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Portfolio (Quarterly) Guide ↗

Caption Management, LLC

· CIK 0001706766
13F Portfolio $12.8B AUM Filed Nov 14, 2025 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 1607 New
Page 4 of 81  ·  1,607 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 FLR CALL FLUOR CORP NEW Industrials 917,800.0 $38.6M 0.30% NEW $42.07 +6.7%
62 LCID CALL LUCID GROUP INC Consumer Cyclical 1,600,000.0 $38.1M 0.30% NEW $23.79 -75.5%
63 TXN PUT TEXAS INSTRS INC Technology 206,000.0 $37.8M 0.29% NEW $183.73 +68.3%
64 HUM PUT HUMANA INC Healthcare 145,000.0 $37.7M 0.29% NEW $260.17 +18.4%
65 CVX PUT CHEVRON CORP NEW Energy 240,000.0 $37.3M 0.29% NEW $155.29 +23.3%
66 META CALL META PLATFORMS INC Communication Services 50,000.0 $36.7M 0.29% NEW $734.38 -16.9%
67 PCG CALL PG&E CORP Utilities 2,431,000.0 $36.7M 0.29% NEW $15.08 +9.4%
68 VSAT PUT VIASAT INC Technology 1,247,900.0 $36.6M 0.28% NEW $29.30 +154.5%
69 GOOGL PUT ALPHABET INC Communication Services 150,000.0 $36.5M 0.28% NEW $243.10 +57.5%
70 MGNI CALL MAGNITE INC Communication Services 1,669,700.0 $36.4M 0.28% NEW $21.78 -39.4%
71 XOM CALL EXXON MOBIL CORP Energy 322,100.0 $36.3M 0.28% NEW $112.75 +37.4%
72 VRT CALL VERTIV HOLDINGS CO Industrials 238,900.0 $36.0M 0.28% NEW $150.86 +117.1%
73 SMR CALL NUSCALE PWR CORP Utilities 976,800.0 $35.2M 0.27% NEW $36.00 -68.3%
74 BE PUT BLOOM ENERGY CORP Industrials 403,300.0 $34.1M 0.27% NEW $84.57 +257.7%
75 PUT LEIDOS HOLDINGS INC 180,400.0 $34.1M 0.27% NEW $188.96
76 XOM PUT EXXON MOBIL CORP Energy 300,000.0 $33.8M 0.26% NEW $112.75 +37.4%
77 JAZZ CALL JAZZ PHARMACEUTICALS PLC Healthcare 256,200.0 $33.8M 0.26% NEW $131.80 +82.0%
78 PUT NEWAMSTERDAM PHARMA COMPANY 1,169,700.0 $33.3M 0.26% NEW $28.44
79 COF CALL CAPITAL ONE FINL CORP Financial Services 155,800.0 $33.1M 0.26% NEW $212.58 -11.7%
80 STZ PUT CONSTELLATION BRANDS INC Consumer Defensive 244,500.0 $32.9M 0.26% NEW $134.67 +11.0%
Page 4 of 81  ·  1,607 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
Consumer Cyclical 25.7%
Technology 24.8%
Healthcare 15.4%
Financial Services 7.4%
Communication Services 7.1%
Industrials 5.5%
Energy 4.6%
Consumer Defensive 3.4%
Basic Materials 2.6%
Real Estate 2.0%