (PFE) and WOLVERINE WORLD WIDE (WWW) stocks. They significantly reduced their stock positions in CAPRI HOLDINGS LIMITED (CPRI), TAPESTRY (TPR) and RALPH LAUREN CORP (RL). Capricorn Fund Managers Ltd opened new stock positions in WAYSTAR HOLDING ORD, TARSUS PHARMACEUTICALS (TARS) and VERA THERAPEUTICS CL A ORD (VERA). The fund showed a lot of confidence in some stocks as they added substantially to PEPSICO (PEP), META PLATFORMS (META) and MICROSOFT CORP (MSFT).

Capricorn Fund Managers Ltd Annual Return Estimates Vs S&P 500

Our best estimate is that Capricorn Fund Managers Ltd made a return of 6.97% in the last quarter. In trailing 12 months, it's portfolio return was 11.48%.

New Buys

Ticker	$ Bought
waystar holding ord	19,154,200
tarsus pharmaceuticals	14,264,400
vera therapeutics cl a ord	13,097,300
phreesia	11,395,400
ionis pharmaceuticals	10,650,400
summit therapeutics	10,252,900
phibro animal health corp	10,233,500
akero therapeutics	7,084,020

New stocks bought by Capricorn Fund Managers Ltd

Additions

Ticker	% Inc.
pepsico	80.56
meta platforms	42.81
microsoft corp	26.43
visa	11.47
karooooo ltd	10.34
charles schwab corp (the)	7.21
luxexperience ads rep ord	6.94
brookfield corp	4.33

Additions to existing portfolio by Capricorn Fund Managers Ltd

Reductions

Ticker	% Reduced
capri holdings limited	-80.77
tapestry	-72.63
ralph lauren corp	-67.74
deckers outdoor corp	-62.12
tjx companies	-56.63
sharkninja ord	-53.85
vita coco company (the)	-53.2
british american tobacco plc	-51.85

Capricorn Fund Managers Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
contextlogic cl a ord	-1,702,500
wolverine world wide	-3,616,000
pfizer	-4,574,060
borr drilling limited	-201,300
kosmos energy ltd	-184,040
pvh corp	-3,430,000
peabody energy corp	-617,320
urban outfitters	-2,901,600

Capricorn Fund Managers Ltd got rid off the above stocks

Sector Distribution

Capricorn Fund Managers Ltd has about 34.2% of it's holdings in Healthcare sector.

Sector	%
Healthcare	34.2
Others	23.6
Consumer Cyclical	16.8
Communication Services	8
Technology	5.2
Financial Services	3.9
Consumer Defensive	2.7
Energy	2.3
Industrials	1.8
Basic Materials	1.4

Market Cap. Distribution

Capricorn Fund Managers Ltd has about 38.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	26.5
UNALLOCATED	23.6
SMALL-CAP	23.1
MID-CAP	15.1
LARGE-CAP	11.8

Stocks belong to which Index?

About 59.6% of the stocks held by Capricorn Fund Managers Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	40.4
S&P 500	35.5
RUSSELL 2000	24.1

Top 5 Winners (%)		%
REAL	realreal (the)	121.9 %
GOOG	alphabet inc - class a	37.9 %
TPR	tapestry	28.9 %
ABBV	abbvie	24.7 %
COCO	vita coco company (the)	17.6 %

Top 5 Winners ($)		$
REAL	realreal (the)	9.4 M
GOOG	alphabet inc - class a	3.3 M
TPR	tapestry	2.4 M
ABBV	abbvie	1.4 M
RL	ralph lauren corp	1.2 M

Top 5 Losers (%)		%
PYPL	paypal holdings	-9.8 %
V	visa	-3.5 %
QSR	restaurant brands international	-3.2 %
DECK	deckers outdoor corp	-1.6 %
WH	wyndham hotels & resorts	-1.6 %

Top 5 Losers ($)		$
PYPL	paypal holdings	-0.4 M
V	visa	-0.2 M
QSR	restaurant brands international	-0.2 M
DECK	deckers outdoor corp	-0.1 M
META	meta platforms	0.0 M

Capricorn Fund Managers Ltd Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd has 59 stocks in it's portfolio. About 42.7% of the portfolio is in top 10 stocks. PYPL proved to be the most loss making stock for the portfolio. REAL was the most profitable stock for Capricorn Fund Managers Ltd last quarter.

Last Reported on: 17 Oct, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAXJ	ishares iboxx $ high yield	0.85	31,328	2,543,520	new

ABBV	abbvie	2.30	29,535	6,838,530	reduced	-5.92

ADT	adt	0.37	125,000	1,088,750	new

AKRO	akero therapeutics	2.38	149,200	7,084,020	new

AMZN	amazon.com	3.28	44,419	9,753,080	reduced	-2.7

BAC	bank of america corp	0.38	21,920	1,130,850	new

BTU	peabody energy corp	0.00	0.00	0.00	sold off	-100

COCO	vita coco company (the)	0.93	65,515	2,782,420	reduced	-53.2

CPRI	capri holdings limited	0.33	50,000	996,000	reduced	-80.77

CRH	crh public limited	0.00	0.00	0.00	sold off	-100

CVX	chevron corp	0.99	18,985	2,948,180	reduced	-1.03

DECK	deckers outdoor corp	0.85	25,000	2,534,250	reduced	-62.12

DKS	dick's sporting goods	0.00	0.00	0.00	sold off	-100

DOCS	doximity	1.89	76,738	5,613,380	new

FIVE	five below	0.83	16,000	2,475,200	new

GH	guardant health	0.76	36,200	2,261,780	new

GOOG	alphabet inc - class a	3.85	47,156	11,463,600	reduced	-3.94

HEPS	d market electronic services tra adr	0.03	29,185	78,508	unchanged	0.00

IJR	ishares iboxx $ investment grade	0.43	11,402	1,270,980	new

IONS	ionis pharmaceuticals	3.58	162,800	10,650,400	new