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 |
|---|---|---|---|---|---|
| 501 | AMANTERO MIDSTREAM CORP | 184,500 | $3.3B | 22.51% | Call |
| 502 | MEGMONTROSE ENVIRONMENTAL GROUP | 131,000 | $3.3B | 22.30% | Put |
| 503 | DVDOUBLEVERIFY HLDGS INC | 282,059 | $3.2B | 22.12% | Put |
| 504 | ALAIR LEASE CORP | 50,000 | $3.2B | 22.02% | Call |
| 505 | ACADACADIA PHARMACEUTICALS INC | 120,000 | $3.2B | 21.98% | Put |
| 506 | PATHUIPATH INC | 195,000 | $3.2B | 21.91% | Call |
| 507 | TBCHTURTLE BEACH CORP | 227,566 | $3.2B | 21.89% | Put |
| 508 | AAALCOA CORP | 60,000 | $3.2B | 21.86% | Put |
| 509 | HONHONEYWELL INTL INC | 16,000 | $3.1B | 21.40% | Call |
| 510 | FNVFRANCO NEV CORP | 15,000 | $3.1B | 21.32% | Call |
| 511 | VNDAVANDA PHARMACEUTICALS INC | 349,300 | $3.1B | 21.12% | Call |
| 512 | HTZHERTZ GLOBAL HLDGS INC | 594,100 | $3.1B | 20.94% | Put |
| 513 | WRBYWARBY PARKER INC | 139,900 | $3.0B | 20.90% | Put |
| 514 | KWRQUAKER HOUGHTON | 22,000 | $3.0B | 20.71% | Call |
| 515 | BURBURFORD CAP LTD | 334,300 | $3.0B | 20.44% | Put |
| 516 | BPBP PLC | 85,491 | $3.0B | 20.36% | |
| 517 | NAMSNEWAMSTERDAM PHARMA COMPANY | 84,528 | $3.0B | 20.33% | Put |
| 518 | LEGNLEGEND BIOTECH CORP | 135,000 | $2.9B | 20.12% | Put |
| 519 | PODDINSULET CORP | 10,200 | $2.9B | 19.87% | Put |
| 520 | HLTHILTON WORLDWIDE HLDGS INC | 10,000 | $2.9B | 19.69% | Call |
| 521 | SUPNSUPERNUS PHARMACEUTICALS INC | 57,700 | $2.9B | 19.66% | Call |
| 522 | BAXBAXTER INTL INC | 150,000 | $2.9B | 19.65% | Call |
| 523 | GRNDGRINDR INC | 211,163 | $2.9B | 19.60% | Put |
| 524 | RIVNRIVIAN AUTOMOTIVE INC | 145,000 | $2.9B | 19.59% | Call |
| 525 | INFYINFOSYS LTD | 160,000 | $2.9B | 19.55% | Put |
| 526 | TRIPTRIPADVISOR INC | 195,541 | $2.8B | 19.52% | Call |
| 527 | ROCKGIBRALTAR INDS INC | 57,500 | $2.8B | 19.49% | Put |
| 528 | BNEDBARNES & NOBLE ED INC | 304,706 | $2.8B | 19.19% | Put |
| 529 | IRDMIRIDIUM COMMUNICATIONS INC | 160,000 | $2.8B | 19.06% | Put |
| 530 | CAMTCAMTEK LTD | 26,000 | $2.8B | 18.95% | Put |
| 531 | IPINTERNATIONAL PAPER CO | 70,000 | $2.8B | 18.91% | |
| 532 | NTRANATERA INC | 12,000 | $2.7B | 18.85% | |
| 533 | TIPTTIPTREE INC | 150,000 | $2.7B | 18.79% | Put |
| 534 | G3VGREEN PLAINS INC | 279,000 | $2.7B | 18.75% | Put |
| 535 | CDZICADIZ INC | 487,345 | $2.7B | 18.74% | Call |
| 536 | BITFBITFARMS LTD | 1,154,200 | $2.7B | 18.60% | Call |
| 537 | VSCOVICTORIAS SECRET AND CO | 50,000 | $2.7B | 18.57% | Call |
| 538 | TSHATAYSHA GENE THERAPIES INC | 490,700 | $2.7B | 18.50% | Call |
| 539 | FUNSIX FLAGS ENTERTAINMENT CORP | 175,572 | $2.7B | 18.46% | Put |
| 540 | CCCHEMOURS CO | 228,300 | $2.7B | 18.45% | Call |
| 541 | HOGHARLEY DAVIDSON INC | 131,200 | $2.7B | 18.43% | Put |
| 542 | FIPFTAI INFRASTRUCTURE INC | 582,494 | $2.7B | 18.41% | Call |
| 543 | RHCRH PLC | 21,402 | $2.7B | 18.31% | |
| 544 | GTMZOOMINFO TECHNOLOGIES INC | 262,484 | $2.7B | 18.30% | Put |
| 545 | YETIYETI HLDGS INC | 59,315 | $2.6B | 17.96% | Call |
| 546 | YUMCYUM CHINA HLDGS INC | 54,600 | $2.6B | 17.87% | |
| 547 | PINSPINTEREST INC | 100,000 | $2.6B | 17.75% | Call |
| 548 | YOUCLEAR SECURE INC | 73,360 | $2.6B | 17.64% | Put |
| 549 | AWCAMERICAN WTR WKS CO INC NEW | 19,700 | $2.6B | 17.62% | Call |
| 550 | SONYSONY GROUP CORP | 100,000 | $2.6B | 17.55% | Put |
| 551 | IMSRTERRESTRIAL ENERGY INC | 418,800 | $2.6B | 17.54% | Put |
| 552 | QSQUANTUMSCAPE CORP | 242,100 | $2.5B | 17.29% | |
| 553 | MURMURPHY OIL CORP | 80,000 | $2.5B | 17.14% | Call |
| 554 | INBXINHIBRX BIOSCIENCES INC | 31,600 | $2.5B | 17.12% | Call |
| 555 | ALABASTERA LABS INC | 15,000 | $2.5B | 17.11% | Put |
| 556 | ZURAZURA BIO LTD | 473,936 | $2.5B | 17.03% | Put |
| 557 | DEAEASTERLY GOVT PPTYS INC | 116,800 | $2.5B | 16.97% | Call |
| 558 | ANNXANNEXON INC | 489,191 | $2.5B | 16.83% | Put |
| 559 | AHCOADAPTHEALTH CORP | 245,776 | $2.4B | 16.78% | Call |
| 560 | NEENEXTERA ENERGY INC | 30,000 | $2.4B | 16.51% | Call |
| 561 | DISDISNEY WALT CO | 20,700 | $2.4B | 16.15% | Call |
| 562 | PSAPUBLIC STORAGE OPER CO | 9,000 | $2.3B | 16.01% | Call |
| 563 | DAWNDAY ONE BIOPHARMACEUTICALS I | 250,000 | $2.3B | 15.98% | Put |
| 564 | LUVSOUTHWEST AIRLS CO | 56,275 | $2.3B | 15.94% | |
| 565 | PFGCPERFORMANCE FOOD GROUP CO | 25,800 | $2.3B | 15.90% | Call |
| 566 | MUXMCEWEN INC. | 125,000 | $2.3B | 15.86% | Call |
| 567 | GVAGRANITE CONSTR INC | 20,000 | $2.3B | 15.81% | Put |
| 568 | PAYOPAYONEER GLOBAL INC | 410,000 | $2.3B | 15.80% | |
| 569 | DCODUCOMMUN INC DEL | 24,159 | $2.3B | 15.75% | Call |
| 570 | AAOIAPPLIED OPTOELECTRONICS INC | 65,000 | $2.3B | 15.53% | Call |
| 571 | INSGINSEEGO CORP | 219,038 | $2.2B | 15.42% | Put |
| 572 | ACVAACV AUCTIONS INC | 279,800 | $2.2B | 15.38% | Call |
| 573 | GLWCORNING INC | 25,000 | $2.2B | 15.01% | Call |
| 574 | CRMLCRITICAL METALS CORP | 791,316 | $2.2B | 14.81% | |
| 575 | VFCV F CORP | 116,900 | $2.1B | 14.49% | |
| 576 | ARMARM HOLDINGS PLC | 19,250 | $2.1B | 14.43% | Put |
| 577 | AREALEXANDRIA REAL ESTATE EQ IN | 42,664 | $2.1B | 14.30% | Put |
| 578 | USARUSA RARE EARTH INC | 175,000 | $2.1B | 14.28% | Put |
| 579 | FLNCFLUENCE ENERGY INC | 105,000 | $2.1B | 14.24% | Call |
| 580 | LMBLIMBACH HLDGS INC | 26,400 | $2.1B | 14.09% | Call |
| 581 | STNGSCORPIO TANKERS INC | 40,360 | $2.0B | 14.06% | Call |
| 582 | ALKALASKA AIR GROUP INC | 40,500 | $2.0B | 13.97% | Call |
| 583 | CECELANESE CORP DEL | 46,800 | $2.0B | 13.56% | Call |
| 584 | PLPLANET LABS PBC | 100,000 | $2.0B | 13.52% | Call |
| 585 | CPRICAPRI HOLDINGS LIMITED | 80,599 | $2.0B | 13.48% | Call |
| 586 | ACIALBERTSONS COS INC | 114,054 | $2.0B | 13.43% | Call |
| 587 | CPBTHE CAMPBELLS COMPANY | 70,000 | $1.9B | 13.37% | Call |
| 588 | MFAMFA FINL INC | 208,796 | $1.9B | 13.32% | Put |
| 589 | ANDEANDERSONS INC | 36,400 | $1.9B | 13.27% | |
| 590 | —NIOCORP DEVS LTD | 360,000 | $1.9B | 13.08% | Put |
| 591 | KALVKALVISTA PHARMACEUTICALS INC | 117,907 | $1.9B | 13.06% | |
| 592 | INDIINDIE SEMICONDUCTOR INC | 536,600 | $1.9B | 12.98% | Call |
| 593 | UWMCUWM HOLDINGS CORPORATION | 429,998 | $1.9B | 12.90% | Put |
| 594 | GILGILDAN ACTIVEWEAR INC | 29,840 | $1.9B | 12.78% | |
| 595 | STLDSTEEL DYNAMICS INC | 11,000 | $1.9B | 12.78% | |
| 596 | JAZZJAZZ PHARMACEUTICALS PLC | 10,747 | $1.8B | 12.52% | |
| 597 | CRONCRONOS GROUP INC | 690,561 | $1.8B | 12.45% | Put |
| 598 | MATMATTEL INC | 90,000 | $1.8B | 12.24% | |
| 599 | SMGSCOTTS MIRACLE-GRO CO | 30,218 | $1.8B | 12.09% | |
| 600 | DOWDOW INC | 75,128 | $1.8B | 12.04% | Put |