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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 76 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1501 YOU CALL CLEAR SECURE INC Technology 300.0 $11K -70K -99.6% $35.08 +76.8%
1502 KOPN KOPIN CORP Technology 3,830.0 $9K -268K -98.6% $2.34 +107.3%
1503 SIBN SI-BONE INC Healthcare 422.0 $8K NEW $19.72 -24.8%
1504 RH RH Consumer Cyclical 40.0 $7K -9K -99.5% $179.15 -25.7%
1505 ALGOMA STL GROUP INC 44,550.0 $3K +41K +1182.0% $0.07
1506 GDEV INC 170,635.0 $3K $0.02
1507 TH TARGET HOSPITALITY CORP Industrials 356.0 $3K NEW $8.01 +127.9%
1508 STWD STARWOOD PPTY TR INC Real Estate 118.0 $2K $18.01 -4.8%
1509 RZLT REZOLUTE INC Healthcare 600.0 $1K -86K -99.3% $2.36 +36.4%
1510 LUMINAR TECHNOLOGIES INC 5,341.0 $427.0 NEW $0.08
1511 VALARIS LTD 66.0 $116.0 $1.76
1512 MBI MBIA INC Financial Services 6.0 $43.0 -37K -100.0% $7.17 -12.1%
Page 76 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%