Latest Capricorn Fund Managers Ltd Stock Portfolio

Capricorn Fund Managers Ltd Performance:

2026 Q1: -1.92%YTD: -1.92%2025: 4.77%

Performance for 2026 Q1 is -1.92%, and YTD is -1.92%, and 2025 is 4.77%.

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

On 2026-04-24, the fund reported it's updated stock portfolio. In the 13F Holdings report, Capricorn Fund Managers Ltd reported an equity portfolio of $641.4 Millions as of 31 Mar, 2026.

The top stock holdings of Capricorn Fund Managers Ltd are CVNA, BAC, ZYME. The fund has invested 4.7% of it's portfolio in CARVANA CO and 4.1% of portfolio in BANK OF AMERICA CORP.

The fund managers got completely rid off STRUCTURE THERAPEUTICS INC, NUVATION BIO (NUVB) and GUARDANT HEALTH (GH) stocks. They significantly reduced their stock positions in ROIVANT SCIENCES LTD (ROIV), GLAUKOS CORP (GKOS) and WAYSTAR HOLDING ORD. Capricorn Fund Managers Ltd opened new stock positions in CARVANA CO (CVNA), AXOGEN (AXGN) and KKR & CO (KKR). The fund showed a lot of confidence in some stocks as they added substantially to BANK OF AMERICA CORP (BAC), AMER SPORTS ORD and AMICUS THERAPEUTICS (FOLD).

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

Our best estimate is that Capricorn Fund Managers Ltd made a return of -1.92% in the last quarter. In trailing 12 months, it's portfolio return was 8.41%.

Performance
S&P 500

New Buys

Ticker	$ Bought
carvana co	29,866,100
axogen	22,780,200
kkr & co	19,610,000
envista holdings corp	18,931,100
kingsway financial services inc.	18,616,400
adaptive biotechnologies corp	17,929,800
beauty health company (the)	17,269,700
primerica	17,042,900

New stocks bought by Capricorn Fund Managers Ltd

Additions

Ticker	% Inc.
bank of america corp	2,008
amer sports ord	711
jsc kaspi global spon ads rep ord	599
beta technologies cl a ord	318
amicus therapeutics	153
norfolk southern corp	144
brookfield corp	140
pepsico	104

Additions to existing portfolio by Capricorn Fund Managers Ltd

Reductions

Ticker	% Reduced
roivant sciences ltd	-95.51
glaukos corp	-95.33
waystar holding ord	-93.81
astera labs ord	-88.62
terex corp	-66.22
kodiak gas svcs inc	-59.97
axalta coating systems ltd	-43.1
loar holdings ord	-35.25

Capricorn Fund Managers Ltd reduced stake in above stock

Sold off

Ticker	$ Sold
nuvation bio	-14,236,100
sotera health company	-7,936,240
onestream inc	-6,984,400
biolife solutions	-9,153,340
taysha gene therapies	-1,650,000
kenvue ord	-4,872,870
structure therapeutics inc	-17,568,300
contextlogic holdings ord	-1,895,000

Capricorn Fund Managers Ltd got rid off the above stocks

Sector Distribution

Capricorn Fund Managers Ltd has about 23.7% of it's holdings in Others sector.

Sector	%
Others	23.7
Healthcare	23.2
Consumer Cyclical	15.5
Financial Services	12.9
Consumer Defensive	6.2
Communication Services	5.8
Technology	5.2
Industrials	5
Utilities	1.4

Market Cap. Distribution

Capricorn Fund Managers Ltd has about 41.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	27
UNALLOCATED	23.7
MID-CAP	21.9
MEGA-CAP	14.3
SMALL-CAP	9.5
MICRO-CAP	3.6

Stocks belong to which Index?

About 61.9% of the stocks held by Capricorn Fund Managers Ltd either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	38.1
RUSSELL 2000	32.8
S&P 500	29.1

Top 5 Winners (%)		%
ASC	ardmore shipping corp	44.0 %
BORR	borr drilling limited	39.3 %
	kodiak gas svcs inc	39.2 %
PAHC	phibro animal health corp	37.8 %
ROIV	roivant sciences ltd	14.4 %

Top 5 Winners ($)		$
PAHC	phibro animal health corp	4.0 M
	kodiak gas svcs inc	1.5 M
ROIV	roivant sciences ltd	1.4 M
KARO	karooooo ltd	1.1 M
	brightspring health svcs inc	0.5 M

Top 5 Losers (%)		%
BUR	burford capital limited	-49.3 %
REAL	realreal (the)	-38.8 %
	beta technologies cl a ord	-36.3 %
MSFT	microsoft corp	-22.4 %
	ishares bitcoin etf	-21.1 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-3.5 M
	waystar holding ord	-3.4 M
REAL	realreal (the)	-3.2 M
BAC	bank of america corp	-1.8 M
	astera labs ord	-1.6 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 114 stocks in it's portfolio. About 33.4% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. PAHC was the most profitable stock for Capricorn Fund Managers Ltd last quarter.

Last Reported on: 24 Apr, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies	1.27	71,600	8,160,970	new

AAXJ	ishares iboxx $ high yield	0.44	35,518	2,825,810	added	13.45

ABBV	abbvie	0.93	27,397	5,958,570	new

ACI	albertsons companies cl a ord	0.21	80,000	1,363,200	new

ADPT	adaptive biotechnologies corp	2.80	1,291,770	17,929,800	new

AFK	vaneck gold miners etf	0.04	3,000	275,310	new

ALGN	align technology	1.27	47,400	8,125,780	new

AMZN	amazon.com	1.45	44,648	9,298,840	reduced	-6.3

APP	applovin corp	0.00	0.00	0.00	sold off	-100

ASC	ardmore shipping corp	0.03	14,000	213,500	unchanged	0.00

AXGN	axogen	3.55	687,600	22,780,200	new

AXTA	axalta coating systems ltd	0.20	45,516	1,260,790	reduced	-43.1

BAC	bank of america corp	4.08	537,000	26,178,800	added	2,008

BCRX	biocryst pharmaceuticals	0.30	202,900	1,931,610	new

BLFS	biolife solutions	0.00	0.00	0.00	sold off	-100

BLND	blend labs	1.72	6,499,510	11,049,200	new

BORR	borr drilling limited	0.08	90,000	519,300	reduced	-18.18

BSX	boston scientific corp	0.28	28,100	1,763,280	new

BTI	british american tobacco plc	1.34	147,000	8,595,090	new

BUD	anheuser-busch inbev sa/nv	0.25	23,000	1,595,510	new