Caption Management, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), Caption Management, LLC reported 499 stock positions worth $2.2 billion. Its top holding was Nvidia (NVDA) at 9.8% of the portfolio, followed by Tesla (TSLA, 6.1%) and Amazon.com (AMZN, 6.0%). Compared with Q3 2025, it opened 194 new positions, sold out of 248, added to 122 and reduced 140. The biggest buy was a new position in Apple (AAPL) and the biggest sale Tesla (TSLA, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- OKLAHOMA CITY, OK
- CIK
- 0001706766
- Portfolio Value
- $2.2B (Q4 2025)
- SEC Filing
- 0001706766-26-000002 ↗ filed Feb 17, 2026
Holdings Value
Holdings 499 stocks · $2.2B
| NVDA Nvidia Corp. | 9.83% | 1,161,100 | $216.5M | Add +132.2% |
| TSLA Tesla Inc. | 6.12% | 300,000 | $134.9M | Reduce -14.3% |
| AMZN Amazon.com Inc. | 6.03% | 575,000 | $132.7M | No change |
| AAPL Apple Inc. | 5.80% | 470,000 | $127.8M | New |
| GOOG Alphabet Inc. Class C | 5.66% | 397,000 | $124.6M | Add +81.5% |
| NFLX Netflix Inc. | 3.24% | 760,100 | $71.3M | New |
| MSFT Microsoft Corp. | 2.29% | 104,200 | $50.4M | New |
| ORCL Oracle Corp. | 1.59% | 179,620 | $35.0M | Add +1854.1% |
| AMD Advanced Micro Devices | 1.46% | 150,000 | $32.1M | New |
| BMY Bristol-Myers Squibb Co. | 1.32% | 537,700 | $29.0M | New |
| UTHR United Therapeutics Corp. | 1.22% | 55,081 | $26.8M | Add +39.4% |
| CMG Chipotle Mexican Grill Inc. | 1.04% | 620,000 | $22.9M | Add +9153.7% |
| INSM Insmed Inc. | 1.03% | 130,000 | $22.6M | Add +160393.8% |
| OWL Blue Owl Capital Inc. | 0.95% | 1,397,623 | $20.9M | Add +128.2% |
| VSAT Viasat Inc. | 0.94% | 603,623 | $20.8M | Reduce -31.5% |
| COF Capital One Financial Corp. | 0.89% | 81,110 | $19.7M | New |
| WULF Terawulf Inc. | 0.87% | 1,664,636 | $19.1M | New |
| GOOGL Alphabet Inc. Class A | 0.85% | 60,000 | $18.8M | New |
| RCUS Arcus Biosciences Inc. | 0.83% | 767,698 | $18.3M | New |
| WDC Western Digital Corp. | 0.80% | 102,200 | $17.6M | Add +6.2% |
| EXAS Exact Sciences Corp. | 0.79% | 170,679 | $17.3M | Add +1030.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.74% | 177,900 | $16.4M | Add +109.5% |
| SOC Sable Offshore Corp. | 0.62% | 1,512,347 | $13.6M | Add +6.4% |
| MRK Merck & Co. Inc. | 0.60% | 126,500 | $13.3M | Add +2649.4% |
| COIN Coinbase Global Inc. Class A | 0.58% | 56,770 | $12.8M | Add +25.6% |
| CGON CG Oncology Inc. | 0.58% | 306,846 | $12.7M | New |
| IBB iShares Biotechnology ETF | 0.57% | 74,000 | $12.5M | Reduce -5.7% |
| XLY SS Consumer Disc Select Sect | 0.55% | 101,440 | $12.1M | New |
| CWAN Clearwater Analytics HDS-A | 0.54% | 489,635 | $11.8M | New |
| OKE Oneok Inc. | 0.53% | 160,000 | $11.8M | Add +15852.1% |
| XOM Exxon Mobil Corp. | 0.53% | 96,400 | $11.6M | New |
| AVDL Avadel Pharmaceuticals Ltd. | 0.53% | 536,838 | $11.6M | Add +74.0% |
| AVGO Broadcom Inc. | 0.52% | 33,000 | $11.4M | Reduce -27.5% |
| CMA Comerica Inc. | 0.51% | 129,821 | $11.3M | Reduce -8.8% |
| SHOP Shopify Inc. Class A | 0.51% | 69,900 | $11.3M | Add +25.2% |
| UNH Unitedhealth Group Inc. | 0.51% | 33,880 | $11.2M | Add +1154.8% |
| BTU Peabody Energy Corp. | 0.49% | 365,000 | $10.8M | Add +252.7% |
| UAL United Airlines Holdings Inc. | 0.49% | 96,800 | $10.8M | Add +10.4% |
| IVZ Invesco Ltd. | 0.48% | 399,800 | $10.5M | New |
| IREN Iren Ltd. filed as IREN LIMITED | 0.48% | 277,860 | $10.5M | Reduce -36.5% |
| EOSE Eos Energy Enterprises Inc. | 0.48% | 914,727 | $10.5M | Add +47.4% |
| VALE Vale SA-SP ADR | 0.46% | 770,000 | $10.0M | New |
| PRAX Praxis Precision Medicines I | 0.45% | 33,300 | $9.8M | Add +423.8% |
| COMP Compass Inc. Class A | 0.44% | 909,670 | $9.6M | Add +599.8% |
| BIIB Biogen Inc. | 0.42% | 53,000 | $9.3M | Add +960.0% |
| ADI Analog Devices Inc. | 0.42% | 34,000 | $9.2M | New |
| CCJ Cameco Corp. | 0.42% | 100,700 | $9.2M | Add +3.9% |
| CBL CBL & Associates Properties | 0.41% | 246,717 | $9.1M | Reduce -16.2% |
| BSX Boston Scientific Corp. | 0.39% | 91,000 | $8.7M | Reduce -9.7% |
| V Visa Inc. Class A | 0.39% | 24,500 | $8.6M | Reduce -14.0% |
| OSG Octave Specialty Group Inc. | 0.38% | 1,071,094 | $8.3M | Reduce -4.5% |
| DD Dupont DE Nemours Inc. | 0.37% | 202,897 | $8.2M | Add +52.5% |
| UNP Union Pacific Corp. | 0.35% | 33,000 | $7.6M | No change |
| SMCI Super Micro Computer Inc. | 0.34% | 254,968 | $7.5M | Add +83.2% |
| NBIS Nebius Group NV | 0.32% | 85,500 | $7.2M | Add +95.3% |
| TPB Turning Point Brands Inc. | 0.32% | 64,952 | $7.0M | Reduce -14.1% |
| LW Lamb Weston Holdings Inc. | 0.31% | 163,271 | $6.8M | New |
| ICLN iShares Global Clean Energy | 0.31% | 409,800 | $6.7M | Add +7.8% |
| VRT Vertiv Holdings Co. Class A | 0.30% | 41,200 | $6.7M | New |
| DAY Dayforce Inc. | 0.30% | 95,740 | $6.6M | Add +297.3% |
| Q Qnity Electronics Inc. | 0.29% | 79,326 | $6.5M | Add +19.3% |
| GDX Vaneck Gold Miners ETF | 0.29% | 74,800 | $6.4M | Add +8030.4% |
| MP MP Materials Corp. | 0.29% | 126,900 | $6.4M | New |
| APLS Apellis Pharmaceuticals Inc. | 0.29% | 254,563 | $6.4M | Reduce -16.5% |
| DDOG Datadog Inc. Class A | 0.28% | 45,163 | $6.1M | Reduce -7.8% |
| APLD Applied Digital Corp. | 0.28% | 250,000 | $6.1M | Add +46.8% |
| XPER Xperi Inc. | 0.28% | 1,035,229 | $6.1M | Add +211.4% |
| Z Zillow Group Inc. Class C | 0.27% | 88,227 | $6.0M | Add +95.3% |
| ZM Zoom Communications Inc. | 0.27% | 69,435 | $6.0M | New |
| VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC | 0.27% | 329,190 | $6.0M | Add +14.7% |
| EQT Eqt Corp. | 0.27% | 110,450 | $5.9M | Add +164.9% |
| GM General Motors Co. | 0.27% | 72,600 | $5.9M | Add +109.8% |
| TECH Bio-Techne Corp. | 0.27% | 100,000 | $5.9M | Add +25.0% |
| IMTX Immatics NV | 0.26% | 550,891 | $5.8M | New |
| W Wayfair Inc. Class A | 0.26% | 56,800 | $5.7M | Reduce -25.4% |
| LLY Eli Lilly & Co. | 0.26% | 5,240 | $5.6M | New |
| CELH Celsius Holdings Inc. | 0.25% | 122,569 | $5.6M | Reduce -33.1% |
| LQDA Liquidia Corp. | 0.25% | 162,538 | $5.6M | Add +103.6% |
| CFLT Confluent Inc. Class A | 0.25% | 182,115 | $5.5M | Add +30.1% |
| XME SS SPDR S&P Metals Mining | 0.25% | 52,400 | $5.4M | New |
| VST Vistra Corp. | 0.24% | 33,000 | $5.3M | Add +108.9% |
| FDX FedEx Corp. | 0.24% | 18,150 | $5.2M | Add +62.8% |
| THC Tenet Healthcare Corp. | 0.24% | 26,231 | $5.2M | Reduce -5.7% |
| USO United States Oil Fund LP | 0.24% | 75,200 | $5.2M | New |
| RARE Ultragenyx Pharmaceutical Inc. | 0.23% | 219,500 | $5.0M | Add +33.4% |
| BEAM Beam Therapeutics Inc. | 0.22% | 178,352 | $4.9M | New |
| FHN First Horizon Corp. | 0.22% | 205,820 | $4.9M | Reduce -12.3% |
| ZVRA Zevra Therapeutics Inc. | 0.22% | 540,112 | $4.8M | Add +5.9% |
| SNOW Snowflake Inc. | 0.21% | 21,438 | $4.7M | Add +4311.1% |
| TMO Thermo Fisher Scientific Inc. | 0.21% | 8,000 | $4.6M | Add +400.0% |
| JBIO Jade Biosciences Inc. | 0.21% | 297,095 | $4.6M | New |
| ANIP Ani Pharmaceuticals Inc. | 0.21% | 57,773 | $4.6M | New |
| MCHP Microchip Technology Inc. | 0.20% | 70,000 | $4.5M | Reduce -21.4% |
| CEG Constellation Energy | 0.19% | 12,150 | $4.3M | New |
| PZZA Papa John's Intl Inc. | 0.19% | 111,116 | $4.3M | Add +666.3% |
| KBE SS SPDR S&P Bank ETF | 0.19% | 70,000 | $4.2M | New |
| QURE Uniqure NV | 0.19% | 177,277 | $4.2M | Reduce -61.3% |
| AU Anglogold Ashanti PLC | 0.19% | 48,900 | $4.2M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 80,171 | $4.1M | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.18% | 295,000 | $3.9M | Add +156.5% |
Options reported separately and not counted above: CVNA calls ($273.0M), NVDA puts ($233.1M), INTU puts ($200.5M), WBD puts ($147.1M), RDDT calls ($146.0M), WBD calls ($143.4M), CVNA puts ($141.5M), TSLA puts ($134.9M), AMZN puts ($132.7M), AAPL puts ($127.8M), ARKK puts ($127.4M), INTU calls ($121.8M), and 961 more.
Other holdings (40): bonds, preferreds, convertibles and warrants · $65.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | 3,487,150 | $29.5M | Add +0.2% |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | 882,762 | $7.6M | Add +340.1% |
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | 840,850 | $6.0M | Add +68.2% |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 302,256 | $3.4M | No change |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | 791,316 | $2.2M | Add +89.9% |
| AMPX.WS Amprius Technologies Inc. | *W EXP 09/14/202 | 682,810 | $1.8M | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 1,927,214 | $1.7M | Add +23570.5% |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | 806,543 | $1.7M | New |
| HTZWW Hertz Global Hldgs Inc. -CW51 | *W EXP 06/30/205 | 499,998 | $1.3M | No change |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 2,261,981 | $1.2M | New |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 617,756 | $1.1M | Add +353.9% |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | 392,212 | $1.1M | Add +9649.2% |
| TMCWW TMC the Metals Co. Inc. -CW25I | *W EXP 09/09/202 | 860,671 | $1.1M | Add +843.1% |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 1,941,413 | $775K | New |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | 385,090 | $562K | New |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | 630,577 | $504K | Add +89.4% |
| KYIVW Kyivstar Group Ltd. -30 | *W EXP 08/14/203 | 135,880 | $481K | No change |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | 381,431 | $374K | Add +26.6% |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | 898,556 | $359K | Add +87.6% |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | 88,148 | $349K | Add +19.9% |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | 282,576 | $240K | Add +35.0% |
| GENVR Gen Digital Inc. - CVR | RIGHT 99/99/9999 | 48,088 | $217K | No change |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | 139,522 | $213K | Add +22.5% |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | 564,138 | $212K | Add +107.2% |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | 780,601 | $210K | Add +136.6% |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | 163,311 | $187K | Add +2917.0% |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | 1,590,677 | $179K | Add +5.0% |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | 267,044 | $110K | Add +318.1% |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | 48,550 | $98K | New |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | 100,000 | $94K | New |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | 114,375 | $57K | Add +637.0% |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | 83,537 | $38K | Add +31.5% |
| SKYH.WS Yellowstone Acquisit A -CW25 | *W EXP 01/25/202 | 50,000 | $32K | No change |
| EQV VENTURES ACQUISITION | *W EXP 07/01/203 | 46,615 | $22K | No change |
| TGE.WS Generation Essentials - 30 | *W EXP 02/15/202 | 140,127 | $21K | No change |
| AUROW Aurora Innovation Inc. -CW28 | *W EXP 11/03/202 | 68,535 | $15K | No change |
| PDYNW Sarcos Technology -CW27 | *W EXP 09/24/202 | 178,604 | $11K | No change |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | 44,550 | $3K | Add +1182.0% |
| GDEV INC | *W EXP 99/99/999 | 170,635 | $3K | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 66 | $116 | No change |
Total filed on the 13F, all lines: $2.3B.
Portfolio Sells Q3 2025 → Q4 2025
| TSLA Tesla Inc. | Reduce -14.3% | 6.12% | −3.32 |
| ECHO Echostar Corp. Class A | Sold out | 0.00% | −1.94 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −1.46 |
| HPE Hewlett Packard Enterprise | Sold out | 0.00% | −1.45 |
| QURE Uniqure NV | Reduce -61.3% | 0.19% | −1.43 |
| SLNO Soleno Therapeutics Inc. | Reduce -88.6% | 0.09% | −1.43 |
| RVMD Revolution Medicines Inc. | Sold out | 0.00% | −0.89 |
| IMCR Immunocore Holdings PLC-ADR | Reduce -79.6% | 0.15% | −0.87 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.79 |
| IREN Iren Ltd. | Reduce -36.5% | 0.48% | −0.77 |
| IMNM Immunome Inc. | Reduce -99.5% | 0.01% | −0.73 |
| NICE Nice Ltd. - Spon ADR | Sold out | 0.00% | −0.66 |
| VSAT Viasat Inc. | Reduce -31.5% | 0.94% | −0.62 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.58 |
| BHVN Biohaven Ltd. | Sold out | 0.00% | −0.57 |
| LYV Live Nation Entertainment Inc. | Reduce -85.0% | 0.05% | −0.47 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.40 |
| AVGO Broadcom Inc. | Reduce -27.5% | 0.52% | −0.39 |
| CELH Celsius Holdings Inc. | Reduce -33.1% | 0.25% | −0.38 |
| KRE SS SPDR S&P Regional Bank | Reduce -83.8% | 0.05% | −0.38 |
| WBD Warner Bros Discovery Inc. | Sold out | 0.00% | −0.37 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.36 |
| MDB Mongodb Inc. | Sold out | 0.00% | −0.35 |
| SRRK Scholar Rock Holding Corp. | Sold out | 0.00% | −0.35 |
| WYNN WYNN Resorts Ltd. | Sold out | 0.00% | −0.34 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.34 |
| GILD Gilead Sciences Inc. | Sold out | 0.00% | −0.34 |
| DNTH Dianthus Therapeutics Inc. | Sold out | 0.00% | −0.33 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.33 |
| HOLX Hologic Inc. | Reduce -73.8% | 0.09% | −0.32 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.30 |
| FLR Fluor Corp. | Reduce -74.8% | 0.06% | −0.30 |
| HUM Humana Inc. | Reduce -92.3% | 0.02% | −0.30 |
| WEC WEC Energy Group Inc. | Sold out | 0.00% | −0.28 |
| CCI Crown Castle Inc. | Reduce -96.2% | 0.01% | −0.26 |
| ONDS Ondas Inc. | Sold out | 0.00% | −0.24 |
| CIFR Cipher Digital Inc. | Reduce -84.4% | 0.04% | −0.24 |
| ING ING Groep N.V.-Sponsored ADR | Sold out | 0.00% | −0.24 |
| RGEN Repligen Corp. | Sold out | 0.00% | −0.23 |
| ASO Academy Sports & Outdoors Inc. | Reduce -69.5% | 0.07% | −0.23 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.22 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.21 |
| HOUS Anywhere Real Estate Inc. | Sold out | 0.00% | −0.21 |
| BBWI Bath & Body Works Inc. | Sold out | 0.00% | −0.21 |
| FSLY Fastly Inc. Class A | Sold out | 0.00% | −0.21 |
| BSX Boston Scientific Corp. | Reduce -9.7% | 0.39% | −0.20 |
| MTCH Match Group Inc. | Reduce -58.5% | 0.08% | −0.20 |
| V Visa Inc. Class A | Reduce -14.0% | 0.39% | −0.20 |
| UUUU Energy Fuels Inc. | Reduce -78.8% | 0.04% | −0.20 |
| EXEL Exelixis Inc. | Sold out | 0.00% | −0.20 |
Portfolio Buys Q3 2025 → Q4 2025
| AAPL Apple Inc. | New | 5.80% | +5.80 |
| NVDA Nvidia Corp. | Add +132.2% | 9.83% | +4.17 |
| NFLX Netflix Inc. | New | 3.24% | +3.24 |
| GOOG Alphabet Inc. Class C | Add +81.5% | 5.66% | +2.42 |
| MSFT Microsoft Corp. | New | 2.29% | +2.29 |
| AMD Advanced Micro Devices | New | 1.46% | +1.46 |
| ORCL Oracle Corp. | Add +1854.1% | 1.59% | +1.43 |
| BMY Bristol-Myers Squibb Co. | New | 1.32% | +1.32 |
| INSM Insmed Inc. | Add +160393.8% | 1.03% | +1.03 |
| CMG Chipotle Mexican Grill Inc. | Add +9153.7% | 1.04% | +1.03 |
| COF Capital One Financial Corp. | New | 0.89% | +0.89 |
| WULF Terawulf Inc. | New | 0.87% | +0.87 |
| GOOGL Alphabet Inc. Class A | New | 0.85% | +0.85 |
| RCUS Arcus Biosciences Inc. | New | 0.83% | +0.83 |
| EXAS Exact Sciences Corp. | Add +1030.3% | 0.79% | +0.74 |
| MRK Merck & Co. Inc. | Add +2649.4% | 0.60% | +0.58 |
| CGON CG Oncology Inc. | New | 0.58% | +0.58 |
| XLY SS Consumer Disc Select Sect | New | 0.55% | +0.55 |
| CWAN Clearwater Analytics HDS-A | New | 0.54% | +0.54 |
| OKE Oneok Inc. | Add +15852.1% | 0.53% | +0.53 |
| XOM Exxon Mobil Corp. | New | 0.53% | +0.53 |
| IVZ Invesco Ltd. | New | 0.48% | +0.48 |
| VALE Vale SA-SP ADR | New | 0.46% | +0.46 |
| UNH Unitedhealth Group Inc. | Add +1154.8% | 0.51% | +0.45 |
| PRAX Praxis Precision Medicines I | Add +423.8% | 0.45% | +0.43 |
| ADI Analog Devices Inc. | New | 0.42% | +0.42 |
| BIIB Biogen Inc. | Add +960.0% | 0.42% | +0.38 |
| COMP Compass Inc. Class A | Add +599.8% | 0.44% | +0.37 |
| AZN Astrazeneca PLC-Spons ADR | Add +109.5% | 0.74% | +0.35 |
| BTU Peabody Energy Corp. | Add +252.7% | 0.49% | +0.33 |
| OWL Blue Owl Capital Inc. | Add +128.2% | 0.95% | +0.32 |
| LW Lamb Weston Holdings Inc. | New | 0.31% | +0.31 |
| VRT Vertiv Holdings Co. Class A | New | 0.30% | +0.30 |
| MP MP Materials Corp. | New | 0.29% | +0.29 |
| GDX Vaneck Gold Miners ETF | Add +8030.4% | 0.29% | +0.29 |
| ZM Zoom Communications Inc. | New | 0.27% | +0.27 |
| IMTX Immatics NV | New | 0.26% | +0.26 |
| LLY Eli Lilly & Co. | New | 0.26% | +0.26 |
| XME SS SPDR S&P Metals Mining | New | 0.25% | +0.25 |
| AVDL Avadel Pharmaceuticals Ltd. | Add +74.0% | 0.53% | +0.24 |
| USO United States Oil Fund LP | New | 0.24% | +0.24 |
| BEAM Beam Therapeutics Inc. | New | 0.22% | +0.22 |
| UTHR United Therapeutics Corp. | Add +39.4% | 1.22% | +0.21 |
| JBIO Jade Biosciences Inc. | New | 0.21% | +0.21 |
| ANIP Ani Pharmaceuticals Inc. | New | 0.21% | +0.21 |
| SNOW Snowflake Inc. | Add +4311.1% | 0.21% | +0.21 |
| DAY Dayforce Inc. | Add +297.3% | 0.30% | +0.20 |
| CEG Constellation Energy | New | 0.19% | +0.19 |
| KBE SS SPDR S&P Bank ETF | New | 0.19% | +0.19 |
| AU Anglogold Ashanti PLC | New | 0.19% | +0.19 |
Options Activity Q3 2025 → Q4 2025
| CVNA Carvana Co. | call | Reduce -8.0% | 646,800 | $273.0M |
| APP AppLovin Corp. Class A | call | Sold out | 335,000 | $240.7Mbefore exit |
| NVDA Nvidia Corp. | put | Add +150.0% | 1,250,000 | $233.1M |
| INTU Intuit Inc. | put | Add +2.5% | 302,700 | $200.5M |
| WBD Warner Bros Discovery Inc. | put | Add +483.4% | 5,104,700 | $147.1M |
| RDDT Reddit Inc. Class A | call | Reduce -11.5% | 635,100 | $146.0M |
| WBD Warner Bros Discovery Inc. | call | Add +329.5% | 4,974,500 | $143.4M |
| CVNA Carvana Co. | put | Reduce -43.3% | 335,400 | $141.5M |
| TSLA Tesla Inc. | put | Reduce -14.3% | 300,000 | $134.9M |
| AAPL Apple Inc. | put | New | 470,000 | $127.8M |
| ARKK ARK Innovation ETF | put | Add +178.4% | 1,656,400 | $127.4M |
| INTU Intuit Inc. | call | Reduce -19.9% | 183,900 | $121.8M |
| MSFT Microsoft Corp. | call | New | 250,000 | $120.9M |
| GOOG Alphabet Inc. Class C | put | Add +65.6% | 378,700 | $118.8M |
| BA The Boeing Co. | call | New | 546,800 | $118.7M |
| VRT Vertiv Holdings Co. Class A | put | Add +1698.3% | 719,300 | $116.5M |
| RUN Sunrun Inc. | call | Reduce -2.4% | 6,203,700 | $114.1M |
| DASH DoorDash Inc. Class A | call | Sold out | 400,000 | $108.8Mbefore exit |
| UTHR United Therapeutics Corp. | call | Reduce -12.2% | 222,800 | $108.6M |
| CMG Chipotle Mexican Grill Inc. | put | New | 2,839,400 | $105.1M |
| ECHO Echostar Corp. Class A | call | Add +40.4% | 941,100 | $102.3M |
| MP MP Materials Corp. | call | Add +416.7% | 1,994,500 | $100.8M |
| CVX Chevron Corp. | call | Sold out | 631,000 | $98.0Mbefore exit |
| EWC iShares MSCI Canada ETF | put | Add +28.6% | 1,800,000 | $97.1M |
| K Kellanova | put | Sold out | 1,176,300 | $96.5Mbefore exit |
| RDDT Reddit Inc. Class A | put | Add +11.9% | 402,300 | $92.5M |
| GEV GE Vernova Inc. | put | Add +894.3% | 139,200 | $91.0M |
| ORCL Oracle Corp. | put | Add +290.6% | 449,200 | $87.6M |
| COF Capital One Financial Corp. | call | Add +123.0% | 347,500 | $84.2M |
| NFLX Netflix Inc. | put | New | 846,200 | $79.3M |
| UTHR United Therapeutics Corp. | put | Reduce -48.4% | 159,800 | $77.9M |
| COIN Coinbase Global Inc. Class A | call | Add +19.6% | 335,000 | $75.8M |
| JNJ Johnson & Johnson | put | New | 362,300 | $75.0M |
| NVDA Nvidia Corp. | call | New | 396,000 | $73.9M |
| CLS Celestica Inc. | call | Add +235.8% | 248,500 | $73.5M |
| CZR Caesars Entertainment Inc. | call | Add +288.8% | 3,110,000 | $72.7M |
| ASTS Ast Spacemobile Inc. | call | Add +89.6% | 940,500 | $68.3M |
| CDTX Cidara Therapeutics Inc. | call | New | 300,000 | $66.3M |
| VRSN Verisign Inc. | put | Sold out | 236,400 | $66.1Mbefore exit |
| WULF Terawulf Inc. | call | Reduce -3.7% | 5,664,600 | $65.1M |
| NET Cloudflare Inc. Class A | call | Add +10.8% | 329,000 | $64.9M |
| LLY Eli Lilly & Co. | put | New | 59,900 | $64.4M |
| W Wayfair Inc. Class A | call | Add +18.5% | 640,000 | $64.3M |
| MRVL Marvell Technology Inc. | put | Add +275.0% | 750,000 | $63.7M |
| GOOGL Alphabet Inc. Class A | put | Add +33.3% | 200,000 | $62.6M |
| KNSA Kiniksa Pharmaceuticals Inte | call | Add +196.6% | 1,490,500 | $61.5M |
| EOSE Eos Energy Enterprises Inc. | call | Add +41.0% | 5,188,400 | $59.5M |
| LITE Lumentum Holdings Inc. | call | Add +56.1% | 160,000 | $59.0M |
| PRAX Praxis Precision Medicines I | put | Add +39.4% | 200,000 | $58.9M |
| RVMD Revolution Medicines Inc. | call | Add +42.7% | 736,100 | $58.6M |
Showing the first 50 of 1,239.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2025 → Q4 2025
| CORZW Core Scientific Inc. - 27 | *W EXP 01/23/202 | Add +0.2% | 3,487,150 | $29.5M |
| QBTS.WS D-Wave Quantum Inc. -27 | *W EXP 08/05/202 | Sold out | 374,558 | $9.1Mbefore exit |
| PL.WS Planet Labs PBC -CW26 | *W EXP 12/06/202 | Add +340.1% | 882,762 | $7.6M |
| NNAVW Nextnav Inc. | *W EXP 99/99/999 | Add +68.2% | 840,850 | $6.0M |
| CRMLW Critical Metals Corp.-28 | *W EXP 02/27/202 | Add +89.9% | 791,316 | $2.2M |
| USA RARE EARTH INC | *W EXP 03/13/203 | Sold out | 282,097 | $2.0Mbefore exit |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | Add +23570.5% | 1,927,214 | $1.7M |
| IMSRW HCM II Acquisition Corp. - 29 | *W EXP 10/28/203 | New | 806,543 | $1.7M |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 2,261,981 | $1.2M |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | Add +353.9% | 617,756 | $1.1M |
| BULLW Webull Corp.-30 | *W EXP 04/10/203 | Add +9649.2% | 392,212 | $1.1M |
| TMCWW TMC the Metals Co. Inc. -CW25I | *W EXP 09/09/202 | Add +843.1% | 860,671 | $1.1M |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | New | 1,941,413 | $775K |
| SHMDW Schmid Group NV -28 | *W EXP 04/30/202 | New | 385,090 | $562K |
| AISPW Airship AI Holdings Inc.-CW28 | *W EXP 12/21/202 | Add +89.4% | 630,577 | $504K |
| DAVEW Dave Inc. -CW27 | *W EXP 01/05/202 | Add +26.6% | 381,431 | $374K |
| BZAIW Burtech Acquisition -CW23 | *W EXP 01/13/203 | Add +87.6% | 898,556 | $359K |
| JOBY.WS Joby Aviation Inc. -CW25 | *W EXP 08/10/202 | Add +19.9% | 88,148 | $349K |
| WLACW Willow Lane Acquisition - 29 | *W EXP 10/31/203 | Sold out | 111,000 | $311Kbefore exit |
| AIRJW Power & Digital Acq -CW24 | *W EXP 03/15/202 | Add +35.0% | 282,576 | $240K |
| GCMGW GCM Grosvenor Inc. A -CW25 | *W EXP 11/17/202 | Sold out | 425,000 | $226Kbefore exit |
| OPFI.WS Oppfi Inc. -CW26 | *W EXP 07/20/202 | Add +22.5% | 139,522 | $213K |
| PEW.WS Grabagun Digital Holdings Inc. | *W EXP 99/99/999 | Add +107.2% | 564,138 | $212K |
| EVLVW Evolv Technologies -CW26 | *W EXP 07/16/202 | Add +136.6% | 780,601 | $210K |
| ACHR.WS Archer Aviation Inc. -CW26 | *W EXP 09/16/202 | Add +2917.0% | 163,311 | $187K |
| BTMWQ Bitcoin Depot Inc.-CW23 | *W EXP 06/30/202 | Add +5.0% | 1,590,677 | $179K |
| LZM.WS Lifezone Metals Ltd. -28 | *W EXP 07/05/202 | Add +318.1% | 267,044 | $110K |
| FBYDW Falcon's Beyond Global-27 | *W EXP 10/06/202 | New | 48,550 | $98K |
| RVMDW Revolution Medicines Inc.-28 | *W EXP 12/17/202 | New | 100,000 | $94K |
| NPWR.WS Rice Acquisition Corp. II-CW | *W EXP 06/08/202 | Add +637.0% | 114,375 | $57K |
| MDAIW Spectral AI -CW27 | *W EXP 09/11/202 | Add +31.5% | 83,537 | $38K |
| BKKT.WS Bakkt Holdings Inc. -CW26 | *W EXP 10/25/202 | Sold out | 7,500 | $3Kbefore exit |
| ASTLW Algoma Steel Group Inc. -CW26 | *W EXP 10/19/202 | Add +1182.0% | 44,550 | $3K |
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | Sold out | 3,911 | $2Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 493 | $2.7B | NVDA, TSM, MSFT, TSLA, OWL |
| Q1 2026 | 486 | $2.0B | NVDA, OWL, TSLA, AMZN, META |
| Q4 2025 | 499 | $2.2B | NVDA, TSLA, AMZN, AAPL, GOOG |
| Q3 2025 | 550 | $1.6B | TSLA, AMZN, NVDA, GOOG, ECHO |
| Q2 2025 | 480 | $1.1B | TSLA, GOOG, SLNO, INSM, SKX |
| Q1 2025 | 504 | $2.2B | MSFT, AMZN, NVDA, GOOGL, GOOG |
| Q4 2024 | 500 | $2.4B | NVDA, TSLA, GOOG, GOOGL, AMZN |
| Q3 2024 | 417 | $928.5M | C, VZ, KRE, GOOG, AVGO |
| Q2 2024 | 384 | $933.6M | C, VZ, KRE, GOOG, ALNY |
| Q1 2024 | 359 | $907.7M | C, VZ, KRE, META, SRPT |