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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 9 of 76  ·  1,512 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 SNOW CALL SNOWFLAKE INC Technology 95,800.0 $21.0M 0.14% -80K -45.4% $219.36 -21.5%
162 TEM CALL TEMPUS AI INC Healthcare 355,000.0 $21.0M 0.14% $59.05 -21.8%
163 TMO PUT THERMO FISHER SCIENTIFIC INC Healthcare 36,100.0 $20.9M 0.14% NEW $579.45 -22.6%
164 OWL BLUE OWL CAPITAL INC Financial Services 1,397,623.0 $20.9M 0.14% +785K +128.2% $14.94 -32.7%
165 FHN CALL FIRST HORIZON CORPORATION Financial Services 872,000.0 $20.8M 0.14% +846K +3253.8% $23.90 +1.4%
166 VSAT VIASAT INC Technology 603,623.0 $20.8M 0.14% -278K -31.5% $34.46 +116.4%
167 XME CALL SPDR SERIES TRUST 200,000.0 $20.7M 0.14% +100K +100.0% $103.61 +13.0%
168 SEI CALL SOLARIS ENERGY INFRAS INC Energy 450,000.0 $20.7M 0.14% +251K +125.8% $45.97 +61.6%
169 QCOM PUT QUALCOMM INC Technology 119,100.0 $20.4M 0.14% NEW $171.05 +39.2%
170 IMAX PUT IMAX CORP Communication Services 549,800.0 $20.3M 0.14% NEW $36.96 +5.8%
171 PUT GLOBUS MED INC 230,700.0 $20.1M 0.14% NEW $87.31
172 ESTA PUT ESTABLISHMENT LABS HLDGS INC Healthcare 275,000.0 $20.0M 0.14% NEW $72.88 -0.9%
173 VST CALL VISTRA CORP Utilities 122,700.0 $19.8M 0.14% NEW $161.33 -3.1%
174 TSM PUT TAIWAN SEMICONDUCTOR MFG LTD Technology 65,000.0 $19.8M 0.14% -314K -82.8% $303.89 +33.1%
175 COF CAPITAL ONE FINL CORP Financial Services 81,110.0 $19.7M 0.14% NEW $242.36 -22.5%
176 VSAT PUT VIASAT INC Technology 567,200.0 $19.5M 0.13% -681K -54.5% $34.46 +116.4%
177 IAG CALL IAMGOLD CORP Basic Materials 1,175,500.0 $19.4M 0.13% +310K +35.9% $16.49 +0.2%
178 PZZA PUT PAPA JOHNS INTL INC Consumer Cyclical 500,000.0 $19.2M 0.13% NEW $38.49 -13.2%
179 MGNI CALL MAGNITE INC Communication Services 1,182,000.0 $19.2M 0.13% -488K -29.2% $16.23 -18.7%
180 B CALL BARRICK MNG CORP Basic Materials 440,000.0 $19.2M 0.13% +400K +1000.0% $43.55 -6.6%
Page 9 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%