Capstone Investment Advisors, LLC 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Capstone Investment Advisors, LLC disclosed 837 US equity positions worth $11.7bn in its Q2 2025 13F filing. The largest position was NVDA at 12.8% of the reported book, followed by TSLA and AMZN. Against the Q1 2025 filing, it opened 1 new position, added to 29 and reduced 13 among the top 50 holdings.
What did Capstone Investment Advisors, LLC own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 12.8% | $1.5bn | 9,480,906 | -4% | reduced |
| 2 | TSLA TESLA INC | Consumer Cyclical | 11.5% | $1.4bn | 4,258,902 | -21% | reduced |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 7.8% | $916.6m | 4,178,107 | -36% | reduced |
| 4 | MSFT MICROSOFT CORP | Technology | 6.9% | $807.4m | 1,623,182 | -34% | reduced |
| 5 | AAPL APPLE INC | Technology | 6.7% | $783.2m | 3,817,310 | 155% | added |
| 6 | IVV ISHARES TR | 5.1% | $595.6m | 959,240 | 0% | held | |
| 7 | GOOGL ALPHABET INC | Communication Services | 4.1% | $486.1m | 2,758,170 | -19% | reduced |
| 8 | AMD ADVANCED MICRO DEVICES INC | Technology | 3.8% | $447.2m | 3,151,229 | 114% | added |
| 9 | GOOG ALPHABET INC | Communication Services | 1.2% | $143.1m | 806,535 | -38% | reduced |
| 10 | ZS ZSCALER INC | 1.2% | $136.1m | 66,500,000 | -7% | reduced | |
| 11 | NOVA LTD | 1.1% | $131.5m | 35,702,000 | -30% | reduced | |
| 12 | VOO VANGUARD INDEX FDS | 1.0% | $115.2m | 202,774 | -1% | reduced | |
| 13 | AZEK AZEK CO INC | 0.9% | $103.3m | 1,900,000 | 620% | added | |
| 14 | VARONIS SYS INC | 0.9% | $102.3m | 61,779,000 | 0% | held | |
| 15 | FYBR FRONTIER COMMUNICATIONS PARE | 0.8% | $96.5m | 2,650,000 | 78% | added | |
| 16 | NET CLOUDFLARE INC | 0.7% | $84.6m | 71,426,000 | 16% | added | |
| 17 | DEXCOM INC | 0.7% | $80.2m | 81,483,000 | 106% | added | |
| 18 | INNOVIVA INC | 0.7% | $79.9m | 67,929,000 | 12% | added | |
| 19 | DOCN DIGITALOCEAN HLDGS INC | 0.7% | $79.9m | 85,326,000 | 62% | added | |
| 20 | AIRBNB INC | 0.6% | $67.8m | 70,181,000 | 4% | added | |
| 21 | KEL KELLANOVA | 0.6% | $67.7m | 850,646 | 184% | added | |
| 22 | IDCC INTERDIGITAL INC | 0.6% | $65.7m | 22,532,000 | 0% | held | |
| 23 | IONIS PHARMACEUTICALS INC | 0.6% | $65.5m | 64,949,000 | 27% | added | |
| 24 | C CITIGROUP INC | Financial Services | 0.5% | $56.5m | 664,205 | 932% | added |
| 25 | CNX RES CORP | 0.5% | $52.9m | 20,104,000 | 0% | held | |
| 26 | SPOTIFY USA INC | 0.4% | $52.4m | 34,500,000 | 33% | added | |
| 27 | SHIFT4 PMTS INC | 0.4% | $52.1m | 41,141,000 | -11% | reduced | |
| 28 | GLD SPDR GOLD TR | 0.4% | $49.5m | 162,401 | 5864% | added | |
| 29 | SPY SPDR S&P 500 ETF TR | 0.4% | $48.1m | 77,866 | -81% | reduced | |
| 30 | CNK CINEMARK HLDGS INC | 0.4% | $48.1m | 22,658,000 | 22% | added | |
| 31 | CAT CATERPILLAR INC | Industrials | 0.4% | $47.6m | 122,577 | 852% | added |
| 32 | GXO GXO LOGISTICS INCORPORATED | Industrials | 0.4% | $46.9m | 963,125 | 39% | added |
| 33 | ENCORE CAP GROUP INC | 0.4% | $45.2m | 42,989,000 | 18% | added | |
| 34 | FLR FLUOR CORP NEW | Industrials | 0.4% | $43.9m | 855,770 | – | new |
| 35 | AKAM AKAMAI TECHNOLOGIES INC | 0.4% | $43.9m | 45,110,000 | 0% | held | |
| 36 | QQQ INVESCO QQQ TR | 0.4% | $43.8m | 79,371 | 98% | added | |
| 37 | PERMIAN RES OPER LLC | 0.4% | $42.6m | 17,607,000 | 0% | held | |
| 38 | DAYFORCE INC | 0.3% | $40.8m | 42,146,000 | 27% | added | |
| 39 | ALRM ALARM COM HLDGS INC | 0.3% | $40.4m | 41,408,000 | 145% | added | |
| 40 | IWM ISHARES TR | 0.3% | $39.4m | 182,789 | -7% | reduced | |
| 41 | META META PLATFORMS INC | Communication Services | 0.3% | $39.3m | 53,203 | 100% | added |
| 42 | XERIS BIOPHARMA HOLDINGS INC | 0.3% | $39.2m | 23,074,000 | 10% | added | |
| 43 | SLB SCHLUMBERGER LTD | Energy | 0.3% | $36.0m | 1,066,263 | 127% | added |
| 44 | KNX KNIGHT-SWIFT TRANSN HLDGS IN | Industrials | 0.3% | $35.3m | 797,987 | 17187% | added |
| 45 | UBER UBER TECHNOLOGIES INC | 0.3% | $34.9m | 24,371,000 | 43% | added | |
| 46 | TS TENARIS S A | Energy | 0.3% | $34.5m | 921,547 | 67% | added |
| 47 | AKAM AKAMAI TECHNOLOGIES INC | 0.3% | $34.3m | 36,000,000 | 0% | held | |
| 48 | XLF SELECT SECTOR SPDR TR | 0.3% | $32.9m | 628,155 | -21% | reduced | |
| 49 | CHEFS WHSE INC | 0.3% | $31.5m | 20,200,000 | 44% | added | |
| 50 | TRIPADVISOR INC | 0.3% | $29.5m | 30,604,000 | 52% | 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.