Mark Weissman, Adam Cohen and David Coleto's Caspian Capital Partners recently filed its 13F with the SEC for the reporting period of June 30. Among the high degree of turnover in the fund's public equity portfolio during the second quarter, we noticed that three of its new moves during the period were bearish bets on companies, in the form of positions of put options. Included among those was one very bearish call, which is now by far the largest position in its public portfolio in terms of value.