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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
+13.77%
1 Year Est. Return
+70.99%
3 Year Est. Return
+176.06%
5 Year Est. Return
+263.89%
10 Year Est. Return
–
AUM
$6.41B
AUM Growth
-$838M
(-12%)
Cap. Flow
-$1.23B
Cap. Flow
% of AUM
-19.2%
Top 10 Holdings %
Top 10 Hldgs %
13.63%
Holding
1,903
New
444
Increased
263
Reduced
318
Closed
672
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PMT
PennyMac Mortgage Investment
PMT
|
+$19.7M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$17M |
| 3 |
State Street SPDR S&P Biotech ETF
XBI
|
+$13.6M |
| 4 |
EVA
Enviva Inc.
EVA
|
+$8.45M |
| 5 |
APA Corp
APA
|
+$7.51M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Petrobras
PBR
|
+$43.9M |
| 2 |
CVR Partners
UAN
|
+$26M |
| 3 |
Zoom
ZM
|
+$12.1M |
| 4 |
EQT Corp
EQT
|
+$12M |
| 5 |
PING
Ping Identity Holding Corp.
PING
|
+$6.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 2.55% |
| 2 | Energy | 1.26% |
| 3 | Technology | 1.15% |
| 4 | Consumer Discretionary | 0.9% |
| 5 | Materials | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
STKL
176
CALL
DELISTED
SunOpta
STKL
| $9.18M | 0.14% |
1,087,700
| – | – |
|
177
PUT
First Citizens BancShares
FCNCA
$24.8B
| $9.1M | 0.14% |
+12,000
| New | +$9.67M |
|
178
CALL
Altimmune
ALT
$546M
| $9M | 0.14% |
547,300
-75,900
| -12% | -$853K |
|
|
RXDX
179
DELISTED
Prometheus Biosciences, Inc. Common Stock
RXDX
| $8.93M | 0.14% |
+81,209
| New | +$5.27M |
|
180
CALL
Illumina
ILMN
$30.5B
| $8.84M | 0.14% |
44,924
-11,616
| -21% | -$2.41M |
|
181
CALL
Pfizer
PFE
$143B
| $8.83M | 0.14% |
172,400
| – | – |
|
182
CALL
Celldex Therapeutics
CLDX
$2.94B
| $8.78M | 0.14% |
196,900
| – | – |
|
183
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.4B
| $8.75M | 0.14% |
200,000
-200,000
| -50% | -$8.71M |
|
184
PUT
MGM Resorts International
MGM
$11.4B
| $8.73M | 0.14% |
260,500
-75,000
| -22% | -$2.6M |
|
185
CALL
Shopify
SHOP
$154B
| $8.68M | 0.14% |
250,000
| – | – |
|
186
CALL
Bloomin' Brands
BLMN
$739M
| $8.68M | 0.14% |
431,200
+300,000
| +229% | +$6.5M |
|
187
PUT
Equity Lifestyle Properties
ELS
$12.6B
| $8.64M | 0.13% |
133,800
+3,000
| +2% | +$190K |
|
188
CALL
PROG Holdings
PRG
$1.72B
| $8.53M | 0.13% |
505,000
+245,000
| +94% | +$4.19M |
|
189
PUT
Etsy
ETSY
$7.86B
| $8.47M | 0.13% |
70,700
-21,300
| -23% | -$2.44M |
|
190
Alcoa
AA
$12B
| $8.45M | 0.13% |
185,787
+119,687
| +181% | +$5.21M |
|
|
ONC
191
PUT
BeOne Medicines Ltd
ONC
$32.7B
| $8.45M | 0.13% |
+38,400
| New | +$7.04M |
|
192
CALL
DraftKings
DKNG
$11.6B
| $8.37M | 0.13% |
735,000
-305,000
| -29% | -$4.25M |
|
193
CALL
Bausch Health
BHC
$2.51B
| $8.35M | 0.13% |
1,329,000
-1,556,800
| -54% | -$10.9M |
|
|
EVA
194
DELISTED
Enviva Inc.
EVA
| $8.34M | 0.13% |
157,514
+147,797
| +1,521% | +$8.45M |
|
195
CALL
Build-A-Bear
BBW
$424M
| $8.24M | 0.13% |
+345,800
| New | +$6.66M |
|
196
CALL
Gaming and Leisure Properties
GLPI
$12.5B
| $8.2M | 0.13% |
+157,500
| New | +$7.86M |
|
197
PUT
Centene
CNC
$30.6B
| $8.2M | 0.13% |
100,000
| – | – |
|
198
CALL
NextEra Energy
NEE
$182B
| $8.15M | 0.13% |
97,500
-98,200
| -50% | -$7.93M |
|
|
EXAS
199
DELISTED
Exact Sciences
EXAS
| $8.15M | 0.13% |
164,595
+14,395
| +10% | +$588K |
|
200
CALL
American Express
AXP
$228B
| $8.13M | 0.13% |
55,000
| – | – |
|
Similar funds
ASRS
PP
VMPIC
BCIM
BBA
FCM
AIMCA
Caption Management's Q4 2022 Portfolio in Review
As of Q4 2022, Caption Management held 1,903 positions worth $6.41B, down 12% from $7.25B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Caption Management withdrew a net $1.23B in Q4 2022, closing 672 positions and reducing 318 holdings. Its most notable exit was Petrobras, an estimated $43.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 2.5% of assets, up from 1.5% a quarter earlier, followed by Energy and Technology.
Against the trend, Caption Management opened a new position in PennyMac Mortgage Investment worth $17.9M.
- Caption Management's largest Q4 2022 buy was PennyMac Mortgage Investment: 1,448,050 shares worth $17.9M.
- Caption Management added most to State Street SPDR S&P Biotech ETF in Q4 2022, an estimated $13.6M increase.
- Caption Management's biggest Q4 2022 reduction was EQT Corp, cutting an estimated $12M.
- Caption Management fully exited Petrobras in Q4 2022, selling an estimated $43.9M.
- Caption Management's ten largest holdings make up 14% of its $6.41B portfolio in Q4 2022.
- Caption Management opened 444 new positions and closed 672 in Q4 2022.
- Caption Management's portfolio value fell 12% quarter-over-quarter to $6.41B.
Based on Caption Management's 13F filing for Q4 2022, filed 14 Feb 2023.