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
GTLB icon
1776
CALL
GitLab
GTLB
$5.28B
– –
-113,500
Closed -$5.12M
GTN icon
1777
Gray Television
GTN
$407M
– –
-31,010
Closed -$179K
GTX icon
1778
Garrett Motion
GTX
$5.9B
– –
-24,000
Closed -$327K
H icon
1779
Hyatt Hotels
H
$17.6B
– –
-7,500
Closed -$1.06M
H icon
1780
PUT
Hyatt Hotels
H
$17.6B
– –
-45,000
Closed -$6.39M
HAE icon
1781
CALL
Haemonetics
HAE
$3.58B
– –
-200,000
Closed -$9.75M
HAYW icon
1782
Hayward Holdings
HAYW
$3.13B
– –
-50,000
Closed -$756K
HBI
1783
DELISTED
Hanesbrands
HBI
– –
-292,576
Closed -$1.93M
HBM icon
1784
Hudbay
HBM
$9.92B
– –
-62,000
Closed -$940K
HESM icon
1785
CALL
Hess Midstream
HESM
$5.22B
– –
-46,600
Closed -$1.61M
HIVE
1786
CALL
HIVE Digital Technologies
HIVE
$792M
– –
-50,000
Closed -$202K
HIVE
1787
PUT
HIVE Digital Technologies
HIVE
$792M
– –
-50,000
Closed -$202K
HNRG icon
1788
CALL
Hallador Energy
HNRG
$718M
– –
-82,500
Closed -$1.61M
HNRG icon
1789
PUT
Hallador Energy
HNRG
$718M
– –
-225,100
Closed -$4.41M
HOLX
1790
CALL
DELISTED
Hologic
HOLX
– –
-150,000
Closed -$10.1M
HON icon
1791
Honeywell
HON
$77.1B
– –
-25,146
Closed -$4.92M
HOUS
1792
CALL
DELISTED
Anywhere Real Estate
HOUS
– –
-20,000
Closed -$212K
HOUS
1793
DELISTED
Anywhere Real Estate
HOUS
– –
-333,798
Closed -$3.53M
HPE icon
1794
Hewlett Packard
HPE
$63.2B
– –
-970,000
Closed -$22.9M
HRI icon
1795
Herc Holdings
HRI
$5.43B
– –
-7,849
Closed -$916K
HRI icon
1796
PUT
Herc Holdings
HRI
$5.43B
– –
-25,000
Closed -$2.92M
HRMY icon
1797
CALL
Harmony Biosciences
HRMY
$2.04B
– –
-285,000
Closed -$7.85M
HRMY icon
1798
PUT
Harmony Biosciences
HRMY
$2.04B
– –
-26,500
Closed -$730K
HRTX icon
1799
Heron Therapeutics
HRTX
$86.3M
– –
-734,297
Closed -$907K
HRTX icon
1800
PUT
Heron Therapeutics
HRTX
$86.3M
– –
-2,000,000
Closed -$2.52M
70 71
72
73 74

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.