Kryger Capital portfolio

What changed this quarter

75 positions with a change (29 new, 21 added to, 17 trimmed, 8 sold); also, 2 entered through an IPO, 9 exited through an acquisition or merger, 7 entered through a spin-off. 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• Apogee Therapeutics+5.6 ppof portfolioNew
  — → 5.6%
• Norfolk Southern+45%more sharesIncreased
  10.8% → 13.8%
• Chart Industries+62%more sharesIncreased
  8.0% → 10.6%
• AES+204%more sharesIncreased
  2.2% → 5.7%
• Kenvue+64%more sharesIncreased
  6.4% → 9.3%
• Roku+3.3 ppof portfolioNew
  — → 3.3%
• DigitalBridge Group+35%more sharesIncreased
  7.3% → 8.1%
• Electronic Arts+35%more sharesIncreased
  7.3% → 8.0%
• Nuvalent+2.0 ppof portfolioNew
  — → 2.0%
• Silicon Laboratories+83%more sharesIncreased
  2.6% → 4.1%
• Caesars Entertainment+1.7 ppof portfolioNew
  — → 1.7%
• Organon+1.7 ppof portfolioNew
  — → 1.7%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• Norfolk SouthernNSC13.8%
• Chart Industries10.6%
• KenvueKVUE9.3%
• DigitalBridge GroupDBRG8.1%
• Electronic ArtsEA8.0%
• Warner Bros. DiscoveryWBD6.3%
• AESAES5.7%
• Apogee Therapeutics5.6%
• Silicon LaboratoriesSLAB4.1%
• RokuROKU3.3%
• Brighthouse FinancialBHF2.8%
• Nuvalent2.0%
• PenumbraPEN1.9%
• Caesars EntertainmentCZR1.7%
• OrganonOGN1.7%
• Bio-techneTECH1.1%
• Lafayette Digital Acquisition Corp. IZKP · ZKPW0.9%
• Mountain Lake Acquisition Corp. IIMLAA0.7%
• Translational Development AcquisitionTDAC0.7%
• Illumination Acquisition Corp IILLU · ILLUW0.6%
• Activate Energy AcquisitionAEAQ · AEAQW0.5%
• Abony Acquisition Corp. IAACO · AACOW0.5%
• Aldabra 4 Liquidity Opportunity VehicleALOV · ALOVW0.4%
• Legato Merger Corp. IVLEGO0.4%
• SkydancePSKY0.4%
• Kensington Cap AcquisitionKCAC/U · KCAC/WS(unit)0.4%
• Meshflow AcquisitionMESH0.4%
• SynapticsSYNA0.4%
• Cambridge AcquisitionCAQ · CAQUW0.4%
• Silicon Valley AcquisitionSVAQ · SVAQW0.4%
• HCM IV AcquisitionHACQ · HACQW0.3%
• Newhold Investment Corp III0.3%
• Muzero AcquisitionMUZE · MUZEW0.3%
• Daedalus Special AcquisitionDSAC · DSACW0.3%
• General Purpose AcquisitionGPAC · GPACW0.3%
• Spartacus Acquisition Corp. IITMTS · TMTSW0.3%
• PureCycle TechnologiesPCT0.3%
• Payoneer GlobalPAYO0.3%
• Safeguard AcquisitionSAC · SAC/WS0.2%
• Willow Lane Acquisition Corp. IIWLII · WLIIW0.2%
• Space Asset AcquisitionSAAQ · SAAQW0.2%
• Iron Horse Acquisition IIIRHO · IRHOR0.2%
• Armada Acquisition Corp. IIIAACI · AACIW0.2%
• Leapfrog AcquisitionLFAC · LFACW0.2%
• Cantor Equity Partners VICEPS0.2%
• Drugs Made In America Acquisition IIDMII0.2%
• American Drive AcquisitionADAC · ADACW0.2%
• Tribeca Strategic AcquisitionBIDWU(unit)0.2%
• Texas Ventures Acquisition IIITVACU(unit)0.2%
• Bluerock AcquisitionBLRK · BLRKW0.2%
• Inflection Point Acquisition Corp. VIIIPXG0.1%
• Crane Harbor Acquisition Corp. IICRAN · CRANR0.1%
• Hennessy Capital Investment Corp. ViiiHCIC · HCICR0.1%
• Proem Acquisition Corp IPAAC · PAACW0.1%
• Blue Water Acquisition Corp. IVBWIV0.1%
• Idea AcquisitionIACO0.1%
• Social Commerce PartnersSCPQ · SCPQW0.1%
• Launchpad Cadenza Acquisition Corp ILPCV0.1%
• Newhold Investment Corp IVNHIVU(unit)0.1%
• BILL HoldingsBILL0.1%
• Soren AcquisitionSORN0.1%
• InfleqtionINFQ0.1%
• Ithax Acquisition Corp IIIITHA0.1%
• Rocket CompaniesRKT0.1%
• CompassCOMP0.1%
• New ERA Energy & DigitalNUAI0.1%
• Spring Valley Acquisition Corp. IVSVIV0.1%
• Global Business Travel GroupGBTG0.1%
• MOZAYYX AcquisitionMZYX0.1%
• M3-brigade Acquisition VIMBVIunder 0.1%
• Futurecrest AcquisitionFCRSunder 0.1%
• Cantor Equity Partners IVCEPFunder 0.1%
• Cantor Equity Partners VCEPVunder 0.1%
• Trailblazer AcquisitionBLZRunder 0.1%
• Legato Merger Corp IVLEGO/WS(warrant)under 0.1%