CAPITAL FUND MANAGEMENT S.A.
CIK: 0001323645Latest portfolio: $36.0B · Q4 2025
Holdings
1,197
Total Value
$36.0B
New Positions
139
Closed Positions
161
Top Holdings
View All 1,197 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR TR UNIT | 1,104,400 | $752.0M | 2.09% | +316K | Put |
| 2 | AAPLAPPLE INC COM | 2,716,625 | $738.0M | 2.05% | +378K | Put |
| 3 | TSLATESLA INC COM | 1,469,958 | $660.0M | 1.83% | -49,463 | Put |
| 4 | MUMICRON TECHNOLOGY INC COM | 2,004,881 | $570.0M | 1.58% | -615,295 | Put |
| 5 | NVDANVIDIA CORPORATION COM | 2,846,529 | $529.0M | 1.47% | -364,361 | Put |
| 6 | TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | 1,673,078 | $507.0M | 1.41% | +881K | Put |
| 7 | PLTRPALANTIR TECHNOLOGIES INC CL A | 2,186,200 | $388.0M | 1.08% | -63,200 | Put |
| 8 | BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW | 766,263 | $383.0M | 1.06% | +163K | Put |
| 9 | JPMJPMORGAN CHASE & CO. COM | 1,024,698 | $329.0M | 0.91% | -240,158 | Put |
| 10 | AMDADVANCED MICRO DEVICES INC COM | 1,367,097 | $290.0M | 0.81% | +15K | Put |
| 11 | GOOGLALPHABET INC CAP STK CL A | 851,700 | $265.0M | 0.74% | -66,100 | Put |
| 12 | TRVCCITIGROUP INC COM NEW | 2,186,416 | $254.0M | 0.71% | -499,633 | Put |
| 13 | GSGOLDMAN SACHS GROUP INC COM | 280,391 | $245.0M | 0.68% | -48,758 | Put |
| 14 | UNHUNITEDHEALTH GROUP INC COM | 731,500 | $241.0M | 0.67% | +16K | Put |
| 15 | GEGE AEROSPACE COM NEW | 765,037 | $234.0M | 0.65% | -122,331 | Put |
| 16 | LLYELI LILLY & CO COM | 216,900 | $232.0M | 0.64% | -48,145 | Put |
| 17 | AVGOBROADCOM INC COM | 672,600 | $231.0M | 0.64% | -320,300 | Put |
| 18 | LRCXLAM RESEARCH CORP COM NEW | 1,346,738 | $229.0M | 0.64% | +187K | Put |
| 19 | HOODROBINHOOD MKTS INC COM CL A | 1,983,120 | $224.0M | 0.62% | -111,417 | Put |
| 20 | MSFTMICROSOFT CORP COM | 455,000 | $219.0M | 0.61% | -361,738 | Put |
| 21 | NFLXNETFLIX INC COM | 2,313,340 | $215.0M | 0.60% | +1.9M | Put |
| 22 | COSTCOSTCO WHSL CORP NEW COM | 242,276 | $208.0M | 0.58% | -123,184 | Put |
| 23 | ARMARM HOLDINGS PLC SPONSORED ADS | 1,874,483 | $203.0M | 0.56% | +542K | Put |
| 24 | XLVSELECT SECTOR SPDR TR STATE STREET HEA | 1,305,268 | $201.0M | 0.56% | -357,700 | Put |
| 25 | ADBEADOBE INC COM | 574,642 | $199.0M | 0.55% | -174,522 | Put |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
TechnologyNaN% ($InfinityT)
Consumer CyclicalNaN% ($InfinityT)
HealthcareNaN% ($InfinityT)
IndustrialsNaN% ($InfinityT)
Energy0.0% ($1.7400011200096e+281T)
Unknown0.0% ($3.83000254000186e+278T)
Consumer Defensive0.0% ($2.08000157000109e+236T)
Basic Materials0.0% ($1.6700096000930007e+222T)
Communication Services0.0% ($2.65000215000195e+187T)
Real Estate0.0% ($4.600023000210002e+143T)
Utilities0.0% ($1.9000094000670003e+118T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 17, 2026 | $36.0B | 2,325 |
| Q3 2025 | Nov 13, 2025 | $38.2T | 2,407 |
| Q2 2025 | Aug 13, 2025 | $36.3T | 0 |
| Q1 2025 | May 14, 2025 | $34.7T | 1,937 |
| Q4 2024 | Feb 13, 2025 | $39.2T | 1,995 |
| Q3 2024 | Nov 13, 2024 | $36538.1T | 1,937 |
| Q2 2024 | Aug 13, 2024 | $34011.1T | 1,841 |
| Q1 2024 | May 15, 2024 | $34554.0T | 1,942 |
| Q4 2023 | Feb 14, 2024 | $37215.1T | 2,073 |
| Q3 2023 | Nov 14, 2023 | $28934.2T | 1,901 |
| Q2 2023 | Aug 14, 2023 | $24664.9T | 1,642 |
| Q1 2023 | May 15, 2023 | $20908.1T | 1,527 |
| Q4 2022 | Feb 13, 2023 | $14890.8T | 1,361 |
| Q3 2022 | Nov 14, 2022 | $12727.6T | 1,385 |
| Q2 2022 | Aug 12, 2022 | $10996.3T | 1,377 |
| Q1 2022 | May 12, 2022 | $12247.3T | 1,414 |
| Q4 2021 | Feb 10, 2022 | $13886.7T | 1,550 |
| Q3 2021 | Nov 12, 2021 | $13502.3T | 1,478 |
| Q2 2021 | Aug 12, 2021 | $12633.3T | 1,390 |
| Q1 2021 | May 14, 2021 | $9053.9T | 1,232 |
| Q4 2020 | Feb 12, 2021 | $10606.0T | 1,255 |
| Q3 2020 | Nov 13, 2020 | $8097.5T | 1,167 |
| Q2 2020 | Aug 13, 2020 | $6301.8T | 973 |
| Q1 2020 | May 13, 2020 | $6.5T | 1,500 |
| Q4 2019 | Feb 13, 2020 | $12.7T | 1,789 |
| Q3 2019 | Nov 13, 2019 | $11.1T | 1,620 |
| Q2 2019 | Aug 12, 2019 | $11.0T | 1,557 |
| Q1 2019 | May 13, 2019 | $11.3T | 1,792 |
| Q4 2018 | Feb 13, 2019 | $11.3T | 1,792 |
| Q3 2018 | Nov 14, 2018 | $18.3T | 1,909 |
| Q2 2018 | Aug 14, 2018 | $19.2T | 1,927 |
| Q1 2018 | May 15, 2018 | $16.7T | 1,779 |
| Q4 2017 | Feb 9, 2018 | $18.1T | 1,771 |
| Q3 2017 | Nov 13, 2017 | $13.9T | 1,479 |
| Q2 2017 | Aug 10, 2017 | $12.4T | 1,418 |
| Q1 2017 | May 3, 2017 | $12.0T | 1,415 |
| Q4 2016 | Feb 8, 2017 | $11.6T | 1,599 |
| Q3 2016 | Oct 31, 2016 | $10.9T | 1,527 |
| Q2 2016 | Jul 27, 2016 | $10.7T | 1,472 |
| Q1 2016 | May 2, 2016 | $10.3T | 1,474 |
Fund Information
CAPITAL FUND MANAGEMENT S.A. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $36.0B across 1,197 holdings. The largest position is SPDR S&P 500 ETF TR TR UNIT (SPY), representing 2.1% of the portfolio. Compared to the previous quarter, the fund opened 272 new positions and closed 295 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.