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Portfolio (Quarterly) Guide ↗

Caption Management, LLC

· CIK 0001706766
13F Portfolio $14.6B AUM 1,512 positions Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 578 New 387 Added 337 Reduced 673 Exited
Page 20 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
381 PUT NIOCORP DEVS LTD 200,000.0 $1.1M 0.01% NEW $5.30
382 HAS HASBRO INC Consumer Cyclical 12,900.0 $1.1M 0.01% NEW $82.00 +7.4%
383 CALL ETORO GROUP LTD 30,000.0 $1.1M 0.01% NEW $35.13
384 PUT DIGITALBRIDGE GROUP INC 67,500.0 $1.0M 0.01% NEW $15.34
385 ABR CALL ARBOR REALTY TRUST INC Real Estate 133,400.0 $1.0M 0.01% NEW $7.76 -28.2%
386 AMRX AMNEAL PHARMACEUTICALS INC Healthcare 81,735.0 $1.0M 0.01% NEW $12.60 -1.4%
387 TDS CALL TELEPHONE & DATA SYS INC Communication Services 25,000.0 $1.0M 0.01% NEW $41.00 -4.1%
388 INDI INDIE SEMICONDUCTOR INC Technology 286,600.0 $1.0M 0.01% NEW $3.53 +36.3%
389 KMB PUT KIMBERLY-CLARK CORP Consumer Defensive 10,000.0 $1.0M 0.01% NEW $100.89 -1.7%
390 AEVA AEVA TECHNOLOGIES INC Consumer Cyclical 75,000.0 $996K 0.01% NEW $13.28 +90.7%
391 IMRX CALL IMMUNEERING CORP Healthcare 150,000.0 $987K 0.01% NEW $6.58 -18.1%
392 AAP ADVANCE AUTO PARTS INC Consumer Cyclical 25,000.0 $982K 0.01% NEW $39.30 +47.5%
393 ARE CALL ALEXANDRIA REAL ESTATE EQ IN Real Estate 20,000.0 $979K 0.01% NEW $48.94 -1.2%
394 ARE PUT ALEXANDRIA REAL ESTATE EQ IN Real Estate 20,000.0 $979K 0.01% NEW $48.94 -1.2%
395 HIMS CALL HIMS & HERS HEALTH INC Healthcare 30,000.0 $974K 0.01% NEW $32.47 -26.9%
396 XERS CALL XERIS BIOPHARMA HOLDINGS INC Healthcare 123,400.0 $969K 0.01% NEW $7.85 -21.1%
397 AVALO THERAPEUTICS INC 52,641.0 $956K 0.01% NEW $18.16
398 RXO CALL RXO INC Industrials 75,000.0 $948K 0.01% NEW $12.64 +92.8%
399 EMN EASTMAN CHEM CO Basic Materials 14,819.0 $946K 0.01% NEW $63.83 +16.1%
400 DV DOUBLEVERIFY HLDGS INC Technology 82,059.0 $939K 0.01% NEW $11.44 -14.1%
Page 20 of 29  ·  578 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 33.0%
Consumer Cyclical 18.3%
Healthcare 14.6%
Communication Services 11.8%
Financial Services 7.3%
Energy 4.3%
Industrials 3.7%
Basic Materials 2.6%
Consumer Defensive 2.2%
Utilities 1.2%