Capital Fund Management S.A. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Capital Fund Management S.A. disclosed 834 US equity positions worth $9.1bn in its Q2 2025 13F filing. The largest position was NVDA at 3.2% of the reported book, followed by AAPL and GOOGL. Against the Q1 2025 filing, it opened 7 new positions, added to 30 and reduced 12 among the top 50 holdings.
What did Capital Fund Management S.A. own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 3.2% | $287.1m | 1,816,951 | 995% | added |
| 2 | AAPL APPLE INC | Technology | 3.0% | $269.5m | 1,313,784 | – | new |
| 3 | GOOGL ALPHABET INC | Communication Services | 2.2% | $203.2m | 1,152,894 | 50% | added |
| 4 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.2% | $196.4m | 629,462 | 325% | added |
| 5 | PEP PEPSICO INC | Consumer Defensive | 1.4% | $124.7m | 944,588 | 65% | added |
| 6 | CVX CHEVRON CORP NEW | Energy | 1.4% | $124.1m | 866,791 | 203% | added |
| 7 | GE GE AEROSPACE | Industrials | 1.3% | $119.4m | 463,969 | 1% | added |
| 8 | BAC BANK AMERICA CORP | Financial Services | 1.1% | $103.4m | 2,184,137 | -35% | reduced |
| 9 | ADBE ADOBE INC | Technology | 1.1% | $99.3m | 256,574 | 1% | added |
| 10 | C CITIGROUP INC | Financial Services | 1.1% | $99.1m | 1,164,117 | -32% | reduced |
| 11 | MCD MCDONALDS CORP | Consumer Cyclical | 0.9% | $80.2m | 274,474 | – | new |
| 12 | CVNA CARVANA CO | Consumer Cyclical | 0.8% | $76.5m | 227,102 | 377% | added |
| 13 | MO ALTRIA GROUP INC | Consumer Defensive | 0.8% | $75.6m | 1,288,655 | 289% | added |
| 14 | MRK MERCK & CO INC | Healthcare | 0.8% | $75.5m | 953,553 | -32% | reduced |
| 15 | ZTS ZOETIS INC | Healthcare | 0.8% | $74.2m | 475,590 | 46% | added |
| 16 | RDDT REDDIT INC | Communication Services | 0.8% | $70.5m | 468,136 | 130% | added |
| 17 | JNJ JOHNSON & JOHNSON | Healthcare | 0.8% | $70.2m | 459,878 | 2191% | added |
| 18 | CMCSA COMCAST CORP NEW | Communication Services | 0.7% | $66.0m | 1,850,378 | 286% | added |
| 19 | AIG AMERICAN INTL GROUP INC | Financial Services | 0.7% | $65.1m | 760,423 | 7% | added |
| 20 | UPST UPSTART HLDGS INC | Financial Services | 0.6% | $57.8m | 894,094 | 5% | added |
| 21 | TSLA TESLA INC | Consumer Cyclical | 0.6% | $55.4m | 174,462 | – | new |
| 22 | INTU INTUIT | Technology | 0.6% | $54.2m | 68,845 | -2% | reduced |
| 23 | MS MORGAN STANLEY | Financial Services | 0.6% | $54.2m | 384,756 | -54% | reduced |
| 24 | TMO THERMO FISHER SCIENTIFIC INC | Healthcare | 0.6% | $53.5m | 131,832 | 506% | added |
| 25 | ABBV ABBVIE INC | Healthcare | 0.6% | $51.4m | 276,704 | – | new |
| 26 | XLF SELECT SECTOR SPDR TR | 0.6% | $50.6m | 965,293 | -33% | reduced | |
| 27 | FISV FISERV INC | 0.6% | $50.3m | 291,856 | – | new | |
| 28 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.5% | $48.9m | 268,252 | -9% | reduced |
| 29 | SE SEA LTD | Consumer Cyclical | 0.5% | $47.2m | 295,246 | 74% | added |
| 30 | TTD THE TRADE DESK INC | Communication Services | 0.5% | $46.0m | 638,786 | -1% | reduced |
| 31 | AFRM AFFIRM HLDGS INC | Financial Services | 0.5% | $43.9m | 634,666 | 50% | added |
| 32 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 0.5% | $43.6m | 237,806 | 0% | held |
| 33 | AEP AMERICAN ELEC PWR CO INC | Utilities | 0.5% | $43.6m | 420,418 | 50% | added |
| 34 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 0.5% | $43.6m | 422,828 | 29% | added |
| 35 | BX BLACKSTONE INC | Financial Services | 0.5% | $42.3m | 282,534 | -16% | reduced |
| 36 | MA MASTERCARD INCORPORATED | Financial Services | 0.5% | $41.4m | 73,734 | -14% | reduced |
| 37 | ROKU ROKU INC | Communication Services | 0.4% | $40.4m | 459,869 | 41% | added |
| 38 | MELI MERCADOLIBRE INC | Consumer Cyclical | 0.4% | $40.0m | 15,316 | 8% | added |
| 39 | PNC PNC FINL SVCS GROUP INC | Financial Services | 0.4% | $39.7m | 213,059 | 28% | added |
| 40 | EWZ ISHARES INC | 0.4% | $39.5m | 1,370,261 | – | new | |
| 41 | TEAM ATLASSIAN CORPORATION | Technology | 0.4% | $39.2m | 193,188 | 159% | added |
| 42 | GDX VANECK ETF TRUST | 0.4% | $38.8m | 744,900 | 17% | added | |
| 43 | FDX FEDEX CORP | Industrials | 0.4% | $38.6m | 169,762 | 170% | added |
| 44 | MRNA MODERNA INC | Healthcare | 0.4% | $38.6m | 1,397,477 | 178% | added |
| 45 | REGN REGENERON PHARMACEUTICALS | Healthcare | 0.4% | $38.3m | 72,877 | -21% | reduced |
| 46 | PGR PROGRESSIVE CORP | Financial Services | 0.4% | $38.2m | 143,174 | 52% | added |
| 47 | CAT CATERPILLAR INC | Industrials | 0.4% | $37.2m | 95,861 | 99% | added |
| 48 | WDAY WORKDAY INC | Technology | 0.4% | $37.1m | 154,791 | 275% | added |
| 49 | EA ELECTRONIC ARTS INC | Communication Services | 0.4% | $36.5m | 228,481 | -33% | reduced |
| 50 | RH RH | Consumer Cyclical | 0.4% | $36.3m | 192,025 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.