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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
+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
PSX icon
651
PUT
Phillips 66
PSX
$82.9B
$163K ﹤0.01%
1,200
+400
+50% +$51.2K
DVA icon
652
DaVita
DVA
$15.1B
$163K ﹤0.01%
+1,227
New +$168K
AES icon
653
AES
AES
$10.6B
$163K ﹤0.01%
+12,372
New +$161K
CME icon
654
CALL
CME Group
CME
$92.2B
$162K ﹤0.01%
600
+200
+50% +$54.4K
DBX icon
655
Dropbox
DBX
$6.81B
$162K ﹤0.01%
+5,361
New +$153K
TGT icon
656
PUT
Target
TGT
$62.1B
$161K ﹤0.01%
1,800
-1,700
-49% -$167K
D icon
657
PUT
Dominion Energy
D
$62.5B
$159K ﹤0.01%
2,600
+900
+53% +$53.5K
UPS icon
658
PUT
United Parcel Service
UPS
$97.6B
$159K ﹤0.01%
1,900
-400
-17% -$36.2K
MET icon
659
PUT
MetLife
MET
$61B
$157K ﹤0.01%
+1,900
New +$150K
SYK icon
660
Stryker
SYK
$127B
$156K ﹤0.01%
421
+346
+461% +$134K
WM icon
661
CALL
Waste Management
WM
$95.9B
$155K ﹤0.01%
700
+200
+40% +$45K
BXP icon
662
Boston Properties
BXP
$11B
$151K ﹤0.01%
+2,030
New +$143K
ROP icon
663
CALL
Roper Technologies
ROP
$36.3B
$150K ﹤0.01%
300
+100
+50% +$53.3K
ROP icon
664
PUT
Roper Technologies
ROP
$36.3B
$150K ﹤0.01%
300
+100
+50% +$53.3K
SBUX icon
665
Starbucks
SBUX
$118B
$149K ﹤0.01%
1,757
+865
+97% +$77.4K
USB icon
666
CALL
US Bancorp
USB
$99.6B
$145K ﹤0.01%
3,000
+900
+43% +$42.6K
CVS icon
667
CALL
CVS Health
CVS
$137B
$143K ﹤0.01%
1,900
+700
+58% +$48K
COF icon
668
Capital One
COF
$124B
$142K ﹤0.01%
+670
New +$147K
CB icon
669
PUT
Chubb
CB
$140B
$141K ﹤0.01%
500
-300
-38% -$82.6K
PNC icon
670
CALL
PNC Financial Services
PNC
$100B
$141K ﹤0.01%
700
+200
+40% +$39.6K
CHWY icon
671
Chewy
CHWY
$8.54B
$140K ﹤0.01%
+3,457
New +$133K
MMM icon
672
CALL
3M
MMM
$89B
$140K ﹤0.01%
900
+300
+50% +$46.3K
TRV icon
673
CALL
Travelers Companies
TRV
$80.8B
$140K ﹤0.01%
+500
New +$134K
RTX icon
674
RTX Corp
RTX
$287B
$140K ﹤0.01%
834
+609
+271% +$94.5K
MO icon
675
CALL
Altria Group
MO
$122B
$139K ﹤0.01%
2,100
+200
+11% +$12.7K
25 26
27
28 29

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.