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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 57 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1121 SIG CALL SIGNET JEWELERS LIMITED Consumer Cyclical 10,000.0 $829K 0.01% NEW $82.88 -1.5%
1122 CSGP PUT COSTAR GROUP INC Real Estate 12,300.0 $827K 0.01% $67.24 -49.5%
1123 REPL PUT REPLIMUNE GROUP INC Healthcare 85,000.0 $826K 0.01% NEW $9.72 -49.5%
1124 VERX VERTEX INC Technology 41,159.0 $822K 0.01% $19.97 -32.7%
1125 DOW DOW INC Basic Materials 35,128.0 $821K 0.01% NEW $23.38 +54.0%
1126 ZURA BIO LTD 155,936.0 $817K 0.01% NEW $5.24
1127 CRVS PUT CORVUS PHARMACEUTICALS INC Healthcare 105,900.0 $815K 0.01% NEW $7.70 +63.8%
1128 WTI PUT W & T OFFSHORE INC Energy 500,000.0 $815K 0.01% +150K +42.9% $1.63 +171.8%
1129 SHAK PUT SHAKE SHACK INC Consumer Cyclical 10,000.0 $812K 0.01% $81.17 -22.7%
1130 LUNR INTUITIVE MACHINES INC Industrials 50,000.0 $812K 0.01% -60K -54.5% $16.23 +135.7%
1131 RZLT CALL REZOLUTE INC Healthcare 343,400.0 $810K 0.01% -92K -21.1% $2.36 +37.7%
1132 GGAL PUT GRUPO FINANCIERO GALICIA S.A Financial Services 15,000.0 $809K 0.01% $53.94 -19.3%
1133 MARA CALL MARA HOLDINGS INC Financial Services 89,500.0 $804K 0.01% -210K -70.2% $8.98 +53.8%
1134 ZBIO PUT ZENAS BIOPHARMA INC Healthcare 22,000.0 $799K 0.01% NEW $36.31 -45.4%
1135 TDAY PUT USA TODAY CO INC Communication Services 155,000.0 $798K 0.01% -25K -13.9% $5.15 +46.8%
1136 POWL POWELL INDS INC Industrials 2,500.0 $797K 0.01% NEW $318.78 -12.4%
1137 GD GENERAL DYNAMICS CORP Industrials 2,365.0 $796K 0.01% -1K -35.5% $336.66 +1.9%
1138 CALL CALUMET INC 40,000.0 $795K 0.01% -120K -75.0% $19.87
1139 MBX CALL MBX BIOSCIENCES INC Healthcare 25,100.0 $792K 0.01% -50K -66.5% $31.54 +1.0%
1140 BTG CALL B2GOLD CORP Basic Materials 175,000.0 $789K 0.01% NEW $4.51 +1.6%
Page 57 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%