CAPSTONE INVESTMENT ADVISORS, LLC

PrivateCIK: 1426196
Location

NEW YORK, NY

1002
Positions
$57.41B
Total AUM (reported)
1.84B
Total Shares

Allocation by class

TOTAL AUM$57.41B1002 positions
COM$17.39B30.3%
UNIT SER 1$15.38B26.8%
TR UNIT$11.12B19.4%
CL A$1.12B2.0%
CORE S&P500 ETF$1.02B1.8%
CAP STK CL C$927.36M1.6%
CHINA LG-CAP ETF$818.13M1.4%

Portfolio Concentration

Top 351.4%4–1018.8%11–2512.8%Rest17.1%TOP 1070.2%0%100%
Top 3$29.49B51.4%
4–10$10.81B18.8%
11–25$7.33B12.8%
Rest$9.79B17.1%

Top 3 weight

51.4%

Top 10 weight

70.2%

Voting Authority Distribution

Total shares with voting rights: 1.84B

Sole

Full voting authority

0.00

shares

% of voting shares0.0%
Shared

Joint voting authority

1.84B

shares

% of voting shares100.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole0
Shared0
Other1002
Dominant voting typeShared · 100.0% of voting shares
Institutional Holdings1002
Rows:

INVESCO QQQ TR

DFND
UNIT SER 1
Shares26.65M
TypeSH
Market value$15.38B
26.79%
Sole
0.00
Shared
26.65M
None
0.00

STATE STR SPDR S&P 500 ETF T

DFND
TR UNIT
Shares17.09M
TypeSH
Market value$11.12B
19.36%
Sole
0.00
Shared
17.09M
None
0.00

AMAZON COM INC

DFND
COM
Shares14.38M
TypeSH
Market value$2.99B
5.22%
Sole
0.00
Shared
14.38M
None
0.00

MICROSOFT CORP

DFND
COM
Shares6.94M
TypeSH
Market value$2.57B
4.48%
Sole
0.00
Shared
6.94M
None
0.00

NVIDIA CORPORATION

DFND
COM
Shares14.59M
TypeSH
Market value$2.54B
4.43%
Sole
0.00
Shared
14.59M
None
0.00

TESLA INC

DFND
COM
Shares4.29M
TypeSH
Market value$1.60B
2.78%
Sole
0.00
Shared
4.29M
None
0.00

APPLE INC

DFND
COM
Shares5.25M
TypeSH
Market value$1.33B
2.32%
Sole
0.00
Shared
5.25M
None
0.00

ISHARES TR

DFND
CORE S&P500 ETF
Shares1.56M
TypeSH
Market value$1.02B
1.77%
Sole
0.00
Shared
1.56M
None
0.00

ALPHABET INC

DFND
CAP STK CL C
Shares3.23M
TypeSH
Market value$927.36M
1.62%
Sole
0.00
Shared
3.23M
None
0.00

ISHARES TR

DFND
CHINA LG-CAP ETF
Shares22.79M
TypeSH
Market value$818.13M
1.42%
Sole
0.00
Shared
22.79M
None
0.00

ALPHABET INC

DFND
CAP STK CL A
Shares2.64M
TypeSH
Market value$758.55M
1.32%
Sole
0.00
Shared
2.64M
None
0.00

LUMENTUM HLDGS INC

DFND
NOTE 1.500%12/1
Shares74.35M
TypePRN
Market value$752.70M
1.31%
Sole
0.00
Shared
74.35M
None
0.00

META PLATFORMS INC

DFND
CL A
Shares1.15M
TypeSH
Market value$657.53M
1.15%
Sole
0.00
Shared
1.15M
None
0.00

SELECT SECTOR SPDR TR

DFND
STATE STREET FIN
Shares13M
TypeSH
Market value$641.67M
1.12%
Sole
0.00
Shared
13M
None
0.00

WESTERN DIGITAL CORP

DFND
NOTE 3.000%11/1
Shares80.50M
TypePRN
Market value$576.54M
1.00%
Sole
0.00
Shared
80.50M
None
0.00

ISHARES TR

DFND
IBOXX INV CP ETF
Shares5.11M
TypeSH
Market value$556.81M
0.97%
Sole
0.00
Shared
5.11M
None
0.00

WARNER BROS DISCOVERY INC

DFND
COM SER A
Shares19.48M
TypeSH
Market value$534.87M
0.93%
Sole
0.00
Shared
19.48M
None
0.00

VANGUARD INDEX FDS

DFND
S&P 500 ETF SHS
Shares855.34K
TypeSH
Market value$511.11M
0.89%
Sole
0.00
Shared
855.34K
None
0.00

ISHARES TR

DFND
RUSSELL 2000 ETF
Shares1.81M
TypeSH
Market value$449.60M
0.78%
Sole
0.00
Shared
1.81M
None
0.00

BROADCOM INC

DFND
COM
Shares1.43M
TypeSH
Market value$441.95M
0.77%
Sole
0.00
Shared
1.43M
None
0.00

ADVANCED MICRO DEVICES INC

DFND
COM
Shares1.76M
TypeSH
Market value$357.49M
0.62%
Sole
0.00
Shared
1.76M
None
0.00

ISHARES TR

DFND
IBOXX HI YD ETF
Shares4.47M
TypeSH
Market value$355.41M
0.62%
Sole
0.00
Shared
4.47M
None
0.00

ISHARES TR

DFND
MSCI EMG MKT ETF
Shares5.31M
TypeSH
Market value$301.51M
0.53%
Sole
0.00
Shared
5.31M
None
0.00

NEBIUS GROUP N.V.

DFND
SHS CLASS A
Shares2.16M
TypeSH
Market value$224.23M
0.39%
Sole
0.00
Shared
2.16M
None
0.00

ORACLE CORP

DFND
COM
Shares1.40M
TypeSH
Market value$206.57M
0.36%
Sole
0.00
Shared
1.40M
None
0.00
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