# Caption Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1706766. Source: https://holderbook.com/funds/1706766-caption-management-llc/

- Reported value: $21.5B
- Positions: 933
- Weight of the ten largest: 27.7%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.1B | 27,100 | 5.2% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $776.5M | 1,838,800 | 3.6% | 4 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $659.1M | 515,000 | 3.1% | 3 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $652.8M | 1,000 | 3.0% | 21 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $560.5M | 565,700 | 2.6% | 8 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $523.8M | 428,000 | 2.4% | 4 |
| CARVANA CO | [CVNA](https://holderbook.com/stocks/CVNA/) | $445.8M | 0 | 2.1% | 11 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $426.1M | 0 | 2.0% | 17 |
| UNITED THERAPEUTICS CORP DEL | [UTHR](https://holderbook.com/stocks/UTHR/) | $408.6M | 9,333 | 1.9% | 7 |
| BLUE OWL CAPITAL INC | [OWL](https://holderbook.com/stocks/OWL/) | $363.2M | 15,995,905 | 1.7% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $352.3M | 397,700 | 1.6% | 8 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $341.6M | 102,300 | 1.6% | 3 |
| CG ONCOLOGY INC | [CGON](https://holderbook.com/stocks/CGON/) | $245.8M | 484,461 | 1.1% | 5 |
| ELECTRONIC ARTS INC | [EA](https://holderbook.com/stocks/EA/) | $231.1M | 24,882 | 1.1% | 2 |
| SPDR SERIES TRUST | [KRE](https://holderbook.com/stocks/KRE/) | $198.5M | 394,944 | 0.9% | 4 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $195.6M | 46,700 | 0.9% | 4 |
| TERAWULF INC | [WULF](https://holderbook.com/stocks/WULF/) | $194.8M | 0 | 0.9% | 13 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $190.9M | 182,700 | 0.9% | 9 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $187.7M | 21,220 | 0.9% | 3 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $182.9M | 100,000 | 0.9% | 7 |
| INSMED INC | [INSM](https://holderbook.com/stocks/INSM/) | $171.3M | 236,000 | 0.8% | 18 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $164.2M | 0 | 0.8% | 5 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $153.3M | 0 | 0.7% | 6 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $152.3M | 2,550 | 0.7% | 6 |
| SEZZLE INC | [SEZL](https://holderbook.com/stocks/SEZL/) | $142.7M | 0 | 0.7% | 5 |
| SPACE EXPLORATION TECHN CORP | [SPCX](https://holderbook.com/stocks/SPCX/) | $137.5M | 0 | 0.6% | 1 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $133.2M | 0 | 0.6% | 8 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $132.7M | 29,000 | 0.6% | 2 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $132.6M | 0 | 0.6% | 26 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $125.5M | 0 | 0.6% | 4 |
| VIASAT INC | [VSAT](https://holderbook.com/stocks/VSAT/) | $123.4M | 40,000 | 0.6% | 4 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $118.5M | 1,149,802 | 0.6% | 3 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $117.1M | 6,100 | 0.5% | 6 |
| ISHARES TR | [SOXX](https://holderbook.com/stocks/SOXX/) | $107.6M | 0 | 0.5% | 1 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $106.7M | 0 | 0.5% | 1 |
| BITDEER TECHNOLOGIES GROUP | [BTDR](https://holderbook.com/stocks/BTDR/) | $105.6M | 0 | 0.5% | 4 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $104.6M | 227,459 | 0.5% | 12 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $103.4M | 0 | 0.5% | 4 |
| SPDR SERIES TRUST | [XHB](https://holderbook.com/stocks/XHB/) | $101.9M | 166,554 | 0.5% | 4 |
| ERASCA INC | [ERAS](https://holderbook.com/stocks/ERAS/) | $100.9M | 1,041,225 | 0.5% | 3 |
| SUPER MICRO COMPUTER INC | [SMCI](https://holderbook.com/stocks/SMCI/) | $99.9M | 120,350 | 0.5% | 7 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $99.9M | 485,000 | 0.5% | 2 |
| CORE SCIENTIFIC INC NEW | [CORZ](https://holderbook.com/stocks/CORZ/) | $99.1M | 0 | 0.5% | 9 |
| VAXCYTE INC | [PCVX](https://holderbook.com/stocks/PCVX/) | $98.6M | 0 | 0.5% | 4 |
| MADRIGAL PHARMACEUTICALS INC | [MDGL](https://holderbook.com/stocks/MDGL/) | $98.4M | 0 | 0.5% | 2 |
| CIPHER DIGITAL INC | [CIFR](https://holderbook.com/stocks/CIFR/) | $95.0M | 120,000 | 0.4% | 4 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $92.4M | 0 | 0.4% | 7 |
| WAYFAIR INC | [W](https://holderbook.com/stocks/W/) | $91.5M | 0 | 0.4% | 12 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $87.2M | 0 | 0.4% | 26 |
| UNIQURE NV | [QURE](https://holderbook.com/stocks/QURE/) | $84.9M | 15,000 | 0.4% | 9 |
| CARLYLE GROUP INC | [CG](https://holderbook.com/stocks/CG/) | $84.7M | 114,031 | 0.4% | 2 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $79.7M | 312,050 | 0.4% | 7 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $79.6M | 0 | 0.4% | 3 |
| DIGITALOCEAN HLDGS INC | [DOCN](https://holderbook.com/stocks/DOCN/) | $79.1M | 81,481 | 0.4% | 6 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $77.6M | 34,370 | 0.4% | 4 |
| IONIS PHARMACEUTICALS INC | [IONS](https://holderbook.com/stocks/IONS/) | $77.5M | 1,759 | 0.4% | 9 |
| PRAXIS PRECISION MEDICINES I | [PRAX](https://holderbook.com/stocks/PRAX/) | $75.3M | 0 | 0.4% | 9 |
| TEVA PHARMACEUTICAL INDS LTD | [TEVA](https://holderbook.com/stocks/TEVA/) | $75.0M | 258,331 | 0.3% | 4 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $73.0M | 17,100 | 0.3% | 2 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $71.1M | 0 | 0.3% | 6 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $69.9M | 0 | 0.3% | 4 |
| ESAB CORPORATION | [ESAB](https://holderbook.com/stocks/ESAB/) | $69.0M | 0 | 0.3% | 1 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $68.9M | 10,000 | 0.3% | 9 |
| CORE SCIENTIFIC INC NEW | [CORZW](https://holderbook.com/stocks/CORZW/) | $65.6M | 3,487,150 | 0.3% | 9 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $62.8M | 0 | 0.3% | 2 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $62.1M | 50,000 | 0.3% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $61.4M | 0 | 0.3% | 8 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $61.0M | 760 | 0.3% | 7 |
| SELECT SECTOR SPDR TR | [XLC](https://holderbook.com/stocks/XLC/) | $60.2M | 0 | 0.3% | 2 |
| WOLFSPEED INC | [WOLF](https://holderbook.com/stocks/WOLF/) | $57.6M | 0 | 0.3% | 4 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $57.1M | 61,100 | 0.3% | 3 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $55.8M | 0 | 0.3% | 13 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $55.3M | 0 | 0.3% | 2 |
| HOWMET AEROSPACE INC | [HWM](https://holderbook.com/stocks/HWM/) | $55.0M | 4,500 | 0.3% | 2 |
| VIAVI SOLUTIONS INC | [VIAV](https://holderbook.com/stocks/VIAV/) | $54.7M | 0 | 0.3% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $54.7M | 9,100 | 0.3% | 1 |
| BRIGHTSPRING HEALTH SVCS INC | [BTSG](https://holderbook.com/stocks/BTSG/) | $54.2M | 0 | 0.3% | 4 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $53.7M | 338,498 | 0.3% | 1 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $52.5M | 0 | 0.2% | 1 |
| LIQUIDIA CORPORATION | [LQDA](https://holderbook.com/stocks/LQDA/) | $52.1M | 0 | 0.2% | 5 |
| CELCUITY INC | [CELC](https://holderbook.com/stocks/CELC/) | $51.5M | 170,000 | 0.2% | 4 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $51.5M | 14,300 | 0.2% | 5 |
| ROSS STORES INC | [ROST](https://holderbook.com/stocks/ROST/) | $50.0M | 65,000 | 0.2% | 1 |
| CAMECO CORP | [CCJ](https://holderbook.com/stocks/CCJ/) | $49.7M | 23,000 | 0.2% | 13 |
| PROCORE TECHNOLOGIES INC | [PCOR](https://holderbook.com/stocks/PCOR/) | $49.5M | 160,694 | 0.2% | 1 |
| CORCEPT THERAPEUTICS INC | [CORT](https://holderbook.com/stocks/CORT/) | $49.4M | 0 | 0.2% | 12 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $49.0M | 166,250 | 0.2% | 1 |
| KRYSTAL BIOTECH INC | [KRYS](https://holderbook.com/stocks/KRYS/) | $48.5M | 0 | 0.2% | 13 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $48.3M | 60,000 | 0.2% | 4 |
| SPDR SERIES TRUST | [XME](https://holderbook.com/stocks/XME/) | $48.2M | 75,984 | 0.2% | 5 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $47.8M | 42,250 | 0.2% | 1 |
| MODERNA INC | [MRNA](https://holderbook.com/stocks/MRNA/) | $47.4M | 0 | 0.2% | 9 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $47.2M | 0 | 0.2% | 1 |
| AEHR TEST SYS | [AEHR](https://holderbook.com/stocks/AEHR/) | $47.0M | 0 | 0.2% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $46.3M | 0 | 0.2% | 4 |
| BURLINGTON STORES INC | [BURL](https://holderbook.com/stocks/BURL/) | $46.0M | 15,000 | 0.2% | 4 |
| NEBIUS GROUP N.V. | [NBIS](https://holderbook.com/stocks/NBIS/) | $45.3M | 0 | 0.2% | 1 |
| NATERA INC | [NTRA](https://holderbook.com/stocks/NTRA/) | $45.3M | 4,275 | 0.2% | 1 |
| HUT 8 CORP | [HUT](https://holderbook.com/stocks/HUT/) | $45.1M | 15,051 | 0.2% | 11 |
| SOLARIS ENERGY INFRAS INC | [SEI](https://holderbook.com/stocks/SEI/) | $44.4M | 13,791 | 0.2% | 7 |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $21.5B | 933 |
| Q1 2026 | $17.1B | 895 |
| Q4 2025 | $14.6B | 904 |
| Q3 2025 | $12.8B | 978 |
| Q2 2025 | $9.0B | 826 |
| Q1 2025 | $10.4B | 862 |
| Q4 2024 | $10.6B | 857 |
| Q3 2024 | $6.3B | 752 |
| Q2 2024 | $6.5B | 675 |
| Q1 2024 | $6.6B | 689 |
| Q4 2023 | $7.4B | 770 |
| Q3 2023 | $6.5B | 704 |