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Capula Management Portfolio holdings

AUM $14.1B
1-Year Est. Return 19.14%
This Fund
S&P 500
This Quarter Est. Return
+8.68%
1 Year Est. Return
+19.14%
3 Year Est. Return
+85.66%
5 Year Est. Return
+76.65%
10 Year Est. Return
+131.38%
AUM
$20.1B
AUM Growth
+$9.32B
Cap. Flow
+$8.06B
Cap. Flow %
40.12%
Top 10 Hldgs %
64.86%
Holding
920
New
289
Increased
404
Reduced
93
Closed
127

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$1.79B
2
MSTR icon
Strategy Inc
MSTR
+$651M
3
UNH icon
UnitedHealth
UNH
+$291M
4
COIN icon
Coinbase
COIN
+$170M
5
QQQ icon
Invesco QQQ Trust
QQQ
+$151M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$84.6M
2
K
Kellanova
K
+$32.6M
3
BPMC
Blueprint Medicines
BPMC
+$20M
4
ESGR
Enstar Group
ESGR
+$12M
5
APP icon
Applovin
APP
+$10.1M

Sector Composition

Rank Sector Weight
1 Technology 6.26%
2 Healthcare 1.91%
3 Financials 1.84%
4 Consumer Discretionary 1.48%
5 Communication Services 0.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CAT icon
276
PUT
Caterpillar
CAT
$409B
$1.67M 0.01%
3,500
+2,100
+150% +$897K
INFY icon
277
Infosys
INFY
$45B
$1.63M 0.01%
100,402
+47,109
+88% +$811K
IBN icon
278
ICICI Bank
IBN
$106B
$1.63M 0.01%
54,000
-29,795
-36% -$973K
HOOD icon
279
CALL
Robinhood
HOOD
$85.2B
$1.63M 0.01%
+11,400
New +$1.24M
BTSG icon
280
BrightSpring Health Services
BTSG
$14.3B
$1.62M 0.01%
+54,942
New +$1.28M
WULF icon
281
CALL
TeraWulf
WULF
$9.15B
$1.61M 0.01%
+141,000
New +$1.08M
WULF icon
282
PUT
TeraWulf
WULF
$9.15B
$1.61M 0.01%
+141,000
New +$1.08M
ORCL icon
283
Oracle
ORCL
$331B
$1.6M 0.01%
+5,688
New +$1.45M
NU icon
284
Nu Holdings
NU
$68.1B
$1.6M 0.01%
+99,800
New +$1.39M
ABT icon
285
PUT
Abbott
ABT
$180B
$1.58M 0.01%
11,800
+8,100
+219% +$1.06M
GTX icon
286
Garrett Motion
GTX
$5.9B
$1.57M 0.01%
+115,107
New +$1.46M
UAL icon
287
United Airlines
UAL
$38.4B
$1.57M 0.01%
16,234
-7,744
-32% -$745K
VRTX icon
288
PUT
Vertex Pharmaceuticals
VRTX
$121B
$1.57M 0.01%
4,000
+3,700
+1,233% +$1.55M
NET icon
289
Cloudflare
NET
$93B
$1.56M 0.01%
+7,272
New +$1.48M
MS icon
290
PUT
Morgan Stanley
MS
$337B
$1.56M 0.01%
9,800
+6,400
+188% +$945K
ABBV icon
291
CALL
AbbVie
ABBV
$458B
$1.55M 0.01%
6,700
+4,700
+235% +$957K
URBN icon
292
Urban Outfitters
URBN
$5.99B
$1.53M 0.01%
21,466
-20,792
-49% -$1.53M
ASHR icon
293
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.35B
$1.52M 0.01%
46,096
+26,620
+137% +$801K
MCD icon
294
PUT
McDonald's
MCD
$188B
$1.52M 0.01%
5,000
+3,300
+194% +$1M
TXN icon
295
Texas Instruments
TXN
$255B
$1.51M 0.01%
8,245
+8,026
+3,665% +$1.57M
GRAB icon
296
PUT
Grab
GRAB
$13.5B
$1.5M 0.01%
+250,000
New +$1.33M
XLV icon
297
State Street Health Care Select Sector SPDR ETF
XLV
$42B
$1.49M 0.01%
+10,696
New +$1.45M
TMUS icon
298
CALL
T-Mobile US
TMUS
$193B
$1.48M 0.01%
6,200
+5,700
+1,140% +$1.38M
T icon
299
PUT
AT&T
T
$165B
$1.48M 0.01%
52,300
+37,100
+244% +$1.05M
GEV icon
300
PUT
GE Vernova
GEV
$270B
$1.48M 0.01%
2,400
+1,300
+118% +$788K
10 11
12
13 14

Similar funds

X
Xponance Philadelphia, Pennsylvania $14.1B AUM 30.11% 1-Year Est. Return
BIP
Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return
FGP
Freestone Grove Partners San Francisco, California $14.2B AUM 24.58% 1-Year Est. Return
TI
Trexquant Investment Stamford, Connecticut $13.9B AUM 31.98% 1-Year Est. Return
SSA
Schonfeld Strategic Advisors New York $14.2B AUM 37.17% 1-Year Est. Return
SAM
Silvercrest Asset Management New York $13.8B AUM 28.39% 1-Year Est. Return
BBVA
Banco Bilbao Vizcaya Argentaria Madrid, Spain $14.3B AUM 26.23% 1-Year Est. Return
IFP
Independent Franchise Partners London, United Kingdom $14.3B AUM 3.49% 1-Year Est. Return

Capula Management's Q3 2025 Portfolio in Review

As of Q3 2025, Capula Management held 920 positions worth $20.1B, up 87% from $10.8B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Capula Management deployed $8.06B of net new capital in Q3 2025, opening 289 new positions and adding to 404 existing holdings. Its largest new stake was Coinbase: 501,397 shares worth $169M.

By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 0.2% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $84.6M trimmed.

  • Capula Management's largest Q3 2025 buy was Coinbase: 501,397 shares worth $169M.
  • Capula Management added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $1.79B increase.
  • Capula Management's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $84.6M.
  • Capula Management fully exited Kellanova in Q3 2025, selling an estimated $32.6M.
  • Capula Management's ten largest holdings make up 65% of its $20.1B portfolio in Q3 2025.
  • Capula Management opened 289 new positions and closed 127 in Q3 2025.
  • Capula Management's portfolio value rose 87% quarter-over-quarter to $20.1B.

Based on Capula Management's 13F filing for Q3 2025, filed 14 Nov 2025.