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Livermore
Livermore
ZHEN

Caption Management, LLC

SEC CIK
0001706766
Latest filing
Aug 14, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 14, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
408
+67 vs. Q2 2023
Portfolio value
$774.3M
+$206.9M (+36.5%) vs. Q2 2023
Filed
Nov 14, 2023
SEC
Holdings of Caption Management, LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
NEENextera Energy IncStock261,400$15.0M1.9%+206,258+374.0%AddedHistory
ZZillow Group, Inc.CL C CAP STK335,900$15.5M2.0%+261,500+351.5%AddedHistory
ONONOn Holding AGStock609,959$17.0M2.2%+609,959NewHistory
BMYBristol Myers Squibb CoStock360,000$20.9M2.7%+10,600+3.0%AddedHistory
IPInternational Paper CoCOM770,100$27.3M3.5%+357,311+86.6%AddedHistory
LMTLockheed Martin CorpStock70,500$28.8M3.7%+39,500+127.4%AddedHistory
State Street SPDR S&P Regional Banking ETF78464A698ETF1,120,000$46.8M6.0%+1,120,000New–
CCitigroup IncStock1,727,200$71.0M9.2%+1,727,200NewHistory

Options (599)

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 599 by value.

Option positions of Caption Management, LLC in Q3 2023
SecurityClassPutsCalls
ATVIActivision Blizzard, Inc.COM$171.7M$28.8M
HZNPHorizon Therapeutics Public Ltd CoSHS$132.3M$53.2M
TMUST-Mobile US, Inc.Stock$82.6M$74.2M
SGENSeagen Inc.COM$127.0M$10.6M
SRPTSarepta Therapeutics, Inc.COM$48.1M$79.5M
CHTRCharter Communications, Inc.CL A$41.8M$39.6M
ONONOn Holding AGStock$38.0M$43.2M
PANWPalo Alto Networks IncStock$70.9M–
CCitigroup IncStock$69.9M–
KVUEKenvue Inc.Stock$23.2M$46.7M
NTNXNutanix, Inc.Stock$27.0M$38.3M
IMVTImmunovant, Inc.COM$37.5M$27.3M
IPInternational Paper CoCOM$31.6M$31.4M
ARGXArgenx SESPONSORED ADR–$61.2M
iShares Tr464288752US HOME CONS ETF$60.8M–
LMTLockheed Martin CorpStock$29.6M$29.6M
GOOGAlphabet Inc.Stock$56.7M–
CANOCano Health, Inc.COM CL A–$55.2M
BMYBristol Myers Squibb CoStock$26.0M$28.9M
RHRHCOM$45.9M$7.88M
VSTVistra Corp.Stock$31.5M$16.5M
CORCencora, Inc.Stock–$47.6M
AEMAgnico Eagle Mines LtdStock$24.2M$22.0M
State Street SPDR S&P Regional Banking ETF78464A698ETF$45.9M–
RCLRoyal Caribbean Cruises LtdCOM$18.4M$24.9M
SSTKShutterstock, Inc.COM$14.4M$26.9M
PHParker-Hannifin CorpStock$35.9M$4.87M
THTarget Hospitality Corp.COM$12.2M$28.0M
NEENextera Energy IncStock$21.2M$18.3M
METAMeta Platforms, Inc.Stock–$39.4M
SPHRSphere Entertainment Co.CL A$26.4M$11.9M
ALNYAlnylam Pharmaceuticals, Inc.COM$17.1M$20.1M
DLRDigital Realty Trust, Inc.COM$29.2M$8.01M
MCHPMicrochip Technology IncStock$18.0M$18.0M
APLSApellis Pharmaceuticals, Inc.COM$9.70M$22.3M
INSPInspire Medical Systems, Inc.COM$32.0M–
WWWW International, Inc.COM$12.2M$19.1M
AMTAmerican Tower CorpREIT$23.6M$7.66M
DKNGDraftKings Inc.Stock$11.8M$19.3M
HUMHumana IncStock$12.2M$18.2M
REGNRegeneron Pharmaceuticals, Inc.COM–$30.4M
FANGDiamondback Energy, Inc.Stock–$30.2M
CELHCelsius Holdings, Inc.COM NEW$13.7M$15.7M
GRPNGroupon, Inc.COM NEW$1.43M$27.9M
TPRTapestry, Inc.COM$24.7M$4.53M
EXASExact Sciences CorpCOM$24.3M$3.01M
TALTAL Education GroupSPONSORED ADS$16.6M$9.00M
SNDXSyndax Pharmaceuticals IncCOM$6.26M$18.8M
MDBMongoDB, Inc.CL A$24.2M–
TXNTexas Instruments IncStock–$23.9M
SHELShell plcADR$16.7M$7.08M
LYBLyondellBasell Industries N.V.SHS - A -$8.05M$15.5M
MGMMGM Resorts InternationalStock$23.1M–
TECKTeck Resources LtdCL B$22.6M$435.2K
CCJCameco CorpStock$14.1M$8.56M
CBLCBL & Associates Properties IncCOMMON STOCK–$22.6M
ZZillow Group, Inc.CL C CAP STK$4.11M$18.4M
VSXYVictoria's Secret & Co.COMMON STOCK$8.33M$14.0M
ITRIItron, Inc.COM$11.8M$10.4M
UPSUnited Parcel Service IncStock$15.6M$6.23M
MLTXMoonLake ImmunotherapeuticsCLASS A ORD$21.7M–
TROWPrice T Rowe Group IncStock–$21.5M
Sprott FDS Tr85208P303URANIUM MINERS E$7.08M$14.2M
SCHWSchwab Charles CorpStock$2.20M$18.7M
PMPhilip Morris International Inc.Stock$11.6M$9.26M
ENLCEnLink Midstream, LLCCOM UNIT REP LTD–$20.8M
METMetlife IncStock$5.87M$14.5M
QSRRestaurant Brands International Inc.COM–$20.2M
UNHUnitedHealth Group IncStock$10.1M$10.1M
NCLHNorwegian Cruise Line Holdings Ltd.SHS$2.96M$16.7M
BABAAlibaba Group Holding LtdADR$2.07M$17.3M
Liberty Media Corp531229789Stock–$19.4M
WMGWarner Music Group Corp.COM CL A–$19.3M
SBGISinclair, Inc.CL A$3.06M$16.0M
CPRICapri Holdings LtdSHS$13.7M$5.26M
NXSTNexstar Media Group, Inc.COMMON STOCK$3.91M$14.5M
MDGLMadrigal Pharmaceuticals, Inc.COM$14.7M$3.68M
WWayfair Inc.CL A–$18.2M
EXEExpand Energy CorpCOM$18.1M–
FLEXFlex Ltd.Stock$9.42M$8.54M
AKROAkero Therapeutics, Inc.COM$7.23M$10.4M
SLBSLB LimitedStock$5.83M$11.7M
DELLDell Technologies Inc.Stock$5.37M$11.5M
ETNEaton Corp plcStock$8.00M$8.87M
CLSCelestica IncSUB VTG SHS$10.4M$6.29M
MPCMarathon Petroleum CorpStock$7.57M$9.08M
FLYYSpirit Aviation Holdings, Inc.COM$11.9M$4.62M
ABBVAbbVie Inc.Stock$8.20M$8.20M
ETEnergy Transfer LPCOM UT LTD PTN$56.1K$16.1M
HEHawaiian Electric Industries IncCOM$10.3M$5.73M
PACBPacific Biosciences of California, Inc.COM$7.92M$8.05M
EQIXEquinix IncCOM–$15.8M
THCTenet Healthcare CorpCOM NEW–$15.6M
FTAIFTAI Aviation Ltd.SHS$6.66M$8.81M
PDDPDD Holdings Inc.SPONSORED ADS$12.3M$3.09M
CBAYCymaBay Therapeutics, Inc.COM$7.31M$7.99M
VRTXVertex Pharmaceuticals IncStock$5.22M$10.1M
BRBRBellring Brands, Inc.Stock$7.52M$7.76M
NFLXNetflix IncStock$7.55M$7.70M
TMOThermo Fisher Scientific Inc.Stock$7.59M$7.59M

Sold out since Q2 2023 (140)

Positions held at the end of Q2 2023 that are gone from this filing.

The largest 100 of 140 by value last quarter.

Positions of Caption Management, LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
WWEWorld Wrestling Entertainment, LLCCL A186,182$20.2M3.6%History
ATVIActivision Blizzard, Inc.COM140,000$11.8M2.1%History
SGENSeagen Inc.COM55,500$10.7M1.9%History
BMRNBiomarin Pharmaceutical IncCOM113,872$9.87M1.7%History
ORCLOracle CorpStock70,000$8.34M1.5%History
NVSNovartis AGADR81,700$8.24M1.5%History
AAPAdvance Auto Parts IncCOM107,500$7.56M1.3%History
NFLXNetflix IncStock13,016$5.73M1.0%History
SUISun Communities IncCOM40,000$5.22M0.9%History
AMGNAmgen IncStock21,912$4.86M0.9%History
LIVNLivaNova PLCSHS76,704$3.94M0.7%History
State Street Energy Select Sector SPDR ETF81369Y506ETF45,000$3.65M0.6%–
GLNGGolar LNG LtdSHS171,200$3.45M0.6%History
WMTWalmart Inc.Stock21,752$3.42M0.6%History
TMUST-Mobile US, Inc.Stock24,300$3.38M0.6%History
BKIBlack Knight, Inc.COM54,000$3.23M0.6%History
PYPLPayPal Holdings, Inc.Stock45,694$3.05M0.5%History
RGENRepligen CorpCOM21,000$2.97M0.5%History
METMetlife IncStock52,248$2.95M0.5%History
VSTVistra Corp.Stock103,300$2.71M0.5%History
Liberty Media Corp531229409COM A SIRIUSXM76,184$2.50M0.4%–
SSTKShutterstock, Inc.COM51,337$2.50M0.4%History
DLOdLocal LtdCLASS A COM201,175$2.46M0.4%History
PNRPENTAIR plcSHS37,000$2.39M0.4%History
SSYSStratasys Ltd.SHS130,000$2.31M0.4%History
DKSDick's Sporting Goods, Inc.Stock17,200$2.27M0.4%History
MTZMastec IncCOM19,000$2.24M0.4%History
INSMINSMED IncCOM PAR $.01100,000$2.11M0.4%History
MYGNMyriad Genetics IncCOM85,017$1.97M0.3%History
NENoble Corp plcORD SHS A42,900$1.77M0.3%History
Liberty Media Corp Del531229607COM C SIRIUSXM53,325$1.75M0.3%–
EGLEEagle Bulk Shipping Inc.COM36,000$1.73M0.3%History
SSentinelOne, Inc.CL A112,892$1.70M0.3%History
WDCWestern Digital CorpCOM44,100$1.67M0.3%History
RNGRingCentral, Inc.CL A49,000$1.60M0.3%History
DQDaqo New Energy Corp.SPNSRD ADS NEW40,000$1.59M0.3%History
BHCBausch Health Companies Inc.Stock183,208$1.47M0.3%History
ASOAcademy Sports & Outdoors, Inc.COM26,000$1.41M0.2%History
DALDelta Air Lines, Inc.COM NEW27,500$1.31M0.2%History
VRSKVerisk Analytics, Inc.COM5,500$1.24M0.2%History
NEWRNew Relic, Inc.COM18,700$1.22M0.2%History
STAAStaar Surgical CoCOM PAR $0.0123,000$1.21M0.2%History
KURAKura Oncology, Inc.COM111,023$1.17M0.2%History
VIRTVirtu Financial, Inc.CL A64,068$1.09M0.2%History
BXBlackstone Inc.COM11,200$1.04M0.2%History
PSFEPaysafe LtdSHS100,000$1.01M0.2%History
EPREpr PropertiesCOM SH BEN INT21,400$1.00M0.2%History
VRDNViridian Therapeutics, Inc.COM36,000$856.4K0.2%History
FRPTFreshpet, Inc.Stock12,900$848.9K0.1%History
NBIXNeurocrine Biosciences IncStock9,000$848.7K0.1%History
OWLBlue Owl Capital Inc.COM CL A71,035$827.6K0.1%History
DVNDevon Energy CorpStock15,969$771.9K0.1%History
ARCBArcbest CorpCOM7,700$760.8K0.1%History
LENLennar CorpCL A6,000$751.9K0.1%History
ADPAutomatic Data Processing IncStock3,000$659.4K0.1%History
SQMChemical & Mining Co of Chile IncSPON ADR SER B9,000$653.6K0.1%History
BTAIQBioXcel Therapeutics, Inc.COM97,500$649.4K0.1%History
RAMPLiveRamp Holdings, Inc.COM22,500$642.6K0.1%History
KGCKinross Gold CorpCOM129,911$619.7K0.1%History
EOLSEvolus, Inc.COM84,000$610.7K0.1%History
MRSNMersana Therapeutics, Inc.COM181,000$595.5K0.1%History
FIVEFive Below, IncCOM3,000$589.6K0.1%History
STEMStem, Inc.CL A101,000$577.7K0.1%History
AMBAAmbarella IncSHS6,500$543.9K0.1%History
ENVEnvestnet, Inc.COM9,000$534.1K0.1%History
NEXTNextDecade CorpCOM64,400$528.7K0.1%History
PTGXProtagonist Therapeutics, IncCOM19,140$528.6K0.1%History
AEOAmerican Eagle Outfitters IncCOM43,750$516.3K0.1%History
LBTYALiberty Global Ltd.SHS CL A30,000$505.8K0.1%History
PDMPiedmont Realty Trust, Inc.COM CL A69,000$501.6K0.1%History
SPRYARS Pharmaceuticals, Inc.COM73,400$491.8K0.1%History
RIORio Tinto PLCADR7,500$478.8K0.1%History
BDXBecton Dickinson & CoStock1,600$422.4K0.1%History
VFCV F CorpStock22,000$420.0K0.1%History
SCIService Corp InternationalCOM6,100$394.0K0.1%History
WGOWinnebago Industries IncCOM5,798$386.7K0.1%History
Sunpower Corp867652406COM39,200$384.2K0.1%–
IONQIonQ, Inc.COM27,500$372.1K0.1%History
KKRKKR & Co. Inc.COM6,600$369.6K0.1%History
BMAMacro Bank Inc.SPON ADR B13,980$368.9K0.1%History
HRTHireRight Holdings CorpCOM31,479$356.0K0.1%History
PRFTPerficient IncCOM4,200$350.0K0.1%History
MMacy's, Inc.COM19,852$318.6K0.1%History
Roivant Sciences Ltd.G76279119*W EXP 09/30/202126,856$314.6K0.1%–
CXWCoreCivic, Inc.COM31,388$295.4K0.1%History
RVLVRevolve Group, Inc.CL A17,584$288.4K0.1%History
STEPStepStone Group Inc.COM CL A9,873$244.9K<0.1%History
Farfetch Ltd30744W107ORD SH CL A40,177$242.7K<0.1%–
EOGEOG Resources IncStock2,000$228.9K<0.1%History
LUMNLumen Technologies, Inc.Stock98,800$223.3K<0.1%History
CMBTCmb.tech NVSHS14,336$218.2K<0.1%History
UBERUber Technologies, IncStock5,000$215.8K<0.1%History
FDMT4D Molecular Therapeutics, Inc.COM11,944$215.8K<0.1%History
Silvercrest Metals Inc828363101COM35,000$205.1K<0.1%–
EDITEditas Medicine, Inc.COM21,700$178.6K<0.1%History
QUOTQuotient Technology Inc.COM45,000$172.8K<0.1%History
ACDCProFrac Holding Corp.CLASS A COM15,406$171.9K<0.1%History
AMAntero Midstream CorpStock14,250$165.3K<0.1%History
BLFSBiolife Solutions IncCOM NEW7,035$155.5K<0.1%History
ESMTEngageSmart, Inc.COMMON STOCK8,000$152.7K<0.1%History