Capstone Capital LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 22, 2026), Capstone Capital LLC reported 20 stock positions worth $153.9 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 46.7% of the portfolio, followed by Dimensional International (DFIC, 23.8%) and Dimensional Emrg MRKT Core (DFEM, 11.4%). Compared with Q3 2025, it sold out of 5, added to 4 and reduced 12. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +5%) and the biggest sale Dimensional International (DFIC, shares −4%).
- Most Recent 13F
- Q2 2026
- Location
- HENDERSON, NV
- CIK
- 0001993327
- Portfolio Value
- $153.9M (Q4 2025)
- SEC Filing
- 0001214659-26-000725 ↗ filed Jan 22, 2026
Holdings Value
Holdings 20 stocks · $153.9M
| DFAC Dimensional US Core Equity 2 | 46.70% | 1,815,402 | $71.9M | Add +5.4% |
| DFIC Dimensional International Co. | 23.83% | 1,064,522 | $36.7M | Reduce -3.8% |
| DFEM Dimensional Emrg MRKT Core | 11.37% | 529,203 | $17.5M | Reduce -2.7% |
| VCSH Vanguard S/T Corp. Bond ETF | 7.80% | 150,484 | $12.0M | Add +7.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 5.81% | 177,817 | $8.9M | Add +0.5% |
| AAPL Apple Inc. | 0.50% | 2,807 | $763K | Reduce -25.6% |
| VCIT Vanguard Int-Term Corporate | 0.48% | 8,811 | $738K | Reduce -7.6% |
| MSFT Microsoft Corp. | 0.43% | 1,378 | $666K | Reduce -31.6% |
| LVS Las Vegas Sands Corp. | 0.43% | 10,149 | $661K | Reduce -0.4% |
| BAB Invesco Taxable Municipal Bo | 0.42% | 23,652 | $643K | Add +1077.3% |
| NVDA Nvidia Corp. | 0.39% | 3,252 | $606K | Reduce -38.1% |
| MUB iShares National Muni Bond E | 0.30% | 4,370 | $468K | Reduce -5.5% |
| SUB iShares Short-Term National | 0.25% | 3,632 | $388K | No change |
| GOOGL Alphabet Inc. Class A | 0.24% | 1,201 | $376K | Reduce -29.1% |
| AMZN Amazon.com Inc. | 0.20% | 1,363 | $315K | Reduce -22.1% |
| MMU Western Asset Managed Munici | 0.20% | 29,450 | $307K | No change |
| DFUS Dimensional US Eq MKT ETF | 0.20% | 4,133 | $307K | No change |
| GOOG Alphabet Inc. Class C | 0.16% | 789 | $248K | Reduce -29.9% |
| XMHQ Invesco S&P Midcap Qual ETF | 0.14% | 2,130 | $218K | No change |
| IVV iShares Core S&P 500 ETF | 0.13% | 300 | $205K | Reduce -2.3% |
Portfolio Sells Q3 2025 → Q4 2025
| DFIC Dimensional International Co. | Reduce -3.8% | 23.83% | −0.40 |
| DFEM Dimensional Emrg MRKT Core | Reduce -2.7% | 11.37% | −0.28 |
| MSFT Microsoft Corp. | Reduce -31.6% | 0.43% | −0.26 |
| NVDA Nvidia Corp. | Reduce -38.1% | 0.39% | −0.26 |
| AVGO Broadcom Inc. | Sold out | 0.00% | −0.24 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −0.23 |
| CVX Chevron Corp. | Sold out | 0.00% | −0.17 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.16 |
| AAPL Apple Inc. | Reduce -25.6% | 0.50% | −0.15 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.14 |
| VCIT Vanguard Int-Term Corporate | Reduce -7.6% | 0.48% | −0.06 |
| AMZN Amazon.com Inc. | Reduce -22.1% | 0.20% | −0.05 |
| GOOGL Alphabet Inc. Class A | Reduce -29.1% | 0.24% | −0.03 |
| MUB iShares National Muni Bond E | Reduce -5.5% | 0.30% | −0.02 |
| GOOG Alphabet Inc. Class C | Reduce -29.9% | 0.16% | −0.02 |
| IVV iShares Core S&P 500 ETF | Reduce -2.3% | 0.13% | −0.00 |
| LVS Las Vegas Sands Corp. | Reduce -0.4% | 0.43% | +0.06 |
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 26 | $175.1M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2026 | 22 | $155.3M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q4 2025 | 20 | $153.9M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q3 2025 | 25 | $149.6M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q2 2025 | 22 | $137.8M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2025 | 23 | $124.7M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q4 2024 | 24 | $122.3M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q3 2024 | 25 | $120.5M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q2 2024 | 21 | $111.9M | DFAC, DFIC, DFEM, VCSH, VTEB |
| Q1 2024 | 21 | $115.8M | DFAC, DFIC, DFEM, VCSH, LLAP |