Capricorn Fund Managers Ltd

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, Capricorn Fund Managers Ltd maintained a portfolio of 152 distinct positions. The most significant new addition to the portfolio was Carvana Co, which now represents 4.66% of the total fund value. The fund also reduced its exposure to VISA by 13.6%.
PCA Score Concentration Risk
Risk ENB
Total Positions
152
Quarter
2026 Q1
Top Holding
CVNA (4.7%)
Top 10 Concentration
33.4%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 152
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
CVNA
Carvana Co
Consumer Cyclical 4.66% #1
Prev: #—
7.4 95,000 no change
NEW
95,000 $29,866,100 2026 Q1 13F Filing 2026-03-31 2026-04-24
BAC
Bank of America...
Financial Services 4.08% 0.34% #2 61
Prev: #63
6.1 511,535 2008.8%
P
S
537,000 $26,178,750 2022 Q1 13F Filing 2026-03-31 2026-04-24
ZYME
Zymeworks
Healthcare 3.93% 6.49% #3 2
Prev: #1
3.1 -15,630 -1.5%
P
S
1,007,210 $25,220,538 2025 Q4 13F Filing 2026-03-31 2026-04-24
AXGN
Axogen
Healthcare 3.55% #4
Prev: #—
5.4 687,600 no change
NEW
687,600 $22,780,188 2026 Q1 13F Filing 2026-03-31 2026-04-24
KKR
KKR & Co
Financial Services 3.06% #5
Prev: #—
5.2 212,000 no change
NEW
212,000 $19,610,000 2026 Q1 13F Filing 2026-03-31 2026-04-24
NVST
Envista Holding...
Healthcare 2.95% #6
Prev: #—
4.7 746,200 no change
NEW
746,200 $18,931,094 2026 Q1 13F Filing 2026-03-31 2026-04-24
KFS
KINGSWAY FINANC...
Consumer Cyclical 2.90% #7
Prev: #—
4.7 1,784,893 no change
NEW
1,784,893 $18,616,434 2026 Q1 13F Filing 2026-03-31 2026-04-24
ADPT
Adaptive Biotec...
Healthcare 2.80% #8
Prev: #—
4.6 1,291,773 no change
NEW
1,291,773 $17,929,809 2026 Q1 13F Filing 2026-03-31 2026-04-24
NSC
Norfolk Souther...
Industrials 2.73% 1.74% #9 8
Prev: #17
4.1 36,117 144.5%
P
S
61,117 $17,540,579 2025 Q4 13F Filing 2026-03-31 2026-04-24
SKIN
Beauty Health C...
Consumer Defensive 2.69% #10
Prev: #—
4.6 19,404,192 no change
NEW
19,404,192 $17,269,731 2026 Q1 13F Filing 2026-03-31 2026-04-24
PRI
PRIMERICA
Financial Services 2.66% #11
Prev: #—
4.6 68,041 no change
NEW
68,041 $17,042,910 2026 Q1 13F Filing 2026-03-31 2026-04-24
EA
Electronic Arts
Communication Services 2.41% 1.90% #12 4
Prev: #16
4.0 37,349 96.9%
P
S
75,898 $15,473,325 2025 Q4 13F Filing 2026-03-31 2026-04-24
PAHC
Phibro Animal H...
Healthcare 2.30% 1.66% #13 9
Prev: #22
3.4 82,944 45.1%
P
S
267,045 $14,770,259 2025 Q3 13F Filing 2026-03-31 2026-04-24
ELVN
ENLIVEN THERAPE...
Healthcare 2.26% #14
Prev: #—
4.4 369,400 no change
NEW
369,400 $14,480,480 2026 Q1 13F Filing 2026-03-31 2026-04-24
KARO
Karooooo Ltd
Technology 2.16% 2.61% #15 7
Prev: #8
2.9 40,268 16.9%
P
S
278,346 $13,872,765 2024 Q4 13F Filing 2026-03-31 2026-04-24
MSFT
Microsoft Corp
Technology 1.87% 3.35% #16 11
Prev: #5
2.7 3,610 12.6%
P
S
32,343 $11,972,408 2021 Q4 13F Filing 2026-03-31 2026-04-24
GTLS
Chart Industrie...
Industrials 1.84% 1.66% #17 4
Prev: #21
3.7 23,606 70.7%
P
S
56,989 $11,782,476 2025 Q4 13F Filing 2026-03-31 2026-04-24
BLND
Blend Labs
Technology 1.72% #18
Prev: #—
4.2 6,499,507 no change
NEW
6,499,507 $11,049,162 2026 Q1 13F Filing 2026-03-31 2026-04-24
BRK/B
Berkshire Hatha...
Financial Services 1.68% 1.44% #19 9
Prev: #28
3.7 10,614 89.5%
P
S
22,468 $10,766,666 2022 Q1 13F Filing 2026-03-31 2026-04-24
LQDA
Liquidia Corp
Healthcare 1.46% #20
Prev: #—
4.1 247,405 no change
NEW
247,405 $9,337,065 2026 Q1 13F Filing 2026-03-31 2026-04-24
AMZN
Amazon.com
Consumer Cyclical 1.45% 2.65% #21 14
Prev: #7
1.1 -3,002 -6.3%
P
S
44,648 $9,298,839 2022 Q2 13F Filing 2026-03-31 2026-04-24
GOOGL
Alphabet Inc - ...
Communication Services 1.39% 2.34% #22 12
Prev: #10
1.1 1 0.0%
P
S
31,067 $8,933,627 2021 Q4 13F Filing 2026-03-31 2026-04-24
TXNM
TXNM ENERGY ORD
Utilities 1.38% 1.26% #23 8
Prev: #31
3.6 62,480 70.6%
P
S
151,009 $8,827,986 2025 Q4 13F Filing 2026-03-31 2026-04-24
KSPI
JSC KASPI GLOBA...
Technology 1.37% 0.32% #24 41
Prev: #65
3.5 101,900 599.4%
P
S
118,900 $8,806,923 2024 Q1 13F Filing 2026-03-31 2026-04-24
BTI
British America...
Consumer Defensive 1.34% #25
Prev: #—
4.0 147,000 no change
NEW
147,000 $8,595,090 2025 Q1 13F Filing 2026-03-31 2026-04-24
HOOD
Robinhood Marke...
Financial Services 1.33% #26
Prev: #—
4.0 123,500 no change
NEW
123,500 $8,558,550 2026 Q1 13F Filing 2026-03-31 2026-04-24
PEP
PepsiCo
Consumer Defensive 1.30% 0.91% #27 17
Prev: #44
3.5 27,364 104.6%
P
S
53,530 $8,312,674 2021 Q4 13F Filing 2026-03-31 2026-04-24
A
Agilent Technol...
Healthcare 1.27% #28
Prev: #—
4.0 71,600 no change
NEW
71,600 $8,160,968 2026 Q1 13F Filing 2026-03-31 2026-04-24
LUXE
LUXEXPERIENCE A...
ETF 1.27% 1.52% #29 4
Prev: #25
3.0 268,263 35.5%
P
S
1,023,172 $8,154,681 2024 Q4 13F Filing 2026-03-31 2026-04-24
ALGN
Align Technolog...
Healthcare 1.27% #30
Prev: #—
4.0 47,400 no change
NEW
47,400 $8,125,782 2026 Q1 13F Filing 2026-03-31 2026-04-24
META
Meta Platforms
Communication Services 1.20% 1.43% #31 2
Prev: #29
3.0 4,481 49.7%
P
S
13,500 $7,723,755 2021 Q4 13F Filing 2026-03-31 2026-04-24
FOLD
Amicus Therapeu...
Healthcare 1.20% 0.72% #32 18
Prev: #50
3.5 323,405 153.5%
P
S
534,079 $7,722,782 2025 Q4 13F Filing 2026-03-31 2026-04-24
TROW
T Rowe Price Gr...
Financial Services 1.17% #33
Prev: #—
4.0 83,475 no change
NEW
83,475 $7,524,437 2026 Q1 13F Filing 2026-03-31 2026-04-24
SN
SHARKNINJA ORD
Consumer Cyclical 1.06% #34
Prev: #—
3.9 64,000 no change
NEW
64,000 $6,777,600 2024 Q4 13F Filing 2026-03-31 2026-04-24
AS
AMER SPORTS ORD
Consumer Cyclical 0.95% 0.21% #35 40
Prev: #75
3.4 162,200 711.4%
P
S
185,000 $6,090,200 2024 Q4 13F Filing 2026-03-31 2026-04-24
ABBV
ABBVIE
Healthcare 0.93% #36
Prev: #—
3.9 27,397 no change
NEW
27,397 $5,958,574 2023 Q4 13F Filing 2026-03-31 2026-04-24
V
VISA
Financial Services 0.92% 1.91% #37 23
Prev: #14
0.9 -3,089 -13.6%
P
S
19,555 $5,910,303 2022 Q2 13F Filing 2026-03-31 2026-04-24
MXCT
MaxCyte
Healthcare 0.90% #38
Prev: #—
3.9 8,200,000 no change
NEW
8,200,000 $5,760,500 2026 Q1 13F Filing 2026-03-31 2026-04-24
APO
Apollo Global M...
Financial Services 0.89% 1.04% #39 2
Prev: #37
3.4 21,307 71.8%
P
S
51,000 $5,682,420 2024 Q2 13F Filing 2026-03-31 2026-04-24
ROST
Ross Stores
Consumer Cyclical 0.78% #40
Prev: #—
3.8 23,000 no change
NEW
23,000 $4,982,490 2026 Q1 13F Filing 2026-03-31 2026-04-24
REAL
RealReal (The)
Consumer Cyclical 0.78% 1.49% #41 15
Prev: #26
2.8 155,833 39.7%
P
S
548,730 $4,982,468 2022 Q1 13F Filing 2026-03-31 2026-04-24
HOLX
Hologic
Healthcare 0.76% #42
Prev: #—
3.8 64,869 no change
NEW
64,869 $4,903,448 2026 Q1 13F Filing 2026-03-31 2026-04-24
EAT
Brinker Interna...
Consumer Cyclical 0.76% #43
Prev: #—
3.8 34,000 no change
NEW
34,000 $4,854,180 2026 Q1 13F Filing 2026-03-31 2026-04-24
QSR
Restaurant Bran...
Consumer Cyclical 0.75% 1.07% #44 8
Prev: #36
1.3 no change no change
P
S
65,089 $4,810,077 2025 Q1 13F Filing 2026-03-31 2026-04-24
ONON
On Holding AG
Consumer Cyclical 0.74% #45
Prev: #—
3.8 139,571 no change
NEW
139,571 $4,748,205 2024 Q4 13F Filing 2026-03-31 2026-04-24
PFE
Pfizer
Healthcare 0.73% 0.99% #46 8
Prev: #38
0.8 161 0.1%
P
S
165,730 $4,653,698 2021 Q4 13F Filing 2026-03-31 2026-04-24
RL
Ralph Lauren Co...
Consumer Cyclical 0.71% #47
Prev: #—
3.8 13,280 no change
NEW
13,280 $4,568,187 2025 Q2 13F Filing 2026-03-31 2026-04-24
COCO
Vita Coco Compa...
Consumer Defensive 0.71% #48
Prev: #—
3.8 95,000 no change
NEW
95,000 $4,551,450 2025 Q2 13F Filing 2026-03-31 2026-04-24
BTSG
BRIGHTSPRING HE...
Healthcare 0.71% 0.90% #49 4
Prev: #45
2.3 6,196 6.2%
P
S
106,196 $4,525,543 2025 Q4 13F Filing 2026-03-31 2026-04-24
MASI
Masimo Corp
Healthcare 0.63% #50
Prev: #—
3.8 22,811 no change
NEW
22,811 $4,057,393 2026 Q1 13F Filing 2026-03-31 2026-04-24
Showing 1-50 of 152 holdings

Unlock Full Capricorn Fund Managers Ltd Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics