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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 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 CALL ZEVRA THERAPEUTICS INC 1,200,400.0 $10.8M 0.07% +52K +4.5% $8.96
322 IVZ INVESCO LTD Financial Services 399,800.0 $10.5M 0.07% NEW $26.27 +5.4%
323 IREN IREN LIMITED Financial Services 277,860.0 $10.5M 0.07% -160K -36.5% $37.77 +58.3%
324 EOSE EOS ENERGY ENTERPRISES INC Industrials 914,727.0 $10.5M 0.07% +294K +47.4% $11.46 -23.8%
325 CALL PAGAYA TECHNOLOGIES LTD 499,000.0 $10.4M 0.07% +299K +149.5% $20.90
326 GFI CALL GOLD FIELDS LTD Basic Materials 238,000.0 $10.4M 0.07% +20K +9.2% $43.66 -5.8%
327 MKSI CALL MKS INC. Technology 65,000.0 $10.4M 0.07% $159.80 +109.1%
328 CALL VIZSLA SILVER CORP 1,889,400.0 $10.3M 0.07% NEW $5.47
329 TRTX CALL TPG RE FIN TR INC Real Estate 1,200,000.0 $10.3M 0.07% -1.1M -47.6% $8.61 -3.9%
330 XHB PUT SPDR SERIES TRUST 100,000.0 $10.3M 0.07% $102.96 -0.6%
331 HUM CALL HUMANA INC Healthcare 40,000.0 $10.2M 0.07% -30K -43.3% $256.13 +17.8%
332 PZZA CALL PAPA JOHNS INTL INC Consumer Cyclical 266,000.0 $10.2M 0.07% +216K +432.0% $38.49 -15.0%
333 SRRK PUT SCHOLAR ROCK HLDG CORP Healthcare 230,000.0 $10.1M 0.07% -198K -46.3% $44.05 +16.9%
334 CORZ PUT CORE SCIENTIFIC INC NEW Technology 690,200.0 $10.0M 0.07% -1.6M -69.2% $14.56 +81.1%
335 PVLA CALL PALVELLA THERAPEUTICS INC NE Healthcare 96,000.0 $10.0M 0.07% NEW $104.67 +12.3%
336 VALE VALE S A Basic Materials 770,000.0 $10.0M 0.07% NEW $13.03 +26.6%
337 PVLA PUT PALVELLA THERAPEUTICS INC NE Healthcare 95,300.0 $10.0M 0.07% NEW $104.67 +12.3%
338 COHR CALL COHERENT CORP Technology 54,000.0 $10.0M 0.07% -29K -34.8% $184.57 +106.6%
339 PUT ZEVRA THERAPEUTICS INC 1,101,200.0 $9.9M 0.07% +101K +10.1% $8.96
340 PRAXIS PRECISION MEDICINES I 33,300.0 $9.8M 0.07% +27K +423.8% $294.74
Page 17 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%