We are live on ! Find out more
BHCM

Brevan Howard Capital Management Portfolio holdings

AUM $11.3B
1-Year Est. Return 35.84%
This Fund
S&P 500
This Quarter Est. Return
+16.12%
1 Year Est. Return
+35.84%
3 Year Est. Return
+106.49%
5 Year Est. Return
+80.14%
10 Year Est. Return
–
AUM
$17.3B
AUM Growth
+$6.88B
Cap. Flow
+$6.5B
Cap. Flow %
37.62%
Top 10 Hldgs %
46.83%
Holding
2,057
New
934
Increased
622
Reduced
249
Closed
240

Top Buys

Rank Stock Value
1
IVVB icon
iShares Large Cap Deep Quarterly Laddered ETF
IVVB
+$1.81B
2
IBIT icon
iShares Bitcoin Trust
IBIT
+$893M
3
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$144M
4
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$111M
5
AMZN icon
Amazon
AMZN
+$89.6M

Top Sells

Rank Stock Value
1
EEM icon
iShares MSCI Emerging Markets ETF
EEM
+$189M
2
NVDA icon
NVIDIA
NVDA
+$73.1M
3
PFE icon
Pfizer
PFE
+$48.6M
4
BLK icon
Blackrock
BLK
+$41.2M
5
AAPL icon
Apple
AAPL
+$37.7M

Sector Composition

Rank Sector Weight
1 Technology 6.5%
2 Financials 6.1%
3 Industrials 4.6%
4 Consumer Discretionary 3.96%
5 Communication Services 3.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IBIT icon
1
iShares Bitcoin Trust
IBIT
$47.2B
$2.3B 13.29%
37,506,057
+15,938,935
+74% +$893M
META icon
2
CALL
Meta Platforms (Facebook)
META
$1.51T
$1.18B 6.84%
+1,600,000
New +$989M
AMZN icon
3
CALL
Amazon
AMZN
$2.5T
$981M 5.68%
+4,470,000
New +$885M
GOOG icon
4
CALL
Alphabet (Google) Class C
GOOG
$3.9T
$724M 4.19%
+4,080,000
New +$674M
HYG icon
5
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$645M 3.74%
8,000,000
+2,782,200
+53% +$219M
MSFT icon
6
CALL
Microsoft
MSFT
$2.84T
$622M 3.6%
+1,249,900
New +$543M
IVVB icon
7
iShares Large Cap Deep Quarterly Laddered ETF
IVVB
$125M
$461M 2.67%
+60,706,457
New +$1.81B
GOOGL icon
8
CALL
Alphabet (Google) Class A
GOOGL
$3.91T
$425M 2.46%
+2,409,500
New +$394M
EEM icon
9
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
$384M 2.22%
7,950,000
-69,892,000
-90% -$3.14B
QQQ icon
10
CALL
Invesco QQQ Trust
QQQ
$455B
$372M 2.16%
+675,000
New +$336M
EEM icon
11
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
$357M 2.07%
+7,400,000
New +$333M
IWM icon
12
PUT
iShares Russell 2000 ETF
IWM
$80.9B
$339M 1.96%
1,571,000
+171,000
+12% +$34.4M
EWZ icon
13
CALL
iShares MSCI Brazil ETF
EWZ
$9.05B
$250M 1.45%
+8,660,000
New +$234M
SPY icon
14
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
$198M 1.14%
320,000
-80,000
-20% -$45.7M
HYG icon
15
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$166M 0.96%
+2,062,000
New +$162M
GOOGL icon
16
Alphabet (Google) Class A
GOOGL
$3.91T
$157M 0.91%
889,880
+876,800
+6,703% +$144M
MSFT icon
17
Microsoft
MSFT
$2.84T
$130M 0.75%
260,505
+111,896
+75% +$48.6M
PLTR icon
18
Palantir
PLTR
$295B
$128M 0.74%
941,874
+665,169
+240% +$78M
MSFT icon
19
PUT
Microsoft
MSFT
$2.84T
$124M 0.72%
+249,800
New +$108M
HYG icon
20
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
$117M 0.68%
1,455,000
+1,405,895
+2,863% +$111M
AMZN icon
21
Amazon
AMZN
$2.5T
$105M 0.61%
477,123
+452,800
+1,862% +$89.6M
JPM icon
22
CALL
JPMorgan Chase
JPM
$939B
$95.2M 0.55%
+328,500
New +$83.8M
WFC icon
23
CALL
Wells Fargo
WFC
$261B
$94.7M 0.55%
+1,175,400
New +$84.7M
APP icon
24
Applovin
APP
$132B
$92.3M 0.53%
+263,755
New +$85.5M
TLT icon
25
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
$88.3M 0.51%
+1,000,000
New +$87.2M
1
2 3 4 5

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 Q2 2025 Portfolio in Review

As of Q2 2025, Brevan Howard Capital Management held 2,057 positions worth $17.3B, up 66% from $10.4B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Brevan Howard Capital Management deployed $6.5B of net new capital in Q2 2025, opening 934 new positions and adding to 622 existing holdings. Its largest new stake was iShares Large Cap Deep Quarterly Laddered ETF: 60,706,457 shares worth $461M.

By sector, the portfolio is most concentrated in Technology at 6.5% of assets, up from 4.6% a quarter earlier, followed by Financials and Industrials.

On the sell side, the largest reduction was NVIDIA, an estimated $73.1M trimmed.

  • Brevan Howard Capital Management's largest Q2 2025 buy was iShares Large Cap Deep Quarterly Laddered ETF: 60,706,457 shares worth $461M.
  • Brevan Howard Capital Management added most to iShares Bitcoin Trust in Q2 2025, an estimated $893M increase.
  • Brevan Howard Capital Management's biggest Q2 2025 reduction was NVIDIA, cutting an estimated $73.1M.
  • Brevan Howard Capital Management fully exited iShares MSCI Emerging Markets ETF in Q2 2025, selling an estimated $189M.
  • Brevan Howard Capital Management's ten largest holdings make up 47% of its $17.3B portfolio in Q2 2025.
  • Brevan Howard Capital Management opened 934 new positions and closed 240 in Q2 2025.
  • Brevan Howard Capital Management's portfolio value rose 66% quarter-over-quarter to $17.3B.

Based on Brevan Howard Capital Management's 13F filing for Q2 2025, filed 14 Aug 2025.