CAPSTONE INVESTMENT ADVISORS, LLC

Q1 2014 13F-HR/A Holdings

Location
New York, NY
Holdings as of
3/31/2014
Date filed
4/17/2014
Form type
13F-HR/A - RESTATEMENT
Num holdings
362
Total value ($000)
$7,837,798
Net value change ($000)
-1,321,937 (-14.4%)
New positions
58
Sold out positions
63
Turnover %
75.5%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
Time Warner Cable 47,682 4693.1%
BEAM INC 45,815 NEW
* KKR FINL HLDGS LLC COM 17,758 965.1%
FOREST LAB 17,524 1168.3%
FOSTER WHEELER LTD 17,313 NEW
FOX CORP CLASS B 14,782 NEW
SAFEWAY USA 14,775 NEW
BOOKING HLDGS INC 11,109 183.1%
GS 10,676 NEW
SWK 10,561 NEW
Top Reduces (Value $000, Stocks/ETFs)
AAPL -355,737 -75.6%
GLD -57,687 -100.0%
PG -36,786 -71.3%
META -26,386 -100.0%
VOD -23,798 -100.0%
LIFE TECHNOLOGIES -22,686 -100.0%
IBM -22,240 -100.0%
MA -18,943 -86.1%
ADM -16,039 -90.7%
*LEAP WIRELESS INTL INC -12,982 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 6,443,380 (82.2% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type