CAPSTONE INVESTMENT ADVISORS, LLC Q2 2016 Filing

Filed August 15, 2016

Portfolio Value

$5.2B

Holdings

591

Report Date

Q2 2016

Filing Type

13F-HR

All Holdings (591 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	EFAISHARES TR	13,137,133	$733.3M	14.00%	Put
2	EEMISHARES TR	12,897,300	$443.1M	8.46%	Put
3	FXIISHARES TR	7,476,502	$255.8M	4.89%	Put
4	JPMJPMORGAN CHASE & CO	3,902,000	$242.5M	4.63%	Put
5	—POWERSHARES QQQ TRUST	1,968,300	$211.7M	4.04%	Put
6	BUDANHEUSER BUSCH INBEV SA/NV	1,297,221	$170.8M	3.26%	Put
7	DXJWISDOMTREE TR	4,046,209	$156.9M	3.00%	Put
8	—E M C CORP MASS	4,327,800	$117.6M	2.25%	Put
9	HYGISHARES TR	1,339,600	$113.5M	2.17%	Put
10	HBC2HSBC HLDGS PLC	3,542,927	$110.9M	2.12%	Put
11	CSCOCISCO SYS INC	3,789,690	$108.7M	2.08%	Put
12	GDXVANECK VECTORS ETF TR	3,834,214	$106.2M	2.03%	Put
13	TAT&T INC	1,921,400	$83.0M	1.59%	Put
14	—LINKEDIN CORP	380,924	$72.1M	1.38%	Call
15	MSFTMICROSOFT CORP	1,168,270	$59.8M	1.14%	Put
16	—LINKEDIN CORP	56,600,000	$55.9M	1.07%
17	—JETBLUE AIRWAYS CORP	16,502,000	$55.9M	1.07%
18	—VALSPAR CORP	510,820	$55.2M	1.05%
19	—STARWOOD HOTELS&RESORTS WRLD	698,887	$51.7M	0.99%
20	—CTRIP COM INTL LTD	38,000,000	$46.5M	0.89%
21	AAPLAPPLE INC	470,869	$45.0M	0.86%	Put
22	—WHITING PETE CORP NEW	47,493,000	$45.0M	0.86%
23	EWWISHARES	791,298	$39.9M	0.76%	Put
24	BKNGPRICELINE GRP INC	30,588	$38.2M	0.73%	Put
25	IBMINTERNATIONAL BUSINESS MACHS	241,565	$36.7M	0.70%	Put
26	—CEMEX SAB DE CV	32,500,000	$33.4M	0.64%
27	—WHITING PETE CORP NEW	35,017,000	$31.6M	0.60%
28	XMESPDR SERIES TRUST	1,276,628	$31.2M	0.60%	Put
29	—DOUBLE EAGLE ACQUISITION COR	3,000,000	$29.4M	0.56%
30	—VIRGIN AMER INC	518,151	$29.1M	0.56%
31	—ITC HLDGS CORP	600,000	$28.1M	0.54%
32	—DOW CHEM CO	550,000	$27.3M	0.52%	Call
33	—AXIALL CORP	830,744	$27.1M	0.52%	Call
34	BGCP 4.5 07/15/16BGC PARTNERS INC	26,910,000	$26.9M	0.51%
35	SPYSPDR S&P 500 ETF TR	125,000	$26.2M	0.50%	Put
36	—TESLA MTRS INC	15,000,000	$25.6M	0.49%
37	—BOULEVARD ACQUISITION	2,625,000	$25.6M	0.49%
38	—RITE AID CORP	3,385,500	$25.4M	0.48%	Put
39	—MARKETO INC	718,461	$25.0M	0.48%	Put
40	XOMEXXON MOBIL CORP	262,775	$24.6M	0.47%	Put
41	NFLXNETFLIX INC	267,626	$24.5M	0.47%	Put
42	—ST JUDE MED INC	313,026	$24.4M	0.47%	Call
43	—WESCO INTL INC	13,000,000	$23.2M	0.44%
44	BIDUNBAIDU INC	139,200	$23.0M	0.44%	Put
45	INGMINGRAM MICRO INC	658,460	$22.9M	0.44%	Put
46	HUMHUMANA INC	122,504	$22.0M	0.42%	Put
47	—WHITING PETE CORP NEW	2,346,100	$21.7M	0.41%	Put
48	HLFHERBALIFE LTD	344,467	$20.2M	0.39%
49	—SYNGENTA AG	235,400	$18.1M	0.35%	Call
50	—AMERICAN RLTY CAP PPTYS INC	18,000,000	$17.8M	0.34%
51	—EXAMWORKS GROUP INC	500,000	$17.4M	0.33%
52	EXECHESAPEAKE ENERGY CORP	18,700,000	$17.3M	0.33%
53	—QUINPARIO ACQUISITION CORP 2	1,750,000	$17.3M	0.33%
54	—PACE HLDGS CORP	1,750,000	$17.2M	0.33%
55	AMZNAMAZON COM INC	23,162	$16.6M	0.32%	Put
56	SNDK 1.5 08/15/17SANDISK CORP	10,000,000	$16.4M	0.31%
57	DISDISNEY WALT CO	160,668	$15.7M	0.30%	Put
58	—MICRON TECHNOLOGY INC	10,000,000	$15.4M	0.29%
59	—GORES HLDGS INC	1,500,000	$14.6M	0.28%
60	—WHITING PETE CORP NEW	17,751,000	$14.1M	0.27%
61	—PRIVATEBANCORP INC	300,000	$13.2M	0.25%
62	—ALLERGAN PLC	56,475	$13.0M	0.25%	Call
63	PGPROCTER & GAMBLE CO	152,500	$12.9M	0.25%	Put
64	—TERRAPIN 3 ACQUISITION CORP	1,250,000	$12.4M	0.24%
65	—ALON USA ENERGY INC	14,250,000	$12.4M	0.24%
66	WRUSDWESTAR ENERGY INC	217,725	$12.2M	0.23%
67	—AMERICAN RLTY CAP PPTYS INC	12,240,000	$12.2M	0.23%
68	—XPO LOGISTICS INC	7,500,000	$12.2M	0.23%
69	—TESLA MTRS INC	13,500,000	$12.0M	0.23%
70	—EXELIXIS INC	8,043,000	$11.9M	0.23%
71	—SANDISK CORP	10,000,000	$10.8M	0.21%
72	—CTRIP COM INTL LTD	10,000,000	$10.8M	0.21%
73	—STARWOOD PPTY TR INC	10,500,000	$10.6M	0.20%
74	VMWEURVMWARE INC	175,000	$10.0M	0.19%	Call
75	EWYISHARES	191,100	$9.9M	0.19%	Put
76	—BROOKDALE SR LIVING INC	10,000,000	$9.8M	0.19%
77	—GLOBAL PARTNER ACQUISITION C	1,000,000	$9.8M	0.19%
78	—HENNESSY CAP ACQUISITION COR	1,000,000	$9.8M	0.19%
79	STWD 4.55 03/01/18STARWOOD PPTY TR INC	9,000,000	$9.4M	0.18%
80	—COLUMBIA PIPELINE GROUP INC	362,042	$9.2M	0.18%	Call
81	—INCONTACT INC	600,000	$8.3M	0.16%
82	—IRONWOOD PHARMACEUTICALS INC	7,500,000	$7.8M	0.15%
83	PRGOPERRIGO CO PLC	85,000	$7.7M	0.15%	Call
84	—QIHOO 360 TECHNOLOGY CO LTD	104,900	$7.7M	0.15%	Call
85	—MENTOR GRAPHICS CORP	7,000,000	$7.6M	0.15%
86	—QLIK TECHNOLOGIES INC	251,000	$7.4M	0.14%	Put
87	—MEDICINES CO	6,000,000	$7.1M	0.14%
88	—ISTAR INC	6,900,000	$7.0M	0.13%
89	AIGAMERICAN INTL GROUP INC	130,413	$6.9M	0.13%
90	CRMSALESFORCE COM INC	84,338	$6.7M	0.13%
91	—WHITING PETE CORP NEW	6,798,000	$6.6M	0.13%
92	—FIRSTMERIT CORP	325,464	$6.6M	0.13%
93	PXDEURPIONEER NAT RES CO	43,310	$6.5M	0.13%
94	CVSCVS HEALTH CORP	67,041	$6.4M	0.12%
95	—CLOVIS ONCOLOGY INC	9,074,000	$6.4M	0.12%
96	—CELATOR PHARMACEUTICALS INC	207,700	$6.3M	0.12%	Put
97	—AETNA INC NEW	50,000	$6.1M	0.12%	Call
98	—DEPOMED INC	5,000,000	$6.0M	0.11%
99	—DEMANDWARE INC	80,200	$6.0M	0.11%	Call
100	TOLTOLL BROTHERS INC	222,790	$6.0M	0.11%

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