Capricorn Investment Group
NEW YORK, NYfiles as Capricorn Investment Group LLC
$22.5bn in 10 US stocks at the end of 30 June 2026. The top 10 are 100.0% of the money. It changed about 97.0% of the portfolio this quarter.
Value
$22.5bn
Stocks
10
Top 10 share
100.0%
Turnover
97.0%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX91.8% of the fund
- Fervo EnergyFRVO4.4% of the fund
- Xanadu Quantum TechnologiesXNDU0.6% of the fund
- TeslaTSLA0.2% of the fund
Added
Bought more of a stock they already held.
None this quarter.
Cut
Sold some of their stake.
- Planet Labs PBCPL0.6% of the fund-25%
- Navitas SemiconductorNVTS0.6% of the fund-11%
Sold out
Sold their entire stake.
- HeartflowHTFL-100%
Holdings
- Space Exploration TechnologiesSPCX
- Share
- 91.8%
- Value
- $20.6bn
- Shares
- 120,801,820
New
- Fervo EnergyFRVO
- Share
- 4.4%
- Value
- $1.0bn
- Shares
- 34,227,393
New
- Ecofin US Renewables Infrastructure
- Share
- <0.1%
- Value
- $3m
- Shares
- 22,500,000
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Space Exploration TechnologiesSPCX | 91.8% | $20.6bn | 120,801,820 | New |
| Fervo EnergyFRVO | 4.4% | $1.0bn | 34,227,393 | New |
| Joby AviationJOBY | 1.1% | $254m | 28,470,647 | Held |
| Xanadu Quantum TechnologiesXNDU | 0.6% | $134m | 11,080,951 | New |
| Planet Labs PBCPL | 0.6% | $133m | 4,016,886 | -25% |
| Navitas SemiconductorNVTS | 0.6% | $128m | 7,134,285 | -11% |
| QuantumScapeQS | 0.4% | $87m | 11,496,990 | Held |
| Blue Owl Technology FinanceOTF | 0.3% | $58m | 5,648,797 | Held |
| TeslaTSLA | 0.2% | $50m | 120,000 | New |
| Ecofin US Renewables Infrastructure | <0.1% | $3m | 22,500,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 3586.2% since 30 June 2025.
Where the money is
Technology93.9%
Utilities4.4%
Industrials1.1%
Retail & consumer0.2%
Other0.3%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.