Fund HoldingsCAPSTONE INVESTMENT ADVISORS, LLC

Total Portfolio Value
$37.83B
Total Bought
$11.33B
Total Sold
$14.94B
Net Transaction
-$3.61B
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
SPDR S&P 500 ETF TR(SPY)(Put)015,318,600+15,318,60008,569,072+8,569,072
TESLA INC(TSLA)05,405,254+5,405,25401,400,8263.70%+1,400,826
TESLA INC(TSLA)(Put)1,602,2005,232,900+3,630,700647,0321,356,158+709,126
NVIDIA CORPORATION(NVDA)3,205,7229,859,323+6,653,601430,4961,068,5532.82%+638,057
SPDR GOLD TR(GLD)(Call)01,944,100+1,944,1000560,173+560,173
ALPHABET INC(GOOG)113,5203,402,563+3,289,04321,489526,1721.39%+504,683
APPLE INC(AAPL)315,7801,499,734+1,183,95479,078333,1360.88%+254,058
ALPHABET INC(GOOG)01,303,767+1,303,7670203,6880.54%+203,688
ISHARES TR(Put)02,697,700+2,697,7000538,164+538,164
ALPHABET INC(GOOG)(Put)2,548,4003,968,900+1,420,500482,412613,751+131,339
NOVA LTD(NVMI)0000124,9040.33%+124,904
ADVANCED MICRO DEVICES INC(AMD)(Put)01,773,700+1,773,7000182,230+182,230
ADVANCED MICRO DEVICES INC(AMD)338,5411,471,623+1,133,08240,892151,1950.40%+110,302
SELECT SECTOR SPDR TR(Put)
ST STR ENERG ETF
01,169,600+1,169,6000109,299+109,299
ISHARES TR(Put)06,180,700+6,180,7000487,595+487,595
UNITED STATES STL CORP0000100,0270.26%+100,027
INVESCO QQQ TR(Call)1,316,0001,645,200+329,200672,779771,467+98,689
ZSCALER INC(ZS)000094,9520.25%+94,952
VARONIS SYS INC(VRNS)000082,4440.22%+82,444
VANECK ETF TRUST(Put)
SEMICONDUCTR ETF
0376,900+376,900079,703+79,703
SELECT SECTOR SPDR TR(Put)
ST STR MATER ETF
0925,800+925,800079,600+79,600
BROADCOM INC(AVGO)0475,412+475,412079,5980.21%+79,598
INNOVIVA INC000066,7840.18%+66,784
NEOGENOMICS INC000065,6130.17%+65,613
AIRBNB INC(ABNB)000064,7710.17%+64,771
SPDR SER TR(Put)
SP O&G EXPL PRO
0755,500+755,500099,507+99,507
LIVONGO HEALTH INC(TDOC)000063,1440.17%+63,144
INSMED INC(INSM)000062,9580.17%+62,958
CLOUDFLARE INC(NET)000061,7790.16%+61,779
INTERDIGITAL INC(IDCC)000060,5660.16%+60,566
AMAZON COM INC(AMZN)5,398,6216,515,195+1,116,5741,184,4031,239,5813.28%+55,178
SELECT SECTOR SPDR TR(Put)
ST STR INDL ETF
0411,500+411,500053,935+53,935
FRONTIER COMMUNICATIONS PARE01,485,000+1,485,000053,2520.14%+53,252
SHIFT4 PMTS INC(FOUR)000053,0160.14%+53,016
IONIS PHARMACEUTICALS INC(IONS)000050,1480.13%+50,148
CNX RES CORP(CNX)000049,5260.13%+49,526
DIGITALOCEAN HLDGS INC(DOCN)000049,0690.13%+49,069
SELECT SECTOR SPDR TR(Put)
ST STR FINL ETF
03,044,000+3,044,0000151,622+151,622
DATADOG INC(DDOG)000047,1870.12%+47,187
BERKSHIRE HATHAWAY INC DEL(Put)351,400384,900+33,500159,283204,990+45,707
AKAMAI TECHNOLOGIES INC(AKAM)000044,0840.12%+44,084
PERMIAN RESOURCES CORP000042,8620.11%+42,862
AKAMAI TECHNOLOGIES INC(AKAM)000042,7810.11%+42,781
XERIS BIOPHARMA HOLDINGS INC(XERS)000039,8890.11%+39,889
SELECT SECTOR SPDR TR
ST STR FINL ETF
0797,085+797,085039,7030.10%+39,703
DEXCOM INC(DXCM)000038,5550.10%+38,555
ENCORE CAP GROUP INC000037,9670.10%+37,967
VANECK ETF TRUST(Call)
SEMICONDUCTR ETF
0178,400+178,400037,726+37,726
SPDR SER TR(Call)
SP O&G EXPL PRO
408,100687,000+278,90054,02090,485+36,465
ISHARES TR(Put)5,958,3006,527,700+569,400249,176285,260+36,084
AKAMAI TECHNOLOGIES INC(AKAM)000034,3800.09%+34,380
CYTOKINETICS INC(CYTK)000032,8630.09%+32,863
CINEMARK HLDGS INC(CNK)000032,3820.09%+32,382
FIVE9 INC(FIVN)000032,0790.08%+32,079
DAYFORCE INC000031,9440.08%+31,944
SPOTIFY USA INC(SPOT)000031,0620.08%+31,062
WAYFAIR INC(W)000030,0390.08%+30,039
PALANTIR TECHNOLOGIES INC(PLTR)(Put)312,200634,300+322,10023,61253,535+29,923
CHAMPIONX CORPORATION01,000,000+1,000,000029,8000.08%+29,800
ISHARES BITCOIN TRUST ETF(IBIT)(Put)304,100954,100+650,00016,13344,661+28,529
BLACKSTONE INC(BX)0188,936+188,936026,4090.07%+26,409
FERRARI N V
COM
057,500+57,500024,6030.07%+24,603
KELLANOVA0300,000+300,000024,7470.07%+24,747
PLAYA HOTELS & RESORTS NV01,820,000+1,820,000024,2610.06%+24,261
HCI GROUP INC000023,4550.06%+23,455
PALANTIR TECHNOLOGIES INC(PLTR)0347,190+347,190029,3030.08%+29,303
CONSTELLATION BRANDS INC(STZ)(Call)0141,500+141,500025,968+25,968
PROGRESS SOFTWARE CORP(PRGS)000022,5230.06%+22,523
WALMART INC(WMT)0320,508+320,508028,1370.07%+28,137
MASTEC INC(MTZ)0189,360+189,360022,1000.06%+22,100
RAPID7 INC000022,0190.06%+22,019
UBER TECHNOLOGIES INC(UBER)000020,7640.05%+20,764
LENNAR CORP(LEN)0191,557+191,557021,9870.06%+21,987
REDDIT INC(RDDT)(Put)0192,500+192,500020,193+20,193
VAREX IMAGING CORP000020,0000.05%+20,000
REDDIT INC(RDDT)0190,986+190,986020,0340.05%+20,034
JPMORGAN CHASE & CO.(JPM)099,009+99,009024,2870.06%+24,287
CHEFS WHSE INC(CHEF)000019,4880.05%+19,488
KKR & CO INC(KKR)0181,039+181,039020,9300.06%+20,930
ISHARES TR0805,189+805,189035,1870.09%+35,187
TRIPADVISOR INC(TRIP)000019,3450.05%+19,345
VENTAS RLTY LTD PARTNERSHIP(VTR)000019,3350.05%+19,335
SCHWAB CHARLES CORP(SCHW)0312,885+312,885024,4930.06%+24,493
DISCOVER FINL SVCS0110,000+110,000018,7770.05%+18,777
KIRBY CORP(KEX)0278,642+278,642028,1460.07%+28,146
ISHARES TR
MSCI USA MIN ETF
0353,001+353,001033,0620.09%+33,062
UNITED STATES STL CORP NEW0425,000+425,000017,9610.05%+17,961
IMAX CORP(IMAX)000017,8510.05%+17,851
LYFT INC(LYFT)000017,5040.05%+17,504
TAIWAN SEMICONDUCTOR MFG LTD(TSM)0108,945+108,945018,0850.05%+18,085
INTERPUBLIC GROUP COS INC0650,000+650,000017,6540.05%+17,654
TAIWAN SEMICONDUCTOR MFG LTD(TSM)(Call)0100,000+100,000016,600+16,600
OMNICELL COM(OMCL)000016,5060.04%+16,506
ALBERTSONS COS INC0750,000+750,000016,4930.04%+16,493
ALARM COM HLDGS INC(ALRM)000016,2560.04%+16,256
CME GROUP INC(CME)060,000+60,000015,9170.04%+15,917
DISNEY WALT CO(DIS)0183,968+183,968018,1580.05%+18,158
PHILIP MORRIS INTL INC(PM)0103,501+103,501016,4290.04%+16,429
DYCOM INDS INC(DY)0102,198+102,198015,5690.04%+15,569
MAKEMYTRIP LIMITED MAURITIUS(MMYT)000015,3900.04%+15,390
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