Caption Management, LLC

CIK

1706766

Location

OKLAHOMA CITY, OK

Portfolio Value

Large $16,032,229,474

Diversification

Diversified

Filing Date

Global Rank

#209 / 8,232 ▲ 68

Top Industry

Biotechnology 14.6%

3Y Alpha vs SPY

+3.1%

Period ended 2 months ago

Filed May 15, 2026 · 29d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+90.8%

SPY

+76.5%

Annualised alpha

+3.2%

Max drawdown

−28.2%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

817 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.9%

+4.0 pts

Top 5

22.8%

+9.1 pts

Top 10

32.7%

+10.0 pts

HHI

163

Diversified+77

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	27.1%	$4,340,766,869	212
Communication Services	18.4%	$2,941,987,488	37
Technology	16.2%	$2,592,142,478	139
Consumer Cyclical	12.5%	$1,998,405,987	78
Financial Services	7.2%	$1,158,345,109	80
Industrials	5.9%	$945,859,314	67
Energy	5.0%	$799,306,675	60
Basic Materials	3.7%	$596,037,744	69
Consumer Defensive	2.0%	$316,032,976	31
Utilities	1.4%	$224,893,020	15
Real Estate	0.6%	$91,636,227	26
Unclassified	0.2%	$26,815,587	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
OWL	Blue Owl Capital Inc.	+33,982,632	38,168,355	$348,477,081
WBD	Warner Bros. Discovery, Inc.	+7,263,200	17,342,400	$476,222,304
ADMA	Adma Biologics, Inc.	+2,971,200	3,333,700	$30,036,637
FLG	Flagstar Bank, National Association	+2,654,200	3,071,300	$40,449,021
KALV	KalVista Pharmaceuticals, Inc.	+2,312,093	2,430,000	$48,915,900
HRTX	Heron Therapeutics, Inc. /De/	+2,074,581	2,413,681	$1,930,944
IMCR	Immunocore Holdings plc	+1,814,902	1,934,286	$58,318,722
TEVA	Teva Pharmaceutical Industries Ltd	+1,809,558	2,044,058	$61,567,026
NEXT	NextDecade Corp	+1,719,922	1,894,922	$14,515,102
DKNG	DraftKings Inc.	+1,542,887	2,092,387	$45,237,406
QURE	uniQure N.V.	+1,495,554	2,525,231	$41,287,526
CGON	CG Oncology, Inc.	+1,449,634	2,758,880	$186,720,998
CWAN	Clearwater Analytics Holdings, Inc.	+1,377,665	2,423,800	$57,322,870
ALIT	Alight, Inc. / Delaware	+1,344,200	4,895,600	$2,854,134
CYTK	Cytokinetics Inc	+1,333,501	1,856,600	$122,368,506
EQX	Equinox Gold Corp.	+1,232,000	2,246,000	$32,477,160
NVDA	Nvidia Corp	+1,171,600	3,978,700	$693,885,280
SLNO	Soleno Therapeutics Inc	+1,154,743	1,589,343	$53,211,203
TERN	Terns Pharmaceuticals, Inc.	+1,133,400	1,228,000	$64,740,160
PINS	Pinterest, Inc.	+1,100,000	1,200,000	$22,008,000
DHT	DHT Holdings, Inc.	+1,099,200	1,118,200	$20,429,514
WMB	Williams Companies, Inc.	+1,083,400	1,369,300	$99,657,654
BSX	Boston Scientific Corp	+1,059,100	1,881,600	$118,070,400
GXO	GXO Logistics, Inc.	+1,053,800	1,138,800	$59,046,780
PTON	Peloton Interactive, Inc.	+1,050,850	1,096,450	$4,703,770
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NNDM	Nano Dimension Ltd.	−7,584,574	2,075,300	$3,528,010
WULF	Terawulf Inc.	−5,380,936	5,620,800	$81,108,144
SOC	Sable Offshore Corp.	−5,025,947	487,600	$8,055,152
RUN	Sunrun Inc.	−4,497,215	1,796,485	$24,360,336
COMP	Compass, Inc.	−3,342,670	13,200	$96,492
CMG	Chipotle Mexican Grill Inc	−2,623,380	836,020	$26,761,000
CZR	Caesars Entertainment, Inc.	−2,321,997	1,063,939	$28,119,907
EOSE	Eos Energy Enterprises, Inc.	−2,244,327	5,938,100	$29,452,976
RCUS	Arcus Biosciences, Inc.	−1,853,065	76,033	$1,642,312
NUVB	Nuvation Bio Inc.	−1,734,700	800,000	$3,432,000
IREN	IREN Ltd	−1,723,760	1,287,000	$44,118,360
OSG	Octave Specialty Group Inc	−1,388,797	1,028,497	$4,782,511
ERAS	Erasca, Inc.	−1,374,900	612,500	$9,910,250
BHVN	Biohaven Ltd.	−1,290,661	410,339	$3,471,467
VSAT	Viasat Inc	−1,263,623	25,000	$1,145,000
FHN	First Horizon Corp	−1,059,132	118,688	$2,701,338
OSCR	Oscar Health, Inc.	−1,048,193	151,407	$1,736,638
LQDA	Liquidia Corp	−1,039,738	366,600	$13,835,484
URGN	UroGen Pharma Ltd.	−995,876	4,124	$74,149
BMY	Bristol Myers Squibb Co	−967,700	495,000	$30,021,750
HL	Hecla Mining Co/De/	−949,300	100,000	$1,863,000
RMNI	Rimini Street, Inc.	−937,860	1,300,000	$4,264,000
NVO	Novo Nordisk A S	−879,571	335,600	$12,333,300
XPOF	Xponential Fitness, Inc.	−850,480	42,200	$254,044
RIOT	Riot Platforms, Inc.	−848,746	456,454	$5,641,771
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
META	Meta Platforms, Inc.	2,212,500	$1,265,837,625
EA	Electronic Arts Inc.	1,706,700	$347,944,929
MDGL	Madrigal Pharmaceuticals, Inc.	140,000	$73,285,800
CI	Cigna Group	273,000	$72,822,750
VRSK	Verisk Analytics, Inc.	300,000	$56,925,000
SWK	Stanley Black & Decker, Inc.	623,363	$44,296,174
MASI	Masimo Corp	232,900	$41,425,923
CVX	Chevron Corp	200,000	$41,380,000
ELVN	Enliven Therapeutics, Inc.	956,500	$37,494,800
APGE	Apogee Therapeutics, Inc.	395,400	$33,280,818
GE	General Electric Co	114,000	$32,349,780
CRL	Charles River Laboratories International, Inc.	169,000	$29,152,500
APH	Amphenol Corp /De/	223,000	$28,176,050
ADBE	Adobe Inc.	111,500	$27,103,420
VRTX	Vertex Pharmaceuticals Inc / Ma	60,200	$26,881,708
DHR	Danaher Corp /De/	136,200	$25,823,520
AVAV	AeroVironment Inc	137,344	$25,140,819
PBR	Petrobras - Petroleo Brasileiro SA	1,152,000	$23,904,000
HOOD	Robinhood Markets, Inc.	335,000	$23,215,500
RTX	RTX Corp	120,000	$23,148,000
NYT	New York Times Co	275,000	$23,025,750
OMC	Omnicom Group Inc.	300,000	$22,593,000
HRMY	Harmony Biosciences Holdings, Inc.	772,292	$21,631,898
FICO	Fair Isaac Corp	20,100	$21,457,554
CRBG	Corebridge Financial, Inc.	882,900	$21,065,994
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AAPL	Apple Inc.	940,000	$255,548,400
LLY	ELI LILLY & Co	111,440	$119,762,348
MSTR	Strategy Inc	590,000	$89,650,500
EXAS	EXACT SCIENCES CORP	648,879	$65,900,151
LW	Lamb Weston Holdings, Inc.	1,363,271	$57,107,422
GMED	Globus Medical Inc	547,400	$47,793,494
CM	Canadian Imperial Bank Of Commerce /Can/	522,400	$47,334,664
GD	General Dynamics Corp	140,565	$47,322,612
PLNT	Planet Fitness, Inc.	358,300	$38,864,801
BCH	Bank Of Chile	944,941	$35,907,758
RH	Rh	179,540	$32,164,591
SQM	Chemical & Mining Co Of Chile Inc	461,682	$31,763,721
LAD	Lithia Motors Inc	93,200	$30,973,156
AMBA	Ambarella Inc	420,500	$29,788,220
NBIS	Nebius Group N.V.	350,800	$29,363,713
DHI	Horton D R Inc /De/	189,000	$27,221,670
URI	United Rentals, Inc.	33,500	$27,112,220
QCOM	Qualcomm Inc/De	134,890	$23,072,934
IMAX	Imax Corp	584,800	$21,614,208
NXT	Nextpower Inc.	242,200	$21,098,042
LULU	lululemon athletica inc.	100,000	$20,781,000
GEHC	GE HealthCare Technologies Inc.	252,600	$20,718,252
IAG	Iamgold Corp	1,175,500	$19,383,995
INSP	Inspire Medical Systems, Inc.	190,200	$17,542,146
MSM	Msc Industrial Direct Co Inc	195,000	$16,399,500
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

817 positions · $16,032,229,474 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 817 positions by value · page 1 of 17

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
META	Meta Platforms, Inc. Communication Services	NEW	2,212,500	NEW	$1,265,837,625	NEW	7.90%
NVDA	Nvidia Corp Technology	Added	3,978,700	+1,171,600	$693,885,280	+32.5%	4.33%
UTHR	UNITED THERAPEUTICS Corp Healthcare	Added	1,151,645	+713,964	$682,902,452	+220.2%	4.26%
CVNA	Carvana Co. Consumer Cyclical	Added	1,717,100	+734,900	$539,821,898	+30.2%	3.37%
WBD	Warner Bros. Discovery, Inc. Communication Services	Added	17,342,400	+7,263,200	$476,222,304	+63.9%	2.97%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,013,750	+863,750	$419,403,712	+58.0%	2.62%
OWL	Blue Owl Capital Inc. Financial Services	Added	38,168,355	+33,982,632	$348,477,081	+457.3%	2.17%
EA	Electronic Arts Inc. Communication Services	NEW	1,706,700	NEW	$347,944,929	NEW	2.17%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	639,700	-300	$237,808,475	−17.4%	1.48%
TTWO	Take Two Interactive Software Inc Communication Services	Added	1,141,143	+964,943	$225,375,742	+399.6%	1.41%
UNH	Unitedhealth Group Inc Healthcare	Added	728,150	+594,270	$197,030,108	+345.8%	1.23%
NFLX	Netflix Inc Communication Services	Added	2,036,100	+343,700	$195,771,015	+23.4%	1.22%
CGON	CG Oncology, Inc. Healthcare	Added	2,758,880	+1,449,634	$186,720,998	+243.5%	1.16%
MSFT	Microsoft Corp Technology	Added	475,350	+21,150	$175,960,309	−19.9%	1.10%
CEG	Constellation Energy Corp Utilities	Added	574,023	+540,273	$160,295,922	+1244.4%	1.00%
RVMD	Revolution Medicines, Inc. Healthcare	Added	1,550,000	+813,900	$150,737,500	+157.1%	0.94%
LITE	Lumentum Holdings Inc. Technology	Added	177,550	+13,350	$124,775,038	+106.2%	0.78%
CYTK	Cytokinetics Inc Healthcare	Added	1,856,600	+1,333,501	$122,368,506	+268.2%	0.76%
RDDT	Reddit, Inc. Communication Services	Reduced	888,900	-148,500	$119,690,385	−49.8%	0.75%
BSX	Boston Scientific Corp Healthcare	Added	1,881,600	+1,059,100	$118,070,400	+50.6%	0.74%
CLS	Celestica Inc Technology	Added	392,156	+96,756	$110,462,502	+26.5%	0.69%
AMD	Advanced Micro Devices Inc Technology	Added	499,000	+199,000	$101,511,570	+58.0%	0.63%
WMB	Williams Companies, Inc. Energy	Added	1,369,300	+1,083,400	$99,657,654	+479.9%	0.62%
MRNA	Moderna, Inc. Healthcare	Added	1,942,100	+505,300	$98,658,680	+132.8%	0.62%
RCL	Royal Caribbean Cruises Ltd Consumer Cyclical	Held	357,000	0	$98,239,260	−1.3%	0.61%
MP	MP Materials Corp. / DE Basic Materials	Reduced	2,005,160	-437,240	$96,769,021	−21.6%	0.60%
MLYS	Mineralys Therapeutics, Inc. Healthcare	Added	3,273,400	+824,200	$88,676,406	−0.2%	0.55%
WULF	Terawulf Inc. Financial Services	Reduced	5,620,800	-5,380,936	$81,108,144	−35.8%	0.51%
WMT	Walmart Inc. Consumer Defensive	Added	635,000	+535,000	$78,917,800	+608.4%	0.49%
ASTS	AST SpaceMobile, Inc. Technology	Reduced	940,000	-112,100	$77,897,800	+1.9%	0.49%
CVS	CVS HEALTH Corp Healthcare	Added	1,083,500	+983,500	$77,816,970	+880.6%	0.49%
XENE	Xenon Pharmaceuticals Inc. Healthcare	Added	1,337,900	+757,900	$77,798,885	+199.3%	0.49%
BURL	Burlington Stores, Inc. Consumer Cyclical	Added	236,160	+133,360	$76,841,740	+158.8%	0.48%
OKE	Oneok Inc /New/ Energy	Reduced	826,349	-289,351	$74,693,686	−8.9%	0.47%
UBER	Uber Technologies, Inc Technology	Added	1,036,644	+817,344	$74,565,802	+316.1%	0.47%
MDGL	Madrigal Pharmaceuticals, Inc. Healthcare	NEW	140,000	NEW	$73,285,800	NEW	0.46%
GOOGL	Alphabet Inc. Communication Services	Reduced	254,800	-25,200	$73,270,288	−16.4%	0.46%
CI	Cigna Group Healthcare	NEW	273,000	NEW	$72,822,750	NEW	0.45%
COIN	Coinbase Global, Inc. Financial Services	Added	415,970	+24,200	$72,632,521	−18.0%	0.45%
EXE	EXPAND ENERGY Corp Energy	Added	651,200	+547,000	$71,488,736	+521.7%	0.45%
VRT	Vertiv Holdings Co Industrials	Reduced	280,200	-592,400	$70,212,516	−50.3%	0.44%
DDOG	Datadog, Inc. Technology	Added	589,500	+278,737	$69,590,475	+64.7%	0.43%
CELC	Celcuity Inc. Healthcare	Added	600,000	+83,200	$68,484,000	+32.9%	0.43%
VALE	Vale S.A. Basic Materials	Reduced	4,299,058	-501,742	$68,398,012	+9.3%	0.43%
PRAX	Praxis Precision Medicines, Inc. Healthcare	Reduced	209,000	-34,300	$67,337,710	−6.1%	0.42%
TERN	Terns Pharmaceuticals, Inc. Healthcare	Added	1,228,000	+1,133,400	$64,740,160	+1594.0%	0.40%
XOM	Exxon Mobil Corp Energy	Reduced	370,900	-371,600	$62,926,894	−29.6%	0.39%
TEVA	Teva Pharmaceutical Industries Ltd Healthcare	Added	2,044,058	+1,809,558	$61,567,026	+741.2%	0.38%
GXO	GXO Logistics, Inc. Industrials	Added	1,138,800	+1,053,800	$59,046,780	+1219.7%	0.37%
IMCR	Immunocore Holdings plc Healthcare	Added	1,934,286	+1,814,902	$58,318,722	+1307.4%	0.36%