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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 3 of 62  ·  1,227 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 XBI PUT SPDR SERIES TRUST STATE STREET SPD 354,500.0 $45.3M 0.20% -221K -38.4% $127.73 +3.1%
42 C PUT CITIGROUP INC COM NEW Financial Services 395,600.0 $44.9M 0.20% -478K -54.7% $113.41 +10.3%
43 AVGO CALL BROADCOM INC COM Technology 144,900.0 $44.8M 0.20% -155K -51.6% $309.51 +33.8%
44 AMD CALL ADVANCED MICRO DEVICES INC COM Technology 219,900.0 $44.7M 0.20% -247K -52.9% $203.43 +129.8%
45 PM PHILIP MORRIS INTL INC COM Consumer Defensive 267,993.0 $44.3M 0.20% -382K -58.8% $165.34 +14.3%
46 XLF PUT SELECT SECTOR SPDR TR STATE STREET FIN 896,600.0 $44.3M 0.20% -30K -3.2% $49.37 +5.2%
47 NOW SERVICENOW INC COM Technology 421,251.0 $44.0M 0.20% -102K -19.5% $104.55 -2.3%
48 NFLX PUT NETFLIX INC. COM Communication Services 456,500.0 $43.9M 0.20% -283K -38.2% $96.15 -7.9%
49 TSM CALL TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS Technology 127,900.0 $43.2M 0.20% -248K -66.0% $337.95 +19.7%
50 KRE PUT SPDR SERIES TRUST STATE STREET SPD 661,700.0 $43.1M 0.20% -994K -60.0% $65.15 +6.5%
51 SPOT SPOTIFY TECHNOLOGY S A SHS Communication Services 88,502.0 $42.9M 0.19% -10K -10.5% $484.91 +7.2%
52 BTI BRITISH AMERN TOB PLC SPONSORED ADR Consumer Defensive 727,249.0 $42.5M 0.19% -112K -13.4% $58.47 +11.8%
53 UNH PUT UNITEDHEALTH GROUP INC COM Healthcare 155,400.0 $42.0M 0.19% -112K -41.9% $270.59 +43.6%
54 FXI PUT ISHARES TR CHINA LG-CAP ETF 1,165,000.0 $41.8M 0.19% -23K -2.0% $35.90 -1.1%
55 NVDA PUT NVIDIA CORPORATION COM Technology 239,600.0 $41.8M 0.19% -600K -71.5% $174.40 +23.5%
56 GOOGL CALL ALPHABET INC CAP STK CL A Communication Services 139,700.0 $40.2M 0.18% -228K -62.0% $287.56 +33.2%
57 CAT PUT CATERPILLAR INC COM Industrials 56,300.0 $39.9M 0.18% -66K -54.0% $708.46 +24.2%
58 CTAS CINTAS CORP COM Industrials 235,398.0 $39.8M 0.18% -2K -1.0% $169.14 +2.2%
59 XLV SELECT SECTOR SPDR TR STATE STREET HEA 267,734.0 $39.3M 0.18% -253K -48.6% $146.61 +2.2%
60 GS CALL GOLDMAN SACHS GROUP INC COM Financial Services 44,500.0 $37.6M 0.17% -72K -61.7% $845.99 +17.8%
Page 3 of 62  ·  1,227 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%