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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 | |
|---|---|---|---|---|---|---|
1326
PUT
Wolfspeed
WOLF
$1.25B
| $82K | ﹤0.01% |
205,500
-635,700
| -76% | -$1.45M |
|
1327
TMC The Metals Company
TMC
$1.6B
| $79.2K | ﹤0.01% |
+12,000
| New | +$46K |
|
1328
Murphy Oil
MUR
$5.48B
| $78.8K | ﹤0.01% |
+3,500
| New | +$78K |
|
|
TGB
1329
PUT
Trekor Metals
TGB
$2.91B
| $78.8K | ﹤0.01% |
+25,000
| New | +$58.5K |
|
1330
PUT
Viking Therapeutics
VKTX
$3.44B
| $74.2K | ﹤0.01% |
2,800
-37,200
| -93% | -$979K |
|
1331
PUT
Array Technologies
ARRY
$647M
| $73.8K | ﹤0.01% |
12,500
-20,000
| -62% | -$121K |
|
|
1332
CALL
Wolfspeed
WOLF
$1.25B
| $71.8K | ﹤0.01% |
+180,000
| New | +$410K |
|
1333
Nektar Therapeutics
NKTR
$2.3B
| $71.7K | ﹤0.01% |
+2,776
| New | +$31.2K |
|
1334
Amerant Bancorp
AMTB
$1.15B
| $70.2K | ﹤0.01% |
+3,852
| New | +$68.4K |
|
|
SRTA
1335
Strata Critical Medical Inc
SRTA
$462M
| $68.5K | ﹤0.01% |
+17,000
| New | +$55.3K |
|
1336
PetMed Express
PETS
$34.7M
| $65.1K | ﹤0.01% |
19,616
-38,138
| -66% | -$136K |
|
1337
Hafnia
HAFN
$4.85B
| $64.9K | ﹤0.01% |
+13,000
| New | +$63.2K |
|
1338
Vir Biotechnology
VIR
$1.78B
| $63.5K | ﹤0.01% |
12,600
| – | – |
|
|
HUT
1339
PUT
Hut 8
HUT
$11.1B
| $61.4K | ﹤0.01% |
3,300
| – | – |
|
|
CMA
1340
DELISTED
Comerica
CMA
| $59.6K | ﹤0.01% |
1,000
-3,600
| -78% | -$201K |
|
1341
CALL
Kura Oncology
KURA
$996M
| $57.7K | ﹤0.01% |
+10,000
| New | +$61.3K |
|
|
TGE.WS
1342
The Generation Essentials Group Warrants
TGE.WS
| $56.1K | ﹤0.01% |
+140,127
| New | +$74.7K |
|
|
FOLD
1343
DELISTED
Amicus Therapeutics
FOLD
| $55.6K | ﹤0.01% |
9,700
-159,951
| -94% | -$1.03M |
|
|
BORR
1344
CALL
Borr Drilling
BORR
$1.31B
| $50.3K | ﹤0.01% |
27,500
| – | – |
|
1345
Aldeyra Therapeutics
ALDX
$82.6M
| $48.5K | ﹤0.01% |
12,664
-168,442
| -93% | -$435K |
|
|
EXE
1346
Expand Energy Corp
EXE
$20.5B
| $48.4K | ﹤0.01% |
+414
| New | +$46.2K |
|
1347
Spok Holdings
SPOK
$223M
| $44.8K | ﹤0.01% |
+2,532
| New | +$40.8K |
|
1348
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.13B
| $44.6K | ﹤0.01% |
+600
| New | +$41.7K |
|
1349
PUT
Dana Inc
DAN
$3.22B
| $42.9K | ﹤0.01% |
2,500
-101,500
| -98% | -$1.52M |
|
1350
Finance of America Companies
FOA
$134M
| $40.7K | ﹤0.01% |
+1,746
| New | +$36.7K |
|
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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.