CAPSTONE INVESTMENT ADVISORS, LLC Q3 2018 Filing

Filed November 14, 2018

Portfolio Value

$8.8B

Holdings

567

Report Date

Q3 2018

Filing Type

13F-HR

All Holdings (567 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	NDQINVESCO QQQ TR	3,271,919	$607.9M	6.94%	Put
2	IWMISHARES TR	3,321,500	$559.8M	6.39%	Put
3	EFAISHARES TR	8,191,952	$557.0M	6.36%	Put
4	HYGISHARES TR	6,250,000	$540.3M	6.17%	Put
5	EEMISHARES TR	9,506,623	$408.0M	4.66%	Put
6	AMZNAMAZON COM INC	180,921	$362.4M	4.14%	Put
7	FXIISHARES TR	7,549,798	$323.3M	3.69%	Put
8	TSLATESLA INC	961,400	$254.6M	2.90%	Put
9	AAPLAPPLE INC	905,208	$204.3M	2.33%	Put
10	SPYSPDR S&P 500 ETF TR	643,447	$187.1M	2.13%	Put
11	MSFTMICROSOFT CORP	1,287,449	$147.2M	1.68%	Put
12	GOOGALPHABET INC	113,202	$135.1M	1.54%	Put
13	—SHIRE PLC	607,211	$110.1M	1.26%	Put
14	SOSOUTHERN CO	2,435,386	$106.2M	1.21%	Put
15	METAFACEBOOK INC	562,337	$92.5M	1.06%	Put
16	WMTWALMART INC	745,672	$70.0M	0.80%	Put
17	—TESLA INC	67,500,000	$67.1M	0.77%
18	UALUNITED CONTL HLDGS INC	750,805	$66.9M	0.76%	Put
19	—HERBALIFE LTD	50,000,000	$65.2M	0.74%
20	—YAHOO INC	50,410,000	$64.2M	0.73%
21	—TESLA INC	55,000,000	$52.7M	0.60%
22	IBMINTERNATIONAL BUSINESS MACHS	348,706	$52.7M	0.60%	Put
23	—TWENTY FIRST CENTY FOX INC	1,121,150	$51.9M	0.59%	Put
24	—AETNA INC NEW	241,912	$49.1M	0.56%	Put
25	—ROCKWELL COLLINS INC	320,693	$45.0M	0.51%	Put
26	IBBISHARES TR	350,000	$42.7M	0.49%	Call
27	GEGENERAL ELECTRIC CO	3,751,570	$42.4M	0.48%	Put
28	DELLDELL TECHNOLOGIES INC	425,800	$41.4M	0.47%	Put
29	JNJJOHNSON & JOHNSON	288,409	$39.8M	0.45%	Put
30	—CIENA CORP	25,000,000	$39.7M	0.45%
31	EPDENTERPRISE PRODS PARTNERS L	1,368,000	$39.3M	0.45%	Put
32	—WHITING PETE CORP NEW	40,000,000	$38.5M	0.44%
33	BRK/BBERKSHIRE HATHAWAY INC DEL	177,700	$38.0M	0.43%	Put
34	JPMJPMORGAN CHASE & CO	336,367	$38.0M	0.43%	Put
35	GOOGLALPHABET INC	31,119	$37.6M	0.43%	Put
36	NVDANVIDIA CORP	130,052	$36.5M	0.42%	Put
37	—RESTORATION HARDWARE HLDGS I	30,000,000	$36.3M	0.41%
38	—VIPSHOP HLDGS LTD	35,000,000	$34.4M	0.39%
39	—SOLARCITY CORP	32,500,000	$32.1M	0.37%
40	NFLXNETFLIX INC	84,572	$31.6M	0.36%	Put
41	—RESTORATION HARDWARE HLDGS I	25,000,000	$31.0M	0.35%
42	XOMEXXON MOBIL CORP	362,160	$30.8M	0.35%	Put
43	HBC2HSBC HLDGS PLC	682,613	$30.0M	0.34%	Put
44	—MEDICINES CO	32,386,000	$29.5M	0.34%
45	BACBANK AMER CORP	981,905	$28.9M	0.33%	Put
46	INTCINTEL CORP	604,183	$28.6M	0.33%	Put
47	VVISA INC	186,616	$28.0M	0.32%	Put
48	—TERADYNE INC	21,500,000	$28.0M	0.32%
49	—CAESARS ENTMT CORP	17,000,000	$27.7M	0.32%
50	TAT&T INC	780,913	$26.2M	0.30%	Put
51	LLYLILLY ELI & CO	244,000	$26.2M	0.30%	Put
52	—NXP SEMICONDUCTORS N V	25,000,000	$26.1M	0.30%
53	—INSULET CORP	14,000,000	$25.7M	0.29%
54	—NAVISTAR INTL CORP NEW	25,050,000	$25.4M	0.29%
55	CVXCHEVRON CORP NEW	207,762	$25.4M	0.29%	Put
56	—MEDICINES CO	23,500,000	$25.3M	0.29%
57	—PATTERN ENERGY GROUP INC	25,000,000	$25.1M	0.29%
58	PGPROCTER AND GAMBLE CO	296,998	$24.7M	0.28%	Put
59	—CLEVELAND CLIFFS INC	14,998,000	$24.6M	0.28%
60	—DUN & BRADSTREET CORP DEL NE	170,069	$24.2M	0.28%
61	UNHUNITEDHEALTH GROUP INC	90,500	$24.1M	0.27%	Put
62	CSCOCISCO SYS INC	494,355	$24.1M	0.27%	Put
63	GQ9SPDR GOLD TRUST	205,520	$23.2M	0.26%	Put
64	FEZSPDR INDEX SHS FDS	600,000	$23.0M	0.26%	Put
65	HDHOME DEPOT INC	110,200	$22.8M	0.26%	Put
66	—CITRIX SYS INC	14,674,000	$22.6M	0.26%
67	AIMCUSDALTRA INDL MOTION CORP	542,500	$22.4M	0.26%	Put
68	—TWO HBRS INVT CORP	21,500,000	$22.2M	0.25%
69	PFEPFIZER INC	500,315	$22.0M	0.25%	Put
70	TRVCCITIGROUP INC	304,799	$21.9M	0.25%	Put
71	BACVERIZON COMMUNICATIONS INC	399,825	$21.3M	0.24%	Put
72	BABOEING CO	57,394	$21.3M	0.24%	Put
73	—GRANITE PT MTG TR INC	20,500,000	$21.3M	0.24%
74	—INTREXON CORP	17,500,000	$20.9M	0.24%
75	—PINNACLE FOODS INC DEL	319,192	$20.7M	0.24%
76	VGR V2.5 01/15/19VECTOR GROUP LTD	19,000,000	$20.5M	0.23%
77	EIXEDISON INTL	300,428	$20.3M	0.23%	Put
78	4I1PHILIP MORRIS INTL INC	246,303	$20.1M	0.23%	Put
79	—CTRIP COM INTL LTD	19,967,000	$20.0M	0.23%
80	—CHESAPEAKE ENERGY CORP	20,000,000	$19.8M	0.23%
81	—BARCLAYS BK PLC	729,200	$19.4M	0.22%	Put
82	GLWCORNING INC	549,521	$19.4M	0.22%	Put
83	WFCWELLS FARGO CO NEW	367,961	$19.3M	0.22%	Put
84	CATCATERPILLAR INC DEL	126,496	$19.3M	0.22%	Put
85	7HPHP INC	731,160	$18.8M	0.22%	Put
86	DISDISNEY WALT CO	159,873	$18.7M	0.21%	Put
87	MAMASTERCARD INCORPORATED	83,300	$18.5M	0.21%	Put
88	—BIOMARIN PHARMACEUTICAL INC	17,000,000	$17.6M	0.20%
89	MCHP 1.625 02/15/25MICROCHIP TECHNOLOGY INC	11,500,000	$17.4M	0.20%
90	—EXPRESS SCRIPTS HLDG CO	181,769	$17.3M	0.20%	Put
91	CMCSACOMCAST CORP NEW	475,385	$16.8M	0.19%	Put
92	ABBVABBVIE INC	175,678	$16.6M	0.19%	Put
93	MUMICRON TECHNOLOGY INC	365,014	$16.5M	0.19%	Put
94	RWT 4.75 08/15/23REDWOOD TR INC	17,159,000	$16.5M	0.19%
95	BKNGBOOKING HLDGS INC	8,294	$16.5M	0.19%	Put
96	MRKMERCK & CO INC	230,521	$16.4M	0.19%	Put
97	KOCOCA COLA CO	352,520	$16.3M	0.19%	Put
98	CCOCAMECO CORP	1,400,000	$16.0M	0.18%	Put
99	—IRONWOOD PHARMACEUTICALS INC	12,000,000	$15.6M	0.18%
100	—UNISYS CORP	7,000,000	$15.4M	0.18%

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