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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 | |
|---|---|---|---|---|---|---|
351
Biohaven
BHVN
$2.03B
| $5.98M | 0.07% |
423,761
+376,183
| +791% | +$6.7M |
|
352
PUT
Matador Resources
MTDR
$6.2B
| $5.96M | 0.07% |
+125,000
| New | +$5.52M |
|
353
CALL
Reinsurance Group of America
RGA
$15.5B
| $5.95M | 0.07% |
30,000
| – | – |
|
354
Cedar Fair
FUN
$1.77B
| $5.94M | 0.07% |
195,206
+148,706
| +320% | +$4.98M |
|
355
Beam Therapeutics
BEAM
$2.63B
| $5.93M | 0.07% |
+348,435
| New | +$6.07M |
|
356
Microchip Technology
MCHP
$40.3B
| $5.93M | 0.07% |
84,200
+58,000
| +221% | +$3.19M |
|
357
CALL
Albertsons Companies
ACI
$5.62B
| $5.92M | 0.07% |
275,000
-271,000
| -50% | -$5.9M |
|
358
PUT
iQIYI
IQ
$1.23B
| $5.86M | 0.06% |
3,308,200
-191,800
| -5% | -$345K |
|
359
PUT
Recursion Pharmaceuticals
RXRX
$1.59B
| $5.83M | 0.06% |
+1,152,000
| New | +$5.66M |
|
360
Brinker International
EAT
$9.17B
| $5.79M | 0.06% |
32,100
+4,059
| +14% | +$637K |
|
|
SPR
361
PUT
DELISTED
Spirit AeroSystems
SPR
| $5.72M | 0.06% |
+150,000
| New | +$5.39M |
|
362
CALL
BWX Technologies
BWXT
$15.5B
| $5.69M | 0.06% |
39,500
+24,500
| +163% | +$2.86M |
|
363
Summit Therapeutics
SMMT
$10.4B
| $5.69M | 0.06% |
+267,255
| New | +$6.09M |
|
364
PUT
AES
AES
$10.5B
| $5.68M | 0.06% |
540,000
+140,000
| +35% | +$1.5M |
|
|
NUVL
365
PUT
DELISTED
Nuvalent
NUVL
| $5.65M | 0.06% |
74,000
+31,400
| +74% | +$2.3M |
|
366
CALL
Abeona Therapeutics
ABEO
$366M
| $5.64M | 0.06% |
+992,300
| New | +$5.65M |
|
367
Immunocore
IMCR
$1.72B
| $5.63M | 0.06% |
179,503
+150,110
| +511% | +$4.66M |
|
368
CALL
BridgeBio Pharma
BBIO
$15.7B
| $5.61M | 0.06% |
130,000
-116,500
| -47% | -$4.24M |
|
369
CALL
Snowflake
SNOW
$102B
| $5.59M | 0.06% |
25,000
-131,100
| -84% | -$23.7M |
|
370
PUT
Global X Data Center & Digital Infrastructure ETF
DTCR
$2.1B
| $5.59M | 0.06% |
+300,000
| New | +$5.11M |
|
|
FL
371
CALL
DELISTED
Foot Locker
FL
| $5.58M | 0.06% |
+227,700
| New | +$4.14M |
|
372
PUT
Valaris
VAL
$5.48B
| $5.56M | 0.06% |
132,000
| – | – |
|
373
CALL
Cisco
CSCO
$457B
| $5.55M | 0.06% |
+80,000
| New | +$4.92M |
|
374
PUT
Merck
MRK
$322B
| $5.54M | 0.06% |
70,000
+20,000
| +40% | +$1.59M |
|
375
PUT
Aaon
AAON
$7.3B
| $5.53M | 0.06% |
+75,000
| New | +$6.57M |
|
Similar funds
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AIMCA
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.