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
MTX icon
151
CALL
Minerals Technologies
MTX
$2.38B
$13.2M 0.15%
+240,000
New +$13.5M
MTX icon
152
PUT
Minerals Technologies
MTX
$2.38B
$13.2M 0.15%
+240,000
New +$13.5M
PCG icon
153
CALL
PG&E
PCG
$38.4B
$13.1M 0.15%
941,700
-415,700
-31% -$6.76M
MDT icon
154
PUT
Medtronic
MDT
$109B
$13.1M 0.14%
150,000
-80,000
-35% -$6.78M
CDTX
155
DELISTED
Cidara Therapeutics
CDTX
$13.1M 0.14%
+268,000
New +$6.44M
SRRK icon
156
CALL
Scholar Rock
SRRK
$5.69B
$13M 0.14%
367,700
+30,000
+9% +$942K
ASTS icon
157
PUT
AST SpaceMobile
ASTS
$17.6B
$12.9M 0.14%
277,100
+210,500
+316% +$6.09M
GE icon
158
PUT
GE Aerospace
GE
$374B
$12.9M 0.14%
+50,000
New +$11M
GXO icon
159
CALL
GXO Logistics
GXO
$5.8B
$12.8M 0.14%
263,200
+225,700
+602% +$8.99M
MRUS
160
PUT
DELISTED
Merus
MRUS
$12.6M 0.14%
240,000
+210,000
+700% +$9.87M
VNO icon
161
PUT
Vornado Realty Trust
VNO
$7.43B
$12.6M 0.14%
+330,000
New +$12.4M
TGT icon
162
CALL
Target
TGT
$65.5B
$12.3M 0.14%
125,000
-25,000
-17% -$2.4M
HRI icon
163
PUT
Herc Holdings
HRI
$5.04B
$12.3M 0.14%
+93,600
New +$11.4M
AKRO
164
PUT
DELISTED
Akero Therapeutics
AKRO
$12.3M 0.14%
229,700
+188,700
+460% +$8.57M
GMS
165
CALL
DELISTED
GMS Inc
GMS
$12.2M 0.14%
+112,600
New +$8.71M
NN icon
166
CALL
NextNav
NN
$1.8B
$12.2M 0.14%
803,700
+51,200
+7% +$657K
SBUX icon
167
Starbucks
SBUX
$120B
$12M 0.13%
+131,000
New +$11.4M
GSAT icon
168
CALL
Globalstar
GSAT
$10.7B
$11.8M 0.13%
500,000
– –
BPMC
169
PUT
DELISTED
Blueprint Medicines
BPMC
$11.7M 0.13%
+91,100
New +$9.46M
EQT icon
170
PUT
EQT Corp
EQT
$33.1B
$11.7M 0.13%
200,000
+170,000
+567% +$9.17M
WULF icon
171
CALL
TeraWulf
WULF
$8.91B
$11.7M 0.13%
2,662,900
-2,619,600
-50% -$8.95M
KMI icon
172
CALL
Kinder Morgan
KMI
$71.4B
$11.6M 0.13%
396,200
+266,200
+205% +$7.31M
JANX icon
173
PUT
Janux Therapeutics
JANX
$927M
$11.6M 0.13%
500,700
+464,700
+1,291% +$12.2M
AQN icon
174
CALL
Algonquin Power & Utilities
AQN
$4.53B
$11.5M 0.13%
2,000,000
-60,000
-3% -$329K
NEE icon
175
PUT
NextEra Energy
NEE
$183B
$11.5M 0.13%
165,000
-370,400
-69% -$25.7M
5 6
7
8 9

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.