1y return+45.4%S&P 500 +20.9%
3y return+41.7%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2021: $120 against $157 in the S&P 500.2
Capricorn Investment Group LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| SPCXSpace Exploration Technologies Corp | $20.6B | 91.8% | New |
| FRVOFervo Energy Company | $1.0B | 4.4% | New |
| Joby AviationCUSIP G65163100 | $254.0M | 1.1% | |
| XNDUXanadu Quantum Technologies | $134.2M | 0.6% | New |
| PLPlanet Labs | $133.1M | 0.6% | −25.0% |
| NVTSNavitas Semiconductor | $127.8M | 0.6% | −10.7% |
| QSQuantumscape Corp. | $86.9M | 0.4% | |
| OTFOwl Rock Technology Finance Corp | $58.3M | 0.3% | |
| TSLATesla Motors | $50.5M | 0.2% | New |
| Ecofin US Renewables Infrastructure PLCCUSIP 00BLPK443 | $3.4M | 0.0% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| PLPlanet Labs | December 31, 2021 | +438.7% | $133.1M |
| Joby AviationCUSIP G65163100 | December 31, 2021 | +22.2% | $254.0M |
| OTFOwl Rock Technology Finance Corp | December 31, 2025 | −28.8% | $58.3M |
| QSQuantumscape Corp. | December 31, 2021 | −65.9% | $86.9M |
Sold off last quarter
- HTFLHeartflow was $6.5M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +20.3% | +14.8% |
| March 31, 2026 | −16.4% | −4.6% |
| December 31, 2025 | −8.4% | +2.4% |
| September 30, 2025 | +57.8% | +7.8% |
| June 30, 2025 | +65.2% | +10.5% |
| March 31, 2025 | −26.3% | −4.6% |
| December 31, 2024 | +43.3% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | −8.9% | +4.0% |
| March 31, 2024 | −19.4% | +10.0% |
| December 31, 2023 | +4.3% | +11.2% |
| September 30, 2023 | −29.0% | −3.6% |
| June 30, 2023 | +57.8% | +8.3% |
| March 31, 2023 | +36.8% | +7.0% |
| December 31, 2022 | −26.8% | +7.1% |
| September 30, 2022 | −0.4% | −5.3% |
| June 30, 2022 | −38.7% | −16.5% |
| March 31, 2022 | −12.0% | −4.9% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Capricorn Investment Group LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1536261&type=13F-HR&dateb=&owner=include&count=40CIK 1536261
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1536261/000110465926096768/Filed August 14, 2026 · accession 0001104659-26-096768