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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 2 of 16  ·  307 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 EXPD EXPEDITORS INTL WASH INC COM Industrials 130,456.0 $18.7M 0.08% NEW $143.23 +10.6%
22 DOW DOW HLDGS INC COM Basic Materials 447,007.0 $18.6M 0.08% NEW $41.65 -13.5%
23 SMH VANECK ETF TRUST SEMICONDUCTR ETF 48,075.0 $18.4M 0.08% NEW $383.40 +50.3%
24 DASH DOORDASH INC CL A Communication Services 104,539.0 $15.7M 0.07% NEW $150.15 +6.7%
25 ELV ELEVANCE HEALTH INC FORMERLY COM Healthcare 52,982.0 $15.5M 0.07% NEW $292.75 +34.8%
26 AGI ALAMOS GOLD INC COM CL A Basic Materials 338,629.0 $15.0M 0.07% NEW $44.43 -13.7%
27 KMB KIMBERLY-CLARK CORP COM Consumer Defensive 138,469.0 $13.4M 0.06% NEW $96.47 +2.8%
28 NXPI NXP SEMICONDUCTORS N V COM Technology 67,235.0 $13.2M 0.06% NEW $196.86 +60.8%
29 TPR TAPESTRY INC COM Consumer Cyclical 83,713.0 $11.8M 0.05% NEW $141.11 -1.9%
30 PNW PINNACLE WEST CAP CORP COM Utilities 117,108.0 $11.8M 0.05% NEW $100.75 +2.2%
31 IAG IAMGOLD CORP COM Basic Materials 596,219.0 $11.2M 0.05% NEW $18.82 -12.2%
32 CCJ CAMECO CORP COM Energy 102,046.0 $11.1M 0.05% NEW $108.61 -3.6%
33 BLK BLACKROCK INC COM Financial Services 11,357.0 $10.9M 0.05% NEW $961.71 +11.6%
34 TMO THERMO FISHER SCIENTIFIC INC COM Healthcare 22,205.0 $10.9M 0.05% NEW $491.53 -8.8%
35 EVEREST GROUP LTD COM 33,386.0 $10.9M 0.05% NEW $326.85
36 IONS IONIS PHARMACEUTICALS INC COM Healthcare 142,201.0 $10.7M 0.05% NEW $75.09 +0.6%
37 OPEN OPENDOOR TECHNOLOGIES INC COM Real Estate 2,251,125.0 $10.5M 0.05% NEW $4.68 -3.2%
38 WMB WILLIAMS COS INC COM Energy 143,309.0 $10.4M 0.05% NEW $72.78 +7.8%
39 ASTRAZENECA PLC SPONSORED ADR 51,161.0 $10.1M 0.05% NEW $197.22
40 HSY HERSHEY CO COM Consumer Defensive 46,101.0 $9.6M 0.04% NEW $207.89 -6.3%
Page 2 of 16  ·  307 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

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%