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
BMY icon
201
PUT
Bristol-Myers Squibb
BMY
$134B
$10.2M 0.11%
220,000
+150,000
+214% +$7.36M
ORIC icon
202
CALL
Oric Pharmaceuticals
ORIC
$1.15B
$10.1M 0.11%
+996,200
New +$6.69M
SRRK icon
203
PUT
Scholar Rock
SRRK
$5.68B
$10.1M 0.11%
+284,800
New +$8.94M
MGY icon
204
CALL
Magnolia Oil & Gas
MGY
$6.12B
$10M 0.11%
444,900
+700
+0.2% +$15.5K
WELL icon
205
CALL
Welltower
WELL
$170B
$9.99M 0.11%
65,000
+36,200
+126% +$5.41M
WELL icon
206
PUT
Welltower
WELL
$170B
$9.99M 0.11%
+65,000
New +$9.71M
PCT icon
207
CALL
PureCycle Technologies
PCT
$1.28B
$9.92M 0.11%
724,300
+524,300
+262% +$4.64M
AMBA icon
208
PUT
Ambarella
AMBA
$3.79B
$9.91M 0.11%
+150,000
New +$7.95M
ON icon
209
CALL
ON Semiconductor
ON
$32.4B
$9.89M 0.11%
188,700
+26,700
+16% +$1.16M
ARVN icon
210
Arvinas
ARVN
$517M
$9.88M 0.11%
1,343,029
+1,279,329
+2,008% +$9.42M
JD icon
211
PUT
JD.com
JD
$44.4B
$9.87M 0.11%
302,500
+8,800
+3% +$300K
ALNY icon
212
PUT
Alnylam Pharmaceuticals
ALNY
$27.4B
$9.78M 0.11%
+30,000
New +$8.3M
HUM icon
213
CALL
Humana
HUM
$43.8B
$9.78M 0.11%
40,000
-20,000
-33% -$4.99M
DKS icon
214
CALL
Dick's Sporting Goods
DKS
$17.5B
$9.75M 0.11%
+49,300
New +$9.14M
BABA icon
215
PUT
Alibaba
BABA
$292B
$9.64M 0.11%
85,000
-15,000
-15% -$1.78M
WDC icon
216
CALL
Western Digital
WDC
$189B
$9.6M 0.11%
150,000
-310,000
-67% -$14.8M
WDC icon
217
PUT
Western Digital
WDC
$189B
$9.6M 0.11%
150,000
+60,000
+67% +$2.86M
ASND icon
218
CALL
Ascendis Pharma A/S
ASND
$16.1B
$9.49M 0.11%
+55,000
New +$8.96M
MGM icon
219
PUT
MGM Resorts International
MGM
$11.5B
$9.46M 0.1%
+275,000
New +$8.72M
RH icon
220
CALL
RH
RH
$3.15B
$9.45M 0.1%
50,000
+45,500
+1,011% +$8.45M
GPC icon
221
CALL
Genuine Parts
GPC
$17.2B
$9.45M 0.1%
77,900
– –
FLR icon
222
CALL
Fluor
FLR
$7.03B
$9.43M 0.1%
183,900
-511,100
-74% -$20.4M
COGT icon
223
CALL
Cogent Biosciences
COGT
$6.69B
$9.4M 0.1%
+1,308,600
New +$7.25M
BEAM icon
224
PUT
Beam Therapeutics
BEAM
$2.63B
$9.39M 0.1%
+552,100
New +$9.61M
ATEC icon
225
CALL
Alphatec Holdings
ATEC
$1.47B
$9.29M 0.1%
837,000
+205,000
+32% +$2.35M
7 8
9
10 11

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.