As of 12/31/2025, Capital Fund Management S.A. reported a 13F portfolio value of $35.99B, down from $38.16B for the prior reporting period. The largest reported positions included Nvidia Corporation Com, Tesla Inc. Com, Apple Inc. Com, Taiwan Semiconductor MFG Ltd. Sponsored ADS, and Booking Holdings Inc. Com.
The table below shows the Capital Fund Management S.A. top holdings by position size, including reported share amounts, changes from the prior quarter, and position value. Holdings data is derived from publicly available 13F filings.
Capital Fund Management S.A. latest 13F summary
- Reporting date: 12/31/2025
- Reported 13F portfolio value: $35.99 billion
- Prior reported value: $38.16 billion
- Largest reported holding: Nvidia Corporation Com
- Other top holdings: Tesla Inc. Com, Apple Inc. Com, Taiwan Semiconductor MFG Ltd. Sponsored ADS, Booking Holdings Inc. Com
| Entity | Amount | Change
09/30/2025 to 12/31/2025 |
Position Size ($ in 1000's) |
|---|---|---|---|
 NVIDIA CORPORATION COM |
$217,669 | ||
| NVDA | 1,451,529 | -140,661 | $270,710 |
| Put | 839,700 | -43,600 | $156,604 |
| Call | 555,300 | -180,100 | $103,563 |
| TESLA INC COM |
$216,027 | ||
| TSLA | 541,058 | -95,263 | $243,325 |
| Put | 494,800 | +25,100 | $222,521 |
| Call | 434,100 | +20,700 | $195,223 |
| APPLE INC COM |
$176,498 | ||
| Put | 1,033,700 | +384,300 | $281,022 |
| AAPL | 850,925 | -281,784 | $231,332 |
| Call | 832,000 | +275,100 | $226,188 |
| TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS |
$149,355 | ||
| TSM | 706,378 | +548,197 | $214,661 |
| Put | 590,800 | +203,800 | $179,538 |
| Call | 375,900 | +129,400 | $114,232 |
 BOOKING HOLDINGS INC COM |
21,795 | +10,895 | $116,719 |
| BKNG | 21,795 | +21,795 | $116,719 |
| ALTRIA GROUP INC COM |
$115,654 | ||
| MO | 1,706,598 | +40,251 | $98,402 |
| Call | 666,600 | +282,700 | $38,436 |
| Put | 367,400 | +108,900 | $21,184 |
| CHEVRON CORP NEW COM |
$114,643 | ||
| CVX | 829,197 | -129,673 | $126,378 |
| Put | 198,000 | -33,800 | $30,177 |
| Call | 121,000 | -180,700 | $18,442 |
| ADVANCED MICRO DEVICES INC COM |
$112,969 | ||
| AMD | 480,397 | +399,397 | $102,882 |
| Call | 466,900 | -144,900 | $99,991 |
| Put | 419,800 | -239,800 | $89,904 |
| BANK AMERICA CORP COM |
$99,803 | ||
| BAC | 1,887,992 | +1,705,612 | $103,840 |
| Put | 755,200 | -122,200 | $41,536 |
| Call | 681,800 | -71,500 | $37,499 |
| GE AEROSPACE COM NEW |
$98,026 | ||
| GE | 404,637 | +4,769 | $124,640 |
| Put | 223,400 | +5,400 | $68,814 |
| Call | 137,000 | -132,500 | $42,200 |
| GE VERNOVA INC COM |
$96,283 | ||
| GEV | 151,843 | +104,069 | $99,240 |
| Put | 71,950 | +20,900 | $47,024 |
| Call | 67,425 | -48,600 | $44,067 |
| AMAZON COM INC COM |
$94,889 | ||
| AMZN | 431,796 | -16,999 | $99,667 |
| Put | 188,600 | -320,900 | $43,533 |
| Call | 167,900 | -271,200 | $38,755 |
| SEA LTD SPONSORD ADS |
$90,433 | ||
| SE | 602,896 | +263,008 | $76,911 |
| Call | 225,500 | +118,400 | $28,767 |
| Put | 119,500 | +6,400 | $15,245 |
| AIRBNB INC COM CL A |
$89,125 | ||
| ABNB | 675,585 | +75,043 | $91,690 |
| Put | 171,400 | -39,500 | $23,262 |
| Call | 152,500 | +13,400 | $20,697 |
| BOSTON SCIENTIFIC CORP COM |
$86,315 | ||
| BSX | 1,152,048 | +612,642 | $109,848 |
| Put | 411,900 | +321,300 | $39,275 |
| Call | 165,100 | +110,900 | $15,742 |
| HONEYWELL INTL INC COM |
$85,615 | ||
| HON | 438,151 | +225,085 | $85,479 |
| Call | 39,900 | +6,600 | $7,784 |
| Put | 39,200 | +17,600 | $7,648 |
| PHILIP MORRIS INTL INC COM |
$81,089 | ||
| PM | 649,846 | +352,143 | $104,235 |
| Put | 309,900 | +81,200 | $49,708 |
| Call | 165,600 | -84,300 | $26,562 |
| SERVICENOW INC COM |
$79,707 | ||
| NOW | 523,014 | +523,014 | $80,121 |
| Put | 301,900 | +216,300 | $46,248 |
| Call | 299,200 | +238,300 | $45,834 |
| NETFLIX INC COM |
$78,302 | ||
| NFLX | 906,340 | +808,671 | $84,978 |
| Put | 739,100 | +604,200 | $69,298 |
| Call | 667,900 | +519,700 | $62,622 |
| COSTCO WHSL CORP NEW COM |
$74,398 | ||
| Call | 142,900 | -50,300 | $123,228 |
| Put | 78,000 | -66,100 | $67,263 |
| COST | 21,376 | -6,784 | $18,433 |
| BERKSHIRE HATHAWAY INC DEL CL B NEW |
$72,414 | ||
| Put | 311,100 | +108,100 | $156,374 |
| Call | 292,100 | +65,700 | $146,824 |
| BRK.B | 163,063 | -10,333 | $81,964 |
| RTX CORPORATION COM |
$70,744 | ||
| RTX | 478,636 | +361,802 | $87,782 |
| Put | 344,300 | +173,600 | $63,145 |
| Call | 251,400 | +148,000 | $46,107 |
| EXXON MOBIL CORP COM |
$65,981 | ||
| XOM | 420,686 | -389,942 | $50,625 |
| Call | 325,500 | -361,200 | $39,171 |
| Put | 197,900 | -282,100 | $23,815 |
| CHIPOTLE MEXICAN GRILL INC COM |
$65,938 | ||
| Call | 1,948,500 | +1,181,800 | $72,094 |
| Put | 1,004,600 | +60,400 | $37,170 |
| CMG | 838,215 | -72,429 | $31,014 |
| UNITEDHEALTH GROUP INC COM |
$64,867 | ||
| Call | 464,000 | -9,100 | $153,171 |
| Put | 267,500 | +25,000 | $88,304 |
| MERCADOLIBRE INC COM |
31,931 | +17,210 | $64,317 |
| MELI | 31,931 | +17,210 | $64,317 |
| ZOETIS INC CL A |
$63,983 | ||
| ZTS | 481,833 | +25,063 | $60,624 |
| Call | 85,100 | -40,400 | $10,707 |
| Put | 58,400 | -32,100 | $7,348 |
| ADOBE INC COM |
$63,503 | ||
| Call | 215,800 | -26,600 | $75,528 |
| Put | 196,600 | -18,100 | $68,808 |
| ADBE | 162,242 | -129,822 | $56,783 |
| DEERE & CO COM |
132,014 | +78,705 | $61,462 |
| DE | 132,014 | +79,905 | $61,462 |
| 3M CO COM |
$59,905 | ||
| Call | 300,500 | -8,800 | $48,110 |
| MMM | 237,468 | +69,235 | $38,019 |
| Put | 163,800 | -185,900 | $26,224 |
| SPOTIFY TECHNOLOGY S A SHS |
$57,403 | ||
| SPOT | 98,850 | +44,789 | $57,403 |
| Put | 76,100 | -32,900 | $44,192 |
| Call | 76,100 | +6,600 | $44,192 |
| MCDONALDS CORP COM |
$56,846 | ||
| MCD | 175,296 | -148,389 | $53,576 |
| Call | 145,000 | +15,600 | $44,316 |
| Put | 134,300 | +3,500 | $41,046 |
| META PLATFORMS INC CL A |
$56,192 | ||
| Call | 112,800 | +200 | $74,458 |
| Put | 106,200 | -2,500 | $70,102 |
| META | 78,529 | +78,529 | $51,836 |
| INTUITIVE SURGICAL INC COM NEW |
$55,362 | ||
| Call | 74,600 | -75,200 | $42,250 |
| ISRG | 73,451 | -153,084 | $41,600 |
| Put | 50,300 | -71,300 | $28,488 |
| FISERV INC COM |
$54,932 | ||
| FISV | 695,098 | +695,098 | $46,690 |
| Call | 320,300 | +320,300 | $21,515 |
| Put | 197,600 | +197,600 | $13,273 |
| BLACKSTONE INC COM |
$53,216 | ||
| BX | 411,941 | +258,742 | $63,497 |
| Put | 135,200 | -58,600 | $20,840 |
| Call | 68,500 | -31,700 | $10,559 |
| SCHWAB CHARLES CORP COM |
$52,204 | ||
| Put | 572,300 | +326,800 | $57,178 |
| Call | 549,500 | +431,000 | $54,901 |
| SCHW | 545,303 | -244,573 | $54,481 |
| ROBINHOOD MKTS INC COM CL A |
$52,131 | ||
| Call | 1,009,200 | -145,900 | $114,141 |
| Put | 761,100 | -123,500 | $86,080 |
| HOOD | 212,820 | +157,983 | $24,070 |
| CITIGROUP INC COM NEW |
$51,229 | ||
| Put | 873,700 | -91,800 | $101,952 |
| Call | 737,200 | -201,500 | $86,024 |
| C | 575,516 | -206,333 | $67,157 |
| SALESFORCE INC COM |
$51,222 | ||
| CRM | 267,452 | +80,212 | $70,851 |
| Put | 212,700 | -72,400 | $56,346 |
| Call | 138,600 | -87,100 | $36,717 |
| PAYPAL HLDGS INC COM |
$50,909 | ||
| PYPL | 681,409 | +185,277 | $39,781 |
| Call | 376,100 | -298,600 | $21,957 |
| Put | 185,500 | -527,200 | $10,829 |
| ALBEMARLE CORP COM |
$49,666 | ||
| ALB | 440,151 | +98,353 | $62,255 |
| Put | 133,700 | -29,100 | $18,911 |
| Call | 44,700 | -113,000 | $6,322 |
| SELECT SECTOR SPDR TR STATE STREET HEA (XLV) |
$49,205 | ||
| XLV | 520,868 | +383,700 | $80,630 |
| Put | 493,700 | -116,500 | $76,425 |
| Call | 290,700 | -624,900 | $45,000 |
| GODADDY INC CL A |
$49,066 | ||
| GDDY | 386,937 | +14,974 | $48,011 |
| Call | 36,000 | +13,000 | $4,467 |
| Put | 27,500 | +1,000 | $3,412 |
| STRYKER CORPORATION COM |
$49,024 | ||
| SYK | 119,584 | +40,674 | $42,030 |
| Call | 37,300 | +2,100 | $13,110 |
| Put | 17,400 | +4,800 | $6,116 |
| THE TRADE DESK INC COM CL A |
$49,019 | ||
| Call | 1,790,500 | +1,207,200 | $67,967 |
| Put | 1,409,700 | +960,300 | $53,512 |
| TTD | 910,550 | +910,550 | $34,564 |
| EATON CORP PLC SHS |
$48,441 | ||
| ETN | 121,186 | +121,186 | $38,599 |
| Call | 71,200 | +49,000 | $22,678 |
| Put | 40,300 | +13,900 | $12,836 |
| AMERICAN INTL GROUP INC COM NEW |
$48,378 | ||
| AIG | 569,791 | -142,442 | $48,746 |
| Put | 22,200 | -23,500 | $1,899 |
| Call | 17,900 | -63,700 | $1,531 |
| WELLS FARGO CO NEW COM |
$47,583 | ||
| WFC | 476,651 | +147,385 | $44,424 |
| Call | 459,800 | -318,800 | $42,853 |
| Put | 425,900 | -107,400 | $39,694 |
| CINTAS CORP COM |
$45,232 | ||
| CTAS | 237,811 | +168,427 | $44,725 |
| Call | 67,100 | -3,100 | $12,619 |
| Put | 64,400 | +44,200 | $12,112 |
