Capital Fund Management
PARIS, I0files as CAPITAL FUND MANAGEMENT S.A.
$14.0bn in 945 US stocks at the end of 30 June 2026. The top 10 are 13.0% of the money. It changed about 41.2% of the portfolio this quarter.
Value
$14.0bn
Stocks
945
Top 10 share
13.0%
Turnover
41.2%
What changed this quarter
New
Bought for the first time this quarter.
- State STR Spdr S&P 500 ETF TSPY0.9% of the fund
- Wells Fargo & CompanyWFC0.6% of the fund
- Invesco QQQ TRQQQ0.5% of the fund
- ComcastCMCSA0.5% of the fund
- Seagate Technology HoldingsSTX0.4% of the fund
- L3harris TechnologiesLHX0.3% of the fund
- CelesticaCLS0.3% of the fund
- EchoStarECHO0.3% of the fund
- DuPont de NemoursDD0.3% of the fund
- Intercontinental ExchangeICE0.3% of the fund
- STMicroelectronicsSTM0.3% of the fund
- Ulta BeautyULTA0.2% of the fund
- Tower SemiconductorTSEM0.2% of the fund
- FortiveFTV0.2% of the fund
- Murphy USAMUSA0.2% of the fund
- First SolarFSLR0.2% of the fund
- Lumentum HoldingsLITE0.2% of the fund
- HCA HealthcareHCA0.2% of the fund
- lululemon athleticaLULU0.2% of the fund
- RedditRDDT0.2% of the fund
- Cbre GroupCBRE0.2% of the fund
- First Majestic SilverAG0.2% of the fund
- Ishares TRIGV0.2% of the fund
- Johnson & JohnsonJNJ0.1% of the fund
- Bitmine Immersion TechnologiesBMNR0.1% of the fund
Added
Bought more of a stock they already held.
- Amazon.comAMZN1.9% of the fund+24%
- Advanced Micro DevicesAMD1.7% of the fund+50%
- CitigroupC1.5% of the fund+37%
- SalesforceCRM1.0% of the fund+355%
- Uber TechnologiesUBER0.9% of the fund+96%
- Robinhood MarketsHOOD0.9% of the fund+6%
- CaterpillarCAT0.8% of the fund+29%
- AirbnbABNB0.8% of the fund+39%
- IntelINTC0.7% of the fund+961%
- American International GroupAIG0.7% of the fund+15%
- United Airlines HoldingsUAL0.6% of the fund+102%
- MedtronicMDT0.6% of the fund+1683%
- Super Micro ComputerSMCI0.6% of the fund+195%
- JPMorgan ChaseJPM0.6% of the fund+29%
- NokiaNOK0.6% of the fund+383%
- Meta PlatformsMETA0.6% of the fund+55%
- T-Mobile USTMUS0.5% of the fund+59%
- Western DigitalWDC0.5% of the fund+19%
- DanaherDHR0.5% of the fund+90%
- O'Reilly AutomotiveORLY0.5% of the fund+361%
- Gilead SciencesGILD0.5% of the fund+709%
- MckessonMCK0.5% of the fund+60%
- Bank of AmericaBAC0.5% of the fund+149%
- CME GroupCME0.5% of the fund+374%
- Barrick MiningB0.4% of the fund+86%
Cut
Sold some of their stake.
- MicrosoftMSFT1.7% of the fund-6%
- TeslaTSLA1.5% of the fund-25%
- Taiwan Semiconductor ManufacturingTSM1.0% of the fund-45%
- Berkshire HathawayBRK-B0.8% of the fund-17%
- General ElectricGE0.7% of the fund-43%
- ChevronCVX0.7% of the fund-42%
- ASML Holding NVASML0.7% of the fund-21%
- Altria GroupMO0.5% of the fund-38%
- Boston ScientificBSX0.5% of the fund-11%
- 3MMMM0.4% of the fund-4%
- TE ConnectivityTEL0.4% of the fund-3%
- Lam ResearchLRCX0.4% of the fund-71%
- AmphenolAPH0.3% of the fund-4%
- Bloom EnergyBE0.3% of the fund-67%
- KLAKLAC0.3% of the fund-23%
- MetLifeMET0.3% of the fund-12%
- Micron TechnologyMU0.3% of the fund-91%
- SandiskSNDK0.3% of the fund-90%
- Intuitive SurgicalISRG0.3% of the fund-30%
- American Electric PowerAEP0.3% of the fund-31%
- Vertex PharmaceuticalsVRTX0.3% of the fund-42%
- Carpenter TechnologyCRS0.2% of the fund-4%
- Select Sector Spdr TRXLV0.2% of the fund-26%
- Devon EnergyDVN0.2% of the fund-55%
- Rockwell AutomationROK0.2% of the fund-16%
Sold out
Sold their entire stake.
- Palantir TechnologiesPLTR-100%
- GE VernovaGEV-100%
- Marvell TechnologyMRVL-100%
- ExxonMobil HoldingsXOM-100%
- StrykerSYK-100%
- Honeywell InternationalHON-100%
- VistraVST-100%
- ConocoPhillipsCOP-100%
- SeaSE-100%
- Moody'sMCO-100%
- MastercardMA-100%
- MercadoLibreMELI-100%
- NRG EnergyNRG-100%
- Illinois Tool WorksITW-100%
- EQTEQT-100%
- CorningGLW-100%
- Comfort Systems USAFIX-100%
- Roper TechnologiesROP-100%
- Novo Nordisk A SNVO-100%
- Costco WholesaleCOST-100%
- HSBC HoldingsHSBC-100%
- Microchip TechnologyMCHP-100%
- DoorDashDASH-100%
- RobloxRBLX-100%
- Elevance HealthELV-100%
Holdings
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.9%
- Value
- $120m
- Shares
- 161,180
New
- NokiaNOK
- Share
- 0.6%
- Value
- $80m
- Shares
- 6,061,629
+383%
- Invesco QQQ TRQQQ
- Share
- 0.5%
- Value
- $67m
- Shares
- 90,329
New
- Barrick MiningB
- Share
- 0.4%
- Value
- $63m
- Shares
- 1,703,468
+86%
- Select Sector Spdr TRXLP
- Share
- 0.3%
- Value
- $42m
- Shares
- 507,086
+79%
- Select Sector Spdr TRXLF
- Share
- 0.3%
- Value
- $42m
- Shares
- 778,421
+970%
- Kinross GoldKGC
- Share
- 0.3%
- Value
- $40m
- Shares
- 1,677,438
+23%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Amazon.comAMZN | 1.9% | $259m | 1,084,940 | +24% |
| Advanced Micro DevicesAMD | 1.7% | $242m | 417,277 | +50% |
| MicrosoftMSFT | 1.7% | $241m | 645,043 | -6% |
| CitigroupC | 1.5% | $213m | 1,522,530 | +37% |
| TeslaTSLA | 1.5% | $209m | 495,984 | -25% |
| Taiwan Semiconductor ManufacturingTSM | 1.0% | $139m | 290,034 | -45% |
| SalesforceCRM | 1.0% | $135m | 864,602 | +355% |
| Uber TechnologiesUBER | 0.9% | $130m | 1,798,112 | +96% |
| Robinhood MarketsHOOD | 0.9% | $123m | 1,227,630 | +6% |
| State STR Spdr S&P 500 ETF TSPY | 0.9% | $120m | 161,180 | New |
| CaterpillarCAT | 0.8% | $111m | 104,146 | +29% |
| Berkshire HathawayBRK-B | 0.8% | $111m | 221,197 | -17% |
| AirbnbABNB | 0.8% | $111m | 773,466 | +39% |
| General ElectricGE | 0.7% | $104m | 279,071 | -43% |
| ChevronCVX | 0.7% | $102m | 615,136 | -42% |
| IntelINTC | 0.7% | $99m | 705,653 | +961% |
| ASML Holding NVASML | 0.7% | $98m | 49,410 | -21% |
| American International GroupAIG | 0.7% | $97m | 1,302,684 | +15% |
| United Airlines HoldingsUAL | 0.6% | $87m | 641,644 | +102% |
| MedtronicMDT | 0.6% | $86m | 1,099,468 | +1683% |
| Super Micro ComputerSMCI | 0.6% | $85m | 2,881,318 | +195% |
| JPMorgan ChaseJPM | 0.6% | $84m | 256,815 | +29% |
| Wells Fargo & CompanyWFC | 0.6% | $84m | 1,012,417 | New |
| NokiaNOK | 0.6% | $80m | 6,061,629 | +383% |
| Meta PlatformsMETA | 0.6% | $78m | 138,340 | +55% |
| T-Mobile USTMUS | 0.5% | $77m | 456,839 | +59% |
| Western DigitalWDC | 0.5% | $77m | 119,831 | +19% |
| DanaherDHR | 0.5% | $76m | 398,917 | +90% |
| O'Reilly AutomotiveORLY | 0.5% | $76m | 821,101 | +361% |
| Gilead SciencesGILD | 0.5% | $75m | 595,241 | +709% |
| MckessonMCK | 0.5% | $73m | 97,237 | +60% |
| Bank of AmericaBAC | 0.5% | $69m | 1,206,139 | +149% |
| Altria GroupMO | 0.5% | $68m | 940,688 | -38% |
| Invesco QQQ TRQQQ | 0.5% | $67m | 90,329 | New |
| ComcastCMCSA | 0.5% | $66m | 2,696,412 | New |
| Boston ScientificBSX | 0.5% | $63m | 1,486,096 | -11% |
| CME GroupCME | 0.5% | $63m | 284,521 | +374% |
| Barrick MiningB | 0.4% | $63m | 1,703,468 | +86% |
| WorkdayWDAY | 0.4% | $62m | 506,319 | +1716% |
| NXP SemiconductorsNXPI | 0.4% | $61m | 217,329 | +223% |
| 3MMMM | 0.4% | $61m | 376,455 | -4% |
| TransDigm GroupTDG | 0.4% | $60m | 44,921 | +52% |
| Cognizant Technology SolutionsCTSH | 0.4% | $58m | 1,508,568 | +614% |
| DocusignDOCU | 0.4% | $58m | 1,302,842 | +37% |
| TE ConnectivityTEL | 0.4% | $57m | 285,142 | -3% |
| TargetTGT | 0.4% | $57m | 437,908 | +466% |
| Seagate Technology HoldingsSTX | 0.4% | $57m | 58,699 | New |
| BPBP | 0.4% | $56m | 1,521,243 | +111% |
| Spotify TechnologySPOT | 0.4% | $55m | 120,044 | +36% |
| ShopifySHOP | 0.4% | $55m | 481,667 | +127% |
| PinterestPINS | 0.4% | $54m | 2,586,672 | +158% |
| Automatic Data ProcessingADP | 0.4% | $54m | 242,070 | +43% |
| ServiceNowNOW | 0.4% | $54m | 542,356 | +29% |
| Chipotle Mexican GrillCMG | 0.4% | $54m | 1,577,676 | +190% |
| AtlassianTEAM | 0.4% | $53m | 682,547 | +19% |
| Parker-HannifinPH | 0.4% | $53m | 53,980 | +39% |
| ON SemiconductorON | 0.4% | $53m | 557,952 | +33% |
| Lam ResearchLRCX | 0.4% | $53m | 121,371 | -71% |
| KKRKKR | 0.4% | $52m | 562,277 | +114% |
| TwilioTWLO | 0.4% | $51m | 248,952 | +37% |
| AlbemarleALB | 0.4% | $51m | 377,476 | Held |
| Texas InstrumentsTXN | 0.4% | $51m | 170,099 | +1380% |
| Keysight TechnologiesKEYS | 0.4% | $50m | 143,265 | +161% |
| Consolidated EdisonED | 0.3% | $49m | 439,598 | +4% |
| AmphenolAPH | 0.3% | $49m | 275,668 | -4% |
| Bloom EnergyBE | 0.3% | $49m | 160,551 | -67% |
| L3harris TechnologiesLHX | 0.3% | $48m | 166,603 | New |
| KLAKLAC | 0.3% | $48m | 160,266 | -23% |
| FedExFDX | 0.3% | $48m | 153,600 | +422% |
| Alnylam PharmaceuticalsALNY | 0.3% | $47m | 155,904 | +11% |
| General MotorsGM | 0.3% | $46m | 603,215 | +115% |
| Southwest AirlinesLUV | 0.3% | $46m | 900,873 | +266% |
| Dollar GeneralDG | 0.3% | $46m | 400,579 | +196% |
| CelesticaCLS | 0.3% | $46m | 125,049 | New |
| Republic ServicesRSG | 0.3% | $45m | 209,759 | +203% |
| DexcomDXCM | 0.3% | $45m | 661,379 | +24% |
| Victoria's SecretVSXY | 0.3% | $45m | 533,098 | +109% |
| EchoStarECHO | 0.3% | $44m | 432,991 | New |
| MetLifeMET | 0.3% | $44m | 517,521 | -12% |
| Micron TechnologyMU | 0.3% | $43m | 37,110 | -91% |
| HalliburtonHAL | 0.3% | $43m | 1,256,116 | +376% |
| SandiskSNDK | 0.3% | $42m | 18,667 | -90% |
| Select Sector Spdr TRXLP | 0.3% | $42m | 507,086 | +79% |
| DuPont de NemoursDD | 0.3% | $42m | 308,500 | New |
| Select Sector Spdr TRXLF | 0.3% | $42m | 778,421 | +970% |
| AflacAFL | 0.3% | $40m | 340,440 | +85% |
| Intuitive SurgicalISRG | 0.3% | $40m | 100,307 | -30% |
| Abbott LaboratoriesABT | 0.3% | $40m | 438,231 | +637% |
| BJ's Wholesale Club HoldingsBJ | 0.3% | $40m | 454,794 | +87% |
| Intercontinental ExchangeICE | 0.3% | $40m | 322,016 | New |
| Kinross GoldKGC | 0.3% | $40m | 1,677,438 | +23% |
| Goldman Sachs GroupGS | 0.3% | $39m | 38,890 | +117% |
| IncyteINCY | 0.3% | $38m | 336,318 | +8% |
| FoxFOXA | 0.3% | $38m | 730,044 | +117% |
| BarclaysBCS | 0.3% | $38m | 1,413,268 | +35% |
| Union PacificUNP | 0.3% | $37m | 137,287 | +821% |
| STMicroelectronicsSTM | 0.3% | $36m | 483,307 | New |
| American Electric PowerAEP | 0.3% | $36m | 262,897 | -31% |
| Vertex PharmaceuticalsVRTX | 0.3% | $35m | 71,088 | -42% |
| Horton D RDHI | 0.3% | $35m | 214,930 | +28% |
Showing the largest 100 of 945.
Options (50)
- Micron TechnologyMU
- Type
- Put
- Value
- $249m
- Contracts
- 215,300
- Advanced Micro DevicesAMD
- Type
- Put
- Value
- $90m
- Contracts
- 154,600
- Micron TechnologyMU
- Type
- Call
- Value
- $85m
- Contracts
- 73,300
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $83m
- Contracts
- 110,700
- AppleAAPL
- Type
- Put
- Value
- $81m
- Contracts
- 279,200
- IntelINTC
- Type
- Call
- Value
- $79m
- Contracts
- 566,900
- Taiwan Semiconductor ManufacturingTSM
- Type
- Put
- Value
- $78m
- Contracts
- 162,400
- IntelINTC
- Type
- Put
- Value
- $74m
- Contracts
- 533,300
- AppleAAPL
- Type
- Call
- Value
- $69m
- Contracts
- 238,500
- TeslaTSLA
- Type
- Put
- Value
- $68m
- Contracts
- 161,100
- Vaneck ETF TrustSMH
- Type
- Put
- Value
- $68m
- Contracts
- 103,300
- TeslaTSLA
- Type
- Call
- Value
- $66m
- Contracts
- 156,800
- State STR Spdr S&P 500 ETF TSPY
- Type
- Call
- Value
- $65m
- Contracts
- 86,900
- Advanced Micro DevicesAMD
- Type
- Call
- Value
- $59m
- Contracts
- 102,200
- IsharesEWZ
- Type
- Call
- Value
- $58m
- Contracts
- 1,688,400
- Palantir TechnologiesPLTR
- Type
- Call
- Value
- $57m
- Contracts
- 490,600
- CaterpillarCAT
- Type
- Put
- Value
- $56m
- Contracts
- 52,800
- AlphabetGOOGL
- Type
- Call
- Value
- $56m
- Contracts
- 157,100
- NvidiaNVDA
- Type
- Call
- Value
- $54m
- Contracts
- 270,600
- UnitedHealth GroupUNH
- Type
- Put
- Value
- $53m
- Contracts
- 126,400
- ServiceNowNOW
- Type
- Call
- Value
- $50m
- Contracts
- 499,200
- ARM HoldingsARM
- Type
- Put
- Value
- $49m
- Contracts
- 138,800
- NvidiaNVDA
- Type
- Put
- Value
- $48m
- Contracts
- 241,500
- Western DigitalWDC
- Type
- Put
- Value
- $48m
- Contracts
- 75,400
- Goldman Sachs GroupGS
- Type
- Put
- Value
- $48m
- Contracts
- 47,500
- Spdr Series TrustKRE
- Type
- Put
- Value
- $47m
- Contracts
- 628,700
- SalesforceCRM
- Type
- Call
- Value
- $47m
- Contracts
- 297,900
- Lam ResearchLRCX
- Type
- Put
- Value
- $45m
- Contracts
- 104,400
- Costco WholesaleCOST
- Type
- Call
- Value
- $44m
- Contracts
- 47,500
- Amazon.comAMZN
- Type
- Call
- Value
- $44m
- Contracts
- 184,100
- Eli LillyLLY
- Type
- Put
- Value
- $43m
- Contracts
- 35,800
- Select Sector Spdr TRXLF
- Type
- Put
- Value
- $43m
- Contracts
- 800,100
- CaterpillarCAT
- Type
- Call
- Value
- $43m
- Contracts
- 40,000
- MicrosoftMSFT
- Type
- Call
- Value
- $42m
- Contracts
- 113,900
- Select Sector Spdr TRXLF
- Type
- Call
- Value
- $41m
- Contracts
- 758,200
- OracleORCL
- Type
- Put
- Value
- $40m
- Contracts
- 276,300
- Taiwan Semiconductor ManufacturingTSM
- Type
- Call
- Value
- $40m
- Contracts
- 84,500
- UnitedHealth GroupUNH
- Type
- Call
- Value
- $40m
- Contracts
- 96,800
- Meta PlatformsMETA
- Type
- Call
- Value
- $40m
- Contracts
- 71,300
- Marvell TechnologyMRVL
- Type
- Put
- Value
- $40m
- Contracts
- 134,100
- Walt DisneyDIS
- Type
- Call
- Value
- $39m
- Contracts
- 408,300
- Meta PlatformsMETA
- Type
- Put
- Value
- $39m
- Contracts
- 69,300
- Palo Alto NetworksPANW
- Type
- Call
- Value
- $39m
- Contracts
- 113,800
- Lumentum HoldingsLITE
- Type
- Put
- Value
- $38m
- Contracts
- 44,100
- JPMorgan ChaseJPM
- Type
- Put
- Value
- $36m
- Contracts
- 110,300
- SandiskSNDK
- Type
- Put
- Value
- $35m
- Contracts
- 15,600
- ARM HoldingsARM
- Type
- Call
- Value
- $35m
- Contracts
- 97,600
- IsharesEWZ
- Type
- Put
- Value
- $34m
- Contracts
- 976,600
- SalesforceCRM
- Type
- Put
- Value
- $33m
- Contracts
- 210,800
- Astera LabsALAB
- Type
- Put
- Value
- $33m
- Contracts
- 67,400
| Company | Type | Value | Contracts |
|---|---|---|---|
| Micron TechnologyMU | Put | $249m | 215,300 |
| Advanced Micro DevicesAMD | Put | $90m | 154,600 |
| Micron TechnologyMU | Call | $85m | 73,300 |
| State STR Spdr S&P 500 ETF TSPY | Put | $83m | 110,700 |
| AppleAAPL | Put | $81m | 279,200 |
| IntelINTC | Call | $79m | 566,900 |
| Taiwan Semiconductor ManufacturingTSM | Put | $78m | 162,400 |
| IntelINTC | Put | $74m | 533,300 |
| AppleAAPL | Call | $69m | 238,500 |
| TeslaTSLA | Put | $68m | 161,100 |
| Vaneck ETF TrustSMH | Put | $68m | 103,300 |
| TeslaTSLA | Call | $66m | 156,800 |
| State STR Spdr S&P 500 ETF TSPY | Call | $65m | 86,900 |
| Advanced Micro DevicesAMD | Call | $59m | 102,200 |
| IsharesEWZ | Call | $58m | 1,688,400 |
| Palantir TechnologiesPLTR | Call | $57m | 490,600 |
| CaterpillarCAT | Put | $56m | 52,800 |
| AlphabetGOOGL | Call | $56m | 157,100 |
| NvidiaNVDA | Call | $54m | 270,600 |
| UnitedHealth GroupUNH | Put | $53m | 126,400 |
| ServiceNowNOW | Call | $50m | 499,200 |
| ARM HoldingsARM | Put | $49m | 138,800 |
| NvidiaNVDA | Put | $48m | 241,500 |
| Western DigitalWDC | Put | $48m | 75,400 |
| Goldman Sachs GroupGS | Put | $48m | 47,500 |
| Spdr Series TrustKRE | Put | $47m | 628,700 |
| SalesforceCRM | Call | $47m | 297,900 |
| Lam ResearchLRCX | Put | $45m | 104,400 |
| Costco WholesaleCOST | Call | $44m | 47,500 |
| Amazon.comAMZN | Call | $44m | 184,100 |
| Eli LillyLLY | Put | $43m | 35,800 |
| Select Sector Spdr TRXLF | Put | $43m | 800,100 |
| CaterpillarCAT | Call | $43m | 40,000 |
| MicrosoftMSFT | Call | $42m | 113,900 |
| Select Sector Spdr TRXLF | Call | $41m | 758,200 |
| OracleORCL | Put | $40m | 276,300 |
| Taiwan Semiconductor ManufacturingTSM | Call | $40m | 84,500 |
| UnitedHealth GroupUNH | Call | $40m | 96,800 |
| Meta PlatformsMETA | Call | $40m | 71,300 |
| Marvell TechnologyMRVL | Put | $40m | 134,100 |
| Walt DisneyDIS | Call | $39m | 408,300 |
| Meta PlatformsMETA | Put | $39m | 69,300 |
| Palo Alto NetworksPANW | Call | $39m | 113,800 |
| Lumentum HoldingsLITE | Put | $38m | 44,100 |
| JPMorgan ChaseJPM | Put | $36m | 110,300 |
| SandiskSNDK | Put | $35m | 15,600 |
| ARM HoldingsARM | Call | $35m | 97,600 |
| IsharesEWZ | Put | $34m | 976,600 |
| SalesforceCRM | Put | $33m | 210,800 |
| Astera LabsALAB | Put | $33m | 67,400 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 54.0% since 30 June 2025.
Where the money is
Technology23.4%
Financial services15.0%
Industrials14.3%
Retail & consumer12.1%
Health care8.9%
Materials4.6%
Everyday goods3.8%
Energy3.5%
Media & telecom3.5%
Utilities2.6%
Real estate2.2%
Other6.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.