Filed: 5/15/2025ACC: 0001706766-25-000004
📋 What this filing means
CAPTION MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 862 equity positions with a total reported market value of $10.40B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
862
Positions
$10.40B
Total AUM (reported)
245.91M
Total Shares
Allocation by class
COM$7.10B68.3%
CL A$612.98M5.9%
COM CL A$401.28M3.9%
COM NEW$278.49M2.7%
CAP STK CL A$270.88M2.6%
SPONSORED ADS$241.28M2.3%
CAP STK CL C$223.35M2.1%
Portfolio Concentration
Top 3$1.96B18.9%
4–10$1.38B13.2%
11–25$1.25B12.0%
Rest$5.81B55.9%
Top 3 weight
18.9%
Top 10 weight
32.1%
Voting Authority Distribution
Total shares with voting rights: 245.91M
Sole
Full voting authority
245.91M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole862
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings862
Rows:
MICROSOFT CORP
SOLEShares2.10M
TypeSH
Market value$788.32M
7.58%
Sole
2.10M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares3.50M
TypeSH
Market value$665.91M
6.40%
Sole
3.50M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares4.70M
TypeSH
Market value$509.39M
4.90%
Sole
4.70M
Shared
0.00
None
0.00
INTUIT
SOLEShares501.20K
TypeSH
Market value$307.73M
2.96%
Sole
501.20K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.75M
TypeSH
Market value$270.88M
2.60%
Sole
1.75M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.43M
TypeSH
Market value$223.35M
2.15%
Sole
1.43M
Shared
0.00
None
0.00
UNITED STATES STL CORP NEW
SOLEShares3.84M
TypeSH
Market value$162.11M
1.56%
Sole
3.84M
Shared
0.00
None
0.00
TESLA INC
SOLEShares596K
TypeSH
Market value$154.46M
1.49%
Sole
596K
Shared
0.00
None
0.00
ENERGY TRANSFER L P
SOLEShares7.20M
TypeSH
Market value$133.81M
1.29%
Sole
7.20M
Shared
0.00
None
0.00
CISCO SYS INC
SOLEShares2M
TypeSH
Market value$123.42M
1.19%
Sole
2M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares1.20M
TypeSH
Market value$123.29M
1.19%
Sole
1.20M
Shared
0.00
None
0.00
REDDIT INC
SOLEShares889.90K
TypeSH
Market value$93.35M
0.90%
Sole
889.90K
Shared
0.00
None
0.00
NEXTERA ENERGY INC
SOLEShares1.30M
TypeSH
Market value$91.92M
0.88%
Sole
1.30M
Shared
0.00
None
0.00
JUNIPER NETWORKS INC
SOLEShares2.50M
TypeSH
Market value$90.47M
0.87%
Sole
2.50M
Shared
0.00
None
0.00
APPLOVIN CORP
SOLEShares340K
TypeSH
Market value$90.09M
0.87%
Sole
340K
Shared
0.00
None
0.00
CORCEPT THERAPEUTICS INC
SOLEShares719.90K
TypeSH
Market value$82.23M
0.79%
Sole
719.90K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares599.90K
TypeSH
Market value$79.32M
0.76%
Sole
599.90K
Shared
0.00
None
0.00
SOLENO THERAPEUTICS INC
SOLEShares1.10M
TypeSH
Market value$78.24M
0.75%
Sole
1.10M
Shared
0.00
None
0.00
CARVANA CO
SOLEShares370K
TypeSH
Market value$77.36M
0.74%
Sole
370K
Shared
0.00
None
0.00
BOOKING HOLDINGS INC
SOLEShares16.70K
TypeSH
Market value$76.94M
0.74%
Sole
16.70K
Shared
0.00
None
0.00
INTEL CORP
SOLEShares3.38M
TypeSH
Market value$76.87M
0.74%
Sole
3.38M
Shared
0.00
None
0.00
ROYAL CARIBBEAN GROUP
SOLEShares357K
TypeSH
Market value$73.34M
0.71%
Sole
357K
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares439.50K
TypeSH
Market value$72.96M
0.70%
Sole
439.50K
Shared
0.00
None
0.00
ARGENX SE
SOLEShares122.60K
TypeSH
Market value$72.56M
0.70%
Sole
122.60K
Shared
0.00
None
0.00
MCDONALDS CORP
SOLEShares225K
TypeSH
Market value$70.28M
0.68%
Sole
225K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPSOLE | COM | 2.10M | SH | $788.32M 7.58% | 2.10M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 3.50M | SH | $665.91M 6.40% | 3.50M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 4.70M | SH | $509.39M 4.90% | 4.70M | 0.00 | 0.00 |
INTUITSOLE | COM | 501.20K | SH | $307.73M 2.96% | 501.20K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.75M | SH | $270.88M 2.60% | 1.75M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 1.43M | SH | $223.35M 2.15% | 1.43M | 0.00 | 0.00 |
UNITED STATES STL CORP NEWSOLE | COM | 3.84M | SH | $162.11M 1.56% | 3.84M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 596K | SH | $154.46M 1.49% | 596K | 0.00 | 0.00 |
ENERGY TRANSFER L PSOLE | COM UT LTD PTN | 7.20M | SH | $133.81M 1.29% | 7.20M | 0.00 | 0.00 |
CISCO SYS INCSOLE | COM | 2M | SH | $123.42M 1.19% | 2M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 1.20M | SH | $123.29M 1.19% | 1.20M | 0.00 | 0.00 |
REDDIT INCSOLE | CL A | 889.90K | SH | $93.35M 0.90% | 889.90K | 0.00 | 0.00 |
NEXTERA ENERGY INCSOLE | COM | 1.30M | SH | $91.92M 0.88% | 1.30M | 0.00 | 0.00 |
JUNIPER NETWORKS INCSOLE | COM | 2.50M | SH | $90.47M 0.87% | 2.50M | 0.00 | 0.00 |
APPLOVIN CORPSOLE | COM CL A | 340K | SH | $90.09M 0.87% | 340K | 0.00 | 0.00 |
CORCEPT THERAPEUTICS INCSOLE | COM | 719.90K | SH | $82.23M 0.79% | 719.90K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 599.90K | SH | $79.32M 0.76% | 599.90K | 0.00 | 0.00 |
SOLENO THERAPEUTICS INCSOLE | COM | 1.10M | SH | $78.24M 0.75% | 1.10M | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 370K | SH | $77.36M 0.74% | 370K | 0.00 | 0.00 |
BOOKING HOLDINGS INCSOLE | COM | 16.70K | SH | $76.94M 0.74% | 16.70K | 0.00 | 0.00 |
INTEL CORPSOLE | COM | 3.38M | SH | $76.87M 0.74% | 3.38M | 0.00 | 0.00 |
ROYAL CARIBBEAN GROUPSOLE | COM | 357K | SH | $73.34M 0.71% | 357K | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 439.50K | SH | $72.96M 0.70% | 439.50K | 0.00 | 0.00 |
ARGENX SESOLE | SPONSORED ADR | 122.60K | SH | $72.56M 0.70% | 122.60K | 0.00 | 0.00 |
MCDONALDS CORPSOLE | COM | 225K | SH | $70.28M 0.68% | 225K | 0.00 | 0.00 |
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