Capstone Capital Management Ltd

CIK

2069260

Location

HONG KONG, K3

Portfolio Value

Micro $828,429

Diversification

Diversified

Filing Date

Global Rank

#5,891 / 8,588 ▲ 361

Top Industry

Semiconductors 27.1%

3Y Alpha vs SPY

+54.7%

Period ended 3 months ago

Filed Apr 30, 2026 · 48d

2 quarters · since Dec 2025

Clone Performance

Feb 2026–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+21.2%

SPY

+10.4%

Annualised alpha

+42.8%

Max drawdown

−9.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

41 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

20.6%

+10.7 pts

Top 5

51.4%

+20.6 pts

Top 10

68.4%

+29.8 pts

HHI

861

Diversified+564

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	62.7%	$56,923,981	13
Consumer Cyclical	15.0%	$13,600,731	7
Healthcare	10.4%	$9,466,323	9
Industrials	4.7%	$4,288,464	2
Communication Services	3.6%	$3,286,898	4
Utilities	2.6%	$2,325,087	3
Consumer Defensive	0.9%	$828,429	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

14 positions

Ticker	Company	Δ Shares	Shares	Value
INTC	Intel Corp	+204,352	423,704	$18,698,057
BSX	Boston Scientific Corp	+35,116	41,209	$2,585,864
SNPS	Synopsys Inc	+20,306	36,526	$14,481,828
PDD	PDD Holdings Inc.	+19,338	41,868	$4,278,072
TSLA	Tesla, Inc.	+13,376	14,009	$5,207,845
CRWV	CoreWeave, Inc.	+13,242	18,050	$1,398,333
PANW	Palo Alto Networks Inc	+11,089	15,583	$2,498,266
NRG	Nrg Energy, Inc.	+9,591	13,355	$1,951,699
ORCL	Oracle Corp	+7,106	15,255	$2,244,163
NKE	NIKE, Inc.	+6,448	10,650	$562,533
JCI	Johnson Controls International plc	+2,925	6,400	$838,080
BA	Boeing Co	+1,571	17,336	$3,450,384
META	Meta Platforms, Inc.	+1,517	2,343	$1,340,500
ADBE	Adobe Inc.	+927	1,827	$444,107
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
AES	Aes Corp	−25,700	12,000	$169,080
SMMT	Summit Therapeutics Inc.	−5,044	23,146	$438,848
CL	Colgate Palmolive Co	−3,711	5,149	$438,849
AAPL	Apple Inc.	−1,885	1,036	$262,926
EA	Electronic Arts Inc.	−1,838	2,171	$442,601
ALNY	Alnylam Pharmaceuticals, Inc.	−534	1,767	$584,647
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
SNDK	Sandisk Corp	6,261	$3,977,863
MU	Micron Technology Inc	11,529	$3,894,957
LITE	Lumentum Holdings Inc.	4,291	$3,015,543
COHR	Coherent Corp.	10,028	$2,388,769
RMBS	Rambus Inc	23,326	$2,006,735
AMKR	Amkor Technology, Inc.	35,808	$1,612,434
SE	Sea Ltd	19,462	$1,611,648
IONS	Ionis Pharmaceuticals Inc	21,447	$1,610,455
WVE	Wave Life Sciences Ltd.	144,029	$1,044,210
GOOGL	Alphabet Inc.	3,556	$1,022,563
AS	Amer Sports, Inc.	30,597	$1,007,253
ARWR	Arrowhead Pharmaceuticals, Inc.	15,740	$986,898
NVO	Novo Nordisk A S	25,434	$934,699
PFE	Pfizer Inc	29,669	$833,105
BROS	Dutch Bros Inc.	11,594	$587,352
T	At&T Inc.	16,600	$481,234
BMY	Bristol Myers Squibb Co	7,380	$447,597
CMG	Chipotle Mexican Grill Inc	10,810	$346,028
PG	PROCTER & GAMBLE Co	1,500	$216,660
CWEN	Clearway Energy, Inc.	5,200	$204,308
CAG	Conagra Brands Inc.	11,000	$172,920
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
NVDA	Nvidia Corp	18,839	$3,513,473
ANET	Arista Networks, Inc.	9,915	$1,299,162
TSM	Taiwan Semiconductor Manufacturing Co Ltd	3,917	$1,190,337
BE	Bloom Energy Corp	13,262	$1,152,335
MCD	Mcdonalds Corp	3,700	$1,130,831
TPL	Texas Pacific Land Corp	3,625	$1,041,172
PTC	Ptc Inc.	5,757	$1,002,926
SBAC	Sba Communications Corp	5,172	$1,000,419
NVR	Nvr Inc	137	$999,109
DLTR	Dollar Tree, Inc.	8,093	$995,519
VRSN	Verisign Inc/Ca	4,083	$991,964
AFRM	Affirm Holdings, Inc.	13,241	$985,527
ILMN	Illumina, Inc.	7,484	$981,601
VLO	Valero Energy Corp/Tx	6,017	$979,507
PODD	Insulet Corp	3,446	$979,491
IOT	Samsara Inc.	27,623	$979,235
TOST	Toast, Inc.	27,574	$979,152
CG	Carlyle Group Inc.	16,554	$978,506
UTHR	UNITED THERAPEUTICS Corp	2,008	$978,398
LDOS	Leidos Holdings, Inc.	5,419	$977,587
RIVN	Rivian Automotive, Inc. / DE	49,018	$966,144
WSM	Williams Sonoma Inc	5,378	$960,457
AEP	American Electric Power Co Inc	8,200	$945,542
TWLO	Twilio Inc	5,635	$801,522
ORLY	O Reilly Automotive Inc	8,743	$797,449
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

3 positions · $828,429 total · Consumer Defensive only · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CAG	Conagra Brands Inc. Consumer Defensive	NEW	11,000	NEW	$172,920	NEW	20.87%
PG	PROCTER & GAMBLE Co Consumer Defensive	NEW	1,500	NEW	$216,660	NEW	26.15%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	5,149	-3,711	$438,849	−37.3%	52.97%