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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
+6.75%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$5.18B
AUM Growth
-$1.23B
(-19%)
Cap. Flow
-$1.43B
Cap. Flow
% of AUM
-27.54%
Top 10 Holdings %
Top 10 Hldgs %
16.5%
Holding
1,730
New
499
Increased
190
Reduced
247
Closed
699
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Madrigal Pharmaceuticals
MDGL
|
+$12.3M |
| 2 |
KraneShares CSI China Internet ETF
KWEB
|
+$11.1M |
| 3 |
WWE
World Wrestling Entertainment
WWE
|
+$10.5M |
| 4 |
Walt Disney
DIS
|
+$10.3M |
| 5 |
UBS Group
UBS
|
+$10M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PMT
PennyMac Mortgage Investment
PMT
|
+$17.9M |
| 2 |
Antero Resources
AR
|
+$17.5M |
| 3 |
Teck Resources
TECK
|
+$17.2M |
| 4 |
ONC
BeOne Medicines Ltd
ONC
|
+$16.4M |
| 5 |
EQT Corp
EQT
|
+$14.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.97% |
| 2 | Technology | 1.38% |
| 3 | Consumer Discretionary | 0.99% |
| 4 | Communication Services | 0.82% |
| 5 | Financials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
PUT
Cimpress
CMPR
$2.39B
| $5.14M | 0.1% |
+117,300
| New | +$4M |
|
227
PUT
Surgery Partners
SGRY
$2.01B
| $5.14M | 0.1% |
149,000
| – | – |
|
228
PUT
Altimmune
ALT
$552M
| $5.13M | 0.1% |
+1,216,700
| New | +$14.5M |
|
229
PUT
Cigna
CI
$73.8B
| $5.11M | 0.1% |
+20,000
| New | +$5.83M |
|
|
NATI
230
CALL
DELISTED
National Instruments Corp
NATI
| $5.11M | 0.1% |
+97,500
| New | +$4.89M |
|
231
PAR Technology
PAR
$699M
| $5.09M | 0.1% |
150,000
+25,840
| +21% | +$861K |
|
232
Palo Alto Networks
PANW
$270B
| $5.09M | 0.1% |
50,966
+21,766
| +75% | +$1.84M |
|
233
PUT
Aclaris Therapeutics
ACRS
$726M
| $5.06M | 0.1% |
+625,000
| New | +$7.93M |
|
234
CALL
Automatic Data Processing
ADP
$106B
| $5.01M | 0.1% |
22,500
| – | – |
|
235
CALL
Alnylam Pharmaceuticals
ALNY
$27.5B
| $5.01M | 0.1% |
25,000
| – | – |
|
|
236
PUT
Alnylam Pharmaceuticals
ALNY
$27.5B
| $5.01M | 0.1% |
25,000
| – | – |
|
237
CALL
Sonos
SONO
$1.73B
| $4.98M | 0.1% |
+253,800
| New | +$4.84M |
|
238
CALL
Equinor
EQNR
$97.7B
| $4.98M | 0.1% |
175,000
| – | – |
|
239
CALL
Grab
GRAB
$14.3B
| $4.87M | 0.09% |
1,619,500
+1,582,000
| +4,219% | +$5.26M |
|
240
PUT
BellRing Brands
BRBR
$1.44B
| $4.83M | 0.09% |
+142,000
| New | +$4.19M |
|
241
CALL
Caesars Entertainment
CZR
$6.06B
| $4.83M | 0.09% |
98,900
-1,442,000
| -94% | -$70.7M |
|
242
PUT
AbbVie
ABBV
$443B
| $4.78M | 0.09% |
+30,000
| New | +$4.59M |
|
|
NVO
243
PUT
Novo Nordisk
NVO
$208B
| $4.77M | 0.09% |
+60,000
| New | +$4.25M |
|
244
PUT
PennyMac Financial
PFSI
$3.92B
| $4.77M | 0.09% |
80,000
-42,000
| -34% | -$2.6M |
|
245
PUT
Chevron
CVX
$392B
| $4.75M | 0.09% |
+29,100
| New | +$4.88M |
|
246
CALL
Wolfspeed
WOLF
$1.23B
| $4.71M | 0.09% |
72,500
+50,000
| +222% | +$3.65M |
|
|
DQ
247
CALL
Daqo New Energy
DQ
$823M
| $4.68M | 0.09% |
+100,000
| New | +$4.6M |
|
248
PUT
Spectrum Brands
SPB
$2.04B
| $4.64M | 0.09% |
70,000
+44,500
| +175% | +$2.81M |
|
249
CALL
Marathon Petroleum
MPC
$92.4B
| $4.58M | 0.09% |
34,000
-10,500
| -24% | -$1.31M |
|
250
CALL
Legend Biotech
LEGN
$3.59B
| $4.58M | 0.09% |
+95,000
| New | +$4.65M |
|
Similar funds
ASRS
PP
VMPIC
BCIM
BBA
FCM
AIMCA
Caption Management's Q1 2023 Portfolio in Review
As of Q1 2023, Caption Management held 1,730 positions worth $5.18B, down 19% from $6.41B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Caption Management withdrew a net $1.43B in Q1 2023, closing 699 positions and reducing 247 holdings. Its most notable exit was PennyMac Mortgage Investment, an estimated $17.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 2% of assets, down from 2.5% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Caption Management opened a new position in World Wrestling Entertainment worth $11.2M.
- Caption Management's largest Q1 2023 buy was World Wrestling Entertainment: 123,000 shares worth $11.2M.
- Caption Management added most to Madrigal Pharmaceuticals in Q1 2023, an estimated $12.3M increase.
- Caption Management's biggest Q1 2023 reduction was State Street SPDR S&P Biotech ETF, cutting an estimated $13.3M.
- Caption Management fully exited PennyMac Mortgage Investment in Q1 2023, selling an estimated $17.9M.
- Caption Management's ten largest holdings make up 16% of its $5.18B portfolio in Q1 2023.
- Caption Management opened 499 new positions and closed 699 in Q1 2023.
- Caption Management's portfolio value fell 19% quarter-over-quarter to $5.18B.
Based on Caption Management's 13F filing for Q1 2023, filed 15 May 2023.