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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 16 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
301 CALL EXPAND ENERGY CORPORATION 104,200.0 $11.5M 0.08% +50K +92.2% $110.36
302 SCCO CALL SOUTHERN COPPER CORP Basic Materials 80,000.0 $11.5M 0.08% NEW $143.47 +31.4%
303 CORT CALL CORCEPT THERAPEUTICS INC Healthcare 329,500.0 $11.5M 0.08% +290K +734.2% $34.80 +72.4%
304 AVGO BROADCOM INC Technology 33,000.0 $11.4M 0.08% -12K -27.5% $346.10 +22.1%
305 COMERICA INC 129,821.0 $11.3M 0.08% -13K -8.8% $86.93
306 SHOP SHOPIFY INC Technology 69,900.0 $11.3M 0.08% +14K +25.2% $160.97 -35.6%
307 PUT RITHM PPTY TR INC 675,000.0 $11.2M 0.08% NEW $16.58
308 UNH UNITEDHEALTH GROUP INC Healthcare 33,880.0 $11.2M 0.08% +31K +1154.8% $330.11 +14.9%
309 INSP CALL INSPIRE MED SYS INC Healthcare 121,200.0 $11.2M 0.08% NEW $92.23 -54.0%
310 NNDM PUT NANO DIMENSION LTD Technology 7,247,200.0 $11.2M 0.08% $1.54 +8.1%
311 WMT CALL WALMART INC Consumer Defensive 100,000.0 $11.1M 0.08% NEW $111.41 +6.1%
312 XLF CALL SELECT SECTOR SPDR TR 200,000.0 $11.0M 0.07% NEW $54.77 -5.5%
313 ON CALL ON SEMICONDUCTOR CORP Technology 202,000.0 $10.9M 0.07% +40K +24.7% $54.15 +135.7%
314 UPST CALL UPSTART HLDGS INC Financial Services 250,000.0 $10.9M 0.07% $43.73 -30.8%
315 THRM PUT GENTHERM INC Consumer Cyclical 300,000.0 $10.9M 0.07% $36.37 -7.5%
316 CENX CALL CENTURY ALUM CO Basic Materials 278,200.0 $10.9M 0.07% +198K +247.8% $39.18 +72.7%
317 CART PUT MAPLEBEAR INC Consumer Cyclical 242,300.0 $10.9M 0.07% +137K +130.8% $44.98 -9.6%
318 BTU PEABODY ENERGY CORP Energy 365,000.0 $10.8M 0.07% +262K +252.7% $29.70 -12.5%
319 RF CALL REGIONS FINANCIAL CORP NEW Financial Services 400,000.0 $10.8M 0.07% +364K +1011.1% $27.10 +3.6%
320 UAL UNITED AIRLS HLDGS INC Industrials 96,800.0 $10.8M 0.07% +9K +10.4% $111.82 -5.6%
Page 16 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%