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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 32 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
621 ERO CALL ERO COPPER CORP Basic Materials 125,000.0 $3.5M 0.02% NEW $28.29 +0.4%
622 LYV CALL LIVE NATION ENTERTAINMENT IN Communication Services 24,800.0 $3.5M 0.02% $142.50 +17.7%
623 GRPN CALL GROUPON INC Communication Services 200,000.0 $3.5M 0.02% -448K -69.1% $17.61 +23.5%
624 BIIB PUT BIOGEN INC Healthcare 20,000.0 $3.5M 0.02% $175.99 +12.7%
625 BIIB CALL BIOGEN INC Healthcare 20,000.0 $3.5M 0.02% -75K -79.0% $175.99 +12.7%
626 NWPX CALL NWPX INFRASTRUCTURE INC Industrials 56,100.0 $3.5M 0.02% NEW $62.49 +93.1%
627 CRNX CALL CRINETICS PHARMACEUTICALS IN Healthcare 75,100.0 $3.5M 0.02% -113K -60.1% $46.55 -21.3%
628 ROIV ROIVANT SCIENCES LTD Healthcare 160,987.0 $3.5M 0.02% NEW $21.70 +35.7%
629 LCID PUT LUCID GROUP INC Consumer Cyclical 328,500.0 $3.5M 0.02% +288K +711.1% $10.57 -40.6%
630 CNTA CALL CENTESSA PHARMACEUTICALS PLC Healthcare 138,800.0 $3.5M 0.02% -192K -58.0% $25.01 +59.0%
631 IQ PUT IQIYI INC Communication Services 1,802,200.0 $3.5M 0.02% $1.92 -44.3%
632 BKD BROOKDALE SR LIVING INC Healthcare 319,753.0 $3.5M 0.02% +158K +97.5% $10.79 +24.9%
633 CARR CARRIER GLOBAL CORPORATION Industrials 65,000.0 $3.4M 0.02% NEW $52.84 +22.5%
634 TOL CALL TOLL BROTHERS INC Consumer Cyclical 25,400.0 $3.4M 0.02% NEW $135.22 +3.0%
635 AIG PUT AMERICAN INTL GROUP INC Financial Services 40,000.0 $3.4M 0.02% NEW $85.55 -11.7%
636 ONDS CALL ONDAS HLDGS INC Technology 350,000.0 $3.4M 0.02% +220K +169.2% $9.76 +12.4%
637 XLI SELECT SECTOR SPDR TR 22,000.0 $3.4M 0.02% NEW $155.12 +12.6%
638 CTRA CALL COTERRA ENERGY INC Energy 128,700.0 $3.4M 0.02% NEW $26.32 +23.7%
639 GEF PUT GREIF INC Consumer Cyclical 50,000.0 $3.4M 0.02% +10K +25.0% $67.70 -5.5%
640 AMTM AMENTUM HOLDINGS INC Industrials 116,500.0 $3.4M 0.02% +75K +183.4% $29.00 -20.3%
Page 32 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%