We are live on ! Find out more
CM

Caption Management Portfolio holdings

AUM $17.1B
1-Year Est. Return 70.99%
This Fund
S&P 500
This Quarter Est. Return
+17.45%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$9.03B
AUM Growth
-$1.37B
Cap. Flow
-$2.48B
Cap. Flow %
-27.43%
Top 10 Hldgs %
18.31%
Holding
2,015
New
576
Increased
314
Reduced
307
Closed
636

Top Buys

Rank Stock Value
1
SKX
Skechers
SKX
+$18.3M
2
REGN icon
Regeneron Pharmaceuticals
REGN
+$17.4M
3
INSM icon
Insmed
INSM
+$16.1M
4
GILD icon
Gilead Sciences
GILD
+$15.8M
5
K
Kellanova
K
+$15.3M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$394M
2
AMZN icon
Amazon
AMZN
+$314M
3
NVDA icon
NVIDIA
NVDA
+$255M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$121M
5
AMD icon
Advanced Micro Devices
AMD
+$61.6M

Sector Composition

Rank Sector Weight
1 Healthcare 3.09%
2 Consumer Discretionary 2.5%
3 Technology 1.62%
4 Financials 1.05%
5 Communication Services 0.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EG icon
226
PUT
Everest Group
EG
$14.5B
$9.28M 0.1%
+27,300
New +$9.42M
TAL icon
227
CALL
TAL Education Group
TAL
$6.93B
$9.24M 0.1%
+904,500
New +$9.35M
ZS icon
228
PUT
Zscaler
ZS
$24.5B
$9.2M 0.1%
+29,300
New +$7.3M
VST icon
229
PUT
Vistra
VST
$50B
$9.11M 0.1%
47,000
-38,000
-45% -$5.62M
GLNG icon
230
CALL
Golar LNG
GLNG
$5B
$9.06M 0.1%
220,000
+174,300
+381% +$6.87M
UHS icon
231
PUT
Universal Health Services
UHS
$10.2B
$9.06M 0.1%
+50,000
New +$9.02M
PENN icon
232
CALL
PENN Entertainment
PENN
$2.75B
$9.02M 0.1%
505,000
+80,000
+19% +$1.26M
TER icon
233
PUT
Teradyne
TER
$57.6B
$8.99M 0.1%
100,000
-202,200
-67% -$16.2M
COP icon
234
CALL
ConocoPhillips
COP
$147B
$8.97M 0.1%
+100,000
New +$9M
APLS
235
CALL
DELISTED
Apellis Pharmaceuticals
APLS
$8.91M 0.1%
515,000
+375,000
+268% +$6.94M
CAPR icon
236
CALL
Capricor Therapeutics
CAPR
$223M
$8.91M 0.1%
897,500
+797,500
+798% +$8.42M
SN icon
237
PUT
SharkNinja
SN
$22.9B
$8.91M 0.1%
90,000
-142,500
-61% -$12.3M
CBL
238
CBL Properties
CBL
$1.82B
$8.81M 0.1%
347,059
-97,551
-22% -$2.4M
ACLX
239
CALL
DELISTED
Arcellx
ACLX
$8.8M 0.1%
133,600
-142,000
-52% -$8.84M
ENTG icon
240
CALL
Entegris
ENTG
$18.1B
$8.77M 0.1%
+108,800
New +$8.27M
FBRT
241
CALL
Franklin BSP Realty Trust
FBRT
$630M
$8.77M 0.1%
820,000
+20,000
+3% +$225K
DXCM icon
242
CALL
DexCom
DXCM
$32.2B
$8.73M 0.1%
100,000
– –
VST icon
243
Vistra
VST
$50B
$8.72M 0.1%
45,000
+34,300
+321% +$5.08M
FISV
244
PUT
Fiserv Inc
FISV
$28.8B
$8.71M 0.1%
+50,500
New +$9.16M
ANET icon
245
PUT
Arista Networks
ANET
$227B
$8.7M 0.1%
85,000
-128,000
-60% -$11.1M
T icon
246
CALL
AT&T
T
$159B
$8.68M 0.1%
300,000
– –
CMA
247
CALL
DELISTED
Comerica
CMA
$8.65M 0.1%
145,000
+75,000
+107% +$4.19M
RARE icon
248
Ultragenyx Pharmaceutical
RARE
$2.45B
$8.64M 0.1%
237,500
+58,672
+33% +$2.12M
HSIC icon
249
Henry Schein
HSIC
$9.77B
$8.62M 0.1%
118,000
+111,138
+1,620% +$7.65M
TPR icon
250
CALL
Tapestry
TPR
$30.8B
$8.61M 0.1%
98,100
-1,900
-2% -$144K
8 9
10
11 12

Similar funds

ASRS
Arizona State Retirement System Phoenix, Arizona $17.1B AUM 30.52% 1-Year Est. Return
PP
Prudential plc London, England, United Kingdom $17.1B AUM 15.7% 1-Year Est. Return
VMPIC
Varma Mutual Pension Insurance Co Helsinki, Finland $17B AUM 24.09% 1-Year Est. Return
BCIM
British Columbia Investment Management Victoria, British Columbia, Canada $17B AUM 31.69% 1-Year Est. Return
BBA
Baker Bros. Advisors New York $17.4B AUM 131.5% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return
FCM
Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return
AIMCA
Alberta Investment Management Corp (AIMCo) Edmonton, Alberta, Canada $16.7B AUM 23.27% 1-Year Est. Return

Caption Management's Q2 2025 Portfolio in Review

As of Q2 2025, Caption Management held 2,015 positions worth $9.03B, down 13% from $10.4B the previous quarter. Its ten largest holdings account for 18% of the portfolio.

Caption Management withdrew a net $2.48B in Q2 2025, closing 636 positions and reducing 307 holdings. Its most notable exit was Microsoft, an estimated $394M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, up from 1.5% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Caption Management opened a new position in Skechers worth $20.1M.

  • Caption Management's largest Q2 2025 buy was Skechers: 317,932 shares worth $20.1M.
  • Caption Management added most to Kellanova in Q2 2025, an estimated $15.3M increase.
  • Caption Management's biggest Q2 2025 reduction was Alphabet (Google) Class A, cutting an estimated $121M.
  • Caption Management fully exited Microsoft in Q2 2025, selling an estimated $394M.
  • Caption Management's ten largest holdings make up 18% of its $9.03B portfolio in Q2 2025.
  • Caption Management opened 576 new positions and closed 636 in Q2 2025.
  • Caption Management's portfolio value fell 13% quarter-over-quarter to $9.03B.

Based on Caption Management's 13F filing for Q2 2025, filed 14 Aug 2025.