Capital Fund Management S.A. 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Capital Fund Management S.A. disclosed 791 US equity positions worth $10.0bn in its Q3 2025 13F filing. The largest position was NVDA at 3.0% of the reported book, followed by AAPL and TSLA. Against the Q2 2025 filing, it opened 9 new positions, added to 31 and reduced 10 among the top 50 holdings.
What did Capital Fund Management S.A. own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 3.0% | $297.1m | 1,592,190 | -12% | reduced |
| 2 | AAPL APPLE INC | Technology | 2.9% | $288.4m | 1,132,709 | -14% | reduced |
| 3 | TSLA TESLA INC | Consumer Cyclical | 2.8% | $283.0m | 636,321 | 265% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 1.5% | $152.1m | 293,738 | – | new |
| 5 | CVX CHEVRON CORP NEW | Energy | 1.5% | $148.9m | 958,870 | 11% | added |
| 6 | JPM JPMORGAN CHASE & CO. | Financial Services | 1.2% | $122.8m | 389,356 | 600% | added |
| 7 | GE GE AEROSPACE | Industrials | 1.2% | $120.3m | 399,868 | -14% | reduced |
| 8 | NFLX NETFLIX INC | Communication Services | 1.2% | $117.1m | 97,669 | – | new |
| 9 | MO ALTRIA GROUP INC | Consumer Defensive | 1.1% | $110.1m | 1,666,347 | 29% | added |
| 10 | ADBE ADOBE INC | Technology | 1.0% | $103.0m | 292,064 | 14% | added |
| 11 | ISRG INTUITIVE SURGICAL INC | Healthcare | 1.0% | $101.3m | 226,535 | 243% | added |
| 12 | QCOM QUALCOMM INC | Technology | 1.0% | $99.3m | 596,915 | 732% | added |
| 13 | AMZN AMAZON COM INC | Consumer Cyclical | 1.0% | $98.5m | 448,795 | – | new |
| 14 | MCD MCDONALDS CORP | Consumer Cyclical | 1.0% | $98.4m | 323,685 | 18% | added |
| 15 | MU MICRON TECHNOLOGY INC | Technology | 1.0% | $95.5m | 570,776 | – | new |
| 16 | EXMOC EXXON MOBIL CORP | 0.9% | $91.4m | 810,628 | 148% | added | |
| 17 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.9% | $87.2m | 173,396 | 298% | added | |
| 18 | C CITIGROUP INC | Financial Services | 0.8% | $79.4m | 781,849 | -33% | reduced |
| 19 | ACCENTURE PLC IRELAND | 0.8% | $77.2m | 313,047 | 1483% | added | |
| 20 | SCHW SCHWAB CHARLES CORP | Financial Services | 0.8% | $75.4m | 789,876 | 457% | added |
| 21 | ABNB AIRBNB INC | Consumer Cyclical | 0.7% | $72.9m | 600,542 | 132% | added |
| 22 | ZTS ZOETIS INC | Healthcare | 0.7% | $66.8m | 456,770 | -4% | reduced |
| 23 | LRCX LAM RESEARCH CORP | Technology | 0.6% | $64.0m | 477,808 | 3439% | added |
| 24 | SE SEA LTD | Consumer Cyclical | 0.6% | $60.7m | 339,888 | 15% | added |
| 25 | XLF SELECT SECTOR SPDR TR | 0.6% | $60.1m | 1,115,593 | 16% | added | |
| 26 | GDX VANECK ETF TRUST | 0.6% | $59.0m | 772,186 | 4% | added | |
| 27 | WDAY WORKDAY INC | Technology | 0.6% | $58.5m | 242,849 | 57% | added |
| 28 | CRCL CIRCLE INTERNET GROUP INC | Financial Services | 0.6% | $56.4m | 425,413 | – | new |
| 29 | AIG AMERICAN INTL GROUP INC | Financial Services | 0.6% | $55.9m | 712,233 | -6% | reduced |
| 30 | COIN COINBASE GLOBAL INC | Financial Services | 0.5% | $53.9m | 159,810 | – | new |
| 31 | PGR PROGRESSIVE CORP | Financial Services | 0.5% | $53.4m | 216,145 | 51% | added |
| 32 | EWZ ISHARES INC | 0.5% | $53.0m | 1,708,831 | 25% | added | |
| 33 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 0.5% | $52.7m | 539,406 | – | new |
| 34 | CAT CATERPILLAR INC | Industrials | 0.5% | $52.4m | 109,763 | 15% | added |
| 35 | GDDY GODADDY INC | Technology | 0.5% | $50.9m | 371,963 | 879% | added |
| 36 | FISV FISERV INC | 0.5% | $50.6m | 392,313 | 34% | added | |
| 37 | BMY BRISTOL-MYERS SQUIBB CO | Healthcare | 0.5% | $50.0m | 1,108,457 | 264% | added |
| 38 | TXN TEXAS INSTRS INC | Technology | 0.5% | $49.2m | 267,662 | – | new |
| 39 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.5% | $48.3m | 297,703 | 11% | added |
| 40 | NRG NRG ENERGY INC | Utilities | 0.5% | $46.9m | 289,520 | 133% | added |
| 41 | FDX FEDEX CORP | Industrials | 0.5% | $46.1m | 195,396 | 15% | added |
| 42 | ROKU ROKU INC | Communication Services | 0.5% | $45.3m | 452,231 | -2% | reduced |
| 43 | HONGBP HONEYWELL INTL INC | 0.4% | $44.9m | 213,066 | – | new | |
| 44 | ABBV ABBVIE INC | Healthcare | 0.4% | $44.8m | 193,493 | -30% | reduced |
| 45 | MRK MERCK & CO INC | Healthcare | 0.4% | $44.8m | 533,350 | -44% | reduced |
| 46 | FOXA FOX CORP | Communication Services | 0.4% | $44.5m | 706,188 | 31% | added |
| 47 | MS MORGAN STANLEY | Financial Services | 0.4% | $44.4m | 279,238 | -27% | reduced |
| 48 | CRM SALESFORCE INC | Technology | 0.4% | $44.4m | 187,240 | 83% | added |
| 49 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 0.4% | $44.2m | 158,181 | 170% | added |
| 50 | B BARRICK MNG CORP | Basic Materials | 0.4% | $42.5m | 1,295,477 | 90% | added |
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.