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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 24 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
461 SOLS SOLSTICE ADVANCED MATLS INC Basic Materials 11,500.0 $559K 0.00% NEW $48.58 +68.3%
462 GSBD GOLDMAN SACHS BDC INC Financial Services 59,644.0 $553K 0.00% NEW $9.28 -4.5%
463 VERASTEM INC 70,405.0 $544K 0.00% NEW $7.72
464 OXY OCCIDENTAL PETE CORP Energy 13,192.0 $542K 0.00% NEW $41.12 +43.0%
465 CALL STUBHUB HLDGS INC 40,000.0 $541K 0.00% NEW $13.53
466 KD PUT KYNDRYL HLDGS INC Technology 20,000.0 $531K 0.00% NEW $26.56 -53.7%
467 EWY ISHARES INC 5,400.0 $525K 0.00% NEW $97.22 +87.2%
468 CALL AVADEL PHARMACEUTICALS PLC 24,000.0 $517K 0.00% NEW $21.55
469 EGY CALL VAALCO ENERGY INC Energy 140,000.0 $510K 0.00% NEW $3.64 +57.1%
470 FPH FIVE POINT HOLDINGS LLC Real Estate 89,000.0 $498K 0.00% NEW $5.59 -12.3%
471 RYTM RHYTHM PHARMACEUTICALS INC Healthcare 4,614.0 $494K 0.00% NEW $107.04 -17.9%
472 SLM SLM CORP Financial Services 18,000.0 $487K 0.00% NEW $27.06 -18.1%
473 ABUS CALL ARBUTUS BIOPHARMA CORP Healthcare 100,000.0 $481K 0.00% NEW $4.81 -9.6%
474 ABUS PUT ARBUTUS BIOPHARMA CORP Healthcare 100,000.0 $481K 0.00% NEW $4.81 -9.6%
475 SWKS SKYWORKS SOLUTIONS INC Technology 7,500.0 $476K 0.00% NEW $63.41 +30.0%
476 CORBUS PHARMACEUTICALS HLDGS 56,066.0 $456K 0.00% NEW $8.14
477 NTR NUTRIEN LTD Basic Materials 7,200.0 $444K 0.00% NEW $61.72 +13.6%
478 CVE CENOVUS ENERGY INC Energy 26,100.0 $442K 0.00% NEW $16.92 +77.6%
479 HRTX CALL HERON THERAPEUTICS INC Healthcare 339,100.0 $441K 0.00% NEW $1.30 -33.9%
480 PBF PBF ENERGY INC Energy 16,000.0 $434K 0.00% NEW $27.12 +48.3%
Page 24 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%