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Asset Manager ← All Institutions

CAPITAL FUND MANAGEMENT S.A.

Q4 2025 · Filed 2026-02-17
Market Value
$10.5B
+5.5%
Holdings
987
-16
New Purchases
204
Added To
323
Closed
168
Reduced
290
Top 10 Concentration
15.6%
Turnover
37.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TSM 2.04% 0.44% +1.60% $215M
BKNG 1.11% 0.00% +1.11% $117M
BAC 0.99% 0.09% +0.89% $104M
AMD 0.98% 0.13% +0.85% $103M
NOW 0.76% 0.00% +0.76% $80M
GEV 0.94% 0.29% +0.65% $99M
RTX 0.83% 0.20% +0.64% $88M
XLV 0.77% 0.19% +0.57% $81M
SPY 0.56% 0.00% +0.56% $59M
BSX 1.04% 0.53% +0.52% $110M
PM 0.99% 0.48% +0.51% $104M
META 0.49% 0.00% +0.49% $52M
FXI 0.44% 0.00% +0.44% $46M
ARM 0.47% 0.06% +0.42% $50M
ETN 0.37% 0.00% +0.37% $39M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 0.00% 1.53% -1.53% $0
QCOM 0.21% 1.00% -0.78% $22M
ACN 0.07% 0.77% -0.70% $7M
AAPL 2.20% 2.89% -0.69% $231M
ISRG 0.40% 1.02% -0.62% $42M
GDX 0.00% 0.59% -0.59% $0
TSLA 2.31% 2.84% -0.52% $243M
ADBE 0.54% 1.03% -0.49% $57M
MCD 0.51% 0.99% -0.48% $54M
COIN 0.09% 0.54% -0.45% $10M
XOM 0.48% 0.92% -0.44% $51M
NVDA 2.57% 2.98% -0.41% $271M
ABBV 0.05% 0.45% -0.40% $5M
MRK 0.05% 0.45% -0.40% $5M
JPM 0.84% 1.23% -0.39% $89M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 50 $2.9B 27.3%
Large Cap 442 $5.7B 54.4%
Mid Cap 380 $1.7B 15.7%
Small Cap 110 $270M 2.6%
Micro Cap 5 $970K 0.0%

Portfolio Analytics

Avg Market Cap
$69.9B
Median Market Cap
$9.9B
Avg P/E
32.4
Median P/E
21.0
Avg Dividend Yield
0.02%
Avg Beta
1.14
# Stocks
956
# ETFs / Funds
31

Top Holdings (987 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 2.57% 1,451,529 $271M $186.50 -$26M -140,661 -8.8%
2 TSLA 2.31% 541,058 $243M $449.72 -$40M -95,263 -15.0%
3 AAPL 2.20% 850,925 $231M $271.86 -$57M -281,784 -24.9%
4 TSM 2.04% 706,378 $215M $303.89 $170M +548,197 +346.6%
5 CVX 1.20% 829,197 $126M $152.41 -$23M -129,673 -13.5%
6 GE 1.18% 404,637 $125M $308.03 $4M +4,769 +1.2%
7 BKNG 1.11% 21,795 $117M $5,355.33 +21,795 NEW
8 BSX 1.04% 1,152,048 $110M $95.35 $57M +612,642 +113.6%
9 PM 0.99% 649,846 $104M $160.40 $56M +352,143 +118.3%
10 BAC 0.99% 1,887,992 $104M $55.00 $94M +1,705,612 +935.2%
11 AMD 0.98% 480,397 $103M $214.16 $90M +399,397 +493.1%
12 AMZN 0.95% 431,796 $100M $230.82 $1M -16,999 -3.8%
13 GEV 0.94% 151,843 $99M $653.57 $70M +104,069 +217.8%
14 MO 0.94% 1,706,598 $98M $57.66 -$12M +40,251 +2.4%
15 ABNB 0.87% 675,585 $92M $135.72 $19M +75,043 +12.5%
16 JPM 0.84% 275,198 $89M $322.22 -$34M -114,158 -29.3%
17 RTX 0.83% 478,636 $88M $183.40 $68M +361,802 +309.7%
18 MU 0.82% 300,781 $86M $285.41 -$10M -269,995 -47.3%
19 HON 0.81% 438,151 $85M $195.09 $41M +225,085 +105.6%
20 NFLX 0.81% 906,340 $85M $93.76 -$32M +808,671 +828.0%
21 BRK-B 0.78% 163,063 $82M $502.65 -$5M -10,333 -6.0%
22 XLV 0.77% 520,868 $81M $154.80 $62M +383,700 +279.7%
23 NOW 0.76% 523,014 $80M $153.19 +523,014 NEW
24 SE 0.73% 602,896 $77M $127.57 $16M +263,008 +77.4%
25 CRM 0.67% 267,452 $71M $264.91 $26M +80,212 +42.8%
26 C 0.64% 575,516 $67M $116.69 -$12M -206,333 -26.4%
27 MELI 0.61% 31,931 $64M $2,014.26 $30M +17,210 +116.9%
28 BX 0.60% 411,941 $63M $154.14 $37M +258,742 +168.9%
29 ALB 0.59% 440,151 $62M $141.44 $35M +98,353 +28.8%
30 DE 0.58% 132,014 $61M $465.57 $38M +79,905 +153.3%
31 ZTS 0.58% 481,833 $61M $125.82 -$6M +25,063 +5.5%
32 SPY 0.56% 86,500 $59M $681.92 +86,500 NEW
33 BMY 0.55% 1,081,266 $58M $53.94 $8M -27,191 -2.5%
34 SPOT 0.55% 98,850 $57M $580.71 $20M +44,789 +82.8%
35 ADBE 0.54% 162,242 $57M $349.99 -$46M -129,822 -44.5%
36 LRCX 0.53% 328,638 $56M $171.18 -$8M -149,170 -31.2%
37 SCHW 0.52% 545,303 $54M $99.91 -$21M -244,573 -31.0%
38 MCD 0.51% 175,296 $54M $305.63 -$45M -148,389 -45.8%
39 META 0.49% 78,529 $52M $660.09 +78,529 NEW
40 XOM 0.48% 420,686 $51M $120.34 -$41M -389,942 -48.1%
41 ARM 0.47% 454,683 $50M $109.31 $44M +414,383 +1028.2%
42 AEM 0.47% 291,105 $49M $169.53 $14M +78,571 +37.0%
43 AIG 0.46% 569,791 $49M $85.55 -$7M -142,442 -20.0%
44 GDDY 0.46% 386,937 $48M $124.08 -$3M +14,974 +4.0%
45 BTI 0.45% 839,427 $48M $56.62 $14M +216,140 +34.7%
46 FI 0.44% 695,098 $47M $67.17 -$4M +302,785 +77.2%
47 FXI 0.44% 1,198,231 $46M $38.29 +1,198,231 NEW
48 CTAS 0.43% 237,811 $45M $188.07 $30M +168,427 +242.8%
49 TEAM 0.42% 274,141 $44M $162.14 $24M +145,494 +113.1%
50 WFC 0.42% 476,651 $44M $93.20 $17M +147,385 +44.8%
51 SYK 0.40% 119,584 $42M $351.47 $13M +40,674 +51.5%
52 ISRG 0.40% 73,451 $42M $566.36 -$60M -153,084 -67.6%
53 ICE 0.39% 251,351 $41M $161.96 -$896K +4,410 +1.8%
54 RKT 0.38% 2,078,605 $40M $19.36 $38M +1,942,585 +1428.2%
55 XLF 0.38% 729,790 $40M $54.77 -$20M -385,803 -34.6%
56 PYPL 0.38% 681,409 $40M $58.38 $7M +185,277 +37.3%
57 WDC 0.37% 227,097 $39M $172.27 $12M +946 +0.4%
58 PGR 0.37% 171,250 $39M $227.72 -$14M -44,895 -20.8%
59 DVN 0.37% 1,057,596 $39M $36.63 $15M +378,277 +55.7%
60 SNAP 0.37% 4,790,015 $39M $8.07 $7M +648,545 +15.7%
61 ETN 0.37% 121,186 $39M $318.51 +121,186 NEW
62 OTIS 0.37% 440,248 $38M $87.35 $12M +145,527 +49.4%
63 MMM 0.36% 237,468 $38M $160.10 $12M +69,235 +41.1%
64 AEP 0.36% 328,211 $38M $115.31 $35K -7,886 -2.4%
65 HUBS 0.35% 91,580 $37M $401.30 $7M +28,515 +45.2%
66 ALK 0.35% 727,847 $37M $50.30 $19M +367,611 +102.0%
67 MP 0.34% 714,530 $36M $50.52 $10M +325,286 +83.6%
68 KRE 0.34% 550,905 $36M $64.81 +550,905 NEW
69 TWLO 0.34% 249,600 $36M $142.24 $4M -68,256 -21.5%
70 ED 0.34% 356,823 $35M $99.32 $15M +149,105 +71.8%
71 XLU 0.33% 815,245 $35M $42.69 $14M +574,784 +239.0%
72 TTD 0.33% 910,550 $35M $37.96 +910,550 NEW
73 VRSK 0.33% 154,285 $35M $223.69 $16M +80,436 +108.9%
74 ROP 0.32% 76,690 $34M $445.13 $6M +20,742 +37.1%
75 ANF 0.32% 270,658 $34M $125.87 $10M -9,611 -3.4%
76 TGT 0.32% 342,030 $33M $97.75 $18M +173,656 +103.1%
77 HUM 0.31% 127,996 $33M $256.13 $12M +46,721 +57.5%
78 RKLB 0.31% 466,223 $33M $69.76 +466,223 NEW
79 CAT 0.31% 56,205 $32M $572.87 -$20M -53,558 -48.8%
80 CMG 0.29% 838,215 $31M $37.00 -$5M -72,429 -8.0%
81 IDXX 0.29% 45,221 $31M $676.53 $22M +31,715 +234.8%
82 RIO 0.29% 380,531 $30M $80.03 $7M +19,496 +5.4%
83 ON 0.28% 542,881 $29M $54.15 $24M +440,573 +430.6%
84 UPST 0.28% 671,345 $29M $43.73 $803K +109,237 +19.4%
85 ASML 0.28% 27,291 $29M $1,069.86 +27,291 NEW
86 SO 0.27% 329,431 $29M $87.20 $20M +239,977 +268.3%
87 EXEL 0.27% 654,892 $29M $43.83 $7M +126,389 +23.9%
88 GLW 0.27% 323,344 $28M $87.56 $4M +32,456 +11.2%
89 MRNA 0.26% 937,080 $28M $29.49 -$3M -238,685 -20.3%
90 COHR 0.26% 148,503 $27M $184.57 $24M +121,385 +447.6%
91 MA 0.26% 47,901 $27M $570.88 $21M +37,328 +353.1%
92 VLO 0.26% 167,456 $27M $162.79 $4M +33,289 +24.8%
93 ONON 0.26% 583,259 $27M $46.48 +583,259 NEW
94 CRCL 0.26% 340,900 $27M $79.30 -$29M -84,513 -19.9%
95 SMR 0.26% 1,897,735 $27M $14.17 $22M +1,761,804 +1296.1%
96 TDG 0.26% 20,189 $27M $1,329.85 +20,189 NEW
97 MET 0.25% 339,198 $27M $78.94 $2M +38,868 +12.9%
98 TEL 0.25% 117,336 $27M $227.51 +117,336 NEW
99 FDS 0.25% 91,079 $26M $290.19 $15M +51,581 +130.6%
100 ROKU 0.25% 243,047 $26M $108.49 -$19M -209,184 -46.3%

Options Breakdown

891 Calls $12.4B Call Value 820 Puts $13.0B Put Value 1.05 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 457,600 $312M
AAPL 832,000 $226M
TSLA 434,100 $195M
PLTR 1,035,700 $184M
MU 546,300 $156M
UNH 464,000 $153M
BRK-B 292,100 $147M
COST 142,900 $123M
GOOGL 367,400 $115M
TSM 375,900 $114M

Top Puts

SymbolSharesValueStatus
SPY 560,300 $382M
MU 1,157,800 $330M
AAPL 1,033,700 $281M
TSLA 494,800 $223M
PLTR 1,150,500 $205M
TSM 590,800 $180M
JPM 502,800 $162M
NVDA 839,700 $157M
BRK-B 311,100 $156M
LLY 141,100 $152M

New Positions

SymbolValue% Port
BKNG $117M 1.11%
NOW $80M 0.76%
SPY $59M 0.56%
META $52M 0.49%
FXI $46M 0.44%
ETN $39M 0.37%
KRE $36M 0.34%
TTD $35M 0.33%
RKLB $33M 0.31%
ASML $29M 0.28%
ONON $27M 0.26%
TDG $27M 0.26%
TEL $27M 0.25%
LNG $26M 0.25%
FCX $25M 0.24%

Sold Out Positions

SymbolValue% Port
EXPD —%
CB —%
RH —%
JHG —%
PB —%
BKH —%
HR —%
BEN —%
PSX —%
TRGP —%
RNG —%
QSR —%
AM —%
AEO —%
BRO —%
View SEC EDGAR Filings for CAPITAL FUND MANAGEMENT S.A. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms