Arkolith/Funds/Capital Fund Management S.A.

Capital Fund Management S.A.

CIK 1323645Quant / multi-strat
Holdings as of Mar 31, 2026·disclosed May 14, 2026·~44-day 13F lag·13F-HR
Active Filer

Capital Fund Management S.A. holds a diversified book of 833 stocks worth $11.2B as of Q1 2026 (disclosed May 14, 2026, a ~45-day 13F lag). This quarter they opened Microsoft Corp and trimmed Taiwan Semiconductor-SP ADR. Their largest long position is Apple Inc at 2% of the equity book. They also disclosed $5.5B in put options (a bearish bet) and $5.4B in call options (bullish), shown separately below and excluded from the equity book.

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Use Arkolith to show CAPITAL FUND MANAGEMENT S.A.'s latest
holdings, largest changes, and filing provenance.
Opened
234
new positions
Added to
295
existing
Trimmed
304
reduced
Sold out
136
exited

Concentration

Top-heavy: diversified book

Top 5 holdings
11%
Top 10 holdings
17%
Top 20 holdings
26%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

97% mapped to company sectors

Information Technology
28%
Industrials
13%
Financials
13%
Health Care
11%
Consumer Discretionary
8%
Materials
8%
Energy
6%
Utilities
4%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

833 positions
#SecurityValueShares% PortLast moveHistory
1Apple Inc Com
APPLE INC COM
$279.2M1.10M
2.5%
+29%
Added · +249K sh
2Microsoft Corp Com
MICROSOFT CORP COM
$253.8M685.7K
2.3%
New
New position
3Tesla Inc Com
TESLA INC COM
$246.6M663.4K
2.2%
+23%
Added · +122K sh
4Chevron Corporation Com
CHEVRON CORPORATION COM
$219.9M1.06M
2.0%
+28%
Added · +233K sh
5Amazon Com Inc Com
AMAZON COM INC COM
$181.8M872.7K
1.6%
+102%
Added · +441K sh
6Taiwan Semiconductor Manufac Sponsored Ads
TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS
$179.0M529.7K
1.6%
−25%
Reduced · −177K sh
7Eli Lilly & Co Com
ELI LILLY & CO COM
$174.3M189.6K
1.6%
New
New position
8Micron Technology Inc Com
MICRON TECHNOLOGY INC COM
$141.7M419.4K
1.3%
+39%
Added · +119K sh
9Ge Aerospace Com New
GE AEROSPACE COM NEW
$138.1M486.6K
1.2%
+20%
Added · +82K sh
10Berkshire Hathaway Inc Del CL B New
BERKSHIRE HATHAWAY INC DEL CL B NEW
$127.7M266.5K
1.1%
+63%
Added · +103K sh
11Citigroup Inc Com New
CITIGROUP INC COM NEW
$126.2M1.11M
1.1%
+93%
Added · +537K sh
12Sandisk Corp Com
SANDISK CORP COM
$121.4M191.0K
1.1%
New
New position
13Booking Holdings Inc Com
BOOKING HOLDINGS INC COM
$111.5M26.5K
1.0%
+22%
Added · +5K sh
14Boston Scientific Corp Com
BOSTON SCIENTIFIC CORP COM
$104.5M1.67M
0.9%
+45%
Added · +514K sh
15Altria Group Inc Com
ALTRIA GROUP INC COM
$99.7M1.51M
0.9%
−11%
Reduced · −196K sh
16Palantir Technologies Inc CL A
PALANTIR TECHNOLOGIES INC CL A
$95.7M654.5K
0.9%
New
New position
17Lam Research Corp Com New
LAM RESEARCH CORP COM NEW
$88.3M413.3K
0.8%
+26%
Added · +85K sh
18American Intl Group Inc Com New
AMERICAN INTL GROUP INC COM NEW
$85.3M1.13M
0.8%
+99%
Added · +563K sh
19RTX Corporation Com
RTX CORPORATION COM
$83.8M434.4K
0.8%
−9.2%
Reduced · −44K sh
20Devon Energy Corp New Com
DEVON ENERGY CORP NEW COM
$83.7M1.66M
0.7%
+57%
Added · +605K sh
21ASML Hldg NV N Y Registry SHS
ASML HLDG NV N Y REGISTRY SHS
$82.8M62.7K
0.7%
+130%
Added · +35K sh
22Adobe Inc Com
ADOBE INC COM
$82.3M338.4K
0.7%
+109%
Added · +176K sh
23Newmont Corp Com
NEWMONT CORP COM
$80.2M740.7K
0.7%
+664%
Added · +644K sh
24Robinhood MKTS Inc Com CL A
ROBINHOOD MKTS INC COM CL A
$80.1M1.16M
0.7%
+443%
Added · +942K sh
25Airbnb Inc Com CL A
AIRBNB INC COM CL A
$70.4M557.6K
0.6%
−17%
Reduced · −118K sh
26Ge Vernova Inc Com
GE VERNOVA INC COM
$69.9M80.1K
0.6%
−47%
Reduced · −72K sh
27Albemarle Corp Com
ALBEMARLE CORP COM
$66.8M372.3K
0.6%
−15%
Reduced · −68K sh
28Bloom Energy Corp Com CL A
BLOOM ENERGY CORP COM CL A
$66.4M490.4K
0.6%
+524%
Added · +412K sh
29McDonalds Corp Com
MCDONALDS CORP COM
$66.1M212.6K
0.6%
+21%
Added · +37K sh
30Intuitive Surgical Inc Com New
INTUITIVE SURGICAL INC COM NEW
$66.0M143.2K
0.6%
+95%
Added · +70K sh
31Uber Technologies Inc Com
UBER TECHNOLOGIES INC COM
$65.9M916.0K
0.6%
New
New position
32Marvell Technology Inc Com
MARVELL TECHNOLOGY INC COM
$65.2M658.4K
0.6%
+785%
Added · +584K sh
33Te Connectivity PLC Ord SHS
TE CONNECTIVITY PLC ORD SHS
$61.5M294.0K
0.6%
+151%
Added · +177K sh
34T-Mobile US Inc Com
T-MOBILE US INC COM
$60.3M286.9K
0.5%
+211%
Added · +195K sh
35JPMorgan Chase & Co Com
JPMORGAN CHASE & CO COM
$58.5M198.9K
0.5%
−28%
Reduced · −76K sh
36Southern Co Com
SOUTHERN CO COM
$57.7M597.7K
0.5%
+81%
Added · +268K sh
37Exxon Mobil Corp Com
EXXON MOBIL CORP COM
$57.4M338.4K
0.5%
−20%
Reduced · −82K sh
38Caterpillar Inc Com
CATERPILLAR INC COM
$57.0M80.4K
0.5%
+43%
Added · +24K sh
393M Co Com
3M CO COM
$56.7M390.2K
0.5%
+64%
Added · +153K sh
40Advanced Micro Devices Inc Com
ADVANCED MICRO DEVICES INC COM
$56.6M278.0K
0.5%
−42%
Reduced · −202K sh
41Marsh & McLennan Cos Inc Com
MARSH & MCLENNAN COS INC COM
$56.0M323.0K
0.5%
+145%
Added · +191K sh
42Vertex Pharmaceuticals Inc Com
VERTEX PHARMACEUTICALS INC COM
$54.9M122.9K
0.5%
New
New position
43Agnico Eagle Mines Ltd Com
AGNICO EAGLE MINES LTD COM
$54.0M265.9K
0.5%
−8.7%
Reduced · −25K sh
44Coca Cola Co Com
COCA COLA CO COM
$53.7M705.9K
0.5%
New
New position
45McKesson Corp Com
MCKESSON CORP COM
$52.6M60.8K
0.5%
New
New position
46Stryker Corporation Com
STRYKER CORPORATION COM
$52.4M159.4K
0.5%
+33%
Added · +40K sh
47Meta Platforms Inc CL A
META PLATFORMS INC CL A
$50.9M89.0K
0.5%
+13%
Added · +10K sh
48Howmet Aerospace Inc Com
HOWMET AEROSPACE INC COM
$50.7M219.9K
0.5%
+83%
Added · +99K sh
49Humana Inc Com
HUMANA INC COM
$50.5M291.3K
0.5%
+128%
Added · +163K sh
50American Elec PWR Co Inc Com
AMERICAN ELEC PWR CO INC COM
$50.3M383.4K
0.4%
+17%
Added · +55K sh
Showing 50 of 833 positions

Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$5.5B
Call notional (bullish)$5.4B
TypeUnderlyingNotional valueUnderlying shares
PUT · bearishMICRON TECHNOLOGY INCMU$235.5M697K
CALL · bullishTESLA INCTSLA$152.0M409K
PUT · bearishTAIWAN SEMICONDUCTOR-SP ADRTSM$105.3M312K
CALL · bullishAPPLE INCAAPL$101.7M401K
CALL · bullishSS FINANCIAL SELECT SECTORXLF$98.6M2.0M
CALL · bullishMICRON TECHNOLOGY INCMU$87.5M259K
CALL · bullishMETA PLATFORMS INC-CLASS AMETA$83.0M145K
CALL · bullishMICROSOFT CORPMSFT$81.1M219K
PUT · bearishAPPLE INCAAPL$77.4M305K
CALL · bullishINTEL CORPINTC$73.5M1.7M
CALL · bullishNVIDIA CORPNVDA$72.6M416K
CALL · bullishSS SPDR S&P 500 ETF TRUST-USSPY$71.7M110K
PUT · bearishTESLA INCTSLA$67.4M181K
PUT · bearishVANECK SEMICONDUCTOR ETFSMH$63.3M165K
PUT · bearishJOHNSON & JOHNSONJNJ$62.5M256K
PUT · bearishELI LILLY & COLLY$62.0M67K
PUT · bearishGOLDMAN SACHS GROUP INCGS$59.9M71K
PUT · bearishEXXON MOBIL CORPXOM$58.5M345K
CALL · bullishPALANTIR TECHNOLOGIES INC-APLTR$56.7M388K
PUT · bearishORACLE CORPORCL$55.8M379K
CALL · bullishSERVICENOW INCNOW$55.0M526K
PUT · bearishADVANCED MICRO DEVICESAMD$54.8M270K
PUT · bearishALPHABET INC-CL AGOOGL$54.3M189K
CALL · bullishCOSTCO WHOLESALE CORPCOST$53.5M54K
PUT · bearishVANECK GOLD MINERS ETFGDX$53.2M580K

13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above. Showing the largest 25 of 1172 option legs.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 14, 20262,005$22.1B13F-HR
Q4 2025Dec 31, 2025Feb 17, 20262,325$36.0B13F-HR
Q3 2025Sep 30, 2025Nov 13, 20252,407$38.2B13F-HR
Q2 2025Jun 30, 2025Aug 13, 20252,312$36.3B13F-HR
Q1 2025Mar 31, 2025May 14, 20251,937$34.7B13F-HR
Q4 2024Dec 31, 2024Feb 13, 20251,995$39.2B13F-HR
Q3 2024Sep 30, 2024Nov 13, 20241,937$36.5B13F-HR
Q2 2024Jun 30, 2024Aug 13, 20241,841$34.0B13F-HR
Q1 2024Mar 31, 2024May 15, 20241,942$34.6B13F-HR
Q4 2023Dec 31, 2023Feb 14, 20242,073$37.2B13F-HR
Q3 2023Sep 30, 2023Nov 14, 20231,901$28.9B13F-HR
Q2 2023Jun 30, 2023Aug 14, 20231,642$24.7B13F-HR
Q1 2023Mar 31, 2023May 15, 20231,527$20.9B13F-HR
Q4 2022Dec 31, 2022Feb 13, 20231,361$14.9B13F-HR
Q3 2022Sep 30, 2022Nov 14, 20221,385$12.7B13F-HR
Q2 2022Jun 30, 2022Aug 12, 20221,377$11.0B13F-HR
Q1 2022Mar 31, 2022May 12, 20221,414$12.2B13F-HR
Q4 2021Dec 31, 2021Feb 10, 20221,550$13.9B13F-HR
Q3 2021Sep 30, 2021Nov 12, 20211,478$13.5B13F-HR
Q2 2021Jun 30, 2021Aug 12, 20211,390$12.6B13F-HR
Q1 2021Mar 31, 2021May 14, 20211,232$9.1B13F-HR
Q4 2020Dec 31, 2020Feb 12, 20211,255$10.6B13F-HR
Q3 2020Sep 30, 2020Nov 13, 20201,167$8.1B13F-HR
Q2 2020Jun 30, 2020Aug 13, 2020973$6.3B13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.