Capstone Investment Advisors, Llc
Institutional manager — quarterly 13F holdings, Q ending 2026-06-30
Reported value
$54.04B
Q ending 2026-06-30
Prior quarter
$57.41B
Q ending 2026-03-31
Change
-5.9% QoQ · +33.8% YoY
Positions
1,641
reported holdings
Largest positions
Top 100 of 1,641 reported positions by value, Q ending 2026-06-30. A manager can hold shares, calls and puts on the same security at once — such positions are listed as separate rows. Type: Shares = common stock, Put/Call = option positions (valued at the underlying), Principal = debt. Tickers link to stock pages where covered.
| Holding | Ticker | Type | Value ▼ | Shares |
|---|---|---|---|---|
| State Str Spdr S&P 500 Etf T | SPY | Put | $6.97B | 9.3M |
| Invesco Qqq Tr | QQQ | Put | $5.77B | 7.8M |
| Nvidia Corporation | NVDA | Put | $2.26B | 11.3M |
| Invesco Qqq Tr | QQQ | Call | $2.05B | 2.8M |
| Microsoft Corp | MSFT | Put | $1.79B | 4.8M |
| Microsoft Corp | MSFT | Shares | $1.61B | 4.3M |
| Nvidia Corporation | NVDA | Shares | $1.37B | 6.9M |
| Western Digital Corp | WDC 3 11/15/28 | Principal | $1.36B | 80.5M |
| Apple Inc | AAPL | Put | $1.21B | 4.2M |
| Ishares Tr | IVV | Shares | $1.17B | 1.6M |
| Amazon Com Inc | AMZN | Put | $1.06B | 4.4M |
| Tesla Inc | TSLA | Put | $884.9M | 2.1M |
| Amazon Com Inc | AMZN | Shares | $736.3M | 3.1M |
| Ishares Tr | LQD | Put | $681.4M | 6.2M |
| Ishares Tr | IWM | Call | $673.0M | 2.2M |
| State Str Spdr S&P 500 Etf T | SPY | Call | $664.9M | 890K |
| Nebius Group N.V. | Put | $622.9M | 2.3M | |
| Micron Technology Inc | MU | Put | $601.6M | 521K |
| Vanguard Index Fds | VOO | Shares | $589.2M | 858K |
| Tesla Inc | TSLA | Shares | $556.4M | 1.3M |
| Select Sector Spdr Tr | XLF | Call | $532.4M | 9.9M |
| Alphabet Inc | GOOG | Put | $522.0M | 1.5M |
| Alphabet Inc | GOOGL | Put | $472.8M | 1.3M |
| Ishares Tr | FXI | Put | $424.2M | 13.4M |
| Meta Platforms Inc | META | Put | $384.5M | 683K |
| Ishares Tr | FXI | Call | $365.6M | 11.6M |
| Advanced Micro Devices Inc | AMD | Put | $355.0M | 611K |
| Apple Inc | AAPL | Call | $354.4M | 1.2M |
| Meta Platforms Inc | META | Shares | $335.1M | 595K |
| Nvidia Corporation | NVDA | Call | $316.2M | 1.6M |
| Invesco Qqq Tr | QQQ | Shares | $314.4M | 427K |
| Broadcom Inc | AVGO | Put | $313.1M | 829K |
| Select Sector Spdr Tr | XLF | Put | $288.3M | 5.4M |
| Ishares Tr | HYG | Put | $284.1M | 3.6M |
| Intel Corp | INTC | Put | $283.3M | 2.0M |
| Apple Inc | AAPL | Shares | $270.5M | 935K |
| Micron Technology Inc | MU | Shares | $265.9M | 230K |
| Berkshire Hathaway Inc Del | BRK/B | Put | $243.1M | 486K |
| Tesla Inc | TSLA | Call | $232.2M | 552K |
| Ishares Tr | EEM | Put | $215.6M | 3.2M |
| Vaneck Etf Trust | SMH | Put | $214.1M | 327K |
| Echostar Corp | ECHO 3.875 11/30/30 | Principal | $205.0M | 65.6M |
| Nokia Corp | NOK | Shares | $193.8M | 14.6M |
| Spdr Series Trust | KRE | Call | $193.5M | 2.6M |
| Nokia Corp | NOK | Put | $193.2M | 14.6M |
| Spdr Series Trust | KRE | Put | $191.8M | 2.6M |
| Amazon Com Inc | AMZN | Call | $186.3M | 782K |
| Oracle Corp | ORCL | Shares | $178.4M | 1.2M |
| Ishares Tr | IWM | Put | $171.3M | 570K |
| Broadcom Inc | AVGO | Shares | $169.3M | 448K |
| Jpmorgan Chase & Co | JPM | Put | $164.6M | 503K |
| Microsoft Corp | MSFT | Call | $158.0M | 424K |
| Applied Matls Inc | AMAT | Put | $146.2M | 202K |
| Space Exploration Techn Corp | SPCX | Shares | $138.8M | 813K |
| Eli Lilly & Co | LLY | Put | $138.3M | 115K |
| Sandisk Corp | SNDK | Put | $133.7M | 59K |
| Interdigital Inc | IDCC 3.5 06/01/27 | Principal | $127.7M | 34.9M |
| Bridgebio Pharma Inc | BBIO 2.5 03/15/27 | Principal | $124.5M | 69.9M |
| Alphabet Inc | GOOG | Call | $124.0M | 351K |
| Exxon Mobil Corp | XOM | Put | $122.4M | 895K |
| Meta Platforms Inc | META | Call | $122.1M | 217K |
| Strategy Inc | MSTR | Put | $119.3M | 1.4M |
| Lam Research Corp | LRCX | Put | $115.4M | 266K |
| Strategy Inc | MSTR | Shares | $112.9M | 1.3M |
| Broadcom Inc | AVGO | Call | $109.2M | 289K |
| Palantir Technologies Inc | PLTR | Shares | $107.9M | 925K |
| Alphabet Inc | GOOGL | Call | $106.2M | 297K |
| Ishares Bitcoin Trust Etf | IBIT | Put | $100.5M | 3.0M |
| Berkshire Hathaway Inc Del | BRK/B | Shares | $98.8M | 197K |
| Alphabet Inc | GOOG | Shares | $96.1M | 272K |
| Warner Bros Discovery Inc | WBD | Shares | $90.8M | 3.4M |
| Johnson & Johnson | JNJ | Put | $90.1M | 355K |
| Caterpillar Inc | CAT | Put | $89.8M | 84K |
| Oracle Corp | ORCL | Put | $87.8M | 599K |
| Palantir Technologies Inc | PLTR | Put | $86.6M | 742K |
| Cloudflare Inc | NET 0 08/15/26 | Principal | $86.2M | 67.0M |
| Chefs Whse Inc | CHEF 2.375 12/15/28 | Principal | $79.8M | 35.6M |
| Cisco Sys Inc | CSCO | Put | $77.4M | 659K |
| Chart Inds Inc | I3N | Shares | $77.3M | 370K |
| Palo Alto Networks Inc | PANW | Put | $76.7M | 225K |
| Bank Of Amer Corp | BAC | Put | $76.5M | 1.3M |
| Goldman Sachs Group Inc | GS | Put | $76.2M | 75K |
| State Str Spdr S&P 500 Etf T | SPY | Shares | $75.7M | 101K |
| Alibaba Group Hldg Ltd | BABA | Shares | $74.2M | 773K |
| Webster Finl Corp | WBS | Shares | $71.5M | 935K |
| Live Nation Entertainment In | LYV 3.125 01/15/29 | Principal | $71.4M | 40.0M |
| Visa Inc | V | Put | $70.0M | 204K |
| Walmart Inc | WMT | Put | $69.7M | 615K |
| Ishares Tr | FXI | Shares | $69.5M | 2.2M |
| Alibaba Group Hldg Ltd | BABA | Put | $69.1M | 720K |
| Kenvue Inc | KVUE | Shares | $68.8M | 3.6M |
| Mirum Pharmaceuticals Inc | MIRM 4 05/01/29 | Principal | $68.3M | 18.4M |
| Ge Vernova Inc | GEV | Put | $67.7M | 58K |
| Citigroup Inc | C | Put | $66.8M | 477K |
| Akamai Technologies Inc | AKAM 0.25 05/15/33 | Principal | $65.7M | 45.0M |
| Procter & Gamble Co | PG | Put | $65.7M | 448K |
| Chevron Corporation | CVX | Put | $65.2M | 393K |
| Marvell Technology Inc | MRVL | Put | $64.8M | 218K |
| Xeris Biopharma Holdings Inc | XERS 8 07/15/28 | Principal | $62.6M | 23.1M |
| Select Sector Spdr Tr | XLE | Shares | $61.9M | 1.2M |
Values as reported in public regulatory filings (USD); holdings are reported quarterly, up to 45 days after quarter end, and may contain reporting errors. Nothing here is investment advice.