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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 29 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
561 NAT NORDIC AMERICAN TANKERS LIMI Industrials 20,512.0 $71K NEW $3.44 +132.3%
562 CGEM CALL CULLINAN THERAPEUTICS INC Healthcare 5,800.0 $60K NEW $10.35 +99.3%
563 DYN DYNE THERAPEUTICS INC Healthcare 2,500.0 $49K NEW $19.56 -11.5%
564 IVR INVESCO MORTGAGE CAPITAL INC Real Estate 5,099.0 $43K NEW $8.41 -23.2%
565 CALL VISTAGEN THERAPEUTICS INC 61,400.0 $41K NEW $0.66
566 MBOT CALL MICROBOT MED INC Healthcare 20,000.0 $40K NEW $2.00 -28.0%
567 AKBA AKEBIA THERAPEUTICS INC Healthcare 24,692.0 $40K NEW $1.61 -43.0%
568 FORR FORRESTER RESH INC Industrials 4,834.0 $39K NEW $8.12 +43.1%
569 UWMC PUT UWM HOLDINGS CORPORATION Financial Services 8,800.0 $39K NEW $4.38 -71.9%
570 STUBHUB HLDGS INC 2,726.0 $37K NEW $13.53
571 BED BATH & BEYOND INC 47,824.0 $32K NEW $0.66
572 ASTL ALGOMA STL GROUP INC Basic Materials 7,456.0 $31K NEW $4.10 +3.4%
573 RITHM PPTY TR INC 1,422.0 $24K NEW $16.58
574 UAMY UNITED STATES ANTIMONY CORP Basic Materials 3,000.0 $15K NEW $5.02 -9.2%
575 VISTAGEN THERAPEUTICS INC 16,770.0 $11K NEW $0.66
576 SIBN SI-BONE INC Healthcare 422.0 $8K NEW $19.72 -6.0%
577 TH TARGET HOSPITALITY CORP Industrials 356.0 $3K NEW $8.01 +134.2%
578 LUMINAR TECHNOLOGIES INC 5,341.0 $427.0 NEW $0.08
Page 29 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 35.3%
Consumer Cyclical 19.5%
Healthcare 15.6%
Financial Services 7.6%
Communication Services 6.0%
Energy 4.6%
Industrials 4.0%
Basic Materials 2.7%
Consumer Defensive 2.3%
Utilities 1.3%