CAPITAL FUND MANAGEMENT S.A.

CIK

1323645

City

PARIS

State / Country

Stock

SM — SM Energy Co

Top Portfolio Positions

1,057 positions · $20,594,622,734 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
TSLA	Tesla, Inc. Consumer Cyclical	1,253,558	$466,010,186	2.26%
MU	Micron Technology Inc Technology	1,375,511	$464,702,636	2.26%
AAPL	Apple Inc. Technology	1,805,976	$458,338,649	2.23%
MSFT	Microsoft Corp Technology	1,046,155	$387,255,196	1.88%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	969,252	$327,558,713	1.59%
CVX	Chevron Corp Energy	1,467,823	$303,692,578	1.47%
AMZN	Amazon Com Inc Consumer Cyclical	1,299,677	$270,683,728	1.31%
LLY	ELI LILLY & Co Healthcare	270,058	$248,391,246	1.21%
PLTR	Palantir Technologies Inc. Technology	1,397,598	$204,440,635	0.99%
C	Citigroup Inc Financial Services	1,743,038	$197,677,939	0.96%

Portfolio Trend

25 quarters · across all stocks

Holdings in SM

Compact Export CSV

Shares Held

Position Value (USD)

35 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$1,144,306	36,700	-91.4%	Put	Sole	2026-05-14
2026-03-31	$13,300,452	426,570	+68.6%	Shares	Sole	2026-05-14
2025-12-31	$4,732,390	253,069	+15.1%	Shares	Sole	2026-02-17
2025-09-30	$5,489,254	219,834	+237.2%	Shares	Sole	2025-11-13
2025-09-30	$1,628,044	65,200	+71.1%	Put	Sole	2025-11-13
2025-09-30	$951,357	38,100	-86.6%	Call	Sole	2025-11-13
2025-06-30	$7,032,910	284,618	+431.0%	Shares	Sole	2025-08-13
2025-06-30	$1,324,456	53,600	+72.9%	Put	Sole	2025-08-13
2025-06-30	$766,010	31,000	+46.9%	Call	Sole	2025-08-13
2025-03-31	$631,945	21,100	+10.5%	Put	Sole	2025-05-14
2025-03-31	$572,045	19,100	-76.2%	Call	Sole	2025-05-14
2025-03-31	$2,406,662	80,356	-44.5%	Shares	Sole	2025-05-14
2024-12-31	$5,616,130	144,895	+5.4%	Shares	Sole	2025-02-13
2023-12-31	$5,320,863	137,419	+396.1%	Shares	Sole	2024-02-14
2023-12-31	$1,072,544	27,700	+28.2%	Call	Sole	2024-02-14
2023-12-31	$836,352	21,600	+57.7%	Put	Sole	2024-02-14
2023-09-30	$543,205	13,700	-26.3%	Call	Sole	2023-11-14
2023-09-30	$737,490	18,600	-86.6%	Put	Sole	2023-11-14
2023-09-30	$5,517,019	139,143	+120.2%	Shares	Sole	2023-11-14
2023-06-30	$1,999,016	63,200	+205.3%	Call	Sole	2023-08-14
2023-06-30	$654,741	20,700	-81.7%	Put	Sole	2023-08-14
2023-06-30	$3,572,640	112,951	+313.7%	Shares	Sole	2023-08-14
2023-03-31	$768,768	27,300	+123.8%	Call	Sole	2023-05-15
2023-03-31	$343,552	12,200	-52.9%	Put	Sole	2023-05-15
2022-06-30	$885,521	25,900	+142.1%	Call	Sole	2022-08-12
2022-06-30	$365,833	10,700	-67.3%	Put	Sole	2022-08-12
2022-03-31	$1,273,665	32,700	-47.1%	Call	Sole	2022-05-12
2021-12-31	$1,821,864	61,800	+60.5%	Put	Sole	2022-02-10
2021-12-31	$1,134,980	38,500	-53.7%	Call	Sole	2022-02-10
2021-09-30	$2,192,178	83,100	+0.2%	Put	Sole	2021-11-12
2021-09-30	$2,186,902	82,900	+256.0%	Call	Sole	2021-11-12
2021-09-30	$614,231	23,284	-67.4%	Shares	Sole	2021-11-12
2021-06-30	$1,758,040	71,378	+359.3%	Shares	Sole	2021-08-12
2021-03-31	$254,422	15,542	-80.7%	Shares	Sole	2021-05-14
2020-03-31	$98,236	80,522	—	Shares	Sole	2020-05-13
No 13F history on record for this holder in this stock.