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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 23 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
441 HALO CALL HALOZYME THERAPEUTICS INC Healthcare 10,000.0 $673K 0.01% NEW $67.30 +1.5%
442 HALO PUT HALOZYME THERAPEUTICS INC Healthcare 10,000.0 $673K 0.01% NEW $67.30 +1.5%
443 LXU LSB INDS INC Basic Materials 78,935.0 $671K 0.01% NEW $8.50 +53.4%
444 FPH PUT FIVE POINT HOLDINGS LLC Real Estate 120,000.0 $671K 0.01% NEW $5.59 -12.3%
445 ARDX ARDELYX INC Healthcare 115,000.0 $670K 0.01% NEW $5.83 +4.8%
446 BNTX BIONTECH SE Healthcare 7,000.0 $666K 0.01% NEW $95.20 -3.2%
447 SERV CALL SERVE ROBOTICS INC Industrials 63,600.0 $660K 0.01% NEW $10.38 -16.2%
448 BUNGE GLOBAL SA 7,200.0 $641K 0.00% NEW $89.08
449 GRND GRINDR INC Technology 47,163.0 $639K 0.00% NEW $13.54 -4.4%
450 AHCO ADAPTHEALTH CORP Healthcare 63,676.0 $634K 0.00% NEW $9.96 +4.9%
451 JMIA CALL JUMIA TECHNOLOGIES AG Consumer Cyclical 50,000.0 $624K 0.00% NEW $12.49 -44.2%
452 TSN CALL TYSON FOODS INC Consumer Defensive 10,600.0 $621K 0.00% NEW $58.62 +11.0%
453 ROCK GIBRALTAR INDS INC Industrials 12,300.0 $608K 0.00% NEW $49.44 -24.8%
454 ARCC CALL ARES CAPITAL CORP Financial Services 30,000.0 $607K 0.00% NEW $20.23 -8.1%
455 ARCC PUT ARES CAPITAL CORP Financial Services 30,000.0 $607K 0.00% NEW $20.23 -8.1%
456 TMQ CALL TRILOGY METALS INC NEW Basic Materials 140,000.0 $603K 0.00% NEW $4.31 -5.6%
457 ANNX ANNEXON INC Healthcare 119,491.0 $600K 0.00% NEW $5.02 +5.8%
458 SIX FLAGS ENTERTAINMENT CORP 38,672.0 $593K 0.00% NEW $15.34
459 GGAL GRUPO FINANCIERO GALICIA S.A Financial Services 10,722.0 $578K 0.00% NEW $53.94 -19.3%
460 SCHMID GROUP N.V. 385,090.0 $562K 0.00% NEW $1.46
Page 23 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%