Filed: 5/15/2025ACC: 0001426196-25-000001
📋 What this filing means
CAPSTONE INVESTMENT ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 701 equity positions with a total reported market value of $37.83B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
701
Positions
$37.83B
Total AUM (reported)
1.99B
Total Shares
Allocation by class
COM$16.80B44.4%
TR UNIT$9.36B24.7%
UNIT SER 1$1.71B4.5%
CAP STK CL A$1.20B3.2%
CL A$722.12M1.9%
RUSSELL 2000 ETF$638.64M1.7%
GOLD SHS$569.60M1.5%
Portfolio Concentration
Top 3$14.92B39.4%
4–10$9.95B26.3%
11–25$4.21B11.1%
Rest$8.76B23.1%
Top 3 weight
39.4%
Top 10 weight
65.7%
Voting Authority Distribution
Total shares with voting rights: 1.99B
Sole
Full voting authority
1.99B
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole701
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings701
Rows:
SPDR S&P 500 ETF TR
SOLEShares16.73M
TypeSH
Market value$9.36B
24.75%
Sole
16.73M
Shared
0.00
None
0.00
TESLA INC
SOLEShares10.76M
TypeSH
Market value$2.79B
7.38%
Sole
10.76M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares14.53M
TypeSH
Market value$2.77B
7.31%
Sole
14.53M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares24.40M
TypeSH
Market value$2.64B
6.99%
Sole
24.40M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares5.49M
TypeSH
Market value$2.06B
5.45%
Sole
5.49M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares3.66M
TypeSH
Market value$1.71B
4.53%
Sole
3.66M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares7.75M
TypeSH
Market value$1.20B
3.17%
Sole
7.75M
Shared
0.00
None
0.00
APPLE INC
SOLEShares5.05M
TypeSH
Market value$1.12B
2.97%
Sole
5.05M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.20M
TypeSH
Market value$638.64M
1.69%
Sole
3.20M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares1.98M
TypeSH
Market value$569.60M
1.51%
Sole
1.98M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares956.19K
TypeSH
Market value$537.28M
1.42%
Sole
956.19K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares3.20M
TypeSH
Market value$499.76M
1.32%
Sole
3.20M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6.29M
TypeSH
Market value$496.36M
1.31%
Sole
6.29M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares3.46M
TypeSH
Market value$355.75M
0.94%
Sole
3.46M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares7.88M
TypeSH
Market value$344.56M
0.91%
Sole
7.88M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares518.63K
TypeSH
Market value$298.92M
0.79%
Sole
518.63K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares1.56M
TypeSH
Market value$260.86M
0.69%
Sole
1.56M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares474.01K
TypeSH
Market value$252.45M
0.67%
Sole
474.01K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares4.58M
TypeSH
Market value$210.55M
0.56%
Sole
4.58M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares3.84M
TypeSH
Market value$191.32M
0.51%
Sole
3.84M
Shared
0.00
None
0.00
SPDR SER TR
SOLEShares1.44M
TypeSH
Market value$189.99M
0.50%
Sole
1.44M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares718.81K
TypeSH
Market value$176.32M
0.47%
Sole
718.81K
Shared
0.00
None
0.00
WALMART INC
SOLEShares1.54M
TypeSH
Market value$135.59M
0.36%
Sole
1.54M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.66M
TypeSH
Market value$131.12M
0.35%
Sole
3.66M
Shared
0.00
None
0.00
NOVA LTD
SOLEShares50.70M
TypePRN
Market value$124.90M
0.33%
Sole
50.70M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 16.73M | SH | $9.36B 24.75% | 16.73M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 10.76M | SH | $2.79B 7.38% | 10.76M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 14.53M | SH | $2.77B 7.31% | 14.53M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 24.40M | SH | $2.64B 6.99% | 24.40M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 5.49M | SH | $2.06B 5.45% | 5.49M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 3.66M | SH | $1.71B 4.53% | 3.66M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 7.75M | SH | $1.20B 3.17% | 7.75M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 5.05M | SH | $1.12B 2.97% | 5.05M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 3.20M | SH | $638.64M 1.69% | 3.20M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 1.98M | SH | $569.60M 1.51% | 1.98M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S&P500 ETF | 956.19K | SH | $537.28M 1.42% | 956.19K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 3.20M | SH | $499.76M 1.32% | 3.20M | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 6.29M | SH | $496.36M 1.31% | 6.29M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 3.46M | SH | $355.75M 0.94% | 3.46M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 7.88M | SH | $344.56M 0.91% | 7.88M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 518.63K | SH | $298.92M 0.79% | 518.63K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 1.56M | SH | $260.86M 0.69% | 1.56M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 474.01K | SH | $252.45M 0.67% | 474.01K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | GOLD MINERS ETF | 4.58M | SH | $210.55M 0.56% | 4.58M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | FINANCIAL | 3.84M | SH | $191.32M 0.51% | 3.84M | 0.00 | 0.00 |
SPDR SER TRSOLE | S&P OILGAS EXP | 1.44M | SH | $189.99M 0.50% | 1.44M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 718.81K | SH | $176.32M 0.47% | 718.81K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 1.54M | SH | $135.59M 0.36% | 1.54M | 0.00 | 0.00 |
ISHARES TRSOLE | CHINA LG-CAP ETF | 3.66M | SH | $131.12M 0.35% | 3.66M | 0.00 | 0.00 |
NOVA LTDSOLE | NOTE10/1 | 50.70M | PRN | $124.90M 0.33% | 50.70M | 0.00 | 0.00 |
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