CAPITAL FUND MANAGEMENT S.A.
SEC Form 13F institutional filer · CIK 0001323645
13F-HR · 261 reported holdings · 2026-03-31
Asset manager.
Reported long-US-equity value
$7.58B
Top-10 concentration
24.9%
CAPITAL FUND MANAGEMENT S.A. — $7.58B AUM allocation strategy
CAPITAL FUND MANAGEMENT S.A. files SEC Form 13F and reports $7.58B of long US equity value across 261 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 14.0%, followed by Consumer Discretionary 7.1% and Financials 4.5%.
The top 10 holdings account for 25% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
CAPITAL FUND MANAGEMENT S.A. — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$7.58B
total across 261 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
25% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$AMAT +1.33M sh · +$55.2M+$HOOD +942K sh · +$56M+$NEM +644K sh · +$70.5M
Biggest trims (shares)
−$BAC −1.4M sh · −$80.2M−$INTC −891K sh · −$8.81M−$BMY −845K sh · −$44M
Exited to nil (held last quarter, gone now)
$NVDA ($271M last qtr)$NFLX ($85M last qtr)$SPY ($59M last qtr)$FISV ($46.7M last qtr)$WFC ($44.4M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Technology Hardware, Storage & Peripherals5.3%—
- Systems Software3.3%—
- Automobile Manufacturers3.3%—
- Aerospace & Defense2.9%—
- Integrated Oil & Gas2.9%—
- Broadline Retail2.4%—
- Application Software2.4%—
- Pharmaceuticals2.3%—
- Other holdings75.2%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AAPL | Apple Inc | 1.1M | $279M | +249K | 3.7% |
| $MSFT | Microsoft Corporation | 686K | $254M | — | 3.3% |
| $TSLA | Tesla Inc | 663K | $247M | +122K | 3.3% |
| $CVX | Chevron Corporation | 1.06M | $220M | +233K | 2.9% |
| $AMZN | Amazon.com Inc | 873K | $182M | +441K | 2.4% |
| $LLY | Eli Lilly and Company | 190K | $174M | — | 2.3% |
| $MU | Micron Technology Inc | 419K | $142M | +119K | 1.9% |
| $GE | GE Aerospace | 487K | $138M | +82K | 1.8% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 267K | $128M | +103K | 1.7% |
| $C | Citigroup Inc | 1.11M | $126M | +537K | 1.7% |
…and 251 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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