Caption Management, LLC

Q2 2025 13F-HR Holdings

Location
Oklahoma City, OK
Holdings as of
6/30/2025
Date filed
8/14/2025
Form type
13F-HR
Num holdings
1,379
Total value ($000)
$9,034,733
Net value change ($000)
-1,366,125 (-13.1%)
New positions
222
Sold out positions
246
Turnover %
180.9%
Sector allocation + QoQ delta (equities-only)
Prev filing: 5/15/2025 Next filing: 11/14/2025 SEC filing

Snapshot: Change Analysis

Compared to Q1 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
INSM 21,228 NEW
SKAA 20,062 NEW
TSLA 18,587 24.2%
GILD 16,475 NEW
REGN 16,380 NEW
KEL 14,880 15829.8%
INDA 14,214 NEW
MA 13,318 NEW
CDTX 13,054 NEW
SBUX 12,004 NEW
Top Reduces (Value $000, Stocks/ETFs)
MSFT -394,160 -100.0%
AMZN -313,929 -100.0%
NVDA -254,693 -100.0%
GOOGL -113,962 -98.0%
CSCO -61,710 -100.0%
AMD -61,644 -100.0%
GOOGL -43,176 -51.8%
GDX -23,116 -100.0%
DELL -22,788 -100.0%
DIS -21,714 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 7,943,068 (87.9% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type