Capital Fund Management S.A.
Capital Fund Management S.A. is an SEC-registered investment adviser based in Paris, France that reports managing 3 hedge funds on Form ADV. It reports $13.4 billion in regulatory assets under management. Its private funds, of all types, hold $14.7 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +15.2% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +48.0% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- $13.4 billionForm ADV Item 5.F
- Gross assets of private funds
- $14.7 billionAll private fund types, Form ADV
- Hedge funds managed
- 33 private funds in total
- Employees
- 348Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 125780
- Latest Form ADV
- 03/26/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +18.2% | +14.8% |
| Q1 2026 | -2.5% | -4.6% |
| Q4 2025 | +2.0% | +2.4% |
| Q3 2025 | +8.8% | +7.8% |
| Q2 2025 | +11.3% | +10.4% |
| Q1 2025 | -3.5% | -4.5% |
| Q4 2024 | +3.0% | +2.1% |
| Q3 2024 | +4.6% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Amazon Com Inc Com$258.6 million
- Advanced Micro Devices Inc Com$242.4 million
- Microsoft Corp Com$240.6 million
- Citigroup Inc$213.1 million
- Tesla Mtrs Inc Com$208.6 million
- Taiwan Semiconductor MFG LTD Sponsored ADS$138.5 million
- Salesforce Com Inc Com$135.4 million
- Uber Technologies Inc$129.8 million
- Robinhood Mkts Inc Com CL A$123.1 million
- SPDR S&P 500 ETF TR$120.4 million
As of 2026-06-30, from 13F filing by Capital Fund Management S.A..
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures