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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
+6.75%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$5.18B
AUM Growth
-$1.23B
(-19%)
Cap. Flow
-$1.43B
Cap. Flow
% of AUM
-27.54%
Top 10 Holdings %
Top 10 Hldgs %
16.5%
Holding
1,730
New
499
Increased
190
Reduced
247
Closed
699
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Madrigal Pharmaceuticals
MDGL
|
+$12.3M |
| 2 |
KraneShares CSI China Internet ETF
KWEB
|
+$11.1M |
| 3 |
WWE
World Wrestling Entertainment
WWE
|
+$10.5M |
| 4 |
Walt Disney
DIS
|
+$10.3M |
| 5 |
UBS Group
UBS
|
+$10M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PMT
PennyMac Mortgage Investment
PMT
|
+$17.9M |
| 2 |
Antero Resources
AR
|
+$17.5M |
| 3 |
Teck Resources
TECK
|
+$17.2M |
| 4 |
ONC
BeOne Medicines Ltd
ONC
|
+$16.4M |
| 5 |
EQT Corp
EQT
|
+$14.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.97% |
| 2 | Technology | 1.38% |
| 3 | Consumer Discretionary | 0.99% |
| 4 | Communication Services | 0.82% |
| 5 | Financials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Rio Tinto
RIO
$158B
| $720K | 0.01% |
+10,500
| New | +$762K |
|
702
CALL
GitLab
GTLB
$5.83B
| $720K | 0.01% |
21,000
-212,000
| -91% | -$9.31M |
|
703
CALL
Arcturus Therapeutics
ARCT
$164M
| $719K | 0.01% |
+30,000
| New | +$538K |
|
|
704
PUT
Arcturus Therapeutics
ARCT
$164M
| $719K | 0.01% |
+30,000
| New | +$538K |
|
705
Hercules Capital
HTGC
$3.07B
| $717K | 0.01% |
55,654
+16,077
| +41% | +$225K |
|
706
CALL
Stem
STEM
$48.4M
| $709K | 0.01% |
+6,250
| New | +$1.06M |
|
|
707
PUT
Stem
STEM
$48.4M
| $709K | 0.01% |
+6,250
| New | +$1.06M |
|
708
CALL
Aspen Aerogels
ASPN
$384M
| $708K | 0.01% |
95,000
| – | – |
|
|
709
PUT
Aspen Aerogels
ASPN
$384M
| $708K | 0.01% |
95,000
| – | – |
|
710
CALL
Alcon
ALC
$33.6B
| $705K | 0.01% |
+10,000
| New | +$712K |
|
711
Innoviz Technologies
INVZ
$95M
| $700K | 0.01% |
200,000
-117,652
| -37% | -$521K |
|
712
CALL
Kiniksa Pharmaceuticals
KNSA
$5.8B
| $699K | 0.01% |
65,000
+30,000
| +86% | +$395K |
|
|
713
PUT
Kiniksa Pharmaceuticals
KNSA
$5.8B
| $699K | 0.01% |
65,000
+30,000
| +86% | +$395K |
|
714
Illumina
ILMN
$31B
| $698K | 0.01% |
+3,084
| New | +$631K |
|
715
Loews
L
$23.9B
| $696K | 0.01% |
+12,000
| New | +$711K |
|
716
PUT
Omega Healthcare
OHI
$15.1B
| $691K | 0.01% |
+25,200
| New | +$701K |
|
|
TSP
717
CALL
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $690K | 0.01% |
469,500
-2,400
| -0.5% | -$4.54K |
|
718
PUT
Agios Pharmaceuticals
AGIO
$1.79B
| $689K | 0.01% |
30,000
| – | – |
|
719
Boston Properties
BXP
$11.2B
| $687K | 0.01% |
+12,700
| New | +$829K |
|
|
OPTU
720
PUT
Optimum Communications Inc
OPTU
$298M
| $684K | 0.01% |
+200,000
| New | +$850K |
|
721
Zai Lab
ZLAB
$2.06B
| $682K | 0.01% |
+20,500
| New | +$787K |
|
722
CALL
IMAX
IMAX
$2.62B
| $671K | 0.01% |
+35,000
| New | +$602K |
|
|
723
PUT
IMAX
IMAX
$2.62B
| $671K | 0.01% |
+35,000
| New | +$602K |
|
|
PDM
724
PUT
Piedmont Realty Trust
PDM
$1.21B
| $671K | 0.01% |
+91,900
| New | +$844K |
|
725
CALL
Cognizant
CTSH
$24.9B
| $670K | 0.01% |
+11,000
| New | +$689K |
|
Similar funds
ASRS
PP
VMPIC
BCIM
BBA
FCM
AIMCA
Caption Management's Q1 2023 Portfolio in Review
As of Q1 2023, Caption Management held 1,730 positions worth $5.18B, down 19% from $6.41B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Caption Management withdrew a net $1.43B in Q1 2023, closing 699 positions and reducing 247 holdings. Its most notable exit was PennyMac Mortgage Investment, an estimated $17.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 2% of assets, down from 2.5% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Caption Management opened a new position in World Wrestling Entertainment worth $11.2M.
- Caption Management's largest Q1 2023 buy was World Wrestling Entertainment: 123,000 shares worth $11.2M.
- Caption Management added most to Madrigal Pharmaceuticals in Q1 2023, an estimated $12.3M increase.
- Caption Management's biggest Q1 2023 reduction was State Street SPDR S&P Biotech ETF, cutting an estimated $13.3M.
- Caption Management fully exited PennyMac Mortgage Investment in Q1 2023, selling an estimated $17.9M.
- Caption Management's ten largest holdings make up 16% of its $5.18B portfolio in Q1 2023.
- Caption Management opened 499 new positions and closed 699 in Q1 2023.
- Caption Management's portfolio value fell 19% quarter-over-quarter to $5.18B.
Based on Caption Management's 13F filing for Q1 2023, filed 15 May 2023.