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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 | |
|---|---|---|---|---|---|---|
1526
Snowflake
SNOW
$94.3B
| $110K | ﹤0.01% |
486
-20,814
| -98% | -$4.47M |
|
|
GLDD
1527
DELISTED
Great Lakes Dredge & Dock
GLDD
| $107K | ﹤0.01% |
+8,931
| New | +$104K |
|
1528
Denali Therapeutics
DNLI
$3.75B
| $107K | ﹤0.01% |
+7,366
| New | +$106K |
|
|
LAZR
1529
CALL
DELISTED
Luminar Technologies
LAZR
| $105K | ﹤0.01% |
+55,000
| New | +$135K |
|
|
MAZE
1530
Maze Therapeutics
MAZE
$1.56B
| $104K | ﹤0.01% |
+4,000
| New | +$67.5K |
|
1531
Mama's Creations
MAMA
$826M
| $103K | ﹤0.01% |
+9,765
| New | +$88.5K |
|
1532
Bausch Health
BHC
$1.67B
| $101K | ﹤0.01% |
+15,675
| New | +$107K |
|
1533
W&T Offshore
WTI
$475M
| $101K | ﹤0.01% |
+55,393
| New | +$98.4K |
|
|
RWT
1534
Redwood Trust
RWT
$585M
| $100K | ﹤0.01% |
+17,325
| New | +$104K |
|
1535
Applied Optoelectronics
AAOI
$6.96B
| $95.9K | ﹤0.01% |
3,700
-3,900
| -51% | -$99.7K |
|
|
TMCWW
1536
TMC The Metals Company Warrants
TMCWW
$705K
| $95.8K | ﹤0.01% |
+91,261
| New | +$110K |
|
1537
Manchester United
MANU
$4.01B
| $93.5K | ﹤0.01% |
+6,174
| New | +$105K |
|
1538
Patterson-UTI
PTEN
$3.48B
| $90.7K | ﹤0.01% |
17,500
| – | – |
|
|
B
1539
Barrick Mining
B
$61.4B
| $88.8K | ﹤0.01% |
+2,709
| New | +$68.7K |
|
|
SHCO
1540
PUT
DELISTED
Soho House & Co
SHCO
| $88.5K | ﹤0.01% |
10,000
-433,600
| -98% | -$3.42M |
|
1541
Wave Life Sciences
WVE
$1.13B
| $87.8K | ﹤0.01% |
+12,000
| New | +$97.1K |
|
|
FOLD
1542
DELISTED
Amicus Therapeutics
FOLD
| $87.5K | ﹤0.01% |
11,100
+1,400
| +14% | +$9.96K |
|
1543
Aehr Test Systems
AEHR
$2.22B
| $87.3K | ﹤0.01% |
+2,900
| New | +$62.8K |
|
1544
Cannae Holdings
CNNE
$670M
| $82.4K | ﹤0.01% |
4,500
| – | – |
|
|
EU
1545
enCore Energy
EU
$225M
| $80.3K | ﹤0.01% |
+25,000
| New | +$67.3K |
|
1546
CALL
Nordic American Tanker
NAT
$1.36B
| $78.5K | ﹤0.01% |
+25,000
| New | +$73.8K |
|
|
1547
PUT
Nordic American Tanker
NAT
$1.36B
| $78.5K | ﹤0.01% |
+25,000
| New | +$73.8K |
|
1548
PUT
Teladoc Health
TDOC
$1.66B
| $77.3K | ﹤0.01% |
+10,000
| New | +$78K |
|
1549
Sky Harbour Group Warrants
SKYH.WS
$17.4M
| $75.5K | ﹤0.01% |
+50,000
| New | +$88.7K |
|
1550
Oneok
OKE
$55.8B
| $73.2K | ﹤0.01% |
+1,003
| New | +$76.8K |
|
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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.