CAPSTONE INVESTMENT ADVISORS, LLC
Institutional investor · Portfolio as of Q1 2026
Top Holdings1,558 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 15.4M | $10B | 17.4% | — | — | — | Decreased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 16.9M | $9.7B | 16.9% | — | — | — | Increased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 9.8M | $5.6B | 9.8% | — | — | — | Increased — |
AMAZON.COM INC | 7.2M | $1.5B | 2.6% | — | — | — | Increased — |
NVIDIA CORP | 8.2M | $1.4B | 2.5% | — | — | — | Decreased — |
MICROSOFT CORP | 3.4M | $1.3B | 2.2% | — | — | — | Increased — |
AMAZON.COM INC | 5.8M | $1.2B | 2.1% | $212.36 | +25.46% | 30 qtrssince 2018-Q4 | Increased 88 |
MICROSOFT CORP | 2.8M | $1B | 1.8% | $414.35 | +23.94% | 30 qtrssince 2018-Q4 | Increased 81 |
ISHARES CORE S&P 500 ETF | 1.6M | $1B | 1.8% | $624.24 | +23.83% | 9 qtrssince 2024-Q1 | Decreased 0 |
APPLE INC | 3.5M | $877.3M | 1.5% | — | — | — | Increased — |
TESLA INC | 2.2M | $807M | 1.4% | — | — | — | Increased — |
| 74.3M | $752.7M | 1.3% | — | — | — | Increased 64 | |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.1M | $737.4M | 1.3% | — | — | — | Increased — |
NVIDIA CORP | 4M | $700.3M | 1.2% | $133.46 | +63.00% | 12 qtrssince 2023-Q2 | Decreased 0 |
| 80.5M | $576.5M | 1.0% | — | — | — | Increased 65 | |
ISHARES IBOXX INVESTMENT GRA | 5.1M | $556.8M | 1.0% | — | — | — | Increased — |
TESLA INC | 1.5M | $540.6M | 0.9% | $310.71 | +12.24% | 23 qtrssince 2020-Q3 | Increased 63 |
ALPHABET INC-CL C | 1.8M | $530.4M | 0.9% | — | — | — | Decreased — |
VANGUARD S&P 500 ETF | 855,335 | $511.1M | 0.9% | $595.65 | +18.74% | 7 qtrssince 2024-Q3 | Increased 46 |
ALPHABET INC-CL A | 1.7M | $489.8M | 0.9% | — | — | — | Decreased — |
CAPSTONE INVESTMENT ADVISORS, LLC manages $57.4B across 1558 positions as of Q1 2026. Top holdings: SPY (17.4%), QQQ (16.9%), QQQ (9.8%). Fund DNA: Momentum Trader. HoldingsIntel Score: 1/5.0.
Active quarter - 327 new positions, 279 exits, 272 increased. Top move: AMZN (INCREASED, conviction 88). Portfolio: $57.4B across 1558 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR