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
+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
Cap. Flow
-$2.48B
Cap. Flow %
-27.43%
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
REGN icon
Regeneron Pharmaceuticals
REGN
+$17.4M
3
INSM icon
Insmed
INSM
+$16.1M
4
GILD icon
Gilead Sciences
GILD
+$15.8M
5
K
Kellanova
K
+$15.3M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$394M
2
AMZN icon
Amazon
AMZN
+$314M
3
NVDA icon
NVIDIA
NVDA
+$255M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$121M
5
AMD icon
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
GOOGL icon
51
PUT
Alphabet (Google) Class A
GOOGL
$4.08T
$30.8M 0.34%
175,000
-765,000
-81% -$125M
BRBR icon
52
CALL
BellRing Brands
BRBR
$1.53B
$30.6M 0.34%
529,000
+430,100
+435% +$28.7M
PEGA icon
53
CALL
Pegasystems
PEGA
$4.94B
$30.6M 0.34%
+565,100
New +$25.6M
K
54
PUT
DELISTED
Kellanova
K
$30.3M 0.34%
381,400
+380,800
+63,467% +$31.1M
DAVE icon
55
CALL
Dave Inc
DAVE
$4.8B
$30.3M 0.34%
112,900
+97,900
+653% +$15.4M
ORCL icon
56
CALL
Oracle
ORCL
$367B
$29.8M 0.33%
+136,500
New +$22M
AMKR icon
57
PUT
Amkor Technology
AMKR
$12B
$28.7M 0.32%
1,365,000
+1,235,000
+950% +$22.8M
LDOS icon
58
PUT
Leidos
LDOS
$14.1B
$28.5M 0.32%
180,400
– –
PANW icon
59
PUT
Palo Alto Networks
PANW
$265B
$28.4M 0.31%
138,800
-69,000
-33% -$12.8M
INSM icon
60
PUT
Insmed
INSM
$22B
$28.4M 0.31%
282,100
+134,300
+91% +$10.3M
GRPN icon
61
CALL
Groupon
GRPN
$1.06B
$27.8M 0.31%
830,200
+514,900
+163% +$13.1M
ORCL icon
62
PUT
Oracle
ORCL
$367B
$27.7M 0.31%
+126,500
New +$20.4M
W icon
63
CALL
Wayfair
W
$11.9B
$27.6M 0.31%
540,000
-95,000
-15% -$3.55M
DPZ icon
64
PUT
Domino's
DPZ
$11.7B
$27.4M 0.3%
+60,900
New +$28.6M
JAZZ icon
65
CALL
Jazz Pharmaceuticals
JAZZ
$16.2B
$27.2M 0.3%
256,200
+95,800
+60% +$10.4M
NTRS icon
66
PUT
Northern Trust
NTRS
$22.4B
$26M 0.29%
+205,000
New +$21M
XLE icon
67
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.2B
$25.4M 0.28%
+600,000
New +$25M
IONS icon
68
CALL
Ionis Pharmaceuticals
IONS
$8.85B
$24.5M 0.27%
620,700
+570,700
+1,141% +$18.7M
XOM icon
69
CALL
ExxonMobil
XOM
$651B
$23.8M 0.26%
220,500
+165,300
+299% +$17.7M
ACLX
70
PUT
DELISTED
Arcellx
ACLX
$23.7M 0.26%
360,000
+238,800
+197% +$14.9M
NET icon
71
PUT
Cloudflare
NET
$101B
$23.5M 0.26%
+120,000
New +$17.4M
NEM icon
72
CALL
Newmont
NEM
$101B
$23.4M 0.26%
+402,500
New +$21.5M
EXE
73
PUT
Expand Energy Corp
EXE
$21.4B
$23.4M 0.26%
+200,000
New +$22.3M
JNPR
74
CALL
DELISTED
Juniper Networks
JNPR
$23.1M 0.26%
578,800
-41,900
-7% -$1.5M
FLR icon
75
PUT
Fluor
FLR
$6.99B
$23M 0.26%
449,500
+2,000
+0.4% +$79.8K
1 2
3
4 5

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 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.