CAPSTONE INVESTMENT ADVISORS, LLC — 13F Holdings

2026 Q1  ·  1933 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, CAPSTONE INVESTMENT ADVISORS, LLC maintained a portfolio of 1933 distinct positions. The most significant new addition was WEBSTER FINL CORP, now representing 0.10% of the total fund value. They heavily accumulated shares in STATE STR SPDR S&P 500 ETF T, increasing the position by 8850.6%. The fund also reduced its exposure to SPDR S&P 500 ETF TR by 97.0%.
Position History hover any row below to update
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CAPSTONE INVESTMENT ADVISORS, LLC New York, NY Hedge Fund / Multi-Strategy AUM $8,823M
PCA Score Concentration Risk
Risk ENB
Total Positions
1933
Quarter
2026 Q1
Top Holding
SPY (17.4%)
Top 10 Concentration
58.6%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 1933

CAPSTONE INVESTMENT ADVISORS, LLC Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
PUT
PUT Option 17.41% 26.10% #1
Prev: #1
6.0
-4,188,000 -21.4%
P
S
15,366,400 $9,993,384,576
$531.38 +42.9%
$650.34 +16.8%
2008 Q1 13F Filing 2026-03-31 2026-05-15
QQQ
INVESCO QQQ TR
PUT
PUT Option 16.95% 6.13% #2
Prev: #2
8.5
11,758,200 230.5%
P
S
16,859,400 $9,730,908,488 2007 Q4 13F Filing 2026-03-31 2026-05-15
QQQ
INVESCO QQQ TR
CALL
CALL Option 9.81% 2.80% #3 3
Prev: #6
7.9
7,426,900 318.8%
P
S
9,756,800 $5,631,429,824 2007 Q4 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
PUT
PUT Option 2.60% 1.77% #4 5
Prev: #9
4.5
3,260,500 83.2%
P
S
7,180,600 $1,495,503,562 2007 Q4 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
PUT
PUT Option 2.48% 4.42% #5 2
Prev: #3
1.5
-3,920,400 -32.4%
P
S
8,179,700 $1,426,539,680 2008 Q4 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
PUT
PUT Option 2.21% 1.40% #6 8
Prev: #14
3.9
1,941,700 131.3%
P
S
3,420,600 $1,266,203,502 2007 Q4 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
Consumer Cyclical 2.09% 1.21% #7 9
Prev: #16
3.8
3,100,042 116.1%
P
S
5,769,310 $1,201,574,194 2007 Q4 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
Technology 1.79% 0.68% #8 18
Prev: #26
3.7
2,051,565 284.0%
P
S
2,773,897 $1,026,813,452 2007 Q4 13F Filing 2026-03-31 2026-05-15
IVV
ISHARES TR
ETF 1.77% 2.39% #9 2
Prev: #7
1.2
-223,106 -12.5%
P
S
1,557,834 $1,017,592,747 2008 Q1 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
PUT
PUT Option 1.53% 1.63% #10 2
Prev: #12
2.6
398,900 13.0%
P
S
3,456,800 $877,301,272 2007 Q4 13F Filing 2026-03-31 2026-05-15
TSLA
TESLA INC
PUT
PUT Option 1.41% 1.64% #11
Prev: #11
2.6
304,300 16.3%
P
S
2,170,900 $807,032,075 2013 Q2 13F Filing 2026-03-31 2026-05-15
N/A
LUMENTUM HLDGS ...
Bond/Debt 1.31% 0.58% #12 18
Prev: #30
3.0
18,569,000 33.3%
P
S
74,347,000 $752,698,547 13F Filing 2026-03-31 2026-05-15
SPY
STATE STR SPDR ...
CALL
CALL Option 1.28% 1.51% #13
Prev: #13
1.0
3,800 0.3%
P
S
1,133,800 $737,355,492 2008 Q1 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
Technology 1.22% 3.13% #14 9
Prev: #5
0.5
-4,562,393 -53.2%
P
S
4,015,308 $700,269,715 2008 Q4 13F Filing 2026-03-31 2026-05-15
N/A
WESTERN DIGITAL...
Bond/Debt 1.00% 0.53% #15 19
Prev: #34
2.9
21,500,000 36.4%
P
S
80,500,000 $576,536,978 13F Filing 2026-03-31 2026-05-15
LQD
ISHARES TR
PUT
PUT Option 0.97% 0.15% #16 50
Prev: #66
3.4
4,408,800 629.8%
P
S
5,108,800 $556,808,112 2016 Q4 13F Filing 2026-03-31 2026-05-15
TSLA
TESLA INC
Consumer Cyclical 0.94% 0.80% #17 6
Prev: #23
3.4
540,313 59.1%
P
S
1,454,100 $540,561,675 2013 Q2 13F Filing 2026-03-31 2026-05-15
GOOG
ALPHABET INC
PUT
PUT Option 0.92% 1.27% #18 3
Prev: #15
0.9
-211,700 -10.3%
P
S
1,849,100 $530,432,826 2007 Q4 13F Filing 2026-03-31 2026-05-15
VOO
VANGUARD INDEX ...
ETF 0.89% 1.02% #19 1
Prev: #20
0.9
25,440 3.1%
P
S
855,335 $511,105,429 2024 Q3 13F Filing 2026-03-31 2026-05-15
GOOGL
ALPHABET INC
PUT
PUT Option 0.85% 2.29% #20 12
Prev: #8
0.3
-2,039,900 -54.5%
P
S
1,703,200 $489,772,192 2015 Q4 13F Filing 2026-03-31 2026-05-15
FXI
ISHARES TR
PUT
PUT Option 0.73% 0.45% #21 15
Prev: #36
3.3
5,678,000 94.4%
P
S
11,692,800 $419,771,528 2008 Q1 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
CALL
CALL Option 0.73% 0.92% #22 1
Prev: #21
0.8
-130,000 -5.1%
P
S
2,394,900 $417,670,560 2008 Q4 13F Filing 2026-03-31 2026-05-15
IWM
ISHARES TR
PUT
PUT Option 0.70% 3.45% #23 19
Prev: #4
0.3
-5,540,500 -77.5%
P
S
1,610,000 $399,280,000 2008 Q1 13F Filing 2026-03-31 2026-05-15
SPY
STATE STR SPDR ...
ETF 0.67% 0.23% #24 23
Prev: #47
3.3
421,644 245.6%
P
S
593,324 $385,862,330 2008 Q1 13F Filing 2026-03-31 2026-05-15
FXI
ISHARES TR
CALL
CALL Option 0.63% 0.62% #25 4
Prev: #29
2.8
1,733,500 20.8%
P
S
10,049,600 $360,780,647 2008 Q1 13F Filing 2026-03-31 2026-05-15
HYG
ISHARES TR
PUT
PUT Option 0.62% 0.54% #26 7
Prev: #33
2.7
1,057,800 31.0%
P
S
4,467,200 $355,410,432 2009 Q3 13F Filing 2026-03-31 2026-05-15
XLF
SELECT SECTOR S...
PUT
PUT Option 0.61% 1.09% #27 9
Prev: #18
0.2
-3,082,200 -30.2%
P
S
7,123,800 $351,702,003 2007 Q4 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
CALL
CALL Option 0.52% 0.47% #28 7
Prev: #35
2.7
378,600 36.1%
P
S
1,427,800 $297,367,906 2007 Q4 13F Filing 2026-03-31 2026-05-15
XLF
SELECT SECTOR S...
CALL
CALL Option 0.51% #29
Prev: #—
3.7
5,873,400
NEW
5,873,400 $289,969,756 2007 Q4 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
PUT
PUT Option 0.50% 0.82% #30 8
Prev: #22
0.2
-134,900 -21.2%
P
S
501,000 $286,637,130 2012 Q4 13F Filing 2026-03-31 2026-05-15
WBD
WARNER BROS DIS...
Communication Services 0.49% 0.21% #31 20
Prev: #51
3.2
6,455,000 172.1%
P
S
10,205,000 $280,229,300 2009 Q1 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
CALL
CALL Option 0.48% 0.44% #32 5
Prev: #37
3.2
289,200 62.7%
P
S
750,200 $277,701,534 2007 Q4 13F Filing 2026-03-31 2026-05-15
WBD
WARNER BROS DIS...
PUT
PUT Option 0.44% 0.21% #33 19
Prev: #52
3.2
5,496,400 147.7%
P
S
9,218,800 $253,148,248 2009 Q1 13F Filing 2026-03-31 2026-05-15
EEM
ISHARES TR
PUT
PUT Option 0.44% 0.80% #34 10
Prev: #24
0.2
-3,033,900 -40.5%
P
S
4,453,100 $252,891,548 2007 Q4 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
Technology 0.44% 0.55% #35 3
Prev: #32
0.7
-38,524 -3.8%
P
S
986,365 $250,329,573 2007 Q4 13F Filing 2026-03-31 2026-05-15
TSLA
TESLA INC
CALL
CALL Option 0.43% 0.68% #36 9
Prev: #27
0.7
-106,600 -13.8%
P
S
666,800 $247,882,900 2013 Q2 13F Filing 2026-03-31 2026-05-15
GOOG
ALPHABET INC
Communication Services 0.42% 0.57% #37 6
Prev: #31
0.7
-92,304 -9.9%
P
S
838,609 $240,563,378 2007 Q4 13F Filing 2026-03-31 2026-05-15
AVGO
BROADCOM INC
PUT
PUT Option 0.40% 0.77% #38 13
Prev: #25
0.2
-394,200 -34.7%
P
S
741,700 $229,563,567 2016 Q2 13F Filing 2026-03-31 2026-05-15
NBIS
NEBIUS GROUP N....
PUT
PUT Option 0.39% 0.30% #39 2
Prev: #41
2.2
350,000 19.3%
P
S
2,161,000 $224,225,360 2025 Q4 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
CALL
CALL Option 0.35% 0.43% #40 2
Prev: #38
0.6
-13,200 -1.6%
P
S
802,900 $203,767,991 2007 Q4 13F Filing 2026-03-31 2026-05-15
EWZ
ISHARES INC
PUT
PUT Option 0.35% 0.28% #41 3
Prev: #44
2.1
848,500 19.1%
P
S
5,285,200 $202,898,827 2007 Q4 13F Filing 2026-03-31 2026-05-15
AMD
ADVANCED MICRO ...
PUT
PUT Option 0.35% 1.11% #42 25
Prev: #17
0.1
-1,674,400 -63.2%
P
S
973,900 $198,120,477 2007 Q4 13F Filing 2026-03-31 2026-05-15
GOOGL
ALPHABET INC
Communication Services 0.34% 1.69% #43 33
Prev: #10
0.1
-2,076,300 -75.2%
P
S
684,171 $196,740,213 2015 Q4 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
Communication Services 0.34% 0.63% #44 16
Prev: #28
0.1
-150,023 -30.7%
P
S
339,072 $193,993,263 2012 Q4 13F Filing 2026-03-31 2026-05-15
N/A
ECHOSTAR CORP
Bond/Debt 0.33% 0.06% #45 94
Prev: #139
0.1
-8,656,612,000 -99.4%
P
S
52,388,000 $187,266,145 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
CALL
CALL Option 0.31% 0.22% #46 4
Prev: #50
3.1
140,600 83.4%
P
S
309,200 $176,902,596 2012 Q4 13F Filing 2026-03-31 2026-05-15
GOOG
ALPHABET INC
CALL
CALL Option 0.27% 0.38% #47 8
Prev: #39
0.6
-75,700 -12.2%
P
S
545,100 $156,367,386 2007 Q4 13F Filing 2026-03-31 2026-05-15
XOM
EXXON MOBIL COR...
PUT
PUT Option 0.26% 0.05% #48 104
Prev: #152
3.1
660,900 310.9%
P
S
873,500 $148,198,010 2008 Q1 13F Filing 2026-03-31 2026-05-15
AMD
ADVANCED MICRO ...
Technology 0.25% 1.03% #49 30
Prev: #19
0.1
-1,751,707 -71.0%
P
S
715,929 $145,641,436 2007 Q4 13F Filing 2026-03-31 2026-05-15
MU
MICRON TECHNOLO...
PUT
PUT Option 0.25% 0.17% #50 14
Prev: #64
2.6
116,400 38.6%
P
S
418,100 $141,250,904 2008 Q2 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 1933 holdings

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