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Asset Manager ← All Institutions

CAPSTONE INVESTMENT ADVISORS, LLC

Q2 2025 · Filed 2025-08-14
Market Value
$9.6B
+11.2%
Holdings
852
+101
New Purchases
423
Added To
133
Closed
123
Reduced
145
Top 10 Concentration
74.2%
Turnover
64.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 8.14% 3.85% +4.29% $783M
NVDA 15.56% 12.34% +3.22% $1.5B
AMD 4.65% 1.75% +2.90% $447M
AZEK 1.07% 0.15% +0.92% $103M
C 0.59% 0.05% +0.53% $57M
GLD 0.51% 0.01% +0.51% $50M
FLR 0.46% 0.00% +0.46% $44M
CAT 0.49% 0.05% +0.45% $48M
K 0.70% 0.29% +0.42% $68M
FYBR 1.00% 0.62% +0.39% $96M
KNX 0.37% 0.00% +0.36% $35M
AA 0.29% 0.00% +0.29% $28M
QQQ 0.45% 0.22% +0.24% $44M
META 0.41% 0.18% +0.23% $39M
QXO 0.22% 0.00% +0.22% $22M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 9.52% 14.32% -4.80% $917M
MSFT 8.39% 10.71% -2.32% $807M
SPY 0.50% 2.69% -2.19% $48M
TSLA 14.06% 16.18% -2.13% $1.4B
GOOGL 5.05% 6.08% -1.03% $486M
GOOG 1.49% 2.35% -0.87% $143M
AVGO 0.15% 0.92% -0.77% $14M
CHX 0.00% 0.34% -0.34% $0
USMV 0.07% 0.38% -0.31% $7M
RACE 0.00% 0.28% -0.28% $0
PLYA 0.00% 0.28% -0.28% $0
BX 0.04% 0.31% -0.27% $4M
PLTR 0.08% 0.34% -0.25% $8M
MTZ 0.01% 0.26% -0.25% $748K
LEN 0.01% 0.25% -0.24% $1M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 66 $7.7B 79.7%
Large Cap 437 $1.2B 12.0%
Mid Cap 257 $714M 7.4%
Small Cap 71 $72M 0.7%
Micro Cap 21 $11M 0.1%

Portfolio Analytics

Avg Market Cap
$96.5B
Median Market Cap
$16.0B
Avg P/E
35.1
Median P/E
23.5
Avg Dividend Yield
0.02%
Avg Beta
1.09
# Stocks
788
# ETFs / Funds
64

Top Holdings (852 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 15.56% 9,480,906 $1.5B $157.99 $429M -378,417 -3.8%
2 TSLA 14.06% 4,258,902 $1.4B $317.66 -$48M -1,146,352 -21.2%
3 AMZN 9.52% 4,178,107 $917M $219.39 -$323M -2,337,088 -35.9%
4 MSFT 8.39% 1,623,182 $807M $497.41 -$120M -846,004 -34.3%
5 AAPL 8.14% 3,817,310 $783M $205.17 $450M +2,317,576 +154.5%
6 IVV 6.19% 959,240 $596M $620.90 $58M +3,049 +0.3%
7 GOOGL 5.05% 2,758,170 $486M $176.23 -$40M -644,393 -18.9%
8 AMD 4.65% 3,151,229 $447M $141.90 $296M +1,679,606 +114.1%
9 GOOG 1.49% 806,535 $143M $177.39 -$61M -497,232 -38.1%
10 VOO 1.20% 202,774 $115M $568.03 $9M -3,013 -1.5%
11 AZEK 1.07% 1,900,000 $103M $54.35 $90M +1,636,000 +619.7%
12 FYBR 1.00% 2,650,000 $96M $36.40 $43M +1,165,000 +78.5%
13 K 0.70% 850,646 $68M $79.53 $43M +550,646 +183.6%
14 C 0.59% 664,205 $57M $85.12 $52M +599,866 +932.4%
15 GLD 0.51% 162,401 $50M $304.83 $49M +159,678 +5864.1%
16 SPY 0.50% 77,866 $48M $617.85 -$185M -338,456 -81.3%
17 CAT 0.49% 122,577 $48M $388.21 $43M +109,700 +851.9%
18 GXO 0.49% 963,125 $47M $48.70 $20M +268,278 +38.6%
19 FLR 0.46% 855,770 $44M $51.27 +855,770 NEW
20 QQQ 0.45% 79,371 $44M $551.64 $25M +39,227 +97.7%
21 IWM 0.41% 182,789 $39M $215.79 $169K -14,089 -7.2%
22 META 0.41% 53,203 $39M $738.09 $24M +26,576 +99.8%
23 SLB 0.37% 1,066,263 $36M $33.80 $16M +596,283 +126.9%
24 KNX 0.37% 797,987 $35M $44.23 $35M +793,371 +17187.4%
25 TS 0.36% 921,547 $34M $37.40 $13M +370,667 +67.3%
26 XLF 0.34% 628,155 $33M $52.37 -$7M -168,930 -21.2%
27 AA 0.29% 959,409 $28M $29.51 +959,409 NEW
28 IPG 0.28% 1,100,000 $27M $24.48 $9M +450,000 +69.2%
29 KEX 0.23% 198,471 $23M $113.41 -$6M -80,171 -28.8%
30 DY 0.23% 89,898 $22M $244.39 $6M -12,300 -12.0%
31 QXO 0.22% 1,000,000 $22M $21.54 +1,000,000 NEW
32 R 0.21% 127,004 $20M $159.00 $7M +37,760 +42.3%
33 HYG 0.21% 249,201 $20M $80.65 $11M +138,100 +124.3%
34 COF 0.20% 92,098 $20M $212.76 $17M +78,124 +559.1%
35 SCHW 0.20% 214,470 $20M $91.24 -$5M -98,415 -31.4%
36 SPR 0.20% 512,434 $20M $38.15 $14M +362,434 +241.6%
37 CSTM 0.20% 1,413,555 $19M $13.30 $9M +485,519 +52.3%
38 SJNK 0.19% 732,801 $19M $25.48 $8M +320,100 +77.6%
39 COST 0.19% 18,793 $19M $989.94 $5M +4,766 +34.0%
40 AJG 0.19% 57,174 $18M $320.12 +57,174 NEW
41 EEM 0.19% 377,444 $18M $48.24 -$17M -427,745 -53.1%
42 CRM 0.19% 65,695 $18M $272.69 $515K +858 +1.3%
43 IGIB 0.19% 334,801 $18M $53.29 $14M +259,200 +342.9%
44 KRE 0.18% 295,869 $18M $59.39 -$13M -242,323 -45.0%
45 UNH 0.18% 55,949 $17M $311.97 $10M +42,195 +306.8%
46 CME 0.17% 60,000 $17M $275.62 $620K
47 GS 0.17% 23,259 $16M $707.75 $14M +19,540 +525.4%
48 FL 0.17% 650,000 $16M $24.50 +650,000 NEW
49 SKX 0.16% 250,000 $16M $63.10 +250,000 NEW
50 WFC 0.16% 187,210 $15M $80.12 $12M +141,626 +310.7%
51 TMUS 0.15% 62,307 $15M $238.26 +62,307 NEW
52 AVGO 0.15% 51,570 $14M $275.65 -$65M -423,842 -89.2%
53 MA 0.14% 24,256 $14M $561.94 $7M +12,222 +101.6%
54 DIS 0.14% 108,227 $13M $124.01 -$5M -75,741 -41.2%
55 CC 0.14% 1,141,208 $13M $11.45 $1M +270,818 +31.1%
56 WFRD 0.13% 254,226 $13M $50.31 $3M +74,226 +41.2%
57 JPM 0.13% 43,701 $13M $289.91 -$12M -55,308 -55.9%
58 MNST 0.12% 190,865 $12M $62.64 $10M +156,178 +450.2%
59 EFA 0.12% 126,517 $11M $89.39 $11M +121,177 +2269.2%
60 COOP 0.12% 75,000 $11M $149.21 +75,000 NEW
61 JNK 0.12% 114,801 $11M $97.27 $2M +21,400 +22.9%
62 CWB 0.11% 130,801 $11M $82.66 +130,801 NEW
63 HD 0.11% 29,175 $11M $366.64 -$3M -7,207 -19.8%
64 RDDT 0.11% 70,786 $11M $150.57 -$9M -120,200 -62.9%
65 CELH 0.11% 227,805 $11M $46.39 +227,805 NEW
66 INTC 0.11% 469,938 $11M $22.40 $1M +58,132 +14.1%
67 NVO 0.11% 150,000 $10M $69.02 +150,000 NEW
68 FOX 0.11% 200,000 $10M $51.63 +200,000 NEW
69 UAL 0.11% 127,452 $10M $79.63 $7M +79,616 +166.4%
70 SHYG 0.10% 234,101 $10M $43.14 $2M +36,000 +18.2%
71 PM 0.10% 54,998 $10M $182.13 -$6M -48,503 -46.9%
72 ACN 0.10% 32,963 $10M $298.89 $2M +6,903 +26.5%
73 LLY 0.10% 12,385 $10M $779.53 -$436K +167 +1.4%
74 ADBE 0.10% 24,944 $10M $386.88 -$6M -16,389 -39.6%
75 FICO 0.10% 5,221 $10M $1,827.96 +5,221 NEW
76 NFLX 0.10% 6,982 $9M $1,339.13 $8M +5,238 +300.3%
77 BRK-B 0.10% 19,139 $9M $485.77 $9M +18,727 +4545.4%
78 EL 0.10% 114,232 $9M $80.80 $6M +61,787 +117.8%
79 UPS 0.10% 90,750 $9M $100.94 $219K +9,461 +11.6%
80 NDAQ 0.09% 100,000 $9M $89.42 $9M +95,297 +2026.3%
81 DAL 0.09% 175,282 $9M $49.18 $7M +127,992 +270.6%
82 SNOW 0.09% 38,470 $9M $223.77 $6M +23,933 +164.6%
83 MRK 0.09% 107,490 $9M $79.16 -$2M -7,336 -6.4%
84 FLS 0.09% 159,939 $8M $52.35 -$7M -150,376 -48.5%
85 BAC 0.09% 174,106 $8M $47.32 -$2M -82,635 -32.2%
86 TJX 0.09% 66,341 $8M $123.49 $6M +49,900 +303.5%
87 UBER 0.08% 87,421 $8M $93.30 $7M +66,329 +314.5%
88 WMT 0.08% 83,316 $8M $97.78 -$20M -237,192 -74.0%
89 PLTR 0.08% 59,738 $8M $136.32 -$21M -287,452 -82.8%
90 MRVL 0.08% 104,410 $8M $77.40 $2K -26,816 -20.4%
91 SBUX 0.08% 86,576 $8M $91.63 -$8M -74,033 -46.1%
92 LQD 0.08% 72,219 $8M $109.61 $5M +42,618 +144.0%
93 V 0.08% 21,106 $7M $355.05 +21,106 NEW
94 TMO 0.08% 18,165 $7M $405.46 $2M +7,848 +76.1%
95 COIN 0.08% 20,960 $7M $350.49 $3M -4,040 -16.2%
96 ABBV 0.08% 39,392 $7M $185.62 $6M +34,335 +679.0%
97 ASA 0.07% 227,782 $7M $31.57 $326K
98 NBXG 0.07% 477,748 $7M $14.60 $1M
99 GDV 0.07% 262,242 $7M $26.01 $493K
100 AXP 0.07% 21,323 $7M $318.98 $4M +10,141 +90.7%

Options Breakdown

366 Calls $2.9B Call Value 437 Puts $25.8B Put Value 8.98 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 1,200,000 $741M
NVDA 1,569,700 $248M
QQQ 391,300 $216M
TSLA 657,800 $209M
GLD 443,300 $135M
EEM 2,141,800 $103M
MSFT 183,800 $91M
GDX 1,460,000 $76M
AAPL 336,000 $69M
META 59,000 $44M

Top Puts

SymbolSharesValueStatus
SPY 18,648,000 $11.5B
NVDA 12,790,200 $2.0B
TSLA 5,326,100 $1.7B
MSFT 2,245,900 $1.1B
AMZN 5,033,200 $1.1B
AAPL 4,935,400 $1.0B
QQQ 1,664,800 $918M
IWM 3,024,000 $653M
GOOGL 3,277,700 $578M
AMD 3,373,400 $479M

New Positions

SymbolValue% Port
FLR $44M 0.46%
AA $28M 0.29%
QXO $22M 0.22%
AJG $18M 0.19%
FL $16M 0.17%
SKX $16M 0.16%
TMUS $15M 0.15%
COOP $11M 0.12%
CWB $11M 0.11%
CELH $11M 0.11%
NVO $10M 0.11%
FOX $10M 0.11%
FICO $10M 0.10%
V $7M 0.08%
ALK $7M 0.07%

Sold Out Positions

SymbolValue% Port
ABT —%
UAMY —%
CVS —%
GWRE —%
AIG —%
FMC —%
CPRI —%
BBT —%
BRO —%
MGM —%
BMEZ —%
KEY —%
MTH —%
TEL —%
VAL —%
View SEC EDGAR Filings for CAPSTONE INVESTMENT ADVISORS, LLC →

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