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
+8.37%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$14.6B
AUM Growth
+$1.76B
Cap. Flow
+$1.61B
Cap. Flow %
11.04%
Top 10 Hldgs %
12.14%
Holding
2,182
New
575
Increased
392
Reduced
342
Closed
670

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$126M
2
NVDA icon
NVIDIA
NVDA
+$123M
3
NFLX icon
Netflix
NFLX
+$81.9M
4
MSFT icon
Microsoft
MSFT
+$52.2M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$51M

Top Sells

Rank Stock Value
1
ECHO
EchoStar
ECHO
+$34.1M
2
XLB icon
State Street Materials Select Sector SPDR ETF
XLB
+$24M
3
HPE icon
Hewlett Packard
HPE
+$22.9M
4
TSLA icon
Tesla
TSLA
+$22.2M
5
RVMD icon
Revolution Medicines
RVMD
+$20.6M

Sector Composition

Rank Sector Weight
1 Technology 4.6%
2 Consumer Discretionary 2.55%
3 Healthcare 2.5%
4 Communication Services 1.71%
5 Financials 1.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EGY icon
1701
PUT
Vaalco Energy
EGY
$594M
– –
-353,000
Closed -$1.42M
EIX icon
1702
CALL
Edison International
EIX
$30.7B
– –
-132,600
Closed -$7.33M
EIX icon
1703
PUT
Edison International
EIX
$30.7B
– –
-18,700
Closed -$1.03M
ELTX icon
1704
CALL
Elicio Therapeutics
ELTX
$78.8M
– –
-105,000
Closed -$1.15M
EME icon
1705
PUT
Emcor
EME
$33.1B
– –
-10,000
Closed -$6.5M
ENR icon
1706
CALL
Energizer
ENR
$1.44B
– –
-15,000
Closed -$373K
ENR icon
1707
Energizer
ENR
$1.44B
– –
-66,145
Closed -$1.65M
ENTG icon
1708
CALL
Entegris
ENTG
$19.7B
– –
-109,900
Closed -$10.2M
ENVA icon
1709
Enova International
ENVA
$5.91B
– –
-6,574
Closed -$757K
ENVX icon
1710
CALL
Enovix
ENVX
$862M
– –
-190,000
Closed -$1.89M
ENVX icon
1711
PUT
Enovix
ENVX
$862M
– –
-260,000
Closed -$2.59M
EOLS icon
1712
Evolus
EOLS
$394M
– –
-247,601
Closed -$1.52M
EOLS icon
1713
PUT
Evolus
EOLS
$394M
– –
-502,100
Closed -$3.08M
ERO icon
1714
Ero Copper
ERO
$2.71B
– –
-29,964
Closed -$698K
ETN icon
1715
CALL
Eaton
ETN
$157B
– –
-14,300
Closed -$5.35M
ETNB
1716
DELISTED
89bio
ETNB
– –
-196,300
Closed -$2.89M
ETNB
1717
PUT
DELISTED
89bio
ETNB
– –
-94,400
Closed -$1.39M
EVC icon
1718
Entravision Communication
EVC
$983M
– –
-60,872
Closed -$142K
EVEX.WS icon
1719
Eve Holding Inc Warrants
EVEX.WS
$45.1M
– –
-3,911
Closed -$1.84K
EVH icon
1720
CALL
Evolent Health
EVH
$475M
– –
-112,400
Closed -$951K
EVH icon
1721
Evolent Health
EVH
$475M
– –
-20,000
Closed -$169K
EVH icon
1722
PUT
Evolent Health
EVH
$475M
– –
-32,000
Closed -$271K
EWZ icon
1723
CALL
iShares MSCI Brazil ETF
EWZ
$9.05B
– –
-87,500
Closed -$2.71M
EWZ icon
1724
iShares MSCI Brazil ETF
EWZ
$9.05B
– –
-20,000
Closed -$620K
EXEL icon
1725
Exelixis
EXEL
$13.9B
– –
-78,883
Closed -$3.26M
67 68
69
70 71

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 Q4 2025 Portfolio in Review

As of Q4 2025, Caption Management held 2,182 positions worth $14.6B, up 14% from $12.8B the previous quarter. Its ten largest holdings account for 12% of the portfolio.

Caption Management deployed $1.61B of net new capital in Q4 2025, opening 575 new positions and adding to 392 existing holdings. Its largest new stake was Apple: 470,000 shares worth $128M.

By sector, the portfolio is most concentrated in Technology at 4.6% of assets, up from 2.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.

On the sell side, the largest reduction was Tesla, an estimated $22.2M trimmed.

  • Caption Management's largest Q4 2025 buy was Apple: 470,000 shares worth $128M.
  • Caption Management added most to NVIDIA in Q4 2025, an estimated $123M increase.
  • Caption Management's biggest Q4 2025 reduction was Tesla, cutting an estimated $22.2M.
  • Caption Management fully exited EchoStar in Q4 2025, selling an estimated $34.1M.
  • Caption Management's ten largest holdings make up 12% of its $14.6B portfolio in Q4 2025.
  • Caption Management opened 575 new positions and closed 670 in Q4 2025.
  • Caption Management's portfolio value rose 14% quarter-over-quarter to $14.6B.

Based on Caption Management's 13F filing for Q4 2025, filed 17 Feb 2026.