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	$691.7B	10613.67%	Put
2	NDQINVESCO QQQ TR	2,498,376	$428.8B	6580.80%	Put
3	EFAISHARES TR	5,992,345	$401.3B	6158.22%	Put
4	HYGISHARES TR	4,000,000	$340.3B	5222.34%	Put
5	FXIISHARES TR	6,354,833	$273.1B	4190.33%	Put
6	GOOGALPHABET INC	243,486	$271.6B	4168.51%	Put
7	SPYSPDR S&P 500 ETF TR	868,722	$235.7B	3616.40%	Put
8	METAFACEBOOK INC	1,020,016	$198.2B	3041.59%	Put
9	AMZNAMAZON COM INC	104,449	$177.5B	2724.45%	Put
10	AAPLAPPLE INC	920,499	$170.4B	2614.76%	Put
11	—MICRON TECHNOLOGY INC	87,250,000	$157.3B	2414.49%
12	FXEINVESCO CURRENCYSHARES EURO	950,000	$106.5B	1633.62%	Put
13	MSFTMICROSOFT CORP	1,013,248	$99.9B	1533.26%	Put
14	—SHIRE PLC	528,176	$89.2B	1368.13%	Put
15	—TESLA INC	78,819,000	$87.0B	1334.37%
16	—AETNA INC NEW	447,692	$82.2B	1260.64%	Put
17	—NXP SEMICONDUCTORS N V	63,500,000	$76.6B	1174.75%
18	EEMISHARES TR	1,467,100	$63.6B	975.49%	Put
19	NXPINXP SEMICONDUCTORS N V	575,910	$62.9B	965.67%	Put
20	AABAUSDALTABA INC	831,434	$60.9B	934.06%
21	—HERBALIFE LTD	43,825,000	$56.8B	871.49%
22	—MERCADOLIBRE INC	22,500,000	$53.4B	819.98%
23	—ROCKWELL COLLINS INC	395,471	$53.3B	817.33%
24	—TESLA INC	45,000,000	$50.8B	779.87%
25	—SOLARCITY CORP	41,500,000	$41.2B	632.05%
26	—CAESARS ENTMT CORP	22,500,000	$38.5B	591.38%
27	—WHITING PETE CORP NEW	40,000,000	$38.3B	587.37%
28	—VIPSHOP HLDGS LTD	38,000,000	$37.5B	575.90%
29	—CIENA CORP	25,000,000	$35.3B	542.21%
30	XLFISELECT SECTOR SPDR TR	672,728	$34.7B	531.96%	Call
31	—NAVISTAR INTL CORP NEW	33,050,000	$34.1B	523.94%
32	TSLATESLA INC	98,000	$33.6B	515.74%	Put
33	NVDANVIDIA CORP	133,969	$31.7B	487.03%	Put
34	—MEDICINES CO	30,500,000	$30.8B	472.94%
35	—TWENTY FIRST CENTY FOX INC	591,085	$29.4B	450.71%	Call
36	—XL GROUP LTD	520,317	$29.1B	446.73%	Call
37	DELLDELL TECHNOLOGIES INC	336,000	$28.4B	436.10%	Put
38	XLESELECT SECTOR SPDR TR	370,645	$28.1B	431.91%	Put
39	FEZSPDR INDEX SHS FDS	729,978	$28.0B	429.36%	Put
40	—ENVISION HEALTHCARE CORP	625,709	$27.5B	422.58%	Put
41	—INSULET CORP	18,000,000	$27.4B	420.48%
42	—BARCLAYS BK PLC	731,800	$27.1B	415.51%	Put
43	—TERADYNE INC	20,000,000	$26.7B	409.29%
44	GQ9SPDR GOLD TRUST	223,411	$26.5B	406.78%	Call
45	—VECTREN CORP	370,427	$26.5B	406.15%
46	GOOGLALPHABET INC	23,101	$26.1B	400.30%	Put
47	JCIJOHNSON CTLS INTL PLC	765,178	$25.6B	392.76%	Put
48	VGR V2.5 01/15/19VECTOR GROUP LTD	19,000,000	$25.3B	388.76%
49	—EXPRESS SCRIPTS HLDG CO	310,735	$24.0B	368.17%	Put
50	—PATTERN ENERGY GROUP INC	22,740,000	$22.7B	348.94%
51	—MEDICINES CO	18,500,000	$22.6B	346.35%
52	GEGENERAL ELECTRIC CO	1,614,956	$22.0B	337.29%	Put
53	—PINNACLE FOODS INC DEL	333,617	$21.7B	333.07%
54	—TEVA PHARMACEUTICAL FIN LLC	23,000,000	$21.4B	328.90%
55	—CHESAPEAKE ENERGY CORP	21,000,000	$21.4B	328.30%
56	—CITRIX SYS INC	14,674,000	$21.3B	327.52%
57	—GRANITE PT MTG TR INC	20,500,000	$20.9B	320.66%
58	EPDENTERPRISE PRODS PARTNERS L	755,000	$20.9B	320.58%	Call
59	BABAALIBABA GROUP HLDG LTD	112,400	$20.9B	320.01%	Put
60	MCHP 1.625 02/15/25MICROCHIP TECHNOLOGY INC	11,500,000	$20.1B	308.35%
61	RWT 4.75 08/15/23REDWOOD TR INC	20,000,000	$19.4B	298.34%
62	DPZDOMINOS PIZZA INC	66,900	$18.9B	289.69%	Put
63	TAT&T INC	574,720	$18.5B	283.18%	Put
64	—ORBOTECH LTD	289,042	$17.9B	274.11%
65	—ACORDA THERAPEUTICS INC	18,373,000	$17.8B	273.88%
66	—MEDIDATA SOLUTIONS INC	12,500,000	$17.4B	267.41%
67	CICIGNA CORPORATION	101,381	$17.2B	264.40%	Put
68	NKENIKE INC	203,768	$16.2B	249.15%	Put
69	SLBSCHLUMBERGER LTD	239,525	$16.1B	246.37%	Put
70	—CLEVELAND CLIFFS INC	13,000,000	$16.0B	245.51%
71	—IRONWOOD PHARMACEUTICALS INC	12,000,000	$16.0B	245.13%
72	—UNISYS CORP	10,500,000	$15.8B	242.53%
73	JPMJPMORGAN CHASE & CO	151,256	$15.8B	241.86%	Put
74	SYMCEURSYMANTEC CORP	759,900	$15.7B	240.80%	Call
75	CELGCELGENE CORP	189,830	$15.1B	231.36%	Put
76	XOMEXXON MOBIL CORP	181,257	$15.0B	230.12%	Put
77	JNJJOHNSON & JOHNSON	122,770	$14.9B	228.60%	Put
78	—GOLAR LNG LTD	13,245,000	$14.5B	222.75%
79	EXASEXACT SCIENCES CORP	12,500,000	$13.2B	202.22%
80	—NUVASIVE INC	12,000,000	$13.0B	200.00%
81	CUCAAVIS BUDGET GROUP	383,097	$12.5B	191.07%	Put
82	INTCINTEL CORP	248,502	$12.4B	189.56%	Put
83	PGPROCTER AND GAMBLE CO	155,681	$12.2B	186.48%	Put
84	TRVCCITIGROUP INC	175,968	$11.8B	180.69%	Put
85	IBMINTERNATIONAL BUSINESS MACHS	83,164	$11.6B	178.30%	Put
86	CSCOCISCO SYS INC	266,840	$11.5B	176.20%	Put
87	—CIENA CORP	8,510,000	$11.3B	173.11%
88	BACBANK AMER CORP	399,528	$11.3B	172.83%	Put
89	—NAVISTAR INTL CORP NEW	11,000,000	$11.1B	170.00%
90	TLTISHARES TR	89,821	$10.9B	167.77%	Call
91	—BIOMARIN PHARMACEUTICAL INC	10,000,000	$10.6B	163.00%
92	TRCOTRIBUNE MEDIA CO	269,812	$10.3B	158.46%
93	VVISA INC	76,444	$10.1B	155.37%	Put
94	—WEATHERFORD INTL LTD	9,500,000	$9.4B	143.83%
95	—BLACKSTONE MTG TR INC	9,500,000	$9.4B	143.65%
96	CVXCHEVRON CORP NEW	74,032	$9.4B	143.63%	Put
97	CFCF INDS HLDGS INC	209,842	$9.3B	142.97%	Put
98	USX1UNITED STATES STL CORP NEW	265,092	$9.2B	141.35%	Put
99	GSGOLDMAN SACHS GROUP INC	40,785	$9.0B	138.05%	Put
100	—MICROCHIP TECHNOLOGY INC	7,500,000	$8.9B	137.23%

Page 1 of 4Next