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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
+12.86%
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
$10.8B
AUM Growth
-$7.21B
(-40%)
Cap. Flow
-$9.02B
Cap. Flow
% of AUM
-83.79%
Top 10 Holdings %
Top 10 Hldgs %
86.03%
Holding
894
New
215
Increased
99
Reduced
276
Closed
265
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$578M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$113M |
| 3 |
iShares Bitcoin Trust
IBIT
|
+$97.4M |
| 4 |
ETHA
iShares Ethereum Trust ETF
ETHA
|
+$58.9M |
| 5 |
K
Kellanova
K
|
+$28.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$4.43B |
| 2 |
NVIDIA
NVDA
|
+$693M |
| 3 |
Strategy Inc
MSTR
|
+$473M |
| 4 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$241M |
| 5 |
Uber
UBER
|
+$169M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 0.58% |
| 2 | Financials | 0.52% |
| 3 | Consumer Discretionary | 0.38% |
| 4 | Consumer Staples | 0.33% |
| 5 | Healthcare | 0.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Truist Financial
TFC
$63.7B
| $58.4K | ﹤0.01% |
+1,358
| New | +$53.1K |
|
577
CALL
Oneok
OKE
$56.4B
| $57.1K | ﹤0.01% |
+700
| New | +$58.4K |
|
578
CME Group
CME
$92.3B
| $55.1K | ﹤0.01% |
200
-216
| -52% | -$58.7K |
|
579
EOG Resources
EOG
$74.7B
| $51.2K | ﹤0.01% |
428
-2,196
| -84% | -$251K |
|
580
Automatic Data Processing
ADP
$102B
| $49.7K | ﹤0.01% |
161
-167
| -51% | -$51.3K |
|
581
Progressive
PGR
$125B
| $49.6K | ﹤0.01% |
186
-380
| -67% | -$104K |
|
582
CALL
Target
TGT
$63.8B
| $49.3K | ﹤0.01% |
500
-1,700
| -77% | -$163K |
|
583
CALL
Phillips 66
PSX
$83.3B
| $47.7K | ﹤0.01% |
+400
| New | +$44.8K |
|
584
Intel
INTC
$462B
| $47.3K | ﹤0.01% |
2,110
-66,358
| -97% | -$1.38M |
|
585
Vertex Pharmaceuticals
VRTX
$122B
| $45.9K | ﹤0.01% |
103
-170
| -62% | -$78.3K |
|
586
Air Products & Chemicals
APD
$65.2B
| $45.7K | ﹤0.01% |
162
-72
| -31% | -$19.7K |
|
587
Texas Instruments
TXN
$255B
| $45.5K | ﹤0.01% |
219
-2,189
| -91% | -$389K |
|
588
Ardagh Metal Packaging
AMBP
$2.89B
| $45.1K | ﹤0.01% |
+10,526
| New | +$38.2K |
|
589
Simon Property Group
SPG
$75.1B
| $44.5K | ﹤0.01% |
+277
| New | +$43.8K |
|
590
Linde
LIN
$234B
| $43.2K | ﹤0.01% |
92
-406
| -82% | -$185K |
|
591
Roper Technologies
ROP
$37.1B
| $40.2K | ﹤0.01% |
+71
| New | +$40.1K |
|
592
CALL
Dominion Energy
D
$61.8B
| $39.6K | ﹤0.01% |
+700
| New | +$38.4K |
|
593
Workday
WDAY
$36.4B
| $38.2K | ﹤0.01% |
+159
| New | +$38.7K |
|
594
Apollo Global Management
APO
$71.6B
| $36.6K | ﹤0.01% |
258
-270
| -51% | -$35.8K |
|
595
Deere & Co
DE
$169B
| $35.1K | ﹤0.01% |
69
-193
| -74% | -$94.5K |
|
596
NXP Semiconductors
NXPI
$67.6B
| $35K | ﹤0.01% |
+160
| New | +$31.3K |
|
597
Walmart Inc
WMT
$889B
| $33.7K | ﹤0.01% |
345
-5,793
| -94% | -$552K |
|
598
RTX Corp
RTX
$294B
| $32.9K | ﹤0.01% |
225
-1,162
| -84% | -$155K |
|
599
iShares Russell 2000 ETF
IWM
$80.3B
| $32.4K | ﹤0.01% |
150
-19,850
| -99% | -$3.99M |
|
600
Abbott
ABT
$182B
| $32.2K | ﹤0.01% |
237
-1,343
| -85% | -$177K |
|
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Capula Management's Q2 2025 Portfolio in Review
As of Q2 2025, Capula Management held 894 positions worth $10.8B, down 40% from $18B the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Capula Management withdrew a net $9.02B in Q2 2025, closing 265 positions and reducing 276 holdings. Its most notable exit was NVIDIA, an estimated $693M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 0.58% of assets, down from 0.99% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Capula Management opened a new position in Blueprint Medicines worth $20M.
- Capula Management's largest Q2 2025 buy was Blueprint Medicines: 156,114 shares worth $20M.
- Capula Management added most to State Street SPDR S&P 500 ETF Trust in Q2 2025, an estimated $578M increase.
- Capula Management's biggest Q2 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $4.43B.
- Capula Management fully exited NVIDIA in Q2 2025, selling an estimated $693M.
- Capula Management's ten largest holdings make up 86% of its $10.8B portfolio in Q2 2025.
- Capula Management opened 215 new positions and closed 265 in Q2 2025.
- Capula Management's portfolio value fell 40% quarter-over-quarter to $10.8B.
Based on Capula Management's 13F filing for Q2 2025, filed 13 Aug 2025.