AI Portfolio Summary
In 2025 Q4, Caption Management, LLC maintained a portfolio of 2182 distinct positions. The most significant new addition to the portfolio was APPLE INC, which now represents 0.88% of the total fund value. They heavily accumulated shares in NVIDIA CORPORATION, increasing their position by 150.0%. The fund also reduced its exposure to UNITED THERAPEUTICS by 48.4%.
Total Positions
2182
Quarter
2025 Q4
Top Holding
CVNA (1.9%)
Top 10 Concentration
12.1%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 2182
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
CVNA
CALL
CARVANA CO
|
CALL Option | 1.87% | 2.07% |
#1
Prev: #1
|
3.2 | -56,200 | -8.0% |
P
S
|
646,800 | $272,962,536 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
PUT
NVIDIA CORPORAT...
|
PUT Option | 1.60% | 0.73% |
#2
20
Prev: #22
|
5.1 | 750,000 | 150.0% |
P
S
|
1,250,000 | $233,125,000 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
NVIDIA CORPORAT...
|
Technology | 1.48% | 0.73% |
#3
20
Prev: #23
|
4.6 | 661,100 | 132.2% |
P
S
|
1,161,100 | $216,545,150 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INTU
PUT
INTUIT
|
PUT Option | 1.38% | 1.57% |
#4
1
Prev: #5
|
1.6 | 7,400 | 2.5% |
P
S
|
302,700 | $200,514,534 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WBD
PUT
WARNER BROS DIS...
|
PUT Option | 1.01% | 0.13% |
#5
163
Prev: #168
|
3.9 | 4,229,700 | 483.4% |
P
S
|
5,104,700 | $147,117,454 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RDDT
CALL
REDDIT INC
|
CALL Option | 1.00% | 1.29% |
#6
1
Prev: #7
|
0.9 | -82,600 | -11.5% |
P
S
|
635,100 | $145,990,437 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WBD
CALL
WARNER BROS DIS...
|
CALL Option | 0.98% | 0.18% |
#7
114
Prev: #121
|
3.4 | 3,816,200 | 329.5% |
P
S
|
4,974,500 | $143,365,090 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVNA
PUT
CARVANA CO
|
PUT Option | 0.97% | 1.74% |
#8
4
Prev: #4
|
0.4 | -256,500 | -43.3% |
P
S
|
335,400 | $141,545,508 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSLA
PUT
TESLA INC
|
PUT Option | 0.93% | 1.21% |
#9
1
Prev: #10
|
0.9 | -50,000 | -14.3% |
P
S
|
300,000 | $134,916,000 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TSLA
TESLA INC
|
Consumer Cyclical | 0.93% | 1.21% |
#10
1
Prev: #9
|
0.9 | -50,000 | -14.3% |
P
S
|
300,000 | $134,916,000 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
PUT
AMAZON COM INC
|
PUT Option | 0.91% | 0.98% |
#11
2
Prev: #13
|
1.4 | no change | no change |
P
S
|
575,000 | $132,721,500 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AMZN
AMAZON COM INC
|
Consumer Cyclical | 0.91% | 0.98% |
#12
Prev: #12
|
1.4 | no change | no change |
P
S
|
575,000 | $132,721,500 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAPL
PUT
APPLE INC
|
PUT Option | 0.88% | — |
#14
Prev: #—
|
3.9 | 470,000 | no change |
NEW
|
470,000 | $127,774,200 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAPL
APPLE INC
|
Technology | 0.88% | — |
#13
Prev: #—
|
3.9 | 470,000 | no change |
NEW
|
470,000 | $127,774,200 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARKK
PUT
ARK ETF TR
|
PUT Option | 0.87% | 0.40% |
#15
29
Prev: #44
|
3.3 | 1,061,400 | 178.4% |
P
S
|
1,656,400 | $127,410,288 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOG
ALPHABET INC
|
Communication Services | 0.85% | 0.42% |
#16
25
Prev: #41
|
3.3 | 178,203 | 81.4% |
P
S
|
397,000 | $124,578,600 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
INTU
CALL
INTUIT
|
CALL Option | 0.84% | 1.22% |
#17
9
Prev: #8
|
0.8 | -45,800 | -19.9% |
P
S
|
183,900 | $121,819,038 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MSFT
CALL
MICROSOFT CORP
|
CALL Option | 0.83% | — |
#18
Prev: #—
|
3.8 | 250,000 | no change |
NEW
|
250,000 | $120,905,000 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOG
PUT
ALPHABET INC
|
PUT Option | 0.81% | 0.43% |
#19
17
Prev: #36
|
3.3 | 150,000 | 65.6% |
P
S
|
378,700 | $118,836,060 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BA
CALL
BOEING CO
|
CALL Option | 0.81% | — |
#20
Prev: #—
|
3.8 | 546,800 | no change |
NEW
|
546,800 | $118,721,216 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VRT
PUT
VERTIV HOLDINGS...
|
PUT Option | 0.80% | 0.05% |
#21
399
Prev: #420
|
3.3 | 679,300 | 1698.3% |
P
S
|
719,300 | $116,533,793 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RUN
CALL
SUNRUN INC
|
CALL Option | 0.78% | 0.86% |
#22
7
Prev: #15
|
0.8 | -151,200 | -2.4% |
P
S
|
6,203,700 | $114,148,080 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UTHR
CALL
UNITED THERAPEU...
|
CALL Option | 0.74% | 0.83% |
#23
6
Prev: #17
|
0.8 | -30,800 | -12.1% |
P
S
|
222,800 | $108,559,300 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CMG
PUT
CHIPOTLE MEXICA...
|
PUT Option | 0.72% | — |
#24
Prev: #—
|
3.8 | 2,839,400 | no change |
NEW
|
2,839,400 | $105,057,800 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SATS
CALL
ECHOSTAR CORP
|
CALL Option | 0.70% | 0.40% |
#25
20
Prev: #45
|
2.8 | 270,900 | 40.4% |
P
S
|
941,100 | $102,297,570 | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MP
CALL
MP MATERIALS CO...
|
CALL Option | 0.69% | 0.20% |
#26
77
Prev: #103
|
3.3 | 1,608,500 | 416.7% |
P
S
|
1,994,500 | $100,762,140 | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RCL
CALL
ROYAL CARIBBEAN...
|
CALL Option | 0.68% | 0.90% |
#27
13
Prev: #14
|
1.3 | no change | no change |
P
S
|
357,000 | $99,574,440 | 2017 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EWC
PUT
ISHARES INC
|
PUT Option | 0.67% | 0.55% |
#28
2
Prev: #26
|
2.8 | 400,000 | 28.6% |
P
S
|
1,800,000 | $97,074,000 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RDDT
PUT
REDDIT INC
|
PUT Option | 0.63% | 0.64% |
#29
4
Prev: #25
|
2.3 | 42,900 | 11.9% |
P
S
|
402,300 | $92,476,701 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GEV
PUT
GE VERNOVA INC
|
PUT Option | 0.62% | 0.07% |
#30
290
Prev: #320
|
3.2 | 125,200 | 894.3% |
P
S
|
139,200 | $90,976,944 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ORCL
PUT
ORACLE CORP
|
PUT Option | 0.60% | 0.25% |
#31
52
Prev: #83
|
3.2 | 334,200 | 290.6% |
P
S
|
449,200 | $87,553,572 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COF
CALL
CAPITAL ONE FIN...
|
CALL Option | 0.58% | 0.26% |
#32
47
Prev: #79
|
3.2 | 191,700 | 123.0% |
P
S
|
347,500 | $84,220,100 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
PUT
NETFLIX INC
|
PUT Option | 0.54% | — |
#33
Prev: #—
|
3.7 | 846,200 | no change |
NEW
|
846,200 | $79,339,712 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
UTHR
PUT
UNITED THERAPEU...
|
PUT Option | 0.53% | 1.01% |
#34
23
Prev: #11
|
0.2 | -150,000 | -48.4% |
P
S
|
159,800 | $77,862,550 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COIN
CALL
COINBASE GLOBAL...
|
CALL Option | 0.52% | 0.74% |
#35
14
Prev: #21
|
2.2 | 55,000 | 19.6% |
P
S
|
335,000 | $75,756,900 | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JNJ
PUT
JOHNSON & JOHNS...
|
PUT Option | 0.51% | — |
#36
Prev: #—
|
3.7 | 362,300 | no change |
NEW
|
362,300 | $74,977,985 | 2022 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NVDA
CALL
NVIDIA CORPORAT...
|
CALL Option | 0.51% | — |
#37
Prev: #—
|
3.7 | 396,000 | no change |
NEW
|
396,000 | $73,854,000 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CLS
CALL
CELESTICA INC
|
CALL Option | 0.50% | 0.14% |
#38
119
Prev: #157
|
3.2 | 174,500 | 235.8% |
P
S
|
248,500 | $73,459,085 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CZR
CALL
CAESARS ENTERTA...
|
CALL Option | 0.50% | 0.17% |
#39
91
Prev: #130
|
3.2 | 2,310,000 | 288.8% |
P
S
|
3,110,000 | $72,742,900 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NFLX
NETFLIX INC
|
ETF | 0.49% | — |
#40
Prev: #—
|
3.7 | 760,100 | no change |
NEW
|
760,100 | $71,266,976 | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ASTS
CALL
AST SPACEMOBILE...
|
CALL Option | 0.47% | 0.19% |
#41
71
Prev: #112
|
3.2 | 444,400 | 89.6% |
P
S
|
940,500 | $68,308,515 | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CDTX
CALL
CIDARA THERAPEU...
|
CALL Option | 0.45% | — |
#42
Prev: #—
|
3.7 | 300,000 | no change |
NEW
|
300,000 | $66,267,000 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WULF
CALL
TERAWULF INC
|
CALL Option | 0.45% | 0.52% |
#43
14
Prev: #29
|
0.7 | -219,000 | -3.7% |
P
S
|
5,664,600 | $65,086,254 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NET
CALL
CLOUDFLARE INC
|
CALL Option | 0.44% | 0.50% |
#44
12
Prev: #32
|
2.2 | 32,000 | 10.8% |
P
S
|
329,000 | $64,862,350 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LLY
PUT
ELI LILLY & CO
|
PUT Option | 0.44% | — |
#45
Prev: #—
|
3.7 | 59,900 | no change |
NEW
|
59,900 | $64,373,332 | 2018 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
W
CALL
WAYFAIR INC
|
CALL Option | 0.44% | 0.38% |
#46
1
Prev: #47
|
2.2 | 100,000 | 18.5% |
P
S
|
640,000 | $64,262,400 | 2018 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MRVL
PUT
MARVELL TECHNOL...
|
PUT Option | 0.44% | 0.13% |
#47
124
Prev: #171
|
3.2 | 550,000 | 275.0% |
P
S
|
750,000 | $63,735,000 | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GOOGL
PUT
ALPHABET INC
|
PUT Option | 0.43% | 0.28% |
#48
21
Prev: #69
|
2.7 | 50,000 | 33.3% |
P
S
|
200,000 | $62,600,000 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KNSA
CALL
KINIKSA PHARMAC...
|
CALL Option | 0.42% | 0.15% |
#49
98
Prev: #147
|
3.2 | 987,900 | 196.6% |
P
S
|
1,490,500 | $61,483,125 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EOSE
CALL
EOS ENERGY ENTE...
|
CALL Option | 0.41% | 0.33% |
#50
6
Prev: #56
|
2.7 | 1,507,900 | 41.0% |
P
S
|
5,188,400 | $59,459,064 | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 2182 holdings