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

0$1.0B$2.0B$3.0B Q1 2024: $907.7M Q1 2024 Q2 2024: $933.6M Q2 2024 Q3 2024: $928.5M Q3 2024 Q4 2024: $2.4B Q4 2024 Q1 2025: $2.2B Q1 2025 Q2 2025: $1.1B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $2.2B $2.2B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.7B Q2 2026

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%
SBUX Starbucks Corp. 0.17% 45,500 $3.8M Add +9000.0%
TAN Invesco Solar ETF 0.17% 76,574 $3.8M Add +25.7%
JANX Janux Therapeutics Inc. 0.17% 272,500 $3.8M Add +202.8%
TKO Tko Group Holdings Inc. 0.17% 17,805 $3.7M No change
NNDM Nano Dimension Ltd. - ADR 0.17% 2,412,674 $3.7M Reduce -19.7%
ABBV Abbvie Inc. 0.17% 16,100 $3.7M New
TRTX TPG Re Finance Trust Inc. 0.16% 421,783 $3.6M New
ASMB Assembly Biosciences Inc. 0.16% 106,591 $3.6M New
DKS Dick's Sporting Goods Inc. 0.16% 18,000 $3.6M New
ROIV Roivant Sciences Ltd. 0.16% 160,987 $3.5M New
BKD Brookdale Senior Living Inc. 0.16% 319,753 $3.5M Add +97.5%
CARR Carrier Global Corp. 0.16% 65,000 $3.4M New
XLI SS Industrial Select Sector 0.15% 22,000 $3.4M New
AMTM Amentum Holdings Inc. 0.15% 116,500 $3.4M Add +183.4%
PCG P G & E Corp. 0.15% 210,000 $3.4M Reduce -27.5%
TGT Target Corp. 0.15% 34,500 $3.4M Add +400.0%
PFE Pfizer Inc. 0.15% 134,800 $3.4M New
FLEX Flex Ltd. 0.15% 55,000 $3.3M Add +60.4%
DXCM Dexcom Inc. 0.15% 50,000 $3.3M Add +18.5%
MDLZ Mondelez International Inc. Class A 0.15% 61,600 $3.3M Add +262.4%
IMMR Immersion Corporation 0.15% 482,198 $3.3M Add +41.6%
IMCR Immunocore Holdings PLC-ADR 0.15% 94,384 $3.3M Reduce -79.6%
SLB SLB Ltd. filed as SLB LIMITED 0.15% 83,800 $3.2M Add +60.5%
PSKY Paramount Skydance Class B 0.14% 236,659 $3.2M New
CART Maplebear Inc. 0.14% 70,203 $3.2M Add +26.4%
IE Ivanhoe Electric Inc. / US 0.14% 189,800 $3.0M Add +5.4%
HL Hecla Mining Co. 0.14% 158,000 $3.0M New
ARWR Arrowhead Pharmaceuticals Inc. 0.14% 44,900 $3.0M New
BP BP PLC-Spons ADR 0.13% 85,491 $3.0M Reduce -13.1%
KWEB Kranesh Csi China Internet 0.13% 84,100 $2.9M New
COST Costco Wholesale Corp. 0.13% 3,280 $2.8M New
ZTS Zoetis Inc. 0.13% 22,000 $2.8M New
XRT SS SPDR S&P Retail ETF 0.13% 32,400 $2.8M New
IP International Paper Co. 0.13% 70,000 $2.8M Add +566.7%
NTRA Natera Inc. 0.12% 12,000 $2.7M New
TFC Truist Financial Corp. 0.12% 55,000 $2.7M New
QCOM Qualcomm Inc. 0.12% 15,790 $2.7M New
VLY Valley National Bancorp 0.12% 230,000 $2.7M Reduce -20.7%
FWRD Forward Air Corp. 0.12% 106,987 $2.7M New
CRH CRH PLC 0.12% 21,402 $2.7M New
INTU Intuit Inc. 0.12% 4,000 $2.6M New
MKSI MKS Inc. 0.12% 16,328 $2.6M No change
YUMC Yum China Holdings Inc. 0.12% 54,600 $2.6M Reduce -18.0%
CAR Avis Budget Group Inc. 0.12% 20,000 $2.6M New
AGIO Agios Pharmaceuticals Inc. 0.12% 93,486 $2.5M Add +434.4%
QS Quantumscape Corp. 0.11% 242,100 $2.5M Add +21.8%
KVUE Kenvue Inc. 0.11% 144,000 $2.5M Add +6.9%
TROX Tronox Holdings PLC 0.11% 594,792 $2.5M Add +23.9%
GEV GE Vernova Inc. 0.11% 3,750 $2.5M New
URI United Rentals Inc. 0.11% 3,000 $2.4M New
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.11% 26,000 $2.4M New
LUV Southwest Airlines Co. 0.11% 56,275 $2.3M Reduce -56.8%
PAYO Payoneer Global Inc. 0.10% 410,000 $2.3M Reduce -18.0%
REPL Replimune Group Inc. 0.10% 228,570 $2.2M Add +34.5%
TBCH Turtle Beach Corp. 0.10% 157,566 $2.2M Reduce -44.4%
LNG Cheniere Energy Inc. 0.10% 11,200 $2.2M New
VFC VF Corp. 0.10% 116,900 $2.1M Add +39.2%
SEI Solaris Energy Infrastructur 0.10% 45,923 $2.1M New
YETI Yeti Holdings Inc. filed as YETI HLDGS INC 0.09% 47,315 $2.1M Reduce -8.5%
HUN Huntsman Corp. 0.09% 207,000 $2.1M Reduce -49.1%
RMNI Rimini Street Inc. 0.09% 527,860 $2.0M Reduce -13.2%
ENPH Enphase Energy Inc. 0.09% 63,700 $2.0M New
TEVA Teva Pharmaceutical-SP ADR 0.09% 65,000 $2.0M New
FMX Fomento Economico Mex-SP ADR 0.09% 20,000 $2.0M New
GAP The Gap Inc. 0.09% 78,000 $2.0M Add +62803.2%
IDYA Ideaya Biosciences Inc. 0.09% 57,167 $2.0M Add +193.2%
SLNO Soleno Therapeutics Inc. 0.09% 42,100 $1.9M Reduce -88.6%
HOLX Hologic Inc. 0.09% 26,137 $1.9M Reduce -73.8%
ANDE The Andersons Inc. 0.09% 36,400 $1.9M New
CAVA Cava Group Inc. 0.09% 32,700 $1.9M Reduce -7.4%
KMB Kimberly-Clark Corp. 0.09% 19,000 $1.9M New
BTDR Bitdeer Technologies Group-A 0.09% 170,000 $1.9M Reduce -33.7%
KALV Kalvista Pharmaceuticals Inc. 0.09% 117,907 $1.9M Reduce -16.6%
GTLB Gitlab Inc. Class A 0.09% 50,500 $1.9M Reduce -17.2%
STLD Steel Dynamics Inc. 0.08% 11,000 $1.9M New
GIL Gildan Activewear Inc. 0.08% 29,840 $1.9M New
SEZL Sezzle Inc. 0.08% 29,161 $1.9M New
JAZZ Jazz Pharmaceuticals PLC 0.08% 10,747 $1.8M New
CE Celanese Corp. 0.08% 43,000 $1.8M New
THRM Gentherm Inc. 0.08% 49,918 $1.8M No change
MAT Mattel Inc. 0.08% 90,000 $1.8M New
CYTK Cytokinetics Inc. 0.08% 27,999 $1.8M Reduce -7.8%
SMG Scotts Miracle-Gro Co. 0.08% 30,218 $1.8M Reduce -15.6%
AGM Federal Agric MTG Corp. Class C 0.08% 9,999 $1.8M New
MTCH Match Group Inc. 0.08% 54,200 $1.8M Reduce -58.5%
URA Global X Uranium ETF 0.08% 40,547 $1.7M Add +189.6%
MTN Vail Resorts Inc. 0.08% 13,000 $1.7M New
BNED Barnes & Noble Education Inc. 0.08% 185,906 $1.7M Add +127.2%
AMCR Amcor PLC 0.08% 200,000 $1.7M Reduce -16.7%
CMCSA Comcast Corp. Class A 0.07% 55,000 $1.6M Add +450.0%
RBLX Roblox Corp. Class A 0.07% 19,800 $1.6M New
NWL Newell Brands Inc. 0.07% 430,987 $1.6M New
ONC Beone Medicines Ltd.-ADR 0.07% 5,224 $1.6M Add +63.3%
LRMR Larimar Therapeutics Inc. 0.07% 415,294 $1.6M Reduce -68.3%
CRWV Coreweave Inc. Class A 0.07% 22,000 $1.6M New
AKAM Akamai Technologies Inc. 0.07% 18,000 $1.6M New
NLY Annaly Capital Management Inc. 0.07% 70,000 $1.6M New
LITE Lumentum Holdings Inc. 0.07% 4,200 $1.5M New
GENI Genius Sports Ltd. 0.07% 139,200 $1.5M New
FIP Ftai Infrastructure Inc. 0.07% 332,494 $1.5M Reduce -3.8%
GLNG Golar LNG Ltd. 0.07% 40,900 $1.5M Add +78.6%
UBER Uber Technologies Inc. 0.07% 18,600 $1.5M Add +0.5%
ASO Academy Sports & Outdoors Inc. 0.07% 30,000 $1.5M Reduce -69.5%
VTRS Viatris Inc. 0.07% 120,000 $1.5M Add +424.0%
FSK FS KKR Capital Corp. 0.07% 100,184 $1.5M Add +100.4%
NKTR Nektar Therapeutics 0.07% 35,000 $1.5M New
CDZI Cadiz Inc. 0.07% 262,345 $1.5M Add +67.1%
CAH Cardinal Health Inc. 0.07% 7,152 $1.5M Reduce -2.0%
HIMS Hims & Hers Health Inc. 0.07% 45,000 $1.5M Add +350.0%
LION Lionsgate Studios Corp. 0.07% 160,000 $1.5M Add +357.1%
MOD Modine Manufacturing Co. 0.07% 10,882 $1.5M New
ACI Albertsons Cos Inc. Class A 0.07% 84,054 $1.4M Add +9.9%
FLR Fluor Corp. 0.06% 36,000 $1.4M Reduce -74.8%
BCH Banco DE Chile-ADR 0.06% 37,241 $1.4M Reduce -66.8%
AMT American Tower Corp. 0.06% 8,000 $1.4M New
FIVE Five Below 0.06% 7,400 $1.4M New
CAT Caterpillar Inc. 0.06% 2,400 $1.4M New
CAI Caris Life Sciences Inc. 0.06% 50,888 $1.4M New
SOFI Sofi Technologies Inc. 0.06% 51,500 $1.3M Reduce -28.0%
AES AES Corp. 0.06% 94,000 $1.3M Reduce -29.9%
FE Firstenergy Corp. 0.06% 30,000 $1.3M New
MNRO Monro Inc. 0.06% 65,299 $1.3M New
FOUR SHIFT4 Payments Inc. Class A 0.06% 20,746 $1.3M Reduce -27.8%
VKTX Viking Therapeutics Inc. 0.06% 36,880 $1.3M Reduce -65.8%
COLD Americold Realty Trust Inc. 0.06% 100,000 $1.3M New
HE Hawaiian Electric Inds 0.06% 104,245 $1.3M Reduce -13.1%
KKR KKR & Co. Inc. 0.06% 10,000 $1.3M Add +38.9%
MANU Manchester United PLC Class A 0.06% 79,579 $1.3M Add +1188.9%
AVXL Anavex Life Sciences Corp. 0.06% 354,838 $1.3M New
GT Goodyear Tire & Rubber Co. 0.06% 143,734 $1.3M New
AG First Majestic Silver Corp. 0.06% 75,500 $1.3M New
MBLY Mobileye Global Inc. Class A 0.06% 120,000 $1.3M New
STT State Street Corp. 0.06% 9,710 $1.3M Add +5.4%
APPF Appfolio Inc. Class A 0.06% 5,300 $1.2M New
ON On Semiconductor 0.06% 22,750 $1.2M Reduce -61.8%
NTGR Netgear Inc. 0.06% 50,219 $1.2M Add +7.0%
B Barrick Mining Corp. 0.06% 28,200 $1.2M Add +941.0%
BXP BXP Inc. 0.06% 18,000 $1.2M Add +20.0%
MA Mastercard Inc. Class A 0.05% 2,100 $1.2M New
CRON Cronos Group Inc. 0.05% 454,661 $1.2M Reduce -42.8%
KRE SS SPDR S&P Regional Bank 0.05% 18,372 $1.2M Reduce -83.8%
BMRN Biomarin Pharmaceutical Inc. 0.05% 19,500 $1.2M New
BURL Burlington Stores Inc. 0.05% 4,000 $1.2M Reduce -25.3%
PR Permian Resources Corp. Class A 0.05% 81,200 $1.1M No change
FISV Fiserv Inc. 0.05% 16,900 $1.1M Reduce -27.2%
LYV Live Nation Entertainment Inc. 0.05% 7,959 $1.1M Reduce -85.0%
TLN Talen Energy Corp. 0.05% 2,977 $1.1M New
SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE 0.05% 15,582 $1.1M Reduce -77.1%
HAS Hasbro Inc. 0.05% 12,900 $1.1M New
ALIT Alight Inc. Class A 0.05% 540,000 $1.1M Reduce -3.6%
CMTG Claros Mortgage Trust Inc. 0.05% 340,000 $1.0M Add +14.4%
AMRX Amneal Pharmaceuticals Inc. 0.05% 81,735 $1.0M New
AR Antero Resources Corp. 0.05% 29,446 $1.0M Add +2576.9%
INDI Indie Semiconductor Inc. Class A 0.05% 286,600 $1.0M New
ARM Arm Holdings PLC-ADR 0.05% 9,250 $1.0M Add +12.1%
AEVA Aeva Technologies Inc. 0.05% 75,000 $996K New
OBDC Blue Owl Capital Corp. 0.05% 80,000 $994K Add +433.3%
GEO The Geo Group Inc. 0.05% 61,616 $993K Add +553.6%
AMBA Ambarella Inc. 0.04% 14,000 $992K Reduce -33.9%
AAP Advance Auto Parts Inc. 0.04% 25,000 $983K New
EZPW Ezcorp Inc. Class A 0.04% 50,000 $971K No change
CCOI Cogent Communications Holdin 0.04% 45,000 $970K Add +100.0%
STNG Scorpio Tankers Inc. 0.04% 18,860 $959K Add +233.5%
AVTX Avalo Therapeutics Inc. 0.04% 52,641 $956K New
EMN Eastman Chemical Co. 0.04% 14,819 $946K New
ETSY Etsy Inc. 0.04% 17,000 $942K Add +6.3%
DV Doubleverify Holdings Inc. 0.04% 82,059 $939K New
ALLT Allot Ltd. 0.04% 95,394 $938K Add +7.8%
PYPL PayPal Holdings Inc. 0.04% 16,049 $937K Reduce -45.8%
RKLB Rocket Lab Corp. 0.04% 13,398 $935K New
NVAX Novavax Inc. 0.04% 139,050 $934K New
GSM Ferroglobe PLC 0.04% 201,150 $933K New
DUK Duke Energy Corp. 0.04% 7,900 $926K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.04% 6,000 $922K No change
AAL American Airlines Group Inc. 0.04% 60,000 $920K New
TFX Teleflex Inc. 0.04% 7,500 $915K New
FND Floor & Decor Holdings Inc. Class A 0.04% 15,000 $913K New
AEO American Eagle Outfitters 0.04% 34,500 $910K No change
WMB Williams Cos Inc. 0.04% 15,100 $908K New
PCT Purecycle Technologies Inc. 0.04% 105,000 $902K New
DAR Darling Ingredients Inc. 0.04% 25,000 $900K New
LODE Comstock Inc. 0.04% 234,999 $884K No change
SRPT Sarepta Therapeutics Inc. 0.04% 40,890 $880K Add +15.1%
DBRG Digitalbridge Group Inc. 0.04% 56,442 $866K Add +444.8%
CLBT Cellebrite Di Ltd. 0.04% 48,000 $865K New
KDP Keurig Dr Pepper Inc. 0.04% 30,300 $849K Reduce -75.0%
HAL Halliburton Co. 0.04% 30,000 $848K Reduce -25.0%
CIFR Cipher Digital Inc. 0.04% 57,198 $844K Reduce -84.4%
BITF Bitfarms Ltd./Canada 0.04% 358,800 $843K Reduce -23.6%
VERX Vertex Inc. Class A 0.04% 41,159 $822K No change
DOW Dow Inc. 0.04% 35,128 $821K New
ZURA Zura Bio Ltd. 0.04% 155,936 $817K New
LUNR Intuitive Machines Inc. 0.04% 50,000 $812K Reduce -54.5%
POWL Powell Industries Inc. 0.04% 2,500 $797K New
GD General Dynamics Corp. 0.04% 2,365 $796K Reduce -35.5%
JHX James Hardie Ind PLC 0.04% 38,000 $789K New
UUUU Energy Fuels Inc. 0.04% 53,550 $779K Reduce -78.8%
PVH PVH Corp. 0.04% 11,533 $773K No change
NAK Northern Dynasty Minerals 0.03% 390,000 $768K Add +680.0%
ELV Elevance Health Inc. 0.03% 2,150 $754K Reduce -31.8%
CPRI Capri Holdings Ltd. 0.03% 30,599 $747K New
RGLD Royal Gold Inc. 0.03% 3,302 $734K New
OLED Universal Display Corp. 0.03% 6,200 $724K New
MTRN Materion Corp. 0.03% 5,800 $721K No change
PRGS Progress Software Corp. 0.03% 16,700 $717K Reduce -33.7%
SE Sea Ltd.-ADR 0.03% 5,600 $714K Reduce -69.2%
UPS United Parcel Service Class B 0.03% 6,825 $677K Reduce -60.6%
LXU LSB Industries Inc. 0.03% 78,935 $671K New
ARDX Ardelyx Inc. 0.03% 115,000 $670K New
BNTX Biontech SE-ADR 0.03% 7,000 $666K New
TRIP Tripadvisor Inc. 0.03% 45,641 $665K Add +65.4%
XPOF Xponential Fitness Inc. Class A 0.03% 80,680 $664K Reduce -46.5%
OKLO Oklo Inc. 0.03% 9,200 $660K Reduce -68.3%
UPST Upstart Holdings Inc. 0.03% 15,000 $656K No change
DRD Drdgold Ltd.-Sponsored ADR 0.03% 21,000 $651K No change
BG Bunge Global SA 0.03% 7,200 $641K New
GEF Greif Inc. Class A 0.03% 9,457 $640K No change
GRND Grindr Inc. 0.03% 47,163 $639K New
CHWY Chewy Inc. Class A 0.03% 19,200 $635K Add +41.2%
AHCO Adapthealth Corp. 0.03% 63,676 $634K New
IPI Intrepid Potash Inc. 0.03% 21,956 $609K Reduce -18.6%
ROCK Gibraltar Industries Inc. 0.03% 12,300 $608K New
STM Stmicroelectronics NV-NY SHS 0.03% 23,300 $604K Reduce -51.8%
DAL Delta Air Lines Inc. 0.03% 8,700 $604K Reduce -79.8%
KROS Keros Therapeutics Inc. 0.03% 29,500 $601K Reduce -18.2%
ANNX Annexon Inc. 0.03% 119,491 $600K New
FUN Six Flags Entertainment Corp. 0.03% 38,672 $593K New
GTM Zoominfo Technologies Inc. 0.03% 57,484 $585K Reduce -24.4%
FIVN FIVE9 Inc. 0.03% 29,074 $583K Reduce -21.6%
PRTA Prothena Corp. PLC 0.03% 61,009 $583K No change
GGAL Grupo Financiero Galicia-ADR 0.03% 10,722 $578K New
LAZ Lazard Inc. 0.03% 11,900 $578K No change
HLF Herbalife Ltd. 0.03% 44,700 $576K Reduce -31.2%
CYRX Cryoport Inc. 0.03% 60,004 $576K No change
APYX Apyx Medical Corp. 0.03% 160,407 $561K Add +29.4%
SOLS Solstice Adv Materials Inc. 0.03% 11,500 $559K Add +94.1%
GSBD Goldman Sachs BDC Inc. 0.03% 59,644 $553K New
MFA Mfa Financial Inc. 0.02% 58,796 $547K Reduce -53.3%
VSTM Verastem Inc. 0.02% 70,405 $544K New
OXY Occidental Petroleum Corp. 0.02% 13,192 $542K New
BKR Baker Hughes Co. 0.02% 11,800 $537K Reduce -50.4%
EWY iShares MSCI South Korea ETF 0.02% 5,400 $525K New
CX Cemex Sab-Spons ADR Part Cer 0.02% 44,400 $510K Reduce -31.5%
SNAP Snap Inc. Class A 0.02% 63,200 $510K No change
FPH Five Point Holdings LLC Class A 0.02% 89,000 $498K New
VG Venture Global Inc. Class A 0.02% 72,800 $496K Reduce -11.5%
RYTM Rhythm Pharmaceuticals Inc. 0.02% 4,614 $494K New
SLM SLM Corp. 0.02% 18,000 $487K New
SWKS Skyworks Solutions Inc. 0.02% 7,500 $476K New
TSN Tyson Foods Inc. Class A 0.02% 8,000 $469K Reduce -46.7%
BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 0.02% 29,000 $457K No change
CRBP Corbus Pharmaceuticals Holdi 0.02% 56,066 $456K New
PTLO Portillo's Inc. Class A 0.02% 100,000 $454K No change
DCH Dauch Corporation filed as AMERICAN AXLE & MFG HLDGS IN 0.02% 70,000 $449K Add +166.9%
NTR Nutrien Ltd. 0.02% 7,200 $444K New
CVE Cenovus Energy Inc. 0.02% 26,100 $442K New
PBF PBF Energy Inc. Class A 0.02% 16,000 $434K New
VTS Vitesse Energy Inc. 0.02% 22,000 $424K No change
ENGENE HOLDINGS INC 0.02% 141,904 $420K Add +1886.3%
LRN Stride Inc. 0.02% 6,400 $416K New
IMVT Immunovant Inc. 0.02% 16,000 $407K Reduce -82.2%
PFSI Pennymac Financial Services 0.02% 3,060 $403K No change
BRSP Brightspire Capital Inc. 0.02% 71,152 $398K Reduce -14.7%
MEOH Methanex Corp. 0.02% 10,018 $398K No change
WTI W&T Offshore Inc. 0.02% 242,379 $395K Add +337.6%
HUM Humana Inc. 0.02% 1,538 $394K Reduce -92.3%
BCAX Bicara Therapeutics Inc. 0.02% 23,000 $387K New
CRVS Corvus Pharmaceuticals Inc. 0.02% 49,325 $380K Add +126.0%
CZR Caesars Entertainment Inc. 0.02% 15,936 $373K Reduce -81.7%
PAR Par Technology Corp. 0.02% 10,000 $363K New
DHC Diversified Healthcare Trust 0.02% 74,663 $362K Add +59.6%
BTG B2GOLD Corp. 0.02% 80,000 $361K No change
WOR Worthington Enterprises Inc. 0.02% 6,800 $351K No change
FTDR Frontdoor Inc. 0.02% 6,000 $346K No change
PPLI People Inc. filed as IAC INC 0.02% 8,851 $346K New
GPRE Green Plains Inc. 0.02% 35,000 $343K Reduce -38.2%
NAMS Newamsterdam Pharma Co. NV 0.02% 9,528 $334K New
PATH Uipath Inc. Class A 0.01% 20,000 $328K New
MTX Minerals Technologies Inc. 0.01% 5,375 $328K New
DOCN Digitalocean Holdings Inc. 0.01% 6,750 $325K Reduce -90.1%
GNRC Generac Holdings Inc. 0.01% 2,300 $314K Reduce -78.1%
NTNX Nutanix Inc. Class A 0.01% 6,000 $310K Reduce -73.9%
LEN Lennar Corp. Class A 0.01% 3,000 $308K New
APPN Appian Corp. Class A 0.01% 8,697 $308K No change
PLAY Dave & Buster's Entertainmen 0.01% 18,906 $306K Add +33.6%
SGHC Super Group SGHC Ltd. 0.01% 25,200 $301K New
ABEO Abeona Therapeutics Inc. 0.01% 57,031 $301K New
CRNC Cerence Inc. 0.01% 27,951 $299K New
BZ Kanzhun Ltd. - ADR 0.01% 14,375 $293K No change
SHAK Shake Shack Inc. Class A 0.01% 3,529 $286K No change
ULCC Frontier Group Holdings Inc. 0.01% 59,900 $282K Add +19.8%
ELF Elf Beauty Inc. 0.01% 3,703 $282K New
PTON Peloton Interactive Inc. Class A 0.01% 45,600 $281K Reduce -79.5%
DCO Ducommun Inc. 0.01% 2,859 $272K New
CRNT Ceragon Networks Ltd. 0.01% 128,751 $270K Reduce -2.7%
ALT Altimmune Inc. 0.01% 74,438 $269K Reduce -42.7%
VIAV Viavi Solutions Inc. 0.01% 15,000 $267K New
MGNI Magnite Inc. 0.01% 16,200 $263K New
TEM Tempus AI Inc. Class A 0.01% 4,300 $254K Reduce -36.8%
FLG Flagstar Bank NA 0.01% 20,000 $252K Reduce -73.9%
UPWK Upwork Inc. 0.01% 12,626 $250K Reduce -7.8%
ABM Abm Industries Inc. 0.01% 5,755 $243K New
FANG Diamondback Energy Inc. 0.01% 1,600 $241K No change
WRAP Wrap Technologies Inc. 0.01% 99,499 $237K Reduce -0.8%
INSG Inseego Corp. 0.01% 23,038 $237K Add +28.7%
GOSS Gossamer Bio Inc. 0.01% 75,375 $234K New
EAF Graftech International Ltd. 0.01% 15,000 $233K No change
AEP American Electric Power 0.01% 2,000 $231K Reduce -41.2%
ATEX Anterix Inc. 0.01% 10,493 $229K New
OTEX Open Text Corp. 0.01% 7,000 $228K No change
YOU Clear Secure Inc. Class A 0.01% 6,460 $227K New
JMIA Jumia Technologies AG-ADR 0.01% 18,000 $225K New
TOON Kartoon Studios Inc. 0.01% 304,216 $219K Add +52.1%
ENTG Entegris Inc. 0.01% 2,500 $211K New
RIG Transocean Ltd. 0.01% 50,000 $207K No change
SBLK Star Bulk Carriers Corp. 0.01% 10,638 $204K No change
NRDS Nerdwallet Inc. Class A 0.01% 15,000 $203K New
NPWR Net Power Inc. 0.01% 86,228 $197K Reduce -75.0%
SABR Sabre Corp. 0.01% 143,142 $195K No change
GLXY Galaxy Digital Inc. Class A 0.01% 8,700 $195K New
ACHV Achieve Life Sciences Inc. 0.01% 37,695 $187K New
JBS JBS NV-A 0.01% 12,800 $185K Add +747.7%
UNG US Natural Gas Fund LP 0.01% 15,000 $184K New
LYB Lyondellbasell Indu Class A 0.01% 4,226 $183K New
SIG Signet Jewelers Ltd. 0.01% 2,200 $182K New
ALDX Aldeyra Therapeutics Inc. 0.01% 35,000 $181K New
NTLA Intellia Therapeutics Inc. 0.01% 20,000 $180K Add +15525.0%
TDAY USA Today Co. Inc. 0.01% 34,864 $180K Add +367.1%
STLN Starling Oncology Inc. filed as THE ONCOLOGY INSTITUTE INC 0.01% 50,100 $178K New
ARHS Arhaus Inc. 0.01% 15,640 $175K No change
SA Seabridge Gold Inc. 0.01% 5,906 $175K New
TITN Titan Machinery Inc. 0.01% 11,430 $172K Reduce -45.0%
ANET Arista Networks Inc. 0.01% 1,300 $170K Reduce -31.6%
PEB Pebblebrook Hotel Trust 0.01% 15,000 $170K No change
REKR Rekor Systems Inc. 0.01% 118,912 $164K Add +11.2%
KD Kyndryl Holdings Inc. 0.01% 6,000 $159K New
UAA Under Armour Inc. Class A 0.01% 31,499 $157K Reduce -75.6%
CCI Crown Castle Inc. 0.01% 1,700 $151K Reduce -96.2%
HPP Hudson Pacific Properties Inc. 0.01% 13,568 $147K Add +136.0%
MAGN Magnera Corp. 0.01% 9,376 $142K Reduce -73.8%
DNN Denison Mines Corp. 0.01% 50,300 $134K Reduce -85.7%
ARE Alexandria Real Estate Equit 0.01% 2,664 $130K New
STIM Neuronetics Inc. 0.01% 92,501 $128K Add +571.4%
RXO Rxo Inc. 0.01% 10,000 $126K New
SEAT Vivid Seats Inc. Class A 0.01% 17,309 $125K Reduce -27.3%
ACLX Arcellx Inc. 0.01% 1,825 $119K Reduce -85.5%
VEL Velocity Financial Inc. 0.01% 5,643 $117K Reduce -72.4%
UEC Uranium Energy Corp. 0.01% 10,000 $117K Reduce -25.4%
CLSK Cleanspark Inc. 0.01% 11,400 $115K New
WU Western Union Co. 0.01% 12,300 $115K Reduce -38.5%
IMNM Immunome Inc. 0.01% 5,300 $114K Reduce -99.5%
NWPX NWPX Infrastructure Inc. 0.01% 1,777 $111K New
CLMT Calumet Inc. 0.00% 5,457 $108K New
ASPN Aspen Aerogels Inc. 0.00% 36,100 $102K Add +20.3%
LYFT LYFT Inc. Class A 0.00% 5,000 $97K Reduce -85.5%
SVC Service Pptys TR 0.00% 48,146 $89K Reduce -25.9%
BW Babcock & Wilcox Enterpr 0.00% 13,000 $82K New
UWMC Uwm Holdings Corp. 0.00% 18,698 $82K Reduce -89.3%
HAFN Hafnia Ltd. 0.00% 14,812 $79K Add +146.3%
EGBN Eagle Bancorp Inc. 0.00% 3,654 $78K Reduce -63.5%
WOLF Wolfspeed Inc. 0.00% 4,376 $76K Reduce -37.5%
HASI Ha Sustainable Infrastructur 0.00% 2,394 $75K Reduce -96.4%
ASPI Asp Isotopes Inc. 0.00% 13,800 $74K New
NAT Nordic American Tankers Ltd. 0.00% 20,512 $71K New
PLCE The Children's Place Inc. 0.00% 14,379 $57K Reduce -43.4%
PODD Insulet Corp. 0.00% 200 $57K Reduce -86.7%
PTEN Patterson-Uti Energy Inc. 0.00% 8,900 $54K Reduce -49.1%
TDOC Teladoc Health Inc. 0.00% 7,599 $53K Reduce -74.7%
DYN Dyne Therapeutics Inc. 0.00% 2,500 $49K New
TD Toronto-Dominion Bank 0.00% 515 $49K No change
MED Medifast Inc. 0.00% 4,396 $47K Reduce -74.7%
REI Ring Energy Inc. 0.00% 53,573 $47K No change
DLO Dlocal Ltd. 0.00% 3,081 $44K Reduce -74.5%
BWXT BWX Technologies Inc. 0.00% 250 $43K Reduce -16.7%
IVR Invesco Mortgage Capital 0.00% 5,099 $43K New
AKBA Akebia Therapeutics Inc. 0.00% 24,692 $40K New
FORR Forrester Research Inc. 0.00% 4,834 $39K New
STUB Stubhub Holdings Inc. Class A 0.00% 2,726 $37K New
CNDT Conduent Inc. 0.00% 16,632 $32K No change
BED BATH & BEYOND INC 0.00% 47,824 $32K Add +2291.2%
BHC Bausch Health Cos Inc. 0.00% 4,464 $31K Reduce -71.5%
ASTL Algoma Steel Group Inc. 0.00% 7,456 $31K New
RPT Rithm Property Trust Inc. 0.00% 1,422 $24K New
MREO Mereo Biopharma Group PL-ADR 0.00% 50,000 $21K Reduce -73.7%
AIRS Airsculpt Technologies Inc. 0.00% 10,400 $21K Reduce -47.5%
CNC Centene Corp. 0.00% 500 $21K Reduce -85.7%
EU Encore Energy Corp. 0.00% 7,500 $19K Reduce -70.0%
UAMY United States Antimony Corp. 0.00% 3,000 $15K New
BLND Blend Labs Inc. Class A 0.00% 4,589 $14K Reduce -97.0%
RWT Redwood Trust Inc. 0.00% 2,500 $14K Reduce -85.6%
VTGN Vistagen Therapeutics Inc. 0.00% 16,770 $11K New
KOPN Kopin Corp. 0.00% 3,830 $9K Reduce -98.6%
SIBN Si-Bone Inc. 0.00% 422 $8K New
RH RH 0.00% 40 $7K Reduce -99.5%
TH Target Hospitality Corp. 0.00% 356 $3K New
STWD Starwood Property Trust Inc. 0.00% 118 $2K No change
RZLT Rezolute Inc. 0.00% 600 $1K Reduce -99.3%
LAZRQ Luminar Technologies Inc. 0.00% 5,341 $427 New
MBI Mbia Inc. 0.00% 6 $43 Reduce -100.0%

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)
SecurityClassShares / PrincipalValueChange
CORZW Core Scientific Inc. - 27 *W EXP 01/23/202 3,487,150$29.5MAdd +0.2%
PL.WS Planet Labs PBC -CW26 *W EXP 12/06/202 882,762$7.6MAdd +340.1%
NNAVW Nextnav Inc. *W EXP 99/99/999 840,850$6.0MAdd +68.2%
RGTIW Rigetti Computing -CW27 *W EXP 03/02/202 302,256$3.4MNo change
CRMLW Critical Metals Corp.-28 *W EXP 02/27/202 791,316$2.2MAdd +89.9%
AMPX.WS Amprius Technologies Inc. *W EXP 09/14/202 682,810$1.8MNo change
OPENW Opendoor Technologies Inc.-26 *W EXP 11/20/202 1,927,214$1.7MAdd +23570.5%
IMSRW HCM II Acquisition Corp. - 29 *W EXP 10/28/203 806,543$1.7MNew
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 499,998$1.3MNo change
OPENL Opendoor Technologies Inc.-26 *W EXP 11/20/202 2,261,981$1.2MNew
NIOBW Niocorp Developments Ltd. -28 *W EXP 03/17/202 617,756$1.1MAdd +353.9%
BULLW Webull Corp.-30 *W EXP 04/10/203 392,212$1.1MAdd +9649.2%
TMCWW TMC the Metals Co. Inc. -CW25I *W EXP 09/09/202 860,671$1.1MAdd +843.1%
OPENZ Opendoor Technologies Inc.-26 *W EXP 11/20/202 1,941,413$775KNew
SHMDW Schmid Group NV -28 *W EXP 04/30/202 385,090$562KNew
AISPW Airship AI Holdings Inc.-CW28 *W EXP 12/21/202 630,577$504KAdd +89.4%
KYIVW Kyivstar Group Ltd. -30 *W EXP 08/14/203 135,880$481KNo change
DAVEW Dave Inc. -CW27 *W EXP 01/05/202 381,431$374KAdd +26.6%
BZAIW Burtech Acquisition -CW23 *W EXP 01/13/203 898,556$359KAdd +87.6%
JOBY.WS Joby Aviation Inc. -CW25 *W EXP 08/10/202 88,148$349KAdd +19.9%
AIRJW Power & Digital Acq -CW24 *W EXP 03/15/202 282,576$240KAdd +35.0%
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 48,088$217KNo change
OPFI.WS Oppfi Inc. -CW26 *W EXP 07/20/202 139,522$213KAdd +22.5%
PEW.WS Grabagun Digital Holdings Inc. *W EXP 99/99/999 564,138$212KAdd +107.2%
EVLVW Evolv Technologies -CW26 *W EXP 07/16/202 780,601$210KAdd +136.6%
ACHR.WS Archer Aviation Inc. -CW26 *W EXP 09/16/202 163,311$187KAdd +2917.0%
BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 1,590,677$179KAdd +5.0%
LZM.WS Lifezone Metals Ltd. -28 *W EXP 07/05/202 267,044$110KAdd +318.1%
FBYDW Falcon's Beyond Global-27 *W EXP 10/06/202 48,550$98KNew
RVMDW Revolution Medicines Inc.-28 *W EXP 12/17/202 100,000$94KNew
NPWR.WS Rice Acquisition Corp. II-CW *W EXP 06/08/202 114,375$57KAdd +637.0%
MDAIW Spectral AI -CW27 *W EXP 09/11/202 83,537$38KAdd +31.5%
SKYH.WS Yellowstone Acquisit A -CW25 *W EXP 01/25/202 50,000$32KNo change
EQV VENTURES ACQUISITION *W EXP 07/01/203 46,615$22KNo change
TGE.WS Generation Essentials - 30 *W EXP 02/15/202 140,127$21KNo change
AUROW Aurora Innovation Inc. -CW28 *W EXP 11/03/202 68,535$15KNo change
PDYNW Sarcos Technology -CW27 *W EXP 09/24/202 178,604$11KNo change
ASTLW Algoma Steel Group Inc. -CW26 *W EXP 10/19/202 44,550$3KAdd +1182.0%
GDEV INC *W EXP 99/99/999 170,635$3KNo change
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 66$116No 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

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 493$2.7BNVDA, TSM, MSFT, TSLA, OWL
Q1 2026 486$2.0BNVDA, OWL, TSLA, AMZN, META
Q4 2025 499$2.2BNVDA, TSLA, AMZN, AAPL, GOOG
Q3 2025 550$1.6BTSLA, AMZN, NVDA, GOOG, ECHO
Q2 2025 480$1.1BTSLA, GOOG, SLNO, INSM, SKX
Q1 2025 504$2.2BMSFT, AMZN, NVDA, GOOGL, GOOG
Q4 2024 500$2.4BNVDA, TSLA, GOOG, GOOGL, AMZN
Q3 2024 417$928.5MC, VZ, KRE, GOOG, AVGO
Q2 2024 384$933.6MC, VZ, KRE, GOOG, ALNY
Q1 2024 359$907.7MC, VZ, KRE, META, SRPT