Capital Fund Management S.a.

CIK 1323645 · latest 13F filed 13 August 2026 · Read the filing on EDGAR

Capital Fund Management S.a. reported 945 US-listed holdings worth $13.96 billion in its 13F for the quarter ended 30 June 2026, filed 13 August 2026. Its largest: Amazon.com Inc. (1.9%), Advanced Micro Devices Inc. (1.7%) and Microsoft Corp. (1.7%). Against the quarter before, it opened 285 positions, added to 419, trimmed 240 and sold out of 173.

Reported holdings$13.96B+25.0% on Q1 2026

Positions945+112 on Q1 2026

The largest ten13.0%of its reported holdings

Latest 13FQ2 2026filed 13 August 2026

Where the money is

OpenedAdded toTrimmed

The 14 largest of its 945 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.

Reported holdings, quarter by quarter

What the fund reported holding at each quarter's end; hover a bar for the number of positions

What it did on the quarter

Opened 285Added 419Held 1Trimmed 240Sold out 173

Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held

Opened 285

SPDR S&P 500 SPY$120.4 million
Wells Fargo & Company WFC$83.7 million
Invesco QQQ Trust QQQ$66.5 million
Comcast Corp. CMCSA$66.2 million
Seagate Technology Holdings plc STX$56.6 million
L3Harris Technologies, Inc. LHX$48.4 million
Celestica Inc. CLS$45.6 million
EchoStar Corp. ECHO$43.9 million

and 277 more in the table below

Added to 419

Salesforce, Inc. CRM+674,461 shares · +355%
Intel Corp. INTC+639,141 shares · +961%
Medtronic plc MDT+1.0 million shares · +1683%
Advanced Micro Devices Inc. AMD+139,294 shares · +50%
Gilead Sciences, Inc. GILD+521,649 shares · +709%
Nokia Corporation NOK+4.8 million shares · +383%
Uber Technologies, Inc. UBER+882,125 shares · +96%
O'Reilly Automotive, Inc. ORLY+642,793 shares · +360%

and 411 more in the table below

Trimmed 240

Micron Technology Inc. MU-382,301 shares · -91%
Sandisk Corp. SNDK-172,370 shares · -90%
Apple Inc. AAPL-1.0 million shares · -95%
Eli Lilly & Co. LLY-174,313 shares · -92%
Lam Research Corp. LRCX-291,971 shares · -71%
Taiwan Semiconductor Manufacturing Company Limited TSM-239,618 shares · -45%
Humana Inc. HUM-254,767 shares · -87%
Bloom Energy Corp. BE-329,885 shares · -67%

and 232 more in the table below

Sold out of 173

Palantir Technologies Inc. PLTR$95.7 million last quarter
GE Vernova Inc. GEV$69.9 million last quarter
Marvell Technology, Inc. MRVL$65.2 million last quarter
ExxonMobil Holdings Corp. XOM$57.4 million last quarter
Stryker Corp. SYK$52.4 million last quarter
Honeywell International Inc. HON$48.3 million last quarter
Vistra Corp. VST$39.3 million last quarter
ConocoPhillips COP$34.6 million last quarter

What it holds

Company	Shares	Value	Of its book	Change in shares
Amazon.com Inc. AMZN	1,084,940	$258.6 million	1.85%	+212,263
Advanced Micro Devices Inc. AMD	417,277	$242.4 million	1.74%	+139,294
Microsoft Corp. MSFT	645,043	$240.6 million	1.72%	-40,612
Citigroup Inc. C	1,522,530	$213.1 million	1.53%	+409,692
Tesla, Inc. TSLA	495,984	$208.6 million	1.49%	-167,374
Taiwan Semiconductor Manufacturing Company Limited TSM	290,034	$138.5 million	0.99%	-239,618
Salesforce, Inc. CRM	864,602	$135.4 million	0.97%	+674,461
Uber Technologies, Inc. UBER	1,798,112	$129.8 million	0.93%	+882,125
Robinhood Markets, Inc. HOOD	1,227,630	$123.1 million	0.88%	+72,455
SPDR S&P 500 SPY	161,180	$120.4 million	0.86%	new
Caterpillar Inc. CAT	104,146	$110.9 million	0.79%	+23,698
Berkshire Hathaway Inc. Class B BRKB	221,197	$110.7 million	0.79%	-45,323
Airbnb, Inc. ABNB	773,466	$110.7 million	0.79%	+215,833
General Electric Co. GE	279,071	$104.3 million	0.75%	-207,574
Chevron Corp. CVX	615,136	$102.0 million	0.73%	-447,487
Intel Corp. INTC	705,653	$98.5 million	0.71%	+639,141
ASML Holding N.V. ASML	49,410	$98.3 million	0.70%	-13,279
American International Group, Inc. AIG	1,302,684	$97.1 million	0.70%	+169,548
United Airlines Holdings, Inc. UAL	641,644	$87.3 million	0.63%	+324,544
Medtronic plc MDT	1,099,468	$86.0 million	0.62%	+1,037,808
Super Micro Computer, Inc. SMCI	2,881,318	$84.5 million	0.61%	+1,903,011
JPMorgan Chase & Co. JPM	256,815	$84.1 million	0.60%	+57,895
Wells Fargo & Company WFC	1,012,417	$83.7 million	0.60%	new
Nokia Corporation NOK	6,061,629	$80.5 million	0.58%	+4,806,422
Meta Platforms, Inc. META	138,340	$77.9 million	0.56%	+49,326
T-Mobile US, Inc. TMUS	456,839	$76.6 million	0.55%	+169,902
Western Digital Corp. WDC	119,831	$76.5 million	0.55%	+19,268
Danaher Corp. DHR	398,917	$76.0 million	0.54%	+189,385
O'Reilly Automotive, Inc. ORLY	821,101	$75.6 million	0.54%	+642,793
Gilead Sciences, Inc. GILD	595,241	$75.2 million	0.54%	+521,649
McKesson Corp. MCK	97,237	$73.5 million	0.53%	+36,436
Bank of America Corp. BAC	1,206,139	$68.7 million	0.49%	+721,870
Altria Group, Inc. MO	940,688	$67.7 million	0.48%	-570,067
Invesco QQQ Trust QQQ	90,329	$66.5 million	0.48%	new
Comcast Corp. CMCSA	2,696,412	$66.2 million	0.47%	new
Boston Scientific Corp. BSX	1,486,096	$63.4 million	0.45%	-179,851
CME Group Inc. CME	284,521	$62.8 million	0.45%	+224,488
Barrick Mining Corp B	1,703,468	$62.6 million	0.45%	+787,760
Workday, Inc. WDAY	506,319	$62.0 million	0.44%	+478,439
NXP Semiconductors N.V. NXPI	217,329	$61.1 million	0.44%	+150,094
3M Co. MMM	376,455	$61.0 million	0.44%	-13,732
TransDigm Group Inc. TDG	44,921	$59.8 million	0.43%	+15,336
Cognizant Technology Solutions Corp. CTSH	1,508,568	$58.4 million	0.42%	+1,297,391
Docusign, Inc. DOCU	1,302,842	$57.9 million	0.41%	+352,598
TE Connectivity plc TEL	285,142	$57.5 million	0.41%	-8,884
Target Corp. TGT	437,908	$57.2 million	0.41%	+360,502
Seagate Technology Holdings plc STX	58,699	$56.6 million	0.41%	new
BP plc BP	1,521,243	$56.2 million	0.40%	+799,849
Spotify Technology S.A. SPOT	120,044	$55.1 million	0.39%	+31,542
Shopify Inc. SHOP	481,667	$55.0 million	0.39%	+269,558
Pinterest, Inc. PINS	2,586,672	$54.4 million	0.39%	+1,583,109
Automatic Data Processing Inc. ADP	242,070	$54.2 million	0.39%	+73,229
ServiceNow, Inc. NOW	542,356	$53.8 million	0.39%	+121,105
Chipotle Mexican Grill Inc. CMG	1,577,676	$53.6 million	0.38%	+1,034,209
Atlassian Corporation TEAM	682,547	$53.1 million	0.38%	+110,651
Parker-Hannifin Corp. PH	53,980	$52.8 million	0.38%	+15,194
ON Semiconductor Corp. ON	557,952	$52.7 million	0.38%	+139,743
Lam Research Corp. LRCX	121,371	$52.6 million	0.38%	-291,971
KKR & Co. Inc. KKR	562,277	$51.6 million	0.37%	+299,374
Twilio Inc. TWLO	248,952	$51.4 million	0.37%	+66,834
Albemarle Corp. ALB	377,476	$51.0 million	0.37%	+5,223
Texas Instruments Inc. TXN	170,099	$50.7 million	0.36%	+158,606
Keysight Technologies, Inc. KEYS	143,265	$50.2 million	0.36%	+88,343
Consolidated Edison Inc. ED	439,598	$48.6 million	0.35%	+18,249
Amphenol Corp. APH	275,668	$48.6 million	0.35%	-12,296
Bloom Energy Corp. BE	160,551	$48.6 million	0.35%	-329,885
L3Harris Technologies, Inc. LHX	166,603	$48.4 million	0.35%	new
KLA Corp. KLAC	160,266	$48.4 million	0.35%	+139,576
FedEx Corp. FDX	153,600	$48.1 million	0.34%	+124,179
Alnylam Pharmaceuticals Inc ALNY	155,904	$46.9 million	0.34%	+15,795
General Motors Co. GM	603,215	$46.5 million	0.33%	+322,576
Southwest Airlines Co. LUV	900,873	$46.3 million	0.33%	+654,964
Dollar General Corp. DG	400,579	$46.1 million	0.33%	+265,022
Celestica Inc. CLS	125,049	$45.6 million	0.33%	new
Republic Services, Inc. RSG	209,759	$44.7 million	0.32%	+140,604
Dexcom Inc. DXCM	661,379	$44.5 million	0.32%	+128,983
Victoria's Secret & Co. VSXY	533,098	$44.5 million	0.32%	+277,712
EchoStar Corp. ECHO	432,991	$43.9 million	0.31%	new
Metlife Inc. MET	517,521	$43.8 million	0.31%	-69,298
Micron Technology Inc. MU	37,110	$42.8 million	0.31%	-382,301
Halliburton Co. HAL	1,256,116	$42.6 million	0.31%	+992,075
Sandisk Corp. SNDK	18,667	$42.4 million	0.30%	-172,370
Select Sector SPDR Trust XLP	507,086	$42.1 million	0.30%	+224,043
DuPont de Nemours, Inc. DD	308,500	$41.8 million	0.30%	new
Financial Select Sector SPDR ETF XLF	778,421	$41.7 million	0.30%	+705,691
Aflac Inc. AFL	340,440	$39.9 million	0.29%	+156,548
Intuitive Surgical Inc. ISRG	100,307	$39.9 million	0.29%	-42,889
Abbott Laboratories ABT	438,231	$39.8 million	0.28%	+378,743
BJ's Wholesale Club Holdings, Inc. BJ	454,794	$39.7 million	0.28%	+211,441
Intercontinental Exchange, Inc. ICE	322,016	$39.6 million	0.28%	new
Kinross Gold Corp. KGC	1,677,438	$39.6 million	0.28%	+314,375
Goldman Sachs Group Inc. GS	38,890	$39.3 million	0.28%	+20,935
Incyte Corp. INCY	336,318	$38.1 million	0.27%	+24,297
Fox Corp. FOXA	730,044	$38.1 million	0.27%	+393,233
Barclays plc BCS	1,413,268	$38.0 million	0.27%	+366,972
Union Pacific Corp. UNP	137,287	$37.3 million	0.27%	+122,375
STMicroelectronics N.V. STM	483,307	$36.2 million	0.26%	new
American Electric Power Co. Inc. AEP	262,897	$36.0 million	0.26%	-120,531
Vertex Pharmaceuticals Inc. VRTX	71,088	$35.3 million	0.25%	-51,846
D.R. Horton, Inc. DHI	214,930	$35.0 million	0.25%	+47,117
Ulta Beauty, Inc. ULTA	76,320	$34.4 million	0.25%	new
Jefferies Financial Group Inc. JEF	688,560	$34.4 million	0.25%	+302,593
Lemonade Inc. LMND	527,970	$34.3 million	0.25%	+216,661
GoDaddy Inc. GDDY	403,042	$34.2 million	0.25%	+56,127
Hubspot Inc. HUBS	187,423	$34.2 million	0.25%	+82,761
Waste Connections Inc. WCN	196,960	$32.8 million	0.24%	+66,590
the Trade Desk Inc. TTD	1,812,929	$32.8 million	0.23%	+1,610,901
Shell plc SHEL	421,015	$32.6 million	0.23%	+157,738
Carpenter Technology Corp. CRS	52,674	$32.5 million	0.23%	-2,117
Thermo Fisher Scientific Inc. TMO	64,723	$32.4 million	0.23%	+42,518
Vici Properties Inc. VICI	1,201,388	$31.9 million	0.23%	+502,972
CF Industries Holdings, Inc. CF	294,084	$31.8 million	0.23%	+248,829
Tapestry, Inc. TPR	216,597	$31.7 million	0.23%	+132,884
Select Sector SPDR Trust XLV	197,847	$31.4 million	0.22%	-69,887
Devon Energy Corp. DVN	753,627	$31.1 million	0.22%	-908,921
Cheniere Energy Inc. LNG	128,661	$30.8 million	0.22%	+107,986
Expand Energy Corp. EXE	336,793	$30.7 million	0.22%	+147,156
Rockwell Automation, Inc. ROK	61,158	$30.3 million	0.22%	-11,839
Adobe Inc. ADBE	145,184	$29.8 million	0.21%	-193,184
Alcoa Corp. AA	566,823	$29.6 million	0.21%	+418,299
Tower Semiconductor Ltd TSEM	113,379	$29.6 million	0.21%	new
Unilever plc UL	490,979	$29.5 million	0.21%	-158,984
McDonald's Corp. MCD	108,734	$29.4 million	0.21%	-103,856
H&R Block Inc. HRB	765,437	$29.1 million	0.21%	+497,047
Agnico Eagle Mines Ltd AEM	185,312	$28.7 million	0.21%	-80,572
United Therapeutics Corp. UTHR	53,037	$28.7 million	0.21%	+4,073
Exelixis, Inc. EXEL	527,235	$28.7 million	0.21%	+47,542
Affirm Hldgs Inc. AFRM	348,607	$28.4 million	0.20%	+113,494
Upstart Hldgs Inc. UPST	800,994	$28.4 million	0.20%	-45,785
Deckers Outdoor Corp. DECK	285,571	$28.4 million	0.20%	-22,295
Macy's, Inc. M	1,188,097	$28.0 million	0.20%	+703,494
Cintas Corp. CTAS	164,454	$28.0 million	0.20%	-70,944
Select Sector SPDR Trust XLU	608,513	$27.6 million	0.20%	-109,832
Ford Motor Co. F	1,983,769	$27.6 million	0.20%	+1,169,875
Coca-Cola Co. KO	336,728	$27.4 million	0.20%	-369,136
Fortive Corp. FTV	444,580	$27.2 million	0.19%	new
Murphy USA Inc. MUSA	50,153	$27.0 million	0.19%	new
Otis Worldwide Corp. OTIS	376,724	$27.0 million	0.19%	-216,007
iShares Core S&P 500 ETF IVV	35,874	$26.9 million	0.19%	+15,200
First Solar, Inc. FSLR	113,492	$26.8 million	0.19%	new
Toast, Inc. TOST	949,098	$26.4 million	0.19%	-33,440
Ionis Pharmaceuticals Inc. IONS	329,554	$26.1 million	0.19%	+187,353
Bellring Brands Inc. BRBR	2,002,507	$25.9 million	0.19%	+1,018,764
Xcel Energy Inc. XEL	322,199	$25.9 million	0.19%	-58,820
Charles Schwab Corp. SCHW	279,572	$25.8 million	0.18%	+164,081
Air Products & Chemicals, Inc. APD	87,869	$25.8 million	0.18%	+71,750
Planet Fitness, Inc. PLNT	490,108	$25.6 million	0.18%	+431,625
Costar Group, Inc. CSGP	902,723	$25.6 million	0.18%	+856,370
Vaneck ETF Trust SMH	38,613	$25.3 million	0.18%	-9,462
Nuscale PWR Corp. SMR	2,524,608	$25.3 million	0.18%	-1,025,966
Technology Select Sector SPDR ETF XLK	132,843	$25.3 million	0.18%	-42,574
Ciena Corp. CIEN	51,538	$25.3 million	0.18%	+34,052
Solaredge Technologies, Inc. SEDG	431,861	$25.2 million	0.18%	-217,831
Lumentum Holdings Inc. LITE	29,371	$25.2 million	0.18%	new
Opendoor Technologies Inc. OPEN	5,417,707	$25.0 million	0.18%	+3,166,582
Veeva Systems Inc. VEEV	140,478	$24.9 million	0.18%	-5,892
Autodesk, Inc. ADSK	127,402	$24.8 million	0.18%	+95,274
Prudential Financial Inc. PRU	227,133	$24.5 million	0.18%	+112,934
Alaska Air Group, Inc. ALK	468,811	$24.5 million	0.18%	+135,456
Woodward, Inc. WWD	57,469	$24.4 million	0.18%	+37,425
Dynatrace, Inc. DT	556,629	$24.4 million	0.18%	+12,154
United Microelectronics Corporation UMC	897,313	$24.4 million	0.17%	+151,975
HCA Healthcare, Inc. HCA	62,552	$24.4 million	0.17%	new
lululemon athletica Inc. LULU	213,293	$24.4 million	0.17%	new
PTC Inc. PTC	214,277	$24.3 million	0.17%	+161,556
Commscope Hldg Co. Inc. VISN	1,896,234	$24.2 million	0.17%	+1,341,381
American Express Co. AXP	70,239	$23.8 million	0.17%	+8,057
Reddit, Inc. RDDT	136,505	$23.7 million	0.17%	new
Cognex Corp. CGNX	322,046	$23.3 million	0.17%	-3,182
American Airlines Group Inc. AAL	1,278,756	$23.1 million	0.17%	+1,157,670
Credo Technology Group Holdi CRDO	84,648	$23.0 million	0.16%	-96,400
RTX Corp. RTX	121,298	$23.0 million	0.16%	-313,081
Leidos Holdings, Inc. LDOS	222,399	$22.9 million	0.16%	+152,553
Arch Capital Group Ltd. ACGL	235,734	$22.9 million	0.16%	+175,196
Venture Global Inc. VG	2,041,403	$22.7 million	0.16%	+1,941,631
Marsh & McLennan Companies, Inc. MRSH	135,996	$22.7 million	0.16%	-187,020
Schwab Strategic Trust SCHD	705,544	$22.4 million	0.16%	+56,544
Alcon AG ALC	329,453	$22.1 million	0.16%	+174,831
Unum Group UNM	246,034	$22.0 million	0.16%	+194,704
American Tower Corp. AMT	134,389	$22.0 million	0.16%	-37,011
Insulet Corp. PODD	144,303	$22.0 million	0.16%	+114,533
CBRE Group, Inc. CBRE	162,031	$21.8 million	0.16%	new
First Majestic Silver Corp. AG	1,275,592	$21.6 million	0.15%	new
Carnival Corp. Ltd. CCL	757,017	$21.6 million	0.15%	+596,608
Abercrombie & Fitch Co. ANF	238,655	$21.5 million	0.15%	+48,339
Jabil Inc. JBL	55,594	$21.4 million	0.15%	+23,773
Alexandria Real Estate Equities, Inc. ARE	404,951	$21.4 million	0.15%	+358,900
iShares Trust IGV	234,549	$21.3 million	0.15%	new
Johnson & Johnson JNJ	82,341	$20.9 million	0.15%	new
McCormick & Co. Inc. MKC	414,313	$20.9 million	0.15%	+381,778
Fidelity National Information Services, Inc. FIS	535,369	$20.8 million	0.15%	-127,462
Philip Morris International Inc. PM	113,927	$20.6 million	0.15%	-154,066
Paychex Inc. PAYX	209,383	$20.6 million	0.15%	+140,270
Everest Group, Ltd. EG	57,528	$20.6 million	0.15%	+24,142
Textron Inc. TXT	218,915	$20.1 million	0.14%	+77,335
Bitmine Immersion Tecnologie BMNR	1,506,869	$20.1 million	0.14%	new
Ovintiv Inc. OVV	380,170	$20.0 million	0.14%	+64,512
Accenture plc ACN	160,767	$20.0 million	0.14%	+2,762
monday.com Ltd. MNDY	275,953	$20.0 million	0.14%	+137,870
MYR Group Inc. MYRG	39,752	$19.9 million	0.14%	+17,309
HDFC Bank Limited HDB	769,932	$19.9 million	0.14%	+615,975
Hims & Hers Health, Inc. HIMS	568,912	$19.7 million	0.14%	+531,569
Remitly Global, Inc. RELY	878,032	$19.7 million	0.14%	+327,905
Dow Inc. DOW	718,882	$19.7 million	0.14%	+271,875
Lennar Corp. LEN	217,190	$19.7 million	0.14%	-91,566
Broadridge Financial Solutions, Inc. BR	142,415	$19.5 million	0.14%	+89,277
Moderna, Inc. MRNA	277,758	$19.5 million	0.14%	-292,172
Snap Inc. SNAP	4,369,965	$19.4 million	0.14%	+1,201,558
Amkor Technology, Inc. AMKR	221,979	$19.1 million	0.14%	+193,648
Synchrony Financial SYF	251,546	$19.1 million	0.14%	-49,017
RH RH	115,102	$19.0 million	0.14%	new
Cleveland-Cliffs Inc. CLF	2,016,447	$18.9 million	0.14%	+1,859,713
Invesco Ltd. IVZ	716,388	$18.9 million	0.14%	+376,422
Check Point Software Technologies Ltd. CHKP	143,243	$18.8 million	0.13%	+74,731
Alamos Gold Inc. New AGI	614,504	$18.6 million	0.13%	+275,875
InterDigital, Inc. IDCC	65,430	$18.5 million	0.13%	+29,528
American Eagle Outfitters Inc. AEO	1,076,969	$18.5 million	0.13%	+579,027
Ss&c Technologies Hldgs Inc. SSNC	295,478	$18.3 million	0.13%	+229,625
Eli Lilly & Co. LLY	15,245	$18.3 million	0.13%	-174,313
Rivian Automotive Inc. RIVN	1,051,719	$18.2 million	0.13%	new
Epam Systems, Inc. EPAM	227,299	$18.0 million	0.13%	new
Pinnacle West Capital Corp. PNW	167,754	$17.9 million	0.13%	+50,646
J.M. Smucker Co. SJM	158,806	$17.9 million	0.13%	new
IDEXX Laboratories Inc. IDXX	33,791	$17.8 million	0.13%	-9,098
APA Corp. APA	543,278	$17.7 million	0.13%	+228,535
Boot Barn Holdings, Inc. BOOT	107,694	$17.7 million	0.13%	+89,940
Southern Co. SO	183,056	$17.5 million	0.13%	-414,684
SM Energy Co. SM	666,413	$17.4 million	0.12%	+239,843
Bread Financial Holdings, Inc. BFH	159,546	$17.3 million	0.12%	+33,202
Graphic Packaging Holding Co. GPK	1,630,837	$17.2 million	0.12%	+602,420
Applied Materials Inc. AMAT	23,830	$17.2 million	0.12%	-109,173
Royal Gold Inc. RGLD	86,043	$17.2 million	0.12%	+40,506
TJX Companies Inc. TJX	113,160	$17.1 million	0.12%	new
F5, Inc. FFIV	41,078	$17.1 million	0.12%	new
Intuit Inc. INTU	64,425	$16.8 million	0.12%	new
W.W. Grainger, Inc. GWW	12,340	$16.8 million	0.12%	new
Neurocrine Biosciences Inc. NBIX	98,117	$16.5 million	0.12%	-51,514
Xpo, Inc. XPO	80,403	$16.5 million	0.12%	new
Hilton Worldwide Holdings Inc. HLT	49,226	$16.3 million	0.12%	+26,534
Garmin Ltd. GRMN	68,298	$16.2 million	0.12%	-10,388
Urban Outfitters Inc. URBN	228,083	$16.2 million	0.12%	+56,599
Corcept Therapeutics Inc. CORT	184,231	$16.0 million	0.11%	+57,802
Toll Brothers, Inc. TOL	97,211	$16.0 million	0.11%	+43,660
Wheaton Precious Metals Corp. WPM	142,351	$16.0 million	0.11%	new
SSR Mining in SSRM	562,425	$15.9 million	0.11%	+275,669
Trip.com Group Limited TCOM	398,929	$15.9 million	0.11%	new
Insmed Inc. INSM	148,976	$15.9 million	0.11%	new
Paycom Software, Inc. PAYC	126,318	$15.9 million	0.11%	+97,423
Mattel Inc. MAT	1,135,171	$15.8 million	0.11%	+629,421
Align Technology Inc. ALGN	93,349	$15.7 million	0.11%	-4,831
Middleby Corp. MIDD	91,476	$15.7 million	0.11%	new
Iamgold Corp. IAG	992,020	$15.7 million	0.11%	+395,801
Levi Strauss & Co. New LEVI	631,342	$15.7 million	0.11%	+320,024
ASE Technology Holding Co., Ltd. ASX	346,922	$15.7 million	0.11%	-217,254
Zillow Group Inc. Z	492,873	$15.5 million	0.11%	new
MSCI Inc. MSCI	27,584	$15.4 million	0.11%	+16,347
Norwegian Cruise Line Holdings Ltd. NCLH	731,337	$15.4 million	0.11%	+631,676
United Rentals, Inc. URI	13,556	$15.4 million	0.11%	new
Paylocity Holding Corp. PCTY	145,233	$15.2 million	0.11%	+60,106
Carlisle Companies Inc. CSL	41,570	$15.1 million	0.11%	-3,226
Antero Resources Corp. AR	427,853	$15.0 million	0.11%	-135,129
Builders Firstsource Inc. BLDR	167,289	$15.0 million	0.11%	new
Intuitive Machines Inc. LUNR	698,091	$14.9 million	0.11%	+317,562
Oscar Health Inc. Class A OSCR	519,191	$14.8 million	0.11%	+271,630
Avery Dennison Corp. AVY	91,167	$14.8 million	0.11%	+55,591
Vicor Corp. VICR	38,615	$14.7 million	0.11%	+22,968
Pan Amern Silver Corp. PAAS	326,698	$14.6 million	0.10%	-120,144
Apple Inc. AAPL	50,461	$14.6 million	0.10%	-1,049,715
Quantum Computing Inc. QUBT	1,505,193	$14.6 million	0.10%	-195,702
Humana Inc. HUM	36,564	$14.5 million	0.10%	-254,767
SPDR Ser Trust KRE	193,109	$14.5 million	0.10%	-33,631
Box Inc. BOX	543,011	$14.4 million	0.10%	+149,181
Veralto Corp. VLTO	162,166	$14.4 million	0.10%	+52,451
Marathon Petroleum Corp. MPC	56,096	$14.3 million	0.10%	-39,334
Expeditors International of Washington Inc. EXPD	86,662	$14.1 million	0.10%	-43,794
Flutter Entertainment plc FLUT	136,694	$14.0 million	0.10%	new
Occidental Petroleum Corp. OXY	286,513	$13.9 million	0.10%	+170,877
Qualcomm Inc. QCOM	75,041	$13.9 million	0.10%	-75,109
Capital One Financial Corp. COF	69,089	$13.9 million	0.10%	+42,952
Portland General Electric Co. POR	266,596	$13.8 million	0.10%	+180,312
FMC Corp. FMC	1,199,619	$13.8 million	0.10%	+337,063
Royal Bank of Canada RY	66,119	$13.7 million	0.10%	-1,946
TechnipFMC plc FTI	204,890	$13.6 million	0.10%	new
Clear Secure, Inc. YOU	243,210	$13.6 million	0.10%	+127,065
Biomarin Pharmaceutical Inc. BMRN	235,421	$13.5 million	0.10%	+54,356
Valmont Industries Inc. VMI	22,891	$13.2 million	0.09%	+8,589
British American Tobacco p.l.c. BTI	210,690	$13.0 million	0.09%	-516,559
ING Groep N.V. ING	409,785	$12.9 million	0.09%	+138,980
Eos Energy Enterprises Inc. EOSE	2,181,499	$12.8 million	0.09%	+746,907
Sprouts Farmers Market, Inc. SFM	151,537	$12.8 million	0.09%	+6,722
Howmet Aerospace Inc. HWM	47,576	$12.8 million	0.09%	-172,309
Ryder System Inc. R	48,064	$12.7 million	0.09%	+30,516
Navitas Semiconductor Corp NVTS	700,825	$12.6 million	0.09%	+608,221
Hinge Health Inc. HNGE	151,044	$12.5 million	0.09%	+63,549
T. Rowe Price Group, Inc. TROW	110,185	$12.5 million	0.09%	+30,347
Hecla Mining Co. HL	809,378	$12.5 million	0.09%	-485,897
Carmax Inc. KMX	236,073	$12.5 million	0.09%	+210,222
Cavco Industries, Inc. CVCO	20,290	$12.5 million	0.09%	new
Varonis Sys Inc. VRNS	293,922	$12.3 million	0.09%	+227,299
Lloyds Banking Group plc LYG	2,093,662	$12.2 million	0.09%	+1,359,141

Every US-listed position in the fund's 13F for the quarter ended 30 June 2026, by the value it reported; the largest 300 here.

Change is shares against its 13F for the quarter before; the 173 it sold out of are in the box above.

Options it reported

Company	Option	Shares under the options	Value of those shares
Micron Technology Inc. MU	Puts	215,300	$248.5 million
Advanced Micro Devices Inc. AMD	Puts	154,600	$89.8 million
Micron Technology Inc. MU	Calls	73,300	$84.6 million
SPDR S&P 500 SPY	Puts	110,700	$82.7 million
Apple Inc. AAPL	Puts	279,200	$80.8 million
Intel Corp. INTC	Calls	566,900	$79.2 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Puts	162,400	$77.6 million
Intel Corp. INTC	Puts	533,300	$74.5 million
Apple Inc. AAPL	Calls	238,500	$69.0 million
Tesla, Inc. TSLA	Puts	161,100	$67.8 million
Vaneck ETF Trust SMH	Puts	103,300	$67.8 million
Tesla, Inc. TSLA	Calls	156,800	$66.0 million
SPDR S&P 500 SPY	Calls	86,900	$64.9 million
Advanced Micro Devices Inc. AMD	Calls	102,200	$59.4 million
iShares Inc. EWZ	Calls	1,688,400	$58.2 million
Palantir Technologies Inc. PLTR	Calls	490,600	$57.2 million
Caterpillar Inc. CAT	Puts	52,800	$56.2 million
Alphabet Inc. GOOGL	Calls	157,100	$56.1 million
NVIDIA Corp. NVDA	Calls	270,600	$54.1 million
UnitedHealth Group Inc. UNH	Puts	126,400	$52.5 million
ServiceNow, Inc. NOW	Calls	499,200	$49.6 million
Arm Holdings plc ARM	Puts	138,800	$49.2 million
NVIDIA Corp. NVDA	Puts	241,500	$48.3 million
Western Digital Corp. WDC	Puts	75,400	$48.2 million
Goldman Sachs Group Inc. GS	Puts	47,500	$48.0 million
SPDR Ser Trust KRE	Puts	628,700	$47.1 million
Salesforce, Inc. CRM	Calls	297,900	$46.7 million
Lam Research Corp. LRCX	Puts	104,400	$45.2 million
Costco Wholesale Corp. COST	Calls	47,500	$44.4 million
Amazon.com Inc. AMZN	Calls	184,100	$43.9 million
Eli Lilly & Co. LLY	Puts	35,800	$42.9 million
Financial Select Sector SPDR ETF XLF	Puts	800,100	$42.9 million
Caterpillar Inc. CAT	Calls	40,000	$42.6 million
Microsoft Corp. MSFT	Calls	113,900	$42.5 million
Financial Select Sector SPDR ETF XLF	Calls	758,200	$40.6 million
Oracle Corp. ORCL	Puts	276,300	$40.5 million
Taiwan Semiconductor Manufacturing Company Limited TSM	Calls	84,500	$40.4 million
UnitedHealth Group Inc. UNH	Calls	96,800	$40.2 million
Meta Platforms, Inc. META	Calls	71,300	$40.2 million
Marvell Technology, Inc. MRVL	Puts	134,100	$39.9 million
Walt Disney Co. DIS	Calls	408,300	$39.3 million
Meta Platforms, Inc. META	Puts	69,300	$39.0 million
Palo Alto Networks Inc. PANW	Calls	113,800	$38.8 million
Lumentum Holdings Inc. LITE	Puts	44,100	$37.8 million
JPMorgan Chase & Co. JPM	Puts	110,300	$36.1 million
Sandisk Corp. SNDK	Puts	15,600	$35.5 million
Arm Holdings plc ARM	Calls	97,600	$34.6 million
iShares Inc. EWZ	Puts	976,600	$33.7 million
Salesforce, Inc. CRM	Puts	210,800	$33.0 million
Astera Labs Inc. ALAB	Puts	67,400	$32.6 million
Technology Select Sector SPDR ETF XLK	Puts	169,900	$32.4 million
JPMorgan Chase & Co. JPM	Calls	98,700	$32.3 million
Citigroup Inc. C	Puts	229,600	$32.1 million
CrowdStrike Holdings, Inc. CRWD	Puts	42,100	$32.1 million
Broadcom Inc. AVGO	Puts	84,800	$32.0 million
ASML Holding N.V. ASML	Puts	15,900	$31.6 million
Microsoft Corp. MSFT	Puts	83,400	$31.1 million
Boeing Co. BA	Calls	143,700	$31.1 million
Amazon.com Inc. AMZN	Puts	130,500	$31.1 million
Johnson & Johnson JNJ	Puts	120,900	$30.7 million
SPDR Ser Trust XBI	Calls	189,200	$29.9 million
Palo Alto Networks Inc. PANW	Puts	87,300	$29.8 million
Pfizer Inc. PFE	Calls	1,201,500	$28.9 million
Dell Technologies Inc. DELL	Calls	67,000	$28.9 million
Dell Technologies Inc. DELL	Puts	66,100	$28.5 million
GE Vernova Inc. GEV	Calls	23,800	$28.0 million
Comcast Corp. CMCSA	Calls	1,136,000	$27.9 million
Alphabet Inc. GOOGL	Puts	77,300	$27.6 million
Uber Technologies, Inc. UBER	Calls	380,700	$27.5 million
Eli Lilly & Co. LLY	Calls	22,800	$27.3 million
Novo Nordisk A/S NVO	Calls	566,700	$27.2 million
PepsiCo Inc. PEP	Calls	198,500	$26.9 million
GE Vernova Inc. GEV	Puts	22,500	$26.4 million
Yandex N V NBIS	Calls	94,400	$26.1 million
Goldman Sachs Group Inc. GS	Calls	25,400	$25.7 million
Lam Research Corp. LRCX	Calls	58,200	$25.2 million
Booking Holdings Inc. BKNG	Puts	141,200	$25.2 million
Vaneck ETF Trust GDX	Puts	333,200	$25.1 million
Nokia Corporation NOK	Calls	1,884,700	$25.0 million
Bank of America Corp. BAC	Puts	437,900	$25.0 million
Select Sector SPDR Trust XLE	Calls	469,400	$24.9 million
Boeing Co. BA	Puts	114,000	$24.7 million
Marvell Technology, Inc. MRVL	Calls	82,600	$24.6 million
Robinhood Markets, Inc. HOOD	Puts	245,300	$24.6 million
EchoStar Corp. ECHO	Calls	238,300	$24.2 million
Starbucks Corp. SBUX	Puts	235,800	$24.1 million
Palantir Technologies Inc. PLTR	Puts	205,500	$24.0 million
Cisco Systems, Inc. CSCO	Calls	203,000	$23.8 million
Booking Holdings Inc. BKNG	Calls	131,700	$23.5 million
SPDR Dow Jones Indl Average DIA	Puts	44,900	$23.5 million
Sofi Technologies Inc. SOFI	Puts	1,307,400	$23.4 million
Berkshire Hathaway Inc. Class B BRKB	Puts	46,600	$23.3 million
Intuitive Surgical Inc. ISRG	Puts	58,200	$23.1 million
Broadcom Inc. AVGO	Calls	61,200	$23.1 million
AT&T Inc. T	Calls	1,115,100	$23.1 million
Bloom Energy Corp. BE	Calls	76,100	$23.0 million
Bank of America Corp. BAC	Calls	403,700	$23.0 million
Applied Materials Inc. AMAT	Puts	31,800	$23.0 million
Walt Disney Co. DIS	Puts	236,800	$22.8 million
Vaneck ETF Trust GDX	Calls	299,200	$22.6 million

The largest 100 of 1,088 option lines.

A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.