Question 1

Does Caption Management own BW stock?

Accepted Answer

No. Caption Management exited its BW (Babcock & Wilcox Enterprises) position in Q1 2026. Its Q4 2025 13F listed 13,000 shares worth $82,420.

Question 2

How many shares of BW does Caption Management own?

Accepted Answer

None since Q1 2026, when Caption Management exited the position. Its Q4 2025 13F listed 13,000 shares worth $82,420.

Question 3

What is Caption Management's BW position worth?

Accepted Answer

Caption Management's BW position was worth $82,420 in its Q4 2025 13F, before the exit in Q1 2026.

Question 4

Is Caption Management buying or selling BW?

Accepted Answer

In Q1 2026, Caption Management exited its entire BW position.

Question 5

When did Caption Management first buy BW?

Accepted Answer

Caption Management first reported BW in its Q1 2020 13F and listed it in 3 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q1 Latest	Exited	0	-100.0%	$0	0.0%	$14.69	0
2025-Q4	New	13,000	—	$82,420	0.0%	$6.34	30