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
+8.37%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$14.6B
AUM Growth
+$1.76B
Cap. Flow
+$1.61B
Cap. Flow %
11.04%
Top 10 Hldgs %
12.14%
Holding
2,182
New
575
Increased
392
Reduced
342
Closed
670

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$126M
2
NVDA icon
NVIDIA
NVDA
+$123M
3
NFLX icon
Netflix
NFLX
+$81.9M
4
MSFT icon
Microsoft
MSFT
+$52.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$51M

Top Sells

Rank Stock Value
1
ECHO
EchoStar
ECHO
+$34.1M
2
XLB icon
State Street Materials Select Sector SPDR ETF
XLB
+$24M
3
HPE icon
Hewlett Packard
HPE
+$22.9M
4
TSLA icon
Tesla
TSLA
+$22.2M
5
RVMD icon
Revolution Medicines
RVMD
+$20.6M

Sector Composition

Rank Sector Weight
1 Technology 4.6%
2 Consumer Discretionary 2.55%
3 Healthcare 2.5%
4 Communication Services 1.71%
5 Financials 1.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TTWO icon
251
CALL
Take-Two Interactive
TTWO
$43B
$13.7M 0.09%
+53,700
New +$13.4M
SOC icon
252
Sable Offshore Corp
SOC
$903M
$13.6M 0.09%
1,512,347
+90,783
+6% +$857K
MDT icon
253
CALL
Medtronic
MDT
$107B
$13.6M 0.09%
+141,400
New +$13.7M
GEO icon
254
CALL
The GEO Group
GEO
$4.13B
$13.4M 0.09%
828,400
+296,100
+56% +$4.94M
MRK icon
255
Merck
MRK
$324B
$13.3M 0.09%
126,500
+121,899
+2,649% +$11.4M
INTC icon
256
CALL
Intel
INTC
$466B
$13.3M 0.09%
360,000
+211,000
+142% +$7.97M
ROIV icon
257
CALL
Roivant Sciences
ROIV
$25.2B
$13.2M 0.09%
609,200
-87,800
-13% -$1.73M
HPE icon
258
CALL
Hewlett Packard
HPE
$63.2B
$13.2M 0.09%
548,000
-581,000
-51% -$13.7M
AVTR icon
259
PUT
Avantor
AVTR
$7.81B
$13.2M 0.09%
1,148,000
+1,068,000
+1,335% +$13.1M
IVZ icon
260
CALL
Invesco
IVZ
$13.3B
$13.1M 0.09%
+500,000
New +$12.2M
SYRE icon
261
CALL
Spyre Therapeutics
SYRE
$8.87B
$13.1M 0.09%
399,900
+314,700
+369% +$8.22M
DXCM icon
262
PUT
DexCom
DXCM
$27.6B
$13.1M 0.09%
197,000
-253,400
-56% -$16.4M
LYFT icon
263
CALL
Lyft
LYFT
$5.39B
$13.1M 0.09%
675,000
+625,000
+1,250% +$13M
XENE icon
264
CALL
Xenon Pharmaceuticals
XENE
$6.32B
$13M 0.09%
290,000
+190,000
+190% +$7.98M
XENE icon
265
PUT
Xenon Pharmaceuticals
XENE
$6.32B
$13M 0.09%
290,000
+230,000
+383% +$9.66M
HD icon
266
CALL
Home Depot
HD
$332B
$12.9M 0.09%
+37,500
New +$13.7M
SHEL icon
267
CALL
Shell
SHEL
$245B
$12.9M 0.09%
175,600
– –
GDX icon
268
CALL
VanEck Gold Miners ETF
GDX
$23B
$12.9M 0.09%
150,000
-32,500
-18% -$2.57M
ORCL icon
269
CALL
Oracle
ORCL
$331B
$12.9M 0.09%
66,000
+25,600
+63% +$6.1M
PYPL icon
270
PUT
PayPal
PYPL
$49.5B
$12.8M 0.09%
220,000
-219,700
-50% -$14.3M
COIN icon
271
Coinbase
COIN
$41.7B
$12.8M 0.09%
56,770
+11,570
+26% +$3.45M
HUM icon
272
PUT
Humana
HUM
$46.7B
$12.8M 0.09%
50,000
-95,000
-66% -$24.9M
SPOT icon
273
PUT
Spotify
SPOT
$99.2B
$12.8M 0.09%
+22,000
New +$13.8M
FCX icon
274
CALL
Freeport-McMoran
FCX
$90B
$12.8M 0.09%
251,500
-37,500
-13% -$1.63M
CGON icon
275
CG Oncology
CGON
$6.11B
$12.7M 0.09%
+306,846
New +$12.7M
9 10
11
12 13

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 Q4 2025 Portfolio in Review

As of Q4 2025, Caption Management held 2,182 positions worth $14.6B, up 14% from $12.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Caption Management deployed $1.61B of net new capital in Q4 2025, opening 575 new positions and adding to 392 existing holdings. Its largest new stake was Apple: 470,000 shares worth $128M.

By sector, the portfolio is most concentrated in Technology at 4.6% of assets, up from 2.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was Tesla, an estimated $22.2M trimmed.

  • Caption Management's largest Q4 2025 buy was Apple: 470,000 shares worth $128M.
  • Caption Management added most to NVIDIA in Q4 2025, an estimated $123M increase.
  • Caption Management's biggest Q4 2025 reduction was Tesla, cutting an estimated $22.2M.
  • Caption Management fully exited EchoStar in Q4 2025, selling an estimated $34.1M.
  • Caption Management's ten largest holdings make up 12% of its $14.6B portfolio in Q4 2025.
  • Caption Management opened 575 new positions and closed 670 in Q4 2025.
  • Caption Management's portfolio value rose 14% quarter-over-quarter to $14.6B.

Based on Caption Management's 13F filing for Q4 2025, filed 17 Feb 2026.