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
-27.56%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$1.77B
AUM Growth
-$1.21B
Cap. Flow
-$436M
Cap. Flow %
-24.67%
Top 10 Hldgs %
12.3%
Holding
1,254
New
453
Increased
136
Reduced
157
Closed
433

Top Buys

Rank Stock Value
1
W icon
Wayfair
W
+$10.9M
2
GE icon
GE Aerospace
GE
+$8.43M
3
BC icon
Brunswick
BC
+$8.36M
4
MLCO icon
Melco Resorts & Entertainment
MLCO
+$6.96M
5
ALXN
Alexion Pharmaceuticals
ALXN
+$5.92M

Top Sells

Rank Stock Value
1
MDCO
Medicines Co
MDCO
+$28.3M
2
TW icon
Tradeweb Markets
TW
+$11.9M
3
QURE icon
uniQure
QURE
+$10.5M
4
ON icon
ON Semiconductor
ON
+$7.63M
5
INST
Instructure, Inc.
INST
+$7.04M

Sector Composition

Rank Sector Weight
1 Healthcare 4.85%
2 Consumer Discretionary 4.41%
3 Technology 1.8%
4 Industrials 1.5%
5 Energy 0.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INST
1226
DELISTED
Instructure, Inc.
INST
– –
-146,000
Closed -$7.04M
INST
1227
PUT
DELISTED
Instructure, Inc.
INST
– –
-61,000
Closed -$2.94M
DERM
1228
DELISTED
Dermira, Inc.
DERM
– –
-78,800
Closed -$1.19M
DERM
1229
PUT
DELISTED
Dermira, Inc.
DERM
– –
-100,000
Closed -$1.52M
AVEO
1230
CALL
DELISTED
AVEO Pharmaceuticals, Inc.
AVEO
– –
-55,540
Closed -$346K
DPLO
1231
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
– –
-30,000
Closed -$120K
CISN
1232
CALL
DELISTED
Cision Ltd. Ordinary Share
CISN
– –
-375,000
Closed -$3.74M
CISN
1233
DELISTED
Cision Ltd. Ordinary Share
CISN
– –
-285,000
Closed -$2.84M
CISN
1234
PUT
DELISTED
Cision Ltd. Ordinary Share
CISN
– –
-375,000
Closed -$3.74M
ACHN
1235
CALL
DELISTED
Achillion Pharmaceuticals
ACHN
– –
-380,000
Closed -$2.29M
ARQL
1236
CALL
DELISTED
Arqule Inc
ARQL
– –
-600,200
Closed -$12M
ARQL
1237
DELISTED
Arqule Inc
ARQL
– –
-1,200
Closed -$24K
ARQL
1238
PUT
DELISTED
Arqule Inc
ARQL
– –
-340,000
Closed -$6.79M
MDCO
1239
CALL
DELISTED
Medicines Co
MDCO
– –
-554,500
Closed -$47.1M
MDCO
1240
DELISTED
Medicines Co
MDCO
– –
-333,600
Closed -$28.3M
MDCO
1241
PUT
DELISTED
Medicines Co
MDCO
– –
-818,300
Closed -$69.5M
AABA
1242
PUT
DELISTED
Altaba Inc
AABA
– –
-103,000
Closed -$2.02M
HZNP
1243
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
– –
-37,800
Closed -$1.37M
HZNP
1244
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
– –
-10,000
Closed -$363K
CRC
1245
DELISTED
California Resources Corporation
CRC
$0 ﹤0.01%
845
-2,655
-76% -$16.4K
ZGNX
1246
DELISTED
Zogenix, Inc.
ZGNX
– –
-23,871
Closed -$869K
DISH
1247
CALL
DELISTED
DISH Network Corp.
DISH
– –
-31,500
Closed -$1.12M
WLL
1248
CALL
DELISTED
Whiting Petroleum Corporation
WLL
– –
-1,733
Closed -$954K
QADA
1249
CALL
DELISTED
QAD Inc.
QADA
– –
-18,000
Closed -$916K
CBB
1250
PUT
DELISTED
Cincinnati Bell Inc.
CBB
– –
-100,000
Closed -$1.05M
47 48 49
50
51

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 Q1 2020 Portfolio in Review

As of Q1 2020, Caption Management held 1,254 positions worth $1.77B, down 41% from $2.98B the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Caption Management withdrew a net $436M in Q1 2020, closing 433 positions and reducing 157 holdings. Its most notable exit was Medicines Co, an estimated $28.3M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 4.9% of assets, down from 5.7% a quarter earlier, followed by Consumer Discretionary and Technology.

Against the trend, Caption Management opened a new position in Wayfair worth $7.62M.

  • Caption Management's largest Q1 2020 buy was Wayfair: 142,544 shares worth $7.62M.
  • Caption Management added most to GE Aerospace in Q1 2020, an estimated $8.43M increase.
  • Caption Management's biggest Q1 2020 reduction was uniQure, cutting an estimated $10.5M.
  • Caption Management fully exited Medicines Co in Q1 2020, selling an estimated $28.3M.
  • Caption Management's ten largest holdings make up 12% of its $1.77B portfolio in Q1 2020.
  • Caption Management opened 453 new positions and closed 433 in Q1 2020.
  • Caption Management's portfolio value fell 41% quarter-over-quarter to $1.77B.

Based on Caption Management's 13F filing for Q1 2020, filed 15 May 2020.