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 |
|---|---|---|---|---|---|
| 701 | SUNSSUNRISE RLTY TR INC | 100,000 | $943.0M | 6.47% | Call |
| 702 | ARHSARHAUS INC | 83,640 | $937.0M | 6.43% | Put |
| 703 | ALLTALLOT LTD | 95,394 | $937.0M | 6.43% | |
| 704 | DUKDUKE ENERGY CORP NEW | 7,900 | $925.0M | 6.34% | |
| 705 | NEXTNEXTDECADE CORP | 175,000 | $922.0M | 6.32% | Call |
| 706 | TJXTJX COS INC NEW | 6,000 | $921.0M | 6.32% | |
| 707 | AALAMERICAN AIRLS GROUP INC | 60,000 | $919.0M | 6.30% | |
| 708 | TLPHTALPHERA INC | 799,600 | $911.0M | 6.25% | Call |
| 709 | ARDXARDELYX INC | 156,200 | $910.0M | 6.24% | Call |
| 710 | CLMTCALUMET INC | 45,457 | $902.0M | 6.19% | Call |
| 711 | UAAUNDER ARMOUR INC | 181,499 | $901.0M | 6.18% | Put |
| 712 | DARDARLING INGREDIENTS INC | 25,000 | $900.0M | 6.17% | |
| 713 | —RAMACO RES INC | 50,000 | $900.0M | 6.17% | Call |
| 714 | PLYMPLYMOUTH INDL REIT INC | 40,200 | $879.0M | 6.03% | Call |
| 715 | VOYGVOYAGER TECHNOLOGIES INC | 33,500 | $875.0M | 6.00% | Call |
| 716 | RGNXREGENXBIO INC | 60,000 | $864.0M | 5.92% | Put |
| 717 | GOGOGOGO INC | 185,000 | $862.0M | 5.91% | Call |
| 718 | JMIAJUMIA TECHNOLOGIES AG | 68,000 | $848.0M | 5.82% | Call |
| 719 | PEBPEBBLEBROOK HOTEL TR | 75,000 | $848.0M | 5.82% | Put |
| 720 | NAKNORTHERN DYNASTY MINERALS LT | 430,000 | $846.0M | 5.80% | Call |
| 721 | TWOTWO HBRS INVT CORP | 80,000 | $840.0M | 5.76% | Call |
| 722 | RZLTREZOLUTE INC | 344,000 | $811.0M | 5.56% | Call |
| 723 | POWLPOWELL INDS INC | 2,500 | $796.0M | 5.46% | |
| 724 | MBXMBX BIOSCIENCES INC | 25,100 | $791.0M | 5.42% | Call |
| 725 | BCRXBIOCRYST PHARMACEUTICALS INC | 100,000 | $780.0M | 5.35% | Put |
| 726 | OPENZOPENDOOR TECHNOLOGIES INC | 1,941,413 | $775.0M | 5.31% | |
| 727 | TTDTHE TRADE DESK INC | 20,000 | $759.0M | 5.20% | Put |
| 728 | IMNMIMMUNOME INC | 35,300 | $757.0M | 5.19% | Put |
| 729 | TDOCTELADOC HEALTH INC | 107,599 | $753.0M | 5.16% | Call |
| 730 | AQSTAQUESTIVE THERAPEUTICS INC | 115,900 | $748.0M | 5.13% | Call |
| 731 | DMLDENISON MINES CORP | 281,400 | $747.0M | 5.12% | Call |
| 732 | HAFNHAFNIA LTD | 139,812 | $744.0M | 5.10% | Put |
| 733 | SBLKSTAR BULK CARRIERS CORP. | 38,638 | $742.0M | 5.09% | Put |
| 734 | TGENTECOGEN INC NEW | 150,000 | $741.0M | 5.08% | Call |
| 735 | RGLDROYAL GOLD INC | 3,302 | $734.0M | 5.03% | |
| 736 | MTRNMATERION CORP | 5,800 | $721.0M | 4.94% | |
| 737 | PRGSPROGRESS SOFTWARE CORP | 16,700 | $717.0M | 4.92% | |
| 738 | NTSKNETSKOPE INC | 40,900 | $717.0M | 4.92% | Call |
| 739 | SESEA LTD | 5,600 | $714.0M | 4.90% | |
| 740 | KDKYNDRYL HLDGS INC | 26,000 | $690.0M | 4.73% | Put |
| 741 | VTYXVENTYX BIOSCIENCES INC | 76,400 | $688.0M | 4.72% | Put |
| 742 | DOCNDIGITALOCEAN HLDGS INC | 14,250 | $684.0M | 4.69% | Call |
| 743 | UPSUNITED PARCEL SERVICE INC | 6,825 | $676.0M | 4.64% | |
| 744 | WYFIWHITEFIBER INC | 42,500 | $671.0M | 4.60% | Call |
| 745 | LXULSB INDS INC | 78,935 | $670.0M | 4.59% | |
| 746 | BNTXBIONTECH SE | 7,000 | $666.0M | 4.57% | |
| 747 | SERVSERVE ROBOTICS INC | 63,600 | $660.0M | 4.53% | Call |
| 748 | DRDDRDGOLD LIMITED | 21,000 | $651.0M | 4.46% | |
| 749 | XYZBLOCK INC | 10,000 | $650.0M | 4.46% | Call |
| 750 | PHINPHINIA INC | 10,000 | $626.0M | 4.29% | Call |
| 751 | IPIINTREPID POTASH INC | 21,956 | $608.0M | 4.17% | |
| 752 | STMSTMICROELECTRONICS N V | 23,300 | $604.0M | 4.14% | |
| 753 | TMQTRILOGY METALS INC NEW | 140,000 | $603.0M | 4.14% | Call |
| 754 | KROSKEROS THERAPEUTICS INC | 29,500 | $600.0M | 4.11% | |
| 755 | WRAPWRAP TECHNOLOGIES INC | 249,499 | $593.0M | 4.07% | Call |
| 756 | GOSSGOSSAMER BIO INC | 189,475 | $586.0M | 4.02% | Put |
| 757 | LAZLAZARD INC | 11,900 | $577.0M | 3.96% | |
| 758 | SHMDSCHMID GROUP N.V. | 385,090 | $562.0M | 3.85% | |
| 759 | UNITUNITI GROUP LLC | 75,000 | $525.0M | 3.60% | Put |
| 760 | SABRSABRE CORP | 383,142 | $520.0M | 3.57% | Put |
| 761 | SNAPSNAP INC | 63,200 | $510.0M | 3.50% | |
| 762 | CXCEMEX SAB DE CV | 44,400 | $510.0M | 3.50% | |
| 763 | EGYVAALCO ENERGY INC | 140,000 | $509.0M | 3.49% | Call |
| 764 | EVGOEVGO INC | 173,700 | $505.0M | 3.46% | Call |
| 765 | AISPWAIRSHIP AI HLDGS INC | 630,577 | $504.0M | 3.46% | |
| 766 | RYTMRHYTHM PHARMACEUTICALS INC | 4,614 | $493.0M | 3.38% | |
| 767 | KWE1RING ENERGY INC | 553,573 | $481.0M | 3.30% | Put |
| 768 | KYIVKYIVSTAR GROUP LTD | 135,880 | $481.0M | 3.30% | |
| 769 | BWBABCOCK & WILCOX ENTERPRISES | 72,800 | $461.0M | 3.16% | Call |
| 770 | BEKEKE HLDGS INC | 29,000 | $457.0M | 3.13% | |
| 771 | CRBPCORBUS PHARMACEUTICALS HLDGS | 56,066 | $456.0M | 3.13% | |
| 772 | PTENPATTERSON-UTI ENERGY INC | 74,000 | $451.0M | 3.09% | Put |
| 773 | DCHAMERICAN AXLE & MFG HLDGS IN | 70,000 | $448.0M | 3.07% | |
| 774 | CRNTCERAGON NETWORKS LTD | 212,751 | $446.0M | 3.06% | Call |
| 775 | NTRNUTRIEN LTD | 7,200 | $444.0M | 3.04% | |
| 776 | CVECENOVUS ENERGY INC | 26,100 | $441.0M | 3.02% | |
| 777 | HRTXHERON THERAPEUTICS INC | 339,100 | $440.0M | 3.02% | Call |
| 778 | PBFPBF ENERGY INC | 16,000 | $433.0M | 2.97% | |
| 779 | TOONKARTOON STUDIOS INC. | 598,316 | $430.0M | 2.95% | Call |
| 780 | VTSVITESSE ENERGY INC | 22,000 | $423.0M | 2.90% | |
| 781 | ENGNWENGENE HOLDINGS INC | 141,904 | $420.0M | 2.88% | |
| 782 | FLYFIREFLY AEROSPACE INC | 18,800 | $420.0M | 2.88% | Call |
| 783 | IMVTIMMUNOVANT INC | 16,000 | $406.0M | 2.78% | |
| 784 | PFSIPENNYMAC FINL SVCS INC NEW | 3,060 | $403.0M | 2.76% | |
| 785 | MEOHMETHANEX CORP | 10,018 | $397.0M | 2.72% | |
| 786 | PLUNPLUG POWER INC | 200,000 | $394.0M | 2.70% | Call |
| 787 | CLOVCLOVER HEALTH INVESTMENTS CO | 167,200 | $392.0M | 2.69% | Call |
| 788 | OPKOPKO HEALTH INC | 306,800 | $386.0M | 2.65% | Call |
| 789 | DAVEWDAVE INC | 381,431 | $373.0M | 2.56% | |
| 790 | COGTCOGENT BIOSCIENCES INC | 10,500 | $372.0M | 2.55% | Call |
| 791 | DHCDIVERSIFIED HEALTHCARE TR | 74,663 | $362.0M | 2.48% | |
| 792 | TMCTMC THE METALS COMPANY INC | 58,500 | $360.0M | 2.47% | Call |
| 793 | BZAIWBLAIZE HLDGS INC | 898,556 | $359.0M | 2.46% | |
| 794 | RLMDRELMADA THERAPEUTICS INC | 73,600 | $355.0M | 2.43% | Call |
| 795 | WTHWORTHINGTON ENTERPRISES INC | 6,800 | $350.0M | 2.40% | |
| 796 | JOBYJOBY AVIATION INC | 88,148 | $349.0M | 2.39% | |
| 797 | INVZINNOVIZ TECHNOLOGIES LTD | 406,800 | $347.0M | 2.38% | Call |
| 798 | FTDRFRONTDOOR INC | 6,000 | $346.0M | 2.37% | |
| 799 | 0J7QIAC INC | 8,851 | $346.0M | 2.37% | |
| 800 | NATNORDIC AMERICAN TANKERS LIMI | 100,512 | $345.0M | 2.37% | Put |