Capstone Investment Advisors’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Capstone Investment Advisors’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$737M	Buy	1,133,800 +3,800	+0.3%	+$2.58M	1.28%	13
2025 Q4	$771M	Sell	1,130,000 -500,000	-31%	-$338M	1.51%	13
2025 Q3	$1.09B	Buy	1,630,000 +430,000	+36%	+$276M	2.02%	10
2025 Q2	$741M	Buy	1,200,000 +200,000	+20%	+$114M	1.84%	13
2025 Q1	$559M	Sell	1,000,000 -160,000	-14%	-$94M	1.48%	15
2024 Q4	$680M	Sell	1,160,000 -987,300	-46%	-$582M	1.64%	12
2024 Q3	$1.23B	Buy	2,147,300 +247,300	+13%	+$137M	3.75%	4
2024 Q2	$1.03B	Hold	1,900,000	–	–	3.24%	4
2024 Q1	$994M	Buy	1,900,000 +1,715,000	+927%	+$854M	3.58%	4
2023 Q4	$87.9M	Buy	185,000 +179,500	+3,264%	+$80M	0.26%	54
2023 Q3	$2.35M	Sell	5,500 -674,500	-99%	-$300M	0.01%	670
2023 Q2	$301M	Buy	680,000 +580,000	+580%	+$243M	1.49%	8
2023 Q1	$40.9M	Sell	100,000 -206,300	-67%	-$82.3M	0.21%	48
2022 Q4	$117M	Buy	306,300 +206,300	+206%	+$79.3M	0.85%	10
2022 Q3	$35.7M	Sell	100,000 -2,500,000	-96%	-$993M	0.22%	54
2022 Q2	$981M	Buy	2,600,000 +763,500	+42%	+$313M	4.78%	4
2022 Q1	$829M	Buy	+1,836,500	New	+$818M	2.28%	7
2021 Q4	–	Sell	-4,458,100	Closed	-$1.91B	–	2075
2021 Q3	$1.91B	Sell	4,458,100 -1,594,500	-26%	-$703M	3.79%	2
2021 Q2	$2.59B	Buy	6,052,600 +4,252,600	+236%	+$1.78B	5.86%	1
2021 Q1	$713M	Buy	1,800,000 +876,200	+95%	+$338M	2.1%	6
2020 Q4	$345M	Buy	923,800 +823,400	+820%	+$292M	1.16%	12
2020 Q3	$33.6M	Sell	100,400 -1,573,700	-94%	-$522M	0.17%	105
2020 Q2	$516M	Buy	1,674,100 +1,244,200	+289%	+$364M	3.41%	5
2020 Q1	$111M	Buy	429,900 +379,900	+760%	+$116M	1.78%	7
2019 Q4	$16.1M	Sell	50,000 -215,000	-81%	-$66.2M	0.09%	245
2019 Q3	$78.6M	Buy	265,000 +199,300	+303%	+$58.9M	0.54%	35
2019 Q2	$19.3M	Sell	65,700 -26,900	-29%	-$7.75M	0.14%	163
2019 Q1	$26.2M	Sell	92,600 -1,378,900	-94%	-$375M	0.24%	96
2018 Q4	$368M	Buy	1,471,500 +1,465,600	+24,841%	+$395M	4.54%	4
2018 Q3	$1.72M	Sell	5,900 -25,000	-81%	-$7.12M	0.02%	471
2018 Q2	$8.38M	Sell	30,900 -404,700	-93%	-$109M	0.13%	113
2018 Q1	$115M	Buy	435,600 +432,600	+14,420%	+$118M	2.19%	9
2017 Q4	$800K	Buy	+3,000	New	+$780K	0.02%	214
2017 Q1	–	Sell	-8,900	Closed	-$1.99M	–	1106
2016 Q4	$1.99M	Buy	+8,900	New	+$1.94M	0.06%	278
2015 Q4	–	Sell	-50,000	Closed	-$9.58M	–	545
2015 Q3	$9.58M	Sell	50,000 -25,000	-33%	-$5.07M	0.22%	89
2015 Q2	$15.4M	Buy	+75,000	New	+$15.8M	0.22%	101
2015 Q1	–	Sell	-173,900	Closed	-$35.7M	–	336
2014 Q4	$35.7M	Sell	173,900 -31,100	-15%	-$6.25M	0.51%	33
2014 Q3	$40.4M	Sell	205,000 -27,600	-12%	-$5.46M	0.46%	51
2014 Q2	$45.5M	Sell	232,600 -493,100	-68%	-$93.8M	0.6%	30
2014 Q1	$136M	Buy	725,700 +538,200	+287%	+$98.8M	1.73%	8
2013 Q4	$34.6M	Buy	+187,500	New	+$33.2M	0.38%	32

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Capstone Investment Advisors's SPY Position: Q1 2026 in Review

Capstone Investment Advisors increased its State Street SPDR S&P 500 ETF Trust (SPY) stake by 246% in Q1 2026, buying an estimated $287M and bringing the position to 593,324 shares worth $386M. The position accounts for 0.67% of the portfolio, ranked #24.

Capstone Investment Advisors first reported a position in SPY in Q4 2013 and has held it in 39 quarters since. The position peaked at $1.32B in Q4 2023. 4,555 funds tracked by Wall St. Rank hold SPY as of Q1 2026.

Capstone Investment Advisors held 593,324 shares of State Street SPDR S&P 500 ETF Trust worth $386M as of Q1 2026.
Capstone Investment Advisors bought 421,644 State Street SPDR S&P 500 ETF Trust shares in Q1 2026, an estimated $287M.
State Street SPDR S&P 500 ETF Trust made up 0.67% of Capstone Investment Advisors's portfolio in Q1 2026, its #24 holding.
Capstone Investment Advisors first reported a position in State Street SPDR S&P 500 ETF Trust in Q4 2013 and has held it in 39 quarters since.
Capstone Investment Advisors's State Street SPDR S&P 500 ETF Trust position peaked at $1.32B in Q4 2023.
4,555 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q1 2026.

Based on Capstone Investment Advisors's 13F filing for Q1 2026, filed 15 May 2026.