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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 37 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
721 NTRA NATERA INC Healthcare 12,000.0 $2.7M 0.02% NEW $229.09 -12.2%
722 SNDX PUT SYNDAX PHARMACEUTICALS INC Healthcare 130,000.0 $2.7M 0.02% -20K -13.3% $21.01 -5.1%
723 PUT AVALO THERAPEUTICS INC 150,000.0 $2.7M 0.02% NEW $18.16
724 VSCO CALL VICTORIAS SECRET AND CO Consumer Cyclical 50,000.0 $2.7M 0.02% NEW $54.17 +5.0%
725 TFC TRUIST FINL CORP Financial Services 55,000.0 $2.7M 0.02% NEW $49.21 -1.4%
726 CLBT CALL CELLEBRITE DI LTD Technology 150,000.0 $2.7M 0.02% NEW $18.03 -28.7%
727 CLBT PUT CELLEBRITE DI LTD Technology 150,000.0 $2.7M 0.02% NEW $18.03 -28.7%
728 QCOM QUALCOMM INC Technology 15,790.0 $2.7M 0.02% NEW $171.05 +34.3%
729 TSHA CALL TAYSHA GENE THERAPIES INC Healthcare 490,700.0 $2.7M 0.02% NEW $5.50 +5.2%
730 CC CALL CHEMOURS CO Basic Materials 228,300.0 $2.7M 0.02% +192K +528.9% $11.79 +86.7%
731 HOG PUT HARLEY DAVIDSON INC Consumer Cyclical 131,200.0 $2.7M 0.02% +94K +249.9% $20.49 +17.5%
732 VLYPN VALLEY NATL BANCORP Financial Services 230,000.0 $2.7M 0.02% -60K -20.7% $11.68 +122.4%
733 FWRD FORWARD AIR CORP Industrials 106,987.0 $2.7M 0.02% NEW $25.00 -59.7%
734 ACAD CALL ACADIA PHARMACEUTICALS INC Healthcare 100,000.0 $2.7M 0.02% -534K -84.2% $26.71 -20.4%
735 CRH PLC 21,402.0 $2.7M 0.02% NEW $124.80
736 USB PUT US BANCORP DEL Financial Services 50,000.0 $2.7M 0.02% NEW $53.36 +2.8%
737 EQX PUT EQUINOX GOLD CORP Basic Materials 190,000.0 $2.7M 0.02% $14.04 -12.4%
738 INTU INTUIT Technology 4,000.0 $2.6M 0.02% NEW $662.42 -53.1%
739 MGNI PUT MAGNITE INC Communication Services 162,500.0 $2.6M 0.02% -238K -59.4% $16.23 -16.3%
740 PUT NEWAMSTERDAM PHARMA COMPANY 75,000.0 $2.6M 0.02% -1.1M -93.6% $35.08
Page 37 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%