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
+11.82%
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
$2.5B
AUM Growth
-$2.27B
(-48%)
Cap. Flow
-$2.63B
Cap. Flow
% of AUM
-105.51%
Top 10 Holdings %
Top 10 Hldgs %
80.1%
Holding
639
New
139
Increased
32
Reduced
114
Closed
353
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$117M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$26.7M |
| 3 |
State Street Real Estate Select Sector SPDR ETF
XLRE
|
+$20.4M |
| 4 |
VanEck Semiconductor ETF
SMH
|
+$13.3M |
| 5 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$12.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ATVI
Activision Blizzard
ATVI
|
+$33.7M |
| 2 |
Apple
AAPL
|
+$30.5M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$30.1M |
| 4 |
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
|
+$28M |
| 5 |
United Parcel Service
UPS
|
+$18.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 11.97% |
| 2 | Consumer Discretionary | 5.27% |
| 3 | Energy | 1.73% |
| 4 | Technology | 1.28% |
| 5 | Financials | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
PUT
Goldman Sachs
GS
$313B
| – | – |
-11,000
| Closed | -$3.56M |
|
402
Guidewire Software
GWRE
$11.5B
| – | – |
-5,220
| Closed | -$470K |
|
403
HCA Healthcare
HCA
$84.8B
| – | – |
-1,980
| Closed | -$487K |
|
404
CALL
Home Depot
HD
$332B
| – | – |
-3,600
| Closed | -$1.09M |
|
|
405
Home Depot
HD
$332B
| – | – |
-3,842
| Closed | -$1.16M |
|
|
406
PUT
Home Depot
HD
$332B
| – | – |
-3,600
| Closed | -$1.09M |
|
407
HNI Corp
HNI
$3B
| – | – |
-34,380
| Closed | -$1.19M |
|
408
CALL
Honeywell
HON
$77.1B
| – | – |
-5,411
| Closed | -$942K |
|
|
409
Honeywell
HON
$77.1B
| – | – |
-336
| Closed | -$58.6K |
|
|
410
PUT
Honeywell
HON
$77.1B
| – | – |
-2,971
| Closed | -$517K |
|
411
CALL
HP
HPQ
$23.5B
| – | – |
-75,000
| Closed | -$1.93M |
|
|
412
HP
HPQ
$23.5B
| – | – |
-6,032
| Closed | -$155K |
|
|
413
PUT
HP
HPQ
$23.5B
| – | – |
-75,000
| Closed | -$1.93M |
|
414
Huntsman Corp
HUN
$2.24B
| – | – |
-19,720
| Closed | -$481K |
|
415
CALL
IBM
IBM
$202B
| – | – |
-16,800
| Closed | -$2.36M |
|
|
416
IBM
IBM
$202B
| – | – |
-15,947
| Closed | -$2.24M |
|
|
417
PUT
IBM
IBM
$202B
| – | – |
-57,200
| Closed | -$8.03M |
|
418
International Seaways
INSW
$4.57B
| – | – |
-21,720
| Closed | -$977K |
|
419
CALL
Intel
INTC
$466B
| – | – |
-54,100
| Closed | -$1.92M |
|
420
Iovance Biotherapeutics
IOVA
$2.23B
| – | – |
-140,060
| Closed | -$637K |
|
421
Iridium Communications
IRDM
$4.85B
| – | – |
-10,620
| Closed | -$483K |
|
422
CALL
Intuitive Surgical
ISRG
$121B
| – | – |
-2,500
| Closed | -$731K |
|
|
423
PUT
Intuitive Surgical
ISRG
$121B
| – | – |
-23,400
| Closed | -$6.84M |
|
424
CALL
iShares US Home Construction ETF
ITB
$2.41B
| – | – |
-300,000
| Closed | -$23.5M |
|
|
425
PUT
iShares US Home Construction ETF
ITB
$2.41B
| – | – |
-300,000
| Closed | -$23.5M |
|
Similar funds
X
BIP
FGP
TI
SSA
SAM
BBVA
IFP
Capula Management's Q4 2023 Portfolio in Review
As of Q4 2023, Capula Management held 639 positions worth $2.5B, down 48% from $4.77B the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Capula Management withdrew a net $2.63B in Q4 2023, closing 353 positions and reducing 114 holdings. Its most notable exit was Activision Blizzard, an estimated $33.7M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 12% of assets, up from 6% a quarter earlier, followed by Consumer Discretionary and Energy.
Against the trend, Capula Management opened a new position in iShares iBoxx $ High Yield Corporate Bond ETF worth $122M.
- Capula Management's largest Q4 2023 buy was iShares iBoxx $ High Yield Corporate Bond ETF: 1,574,000 shares worth $122M.
- Capula Management added most to Pioneer Natural Resource Co. in Q4 2023, an estimated $26.7M increase.
- Capula Management's biggest Q4 2023 reduction was Apple, cutting an estimated $30.5M.
- Capula Management fully exited Activision Blizzard in Q4 2023, selling an estimated $33.7M.
- Capula Management's ten largest holdings make up 80% of its $2.5B portfolio in Q4 2023.
- Capula Management opened 139 new positions and closed 353 in Q4 2023.
- Capula Management's portfolio value fell 48% quarter-over-quarter to $2.5B.
Based on Capula Management's 13F filing for Q4 2023, filed 12 Feb 2024.