Caption Management, LLC

Position in DOW — Dow Inc.

CIK 1706766 OKLAHOMA CITY, OK

Back to DOW Full portfolio

Position in DOW

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$6,426,595

+$5,605,303 QoQ

Shares Held

154,300

+339.3% QoQ

Ownership

0.021%

of shares outstanding

% of Portfolio

0.33%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Sep 2020

9 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Derivatives in DOW

reported options exposure · as of Mar 31, 2026

CallValue

$2,082,500

CallShares

50,000

PutValue

$14,994,000

PutShares

360,000

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 Chemicals

Basic Materials · as of Mar 31, 2026

Caption Management, LLC holds $28,063,406 across 6 Chemicals names. DOW ranks #2 (22.9% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	TROX	Tronox Holdings plc	1,087,648	$10,626,320
2	DOW	Dow Inc. This page	154,300	$6,426,595
3	CE	Celanese Corp	82,607	$5,433,062
4	HUN	Huntsman CORP	322,193	$4,288,388
5	LXU	Lsb Industries, Inc.	54,588	$813,361
6	OLN	OLIN Corp	16,000	$475,680

14 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$14,994,000	360,000	+620.0%	Put	Sole	2026-05-15
2026-03-31	$2,082,500	50,000	-67.6%	Call	Sole	2026-05-15
2026-03-31	$6,426,595	154,300	+285.8%	Shares	Sole	2026-05-15
2025-12-31	$935,200	40,000	+13.9%	Put	Sole	2026-02-17
2025-12-31	$821,292	35,128	+210.1%	Shares	Sole	2026-02-17
2023-09-30	$584,020	11,327	-38.2%	Shares	Sole	2023-11-14
2023-06-30	$976,096	18,327	+12.9%	Shares	Sole	2023-08-14
2023-03-31	$889,564	16,227	-29.4%	Shares	Sole	2023-05-15
2022-03-31	$1,465,560	23,000	-96.5%	Shares	Sole	2022-05-13
2021-12-31	$36,868,000	650,000	+4233.3%	Call	Sole	2022-02-11
2021-12-31	$850,800	15,000	-82.4%	Shares	Sole	2022-02-11
2021-09-30	$4,892,600	85,000	-83.0%	Shares	Sole	2021-11-12
2021-09-30	$28,780,000	500,000	+222.6%	Call	Sole	2021-11-12
2020-09-30	$7,292,750	155,000	—	Shares	Sole	2020-11-16
No filing history on record for this holder in this stock.

Caption Management, LLC

Position in DOW

Common Shares in DOW Over Time

Shares Held

Position Value (USD)

Derivatives in DOW

Position in Chemicals

All Filings in DOW