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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
+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
INFY icon
401
Infosys
INFY
$45B
$449K ﹤0.01%
25,220
-75,182
-75% -$1.3M
RL icon
402
Ralph Lauren
RL
$22.2B
$448K ﹤0.01%
+1,268
New +$432K
GLW icon
403
Corning
GLW
$126B
$448K ﹤0.01%
5,111
+2,296
+82% +$198K
KKR icon
404
PUT
KKR & Co
KKR
$89.2B
$446K ﹤0.01%
3,500
+600
+21% +$74.6K
RIOT icon
405
CALL
Riot Platforms
RIOT
$8.52B
$443K ﹤0.01%
35,000
-63,000
-64% -$1.08M
RIOT icon
406
PUT
Riot Platforms
RIOT
$8.52B
$443K ﹤0.01%
35,000
-63,000
-64% -$1.08M
DHR icon
407
PUT
Danaher
DHR
$135B
$435K ﹤0.01%
1,900
+500
+36% +$110K
ABT icon
408
Abbott
ABT
$180B
$434K ﹤0.01%
3,464
+396
+13% +$50.4K
VZ icon
409
CALL
Verizon
VZ
$194B
$432K ﹤0.01%
10,600
+3,400
+47% +$138K
GE icon
410
CALL
GE Aerospace
GE
$367B
$431K ﹤0.01%
1,400
-300
-18% -$90.3K
PEP icon
411
CALL
PepsiCo
PEP
$186B
$431K ﹤0.01%
3,000
-3,600
-55% -$529K
COIN icon
412
CALL
Coinbase
COIN
$41.7B
$430K ﹤0.01%
1,900
-22,200
-92% -$6.62M
BLK icon
413
CALL
Blackrock
BLK
$164B
$428K ﹤0.01%
400
+100
+33% +$109K
FOLD
414
DELISTED
Amicus Therapeutics
FOLD
$427K ﹤0.01%
+30,000
New +$295K
PNR icon
415
PUT
Pentair
PNR
$10.2B
$427K ﹤0.01%
4,100
– –
LIN icon
416
PUT
Linde
LIN
$237B
$426K ﹤0.01%
1,000
-6,300
-86% -$2.7M
T icon
417
CALL
AT&T
T
$165B
$422K ﹤0.01%
17,000
+5,600
+49% +$142K
CRWD icon
418
PUT
CrowdStrike
CRWD
$187B
$422K ﹤0.01%
3,600
-422,400
-99% -$53.8M
UNP icon
419
PUT
Union Pacific
UNP
$183B
$416K ﹤0.01%
1,800
-900
-33% -$205K
TJX icon
420
CALL
TJX Companies
TJX
$170B
$415K ﹤0.01%
2,700
+900
+50% +$133K
HUM icon
421
Humana
HUM
$46.7B
$414K ﹤0.01%
+1,615
New +$423K
BA icon
422
CALL
Boeing
BA
$165B
$413K ﹤0.01%
1,900
+600
+46% +$123K
CRM icon
423
Salesforce
CRM
$134B
$410K ﹤0.01%
1,547
-805
-34% -$200K
CSCO icon
424
CALL
Cisco
CSCO
$450B
$408K ﹤0.01%
5,300
-13,700
-72% -$1.02M
PLTR icon
425
Palantir
PLTR
$295B
$408K ﹤0.01%
2,294
-8,447
-79% -$1.53M
15 16
17
18 19

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.