We are live on ! Find out more
CM

Capula Management Portfolio holdings

AUM $14.1B
1-Year Est. Return 19.14%
This Fund
S&P 500
This Quarter Est. Return
+0.74%
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
$20B
AUM Growth
-$124M
Cap. Flow
+$329M
Cap. Flow %
1.65%
Top 10 Hldgs %
68.14%
Holding
948
New
155
Increased
289
Reduced
312
Closed
138

Top Buys

Rank Stock Value
1
VOO icon
Vanguard S&P 500 ETF
VOO
+$7.4B
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$1.76B
3
IBM icon
IBM
IBM
+$204M
4
BABA icon
Alibaba
BABA
+$169M
5
UBER icon
Uber
UBER
+$111M

Top Sells

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$6.67B
2
MSTR icon
Strategy Inc
MSTR
+$375M
3
UNH icon
UnitedHealth
UNH
+$326M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$279M
5
AMAT icon
Applied Materials
AMAT
+$122M

Sector Composition

Rank Sector Weight
1 Technology 4.56%
2 Consumer Discretionary 2.07%
3 Communication Services 2.06%
4 Financials 1.46%
5 Industrials 0.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWN icon
301
iShares Russell 2000 Value ETF
IWN
$14.4B
$884K ﹤0.01%
+4,880
New +$877K
HLT icon
302
Hilton Worldwide
HLT
$74B
$882K ﹤0.01%
3,071
+3,055
+19,094% +$832K
ABT icon
303
PUT
Abbott
ABT
$180B
$877K ﹤0.01%
7,000
-4,800
-41% -$611K
PEP icon
304
PUT
PepsiCo
PEP
$186B
$875K ﹤0.01%
6,100
-16,600
-73% -$2.44M
SHW icon
305
PUT
Sherwin-Williams
SHW
$78.3B
$875K ﹤0.01%
2,700
+200
+8% +$66.9K
COST icon
306
CALL
Costco
COST
$415B
$862K ﹤0.01%
1,000
-1,000
-50% -$906K
ARES icon
307
Ares Management
ARES
$28.5B
$856K ﹤0.01%
+5,293
New +$825K
AVGO icon
308
Broadcom
AVGO
$1.82T
$847K ﹤0.01%
2,447
-28,338
-92% -$10.1M
PG icon
309
CALL
Procter & Gamble
PG
$343B
$846K ﹤0.01%
5,900
+1,800
+44% +$265K
ABBV icon
310
CALL
AbbVie
ABBV
$458B
$845K ﹤0.01%
3,700
-3,000
-45% -$683K
ALAB icon
311
Astera Labs
ALAB
$50B
$839K ﹤0.01%
5,042
+3,317
+192% +$555K
PLTR icon
312
CALL
Palantir
PLTR
$295B
$835K ﹤0.01%
4,700
-6,800
-59% -$1.23M
DVY icon
313
iShares Select Dividend ETF
DVY
$24B
$831K ﹤0.01%
5,889
-39,396
-87% -$5.56M
CRM icon
314
PUT
Salesforce
CRM
$134B
$821K ﹤0.01%
3,100
-2,700
-47% -$671K
FIG
315
Figma
FIG
$11.2B
$801K ﹤0.01%
21,435
+3,000
+16% +$136K
BMY icon
316
Bristol-Myers Squibb
BMY
$127B
$798K ﹤0.01%
14,795
+10,941
+284% +$526K
INTU icon
317
PUT
Intuit
INTU
$81.1B
$795K ﹤0.01%
1,200
-3,700
-76% -$2.44M
HON icon
318
Honeywell
HON
$77.1B
$785K ﹤0.01%
4,025
+756
+23% +$148K
PSA icon
319
PUT
Public Storage
PSA
$60.2B
$779K ﹤0.01%
3,000
+100
+3% +$28K
ES icon
320
PUT
Eversource Energy
ES
$28.2B
$774K ﹤0.01%
11,500
– –
WFC icon
321
CALL
Wells Fargo
WFC
$261B
$764K ﹤0.01%
8,200
+2,500
+44% +$217K
TJX icon
322
PUT
TJX Companies
TJX
$170B
$753K ﹤0.01%
4,900
-2,700
-36% -$399K
BLK icon
323
PUT
Blackrock
BLK
$164B
$749K ﹤0.01%
700
-500
-42% -$547K
MSCI icon
324
PUT
MSCI
MSCI
$40B
$746K ﹤0.01%
1,300
+100
+8% +$56.1K
CAT icon
325
CALL
Caterpillar
CAT
$409B
$745K ﹤0.01%
1,300
+400
+44% +$222K
11 12
13
14 15

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 Q4 2025 Portfolio in Review

As of Q4 2025, Capula Management held 948 positions worth $20B, down 0.62% from $20.1B the previous quarter. Its ten largest holdings account for 68% of the portfolio.

Capula Management's Q4 2025 filing shows 155 new, 289 increased, 312 reduced and 138 closed positions. Its largest new stake was Alphabet (Google) Class C: 160,000 shares worth $50.2M. The largest sale was iShares Core S&P 500 ETF, an estimated $6.67B.

By sector, the portfolio is most concentrated in Technology at 4.6% of assets, down from 6.3% a quarter earlier, followed by Consumer Discretionary and Communication Services.

  • Capula Management's largest Q4 2025 buy was Alphabet (Google) Class C: 160,000 shares worth $50.2M.
  • Capula Management added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $7.4B increase.
  • Capula Management's biggest Q4 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $6.67B.
  • Capula Management fully exited UnitedHealth in Q4 2025, selling an estimated $326M.
  • Capula Management's ten largest holdings make up 68% of its $20B portfolio in Q4 2025.
  • Capula Management opened 155 new positions and closed 138 in Q4 2025.
  • Capula Management's portfolio value fell 0.62% quarter-over-quarter to $20B.

Based on Capula Management's 13F filing for Q4 2025, filed 13 Feb 2026.