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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 63 of 81  ·  1,607 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1241 TRVI PUT TREVI THERAPEUTICS INC Healthcare 70,000.0 $640K 0.01% NEW $9.15 +54.4%
1242 PUT BLUE OWL CAPITAL CORPORATION 50,000.0 $638K 0.01% NEW $12.77
1243 WTI PUT W & T OFFSHORE INC Energy 350,000.0 $637K 0.01% NEW $1.82 +143.4%
1244 MBI CALL MBIA INC Financial Services 85,000.0 $633K 0.01% NEW $7.45 -17.9%
1245 CALL ACHIEVE LIFE SCIENCES INC 200,000.0 $630K 0.01% NEW $3.15
1246 LAZ LAZARD INC Financial Services 11,900.0 $628K 0.01% NEW $52.78 -8.9%
1247 POTLATCHDELTIC CORPORATION 15,339.0 $625K 0.01% NEW $40.75
1248 MTX CALL MINERALS TECHNOLOGIES INC Basic Materials 10,000.0 $621K 0.01% NEW $62.12 +23.6%
1249 EWZ ISHARES INC 20,000.0 $620K 0.01% NEW $31.00 +17.3%
1250 TGT TARGET CORP Consumer Defensive 6,900.0 $619K 0.01% NEW $89.70 +40.0%
1251 TRN TRINITY INDS INC Industrials 22,050.0 $618K 0.01% NEW $28.04 +16.7%
1252 ADT CALL ADT INC DEL Industrials 70,400.0 $613K 0.01% NEW $8.71 -20.0%
1253 TENB TENABLE HLDGS INC Technology 21,000.0 $612K 0.01% NEW $29.16 -12.7%
1254 FLYW CALL FLYWIRE CORPORATION Technology 45,000.0 $609K 0.01% NEW $13.54 +19.1%
1255 ERO ERO COPPER CORP Basic Materials 29,964.0 $606K 0.01% NEW $20.23 +33.4%
1256 SPRY CALL ARS PHARMACEUTICALS INC Healthcare 60,000.0 $603K 0.01% NEW $10.05 -21.0%
1257 NAK CALL NORTHERN DYNASTY MINERALS LT Basic Materials 500,000.0 $600K 0.01% NEW $1.20 +72.5%
1258 PRTA PROTHENA CORP PLC Healthcare 61,009.0 $595K 0.01% NEW $9.76 +0.7%
1259 ORIC ORIC PHARMACEUTICALS INC Healthcare 49,389.0 $593K 0.01% NEW $12.00 -30.7%
1260 AEO AMERICAN EAGLE OUTFITTERS IN Consumer Cyclical 34,500.0 $590K 0.01% NEW $17.11 -3.4%
Page 63 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%