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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 17 of 17  ·  337 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 MED MEDIFAST INC Consumer Cyclical 4,396.0 $47K -13K -74.7% $10.68 +17.9%
322 DLO DLOCAL LTD Technology 3,081.0 $44K -9K -74.5% $14.14 -14.7%
323 BWXT BWX TECHNOLOGIES INC Industrials 250.0 $43K -50.0 -16.7% $172.84 +17.4%
324 BHC BAUSCH HEALTH COS INC Healthcare 4,464.0 $31K -11K -71.5% $6.95 -21.3%
325 CHGG CALL CHEGG INC Consumer Defensive 30,000.0 $28K -170K -85.0% $0.93 +66.7%
326 AGI PUT ALAMOS GOLD INC NEW Basic Materials 700.0 $27K -200.0 -22.2% $38.58 -0.6%
327 MREO MEREO BIOPHARMA GROUP PLC Healthcare 50,000.0 $21K -140K -73.7% $0.42 -33.2%
328 AIRS AIRSCULPT TECHNOLOGIES INC Healthcare 10,400.0 $21K -9K -47.5% $1.98 +169.2%
329 CNC CENTENE CORP DEL Healthcare 500.0 $21K -3K -85.7% $41.15 +43.7%
330 ENCORE ENERGY CORP 7,500.0 $19K -18K -70.0% $2.48
331 BLND BLEND LABS INC Technology 4,589.0 $14K -151K -97.0% $3.04 -51.6%
332 RWT REDWOOD TRUST INC Real Estate 2,500.0 $14K -15K -85.6% $5.53 -4.5%
333 YOU CALL CLEAR SECURE INC Technology 300.0 $11K -70K -99.6% $35.08 +71.2%
334 KOPN KOPIN CORP Technology 3,830.0 $9K -268K -98.6% $2.34 +119.7%
335 RH RH Consumer Cyclical 40.0 $7K -9K -99.5% $179.15 -23.9%
336 RZLT REZOLUTE INC Healthcare 600.0 $1K -86K -99.3% $2.36 +37.7%
337 MBI MBIA INC Financial Services 6.0 $43.0 -37K -100.0% $7.17 -14.6%
Page 17 of 17  ·  337 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%