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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 15 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
281 IBB ISHARES TR 74,000.0 $12.5M 0.09% -4K -5.7% $168.77 +0.4%
282 SOC CALL SABLE OFFSHORE CORP Energy 1,370,000.0 $12.4M 0.09% -1.8M -56.7% $9.02 +55.8%
283 GILD CALL GILEAD SCIENCES INC Healthcare 100,000.0 $12.3M 0.08% +70K +233.3% $122.74 +10.0%
284 AXTI CALL AXT INC Technology 750,000.0 $12.3M 0.08% NEW $16.35 +724.9%
285 APLD CALL APPLIED DIGITAL CORP Technology 500,000.0 $12.3M 0.08% +460K +1150.0% $24.52 +87.3%
286 CWAN PUT CLEARWATER ANALYTICS HLDGS I Technology 504,000.0 $12.2M 0.08% NEW $24.12 +1.0%
287 XLY SELECT SECTOR SPDR TR 101,440.0 $12.1M 0.08% NEW $119.41 -0.4%
288 KMB CALL KIMBERLY-CLARK CORP Consumer Defensive 119,200.0 $12.0M 0.08% NEW $100.89 -1.6%
289 WYNN CALL WYNN RESORTS LTD Consumer Cyclical 98,600.0 $11.9M 0.08% NEW $120.33 -19.2%
290 DKNG CALL DRAFTKINGS INC NEW Consumer Cyclical 343,500.0 $11.8M 0.08% +194K +129.0% $34.46 -29.6%
291 SBSW CALL SIBANYE STILLWATER LTD Basic Materials 830,000.0 $11.8M 0.08% -264K -24.2% $14.25 -14.9%
292 CWAN CLEARWATER ANALYTICS HLDGS I Technology 489,635.0 $11.8M 0.08% NEW $24.12 +1.0%
293 OKE ONEOK INC NEW Energy 160,000.0 $11.8M 0.08% +159K +10000.0% $73.50 +24.5%
294 BABA PUT ALIBABA GROUP HLDG LTD Consumer Cyclical 80,000.0 $11.7M 0.08% NEW $146.58 -11.7%
295 PLNT PUT PLANET FITNESS INC Consumer Cyclical 108,100.0 $11.7M 0.08% NEW $108.47 -51.6%
296 WGS CALL GENEDX HOLDINGS CORP Healthcare 89,500.0 $11.6M 0.08% +10K +12.6% $130.06 -62.5%
297 NU CALL NU HLDGS LTD Financial Services 694,200.0 $11.6M 0.08% +537K +340.8% $16.74 -23.1%
298 XOM EXXON MOBIL CORP Energy 96,400.0 $11.6M 0.08% NEW $120.34 +25.3%
299 EQX CALL EQUINOX GOLD CORP Basic Materials 824,000.0 $11.6M 0.08% +434K +111.3% $14.04 -9.8%
300 AVADEL PHARMACEUTICALS PLC 536,838.0 $11.6M 0.08% +228K +74.0% $21.55
Page 15 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%