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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 33 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
641 PCG PG&E CORP Utilities 210,000.0 $3.4M 0.02% -80K -27.5% $16.07 +3.1%
642 TGT TARGET CORP Consumer Defensive 34,500.0 $3.4M 0.02% +28K +400.0% $97.75 +32.2%
643 RIGETTI COMPUTING INC 302,256.0 $3.4M 0.02% $11.11
644 PFE PFIZER INC Healthcare 134,800.0 $3.4M 0.02% NEW $24.90 +5.3%
645 SSRM CALL SSR MINING IN Basic Materials 151,800.0 $3.3M 0.02% NEW $21.92 +37.5%
646 FLEX FLEX LTD Technology 55,000.0 $3.3M 0.02% +21K +60.4% $60.42 +141.3%
647 DXCM DEXCOM INC Healthcare 50,000.0 $3.3M 0.02% +8K +18.5% $66.37 +6.3%
648 MDLZ MONDELEZ INTL INC Consumer Defensive 61,600.0 $3.3M 0.02% +45K +262.4% $53.83 +15.7%
649 CHWY PUT CHEWY INC Consumer Cyclical 100,000.0 $3.3M 0.02% $33.05 -35.5%
650 SIL PUT GLOBAL X FDS 39,300.0 $3.3M 0.02% NEW $83.52 +7.3%
651 AM CALL ANTERO MIDSTREAM CORP Energy 184,500.0 $3.3M 0.02% +64K +53.8% $17.79 +21.0%
652 IMMR IMMERSION CORP Technology 482,198.0 $3.3M 0.02% +142K +41.6% $6.80 -4.0%
653 IMCR IMMUNOCORE HLDGS PLC Healthcare 94,384.0 $3.3M 0.02% -369K -79.6% $34.71 -16.6%
654 ANET PUT ARISTA NETWORKS INC Technology 25,000.0 $3.3M 0.02% $131.03 +18.3%
655 NVAX PUT NOVAVAX INC Healthcare 486,800.0 $3.3M 0.02% NEW $6.72 +65.7%
656 ACLX PUT ARCELLX INC Healthcare 50,000.0 $3.3M 0.02% -10K -16.7% $65.20 +76.5%
657 GSBD CALL GOLDMAN SACHS BDC INC Financial Services 350,000.0 $3.2M 0.02% NEW $9.28 -3.9%
658 SIBN CALL SI-BONE INC Healthcare 164,200.0 $3.2M 0.02% NEW $19.72 -27.4%
659 SLV CALL ISHARES SILVER TR Financial Services 50,000.0 $3.2M 0.02% -250K -83.3% $64.42 +5.0%
660 SLV PUT ISHARES SILVER TR Financial Services 50,000.0 $3.2M 0.02% NEW $64.42 +5.0%
Page 33 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%