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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
+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
(-13%)
Cap. Flow
-$2.48B
Cap. Flow
% of AUM
-27.43%
Top 10 Holdings %
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 |
Regeneron Pharmaceuticals
REGN
|
+$17.4M |
| 3 |
Insmed
INSM
|
+$16.1M |
| 4 |
Gilead Sciences
GILD
|
+$15.8M |
| 5 |
K
Kellanova
K
|
+$15.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$394M |
| 2 |
Amazon
AMZN
|
+$314M |
| 3 |
NVIDIA
NVDA
|
+$255M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$121M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
301
CALL
Quest Diagnostics
DGX
$25.7B
| $7.19M | 0.08% |
40,000
| – | – |
|
302
PUT
Kroger
KR
$35.4B
| $7.17M | 0.08% |
+100,000
| New | +$6.91M |
|
303
PUT
Sphere Entertainment
SPHR
$5.13B
| $7.17M | 0.08% |
+171,600
| New | +$5.81M |
|
304
CALL
Analog Devices
ADI
$179B
| $7.14M | 0.08% |
30,000
-90,000
| -75% | -$18.7M |
|
305
Celestica
CLS
$38.1B
| $7.11M | 0.08% |
45,557
+21,457
| +89% | +$2.28M |
|
306
CALL
DraftKings
DKNG
$11.6B
| $7.06M | 0.08% |
164,500
-15,500
| -9% | -$556K |
|
307
Albertsons Companies
ACI
$5.62B
| $7.05M | 0.08% |
327,909
+129,605
| +65% | +$2.82M |
|
|
COOP
308
CALL
DELISTED
Mr. Cooper
COOP
| $7.01M | 0.08% |
47,000
-53,000
| -53% | -$6.8M |
|
309
CALL
CBRE Group
CBRE
$42.5B
| $7.01M | 0.08% |
50,000
| – | – |
|
310
PUT
Brighthouse Financial
BHF
$3.56B
| $6.99M | 0.08% |
+130,000
| New | +$7.31M |
|
311
PUT
Constellation Energy
CEG
$93.8B
| $6.97M | 0.08% |
21,600
-36,000
| -63% | -$9.53M |
|
312
CALL
Valero Energy
VLO
$92.9B
| $6.87M | 0.08% |
+51,100
| New | +$6.37M |
|
313
CALL
Dutch Bros
BROS
$9.03B
| $6.84M | 0.08% |
100,000
-199,800
| -67% | -$13M |
|
314
PUT
Ramaco Resources Class A
METC
$599M
| $6.83M | 0.08% |
+520,100
| New | +$4.97M |
|
|
BRSL
315
CALL
Brightstar Lottery PLC
BRSL
$1.84B
| $6.72M | 0.07% |
425,000
-286,900
| -40% | -$4.51M |
|
|
PARA
316
CALL
DELISTED
Paramount Global Class B
PARA
| $6.7M | 0.07% |
519,700
+419,700
| +420% | +$4.91M |
|
317
PUT
Etsy
ETSY
$7.75B
| $6.7M | 0.07% |
133,500
+58,500
| +78% | +$2.91M |
|
318
PUT
Alamos Gold
AGI
$11.6B
| $6.68M | 0.07% |
251,400
-699,100
| -74% | -$18.7M |
|
319
PUT
Blackstone
BX
$102B
| $6.64M | 0.07% |
44,400
+23,100
| +108% | +$3.17M |
|
320
PUT
MP Materials
MP
$7.36B
| $6.64M | 0.07% |
199,500
+24,500
| +14% | +$625K |
|
321
CALL
National Vision
EYE
$1.77B
| $6.57M | 0.07% |
+285,600
| New | +$4.87M |
|
|
ETNB
322
PUT
DELISTED
89bio
ETNB
| $6.54M | 0.07% |
665,600
+308,800
| +87% | +$2.56M |
|
323
CALL
Hallador Energy
HNRG
$670M
| $6.53M | 0.07% |
412,700
-232,300
| -36% | -$3.59M |
|
324
CALL
Xponential Fitness
XPOF
$273M
| $6.53M | 0.07% |
871,800
+518,400
| +147% | +$4.3M |
|
|
HOLX
325
CALL
DELISTED
Hologic
HOLX
| $6.52M | 0.07% |
100,000
+55,000
| +122% | +$3.3M |
|
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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.