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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 | |
|---|---|---|---|---|---|---|
301
ICU Medical
ICUI
$4.21B
| $5.06M | 0.08% |
+32,100
| New | +$4.88M |
|
302
PUT
Kohl's
KSS
$2.17B
| $5.05M | 0.08% |
200,000
| – | – |
|
303
CVS Health
CVS
$133B
| $5.03M | 0.08% |
54,000
+42,000
| +350% | +$4.05M |
|
304
PUT
SLB Ltd
SLB
$73.6B
| $5.03M | 0.08% |
94,000
+29,000
| +45% | +$1.44M |
|
305
PUT
FedEx
FDX
$72.7B
| $5.02M | 0.08% |
29,000
-7,000
| -19% | -$1.16M |
|
306
PUT
Workday
WDAY
$39.6B
| $5.02M | 0.08% |
30,000
-36,800
| -55% | -$5.74M |
|
307
PUT
Herbalife
HLF
$1.29B
| $5.01M | 0.08% |
336,500
+264,700
| +369% | +$4.61M |
|
308
CALL
Ross Stores
ROST
$80.5B
| $4.93M | 0.08% |
+42,500
| New | +$4.33M |
|
309
CALL
iHeartMedia
IHRT
$543M
| $4.9M | 0.08% |
800,000
| – | – |
|
310
CALL
United Microelectronic
UMC
$47.7B
| $4.9M | 0.08% |
750,000
-250,000
| -25% | -$1.66M |
|
311
CALL
Willis Towers Watson
WTW
$31.7B
| $4.89M | 0.08% |
+20,000
| New | +$4.57M |
|
312
CALL
Intel
INTC
$455B
| $4.89M | 0.08% |
185,000
| – | – |
|
313
PUT
Steel Dynamics
STLD
$36B
| $4.88M | 0.08% |
50,000
-22,500
| -31% | -$2.16M |
|
314
CALL
Crown Castle
CCI
$33.3B
| $4.87M | 0.08% |
35,900
-51,000
| -59% | -$6.9M |
|
|
DISH
315
CALL
DELISTED
DISH Network Corp.
DISH
| $4.87M | 0.08% |
346,700
| – | – |
|
316
PUT
Emerson Electric
EMR
$83.9B
| $4.8M | 0.07% |
50,000
+7,500
| +18% | +$674K |
|
317
Cheniere Energy
LNG
$55.2B
| $4.8M | 0.07% |
32,000
+31,012
| +3,139% | +$5.19M |
|
318
PUT
Steven Madden
SHOO
$3.37B
| $4.79M | 0.07% |
+150,000
| New | +$4.69M |
|
|
VISN
319
CALL
Vistance Networks Inc
VISN
$2.65B
| $4.78M | 0.07% |
+650,000
| New | +$6.27M |
|
|
BGFV
320
CALL
DELISTED
Big 5 Sporting Goods
BGFV
| $4.65M | 0.07% |
+526,900
| New | +$6.06M |
|
321
Cytokinetics
CYTK
$10.5B
| $4.6M | 0.07% |
+100,354
| New | +$4.32M |
|
322
CALL
Genesco
GCO
$425M
| $4.58M | 0.07% |
+99,500
| New | +$4.51M |
|
323
CALL
Kroger
KR
$35.4B
| $4.57M | 0.07% |
102,500
| – | – |
|
324
CALL
BHP
BHP
$215B
| $4.57M | 0.07% |
73,600
-130,500
| -64% | -$7.34M |
|
325
CALL
PennyMac Financial
PFSI
$3.92B
| $4.53M | 0.07% |
80,000
| – | – |
|
Similar funds
ASRS
PP
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.