Capstone Investment Advisors
NEW YORK, NYfiles as CAPSTONE INVESTMENT ADVISORS, LLC
$10.9bn in 858 US stocks at the end of 30 June 2026. The top 10 are 66.1% of the money. It changed about 30.9% of the portfolio this quarter.
Value
$10.9bn
Stocks
858
Top 10 share
66.1%
Turnover
30.9%
What changed this quarter
New
Bought for the first time this quarter.
- NokiaNOK1.8% of the fund
- Space Exploration TechnologiesSPCX1.3% of the fund
- EtsyETSY0.4% of the fund
- Cerebras SystemsCBRS0.4% of the fund
- Ishares TRHYG0.3% of the fund
- Spdr Series TrustSJNK0.3% of the fund
- Spdr Series TrustJNK0.2% of the fund
- Ishares TRSHYG0.2% of the fund
- GlobalstarGSAT0.2% of the fund
- Ishares TRIWM0.2% of the fund
- Ishares TRMUB0.2% of the fund
- Axalta Coating SystemsAXTA0.2% of the fund
- Apogee TherapeuticsAPGE0.1% of the fund
- InnioINIO0.1% of the fund
- Nuvalent0.1% of the fund
- Bio-TechneTECH0.1% of the fund
- Vaneck ETF TrustHYD0.1% of the fund
- Spdr Series TrustCWB0.1% of the fund
- Janus LivingJAN<0.1% of the fund
- QXOQXO<0.1% of the fund
- NCR AtleosNATL<0.1% of the fund
- CompassCOMP<0.1% of the fund
- Cardinal Infrastructure GroupCDNL<0.1% of the fund
- ChevronCVX<0.1% of the fund
- Rio TintoRIO<0.1% of the fund
Added
Bought more of a stock they already held.
- MicrosoftMSFT14.7% of the fund+55%
- NvidiaNVDA12.6% of the fund+71%
- Meta PlatformsMETA3.1% of the fund+75%
- Invesco QQQ TRQQQ2.9% of the fund+1256%
- Micron TechnologyMU2.4% of the fund+331%
- OracleORCL1.6% of the fund+38%
- BroadcomAVGO1.5% of the fund+19%
- StrategyMSTR1.0% of the fund+1948%
- Palantir TechnologiesPLTR1.0% of the fund+188%
- Berkshire HathawayBRK-B0.9% of the fund+628%
- Chart Inds0.7% of the fund+127%
- Alibaba Group HldgBABA0.7% of the fund+9612%
- Webster FinancialWBS0.7% of the fund+10%
- Ishares TRFXI0.6% of the fund+110%
- KenvueKVUE0.6% of the fund+35%
- Taiwan Semiconductor ManufacturingTSM0.5% of the fund+132%
- RokuROKU0.4% of the fund+1652%
- SandiskSNDK0.4% of the fund+421%
- AdobeADBE0.4% of the fund+130%
- NetflixNFLX0.3% of the fund+417%
- IsharesEWZ0.2% of the fund+1230%
- Uber TechnologiesUBER0.2% of the fund+2%
- lululemon athleticaLULU0.2% of the fund+31%
- ValarisVAL0.2% of the fund+141%
- Constellation EnergyCEG0.2% of the fund+14%
Cut
Sold some of their stake.
- Amazon.comAMZN6.7% of the fund-46%
- TeslaTSLA5.1% of the fund-9%
- AppleAAPL2.5% of the fund-5%
- AlphabetGOOG0.9% of the fund-68%
- Warner Bros. DiscoveryWBD0.8% of the fund-67%
- State STR Spdr S&P 500 ETF TSPY0.7% of the fund-83%
- Ishares TREEM0.4% of the fund-17%
- Advanced Micro DevicesAMD0.3% of the fund-91%
- GXO LogisticsGXO0.2% of the fund-54%
- CoreWeaveCRWV0.1% of the fund-46%
- AlphabetGOOGL0.1% of the fund-95%
- KKRKKR<0.1% of the fund-15%
- AlcoaAA<0.1% of the fund-63%
- Wells Fargo & CompanyWFC<0.1% of the fund-8%
- Forgent Power SolutionsFPS<0.1% of the fund-50%
- VistraVST<0.1% of the fund-52%
- Spdr Series TrustKRE<0.1% of the fund-74%
- Jacobs SolutionsJ<0.1% of the fund-78%
- Spdr Series TrustXBI<0.1% of the fund-30%
- Apollo Global ManagementAPO<0.1% of the fund-43%
- IntelINTC<0.1% of the fund-81%
- BoeingBA<0.1% of the fund-62%
- International Business MachinesIBM<0.1% of the fund-87%
- Anheuser-Busch InBev SABUD<0.1% of the fund-16%
- StarbucksSBUX<0.1% of the fund-56%
Sold out
Sold their entire stake.
- Electronic ArtsEA-100%
- Palo Alto NetworksPANW-100%
- Clearwater Analytics Hldgs I-100%
- FlowserveFLS-100%
- Coterra EnergyCTRA-100%
- VisaV-100%
- LyondellBasell IndustriesLYB-100%
- Apellis Pharmaceuticals-100%
- IsharesEWY-100%
- AECOMACM-100%
- Hologic-100%
- DAY One Biopharmaceuticals I-100%
- Union PacificUNP-100%
- CrowdStrike HoldingsCRWD-100%
- Ishares Silver TRSLV-100%
- CSXCSX-100%
- Amicus Therapeutics-100%
- Live Nation EntertainmentLYV-100%
- Kennedy-Wilson Holdings-100%
- HersheyHSY-100%
- Texas InstrumentsTXN-100%
- WalmartWMT-100%
- GAPGAP-100%
- Franco NevadaFNV-100%
- Bellring BrandsBRBR-100%
Holdings
- Ishares TRIVV
- Share
- 10.7%
- Value
- $1.2bn
- Shares
- 1,562,108
Held
- Vanguard Index FDSVOO
- Share
- 5.4%
- Value
- $589m
- Shares
- 857,924
Held
- Invesco QQQ TRQQQ
- Share
- 2.9%
- Value
- $314m
- Shares
- 426,945
+1256%
- NokiaNOK
- Share
- 1.8%
- Value
- $194m
- Shares
- 14,595,379
New
- Space Exploration TechnologiesSPCX
- Share
- 1.3%
- Value
- $139m
- Shares
- 812,500
New
- Chart Inds
- Share
- 0.7%
- Value
- $77m
- Shares
- 370,000
+127%
- State STR Spdr S&P 500 ETF TSPY
- Share
- 0.7%
- Value
- $76m
- Shares
- 101,328
-83%
- Alibaba Group HldgBABA
- Share
- 0.7%
- Value
- $74m
- Shares
- 773,268
+9612%
- Webster FinancialWBS
- Share
- 0.7%
- Value
- $71m
- Shares
- 935,000
+10%
- Ishares TRFXI
- Share
- 0.6%
- Value
- $70m
- Shares
- 2,201,127
+110%
- Select Sector Spdr TRXLE
- Share
- 0.6%
- Value
- $62m
- Shares
- 1,164,746
Held
- Cerebras SystemsCBRS
- Share
- 0.4%
- Value
- $45m
- Shares
- 202,100
New
- Ishares TREEM
- Share
- 0.4%
- Value
- $41m
- Shares
- 605,065
-17%
- Ishares TRHYG
- Share
- 0.3%
- Value
- $30m
- Shares
- 372,550
New
- Spdr Series TrustSJNK
- Share
- 0.3%
- Value
- $28m
- Shares
- 1,110,001
New
- Spdr Series TrustJNK
- Share
- 0.2%
- Value
- $27m
- Shares
- 277,601
New
- IsharesEWZ
- Share
- 0.2%
- Value
- $26m
- Shares
- 748,291
+1230%
- Ishares TRSHYG
- Share
- 0.2%
- Value
- $25m
- Shares
- 598,401
New
- Ishares TRIWM
- Share
- 0.2%
- Value
- $21m
- Shares
- 68,994
New
- Ishares TRMUB
- Share
- 0.2%
- Value
- $20m
- Shares
- 187,001
New
- Apogee TherapeuticsAPGE
- Share
- 0.1%
- Value
- $16m
- Shares
- 120,000
New
- InnioINIO
- Share
- 0.1%
- Value
- $16m
- Shares
- 400,000
New
- Nuvalent
- Share
- 0.1%
- Value
- $16m
- Shares
- 126,303
New
- Vaneck ETF TrustHYD
- Share
- 0.1%
- Value
- $14m
- Shares
- 280,101
New
- Spdr Series TrustCWB
- Share
- 0.1%
- Value
- $14m
- Shares
- 130,601
New
- Janus LivingJAN
- Share
- <0.1%
- Value
- $11m
- Shares
- 375,000
New
- Neuberger Next Generation Connectivity FundNBXG
- Share
- <0.1%
- Value
- $8m
- Shares
- 488,681
Held
- Gabelli Divid & Income TRXGDVX
- Share
- <0.1%
- Value
- $8m
- Shares
- 262,242
Held
- Liberty BroadbandLBRDK
- Share
- <0.1%
- Value
- $7m
- Shares
- 222,568
New
- Vaneck ETF TrustGDX
- Share
- <0.1%
- Value
- $7m
- Shares
- 97,114
+262%
- Spdr Series TrustKRE
- Share
- <0.1%
- Value
- $7m
- Shares
- 97,629
-74%
- ASA Gold & Precious MetalsASA
- Share
- <0.1%
- Value
- $7m
- Shares
- 129,134
Held
- Liberty BroadbandLBRDA
- Share
- <0.1%
- Value
- $7m
- Shares
- 200,000
New
- Spdr Series TrustXBI
- Share
- <0.1%
- Value
- $6m
- Shares
- 40,463
-30%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| MicrosoftMSFT | 14.7% | $1.6bn | 4,303,251 | +55% |
| NvidiaNVDA | 12.6% | $1.4bn | 6,869,767 | +71% |
| Ishares TRIVV | 10.7% | $1.2bn | 1,562,108 | Held |
| Amazon.comAMZN | 6.7% | $736m | 3,089,477 | -46% |
| Vanguard Index FDSVOO | 5.4% | $589m | 857,924 | Held |
| TeslaTSLA | 5.1% | $556m | 1,322,989 | -9% |
| Meta PlatformsMETA | 3.1% | $335m | 594,871 | +75% |
| Invesco QQQ TRQQQ | 2.9% | $314m | 426,945 | +1256% |
| AppleAAPL | 2.5% | $270m | 934,697 | -5% |
| Micron TechnologyMU | 2.4% | $266m | 230,359 | +331% |
| NokiaNOK | 1.8% | $194m | 14,595,379 | New |
| OracleORCL | 1.6% | $178m | 1,217,291 | +38% |
| BroadcomAVGO | 1.5% | $169m | 448,295 | +19% |
| Space Exploration TechnologiesSPCX | 1.3% | $139m | 812,500 | New |
| StrategyMSTR | 1.0% | $113m | 1,298,361 | +1948% |
| Palantir TechnologiesPLTR | 1.0% | $108m | 925,130 | +188% |
| Berkshire HathawayBRK-B | 0.9% | $99m | 197,358 | +628% |
| AlphabetGOOG | 0.9% | $96m | 271,923 | -68% |
| Warner Bros. DiscoveryWBD | 0.8% | $91m | 3,405,000 | -67% |
| Chart Inds | 0.7% | $77m | 370,000 | +127% |
| State STR Spdr S&P 500 ETF TSPY | 0.7% | $76m | 101,328 | -83% |
| Alibaba Group HldgBABA | 0.7% | $74m | 773,268 | +9612% |
| Webster FinancialWBS | 0.7% | $71m | 935,000 | +10% |
| Ishares TRFXI | 0.6% | $70m | 2,201,127 | +110% |
| KenvueKVUE | 0.6% | $69m | 3,599,857 | +35% |
| Select Sector Spdr TRXLE | 0.6% | $62m | 1,164,746 | Held |
| Taiwan Semiconductor ManufacturingTSM | 0.5% | $53m | 110,383 | +132% |
| EtsyETSY | 0.4% | $48m | 640,706 | New |
| Cerebras SystemsCBRS | 0.4% | $45m | 202,100 | New |
| RokuROKU | 0.4% | $44m | 320,000 | +1652% |
| SandiskSNDK | 0.4% | $44m | 19,435 | +421% |
| Ishares TREEM | 0.4% | $41m | 605,065 | -17% |
| AdobeADBE | 0.4% | $40m | 195,190 | +130% |
| NetflixNFLX | 0.3% | $38m | 529,559 | +417% |
| Advanced Micro DevicesAMD | 0.3% | $35m | 60,963 | -91% |
| Ishares TRHYG | 0.3% | $30m | 372,550 | New |
| Spdr Series TrustSJNK | 0.3% | $28m | 1,110,001 | New |
| Spdr Series TrustJNK | 0.2% | $27m | 277,601 | New |
| IsharesEWZ | 0.2% | $26m | 748,291 | +1230% |
| Ishares TRSHYG | 0.2% | $25m | 598,401 | New |
| GlobalstarGSAT | 0.2% | $24m | 300,000 | New |
| Uber TechnologiesUBER | 0.2% | $23m | 316,531 | +2% |
| GXO LogisticsGXO | 0.2% | $23m | 447,959 | -54% |
| lululemon athleticaLULU | 0.2% | $22m | 188,947 | +31% |
| Ishares TRIWM | 0.2% | $21m | 68,994 | New |
| Ishares TRMUB | 0.2% | $20m | 187,001 | New |
| ValarisVAL | 0.2% | $17m | 240,000 | +141% |
| Axalta Coating SystemsAXTA | 0.2% | $17m | 500,000 | New |
| Constellation EnergyCEG | 0.2% | $17m | 68,681 | +14% |
| SalesforceCRM | 0.2% | $17m | 108,524 | +533% |
| Lumentum HoldingsLITE | 0.2% | $16m | 19,176 | +2092% |
| CME GroupCME | 0.1% | $16m | 73,981 | +22% |
| Apogee TherapeuticsAPGE | 0.1% | $16m | 120,000 | New |
| InnioINIO | 0.1% | $16m | 400,000 | New |
| Nuvalent | 0.1% | $16m | 126,303 | New |
| BlackstoneBX | 0.1% | $16m | 132,114 | +5% |
| Bio-TechneTECH | 0.1% | $15m | 210,000 | New |
| Vaneck ETF TrustHYD | 0.1% | $14m | 280,101 | New |
| IntuitINTU | 0.1% | $14m | 54,053 | +185% |
| Spdr Series TrustCWB | 0.1% | $14m | 130,601 | New |
| FoxFOX | 0.1% | $14m | 299,700 | +50% |
| Coinbase GlobalCOIN | 0.1% | $13m | 90,181 | +60% |
| CoreWeaveCRWV | 0.1% | $12m | 122,219 | -46% |
| AlphabetGOOGL | 0.1% | $12m | 32,227 | -95% |
| ServiceNowNOW | 0.1% | $11m | 114,841 | +22% |
| KKRKKR | <0.1% | $11m | 117,885 | -15% |
| Janus LivingJAN | <0.1% | $11m | 375,000 | New |
| AlcoaAA | <0.1% | $10m | 201,349 | -63% |
| QXOQXO | <0.1% | $10m | 600,000 | New |
| AT&TT | <0.1% | $10m | 487,052 | +2912% |
| NCR AtleosNATL | <0.1% | $10m | 230,300 | New |
| CompassCOMP | <0.1% | $10m | 789,152 | New |
| ExxonMobil HoldingsXOM | <0.1% | $10m | 69,773 | +3032% |
| Cardinal Infrastructure GroupCDNL | <0.1% | $9m | 100,000 | New |
| AngloGold AshantiAU | <0.1% | $9m | 112,767 | +124% |
| United RentalsURI | <0.1% | $9m | 7,832 | +2310% |
| Wells Fargo & CompanyWFC | <0.1% | $9m | 107,169 | -8% |
| CoherentCOHR | <0.1% | $9m | 22,170 | +1173% |
| Forgent Power SolutionsFPS | <0.1% | $8m | 150,000 | -50% |
| ChevronCVX | <0.1% | $8m | 49,041 | New |
| Celsius HoldingsCELH | <0.1% | $8m | 276,454 | +1455% |
| Neuberger Next Generation Connectivity FundNBXG | <0.1% | $8m | 488,681 | Held |
| VistraVST | <0.1% | $8m | 50,358 | -52% |
| Gabelli Divid & Income TRXGDVX | <0.1% | $8m | 262,242 | Held |
| Rio TintoRIO | <0.1% | $8m | 80,006 | New |
| Liberty BroadbandLBRDK | <0.1% | $7m | 222,568 | New |
| NikeNKE | <0.1% | $7m | 179,873 | +113% |
| Trane TechnologiesTT | <0.1% | $7m | 14,994 | +723% |
| Vaneck ETF TrustGDX | <0.1% | $7m | 97,114 | +262% |
| Spdr Series TrustKRE | <0.1% | $7m | 97,629 | -74% |
| L3harris TechnologiesLHX | <0.1% | $7m | 24,533 | +61% |
| Cava GroupCAVA | <0.1% | $7m | 89,500 | +95% |
| Jacobs SolutionsJ | <0.1% | $7m | 55,609 | -78% |
| Liberty Live HoldingsLLYVK | <0.1% | $7m | 65,562 | New |
| ASA Gold & Precious MetalsASA | <0.1% | $7m | 129,134 | Held |
| Liberty BroadbandLBRDA | <0.1% | $7m | 200,000 | New |
| Firefly AerospaceFLY | <0.1% | $7m | 224,891 | New |
| Super Micro ComputerSMCI | <0.1% | $7m | 223,574 | +11% |
| Spdr Series TrustXBI | <0.1% | $6m | 40,463 | -30% |
| Apollo Global ManagementAPO | <0.1% | $6m | 53,065 | -43% |
Showing the largest 100 of 858.
Options (50)
- State STR Spdr S&P 500 ETF TSPY
- Type
- Put
- Value
- $7.0bn
- Contracts
- 9,339,800
- Invesco QQQ TRQQQ
- Type
- Put
- Value
- $5.8bn
- Contracts
- 7,834,500
- NvidiaNVDA
- Type
- Put
- Value
- $2.3bn
- Contracts
- 11,290,900
- Invesco QQQ TRQQQ
- Type
- Call
- Value
- $2.1bn
- Contracts
- 2,790,400
- MicrosoftMSFT
- Type
- Put
- Value
- $1.8bn
- Contracts
- 4,805,900
- AppleAAPL
- Type
- Put
- Value
- $1.2bn
- Contracts
- 4,189,900
- Amazon.comAMZN
- Type
- Put
- Value
- $1.1bn
- Contracts
- 4,448,000
- TeslaTSLA
- Type
- Put
- Value
- $885m
- Contracts
- 2,103,800
- Ishares TRLQD
- Type
- Put
- Value
- $681m
- Contracts
- 6,247,500
- Ishares TRIWM
- Type
- Call
- Value
- $673m
- Contracts
- 2,240,000
- State STR Spdr S&P 500 ETF TSPY
- Type
- Call
- Value
- $665m
- Contracts
- 890,400
- Nebius GroupNBIS
- Type
- Put
- Value
- $623m
- Contracts
- 2,255,500
- Micron TechnologyMU
- Type
- Put
- Value
- $602m
- Contracts
- 521,200
- Select Sector Spdr TRXLF
- Type
- Call
- Value
- $532m
- Contracts
- 9,931,500
- AlphabetGOOG
- Type
- Put
- Value
- $522m
- Contracts
- 1,477,300
- AlphabetGOOGL
- Type
- Put
- Value
- $473m
- Contracts
- 1,323,100
- Ishares TRFXI
- Type
- Put
- Value
- $424m
- Contracts
- 13,429,700
- Meta PlatformsMETA
- Type
- Put
- Value
- $385m
- Contracts
- 682,600
- Ishares TRFXI
- Type
- Call
- Value
- $366m
- Contracts
- 11,572,200
- Advanced Micro DevicesAMD
- Type
- Put
- Value
- $355m
- Contracts
- 611,100
- AppleAAPL
- Type
- Call
- Value
- $354m
- Contracts
- 1,224,700
- NvidiaNVDA
- Type
- Call
- Value
- $316m
- Contracts
- 1,580,500
- BroadcomAVGO
- Type
- Put
- Value
- $313m
- Contracts
- 828,800
- Select Sector Spdr TRXLF
- Type
- Put
- Value
- $288m
- Contracts
- 5,377,900
- Ishares TRHYG
- Type
- Put
- Value
- $284m
- Contracts
- 3,552,400
- IntelINTC
- Type
- Put
- Value
- $283m
- Contracts
- 2,028,900
- Berkshire HathawayBRK-B
- Type
- Put
- Value
- $243m
- Contracts
- 485,900
- TeslaTSLA
- Type
- Call
- Value
- $232m
- Contracts
- 552,100
- Ishares TREEM
- Type
- Put
- Value
- $216m
- Contracts
- 3,151,700
- Vaneck ETF TrustSMH
- Type
- Put
- Value
- $214m
- Contracts
- 326,500
- Spdr Series TrustKRE
- Type
- Call
- Value
- $193m
- Contracts
- 2,585,000
- NokiaNOK
- Type
- Put
- Value
- $193m
- Contracts
- 14,550,000
- Spdr Series TrustKRE
- Type
- Put
- Value
- $192m
- Contracts
- 2,562,100
- Amazon.comAMZN
- Type
- Call
- Value
- $186m
- Contracts
- 781,800
- Ishares TRIWM
- Type
- Put
- Value
- $171m
- Contracts
- 570,000
- JPMorgan ChaseJPM
- Type
- Put
- Value
- $165m
- Contracts
- 502,800
- MicrosoftMSFT
- Type
- Call
- Value
- $158m
- Contracts
- 423,500
- Applied MaterialsAMAT
- Type
- Put
- Value
- $146m
- Contracts
- 202,200
- Eli LillyLLY
- Type
- Put
- Value
- $138m
- Contracts
- 115,300
- SandiskSNDK
- Type
- Put
- Value
- $134m
- Contracts
- 58,800
- AlphabetGOOG
- Type
- Call
- Value
- $124m
- Contracts
- 350,900
- ExxonMobil HoldingsXOM
- Type
- Put
- Value
- $122m
- Contracts
- 895,200
- Meta PlatformsMETA
- Type
- Call
- Value
- $122m
- Contracts
- 216,800
- StrategyMSTR
- Type
- Put
- Value
- $119m
- Contracts
- 1,372,100
- Lam ResearchLRCX
- Type
- Put
- Value
- $115m
- Contracts
- 266,200
- BroadcomAVGO
- Type
- Call
- Value
- $109m
- Contracts
- 289,000
- AlphabetGOOGL
- Type
- Call
- Value
- $106m
- Contracts
- 297,100
- Ishares Bitcoin Trust ETFIBIT
- Type
- Put
- Value
- $101m
- Contracts
- 3,020,000
- Johnson & JohnsonJNJ
- Type
- Put
- Value
- $90m
- Contracts
- 354,700
- CaterpillarCAT
- Type
- Put
- Value
- $90m
- Contracts
- 84,300
| Company | Type | Value | Contracts |
|---|---|---|---|
| State STR Spdr S&P 500 ETF TSPY | Put | $7.0bn | 9,339,800 |
| Invesco QQQ TRQQQ | Put | $5.8bn | 7,834,500 |
| NvidiaNVDA | Put | $2.3bn | 11,290,900 |
| Invesco QQQ TRQQQ | Call | $2.1bn | 2,790,400 |
| MicrosoftMSFT | Put | $1.8bn | 4,805,900 |
| AppleAAPL | Put | $1.2bn | 4,189,900 |
| Amazon.comAMZN | Put | $1.1bn | 4,448,000 |
| TeslaTSLA | Put | $885m | 2,103,800 |
| Ishares TRLQD | Put | $681m | 6,247,500 |
| Ishares TRIWM | Call | $673m | 2,240,000 |
| State STR Spdr S&P 500 ETF TSPY | Call | $665m | 890,400 |
| Nebius GroupNBIS | Put | $623m | 2,255,500 |
| Micron TechnologyMU | Put | $602m | 521,200 |
| Select Sector Spdr TRXLF | Call | $532m | 9,931,500 |
| AlphabetGOOG | Put | $522m | 1,477,300 |
| AlphabetGOOGL | Put | $473m | 1,323,100 |
| Ishares TRFXI | Put | $424m | 13,429,700 |
| Meta PlatformsMETA | Put | $385m | 682,600 |
| Ishares TRFXI | Call | $366m | 11,572,200 |
| Advanced Micro DevicesAMD | Put | $355m | 611,100 |
| AppleAAPL | Call | $354m | 1,224,700 |
| NvidiaNVDA | Call | $316m | 1,580,500 |
| BroadcomAVGO | Put | $313m | 828,800 |
| Select Sector Spdr TRXLF | Put | $288m | 5,377,900 |
| Ishares TRHYG | Put | $284m | 3,552,400 |
| IntelINTC | Put | $283m | 2,028,900 |
| Berkshire HathawayBRK-B | Put | $243m | 485,900 |
| TeslaTSLA | Call | $232m | 552,100 |
| Ishares TREEM | Put | $216m | 3,151,700 |
| Vaneck ETF TrustSMH | Put | $214m | 326,500 |
| Spdr Series TrustKRE | Call | $193m | 2,585,000 |
| NokiaNOK | Put | $193m | 14,550,000 |
| Spdr Series TrustKRE | Put | $192m | 2,562,100 |
| Amazon.comAMZN | Call | $186m | 781,800 |
| Ishares TRIWM | Put | $171m | 570,000 |
| JPMorgan ChaseJPM | Put | $165m | 502,800 |
| MicrosoftMSFT | Call | $158m | 423,500 |
| Applied MaterialsAMAT | Put | $146m | 202,200 |
| Eli LillyLLY | Put | $138m | 115,300 |
| SandiskSNDK | Put | $134m | 58,800 |
| AlphabetGOOG | Call | $124m | 350,900 |
| ExxonMobil HoldingsXOM | Put | $122m | 895,200 |
| Meta PlatformsMETA | Call | $122m | 216,800 |
| StrategyMSTR | Put | $119m | 1,372,100 |
| Lam ResearchLRCX | Put | $115m | 266,200 |
| BroadcomAVGO | Call | $109m | 289,000 |
| AlphabetGOOGL | Call | $106m | 297,100 |
| Ishares Bitcoin Trust ETFIBIT | Put | $101m | 3,020,000 |
| Johnson & JohnsonJNJ | Put | $90m | 354,700 |
| CaterpillarCAT | Put | $90m | 84,300 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 13.2% since 30 June 2025.
Where the money is
Technology42.0%
Retail & consumer13.2%
Media & telecom6.6%
Financial services4.3%
Industrials2.1%
Everyday goods1.4%
Health care0.9%
Materials0.9%
Energy0.5%
Utilities0.4%
Real estate0.2%
Other27.4%
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.