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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 | |
|---|---|---|---|---|---|---|
1026
CALL
Tronox
TROX
$932M
| $710K | 0.01% |
+140,100
| New | +$763K |
|
1027
Xponential Fitness
XPOF
$273M
| $707K | 0.01% |
94,386
-196,055
| -68% | -$1.62M |
|
1028
PUT
Rocket Companies
RKT
$36.5B
| $702K | 0.01% |
+49,500
| New | +$642K |
|
1029
KBR
KBR
$4.62B
| $700K | 0.01% |
14,600
| – | – |
|
|
SRTA
1030
PUT
Strata Critical Medical Inc
SRTA
$434M
| $699K | 0.01% |
+173,400
| New | +$564K |
|
1031
Red Rock Resorts
RRR
$3.77B
| $697K | 0.01% |
13,400
| – | – |
|
1032
Clear Secure
YOU
$5.57B
| $694K | 0.01% |
+25,000
| New | +$637K |
|
1033
FTAI Infrastructure
FIP
$441M
| $692K | 0.01% |
112,145
| – | – |
|
1034
KKR & Co
KKR
$91.1B
| $692K | 0.01% |
5,200
-4,925
| -49% | -$577K |
|
1035
MGM Resorts International
MGM
$11.4B
| $688K | 0.01% |
+20,000
| New | +$634K |
|
1036
CALL
UroGen Pharma
URGN
$1.86B
| $685K | 0.01% |
+50,000
| New | +$480K |
|
1037
PENN Entertainment
PENN
$2.75B
| $684K | 0.01% |
38,271
-258,733
| -87% | -$4.06M |
|
|
XYZ
1038
CALL
Block Inc
XYZ
$48.4B
| $679K | 0.01% |
+10,000
| New | +$582K |
|
1039
PUT
Mineralys Therapeutics
MLYS
$2.25B
| $677K | 0.01% |
+50,000
| New | +$725K |
|
1040
WPP
WPP
$4.36B
| $672K | 0.01% |
19,191
-8,000
| -29% | -$300K |
|
1041
DoubleVerify
DV
$1.73B
| $671K | 0.01% |
44,798
-21,292
| -32% | -$292K |
|
|
HOUS
1042
DELISTED
Anywhere Real Estate
HOUS
| $670K | 0.01% |
+185,000
| New | +$645K |
|
1043
CALL
Allot
ALLT
$372M
| $663K | 0.01% |
77,500
-129,300
| -63% | -$930K |
|
1044
PUT
BioMarin Pharmaceuticals
BMRN
$11.6B
| $660K | 0.01% |
12,000
-31,500
| -72% | -$1.85M |
|
1045
CALL
Inseego
INSG
$114M
| $659K | 0.01% |
+80,000
| New | +$625K |
|
1046
The Mosaic Company
MOS
$7.03B
| $657K | 0.01% |
18,000
-18,000
| -50% | -$577K |
|
1047
Teradyne
TER
$57.6B
| $656K | 0.01% |
7,300
-38,700
| -84% | -$3.09M |
|
1048
PUT
Navitas Semiconductor
NVTS
$2.84B
| $655K | 0.01% |
+100,000
| New | +$385K |
|
1049
CALL
Bank OZK
OZK
$5.6B
| $654K | 0.01% |
+13,900
| New | +$608K |
|
1050
CALL
Acadia Pharmaceuticals
ACAD
$4.43B
| $647K | 0.01% |
+30,000
| New | +$558K |
|
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BCIM
BBA
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AIMCA
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.