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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 | |
|---|---|---|---|---|---|---|---|
|
651
CALL
IBM
IBM
$219B
| $291K | ﹤0.01% |
1,200
-500
| -29% | -$135K |
2025 Q1
4 quarters
|
|
652
PUT
Colgate-Palmolive
CL
$74.7B
| $290K | ﹤0.01% |
3,400
+1,900
| +127% | +$169K |
2025 Q1
4 quarters
|
|
653
CALL
Vistra
VST
$51.8B
| $286K | ﹤0.01% |
1,900
+1,100
| +138% | +$178K |
2025 Q2
3 quarters
|
|
654
PUT
HCA Healthcare
HCA
$101B
| $284K | ﹤0.01% |
600
+300
| +100% | +$151K |
2025 Q4
1 quarter
|
|
655
PUT
Roper Technologies
ROP
$38B
| $283K | ﹤0.01% |
+800
| New | +$295K |
2026 Q1
0 quarters
|
|
656
PUT
Sempra
SRE
$54.2B
| $282K | ﹤0.01% |
2,900
+1,500
| +107% | +$137K |
2025 Q4
1 quarter
|
|
657
Pentair
PNR
$8.62B
| $279K | ﹤0.01% |
3,205
+1,149
| +56% | +$113K |
2025 Q3
2 quarters
|
|
658
PUT
Xcel Energy
XEL
$47.4B
| $278K | ﹤0.01% |
+3,500
| New | +$275K |
2026 Q1
0 quarters
|
|
659
CALL
Royal Caribbean
RCL
$75.8B
| $275K | ﹤0.01% |
1,000
+600
| +150% | +$179K |
2025 Q2
3 quarters
|
|
660
PUT
Emerson Electric
EMR
$91B
| $275K | ﹤0.01% |
2,100
-300
| -13% | -$43.1K |
2025 Q1
4 quarters
|
|
661
PUT
Quanta Services
PWR
$95.9B
| $275K | ﹤0.01% |
500
-200
| -29% | -$103K |
2025 Q2
3 quarters
|
|
662
PUT
Northrop Grumman
NOC
$72.5B
| $273K | ﹤0.01% |
400
-200
| -33% | -$138K |
2025 Q1
4 quarters
|
|
663
Accenture
ACN
$139B
| $272K | ﹤0.01% |
1,371
-682
| -33% | -$159K |
2024 Q1
8 quarters
|
|
664
PUT
Digital Realty Trust
DLR
$65.8B
| $270K | ﹤0.01% |
1,500
| – | – |
2025 Q2
3 quarters
|
|
665
CALL
Goodyear
GT
$1.26B
| $269K | ﹤0.01% |
+40,600
| New | +$342K |
2026 Q1
0 quarters
|
|
|
666
PUT
Goodyear
GT
$1.26B
| $269K | ﹤0.01% |
+40,600
| New | +$342K |
2026 Q1
0 quarters
|
|
667
PUT
Elevance Health
ELV
$92.6B
| $263K | ﹤0.01% |
900
+500
| +125% | +$164K |
2025 Q1
4 quarters
|
|
668
DoorDash
DASH
$83.7B
| $263K | ﹤0.01% |
1,750
+1,621
| +1,257% | +$300K |
2025 Q4
1 quarter
|
|
669
Alerian MLP ETF
AMLP
$12.6B
| $263K | ﹤0.01% |
4,991
-14,991
| -75% | -$763K |
2025 Q1
4 quarters
|
|
670
PUT
Simon Property Group
SPG
$66.6B
| $261K | ﹤0.01% |
1,400
+100
| +8% | +$19.1K |
2025 Q2
3 quarters
|
|
671
CALL
McKesson
MCK
$117B
| $260K | ﹤0.01% |
300
+100
| +50% | +$89.3K |
2025 Q3
2 quarters
|
|
672
Airbnb
ABNB
$103B
| $260K | ﹤0.01% |
+2,055
| New | +$267K |
2026 Q1
0 quarters
|
|
673
CALL
Intuit
INTU
$86.4B
| $259K | ﹤0.01% |
600
-100
| -14% | -$47.7K |
2025 Q1
4 quarters
|
|
674
CALL
Estee Lauder
EL
$38.7B
| $258K | ﹤0.01% |
+3,600
| New | +$368K |
2026 Q1
0 quarters
|
|
|
675
PUT
Estee Lauder
EL
$38.7B
| $258K | ﹤0.01% |
+3,600
| New | +$368K |
2026 Q1
0 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.