Brevan Howard Capital Management’s State Street SPDR S&P 500 ETF Trust SPY Stock Holding History

Brevan Howard Capital Management’s Portfolio SPY Stock Details SPY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-200,000	Closed	-$133M	–	2251
2025 Q3	$133M	Sell	200,000 -120,000	-38%	-$76.9M	0.59%	27
2025 Q2	$198M	Sell	320,000 -80,000	-20%	-$45.7M	1.14%	14
2025 Q1	$224M	Buy	400,000 +175,500	+78%	+$103M	2.15%	8
2024 Q4	$132M	Buy	224,500 +134,500	+149%	+$79.2M	0.85%	12
2024 Q3	$51.6M	Sell	90,000 -210,000	-70%	-$116M	0.36%	25
2024 Q2	$163M	Buy	+300,000	New	+$157M	1.46%	10
2023 Q3	–	Sell	-450,000	Closed	-$199M	–	436
2023 Q2	$199M	Buy	450,000 +440,000	+4,400%	+$185M	4.16%	5
2023 Q1	$4.09M	Sell	10,000 -156,200	-94%	-$62.3M	0.11%	52
2022 Q4	$63.6M	Buy	166,200 +119,200	+254%	+$45.8M	2.12%	9
2022 Q3	$16.8M	Buy	+47,000	New	+$18.7M	0.61%	16
2016 Q4	–	Sell	-5,000,000	Closed	-$1.08B	–	10
2016 Q3	$1.08B	Buy	5,000,000 +1,300,000	+35%	+$281M	91.36%	1
2016 Q2	$775M	Buy	3,700,000 +2,700,000	+270%	+$560M	84.86%	1
2016 Q1	$206M	Buy	+1,000,000	New	+$195M	16.3%	2
2013 Q3	–	Sell	-2,000,000	Closed	-$321M	–	36
2013 Q2	$321M	Buy	+2,000,000	New	+$322M	55.95%	1

Other funds holding SPY

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Brevan Howard Capital Management's SPY Position: Q4 2025 in Review

Brevan Howard Capital Management sold out of State Street SPDR S&P 500 ETF Trust (SPY) in Q4 2025, closing a stake of 5,892 shares — an estimated $3.93M sold.

Brevan Howard Capital Management first reported a position in SPY in Q4 2014 and held it in 3 quarters. The position peaked at $99.7M in Q4 2014. 4,611 funds tracked by Wall St. Rank hold SPY as of Q4 2025.

Brevan Howard Capital Management reported no remaining State Street SPDR S&P 500 ETF Trust position as of Q4 2025 after selling out during the quarter.
Brevan Howard Capital Management sold 5,892 State Street SPDR S&P 500 ETF Trust shares in Q4 2025, an estimated $3.93M.
Brevan Howard Capital Management first reported a position in State Street SPDR S&P 500 ETF Trust in Q4 2014 and held it in 3 quarters.
Brevan Howard Capital Management's State Street SPDR S&P 500 ETF Trust position peaked at $99.7M in Q4 2014.
4,611 funds tracked by Wall St. Rank held State Street SPDR S&P 500 ETF Trust as of Q4 2025.

Based on Brevan Howard Capital Management's 13F filing for Q4 2025, filed 17 Feb 2026.