Kryger Capital

LONDON, X0files as KRYGER CAPITAL Ltd

$1.3bn in 50 US stocks at the end of 31 December 2025. The top 10 are 68.2% of the money. It changed about 68.8% of the portfolio this quarter.

Value

$1.3bn

Stocks

Top 10 share

68.2%

Turnover

68.8%

What changed this quarter

New

Bought for the first time this quarter.

Confluent
8.8% of the fund
Exact Sciences
7.9% of the fund
Ceridian HCM Hldg
6.0% of the fund
Avidity Biosciences
5.8% of the fund
DigitalBridge GroupDBRG
5.8% of the fund
Electronic ArtsEA
4.8% of the fund
Clearwater Analytics Hldgs I
4.6% of the fund
Air Lease
4.3% of the fund
Hologic
4.2% of the fund
Amicus Therapeutics
3.3% of the fund
Cidara Therapeutics
3.2% of the fund
Warner Bros. DiscoveryWBD
1.4% of the fund
Astria Therapeutics
1.0% of the fund
Activate Energy Acquisit CORAEAQU
1.0% of the fund
KenvueKVUE
0.7% of the fund
Silicon VY AcquisitionSVAQU
0.5% of the fund
Daedalus SPL Acquisition CORDSACU
0.4% of the fund
General Purp Acquisition CORGPACU
0.4% of the fund
Safeguard AcquisitionSAC-U
0.3% of the fund
Leapfrog AcquisitionLFACU
0.3% of the fund
American Drive Acquisition CADACU
0.2% of the fund
Bluerock AcquisitionBLRKU
0.2% of the fund
Iron Horse Acquisit IIIRHOU
0.2% of the fund
Social Comm PartnersSCPQU
0.2% of the fund
Launchpad Cadenza AcquLPCVU
0.2% of the fund

Added

Bought more of a stock they already held.

Norfolk SouthernNSC
11.0% of the fund
+49%
Chart Inds
4.7% of the fund
+23%
Anywhere Real Estate
2.1% of the fund
+307%
Brighthouse FinancialBHF
1.5% of the fund
+1111%
Cantor Equity Partners II IN
<0.1% of the fund
+2%

Cut

Sold some of their stake.

Riot PlatformsRIOT
0.1% of the fund
-52%

Sold out

Sold their entire stake.

Verona Pharma
-100%
Merus N V
-100%
MR Cooper Group
-100%
MAC Copper
-100%
Informatica
-100%
89bio
-100%
Integral AD Science Hldng
-100%
Skechers U S A
-100%
Staar SurgicalSTAA
-100%
Omnicom GroupOMC
-100%
Hanesbrands
-100%
Kellogg
-100%
Avidxchange Holdings
-100%
InfleqtionINFQ
-100%
TripAdvisorTRIP
-100%

Holdings

Norfolk SouthernNSC
Share
11.0%
Value
$142m
Shares
491,015
+49%
Confluent
Share
8.8%
Value
$113m
Shares
3,750,000
New
Exact Sciences
Share
7.9%
Value
$103m
Shares
1,009,312
New
Cyberark Software
Share
7.0%
Value
$91m
Shares
203,327
Held
Frontier Communications Pare
Share
6.4%
Value
$83m
Shares
2,187,709
Held
Ceridian HCM Hldg
Share
6.0%
Value
$78m
Shares
1,125,512
New
Avidity Biosciences
Share
5.8%
Value
$75m
Shares
1,045,320
New
DigitalBridge GroupDBRG
Share
5.8%
Value
$75m
Shares
4,904,449
New
Electronic ArtsEA
Share
4.8%
Value
$62m
Shares
302,787
New
Chart Inds
Share
4.7%
Value
$61m
Shares
295,380
+23%
Clearwater Analytics Hldgs I
Share
4.6%
Value
$60m
Shares
2,468,400
New
Air Lease
Share
4.3%
Value
$55m
Shares
860,598
New
Hologic
Share
4.2%
Value
$54m
Shares
727,335
New
Amicus Therapeutics
Share
3.3%
Value
$43m
Shares
2,994,400
New
Cidara Therapeutics
Share
3.2%
Value
$41m
Shares
185,313
New
Anywhere Real Estate
Share
2.1%
Value
$27m
Shares
1,910,543
+307%
Brighthouse FinancialBHF
Share
1.5%
Value
$20m
Shares
302,796
+1111%
Warner Bros. DiscoveryWBD
Share
1.4%
Value
$19m
Shares
645,906
New
Astria Therapeutics
Share
1.0%
Value
$13m
Shares
1,025,278
New
Activate Energy Acquisit CORAEAQU
Share
1.0%
Value
$12m
Shares
1,250,000
New
Sapiens Intl Corp N V SHS
Share
0.8%
Value
$10m
Shares
237,032
Held
KenvueKVUE
Share
0.7%
Value
$9m
Shares
508,463
New
Silicon VY AcquisitionSVAQU
Share
0.5%
Value
$6m
Shares
600,000
New
Daedalus SPL Acquisition CORDSACU
Share
0.4%
Value
$5m
Shares
500,000
New
General Purp Acquisition CORGPACU
Share
0.4%
Value
$5m
Shares
500,000
New
Safeguard AcquisitionSAC-U
Share
0.3%
Value
$4m
Shares
400,000
New
Leapfrog AcquisitionLFACU
Share
0.3%
Value
$3m
Shares
325,000
New
Drugs Made IN Amer AcqutnDMAAU
Share
0.2%
Value
$3m
Shares
303,810
Held
American Drive Acquisition CADACU
Share
0.2%
Value
$3m
Shares
295,000
New
Bluerock AcquisitionBLRKU
Share
0.2%
Value
$3m
Shares
275,000
New
Iron Horse Acquisit IIIRHOU
Share
0.2%
Value
$3m
Shares
274,443
New
Social Comm PartnersSCPQU
Share
0.2%
Value
$2m
Shares
200,000
New
Launchpad Cadenza AcquLPCVU
Share
0.2%
Value
$2m
Shares
200,000
New
Riot PlatformsRIOT
Share
0.1%
Value
$2m
Shares
120,777
-52%
Ithax Acquisition Corp IIIITHAU
Share
0.1%
Value
$1m
Shares
150,000
New
Meshflow AcquisitionMESHU
Share
<0.1%
Value
$1m
Shares
125,000
New
METSERA INC CVR from 59267L107
Share
<0.1%
Value
$1m
Shares
246,178
New
Rocket CompaniesRKT
Share
<0.1%
Value
$1m
Shares
53,755
New
M3-Brigade Acquisition VIMBVIU
Share
<0.1%
Value
$779,402
Shares
76,978
Held
Udemy
Share
<0.1%
Value
$585,000
Shares
100,000
New
Futurecrest AcquisitionFCRS-U
Share
<0.1%
Value
$518,758
Shares
50,660
Held
Cantor Equity Partners II IN
Share
<0.1%
Value
$294,776
Shares
26,179
+2%
Cantor Equity Partners IVCEPF
Share
<0.1%
Value
$264,535
Shares
25,733
Held
Trailblazer AcquisitionBLZRU
Share
<0.1%
Value
$260,729
Shares
25,437
Held
Figx CAP AcquisitionFIGXU
Share
<0.1%
Value
$259,590
Shares
25,500
Held
Cantor Equity Partners VCEPV
Share
<0.1%
Value
$258,628
Shares
25,232
New
1RT AcquisitionONCHU
Share
<0.1%
Value
$105,394
Shares
10,134
New
Oxley Bridge ACQOBAWU
Share
<0.1%
Value
$104,428
Shares
10,223
Held
Cantor Equity Partners III ICAEP
Share
<0.1%
Value
$104,142
Shares
10,210
Held
HCM III AcquisitionHCMAU
Share
<0.1%
Value
$31,678
Shares
3,080
New

Company	Share of fund	Value	Shares	Change
Norfolk SouthernNSC	11.0%	$142m	491,015	+49%
Confluent	8.8%	$113m	3,750,000	New
Exact Sciences	7.9%	$103m	1,009,312	New
Cyberark Software	7.0%	$91m	203,327	Held
Frontier Communications Pare	6.4%	$83m	2,187,709	Held
Ceridian HCM Hldg	6.0%	$78m	1,125,512	New
Avidity Biosciences	5.8%	$75m	1,045,320	New
DigitalBridge GroupDBRG	5.8%	$75m	4,904,449	New
Electronic ArtsEA	4.8%	$62m	302,787	New
Chart Inds	4.7%	$61m	295,380	+23%
Clearwater Analytics Hldgs I	4.6%	$60m	2,468,400	New
Air Lease	4.3%	$55m	860,598	New
Hologic	4.2%	$54m	727,335	New
Amicus Therapeutics	3.3%	$43m	2,994,400	New
Cidara Therapeutics	3.2%	$41m	185,313	New
Anywhere Real Estate	2.1%	$27m	1,910,543	+307%
Brighthouse FinancialBHF	1.5%	$20m	302,796	+1111%
Warner Bros. DiscoveryWBD	1.4%	$19m	645,906	New
Astria Therapeutics	1.0%	$13m	1,025,278	New
Activate Energy Acquisit CORAEAQU	1.0%	$12m	1,250,000	New
Sapiens Intl Corp N V SHS	0.8%	$10m	237,032	Held
KenvueKVUE	0.7%	$9m	508,463	New
Silicon VY AcquisitionSVAQU	0.5%	$6m	600,000	New
Daedalus SPL Acquisition CORDSACU	0.4%	$5m	500,000	New
General Purp Acquisition CORGPACU	0.4%	$5m	500,000	New
Safeguard AcquisitionSAC-U	0.3%	$4m	400,000	New
Leapfrog AcquisitionLFACU	0.3%	$3m	325,000	New
Drugs Made IN Amer AcqutnDMAAU	0.2%	$3m	303,810	Held
American Drive Acquisition CADACU	0.2%	$3m	295,000	New
Bluerock AcquisitionBLRKU	0.2%	$3m	275,000	New
Iron Horse Acquisit IIIRHOU	0.2%	$3m	274,443	New
Social Comm PartnersSCPQU	0.2%	$2m	200,000	New
Launchpad Cadenza AcquLPCVU	0.2%	$2m	200,000	New
Riot PlatformsRIOT	0.1%	$2m	120,777	-52%
Ithax Acquisition Corp IIIITHAU	0.1%	$1m	150,000	New
Meshflow AcquisitionMESHU	<0.1%	$1m	125,000	New
METSERA INC CVR from 59267L107	<0.1%	$1m	246,178	New
Rocket CompaniesRKT	<0.1%	$1m	53,755	New
M3-Brigade Acquisition VIMBVIU	<0.1%	$779,402	76,978	Held
Udemy	<0.1%	$585,000	100,000	New
Futurecrest AcquisitionFCRS-U	<0.1%	$518,758	50,660	Held
Cantor Equity Partners II IN	<0.1%	$294,776	26,179	+2%
Cantor Equity Partners IVCEPF	<0.1%	$264,535	25,733	Held
Trailblazer AcquisitionBLZRU	<0.1%	$260,729	25,437	Held
Figx CAP AcquisitionFIGXU	<0.1%	$259,590	25,500	Held
Cantor Equity Partners VCEPV	<0.1%	$258,628	25,232	New
1RT AcquisitionONCHU	<0.1%	$105,394	10,134	New
Oxley Bridge ACQOBAWU	<0.1%	$104,428	10,223	Held
Cantor Equity Partners III ICAEP	<0.1%	$104,142	10,210	Held
HCM III AcquisitionHCMAU	<0.1%	$31,678	3,080	New

Over time and by industry

Value over time

Jun '25

Dec '25

Value is up 139.5% since 30 June 2025.

Where the money is

Industrials11.0%

Financial services7.6%

Technology4.8%

Media & telecom1.4%

Everyday goods0.7%

Other74.6%

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.