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Investment trust
HGTHG Capital Trust plc
Managed by Hg Pooled Management Limited
Latest factsheet
31 Mar 2026
Net assets
£2.40bn
vs asset value
26.5% discount
Holdings
40
The objective of HgCapital Trust ('HgT') is to provide shareholders with consistent long-term returns in excess of the FTSE All-Share Index by investing predominantly in unquoted companies where value can be created through strategic and operational change.
26.5% discount — the shares change hands for less than the value of what the trust owns. Unlike an open-ended fund, a trust’s shares are bought and sold on the stock exchange, so their price is whatever buyers and sellers agree — not the value of the portfolio behind them.Share price 3.88 · asset value per share 5.28 (GBP)
Cumulative performance
| Period | Trust | FTSE 250 |
|---|---|---|
| YTD | -5.40% | +2.40% |
| 1Y | +0.40% | +21.50% |
Annualised performance
| Period | Trust, a year at a time | FTSE 250 |
|---|---|---|
| YTD | +13.30% | +6.60% |
| 3Y | +5.10% | +13.30% |
| 5Y | +10.90% | +11.10% |
| 10Y | +16.10% | +8.70% |
Top holdings · top 20: 76.40%
| # | Holding | Weight | |
|---|---|---|---|
| 1 | Visma | 12.70% | |
| 2 | IFS | 9.50% | |
| 3 | Access | 6.90% | |
| 4 | P&I | 6.70% | |
| 5 | Howden | 5.00% | |
| 6 | Septeo | 4.60% | |
| 7 | Optro | 3.70% | |
| 8 | Ideagen | 3.30% | |
| 9 | Litera | 2.70% | |
| 10 | IRIS | 2.50% | |
| 11 | FE fundinfo | 2.30% | |
| 12 | Sovos | 2.20% | |
| 13 | team.blue | 2.10% | |
| 14 | GGW | 1.90% | |
| 15 | Gen II | 1.80% | |
| 16 | LucaNet | 1.80% | |
| 17 | Waystone | 1.80% | |
| 18 | Caseware | 1.70% | |
| 19 | Azets | 1.60% | |
| 20 | A-LIGN | 1.60% |
Portfolio breakdown
Sector
| Tax & Accounting | 28.00% | |
| ERP & Payroll | 28.00% | |
| Legal & Regulatory Compliance | 20.00% | |
| Insurance | 8.00% | |
| Fintech | 6.00% | |
| Tech Services | 5.00% | |
| Healthcare IT | 3.00% | |
| Automation & Engineering | 2.00% |
Geography
| UK | 27.00% | |
| Scandinavia | 24.00% | |
| N. America | 23.00% | |
| DACH | 15.00% | |
| Other Europe | 11.00% |
Key facts
- Stock market ticker
- HGT
- ISIN
- GB00BJ0LT190
- Benchmark
- FTSE 250
- Currency
- GBP
- Market value of shares
- £1.80bn