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
O icon
376
Realty Income
O
$61.2B
$516K ﹤0.01%
9,149
+4,087
+81% +$237K
LIN icon
377
CALL
Linde
LIN
$237B
$512K ﹤0.01%
1,200
-1,000
-45% -$428K
ISRG icon
378
CALL
Intuitive Surgical
ISRG
$121B
$510K ﹤0.01%
900
-800
-47% -$426K
CMCSA icon
379
PUT
Comcast
CMCSA
$79.1B
$504K ﹤0.01%
18,000
-21,000
-54% -$599K
IBM icon
380
CALL
IBM
IBM
$202B
$504K ﹤0.01%
1,700
– –
BAC icon
381
CALL
Bank of America
BAC
$435B
$501K ﹤0.01%
9,100
-600
-6% -$31.7K
BNY
382
Bank of New York Mellon
BNY
$108B
$498K ﹤0.01%
+4,288
New +$474K
EWM icon
383
iShares MSCI Malaysia ETF
EWM
$305M
$495K ﹤0.01%
18,090
+3,510
+24% +$92.6K
COF icon
384
PUT
Capital One
COF
$124B
$485K ﹤0.01%
2,000
-1,100
-35% -$245K
CAG icon
385
Conagra Brands
CAG
$7.07B
$484K ﹤0.01%
27,963
+23,338
+505% +$414K
LMT icon
386
PUT
Lockheed Martin
LMT
$134B
$484K ﹤0.01%
1,000
+200
+25% +$95.7K
SYY icon
387
Sysco
SYY
$39.7B
$481K ﹤0.01%
6,534
+3,095
+90% +$235K
ES icon
388
Eversource Energy
ES
$28.2B
$479K ﹤0.01%
7,112
+2,005
+39% +$141K
PGR icon
389
PUT
Progressive
PGR
$124B
$478K ﹤0.01%
2,100
-3,600
-63% -$813K
GS icon
390
Goldman Sachs
GS
$313B
$478K ﹤0.01%
544
-285
-34% -$233K
LBTYK icon
391
Liberty Global Class C
LBTYK
$3.27B
$475K ﹤0.01%
43,029
– –
DE icon
392
PUT
Deere & Co
DE
$170B
$466K ﹤0.01%
1,000
+200
+25% +$93.9K
INTU icon
393
CALL
Intuit
INTU
$81.1B
$464K ﹤0.01%
700
-700
-50% -$463K
NTAP icon
394
PUT
NetApp
NTAP
$32.9B
$460K ﹤0.01%
4,300
– –
T icon
395
AT&T
T
$165B
$460K ﹤0.01%
18,538
+6,019
+48% +$152K
NOW icon
396
CALL
ServiceNow
NOW
$102B
$460K ﹤0.01%
3,000
-1,000
-25% -$172K
RMD icon
397
PUT
ResMed
RMD
$28.3B
$458K ﹤0.01%
1,900
+100
+6% +$25.6K
GEV icon
398
CALL
GE Vernova
GEV
$270B
$457K ﹤0.01%
700
+200
+40% +$122K
V icon
399
Visa
V
$677B
$456K ﹤0.01%
1,301
-3,603
-73% -$1.23M
ACN icon
400
CALL
Accenture
ACN
$89.9B
$456K ﹤0.01%
1,700
+500
+42% +$127K
14 15
16
17 18

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.