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Livermore
Livermore
ZHEN

Caption Management, LLC

SEC CIK
0001706766
Latest filing
Aug 14, 2026

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 14, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
341
+13 vs. Q1 2023
Portfolio value
$567.4M
+$100.2M (+21.5%) vs. Q1 2023
Filed
Aug 14, 2023
SEC
Holdings of Caption Management, LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
EXELExelixis, Inc.COM180,000$3.44M0.6%+180,000NewHistory
GLNGGolar LNG LtdSHS171,200$3.45M0.6%+171,200NewHistory
TBCHTurtle Beach CorpCOM NEW306,376$3.57M0.6%+146,022+91.1%AddedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF45,000$3.65M0.6%+45,000New–
PPCPilgrims Pride CorpStock170,299$3.66M0.6%+170,299NewHistory
ZZillow Group, Inc.CL C CAP STK74,400$3.74M0.7%+36,975+98.8%AddedHistory
FSLRFirst Solar, Inc.Stock20,000$3.80M0.7%+20,000NewHistory
LIVNLivaNova PLCSHS76,704$3.94M0.7%+66,647+662.7%AddedHistory
NEENextera Energy IncStock55,142$4.09M0.7%+31,881+137.1%AddedHistory
AEMAgnico Eagle Mines LtdStock84,170$4.21M0.7%−44,730−34.7%ReducedHistory
ASPNAspen Aerogels IncCOM602,948$4.76M0.8%+528,948+714.8%AddedHistory
AMGNAmgen IncStock21,912$4.86M0.9%+21,912NewHistory
PARPar Technology CorpCOM151,200$4.98M0.9%+1,200+0.8%AddedHistory
RPDRapid7, Inc.COM110,000$4.98M0.9%+93,400+562.7%AddedHistory
GENGen Digital Inc.Stock280,000$5.19M0.9%+280,000NewHistory
SUISun Communities IncCOM40,000$5.22M0.9%+40,000NewHistory
CCLCarnival Corp Ltd.UNIT 99/99/9999281,400$5.30M0.9%+85,500+43.6%AddedHistory
NCLHNorwegian Cruise Line Holdings Ltd.SHS260,000$5.66M1.0%+3,400+1.3%AddedHistory
NFLXNetflix IncStock13,016$5.73M1.0%+13,016NewHistory
VanEck ETF Trust92189F700AGRIBUSINESS ETF71,300$5.83M1.0%+71,300New–
ETRNMidstream Co LLCCOM661,503$6.32M1.1%+647,703+4,693.5%AddedHistory
CLColgate Palmolive CoStock86,400$6.66M1.2%+86,400NewHistory
MPCMarathon Petroleum CorpStock59,839$6.98M1.2%+29,000+94.0%AddedHistory
AAPAdvance Auto Parts IncCOM107,500$7.56M1.3%+89,084+483.7%AddedHistory
NVSNovartis AGADR81,700$8.24M1.5%+81,700NewHistory
ORCLOracle CorpStock70,000$8.34M1.5%−18,000−20.5%ReducedHistory
EXEExpand Energy CorpCOM111,500$9.33M1.6%−17,200−13.4%ReducedHistory
BMRNBiomarin Pharmaceutical IncCOM113,872$9.87M1.7%+83,872+279.6%AddedHistory
SGENSeagen Inc.COM55,500$10.7M1.9%+55,500NewHistory
OPCHOption Care Health, Inc.COM NEW336,626$10.9M1.9%+336,626NewHistory
ATVIActivision Blizzard, Inc.COM140,000$11.8M2.1%+140,000NewHistory
State Street SPDR S&P Biotech ETF78464A870ETF145,585$12.1M2.1%+130,985+897.2%Added–
MDGLMadrigal Pharmaceuticals, Inc.COM52,700$12.2M2.1%+1,000+1.9%AddedHistory
SPBSpectrum Brands Holdings, Inc.COM159,531$12.5M2.2%+112,531+239.4%AddedHistory
BVNBuenaventura Mining Co IncSPONSORED ADR1,774,413$13.0M2.3%+1,774,413NewHistory
IPInternational Paper CoCOM412,789$13.1M2.3%+104,500+33.9%AddedHistory
ARGXArgenx SESPONSORED ADR34,100$13.3M2.3%+34,100NewHistory
LMTLockheed Martin CorpStock31,000$14.3M2.5%+31,000NewHistory
PANWPalo Alto Networks IncStock59,283$15.1M2.7%+33,800+132.6%AddedHistory
WWEWorld Wrestling Entertainment, LLCCL A186,182$20.2M3.6%+63,182+51.4%AddedHistory
BMYBristol Myers Squibb CoStock349,400$22.3M3.9%+91,200+35.3%AddedHistory

Options (531)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

The largest 100 of 531 by value.

Option positions of Caption Management, LLC in Q2 2023
SecurityClassPutsCalls
ATVIActivision Blizzard, Inc.COM$275.7M$107.0M
HZNPHorizon Therapeutics Public Ltd CoSHS$120.2M$66.4M
PANWPalo Alto Networks IncStock$107.4M–
OXYOccidental Petroleum CorpStock$17.3M$81.3M
BMYBristol Myers Squibb CoStock$41.5M$44.7M
EXASExact Sciences CorpCOM$64.8M$14.0M
AMTAmerican Tower CorpREIT$25.2M$50.3M
LMTLockheed Martin CorpStock$33.4M$33.4M
iShares Tr464288752US HOME CONS ETF$66.2M–
PGProcter & Gamble CoStock$15.2M$48.6M
RCLRoyal Caribbean Cruises LtdCOM$33.7M$28.0M
CHTRCharter Communications, Inc.CL A$20.6M$40.4M
State Street SPDR S&P Biotech ETF78464A870ETF$27.2M$32.0M
AEMAgnico Eagle Mines LtdStock$27.4M$31.0M
IPInternational Paper CoCOM$28.2M$28.1M
BMRNBiomarin Pharmaceutical IncCOM$31.2M$21.2M
GOOGAlphabet Inc.Stock$52.0M–
SRPTSarepta Therapeutics, Inc.COM$22.1M$29.9M
UNPUnion Pacific CorpStock$31.1M$20.5M
NEENextera Energy IncStock$23.7M$23.7M
JNJJohnson & JohnsonStock$24.8M$20.7M
FSLRFirst Solar, Inc.Stock$10.9M$34.2M
TECKTeck Resources LtdCL B$27.0M$17.0M
ALNYAlnylam Pharmaceuticals, Inc.COM$20.5M$21.6M
WWEWorld Wrestling Entertainment, LLCCL A–$42.1M
MCHPMicrochip Technology IncStock$20.6M$20.6M
KRTXKaruna Therapeutics, Inc.COM$7.59M$33.5M
ARGXArgenx SESPONSORED ADR–$39.0M
METAMeta Platforms, Inc.Stock–$37.7M
BBIOBridgeBio Pharma, Inc.COM$12.7M$21.3M
IRMIron Mountain IncCOM$16.6M$16.9M
OKEONEOK IncCOM$3.70M$27.7M
AZNAstraZeneca PLCSPONSORED ADR$27.8M$2.15M
SPBSpectrum Brands Holdings, Inc.COM$5.46M$24.0M
RUNSunrun Inc.COM$13.6M$15.6M
SGENSeagen Inc.COM$5.33M$23.1M
AMGNAmgen IncStock$27.8M–
VSTVistra Corp.Stock$18.3M$8.87M
APLSApellis Pharmaceuticals, Inc.COM$11.8M$15.1M
IBMInternational Business Machines CorpStock–$26.8M
ENLCEnLink Midstream, LLCCOM UNIT REP LTD–$26.5M
DKNGDraftKings Inc.Stock$11.4M$14.7M
DXCMDexcom IncCOM$11.3M$14.5M
ADPAutomatic Data Processing IncStock$20.7M$4.90M
ORCLOracle CorpStock$14.3M$11.0M
SUISun Communities IncCOM$24.7M–
CVXChevron CorpStock–$23.6M
QSRRestaurant Brands International Inc.COM–$23.5M
LYBLyondellBasell Industries N.V.SHS - A -$7.81M$15.0M
WMGWarner Music Group Corp.COM CL A–$22.3M
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF$21.8M–
DLRDigital Realty Trust, Inc.COM$10.2M$11.5M
ITRIItron, Inc.COM$13.2M$8.58M
HESMHess Midstream LPCL A SHS–$21.5M
FLEXFlex Ltd.Stock$9.67M$11.5M
NCLHNorwegian Cruise Line Holdings Ltd.SHS$3.91M$17.2M
NVONovo Nordisk A SADR$4.85M$16.2M
SPHRSphere Entertainment Co.CL A$12.4M$7.98M
CATCaterpillar IncStock$19.7M–
PNRPENTAIR plcSHS–$19.4M
CTLTCatalent, Inc.COM$4.77M$14.6M
THTarget Hospitality Corp.COM$9.70M$8.87M
CRSPCRISPR Therapeutics AGNAMEN AKT$9.54M$9.00M
MDGLMadrigal Pharmaceuticals, Inc.COM$4.62M$13.9M
LEGNLegend Biotech CorpSPONSORED ADS$2.07M$16.4M
LNGCheniere Energy, Inc.COM NEW$18.3M–
CCLCarnival Corp Ltd.UNIT 99/99/9999–$18.2M
DLTRDollar Tree, Inc.COM$5.08M$12.8M
THCTenet Healthcare CorpCOM NEW–$17.9M
RVNCRevance Therapeutics, Inc.COM$3.14M$14.4M
SHAKShake Shack Inc.CL A$11.7M$5.83M
COTYCoty Inc.COM CL A$9.62M$7.82M
NRGNRG Energy, Inc.Stock$2.80M$14.2M
EXEExpand Energy CorpCOM$16.9M–
PACBPacific Biosciences of California, Inc.COM$3.99M$12.6M
CCJCameco CorpStock$7.83M$8.46M
SSTKShutterstock, Inc.COM$16.2M–
AMLXAmylyx Pharmaceuticals, Inc.COM$3.75M$12.4M
SHOPShopify Inc.Stock–$16.1M
CBLCBL & Associates Properties IncCOMMON STOCK–$16.1M
SMCISuper Micro Computer, Inc.COM–$16.1M
DHRDanaher CorpStock$10.8M$5.18M
UBERUber Technologies, IncStock$6.48M$9.50M
ASNDAscendis Pharma A/SSPONSORED ADR$2.90M$12.8M
METMetlife IncStock$5.27M$10.4M
AALAmerican Airlines Group Inc.Stock$15.6M–
NFLXNetflix IncStock$6.61M$8.99M
RETAReata Pharmaceuticals IncCL A$6.83M$8.30M
Direxion Shs ETF Tr25460G781DLY GOLD INDX 2X$7.58M$7.55M
ABBVAbbVie Inc.Stock$7.41M$7.41M
VTLEVital Energy, Inc.COM–$14.4M
SGRYSurgery Partners, Inc.Stock$6.70M$7.64M
ENVXEnovix CorpCOM$5.56M$8.61M
ONOn Semiconductor CorpStock–$14.0M
NTNXNutanix, Inc.Stock$6.56M$7.38M
BKIBlack Knight, Inc.COM$9.42M$4.48M
DASHDoorDash, Inc.Stock$13.8M–
CRMSalesforce, Inc.Stock$6.87M$6.87M
HLFHerbalife Ltd.COM SHS$7.30M$6.40M
TGTXTG Therapeutics, Inc.COM$1.77M$11.9M

Sold out since Q1 2023 (152)

Positions held at the end of Q1 2023 that are gone from this filing.

The largest 100 of 152 by value last quarter.

Positions of Caption Management, LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
Kraneshares Trust500767306CSI CHI INTERNET535,000$16.7M3.6%–
DISWalt Disney CoStock105,288$10.5M2.3%History
UBSUBS Group AGStock480,000$10.2M2.2%History
CBLCBL & Associates Properties IncCOMMON STOCK334,865$8.59M1.8%History
ONONOn Holding AGStock242,200$7.52M1.6%History
LSILife Storage, Inc.COM54,405$7.13M1.5%History
WALWestern Alliance BancorporationCOM183,500$6.52M1.4%History
OSHOak Street Health, Inc.COM136,400$5.28M1.1%History
EXASExact Sciences CorpCOM63,712$4.32M0.9%History
AVTAAvantax, Inc.COM162,309$4.27M0.9%History
ETNB89bio, Inc.COM260,638$3.97M0.8%History
MYRGMyr Group Inc.COM30,048$3.79M0.8%History
XYZBlock, Inc.CL A52,600$3.61M0.8%History
HCAHCA Healthcare, Inc.COM13,069$3.45M0.7%History
HONHoneywell International IncCOM17,900$3.42M0.7%History
VALValaris LtdCL A51,000$3.32M0.7%History
CEGConstellation Energy CorpStock40,000$3.14M0.7%History
SBUXStarbucks CorpStock29,200$3.04M0.7%History
VSTOVista Outdoor Inc.COM102,200$2.83M0.6%History
RNWReNew Energy Global plcCL A SHS498,586$2.80M0.6%History
CVSCVS Health CorpStock37,200$2.76M0.6%History
GKOSGLAUKOS CorpCOM53,370$2.67M0.6%History
iShares Tr46435G342MORTGE REL ETF112,200$2.45M0.5%–
SSRMSSR Mining Inc.Stock158,700$2.40M0.5%History
EDREndeavor Group Holdings, Inc.CL A COM100,000$2.39M0.5%History
TTDTrade Desk, Inc.Stock36,837$2.24M0.5%History
QFINQfin Holdings, Inc.AMERICAN DEP109,363$2.12M0.5%History
IRMIron Mountain IncCOM37,688$1.99M0.4%History
DLRDigital Realty Trust, Inc.COM20,000$1.97M0.4%History
BRBRBellring Brands, Inc.Stock56,900$1.93M0.4%History
FANGDiamondback Energy, Inc.Stock14,000$1.89M0.4%History
FSLYFastly, Inc.CL A106,325$1.89M0.4%History
PLDPrologis, Inc.REIT14,600$1.82M0.4%History
EHCEncompass Health CorpCOM33,650$1.82M0.4%History
ALTAltimmune, Inc.COM NEW400,000$1.69M0.4%History
PENNPENN Entertainment, Inc.COM55,500$1.65M0.4%History
FLRFluor CorpStock52,446$1.62M0.3%History
GATXGatx CorpCOM14,211$1.56M0.3%History
NTRSNorthern Trust CorpCOM16,800$1.48M0.3%History
PFSIPennyMac Financial Services, Inc.COM24,740$1.47M0.3%History
RUNSunrun Inc.COM71,968$1.45M0.3%History
MOSMosaic CoCOM30,959$1.42M0.3%History
SCHWSchwab Charles CorpStock27,000$1.41M0.3%History
NFENew Fortress Energy Inc.COM CL A47,500$1.40M0.3%History
AALAmerican Airlines Group Inc.Stock87,315$1.29M0.3%History
SYKStryker CorpStock4,500$1.28M0.3%History
Enerplus Corp292766102COM85,000$1.22M0.3%–
HSICHenry Schein IncCOM15,000$1.22M0.3%History
SESea LtdSPONSORD ADS14,000$1.21M0.3%History
MTCHMatch Group, Inc.COM29,600$1.14M0.2%History
STZConstellation Brands, Inc.Stock5,000$1.13M0.2%History
AIC3.ai, Inc.Stock33,300$1.12M0.2%History
SGRYSurgery Partners, Inc.Stock32,354$1.12M0.2%History
RADIRadius Global Infrastructure, Inc.COM CL A75,761$1.11M0.2%History
CLMTCalumet, Inc.UT LTD PARTNER61,042$1.06M0.2%History
GLWCorning IncCOM30,000$1.06M0.2%History
ABGAsbury Automotive Group IncCOM5,000$1.05M0.2%History
STNGScorpio Tankers Inc.SHS18,100$1.02M0.2%History
CGNTCognyte Software Ltd.ORD SHS296,809$1.01M0.2%History
PVHPVH Corp.COM11,000$980.8K0.2%History
IONSIonis Pharmaceuticals IncCOM27,200$972.1K0.2%History
DICEDICE Therapeutics, Inc.COM30,345$869.4K0.2%History
BHPBHP Group LtdADR13,500$856.0K0.2%History
BBIOBridgeBio Pharma, Inc.COM46,817$776.2K0.2%History
FCXFreeport-McMoran IncStock18,750$767.1K0.2%History
LKFTLakefront Biotherapeutics NVSPON ADR19,826$766.1K0.2%History
VIPSVipshop Holdings LtdSPONSORED ADS A49,791$755.8K0.2%History
DRRXDurect CorpCOM NEW165,000$747.5K0.2%History
RAREUltragenyx Pharmaceutical Inc.COM18,024$722.8K0.2%History
HTGCHercules Capital, Inc.COM55,654$717.4K0.2%History
LLoews CorpCOM12,000$696.2K0.1%History
BXPBXP, Inc.COM12,700$687.3K0.1%History
ZLABZai Lab LtdADR20,500$681.8K0.1%History
AMNAmn Healthcare Services IncCOM8,000$663.7K0.1%History
PACWPacwest BancorpCOM68,060$662.2K0.1%History
MRNSMarinus Pharmaceuticals, Inc.COM NEW93,778$647.1K0.1%History
GTLSChart Industries IncCOM5,100$639.5K0.1%History
COPConocoPhillipsStock6,205$615.6K0.1%History
ONTFON24 Inc.COM70,000$613.2K0.1%History
ALNYAlnylam Pharmaceuticals, Inc.COM3,000$601.0K0.1%History
BCYCBicycle Therapeutics PLCSPONSORED ADS26,000$553.0K0.1%History
EXPDExpeditors International of Washington IncCOM5,000$550.6K0.1%History
GOOSCanada Goose Holdings Inc.SHS SUB VTG28,494$548.5K0.1%History
TGTXTG Therapeutics, Inc.COM34,629$520.8K0.1%History
MRVLMarvell Technology, Inc.COM12,000$519.6K0.1%History
AZTAAzenta, Inc.COM11,600$517.6K0.1%History
OPTUOptimum Communications, Inc.CL A150,600$515.1K0.1%History
NTGRNetgear, Inc.COM27,567$510.3K0.1%History
PCVXVaxcyte, Inc.COM13,110$491.4K0.1%History
LINDLindblad Expeditions Holdings, Inc.Stock48,000$458.9K0.1%History
RRRRed Rock Resorts, Inc.CL A10,000$445.7K0.1%History
LEALear CorpCOM NEW3,135$437.3K0.1%History
ESTAEstablishment Labs Holdings Inc.COM6,363$431.0K0.1%History
CTICCti Biopharma CorpCOM100,000$420.0K0.1%History
RLAYRelay Therapeutics, Inc.COM25,487$419.8K0.1%History
GFFGriffon CorpCOM12,100$387.3K0.1%History
FNDFloor & Decor Holdings, Inc.CL A3,900$383.1K0.1%History
HBANHuntington Bancshares IncCOM33,800$378.6K0.1%History
ALLOAllogene Therapeutics, Inc.COM74,900$370.0K0.1%History
FOXFFox Factory Holding CorpCOM3,000$364.1K0.1%History