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Asset Manager ← All Institutions

CAPSTONE INVESTMENT ADVISORS, LLC

Q3 2025 · Filed 2025-11-14
Market Value
$9.3B
-3.1%
Holdings
1,185
+333
New Purchases
456
Added To
267
Closed
198
Reduced
236
Top 10 Concentration
69.1%
Turnover
55.2%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 11.89% 8.39% +3.50% $1.1B
VOO 4.03% 1.20% +2.84% $376M
AMZN 11.17% 9.52% +1.64% $1.0B
META 1.87% 0.41% +1.46% $174M
SPY 1.60% 0.50% +1.10% $149M
CORZ 0.85% 0.03% +0.83% $80M
FOX 0.93% 0.11% +0.82% $87M
IVV 6.91% 6.19% +0.72% $644M
XLF 0.90% 0.34% +0.55% $84M
CYBR 0.52% 0.01% +0.50% $48M
VRNA 0.43% 0.00% +0.43% $40M
WMT 0.49% 0.08% +0.41% $46M
FCX 0.38% 0.00% +0.38% $35M
COOP 0.48% 0.12% +0.36% $45M
FLS 0.44% 0.09% +0.35% $41M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 2.66% 8.14% -5.48% $248M
TSLA 9.15% 14.06% -4.91% $853M
NVDA 13.41% 15.56% -2.15% $1.3B
GOOGL 3.34% 5.05% -1.71% $312M
AZEK 0.00% 1.07% -1.07% $0
GOOG 0.64% 1.49% -0.84% $60M
FYBR 0.34% 1.00% -0.66% $32M
CAT 0.00% 0.49% -0.49% $335K
GLD 0.04% 0.51% -0.47% $4M
K 0.25% 0.70% -0.46% $23M
TS 0.00% 0.36% -0.36% $0
KNX 0.01% 0.37% -0.36% $973K
FLR 0.11% 0.46% -0.35% $10M
QQQ 0.12% 0.45% -0.33% $11M
SLB 0.05% 0.37% -0.33% $4M

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 64 $7.1B 75.7%
Large Cap 533 $1.4B 14.9%
Mid Cap 429 $755M 8.1%
Small Cap 146 $110M 1.2%
Micro Cap 13 $12M 0.1%

Portfolio Analytics

Avg Market Cap
$71.7B
Median Market Cap
$10.4B
Avg P/E
34.2
Median P/E
22.7
Avg Dividend Yield
0.02%
Avg Beta
1.06
# Stocks
1,119
# ETFs / Funds
66

Top Holdings (1,185 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 13.41% 6,701,468 $1.3B $186.58 -$248M -2,779,438 -29.3%
2 MSFT 11.89% 2,141,021 $1.1B $517.95 $302M +517,839 +31.9%
3 AMZN 11.17% 4,741,800 $1.0B $219.57 $125M +563,693 +13.5%
4 TSLA 9.15% 1,917,393 $853M $444.72 -$500M -2,341,509 -55.0%
5 IVV 6.91% 962,339 $644M $669.30 $49M +3,099 +0.3%
6 AMD 4.66% 2,683,559 $434M $161.79 -$13M -467,670 -14.8%
7 VOO 4.03% 614,021 $376M $612.38 $261M +411,247 +202.8%
8 GOOGL 3.34% 1,281,781 $312M $243.10 -$174M -1,476,389 -53.5%
9 AAPL 2.66% 974,127 $248M $254.63 -$535M -2,843,183 -74.5%
10 META 1.87% 236,807 $174M $734.38 $135M +183,604 +345.1%
11 SPY 1.60% 224,202 $149M $666.18 $101M +146,336 +187.9%
12 FOX 0.93% 1,515,956 $87M $57.29 $77M +1,315,956 +658.0%
13 XLF 0.90% 1,550,644 $84M $53.87 $51M +922,489 +146.9%
14 CORZ 0.85% 4,435,000 $80M $17.94 $77M +4,290,900 +2977.7%
15 GOOG 0.64% 246,105 $60M $243.55 -$83M -560,430 -69.5%
16 C 0.62% 570,723 $58M $101.50 $1M -93,482 -14.1%
17 GXO 0.54% 944,109 $50M $52.89 $3M -19,016 -2.0%
18 CYBR 0.52% 100,000 $48M $483.15 $47M +96,800 +3025.0%
19 WMT 0.49% 445,469 $46M $103.06 $38M +362,153 +434.7%
20 COOP 0.48% 212,000 $45M $210.79 $33M +137,000 +182.7%
21 FLS 0.44% 772,398 $41M $53.14 $33M +612,459 +382.9%
22 VRNA 0.43% 375,000 $40M $106.71 +375,000 NEW
23 FCX 0.38% 894,390 $35M $39.22 +894,390 NEW
24 KEX 0.36% 400,545 $33M $83.45 $11M +202,074 +101.8%
25 UBER 0.35% 332,644 $33M $97.97 $24M +245,223 +280.5%
26 IWM 0.35% 134,329 $33M $241.96 -$7M -48,460 -26.5%
27 FYBR 0.34% 850,000 $32M $37.35 -$65M -1,800,000 -67.9%
28 KBR 0.33% 651,672 $31M $47.29 +651,672 NEW
29 R 0.32% 156,025 $29M $188.64 $9M +29,021 +22.9%
30 CSCO 0.32% 429,431 $29M $68.42 $29M +419,118 +4064.0%
31 BRK-B 0.29% 53,043 $27M $502.74 $17M +33,904 +177.2%
32 GTLS 0.26% 120,000 $24M $200.15 +120,000 NEW
33 K 0.25% 279,320 $23M $82.02 -$45M -571,326 -67.2%
34 ORCL 0.23% 74,833 $21M $281.24 +74,833 NEW
35 NSC 0.23% 70,000 $21M $300.41 $20M +66,711 +2028.3%
36 EEM 0.22% 377,444 $20M $53.40 $2M
37 LQD 0.21% 177,936 $20M $111.47 $12M +105,717 +146.4%
38 LULU 0.21% 109,137 $19M $177.93 $15M +89,822 +465.0%
39 CSTM 0.20% 1,261,854 $19M $14.88 -$24K -151,701 -10.7%
40 CRM 0.20% 79,035 $19M $237.00 $817K +13,340 +20.3%
41 SPR 0.19% 462,434 $18M $38.60 -$2M -50,000 -9.8%
42 COF 0.19% 83,698 $18M $212.58 -$2M -8,400 -9.1%
43 HYG 0.19% 217,401 $18M $81.19 -$2M -31,800 -12.8%
44 WFRD 0.18% 250,257 $17M $68.43 $4M -3,969 -1.6%
45 LLY 0.18% 22,288 $17M $763.00 $7M +9,903 +80.0%
46 INTU 0.18% 24,720 $17M $682.91 $11M +16,931 +217.4%
47 CME 0.18% 61,735 $17M $270.19 $143K +1,735 +2.9%
48 J 0.18% 109,502 $16M $149.86 +109,502 NEW
49 LBRDK 0.17% 254,300 $16M $63.54 +254,300 NEW
50 SJNK 0.17% 624,501 $16M $25.60 -$3M -108,300 -14.8%
51 NFLX 0.16% 12,654 $15M $1,198.92 $6M +5,672 +81.2%
52 IGIB 0.16% 273,601 $15M $54.09 -$3M -61,200 -18.3%
53 BMY 0.16% 326,534 $15M $45.10 $11M +252,646 +341.9%
54 MRUS 0.15% 152,000 $14M $94.15 +152,000 NEW
55 TGNA 0.15% 675,000 $14M $20.33 +675,000 NEW
56 JNK 0.15% 139,201 $14M $97.99 $2M +24,400 +21.2%
57 AVGO 0.14% 40,819 $13M $329.91 -$749K -10,751 -20.9%
58 SBUX 0.14% 158,989 $13M $84.60 $6M +72,413 +83.6%
59 ACN 0.14% 51,540 $13M $246.60 $3M +18,577 +56.4%
60 MNST 0.13% 186,582 $13M $67.31 $603K -4,283 -2.2%
61 SHYG 0.13% 284,601 $12M $43.30 $2M +50,500 +21.6%
62 QQQ 0.12% 19,108 $11M $600.37 -$32M -60,263 -75.9%
63 MUB 0.12% 107,601 $11M $106.49 +107,601 NEW
64 PFF 0.12% 354,301 $11M $31.62 +354,301 NEW
65 MA 0.12% 19,549 $11M $568.81 -$3M -4,707 -19.4%
66 MRVL 0.12% 130,490 $11M $84.07 $3M +26,080 +25.0%
67 TGT 0.11% 116,777 $10M $89.70 $5M +58,495 +100.4%
68 ASA 0.11% 227,782 $10M $45.80 $3M
69 PLTR 0.11% 55,847 $10M $182.42 $2M -3,891 -6.5%
70 INSP 0.11% 136,807 $10M $74.20 $10M +132,432 +3027.0%
71 LTH 0.11% 363,101 $10M $27.60 $10M +354,101 +3934.5%
72 XLU 0.11% 114,187 $10M $87.21 +114,187 NEW
73 FLR 0.11% 234,689 $10M $42.07 -$34M -621,081 -72.6%
74 CWB 0.10% 106,801 $10M $90.50 -$1M -24,000 -18.4%
75 ZG 0.10% 127,131 $9M $74.44 +127,131 NEW
76 BAC 0.10% 177,179 $9M $51.59 $902K +3,073 +1.8%
77 NKE 0.10% 128,357 $9M $69.73 $4M +52,478 +69.2%
78 MRK 0.10% 105,878 $9M $83.93 $377K -1,612 -1.5%
79 PM 0.09% 53,487 $9M $162.20 -$1M -1,511 -2.8%
80 COST 0.09% 9,338 $9M $925.63 -$10M -9,455 -50.3%
81 ISRG 0.09% 19,315 $9M $447.23 $7M +15,895 +464.8%
82 HD 0.09% 20,918 $8M $405.19 -$2M -8,257 -28.3%
83 UNH 0.09% 23,866 $8M $345.30 -$9M -32,083 -57.3%
84 IGLB 0.09% 159,501 $8M $51.54 +159,501 NEW
85 DXCM 0.09% 119,439 $8M $67.29 $7M +103,277 +639.0%
86 CMCSA 0.09% 253,125 $8M $31.42 $6M +208,068 +461.8%
87 QCOM 0.08% 45,176 $8M $166.36 $2M +8,112 +21.9%
88 PFE 0.08% 288,848 $7M $25.48 $784K +17,565 +6.5%
89 NBXG 0.08% 477,748 $7M $15.38 $373K
90 FIVE 0.08% 47,007 $7M $154.70 $4M +20,503 +77.4%
91 EL 0.08% 82,092 $7M $88.12 -$2M -32,140 -28.1%
92 GDV 0.08% 262,242 $7M $27.13 $294K
93 SNOW 0.08% 31,127 $7M $225.55 -$2M -7,343 -19.1%
94 BABA 0.07% 39,092 $7M $178.73 $3M +8,150 +26.3%
95 SCHW 0.07% 72,727 $7M $95.47 -$13M -141,743 -66.1%
96 ADBE 0.07% 19,614 $7M $352.75 -$3M -5,330 -21.4%
97 EFA 0.07% 73,979 $7M $93.37 -$4M -52,538 -41.5%
98 WFC 0.07% 81,866 $7M $83.82 -$8M -105,344 -56.3%
99 VEEV 0.07% 22,853 $7M $297.91 $6M +20,233 +772.2%
100 LOW 0.07% 26,812 $7M $251.31 $3M +11,829 +79.0%

Options Breakdown

375 Calls $5.5B Call Value 448 Puts $36.8B Put Value 6.75 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 1,630,000 $1.1B
NVDA 3,186,100 $594M
QQQ 663,000 $398M
TSLA 849,200 $378M
AAPL 755,200 $192M
MSFT 313,700 $162M
FXI 3,893,600 $160M
META 168,300 $124M
AMZN 558,800 $123M
XOP 835,100 $110M

Top Puts

SymbolSharesValueStatus
SPY 24,162,500 $16.1B
NVDA 13,116,900 $2.4B
IWM 8,624,500 $2.1B
MSFT 3,224,000 $1.7B
TSLA 3,272,200 $1.5B
AMZN 6,230,000 $1.4B
QQQ 1,968,700 $1.2B
AAPL 3,945,800 $1.0B
GOOGL 2,466,100 $600M
AMD 3,446,000 $558M

New Positions

SymbolValue% Port
VRNA $40M 0.43%
FCX $35M 0.38%
KBR $31M 0.33%
GTLS $24M 0.26%
ORCL $21M 0.23%
J $16M 0.18%
LBRDK $16M 0.17%
MRUS $14M 0.15%
TGNA $14M 0.15%
MUB $11M 0.12%
PFF $11M 0.12%
XLU $10M 0.11%
ZG $9M 0.10%
IGLB $8M 0.09%
SAND $6M 0.07%

Sold Out Positions

SymbolValue% Port
NFG —%
DY —%
ALSN —%
OC —%
HLI —%
QXO —%
ALV —%
BEN —%
HWM —%
PJT —%
PSX —%
XPRO —%
SE —%
ZBH —%
HESM —%
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