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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 | |
|---|---|---|---|---|---|---|---|
626
PUT
Marathon Petroleum
MPC
$135B
| $317K | ﹤0.01% |
1,300
+200
| +18% | +$40.4K |
2025 Q3
2 quarters
|
|
627
PUT
CSX Corp
CSX
$89.9B
| $316K | ﹤0.01% |
7,700
-400
| -5% | -$15.7K |
2025 Q2
3 quarters
|
|
628
CALL
Union Pacific
UNP
$171B
| $315K | ﹤0.01% |
1,300
-300
| -19% | -$73.5K |
2025 Q1
4 quarters
|
|
629
CALL
NXP Semiconductors
NXPI
$58.2B
| $315K | ﹤0.01% |
1,600
+900
| +129% | +$199K |
2025 Q2
3 quarters
|
|
630
Raymond James Financial
RJF
$30.1B
| $315K | ﹤0.01% |
2,173
+846
| +64% | +$134K |
2025 Q3
2 quarters
|
|
631
PUT
PNC Financial Services
PNC
$86.6B
| $312K | ﹤0.01% |
1,500
-100
| -6% | -$21.8K |
2025 Q1
4 quarters
|
|
632
PUT
Dropbox
DBX
$7.67B
| $311K | ﹤0.01% |
13,700
| – | – |
2025 Q3
2 quarters
|
|
633
PUT
Blackstone
BX
$84.9B
| $310K | ﹤0.01% |
2,700
-1,000
| -27% | -$130K |
2025 Q1
4 quarters
|
|
634
CALL
Charles Schwab
SCHW
$159B
| $310K | ﹤0.01% |
3,300
-700
| -18% | -$68.7K |
2025 Q2
3 quarters
|
|
635
PUT
Liberty Global Class A
LBTYA
$2.69B
| $305K | ﹤0.01% |
+25,200
| New | +$293K |
2026 Q1
0 quarters
|
|
636
CALL
Ford
F
$49.7B
| $304K | ﹤0.01% |
26,300
-139,500
| -84% | -$1.84M |
2025 Q3
2 quarters
|
|
637
PUT
Danaher
DHR
$161B
| $303K | ﹤0.01% |
1,600
-300
| -16% | -$63.9K |
2024 Q1
8 quarters
|
|
638
CALL
Amphenol
APH
$197B
| $303K | ﹤0.01% |
4,800
+1,600
| +50% | +$113K |
2025 Q3
2 quarters
|
|
639
CALL
SLB Ltd
SLB
$73.5B
| $303K | ﹤0.01% |
5,900
+2,200
| +59% | +$107K |
2025 Q1
4 quarters
|
|
640
UDR
UDR
$11B
| $301K | ﹤0.01% |
+8,923
| New | +$328K |
2026 Q1
0 quarters
|
|
641
Blackrock
BLK
$174B
| $301K | ﹤0.01% |
313
+306
| +4,371% | +$322K |
2024 Q4
5 quarters
|
|
642
Flutter Entertainment
FLUT
$13.2B
| $300K | ﹤0.01% |
2,945
-1,508
| -34% | -$217K |
2025 Q1
4 quarters
|
|
643
PUT
TAL Education Group
TAL
$6.61B
| $300K | ﹤0.01% |
+26,400
| New | +$297K |
2026 Q1
0 quarters
|
|
644
CALL
Mastercard
MA
$538B
| $300K | ﹤0.01% |
600
-1,400
| -70% | -$737K |
2025 Q1
4 quarters
|
|
645
PUT
Globalstar
GSAT
$10.7B
| $299K | ﹤0.01% |
4,500
| – | – |
2025 Q3
2 quarters
|
|
646
CALL
KeyCorp
KEY
$21.3B
| $299K | ﹤0.01% |
+14,900
| New | +$312K |
2026 Q1
0 quarters
|
|
647
American Electric Power
AEP
$69B
| $295K | ﹤0.01% |
+2,247
| New | +$281K |
2026 Q1
0 quarters
|
|
648
CALL
Equinix
EQIX
$96.9B
| $294K | ﹤0.01% |
300
-2,400
| -89% | -$2.13M |
2025 Q2
3 quarters
|
|
649
ResMed
RMD
$33.6B
| $292K | ﹤0.01% |
1,303
+175
| +16% | +$43.6K |
2025 Q3
2 quarters
|
|
650
PUT
Phillips 66
PSX
$117B
| $291K | ﹤0.01% |
1,600
+100
| +7% | +$15.7K |
2025 Q2
3 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.