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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 9 of 29  ·  578 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 TFC PUT TRUIST FINL CORP Financial Services 100,000.0 $4.9M 0.03% NEW $49.21 -1.7%
162 CCOI CALL COGENT COMMUNICATIONS HLDGS Communication Services 225,000.0 $4.9M 0.03% NEW $21.56 -15.8%
163 KKR PUT KKR & CO INC Financial Services 38,000.0 $4.8M 0.03% NEW $127.48 -26.2%
164 PHM CALL PULTE GROUP INC Consumer Cyclical 40,000.0 $4.7M 0.03% NEW $117.26 -0.7%
165 DSGN CALL DESIGN THERAPEUTICS INC Healthcare 500,000.0 $4.7M 0.03% NEW $9.38 +17.0%
166 FWRD CALL FORWARD AIR CORP Industrials 186,700.0 $4.7M 0.03% NEW $25.00 -64.8%
167 MTN PUT VAIL RESORTS INC Consumer Cyclical 35,000.0 $4.6M 0.03% NEW $132.80 -3.9%
168 SLG CALL SL GREEN RLTY CORP Real Estate 100,000.0 $4.6M 0.03% NEW $45.87 -5.7%
169 JBIO JADE BIOSCIENCES INC Healthcare 297,095.0 $4.6M 0.03% NEW $15.43 +43.9%
170 ANIP ANI PHARMACEUTICALS INC Healthcare 57,773.0 $4.6M 0.03% NEW $78.94 +4.8%
171 AAP CALL ADVANCE AUTO PARTS INC Consumer Cyclical 113,600.0 $4.5M 0.03% NEW $39.30 +47.5%
172 AGM PUT FEDERAL AGRIC MTG CORP Financial Services 25,000.0 $4.4M 0.03% NEW $175.57 +1.2%
173 FSK CALL FS KKR CAP CORP Financial Services 290,000.0 $4.3M 0.03% NEW $14.81 -27.2%
174 CEG CONSTELLATION ENERGY CORP Utilities 12,150.0 $4.3M 0.03% NEW $353.27 -16.8%
175 LRCX CALL LAM RESEARCH CORP Technology 25,000.0 $4.3M 0.03% NEW $171.18 +78.4%
176 BYD CALL BOYD GAMING CORP Consumer Cyclical 50,000.0 $4.3M 0.03% NEW $85.24 -7.0%
177 KBE SPDR SERIES TRUST 70,000.0 $4.2M 0.03% NEW $60.69 +4.7%
178 RLAY CALL RELAY THERAPEUTICS INC Healthcare 500,100.0 $4.2M 0.03% NEW $8.46 +59.9%
179 ANGLOGOLD ASHANTI PLC 48,900.0 $4.2M 0.03% NEW $85.28
180 RGR PUT STURM RUGER & CO INC Industrials 125,000.0 $4.1M 0.03% NEW $32.65 +22.6%
Page 9 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%