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Brevan Howard Capital Management Portfolio holdings

AUM $11.3B
1-Year Est. Return 35.84%
This Fund
S&P 500
This Quarter Est. Return
+6.05%
1 Year Est. Return
+35.84%
3 Year Est. Return
+106.49%
5 Year Est. Return
+80.14%
10 Year Est. Return
–
AUM
$9.16B
AUM Growth
-$13.2B
Cap. Flow
-$10.8B
Cap. Flow %
-117.92%
Top 10 Hldgs %
34.38%
Holding
2,371
New
451
Increased
532
Reduced
695
Closed
657

Top Buys

Rank Stock Value
1
FTKI
First Trust Small Cap BuyWrite Income ETF
FTKI
+$1.07B
2
IVV icon
iShares Core S&P 500 ETF
IVV
+$111M
3
WMT icon
Walmart Inc
WMT
+$84M
4
ORCL icon
Oracle
ORCL
+$58.3M
5
AVGO icon
Broadcom
AVGO
+$57.4M

Top Sells

Rank Stock Value
1
IBIT icon
iShares Bitcoin Trust
IBIT
+$1.77B
2
MSFT icon
Microsoft
MSFT
+$184M
3
META icon
Meta Platforms (Facebook)
META
+$128M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$68.8M
5
FIX icon
Comfort Systems
FIX
+$42.8M

Sector Composition

Rank Sector Weight
1 Technology 8.09%
2 Financials 7.11%
3 Healthcare 5.24%
4 Communication Services 5.21%
5 Consumer Discretionary 4.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GCO icon
1951
Genesco
GCO
$430M
– –
-9,778
Closed -$283K
GD icon
1952
General Dynamics
GD
$107B
– –
-22,804
Closed -$7.78M
GDEN
1953
DELISTED
Golden Entertainment
GDEN
– –
-11,305
Closed -$267K
GDX icon
1954
CALL
VanEck Gold Miners ETF
GDX
$27.4B
– –
-2,400,000
Closed -$183M
GDYN icon
1955
Grid Dynamics Holdings
GDYN
$623M
– –
-35,588
Closed -$274K
GEHC icon
1956
GE HealthCare
GEHC
$33B
– –
-5,329
Closed -$400K
GEN icon
1957
Gen Digital
GEN
$17.6B
– –
-16,341
Closed -$464K
GEO icon
1958
The GEO Group
GEO
$4.07B
– –
-20,892
Closed -$428K
GGG icon
1959
Graco
GGG
$13.5B
– –
-3,573
Closed -$304K
GIB icon
1960
CGI
GIB
$15.6B
– –
-7,852
Closed -$700K
GIII icon
1961
G-III Apparel Group
GIII
$1.48B
– –
-35,273
Closed -$939K
GKOS icon
1962
Glaukos
GKOS
$10.7B
– –
-8,526
Closed -$695K
GLD icon
1963
PUT
SPDR Gold Trust
GLD
$142B
– –
-500,000
Closed -$178M
GNL icon
1964
Global Net Lease
GNL
$1.94B
– –
-14,868
Closed -$121K
GOLF icon
1965
Acushnet Holdings
GOLF
$5.34B
– –
-3,458
Closed -$271K
B
1966
CALL
Barrick Mining
B
$68B
– –
-5,400,000
Closed -$177M
GOOG icon
1967
CALL
Alphabet (Google) Class C
GOOG
$4.31T
– –
-14,280,000
Closed -$3.48B
GOOG icon
1968
PUT
Alphabet (Google) Class C
GOOG
$4.31T
– –
-1,200,000
Closed -$292M
GOOGL icon
1969
PUT
Alphabet (Google) Class A
GOOGL
$4.33T
– –
-200,000
Closed -$48.6M
GPOR icon
1970
Gulfport Energy Corp
GPOR
$2.97B
– –
-5,202
Closed -$941K
GPRE icon
1971
Green Plains
GPRE
$1.06B
– –
-12,622
Closed -$111K
GRBK icon
1972
Green Brick Partners
GRBK
$3.02B
– –
-10,955
Closed -$809K
GTLS
1973
DELISTED
Chart Industries
GTLS
– –
-2,613
Closed -$523K
GTY
1974
Getty Realty Corp
GTY
$2.02B
– –
-24,237
Closed -$650K
HALO icon
1975
Halozyme
HALO
$12.2B
– –
-64,217
Closed -$4.71M
77 78
79
80 81

Similar funds

GKIM
GW&K Investment Management Boston, Massachusetts $11.3B AUM 31.98% 1-Year Est. Return
DCP
D1 Capital Partners New York $11.2B AUM 15.78% 1-Year Est. Return
VLKIM
Van Lanschot Kempen Investment Management Amsterdam, Netherlands $11.4B AUM 16.77% 1-Year Est. Return
SoftBank Group
SoftBank Group Tokyo, Japan $11.4B AUM 27.91% 1-Year Est. Return
ERSOT
Employees Retirement System of Texas Austin, Texas $11.4B AUM 21.6% 1-Year Est. Return
DWM
Dynasty Wealth Management St. Petersburg, Florida $11.5B AUM 15.23% 1-Year Est. Return
MIFH
Migdal Insurance & Financial Holdings Petach Tikva, Israel $11.5B AUM 52.5% 1-Year Est. Return
HTC
Haverford Trust Company Radnor, Pennsylvania $10.9B AUM 18.64% 1-Year Est. Return

Brevan Howard Capital Management's Q4 2025 Portfolio in Review

As of Q4 2025, Brevan Howard Capital Management held 2,371 positions worth $9.16B, down 59% from $22.4B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Brevan Howard Capital Management withdrew a net $10.8B in Q4 2025, closing 657 positions and reducing 695 holdings. Its most notable exit was Insmed, an estimated $42.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 4.4% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Brevan Howard Capital Management opened a new position in First Trust Small Cap BuyWrite Income ETF worth $452M.

  • Brevan Howard Capital Management's largest Q4 2025 buy was First Trust Small Cap BuyWrite Income ETF: 57,081,120 shares worth $452M.
  • Brevan Howard Capital Management added most to Walmart Inc in Q4 2025, an estimated $84M increase.
  • Brevan Howard Capital Management's biggest Q4 2025 reduction was iShares Bitcoin Trust, cutting an estimated $1.77B.
  • Brevan Howard Capital Management fully exited Insmed in Q4 2025, selling an estimated $42.3M.
  • Brevan Howard Capital Management's ten largest holdings make up 34% of its $9.16B portfolio in Q4 2025.
  • Brevan Howard Capital Management opened 451 new positions and closed 657 in Q4 2025.
  • Brevan Howard Capital Management's portfolio value fell 59% quarter-over-quarter to $9.16B.

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