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 | |
|---|---|---|---|---|---|---|
451
CALL
Lam Research
LRCX
$382B
| – | – |
-60,000
| Closed | -$3.76M |
|
452
Landstar System
LSTR
$6.8B
| – | – |
-2,620
| Closed | -$464K |
|
453
Lumen
LUMN
$6.53B
| – | – |
-18,685
| Closed | -$26.5K |
|
454
LyondellBasell Industries
LYB
$19.5B
| – | – |
-5,120
| Closed | -$485K |
|
455
CALL
Mastercard
MA
$477B
| – | – |
-17,000
| Closed | -$6.73M |
|
|
456
Mastercard
MA
$477B
| – | – |
-1,080
| Closed | -$428K |
|
|
457
PUT
Mastercard
MA
$477B
| – | – |
-24,000
| Closed | -$9.5M |
|
458
CALL
Marriott International
MAR
$98.7B
| – | – |
-1,600
| Closed | -$314K |
|
459
Masco
MAS
$16B
| – | – |
-9,040
| Closed | -$483K |
|
460
CALL
McDonald's
MCD
$188B
| – | – |
-2,800
| Closed | -$738K |
|
|
461
McDonald's
MCD
$188B
| – | – |
-1,530
| Closed | -$403K |
|
|
462
PUT
McDonald's
MCD
$188B
| – | – |
-2,600
| Closed | -$685K |
|
463
McKesson
MCK
$98.5B
| – | – |
-580
| Closed | -$252K |
|
464
MongoDB
MDB
$24B
| – | – |
-1,400
| Closed | -$484K |
|
465
MDU Resources
MDU
$4.44B
| – | – |
-84,402
| Closed | -$916K |
|
466
Medifast
MED
$108M
| – | – |
-10,400
| Closed | -$778K |
|
467
CALL
MetLife
MET
$61B
| – | – |
-200,000
| Closed | -$12.6M |
|
|
468
MetLife
MET
$61B
| – | – |
-7,760
| Closed | -$488K |
|
469
CALL
Meta Platforms (Facebook)
META
$1.51T
| – | – |
-20,500
| Closed | -$6.15M |
|
|
470
PUT
Meta Platforms (Facebook)
META
$1.51T
| – | – |
-39,100
| Closed | -$11.7M |
|
471
M/I Homes
MHO
$3.83B
| – | – |
-10,420
| Closed | -$876K |
|
|
CALY
472
Callaway Golf Company
CALY
$3.26B
| – | – |
-54,800
| Closed | -$758K |
|
473
Molina Healthcare
MOH
$10.3B
| – | – |
-1,520
| Closed | -$498K |
|
474
Marathon Petroleum
MPC
$90.3B
| – | – |
-3,260
| Closed | -$493K |
|
475
CALL
Merck
MRK
$324B
| – | – |
-9,100
| Closed | -$937K |
|
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.