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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 28 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
541 FWRD CALL FORWARD AIR CORP Industrials 186,700.0 $4.7M 0.03% NEW $25.00 -58.5%
542 APLD PUT APPLIED DIGITAL CORP Technology 190,000.0 $4.7M 0.03% +115K +153.3% $24.52 +99.8%
543 MTN PUT VAIL RESORTS INC Consumer Cyclical 35,000.0 $4.6M 0.03% NEW $132.80 -1.2%
544 TMO THERMO FISHER SCIENTIFIC INC Healthcare 8,000.0 $4.6M 0.03% +6K +400.0% $579.45 -21.3%
545 PGEN CALL PRECIGEN INC Healthcare 1,100,000.0 $4.6M 0.03% -2.3M -67.6% $4.18 +5.3%
546 SLG CALL SL GREEN RLTY CORP Real Estate 100,000.0 $4.6M 0.03% NEW $45.87 -1.5%
547 JBIO JADE BIOSCIENCES INC Healthcare 297,095.0 $4.6M 0.03% NEW $15.43 +39.3%
548 PPTA CALL PERPETUA RESOURCES CORP Basic Materials 188,600.0 $4.6M 0.03% +139K +277.2% $24.21 +8.1%
549 AXSM PUT AXSOME THERAPEUTICS INC Healthcare 25,000.0 $4.6M 0.03% $182.64 +28.4%
550 ANIP ANI PHARMACEUTICALS INC Healthcare 57,773.0 $4.6M 0.03% NEW $78.94 +3.6%
551 CSGP CALL COSTAR GROUP INC Real Estate 67,500.0 $4.5M 0.03% $67.24 -51.9%
552 PUT BIOHAVEN LTD 400,000.0 $4.5M 0.03% -454K -53.1% $11.29
553 BTDR PUT BITDEER TECHNOLOGIES GROUP Technology 400,000.0 $4.5M 0.03% -30K -7.0% $11.21 +38.6%
554 GXO CALL GXO LOGISTICS INCORPORATED Industrials 85,000.0 $4.5M 0.03% -28K -24.4% $52.64 -4.5%
555 AAP CALL ADVANCE AUTO PARTS INC Consumer Cyclical 113,600.0 $4.5M 0.03% NEW $39.30 +48.3%
556 MCHP MICROCHIP TECHNOLOGY INC. Technology 70,000.0 $4.5M 0.03% -19K -21.4% $63.72 +52.0%
557 CALL BUNGE GLOBAL SA 50,000.0 $4.5M 0.03% $89.08
558 RGTI PUT RIGETTI COMPUTING INC Technology 200,000.0 $4.4M 0.03% $22.15 +11.2%
559 RIO PUT RIO TINTO PLC Basic Materials 55,300.0 $4.4M 0.03% $80.03 +33.2%
560 CALL JBS N.V. 305,200.0 $4.4M 0.03% -20K -6.2% $14.42
Page 28 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%