13F Filings/CAPSTONE INVESTMENT ADVISORS, LLC

CAPSTONE INVESTMENT ADVISORS, LLC

Hedge FundCIK0001426196LocationNEW YORK, NY 10007, United States

Long U.S. equity positions disclosed to the SEC on Form 13F-HR.

Latest filingQ2 2026Quarter ended30 Jun 2026Filed17 Aug 2026
Firm profile · Form ADV
SEC adviser registration
CRD
155563 · 801-73004
Portfolio Turnover
29%
Of book traded, QoQ
Positions
1,641
Long U.S. equities
Top 10 Concentration
47%
Of reported value
QoQ Change
$-3.4B
Value change
Assets under management
Form ADV RAUM · client mix · 13F over time
Regulatory AUM
$91.5B
Form ADV, as of Apr 2026
● 100% discretionary ($91.5B)
By client type
Pooled investment vehicles: $91.4B (99.8%) · 29 clients
Pooled investment vehicles
$91.4B · 100%
Banking/thrift institutions: $140M (0.2%) · 2 clients
13F AUM over time
$54.0B
Q2 ’26 · 13F AUM
▲ 1549%
42 quarters
Reported Holdings
Q2 2026 · upgrade to Pro for past quarters
↗
★ Position spotlightMSFTMICROSOFT CORP · 3.0% of bookThis highlighted stock and its 1Y chart are public
Loading position history…
Security⇅Shares⇅Market Value▼Est. Cost⇅Last Px⇅Est. Return⇅% Portfolio⇅Δ Shares⇅Action⇅
STATE STR SPDR S&P 500 ETF T
SPY
9.34MPut$7.0B—$770.19—12.9%▼ 39.2%Reduced
INVESCO QQQ TR
QQQ
7.83MPut$5.8B—$718.96—10.7%▼ 53.5%Reduced
NVIDIA CORPORATION
NVDA· Information Technology
11.29MPut$2.3B—$230.36—4.2%▲ 38.0%Added
INVESCO QQQ TR
QQQ
2.79MCall$2.1B—$718.96—3.8%▼ 83.4%Reduced
MICROSOFT CORP
MSFT· Information Technology
4.81MPut$1.8B—$499.70—3.3%▲ 40.5%Added
MICROSOFT CORP
MSFT· Information Technology
4.30MSH$1.6B~$373.02$499.70▲34.0%3.0%▲ 25.8%Added
NVIDIA CORPORATION
NVDA· Information Technology
6.87MSH$1.4B~$200.09$230.36▲15.1%2.5%▼ 16.0%Reduced
WESTERN DIGITAL CORP
80.50MPRN$1.4B———2.5%—Unchanged
APPLE INC
AAPL· Information Technology
4.19MPut$1.2B—$319.97—2.2%▲ 21.2%Added
ISHARES TR
IVV
1.56MSH$1.2B~$748.89$773.92▲3.3%2.2%▲ 0.3%Added
SPYSTATE STR SPDR S&P 500 ETF TReduced
$7.0B· 12.9%· 9.34M Put· ▼ 39.2%· last $770.19
TR UNIT · DFND
QQQINVESCO QQQ TRReduced
$5.8B· 10.7%· 7.83M Put· ▼ 53.5%· last $718.96
UNIT SER 1 · DFND
NVDANVIDIA CORPORATIONAdded
$2.3B· 4.2%· 11.29M Put· ▲ 38.0%· last $230.36
Information Technology · COM · DFND
QQQINVESCO QQQ TRReduced
$2.1B· 3.8%· 2.79M Call· ▼ 83.4%· last $718.96
UNIT SER 1 · DFND
MSFTMICROSOFT CORPAdded
$1.8B· 3.3%· 4.81M Put· ▲ 40.5%· last $499.70
Information Technology · COM · DFND
MSFTMICROSOFT CORPAdded
$1.6B· 3.0%· 4.30M SH· ▲ 25.8%· cost $373.02· last $499.70· ▲34.0%
Information Technology · COM · DFND
NVDANVIDIA CORPORATIONReduced
$1.4B· 2.5%· 6.87M SH· ▼ 16.0%· cost $200.09· last $230.36· ▲15.1%
Information Technology · COM · DFND
WESTERN DIGITAL CORPUnchanged
$1.4B· 2.5%· 80.50M PRN· —
NOTE 3.000%11/1 · DFND
AAPLAPPLE INCAdded
$1.2B· 2.2%· 4.19M Put· ▲ 21.2%· last $319.97
Information Technology · COM · DFND
IVVISHARES TRAdded
$1.2B· 2.2%· 1.56M SH· ▲ 0.3%· cost $748.89· last $773.92· ▲3.3%
CORE S&P500 ETF · DFND
1–10 of 1,641
1 / 165
Sector Breakdown
Q2 2026
Unclassified51.0% · $27.6B
Information Technology26.9% · $14.6B
Consumer Discretionary8.0% · $4.3B
Communication Services5.1% · $2.8B
Financials3.2% · $1.7B
Health Care1.6% · $870.6M
Industrials1.5% · $812.0M
Other2.6% · $1.4B
← All 13F filings