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CAPSTONE INVESTMENT ADVISORS, LLC
Period ended Jun 30, 2026 · Latest filing Aug 17, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Jun 30, 2026: $54,040,010,271
More quarters will appear as history becomes available.
Top holdings
Top 10 at Jun 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- STATE STR SPDR S&P 500 ETF T · TR UNIT · 78462F103 · shares · PUT: $6,974,682,446
- INVESCO QQQ TR · UNIT SER 1 · 46090E103 · shares · PUT: $5,769,325,800
- NVIDIA CORPORATION · COM · 67066G104 · shares · PUT: $2,259,196,181
- INVESCO QQQ TR · UNIT SER 1 · 46090E103 · shares · CALL: $2,054,850,560
- MICROSOFT CORP · COM · 594918104 · shares · PUT: $1,792,696,818
- MICROSOFT CORP · COM · 594918104 · shares: $1,605,198,688
- NVIDIA CORPORATION · COM · 67066G104 · shares: $1,374,571,679
- WESTERN DIGITAL CORP · NOTE 3.000%11/1 · 958102AT2 · principal: $1,356,378,578
- APPLE INC · COM · 037833100 · shares · PUT: $1,212,389,464
- ISHARES TR · CORE S&P500 ETF · 464287200 · shares: $1,169,847,060
Reported holdings
1,641 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| TIDEWATER INC NEW | COM | 88642R109 | — | 49,103 shares | $3,271,733 |
| ROYAL CARIBBEAN GROUP | COM | V7780T103 | PUT | 10,300 shares | $3,270,559 |
| ROSS STORES INC | COM | 778296103 | — | 15,358 shares | $3,268,950 |
| ENTERGY CORP NEW | COM | 29364G103 | PUT | 28,200 shares | $3,239,052 |
| ZOOM COMMUNICATIONS INC | CL A | 98980L101 | CALL | 37,500 shares | $3,236,625 |
| PNC FINL SVCS GROUP INC | COM | 693475105 | PUT | 13,100 shares | $3,225,482 |
| ISHARES SILVER TR | ISHARES | 46428Q109 | CALL | 60,000 shares | $3,208,200 |
| WILLIAMS COS INC | COM | 969457100 | CALL | 43,100 shares | $3,204,054 |
| BANK OF NY MELLON CORP | COM | 064058100 | CALL | 22,100 shares | $3,195,881 |
| FASTENAL CO | COM | 311900104 | PUT | 66,400 shares | $3,189,192 |
| AFLAC INC | COM | 001055102 | PUT | 27,100 shares | $3,177,475 |
| LOWES COS INC | COM | 548661107 | CALL | 14,400 shares | $3,175,056 |
| ALLSPRING GLOBAL DIVIDEND OP | COM | 94987C103 | — | 485,255 shares | $3,168,715 |
| PDD HOLDINGS INC | SPONSORED ADS | 722304102 | CALL | 41,400 shares | $3,157,992 |
| AUTODESK INC | COM | 052769106 | PUT | 16,200 shares | $3,149,604 |
| AT&T INC | COM | 00206R102 | CALL | 151,500 shares | $3,136,050 |
| CRH PLC | ORD | G25508105 | CALL | 29,300 shares | $3,135,100 |
| NUVATION BIO INC | NOTE 0.750% 7/0 | 67080NAA9 | — | 3,000,000 principal | $3,129,375 |
| DEERE & CO | COM | 244199105 | CALL | 4,900 shares | $3,108,217 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 | CALL | 7,200 shares | $3,106,512 |
| GE HEALTHCARE TECHNOLOGIES I | COMMON STOCK | 36266G107 | PUT | 48,400 shares | $3,098,084 |
| PAYPAL HLDGS INC | COM | 70450Y103 | CALL | 71,600 shares | $3,091,688 |
| BLACKROCK INC | COM | 09290D101 | — | 3,210 shares | $3,086,608 |
| EQUITABLE HLDGS INC | COM | 29452E101 | — | 70,000 shares | $3,071,600 |
| EXPONENT INC | COM | 30214U102 | — | 52,159 shares | $3,064,863 |
| CONSOLIDATED EDISON INC | COM | 209115104 | PUT | 27,700 shares | $3,064,451 |
| CLEANSPARK INC | COM NEW | 18452B209 | PUT | 210,300 shares | $3,059,865 |
| MONSTER BEVERAGE CORP NEW | COM | 61174X109 | — | 31,747 shares | $3,051,522 |
| PFIZER INC | COM | 717081103 | — | 126,497 shares | $3,046,048 |
| BITMINE IMMERSION TECHS INC | COM NEW | 09175A206 | — | 228,822 shares | $3,045,621 |
| SOUTHWEST GAS HLDGS INC | COM | 844895102 | — | 34,032 shares | $3,017,958 |
| KENVUE INC | COM | 49177J102 | PUT | 157,100 shares | $3,002,181 |
| RAMACO RES INC | NOTE 11/0 | 75134PAB1 | — | 4,000,000 principal | $2,993,600 |
| LENNOX INTL INC | COM | 526107107 | — | 5,220 shares | $2,990,799 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 | PUT | 21,800 shares | $2,982,458 |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 | CALL | 25,100 shares | $2,969,581 |
| SCHWAB CHARLES CORP | COM | 808513105 | CALL | 32,100 shares | $2,961,867 |
| REYNOLDS CONSUMER PRODS INC | COM | 76171L106 | — | 109,460 shares | $2,939,001 |
| SPOTIFY TECHNOLOGY S A | SHS | L8681T102 | — | 6,321 shares | $2,902,161 |
| PETROLEO BRASILEIRO S A | SPONSORED ADR | 71654V408 | — | 178,861 shares | $2,890,394 |
| UNION PAC CORP | COM | 907818108 | CALL | 10,600 shares | $2,883,200 |
| ADAM NAT RES FD INC | COM | 00548F105 | — | 115,997 shares | $2,867,446 |
| AUTODESK INC | COM | 052769106 | CALL | 14,700 shares | $2,857,974 |
| BOOKING HOLDINGS INC | COM | 09857L108 | CALL | 15,900 shares | $2,834,016 |
| SEA LTD | SPONSORD ADS | 81141R100 | — | 29,381 shares | $2,815,581 |
| GENERAL MTRS CO | COM | 37045V100 | CALL | 36,300 shares | $2,798,004 |
| BARCLAYS BANK PLC | IPATH S&P 500 SH | 06748M196 | PUT | 125,000 shares | $2,761,250 |
| KIMBERLY-CLARK CORP | COM | 494368103 | PUT | 25,100 shares | $2,755,227 |
| DIGITALBRIDGE GROUP INC | CL A NEW | 25401T603 | — | 174,094 shares | $2,747,203 |
| WASTE MGMT INC DEL | COM | 94106L109 | CALL | 12,300 shares | $2,741,424 |
| ROSS STORES INC | COM | 778296103 | CALL | 12,700 shares | $2,703,195 |
| HOWMET AEROSPACE INC | COM | 443201108 | CALL | 10,000 shares | $2,688,600 |
| AMPHENOL CORP | CL A | 032095101 | CALL | 15,200 shares | $2,680,064 |
| UNITED AIRLS HLDGS INC | COM | 910047109 | PUT | 19,600 shares | $2,665,404 |
| HERC HLDGS INC | COM | 42704L104 | — | 18,529 shares | $2,655,947 |
| GAMESTOP CORP | CL A | 36467W109 | PUT | 120,000 shares | $2,649,600 |
| US BANCORP | COM NEW | 902973304 | CALL | 43,800 shares | $2,645,520 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 | PUT | 34,300 shares | $2,620,520 |
| PACCAR INC | COM | 693718108 | CALL | 21,700 shares | $2,606,604 |
| FORD MTR CO | COM | 345370860 | CALL | 187,400 shares | $2,604,860 |
| PROCTER & GAMBLE CO | COM | 742718109 | — | 17,752 shares | $2,603,153 |
| GILEAD SCIENCES INC | COM | 375558103 | CALL | 20,600 shares | $2,602,604 |
| ISHARES TR | 20 YR TR BD ETF | 464287432 | CALL | 30,000 shares | $2,592,600 |
| FEDEX CORP | COM | 31428X106 | — | 8,258 shares | $2,585,828 |
| COMFORT SYS USA INC | COM | 199908104 | — | 1,300 shares | $2,576,535 |
| EATON CORP PLC | SHS | G29183103 | CALL | 6,000 shares | $2,556,720 |
| DEVON ENERGY CORP NEW | COM | 25179M103 | PUT | 61,600 shares | $2,545,312 |
| BROWN FORMAN CORP | CL B | 115637209 | — | 95,339 shares | $2,540,784 |
| VIRTUS TOTAL RETURN FD INC | COM | 92835W107 | — | 370,223 shares | $2,528,623 |
| DOORDASH INC | CL A | 25809K105 | — | 13,701 shares | $2,528,246 |
| ZOETIS INC | CL A | 98978V103 | — | 35,180 shares | $2,528,035 |
| EDWARDS LIFESCIENCES CORP | COM | 28176E108 | PUT | 27,800 shares | $2,514,788 |
| METLIFE INC | COM | 59156R108 | CALL | 29,600 shares | $2,504,456 |
| ELECTRONIC ARTS INC | COM | 285512109 | PUT | 12,200 shares | $2,501,488 |
| FIRSTENERGY CORP | COM | 337932107 | PUT | 52,600 shares | $2,500,604 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | — | 6,695 shares | $2,481,100 |
| BOEING CO | COM | 097023105 | CALL | 11,400 shares | $2,467,758 |
| COLUMBIA SPORTSWEAR CO | COM | 198516106 | — | 39,904 shares | $2,466,865 |
| DANAHER CORP DEL | COM | 235851102 | CALL | 12,900 shares | $2,457,192 |
| HCA HEALTHCARE INC | COM | 40412C101 | PUT | 6,300 shares | $2,456,307 |
| JOHNSON CONTROLS INTERNATION | SHS | G51502105 | CALL | 16,800 shares | $2,454,648 |
| BNY MELLON STRATEGIC MUNS IN | COM | 05588W108 | — | 379,865 shares | $2,453,928 |
| KRATOS DEFENSE & SEC SOLUTIO | COM NEW | 50077B207 | — | 49,135 shares | $2,449,871 |
| CAPITAL ONE FINL CORP | COM | 14040H105 | — | 12,196 shares | $2,446,762 |
| MASTERCARD INCORPORATED | CL A | 57636Q104 | — | 4,738 shares | $2,433,437 |
| PAGAYA U S HLDG CO LLC | NOTE 6.125%10/0 | 69549FAB5 | — | 1,500,000 principal | $2,393,341 |
| LOWES COS INC | COM | 548661107 | — | 10,813 shares | $2,384,158 |
| TANDEM DIABETES CARE INC | NOTE 1.500% 3/1 | 875372AD6 | — | 2,500,000 principal | $2,375,968 |
| LIBERTY MEDIA CORP DEL | COM LBTY ONE S C | 531229755 | — | 24,885 shares | $2,367,559 |
| EQT CORP | COM | 26884L109 | PUT | 43,900 shares | $2,334,163 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 | — | 2,303 shares | $2,329,185 |
| COPART INC | COM | 217204106 | PUT | 82,500 shares | $2,325,675 |
| ULTA BEAUTY INC | COM | 90384S303 | — | 5,128 shares | $2,312,625 |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 | — | 3,732 shares | $2,302,047 |
| NOVO-NORDISK A S | ADR | 670100205 | — | 47,778 shares | $2,290,477 |
| FISERV INC | COM | 337738108 | PUT | 46,600 shares | $2,285,730 |
| GENERAL AMERN INVS CO INC | COM | 368802104 | — | 35,841 shares | $2,284,864 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | CALL | 6,900 shares | $2,280,174 |
| PG&E CORP | COM | 69331C108 | PUT | 134,200 shares | $2,257,244 |
| YUM BRANDS INC | COM | 988498101 | PUT | 14,100 shares | $2,254,026 |