KRYGER CAPITAL Ltd
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), KRYGER CAPITAL Ltd reported 50 stock positions worth $1.3 billion. Its top holding was Norfolk Southern (NSC) at 11.0% of the portfolio, followed by Confluent Class A (CFLT, 8.8%) and Exact Sciences (EXAS, 7.9%). Compared with Q3 2025, it opened 33 new positions, sold out of 15, added to 16 and reduced 1. The biggest buy was a new position in Confluent Class A (CFLT) and the biggest sale an exit from Verona Pharma (VRNA).
- Most Recent 13F
- Q4 2025
- Location
- LONDON, X0
- CIK
- 0001911807
- Portfolio Value
- $1.3B (Q4 2025)
- SEC Filing
- 0001911807-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 50 stocks · $1.3B
| NSC Norfolk Southern Corp. | 10.95% | 491,015 | $141.8M | Add +49.3% |
| CFLT Confluent Inc. Class A | 8.76% | 3,750,000 | $113.4M | New |
| EXAS Exact Sciences Corp. | 7.92% | 1,009,312 | $102.5M | New |
| CYBR Cyberark Software Ltd./Israel | 7.01% | 203,327 | $90.7M | Add +0.7% |
| FYBR Frontier Communications Pare | 6.43% | 2,187,709 | $83.3M | Add +1.5% |
| DAY Dayforce Inc. | 6.01% | 1,125,512 | $77.8M | New |
| RNAM Avidity Biosciences Inc. | 5.82% | 1,045,320 | $75.4M | New |
| DBRG Digitalbridge Group Inc. | 5.81% | 4,904,449 | $75.2M | New |
| EA Electronic Arts Inc. | 4.78% | 302,787 | $61.9M | New |
| GTLS Chart Industries Inc. | 4.71% | 295,380 | $60.9M | Add +22.6% |
| CWAN Clearwater Analytics HDS-A | 4.60% | 2,468,400 | $59.5M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 4.27% | 860,598 | $55.3M | New |
| HOLX Hologic Inc. | 4.18% | 727,335 | $54.2M | New |
| FOLD Amicus Therapeutics Inc. | 3.29% | 2,994,400 | $42.6M | New |
| CDTX Cidara Therapeutics Inc. | 3.16% | 185,313 | $40.9M | New |
| HOUS Anywhere Real Estate Inc. | 2.09% | 1,910,543 | $27.1M | Add +306.5% |
| BHF Brighthouse Financial Inc. | 1.52% | 302,796 | $19.6M | Add +1111.2% |
| WBD Warner Bros Discovery Inc. | 1.44% | 645,906 | $18.6M | New |
| ATXS Astria Therapeutics Inc. | 1.04% | 1,025,278 | $13.4M | New |
| AEAQU Activate Energy Acquisition | 0.97% | 1,250,000 | $12.5M | New |
| SPNS Sapiens International Corp. | 0.80% | 237,032 | $10.3M | Add +1.4% |
| KVUE Kenvue Inc. | 0.68% | 508,463 | $8.8M | New |
| SVAQU Silicon Valley Acquisition C | 0.46% | 600,000 | $6.0M | New |
| DSACU Daedalus Special Acquisition | 0.39% | 500,000 | $5.0M | New |
| GPACU General Purpose Acquisition | 0.39% | 500,000 | $5.0M | New |
| SAC.U Safeguard Acquisition Corp. | 0.31% | 400,000 | $4.0M | New |
| LFACU Leapfrog Acquisition Corp. | 0.25% | 325,000 | $3.3M | New |
| DMAAU Drugs Made in America Acquis | 0.23% | 303,810 | $3.0M | Add +1.3% |
| ADACU American Drive Acquisition C | 0.23% | 295,000 | $2.9M | New |
| BLRKU Bluerock Acquisition Corp. | 0.21% | 275,000 | $2.8M | New |
| IRHOU Iron Horse Acquisition II Co. | 0.21% | 274,443 | $2.7M | New |
| SCPQU Social Commerce Partners Cor | 0.15% | 200,000 | $2.0M | New |
| LPCVU Launchpad Cadenza Acquisitio | 0.15% | 200,000 | $2.0M | New |
| RIOT Riot Platforms Inc. | 0.12% | 120,777 | $1.5M | Reduce -51.7% |
| ITHAU Ithax Acquisition Corp. III | 0.12% | 150,000 | $1.5M | New |
| MESHU Meshflow Acquisition Corp. | 0.10% | 125,000 | $1.3M | New |
| METSERA INC CVR from 59267L107 | 0.09% | 246,178 | $1.2M | New |
| RKT Rocket Cos Inc. Class A | 0.08% | 53,755 | $1.0M | New |
| MBVIU M3-Brigade Acquisition Vi Co. | 0.06% | 76,978 | $779K | Add +1.3% |
| UDMY Udemy Inc. | 0.05% | 100,000 | $585K | New |
| FCRS.U Futurecrest Acquisition Corp. | 0.04% | 50,660 | $519K | Add +1.3% |
| CEPT Cantor Equity Partners Class A | 0.02% | 26,179 | $295K | Add +2.4% |
| CEPF Cantor Equity Partners Class A | 0.02% | 25,733 | $265K | Add +1.5% |
| BLZRU Trailblazer Acquisition Corp. | 0.02% | 25,437 | $261K | Add +1.8% |
| FIGXU Figx Capital Acquisition Cor | 0.02% | 25,500 | $260K | Add +1.3% |
| CEPV Cantor Equity Partners Class A | 0.02% | 25,232 | $259K | New |
| ONCHU 1RT Acquisition Corp. | 0.01% | 10,134 | $105K | New |
| OBAWU Oxley Bridge Acquisition Ltd. | 0.01% | 10,223 | $104K | Add +1.3% |
| CAEP Cantor Equity Partners III-A | 0.01% | 10,210 | $104K | Add +1.7% |
| HCMAU HCM III Acquisition Corp. | 0.00% | 3,080 | $32K | New |
Portfolio Sells Q3 2025 → Q4 2025
| VRNA Verona Pharma Ltd. | Sold out | 0.00% | −11.86 |
| MRUS Merus NV | Sold out | 0.00% | −11.46 |
| COOP Mr Cooper Group Inc. | Sold out | 0.00% | −9.91 |
| MAC COPPER LTD | Sold out | 0.00% | −5.16 |
| INFA Informatica Inc. Class A | Sold out | 0.00% | −4.67 |
| ETNB 89BIO Inc. | Sold out | 0.00% | −3.99 |
| IAS Integral Ad Science Holding | Sold out | 0.00% | −3.52 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −1.99 |
| STAA Staar Surgical Co. | Sold out | 0.00% | −1.94 |
| OMC Omnicom Group | Sold out | 0.00% | −1.63 |
| HBI Hanesbrands Inc. | Sold out | 0.00% | −1.16 |
| K Kellanova | Sold out | 0.00% | −0.95 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −0.87 |
| RIOT Riot Platforms Inc. | Reduce -51.7% | 0.12% | −0.43 |
| INFQ Infleqtion Inc. | Sold out | 0.00% | −0.15 |
| TRIP Tripadvisor Inc. | Sold out | 0.00% | −0.09 |
Portfolio Buys Q3 2025 → Q4 2025
| CFLT Confluent Inc. Class A | New | 8.76% | +8.76 |
| EXAS Exact Sciences Corp. | New | 7.92% | +7.92 |
| DAY Dayforce Inc. | New | 6.01% | +6.01 |
| RNAM Avidity Biosciences Inc. | New | 5.82% | +5.82 |
| DBRG Digitalbridge Group Inc. | New | 5.81% | +5.81 |
| EA Electronic Arts Inc. | New | 4.78% | +4.78 |
| CWAN Clearwater Analytics HDS-A | New | 4.60% | +4.60 |
| AL Sumisho Air Lease Corp. | New | 4.27% | +4.27 |
| HOLX Hologic Inc. | New | 4.18% | +4.18 |
| FOLD Amicus Therapeutics Inc. | New | 3.29% | +3.29 |
| CDTX Cidara Therapeutics Inc. | New | 3.16% | +3.16 |
| HOUS Anywhere Real Estate Inc. | Add +306.5% | 2.09% | +1.51 |
| WBD Warner Bros Discovery Inc. | New | 1.44% | +1.44 |
| BHF Brighthouse Financial Inc. | Add +1111.2% | 1.52% | +1.36 |
| ATXS Astria Therapeutics Inc. | New | 1.04% | +1.04 |
| AEAQU Activate Energy Acquisition | New | 0.97% | +0.97 |
| KVUE Kenvue Inc. | New | 0.68% | +0.68 |
| SVAQU Silicon Valley Acquisition C | New | 0.46% | +0.46 |
| DSACU Daedalus Special Acquisition | New | 0.39% | +0.39 |
| GPACU General Purpose Acquisition | New | 0.39% | +0.39 |
| SAC.U Safeguard Acquisition Corp. | New | 0.31% | +0.31 |
| LFACU Leapfrog Acquisition Corp. | New | 0.25% | +0.25 |
| ADACU American Drive Acquisition C | New | 0.23% | +0.23 |
| BLRKU Bluerock Acquisition Corp. | New | 0.21% | +0.21 |
| IRHOU Iron Horse Acquisition II Co. | New | 0.21% | +0.21 |
| SCPQU Social Commerce Partners Cor | New | 0.15% | +0.15 |
| LPCVU Launchpad Cadenza Acquisitio | New | 0.15% | +0.15 |
| ITHAU Ithax Acquisition Corp. III | New | 0.12% | +0.12 |
| MESHU Meshflow Acquisition Corp. | New | 0.10% | +0.10 |
| METSERA INC CVR from 59267L107 | New | 0.09% | +0.09 |
| RKT Rocket Cos Inc. Class A | New | 0.08% | +0.08 |
| UDMY Udemy Inc. | New | 0.05% | +0.05 |
| CEPV Cantor Equity Partners Class A | New | 0.02% | +0.02 |
| ONCHU 1RT Acquisition Corp. | New | 0.01% | +0.01 |
| HCMAU HCM III Acquisition Corp. | New | 0.00% | +0.00 |
| OBAWU Oxley Bridge Acquisition Ltd. | Add +1.3% | 0.01% | −0.00 |
| CAEP Cantor Equity Partners III-A | Add +1.7% | 0.01% | −0.00 |
| CEPT Cantor Equity Partners Class A | Add +2.4% | 0.02% | −0.01 |
| FIGXU Figx Capital Acquisition Cor | Add +1.3% | 0.02% | −0.01 |
| CEPF Cantor Equity Partners Class A | Add +1.5% | 0.02% | −0.01 |
| BLZRU Trailblazer Acquisition Corp. | Add +1.8% | 0.02% | −0.01 |
| FCRS.U Futurecrest Acquisition Corp. | Add +1.3% | 0.04% | −0.02 |
| MBVIU M3-Brigade Acquisition Vi Co. | Add +1.3% | 0.06% | −0.03 |
| DMAAU Drugs Made in America Acquis | Add +1.3% | 0.23% | −0.11 |
| SPNS Sapiens International Corp. | Add +1.4% | 0.80% | −0.37 |
| NSC Norfolk Southern Corp. | Add +49.3% | 10.95% | −0.47 |
| GTLS Chart Industries Inc. | Add +22.6% | 4.71% | −0.87 |
| FYBR Frontier Communications Pare | Add +1.5% | 6.43% | −2.87 |
| CYBR Cyberark Software Ltd./Israel | Add +0.7% | 7.01% | −4.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q4 2025 | 50 | $1.3B | NSC, CFLT, EXAS, CYBR, FYBR |
| Q3 2025 | 32 | $865.5M | VRNA, MRUS, NSC, CYBR, COOP |
| Q2 2025 | 16 | $540.5M | HES, AZEK, FYBR, SKX, SWTX |
| Q1 2025 | 20 | $852.5M | HES, BERY, ITCI, FYBR, CHX |
| Q4 2024 | 12 | $385.6M | HES, SUM, K, ALTM, BERY |
| Q3 2024 | 16 | $803.5M | HES, HCP, AXONICS INC, SWN, NVEI |
| Q2 2024 | 14 | $871.9M | HES, HCP, WRK, AXONICS INC, NVEI |
| Q1 2024 | 12 | $536.0M | HES, SWN, WRK, AXONICS INC, PXD |