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
+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 | |
|---|---|---|---|---|---|---|
|
AMRS
776
CALL
DELISTED
Amyris Inc.
AMRS
| $918K | 0.01% |
600,000
| – | – |
|
|
WBA
777
DELISTED
Walgreens Boots Alliance
WBA
| $911K | 0.01% |
24,393
+8,143
| +50% | +$306K |
|
778
CALL
Alcoa
AA
$11.8B
| $909K | 0.01% |
20,000
-734,000
| -97% | -$31.9M |
|
779
Sprouts Farmers Market
SFM
$8.28B
| $906K | 0.01% |
+28,000
| New | +$872K |
|
|
ITCI
780
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $905K | 0.01% |
17,100
| – | – |
|
781
CACI
CACI
$11.3B
| $902K | 0.01% |
+3,000
| New | +$875K |
|
782
AbCellera Biologics
ABCL
$1.77B
| $895K | 0.01% |
88,332
+83,198
| +1,621% | +$961K |
|
783
CALL
Western Midstream Partners
WES
$19.1B
| $894K | 0.01% |
+33,300
| New | +$898K |
|
784
Alliance Resource Partners
ARLP
$3.34B
| $890K | 0.01% |
+43,800
| New | +$992K |
|
|
EDR
785
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $890K | 0.01% |
+39,479
| New | +$842K |
|
786
PUT
AtriCure
ATRC
$1.98B
| $888K | 0.01% |
+20,000
| New | +$835K |
|
787
Shopify
SHOP
$153B
| $885K | 0.01% |
25,500
+5,500
| +28% | +$188K |
|
|
CIM
788
Chimera Investment
CIM
$1.06B
| $880K | 0.01% |
53,333
+13,333
| +33% | +$249K |
|
|
APLS
789
DELISTED
Apellis Pharmaceuticals
APLS
| $879K | 0.01% |
+17,000
| New | +$902K |
|
790
SiriusXM
SIRI
$10.3B
| $876K | 0.01% |
15,000
+11,131
| +288% | +$684K |
|
791
PUT
KB Home
KBH
$3.42B
| $876K | 0.01% |
+27,500
| New | +$819K |
|
792
PUT
Azenta
AZTA
$1.37B
| $873K | 0.01% |
15,000
| – | – |
|
793
Aspen Aerogels
ASPN
$391M
| $872K | 0.01% |
+74,000
| New | +$846K |
|
794
PUT
Intellia Therapeutics
NTLA
$1.5B
| $872K | 0.01% |
25,000
-45,000
| -64% | -$2.14M |
|
795
PUT
Cabot Corp
CBT
$4.63B
| $869K | 0.01% |
13,000
-13,000
| -50% | -$908K |
|
796
State Street Financial Select Sector SPDR ETF
XLF
$57.9B
| $862K | 0.01% |
25,200
+23,723
| +1,606% | +$802K |
|
|
FLG
797
CALL
Flagstar Bank National Association
FLG
$5.95B
| $860K | 0.01% |
33,333
| – | – |
|
|
B
798
CALL
Barrick Mining
B
$62.4B
| $859K | 0.01% |
50,000
| – | – |
|
799
CALL
Opendoor
OPEN
$3.86B
| $859K | 0.01% |
764,873
-258,334
| -25% | -$495K |
|
800
Altimmune
ALT
$572M
| $857K | 0.01% |
52,104
-2,896
| -5% | -$32.5K |
|
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.