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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 4 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 RCUS ARCUS BIOSCIENCES INC Healthcare 767,698.0 $18.3M 0.12% NEW $23.83 -1.7%
62 TSLA CALL TESLA INC Consumer Cyclical 40,000.0 $18.0M 0.12% NEW $449.72 -5.3%
63 SOFI PUT SOFI TECHNOLOGIES INC Financial Services 666,000.0 $17.4M 0.12% NEW $26.18 -40.3%
64 HL PUT HECLA MNG CO Basic Materials 891,300.0 $17.1M 0.12% NEW $19.19 -11.5%
65 KWEB CALL KRANESHARES TRUST 500,000.0 $17.0M 0.12% NEW $34.05 -21.0%
66 LULU CALL LULULEMON ATHLETICA INC Consumer Cyclical 80,000.0 $16.6M 0.11% NEW $207.81 -38.8%
67 FND PUT FLOOR & DECOR HLDGS INC Consumer Cyclical 270,500.0 $16.5M 0.11% NEW $60.89 -20.8%
68 AR PUT ANTERO RESOURCES CORP Energy 475,000.0 $16.4M 0.11% NEW $34.46 +6.6%
69 ACLX CALL ARCELLX INC Healthcare 250,000.0 $16.3M 0.11% NEW $65.20 +76.5%
70 ARWR CALL ARROWHEAD PHARMACEUTICALS IN Healthcare 239,900.0 $15.9M 0.11% NEW $66.39 +12.9%
71 ANIP PUT ANI PHARMACEUTICALS INC Healthcare 200,000.0 $15.8M 0.11% NEW $78.94 +4.8%
72 IDYA CALL IDEAYA BIOSCIENCES INC Healthcare 450,000.0 $15.6M 0.11% NEW $34.57 -15.8%
73 U PUT UNITY SOFTWARE INC Technology 340,000.0 $15.0M 0.10% NEW $44.17 -42.1%
74 AVGO PUT BROADCOM INC Technology 40,500.0 $14.0M 0.10% NEW $346.10 +19.7%
75 CAT PUT CATERPILLAR INC Industrials 24,200.0 $13.9M 0.10% NEW $572.87 +53.6%
76 RSP PUT INVESCO EXCHANGE TRADED FD T 72,000.0 $13.8M 0.10% NEW $191.56 +7.8%
77 TTWO CALL TAKE-TWO INTERACTIVE SOFTWAR Communication Services 53,700.0 $13.7M 0.09% NEW $256.03 -11.1%
78 MDT CALL MEDTRONIC PLC Healthcare 141,400.0 $13.6M 0.09% NEW $96.06 -18.2%
79 IVZ CALL INVESCO LTD Financial Services 500,000.0 $13.1M 0.09% NEW $26.27 +3.0%
80 HD CALL HOME DEPOT INC Consumer Cyclical 37,500.0 $12.9M 0.09% NEW $344.10 -9.0%
Page 4 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%