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
+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 | |
|---|---|---|---|---|---|---|
1451
CALL
Talphera
TLPH
$67.5M
| $223K | ﹤0.01% |
+250,000
| New | +$145K |
|
1452
CALL
PDS Biotechnology
PDSB
$38.6M
| $221K | ﹤0.01% |
+219,000
| New | +$257K |
|
1453
Frontier Group Holdings
ULCC
$1.43B
| $221K | ﹤0.01% |
+50,000
| New | +$227K |
|
1454
CALL
Trevi Therapeutics
TRVI
$2.62B
| $220K | ﹤0.01% |
24,000
-343,600
| -93% | -$2.58M |
|
1455
Ginkgo Bioworks
DNA
$503M
| $219K | ﹤0.01% |
+15,000
| New | +$179K |
|
1456
Wrap Technologies
WRAP
$96.4M
| $218K | ﹤0.01% |
100,290
-765
| -0.8% | -$1.23K |
|
|
ORKA
1457
PUT
Oruka Therapeutics
ORKA
$5.46B
| $217K | ﹤0.01% |
+11,300
| New | +$167K |
|
|
CNH
1458
CALL
CNH Industrial
CNH
$14.2B
| $217K | ﹤0.01% |
+20,000
| New | +$244K |
|
1459
CALL
Banco de Chile
BCH
$20.4B
| $215K | ﹤0.01% |
+7,100
| New | +$206K |
|
1460
Cars.com
CARS
$705M
| $213K | ﹤0.01% |
+17,400
| New | +$223K |
|
1461
American Outdoor Brands
AOUT
$159M
| $212K | ﹤0.01% |
24,433
-26,847
| -52% | -$254K |
|
1462
CALL
Target Hospitality
TH
$1.47B
| $212K | ﹤0.01% |
25,000
| – | – |
|
|
HOUS
1463
CALL
DELISTED
Anywhere Real Estate
HOUS
| $212K | ﹤0.01% |
+20,000
| New | +$118K |
|
1464
Wendy's
WEN
$1.46B
| $211K | ﹤0.01% |
22,988
+2,988
| +15% | +$30.7K |
|
1465
Aspen Aerogels
ASPN
$364M
| $209K | ﹤0.01% |
30,000
-13,700
| -31% | -$96.6K |
|
|
DHC
1466
Diversified Healthcare Trust
DHC
$2.23B
| $206K | ﹤0.01% |
46,781
+6,781
| +17% | +$25.8K |
|
1467
Eagle Bancorp
EGBN
$866M
| $202K | ﹤0.01% |
+10,000
| New | +$194K |
|
|
HIVE
1468
CALL
HIVE Digital Technologies
HIVE
$760M
| $202K | ﹤0.01% |
+50,000
| New | +$135K |
|
|
HIVE
1469
PUT
HIVE Digital Technologies
HIVE
$760M
| $202K | ﹤0.01% |
+50,000
| New | +$135K |
|
1470
Wolfspeed
WOLF
$1.14B
| $200K | ﹤0.01% |
+7,000
| New | +$16.4K |
|
1471
Star Bulk Carriers
SBLK
$3.12B
| $198K | ﹤0.01% |
10,638
-4,362
| -29% | -$82.2K |
|
1472
Knight Transportation
KNX
$11.4B
| $198K | ﹤0.01% |
+5,000
| New | +$217K |
|
|
BBBY
1473
Bed Bath & Beyond
BBBY
$503M
| $196K | ﹤0.01% |
+22,000
| New | +$182K |
|
1474
Viridian Therapeutics
VRDN
$2.15B
| $193K | ﹤0.01% |
+8,956
| New | +$162K |
|
1475
The GEO Group
GEO
$4.11B
| $193K | ﹤0.01% |
9,427
-84,416
| -90% | -$1.93M |
|
Similar funds
ASRS
PP
VMPIC
BCIM
BBA
FCM
AIMCA
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.