Portfolio (Quarterly) Guide ↗

CAPITAL FUND MANAGEMENT S.A.

· CIK 0001323645

13F Portfolio $22.1B AUM 2,005 positions Filed May 14, 2026 EDGAR ↗ ← All Funds

Q1 2026 Q4 2025 · All 307 New 465 Added 1227 Reduced 627 Exited

Page 1 of 32 · 627 positions

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#	Ticker	Company	Sector	Shares	Value ↓	% Port	Status
1	NVDA	NVIDIA CORPORATION COM	Technology	1,451,529	$270.7M	0.75%	SOLD
2	NFLX	NETFLIX INC COM	Communication Services	906,340	$85.0M	0.24%	SOLD
3	SPY	SPDR S&P 500 ETF TR TR UNIT	Financial Services	86,500	$59.0M	0.16%	SOLD
4	ARM	ARM HOLDINGS PLC SPONSORED ADS	Technology	454,683	$49.7M	0.14%	SOLD
5	FISV	FISERV INC COM	Technology	695,098	$46.7M	0.13%	SOLD
6	WFC	WELLS FARGO CO NEW COM	Financial Services	476,651	$44.4M	0.12%	SOLD
7	ICE	INTERCONTINENTAL EXCHANGE IN COM	Financial Services	251,351	$40.7M	0.11%	SOLD
8	COHR	COHERENT CORP COM	Technology	148,503	$27.4M	0.08%	SOLD
9	VLO	VALERO ENERGY CORP COM	Energy	167,456	$27.3M	0.08%	SOLD
10	—	ETSY INC COM	—	447,601	$24.8M	0.07%	SOLD
11	ETN CALL	EATON CORP PLC SHS	Industrials	71,200	$22.7M	0.06%	SOLD
12	EWZ	ISHARES INC MSCI BRAZIL ETF	—	679,231	$21.6M	0.06%	SOLD
13	MS	MORGAN STANLEY COM NEW	Financial Services	114,545	$20.3M	0.06%	SOLD
14	BLK PUT	BLACKROCK INC COM	Financial Services	18,200	$19.5M	0.05%	SOLD
15	MARA	MARA HOLDINGS INC COM	Financial Services	2,029,994	$18.2M	0.05%	SOLD
16	CB CALL	CHUBB LIMITED COM	Financial Services	56,900	$17.8M	0.05%	SOLD
17	XLB PUT	SELECT SECTOR SPDR TR STATE STREET MAT	—	384,400	$17.4M	0.05%	SOLD
18	DVN CALL	DEVON ENERGY CORP NEW COM	Energy	451,000	$16.5M	0.05%	SOLD
19	DPZ CALL	DOMINOS PIZZA INC COM	Consumer Cyclical	39,000	$16.3M	0.04%	SOLD
20	PATH	UIPATH INC CL A	Technology	976,265	$16.0M	0.04%	SOLD

Page 1 of 32 · 627 positions

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Sector Allocation

Technology 26.1%

Industrials 12.9%

Healthcare 12.5%

Consumer Cyclical 11.5%

Financial Services 11.2%

Energy 7.1%

Basic Materials 5.9%

Utilities 4.5%

Consumer Defensive 4.0%

Communication Services 3.2%