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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
+0.29%
1 Year Est. Return
+35.84%
3 Year Est. Return
+106.49%
5 Year Est. Return
+80.14%
10 Year Est. Return
–
AUM
$288M
AUM Growth
+$71.8M
Cap. Flow
+$82.3M
Cap. Flow %
28.63%
Top 10 Hldgs %
94.91%
Holding
19
New
5
Increased
5
Reduced
2
Closed
6

Top Buys

Rank Stock Value
1
FXI icon
iShares China Large-Cap ETF
FXI
+$95.3M
2
GLD icon
SPDR Gold Trust
GLD
+$46.3M
3
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
+$31.3M
4
KRE icon
State Street SPDR S&P Regional Banking ETF
KRE
+$15.2M
5
XLK icon
State Street Technology Select Sector SPDR ETF
XLK
+$9.9M

Top Sells

Rank Stock Value
1
PKW icon
Invesco BuyBack Achievers ETF
PKW
+$50M
2
XLF icon
State Street Financial Select Sector SPDR ETF
XLF
+$20.9M
3
EWZ icon
iShares MSCI Brazil ETF
EWZ
+$9.56M
4
VALE icon
Vale
VALE
+$5.03M
5
RDN icon
Radian Group
RDN
+$2.8M

Sector Composition

Rank Sector Weight
1 Financials 3.62%
2 Materials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FXI icon
1
iShares China Large-Cap ETF
FXI
$4.31B
$91.1M 31.67%
+2,379,222
New +$95.3M
GLD icon
2
SPDR Gold Trust
GLD
$131B
$59M 20.51%
507,412
+375,600
+285% +$46.3M
VXX
3
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
$33.8M 11.75%
+67,757
New +$31.3M
EEM icon
4
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
$18.7M 6.52%
451,000
+11,000
+3% +$486K
KRE icon
5
State Street SPDR S&P Regional Banking ETF
KRE
$4.86B
$14.8M 5.13%
+390,000
New +$15.2M
EEM icon
6
iShares MSCI Emerging Markets ETF
EEM
$28B
$13.9M 4.83%
334,000
+114,000
+52% +$5.04M
GG
7
CALL
DELISTED
Goldcorp Inc
GG
$12.4M 4.32%
540,000
-1,080,000
-67% -$29M
VXX
8
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
$11.1M 3.85%
22,188
+15,938
+255% +$7.37M
XLK icon
9
State Street Technology Select Sector SPDR ETF
XLK
$115B
$9.97M 3.47%
+500,000
New +$9.9M
CME icon
10
CME Group
CME
$92.2B
$8.2M 2.85%
102,553
– –
EEM icon
11
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
$7.61M 2.64%
+183,000
New +$8.09M
MCHI icon
12
iShares MSCI China ETF
MCHI
$6.04B
$4.83M 1.68%
102,000
+36,500
+56% +$1.81M
RDN icon
13
Radian Group
RDN
$5.14B
$2.21M 0.77%
154,596
-200,000
-56% -$2.8M
EWZ icon
14
iShares MSCI Brazil ETF
EWZ
$9.05B
– –
-200,000
Closed -$9.56M
PKW icon
15
Invesco BuyBack Achievers ETF
PKW
$1.69B
– –
-1,115,483
Closed -$50M
QQQ icon
16
PUT
Invesco QQQ Trust
QQQ
$455B
– –
-200,000
Closed -$18.8M
SMH icon
17
PUT
VanEck Semiconductor ETF
SMH
$67.6B
– –
-100,000
Closed -$2.48M
VALE icon
18
Vale
VALE
$62.9B
– –
-380,000
Closed -$5.03M
XLF icon
19
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
– –
-1,044,833
Closed -$20.9M

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
GIM
Generation Investment Management London, United Kingdom $11.2B AUM 0.58% 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

Brevan Howard Capital Management's Q3 2014 Portfolio in Review

As of Q3 2014, Brevan Howard Capital Management held 19 positions worth $288M, up 33% from $216M the previous quarter. Its ten largest holdings account for 95% of the portfolio.

Brevan Howard Capital Management deployed $82.3M of net new capital in Q3 2014, opening 5 new positions and adding to 5 existing holdings. Its largest new stake was iShares China Large-Cap ETF: 2,379,222 shares worth $91.1M.

By sector, the portfolio is most concentrated in Financials at 3.6% of assets, down from 5.8% a quarter earlier, followed by Materials.

On the sell side, the largest reduction was Radian Group, an estimated $2.8M trimmed.

  • Brevan Howard Capital Management's largest Q3 2014 buy was iShares China Large-Cap ETF: 2,379,222 shares worth $91.1M.
  • Brevan Howard Capital Management added most to SPDR Gold Trust in Q3 2014, an estimated $46.3M increase.
  • Brevan Howard Capital Management's biggest Q3 2014 reduction was Radian Group, cutting an estimated $2.8M.
  • Brevan Howard Capital Management fully exited Invesco BuyBack Achievers ETF in Q3 2014, selling an estimated $50M.
  • Brevan Howard Capital Management's ten largest holdings make up 95% of its $288M portfolio in Q3 2014.
  • Brevan Howard Capital Management opened 5 new positions and closed 6 in Q3 2014.
  • Brevan Howard Capital Management's portfolio value rose 33% quarter-over-quarter to $288M.

Based on Brevan Howard Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.