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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 13 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 NXT CALL NEXTPOWER INC Technology 169,700.0 $14.8M 0.10% $87.11 +48.7%
242 BEAM CALL BEAM THERAPEUTICS INC Healthcare 532,500.0 $14.8M 0.10% +440K +475.7% $27.72 +5.3%
243 CALL BIOHAVEN LTD 1,301,000.0 $14.7M 0.10% +532K +69.2% $11.29
244 ZS CALL ZSCALER INC Technology 65,000.0 $14.6M 0.10% $224.92 -17.3%
245 KRE PUT SPDR SERIES TRUST 220,000.0 $14.3M 0.10% +20K +10.0% $64.81 +8.3%
246 BTU CALL PEABODY ENERGY CORP Energy 480,000.0 $14.3M 0.10% -37K -7.2% $29.70 -11.6%
247 AVGO PUT BROADCOM INC Technology 40,500.0 $14.0M 0.10% NEW $346.10 +23.7%
248 CLS PUT CELESTICA INC Technology 46,900.0 $13.9M 0.10% +27K +134.5% $295.61 +25.5%
249 CAT PUT CATERPILLAR INC Industrials 24,200.0 $13.9M 0.10% NEW $572.87 +57.2%
250 RSP PUT INVESCO EXCHANGE TRADED FD T 72,000.0 $13.8M 0.10% NEW $191.56 +8.4%
251 TTWO CALL TAKE-TWO INTERACTIVE SOFTWAR Communication Services 53,700.0 $13.7M 0.09% NEW $256.03 -12.8%
252 SOC SABLE OFFSHORE CORP Energy 1,512,347.0 $13.6M 0.09% +91K +6.4% $9.02 +61.0%
253 MDT CALL MEDTRONIC PLC Healthcare 141,400.0 $13.6M 0.09% NEW $96.06 -18.9%
254 GEO CALL GEO GROUP INC NEW Industrials 828,400.0 $13.4M 0.09% +296K +55.6% $16.12 +43.8%
255 MRK MERCK & CO INC Healthcare 126,500.0 $13.3M 0.09% +122K +2649.4% $105.26 +15.0%
256 INTC CALL INTEL CORP Technology 360,000.0 $13.3M 0.09% +211K +141.6% $36.90 +238.9%
257 ROIV CALL ROIVANT SCIENCES LTD Healthcare 609,200.0 $13.2M 0.09% -88K -12.6% $21.70 +37.3%
258 HPE CALL HEWLETT PACKARD ENTERPRISE C Technology 548,000.0 $13.2M 0.09% -581K -51.5% $24.02 +59.0%
259 AVTR PUT AVANTOR INC Healthcare 1,148,000.0 $13.2M 0.09% +1.1M +1335.0% $11.46 -29.4%
260 IVZ CALL INVESCO LTD Financial Services 500,000.0 $13.1M 0.09% NEW $26.27 +4.9%
Page 13 of 76  ·  1,512 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%