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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 52 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1021 OPEN PUT OPENDOOR TECHNOLOGIES INC Real Estate 193,300.0 $1.1M 0.01% $5.83 -19.7%
1022 WEBULL CORP 392,212.0 $1.1M 0.01% +388K +9649.2% $2.86
1023 MCRB CALL SERES THERAPEUTICS INC Healthcare 75,000.0 $1.1M 0.01% $14.88 -48.7%
1024 TLN TALEN ENERGY CORP Utilities 2,977.0 $1.1M 0.01% NEW $374.84 +3.9%
1025 TMC THE METALS COMPANY INC 860,671.0 $1.1M 0.01% +769K +843.1% $1.29
1026 STAA CALL STAAR SURGICAL CO Healthcare 47,900.0 $1.1M 0.01% -40K -45.6% $23.09 +46.0%
1027 LEG CALL LEGGETT & PLATT INC Consumer Cyclical 99,800.0 $1.1M 0.01% NEW $11.00 -7.1%
1028 ELF PUT E L F BEAUTY INC Consumer Defensive 14,400.0 $1.1M 0.01% NEW $76.04 -31.8%
1029 ARM PUT ARM HOLDINGS PLC Technology 10,000.0 $1.1M 0.01% $109.31 +190.7%
1030 STNG CALL SCORPIO TANKERS INC Energy 21,500.0 $1.1M 0.01% $50.83 +57.8%
1031 PUT BARNES & NOBLE ED INC 118,800.0 $1.1M 0.01% +19K +18.7% $9.19
1032 PAR PUT PAR TECHNOLOGY CORP Technology 30,000.0 $1.1M 0.01% NEW $36.28 -59.4%
1033 PUT HUDSON PAC PPTYS INC 100,000.0 $1.1M 0.01% NEW $10.83
1034 SRPT PUT SAREPTA THERAPEUTICS INC Healthcare 50,000.0 $1.1M 0.01% -122K -70.8% $21.52 -22.6%
1035 SQM SOCIEDAD QUIMICA Y MINERA DE Basic Materials 15,582.0 $1.1M 0.01% -52K -77.1% $68.80 +18.0%
1036 PUT NIOCORP DEVS LTD 200,000.0 $1.1M 0.01% NEW $5.30
1037 HAS HASBRO INC Consumer Cyclical 12,900.0 $1.1M 0.01% NEW $82.00 +9.3%
1038 CALL ETORO GROUP LTD 30,000.0 $1.1M 0.01% NEW $35.13
1039 ALIT ALIGHT INC Technology 540,000.0 $1.1M 0.01% -20K -3.6% $1.95 -55.2%
1040 KNX PUT KNIGHT-SWIFT TRANSN HLDGS IN Industrials 20,000.0 $1.0M 0.01% -65K -76.5% $52.28 +38.4%
Page 52 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%