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Caption Management Portfolio holdings
AUM
$21.5B
1-Year Est. Return
81.81%
This Fund
S&P 500
This Quarter
Est. Return
+17.45%
1 Year Est. Return
+81.81%
3 Year Est. Return
+226.72%
5 Year Est. Return
+294.21%
10 Year Est. Return
–
AUM
$9.03B
AUM Growth
-$1.37B
(-13%)
Cap. Flow
-$1.22B
Cap. Flow
% of AUM
-13.56%
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 | Miscellaneous | 88.58% |
| 2 | Healthcare | 3.09% |
| 3 | Consumer Discretionary | 2.5% |
| 4 | Technology | 1.62% |
| 5 | Financials | 1.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Norwegian Cruise Line
NCLH
$6.68B
| $249K | ﹤0.01% |
+12,300
| New | +$220K |
|
1227
e.l.f. Beauty
ELF
$5.43B
| $249K | ﹤0.01% |
+2,000
| New | +$171K |
|
|
CRON
1228
Cronos Group
CRON
$1.25B
| $248K | ﹤0.01% |
130,085
+39,685
| +44% | +$75.2K |
|
1229
CALL
Regenxbio
RGNX
$547M
| $246K | ﹤0.01% |
30,000
| – | – |
|
|
1230
PUT
Regenxbio
RGNX
$547M
| $246K | ﹤0.01% |
30,000
| – | – |
|
|
DCH
1231
Dauch Corp
DCH
$1.49B
| $245K | ﹤0.01% |
60,000
+28,500
| +90% | +$115K |
|
1232
Medifast
MED
$135M
| $244K | ﹤0.01% |
+17,395
| New | +$229K |
|
1233
GXO Logistics
GXO
$5.38B
| $244K | ﹤0.01% |
5,000
-103,100
| -95% | -$4.11M |
|
1234
Apyx Medical
APYX
$127M
| $242K | ﹤0.01% |
107,708
-239
| -0.2% | -$337 |
|
1235
Tower Semiconductor
TSEM
$24.4B
| $238K | ﹤0.01% |
5,500
-10,000
| -65% | -$384K |
|
|
SERV
1236
Serve Robotics
SERV
$380M
| $237K | ﹤0.01% |
+20,700
| New | +$182K |
|
1237
Clean Energy Fuels
CLNE
$377M
| $235K | ﹤0.01% |
120,704
| – | – |
|
1238
NWPX Infrastructure Inc
NWPX
$994M
| $232K | ﹤0.01% |
+5,663
| New | +$228K |
|
1239
CALL
INmune Bio
INMB
$59.7M
| $231K | ﹤0.01% |
+100,000
| New | +$734K |
|
1240
Weyerhaeuser
WY
$15.7B
| $229K | ﹤0.01% |
8,900
-6,000
| -40% | -$157K |
|
1241
Wendy's
WEN
$1.35B
| $228K | ﹤0.01% |
+20,000
| New | +$244K |
|
|
SAGE
1242
CALL
DELISTED
Sage Therapeutics
SAGE
| $228K | ﹤0.01% |
25,000
| – | – |
|
|
SAGE
1243
PUT
DELISTED
Sage Therapeutics
SAGE
| $228K | ﹤0.01% |
25,000
| – | – |
|
1244
PUT
Inseego
INSG
$67.7M
| $227K | ﹤0.01% |
27,500
-2,500
| -8% | -$19.5K |
|
1245
Ceco Environmental
CECO
$4.15B
| $226K | ﹤0.01% |
8,000
| – | – |
|
1246
Evolent Health
EVH
$424M
| $225K | ﹤0.01% |
20,000
-17,829
| -47% | -$164K |
|
1247
CALL
Wave Life Sciences
WVE
$908M
| $222K | ﹤0.01% |
34,200
| – | – |
|
|
ITOS
1248
DELISTED
iTeos Therapeutics
ITOS
| $221K | ﹤0.01% |
22,157
-132,336
| -86% | -$1.07M |
|
1249
Valley National Bancorp
VLY
$7.58B
| $221K | ﹤0.01% |
+24,720
| New | +$215K |
|
1250
CALL
Denison Mines
DNN
$2.61B
| $219K | ﹤0.01% |
+120,200
| New | +$182K |
|
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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 $1.22B 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 Miscellaneous at 89% of assets, up from 79% a quarter earlier, followed by Healthcare and Consumer Discretionary.
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.