Position in DAL
as of Mar 31, 2026
· filed May 15, 2026
Position Value
$9,493,344
+$8,889,564 QoQ
Shares Held
142,800
+1541.4% QoQ
Ownership
0.022%
of shares outstanding
% of Portfolio
0.49%
of 13F equity value
Holder Rank
—
not a current holder
Holding Since
Mar 2020
20 quarters on record
Voting authority
Sole 100.ToString("F0")%
Shared 0.ToString("F0")%
None 0.ToString("F0")%
Common Shares in DAL Over Time
Shares Held
Position Value (USD)
Derivatives in DAL
reported options exposure · as of Mar 31, 2026CallValue
$23,268,000
CallShares
350,000
PutValue
$11,833,440
PutShares
178,000
Notional value of option positions as reported on Form 13F. Calls and puts are disclosed separately and do not net against the common-share stake above.
Position in Airlines
Industrials · as of Mar 31, 2026Caption Management, LLC holds $19,870,866 across 3 Airlines names. DAL ranks #1 (47.8% of the industry book) .
All Filings in DAL
Export CSV
32 filing rows on record
| Report Date | Value (USD) | Shares | Type | Discretion | Filed | |
|---|---|---|---|---|---|---|
| 2026-03-31 | $23,268,000 | 350,000 | Call | Sole | 2026-05-15 | |
| 2026-03-31 | $9,493,344 | 142,800 | Shares | Sole | 2026-05-15 | |
| 2026-03-31 | $11,833,440 | 178,000 | Put | Sole | 2026-05-15 | |
| 2025-12-31 | $5,205,000 | 75,000 | Call | Sole | 2026-02-17 | |
| 2025-12-31 | $902,200 | 13,000 | Put | Sole | 2026-02-17 | |
| 2025-12-31 | $603,780 | 8,700 | Shares | Sole | 2026-02-17 | |
| 2025-09-30 | $2,440,250 | 43,000 | Shares | Sole | 2025-11-14 | |
| 2025-06-30 | $1,622,940 | 33,000 | Shares | Sole | 2025-08-14 | |
| 2024-12-31 | $1,270,500 | 21,000 | Shares | Sole | 2025-02-14 | |
| 2024-12-31 | $3,412,200 | 56,400 | Call | Sole | 2025-02-14 | |
| 2024-09-30 | $2,864,556 | 56,400 | Call | Sole | 2024-11-14 | |
| 2024-09-30 | $6,854,821 | 134,964 | Shares | Sole | 2024-11-14 | |
| 2024-06-30 | $948,800 | 20,000 | Put | Sole | 2024-08-14 | |
| 2024-06-30 | $370,032 | 7,800 | Shares | Sole | 2024-08-14 | |
| 2024-03-31 | $445,191 | 9,300 | Call | Sole | 2024-05-15 | |
| 2023-12-31 | $402,300 | 10,000 | Call | Sole | 2024-02-14 | |
| 2023-09-30 | $5,550,000 | 150,000 | Call | Sole | 2023-11-14 | |
| 2023-06-30 | $1,307,350 | 27,500 | Shares | Sole | 2023-08-14 | |
| 2023-06-30 | $10,976,986 | 230,900 | Call | Sole | 2023-08-14 | |
| 2022-12-31 | $1,150,100 | 35,000 | Call | Sole | 2023-02-14 | |
| 2022-09-30 | $982,100 | 35,000 | Call | Sole | 2022-11-14 | |
| 2022-06-30 | $3,050,541 | 105,300 | Call | Sole | 2022-08-15 | |
| 2022-03-31 | $14,158,146 | 357,800 | Call | Sole | 2022-05-13 | |
| 2022-03-31 | $4,154,850 | 105,000 | Shares | Sole | 2022-05-13 | |
| 2021-12-31 | $11,724,000 | 300,000 | Call | Sole | 2022-02-11 | |
| 2021-09-30 | $15,765,700 | 370,000 | Call | Sole | 2021-11-12 | |
| 2021-09-30 | $2,982,700 | 70,000 | Put | Sole | 2021-11-12 | |
| 2021-06-30 | $4,326,000 | 100,000 | Call | Sole | 2021-08-16 | |
| 2020-12-31 | $4,021,000 | 100,000 | Call | Sole | 2021-02-16 | |
| 2020-12-31 | $904,725 | 22,500 | Shares | Sole | 2021-02-16 | |
| 2020-03-31 | $855,900 | 30,000 | Put | Sole | 2020-05-15 | |
| 2020-03-31 | $570,600 | 20,000 | Shares | Sole | 2020-05-15 | |
| No filing history on record for this holder in this stock. | ||||||