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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 | |
|---|---|---|---|---|---|---|
926
StoneCo
STNE
$2.77B
| $185K | ﹤0.01% |
+19,400
| New | +$186K |
|
927
CALL
Iovance Biotherapeutics
IOVA
$1.82B
| $183K | ﹤0.01% |
+30,000
| New | +$207K |
|
|
928
PUT
Iovance Biotherapeutics
IOVA
$1.82B
| $183K | ﹤0.01% |
+30,000
| New | +$207K |
|
929
Lumen
LUMN
$6.57B
| $182K | ﹤0.01% |
+68,600
| New | +$277K |
|
930
CALL
First Horizon
FHN
$12.2B
| $178K | ﹤0.01% |
+10,000
| New | +$222K |
|
931
CALL
Green Brick Partners
GRBK
$3.04B
| $175K | ﹤0.01% |
5,000
-15,000
| -75% | -$463K |
|
932
CALL
IHS Holding
IHS
$2.76B
| $175K | ﹤0.01% |
20,000
| – | – |
|
933
Vir Biotechnology
VIR
$1.46B
| $175K | ﹤0.01% |
+7,500
| New | +$192K |
|
934
Microchip Technology
MCHP
$40.3B
| $174K | ﹤0.01% |
2,077
-729
| -26% | -$58.1K |
|
935
Liberty Latin America Class C
LILAK
$1.63B
| $165K | ﹤0.01% |
+22,000
| New | +$175K |
|
936
Arcus Biosciences
RCUS
$3.55B
| $164K | ﹤0.01% |
+9,000
| New | +$172K |
|
937
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $161K | ﹤0.01% |
5,000
-20,200
| -80% | -$702K |
|
|
NOVA
938
DELISTED
Sunnova Energy
NOVA
| $156K | ﹤0.01% |
10,000
-13,000
| -57% | -$227K |
|
|
ESMT
939
DELISTED
EngageSmart, Inc.
ESMT
| $154K | ﹤0.01% |
+8,000
| New | +$155K |
|
940
PUT
PureCycle Technologies
PCT
$1.28B
| $151K | ﹤0.01% |
+21,600
| New | +$151K |
|
941
PUT
Cerus
CERS
$433M
| $149K | ﹤0.01% |
50,000
| – | – |
|
|
QUOT
942
DELISTED
Quotient Technology Inc
QUOT
| $148K | ﹤0.01% |
+45,000
| New | +$160K |
|
|
LAC
943
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $148K | ﹤0.01% |
+6,780
| New | +$150K |
|
944
PUT
Viatris
VTRS
$20.4B
| $144K | ﹤0.01% |
+15,000
| New | +$166K |
|
|
CBIO
945
CALL
Crescent Biopharma
CBIO
$537M
| $139K | ﹤0.01% |
+1,105
| New | +$249K |
|
946
Vale
VALE
$64.1B
| $138K | ﹤0.01% |
8,750
-71,250
| -89% | -$1.21M |
|
947
Clarivate
CLVT
$1.27B
| $137K | ﹤0.01% |
+14,553
| New | +$150K |
|
948
BioCryst Pharmaceuticals
BCRX
$2.28B
| $136K | ﹤0.01% |
16,300
-39,500
| -71% | -$380K |
|
949
Cheesecake Factory
CAKE
$5.04B
| $133K | ﹤0.01% |
3,800
-26,700
| -88% | -$993K |
|
950
Guardant Health
GH
$21.7B
| $131K | ﹤0.01% |
5,600
-43,745
| -89% | -$1.25M |
|
Similar funds
ASRS
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BCIM
BBA
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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.