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
-11.25%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$10.4B
AUM Growth
-$181M
Cap. Flow
+$762M
Cap. Flow %
7.33%
Top 10 Hldgs %
24.19%
Holding
2,175
New
757
Increased
285
Reduced
305
Closed
736

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$428M
2
AMZN icon
Amazon
AMZN
+$239M
3
CSCO icon
Cisco
CSCO
+$61.6M
4
DELL icon
Dell
DELL
+$26.4M
5
DIS icon
Walt Disney
DIS
+$23.6M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$235M
2
NVDA icon
NVIDIA
NVDA
+$217M
3
C icon
Citigroup
C
+$113M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$70.5M
5
AAPL icon
Apple
AAPL
+$50.1M

Sector Composition

Rank Sector Weight
1 Technology 8.72%
2 Consumer Discretionary 4.74%
3 Communication Services 2.52%
4 Healthcare 1.51%
5 Financials 0.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ARDX icon
1501
Ardelyx
ARDX
$1.22B
– –
-34,600
Closed -$175K
ARKO icon
1502
ARKO Corp
ARKO
$896M
– –
-14,700
Closed -$96.9K
ARQT icon
1503
CALL
Arcutis Biotherapeutics
ARQT
$3.36B
– –
-80,000
Closed -$1.11M
ASPN icon
1504
Aspen Aerogels
ASPN
$384M
– –
-262,610
Closed -$2.53M
ASPN icon
1505
PUT
Aspen Aerogels
ASPN
$384M
– –
-544,900
Closed -$6.47M
ASRT
1506
DELISTED
Assertio
ASRT
– –
-173
Closed -$2.27K
ATEX icon
1507
Anterix
ATEX
$1.81B
– –
-3,964
Closed -$122K
ATEX icon
1508
PUT
Anterix
ATEX
$1.81B
– –
-30,000
Closed -$920K
AVDL
1509
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
– –
-160,000
Closed -$1.68M
AVGO icon
1510
CALL
Broadcom
AVGO
$1.85T
– –
-25,000
Closed -$5.8M
AVTR icon
1511
CALL
Avantor
AVTR
$9.32B
– –
-25,000
Closed -$527K
AXSM icon
1512
Axsome Therapeutics
AXSM
$11.2B
– –
-115,686
Closed -$13.2M
BA icon
1513
CALL
Boeing
BA
$171B
– –
-22,200
Closed -$3.93M
BABA icon
1514
Alibaba
BABA
$293B
– –
-9,750
Closed -$1.12M
BATRK icon
1515
Atlanta Braves Holdings Series B
BATRK
$3.26B
– –
-5,000
Closed -$191K
BAX icon
1516
CALL
Baxter International
BAX
$13.5B
– –
-49,000
Closed -$1.43M
BAX icon
1517
Baxter International
BAX
$13.5B
– –
-13,700
Closed -$399K
BB icon
1518
BlackBerry
BB
$4.98B
– –
-8,870
Closed -$33.5K
BBIO icon
1519
BridgeBio Pharma
BBIO
$15.7B
– –
-21,900
Closed -$738K
BBY icon
1520
CALL
Best Buy
BBY
$18.2B
– –
-100,000
Closed -$8.58M
BBY icon
1521
Best Buy
BBY
$18.2B
– –
-9,000
Closed -$772K
BBY icon
1522
PUT
Best Buy
BBY
$18.2B
– –
-150,000
Closed -$12.9M
BCRX icon
1523
CALL
BioCryst Pharmaceuticals
BCRX
$2.28B
– –
-296,500
Closed -$2.23M
BCRX icon
1524
BioCryst Pharmaceuticals
BCRX
$2.28B
– –
-62,789
Closed -$472K
BCRX icon
1525
PUT
BioCryst Pharmaceuticals
BCRX
$2.28B
– –
-296,500
Closed -$2.23M
59 60
61
62 63

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 Q1 2025 Portfolio in Review

As of Q1 2025, Caption Management held 2,175 positions worth $10.4B, down 1.7% from $10.6B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Caption Management deployed $762M of net new capital in Q1 2025, opening 757 new positions and adding to 285 existing holdings. Its largest new stake was Microsoft: 1,050,000 shares worth $394M.

By sector, the portfolio is most concentrated in Technology at 8.7% of assets, up from 7.4% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was Tesla, an estimated $235M trimmed.

  • Caption Management's largest Q1 2025 buy was Microsoft: 1,050,000 shares worth $394M.
  • Caption Management added most to Amazon in Q1 2025, an estimated $239M increase.
  • Caption Management's biggest Q1 2025 reduction was Tesla, cutting an estimated $235M.
  • Caption Management fully exited Citigroup in Q1 2025, selling an estimated $113M.
  • Caption Management's ten largest holdings make up 24% of its $10.4B portfolio in Q1 2025.
  • Caption Management opened 757 new positions and closed 736 in Q1 2025.
  • Caption Management's portfolio value fell 1.7% quarter-over-quarter to $10.4B.

Based on Caption Management's 13F filing for Q1 2025, filed 15 May 2025.