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
+8.37%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$14.6B
AUM Growth
+$1.76B
Cap. Flow
+$1.61B
Cap. Flow %
11.04%
Top 10 Hldgs %
12.14%
Holding
2,182
New
575
Increased
392
Reduced
342
Closed
670

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$126M
2
NVDA icon
NVIDIA
NVDA
+$123M
3
NFLX icon
Netflix
NFLX
+$81.9M
4
MSFT icon
Microsoft
MSFT
+$52.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$51M

Top Sells

Rank Stock Value
1
ECHO
EchoStar
ECHO
+$34.1M
2
XLB icon
State Street Materials Select Sector SPDR ETF
XLB
+$24M
3
HPE icon
Hewlett Packard
HPE
+$22.9M
4
TSLA icon
Tesla
TSLA
+$22.2M
5
RVMD icon
Revolution Medicines
RVMD
+$20.6M

Sector Composition

Rank Sector Weight
1 Technology 4.6%
2 Consumer Discretionary 2.55%
3 Healthcare 2.5%
4 Communication Services 1.71%
5 Financials 1.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
STAA icon
1026
CALL
STAAR Surgical
STAA
$1.14B
$1.11M 0.01%
47,900
-40,100
-46% -$1.03M
LEG icon
1027
CALL
Leggett & Platt
LEG
$1.5B
$1.1M 0.01%
+99,800
New +$982K
ELF icon
1028
PUT
e.l.f. Beauty
ELF
$4.95B
$1.09M 0.01%
+14,400
New +$1.42M
ARM icon
1029
PUT
Arm
ARM
$284B
$1.09M 0.01%
10,000
– –
STNG icon
1030
CALL
Scorpio Tankers
STNG
$3.9B
$1.09M 0.01%
21,500
– –
BNED icon
1031
PUT
Barnes & Noble Education
BNED
$445M
$1.09M 0.01%
118,800
+18,700
+19% +$165K
PAR icon
1032
PUT
PAR Technology
PAR
$682M
$1.09M 0.01%
+30,000
New +$1.08M
HPP
1033
PUT
Hudson Pacific Properties
HPP
$794M
$1.08M 0.01%
100,000
+85,714
+600% +$1.27M
SRPT icon
1034
PUT
Sarepta Therapeutics
SRPT
$1.68B
$1.08M 0.01%
50,000
-121,500
-71% -$2.56M
SQM icon
1035
Sociedad Química y Minera de Chile
SQM
$19.6B
$1.07M 0.01%
15,582
-52,365
-77% -$2.88M
NB
1036
PUT
NioCorp Developments
NB
$610M
$1.06M 0.01%
+200,000
New +$1.38M
HAS icon
1037
Hasbro
HAS
$12.8B
$1.06M 0.01%
+12,900
New +$1.01M
ETOR
1038
CALL
eToro Group
ETOR
$3.01B
$1.05M 0.01%
+30,000
New +$1.16M
ALIT icon
1039
Alight
ALIT
$520M
$1.05M 0.01%
27,000
-1,000
-4% -$49.8K
KNX icon
1040
PUT
Knight Transportation
KNX
$11.5B
$1.05M 0.01%
20,000
-65,000
-76% -$3.05M
CMTG icon
1041
Claros Mortgage Trust
CMTG
$307M
$1.04M 0.01%
340,000
+42,764
+14% +$140K
DBRG icon
1042
PUT
DigitalBridge
DBRG
$2.93B
$1.04M 0.01%
+67,500
New +$811K
ABR icon
1043
CALL
Arbor Realty Trust
ABR
$977M
$1.04M 0.01%
+133,400
New +$1.31M
AMRX icon
1044
Amneal Pharmaceuticals
AMRX
$5.78B
$1.03M 0.01%
+81,735
New +$935K
TDS icon
1045
CALL
Telephone and Data Systems
TDS
$3.83B
$1.02M 0.01%
+25,000
New +$974K
LBRT icon
1046
CALL
Liberty Energy
LBRT
$2.75B
$1.02M 0.01%
55,000
-5,000
-8% -$83.5K
AR icon
1047
Antero Resources
AR
$10.5B
$1.01M 0.01%
29,446
+28,346
+2,577% +$960K
INDI icon
1048
indie Semiconductor
INDI
$727M
$1.01M 0.01%
+286,600
New +$1.26M
ARM icon
1049
Arm
ARM
$284B
$1.01M 0.01%
9,250
+1,000
+12% +$145K
GLDD
1050
CALL
DELISTED
Great Lakes Dredge & Dock
GLDD
$1.01M 0.01%
77,000
+37,000
+93% +$456K
40 41
42
43 44

Similar funds

ASRS
Arizona State Retirement System Phoenix, Arizona $17.1B AUM 30.52% 1-Year Est. Return
PP
Prudential plc London, England, United Kingdom $17.1B AUM 15.7% 1-Year Est. Return
VMPIC
Varma Mutual Pension Insurance Co Helsinki, Finland $17B AUM 24.09% 1-Year Est. Return
BCIM
British Columbia Investment Management Victoria, British Columbia, Canada $17B AUM 31.69% 1-Year Est. Return
BBA
Baker Bros. Advisors New York $17.4B AUM 131.5% 1-Year Est. Return
Macquarie Group
Macquarie Group Sydney, NSW 2000, Australia $16.8B AUM 27.39% 1-Year Est. Return
FCM
Farallon Capital Management San Francisco, California $17.5B AUM 50.95% 1-Year Est. Return
AIMCA
Alberta Investment Management Corp (AIMCo) Edmonton, Alberta, Canada $16.7B AUM 23.27% 1-Year Est. Return

Caption Management's Q4 2025 Portfolio in Review

As of Q4 2025, Caption Management held 2,182 positions worth $14.6B, up 14% from $12.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Caption Management deployed $1.61B of net new capital in Q4 2025, opening 575 new positions and adding to 392 existing holdings. Its largest new stake was Apple: 470,000 shares worth $128M.

By sector, the portfolio is most concentrated in Technology at 4.6% of assets, up from 2.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was Tesla, an estimated $22.2M trimmed.

  • Caption Management's largest Q4 2025 buy was Apple: 470,000 shares worth $128M.
  • Caption Management added most to NVIDIA in Q4 2025, an estimated $123M increase.
  • Caption Management's biggest Q4 2025 reduction was Tesla, cutting an estimated $22.2M.
  • Caption Management fully exited EchoStar in Q4 2025, selling an estimated $34.1M.
  • Caption Management's ten largest holdings make up 12% of its $14.6B portfolio in Q4 2025.
  • Caption Management opened 575 new positions and closed 670 in Q4 2025.
  • Caption Management's portfolio value rose 14% quarter-over-quarter to $14.6B.

Based on Caption Management's 13F filing for Q4 2025, filed 17 Feb 2026.