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
+17.45%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$9.03B
AUM Growth
-$1.37B
Cap. Flow
-$2.48B
Cap. Flow %
-27.43%
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
REGN icon
Regeneron Pharmaceuticals
REGN
+$17.4M
3
INSM icon
Insmed
INSM
+$16.1M
4
GILD icon
Gilead Sciences
GILD
+$15.8M
5
K
Kellanova
K
+$15.3M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$394M
2
AMZN icon
Amazon
AMZN
+$314M
3
NVDA icon
NVIDIA
NVDA
+$255M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$121M
5
AMD icon
Advanced Micro Devices
AMD
+$61.6M

Sector Composition

Rank Sector Weight
1 Healthcare 3.09%
2 Consumer Discretionary 2.5%
3 Technology 1.62%
4 Financials 1.05%
5 Communication Services 0.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EXPE icon
1601
Expedia Group
EXPE
$35.4B
– –
-10,000
Closed -$1.68M
EXR icon
1602
Extra Space Storage
EXR
$31.3B
– –
-30,000
Closed -$4.45M
EXR icon
1603
PUT
Extra Space Storage
EXR
$31.3B
– –
-155,400
Closed -$23.1M
EYE icon
1604
PUT
National Vision
EYE
$1.77B
– –
-100,000
Closed -$1.28M
FATE icon
1605
Fate Therapeutics
FATE
$286M
– –
-57,000
Closed -$45K
FITB
1606
CALL
Fifth Third Bancorp
FITB
$51.2B
– –
-36,200
Closed -$1.42M
FIVE icon
1607
Five Below
FIVE
$12B
– –
-40,750
Closed -$3.05M
FIVE icon
1608
PUT
Five Below
FIVE
$12B
– –
-25,000
Closed -$1.87M
FIX icon
1609
CALL
Comfort Systems
FIX
$60.9B
– –
-10,000
Closed -$3.22M
FND icon
1610
CALL
Floor & Decor
FND
$6.22B
– –
-5,000
Closed -$402K
FOLD
1611
PUT
DELISTED
Amicus Therapeutics
FOLD
– –
-241,700
Closed -$1.97M
FOXA icon
1612
Fox Class A
FOXA
$24.5B
– –
-78,487
Closed -$4.44M
FPH icon
1613
CALL
Five Point Holdings
FPH
$376M
– –
-562,500
Closed -$3M
FRPT icon
1614
CALL
Freshpet
FRPT
$2.93B
– –
-23,400
Closed -$1.95M
FSLR icon
1615
First Solar
FSLR
$22.7B
– –
-41,305
Closed -$6.1M
FSK icon
1616
PUT
FS KKR Capital
FSK
$2.96B
– –
-25,000
Closed -$524K
FTAI icon
1617
CALL
FTAI Aviation
FTAI
$21.1B
– –
-33,000
Closed -$3.66M
FTRE icon
1618
CALL
Fortrea Holdings
FTRE
$1.82B
– –
-25,000
Closed -$189K
FUTU icon
1619
CALL
Futu Holdings
FUTU
$14.7B
– –
-25,000
Closed -$2.56M
FWRD icon
1620
PUT
Forward Air
FWRD
$444M
– –
-44,000
Closed -$884K
GDRX icon
1621
GoodRx Holdings
GDRX
$1.04B
– –
-47,134
Closed -$208K
GDS icon
1622
PUT
GDS Holdings
GDS
$6.56B
– –
-29,300
Closed -$742K
GDX icon
1623
VanEck Gold Miners ETF
GDX
$22.7B
– –
-502,844
Closed -$25M
GEHC icon
1624
CALL
GE HealthCare
GEHC
$30.7B
– –
-22,500
Closed -$1.82M
GENI icon
1625
CALL
Genius Sports
GENI
$1.85B
– –
-88,700
Closed -$888K
63 64
65
66 67

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 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 $2.48B 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 Healthcare at 3.1% of assets, up from 1.5% a quarter earlier, followed by Consumer Discretionary and Technology.

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.