SEC 13F Intelligence

Managers / Q1 2026

Capstone Capital Management Ltd

CIK 0002069260 · ROOM 4701-02&13, THE CENTER, 99 QUEEN'S ROAD CENTRAL, CENTRAL, HK, HONG KONG, 000000 · 852-39129988

Reported Value
$99M
Q1 2026
Positions
51
Filings on Record
2
2019–present window
Filed
Apr 30, 2026
original filing

Summary

Capstone Capital Management Ltd reported $99M in U.S.-listed holdings across 51 positions for Q1 2026.

Its largest position, INTC, represents 18.8% of the portfolio.

Compared with Q4 2025, the fund opened 28 new positions and exited 85.

Portfolio Metrics

Turnover
+66.1%
vs prior filed quarter
Top-10 Concentration
+62.8%
share of reported value
Largest Position
+18.8%
Intel
New / Exited
28 / 85
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’25: $104MQ4 ’25Q1 ’26: $99MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 83.0%ETP: 10.1%ADR: 6.9%
  • Common Stock · 83.0% · $82M
  • ETP · 10.1% · $10M
  • ADR · 6.9% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SNDKSANDISK CORPNEW+6.3K6.3K+$4M$4M
MUMICRON TECHNOLOGY INCNEW+11.5K11.5K+$4M$4M
LITELUMENTUM HLDGS INCNEW+4.3K4.3K+$3M$3M
COHRCOHERENT CORPNEW+10.0K10.0K+$2M$2M
RMBSRAMBUS INC DELNEW+23.3K23.3K+$2M$2M
LABDDIREXION SHS ETF TR DAILY S&P BIOTECNEW+100.3K100.3K+$2M$2M
AMKRAMKOR TECHNOLOGY INCNEW+35.8K35.8K+$2M$2M
SESEA LTD SPONSORD ADSNEW+19.5K19.5K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1INTCINTEL CORPhistory →COM18.84%$19M423.7K
2SNPSSYNOPSYS INChistory →COM14.59%$14M36.5K
3TSLATESLA INChistory →COM5.25%$5M14.0K
4PDDPDD HOLDINGS INC SPONSORED ADShistory →SPONSORED ADS4.31%$4M41.9K
5SNDKSANDISK CORPhistory →COM4.01%$4M6.3K
6MUMICRON TECHNOLOGY INChistory →COM3.92%$4M11.5K
7BARCLAYS BANK PLC IPATH S&P 500 SHIPATH S&P 500 SH3.19%$3M88.6K
8GOOGALPHABET INC CAP STK CL CCAP STK CL C · CAP STK CL A3.15%$3M10.9K
9LITELUMENTUM HLDGS INChistory →COM3.04%$3M4.3K
10PANWPALO ALTO NETWORKS INChistory →COM2.52%$2M15.6K
11COHRCOHERENT CORPhistory →COM2.41%$2M10.0K
12ORCLORACLE CORPhistory →COM2.26%$2M15.3K
13BABOEING COhistory →COM2.05%$2M17.3K
14RMBSRAMBUS INC DELhistory →COM2.02%$2M23.3K
15NRGNRG ENERGY INC COM NEWhistory →COM NEW1.97%$2M13.4K
16LABDDIREXION SHS ETF TR DAILY S&P BIOTEChistory →DAILY S&P BIOTEC1.65%$2M100.3K
17AMKRAMKOR TECHNOLOGY INChistory →COM1.62%$2M35.8K
18SESEA LTD SPONSORD ADShistory →SPONSORD ADS1.62%$2M19.5K
19XLPSELECT SECTOR SPDR TR SBI CONS STPLShistory →STATE STREET CON1.61%$2M19.5K
20CRWVCOREWEAVE INC COM CL Ahistory →COM CL A1.41%$1M18.1K
21METAMETA PLATFORMS INC CL Ahistory →CL A1.35%$1M2.3K
22BSXBOSTON SCIENTIFIC CORPhistory →COM1.23%$1M41.2K
23WVEWAVE LIFE SCIENCES LTDhistory →SHS1.05%$1M144.0K
24ASAMER SPORTS INC COM SHShistory →COM SHS1.01%$1M30.6K
25DBX ETF TR XTRACK HRVST CSIXTRACK HRVST CSI1.00%$993,88830.4K
26ARWRARROWHEAD PHARMACEUTICALS INCCOM0.99%$986,89815.7K
27NVONOVO-NORDISK A S ADRADR0.94%$934,70025.4K
28EWYISHARES INC MSCI STH KOR ETFMSCI STH KOR ETF0.92%$910,2747.4K
29JCIJOHNSON CTLS INTL PLCSHS0.84%$838,0806.4K
30PFEPFIZER INCCOM0.84%$833,10629.7K
31IONSIONIS PHARMACEUTICALS INCCOM0.84%$832,42521.4K
32BROSDUTCH BROS INC CL ACL A0.59%$587,35211.6K
33ALNYALNYLAM PHARMACEUTICALS INCCOM0.59%$584,6471.8K
34NKENIKE INC CL BCL B0.57%$562,53310.7K
35EWZISHARES INC MSCI BRAZIL ETFMSCI BRAZIL ETF0.50%$499,07013.0K
36EWCISHARES INC MSCI CDA ETFMSCI CDA ETF0.50%$493,1109.0K
37TAT&T INCCOM0.48%$481,23416.6K
38BMYBRISTOL-MYERS SQUIBB COCOM0.45%$447,5977.4K
39ADBEADOBE INCCOM0.45%$444,1071.8K
40EAELECTRONIC ARTS INCCOM0.45%$442,6022.2K
41CLCOLGATE PALMOLIVE COCOM0.44%$438,8495.1K
42SMMTSUMMIT THERAPEUTICS INCCOM0.44%$438,84823.1K
43SDOWPROSHARES TR ULTRAPRO SRT DOWULTRAPRO SRT DOW0.44%$435,86512.4K
44CMGCHIPOTLE MEXICAN GRILL INCCOM0.35%$346,02810.8K
45ITBISHARES TR US HOME CONS ETFUS HOME CONS ETF0.28%$278,3513.1K
46AAPLAPPLE INCCOM0.26%$262,9261.0K
47PGPROCTER AND GAMBLE COCOM0.22%$216,6601.5K
48CWENCLEARWAY ENERGY INC CL CCL C0.21%$204,3085.2K
49CAGCONAGRA BRANDS INCCOM0.17%$172,92011.0K
50AESAES CORPCOM0.17%$169,08012.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$99M51Apr 30, 202613F-HRchanges · EDGAR ↗
Q4 2025$104M108Feb 6, 202613F-HRchanges · EDGAR ↗

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 ↗.