Caption Management, LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
Caption Management, LLC disclosed 539 US equity positions worth $2.3bn in its Q4 2025 13F filing. The largest position was NVDA at 9.5% of the reported book, followed by TSLA and AMZN. Against the Q3 2025 filing, it opened 16 new positions, added to 24 and reduced 8 among the top 50 holdings.
What did Caption Management, LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 9.5% | $216.5m | 1,161,100 | 132% | added |
| 2 | TSLA TESLA INC | Consumer Cyclical | 5.9% | $134.9m | 300,000 | -14% | reduced |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 5.9% | $132.7m | 575,000 | 0% | held |
| 4 | AAPL APPLE INC | Technology | 5.6% | $127.8m | 470,000 | – | new |
| 5 | GOOG ALPHABET INC | Communication Services | 5.5% | $124.6m | 397,000 | 81% | added |
| 6 | NFLX NETFLIX INC | Communication Services | 3.1% | $71.3m | 760,100 | – | new |
| 7 | MSFT MICROSOFT CORP | Technology | 2.2% | $50.4m | 104,200 | – | new |
| 8 | ORCL ORACLE CORP | Technology | 1.5% | $35.0m | 179,620 | 1854% | added |
| 9 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.4% | $32.1m | 150,000 | – | new |
| 10 | CORZ CORE SCIENTIFIC INC NEW | 1.3% | $29.5m | 3,487,150 | 0% | held | |
| 11 | BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 1.3% | $29.0m | 537,700 | – | new |
| 12 | UTHR UNITED THERAPEUTICS CORP DEL | Healthcare | 1.2% | $26.8m | 55,081 | 39% | added |
| 13 | CMG CHIPOTLE MEXICAN GRILL INC | Consumer Cyclical | 1.0% | $22.9m | 620,000 | 9154% | added |
| 14 | INSM INSMED INC | Healthcare | 1.0% | $22.6m | 130,000 | 160394% | added |
| 15 | OWL BLUE OWL CAPITAL INC | Financial Services | 0.9% | $20.9m | 1,397,623 | 128% | added |
| 16 | VSAT VIASAT INC | Technology | 0.9% | $20.8m | 603,623 | -31% | reduced |
| 17 | COF CAPITAL ONE FINL CORP | Financial Services | 0.9% | $19.7m | 81,110 | – | new |
| 18 | WULF TERAWULF INC | Financial Services | 0.8% | $19.1m | 1,664,636 | – | new |
| 19 | GOOGL ALPHABET INC | Communication Services | 0.8% | $18.8m | 60,000 | – | new |
| 20 | RCUS ARCUS BIOSCIENCES INC | Healthcare | 0.8% | $18.3m | 767,698 | – | new |
| 21 | WDC WESTERN DIGITAL CORP | Technology | 0.8% | $17.6m | 102,200 | 6% | added |
| 22 | EXK EXACT SCIENCES CORP | Basic Materials | 0.8% | $17.3m | 170,679 | 1030% | added |
| 23 | AZN ASTRAZENECA PLC | Healthcare | 0.7% | $16.4m | 177,900 | 110% | added |
| 24 | SOC SABLE OFFSHORE CORP | 0.6% | $13.6m | 1,512,347 | 6% | added | |
| 25 | MRK MERCK & CO INC | Healthcare | 0.6% | $13.3m | 126,500 | 2649% | added |
| 26 | COIN COINBASE GLOBAL INC | Financial Services | 0.6% | $12.8m | 56,770 | 26% | added |
| 27 | CGON CG ONCOLOGY INC | Healthcare | 0.6% | $12.7m | 306,846 | – | new |
| 28 | IBB ISHARES TR | 0.6% | $12.5m | 74,000 | -6% | reduced | |
| 29 | XLY SELECT SECTOR SPDR TR | 0.5% | $12.1m | 101,440 | – | new | |
| 30 | CWAN CLEARWATER ANALYTICS HLDGS I | Technology | 0.5% | $11.8m | 489,635 | – | new |
| 31 | OKE ONEOK INC NEW | Energy | 0.5% | $11.8m | 160,000 | 15852% | added |
| 32 | EXMOC EXXON MOBIL CORP | 0.5% | $11.6m | 96,400 | – | new | |
| 33 | AVADEL PHARMACEUTICALS PLC | 0.5% | $11.6m | 536,838 | 74% | added | |
| 34 | AVGO BROADCOM INC | Technology | 0.5% | $11.4m | 33,000 | -27% | reduced |
| 35 | CMA COMERICA INC | 0.5% | $11.3m | 129,821 | -9% | reduced | |
| 36 | SHOP SHOPIFY INC | Technology | 0.5% | $11.3m | 69,900 | 25% | added |
| 37 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.5% | $11.2m | 33,880 | 1155% | added |
| 38 | BTU PEABODY ENERGY CORP | Energy | 0.5% | $10.8m | 365,000 | 253% | added |
| 39 | UAL UNITED AIRLS HLDGS INC | Industrials | 0.5% | $10.8m | 96,800 | 10% | added |
| 40 | IVZ INVESCO LTD | Financial Services | 0.5% | $10.5m | 399,800 | – | new |
| 41 | IREN IREN LIMITED | Financial Services | 0.5% | $10.5m | 277,860 | -37% | reduced |
| 42 | EOSE EOS ENERGY ENTERPRISES INC | Industrials | 0.5% | $10.5m | 914,727 | 47% | added |
| 43 | VALE VALE S A | Basic Materials | 0.4% | $10.0m | 770,000 | – | new |
| 44 | PRAX PRAXIS PRECISION MEDICINES I | Healthcare | 0.4% | $9.8m | 33,300 | 424% | added |
| 45 | COMP COMPASS INC | Real Estate | 0.4% | $9.6m | 909,670 | 600% | added |
| 46 | BIIB BIOGEN INC | Healthcare | 0.4% | $9.3m | 53,000 | 960% | added |
| 47 | ADI ANALOG DEVICES INC | Technology | 0.4% | $9.2m | 34,000 | – | new |
| 48 | CCJ CAMECO CORP | Energy | 0.4% | $9.2m | 100,700 | 4% | added |
| 49 | CBL CBL & ASSOC PPTYS INC | Real Estate | 0.4% | $9.1m | 246,717 | -16% | reduced |
| 50 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 0.4% | $8.7m | 91,000 | -10% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.