Caas Capital Management LP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 28, 2024), Caas Capital Management LP reported 66 stock positions worth $146.3 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 37.5% of the portfolio, followed by Nextpower (NXT, 8.9%) and Invesco QQQ Trust Series 1 (QQQ, 5.3%). Compared with Q2 2024, it opened 37 new positions, sold out of 10, added to 11 and reduced 4. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale Grail (GRAL, shares −11%).
- Most Recent 13F
- Q1 2025
- Location
- NEW YORK, NY
- CIK
- 0001802881
- Portfolio Value
- $146.3M (Q3 2024)
- SEC Filing
- 0001085146-24-005188 ↗ filed Oct 28, 2024
Holdings Value
Holdings 66 stocks · $146.3M
| SPY SS SPDR S&P 500 ETF Trust-US | 37.51% | 95,659 | $54.9M | New |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 8.91% | 347,929 | $13.0M | No change |
| QQQ Invesco QQQ Trust Series 1 | 5.34% | 16,022 | $7.8M | Add +133.9% |
| XLV SS Health Care Select Sector | 3.63% | 34,500 | $5.3M | New |
| CPRI Capri Holdings Ltd. | 3.57% | 123,138 | $5.2M | No change |
| EWJ iShares MSCI Japan ETF | 3.05% | 62,400 | $4.5M | New |
| EFA iShares MSCI Eafe ETF | 2.62% | 45,812 | $3.8M | New |
| LLY Eli Lilly & Co. | 2.34% | 3,868 | $3.4M | Add +174.7% |
| GRAL Grail Inc. | 2.10% | 222,829 | $3.1M | Reduce -10.7% |
| GOOGL Alphabet Inc. Class A | 1.91% | 16,833 | $2.8M | Reduce -8.7% |
| AER Aercap Holdings NV | 1.77% | 27,306 | $2.6M | No change |
| V Visa Inc. Class A | 1.67% | 8,871 | $2.4M | New |
| CHKP Check Point Software Tech | 1.55% | 11,800 | $2.3M | Add +156.5% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 1.53% | 49,596 | $2.2M | Add +172.6% |
| RIO Rio Tinto PLC-Spon ADR | 1.50% | 30,814 | $2.2M | Add +48.3% |
| BNTX Biontech SE-ADR | 1.40% | 17,190 | $2.0M | Add +145.4% |
| JD Jd.com Inc.-ADR | 1.38% | 50,659 | $2.0M | New |
| ULTA Ulta Beauty Inc. | 1.33% | 5,000 | $1.9M | New |
| SHEL Shell PLC-ADR | 1.31% | 29,000 | $1.9M | Add +7.4% |
| PACS Pacs Group Inc. | 1.28% | 46,989 | $1.9M | No change |
| NTES Netease Inc.-ADR | 1.04% | 16,267 | $1.5M | Add +225.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.98% | 3,114 | $1.4M | New |
| BP BP PLC-Spons ADR | 0.96% | 44,612 | $1.4M | Add +97.3% |
| ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN | 0.95% | 19,917 | $1.4M | No change |
| BABA Alibaba Group Holding-SP ADR | 0.94% | 13,000 | $1.4M | New |
| UPS United Parcel Service Class B | 0.89% | 9,600 | $1.3M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.86% | 10,600 | $1.3M | New |
| VKTX Viking Therapeutics Inc. | 0.74% | 17,207 | $1.1M | No change |
| MA Mastercard Inc. Class A | 0.71% | 2,100 | $1.0M | New |
| MRNA Moderna Inc. | 0.54% | 11,812 | $789K | Add +257.1% |
| MTCH Match Group Inc. | 0.52% | 20,100 | $761K | No change |
| WT Wisdomtree Inc. | 0.51% | 74,321 | $742K | No change |
| BCS Barclays PLC-Spons ADR | 0.42% | 50,000 | $608K | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.39% | 5,943 | $572K | New |
| DRI Darden Restaurants Inc. | 0.33% | 2,900 | $476K | New |
| BA The Boeing Co. | 0.31% | 3,000 | $456K | New |
| CROX Crocs Inc. | 0.30% | 3,000 | $434K | No change |
| WBD Warner Bros Discovery Inc. | 0.28% | 50,100 | $413K | No change |
| ELF Elf Beauty Inc. | 0.26% | 3,500 | $382K | Add +874.9% |
| IRDM Iridium Communications Inc. | 0.21% | 10,000 | $305K | No change |
| SCHW Schwab (charles) Corp. | 0.19% | 4,357 | $282K | New |
| FCNCA First Citizens Bcshs Class A | 0.19% | 150 | $276K | New |
| DHI D.R. Horton Inc. | 0.18% | 1,400 | $267K | Reduce -65.0% |
| AVTR Avantor Inc. | 0.16% | 9,000 | $233K | New |
| MELI MercadoLibre Inc. | 0.14% | 100 | $205K | New |
| AERT Aeries Technology Inc. | 0.13% | 84,419 | $194K | Reduce -23.7% |
| CDNS Cadence Design SYS Inc. | 0.13% | 700 | $190K | No change |
| PINS Pinterest Inc. Class A | 0.13% | 5,700 | $185K | New |
| GM General Motors Co. | 0.11% | 3,698 | $166K | New |
| ISRG Intuitive Surgical Inc. | 0.10% | 300 | $147K | New |
| CLF Cleveland-Cliffs Inc. | 0.09% | 9,900 | $126K | New |
| ADI Analog Devices Inc. | 0.08% | 533 | $123K | New |
| DHR Danaher Corp. | 0.08% | 400 | $111K | New |
| MGM MGM Resorts International | 0.07% | 2,800 | $109K | New |
| KMX Carmax Inc. | 0.07% | 1,400 | $108K | New |
| OXY Occidental Petroleum Corp. | 0.07% | 2,000 | $103K | New |
| CTAS Cintas Corp. | 0.04% | 300 | $62K | New |
| TWLO Twilio Inc. Class A | 0.04% | 900 | $59K | New |
| VLO Valero Energy Corp. | 0.03% | 300 | $41K | New |
| AKAM Akamai Technologies Inc. | 0.02% | 347 | $35K | New |
| TOL Toll Brothers Inc. | 0.02% | 226 | $35K | New |
| AMODW Insight Acquisition Corp. | 0.02% | 538,163 | $28K | No change |
| HON Honeywell International Inc. | 0.02% | 110 | $23K | New |
| GPN Global Payments Inc. | 0.01% | 200 | $20K | New |
| LULU Lululemon Athletica Inc. | 0.01% | 75 | $20K | New |
| ALB Albemarle Corp. | 0.01% | 100 | $9K | New |
Options reported separately and not counted above: AAPL puts ($26.0M), AAPL calls ($24.4M), JPM calls ($18.3M), GS calls ($16.7M), MSFT calls ($16.5M), MSFT puts ($16.2M), META puts ($15.0M), GS puts ($14.9M), C calls ($14.7M), META calls ($14.5M), NFLX puts ($13.9M), AMZN calls ($13.8M), and 320 more.
Other holdings (31): bonds, preferreds, convertibles and warrants · $352K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| IVCPW Swiftmerge Acquisition -CW23 | *W EXP 12/13/202 | 938,600 | $64K | No change |
| IXQWF Ix Acquisition Corp. -CW26 | *W EXP 07/31/202 | 790,194 | $62K | No change |
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | 274,581 | $60K | Add +100.0% |
| TBMCR Trailblazer Merger Corp.-RTS | RIGHT 04/21/2028 | 170,000 | $27K | No change |
| MARXR Mars Acquisition Corp.-Rights | RIGHT 99/99/9999 | 80,000 | $18K | No change |
| AERTW Aeries Technology Inc. -CW23 | *W EXP 11/06/202 | 497,399 | $17K | No change |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 88,078 | $11K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 37,500 | $10K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 38,668 | $9K | New |
| GODNR Golden Star Acquisitio-Right | RIGHT 03/30/2025 | 25,200 | $9K | No change |
| SBXC.WS Silverbox Corp. III-28 | *W EXP 02/28/202 | 76,100 | $8K | No change |
| NOTEW Fiscalnote Holdings Inc.-CW25 | *W EXP 07/29/202 | 42,750 | $6K | No change |
| USARW Inflection Point Acquis-C-28 | *W EXP 08/31/202 | 25,000 | $6K | No change |
| THCPW Thunder Bridge Capital-CW | *W EXP 04/30/202 | 41,919 | $6K | No change |
| LVWR.WS Livewire Group Inc.-27 | *W EXP 09/26/202 | 52,200 | $5K | No change |
| LOTWW Lotus Technology Inc.-28 | *W EXP 02/22/202 | 17,351 | $5K | No change |
| CXAIW Kins Tech Group Class A -CW25 | *W EXP 99/99/999 | 15,168 | $4K | No change |
| VMCWF Valuence Merger Corp. -CW27 | *W EXP 99/99/999 | 100,000 | $3K | No change |
| ASBPW Aspire Biopharma Holdin-CW27 | *W EXP 05/23/202 | 75,000 | $3K | No change |
| HYAC.WS Haymaker Acquisition Corp.-28 | *W EXP 05/31/202 | 19,405 | $3K | No change |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 14,300 | $3K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 42,010 | $3K | New |
| CCGWW Cheche Group Inc. - 28 | *W EXP 10/01/203 | 145,700 | $2K | No change |
| COCHW Envoy Medical Inc.-CW27 | *W EXP 09/29/202 | 23,467 | $2K | No change |
| JWSWF Jaws Mustang Acq C -CW26 | *W EXP 01/30/202 | 43,725 | $1K | No change |
| GBBKW Global Blockchain Acq-CW27 | *W EXP 05/09/202 | 50,300 | $755 | No change |
| NKGNW Graf Acquisition Corp.-CW28 | *W EXP 05/31/202 | 10,000 | $707 | No change |
| ISLWF Israel Acquisitions Corp.-28 | *W EXP 99/99/999 | 22,516 | $696 | No change |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | 33,000 | $653 | New |
| LDTDF Prospector Leddartech Alm-28 | *W EXP 12/21/202 | 16,600 | $443 | No change |
| ALURW Allurion Technologies-28 | *W EXP 08/01/203 | 10,950 | $440 | No change |
Total filed on the 13F, all lines: $146.7M.
Portfolio Sells Q2 2024 → Q3 2024
| GRAL Grail Inc. | Reduce -10.7% | 2.10% | −5.12 |
| GOOGL Alphabet Inc. Class A | Reduce -8.7% | 1.91% | −4.41 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −1.66 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −1.57 |
| BAC Bank of America Corp. | Sold out | 0.00% | −1.39 |
| HD Home Depot Inc. | Sold out | 0.00% | −1.10 |
| DHI D.R. Horton Inc. | Reduce -65.0% | 0.18% | −0.88 |
| INTC Intel Corp. | Sold out | 0.00% | −0.62 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.35 |
| AERT Aeries Technology Inc. | Reduce -23.7% | 0.13% | −0.26 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.19 |
| FSLR First Solar Inc. | Sold out | 0.00% | −0.17 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.09 |
| BSLKW Golden Arrow Merger Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| SPY SS SPDR S&P 500 ETF Trust-US | New | 37.51% | +37.51 |
| XLV SS Health Care Select Sector | New | 3.63% | +3.63 |
| EWJ iShares MSCI Japan ETF | New | 3.05% | +3.05 |
| EFA iShares MSCI Eafe ETF | New | 2.62% | +2.62 |
| V Visa Inc. Class A | New | 1.67% | +1.67 |
| JD Jd.com Inc.-ADR | New | 1.38% | +1.38 |
| ULTA Ulta Beauty Inc. | New | 1.33% | +1.33 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.98% | +0.98 |
| BABA Alibaba Group Holding-SP ADR | New | 0.94% | +0.94 |
| UPS United Parcel Service Class B | New | 0.89% | +0.89 |
| NVO Novo-Nordisk A/S-Spons ADR | New | 0.86% | +0.86 |
| MA Mastercard Inc. Class A | New | 0.71% | +0.71 |
| DIS The Walt Disney Co. | New | 0.39% | +0.39 |
| BNTX Biontech SE-ADR | Add +145.4% | 1.40% | +0.34 |
| DRI Darden Restaurants Inc. | New | 0.33% | +0.33 |
| BA The Boeing Co. | New | 0.31% | +0.31 |
| SCHW Schwab (charles) Corp. | New | 0.19% | +0.19 |
| FCNCA First Citizens Bcshs Class A | New | 0.19% | +0.19 |
| AVTR Avantor Inc. | New | 0.16% | +0.16 |
| MELI MercadoLibre Inc. | New | 0.14% | +0.14 |
| NTES Netease Inc.-ADR | Add +225.3% | 1.04% | +0.14 |
| PINS Pinterest Inc. Class A | New | 0.13% | +0.13 |
| CHKP Check Point Software Tech | Add +156.5% | 1.55% | +0.13 |
| ELF Elf Beauty Inc. | Add +874.9% | 0.26% | +0.12 |
| GM General Motors Co. | New | 0.11% | +0.11 |
| ISRG Intuitive Surgical Inc. | New | 0.10% | +0.10 |
| CLF Cleveland-Cliffs Inc. | New | 0.09% | +0.09 |
| ADI Analog Devices Inc. | New | 0.08% | +0.08 |
| DHR Danaher Corp. | New | 0.08% | +0.08 |
| MGM MGM Resorts International | New | 0.07% | +0.07 |
| KMX Carmax Inc. | New | 0.07% | +0.07 |
| OXY Occidental Petroleum Corp. | New | 0.07% | +0.07 |
| CTAS Cintas Corp. | New | 0.04% | +0.04 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +172.6% | 1.53% | +0.04 |
| TWLO Twilio Inc. Class A | New | 0.04% | +0.04 |
| VLO Valero Energy Corp. | New | 0.03% | +0.03 |
| AKAM Akamai Technologies Inc. | New | 0.02% | +0.02 |
| TOL Toll Brothers Inc. | New | 0.02% | +0.02 |
| HON Honeywell International Inc. | New | 0.02% | +0.02 |
| GPN Global Payments Inc. | New | 0.01% | +0.01 |
| LULU Lululemon Athletica Inc. | New | 0.01% | +0.01 |
| ALB Albemarle Corp. | New | 0.01% | +0.01 |
| LLY Eli Lilly & Co. | Add +174.7% | 2.34% | −0.06 |
| MRNA Moderna Inc. | Add +257.1% | 0.54% | −0.20 |
| BP BP PLC-Spons ADR | Add +97.3% | 0.96% | −0.58 |
| QQQ Invesco QQQ Trust Series 1 | Add +133.9% | 5.34% | −0.84 |
| RIO Rio Tinto PLC-Spon ADR | Add +48.3% | 1.50% | −1.08 |
| SHEL Shell PLC-ADR | Add +7.4% | 1.31% | −2.36 |
Options Activity Q2 2024 → Q3 2024
| AAPL Apple Inc. | put | Add +81.0% | 111,500 | $26.0M |
| AAPL Apple Inc. | call | Add +66.1% | 104,800 | $24.4M |
| JPM JPMorgan Chase & Co. | call | Add +122.3% | 86,900 | $18.3M |
| GS Goldman Sachs Group Inc. | call | Add +188.9% | 33,800 | $16.7M |
| MSFT Microsoft Corp. | call | Add +283.0% | 38,300 | $16.5M |
| MSFT Microsoft Corp. | put | Add +276.0% | 37,600 | $16.2M |
| META Meta Platforms Inc. Class A | put | Add +45.6% | 26,200 | $15.0M |
| GS Goldman Sachs Group Inc. | put | Add +150.0% | 30,000 | $14.9M |
| C Citigroup Inc. | call | Add +193.3% | 235,500 | $14.7M |
| META Meta Platforms Inc. Class A | call | Add +30.3% | 25,400 | $14.5M |
| NFLX Netflix Inc. | put | Add +49.6% | 19,600 | $13.9M |
| AMZN Amazon.com Inc. | call | New | 73,900 | $13.8M |
| AMZN Amazon.com Inc. | put | New | 72,500 | $13.5M |
| NFLX Netflix Inc. | call | Add +46.8% | 18,200 | $12.9M |
| JPM JPMorgan Chase & Co. | put | Add +46.6% | 60,400 | $12.7M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | call | New | 100,000 | $11.3M |
| BRK.B Berkshire Hathaway Inc. Class B | call | Add +277.1% | 23,000 | $10.6M |
| TSM Taiwan Semiconductor-SP ADR | call | New | 59,300 | $10.3M |
| BAC Bank of America Corp. | call | New | 257,500 | $10.2M |
| GOOGL Alphabet Inc. Class A | call | Add +21.8% | 58,700 | $9.7M |
| GE General Electric | call | Add +108.5% | 51,500 | $9.7M |
| GOOGL Alphabet Inc. Class A | put | Add +21.5% | 56,500 | $9.4M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +213.1% | 19,100 | $8.8M |
| WFC Wells Fargo & Co. | call | Add +161.4% | 154,200 | $8.7M |
| BAC Bank of America Corp. | put | New | 213,000 | $8.5M |
| EFA iShares MSCI Eafe ETF | put | New | 100,000 | $8.4M |
| WFC Wells Fargo & Co. | put | Add +153.7% | 147,400 | $8.3M |
| QCOM Qualcomm Inc. | call | Add +69.3% | 44,700 | $7.6M |
| NKE Nike Inc. Class B | put | New | 82,800 | $7.3M |
| QCOM Qualcomm Inc. | put | Add +106.0% | 41,200 | $7.0M |
| TSM Taiwan Semiconductor-SP ADR | put | New | 40,200 | $7.0M |
| LLY Eli Lilly & Co. | call | New | 7,700 | $6.8M |
| LLY Eli Lilly & Co. | put | New | 7,500 | $6.6M |
| NKE Nike Inc. Class B | call | New | 69,200 | $6.1M |
| COST Costco Wholesale Corp. | call | New | 6,500 | $5.8M |
| GE General Electric | put | Add +10.0% | 29,700 | $5.6M |
| UPS United Parcel Service Class B | put | Add +1587.0% | 38,800 | $5.3M |
| C Citigroup Inc. | put | Add +3.2% | 84,200 | $5.3M |
| TLT iShares 20+ Year Treasury BD | call | New | 52,500 | $5.2M |
| CAT Caterpillar Inc. | call | Add +17.6% | 12,000 | $4.7M |
| ASML ASML Holding NV-NY Reg SHS | put | Add +833.3% | 5,600 | $4.7M |
| ASML ASML Holding NV-NY Reg SHS | call | Add +1000.0% | 5,500 | $4.6M |
| MS Morgan Stanley | put | Add +151.2% | 42,700 | $4.5M |
| MS Morgan Stanley | call | Add +243.5% | 39,500 | $4.1M |
| HD Home Depot Inc. | put | Add +152.5% | 10,100 | $4.1M |
| IBM Intl Business Machines Corp. | put | Add +133.3% | 18,200 | $4.0M |
| HD Home Depot Inc. | call | Add +518.8% | 9,900 | $4.0M |
| GDX Vaneck Gold Miners ETF | call | New | 100,300 | $4.0M |
| CAT Caterpillar Inc. | put | Reduce -6.6% | 9,900 | $3.9M |
| INTC Intel Corp. | call | Add +26.4% | 164,500 | $3.9M |
Showing the first 50 of 360.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q2 2024 → Q3 2024
| SDAWW Suncar Technology Group -28 | *W EXP 05/17/202 | Add +100.0% | 274,581 | $60K |
| NFSWF Enphys Acquisition -CW24 | *W EXP 99/99/999 | Sold out | 1,176,359 | $41Kbefore exit |
| CVIIW Churchill Capital Vii -CW28 | *W EXP 02/29/202 | Sold out | 60,000 | $21Kbefore exit |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | New | 38,668 | $9K |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 03/18/202 | Sold out | 38,668 | $3Kbefore exit |
| ZLSWF Zalatoris II Acquisition Cor | *W EXP 99/99/999 | Sold out | 66,528 | $3Kbefore exit |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | New | 42,010 | $3K |
| SLNWF Selina Hospitality PLC-27 | *W EXP 10/27/202 | Sold out | 66,600 | $992before exit |
| IRIS ACQUISITION CORP | *W EXP 02/28/202 | Sold out | 22,562 | $902before exit |
| CGBWF Crown LNG Holdings Ltd.-28 | *W EXP 07/09/202 | New | 33,000 | $653 |
| BLUAW Blueriver Acquisit A -CW26 | *W EXP 01/04/202 | Sold out | 33,300 | $453before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.