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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 59 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1161 MTRN MATERION CORP Basic Materials 5,800.0 $721K 0.01% $124.32 +73.0%
1162 PUT SIX FLAGS ENTERTAINMENT CORP 46,900.0 $719K 0.01% NEW $15.34
1163 PRGS PROGRESS SOFTWARE CORP Technology 16,700.0 $717K 0.01% -8K -33.7% $42.96 -30.7%
1164 NTSK CALL NETSKOPE INC Technology 40,900.0 $717K 0.01% NEW $17.54 -33.0%
1165 SE SEA LTD Consumer Cyclical 5,600.0 $714K 0.01% -13K -69.2% $127.57 -31.6%
1166 XRX CALL XEROX HOLDINGS CORP Technology 300,000.0 $711K 0.01% NEW $2.37 +5.5%
1167 BRSP PUT BRIGHTSPIRE CAPITAL INC Real Estate 125,000.0 $700K 0.01% +25K +25.0% $5.60 +1.3%
1168 TDOC CALL TELADOC HEALTH INC Healthcare 100,000.0 $700K 0.01% NEW $7.00 -6.1%
1169 HLF CALL HERBALIFE LTD Consumer Defensive 53,700.0 $692K 0.01% NEW $12.89 -3.6%
1170 PUT VENTURE GLOBAL INC 100,000.0 $682K 0.01% $6.82
1171 PEB PUT PEBBLEBROOK HOTEL TR Real Estate 60,000.0 $679K 0.01% $11.32 +30.6%
1172 UPS UNITED PARCEL SERVICE INC Industrials 6,825.0 $677K 0.01% -11K -60.6% $99.19 +1.8%
1173 SLM PUT SLM CORP Financial Services 25,000.0 $676K 0.01% NEW $27.06 -18.1%
1174 HALO CALL HALOZYME THERAPEUTICS INC Healthcare 10,000.0 $673K 0.01% NEW $67.30 +1.5%
1175 HALO PUT HALOZYME THERAPEUTICS INC Healthcare 10,000.0 $673K 0.01% NEW $67.30 +1.5%
1176 WYFI CALL WHITEFIBER INC Technology 42,500.0 $672K 0.01% +25K +142.9% $15.80 +91.1%
1177 LXU LSB INDS INC Basic Materials 78,935.0 $671K 0.01% NEW $8.50 +53.4%
1178 FPH PUT FIVE POINT HOLDINGS LLC Real Estate 120,000.0 $671K 0.01% NEW $5.59 -12.3%
1179 ARDX ARDELYX INC Healthcare 115,000.0 $670K 0.01% NEW $5.83 +4.8%
1180 BNTX BIONTECH SE Healthcare 7,000.0 $666K 0.01% NEW $95.20 -3.2%
Page 59 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%