CAPITAL FUND MANAGEMENT S.A. Q4 2025 Filing

Filed February 17, 2026

Portfolio Value

$36.0B

Holdings

1,197

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (1,197 positions)

#StockSharesValue% PortfolioType
101
DYHTARGET CORP COM
987,130$95.0B263.97%Put
102
AMATAPPLIED MATLS INC COM
372,800$95.0B263.97%Put
103
PEPPEPSICO INC COM
666,700$95.0B263.97%Put
104
APHAMPHENOL CORP NEW CL A
706,810$95.0B263.97%Put
105
NKENIKE INC CL B
1,498,700$94.0B261.19%Put
106
OXYOCCIDENTAL PETE CORP COM
2,315,700$94.0B261.19%Put
107
VSTVISTRA CORP COM
586,735$94.0B261.19%Put
108
BXBLACKSTONE INC COM
615,641$93.0B258.41%Put
109
BBARRICK MNG CORP COM SHS
2,161,074$93.0B258.41%Put
110
GISGENERAL MLS INC COM
2,030,165$93.0B258.41%Put
111
CVNACARVANA CO CL A
220,400$92.0B255.63%Put
112
RDDTREDDIT INC CL A
400,003$91.0B252.86%Put
113
ASMLASML HOLDING N V N Y REGISTRY SHS
85,291$91.0B252.86%Put
114
XLFISELECT SECTOR SPDR TR STATE STREET CON
1,169,200$90.0B250.08%Put
115
CHTRCHARTER COMMUNICATIONS INC N CL A
425,018$88.0B244.52%Put
116
TEAMATLASSIAN CORPORATION CL A
556,741$88.0B244.52%Put
117
ALBALBEMARLE CORP COM
618,551$86.0B238.96%Put
118
DECKDECKERS OUTDOOR CORP COM
832,614$85.0B236.18%Put
119
UPSUNITED PARCEL SERVICE INC CL B
852,600$84.0B233.40%Put
120
BACVERIZON COMMUNICATIONS INC COM
2,079,200$84.0B233.40%Put
121
LMTLOCKHEED MARTIN CORP COM
176,500$84.0B233.40%Put
122
QCOMQUALCOMM INC COM
501,225$84.0B233.40%Put
123
INTUINTUIT COM
126,694$83.0B230.63%Put
124
DWDMORGAN STANLEY COM NEW
468,245$82.0B227.85%Put
125
BMTABRITISH AMERN TOB PLC SPONSORED ADR
1,470,827$81.0B225.07%Put
126
FISVFISERV INC COM
1,212,998$80.0B222.29%Put
127
STZCONSTELLATION BRANDS INC CL A
575,300$79.0B219.51%Put
128
RBLXROBLOX CORP CL A
957,276$77.0B213.95%Put
129
ZTSZOETIS INC CL A
625,333$77.0B213.95%Put
130
AMGNAMGEN INC COM
238,828$76.0B211.18%Put
131
TXNTEXAS INSTRS INC COM
442,909$75.0B208.40%Put
132
MRVLMARVELL TECHNOLOGY INC COM
894,687$75.0B208.40%Put
133
DVNDEVON ENERGY CORP NEW COM
2,099,496$75.0B208.40%Put
134
CCOCAMECO CORP COM
827,200$74.0B205.62%Put
135
CLSCELESTICA INC COM
246,000$72.0B200.06%Put
136
ETNEATON CORP PLC SHS
232,686$72.0B200.06%Put
137
MRKMERCK & CO INC COM
680,647$70.0B194.50%Put
138
PYPLPAYPAL HLDGS INC COM
1,243,009$70.0B194.50%Put
139
CITCINTAS CORP COM
369,311$68.0B188.95%Put
140
OKEONEOK INC NEW COM
938,300$68.0B188.95%Put
141
CVSCVS HEALTH CORP COM
852,600$67.0B186.17%Put
142
SMRNUSCALE PWR CORP CL A COM
4,885,535$67.0B186.17%Put
143
ABBVABBVIE INC COM
295,288$67.0B186.17%Put
144
BEBLOOM ENERGY CORP COM CL A
796,559$67.0B186.17%Put
145
ENPHENPHASE ENERGY INC COM
2,094,370$66.0B183.39%Put
146
PANWPALO ALTO NETWORKS INC COM
365,884$66.0B183.39%Put
147
KHCKRAFT HEINZ CO COM
2,728,500$65.0B180.61%Put
148
MRNAMODERNA INC COM
2,243,280$65.0B180.61%Put
149
HIMSHIMS & HERS HEALTH INC COM CL A
2,056,700$65.0B180.61%Put
150
MLB1MERCADOLIBRE INC COM
31,931$64.0B177.83%
151
DHID R HORTON INC COM
445,421$62.0B172.27%Put
152
IONQIONQ INC COM
1,399,900$62.0B172.27%Put
153
PGRPROGRESSIVE CORP COM
279,250$62.0B172.27%Put
154
DELLDELL TECHNOLOGIES INC CL C
487,800$61.0B169.50%Put
155
SYKSTRYKER CORPORATION COM
174,284$61.0B169.50%Put
156
ELLAUDER ESTEE COS INC CL A
598,836$61.0B169.50%Put
157
DEDEERE & CO COM
132,014$61.0B169.50%
158
CRWVCOREWEAVE INC COM CL A
857,003$60.0B166.72%Put
159
GLWCORNING INC COM
699,644$60.0B166.72%Put
160
FFORD MTR CO COM
4,607,795$59.0B163.94%Put
161
UPSTUPSTART HLDGS INC COM
1,384,745$59.0B163.94%Put
162
ANFABERCROMBIE & FITCH CO CL A
475,858$59.0B163.94%Put
163
AFRMAFFIRM HLDGS INC COM CL A
814,980$59.0B163.94%Put
164
DOWDOW INC COM
2,553,500$59.0B163.94%Put
165
MCHPMICROCHIP TECHNOLOGY INC. COM
922,760$58.0B161.16%Put
166
ONONON HLDG AG NAMEN AKT A
1,248,059$57.0B158.38%Put
167
ICEINTERCONTINENTAL EXCHANGE IN COM
362,351$57.0B158.38%Put
168
NBISNEBIUS GROUP N.V. SHS CLASS A
692,531$56.0B155.60%Put
169
LENLENNAR CORP CL A
562,136$56.0B155.60%Put
170
CMCSACOMCAST CORP NEW CL A
1,905,268$56.0B155.60%Put
171
EWZISHARES INC MSCI BRAZIL ETF
1,809,331$56.0B155.60%Put
172
WDAYWORKDAY INC CL A
268,241$56.0B155.60%Put
173
MPMP MATERIALS CORP COM CL A
1,102,630$55.0B152.82%Put
174
GDDYGODADDY INC CL A
450,437$55.0B152.82%Put
175
LUVSOUTHWEST AIRLS CO COM
1,343,324$54.0B150.05%Put
176
IBKRINTERACTIVE BROKERS GROUP IN COM CL A
850,012$53.0B147.27%Put
177
FCXFREEPORT-MCMORAN INC CL B
1,065,983$53.0B147.27%Put
178
EEMISHARES TR MSCI EMG MKT ETF
999,900$53.0B147.27%Put
179
RKTROCKET COS INC COM CL A
2,746,405$52.0B144.49%Put
180
PGPROCTER AND GAMBLE CO COM
374,100$52.0B144.49%Put
181
RGTIRIGETTI COMPUTING INC COMMON STOCK
2,392,000$52.0B144.49%Put
182
SLBSLB LIMITED COM STK
1,373,700$52.0B144.49%Put
183
RIORIO TINTO PLC SPONSORED ADR
651,131$51.0B141.71%Put
184
CLXCLOROX CO DEL COM
519,746$51.0B141.71%Put
185
CEGCONSTELLATION ENERGY CORP COM
147,900$51.0B141.71%Put
186
TWLOTWILIO INC CL A
369,300$51.0B141.71%Put
187
CLCOLGATE PALMOLIVE CO COM
656,500$51.0B141.71%Put
188
ALKALASKA AIR GROUP INC COM
1,048,947$51.0B141.71%Put
189
AIGAMERICAN INTL GROUP INC COM NEW
609,891$50.0B138.93%Put
190
EOGEOG RES INC COM
479,544$49.0B136.15%Put
191
XOPSPDR SERIES TRUST STATE STREET SPD
391,300$49.0B136.15%Put
192
NRANRG ENERGY INC COM NEW
310,646$49.0B136.15%Put
193
HWMHOWMET AEROSPACE INC COM
244,059$49.0B136.15%Put
194
CIENCIENA CORP COM NEW
213,518$48.0B133.37%Put
195
ONON SEMICONDUCTOR CORP COM
924,081$48.0B133.37%Put
196
AALAMERICAN AIRLS GROUP INC COM
3,219,906$48.0B133.37%Put
197
OKLOOKLO INC COM CL A
679,900$48.0B133.37%Put
198
TMOTHERMO FISHER SCIENTIFIC INC COM
85,200$48.0B133.37%Put
199
ITBISHARES TR US HOME CONS ETF
505,927$48.0B133.37%Put
200
IBBISHARES TR ISHARES BIOTECH
295,001$48.0B133.37%Put
PreviousPage 2 of 12Next