CAPSTONE INVESTMENT ADVISORS, LLC Q2 2018 Filing

Filed August 13, 2018

Portfolio Value

$6.5B

Holdings

358

Report Date

Q2 2018

Filing Type

13F-HR

All Holdings (358 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	IWMISHARES TR	4,223,316	$691.7M	10.61%	Put
2	NDQINVESCO QQQ TR	2,498,376	$428.8M	6.58%	Put
3	EFAISHARES TR	5,992,345	$401.3M	6.16%	Put
4	HYGISHARES TR	4,000,000	$340.3M	5.22%	Put
5	FXIISHARES TR	6,354,833	$273.1M	4.19%	Put
6	GOOGALPHABET INC	243,486	$271.6M	4.17%	Put
7	SPYSPDR S&P 500 ETF TR	868,722	$235.7M	3.62%	Put
8	METAFACEBOOK INC	1,020,016	$198.2M	3.04%	Put
9	AMZNAMAZON COM INC	104,449	$177.5M	2.72%	Put
10	AAPLAPPLE INC	920,499	$170.4M	2.61%	Put
11	—MICRON TECHNOLOGY INC	87,250,000	$157.3M	2.41%
12	FXEINVESCO CURRENCYSHARES EURO	950,000	$106.5M	1.63%	Put
13	MSFTMICROSOFT CORP	1,013,248	$99.9M	1.53%	Put
14	—SHIRE PLC	528,176	$89.2M	1.37%	Put
15	—TESLA INC	78,819,000	$87.0M	1.33%
16	—AETNA INC NEW	447,692	$82.2M	1.26%	Put
17	—NXP SEMICONDUCTORS N V	63,500,000	$76.6M	1.17%
18	EEMISHARES TR	1,467,100	$63.6M	0.98%	Put
19	NXPINXP SEMICONDUCTORS N V	575,910	$62.9M	0.97%	Put
20	AABAUSDALTABA INC	831,434	$60.9M	0.93%
21	—HERBALIFE LTD	43,825,000	$56.8M	0.87%
22	—MERCADOLIBRE INC	22,500,000	$53.4M	0.82%
23	—ROCKWELL COLLINS INC	395,471	$53.3M	0.82%
24	—TESLA INC	45,000,000	$50.8M	0.78%
25	—SOLARCITY CORP	41,500,000	$41.2M	0.63%
26	—CAESARS ENTMT CORP	22,500,000	$38.5M	0.59%
27	—WHITING PETE CORP NEW	40,000,000	$38.3M	0.59%
28	—VIPSHOP HLDGS LTD	38,000,000	$37.5M	0.58%
29	—CIENA CORP	25,000,000	$35.3M	0.54%
30	XLFISELECT SECTOR SPDR TR	672,728	$34.7M	0.53%	Call
31	—NAVISTAR INTL CORP NEW	33,050,000	$34.1M	0.52%
32	TSLATESLA INC	98,000	$33.6M	0.52%	Put
33	NVDANVIDIA CORP	133,969	$31.7M	0.49%	Put
34	—MEDICINES CO	30,500,000	$30.8M	0.47%
35	—TWENTY FIRST CENTY FOX INC	591,085	$29.4M	0.45%	Call
36	—XL GROUP LTD	520,317	$29.1M	0.45%	Call
37	DELLDELL TECHNOLOGIES INC	336,000	$28.4M	0.44%	Put
38	XLESELECT SECTOR SPDR TR	370,645	$28.1M	0.43%	Put
39	FEZSPDR INDEX SHS FDS	729,978	$28.0M	0.43%	Put
40	—ENVISION HEALTHCARE CORP	625,709	$27.5M	0.42%	Put
41	—INSULET CORP	18,000,000	$27.4M	0.42%
42	—BARCLAYS BK PLC	731,800	$27.1M	0.42%	Put
43	—TERADYNE INC	20,000,000	$26.7M	0.41%
44	GQ9SPDR GOLD TRUST	223,411	$26.5M	0.41%	Call
45	—VECTREN CORP	370,427	$26.5M	0.41%
46	GOOGLALPHABET INC	23,101	$26.1M	0.40%	Put
47	JCIJOHNSON CTLS INTL PLC	765,178	$25.6M	0.39%	Put
48	VGR V2.5 01/15/19VECTOR GROUP LTD	19,000,000	$25.3M	0.39%
49	—EXPRESS SCRIPTS HLDG CO	310,735	$24.0M	0.37%	Put
50	—PATTERN ENERGY GROUP INC	22,740,000	$22.7M	0.35%
51	—MEDICINES CO	18,500,000	$22.6M	0.35%
52	GEGENERAL ELECTRIC CO	1,614,956	$22.0M	0.34%	Put
53	—PINNACLE FOODS INC DEL	333,617	$21.7M	0.33%
54	—TEVA PHARMACEUTICAL FIN LLC	23,000,000	$21.4M	0.33%
55	—CHESAPEAKE ENERGY CORP	21,000,000	$21.4M	0.33%
56	—CITRIX SYS INC	14,674,000	$21.3M	0.33%
57	—GRANITE PT MTG TR INC	20,500,000	$20.9M	0.32%
58	EPDENTERPRISE PRODS PARTNERS L	755,000	$20.9M	0.32%	Call
59	BABAALIBABA GROUP HLDG LTD	112,400	$20.9M	0.32%	Put
60	MCHP 1.625 02/15/25MICROCHIP TECHNOLOGY INC	11,500,000	$20.1M	0.31%
61	RWT 4.75 08/15/23REDWOOD TR INC	20,000,000	$19.4M	0.30%
62	DPZDOMINOS PIZZA INC	66,900	$18.9M	0.29%	Put
63	TAT&T INC	574,720	$18.5M	0.28%	Put
64	—ORBOTECH LTD	289,042	$17.9M	0.27%
65	—ACORDA THERAPEUTICS INC	18,373,000	$17.8M	0.27%
66	—MEDIDATA SOLUTIONS INC	12,500,000	$17.4M	0.27%
67	CICIGNA CORPORATION	101,381	$17.2M	0.26%	Put
68	NKENIKE INC	203,768	$16.2M	0.25%	Put
69	SLBSCHLUMBERGER LTD	239,525	$16.1M	0.25%	Put
70	—CLEVELAND CLIFFS INC	13,000,000	$16.0M	0.25%
71	—IRONWOOD PHARMACEUTICALS INC	12,000,000	$16.0M	0.25%
72	—UNISYS CORP	10,500,000	$15.8M	0.24%
73	JPMJPMORGAN CHASE & CO	151,256	$15.8M	0.24%	Put
74	SYMCEURSYMANTEC CORP	759,900	$15.7M	0.24%	Call
75	CELGCELGENE CORP	189,830	$15.1M	0.23%	Put
76	XOMEXXON MOBIL CORP	181,257	$15.0M	0.23%	Put
77	JNJJOHNSON & JOHNSON	122,770	$14.9M	0.23%	Put
78	—GOLAR LNG LTD	13,245,000	$14.5M	0.22%
79	EXASEXACT SCIENCES CORP	12,500,000	$13.2M	0.20%
80	—NUVASIVE INC	12,000,000	$13.0M	0.20%
81	CUCAAVIS BUDGET GROUP	383,097	$12.5M	0.19%	Put
82	INTCINTEL CORP	248,502	$12.4M	0.19%	Put
83	PGPROCTER AND GAMBLE CO	155,681	$12.2M	0.19%	Put
84	TRVCCITIGROUP INC	175,968	$11.8M	0.18%	Put
85	IBMINTERNATIONAL BUSINESS MACHS	83,164	$11.6M	0.18%	Put
86	CSCOCISCO SYS INC	266,840	$11.5M	0.18%	Put
87	—CIENA CORP	8,510,000	$11.3M	0.17%
88	BACBANK AMER CORP	399,528	$11.3M	0.17%	Put
89	—NAVISTAR INTL CORP NEW	11,000,000	$11.1M	0.17%
90	TLTISHARES TR	89,821	$10.9M	0.17%	Call
91	—BIOMARIN PHARMACEUTICAL INC	10,000,000	$10.6M	0.16%
92	TRCOTRIBUNE MEDIA CO	269,812	$10.3M	0.16%
93	VVISA INC	76,444	$10.1M	0.16%	Put
94	—WEATHERFORD INTL LTD	9,500,000	$9.4M	0.14%
95	—BLACKSTONE MTG TR INC	9,500,000	$9.4M	0.14%
96	CVXCHEVRON CORP NEW	74,032	$9.4M	0.14%	Put
97	CFCF INDS HLDGS INC	209,842	$9.3M	0.14%	Put
98	USX1UNITED STATES STL CORP NEW	265,092	$9.2M	0.14%	Put
99	GSGOLDMAN SACHS GROUP INC	40,785	$9.0M	0.14%	Put
100	—MICROCHIP TECHNOLOGY INC	7,500,000	$8.9M	0.14%

Page 1 of 4Next