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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 20 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
381 AMGN CALL AMGEN INC Healthcare 25,000.0 $8.2M 0.06% NEW $327.31 +4.1%
382 OMER CALL OMEROS CORP Healthcare 475,700.0 $8.2M 0.06% NEW $17.18 -32.5%
383 DD DUPONT DE NEMOURS INC Basic Materials 202,897.0 $8.2M 0.06% +70K +52.5% $40.20 +18.5%
384 ASTS PUT AST SPACEMOBILE INC Technology 111,600.0 $8.1M 0.06% +30K +36.8% $72.63 +72.0%
385 NFLX CALL NETFLIX INC Communication Services 86,100.0 $8.1M 0.06% NEW $93.76 -5.8%
386 PHAT CALL PHATHOM PHARMACEUTICALS INC Healthcare 486,300.0 $8.1M 0.06% -514K -51.4% $16.59 -32.2%
387 CBRE CALL CBRE GROUP INC Real Estate 50,000.0 $8.0M 0.06% $160.79 -20.4%
388 OR CALL OR ROYALTIES INC. Basic Materials 226,800.0 $8.0M 0.06% NEW $35.39 +2.9%
389 RIO CALL RIO TINTO PLC Basic Materials 100,200.0 $8.0M 0.06% +64K +173.0% $80.03 +32.7%
390 CVS PUT CVS HEALTH CORP Healthcare 100,000.0 $7.9M 0.05% -100K -50.0% $79.36 +15.8%
391 ESPR CALL ESPERION THERAPEUTICS INC NE Healthcare 2,142,500.0 $7.9M 0.05% NEW $3.70 -15.7%
392 PUT XPERI INC 1,340,600.0 $7.9M 0.05% +684K +104.2% $5.86
393 VKTX CALL VIKING THERAPEUTICS INC Healthcare 221,000.0 $7.8M 0.05% -691K -75.8% $35.18 -9.4%
394 MTCH CALL MATCH GROUP INC NEW Communication Services 240,000.0 $7.7M 0.05% $32.29 +13.2%
395 CLSK CALL CLEANSPARK INC Technology 762,800.0 $7.7M 0.05% +325K +74.2% $10.12 +70.6%
396 BE CALL BLOOM ENERGY CORP Industrials 88,800.0 $7.7M 0.05% -19K -17.7% $86.89 +243.2%
397 FMX PUT FOMENTO ECONOMICO MEXICANO S Consumer Defensive 75,900.0 $7.7M 0.05% NEW $101.07 +21.7%
398 UNP UNION PAC CORP Industrials 33,000.0 $7.6M 0.05% $231.32 +19.6%
399 CEG PUT CONSTELLATION ENERGY CORP Utilities 21,600.0 $7.6M 0.05% $353.27 -18.0%
400 PUT EXACT SCIENCES CORP 75,000.0 $7.6M 0.05% $101.56
Page 20 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%