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
LULU icon
576
PUT
lululemon athletica
LULU
$13B
$4.16M 0.03%
20,000
-270,000
-93% -$48.9M
ANF icon
577
PUT
Abercrombie & Fitch
ANF
$4.17B
$4.09M 0.03%
32,500
-93,500
-74% -$8.17M
RGR icon
578
PUT
Sturm, Ruger & Co
RGR
$610M
$4.08M 0.03%
+125,000
New +$4.63M
ARCB icon
579
CALL
ArcBest
ARCB
$3.44B
$4.08M 0.03%
+55,000
New +$3.91M
DDOG icon
580
CALL
Datadog
DDOG
$87.9B
$4.08M 0.03%
30,000
– –
NVO
581
Novo Nordisk
NVO
$216B
$4.08M 0.03%
+80,171
New +$4.1M
FORR icon
582
PUT
Forrester Research
FORR
$172M
$4.06M 0.03%
+500,000
New +$3.93M
VSAT icon
583
CALL
Viasat
VSAT
$9.79B
$4.06M 0.03%
117,800
+17,800
+18% +$628K
PSX icon
584
CALL
Phillips 66
PSX
$82.9B
$4.03M 0.03%
31,200
– –
EQT icon
585
CALL
EQT Corp
EQT
$33.2B
$4.02M 0.03%
+75,000
New +$4.21M
CBRE icon
586
PUT
CBRE Group
CBRE
$40.8B
$4.02M 0.03%
25,000
– –
SRPT icon
587
CALL
Sarepta Therapeutics
SRPT
$1.66B
$3.97M 0.03%
184,700
-485,900
-72% -$10.2M
STAA icon
588
PUT
STAAR Surgical
STAA
$1.16B
$3.96M 0.03%
+171,500
New +$4.42M
F icon
589
Ford
F
$57.3B
$3.87M 0.03%
295,000
+180,000
+157% +$2.32M
SBUX icon
590
Starbucks
SBUX
$118B
$3.83M 0.03%
45,500
+45,000
+9,000% +$3.8M
ALIT icon
591
CALL
Alight
ALIT
$497M
$3.83M 0.03%
98,125
+62,375
+174% +$3.11M
TERN
592
CALL
DELISTED
Terns Pharmaceuticals
TERN
$3.82M 0.03%
+94,600
New +$2.19M
TPB icon
593
PUT
Turning Point Brands
TPB
$1.47B
$3.79M 0.03%
35,000
-20,000
-36% -$1.96M
TAN icon
594
CALL
Invesco Solar ETF
TAN
$1.47B
$3.77M 0.03%
76,700
+27,700
+57% +$1.33M
FIVE icon
595
PUT
Five Below
FIVE
$11.2B
$3.77M 0.03%
+20,000
New +$3.25M
TAN icon
596
Invesco Solar ETF
TAN
$1.47B
$3.76M 0.03%
76,574
+15,655
+26% +$754K
GTLB icon
597
PUT
GitLab
GTLB
$5.28B
$3.76M 0.03%
100,200
+50,000
+100% +$2.16M
JANX icon
598
Janux Therapeutics
JANX
$935M
$3.76M 0.03%
272,500
+182,500
+203% +$4.29M
LODE icon
599
CALL
Comstock
LODE
$228M
$3.76M 0.03%
1,000,000
– –
ET icon
600
CALL
Energy Transfer Partners
ET
$70.1B
$3.75M 0.03%
227,500
-2,257,800
-91% -$37.6M
22 23
24
25 26

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.