Caption Management, LLC Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$14.6B
Holdings
904
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (904 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 401 | FIVEFIVE BELOW INC | 27,400 | $5.2B | 35.38% | Put |
| 402 | WVEWAVE LIFE SCIENCES LTD | 303,600 | $5.2B | 35.38% | Put |
| 403 | XRTSPDR SERIES TRUST | 59,900 | $5.1B | 35.02% | Put |
| 404 | ETSYETSY INC | 92,000 | $5.1B | 34.97% | Put |
| 405 | BGBUNGE GLOBAL SA | 57,200 | $5.1B | 34.94% | Call |
| 406 | STAASTAAR SURGICAL CO | 219,400 | $5.1B | 34.73% | Put |
| 407 | EWTXEDGEWISE THERAPEUTICS INC | 203,300 | $5.0B | 34.59% | Put |
| 408 | HIMSHIMS & HERS HEALTH INC | 155,000 | $5.0B | 34.51% | Put |
| 409 | FIVNFIVE9 INC | 250,874 | $5.0B | 34.49% | Put |
| 410 | NBIXNEUROCRINE BIOSCIENCES INC | 35,000 | $5.0B | 34.04% | Call |
| 411 | STWDSTARWOOD PPTY TR INC | 275,118 | $5.0B | 33.97% | Put |
| 412 | CPNGCOUPANG INC | 210,000 | $5.0B | 33.96% | Call |
| 413 | TDTORONTO DOMINION BK ONT | 52,015 | $4.9B | 33.59% | Put |
| 414 | COLDAMERICOLD REALTY TRUST INC | 380,000 | $4.9B | 33.51% | Put |
| 415 | CAVACAVA GROUP INC | 82,700 | $4.9B | 33.28% | Put |
| 416 | OIIOCEANEERING INTL INC | 196,600 | $4.7B | 32.39% | Put |
| 417 | PHMPULTE GROUP INC | 40,000 | $4.7B | 32.16% | Call |
| 418 | DSGNDESIGN THERAPEUTICS INC | 500,000 | $4.7B | 32.16% | Call |
| 419 | LYVLIVE NATION ENTERTAINMENT IN | 32,759 | $4.7B | 32.01% | Call |
| 420 | LODECOMSTOCK INC | 1,234,999 | $4.6B | 31.84% | Call |
| 421 | PGENPRECIGEN INC | 1,100,000 | $4.6B | 31.53% | Call |
| 422 | SLGSL GREEN RLTY CORP | 100,000 | $4.6B | 31.45% | Call |
| 423 | JBIOJADE BIOSCIENCES INC | 297,095 | $4.6B | 31.43% | |
| 424 | JBSJBS N.V. | 318,000 | $4.6B | 31.43% | Call |
| 425 | TFXTELEFLEX INCORPORATED | 37,500 | $4.6B | 31.37% | Put |
| 426 | PPTAPERPETUA RESOURCES CORP | 188,600 | $4.6B | 31.31% | Call |
| 427 | GXOGXO LOGISTICS INCORPORATED | 85,000 | $4.5B | 30.68% | Call |
| 428 | HOLXHOLOGIC INC | 59,937 | $4.5B | 30.60% | Put |
| 429 | TROXTRONOX HOLDINGS PLC | 1,063,392 | $4.4B | 30.41% | Call |
| 430 | CNTACENTESSA PHARMACEUTICALS PLC | 172,900 | $4.3B | 29.64% | Put |
| 431 | PGPROCTER AND GAMBLE CO | 30,000 | $4.3B | 29.48% | Call |
| 432 | SGMLSIGMA LITHIUM CORPORATION | 325,100 | $4.3B | 29.40% | Call |
| 433 | MANUMANCHESTER UTD PLC NEW | 269,279 | $4.3B | 29.39% | Put |
| 434 | LRCXLAM RESEARCH CORP | 25,000 | $4.3B | 29.34% | Call |
| 435 | BYDBOYD GAMING CORP | 50,000 | $4.3B | 29.23% | Call |
| 436 | BXPBXP INC | 63,000 | $4.3B | 29.14% | Put |
| 437 | KBESPDR SERIES TRUST | 70,000 | $4.2B | 29.13% | |
| 438 | OKLOOKLO INC | 59,200 | $4.2B | 29.13% | Put |
| 439 | RLAYRELAY THERAPEUTICS INC | 500,100 | $4.2B | 29.01% | Call |
| 440 | STUBSTUBHUB HLDGS INC | 312,526 | $4.2B | 28.99% | Put |
| 441 | SHOOMADDEN STEVEN LTD | 100,000 | $4.2B | 28.55% | Put |
| 442 | PCVXVAXCYTE INC | 90,000 | $4.2B | 28.47% | Put |
| 443 | IMCRIMMUNOCORE HLDGS PLC | 119,384 | $4.1B | 28.41% | Put |
| 444 | CMTGCLAROS MTG TR INC | 1,340,000 | $4.1B | 28.12% | Call |
| 445 | FORRFORRESTER RESH INC | 504,834 | $4.1B | 28.11% | Put |
| 446 | ANFABERCROMBIE & FITCH CO | 32,500 | $4.1B | 28.05% | Put |
| 447 | AEOAMERICAN EAGLE OUTFITTERS IN | 154,900 | $4.1B | 28.00% | Call |
| 448 | RGRSTURM RUGER & CO INC | 125,000 | $4.1B | 27.98% | Put |
| 449 | ARCBARCBEST CORP | 55,000 | $4.1B | 27.98% | Call |
| 450 | PSXPHILLIPS 66 | 31,200 | $4.0B | 27.61% | Call |
| 451 | GEFGREIF INC | 59,457 | $4.0B | 27.60% | Put |
| 452 | CHWYCHEWY INC | 119,200 | $3.9B | 27.01% | Put |
| 453 | CYRXCRYOPORT INC | 410,204 | $3.9B | 27.00% | Put |
| 454 | WOLFWOLFSPEED INC | 226,076 | $3.9B | 26.98% | Put |
| 455 | ZBIOZENAS BIOPHARMA INC | 107,700 | $3.9B | 26.81% | Put |
| 456 | VLYVALLEY NATL BANCORP | 333,000 | $3.9B | 26.67% | Put |
| 457 | FFORD MTR CO | 295,000 | $3.9B | 26.54% | |
| 458 | JHXJAMES HARDIE INDS PLC | 186,000 | $3.9B | 26.46% | Call |
| 459 | UPWKUPWORK INC | 193,826 | $3.8B | 26.33% | Put |
| 460 | TERNTERNS PHARMACEUTICALS INC | 94,600 | $3.8B | 26.20% | Call |
| 461 | VERXVERTEX INC | 191,159 | $3.8B | 26.17% | Call |
| 462 | GSBDGOLDMAN SACHS BDC INC | 409,644 | $3.8B | 26.06% | Call |
| 463 | ETENERGY TRANSFER L P | 227,500 | $3.8B | 25.72% | Call |
| 464 | GDDYGODADDY INC | 30,000 | $3.7B | 25.52% | Put |
| 465 | MARAMARA HOLDINGS INC | 414,500 | $3.7B | 25.52% | Put |
| 466 | RAPTRAPT THERAPEUTICS INC | 109,500 | $3.7B | 25.43% | Call |
| 467 | NTGRNETGEAR INC | 150,219 | $3.7B | 25.26% | Put |
| 468 | CSIQCANADIAN SOLAR INC | 154,900 | $3.7B | 25.24% | Call |
| 469 | ABBVABBVIE INC | 16,100 | $3.7B | 25.22% | |
| 470 | KRMNKARMAN HLDGS INC | 50,000 | $3.7B | 25.08% | Call |
| 471 | FISVFISERV INC | 54,400 | $3.7B | 25.05% | Call |
| 472 | AWMSKYWORKS SOLUTIONS INC | 57,500 | $3.6B | 25.00% | Call |
| 473 | ASMBASSEMBLY BIOSCIENCES INC | 106,591 | $3.6B | 24.86% | |
| 474 | NWPXNWPX INFRASTRUCTURE INC | 57,877 | $3.6B | 24.80% | Call |
| 475 | CCKCROWN HLDGS INC | 35,000 | $3.6B | 24.71% | Call |
| 476 | DECKDECKERS OUTDOOR CORP | 34,500 | $3.6B | 24.52% | Call |
| 477 | DBRGDIGITALBRIDGE GROUP INC | 233,142 | $3.6B | 24.52% | Put |
| 478 | APPFAPPFOLIO INC | 15,300 | $3.6B | 24.41% | Put |
| 479 | PAASPAN AMERN SILVER CORP | 68,400 | $3.5B | 24.30% | Call |
| 480 | KNXKNIGHT-SWIFT TRANSN HLDGS IN | 67,700 | $3.5B | 24.26% | Put |
| 481 | EROERO COPPER CORP | 125,000 | $3.5B | 24.25% | Call |
| 482 | GAPGAP INC | 138,000 | $3.5B | 24.22% | Put |
| 483 | GRPNGROUPON INC | 200,000 | $3.5B | 24.15% | Call |
| 484 | CRNXCRINETICS PHARMACEUTICALS IN | 75,100 | $3.5B | 23.97% | Call |
| 485 | NWLNEWELL BRANDS INC | 935,087 | $3.5B | 23.85% | Call |
| 486 | GTGOODYEAR TIRE & RUBR CO | 393,734 | $3.4B | 23.65% | Call |
| 487 | ANETARISTA NETWORKS INC | 26,300 | $3.4B | 23.62% | Put |
| 488 | EWYISHARES INC | 35,400 | $3.4B | 23.59% | Call |
| 489 | TOLTOLL BROTHERS INC | 25,400 | $3.4B | 23.55% | Call |
| 490 | AIGAMERICAN INTL GROUP INC | 40,000 | $3.4B | 23.47% | Put |
| 491 | ONDSONDAS HLDGS INC | 350,000 | $3.4B | 23.42% | Call |
| 492 | CAICARIS LIFE SCIENCES INC | 125,888 | $3.4B | 23.28% | Put |
| 493 | CTRACOTERRA ENERGY INC | 128,700 | $3.4B | 23.23% | Call |
| 494 | ELVELEVANCE HEALTH INC FORMERLY | 9,650 | $3.4B | 23.19% | Put |
| 495 | RGTIWRIGETTI COMPUTING INC | 302,256 | $3.4B | 23.02% | |
| 496 | TPCTUTOR PERINI CORP | 50,000 | $3.4B | 22.97% | Put |
| 497 | SSRMSSR MINING IN | 151,800 | $3.3B | 22.81% | Call |
| 498 | FLEXFLEX LTD | 55,000 | $3.3B | 22.79% | |
| 499 | OLEDUNIVERSAL DISPLAY CORP | 28,300 | $3.3B | 22.66% | Call |
| 500 | AMANTERO MIDSTREAM CORP | 184,500 | $3.3B | 22.51% | Call |