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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
-3.58%
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
$14.1B
AUM Growth
-$5.9B
(-30%)
Cap. Flow
-$5.17B
Cap. Flow
% of AUM
-36.75%
Top 10 Holdings %
Top 10 Hldgs %
79.37%
Holding
1,232
New
420
Increased
312
Reduced
280
Closed
164
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 |
CWAN
Clearwater Analytics
CWAN
|
+$60.4M |
| 4 |
FOLD
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 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$207M |
| 4 |
Alibaba
BABA
|
+$201M |
| 5 |
IBM
IBM
|
+$184M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.36% |
| 2 | Healthcare | 1.29% |
| 3 | Communication Services | 1.11% |
| 4 | Consumer Discretionary | 1.06% |
| 5 | Industrials | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
PUT
Amphenol
APH
$185B
| $531K | ﹤0.01% |
4,200
+2,800
| +200% | +$394K |
|
|
MRSH
502
Marsh
MRSH
$87.7B
| $528K | ﹤0.01% |
+3,043
| New | +$547K |
|
503
ServiceNow
NOW
$108B
| $525K | ﹤0.01% |
5,021
+3,596
| +252% | +$423K |
|
504
PUT
Air Products & Chemicals
APD
$66.1B
| $523K | ﹤0.01% |
1,800
+1,100
| +157% | +$303K |
|
505
VanEck Vietnam ETF
VNM
$502M
| $520K | ﹤0.01% |
+30,048
| New | +$551K |
|
|
506
PUT
AES
AES
$10.6B
| $516K | ﹤0.01% |
36,600
| – | – |
|
507
Trip.com Group
TCOM
$27.8B
| $516K | ﹤0.01% |
+10,355
| New | +$604K |
|
508
CALL
Qualcomm
QCOM
$180B
| $515K | ﹤0.01% |
4,000
-16,900
| -81% | -$2.47M |
|
509
PUT
Zoom
ZM
$26.7B
| $514K | ﹤0.01% |
6,400
-15,800
| -71% | -$1.32M |
|
510
CALL
Lam Research
LRCX
$384B
| $513K | ﹤0.01% |
2,400
-38,300
| -94% | -$8.56M |
|
511
CALL
Genuine Parts
GPC
$16.8B
| $508K | ﹤0.01% |
+4,800
| New | +$594K |
|
|
512
PUT
Genuine Parts
GPC
$16.8B
| $508K | ﹤0.01% |
+4,800
| New | +$594K |
|
513
PUT
Occidental Petroleum
OXY
$54.9B
| $507K | ﹤0.01% |
+7,800
| New | +$392K |
|
514
CALL
Citizens Financial Group
CFG
$30.2B
| $504K | ﹤0.01% |
+8,400
| New | +$516K |
|
|
515
PUT
Citizens Financial Group
CFG
$30.2B
| $504K | ﹤0.01% |
+8,400
| New | +$516K |
|
516
PUT
Arista Networks
ANET
$213B
| $503K | ﹤0.01% |
4,100
-1,500
| -27% | -$201K |
|
517
Microchip Technology
MCHP
$43.7B
| $501K | ﹤0.01% |
+7,751
| New | +$557K |
|
|
OKLO
518
CALL
Oklo
OKLO
$7.22B
| $496K | ﹤0.01% |
+10,000
| New | +$719K |
|
519
CALL
Linde
LIN
$237B
| $496K | ﹤0.01% |
1,000
-200
| -17% | -$94.4K |
|
520
CALL
Wells Fargo
WFC
$261B
| $494K | ﹤0.01% |
6,200
-2,000
| -24% | -$172K |
|
521
Sherwin-Williams
SHW
$79.8B
| $490K | ﹤0.01% |
1,530
-179
| -10% | -$61.6K |
|
522
PUT
Equinix
EQIX
$100B
| $490K | ﹤0.01% |
500
-2,000
| -80% | -$1.78M |
|
523
PUT
Newmont
NEM
$95.2B
| $487K | ﹤0.01% |
4,500
+2,500
| +125% | +$288K |
|
524
CALL
Oracle
ORCL
$350B
| $485K | ﹤0.01% |
3,300
-50,900
| -94% | -$8.27M |
|
525
Citigroup
C
$216B
| $483K | ﹤0.01% |
4,257
-8,644
| -67% | -$984K |
|
Similar funds
X
ETC
BIP
FGP
BPC
TI
SSA
SAM
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 $5.17B 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 Technology at 2.4% of assets, down from 4.6% a quarter earlier, followed by Healthcare and Communication Services.
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.