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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
+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
KYIVW
1251
Kyivstar Group Warrant
KYIVW
$481K ﹤0.01%
135,880
– –
ABUS icon
1252
CALL
Arbutus Biopharma
ABUS
$871M
$481K ﹤0.01%
+100,000
New +$450K
ABUS icon
1253
PUT
Arbutus Biopharma
ABUS
$871M
$481K ﹤0.01%
+100,000
New +$450K
SWKS icon
1254
Skyworks Solutions
SWKS
$9.54B
$476K ﹤0.01%
+7,500
New +$524K
TSN icon
1255
Tyson Foods
TSN
$21.4B
$469K ﹤0.01%
8,000
-7,000
-47% -$384K
BEKE icon
1256
KE Holdings
BEKE
$17.4B
$457K ﹤0.01%
29,000
– –
CRBP icon
1257
Corbus Pharmaceuticals
CRBP
$168M
$456K ﹤0.01%
+56,066
New +$692K
PTLO icon
1258
Portillo's
PTLO
$338M
$454K ﹤0.01%
100,000
– –
DCH
1259
Dauch Corp
DCH
$1.32B
$449K ﹤0.01%
70,000
+43,772
+167% +$272K
NTR icon
1260
Nutrien
NTR
$32.4B
$444K ﹤0.01%
+7,200
New +$424K
CVE icon
1261
Cenovus Energy
CVE
$52.3B
$442K ﹤0.01%
+26,100
New +$453K
HRTX icon
1262
CALL
Heron Therapeutics
HRTX
$86.9M
$441K ﹤0.01%
+339,100
New +$419K
REI icon
1263
PUT
Ring Energy
REI
$297M
$435K ﹤0.01%
500,000
– –
PBF icon
1264
PBF Energy
PBF
$7.43B
$434K ﹤0.01%
+16,000
New +$512K
RGNX icon
1265
CALL
Regenxbio
RGNX
$622M
$432K ﹤0.01%
30,000
– –
RGNX icon
1266
PUT
Regenxbio
RGNX
$622M
$432K ﹤0.01%
30,000
– –
VTS icon
1267
Vitesse Energy
VTS
$636M
$424K ﹤0.01%
22,000
– –
FLY
1268
CALL
Firefly Aerospace
FLY
$3.26B
$421K ﹤0.01%
+18,800
New +$435K
ENGNW icon
1269
enGene Therapeutics Warrants
ENGNW
$3.75M
$420K ﹤0.01%
141,904
+134,760
+1,886% +$308K
LRN icon
1270
Stride
LRN
$3.83B
$416K ﹤0.01%
+6,400
New +$581K
RPT
1271
CALL
Rithm Property Trust
RPT
$92.3M
$415K ﹤0.01%
25,000
-33,333
-57% -$512K
IMVT icon
1272
Immunovant
IMVT
$8.23B
$407K ﹤0.01%
16,000
-74,000
-82% -$1.65M
NTLA icon
1273
CALL
Intellia Therapeutics
NTLA
$1.49B
$405K ﹤0.01%
45,000
-154,800
-77% -$2.13M
NTLA icon
1274
PUT
Intellia Therapeutics
NTLA
$1.49B
$405K ﹤0.01%
45,000
-75,000
-63% -$1.03M
PFSI icon
1275
PennyMac Financial
PFSI
$4.39B
$403K ﹤0.01%
3,060
– –
49 50
51
52 53

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.