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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 | |
|---|---|---|---|---|---|---|
601
General Motors
GM
$78.8B
| $31.4K | ﹤0.01% |
639
-953
| -60% | -$45.2K |
|
602
Visa
V
$689B
| $30.9K | ﹤0.01% |
87
-1,378
| -94% | -$480K |
|
603
Coca-Cola
KO
$362B
| $30.8K | ﹤0.01% |
435
-3,065
| -88% | -$218K |
|
604
Boston Scientific
BSX
$67.6B
| $30.2K | ﹤0.01% |
281
-962
| -77% | -$97.3K |
|
605
UnitedHealth
UNH
$379B
| $29.9K | ﹤0.01% |
96
-934
| -91% | -$357K |
|
606
Stryker
SYK
$129B
| $29.7K | ﹤0.01% |
75
-275
| -79% | -$103K |
|
607
American International
AIG
$42B
| $29.5K | ﹤0.01% |
+345
| New | +$28.7K |
|
608
O'Reilly Automotive
ORLY
$75.1B
| $28.4K | ﹤0.01% |
315
-630
| -67% | -$57.4K |
|
609
KKR & Co
KKR
$91.3B
| $26.1K | ﹤0.01% |
196
-700
| -78% | -$81.9K |
|
610
Fortinet
FTNT
$112B
| $25.1K | ﹤0.01% |
+237
| New | +$23.9K |
|
611
Cisco
CSCO
$452B
| $22.6K | ﹤0.01% |
326
-3,542
| -92% | -$218K |
|
612
Ecolab
ECL
$76.4B
| $21.6K | ﹤0.01% |
+80
| New | +$20.3K |
|
613
Kinder Morgan
KMI
$70.7B
| $21.4K | ﹤0.01% |
+727
| New | +$20K |
|
614
Intercontinental Exchange
ICE
$84.1B
| $21.3K | ﹤0.01% |
116
-385
| -77% | -$66.2K |
|
615
Blackrock
BLK
$165B
| $21K | ﹤0.01% |
20
-195
| -91% | -$184K |
|
616
American Tower
AMT
$77.7B
| $19.2K | ﹤0.01% |
87
-283
| -76% | -$61.1K |
|
617
Airbnb
ABNB
$87.2B
| $16.5K | ﹤0.01% |
+125
| New | +$15.8K |
|
618
Mobileye
MBLY
$2.02B
| $8.54K | ﹤0.01% |
+475
| New | +$7.26K |
|
619
Williams Companies
WMB
$86.6B
| $7.66K | ﹤0.01% |
+122
| New | +$7.2K |
|
620
Cintas
CTAS
$84.4B
| $7.13K | ﹤0.01% |
+32
| New | +$6.89K |
|
621
Chipotle Mexican Grill
CMG
$42.6B
| $6.85K | ﹤0.01% |
122
-1,499
| -92% | -$76.3K |
|
622
RH
RH
$3.4B
| $6.8K | ﹤0.01% |
36
+4
| +13% | +$743 |
|
623
Philip Morris
PM
$305B
| $6.01K | ﹤0.01% |
33
-1,170
| -97% | -$201K |
|
624
Rivian
RIVN
$23.9B
| $5.52K | ﹤0.01% |
402
-21,460
| -98% | -$291K |
|
625
Cadence Design Systems
CDNS
$93.4B
| $4.62K | ﹤0.01% |
15
-313
| -95% | -$91K |
|
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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.