Filed: 2/17/2026ACC: 0001706766-26-000002
📋 What this filing means
CAPTION MANAGEMENT, LLC filed this quarterly 13F‑HR report disclosing 904 equity positions with a total reported market value of $14.58B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
904
Positions
$14.58B
Total AUM (reported)
369.15M
Total Shares
Allocation by class
COM$8.42B57.7%
CL A$1.28B8.8%
COM CL A$815.17M5.6%
COM NEW$752.20M5.2%
COM SER A$290.48M2.0%
CAP STK CL C$248.91M1.7%
COM SHS$185.56M1.3%
Portfolio Concentration
Top 3$1.26B8.7%
4–10$1.81B12.4%
11–25$2.02B13.9%
Rest$9.49B65.1%
Top 3 weight
8.7%
Top 10 weight
21.0%
Voting Authority Distribution
Total shares with voting rights: 369.15M
Sole
Full voting authority
369.15M
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)
Sole904
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings904
Rows:
NVIDIA CORPORATION
SOLEShares2.81M
TypeSH
Market value$523.52M
3.59%
Sole
2.81M
Shared
0.00
None
0.00
CARVANA CO
SOLEShares982.20K
TypeSH
Market value$414.51M
2.84%
Sole
982.20K
Shared
0.00
None
0.00
INTUIT
SOLEShares490.60K
TypeSH
Market value$324.98M
2.23%
Sole
490.60K
Shared
0.00
None
0.00
WARNER BROS DISCOVERY INC
SOLEShares10.08M
TypeSH
Market value$290.48M
1.99%
Sole
10.08M
Shared
0.00
None
0.00
TESLA INC
SOLEShares640K
TypeSH
Market value$287.82M
1.97%
Sole
640K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares1.15M
TypeSH
Market value$265.44M
1.82%
Sole
1.15M
Shared
0.00
None
0.00
APPLE INC
SOLEShares940K
TypeSH
Market value$255.55M
1.75%
Sole
940K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares793.20K
TypeSH
Market value$248.91M
1.71%
Sole
793.20K
Shared
0.00
None
0.00
REDDIT INC
SOLEShares1.04M
TypeSH
Market value$238.47M
1.64%
Sole
1.04M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares454.20K
TypeSH
Market value$219.66M
1.51%
Sole
454.20K
Shared
0.00
None
0.00
UNITED THERAPEUTICS CORP DEL
SOLEShares437.68K
TypeSH
Market value$213.26M
1.46%
Sole
437.68K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares1.69M
TypeSH
Market value$158.68M
1.09%
Sole
1.69M
Shared
0.00
None
0.00
BOEING CO
SOLEShares696.80K
TypeSH
Market value$151.29M
1.04%
Sole
696.80K
Shared
0.00
None
0.00
VERTIV HOLDINGS CO
SOLEShares872.60K
TypeSH
Market value$141.37M
0.97%
Sole
872.60K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares694.82K
TypeSH
Market value$135.43M
0.93%
Sole
694.82K
Shared
0.00
None
0.00
ARK ETF TR
SOLEShares1.70M
TypeSH
Market value$130.42M
0.89%
Sole
1.70M
Shared
0.00
None
0.00
CAPITAL ONE FINL CORP
SOLEShares528.61K
TypeSH
Market value$128.11M
0.88%
Sole
528.61K
Shared
0.00
None
0.00
CHIPOTLE MEXICAN GRILL INC
SOLEShares3.46M
TypeSH
Market value$128.00M
0.88%
Sole
3.46M
Shared
0.00
None
0.00
TERAWULF INC
SOLEShares11M
TypeSH
Market value$126.41M
0.87%
Sole
11M
Shared
0.00
None
0.00
MP MATERIALS CORP
SOLEShares2.44M
TypeSH
Market value$123.39M
0.85%
Sole
2.44M
Shared
0.00
None
0.00
ECHOSTAR CORP
SOLEShares1.10M
TypeSH
Market value$120.11M
0.82%
Sole
1.10M
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares111.44K
TypeSH
Market value$119.76M
0.82%
Sole
111.44K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares562.30K
TypeSH
Market value$116.37M
0.80%
Sole
562.30K
Shared
0.00
None
0.00
SUNRUN INC
SOLEShares6.29M
TypeSH
Market value$115.80M
0.79%
Sole
6.29M
Shared
0.00
None
0.00
IREN LIMITED
SOLEShares3.01M
TypeSH
Market value$113.72M
0.78%
Sole
3.01M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 2.81M | SH | $523.52M 3.59% | 2.81M | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 982.20K | SH | $414.51M 2.84% | 982.20K | 0.00 | 0.00 |
INTUITSOLE | COM | 490.60K | SH | $324.98M 2.23% | 490.60K | 0.00 | 0.00 |
WARNER BROS DISCOVERY INCSOLE | COM SER A | 10.08M | SH | $290.48M 1.99% | 10.08M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 640K | SH | $287.82M 1.97% | 640K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 1.15M | SH | $265.44M 1.82% | 1.15M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 940K | SH | $255.55M 1.75% | 940K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 793.20K | SH | $248.91M 1.71% | 793.20K | 0.00 | 0.00 |
REDDIT INCSOLE | CL A | 1.04M | SH | $238.47M 1.64% | 1.04M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 454.20K | SH | $219.66M 1.51% | 454.20K | 0.00 | 0.00 |
UNITED THERAPEUTICS CORP DELSOLE | COM | 437.68K | SH | $213.26M 1.46% | 437.68K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 1.69M | SH | $158.68M 1.09% | 1.69M | 0.00 | 0.00 |
BOEING COSOLE | COM | 696.80K | SH | $151.29M 1.04% | 696.80K | 0.00 | 0.00 |
VERTIV HOLDINGS COSOLE | COM CL A | 872.60K | SH | $141.37M 0.97% | 872.60K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 694.82K | SH | $135.43M 0.93% | 694.82K | 0.00 | 0.00 |
ARK ETF TRSOLE | INNOVATION ETF | 1.70M | SH | $130.42M 0.89% | 1.70M | 0.00 | 0.00 |
CAPITAL ONE FINL CORPSOLE | COM | 528.61K | SH | $128.11M 0.88% | 528.61K | 0.00 | 0.00 |
CHIPOTLE MEXICAN GRILL INCSOLE | COM | 3.46M | SH | $128.00M 0.88% | 3.46M | 0.00 | 0.00 |
TERAWULF INCSOLE | COM | 11M | SH | $126.41M 0.87% | 11M | 0.00 | 0.00 |
MP MATERIALS CORPSOLE | COM CL A | 2.44M | SH | $123.39M 0.85% | 2.44M | 0.00 | 0.00 |
ECHOSTAR CORPSOLE | CL A | 1.10M | SH | $120.11M 0.82% | 1.10M | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 111.44K | SH | $119.76M 0.82% | 111.44K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 562.30K | SH | $116.37M 0.80% | 562.30K | 0.00 | 0.00 |
SUNRUN INCSOLE | COM | 6.29M | SH | $115.80M 0.79% | 6.29M | 0.00 | 0.00 |
IREN LIMITEDSOLE | ORDINARY SHARES | 3.01M | SH | $113.72M 0.78% | 3.01M | 0.00 | 0.00 |
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