Latest CAPITAL FUND MANAGEMENT S.A. Stock Portfolio

CAPITAL FUND MANAGEMENT S.A. Performance:

2025 Q4: 0.47%YTD: 6.06%2024: 7.45%

Performance for 2025 Q4 is 0.47%, and YTD is 6.06%, and 2024 is 7.45%.

About CAPITAL FUND MANAGEMENT S.A. and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, CAPITAL FUND MANAGEMENT S.A. reported an equity portfolio of $36 Billions as of 31 Dec, 2025.

The top stock holdings of CAPITAL FUND MANAGEMENT S.A. are NVDA, TSLA, AAPL. The fund has invested 0.8% of it's portfolio in NVIDIA CORPORATION COM and 0.7% of portfolio in TESLA INC COM.

The fund managers got completely rid off FAIR ISAAC CORP (FICO), BROWN & BROWN INC (BRO) and EVEREST GROUP LTD stocks. They significantly reduced their stock positions in GAMESTOP CORP NEW CL A (GME), RIVIAN AUTOMOTIVE INC COM CL A (RIVN) and CSX CORP COM (CSX). CAPITAL FUND MANAGEMENT S.A. opened new stock positions in BOOKING HOLDINGS INC COM (BKNG), SERVICENOW INC COM (NOW) and SPDR S&P 500 ETF TR TR UNIT (SPY). The fund showed a lot of confidence in some stocks as they added substantially to SUPER MICRO COMPUTER INC COM NEW (SMCI), ARCHER AVIATION INC COM CL A (ACHR) and AT&T INC COM (T).

CAPITAL FUND MANAGEMENT S.A. Annual Return Estimates Vs S&P 500

Our best estimate is that CAPITAL FUND MANAGEMENT S.A. made a return of 0.47% in the last quarter. In trailing 12 months, it's portfolio return was 6.06%.

Performance
S&P 500

New Buys

Ticker	$ Bought
booking holdings inc com	116,719,000
servicenow inc com	80,120,500
spdr s&p 500 etf tr tr unit	58,986,100
meta platforms inc cl a	51,836,200
ishares tr china lg-cap etf	45,880,300
eaton corp plc shs	38,599,000
spdr series trust state street spd	35,704,200
the trade desk inc com cl a	34,564,500

New stocks bought by CAPITAL FUND MANAGEMENT S.A.

Additions

Ticker	% Inc.
super micro computer inc com new	6,058
archer aviation inc com cl a	5,637
at&t inc com	2,074
rocket cos inc com cl a	1,428
nuscale pwr corp cl a com	1,296
arm holdings plc sponsored ads	1,028
bank america corp com	935
quantum computing inc com	605

Additions to existing portfolio by CAPITAL FUND MANAGEMENT S.A.

Reductions

Ticker	% Reduced
qualcomm inc com	-78.03
intuitive surgical inc com new	-67.58
select sector spdr tr state street fin	-67.29
ishares inc msci brazil etf	-60.25
morgan stanley com new	-58.98
barrick mng corp com shs	-53.71
ciena corp com new	-52.41
fox corp cl a com	-52.07

CAPITAL FUND MANAGEMENT S.A. reduced stake in above stock

Sold off

None of the stocks were completely sold off by CAPITAL FUND MANAGEMENT S.A.

Sector Distribution

CAPITAL FUND MANAGEMENT S.A. has about 21% of it's holdings in Technology sector.

Sector	%
Technology	21
Others	19.1
Financial Services	12.5
Industrials	11.5
Consumer Cyclical	11.5
Healthcare	7.5
Consumer Defensive	3.8
Communication Services	3.8
Energy	3.7
Basic Materials	2.4
Utilities	2.2

Market Cap. Distribution

CAPITAL FUND MANAGEMENT S.A. has about 65.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	44.1
MEGA-CAP	21.5
UNALLOCATED	19.1
MID-CAP	13.2
SMALL-CAP	2.1

Stocks belong to which Index?

About 64.3% of the stocks held by CAPITAL FUND MANAGEMENT S.A. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	56
Others	35.8
RUSSELL 2000	8.3

Top 5 Winners (%)		%
XLB	select sector spdr tr state street hea	72.5 %
XLB	select sector spdr tr state street fin	68.6 %
VSCO	victorias secret and co common stock	65.8 %
ALB	albemarle corp com	61.0 %
MU	micron technology inc com	53.9 %

Top 5 Winners ($)		$
MU	micron technology inc com	51.5 M
XLB	select sector spdr tr state street fin	41.2 M
XLB	select sector spdr tr state street hea	33.9 M
ALB	albemarle corp com	23.6 M
ISRG	intuitive surgical inc com new	17.9 M

Top 5 Losers (%)		%
MSTR	strategy inc cl a new	-52.7 %
MARA	mara holdings inc com	-50.3 %
AMSC	american superconductor corp shs new	-49.3 %
NTLA	intellia therapeutics inc com	-47.8 %
CORT	corcept therapeutics inc com	-46.8 %

Top 5 Losers ($)		$
	fiserv inc com	-33.6 M
NFLX	netflix inc com	-24.6 M
SE	sea ltd sponsord ads	-24.1 M
SMR	nuscale pwr corp cl a com	-22.2 M
	circle internet group inc com cl a	-20.4 M

CAPITAL FUND MANAGEMENT S.A. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of CAPITAL FUND MANAGEMENT S.A.

CAPITAL FUND MANAGEMENT S.A. has 833 stocks in it's portfolio. About 4.6% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. MU was the most profitable stock for CAPITAL FUND MANAGEMENT S.A. last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc com	0.64	850,925	231,332,000	reduced	-24.88

ABNB	airbnb inc com cl a	0.26	675,585	91,690,400	added	12.5

ACHR	archer aviation inc com cl a	0.05	2,571,210	19,335,500	added	5,637

ACWV	ishares inc msci brazil etf	0.06	679,231	21,579,200	reduced	-60.25

ADBE	adobe inc com	0.16	162,242	56,783,100	reduced	-44.45

AEM	agnico eagle mines ltd com	0.14	291,105	49,351,000	added	36.97

AEP	american elec pwr co inc com	0.10	328,211	37,846,000	reduced	-2.35

AFL	aflac inc com	0.07	234,085	25,812,600	reduced	-2.37

AFRM	affirm hldgs inc com cl a	0.06	311,780	23,205,800	added	174

AIG	american intl group inc com new	0.14	569,791	48,745,600	reduced	-20.00

ALB	albemarle corp com	0.17	440,151	62,255,000	added	28.78

ALGN	align technology inc com	0.07	151,895	23,718,400	added	222

ALK	alaska air group inc com	0.10	727,847	36,610,700	added	102

AMD	advanced micro devices inc com	0.29	480,397	102,882,000	added	493

AMZN	amazon com inc com	0.28	431,796	99,667,200	reduced	-3.79

ANET	arista networks inc com shs	0.05	148,985	19,521,500	reduced	-32.54

ANF	abercrombie & fitch co cl a	0.10	270,658	34,067,700	reduced	-3.43

ASML	asml holding n v n y registry shs	0.08	27,291	29,197,500	new

BAC	bank america corp com	0.29	1,887,990	103,840,000	added	935

BIL	spdr series trust state street spd	0.10	550,905	35,704,200	new