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Capula Management Portfolio holdings
AUM
$28B
Turnover
51.43%
1-Year Est. Return
22.67%
This Fund
S&P 500
This Quarter
Est. Return
-3.58%
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
$14.1B
AUM Growth
-$5.9B
(-30%)
Cap. Flow
-$3.39B
Cap. Flow
% of AUM
-24.11%
Top 10 Holdings %
Top 10 Hldgs %
79.37%
Holding
1,232
New
420
Increased
312
Reduced
280
Closed
164
Avg Time Held Equity + Options
0.6
years
Top 10 Avg Time Held Equity + Options
0.4
years
Top 20 Avg Time Held Equity + Options
0.3
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.6
years
Top 20 Avg Time Held Equity only
0.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$5.79B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$338M |
| 3 |
Clearwater Analytics
CWAN
|
+$60.4M |
| 4 |
Amicus Therapeutics
FOLD
|
+$45.3M |
| 5 |
AES
AES
|
+$36.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard S&P 500 ETF
VOO
|
+$7.4B |
| 2 |
iShares Bitcoin Trust
IBIT
|
+$471M |
| 3 |
iShares Ethereum Trust ETF
ETHA
|
+$207M |
| 4 |
Alibaba
BABA
|
+$201M |
| 5 |
IBM
IBM
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 91.1% |
| 2 | Technology | 2.36% |
| 3 | Healthcare | 1.29% |
| 4 | Communication Services | 1.11% |
| 5 | Consumer Discretionary | 1.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
476
CALL
AstraZeneca
AZN
$258B
| $572K | ﹤0.01% |
+2,900
| New | +$559K |
2026 Q1
0 quarters
|
|
|
477
PUT
AstraZeneca
AZN
$258B
| $572K | ﹤0.01% |
+2,900
| New | +$559K |
2026 Q1
0 quarters
|
|
478
PUT
SLB Ltd
SLB
$72.9B
| $570K | ﹤0.01% |
11,100
-91,700
| -89% | -$4.45M |
2025 Q1
4 quarters
|
|
479
CALL
Bristol-Myers Squibb
BMY
$124B
| $570K | ﹤0.01% |
+9,400
| New | +$548K |
2026 Q1
0 quarters
|
|
480
CALL
GE Aerospace
GE
$330B
| $568K | ﹤0.01% |
2,000
+600
| +43% | +$189K |
2025 Q1
4 quarters
|
|
481
NXP Semiconductors
NXPI
$59B
| $567K | ﹤0.01% |
+2,882
| New | +$638K |
2026 Q1
0 quarters
|
|
482
CALL
Lowe's Companies
LOW
$112B
| $567K | ﹤0.01% |
2,400
+1,000
| +71% | +$261K |
2025 Q1
4 quarters
|
|
483
PUT
Nu Holdings
NU
$71B
| $565K | ﹤0.01% |
+39,300
| New | +$637K |
2026 Q1
0 quarters
|
|
484
CALL
SiriusXM
SIRI
$9.2B
| $563K | ﹤0.01% |
+24,400
| New | +$524K |
2026 Q1
0 quarters
|
|
485
CALL
Texas Instruments
TXN
$257B
| $563K | ﹤0.01% |
2,900
-14,300
| -83% | -$2.9M |
2024 Q2
7 quarters
|
|
486
CALL
Coca-Cola
KO
$402B
| $563K | ﹤0.01% |
7,400
-1,800
| -20% | -$136K |
2025 Q1
4 quarters
|
|
487
PUT
J.M. Smucker
SJM
$13.7B
| $559K | ﹤0.01% |
5,800
| – | – |
2025 Q3
2 quarters
|
|
488
PUT
Ecolab
ECL
$81.7B
| $559K | ﹤0.01% |
2,100
+1,600
| +320% | +$452K |
2025 Q2
3 quarters
|
|
489
Strategy Inc
MSTR
$59.9B
| $556K | ﹤0.01% |
4,456
-121,832
| -96% | -$17.4M |
2024 Q4
5 quarters
|
|
490
PUT
Accenture
ACN
$139B
| $555K | ﹤0.01% |
2,800
+1,300
| +87% | +$303K |
2024 Q1
8 quarters
|
|
491
Monolithic Power Systems
MPWR
$61B
| $549K | ﹤0.01% |
+502
| New | +$548K |
2026 Q1
0 quarters
|
|
492
PUT
Truist Financial
TFC
$58B
| $547K | ﹤0.01% |
11,900
+6,400
| +116% | +$316K |
2025 Q2
3 quarters
|
|
493
CALL
Applied Materials
AMAT
$330B
| $547K | ﹤0.01% |
1,600
-16,900
| -91% | -$5.68M |
2025 Q1
4 quarters
|
|
494
PUT
Lockheed Martin
LMT
$126B
| $544K | ﹤0.01% |
900
-100
| -10% | -$61.6K |
2025 Q1
4 quarters
|
|
495
CALL
Analog Devices
ADI
$197B
| $541K | ﹤0.01% |
1,700
-13,000
| -88% | -$4.14M |
2025 Q1
4 quarters
|
|
496
CALL
Thermo Fisher Scientific
TMO
$254B
| $541K | ﹤0.01% |
1,100
+200
| +22% | +$109K |
2025 Q1
4 quarters
|
|
497
CALL
Regions Financial
RF
$23.6B
| $538K | ﹤0.01% |
+20,600
| New | +$575K |
2026 Q1
0 quarters
|
|
|
498
PUT
Regions Financial
RF
$23.6B
| $538K | ﹤0.01% |
+20,600
| New | +$575K |
2026 Q1
0 quarters
|
|
499
PUT
Agilent Technologies
A
$49.1B
| $536K | ﹤0.01% |
4,700
+400
| +9% | +$50.7K |
2025 Q3
2 quarters
|
|
500
Cheniere Energy
LNG
$58.7B
| $533K | ﹤0.01% |
1,879
-30,261
| -94% | -$6.99M |
2024 Q3
6 quarters
|
|
Similar funds
Capula Management's Q1 2026 Portfolio in Review
As of Q1 2026, Capula Management held 1,232 positions worth $14.1B, down 30% from $20B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Capula Management withdrew a net $3.39B in Q1 2026, closing 164 positions and reducing 280 holdings. Its most notable exit was iShares Bitcoin Trust, an estimated $471M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, up from 87% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Capula Management opened a new position in Penumbra worth $33.4M.
- Capula Management's largest Q1 2026 buy was Penumbra: 101,779 shares worth $33.4M.
- Capula Management added most to iShares Core S&P 500 ETF in Q1 2026, an estimated $5.79B increase.
- Capula Management's biggest Q1 2026 reduction was Vanguard S&P 500 ETF, cutting an estimated $7.4B.
- Capula Management fully exited iShares Bitcoin Trust in Q1 2026, selling an estimated $471M.
- Capula Management's ten largest holdings make up 79% of its $14.1B portfolio in Q1 2026.
- Capula Management opened 420 new positions and closed 164 in Q1 2026.
- Capula Management's portfolio value fell 30% quarter-over-quarter to $14.1B.
Based on Capula Management's 13F filing for Q1 2026, filed 14 May 2026.