CAPSTONE INVESTMENT ADVISORS, LLC Q4 2025 Filing
Filed February 17, 2026
Portfolio Value
$51.1B
Holdings
939
Report Date
Q4 2025
Filing Type
13F-HR
All Holdings (939 positions)
| # | Stock | Shares | Value | % Portfolio | Type |
|---|---|---|---|---|---|
| 201 | GDXVANECK ETF TRUST | 136,752 | $11.0M | 0.02% | Put |
| 202 | SPGIS&P GLOBAL INC | 22,257 | $11.0M | 0.02% | Put |
| 203 | MARA 0 06/01/31MARA HOLDINGS INC | 14,000,000 | $11.0M | 0.02% | |
| 204 | LENLENNAR CORP | 120,509 | $11.0M | 0.02% | Put |
| 205 | VSTVISTRA CORP | 78,354 | $11.0M | 0.02% | Put |
| 206 | HYDVANECK ETF TRUST | 202,701 | $10.0M | 0.02% | |
| 207 | LINLINDE PLC | 28,580 | $10.0M | 0.02% | Put |
| 208 | GILDGILEAD SCIENCES INC | 91,600 | $10.0M | 0.02% | Put |
| 209 | MGNI 0.25 03/15/26MAGNITE INC | 10,500,000 | $10.0M | 0.02% | |
| 210 | HOODROBINHOOD MKTS INC | 97,919 | $10.0M | 0.02% | Put |
| 211 | FRPT 3 04/01/28FRESHPET INC | 8,000,000 | $9.0M | 0.02% | |
| 212 | COFCAPITAL ONE FINL CORP | 42,200 | $9.0M | 0.02% | Put |
| 213 | TTDTHE TRADE DESK INC | 272,300 | $9.0M | 0.02% | Put |
| 214 | GMGENERAL MTRS CO | 118,900 | $9.0M | 0.02% | Put |
| 215 | ELMEELME COMMUNITIES | 557,487 | $9.0M | 0.02% | |
| 216 | FFORD MTR CO | 832,443 | $9.0M | 0.02% | Put |
| 217 | NGDNEW GOLD INC CDA | 1,100,000 | $9.0M | 0.02% | |
| 218 | WWAYFAIR INC | 4,000,000 | $9.0M | 0.02% | |
| 219 | DELLDELL TECHNOLOGIES INC | 82,804 | $9.0M | 0.02% | Put |
| 220 | APPAPPLOVIN CORP | 13,700 | $8.0M | 0.02% | Put |
| 221 | NOWSERVICENOW INC | 59,504 | $8.0M | 0.02% | Put |
| 222 | DDOGDATADOG INC | 64,356 | $8.0M | 0.02% | Put |
| 223 | XBISPDR SERIES TRUST | 75,251 | $8.0M | 0.02% | Put |
| 224 | DC4DEXCOM INC | 141,875 | $8.0M | 0.02% | Put |
| 225 | ADSKAUTODESK INC | 31,707 | $8.0M | 0.02% | Put |
| 226 | SMCISUPER MICRO COMPUTER INC | 324,523 | $8.0M | 0.02% | Put |
| 227 | ELLAUDER ESTEE COS INC | 95,810 | $8.0M | 0.02% | Put |
| 228 | MNKD 2.5 03/01/26MANNKIND CORP | 7,729,000 | $8.0M | 0.02% | |
| 229 | SYKSTRYKER CORPORATION | 26,327 | $8.0M | 0.02% | Put |
| 230 | METC 0 11/01/31RAMACO RES INC | 10,000,000 | $8.0M | 0.02% | |
| 231 | SUNCSUNOCOCORP LLC | 169,625 | $8.0M | 0.02% | |
| 232 | KKRKKR & CO INC | 82,286 | $8.0M | 0.02% | Put |
| 233 | ASAASA GOLD AND PRECIOUS MTLS L | 149,500 | $8.0M | 0.02% | |
| 234 | SNOWSNOWFLAKE INC | 47,216 | $8.0M | 0.02% | Put |
| 235 | ANETARISTA NETWORKS INC | 72,601 | $8.0M | 0.02% | Put |
| 236 | ARMARM HOLDINGS PLC | 74,282 | $7.0M | 0.01% | Put |
| 237 | XGDVXGABELLI DIVID & INCOME TR | 262,242 | $7.0M | 0.01% | |
| 238 | VRTVERTIV HOLDINGS CO | 48,148 | $7.0M | 0.01% | |
| 239 | CSXCSX CORP | 206,803 | $7.0M | 0.01% | Put |
| 240 | MSTR 0 12/01/29STRATEGY INC | 8,500,000 | $7.0M | 0.01% | |
| 241 | PLDPROLOGIS INC. | 62,000 | $7.0M | 0.01% | Put |
| 242 | RIVN 3.625 10/15/30RIVIAN AUTOMOTIVE INC | 7,000,000 | $7.0M | 0.01% | |
| 243 | CYTK 3.5 07/01/27CYTOKINETICS INC | 5,000,000 | $7.0M | 0.01% | |
| 244 | MCHPMICROCHIP TECHNOLOGY INC. | 122,047 | $7.0M | 0.01% | Put |
| 245 | TLTISHARES TR | 90,000 | $7.0M | 0.01% | Call |
| 246 | FTNTFORTINET INC | 97,543 | $7.0M | 0.01% | Put |
| 247 | DALDELTA AIR LINES INC DEL | 124,100 | $7.0M | 0.01% | Put |
| 248 | ALNYALNYLAM PHARMACEUTICALS INC | 19,518 | $7.0M | 0.01% | Put |
| 249 | GDGENERAL DYNAMICS CORP | 24,222 | $7.0M | 0.01% | Put |
| 250 | EAELECTRONIC ARTS INC | 39,000 | $7.0M | 0.01% | Put |
| 251 | MDTMEDTRONIC PLC | 88,200 | $7.0M | 0.01% | Put |
| 252 | CBCHUBB LIMITED | 23,000 | $6.0M | 0.01% | Put |
| 253 | FISVFISERV INC | 110,285 | $6.0M | 0.01% | Put |
| 254 | ABNBAIRBNB INC | 52,586 | $6.0M | 0.01% | Put |
| 255 | BIDUNBAIDU INC | 66,168 | $6.0M | 0.01% | Put |
| 256 | GISGENERAL MLS INC | 166,668 | $6.0M | 0.01% | Put |
| 257 | FLNC 2.25 06/15/30FLUENCE ENERGY INC | 5,000,000 | $6.0M | 0.01% | |
| 258 | NBXGNEUBERGER NEXT GENERATION | 477,748 | $6.0M | 0.01% | |
| 259 | CMCSACOMCAST CORP NEW | 208,997 | $6.0M | 0.01% | |
| 260 | NFJVIRTUS DIVIDEND INTEREST & P | 526,672 | $6.0M | 0.01% | |
| 261 | HLTHILTON WORLDWIDE HLDGS INC | 24,500 | $6.0M | 0.01% | Put |
| 262 | ICEINTERCONTINENTAL EXCHANGE IN | 42,500 | $6.0M | 0.01% | Put |
| 263 | DUKDUKE ENERGY CORP NEW | 62,500 | $6.0M | 0.01% | Put |
| 264 | RIORIO TINTO PLC | 80,000 | $6.0M | 0.01% | |
| 265 | UALUNITED AIRLS HLDGS INC | 62,893 | $6.0M | 0.01% | Put |
| 266 | RCLROYAL CARIBBEAN GROUP | 30,552 | $6.0M | 0.01% | Put |
| 267 | DOWDOW INC | 319,995 | $6.0M | 0.01% | Put |
| 268 | BABAALIBABA GROUP HLDG LTD | 46,625 | $6.0M | 0.01% | Put |
| 269 | XLKSELECT SECTOR SPDR TR | 47,859 | $6.0M | 0.01% | |
| 270 | MARAMARA HOLDINGS INC | 741,300 | $6.0M | 0.01% | Put |
| 271 | VRTXVERTEX PHARMACEUTICALS INC | 15,239 | $6.0M | 0.01% | Put |
| 272 | ADPAUTOMATIC DATA PROCESSING IN | 28,230 | $6.0M | 0.01% | Put |
| 273 | TTWOTAKE-TWO INTERACTIVE SOFTWAR | 28,252 | $6.0M | 0.01% | Put |
| 274 | PGRPROGRESSIVE CORP | 36,898 | $6.0M | 0.01% | Put |
| 275 | ELVELEVANCE HEALTH INC FORMERLY | 17,245 | $5.0M | 0.01% | Put |
| 276 | CHKPCHECK POINT SOFTWARE TECH LT | 31,400 | $5.0M | 0.01% | |
| 277 | PDDPDD HOLDINGS INC | 62,376 | $5.0M | 0.01% | Put |
| 278 | CFLTCONFLUENT INC | 172,718 | $5.0M | 0.01% | |
| 279 | DYHTARGET CORP | 74,463 | $5.0M | 0.01% | Put |
| 280 | F 0 03/15/26FORD MTR CO | 5,000,000 | $5.0M | 0.01% | |
| 281 | LMTLOCKHEED MARTIN CORP | 13,058 | $5.0M | 0.01% | Put |
| 282 | MDLZMONDELEZ INTL INC | 114,474 | $5.0M | 0.01% | Put |
| 283 | APOAPOLLO GLOBAL MGMT INC | 48,848 | $5.0M | 0.01% | Put |
| 284 | CDNSCADENCE DESIGN SYSTEM INC | 19,102 | $5.0M | 0.01% | Put |
| 285 | APHAMPHENOL CORP NEW | 45,900 | $5.0M | 0.01% | Put |
| 286 | CITHE CIGNA GROUP | 22,881 | $5.0M | 0.01% | Put |
| 287 | JDJD.COM INC | 221,400 | $5.0M | 0.01% | Put |
| 288 | DLTRDOLLAR TREE INC | 54,231 | $5.0M | 0.01% | Put |
| 289 | MNSTMONSTER BEVERAGE CORP NEW | 93,028 | $5.0M | 0.01% | Put |
| 290 | URBNURBAN OUTFITTERS INC | 79,868 | $5.0M | 0.01% | Put |
| 291 | LRN 1.125 09/01/27STRIDE INC | 4,000,000 | $5.0M | 0.01% | |
| 292 | ORLYOREILLY AUTOMOTIVE INC | 73,807 | $5.0M | 0.01% | Put |
| 293 | ETNEATON CORP PLC | 20,346 | $5.0M | 0.01% | Put |
| 294 | OXYOCCIDENTAL PETE CORP | 167,407 | $5.0M | 0.01% | Put |
| 295 | QTWO 0.75 06/01/26Q2 HLDGS INC | 5,000,000 | $5.0M | 0.01% | |
| 296 | COPCONOCOPHILLIPS | 75,904 | $5.0M | 0.01% | Put |
| 297 | NIONIO INC | 1,043,248 | $5.0M | 0.01% | Put |
| 298 | BSXBOSTON SCIENTIFIC CORP | 79,376 | $5.0M | 0.01% | Put |
| 299 | ITRI 1.375 07/15/30ITRON INC | 5,000,000 | $5.0M | 0.01% | |
| 300 | CLCOLGATE PALMOLIVE CO | 73,851 | $5.0M | 0.01% | Put |