Caption Management, LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$9.0B

Holdings

826

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (826 positions)

#StockSharesValue% PortfolioType
1
CVNACARVANA CO
1,502,400$506.2B5603.36%Put
2
INTUINTUIT
501,400$394.9B4371.11%Put
3
FSLRFIRST SOLAR INC
1,429,200$236.6B2618.67%Put
4
TSLATESLA INC
600,000$190.6B2109.59%Put
5
JNPJUNIPER NETWORKS INC
4,321,300$172.5B1909.85%Put
6
APPAPPLOVIN CORP
335,000$117.3B1298.07%Call
7
RCLROYAL CARIBBEAN GROUP
357,000$111.8B1237.35%Call
8
TSMTAIWAN SEMICONDUCTOR MFG LTD
386,258$87.5B968.30%Put
9
ABGCENCORA INC
281,500$84.4B934.26%Put
10
GOOGALPHABET INC
472,597$83.8B927.91%Put
11
CRWVCOREWEAVE INC
512,000$83.5B924.06%Put
12
IM8NINSMED INC
827,228$83.3B921.47%Put
13
NETCLOUDFLARE INC
403,000$78.9B873.51%Put
14
SLNOSOLENO THERAPEUTICS INC
926,187$77.6B858.86%Put
15
RUNSUNRUN INC
9,485,000$77.6B858.77%Put
16
RDDTREDDIT INC
501,900$75.6B836.45%Put
17
TKOTKO GROUP HOLDINGS INC
409,600$74.5B824.89%Put
18
HUMHUMANA INC
297,700$72.8B805.58%Put
19
GILDGILEAD SCIENCES INC
655,600$72.7B804.52%Put
20
VRSNVERISIGN INC
249,754$72.1B798.35%Put
21
ETENERGY TRANSFER L P
3,923,800$71.1B787.39%Put
22
MAMASTERCARD INCORPORATED
117,400$66.0B730.20%Put
23
RAREULTRAGENYX PHARMACEUTICAL IN
1,707,500$62.1B687.18%Put
24
ARGXARGENX SE
107,100$59.0B653.43%Put
25
ORCLORACLE CORP
263,000$57.5B636.43%Put
26
FISVFISERV INC
329,800$56.9B629.36%Put
27
CLSCELESTICA INC
363,957$56.8B628.88%Put
28
SMCISUPER MICRO COMPUTER INC
1,086,000$53.2B589.11%Call
29
ABNBAIRBNB INC
402,000$53.2B588.85%Call
30
SCHWSCHWAB CHARLES CORP
565,000$51.6B570.58%Put
31
CORZCORE SCIENTIFIC INC NEW
3,003,386$51.3B567.45%Put
32
NEENEXTERA ENERGY INC
709,200$49.2B544.93%Put
33
NSYNICE LTD
288,816$48.8B539.96%Put
34
BOOTBOOT BARN HLDGS INC
318,000$48.3B535.00%Call
35
REGNREGENERON PHARMACEUTICALS
91,200$47.9B529.95%Put
36
CCOCAMECO CORP
628,780$46.7B516.61%Put
37
XOMEXXON MOBIL CORP
420,500$45.3B501.73%Put
38
KELKELLANOVA
569,781$45.3B501.56%Put
39
PANWPALO ALTO NETWORKS INC
219,000$44.8B496.04%Put
40
GDGENERAL DYNAMICS CORP
153,465$44.8B495.42%Put
41
NTRSNORTHERN TR CORP
342,000$43.4B479.95%Put
42
ENPHENPHASE ENERGY INC
1,089,035$43.2B477.94%Put
43
EOSEEOS ENERGY ENTERPRISES INC
7,978,500$40.8B452.14%Put
44
WBAWALGREENS BOOTS ALLIANCE INC
3,379,500$38.8B429.42%Put
45
MGNIMAGNITE INC
1,587,000$38.3B423.68%Call
46
CMCANADIAN IMPERIAL BK COMM
539,352$38.2B422.84%Put
47
KNSAKINIKSA PHARMACEUTICALS INTL
1,372,500$38.0B420.35%Put
48
LDOSLEIDOS HOLDINGS INC
240,529$37.9B420.00%Put
49
UTHUNITED THERAPEUTICS CORP DEL
131,500$37.8B418.24%Put
50
MRKMERCK & CO INC
475,900$37.7B416.97%Put
51
SMRNUSCALE PWR CORP
940,900$37.2B411.99%Call
52
WWAYFAIR INC
725,000$37.1B410.38%Put
53
GOOGLALPHABET INC
207,900$36.6B405.53%Put
54
BRBRBELLRING BRANDS INC
614,000$35.6B393.69%Call
55
FLRFLUOR CORP NEW
690,908$35.4B392.07%Put
56
AMEDAMEDISYS INC
349,400$34.4B380.50%Put
57
ACLXARCELLX INC
520,356$34.3B379.26%Put
58
BBWIBATH & BODY WORKS INC
1,142,191$34.2B378.76%Put
59
CELHCELSIUS HLDGS INC
713,000$33.1B366.10%Put
60
RHRH
165,231$31.2B345.67%Put
61
AMKRAMKOR TECHNOLOGY INC
1,483,334$31.1B344.62%Put
62
GRPNGROUPON INC
928,482$31.1B343.76%Put
63
DPZDOMINOS PIZZA INC
68,400$30.8B341.14%Put
64
ASTSAST SPACEMOBILE INC
656,300$30.7B339.46%Put
65
PEGAPEGASYSTEMS INC
565,100$30.6B338.57%Call
66
HSICHENRY SCHEIN INC
418,000$30.5B337.97%Put
67
DAVEDAVE INC
112,900$30.3B335.41%Call
68
BHVNBIOHAVEN LTD
2,143,861$30.2B334.82%Put
69
CDTXCIDARA THERAPEUTICS INC
608,900$29.7B328.28%Put
70
GGALGRUPO FINANCIERO GALICIA S.A
581,408$29.3B324.27%Put
71
QUREUNIQURE NV
2,018,511$28.1B311.44%Put
72
IMCRIMMUNOCORE HLDGS PLC
866,703$27.2B301.03%Put
73
JAZZJAZZ PHARMACEUTICALS PLC
256,200$27.2B300.93%Call
74
EXEEXPAND ENERGY CORPORATION
230,414$26.9B298.23%Put
75
ISIIONIS PHARMACEUTICALS INC
680,700$26.9B297.68%Put
76
MTXMINERALS TECHNOLOGIES INC
480,000$26.4B292.58%Put
77
OSCROSCAR HEALTH INC
1,223,200$26.2B290.27%Put
78
PGPROCTER AND GAMBLE CO
163,200$26.0B287.79%Put
79
CVSCVS HEALTH CORP
372,400$25.7B284.33%Put
80
XLESELECT SECTOR SPDR TR
300,000$25.4B281.61%Call
81
ROIVROIVANT SCIENCES LTD
2,256,661$25.4B281.50%Call
82
MLTXMOONLAKE IMMUNOTHERAPEUTICS
530,369$25.0B277.08%Put
83
HOODROBINHOOD MKTS INC
265,900$24.9B275.56%Put
84
VRTVERTIV HOLDINGS CO
193,150$24.8B274.52%Put
85
EX9EXELIXIS INC
557,740$24.6B272.09%Put
86
TAT&T INC
821,600$23.8B263.17%Put
87
ANFABERCROMBIE & FITCH CO
284,500$23.6B260.89%Put
88
NEMNEWMONT CORP
402,500$23.4B259.55%Call
89
DKSDICKS SPORTING GOODS INC
118,100$23.4B258.57%Put
90
SRRKSCHOLAR ROCK HLDG CORP
655,500$23.2B256.98%Put
91
CZRCAESARS ENTERTAINMENT INC NE
800,000$22.7B251.39%Call
92
IRONDISC MEDICINE INC
426,300$22.6B249.89%Call
93
SMMTSUMMIT THERAPEUTICS INC
1,056,655$22.5B248.88%Put
94
ONONON HLDG AG
430,000$22.4B247.73%Call
95
JANXJANUX THERAPEUTICS INC
957,712$22.1B244.87%Put
96
SESEA LTD
137,500$22.0B243.41%Call
97
IRENIREN LIMITED
1,492,900$21.8B240.75%Put
98
MPMP MATERIALS CORP
645,500$21.5B237.70%Put
99
AKROAKERO THERAPEUTICS INC
401,038$21.4B236.86%Put
100
UNHUNITEDHEALTH GROUP INC
66,900$20.9B231.01%Put
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