CAPSTONE INVESTMENT ADVISORS, LLC Q4 2018 Filing

Filed February 14, 2019

Portfolio Value

$8.1B

Holdings

551

Report Date

Q4 2018

Filing Type

13F-HR

All Holdings (551 positions)

#	Stock	Shares	Value	% Portfolio	Type
1	SPYSPDR S&P 500 ETF TR	3,460,723	$864.9M	10.68%	Put
2	NDQINVESCO QQQ TR	3,180,829	$490.7M	6.06%	Put
3	HYGISHARES TR	5,500,800	$446.1M	5.51%	Put
4	EFAISHARES TR	7,302,823	$429.3M	5.30%	Put
5	FXIISHARES TR	9,183,572	$358.9M	4.43%	Put
6	AMZNAMAZON COM INC	202,664	$304.4M	3.76%	Put
7	EEMISHARES TR	7,290,563	$284.8M	3.52%	Put
8	IWMISHARES TR	1,445,601	$193.6M	2.39%	Put
9	AAPLAPPLE INC	1,204,485	$190.0M	2.35%	Put
10	MSFTMICROSOFT CORP	1,539,962	$156.4M	1.93%	Put
11	GOOGALPHABET INC	101,431	$105.0M	1.30%	Put
12	METAFACEBOOK INC	755,387	$99.0M	1.22%	Put
13	—TWENTY FIRST CENTY FOX INC	1,820,433	$87.6M	1.08%	Put
14	TSLATESLA INC	262,100	$87.2M	1.08%	Put
15	—HERBALIFE LTD	57,500,000	$79.4M	0.98%
16	—TESLA INC	66,500,000	$69.3M	0.86%
17	INTCINTEL CORP	1,349,034	$63.3M	0.78%	Put
18	—TESLA INC	50,000,000	$56.3M	0.69%
19	IYRISHARES TR	746,021	$55.9M	0.69%	Put
20	IEFISHARES TR	500,000	$52.1M	0.64%	Put
21	JPMJPMORGAN CHASE & CO	514,282	$50.2M	0.62%	Put
22	JNJJOHNSON & JOHNSON	357,756	$46.2M	0.57%	Put
23	KOCOCA COLA CO	957,866	$45.4M	0.56%	Put
24	—RESTORATION HARDWARE HLDGS I	40,000,000	$44.8M	0.55%
25	—WHITING PETE CORP NEW	44,800,000	$42.5M	0.52%
26	BRK/BBERKSHIRE HATHAWAY INC DEL	207,819	$42.4M	0.52%	Put
27	GOOGLALPHABET INC	40,557	$42.4M	0.52%	Put
28	BACBANK AMER CORP	1,707,256	$42.1M	0.52%	Put
29	—NAVISTAR INTL CORP NEW	41,050,000	$41.0M	0.51%
30	—CAESARS ENTMT CORP	32,500,000	$40.4M	0.50%
31	RHT1EURRED HAT INC	220,645	$38.8M	0.48%	Put
32	PGPROCTER AND GAMBLE CO	407,632	$37.5M	0.46%	Put
33	—SHIRE PLC	207,197	$36.1M	0.45%
34	UNHUNITEDHEALTH GROUP INC	143,900	$35.8M	0.44%	Put
35	XOMEXXON MOBIL CORP	521,766	$35.6M	0.44%	Put
36	—VIPSHOP HLDGS LTD	35,000,000	$34.6M	0.43%
37	PFEPFIZER INC	784,700	$34.3M	0.42%	Put
38	CVXCHEVRON CORP NEW	301,425	$32.8M	0.40%	Put
39	VVISA INC	248,513	$32.8M	0.40%	Put
40	BABOEING CO	99,953	$32.2M	0.40%	Put
41	MRKMERCK & CO INC	418,600	$32.0M	0.39%	Put
42	LLYLILLY ELI & CO	274,200	$31.7M	0.39%	Put
43	TAT&T INC	1,102,847	$31.5M	0.39%	Put
44	CATCATERPILLAR INC DEL	243,052	$30.9M	0.38%	Put
45	BACVERIZON COMMUNICATIONS INC	540,897	$30.4M	0.38%	Put
46	CSCOCISCO SYS INC	694,100	$30.1M	0.37%	Put
47	AABAUSDALTABA INC	501,788	$29.1M	0.36%
48	UTXZUNITED TECHNOLOGIES CORP	268,578	$28.6M	0.35%	Put
49	—NXP SEMICONDUCTORS N V	28,000,000	$28.1M	0.35%
50	WFCWELLS FARGO CO NEW	603,605	$27.8M	0.34%	Put
51	TRVCCITIGROUP INC	517,676	$26.9M	0.33%	Put
52	—MEDICINES CO	35,500,000	$26.9M	0.33%
53	HDHOME DEPOT INC	156,676	$26.9M	0.33%	Put
54	SBUXSTARBUCKS CORP	408,064	$26.3M	0.32%	Put
55	LINLINDE PLC	166,900	$26.0M	0.32%	Put
56	—RESTORATION HARDWARE HLDGS I	22,000,000	$25.6M	0.32%
57	NFLXNETFLIX INC	95,150	$25.5M	0.31%	Put
58	DISDISNEY WALT CO	228,573	$25.1M	0.31%	Put
59	—PATTERN ENERGY GROUP INC	25,000,000	$24.7M	0.30%
60	MAMASTERCARD INCORPORATED	130,329	$24.6M	0.30%	Put
61	—INSULET CORP	17,000,000	$24.1M	0.30%
62	BKNGBOOKING HLDGS INC	13,959	$24.0M	0.30%	Put
63	NVDANVIDIA CORP	176,450	$23.6M	0.29%	Put
64	—MEDICINES CO	27,000,000	$23.3M	0.29%
65	QCOMQUALCOMM INC	402,599	$22.9M	0.28%	Put
66	GEGENERAL ELECTRIC CO	2,907,881	$22.0M	0.27%	Put
67	WMTWALMART INC	225,355	$21.0M	0.26%	Put
68	—CITRIX SYS INC	14,674,000	$20.9M	0.26%
69	XYZSQUARE INC	368,335	$20.7M	0.26%	Put
70	CMCSACOMCAST CORP NEW	603,206	$20.5M	0.25%	Put
71	IBMINTERNATIONAL BUSINESS MACHS	177,391	$20.2M	0.25%	Put
72	AMTAMERICAN TOWER CORP NEW	124,327	$19.7M	0.24%	Put
73	—DOWDUPONT INC	365,873	$19.6M	0.24%	Put
74	—ATHENAHEALTH INC	147,360	$19.4M	0.24%
75	AVGOBROADCOM INC	74,987	$19.1M	0.24%	Put
76	MOALTRIA GROUP INC	376,311	$18.6M	0.23%	Put
77	PEPPEPSICO INC	167,222	$18.5M	0.23%	Put
78	ABBVABBVIE INC	199,792	$18.4M	0.23%	Put
79	AMGNAMGEN INC	94,400	$18.4M	0.23%	Put
80	HONHONEYWELL INTL INC	137,561	$18.2M	0.22%	Put
81	KRKROGER CO	649,919	$17.9M	0.22%	Put
82	ORCLORACLE CORP	390,605	$17.6M	0.22%	Put
83	RWT 4.75 08/15/23REDWOOD TR INC	19,159,000	$17.6M	0.22%
84	MMM3M CO	92,281	$17.6M	0.22%	Put
85	MCDMCDONALDS CORP	97,626	$17.3M	0.21%	Put
86	UNPUNION PAC CORP	122,009	$16.9M	0.21%	Put
87	SOSOUTHERN CO	383,200	$16.8M	0.21%	Put
88	CICIGNA CORP NEW	86,454	$16.4M	0.20%	Put
89	—GOLAR LNG LTD	17,500,000	$16.2M	0.20%
90	4I1PHILIP MORRIS INTL INC	236,681	$15.8M	0.20%	Put
91	CRMSALESFORCE COM INC	114,800	$15.7M	0.19%	Put
92	BMYBRISTOL MYERS SQUIBB CO	298,674	$15.5M	0.19%	Put
93	PYPLPAYPAL HLDGS INC	184,100	$15.5M	0.19%	Put
94	GLWCORNING INC	510,128	$15.4M	0.19%	Put
95	MDTMEDTRONIC PLC	167,100	$15.2M	0.19%	Put
96	ADBEADOBE INC	66,787	$15.1M	0.19%	Put
97	LUVSOUTHWEST AIRLS CO	317,277	$14.7M	0.18%	Put
98	—IRONWOOD PHARMACEUTICALS INC	15,500,000	$14.6M	0.18%
99	COSTCOSTCO WHSL CORP NEW	71,412	$14.5M	0.18%	Put
100	TXNTEXAS INSTRS INC	153,383	$14.5M	0.18%	Put

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