Capricorn Investment 13F annual report
Capricorn Investment is an investment fund managing more than $391 billion ran by Eric Techel. There are currently 8 companies in Mr. Techel’s portfolio. The largest investments include Joby Aviation and QuantumScape, together worth $257 billion.
$391 billion Assets Under Management (AUM)
As of 7th August 2024, Capricorn Investment’s top holding is 40,360,591 shares of Joby Aviation currently worth over $184 billion and making up 47.0% of the portfolio value.
In addition, the fund holds 14,794,635 shares of QuantumScape worth $72.8 billion, whose value fell 29.2% in the past six months.
The third-largest holding is Tesla Inc worth $38.8 billion and the next is Navitas Semiconductor worth $37.2 billion, with 9,181,581 shares owned.
Currently, Capricorn Investment's portfolio is worth at least $391 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Capricorn Investment
The Capricorn Investment office and employees reside in Palo Alto, California. According to the last 13-F report filed with the SEC, Eric Techel serves as the Partner at Capricorn Investment.
Recent trades
Eric Techel disclosed a decreased stake in Joby Aviation by approximately 0.1%.
This leaves the value of the investment at $184 billion and 40,360,591 shares.
One of the smaller hedge funds
The two most similar investment funds to Capricorn Investment are Dohj and Parkside Advisors. They manage $391 billion and $391 billion respectively.
Eric Techel investment strategy
Capricorn Investment’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 28.5% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
13% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $168 billion.
The complete list of Capricorn Investment trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Joby Aviation |
1.45%
40,360,591
|
$184,069,694,000 | 47.04% |
| QuantumScape Corporation |
No change
14,794,635
|
$72,789,604,000 | 18.60% |
| Tesla Inc |
No change
196,193
|
$38,822,671,000 | 9.92% |
| Navitas Semiconductor |
4.53%
9,181,581
|
$37,246,086,000 | 9.52% |
| Sdcl Edge Acquisition Corp (spac) |
No change
2,000,000
|
$22,000,000,000 | 5.62% |
| Planet Labs |
No change
7,141,130
|
$13,282,502,000 | 3.39% |
| Ecofin Us Renewables Infrastructure Plc |
No change
22,500,000
|
$11,700,000,000 | 2.99% |
| Owl Rock Capital Corp |
No change
743,794
|
$11,424,676,000 | 2.92% |
| No transactions found | |||
| Showing first 500 out of 8 holdings | |||
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