Capstone Investment Advisors LLC disclosed a new stake in athenahealth, Inc. in a filing on December 31, 2018
Mar 04, 2019
Institutional Holdings Changes
Capstone Investment Advisors trades globally across equities, fixed income, FX, and commodities. Capstone is a multi-strategy investment manager that focuses on relative value trading with a volatility bias. Capstone employs a quantitative approach to trading and our business is model driven with a qualitative overlay.Capstone serves as investment manager to the Solutions Accounts, a series of single investor funds and one comingled fund that, as a primary objective, provide “tail-risk protection”, “equity replacement”, or “opportunistic investing” with respect generally to global-equity, fixed income, commodities and volatility markets or that provide passive strategies such as equity replacement.Capstone serves as investment manager to the Capstone Volatility Master (CVM) which focuses on volatility arbitrage. CVM’s primary objective is to achieve long term capital appreciation that is uncorrelated or negatively correlated with global equity markets. CVM seeks to achieve its investment objective primarily through a combination of “Risk-On” and “Risk-Off” strategies, as well as other investment strategies that Capstone believes are complementary to overall portfolio construction. CVM seeks its trading opportunities globally, primarily in U.S., European and Asian markets. Currently the focus of CVM’s is multi-strategy volatility trading across the equity, fixed income, commodities, convertible bond and foreign exchange markets. CVM may also pursue volatility arbitrage opportunities outside of such markets and its focus may move to any such other markets away from the markets listed above. Capstone also undertakes strategies that are not solely specific to volatility arbitrage, including statistical arbitrage, systematic futures, risk arbitrage, convertible bond opportunities, fixed income relative value, including inflation, and event driven strategies. Capstone may add additional related strategies or modify existing strategies, as it sees fit.The firm's Diversified Dynamic Alpha (DDA) Fund employs a diversified global macro approach that allocates capital to various asset classes, investment strategies and investment styles. The investment strategy consists of the following three integrated sub-strategies: (i) long term fair value, discretionary global macro, and systematic global macro strategies.
In The News
Capstone Investment Advisors LLC disclosed in a filing on September 30, 2020 that it increased its stake in Cisco Systems, Inc.
Nov 23, 2020 - RelSci
Capstone Investment Advisors LLC disclosed in a filing on September 30, 2020 that it increased its stake in Exxon Mobil Corporation
Nov 22, 2020 - RelSci