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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 | |
|---|---|---|---|---|---|---|
351
CALL
NovoCure
NVCR
$1.73B
| $4.14M | 0.06% |
+56,500
| New | +$4.25M |
|
352
Banco Bradesco
BBD
$38.2B
| $4.14M | 0.06% |
1,436,527
+696,527
| +94% | +$2.26M |
|
353
PUT
ReNew
RNW
$2.27B
| $4.13M | 0.06% |
751,000
+445,900
| +146% | +$2.6M |
|
354
PUT
Uber
UBER
$143B
| $4.11M | 0.06% |
166,000
+81,000
| +95% | +$2.22M |
|
|
AEL
355
PUT
DELISTED
American Equity Investment Life Holding Company
AEL
| $4.1M | 0.06% |
+89,900
| New | +$3.62M |
|
356
CALL
Arcutis Biotherapeutics
ARQT
$3.36B
| $4.08M | 0.06% |
276,000
+211,000
| +325% | +$3.69M |
|
357
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.65B
| $4.08M | 0.06% |
30,000
| – | – |
|
358
PUT
Cinemark Holdings
CNK
$4.24B
| $4.07M | 0.06% |
470,000
+420,000
| +840% | +$4.73M |
|
|
CTLT
359
CALL
DELISTED
CATALENT, INC.
CTLT
| $4.05M | 0.06% |
+90,000
| New | +$4.89M |
|
360
PUT
Knight Transportation
KNX
$11.3B
| $4.05M | 0.06% |
+77,200
| New | +$3.99M |
|
361
CALL
nCino
NCNO
$2.02B
| $4.03M | 0.06% |
+152,600
| New | +$4.29M |
|
|
362
PUT
nCino
NCNO
$2.02B
| $4.03M | 0.06% |
+152,600
| New | +$4.29M |
|
363
PUT
Build-A-Bear
BBW
$425M
| $4.02M | 0.06% |
+168,800
| New | +$3.25M |
|
364
CALL
BILL Holdings
BILL
$4.49B
| $4.02M | 0.06% |
+36,900
| New | +$4.43M |
|
365
CALL
Zscaler
ZS
$24.5B
| $3.99M | 0.06% |
+35,700
| New | +$4.85M |
|
|
VRE
366
CALL
DELISTED
Veris Residential
VRE
| $3.98M | 0.06% |
+250,000
| New | +$3.69M |
|
367
CALL
Alibaba
BABA
$293B
| $3.96M | 0.06% |
+45,000
| New | +$3.55M |
|
368
CALL
Coupang
CPNG
$29.3B
| $3.96M | 0.06% |
269,000
+138,000
| +105% | +$2.44M |
|
369
CALL
Nutanix
NTNX
$16B
| $3.95M | 0.06% |
151,700
+66,700
| +78% | +$1.82M |
|
370
CALL
Align Technology
ALGN
$12.1B
| $3.94M | 0.06% |
+18,700
| New | +$3.74M |
|
|
PPLI
371
PUT
People Inc
PPLI
$3.09B
| $3.88M | 0.06% |
106,663
+51,808
| +94% | +$2.05M |
|
372
CALL
Williams-Sonoma
WSM
$26.9B
| $3.88M | 0.06% |
67,600
| – | – |
|
373
CALL
AngloGold Ashanti
AU
$40.1B
| $3.88M | 0.06% |
200,000
| – | – |
|
374
PUT
Diamondback Energy
FANG
$57.1B
| $3.87M | 0.06% |
28,300
-460,400
| -94% | -$67.3M |
|
375
PUT
Affirm
AFRM
$23.9B
| $3.87M | 0.06% |
400,000
-10,000
| -2% | -$151K |
|
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.