Capstone Capital Management Ltd

CIK

2069260

Location

HONG KONG, K3

Portfolio Value

Small $247,063,697

Diversification

Diversified

Filing Date

Global Rank

#6,123 / 8,820 ▲ 1997 · as of Jun 2026

Top Industry

Semiconductors 35.2%

Period ended 30 days ago

Filed Oct 21, 2026 · 9d

4 quarters · since Dec 2025

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.

Style

Diversified active

Top 10 weight 27.6%, 70.5 effective positions, active share 82.4% against the Nasdaq-100 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Turnover unknown

It needs four straight quarters of measured turnover

Horizon

Short horizon

Value-weighted holding period 1.4 quarters (under 4)

Closest benchmark: the Nasdaq-100 as of 2026-06-30, active share 82.4%; sector active share 23.9% against the combined 13F book's sector weights.

Over time 3 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

150 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026

Top Position

18.3%

+14.1 pts

Top 5

35.6%

+18.3 pts

Top 10

44.9%

+17.3 pts

HHI

489

Diversified+347

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2026

Sector	% Portfolio	Value	Positions
Technology	58.2%	$143,859,723	63
Unclassified	18.0%	$44,550,498	15
Industrials	7.6%	$18,697,737	21
Communication Services	3.2%	$7,798,161	7
Healthcare	2.6%	$6,515,475	9
Consumer Cyclical	2.6%	$6,482,994	9
Consumer Defensive	2.4%	$5,981,913	7
Financial Services	2.2%	$5,382,702	9
Energy	1.7%	$4,185,822	5
Basic Materials	1.3%	$3,159,035	4
Utilities	0.2%	$449,637	1

Last Quarter's Activity

Export CSV

Sep 30, 2026 vs Jun 30, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
INTW	GraniteShares 2x Long INTC Daily ETF	+672,022	719,632	$22,510,088
WDCX	Tradr 2x Long WDC Daily ETF	+194,031	234,081	$4,068,327
VSH	Vishay Intertechnology Inc	+147,000	182,901	$5,953,427
NVTS	Navitas Semiconductor Corp	+96,949	166,402	$1,931,927
ORCX	Defiance Daily Target 2x Long Orcl ETF	+93,377	385,476	$7,077,339
KD	Kyndryl Holdings, Inc.	+60,477	92,169	$1,037,822
NOK	Nokia Corp	+57,990	173,357	$1,757,839
AXTI	Axt Inc	+39,059	75,650	$5,856,066
BRZE	Braze, Inc.	+36,186	47,986	$1,204,448
LWLG	Lightwave Logic, Inc.	+30,085	206,247	$1,031,235
GLW	Corning Inc	+29,801	38,552	$175,927
WOLF	Wolfspeed, Inc.	+18,721	71,275	$2,004,965
AEHR	Aehr Test Systems	+17,699	39,566	$3,941,564
MNST	Monster Beverage Corp	+15,901	23,700	$986,394
SMCI	Super Micro Computer, Inc.	+13,771	41,838	$1,718,286
MKSI	Mks Inc	+11,694	15,817	$4,197,199
MCHP	Microchip Technology Inc	+10,729	12,929	$1,005,488
UCTT	Ultra Clean Holdings, Inc.	+10,218	14,363	$1,164,264
AMKR	Amkor Technology, Inc.	+9,432	15,165	$794,342
KLIC	Kulicke & Soffa Industries Inc	+9,099	12,999	$1,225,155
TTMI	Ttm Technologies Inc	+7,164	11,137	$1,368,069
SMTC	Semtech Corp	+6,979	10,192	$1,817,743
FORM	Formfactor Inc	+5,908	19,151	$2,859,435
MO	Altria Group, Inc.	+3,657	14,608	$983,702
TSEM	Tower Semiconductor Ltd	+3,372	10,509	$2,390,061
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
IREN	IREN Ltd	−85,557	11,936	$487,943
CRWV	CoreWeave, Inc.	−71,103	18,677	$1,627,140
TCOM	Trip.com Group Ltd	−46,914	27,321	$1,068,251
PDD	PDD Holdings Inc.	−37,628	14,571	$1,135,663
ORCL	Oracle Corp	−31,945	20,321	$2,790,073
NOW	ServiceNow, Inc.	−21,277	11,327	$1,517,931
VXX		−12,374	106,404	$1,873,774
UMC	United Microelectronics Corp	−12,167	45,356	$1,110,768
KLAC	Kla Corp	−11,333	1,969	$383,817
SAP	Sap SE	−9,215	5,563	$1,159,774
BA	Boeing Co	−8,112	3,337	$620,848
ZM	Zoom Communications, Inc.	−6,401	5,228	$474,545
NFLX	Netflix Inc	−5,692	5,256	$365,712
CIEN	Ciena Corp	−4,176	2,233	$785,614
EBAY	Ebay Inc	−3,543	3,762	$398,960
GOOG	Alphabet Inc.	−3,503	3,432	$1,169,419
ANET	Arista Networks, Inc.	−1,954	2,910	$592,446
WDC	Western Digital Corp	−1,635	4,434	$2,015,075
COHR	Coherent Corp.	−1,439	6,743	$1,940,702
CTAS	Cintas Corp	−649	4,034	$786,872
VLO	Valero Energy Corp	−544	2,578	$999,258
LITE	Lumentum Holdings Inc.	−475	2,766	$2,686,505
INTU	Intuit Inc.	−387	2,952	$813,895
BE	Bloom Energy Corp	−386	11,844	$3,280,551
APP	AppLovin Corp	−277	1,435	$416,767
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
INTC	Intel Corp	375,531	$45,150,092
KORU	Direxion Daily MSCI South Korea Bull 3X Shares	128,820	$2,578,976
AAOI	Applied Optoelectronics, Inc.	21,168	$2,101,135
VICR	Vicor Corp	6,192	$1,789,116
SNDK	Sandisk Corp	1,021	$1,776,427
IEF	iShares 7-10 Year Treasury Bond ETF	18,600	$1,661,166
HPE	Hewlett Packard Enterprise Co	23,745	$1,517,068
SKHY	SK hynix Inc.	8,000	$1,473,200
VRT	Vertiv Holdings Co	5,869	$1,416,248
RDDT	Reddit, Inc.	9,257	$1,318,567
ARM	Arm Holdings PLC	4,324	$1,252,489
UUP	Invesco DB US Dollar Index Bullish Fund	37,600	$1,081,752
UPS	United Parcel Service Inc	10,706	$1,000,368
SCCO	Southern Copper Corp	4,926	$998,204
CSX	Csx Corp	21,378	$994,290
WDAY	Workday, Inc.	5,220	$994,201
PG	PROCTER & GAMBLE Co	6,820	$990,809
IONQ	IonQ, Inc.	22,540	$988,604
ABBV	AbbVie Inc.	3,772	$986,717
DBA	Invesco Db Agriculture Fund	34,823	$979,919
MA	Mastercard Inc	1,772	$977,204
ITW	Illinois Tool Works Inc	3,754	$965,829
ALL	Allstate Corp	4,335	$961,763
GDXU		8,936	$949,628
ALAB	Astera Labs, Inc.	2,653	$944,388
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CRWG	Leverage Shares 2x Long CRWV Daily ETF	292,967	$9,345,647
NRG	Nrg Energy, Inc.	20,007	$2,922,222
NBIL		48,968	$2,798,521
AAPL	Apple Inc.	9,652	$2,792,902
NUGT	Direxion Daily Gold Miners Index Bull 2X Shares	20,573	$2,407,246
CEG	Constellation Energy Corp	9,360	$2,324,743
AMAT	Applied Materials Inc	3,064	$2,215,272
QCOM	Qualcomm Inc	11,714	$2,164,630
IGV	iShares Expanded Tech-Software Sector ETF	22,200	$2,011,320
FUTU	Futu Holdings Ltd	19,429	$1,821,274
SITM	SITIME Corp	2,292	$1,708,823
PURR	Hyperliquid Strategies Inc	212,366	$1,671,320
MDB	MongoDB, Inc.	4,832	$1,623,068
ON	On Semiconductor Corp	16,038	$1,516,232
NU	Nu Holdings Ltd.	111,244	$1,486,219
DDOG	Datadog, Inc.	5,106	$1,329,398
TEM	Tempus AI, Inc.	22,203	$1,286,219
IBM	International Business Machines Corp	4,430	$1,245,760
STM	STMicroelectronics N.V.	16,261	$1,217,786
SKM	Sk Telecom Co Ltd	35,849	$1,152,903
COPX	Global X Copper Miners ETF	14,423	$1,110,138
POET	Poet Technologies Inc.	105,694	$1,086,534
NOWL	GraniteShares 2x Long NOW Daily ETF	245,098	$1,071,078
MUU	Direxion Daily MU Bull 2X Shares	996	$1,044,535
PSIX	Power Solutions International, Inc.	26,718	$1,039,063
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

150 tracked positions · $247,063,697 total · filing declares 150 positions · $247,063,764 · as of Sep 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Technology Utilities

Showing 1–50 of 150 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
INTC	Intel Corp Technology	NEW	375,531	NEW	$45,150,092	NEW	18.27%
INTW	GraniteShares 2x Long INTC Daily ETF	Added	719,632	+672,022	$22,510,088	+833.1%	9.11%
SNPS	Synopsys Inc Technology	Added	16,911	+2,560	$7,355,270	+14.9%	2.98%
ORCX	Defiance Daily Target 2x Long Orcl ETF	Added	385,476	+93,377	$7,077,339	+4.3%	2.86%
VSH	Vishay Intertechnology Inc Technology	Added	182,901	+147,000	$5,953,427	+208.3%	2.41%
AXTI	Axt Inc Technology	Added	75,650	+39,059	$5,856,066	+122.0%	2.37%
AMD	Advanced Micro Devices Inc Technology	Added	7,819	+831	$4,783,351	+17.8%	1.94%
MKSI	Mks Inc Technology	Added	15,817	+11,694	$4,197,199	+128.9%	1.70%
WDCX	Tradr 2x Long WDC Daily ETF	Added	234,081	+194,031	$4,068,327	+140.4%	1.65%
AEHR	Aehr Test Systems Technology	Added	39,566	+17,699	$3,941,564	+87.6%	1.60%
NBIS	Nebius Group N.V. Communication Services	Reduced	15,476	-157	$3,650,478	−15.4%	1.48%
BE	Bloom Energy Corp Industrials	Reduced	11,844	-386	$3,280,551	−11.4%	1.33%
FORM	Formfactor Inc Technology	Added	19,151	+5,908	$2,859,435	+35.0%	1.16%
ORCL	Oracle Corp Technology	Reduced	20,321	-31,945	$2,790,073	−63.6%	1.13%
LITE	Lumentum Holdings Inc. Technology	Reduced	2,766	-475	$2,686,505	−3.4%	1.09%
KORU	Direxion Daily MSCI South Korea Bull 3X Shares	NEW	128,820	NEW	$2,578,976	NEW	1.04%
TSEM	Tower Semiconductor Ltd Technology	Added	10,509	+3,372	$2,390,061	+28.5%	0.97%
AAOI	Applied Optoelectronics, Inc. Technology	NEW	21,168	NEW	$2,101,135	NEW	0.85%
WDC	Western Digital Corp Technology	Reduced	4,434	-1,635	$2,015,075	−48.0%	0.82%
WOLF	Wolfspeed, Inc. Technology	Added	71,275	+18,721	$2,004,965	−20.9%	0.81%
COHR	Coherent Corp. Technology	Reduced	6,743	-1,439	$1,940,702	−39.9%	0.79%
NVTS	Navitas Semiconductor Corp Technology	Added	166,402	+96,949	$1,931,927	+55.2%	0.78%
VXX		Reduced	106,404	-12,374	$1,873,774	−28.6%	0.76%
SMTC	Semtech Corp Technology	Added	10,192	+6,979	$1,817,743	+249.5%	0.74%
ONTO	Onto Innovation Inc. Technology	Added	5,872	+1,440	$1,807,519	+7.8%	0.73%
VICR	Vicor Corp Technology	NEW	6,192	NEW	$1,789,116	NEW	0.72%
SNDK	Sandisk Corp Technology	NEW	1,021	NEW	$1,776,427	NEW	0.72%
NOK	Nokia Corp Technology	Added	173,357	+57,990	$1,757,839	+14.7%	0.71%
SMCI	Super Micro Computer, Inc. Technology	Added	41,838	+13,771	$1,718,286	+108.7%	0.70%
IEF	iShares 7-10 Year Treasury Bond ETF	NEW	18,600	NEW	$1,661,166	NEW	0.67%
CRWV	CoreWeave, Inc. Technology	Reduced	18,677	-71,103	$1,627,140	−81.8%	0.66%
ACMR	ACM Research, Inc. Technology	Added	19,585	+2,942	$1,584,818	−25.0%	0.64%
MSFT	Microsoft Corp Technology	Added	3,026	+1,217	$1,552,035	+130.0%	0.63%
NOW	ServiceNow, Inc. Technology	Reduced	11,327	-21,277	$1,517,931	−53.1%	0.61%
HPE	Hewlett Packard Enterprise Co Technology	NEW	23,745	NEW	$1,517,068	NEW	0.61%
SKHY	SK hynix Inc. Technology	NEW	8,000	NEW	$1,473,200	NEW	0.60%
VRT	Vertiv Holdings Co Industrials	NEW	5,869	NEW	$1,416,248	NEW	0.57%
TTMI	Ttm Technologies Inc Technology	Added	11,137	+7,164	$1,368,069	+84.1%	0.55%
RDDT	Reddit, Inc. Communication Services	NEW	9,257	NEW	$1,318,567	NEW	0.53%
ARM	Arm Holdings PLC Technology	NEW	4,324	NEW	$1,252,489	NEW	0.51%
KLIC	Kulicke & Soffa Industries Inc Technology	Added	12,999	+9,099	$1,225,155	+134.9%	0.50%
FTNT	Fortinet, Inc. Technology	Added	6,809	+423	$1,217,176	+24.1%	0.49%
BRZE	Braze, Inc. Technology	Added	47,986	+36,186	$1,204,448	+370.6%	0.49%
GOOG	Alphabet Inc. Communication Services	Reduced	3,432	-3,503	$1,169,419	−52.3%	0.47%
UCTT	Ultra Clean Holdings, Inc. Technology	Added	14,363	+10,218	$1,164,264	+97.0%	0.47%
SAP	Sap SE Technology	Reduced	5,563	-9,215	$1,159,774	−49.1%	0.47%
PDD	PDD Holdings Inc. Consumer Cyclical	Reduced	14,571	-37,628	$1,135,663	−71.5%	0.46%
UMC	United Microelectronics Corp Technology	Reduced	45,356	-12,167	$1,110,768	−29.0%	0.45%
ROST	Ross Stores, Inc. Consumer Cyclical	Added	4,654	+960	$1,086,243	+38.2%	0.44%
UUP	Invesco DB US Dollar Index Bullish Fund	NEW	37,600	NEW	$1,081,752	NEW	0.44%

Showing the top 50 of 150 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.