SEC 13F Intelligence

Managers / Q2 2025 · view latest →

CAPSTONE INVESTMENT ADVISORS, LLC

CIK 0001426196 · 7 WORLD TRADE CENTER, 250 GREENWICH STREET, 32ND FLOOR, NEW YORK, NY, 10007 · (212) 232-1420

Reported Value
$40.4B
Q2 2025
Positions
1,556
Filings on Record
40
2019–present window
Filed
Aug 14, 2025
original filing

Summary

Capstone Investment Advisors, Llc reported $40.4B in U.S.-listed holdings across 1,556 positions for Q2 2025.

Its largest position, NVDA, represents 3.7% of the portfolio.

Compared with Q1 2025, the fund opened 386 new positions and exited 123.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $8.1BQ4 ’18Q1 ’19: $10.9BQ2 ’19: $10.9BQ3 ’19: $14.6BQ4 ’19: $18.5BQ4 ’19Q1 ’20: $6.2BQ2 ’20: $15.1BQ3 ’20: $19.6BQ4 ’20: $29.9BQ4 ’20Q1 ’21: $34.1BQ2 ’21: $44.0BQ3 ’21: $50.5BQ4 ’21: $59.8BQ4 ’21Q1 ’22: $36.4BQ2 ’22: $20.5BQ3 ’22: $16.6BQ4 ’22: $13.74TQ4 ’22Q1 ’23: $19.8BQ2 ’23: $20.2BQ3 ’23: $22.2BQ4 ’23: $33.2BQ4 ’23Q1 ’24: $27.8BQ2 ’24: $31.9BQ3 ’24: $32.9BQ4 ’24: $41.4BQ4 ’24Q1 ’25: $37.8BQ2 ’25: $40.4BQ3 ’25: $53.7BQ4 ’25: $51.1BQ4 ’25Q1 ’26: $57.4Bfilingsflow.com

Portfolio Composition

By security type

Composition data arrives with ticker enrichment.

Quarter-over-Quarter Changes full breakdown →

Holdings — Q2 2025

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#IssuerClass% PortfolioValueShares

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$57.4B1,558May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$51.1B1,530Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$53.7B1,889Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$40.4B1,556Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$37.8B1,317May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$41.4B1,824Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$32.9B1,886Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$31.9B2,031Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$27.8B2,306May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$33.2B2,073Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$22.2B2,081Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$20.2B1,824Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$19.8B1,542May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022$13.74T1,493Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$16.6B1,642Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$20.5B1,805Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$36.4B2,076May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$59.8B1,848Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$50.5B1,999Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$44.0B1,599Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$34.1B1,616May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$29.9B1,658Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$19.6B1,384Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$15.1B1,306Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$6.2B1,107May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$18.5B1,375Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$14.6B1,342Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$10.9B1,282Aug 15, 2019RESTATEMENTchanges · EDGAR ↗
Q1 2019$10.9B1,146May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$8.1B1,239Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Capstone Investment Advisors (UK), LLP

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.