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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 27 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
521 CPNG CALL COUPANG INC Consumer Cyclical 210,000.0 $5.0M 0.03% +60K +40.0% $23.59 -29.4%
522 STWD PUT STARWOOD PPTY TR INC Real Estate 275,000.0 $5.0M 0.03% $18.01 -3.6%
523 BEAM BEAM THERAPEUTICS INC Healthcare 178,352.0 $4.9M 0.03% NEW $27.72 +16.6%
524 KRYS PUT KRYSTAL BIOTECH INC Healthcare 20,000.0 $4.9M 0.03% +15K +300.0% $246.54 +24.3%
525 TFC PUT TRUIST FINL CORP Financial Services 100,000.0 $4.9M 0.03% NEW $49.21 -1.6%
526 FHN FIRST HORIZON CORPORATION Financial Services 205,820.0 $4.9M 0.03% -29K -12.3% $23.90 +1.3%
527 CRSP PUT CRISPR THERAPEUTICS AG Healthcare 93,500.0 $4.9M 0.03% +4K +3.9% $52.44 +2.3%
528 CALL FLAGSTAR BANK NATIONAL ASSOC 388,600.0 $4.9M 0.03% -561K -59.1% $12.59
529 TD PUT TORONTO DOMINION BK ONT Financial Services 51,500.0 $4.9M 0.03% $94.20 +19.2%
530 CCOI CALL COGENT COMMUNICATIONS HLDGS Communication Services 225,000.0 $4.9M 0.03% NEW $21.56 -2.7%
531 KKR PUT KKR & CO INC Financial Services 38,000.0 $4.8M 0.03% NEW $127.48 -25.8%
532 ZEVRA THERAPEUTICS INC 540,112.0 $4.8M 0.03% +30K +5.9% $8.96
533 WVE CALL WAVE LIFE SCIENCES LTD Healthcare 284,400.0 $4.8M 0.03% +100K +54.2% $17.00 -62.4%
534 MDT PUT MEDTRONIC PLC Healthcare 50,000.0 $4.8M 0.03% $96.06 -20.7%
535 EE CALL EXCELERATE ENERGY INC Utilities 170,000.0 $4.8M 0.03% +8K +4.9% $28.05 +23.1%
536 TGTX PUT TG THERAPEUTICS INC Healthcare 159,700.0 $4.8M 0.03% +1K +0.7% $29.81 +34.0%
537 IONS PUT IONIS PHARMACEUTICALS INC Healthcare 60,000.0 $4.7M 0.03% +15K +33.3% $79.11 -2.8%
538 SNOW SNOWFLAKE INC Technology 21,438.0 $4.7M 0.03% +21K +4311.1% $219.36 -19.8%
539 PHM CALL PULTE GROUP INC Consumer Cyclical 40,000.0 $4.7M 0.03% NEW $117.26 +1.5%
540 DSGN CALL DESIGN THERAPEUTICS INC Healthcare 500,000.0 $4.7M 0.03% NEW $9.38 +19.6%
Page 27 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%