CAPSTONE INVESTMENT ADVISORS, LLC
Institutional investor · Portfolio as of Q4 2022
Top Holdings1,493 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
ISHARES RUSSELL 2000 ETF ETF | 8.1M | $1.4B | 10.3% | — | — | — | Decreased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 4.6M | $1.2B | 8.9% | — | — | — | Decreased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 3.6M | $947.8M | 6.9% | — | — | — | Decreased — |
ISHARES MSCI EAFE ETF CL USD INC | 8.1M | $532.6M | 3.9% | — | — | — | Decreased — |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 1.2M | $473.3M | 3.4% | — | — | — | Increased — |
ISHR IBX USD HIYLD CB ETF-UI | 3.5M | $257.7M | 1.9% | — | — | — | Decreased — |
SPDR GOLD TRUST | 1.3M | $227.2M | 1.7% | — | — | — | New — |
ISHARES TR | 7M | $199.5M | 1.5% | — | — | — | Increased — |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 328,893 | $125.8M | 0.9% | $347.14 | +5.90% | 2 qtrssince 2022-Q3 | Decreased 0 |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 306,300 | $117.1M | 0.9% | — | — | — | Increased — |
APPLE INC | 856,000 | $111.2M | 0.8% | — | — | — | Decreased — |
ISHARES IBOXX INVESTMENT GRA | 1M | $105.4M | 0.8% | — | — | — | Unchanged — |
MICROSOFT CORP | 379,600 | $91M | 0.7% | — | — | — | Decreased — |
BERKSHIRE HATHAWAY INC-CL B | 289,600 | $89.5M | 0.7% | — | — | — | Increased — |
APPLE INC | 633,200 | $82.3M | 0.6% | — | — | — | Increased — |
EXXON MOBIL CORP | 694,200 | $76.6M | 0.6% | — | — | — | Decreased — |
MICROSOFT CORP | 309,500 | $74.2M | 0.5% | — | — | — | Increased — |
| 34.5M | $72.9M | 0.5% | — | — | 9 qtrssince 2020-Q4 | Unchanged 0 | |
| 45.3M | $68.3M | 0.5% | — | — | 7 qtrssince 2021-Q2 | Increased 42 | |
UNITEDHEALTH GROUP INC | 127,200 | $67.4M | 0.5% | — | — | — | Increased — |
CAPSTONE INVESTMENT ADVISORS, LLC manages $13.7B across 1493 positions as of Q4 2022. Top holdings: IWM (10.3%), QQQ (8.9%), QQQ (6.9%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 1/5.0.
Active quarter - 90 new positions, 158 exits, 103 increased. No standout high-conviction moves this quarter. Portfolio: $13.7B across 1493 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
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