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
+8.68%
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
$20.1B
AUM Growth
+$9.32B
Cap. Flow
+$8.06B
Cap. Flow %
40.12%
Top 10 Hldgs %
64.86%
Holding
920
New
289
Increased
404
Reduced
93
Closed
127

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$1.79B
2
MSTR icon
Strategy Inc
MSTR
+$651M
3
UNH icon
UnitedHealth
UNH
+$291M
4
COIN icon
Coinbase
COIN
+$170M
5
QQQ icon
Invesco QQQ Trust
QQQ
+$151M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$84.6M
2
K
Kellanova
K
+$32.6M
3
BPMC
Blueprint Medicines
BPMC
+$20M
4
ESGR
Enstar Group
ESGR
+$12M
5
APP icon
Applovin
APP
+$10.1M

Sector Composition

Rank Sector Weight
1 Technology 6.26%
2 Healthcare 1.91%
3 Financials 1.84%
4 Consumer Discretionary 1.48%
5 Communication Services 0.76%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TFC icon
601
PUT
Truist Financial
TFC
$63.2B
$206K ﹤0.01%
4,500
+1,500
+50% +$67.6K
CTAS icon
602
PUT
Cintas
CTAS
$82.4B
$205K ﹤0.01%
1,000
+400
+67% +$85.4K
NXPI icon
603
PUT
NXP Semiconductors
NXPI
$68B
$205K ﹤0.01%
900
+300
+50% +$67.5K
SJM icon
604
J.M. Smucker
SJM
$12.6B
$204K ﹤0.01%
+1,880
New +$204K
BRSL
605
Brightstar Lottery PLC
BRSL
$1.91B
$204K ﹤0.01%
+11,804
New +$189K
CEG icon
606
Constellation Energy
CEG
$98B
$202K ﹤0.01%
+614
New +$198K
MRSH
607
CALL
Marsh
MRSH
$86.3B
$202K ﹤0.01%
1,000
+400
+67% +$82.3K
BA icon
608
Boeing
BA
$165B
$200K ﹤0.01%
+928
New +$209K
MDT icon
609
CALL
Medtronic
MDT
$107B
$200K ﹤0.01%
2,100
+700
+50% +$64.3K
LMT icon
610
CALL
Lockheed Martin
LMT
$134B
$200K ﹤0.01%
400
+100
+33% +$45.4K
AXON
611
Axon Enterprise
AXON
$40.5B
$200K ﹤0.01%
+278
New +$211K
CB icon
612
CALL
Chubb
CB
$140B
$198K ﹤0.01%
700
+200
+40% +$55K
TRV icon
613
PUT
Travelers Companies
TRV
$80.8B
$195K ﹤0.01%
+700
New +$187K
A icon
614
Agilent Technologies
A
$39.1B
$191K ﹤0.01%
+1,488
New +$180K
APD icon
615
PUT
Air Products & Chemicals
APD
$66.3B
$191K ﹤0.01%
700
+200
+40% +$57.9K
AFRM icon
616
PUT
Affirm
AFRM
$23.5B
$190K ﹤0.01%
+2,600
New +$198K
DE icon
617
Deere & Co
DE
$170B
$190K ﹤0.01%
415
+346
+501% +$171K
ZM icon
618
CALL
Zoom
ZM
$25.8B
$190K ﹤0.01%
2,300
-47,500
-95% -$3.71M
SPG icon
619
PUT
Simon Property Group
SPG
$74.5B
$188K ﹤0.01%
1,000
+300
+43% +$51.8K
PNR icon
620
Pentair
PNR
$10.2B
$187K ﹤0.01%
+1,687
New +$180K
STLA icon
621
Stellantis
STLA
$16.5B
$185K ﹤0.01%
23,547
+4,394
+23% +$42K
BLK icon
622
Blackrock
BLK
$164B
$184K ﹤0.01%
158
+138
+690% +$154K
RJF icon
623
Raymond James Financial
RJF
$32.5B
$183K ﹤0.01%
+1,062
New +$176K
PLD icon
624
CALL
Prologis
PLD
$138B
$183K ﹤0.01%
1,600
+500
+45% +$55K
DE icon
625
CALL
Deere & Co
DE
$170B
$183K ﹤0.01%
400
+100
+33% +$49.3K
23 24
25
26 27

Similar funds

X
Xponance Philadelphia, Pennsylvania $14.1B AUM 30.11% 1-Year Est. Return
BIP
Brandes Investment Partners La Jolla, California $14.1B AUM 25.52% 1-Year Est. Return
FGP
Freestone Grove Partners San Francisco, California $14.2B AUM 24.58% 1-Year Est. Return
TI
Trexquant Investment Stamford, Connecticut $13.9B AUM 31.98% 1-Year Est. Return
SSA
Schonfeld Strategic Advisors New York $14.2B AUM 37.17% 1-Year Est. Return
SAM
Silvercrest Asset Management New York $13.8B AUM 28.39% 1-Year Est. Return
BBVA
Banco Bilbao Vizcaya Argentaria Madrid, Spain $14.3B AUM 26.23% 1-Year Est. Return
IFP
Independent Franchise Partners London, United Kingdom $14.3B AUM 3.49% 1-Year Est. Return

Capula Management's Q3 2025 Portfolio in Review

As of Q3 2025, Capula Management held 920 positions worth $20.1B, up 87% from $10.8B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Capula Management deployed $8.06B of net new capital in Q3 2025, opening 289 new positions and adding to 404 existing holdings. Its largest new stake was Coinbase: 501,397 shares worth $169M.

By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 0.2% a quarter earlier, followed by Healthcare and Financials.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $84.6M trimmed.

  • Capula Management's largest Q3 2025 buy was Coinbase: 501,397 shares worth $169M.
  • Capula Management added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $1.79B increase.
  • Capula Management's biggest Q3 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $84.6M.
  • Capula Management fully exited Kellanova in Q3 2025, selling an estimated $32.6M.
  • Capula Management's ten largest holdings make up 65% of its $20.1B portfolio in Q3 2025.
  • Capula Management opened 289 new positions and closed 127 in Q3 2025.
  • Capula Management's portfolio value rose 87% quarter-over-quarter to $20.1B.

Based on Capula Management's 13F filing for Q3 2025, filed 14 Nov 2025.