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Caption Management Portfolio holdings
AUM
$17.1B
1-Year Est. Return
70.99%
This Fund
S&P 500
This Quarter
Est. Return
+13.77%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$6.41B
AUM Growth
-$838M
(-12%)
Cap. Flow
-$1.23B
Cap. Flow
% of AUM
-19.2%
Top 10 Holdings %
Top 10 Hldgs %
13.63%
Holding
1,903
New
444
Increased
263
Reduced
318
Closed
672
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PMT
PennyMac Mortgage Investment
PMT
|
+$19.7M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$17M |
| 3 |
State Street SPDR S&P Biotech ETF
XBI
|
+$13.6M |
| 4 |
EVA
Enviva Inc.
EVA
|
+$8.45M |
| 5 |
APA Corp
APA
|
+$7.51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Petrobras
PBR
|
+$43.9M |
| 2 |
CVR Partners
UAN
|
+$26M |
| 3 |
Zoom
ZM
|
+$12.1M |
| 4 |
EQT Corp
EQT
|
+$12M |
| 5 |
PING
Ping Identity Holding Corp.
PING
|
+$6.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.55% |
| 2 | Energy | 1.26% |
| 3 | Technology | 1.15% |
| 4 | Consumer Discretionary | 0.9% |
| 5 | Materials | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
Itron
ITRI
$4.36B
| $6.96M | 0.11% |
+137,500
| New | +$6.79M |
|
227
CALL
Vistra
VST
$50B
| $6.96M | 0.11% |
300,000
-1,806,800
| -86% | -$41.8M |
|
|
BKI
228
DELISTED
Black Knight, Inc. Common Stock
BKI
| $6.95M | 0.11% |
+112,609
| New | +$6.84M |
|
229
CALL
United Parcel Service
UPS
$89.2B
| $6.95M | 0.11% |
+40,000
| New | +$6.92M |
|
230
CALL
Dynatrace
DT
$12.8B
| $6.94M | 0.11% |
+181,100
| New | +$6.58M |
|
231
PUT
Li Auto
LI
$13.4B
| $6.93M | 0.11% |
339,500
| – | – |
|
232
PUT
PennyMac Financial
PFSI
$3.88B
| $6.91M | 0.11% |
122,000
-73,000
| -37% | -$3.87M |
|
233
CALL
Rocket Pharmaceuticals
RCKT
$341M
| $6.91M | 0.11% |
353,200
+124,600
| +55% | +$2.29M |
|
234
PUT
Valaris
VAL
$5.5B
| $6.9M | 0.11% |
+102,100
| New | +$6.37M |
|
235
CALL
Okta
OKTA
$24.6B
| $6.83M | 0.11% |
+100,000
| New | +$5.71M |
|
236
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $6.79M | 0.11% |
50,000
| – | – |
|
237
CALL
The GEO Group
GEO
$4.1B
| $6.79M | 0.11% |
620,000
+500,000
| +417% | +$4.86M |
|
238
CALL
Fidelity National Information Services
FIS
$23.2B
| $6.79M | 0.11% |
+100,000
| New | +$7.1M |
|
239
CALL
Akamai
AKAM
$16.7B
| $6.74M | 0.11% |
80,000
| – | – |
|
240
CALL
General Motors
GM
$80.1B
| $6.73M | 0.11% |
200,000
-200,000
| -50% | -$7.39M |
|
241
PUT
Henry Schein
HSIC
$9.79B
| $6.72M | 0.1% |
+84,100
| New | +$6.37M |
|
|
MRTX
242
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $6.7M | 0.1% |
147,900
+73,661
| +99% | +$4.77M |
|
243
PUT
Illumina
ILMN
$30.9B
| $6.67M | 0.1% |
33,924
+13,364
| +65% | +$2.77M |
|
244
CALL
Clearfield
CLFD
$417M
| $6.64M | 0.1% |
+70,500
| New | +$7.43M |
|
|
EVA
245
CALL
DELISTED
Enviva Inc.
EVA
| $6.62M | 0.1% |
125,000
-78,700
| -39% | -$4.5M |
|
246
PUT
United Airlines
UAL
$39.5B
| $6.59M | 0.1% |
174,700
| – | – |
|
|
NUVL
247
CALL
DELISTED
Nuvalent
NUVL
| $6.55M | 0.1% |
+220,000
| New | +$6.14M |
|
248
PUT
Oracle
ORCL
$374B
| $6.54M | 0.1% |
80,000
| – | – |
|
249
PUT
CVS Health
CVS
$134B
| $6.52M | 0.1% |
70,000
+20,000
| +40% | +$1.93M |
|
250
CALL
PTC Therapeutics
PTCT
$5.69B
| $6.43M | 0.1% |
168,400
+138,400
| +461% | +$5.75M |
|
Similar funds
ASRS
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VMPIC
BCIM
BBA
FCM
AIMCA
Caption Management's Q4 2022 Portfolio in Review
As of Q4 2022, Caption Management held 1,903 positions worth $6.41B, down 12% from $7.25B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Caption Management withdrew a net $1.23B in Q4 2022, closing 672 positions and reducing 318 holdings. Its most notable exit was Petrobras, an estimated $43.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 2.5% of assets, up from 1.5% a quarter earlier, followed by Energy and Technology.
Against the trend, Caption Management opened a new position in PennyMac Mortgage Investment worth $17.9M.
- Caption Management's largest Q4 2022 buy was PennyMac Mortgage Investment: 1,448,050 shares worth $17.9M.
- Caption Management added most to State Street SPDR S&P Biotech ETF in Q4 2022, an estimated $13.6M increase.
- Caption Management's biggest Q4 2022 reduction was EQT Corp, cutting an estimated $12M.
- Caption Management fully exited Petrobras in Q4 2022, selling an estimated $43.9M.
- Caption Management's ten largest holdings make up 14% of its $6.41B portfolio in Q4 2022.
- Caption Management opened 444 new positions and closed 672 in Q4 2022.
- Caption Management's portfolio value fell 12% quarter-over-quarter to $6.41B.
Based on Caption Management's 13F filing for Q4 2022, filed 14 Feb 2023.