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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
+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
(-13%)
Cap. Flow
-$2.48B
Cap. Flow
% of AUM
-27.43%
Top 10 Holdings %
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 |
Regeneron Pharmaceuticals
REGN
|
+$17.4M |
| 3 |
Insmed
INSM
|
+$16.1M |
| 4 |
Gilead Sciences
GILD
|
+$15.8M |
| 5 |
K
Kellanova
K
|
+$15.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$394M |
| 2 |
Amazon
AMZN
|
+$314M |
| 3 |
NVIDIA
NVDA
|
+$255M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$121M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
1001
CALL
SoundThinking
SSTI
$100M
| $783K | 0.01% |
+60,000
| New | +$936K |
|
|
NGD
1002
CALL
DELISTED
New Gold Inc
NGD
| $780K | 0.01% |
+157,600
| New | +$648K |
|
1003
Nu Skin
NUS
$252M
| $778K | 0.01% |
+97,375
| New | +$684K |
|
1004
Atlas Energy Solutions
AESI
$1.35B
| $775K | 0.01% |
+58,000
| New | +$792K |
|
|
SMLR
1005
CALL
DELISTED
Semler Scientific
SMLR
| $775K | 0.01% |
+20,000
| New | +$713K |
|
|
TIGR
1006
CALL
UP Fintech Holding
TIGR
$876M
| $772K | 0.01% |
80,000
| – | – |
|
1007
Kosmos Energy
KOS
$1.6B
| $767K | 0.01% |
+445,915
| New | +$807K |
|
|
RNAM
1008
PUT
DELISTED
Avidity Biosciences
RNAM
| $767K | 0.01% |
27,000
-215,000
| -89% | -$6.41M |
|
1009
PUT
G-III Apparel Group
GIII
$1.54B
| $764K | 0.01% |
+34,100
| New | +$859K |
|
|
PGRE
1010
PUT
DELISTED
Paramount Group
PGRE
| $763K | 0.01% |
+125,000
| New | +$651K |
|
1011
Addus HomeCare
ADUS
$2.16B
| $762K | 0.01% |
6,617
+5,617
| +562% | +$607K |
|
1012
Monro
MNRO
$383M
| $762K | 0.01% |
51,116
-42,742
| -46% | -$616K |
|
1013
Genworth Financial
GNW
$3.76B
| $756K | 0.01% |
97,117
-64,060
| -40% | -$448K |
|
1014
PUT
Green Plains
GPRE
$1.18B
| $754K | 0.01% |
125,000
| – | – |
|
1015
Truist Financial
TFC
$63.3B
| $752K | 0.01% |
17,500
-83,085
| -83% | -$3.25M |
|
1016
PUT
Travere Therapeutics
TVTX
$5.2B
| $740K | 0.01% |
+50,000
| New | +$829K |
|
1017
PUT
Arvinas
ARVN
$518M
| $736K | 0.01% |
100,000
-112,200
| -53% | -$826K |
|
1018
PUT
Telephone and Data Systems
TDS
$3.82B
| $733K | 0.01% |
+20,600
| New | +$723K |
|
1019
Innovative Industrial Properties
IIPR
$1.71B
| $731K | 0.01% |
13,235
+1,339
| +11% | +$73.3K |
|
1020
CALL
NETGEAR
NTGR
$648M
| $727K | 0.01% |
25,000
-476,500
| -95% | -$12.8M |
|
1021
CALL
Unity
U
$13.8B
| $726K | 0.01% |
30,000
-45,000
| -60% | -$990K |
|
1022
CALL
Structure Therapeutics
GPCR
$3.41B
| $726K | 0.01% |
35,000
+21,100
| +152% | +$464K |
|
1023
Ramaco Resources Class A
METC
$599M
| $723K | 0.01% |
+55,000
| New | +$526K |
|
1024
PUT
Bloom Energy
BE
$60.6B
| $718K | 0.01% |
30,000
| – | – |
|
1025
NCR Atleos
NATL
$3.47B
| $713K | 0.01% |
+25,000
| New | +$674K |
|
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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.