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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
-2%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$8.75B
AUM Growth
+$1.09B
(+14%)
Cap. Flow
+$1.62B
Cap. Flow
% of AUM
18.52%
Top 10 Holdings %
Top 10 Hldgs %
11.21%
Holding
1,949
New
703
Increased
293
Reduced
258
Closed
492
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Petrobras
PBR
|
+$43.8M |
| 2 |
Charter Communications
CHTR
|
+$30.5M |
| 3 |
X
US Steel
X
|
+$28.3M |
| 4 |
STMP
Stamps.com, Inc.
STMP
|
+$22.8M |
| 5 |
INOV
Inovalon Holdings, Inc. Class A Common Stock
INOV
|
+$19.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Darden Restaurants
DRI
|
+$71.1M |
| 2 |
Wayfair
W
|
+$40.2M |
| 3 |
Horizon Kinetics Inflation Beneficiaries ETF
INFL
|
+$20.8M |
| 4 |
RAPT
RAPT Therapeutics
RAPT
|
+$13.9M |
| 5 |
NCR Voyix
VYX
|
+$10.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.49% |
| 2 | Consumer Discretionary | 2.52% |
| 3 | Materials | 1.97% |
| 4 | Energy | 1.87% |
| 5 | Technology | 1.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CALL
MillerKnoll
MLKN
$1.53B
| $9.23M | 0.11% |
245,000
+1,000
| +0.4% | +$42.9K |
|
252
CALL
Denali Therapeutics
DNLI
$3.65B
| $9.16M | 0.1% |
181,500
-95,300
| -34% | -$5.37M |
|
253
CALL
Illumina
ILMN
$31B
| $9.13M | 0.1% |
+23,130
| New | +$10.6M |
|
|
MRSH
254
PUT
Marsh
MRSH
$90.5B
| $9.09M | 0.1% |
+60,000
| New | +$9.07M |
|
255
CALL
Blackstone
BX
$102B
| $9.07M | 0.1% |
+78,000
| New | +$9.05M |
|
|
SPWR
256
PUT
DELISTED
SunPower Corporation Common Stock
SPWR
| $9.07M | 0.1% |
400,000
| – | – |
|
257
PUT
AstraZeneca
AZN
$263B
| $9.01M | 0.1% |
75,000
| – | – |
|
258
PUT
Elastic
ESTC
$6.84B
| $8.94M | 0.1% |
60,000
| – | – |
|
|
ALLK
259
PUT
DELISTED
Allakos
ALLK
| $8.85M | 0.1% |
+83,600
| New | +$7.47M |
|
260
PUT
Empire State Realty Trust
ESRT
$872M
| $8.78M | 0.1% |
+875,000
| New | +$9.44M |
|
261
CALL
Melco Resorts & Entertainment
MLCO
$2.22B
| $8.7M | 0.1% |
+850,000
| New | +$11.2M |
|
262
PUT
Mastercard
MA
$506B
| $8.69M | 0.1% |
+25,000
| New | +$9.09M |
|
263
CALL
STAAR Surgical
STAA
$1.21B
| $8.68M | 0.1% |
+67,500
| New | +$9.45M |
|
264
PUT
Sabre
SABR
$731M
| $8.67M | 0.1% |
732,600
+6,700
| +0.9% | +$76K |
|
265
PUT
Caterpillar
CAT
$375B
| $8.64M | 0.1% |
45,000
| – | – |
|
266
CALL
Celldex Therapeutics
CLDX
$2.99B
| $8.64M | 0.1% |
+160,000
| New | +$7.51M |
|
267
CALL
Neurocrine Biosciences
NBIX
$16.8B
| $8.63M | 0.1% |
90,000
+30,000
| +50% | +$2.83M |
|
|
268
PUT
Neurocrine Biosciences
NBIX
$16.8B
| $8.63M | 0.1% |
90,000
+30,000
| +50% | +$2.83M |
|
269
Teck Resources
TECK
$29.6B
| $8.52M | 0.1% |
+342,000
| New | +$7.83M |
|
270
CALL
TotalEnergies
TTE
$195B
| $8.52M | 0.1% |
177,700
| – | – |
|
271
AMN Healthcare
AMN
$1.3B
| $8.51M | 0.1% |
+74,148
| New | +$7.86M |
|
272
CALL
Itron
ITRI
$4.36B
| $8.47M | 0.1% |
+112,000
| New | +$9.6M |
|
|
ALLK
273
CALL
DELISTED
Allakos
ALLK
| $8.47M | 0.1% |
+80,000
| New | +$7.15M |
|
274
PUT
Li Auto
LI
$13.4B
| $8.46M | 0.1% |
322,000
-165,000
| -34% | -$4.96M |
|
275
CALL
Sanofi
SNY
$103B
| $8.44M | 0.1% |
175,000
+142,600
| +440% | +$7.25M |
|
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Caption Management's Q3 2021 Portfolio in Review
As of Q3 2021, Caption Management held 1,949 positions worth $8.75B, up 14% from $7.66B the previous quarter. Its ten largest holdings account for 11% of the portfolio.
Caption Management deployed $1.62B of net new capital in Q3 2021, opening 703 new positions and adding to 293 existing holdings. Its largest new stake was Petrobras: 4,114,400 shares worth $42.5M.
By sector, the portfolio is most concentrated in Healthcare at 3.5% of assets, up from 3.5% a quarter earlier, followed by Consumer Discretionary and Materials.
On the sell side, the largest reduction was Wayfair, an estimated $40.2M trimmed.
- Caption Management's largest Q3 2021 buy was Petrobras: 4,114,400 shares worth $42.5M.
- Caption Management added most to Stamps.com, Inc. in Q3 2021, an estimated $22.8M increase.
- Caption Management's biggest Q3 2021 reduction was Wayfair, cutting an estimated $40.2M.
- Caption Management fully exited Darden Restaurants in Q3 2021, selling an estimated $71.1M.
- Caption Management's ten largest holdings make up 11% of its $8.75B portfolio in Q3 2021.
- Caption Management opened 703 new positions and closed 492 in Q3 2021.
- Caption Management's portfolio value rose 14% quarter-over-quarter to $8.75B.
Based on Caption Management's 13F filing for Q3 2021, filed 12 Nov 2021.