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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 24 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
461 ALNY CALL ALNYLAM PHARMACEUTICALS INC Healthcare 15,000.0 $6.0M 0.04% $397.65 -26.0%
462 ALNY PUT ALNYLAM PHARMACEUTICALS INC Healthcare 15,000.0 $6.0M 0.04% -15K -50.0% $397.65 -26.0%
463 CAR PUT AVIS BUDGET GROUP Industrials 46,400.0 $6.0M 0.04% +12K +36.5% $128.32 +27.1%
464 PAR CALL PAR TECHNOLOGY CORP Technology 164,100.0 $6.0M 0.04% NEW $36.28 -59.0%
465 SUN PUT SUNOCO LP/SUNOCO FIN CORP Energy 113,300.0 $5.9M 0.04% NEW $52.41 +29.3%
466 HAL PUT HALLIBURTON CO Energy 210,000.0 $5.9M 0.04% -54K -20.5% $28.26 +40.8%
467 ABNB CALL AIRBNB INC Consumer Cyclical 43,700.0 $5.9M 0.04% -76K -63.6% $135.72 -2.0%
468 ABNB PUT AIRBNB INC Consumer Cyclical 43,700.0 $5.9M 0.04% NEW $135.72 -2.0%
469 EQT EQT CORP Energy 110,450.0 $5.9M 0.04% +69K +164.9% $53.60 +3.9%
470 GM GENERAL MTRS CO Consumer Cyclical 72,600.0 $5.9M 0.04% +38K +109.8% $81.32 +2.5%
471 KHC CALL KRAFT HEINZ CO Consumer Defensive 242,800.0 $5.9M 0.04% NEW $24.25 +0.8%
472 TECH BIO-TECHNE CORP Healthcare 100,000.0 $5.9M 0.04% +20K +25.0% $58.81 -19.0%
473 AMTM PUT AMENTUM HOLDINGS INC Industrials 200,000.0 $5.8M 0.04% NEW $29.00 -20.9%
474 IMTX IMMATICS N.V Healthcare 550,891.0 $5.8M 0.04% NEW $10.50 +9.0%
475 UNP PUT UNION PAC CORP Industrials 25,000.0 $5.8M 0.04% NEW $231.32 +19.7%
476 RARE CALL ULTRAGENYX PHARMACEUTICAL IN Healthcare 249,600.0 $5.7M 0.04% -288K -53.6% $23.00 +1.2%
477 AES PUT AES CORP Utilities 400,000.0 $5.7M 0.04% -140K -25.9% $14.34 +2.4%
478 HP CALL HELMERICH & PAYNE INC Energy 200,000.0 $5.7M 0.04% +100K +100.0% $28.68 +35.3%
479 CELH CALL CELSIUS HLDGS INC Consumer Defensive 125,000.0 $5.7M 0.04% +75K +150.0% $45.74 -30.3%
480 W WAYFAIR INC Consumer Cyclical 56,800.0 $5.7M 0.04% -19K -25.4% $100.41 -26.1%
Page 24 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%