CAPSTONE CAPITAL LLC

CIK 1993327 · View on SEC EDGAR ↗

Portfolio value
$175.1M
#6,906 of 9,443 by 13F value · top 73.1%
Positions
26
As of
June 30, 2026

Portfolio value QoQ: +12.8% 13F does not disclose cash

Top 10 holdings weight
97.05%
Top 25 holdings weight
99.87%
Positions above 1%
5
Effective number of positions
3.3

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 0.23% Est. buys $4,519,479 · sells $379,657

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 78.8% still held

New positions
5
Increased
6
Decreased
8
Closed
1
On this page

Sector breakdown

Technology
1.8%
Communication Services
0.4%
Consumer Discretionary
0.3%
Retail
0.2%
Other/Unmapped
97.3%

Full portfolio 26 positions

Type Streak 8Q trend
DFAC $83,096,660 47.46% 1,873,234 $11,622,978 Up ×3
DFIC $39,701,387 22.68% 1,065,523 $2,251,417 Up ×1
DFEM $21,229,808 12.13% 522,387 $3,116,210 Down ×3
VCSH Vanguard Short-Term Corporate Bond ETF $12,380,603 7.07% 156,657 $422,723 Up ×5
VTEB $10,149,383 5.80% 200,660 $962,988 Up ×3
AAPL Apple Inc. - Common Stock $855,059 0.49% 2,955 $107,394 Up ×2
VCIT Vanguard Intermediate-Term Corporate Bond ETF $700,872 0.40% 8,480 $-16,157 Down ×6
NVDA NVIDIA Corporation - Common Stock $682,307 0.39% 3,410 $78,709 Down ×1
BAB $578,268 0.33% 21,545 $-48,849 Down ×2
MSFT Microsoft Corporation - Common Stock $538,641 0.31% 1,444 $2,265 Down ×1
LVS Las Vegas Sands Corp. Common Stock $469,198 0.27% 10,158 $-78,169 Down ×1
SUB $421,302 0.24% 3,957 $-119
GOOGL Alphabet Inc. - Class A Common Stock $420,267 0.24% 1,176 $75,195 Down ×3
IVV $393,167 0.22% 525 $50,232
MUB $386,840 0.22% 3,595 $5,284
AMZN Amazon.com, Inc. - Common Stock $382,536 0.22% 1,605 $75,546 Up ×2
DFUS $338,658 0.19% 4,133 $45,587
MMU Western Asset Managed Municipals Fund, Inc. Common Stock $306,869 0.18% 29,450 $4,123
LRCX Lam Research Corporation - Common Stock $304,198 0.17% 702 Up ×1
KLAC KLA Corporation - Common Stock $286,625 0.16% 950 Up ×1
SPY SPY $276,305 0.16% 370 $35,679
GOOG Alphabet Inc. - Class C Capital Stock $276,304 0.16% 782 $48,250 Down ×1
XMHQ $240,434 0.14% 2,130 $20,256
DFUV $223,286 0.13% 4,059 Up ×1
AMAT Applied Materials, Inc. - Common Stock $221,238 0.13% 306 Up ×1
MU Micron Technology, Inc. - Common Stock $220,469 0.13% 191 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
DFAC $83,096,660 47.46% up ×3
VCSH $12,380,603 7.07% up ×5
VTEB $10,149,383 5.80% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
LRCX $304,198 702 0.17%
KLAC $286,625 950 0.16%
DFUV $223,286 4,059 0.13%
AMAT $221,238 306 0.13%
MU $220,469 191 0.13%

Top movers (QoQ)

Security Action Shares Δ Value Δ
DFAC Bought more +34K +$11.6M
DFEM Trimmed -2K +$3.1M
DFIC Bought more +11K +$2.3M
VTEB Bought more +17K +$963K
VCSH Bought more +6K +$423K
AAPL Bought more +9 +$107K
NVDA Trimmed -51 +$79K
LVS Trimmed -1 -$78K
AMZN Bought more +131 +$76K
GOOGL Trimmed -24 +$75K

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
FMB June 30, 2025 7,709 $388,705
AVGO Dec. 31, 2025 1,111 $366,530 4.5%
JPM Dec. 31, 2025 1,091 $344,134 12.2%
IQLT June 30, 2025 6,428 $255,127 No longer tracked
CVX Dec. 31, 2025 1,639 $254,520 35.9%
LLY Dec. 31, 2025 312 $238,056 19.8%
CVX June 30, 2026 1,046 $216,417 24.9%
XMHQ March 31, 2025 2,130 $209,741 No longer tracked
TSLA Dec. 31, 2025 464 $206,350 -24.8%