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Capula Management Portfolio holdings
AUM
$28B
1-Year Est. Return
22.67%
This Fund
S&P 500
This Quarter
Est. Return
+16.2%
1 Year Est. Return
+22.67%
3 Year Est. Return
+90.67%
5 Year Est. Return
+93.79%
10 Year Est. Return
+167.22%
AUM
$28B
AUM Growth
+$13.9B
(+99%)
Cap. Flow
+$13.1B
Cap. Flow
% of AUM
46.94%
Top 10 Holdings %
Top 10 Hldgs %
73.32%
Holding
1,190
New
122
Increased
162
Reduced
335
Closed
490
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$7.98B |
| 2 |
NOVTU
Novanta Inc Units
NOVTU
|
+$1.24B |
| 3 |
PPLC
PPL Corp Corporate Units
PPLC
|
+$1.11B |
| 4 |
NEE.PRV
NextEra Energy Inc 7.375% Corporate Units
NEE.PRV
|
+$1.08B |
| 5 |
Alibaba
BABA
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.13B |
| 2 |
CWAN
Clearwater Analytics
CWAN
|
+$63.3M |
| 3 |
FOLD
Amicus Therapeutics
FOLD
|
+$46.2M |
| 4 |
SEE
Sealed Air
SEE
|
+$38.6M |
| 5 |
HOLX
Hologic
HOLX
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 86.78% |
| 2 | Technology | 4.48% |
| 3 | Consumer Discretionary | 3.01% |
| 4 | Industrials | 1.78% |
| 5 | Healthcare | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
Arm
ARM
$269B
| $461K | ﹤0.01% |
1,300
| – | – |
|
402
PUT
Thermo Fisher Scientific
TMO
$227B
| $451K | ﹤0.01% |
900
-1,000
| -53% | -$480K |
|
403
PUT
Chevron
CVX
$409B
| $448K | ﹤0.01% |
2,700
-32,100
| -92% | -$5.97M |
|
404
PUT
Texas Instruments
TXN
$236B
| $447K | ﹤0.01% |
1,500
-38,100
| -96% | -$10.6M |
|
405
CALL
Booking.com
BKNG
$145B
| $446K | ﹤0.01% |
+2,500
| New | +$426K |
|
406
CALL
Chubb
CB
$132B
| $443K | ﹤0.01% |
1,300
-700
| -35% | -$228K |
|
407
JPMorgan Chase
JPM
$953B
| $442K | ﹤0.01% |
1,351
-9,050
| -87% | -$2.81M |
|
408
Tenable Holdings
TENB
$3.77B
| $439K | ﹤0.01% |
11,916
| – | – |
|
409
CALL
Lyft
LYFT
$6.33B
| $435K | ﹤0.01% |
29,800
| – | – |
|
|
410
PUT
Lyft
LYFT
$6.33B
| $435K | ﹤0.01% |
29,800
| – | – |
|
411
CALL
Altria Group
MO
$115B
| $432K | ﹤0.01% |
6,000
-3,200
| -35% | -$223K |
|
412
PUT
Truist Financial
TFC
$63.1B
| $428K | ﹤0.01% |
8,600
-3,300
| -28% | -$162K |
|
413
PUT
Verizon
VZ
$208B
| $415K | ﹤0.01% |
9,800
-15,800
| -62% | -$741K |
|
414
CALL
Visa
V
$700B
| $412K | ﹤0.01% |
1,200
-1,100
| -48% | -$353K |
|
415
CALL
Bank of America
BAC
$438B
| $410K | ﹤0.01% |
7,200
-12,500
| -63% | -$665K |
|
416
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.56B
| $403K | ﹤0.01% |
+11,004
| New | +$388K |
|
417
iShares US Transportation ETF
IYT
$2.18B
| $398K | ﹤0.01% |
+4,588
| New | +$375K |
|
418
ASML
ASML
$659B
| $398K | ﹤0.01% |
200
-2,339
| -92% | -$3.72M |
|
419
PUT
Bloom Energy
BE
$74.5B
| $394K | ﹤0.01% |
+1,300
| New | +$333K |
|
|
PPL
420
CALL
PPL Corp
PPL
$26.4B
| $393K | ﹤0.01% |
10,800
-600
| -5% | -$22.2K |
|
|
PPL
421
PUT
PPL Corp
PPL
$26.4B
| $393K | ﹤0.01% |
10,800
-600
| -5% | -$22.2K |
|
|
422
CALL
Texas Instruments
TXN
$236B
| $387K | ﹤0.01% |
1,300
-1,600
| -55% | -$444K |
|
423
CALL
AB InBev
BUD
$158B
| $387K | ﹤0.01% |
4,700
| – | – |
|
|
424
Chevron
CVX
$409B
| $386K | ﹤0.01% |
2,331
-2,928
| -56% | -$545K |
|
425
PUT
Nu Holdings
NU
$74.2B
| $386K | ﹤0.01% |
28,900
-10,400
| -26% | -$140K |
|
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CAM
Capula Management's Q2 2026 Portfolio in Review
As of Q2 2026, Capula Management held 1,190 positions worth $28B, up 99% from $14.1B the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Capula Management deployed $13.1B of net new capital in Q2 2026, opening 122 new positions and adding to 162 existing holdings. Its largest new stake was PPL Corp Corporate Units: 22,500,000 shares worth $11M.
By sector, the portfolio is most concentrated in Miscellaneous at 87% of assets, down from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.13B trimmed.
- Capula Management's largest Q2 2026 buy was PPL Corp Corporate Units: 22,500,000 shares worth $11M.
- Capula Management added most to iShares Core S&P 500 ETF in Q2 2026, an estimated $7.98B increase.
- Capula Management's biggest Q2 2026 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.13B.
- Capula Management fully exited Clearwater Analytics in Q2 2026, selling an estimated $63.3M.
- Capula Management's ten largest holdings make up 73% of its $28B portfolio in Q2 2026.
- Capula Management opened 122 new positions and closed 490 in Q2 2026.
- Capula Management's portfolio value rose 99% quarter-over-quarter to $28B.
Based on Capula Management's 13F filing for Q2 2026, filed 14 Aug 2026.