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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
+5.52%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$5.65B
AUM Growth
+$471M
(+9.1%)
Cap. Flow
+$283M
Cap. Flow
% of AUM
5.01%
Top 10 Holdings %
Top 10 Hldgs %
17.56%
Holding
1,507
New
476
Increased
192
Reduced
202
Closed
448
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lockheed Martin
LMT
|
+$14.4M |
| 2 |
argenx
ARGX
|
+$13.4M |
| 3 |
Compañía de Minas Buenaventura
BVN
|
+$13.1M |
| 4 |
ATVI
Activision Blizzard
ATVI
|
+$11.3M |
| 5 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$11M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KraneShares CSI China Internet ETF
KWEB
|
+$16.7M |
| 2 |
Sabre
SABR
|
+$12.5M |
| 3 |
UBS Group
UBS
|
+$10.2M |
| 4 |
Walt Disney
DIS
|
+$9.97M |
| 5 |
CBL
CBL Properties
CBL
|
+$7.85M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.56% |
| 2 | Technology | 1.89% |
| 3 | Consumer Discretionary | 0.9% |
| 4 | Communication Services | 0.87% |
| 5 | Industrials | 0.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
CALL
Legend Biotech
LEGN
$3.59B
| $16.4M | 0.29% |
237,500
+142,500
| +150% | +$9.31M |
|
|
NVO
77
CALL
Novo Nordisk
NVO
$208B
| $16.2M | 0.29% |
+200,400
| New | +$16.4M |
|
78
PUT
Shutterstock
SSTK
$198M
| $16.2M | 0.29% |
+333,100
| New | +$19M |
|
79
CALL
Shopify
SHOP
$152B
| $16.1M | 0.29% |
250,000
| – | – |
|
|
CBL
80
CALL
CBL Properties
CBL
$1.82B
| $16.1M | 0.29% |
731,800
+496,000
| +210% | +$11.6M |
|
81
CALL
Super Micro Computer
SMCI
$18.4B
| $16.1M | 0.28% |
+645,000
| New | +$10.8M |
|
82
PUT
American Airlines Group
AAL
$10.1B
| $15.6M | 0.28% |
870,400
+228,600
| +36% | +$3.35M |
|
83
CALL
Sunrun
RUN
$2.34B
| $15.6M | 0.28% |
871,100
+328,100
| +60% | +$6.1M |
|
84
PUT
Procter & Gamble
PG
$336B
| $15.2M | 0.27% |
+100,000
| New | +$15.1M |
|
85
Palo Alto Networks
PANW
$270B
| $15.1M | 0.27% |
118,566
+67,600
| +133% | +$7.03M |
|
|
APLS
86
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $15.1M | 0.27% |
165,500
-385,000
| -70% | -$33.2M |
|
87
CALL
LyondellBasell Industries
LYB
$20B
| $15M | 0.27% |
163,800
| – | – |
|
88
CALL
DraftKings
DKNG
$11.6B
| $14.7M | 0.26% |
555,000
-60,000
| -10% | -$1.38M |
|
|
CTLT
89
CALL
DELISTED
CATALENT, INC.
CTLT
| $14.6M | 0.26% |
336,200
+316,700
| +1,624% | +$13.9M |
|
90
CALL
DexCom
DXCM
$31.5B
| $14.5M | 0.26% |
+112,700
| New | +$13.6M |
|
|
RVNC
91
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
| $14.4M | 0.26% |
569,800
-15,900
| -3% | -$495K |
|
|
VTLE
92
CALL
DELISTED
Vital Energy
VTLE
| $14.4M | 0.26% |
+319,000
| New | +$14.4M |
|
93
PUT
Oracle
ORCL
$374B
| $14.3M | 0.25% |
+120,000
| New | +$12.4M |
|
|
94
Lockheed Martin
LMT
$134B
| $14.3M | 0.25% |
+31,000
| New | +$14.4M |
|
95
CALL
NRG Energy
NRG
$28.3B
| $14.2M | 0.25% |
380,300
+342,800
| +914% | +$11.7M |
|
|
EXAS
96
CALL
DELISTED
Exact Sciences
EXAS
| $14M | 0.25% |
149,200
+124,200
| +497% | +$9.69M |
|
97
CALL
ON Semiconductor
ON
$31.8B
| $14M | 0.25% |
148,000
| – | – |
|
98
CALL
Madrigal Pharmaceuticals
MDGL
$10.8B
| $13.9M | 0.25% |
+60,000
| New | +$16.3M |
|
99
PUT
DoorDash
DASH
$85.5B
| $13.8M | 0.24% |
+180,000
| New | +$11.9M |
|
100
CALL
Herc Holdings
HRI
$5.02B
| $13.7M | 0.24% |
+100,000
| New | +$11.1M |
|
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Caption Management's Q2 2023 Portfolio in Review
As of Q2 2023, Caption Management held 1,507 positions worth $5.65B, up 9.1% from $5.18B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Caption Management deployed $283M of net new capital in Q2 2023, opening 476 new positions and adding to 192 existing holdings. Its largest new stake was Lockheed Martin: 31,000 shares worth $14.3M.
By sector, the portfolio is most concentrated in Healthcare at 2.6% of assets, up from 2% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Sabre, an estimated $12.5M trimmed.
- Caption Management's largest Q2 2023 buy was Lockheed Martin: 31,000 shares worth $14.3M.
- Caption Management added most to State Street SPDR S&P Biotech ETF in Q2 2023, an estimated $11M increase.
- Caption Management's biggest Q2 2023 reduction was Sabre, cutting an estimated $12.5M.
- Caption Management fully exited KraneShares CSI China Internet ETF in Q2 2023, selling an estimated $16.7M.
- Caption Management's ten largest holdings make up 18% of its $5.65B portfolio in Q2 2023.
- Caption Management opened 476 new positions and closed 448 in Q2 2023.
- Caption Management's portfolio value rose 9.1% quarter-over-quarter to $5.65B.
Based on Caption Management's 13F filing for Q2 2023, filed 14 Aug 2023.