Caption Management, LLC
Q1 2020 13F-HR Holdings
Net value change ($000)
-1,208,859
(-40.6%)
New positions
178
Sold out positions
161
Turnover %
128.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2019
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| W | 7,618 | NEW |
| GE | 5,870 | 438.4% |
| BC | 5,571 | NEW |
| ALXN | 4,926 | 171.2% |
| ICUI | 4,803 | NEW |
| MLCO | 4,517 | NEW |
| LHC Group, Inc | 4,360 | NEW |
| IOVA | 4,303 | 9779.5% |
| AAP | 4,107 | NEW |
| BDX | 3,218 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| MEDICINES CO /DE | -28,336 | -100.0% |
| QURE | -18,268 | -64.2% |
| TW | -11,866 | -100.0% |
| ON | -9,508 | -100.0% |
| Biohaven Pharmaceutical Holding Co Ltd. | -8,455 | -91.9% |
| AXSM | -7,667 | -83.9% |
| CZR | -7,447 | -68.1% |
| TRGP | -7,207 | -95.4% |
| INSTRUCTURE INC | -7,038 | -100.0% |
| REATA PHARMACEUTICALS INC | -5,378 | -74.3% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
1,461,327
(82.6% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|