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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 62 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1221 CYTK PUT CYTOKINETICS INC Healthcare 8,800.0 $559K 0.00% $63.54 +21.1%
1222 SOLS SOLSTICE ADVANCED MATLS INC Basic Materials 11,500.0 $559K 0.00% NEW $48.58 +68.3%
1223 ASTL PUT ALGOMA STL GROUP INC Basic Materials 135,000.0 $554K 0.00% +33K +32.1% $4.10 +15.4%
1224 GSBD GOLDMAN SACHS BDC INC Financial Services 59,644.0 $553K 0.00% NEW $9.28 -4.5%
1225 MFA MFA FINL INC Real Estate 58,796.0 $547K 0.00% -67K -53.3% $9.31 +1.5%
1226 VERASTEM INC 70,405.0 $544K 0.00% NEW $7.72
1227 OXY OCCIDENTAL PETE CORP Energy 13,192.0 $542K 0.00% NEW $41.12 +43.0%
1228 CALL STUBHUB HLDGS INC 40,000.0 $541K 0.00% NEW $13.53
1229 SBLK PUT STAR BULK CARRIERS CORP. Industrials 28,000.0 $538K 0.00% $19.22 +37.4%
1230 BKR BAKER HUGHES COMPANY Energy 11,800.0 $537K 0.00% -12K -50.4% $45.54 +45.1%
1231 ACAD PUT ACADIA PHARMACEUTICALS INC Healthcare 20,000.0 $534K 0.00% -156K -88.7% $26.71 -21.0%
1232 KD PUT KYNDRYL HLDGS INC Technology 20,000.0 $531K 0.00% NEW $26.56 -53.7%
1233 YETI CALL YETI HLDGS INC Consumer Cyclical 12,000.0 $530K 0.00% -74K -86.0% $44.17 -0.4%
1234 UNIT PUT UNITI GROUP LLC Real Estate 75,000.0 $526K 0.00% +23K +44.2% $7.01 +57.5%
1235 EWY ISHARES INC 5,400.0 $525K 0.00% NEW $97.22 +87.2%
1236 CALL AVADEL PHARMACEUTICALS PLC 24,000.0 $517K 0.00% NEW $21.55
1237 AR CALL ANTERO RESOURCES CORP Energy 15,000.0 $517K 0.00% $34.46 +6.6%
1238 ACI CALL ALBERTSONS COS INC Consumer Defensive 30,000.0 $515K 0.00% $17.17 -5.6%
1239 CX CEMEX SAB DE CV Basic Materials 44,400.0 $510K 0.00% -20K -31.5% $11.49 +9.3%
1240 SNAP SNAP INC Communication Services 63,200.0 $510K 0.00% $8.07 -29.1%
Page 62 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%