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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 28 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
541 ARE ALEXANDRIA REAL ESTATE EQ IN Real Estate 2,664.0 $130K 0.00% NEW $48.94 -1.2%
542 CALL IROBOT CORP 1,184,500.0 $130K 0.00% NEW $0.11
543 UMAC CALL UNUSUAL MACHS INC Financial Services 10,000.0 $127K 0.00% NEW $12.74 +31.7%
544 RXO RXO INC Industrials 10,000.0 $126K 0.00% NEW $12.64 +92.8%
545 CAN CALL CANAAN INC Technology 180,000.0 $124K 0.00% NEW $0.69 -39.9%
546 CLSK CLEANSPARK INC Technology 11,400.0 $115K 0.00% NEW $10.12 +57.8%
547 NWPX NWPX INFRASTRUCTURE INC Industrials 1,777.0 $111K 0.00% NEW $62.49 +79.6%
548 CALUMET INC 5,457.0 $108K 0.00% NEW $19.87
549 NFE PUT NEW FORTRESS ENERGY INC Utilities 94,000.0 $107K 0.00% NEW $1.14 -44.4%
550 PUT FLAGSTAR BANK NATIONAL ASSOC 8,500.0 $107K 0.00% NEW $12.59
551 NMG CALL NOUVEAU MONDE GRAPHITE INC Basic Materials 40,000.0 $99K 0.00% NEW $2.48 -22.6%
552 FALCONS BEYOND GLOBAL INC 48,550.0 $98K 0.00% NEW $2.02
553 BTBT PUT BIT DIGITAL INC Financial Services 50,000.0 $94K 0.00% NEW $1.89 +5.3%
554 REVOLUTION MEDICINES INC 100,000.0 $94K 0.00% NEW $0.94
555 GSM CALL FERROGLOBE PLC Basic Materials 20,000.0 $93K 0.00% NEW $4.64 -7.5%
556 FMC CALL FMC CORP Basic Materials 6,500.0 $90K 0.00% NEW $13.87 -5.5%
557 BW BABCOCK & WILCOX ENTERPRISES Industrials 13,000.0 $82K 0.00% NEW $6.34 +200.3%
558 ALT CALL ALTIMMUNE INC Healthcare 21,200.0 $77K 0.00% NEW $3.61 -19.7%
559 SA CALL SEABRIDGE GOLD INC Basic Materials 2,500.0 $74K 0.00% NEW $29.59 +1.1%
560 ASPI ASP ISOTOPES INC Basic Materials 13,800.0 $74K 0.00% NEW $5.35 +3.7%
Page 28 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%