CAPSTONE INVESTMENT ADVISORS, LLC
Institutional investor · Portfolio as of Q3 2025
Top Holdings1,889 positions
STATE STR SPDR S&P 500 ETF T | 24.2M | $16.1B | 30.0% | — | — | — | Increased — |
NVIDIA CORPORATION | 13.1M | $2.4B | 4.6% | — | — | — | Increased — |
ISHARES TR | 8.6M | $2.1B | 3.9% | — | — | — | Increased — |
MICROSOFT CORP | 3.2M | $1.7B | 3.1% | — | — | — | Increased — |
TESLA INC | 3.3M | $1.5B | 2.7% | — | — | — | Decreased — |
AMAZON COM INC | 6.2M | $1.4B | 2.5% | — | — | — | Increased — |
NVIDIA CORPORATION | 6.7M | $1.3B | 2.3% | $116.00 | +60.47% | 10 qtrssince 2023-Q2 | Decreased 0 |
INVESCO QQQ TR | 2M | $1.2B | 2.2% | — | — | — | Increased — |
MICROSOFT CORP | 2.1M | $1.1B | 2.1% | $439.50 | +16.89% | 28 qtrssince 2018-Q4 | Increased 70 |
STATE STR SPDR S&P 500 ETF T | 1.6M | $1.1B | 2.0% | — | — | — | Increased — |
AMAZON COM INC | 4.7M | $1B | 1.9% | $214.54 | +2.34% | 28 qtrssince 2018-Q4 | Increased 57 |
APPLE INC | 3.9M | $1B | 1.9% | — | — | — | Decreased — |
TESLA INC | 1.9M | $852.7M | 1.6% | $258.07 | +72.33% | 21 qtrssince 2020-Q3 | Decreased 0 |
ISHARES TR | 962,339 | $644.1M | 1.2% | $562.03 | +17.69% | 7 qtrssince 2024-Q1 | Increased 50 |
ALPHABET INC | 2.5M | $599.5M | 1.1% | — | — | — | Decreased — |
NVIDIA CORPORATION | 3.2M | $594.5M | 1.1% | — | — | — | Increased — |
ADVANCED MICRO DEVICES INC | 3.4M | $557.5M | 1.0% | — | — | — | Increased — |
META PLATFORMS INC | 621,800 | $456.6M | 0.8% | — | — | — | Increased — |
ADVANCED MICRO DEVICES INC | 2.7M | $434.2M | 0.8% | $127.11 | +27.28% | 17 qtrssince 2021-Q3 | Decreased 0 |
ISHARES TR | 7.8M | $419M | 0.8% | — | — | — | Increased — |
CAPSTONE INVESTMENT ADVISORS, LLC manages $53.7B across 1889 positions as of Q3 2025. Top holdings: SPY puts (30.0%), NVDA puts (4.6%), IWM puts (3.9%). Fund DNA: Momentum Trader. HoldingsIntel Score: 1.5/5.0.
Active quarter - 479 new positions, 225 exits, 299 increased. Top move: MSFT (INCREASED, conviction 70). Portfolio: $53.7B across 1889 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
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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