Fund HoldingsCAPSTONE INVESTMENT ADVISORS, LLC

Total Portfolio Value
$3.39B
Total Bought
$4.91B
Total Sold
$4.23B
Net Transaction
+$675.77M
Filing Period:
Securities
SharesValue ($K)
Q1 2023
Q2 2023
Change
Q1 2023
Q2 2023
Weight (%)
Change
INVESCO QQQ TR(Put)10,057,30011,877,300+1,820,0003,227,6894,387,712+1,160,023
APPLE INC(AAPL)(Call)832,5002,440,400+1,607,900137,279473,364+336,085
SPDR S&P 500 ETF TR(SPY)(Call)100,000680,000+580,00040,939301,430+260,491
APPLE INC(AAPL)(Put)2,149,2002,901,300+752,100354,403562,765+208,362
NVIDIA CORPORATION(NVDA)(Put)427,600662,000+234,400118,774280,039+161,265
MICROSOFT CORP(MSFT)(Put)896,1001,181,900+285,800258,346402,484+144,139
SELECT SECTOR SPDR TR(Put)
ST STR TECHN ETF
834,6001,398,600+564,000126,033243,161+117,128
ISHARES TR(Put)662,9003,542,100+2,879,20026,158140,125+113,967
ISHARES TR
MSCI USA MIN ETF
01,256,000+1,256,000093,3582.75%+93,358
SELECT SECTOR SPDR TR(Put)
ST STR SVC ETF
582,9001,858,000+1,275,10033,791120,919+87,128
MICROSOFT CORP(MSFT)(Call)371,500558,600+187,100107,103190,226+83,122
TESLA INC(TSLA)(Put)692,200842,700+150,500143,604220,594+76,990
INVESCO QQQ TR0260,002+260,002096,0502.83%+96,050
TAIWAN SEMICONDUCTOR MFG LTD(TSM)(Call)0830,000+830,000083,764+83,764
META PLATFORMS INC(META)(Put)614,700676,000+61,300130,280193,998+63,719
SPDR S&P 500 ETF TR(SPY)(Put)1,615,0001,630,000+15,000661,165722,546+61,382
ALPHABET INC(GOOG)(Put)906,3001,259,100+352,80094,010150,714+56,704
ISHARES TR(Put)4,000,0004,750,000+750,000302,200356,583+54,383
ALPHABET INC(GOOG)(Put)903,2001,118,000+214,80093,933135,244+41,312
SELECT SECTOR SPDR TR(Put)
ST STR DISCR ETF
266,200453,100+186,90039,80876,941+37,133
SELECT SECTOR SPDR TR(Put)
ST STR FINL ETF
1,084,0002,052,700+968,70034,85169,197+34,346
AMAZON COM INC(AMZN)(Put)1,922,1001,780,100-142,000198,534232,054+33,520
NVIDIA CORPORATION(NVDA)(Call)118,900151,100+32,20033,02763,918+30,891
JAZZ INVESTMENTS I LTD(JAZZ)000030,0710.89%+30,071
SPDR GOLD TR(GLD)(Put)276,600450,000+173,40050,67980,222+29,543
SELECT SECTOR SPDR TR(Put)
ST STR CARE ETF
429,400627,600+198,20055,59083,301+27,711
BROADCOM INC(AVGO)(Put)55,50072,700+17,20035,60563,062+27,457
ORACLE CORP(ORCL)(Put)311,100471,900+160,80028,90756,199+27,291
PROCTER AND GAMBLE CO(PG)(Put)0306,800+306,800046,554+46,554
ADVANCED MICRO DEVICES INC(AMD)(Put)0244,300+244,300027,828+27,828
LILLY ELI & CO(LLY)(Put)096,800+96,800045,397+45,397
SELECT SECTOR SPDR TR(Call)
ST STR TECHN ETF
436,500517,400+80,90065,91689,955+24,039
INTERDIGITAL INC(IDCC)000023,6790.70%+23,679
ALPHABET INC(GOOG)(Call)0405,400+405,400048,526+48,526
NETFLIX INC(NFLX)(Put)104,200134,600+30,40035,99959,290+23,291
NOVA LTD(NVMI)00067,69889,0372.62%+21,339
EXXON MOBIL CORP(XOM)(Put)0371,800+371,800039,876+39,876
JPMORGAN CHASE & CO(JPM)(Put)246,300356,200+109,90032,09551,806+19,710
NVIDIA CORPORATION(NVDA)046,188+46,188019,5380.58%+19,538
INSMED INC(INSM)00039,63559,0461.74%+19,411
HCI GROUP INC000019,2760.57%+19,276
BERKSHIRE HATHAWAY INC DEL(Put)134,900169,600+34,70041,65357,834+16,181
SELECT SECTOR SPDR TR(Put)
ST STR INDL ETF
366,000495,100+129,10037,03253,134+16,102
VAREX IMAGING CORP000016,0070.47%+16,007
VMWARE INC(Put)0175,000+175,000025,146+25,146
ALPHABET INC(GOOG)(Call)305,800392,100+86,30031,80347,432+15,629
BLACKLINE INC(BL)000015,0090.44%+15,009
ZILLOW GROUP INC(Z)00032,36047,2441.39%+14,884
ADOBE SYSTEMS INCORPORATED(ADBE)(Put)065,100+65,100031,833+31,833
FIVE9 INC(FIVN)000014,1450.42%+14,145
COSTCO WHSL CORP NEW(COST)(Put)75,20094,900+19,70037,36551,092+13,728
SELECT SECTOR SPDR TR(Put)
ST STR STAPL ETF
473,800659,600+185,80035,39848,923+13,525
CONMED CORP(CNMD)000033,5510.99%+33,551
HORIZON THERAPEUTICS PUB L(Put)0125,000+125,000012,856+12,856
MONGODB INC(MDB)00062,58575,3262.22%+12,741
ZSCALER INC(ZS)00028,81841,2021.21%+12,383
WILLIS TOWERS WATSON PLC LTD(WTW)051,972+51,972012,2390.36%+12,239
MASTERCARD INCORPORATED(MA)(Put)092,900+92,900036,538+36,538
CHEVRON CORP NEW(CVX)072,021+72,021011,3330.33%+11,333
NIKE INC(NKE)(Put)0250,800+250,800027,681+27,681
LIVENT CORP00043,43454,4151.60%+10,982
CINEMARK HLDGS INC(CNK)000027,3880.81%+27,388
CVS HEALTH CORP(CVS)0177,099+177,099012,2430.36%+12,243
WALMART INC(WMT)(Put)0222,200+222,200034,925+34,925
GUARDANT HEALTH INC(GH)000023,5430.69%+23,543
DISNEY WALT CO(DIS)0163,378+163,378014,5860.43%+14,586
COCA COLA CO(KO)(Call)0260,000+260,000015,657+15,657
ISHARES INC(Put)0151,900+151,90009,627+9,627
CATERPILLAR INC(CAT)038,133+38,13309,3830.28%+9,383
JOHNSON & JOHNSON(JNJ)(Put)0172,200+172,200028,503+28,503
CASELLA WASTE SYS INC(CWST)0100,014+100,01409,0460.27%+9,046
JPMORGAN CHASE & CO(JPM)(Call)265,000299,300+34,30034,53243,530+8,998
REVANCE THERAPEUTICS INC000014,8260.44%+14,826
EXACT SCIENCES CORP000020,2700.60%+20,270
IRONWOOD PHARMACEUTICALS INC00032,59040,6171.20%+8,027
ORACLE CORP(ORCL)(Call)269,100277,300+8,20025,00533,024+8,019
INTERNATIONAL BUSINESS MACHS(IBM)(Put)0124,700+124,700016,686+16,686
TESLA INC(TSLA)033,063+33,06308,6550.26%+8,655
NATERA INC(NTRA)000027,3050.80%+27,305
KENVUE INC(KVUE)0300,957+300,95707,9510.23%+7,951
ABBVIE INC(ABBV)056,173+56,17307,5680.22%+7,568
PFIZER INC(PFE)0428,663+428,663015,7230.46%+15,723
IRONWOOD PHARMACEUTICALS INC000020,1840.59%+20,184
AKAMAI TECHNOLOGIES INC(AKAM)00029,81936,9951.09%+7,175
THERMO FISHER SCIENTIFIC INC(TMO)016,448+16,44808,5820.25%+8,582
SERVICENOW INC(NOW)(Put)039,700+39,700022,310+22,310
PEPSICO INC(PEP)(Put)0158,800+158,800029,413+29,413
ALTRIA GROUP INC(MO)(Put)0267,600+267,600012,122+12,122
INTERNATIONAL BUSINESS MACHS(IBM)(Call)083,600+83,600011,187+11,187
VISA INC(V)(Put)117,900138,700+20,80026,58232,938+6,357
WAYFAIR INC(W)000015,1780.45%+15,178
CUTERA INC00006,2630.18%+6,263
NIKE INC(NKE)070,422+70,42207,7720.23%+7,772
HOME DEPOT INC(HD)(Put)111,200125,600+14,40032,81739,016+6,199
3D SYS CORP DEL00006,0850.18%+6,085
ASCENDIS PHARMA A/S(ASND)00005,9310.17%+5,931
ISHARES INC(Call)091,500+91,50005,799+5,799
SNAP INC(SNAP)00005,5880.16%+5,588
I3 VERTICALS LLC00005,5460.16%+5,546
WISDOMTREE TR(WT)(Put)066,100+66,10005,503+5,503
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