Capstone Investment Advisors, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Capstone Investment Advisors, LLC reported 782 stock positions worth $9.0 billion. Its top holding was Amazon.com (AMZN) at 13.4% of the portfolio, followed by Microsoft (MSFT, 11.4%) and iShares Core S&P 500 ETF (IVV, 11.3%). Compared with Q4 2025, it opened 313 new positions, sold out of 250, added to 237 and reduced 207. The biggest buy was Microsoft (MSFT, shares +284%) and the biggest sale Nvidia (NVDA, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001426196
- Portfolio Value
- $9.0B (Q1 2026)
- SEC Filing
- 0001426196-26-000003 ↗ filed May 15, 2026
Holdings Value
Holdings 782 stocks · $9.0B
| AMZN Amazon.com Inc. | 13.35% | 5,769,310 | $1.2B | Add +116.1% |
| MSFT Microsoft Corp. | 11.41% | 2,773,897 | $1.0B | Add +284.0% |
| IVV iShares Core S&P 500 ETF | 11.31% | 1,557,834 | $1.0B | Reduce -12.5% |
| NVDA Nvidia Corp. | 7.78% | 4,015,308 | $700.3M | Reduce -53.2% |
| TSLA Tesla Inc. | 6.01% | 1,454,100 | $540.6M | Add +59.1% |
| VOO Vanguard S&P 500 ETF | 5.68% | 855,335 | $511.1M | Add +3.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 4.29% | 593,324 | $385.9M | Add +245.6% |
| WBD Warner Bros Discovery Inc. | 3.11% | 10,205,000 | $280.2M | Add +172.1% |
| AAPL Apple Inc. | 2.78% | 986,365 | $250.3M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 2.67% | 838,609 | $240.6M | Reduce -9.9% |
| GOOGL Alphabet Inc. Class A | 2.19% | 684,171 | $196.7M | Reduce -75.2% |
| META Meta Platforms Inc. Class A | 2.16% | 339,072 | $194.0M | Reduce -30.7% |
| AMD Advanced Micro Devices | 1.62% | 715,929 | $145.6M | Reduce -71.0% |
| ORCL Oracle Corp. | 1.45% | 884,183 | $130.1M | Add +76.6% |
| AVGO Broadcom Inc. | 1.30% | 377,895 | $117.0M | Reduce -7.0% |
| XLE SS Energy Select Sector | 0.79% | 1,163,460 | $71.3M | Reduce -2.9% |
| WBS Webster Financial Corp. | 0.66% | 849,500 | $59.0M | New |
| GXO Gxo Logistics Inc. | 0.56% | 964,467 | $50.0M | Reduce -1.1% |
| EA Electronic Arts Inc. | 0.53% | 235,000 | $47.9M | New |
| PLTR Palantir Technologies Inc. Class A | 0.52% | 320,818 | $46.9M | Add +472.3% |
| KVUE Kenvue Inc. | 0.51% | 2,664,593 | $45.9M | Reduce -47.6% |
| EEM iShares MSCI Emerging Market | 0.46% | 728,967 | $41.4M | Reduce -5.5% |
| FXI iShares China Large-Cap ETF | 0.42% | 1,046,789 | $37.6M | Add +2433.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.41% | 151,717 | $36.8M | Add +3520.1% |
| AA Alcoa Corp. | 0.40% | 543,665 | $36.1M | New |
| KEX Kirby Corp. | 0.39% | 263,609 | $35.0M | Reduce -26.4% |
| GTLS Chart Industries Inc. | 0.37% | 163,000 | $33.7M | New |
| J Jacobs Solutions Inc. | 0.35% | 249,968 | $31.8M | Reduce -0.3% |
| KBR KBR Inc. | 0.29% | 719,413 | $26.5M | Reduce -8.2% |
| KRE SS SPDR S&P Regional Bank | 0.28% | 381,043 | $24.8M | Add +49.8% |
| UBER Uber Technologies Inc. | 0.25% | 310,031 | $22.3M | Add +74.3% |
| LULU Lululemon Athletica Inc. | 0.25% | 144,317 | $22.1M | Add +113.0% |
| FLR Fluor Corp. | 0.24% | 471,937 | $22.0M | Reduce -21.3% |
| ADBE Adobe Inc. | 0.23% | 84,715 | $20.6M | Add +141.7% |
| MA Mastercard Inc. Class A | 0.22% | 40,342 | $20.2M | Add +95.2% |
| RS Reliance Inc. | 0.21% | 61,560 | $18.7M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.20% | 31,488 | $18.2M | Add +1124.3% |
| MU Micron Technology Inc. | 0.20% | 53,392 | $18.0M | Add +600.9% |
| CME Cme Group Inc. | 0.20% | 60,620 | $17.9M | Add +1.0% |
| HOOD Robinhood Markets Inc. Class A | 0.20% | 256,054 | $17.7M | Add +535.1% |
| CRWV Coreweave Inc. Class A | 0.20% | 227,131 | $17.6M | Add +28.7% |
| CEG Constellation Energy | 0.19% | 60,485 | $16.9M | Add +628.3% |
| PANW Palo Alto Networks Inc. | 0.18% | 103,791 | $16.6M | Add +300.0% |
| CWAN Clearwater Analytics HDS-A | 0.18% | 700,000 | $16.6M | New |
| TSM Taiwan Semiconductor-SP ADR | 0.18% | 47,648 | $16.1M | Reduce -76.1% |
| EXPD Expeditors Intl Wash Inc. | 0.18% | 111,151 | $15.9M | New |
| WLK Westlake Corp. | 0.18% | 135,808 | $15.9M | Add +4254.2% |
| VST Vistra Corp. | 0.17% | 104,493 | $15.7M | Add +75.5% |
| JPM JPMorgan Chase & Co. | 0.16% | 50,444 | $14.8M | Add +6408.9% |
| QCOM Qualcomm Inc. | 0.16% | 115,081 | $14.8M | Add +309.9% |
| EFA iShares MSCI Eafe ETF | 0.16% | 149,910 | $14.6M | New |
| BX Blackstone Inc. | 0.16% | 125,947 | $14.5M | Add +143.3% |
| FLS Flowserve Corp. | 0.16% | 196,075 | $14.4M | Reduce -71.6% |
| BA The Boeing Co. | 0.16% | 71,006 | $14.1M | Add +530.4% |
| CL Colgate-Palmolive Co. | 0.16% | 165,075 | $14.1M | Add +318.4% |
| CTRA Coterra Energy Inc. | 0.15% | 389,819 | $13.7M | New |
| XLK SS Technology Select Sector | 0.15% | 101,046 | $13.4M | Add +111.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.14% | 27,107 | $13.0M | New |
| KKR KKR & Co. Inc. | 0.14% | 138,291 | $12.8M | Add +267.0% |
| V Visa Inc. Class A | 0.14% | 41,189 | $12.4M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 242,897 | $11.8M | Add +867.0% |
| FOX Fox Corp. Class B | 0.12% | 200,000 | $10.6M | Reduce -81.8% |
| APO Apollo Global Management Inc. | 0.11% | 92,743 | $10.3M | Add +425.5% |
| LYB Lyondellbasell Indu Class A | 0.11% | 125,400 | $10.1M | Add +548.9% |
| APLS Apellis Pharmaceuticals Inc. | 0.11% | 250,000 | $10.1M | New |
| COIN Coinbase Global Inc. Class A | 0.11% | 56,458 | $9.9M | Add +40.8% |
| SBUX Starbucks Corp. | 0.11% | 109,993 | $9.9M | Add +93.7% |
| NFLX Netflix Inc. | 0.11% | 102,385 | $9.8M | Reduce -79.0% |
| NOW ServiceNow Inc. | 0.11% | 94,119 | $9.8M | Add +348.1% |
| INTC Intel Corp. | 0.11% | 221,755 | $9.8M | Add +57.4% |
| VAL Valaris Ltd. | 0.11% | 99,643 | $9.8M | New |
| COF Capital One Financial Corp. | 0.11% | 51,848 | $9.5M | New |
| WFC Wells Fargo & Co. | 0.10% | 116,357 | $9.3M | Add +636.9% |
| PM Philip Morris International | 0.10% | 55,613 | $9.2M | New |
| EWY iShares MSCI South Korea ETF | 0.10% | 74,678 | $9.2M | Add +1597.6% |
| FPS Forgent Power Solutions Class A | 0.10% | 300,000 | $8.8M | New |
| ACM Aecom | 0.09% | 100,146 | $8.5M | New |
| ABT Abbott Laboratories | 0.09% | 80,259 | $8.2M | Add +275.2% |
| INTU Intuit Inc. | 0.09% | 18,949 | $8.2M | Add +254.1% |
| HOLX Hologic Inc. | 0.09% | 108,000 | $8.2M | Reduce -67.9% |
| ASA ASA Gold and Precious Metals | 0.09% | 129,134 | $8.0M | Reduce -13.6% |
| MSTR Strategy Inc. | 0.09% | 63,394 | $7.9M | Add +19.1% |
| MRVL Marvell Technology Inc. | 0.08% | 76,197 | $7.5M | Reduce -43.4% |
| XBI SS SPDR S&P Biotech ETF | 0.08% | 57,915 | $7.4M | Add +15.7% |
| XGDVX Gabelli Dividend & Income TR | 0.08% | 262,242 | $7.1M | No change |
| MNST Monster Beverage Corp. | 0.08% | 97,305 | $7.1M | Add +186.8% |
| PG The Procter & Gamble Co. | 0.08% | 48,355 | $7.0M | Add +70.3% |
| NFJ Virtus DVD Intrst & PRM STR | 0.07% | 526,672 | $6.6M | No change |
| NBXG Neuberger Next Generation Co. | 0.07% | 488,681 | $6.3M | Add +2.3% |
| RTX RTX Corp. | 0.07% | 31,403 | $6.1M | Add +1440.9% |
| HD Home Depot Inc. | 0.07% | 18,365 | $6.0M | Reduce -8.3% |
| CMG Chipotle Mexican Grill Inc. | 0.07% | 183,695 | $5.9M | Reduce -0.1% |
| BTI British American Tob-SP ADR | 0.06% | 96,000 | $5.6M | New |
| GS Goldman Sachs Group Inc. | 0.06% | 6,443 | $5.5M | Add +138.1% |
| HWM Howmet Aerospace Inc. | 0.06% | 23,495 | $5.4M | New |
| SPGI S&P Global Inc. | 0.06% | 12,401 | $5.3M | Add +502.9% |
| LHX L3HARRIS Technologies Inc. | 0.06% | 15,249 | $5.3M | Add +587.5% |
| TECK Teck Resources Ltd.-CLS B | 0.06% | 100,000 | $5.2M | New |
| BUD Anheuser-Busch Inbev-SPN ADR | 0.06% | 74,000 | $5.1M | New |
| DAWN Day One Biopharmaceuticals I | 0.06% | 236,000 | $5.1M | New |
Options reported separately and not counted above: SPY puts ($10.0B), QQQ puts ($9.7B), QQQ calls ($5.6B), AMZN puts ($1.5B), NVDA puts ($1.4B), MSFT puts ($1.3B), AAPL puts ($877.3M), TSLA puts ($807.0M), SPY calls ($737.4M), LQD puts ($556.8M), GOOG puts ($530.4M), GOOGL puts ($489.8M), and 690 more.
Other holdings (74): bonds, preferreds, convertibles and warrants · $3.1B (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | 74,347,000 | $752.7M | Add +33.3% |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | 80,500,000 | $576.5M | Add +36.4% |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | 52,388,000 | $187.3M | Reduce -99.4% |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | 34,532,000 | $134.8M | Add +53.3% |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | 91,250,000 | $107.0M | Add +7.3% |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | 54,372,000 | $98.0M | Add +78.3% |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | 27,000,000 | $80.8M | Add +12.5% |
| CNX RESOURCES CORP (CNX 2.25 05/01/26) | NOTE 2.250% 5/0 · principal | 23,604,000 | $72.2M | No change |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | 41,411,000 | $61.2M | Add +25.4% |
| PROGRESS SOFTWARE CORP (PRGS 1 04/15/26) | NOTE 1.000% 4/1 · principal | 54,019,000 | $54.0M | No change |
| CYTOKINETICS INC (CYTK 4 11/15/26) | NOTE 4.000%11/1 · principal | 8,631,000 | $53.9M | No change |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | 54,243,000 | $52.3M | Add +55.0% |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | 34,659,000 | $51.0M | Add +34.6% |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | 52,500,000 | $51.0M | Add +28.1% |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | 53,390,000 | $50.4M | Add +36.9% |
| XERIS BIOPHARMA HOLDINGS (XERS 8 07/15/28) | NOTE 8.000% 7/1 · principal | 23,074,000 | $47.2M | No change |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | 31,200,000 | $41.6M | Add +24.8% |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | 30,000,000 | $40.5M | Add +42.9% |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | 41,762,000 | $39.7M | Add +23.7% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | 32,871,000 | $39.6M | Add +37.7% |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | 26,979,000 | $30.9M | Reduce -38.7% |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | 31,000,000 | $30.4M | Add +82.3% |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 16,000,000 | $23.8M | Add +28.0% |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | 21,000,000 | $22.8M | Add +61.5% |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | 26,327,000 | $22.4M | Add +27.9% |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | 20,500,000 | $21.0M | Add +24.2% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | 20,904,000 | $20.7M | Add +109.7% |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | 18,500,000 | $20.1M | Add +23.3% |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | 11,500,000 | $19.8M | Add +187.5% |
| ALPHATEC HOLDINGS INC (ATEC 0.75 03/15/30) | NOTE 0.750% 3/1 · principal | 18,800,000 | $19.3M | New |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | 15,000,000 | $18.5M | Add +7.1% |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | 16,500,000 | $18.3M | Add +43.5% |
| FIRSTENERGY CORP (FE 4 05/01/26) | NOTE 4.000% 5/0 · principal | 16,000,000 | $17.5M | No change |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | 14,110,000 | $16.4M | Reduce -56.7% |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | 17,500,000 | $15.5M | Add +16.7% |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | 13,000,000 | $15.0M | Add +62.5% |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | 12,666,000 | $12.3M | Reduce -13.6% |
| MAKEMYTRIP LIMITED (MMYT 0 02/15/28) | NOTE 2/1 · principal | 10,000,000 | $11.7M | No change |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | 10,000,000 | $11.5M | Reduce -20.0% |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | 14,000,000 | $10.7M | Add +40.0% |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | 10,664,000 | $10.0M | New |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | 10,000,000 | $10.0M | Add +100.0% |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | 9,250,000 | $9.4M | New |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | 10,000,000 | $9.2M | Reduce -28.6% |
| GUARDANT HEALTH INC (GH 0 11/15/27) | NOTE 11/1 · principal | 8,745,000 | $9.0M | Add +223.9% |
| ORACLE CORP (ORCL 6.5 01/15/29 D) | 6.5 DEP CUM SR D · principal | 170,030,000 | $9.0M | New |
| RIVIAN AUTO INC (RIVN 3.625 10/15/30) | NOTE 3.625%10/1 · principal | 8,500,000 | $8.2M | Add +21.4% |
| ITRON INC (ITRI 1.375 07/15/30) | NOTE 1.375% 7/1 · principal | 7,500,000 | $7.6M | Add +50.0% |
| CYTOKINETICS INC (CYTK 3.5 07/01/27) | NOTE 3.500% 7/0 · principal | 5,000,000 | $7.3M | No change |
| STRATEGY INC (MSTR 0 12/01/29) | NOTE 12/0 · principal | 8,500,000 | $7.1M | No change |
| STRATEGY INC (MSTR 0 03/01/30) | NOTE 3/0 · principal | 7,975,000 | $7.0M | New |
| JETBLUE AIRWAYS CORP (JBLU 2.5 09/01/29) | NOTE 2.500% 9/0 · principal | 6,500,000 | $6.3M | Add +30.0% |
| PACIRA BIOSCIENCES INC (PCRX 2.125 05/15/29) | NOTE 2.125% 5/1 · principal | 5,000,000 | $4.8M | No change |
| INTEGER HOLDINGS CORP (ITGR 1.875 03/15/30) | DBCV 1.875% 3/1 · principal | 5,000,000 | $4.8M | New |
| ACCURAY INC (ARAY 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | 4,500,000 | $4.3M | No change |
| PORCH GROUP INC (PRCH 9 05/15/30) | DEBT 9.000% 5/1 · principal | 3,750,000 | $4.0M | Add +25.0% |
| ZENAS BIOPHARMA INC (ZBIO 2.5 04/01/32) | NOTE 2.500% 4/0 · principal | 3,500,000 | $3.6M | New |
| BANDWIDTH INC (BAND 0.5 04/01/28) | NOTE 0.500% 4/0 · principal | 4,000,000 | $3.6M | No change |
| NEOGENOMICS INC (NEO 0.25 01/15/28) | NOTE 0.250% 1/1 · principal | 3,708,000 | $3.4M | No change |
| CARDLYTICS INC (CDLX 4.25 04/01/29) | NOTE 4.250% 4/0 · principal | 11,145,000 | $3.2M | Add +21.9% |
| LEMAITRE VASCULAR INC (LMAT 2.5 02/01/30) | NOTE 2.500% 2/0 · principal | 2,500,000 | $2.8M | No change |
| CELCUITY INC (CELC 2.75 08/01/31) | NOTE 2.750% 8/0 · principal | 1,000,000 | $2.4M | New |
| INOTIV INC (NOTV 3.25 10/15/27) | NOTE 3.250%10/1 · principal | 9,510,000 | $2.3M | No change |
| JOBY AVIATION INC (JOBY 0.75 02/15/32) | NOTE 0.750% 2/1 · principal | 2,500,000 | $2.1M | New |
| SUPER MICRO COMPUTER INC (SMCI 3.5 03/01/29) | NOTE 3.500% 3/0 · principal | 2,500,000 | $2.0M | Reduce -28.6% |
| PAGAYA TECHNOLOGIES LTD (PGY 6.125 10/01/29) | NOTE 6.125%10/0 · principal | 1,500,000 | $1.7M | New |
| AFFIRM HOLDINGS INC (AFRM 0 11/15/26) | NOTE 11/1 · principal | 1,400,000 | $1.4M | No change |
| GOSSAMER BIO INC (GOSS 5 06/01/27) | NOTE 5.000% 6/0 · principal | 3,000,000 | $1.2M | Reduce -25.0% |
| EVOLENT HEALTH INC | DEBT 4.500% 8/1 · principal | 1,000,000 | $502K | New |
| WOLFSPEED INC (WOLF 2.5 06/15/31) | NOTE 2.500% 6/1 · principal | 171,000 | $245K | No change |
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 43,778 | $169K | No change |
| OPENW Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 10,435 | $6K | New |
| OPENL Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 10,435 | $3K | New |
| OPENZ Opendoor Technologies Inc.-26 | *W EXP 11/20/202 | 10,435 | $2K | New |
Total filed on the 13F, all lines: $12.1B.
Portfolio Sells Q4 2025 → Q1 2026
| NVDA Nvidia Corp. | Reduce -53.2% | 7.78% | −8.46 |
| GOOGL Alphabet Inc. Class A | Reduce -75.2% | 2.19% | −6.58 |
| AMD Advanced Micro Devices | Reduce -71.0% | 1.62% | −3.75 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −1.44 |
| META Meta Platforms Inc. Class A | Reduce -30.7% | 2.16% | −1.12 |
| IVV iShares Core S&P 500 ETF | Reduce -12.5% | 11.31% | −1.07 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.75 |
| DAY Dayforce Inc. | Sold out | 0.00% | −0.71 |
| XOP SS SPDR S&P Og Exp & Prod | Sold out | 0.00% | −0.61 |
| FOX Fox Corp. Class B | Reduce -81.8% | 0.12% | −0.61 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.55 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.46 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -76.1% | 0.18% | −0.44 |
| KVUE Kenvue Inc. | Reduce -47.6% | 0.51% | −0.38 |
| NFLX Netflix Inc. | Reduce -79.0% | 0.11% | −0.35 |
| FLS Flowserve Corp. | Reduce -71.6% | 0.16% | −0.33 |
| GOOG Alphabet Inc. Class C | Reduce -9.9% | 2.67% | −0.29 |
| NSC Norfolk Southern Corp. | Reduce -96.8% | 0.01% | −0.29 |
| FDX FedEx Corp. | Reduce -98.3% | 0.01% | −0.29 |
| R Ryder System Inc. | Sold out | 0.00% | −0.28 |
| MUB iShares National Muni Bond E | Sold out | 0.00% | −0.26 |
| EXAS Exact Sciences Corp. | Sold out | 0.00% | −0.26 |
| CSTM Constellium SE | Sold out | 0.00% | −0.23 |
| FOLD Amicus Therapeutics Inc. | Reduce -85.6% | 0.04% | −0.22 |
| MTZ Mastec Inc. | Sold out | 0.00% | −0.22 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.21 |
| MDLN Medline Inc. Class A | Reduce -98.6% | 0.00% | −0.21 |
| SJNK SS SPDR BB St Hi Yield ETF | Sold out | 0.00% | −0.20 |
| IGIB iShares 5-10Y Inv Grade Corp. | Sold out | 0.00% | −0.18 |
| ECHO Echostar Corp. Class A | Sold out | 0.00% | −0.17 |
| JNK SS SPDR BB High Yield Bond | Sold out | 0.00% | −0.16 |
| HOLX Hologic Inc. | Reduce -67.9% | 0.09% | −0.16 |
| SHYG iShares 0-5 YR HY Corp. Bond | Sold out | 0.00% | −0.15 |
| NTST Netstreit Corp. | Sold out | 0.00% | −0.14 |
| AVGO Broadcom Inc. | Reduce -7.0% | 1.30% | −0.13 |
| LBRDK Liberty Broadband-C | Sold out | 0.00% | −0.13 |
| ACN Accenture PLC Class A | Reduce -96.2% | 0.00% | −0.11 |
| HYD Vaneck High Yield Muni ETF | Sold out | 0.00% | −0.11 |
| TXN Texas Instruments Inc. | Reduce -80.5% | 0.03% | −0.10 |
| NGD New Gold Inc. | Sold out | 0.00% | −0.10 |
| SUNC Sunococorp LLC | Sold out | 0.00% | −0.08 |
| ARM Arm Holdings PLC-ADR | Reduce -93.5% | 0.01% | −0.07 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Sold out | 0.00% | −0.07 |
| RIO Rio Tinto PLC-Spon ADR | Sold out | 0.00% | −0.07 |
| VRT Vertiv Holdings Co. Class A | Reduce -86.4% | 0.02% | −0.06 |
| CHKP Check Point Software Tech | Sold out | 0.00% | −0.06 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.05 |
| TMUS T-Mobile US Inc. | Reduce -92.0% | 0.01% | −0.05 |
| LOW Lowe's Cos Inc. | Sold out | 0.00% | −0.05 |
| AIG American International Group | Reduce -90.3% | 0.01% | −0.05 |
Portfolio Buys Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Add +284.0% | 11.41% | +7.86 |
| AMZN Amazon.com Inc. | Add +116.1% | 13.35% | +7.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +245.6% | 4.29% | +3.10 |
| WBD Warner Bros Discovery Inc. | Add +172.1% | 3.11% | +2.02 |
| TSLA Tesla Inc. | Add +59.1% | 6.01% | +1.84 |
| WBS Webster Financial Corp. | New | 0.66% | +0.66 |
| EA Electronic Arts Inc. | New | 0.53% | +0.53 |
| ORCL Oracle Corp. | Add +76.6% | 1.45% | +0.45 |
| PLTR Palantir Technologies Inc. Class A | Add +472.3% | 0.52% | +0.42 |
| FXI iShares China Large-Cap ETF | Add +2433.1% | 0.42% | +0.40 |
| AA Alcoa Corp. | New | 0.40% | +0.40 |
| VOO Vanguard S&P 500 ETF | Add +3.1% | 5.68% | +0.40 |
| IBM Intl Business Machines Corp. | Add +3520.1% | 0.41% | +0.40 |
| GTLS Chart Industries Inc. | New | 0.37% | +0.37 |
| RS Reliance Inc. | New | 0.21% | +0.21 |
| QQQ Invesco QQQ Trust Series 1 | Add +1124.3% | 0.20% | +0.19 |
| CWAN Clearwater Analytics HDS-A | New | 0.18% | +0.18 |
| MU Micron Technology Inc. | Add +600.9% | 0.20% | +0.18 |
| EXPD Expeditors Intl Wash Inc. | New | 0.18% | +0.18 |
| WLK Westlake Corp. | Add +4254.2% | 0.18% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +6408.9% | 0.16% | +0.16 |
| EFA iShares MSCI Eafe ETF | New | 0.16% | +0.16 |
| CEG Constellation Energy | Add +628.3% | 0.19% | +0.16 |
| CTRA Coterra Energy Inc. | New | 0.15% | +0.15 |
| HOOD Robinhood Markets Inc. Class A | Add +535.1% | 0.20% | +0.15 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.14% | +0.14 |
| V Visa Inc. Class A | New | 0.14% | +0.14 |
| PANW Palo Alto Networks Inc. | Add +300.0% | 0.18% | +0.14 |
| BA The Boeing Co. | Add +530.4% | 0.16% | +0.13 |
| CL Colgate-Palmolive Co. | Add +318.4% | 0.16% | +0.12 |
| BAC Bank of America Corp. | Add +867.0% | 0.13% | +0.12 |
| QCOM Qualcomm Inc. | Add +309.9% | 0.16% | +0.12 |
| APLS Apellis Pharmaceuticals Inc. | New | 0.11% | +0.11 |
| KRE SS SPDR S&P Regional Bank | Add +49.8% | 0.28% | +0.11 |
| VAL Valaris Ltd. | New | 0.11% | +0.11 |
| COF Capital One Financial Corp. | New | 0.11% | +0.11 |
| ADBE Adobe Inc. | Add +141.7% | 0.23% | +0.10 |
| MA Mastercard Inc. Class A | Add +95.2% | 0.22% | +0.10 |
| LYB Lyondellbasell Indu Class A | Add +548.9% | 0.11% | +0.10 |
| LULU Lululemon Athletica Inc. | Add +113.0% | 0.25% | +0.10 |
| PM Philip Morris International | New | 0.10% | +0.10 |
| UBER Uber Technologies Inc. | Add +74.3% | 0.25% | +0.10 |
| EWY iShares MSCI South Korea ETF | Add +1597.6% | 0.10% | +0.10 |
| FPS Forgent Power Solutions Class A | New | 0.10% | +0.10 |
| ACM Aecom | New | 0.09% | +0.09 |
| KKR KKR & Co. Inc. | Add +267.0% | 0.14% | +0.09 |
| APO Apollo Global Management Inc. | Add +425.5% | 0.11% | +0.09 |
| WFC Wells Fargo & Co. | Add +636.9% | 0.10% | +0.09 |
| BX Blackstone Inc. | Add +143.3% | 0.16% | +0.08 |
| XLK SS Technology Select Sector | Add +111.1% | 0.15% | +0.08 |
Options Activity Q4 2025 → Q1 2026
| SPY SS SPDR S&P 500 ETF Trust-US | put | Reduce -21.4% | 15,366,400 | $10.0B |
| QQQ Invesco QQQ Trust Series 1 | put | Add +230.5% | 16,859,400 | $9.7B |
| QQQ Invesco QQQ Trust Series 1 | call | Add +318.8% | 9,756,800 | $5.6B |
| AMZN Amazon.com Inc. | put | Add +83.2% | 7,180,600 | $1.5B |
| NVDA Nvidia Corp. | put | Reduce -32.4% | 8,179,700 | $1.4B |
| MSFT Microsoft Corp. | put | Add +131.3% | 3,420,600 | $1.3B |
| AAPL Apple Inc. | put | Add +13.0% | 3,456,800 | $877.3M |
| TSLA Tesla Inc. | put | Add +16.3% | 2,170,900 | $807.0M |
| SPY SS SPDR S&P 500 ETF Trust-US | call | Add +0.3% | 1,133,800 | $737.4M |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | put | Add +629.8% | 5,108,800 | $556.8M |
| GOOG Alphabet Inc. Class C | put | Reduce -10.3% | 1,849,100 | $530.4M |
| GOOGL Alphabet Inc. Class A | put | Reduce -54.5% | 1,703,200 | $489.8M |
| FXI iShares China Large-Cap ETF | put | Add +94.4% | 11,692,800 | $419.8M |
| NVDA Nvidia Corp. | call | Reduce -5.2% | 2,394,900 | $417.7M |
| IWM iShares Russell 2000 ETF | put | Reduce -77.5% | 1,610,000 | $399.3M |
| FXI iShares China Large-Cap ETF | call | Add +20.9% | 10,049,600 | $360.8M |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | put | Add +31.0% | 4,467,200 | $355.4M |
| XLF SS Financial Select Sector | put | Reduce -30.2% | 7,123,800 | $351.7M |
| AMZN Amazon.com Inc. | call | Add +36.1% | 1,427,800 | $297.4M |
| XLF SS Financial Select Sector | call | New | 5,873,400 | $290.0M |
| META Meta Platforms Inc. Class A | put | Reduce -21.2% | 501,000 | $286.6M |
| MSFT Microsoft Corp. | call | Add +62.7% | 750,200 | $277.7M |
| WBD Warner Bros Discovery Inc. | put | Add +147.7% | 9,218,800 | $253.1M |
| EEM iShares MSCI Emerging Market | put | Reduce -40.5% | 4,453,100 | $252.9M |
| TSLA Tesla Inc. | call | Reduce -13.8% | 666,800 | $247.9M |
| AVGO Broadcom Inc. | put | Reduce -34.7% | 741,700 | $229.6M |
| NBIS Nebius Group NV | put | Add +19.3% | 2,161,000 | $224.2M |
| AAPL Apple Inc. | call | Reduce -1.6% | 802,900 | $203.8M |
| EWZ iShares MSCI Brazil ETF | put | Add +19.1% | 5,285,200 | $202.9M |
| AMD Advanced Micro Devices | put | Reduce -63.2% | 973,900 | $198.1M |
| META Meta Platforms Inc. Class A | call | Add +83.4% | 309,200 | $176.9M |
| GOOG Alphabet Inc. Class C | call | Reduce -12.2% | 545,100 | $156.4M |
| XOM Exxon Mobil Corp. | put | Add +310.9% | 873,500 | $148.2M |
| MU Micron Technology Inc. | put | Add +38.6% | 418,100 | $141.3M |
| IBIT iShares Bitcoin Trust ETF | put | Add +3.5% | 3,570,000 | $137.2M |
| VOO Vanguard S&P 500 ETF | put | Sold out | 213,900 | $134.1Mbefore exit |
| XOP SS SPDR S&P Og Exp & Prod | put | Reduce -37.9% | 727,100 | $132.2M |
| JPM JPMorgan Chase & Co. | put | Add +39.6% | 423,300 | $124.5M |
| BRK.B Berkshire Hathaway Inc. Class B | put | Add +62.7% | 244,500 | $117.2M |
| XLE SS Energy Select Sector | put | Sold out | 2,557,600 | $114.4Mbefore exit |
| EFA iShares MSCI Eafe ETF | call | New | 1,169,200 | $113.6M |
| PLTR Palantir Technologies Inc. Class A | put | Add +94.6% | 731,700 | $107.0M |
| AVGO Broadcom Inc. | call | Add +10.9% | 308,300 | $95.4M |
| LLY Eli Lilly & Co. | put | Add +74.5% | 95,300 | $87.7M |
| JNJ Johnson & Johnson | put | Add +44.9% | 355,700 | $86.9M |
| INTC Intel Corp. | put | Reduce -32.9% | 1,808,200 | $79.8M |
| EFA iShares MSCI Eafe ETF | put | Add +3078.8% | 794,700 | $77.2M |
| GOOGL Alphabet Inc. Class A | call | Add +9.9% | 250,500 | $72.0M |
| NFLX Netflix Inc. | put | Reduce -6.1% | 744,200 | $71.6M |
| WMT Walmart Inc. | put | Add +29.2% | 571,400 | $71.0M |
Showing the first 50 of 787.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| LUMENTUM HOLDINGS INC (LITE 1.5 12/15/29) | NOTE 1.500%12/1 · principal | Add +33.3% | 74,347,000 | $752.7M |
| WESTERN DIGITAL CORP (WDC 3 11/15/28) | NOTE 3.000%11/1 · principal | Add +36.4% | 80,500,000 | $576.5M |
| ECHOSTAR CORP (ECHO 3.875 11/30/30) | NOTE 3.875%11/3 · principal | Reduce -99.4% | 52,388,000 | $187.3M |
| INTERDIGITAL INC (IDCC 3.5 06/01/27) | NOTE 3.500% 6/0 · principal | Add +53.3% | 34,532,000 | $134.8M |
| IONIS PHARMACEUTICALS IN (IONS 0 04/01/26) | NOTE 4/0 · principal | Sold out | 84,949,000 | $116.7Mbefore exit |
| CLOUDFLARE INC (NET 0 08/15/26) | NOTE 8/1 · principal | Add +7.3% | 91,250,000 | $107.0M |
| BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) | NOTE 2.500% 3/1 · principal | Add +78.3% | 54,372,000 | $98.0M |
| MIRUM PHARMACEUTICALS (MIRM 4 05/01/29) | NOTE 4.000% 5/0 · principal | Add +12.5% | 27,000,000 | $80.8M |
| AIRBNB INC (ABNB 0 03/15/26) | NOTE 3/1 · principal | Sold out | 75,739,000 | $75.1Mbefore exit |
| CHEFS' WAREHOUSE THE (CHEF 2.375 12/15/28) | NOTE 2.375%12/1 · principal | Add +25.4% | 41,411,000 | $61.2M |
| SPOTIFY USA INC (SPOT 0 03/15/26) | NOTE 3/1 · principal | Sold out | 52,418,000 | $59.6Mbefore exit |
| BIOMARIN PHARMACEUTICAL (BMRN 1.25 05/15/27) | NOTE 1.250% 5/1 · principal | Add +55.0% | 54,243,000 | $52.3M |
| EXACT SCIENCES CORP (EXAS 0.375 03/15/27) | NOTE 0.375% 3/1 · principal | Sold out | 48,940,000 | $51.2Mbefore exit |
| ASCENDIS PHARMA A/S (ASND 2.25 04/01/28) | NOTE 2.250% 4/0 · principal | Add +34.6% | 34,659,000 | $51.0M |
| CONMED CORP (CNMD 2.25 06/15/27) | NOTE 2.250% 6/1 · principal | Add +28.1% | 52,500,000 | $51.0M |
| RAPID7 INC (RPD 0.25 03/15/27) | NOTE 0.250% 3/1 · principal | Add +36.9% | 53,390,000 | $50.4M |
| DAYFORCE INC (DAY 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 47,146,000 | $46.8Mbefore exit |
| ALARM.COM HLDGS INC (ALRM 0 01/15/26) | NOTE 1/1 · principal | Sold out | 46,408,000 | $46.5Mbefore exit |
| PTC THERAPEUTICS INC (PTCT 1.5 09/15/26) | NOTE 1.500% 9/1 · principal | Add +24.8% | 31,200,000 | $41.6M |
| EVERGY INC (EVRG 4.5 12/15/27) | NOTE 4.500%12/1 · principal | Add +42.9% | 30,000,000 | $40.5M |
| BENTLEY SYSTEMS (BSY 0.375 07/01/27) | NOTE 0.375% 7/0 · principal | Add +23.7% | 41,762,000 | $39.7M |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | NOTE 0.875%12/0 · principal | Add +37.7% | 32,871,000 | $39.6M |
| TRIPADVISOR INC (TRIP 0.25 04/01/26) | NOTE 0.250% 4/0 · principal | Sold out | 35,604,000 | $35.0Mbefore exit |
| AKAMAI TECHNOLOGIES INC (AKAM 1.125 02/15/29) | NOTE 1.125% 2/1 · principal | Reduce -38.7% | 26,979,000 | $30.9M |
| SEA LTD (SEALTD 0.25 09/15/26) | NOTE 0.250% 9/1 · principal | Add +82.3% | 31,000,000 | $30.4M |
| IREN LTD (IREN 3.25 06/15/30) | NOTE 3.250% 6/1 · principal | Sold out | 10,713,000 | $26.3Mbefore exit |
| VENTAS REALTY LP (VTR 3.75 06/01/26) | NOTE 3.750% 6/0 · principal | Add +28.0% | 16,000,000 | $23.8M |
| INNOVIVA INC (INVA 2.125 03/15/28) | NOTE 2.125% 3/1 · principal | Add +61.5% | 21,000,000 | $22.8M |
| MARA HOLDINGS INC (MARA 2.125 09/01/31) | NOTE 2.125% 9/0 · principal | Add +27.9% | 26,327,000 | $22.4M |
| STRATEGY INC (MSTR 2.25 06/15/32) | NOTE 2.250% 6/1 · principal | Add +24.2% | 20,500,000 | $21.0M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 08/01/26) | NOTE 0.750% 8/0 · principal | Add +109.7% | 20,904,000 | $20.7M |
| POST HOLDINGS INC (POST 2.5 08/15/27) | NOTE 2.500% 8/1 · principal | Add +23.3% | 18,500,000 | $20.1M |
| STRIDE INC (LRN 1.125 09/01/27) | NOTE 1.125% 9/0 · principal | Add +187.5% | 11,500,000 | $19.8M |
| ALPHATEC HOLDINGS INC (ATEC 0.75 03/15/30) | NOTE 0.750% 3/1 · principal | New | 18,800,000 | $19.3M |
| FLUOR CORP (FLR 1.125 08/15/29) | NOTE 1.125% 8/1 · principal | Add +7.1% | 15,000,000 | $18.5M |
| SOUTHERN CO (SO 4.5 06/15/27) | NOTE 4.500% 6/1 · principal | Add +43.5% | 16,500,000 | $18.3M |
| AKAMAI TECHNOLOGIES INC (AKAM 0.375 09/01/27) | NOTE 0.375% 9/0 · principal | Reduce -56.7% | 14,110,000 | $16.4M |
| TYLER TECHNOLOGIES INC (TYL 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 16,151,000 | $16.4Mbefore exit |
| MARA HOLDINGS INC (MARA 0 03/01/30) | NOTE 3/0 · principal | Add +16.7% | 17,500,000 | $15.5M |
| DUKE ENERGY CORP (DUK 4.125 04/15/26) | NOTE 4.125% 4/1 · principal | Sold out | 15,000,000 | $15.5Mbefore exit |
| FRESHPET INC (FRPT 3 04/01/28) | NOTE 3.000% 4/0 · principal | Add +62.5% | 13,000,000 | $15.0M |
| ALLIANT ENERGY CORP (LNT 3.875 03/15/26) | NOTE 3.875% 3/1 · principal | Sold out | 12,000,000 | $12.5Mbefore exit |
| CLEANSPARK INC (CLSK 0 06/15/30) | NOTE 6/1 · principal | Reduce -13.6% | 12,666,000 | $12.3M |
| STRATEGY INC (MSTR 0.625 03/15/30) | NOTE 0.625% 3/1 · principal | Reduce -20.0% | 10,000,000 | $11.5M |
| RAMACO RESOURCES INC (METC 0 11/01/31) | NOTE 11/0 · principal | Add +40.0% | 14,000,000 | $10.7M |
| MAGNITE INC (MGNI 0.25 03/15/26) | NOTE 0.250% 3/1 · principal | Sold out | 10,500,000 | $10.4Mbefore exit |
| BLOCK INC (XYZ 0.25 11/01/27) | NOTE 0.250%11/0 · principal | New | 10,664,000 | $10.0M |
| Q2 HOLDINGS INC (QTWO 0.75 06/01/26) | NOTE 0.750% 6/0 · principal | Add +100.0% | 10,000,000 | $10.0M |
| CHEESECAKE FACTORY (THE) (CAKE 2 03/15/30) | NOTE 2.000% 3/1 · principal | New | 9,250,000 | $9.4M |
| MARA HOLDINGS INC (MARA 0 06/01/31) | NOTE 6/0 · principal | Reduce -28.6% | 10,000,000 | $9.2M |
Showing the first 50 of 86.
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 854 | $10.9B | MSFT, NVDA, IVV, AMZN, VOO |
| Q1 2026 | 782 | $9.0B | AMZN, MSFT, IVV, NVDA, TSLA |
| Q4 2025 | 719 | $9.9B | NVDA, IVV, GOOGL, AMZN, AMD |
| Q3 2025 | 1,010 | $9.4B | NVDA, MSFT, AMZN, TSLA, IVV |
| Q2 2025 | 746 | $9.7B | NVDA, TSLA, AMZN, MSFT, AAPL |
| Q1 2025 | 441 | $8.7B | TSLA, AMZN, NVDA, MSFT, IVV |
| Q4 2024 | 652 | $7.9B | MSFT, VOO, AMZN, IVV, NVDA |
| Q3 2024 | 741 | $2.9B | SPY, VOO, IVV, XOP, IWM |
| Q2 2024 | 907 | $2.2B | SPY, IVV, QQQ, TSLA, USMV |
| Q1 2024 | 1,181 | $2.9B | SPY, IVV, TSLA, HDB, ARM |