Latest CAPSTONE INVESTMENT ADVISORS, LLC Stock Portfolio

CAPSTONE INVESTMENT ADVISORS, LLC Performance:

2025 Q4: 3.54%YTD: 19.24%2024: 9.63%

Performance for 2025 Q4 is 3.54%, and YTD is 19.24%, and 2024 is 9.63%.

About CAPSTONE INVESTMENT ADVISORS, LLC and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, CAPSTONE INVESTMENT ADVISORS, LLC reported an equity portfolio of $51.1 Billions as of 31 Dec, 2025.

The top stock holdings of CAPSTONE INVESTMENT ADVISORS, LLC are NVDA, IJR, GOOG. The fund has invested 3.1% of it's portfolio in NVIDIA CORPORATION and 2.4% of portfolio in ISHARES TR.

The fund managers got completely rid off MR COOPER GROUP INC (COOP), VERONA PHARMA PLC (VRNA) and CHART INDS INC (GTLS) stocks. They significantly reduced their stock positions in INSPIRE MED SYS INC (INSP), UNITEDHEALTH GROUP INC (UNH) and CITIGROUP INC (C). CAPSTONE INVESTMENT ADVISORS, LLC opened new stock positions in WARNER BROS DISCOVERY INC (WBD), DAYFORCE INC (CDAY) and SPDR SERIES TRUST (BIL). The fund showed a lot of confidence in some stocks as they added substantially to SELECT SECTOR SPDR TR (XLB), NEW GOLD INC CDA (NGD) and KENVUE INC.

CAPSTONE INVESTMENT ADVISORS, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that CAPSTONE INVESTMENT ADVISORS, LLC made a return of 3.54% in the last quarter. In trailing 12 months, it's portfolio return was 19.24%.

Performance
S&P 500

New Buys

Ticker	$ Bought
warner bros discovery inc	108,075,000
dayforce inc	69,539,700
spdr series trust	60,235,900
echostar corp	29,109,800
iren limited	26,279,000
hologic inc	25,083,800
mastec inc	21,953,700
medline inc	20,538,000

New stocks bought by CAPSTONE INVESTMENT ADVISORS, LLC

Additions

Ticker	% Inc.
select sector spdr tr	7,912
new gold inc cda	6,047
kenvue inc	4,979
amicus therapeutics inc	4,110
coinbase global inc	3,862
exact sciences corp	2,777
palo alto networks inc	1,498
taiwan semiconductor mfg ltd	1,283

Additions to existing portfolio by CAPSTONE INVESTMENT ADVISORS, LLC

Reductions

Ticker	% Reduced
core scientific inc new	-94.36
walmart inc	-89.9
intuit	-78.35
merck & co inc	-69.87
microsoft corp	-66.26
nike inc	-64.39
starbucks corp	-64.29
ishares tr	-64.03

CAPSTONE INVESTMENT ADVISORS, LLC reduced stake in above stock

Sold off

None of the stocks were completely sold off by CAPSTONE INVESTMENT ADVISORS, LLC

Sector Distribution

CAPSTONE INVESTMENT ADVISORS, LLC has about 33.2% of it's holdings in Technology sector.

Sector	%
Technology	33.2
Others	28.8
Communication Services	18.3
Consumer Cyclical	11.5
Industrials	4.1
Healthcare	1.3
Financial Services	1.1

Market Cap. Distribution

CAPSTONE INVESTMENT ADVISORS, LLC has about 66.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	57.3
UNALLOCATED	28.8
LARGE-CAP	9.5
MID-CAP	3.8

Stocks belong to which Index?

About 66% of the stocks held by CAPSTONE INVESTMENT ADVISORS, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	64
Others	34
RUSSELL 2000	2

Top 5 Winners (%)		%
XLB	select sector spdr tr	94.8 %
	sandisk corp	86.3 %
LITE	lumentum hldgs inc	73.4 %
MU	micron technology inc	45.8 %
CIEN	ciena corp	39.0 %

Top 5 Winners ($)		$
GOOG	alphabet inc	141.3 M
AMD	advanced micro devices inc	134.9 M
XLB	select sector spdr tr	79.2 M
AMZN	amazon com inc	41.7 M
GOOG	alphabet inc	41.3 M

Top 5 Losers (%)		%
FMC	fmc corp	-52.5 %
	fiserv inc	-47.0 %
MSTR	strategy inc	-41.2 %
RBLX	roblox corp	-39.6 %
	coreweave inc	-36.1 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-49.1 M
META	meta platforms inc	-27.0 M
ORCL	oracle corp	-24.8 M
NFLX	netflix inc	-8.0 M
	core scientific inc new	-7.9 M

CAPSTONE INVESTMENT ADVISORS, LLC Holdings Map

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

Current Stock Holdings of CAPSTONE INVESTMENT ADVISORS, LLC

CAPSTONE INVESTMENT ADVISORS, LLC has 720 stocks in it's portfolio. About 13.2% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for CAPSTONE INVESTMENT ADVISORS, LLC last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.54	1,024,890	278,626,000	added	5.21

AAXJ	ishares tr	0.05	242,601	25,985,000	added	125

AAXJ	ishares tr	0.04	251,370	20,268,000	added	15.63

AAXJ	ishares tr	0.04	327,501	17,645,800	added	19.7

ABNB	airbnb inc	0.15	75,739,000	75,133,100	added	7.92

ACN	accenture plc ireland	0.02	41,367	11,098,800	reduced	-19.74

ACWF	ishares tr	0.03	338,501	14,511,500	added	18.94

ADBE	adobe inc	0.02	35,045	12,265,400	added	78.67

AIG	american intl group inc	0.01	62,000	5,304,100	added	863

AKAM	akamai technologies inc	0.09	44,000,000	43,582,000	added	12.82

AKAM	akamai technologies inc	0.06	32,610,000	32,773,000	reduced	-7.12

ALNY	alnylam pharmaceuticals inc	0.01	8,918	3,546,240	added	624

ALRM	alarm com hldgs inc	0.09	46,408,000	46,524,000	unchanged	0.00

AMD	advanced micro devices inc	1.03	2,467,640	528,469,000	reduced	-8.05

AMZN	amazon com inc	1.21	2,669,270	616,120,000	reduced	-43.71

ARAY	accuray inc del	0.01	4,500,000	4,320,000	unchanged	0.00

ASND	ascendis pharma a/s	0.07	25,750,000	36,576,600	added	45.07

ATEC	alphatec hldgs inc	0.02	9,968,000	12,460,000	unchanged	0.00

AVGO	broadcom inc	0.28	406,195	140,584,000	added	895

BAND	bandwidth inc	0.01	4,000,000	3,494,000	reduced	-20.00