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
+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
Cap. Flow
-$2.48B
Cap. Flow %
-27.43%
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
REGN icon
Regeneron Pharmaceuticals
REGN
+$17.4M
3
INSM icon
Insmed
INSM
+$16.1M
4
GILD icon
Gilead Sciences
GILD
+$15.8M
5
K
Kellanova
K
+$15.3M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$394M
2
AMZN icon
Amazon
AMZN
+$314M
3
NVDA icon
NVIDIA
NVDA
+$255M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$121M
5
AMD icon
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
VRT icon
101
CALL
Vertiv
VRT
$93.1B
$18M 0.2%
140,000
-40,000
-22% -$3.89M
RARE icon
102
PUT
Ultragenyx Pharmaceutical
RARE
$2.5B
$17.9M 0.2%
493,500
+196,500
+66% +$7.08M
UPST icon
103
CALL
Upstart Holdings
UPST
$2.57B
$17.8M 0.2%
275,000
+25,000
+10% +$1.23M
CELH icon
104
CALL
Celsius Holdings
CELH
$7.38B
$17.8M 0.2%
383,000
-396,000
-51% -$15.3M
ASTS icon
105
CALL
AST SpaceMobile
ASTS
$17.4B
$17.7M 0.2%
379,200
– –
OSCR icon
106
CALL
Oscar Health
OSCR
$9.24B
$17.6M 0.2%
822,700
-185,000
-18% -$2.75M
MCD icon
107
CALL
McDonald's
MCD
$190B
$17.5M 0.19%
60,000
+1,000
+2% +$308K
PWR icon
108
CALL
Quanta Services
PWR
$102B
$17M 0.19%
45,000
– –
CVS icon
109
PUT
CVS Health
CVS
$134B
$17M 0.19%
246,200
+146,200
+146% +$9.59M
KRYS icon
110
CALL
Krystal Biotech
KRYS
$10.6B
$16.5M 0.18%
120,000
-101,800
-46% -$15M
NTRS icon
111
CALL
Northern Trust
NTRS
$22.3B
$16.5M 0.18%
+130,000
New +$13.3M
GILD icon
112
Gilead Sciences
GILD
$161B
$16.5M 0.18%
+148,600
New +$15.8M
PANW icon
113
CALL
Palo Alto Networks
PANW
$267B
$16.4M 0.18%
80,200
– –
SLG icon
114
PUT
SL Green Realty
SLG
$3.79B
$16.4M 0.18%
+265,000
New +$15.2M
WBA
115
PUT
DELISTED
Walgreens Boots Alliance
WBA
$16.4M 0.18%
1,428,600
+393,400
+38% +$4.38M
MAR icon
116
CALL
Marriott International
MAR
$98.6B
$16.4M 0.18%
60,000
+25,000
+71% +$6.27M
REGN icon
117
Regeneron Pharmaceuticals
REGN
$76.3B
$16.4M 0.18%
+31,200
New +$17.4M
EXEL icon
118
PUT
Exelixis
EXEL
$13.7B
$16.1M 0.18%
366,200
+278,700
+319% +$11.1M
CORZ icon
119
PUT
Core Scientific
CORZ
$6.91B
$15.7M 0.17%
921,000
+602,000
+189% +$6.02M
GGAL icon
120
PUT
Galicia Financial Group
GGAL
$8.21B
$15.4M 0.17%
305,700
-83,700
-21% -$4.79M
SRPT icon
121
CALL
Sarepta Therapeutics
SRPT
$1.62B
$15.4M 0.17%
898,400
+847,400
+1,662% +$36.2M
GILD icon
122
PUT
Gilead Sciences
GILD
$161B
$15.2M 0.17%
137,000
+57,000
+71% +$6.07M
AR icon
123
PUT
Antero Resources
AR
$11B
$15.1M 0.17%
+375,000
New +$14.2M
RDDT icon
124
PUT
Reddit
RDDT
$28B
$15.1M 0.17%
100,200
-137,500
-58% -$15.6M
IREN icon
125
CALL
Iris Energy
IREN
$13.3B
$15M 0.17%
1,028,100
+865,600
+533% +$7.03M
3 4
5
6 7

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 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.