CAPSTONE INVESTMENT ADVISORS, LLC

PrivateCIK: 1426196
Location

NEW YORK, NY

1097
Positions
$54.04B
Total AUM (reported)
2.66B
Total Shares

Allocation by class

TOTAL AUM$54.04B1097 positions
COM$21.49B39.8%
UNIT SER 1$8.14B15.1%
TR UNIT$7.72B14.3%
CL A$1.38B2.5%
NOTE 3.000%11/1$1.36B2.5%
CORE S&P500 ETF$1.17B2.2%
RUSSELL 2000 ETF$864.99M1.6%

Portfolio Concentration

Top 336.6%4–1023.1%11–2516.8%Rest23.4%TOP 1059.8%0%100%
Top 3$19.80B36.6%
4–10$12.49B23.1%
11–25$9.11B16.8%
Rest$12.64B23.4%

Top 3 weight

36.6%

Top 10 weight

59.8%

Voting Authority Distribution

Total shares with voting rights: 2.66B

Sole

Full voting authority

0.00

shares

% of voting shares0.0%
Shared

Joint voting authority

2.66B

shares

% of voting shares100.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole0
Shared0
Other1097
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings1097
Rows:

INVESCO QQQ TR

DFND
UNIT SER 1
Shares11.05M
TypeSH
Market value$8.14B
15.06%
Sole
0.00
Shared
11.05M
None
0.00

STATE STR SPDR S&P 500 ETF T

DFND
TR UNIT
Shares10.33M
TypeSH
Market value$7.72B
14.28%
Sole
0.00
Shared
10.33M
None
0.00

NVIDIA CORPORATION

DFND
COM
Shares19.74M
TypeSH
Market value$3.95B
7.31%
Sole
0.00
Shared
19.74M
None
0.00

MICROSOFT CORP

DFND
COM
Shares9.53M
TypeSH
Market value$3.56B
6.58%
Sole
0.00
Shared
9.53M
None
0.00

AMAZON COM INC

DFND
COM
Shares8.32M
TypeSH
Market value$1.98B
3.67%
Sole
0.00
Shared
8.32M
None
0.00

APPLE INC

DFND
COM
Shares6.35M
TypeSH
Market value$1.84B
3.40%
Sole
0.00
Shared
6.35M
None
0.00

TESLA INC

DFND
COM
Shares3.98M
TypeSH
Market value$1.67B
3.10%
Sole
0.00
Shared
3.98M
None
0.00

WESTERN DIGITAL CORP

DFND
NOTE 3.000%11/1
Shares80.50M
TypePRN
Market value$1.36B
2.51%
Sole
0.00
Shared
80.50M
None
0.00

ISHARES TR

DFND
CORE S&P500 ETF
Shares1.56M
TypeSH
Market value$1.17B
2.16%
Sole
0.00
Shared
1.56M
None
0.00

MICRON TECHNOLOGY INC

DFND
COM
Shares789.96K
TypeSH
Market value$911.84M
1.69%
Sole
0.00
Shared
789.96K
None
0.00

ISHARES TR

DFND
RUSSELL 2000 ETF
Shares2.88M
TypeSH
Market value$864.99M
1.60%
Sole
0.00
Shared
2.88M
None
0.00

ISHARES TR

DFND
CHINA LG-CAP ETF
Shares27.20M
TypeSH
Market value$859.34M
1.59%
Sole
0.00
Shared
27.20M
None
0.00

META PLATFORMS INC

DFND
CL A
Shares1.49M
TypeSH
Market value$841.71M
1.56%
Sole
0.00
Shared
1.49M
None
0.00

SELECT SECTOR SPDR TR

DFND
ST STR FINL ETF
Shares15.31M
TypeSH
Market value$820.74M
1.52%
Sole
0.00
Shared
15.31M
None
0.00

ALPHABET INC

DFND
CAP STK CL C
Shares2.10M
TypeSH
Market value$742.04M
1.37%
Sole
0.00
Shared
2.10M
None
0.00

ISHARES TR

DFND
IBOXX INV CP ETF
Shares6.25M
TypeSH
Market value$681.41M
1.26%
Sole
0.00
Shared
6.25M
None
0.00

NEBIUS GROUP N.V.

DFND
SHS CLASS A
Shares2.26M
TypeSH
Market value$623.41M
1.15%
Sole
0.00
Shared
2.26M
None
0.00

BROADCOM INC

DFND
COM
Shares1.57M
TypeSH
Market value$591.59M
1.09%
Sole
0.00
Shared
1.57M
None
0.00

ALPHABET INC

DFND
CAP STK CL A
Shares1.65M
TypeSH
Market value$590.53M
1.09%
Sole
0.00
Shared
1.65M
None
0.00

VANGUARD INDEX FDS

DFND
S&P 500 ETF SHS
Shares857.92K
TypeSH
Market value$589.23M
1.09%
Sole
0.00
Shared
857.92K
None
0.00

ADVANCED MICRO DEVICES INC

DFND
COM
Shares740.46K
TypeSH
Market value$430.14M
0.80%
Sole
0.00
Shared
740.46K
None
0.00

SPDR SERIES TRUST

DFND
ST STR SP REGBNK
Shares5.24M
TypeSH
Market value$392.57M
0.73%
Sole
0.00
Shared
5.24M
None
0.00

NOKIA CORP

DFND
SPONSORED ADR
Shares29.15M
TypeSH
Market value$387.05M
0.72%
Sole
0.00
Shared
29.15M
None
0.00

BERKSHIRE HATHAWAY INC DEL

DFND
CL B NEW
Shares747.46K
TypeSH
Market value$374.02M
0.69%
Sole
0.00
Shared
747.46K
None
0.00

INTEL CORP

DFND
COM
Shares2.27M
TypeSH
Market value$316.92M
0.59%
Sole
0.00
Shared
2.27M
None
0.00
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