AI Portfolio Summary
In 2025 Q4, Capricorn Fund Managers Ltd maintained a portfolio of 106 distinct positions. The most significant new addition to the portfolio was Zymeworks, which now represents 6.49% of the total fund value. Conversely, Capricorn Fund Managers Ltd completely exited their position in VERA THERAPEUTICS CL.
Total Positions
106
Quarter
2025 Q4
Top Holding
ZYME (6.5%)
Top 10 Concentration
36.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 106
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
ZYME
Zymeworks
|
Healthcare | 6.49% | — |
#1
Prev: #—
|
4.6 | 1,022,840 | no change |
NEW
|
1,022,840 | $26,931,377 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WAY
WAYSTAR HOLDING...
|
Healthcare | 5.83% | 6.43% |
#2
1
Prev: #1
|
4.5 | 233,141 | 46.2% |
P
S
|
738,263 | $24,178,113 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GPCR
STRUCTURE THERA...
|
Healthcare | 4.23% | — |
#3
Prev: #—
|
3.7 | 252,600 | no change |
NEW
|
252,600 | $17,568,330 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NUVB
Nuvation Bio
|
Healthcare | 3.43% | — |
#4
Prev: #—
|
3.4 | 1,588,854 | no change |
NEW
|
1,588,854 | $14,236,132 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
Microsoft Corp
|
Technology | 3.35% | 4.75% |
#5
2
Prev: #3
|
3.4 | 1,415 | 5.2% |
P
S
|
28,733 | $13,895,853 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GH
Guardant Health
|
Healthcare | 2.65% | 0.76% |
#6
37
Prev: #43
|
3.4 | 71,587 | 197.8% |
P
S
|
107,787 | $11,009,364 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
Amazon.com
|
Consumer Cyclical | 2.65% | 3.27% |
#7
5
Prev: #12
|
3.1 | 3,231 | 7.3% |
P
S
|
47,650 | $10,998,573 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KARO
Karooooo Ltd
|
Technology | 2.61% | 3.27% |
#8
3
Prev: #11
|
3.2 | 67,322 | 39.4% |
P
S
|
238,078 | $10,832,549 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EXAS
Exact Sciences ...
|
Healthcare | 2.37% | — |
#9
Prev: #—
|
2.9 | 96,685 | no change |
NEW
|
96,685 | $9,819,329 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
Alphabet Inc - ...
|
Communication Services | 2.34% | 3.85% |
#10
4
Prev: #6
|
1.0 | -16,090 | -34.1% |
P
S
|
31,066 | $9,723,658 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ROIV
Roivant Science...
|
Healthcare | 2.33% | 1.01% |
#11
22
Prev: #33
|
3.2 | 247,000 | 124.4% |
P
S
|
445,500 | $9,667,350 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BLFS
BioLife Solutio...
|
Healthcare | 2.21% | — |
#12
Prev: #—
|
2.9 | 378,550 | no change |
NEW
|
378,550 | $9,153,339 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALAB
ASTERA LABS ORD
|
Technology | 2.00% | — |
#13
Prev: #—
|
2.8 | 50,000 | no change |
NEW
|
50,000 | $8,318,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
V
VISA
|
Financial Services | 1.91% | 2.31% |
#14
1
Prev: #15
|
2.8 | 2,495 | 12.4% |
P
S
|
22,644 | $7,941,477 | 2022 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SHC
Sotera Health C...
|
Healthcare | 1.91% | — |
#15
Prev: #—
|
2.8 | 449,900 | no change |
NEW
|
449,900 | $7,936,236 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EA
Electronic Arts
|
Communication Services | 1.90% | — |
#16
Prev: #—
|
2.8 | 38,549 | no change |
NEW
|
38,549 | $7,876,717 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NSC
Norfolk Souther...
|
Industrials | 1.74% | — |
#17
Prev: #—
|
2.7 | 25,000 | no change |
NEW
|
25,000 | $7,218,000 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OS
ONESTREAM INC
|
Technology | 1.68% | — |
#18
Prev: #—
|
2.7 | 380,000 | no change |
NEW
|
380,000 | $6,984,400 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TEX
Terex Corp
|
Industrials | 1.67% | — |
#19
Prev: #—
|
2.7 | 130,000 | no change |
NEW
|
130,000 | $6,939,400 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HQY
HealthEquity
|
Healthcare | 1.67% | — |
#20
Prev: #—
|
2.7 | 75,602 | no change |
NEW
|
75,602 | $6,925,899 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GTLS
Chart Industrie...
|
Industrials | 1.66% | — |
#21
Prev: #—
|
2.7 | 33,383 | no change |
NEW
|
33,383 | $6,884,576 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAHC
Phibro Animal H...
|
Healthcare | 1.66% | 3.44% |
#22
12
Prev: #10
|
0.7 | -68,827 | -27.2% |
P
S
|
184,101 | $6,878,013 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GKOS
Glaukos Corp
|
Healthcare | 1.63% | — |
#23
Prev: #—
|
2.7 | 60,000 | no change |
NEW
|
60,000 | $6,774,600 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CYBR
CyberArk Softwa...
|
Technology | 1.60% | — |
#24
Prev: #—
|
2.6 | 14,841 | no change |
NEW
|
14,841 | $6,619,976 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LUXE
LUXEXPERIENCE A...
|
ETF | 1.52% | 1.92% |
#25
5
Prev: #20
|
2.6 | 81,947 | 12.2% |
P
S
|
754,909 | $6,303,490 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VERA
VERA THERAPEUTI...
|
Healthcare | 0.00% | 4.40% |
Sold All 😨
(Was: #4) |
0.3 | -450,700 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PHR
Phreesia
|
Healthcare | 0.00% | 3.83% |
Sold All 😨
(Was: #7) |
0.3 | -484,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IONS
Ionis Pharmaceu...
|
Healthcare | 0.00% | 3.58% |
Sold All 😨
(Was: #8) |
0.3 | -162,800 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SMMT
Summit Therapeu...
|
Healthcare | 0.00% | 3.44% |
Sold All 😨
(Was: #9) |
0.3 | -496,266 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AKRO
Akero Therapeut...
|
Healthcare | 0.00% | 2.38% |
Sold All 😨
(Was: #14) |
0.3 | -149,200 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ABBV
ABBVIE
|
Healthcare | 0.00% | 2.30% |
Sold All 😨
(Was: #16) |
0.3 | -29,535 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JNJ
Johnson & Johns...
|
Healthcare | 0.00% | 2.29% |
Sold All 😨
(Was: #17) |
0.3 | -36,760 | -100.0% |
CLOSED
|
— | $— | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SN
SHARKNINJA ORD
|
Consumer Cyclical | 0.00% | 2.08% |
Sold All 😨
(Was: #19) |
0.3 | -60,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DOCS
Doximity
|
Healthcare | 0.00% | 1.88% |
Sold All 😨
(Was: #21) |
0.3 | -76,738 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTI
British America...
|
Consumer Defensive | 0.00% | 1.16% |
Sold All 😨
(Was: #27) |
0.3 | -65,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NKE
Nike
|
Consumer Cyclical | 0.00% | 1.08% |
Sold All 😨
(Was: #28) |
0.3 | -45,920 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SPOT
Spotify Technol...
|
Communication Services | 0.00% | 1.06% |
Sold All 😨
(Was: #29) |
0.3 | -4,537 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RL
Ralph Lauren Co...
|
Consumer Cyclical | 0.00% | 1.05% |
Sold All 😨
(Was: #30) |
0.3 | -10,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ULTA
Ulta Beauty
|
Consumer Cyclical | 0.00% | 1.01% |
Sold All 😨
(Was: #32) |
0.3 | -5,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TPR
Tapestry
|
Consumer Cyclical | 0.00% | 0.99% |
Sold All 😨
(Was: #35) |
0.3 | -26,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COCO
Vita Coco Compa...
|
Consumer Defensive | 0.00% | 0.93% |
Sold All 😨
(Was: #36) |
0.3 | -65,515 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RBLX
Roblox Corp
|
Communication Services | 0.00% | 0.91% |
Sold All 😨
(Was: #37) |
0.3 | -19,605 | -100.0% |
CLOSED
|
— | $— | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TJX
TJX Companies
|
Consumer Cyclical | 0.00% | 0.87% |
Sold All 😨
(Was: #38) |
0.3 | -18,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DECK
Deckers Outdoor...
|
Consumer Cyclical | 0.00% | 0.85% |
Sold All 😨
(Was: #40) |
0.3 | -25,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FIVE
Five Below
|
Consumer Cyclical | 0.00% | 0.83% |
Sold All 😨
(Was: #41) |
0.3 | -16,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ONON
On Holding AG
|
Consumer Cyclical | 0.00% | 0.71% |
Sold All 😨
(Was: #44) |
0.3 | -50,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LEVI
Levi Strauss & ...
|
Consumer Cyclical | 0.00% | 0.39% |
Sold All 😨
(Was: #52) |
0.3 | -50,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADT
ADT
|
Industrials | 0.00% | 0.37% |
Sold All 😨
(Was: #56) |
0.3 | -125,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CPRI
Capri Holdings ...
|
Consumer Cyclical | 0.00% | 0.33% |
Sold All 😨
(Was: #57) |
0.3 | -50,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 106 holdings