Institutional Manager · CIK 0001536261

Capricorn Investment Group LLC

Palo Alto, CA · File #028-22216

Latest AUM

$826.0M

Positions

Top-10 Concentration

100.0%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
NEW	Owl Rock Technology Finance Corp	OTF	+5,440,791	+$78.9M	$0
NEW	Heartflow	HTFL	+1,661,601	+$48.2M	$0
REDUCE	Quantumscape Corp.	QS	-3,297,645	-$34.4M	-$28.1M
REDUCE	Joby Aviation	JOBY-WT	-1,799,791	-$23.8M	-$94.1M
REDUCE	Navitas Semiconductor	NVTS	-1,188,884	-$8.5M	-$734,526
REDUCE	Planet Labs	PL-WT	0	$0	+$48.1M
REDUCE	Ecofin US Renewables Infrastructure PLC	00BLPK443	0	$0	-$135,000

Sector Allocation

Consumer Discretionary

14.5%$119.8M

Financials

9.6%$78.9M

Technology

6.9%$57.1M

Healthcare

5.8%$48.2M

Filing History

Feb 17, 202613F HOLDINGS REPORTQ/E Dec 20257 pos · $826.0M
Nov 14, 202513F HOLDINGS REPORTQ/E Sep 20255 pos · $840.4M
Aug 12, 202513F HOLDINGS REPORTQ/E Jun 20255 pos · $610.1M
May 9, 202513F HOLDINGS REPORTQ/E Mar 20257 pos · $462.9M
Feb 12, 202513F HOLDINGS REPORTQ/E Dec 20247 pos · $532.6M
Nov 14, 202413F HOLDINGS REPORTQ/E Sep 20248 pos · $406.4M
Aug 14, 202413F HOLDINGS REPORTQ/E Jun 20248 pos · $391.3M
May 13, 202413F HOLDINGS REPORTQ/E Mar 20248 pos · $429.7M
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 20238 pos · $511.5M

Top 7 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	Joby Aviation	JOBY-WT	28,470,647	$375.8M	45.50%
2	Planet Labs	PL-WT	7,141,130	$140.8M	17.05%
3	Quantumscape Corp.	QS	11,496,990	$119.8M	14.50%
4	Owl Rock Technology Finance Corp	OTF	5,440,791	$78.9M	9.55%
5	Navitas Semiconductor	NVTS	7,992,697	$57.1M	6.91%
6	Heartflow	HTFL	1,661,601	$48.2M	5.83%
7	Ecofin US Renewables Infrastructure PLC	00BLPK443	22,500,000	$5.4M	0.65%