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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
+35.35%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$12.8B
AUM Growth
+$3.79B
(+42%)
Cap. Flow
+$2.28B
Cap. Flow
% of AUM
17.8%
Top 10 Holdings %
Top 10 Hldgs %
15.6%
Holding
2,120
New
741
Increased
362
Reduced
312
Closed
513
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$130M |
| 2 |
NVIDIA
NVDA
|
+$87.2M |
| 3 |
Sable Offshore Corp
SOC
|
+$34.9M |
| 4 |
Core Scientific Inc Tranche 1 Warrants
CORZW
|
+$23.1M |
| 5 |
Viasat
VSAT
|
+$21.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Insmed
INSM
|
+$25.8M |
| 2 |
SKX
Skechers
SKX
|
+$20.1M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$17.6M |
| 4 |
CDTX
Cidara Therapeutics
CDTX
|
+$15.2M |
| 5 |
K
Kellanova
K
|
+$15M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 3.1% |
| 2 | Technology | 2.68% |
| 3 | Healthcare | 2.33% |
| 4 | Communication Services | 1.06% |
| 5 | Financials | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GENVR
1376
Gen Digital Inc Contingent Value Rights
GENVR
| $355K | ﹤0.01% |
48,088
| – | – |
|
1377
Vaalco Energy
EGY
$540M
| $353K | ﹤0.01% |
+87,751
| New | +$339K |
|
|
MBX
1378
MBX Biosciences
MBX
$2.86B
| $350K | ﹤0.01% |
+20,000
| New | +$267K |
|
1379
CALL
QuantumScape Corp
QS
$3.18B
| $350K | ﹤0.01% |
+28,400
| New | +$277K |
|
1380
Titan Machinery
TITN
$458M
| $348K | ﹤0.01% |
20,800
| – | – |
|
1381
CALL
Domo
DOMO
$170M
| $345K | ﹤0.01% |
+21,800
| New | +$338K |
|
|
UPB
1382
Upstream Bio Inc
UPB
$348M
| $342K | ﹤0.01% |
+18,196
| New | +$283K |
|
1383
CALL
Fastly Inc
FSLY
$3.26B
| $342K | ﹤0.01% |
+40,000
| New | +$296K |
|
1384
CALL
Recursion Pharmaceuticals
RXRX
$1.62B
| $342K | ﹤0.01% |
70,000
+30,000
| +75% | +$158K |
|
|
PEW.WS
1385
GrabAGun Digital Holdings Warrants
PEW.WS
| $340K | ﹤0.01% |
+272,233
| New | +$483K |
|
|
ODV
1386
CALL
DELISTED
Osisko Development Corp
ODV
| $339K | ﹤0.01% |
100,000
| – | – |
|
1387
PUT
Patterson-UTI
PTEN
$3.48B
| $337K | ﹤0.01% |
65,100
| – | – |
|
1388
Praxis Precision Medicines
PRAX
$8.25B
| $337K | ﹤0.01% |
6,357
-32,679
| -84% | -$1.58M |
|
1389
Kanzhun
BZ
$7.07B
| $336K | ﹤0.01% |
+14,375
| New | +$308K |
|
1390
Varonis Systems
VRNS
$5.13B
| $330K | ﹤0.01% |
5,750
-5,350
| -48% | -$297K |
|
1391
Shake Shack
SHAK
$2.55B
| $330K | ﹤0.01% |
+3,529
| New | +$405K |
|
1392
Garrett Motion
GTX
$5.6B
| $327K | ﹤0.01% |
+24,000
| New | +$304K |
|
1393
Dave Inc Warrants
DAVEW
$34.2M
| $327K | ﹤0.01% |
+301,226
| New | +$418K |
|
|
CIM
1394
PUT
Chimera Investment
CIM
$1.06B
| $321K | ﹤0.01% |
24,300
-270,000
| -92% | -$3.76M |
|
|
PR
1395
PUT
Permian Resources
PR
$16.5B
| $320K | ﹤0.01% |
25,000
| – | – |
|
1396
MannKind Corp
MNKD
$1.21B
| $318K | ﹤0.01% |
+59,284
| New | +$260K |
|
|
UNIT
1397
PUT
Uniti Group
UNIT
$2.53B
| $318K | ﹤0.01% |
+52,000
| New | +$311K |
|
1398
Scorpio Tankers
STNG
$3.94B
| $317K | ﹤0.01% |
+5,655
| New | +$279K |
|
1399
CALL
NewAmsterdam Pharma
NAMS
$3.27B
| $316K | ﹤0.01% |
+11,100
| New | +$266K |
|
1400
Comcast
CMCSA
$85.8B
| $314K | ﹤0.01% |
+10,000
| New | +$335K |
|
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Caption Management's Q3 2025 Portfolio in Review
As of Q3 2025, Caption Management held 2,120 positions worth $12.8B, up 42% from $9.03B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Caption Management deployed $2.28B of net new capital in Q3 2025, opening 741 new positions and adding to 362 existing holdings. Its largest new stake was Amazon: 575,000 shares worth $126M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 3.1% of assets, up from 2.5% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Insmed, an estimated $25.8M trimmed.
- Caption Management's largest Q3 2025 buy was Amazon: 575,000 shares worth $126M.
- Caption Management added most to Sable Offshore Corp in Q3 2025, an estimated $34.9M increase.
- Caption Management's biggest Q3 2025 reduction was Insmed, cutting an estimated $25.8M.
- Caption Management fully exited Skechers in Q3 2025, selling an estimated $20.1M.
- Caption Management's ten largest holdings make up 16% of its $12.8B portfolio in Q3 2025.
- Caption Management opened 741 new positions and closed 513 in Q3 2025.
- Caption Management's portfolio value rose 42% quarter-over-quarter to $12.8B.
Based on Caption Management's 13F filing for Q3 2025, filed 14 Nov 2025.