Capstone Investment Advisors, LLC 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Capstone Investment Advisors, LLC disclosed 1091 US equity positions worth $11.4bn in its Q3 2025 13F filing. The largest position was NVDA at 10.9% of the reported book, followed by MSFT and AMZN. Against the Q2 2025 filing, it opened 7 new positions, added to 27 and reduced 10 among the top 50 holdings.
What did Capstone Investment Advisors, LLC own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 10.9% | $1.3bn | 6,701,468 | -29% | reduced |
| 2 | MSFT MICROSOFT CORP | Technology | 9.7% | $1.1bn | 2,141,021 | 32% | added |
| 3 | AMZN AMAZON COM INC | Consumer Cyclical | 9.1% | $1.0bn | 4,741,800 | 13% | added |
| 4 | TSLA TESLA INC | Consumer Cyclical | 7.5% | $852.7m | 1,917,393 | -55% | reduced |
| 5 | IVV ISHARES TR | 5.6% | $644.1m | 962,339 | 0% | held | |
| 6 | AMD ADVANCED MICRO DEVICES INC | Technology | 3.8% | $434.2m | 2,683,559 | -15% | reduced |
| 7 | VOO VANGUARD INDEX FDS | 3.3% | $376.0m | 614,021 | 203% | added | |
| 8 | GOOGL ALPHABET INC | Communication Services | 2.7% | $311.6m | 1,281,781 | -54% | reduced |
| 9 | AAPL APPLE INC | Technology | 2.2% | $248.0m | 974,127 | -74% | reduced |
| 10 | WDC WESTERN DIGITAL CORP | 1.5% | $174.9m | 54,500,000 | – | new | |
| 11 | META META PLATFORMS INC | Communication Services | 1.5% | $173.9m | 236,807 | 345% | added |
| 12 | SPY SPDR S&P 500 ETF TR | 1.3% | $149.4m | 224,202 | 188% | added | |
| 13 | IDCC INTERDIGITAL INC | 0.9% | $100.8m | 22,532,000 | 0% | held | |
| 14 | NET CLOUDFLARE INC | 0.8% | $87.3m | 69,926,000 | -2% | reduced | |
| 15 | FOX FOX CORP | Communication Services | 0.8% | $86.8m | 1,515,956 | 658% | added |
| 16 | IONIS PHARMACEUTICALS INC | 0.8% | $86.1m | 69,949,000 | 8% | added | |
| 17 | XLF SELECT SECTOR SPDR TR | 0.7% | $83.5m | 1,550,644 | 147% | added | |
| 18 | DEXCOM INC | 0.7% | $80.9m | 81,483,000 | 0% | held | |
| 19 | CORZ CORE SCIENTIFIC INC NEW | Technology | 0.7% | $79.6m | 4,435,000 | 2978% | added |
| 20 | SPOTIFY USA INC | 0.6% | $71.8m | 52,418,000 | 52% | added | |
| 21 | AIRBNB INC | 0.6% | $68.8m | 70,181,000 | 0% | held | |
| 22 | LITE LUMENTUM HLDGS INC | 0.6% | $64.7m | 26,774,000 | – | new | |
| 23 | XERIS BIOPHARMA HOLDINGS INC | 0.5% | $62.1m | 23,074,000 | 0% | held | |
| 24 | GOOG ALPHABET INC | Communication Services | 0.5% | $59.9m | 246,105 | -69% | reduced |
| 25 | CNX RES CORP | 0.5% | $59.1m | 23,604,000 | 17% | added | |
| 26 | SHIFT4 PMTS INC | 0.5% | $58.0m | 56,349,000 | 37% | added | |
| 27 | C CITIGROUP INC | Financial Services | 0.5% | $57.9m | 570,723 | -14% | reduced |
| 28 | GXO GXO LOGISTICS INCORPORATED | Industrials | 0.4% | $49.9m | 944,109 | -2% | reduced |
| 29 | PROGRESS SOFTWARE CORP | 0.4% | $49.1m | 49,019,000 | 133% | added | |
| 30 | CYBERARK SOFTWARE LTD | 0.4% | $48.3m | 100,000 | 3025% | added | |
| 31 | EXACT SCIENCES CORP | 0.4% | $47.1m | 48,940,000 | 60% | added | |
| 32 | DAYFORCE INC | 0.4% | $46.2m | 47,146,000 | 12% | added | |
| 33 | WMT WALMART INC | Consumer Defensive | 0.4% | $45.9m | 445,469 | 435% | added |
| 34 | ALRM ALARM COM HLDGS INC | 0.4% | $45.9m | 46,408,000 | 12% | added | |
| 35 | MIRM MIRUM PHARMACEUTICALS INC | 0.4% | $45.7m | 19,000,000 | – | new | |
| 36 | CYTOKINETICS INC | 0.4% | $44.9m | 8,631,000 | 0% | held | |
| 37 | 07WA MR COOPER GROUP INC | 0.4% | $44.7m | 212,000 | 183% | added | |
| 38 | FLS FLOWSERVE CORP | Industrials | 0.4% | $41.0m | 772,398 | 383% | added |
| 39 | IMAX CORP | 0.4% | $40.7m | 34,607,000 | 115% | added | |
| 40 | VRNA VERONA PHARMA PLC | 0.4% | $40.0m | 375,000 | – | new | |
| 41 | UBER UBER TECHNOLOGIES INC | 0.3% | $38.8m | 26,371,000 | 8% | added | |
| 42 | CHEFS WHSE INC | 0.3% | $37.9m | 26,200,000 | 30% | added | |
| 43 | CNMD CONMED CORP | 0.3% | $37.7m | 39,500,000 | 88% | added | |
| 44 | AKAM AKAMAI TECHNOLOGIES INC | 0.3% | $36.7m | 39,000,000 | 8% | added | |
| 45 | FCX FREEPORT-MCMORAN INC | Basic Materials | 0.3% | $35.1m | 894,390 | – | new |
| 46 | TRIPADVISOR INC | 0.3% | $34.6m | 35,604,000 | 16% | added | |
| 47 | BBIO BRIDGEBIO PHARMA INC | 0.3% | $33.7m | 24,000,000 | – | new | |
| 48 | AKAM AKAMAI TECHNOLOGIES INC | 0.3% | $33.7m | 35,110,000 | -22% | reduced | |
| 49 | STRATEGY INC | 0.3% | $33.7m | 15,000,000 | – | new | |
| 50 | KEX KIRBY CORP | Industrials | 0.3% | $33.4m | 400,545 | 102% | 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.