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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 21 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
401 DOW PUT DOW INC Basic Materials 40,000.0 $935K 0.01% NEW $23.38 +54.0%
402 RKLB ROCKET LAB CORP Industrials 13,398.0 $935K 0.01% NEW $69.76 +94.6%
403 NVAX NOVAVAX INC Healthcare 139,050.0 $934K 0.01% NEW $6.72 +37.1%
404 GSM FERROGLOBE PLC Basic Materials 201,150.0 $933K 0.01% NEW $4.64 -7.5%
405 DUK DUKE ENERGY CORP NEW Utilities 7,900.0 $926K 0.01% NEW $117.21 +7.2%
406 NEXT CALL NEXTDECADE CORP Energy 175,000.0 $922K 0.01% NEW $5.27 +60.5%
407 AAL AMERICAN AIRLS GROUP INC Industrials 60,000.0 $920K 0.01% NEW $15.33 -9.7%
408 TFX TELEFLEX INCORPORATED Healthcare 7,500.0 $915K 0.01% NEW $122.04 +8.8%
409 FND FLOOR & DECOR HLDGS INC Consumer Cyclical 15,000.0 $913K 0.01% NEW $60.89 -20.8%
410 WMB WILLIAMS COS INC Energy 15,100.0 $908K 0.01% NEW $60.11 +30.5%
411 DAL PUT DELTA AIR LINES INC DEL Industrials 13,000.0 $902K 0.01% NEW $69.40 +9.7%
412 PCT PURECYCLE TECHNOLOGIES INC Industrials 105,000.0 $902K 0.01% NEW $8.59 +31.8%
413 DAR DARLING INGREDIENTS INC Consumer Defensive 25,000.0 $900K 0.01% NEW $36.00 +62.8%
414 INDI CALL INDIE SEMICONDUCTOR INC Technology 250,000.0 $882K 0.01% NEW $3.53 +36.3%
415 VOYG CALL VOYAGER TECHNOLOGIES INC Industrials 33,500.0 $876K 0.01% NEW $26.14 +70.8%
416 WRBY PUT WARBY PARKER INC Healthcare 39,900.0 $869K 0.01% NEW $21.79 +15.1%
417 CLBT CELLEBRITE DI LTD Technology 48,000.0 $865K 0.01% NEW $18.03 -26.9%
418 SIG CALL SIGNET JEWELERS LIMITED Consumer Cyclical 10,000.0 $829K 0.01% NEW $82.88 -1.5%
419 REPL PUT REPLIMUNE GROUP INC Healthcare 85,000.0 $826K 0.01% NEW $9.72 -49.5%
420 DOW DOW INC Basic Materials 35,128.0 $821K 0.01% NEW $23.38 +54.0%
Page 21 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%