Capricorn Fund Managers Ltd Invests $6.93M in HealthEquity, Inc.

The institutional investor now owns 0.09% of the healthcare technology company.

Apr. 6, 2026 at 8:42am

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Capricorn Fund Managers Ltd, an institutional investor, purchased a new position in HealthEquity, Inc. (NASDAQ:HQY) during the fourth quarter, according to a recent SEC filing. The firm acquired 75,602 shares of the company's stock, valued at approximately $6.93 million, making HealthEquity the 20th largest holding in Capricorn's portfolio.

Why it matters

This investment highlights the continued institutional interest in HealthEquity, a leading administrator of consumer-directed health accounts and related benefit solutions. As healthcare costs rise, HealthEquity's technology-driven platform that helps employers, health plans, and individuals manage healthcare spending has attracted significant investor attention.

The details

Capricorn Fund Managers Ltd purchased the 75,602 shares of HealthEquity, accounting for approximately 0.09% of the company's outstanding shares. This new position was established during the fourth quarter of the previous fiscal year. HealthEquity provides a range of services, including health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs), to help individuals and organizations manage healthcare costs.

  • Capricorn Fund Managers Ltd purchased the HealthEquity shares during the fourth quarter of the previous fiscal year.

The players

Capricorn Fund Managers Ltd

An institutional investment firm that has now established a position in HealthEquity, Inc., owning approximately 0.09% of the company's shares.

HealthEquity, Inc.

A leading administrator of consumer-directed health accounts and related benefit solutions, headquartered in Draper, Utah.

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The takeaway

This investment by Capricorn Fund Managers Ltd underscores the growing institutional interest in HealthEquity, a company that provides innovative solutions to help individuals and organizations manage healthcare costs in an increasingly complex and expensive environment. As healthcare costs continue to rise, HealthEquity's technology-driven platform is well-positioned to attract further investment and support.