# EDGAR Filing Document

**Accession Number:** 0001901361
**File Stem:** 0001901361-23-000001
**Filing Date:** 2023-1
**Character Count:** 11986
**Document Hash:** 973c1bef1d66bd55ddf523962b9dd9d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001901361-23-000001.hdr.sgml**: 20230117

**ACCESSION NUMBER**: 0001901361-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230117

**DATE AS OF CHANGE**: 20230117

**EFFECTIVENESS DATE**: 20230117

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capricorn Fund Managers Ltd
- **CENTRAL INDEX KEY:** 0001901361
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21977
- **FILM NUMBER:** 23530142

**BUSINESS ADDRESS:**
- **STREET 1:** 2ND FLOOR, MALTA HOUSE
- **STREET 2:** 36-38 PICCADILLY
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1J 0DP
- **BUSINESS PHONE:** 00442073174422

**MAIL ADDRESS:**
- **STREET 1:** 2ND FLOOR, MALTA HOUSE
- **STREET 2:** 36-38 PICCADILLY
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** W1J 0DP

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Capricorn Fund Managers Ltd<br>**Address:** 2ND FLOOR MALTA HOUSE<br>36-38 PICCADILLY<br>LONDON, X0 W1J 0DP

**Form 13F File Number:** 028-21977

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Chinmay Ingole<br>**Title:** Risk Manager<br>**Phone:** 9967020038

**Signature, Place, and Date of Signing:**

Chinmay Ingole  Mumbai, K7  01-10-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 83

**Form 13F Information Table Value Total:** $390657

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| 10X GENOMICS INC | CL A COM | 88025U109 |  | 547 | 15000 | SH |  | SOLE | NONE | 15000 | 0 | 0 |
| ACTIVISION BLIZZARD INC | COM | 00507V109 |  | 6736 | 88000 | SH |  | SOLE | NONE | 88000 | 0 | 0 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 |  | 42850 | 486434 | SH |  | SOLE | NONE | 486434 | 0 | 0 |
| AMAZON COM INC | COM | 023135106 |  | 2498 | 29734 | SH |  | SOLE | NONE | 29734 | 0 | 0 |
| AMPHENOL CORP NEW | CL A | 032095101 |  | 4184 | 54955 | SH |  | SOLE | NONE | 54955 | 0 | 0 |
| ANHEUSER BUSCH INBEV SA/NV | SPONSORED ADR | 03524A108 |  | 5618 | 93565 | SH |  | SOLE | NONE | 93565 | 0 | 0 |
| ARGENX SE | SPONSORED ADR | 04016X101 |  | 4094 | 10808 | SH |  | SOLE | NONE | 10808 | 0 | 0 |
| BAIDU INC | SPON ADR REP A | 056752108 |  | 11053 | 96638 | SH |  | SOLE | NONE | 96638 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 1954 | 59004 | SH |  | SOLE | NONE | 59004 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 2344 | 5 | SH |  | SOLE | NONE | 5 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670702 |  | 3823 | 12375 | SH |  | SOLE | NONE | 12375 | 0 | 0 |
| BHP GROUP LTD | SPONSORED ADS | 088606108 |  | 902 | 14541 | SH |  | SOLE | NONE | 14541 | 0 | 0 |
| BILIBILI INC | SPONS ADS REP Z | 090040106 |  | 1939 | 81831 | SH |  | SOLE | NONE | 81831 | 0 | 0 |
| BOOZ ALLEN HAMILTON HLDG COR | CL A | 099502106 |  | 11664 | 111600 | SH |  | SOLE | NONE | 111600 | 0 | 0 |
| CANADIAN NATL RY CO | COM | 136375102 |  | 749 | 6300 | SH |  | SOLE | NONE | 6300 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 3626 | 20199 | SH |  | SOLE | NONE | 20199 | 0 | 0 |
| CHINA EASTN AIRLS LTD | SPON ADR CL H | 16937R104 |  | 472 | 23394 | SH |  | SOLE | NONE | 23394 | 0 | 0 |
| COCA COLA CO | COM | 191216100 |  | 3348 | 52638 | SH |  | SOLE | NONE | 52638 | 0 | 0 |
| COPART INC | COM | 217204106 |  | 2856 | 46900 | SH |  | SOLE | NONE | 46900 | 0 | 0 |
| COSTCO WHSL CORP NEW | COM | 22160K105 |  | 3012 | 6598 | SH |  | SOLE | NONE | 6598 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 5488 | 12800 | SH |  | SOLE | NONE | 12800 | 0 | 0 |
| DOLLAR GEN CORP NEW | COM | 256677105 |  | 1680 | 6824 | SH |  | SOLE | NONE | 6824 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 2800 | 42492 | SH |  | SOLE | NONE | 42492 | 0 | 0 |
| ENVESTNET INC | COM | 29404K106 |  | 3615 | 58591 | SH |  | SOLE | NONE | 58591 | 0 | 0 |
| ERICSSON | ADR B SEK 10 | 294821608 |  | 2108 | 360919 | SH |  | SOLE | NONE | 360919 | 0 | 0 |
| FARFETCH LTD | ORD SH CL A | 30744W107 |  | 3893 | 823150 | SH |  | SOLE | NONE | 823150 | 0 | 0 |
| FRESENIUS MED CARE AG KGA | SPONSORED ADR | 358029106 |  | 1534 | 93902 | SH |  | SOLE | NONE | 93902 | 0 | 0 |
| GITLAB INC | CLASS A COM | 37637K108 |  | 1636 | 36000 | SH |  | SOLE | NONE | 36000 | 0 | 0 |
| H WORLD GROUP LTD | SPONSORED ADS | 44332N106 |  | 2702 | 63700 | SH |  | SOLE | NONE | 63700 | 0 | 0 |
| HESS CORP | COM | 42809H107 |  | 2836 | 20000 | SH |  | SOLE | NONE | 20000 | 0 | 0 |
| HONDA MOTOR LTD | AMERN SHS | 438128308 |  | 4538 | 198500 | SH |  | SOLE | NONE | 198500 | 0 | 0 |
| ICICI BANK LIMITED | ADR | 45104G104 |  | 6895 | 315000 | SH |  | SOLE | NONE | 315000 | 0 | 0 |
| INFOSYS LTD | SPONSORED ADR | 456788108 |  | 2792 | 155000 | SH |  | SOLE | NONE | 155000 | 0 | 0 |
| INTUIT | COM | 461202103 |  | 1015 | 2608 | SH |  | SOLE | NONE | 2608 | 0 | 0 |
| ISHARES INC | MSCI JPN ETF NEW | 46434G822 |  | 20188 | 370825 | SH |  | SOLE | NONE | 370825 | 0 | 0 |
| ISHARES TR | U.S. MED DVC ETF | 464288810 |  | 3680 | 70000 | SH |  | SOLE | NONE | 70000 | 0 | 0 |
| ISHARES TR | 0-3 MNTH TREASRY | 46436E718 |  | 13729 | 137096 | SH |  | SOLE | NONE | 137096 | 0 | 0 |
| ISHARES TR | GLOB HLTHCRE ETF | 464287325 |  | 24025 | 283044 | SH |  | SOLE | NONE | 283044 | 0 | 0 |
| JAMES HARDIE INDS PLC | SPONSORED ADR | 47030M106 |  | 245 | 13641 | SH |  | SOLE | NONE | 13641 | 0 | 0 |
| JD.COM INC | SPON ADR CL A | 47215P106 |  | 7981 | 142186 | SH |  | SOLE | NONE | 142186 | 0 | 0 |
| KOSMOS ENERGY LTD | COM | 500688106 |  | 903 | 142000 | SH |  | SOLE | NONE | 142000 | 0 | 0 |
| LAUDER ESTEE COS INC | CL A | 518439104 |  | 2908 | 11721 | SH |  | SOLE | NONE | 11721 | 0 | 0 |
| LI AUTO INC | SPONSORED ADS | 50202M102 |  | 11081 | 543193 | SH |  | SOLE | NONE | 543193 | 0 | 0 |
| LILLY ELI  CO | COM | 532457108 |  | 1280 | 3500 | SH |  | SOLE | NONE | 3500 | 0 | 0 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 |  | 993 | 2856 | SH |  | SOLE | NONE | 2856 | 0 | 0 |
| MEDICINOVA INC | COM NEW | 58468P206 |  | 137 | 66716 | SH |  | SOLE | NONE | 66716 | 0 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 6865 | 28627 | SH |  | SOLE | NONE | 28627 | 0 | 0 |
| MITSUBISHI UFJ FINL GROUP IN | SPONSORED ADS | 606822104 |  | 9372 | 1405060 | SH |  | SOLE | NONE | 1405060 | 0 | 0 |
| MIZUHO FINANCIAL GROUP INC | SPONSORED ADR | 60687Y109 |  | 500 | 176165 | SH |  | SOLE | NONE | 176165 | 0 | 0 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 |  | 3134 | 30871 | SH |  | SOLE | NONE | 30871 | 0 | 0 |
| NEW ORIENTAL ED  TECHNOLOGY | SPON ADR | 647581206 |  | 5297 | 152120 | SH |  | SOLE | NONE | 152120 | 0 | 0 |
| NEXTERA ENERGY INC | COM | 65339F101 |  | 1397 | 16714 | SH |  | SOLE | NONE | 16714 | 0 | 0 |
| NOKIA CORP | SPONSORED ADR | 654902204 |  | 810 | 174658 | SH |  | SOLE | NONE | 174658 | 0 | 0 |
| NOV INC | COM | 62955J103 |  | 8266 | 395668 | SH |  | SOLE | NONE | 395668 | 0 | 0 |
| ORIX CORP | SPONSORED ADR | 686330101 |  | 870 | 10806 | SH |  | SOLE | NONE | 10806 | 0 | 0 |
| PEABODY ENERGY CORP | COM | 704551100 |  | 1136 | 43000 | SH |  | SOLE | NONE | 43000 | 0 | 0 |
| POSHMARK INC | COM CL A | 73739W104 |  | 2623 | 146698 | SH |  | SOLE | NONE | 146698 | 0 | 0 |
| RAMACO RES INC | COM | 75134P303 |  | 1056 | 120095 | SH |  | SOLE | NONE | 120095 | 0 | 0 |
| S GLOBAL INC | COM | 78409V104 |  | 1976 | 5900 | SH |  | SOLE | NONE | 5900 | 0 | 0 |
| SALESFORCE INC | COM | 79466L302 |  | 2606 | 19658 | SH |  | SOLE | NONE | 19658 | 0 | 0 |
| SAP SE | SPON ADR | 803054204 |  | 3806 | 36880 | SH |  | SOLE | NONE | 36880 | 0 | 0 |
| SASOL LTD | SPONSORED ADR | 803866300 |  | 1949 | 124071 | SH |  | SOLE | NONE | 124071 | 0 | 0 |
| SCHLUMBERGER LTD | COM STK | 806857108 |  | 2780 | 52000 | SH |  | SOLE | NONE | 52000 | 0 | 0 |
| SHELL PLC | SPON ADS | 780259305 |  | 11851 | 208090 | SH |  | SOLE | NONE | 208090 | 0 | 0 |
| SISECAM RESOURCES LP | COM UNIT LTD | 172464109 |  | 531 | 25292 | SH |  | SOLE | NONE | 25292 | 0 | 0 |
| SONY GROUP CORPORATION | SPONSORED ADR | 835699307 |  | 3631 | 47600 | SH |  | SOLE | NONE | 47600 | 0 | 0 |
| SPDR GOLD TR | GOLD SH | 78463V107 |  | 2884 | 17000 | SH |  | SOLE | NONE | 17000 | 0 | 0 |
| SPDR SER TR | S BIOTECH | 78464A870 |  | 6428 | 77442 | SH |  | SOLE | NONE | 77442 | 0 | 0 |
| STMICROELECTRONICS N V | NY REGISTRY | 861012102 |  | 5517 | 155116 | SH |  | SOLE | NONE | 155116 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 3304 | 20000 | SH |  | SOLE | NONE | 20000 | 0 | 0 |
| THE REALREAL INC | COM | 88339P101 |  | 480 | 384000 | SH |  | SOLE | NONE | 384000 | 0 | 0 |
| THERMO FISHER SCIENTIFIC INC | COM | 883556102 |  | 3690 | 6700 | SH |  | SOLE | NONE | 6700 | 0 | 0 |
| TIDEWATER INC NEW | COM | 88642R109 |  | 553 | 15000 | SH |  | SOLE | NONE | 15000 | 0 | 0 |
| TRIP COM GROUP LT | ADS | 89677Q107 |  | 9943 | 289050 | SH |  | SOLE | NONE | 289050 | 0 | 0 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 3075 | 5800 | SH |  | SOLE | NONE | 5800 | 0 | 0 |
| VANECK ETF TRUST | OIL SERVICES ETF | 92189H607 |  | 2098 | 6900 | SH |  | SOLE | NONE | 6900 | 0 | 0 |
| VANECK ETF TRUST | GOLD MINERS ETF | 92189F106 |  | 7280 | 254000 | SH |  | SOLE | NONE | 254000 | 0 | 0 |
| VISA INC | COM CL A | 92826C839 |  | 11260 | 54195 | SH |  | SOLE | NONE | 54195 | 0 | 0 |
| WOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 980228308 |  | 1827 | 75455 | SH |  | SOLE | NONE | 75455 | 0 | 0 |
| WPP PLC NEW | ADR | 92937A102 |  | 404 | 8218 | SH |  | SOLE | NONE | 8218 | 0 | 0 |
| YUM CHINA HLDGS INC | COM | 98850P109 |  | 4679 | 85614 | SH |  | SOLE | NONE | 85614 | 0 | 0 |
| ZIPRECRUITER INC | CL A | 98980B103 |  | 9987 | 608250 | SH |  | SOLE | NONE | 608250 | 0 | 0 |
| ZTO EXPRESS CAYMAN INC | SPONSORED ADS A | 98980A105 |  | 1841 | 68500 | SH |  | SOLE | NONE | 68500 | 0 | 0 |

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