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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 23 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
441 APLS APELLIS PHARMACEUTICALS INC Healthcare 254,563.0 $6.4M 0.04% -50K -16.5% $25.12 +63.3%
442 EMN CALL EASTMAN CHEM CO Basic Materials 100,000.0 $6.4M 0.04% NEW $63.83 +19.1%
443 INSP PUT INSPIRE MED SYS INC Healthcare 69,000.0 $6.4M 0.04% NEW $92.23 -54.3%
444 NXT PUT NEXTPOWER INC Technology 72,500.0 $6.3M 0.04% +35K +91.8% $87.11 +56.1%
445 DELL CALL DELL TECHNOLOGIES INC Technology 50,000.0 $6.3M 0.04% NEW $125.88 +142.9%
446 Z PUT ZILLOW GROUP INC Communication Services 92,000.0 $6.3M 0.04% NEW $68.22 -47.3%
447 GOOGL CALL ALPHABET INC Communication Services 20,000.0 $6.3M 0.04% $313.00 +24.9%
448 DDOG DATADOG INC Technology 45,163.0 $6.1M 0.04% -4K -7.8% $135.99 +61.9%
449 APLD APPLIED DIGITAL CORP Technology 250,000.0 $6.1M 0.04% +80K +46.8% $24.52 +90.8%
450 BROS CALL DUTCH BROS INC Consumer Cyclical 100,000.0 $6.1M 0.04% $61.22 -8.3%
451 BE PUT BLOOM ENERGY CORP Industrials 70,000.0 $6.1M 0.04% -333K -82.6% $86.89 +244.2%
452 CZR PUT CAESARS ENTERTAINMENT INC NE Consumer Cyclical 260,000.0 $6.1M 0.04% -1.7M -86.5% $23.39 +23.4%
453 XPERI INC 1,035,229.0 $6.1M 0.04% +703K +211.4% $5.86
454 CNK CALL CINEMARK HLDGS INC Communication Services 260,500.0 $6.1M 0.04% NEW $23.24 +17.1%
455 PUT VIZSLA SILVER CORP 1,102,200.0 $6.0M 0.04% NEW $5.47
456 Z ZILLOW GROUP INC Communication Services 88,227.0 $6.0M 0.04% +43K +95.3% $68.22 -47.3%
457 PYPL CALL PAYPAL HLDGS INC Financial Services 103,000.0 $6.0M 0.04% -192K -65.1% $58.38 -24.9%
458 NEXTNAV INC 840,850.0 $6.0M 0.04% +341K +68.2% $7.15
459 ZM ZOOM COMMUNICATIONS INC Technology 69,435.0 $6.0M 0.04% NEW $86.29 +16.0%
460 VISN COMMSCOPE HLDG CO INC Technology 329,190.0 $6.0M 0.04% +42K +14.7% $18.13 -31.2%
Page 23 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%