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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
(+87%)
Cap. Flow
+$8.06B
Cap. Flow
% of AUM
40.12%
Top 10 Holdings %
Top 10 Hldgs %
64.86%
Holding
920
New
289
Increased
404
Reduced
93
Closed
127
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.79B |
| 2 |
Strategy Inc
MSTR
|
+$651M |
| 3 |
UnitedHealth
UNH
|
+$291M |
| 4 |
Coinbase
COIN
|
+$170M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$151M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
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 |
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 | |
|---|---|---|---|---|---|---|
726
Air Products & Chemicals
APD
$66.3B
| $91.9K | ﹤0.01% |
337
+175
| +108% | +$50.7K |
|
727
CALL
Ross Stores
ROST
$76.6B
| $91.4K | ﹤0.01% |
+600
| New | +$85.7K |
|
728
SLB Ltd
SLB
$77.8B
| $91.3K | ﹤0.01% |
2,655
-157,921
| -98% | -$5.5M |
|
729
CALL
Realty Income
O
$61.2B
| $91.2K | ﹤0.01% |
+1,500
| New | +$87.4K |
|
730
CALL
Peloton Interactive
PTON
$2.63B
| $90K | ﹤0.01% |
+10,000
| New | +$74.4K |
|
|
731
CALL
SLB Ltd
SLB
$77.8B
| $89.4K | ﹤0.01% |
2,600
-119,100
| -98% | -$4.14M |
|
732
PUT
Waste Management
WM
$95.9B
| $88.3K | ﹤0.01% |
400
-300
| -43% | -$67.6K |
|
733
CALL
Amphenol
APH
$188B
| $86.6K | ﹤0.01% |
+700
| New | +$76.8K |
|
734
Conagra Brands
CAG
$7.07B
| $84.7K | ﹤0.01% |
+4,625
| New | +$88.7K |
|
735
CALL
Cummins
CMI
$91.7B
| $84.5K | ﹤0.01% |
+200
| New | +$76.7K |
|
736
CALL
AES
AES
$10.6B
| $82.9K | ﹤0.01% |
+6,300
| New | +$81.8K |
|
737
CALL
Phillips 66
PSX
$82.9B
| $81.6K | ﹤0.01% |
600
+200
| +50% | +$25.6K |
|
738
Apollo Global Management
APO
$70.7B
| $80.6K | ﹤0.01% |
605
+347
| +134% | +$49.1K |
|
|
FISV
739
PUT
Fiserv Inc
FISV
$27.2B
| $77.4K | ﹤0.01% |
+600
| New | +$86K |
|
740
CALL
McKesson
MCK
$98.5B
| $77.3K | ﹤0.01% |
+100
| New | +$70.4K |
|
741
CALL
Dominion Energy
D
$62.5B
| $73.4K | ﹤0.01% |
1,200
+500
| +71% | +$29.7K |
|
742
iShares MSCI Japan ETF
EWJ
$21.7B
| $73K | ﹤0.01% |
+910
| New | +$70.4K |
|
743
Cintas
CTAS
$82.4B
| $72.7K | ﹤0.01% |
354
+322
| +1,006% | +$68.8K |
|
744
CALL
Target
TGT
$62.1B
| $71.8K | ﹤0.01% |
800
+300
| +60% | +$29.5K |
|
745
KKR & Co
KKR
$89.2B
| $71.6K | ﹤0.01% |
551
+355
| +181% | +$50.4K |
|
746
Synopsys
SNPS
$71.5B
| $67.6K | ﹤0.01% |
+137
| New | +$77.4K |
|
747
CALL
MetLife
MET
$61B
| $65.9K | ﹤0.01% |
+800
| New | +$63K |
|
748
PUT
Corning
GLW
$126B
| $65.6K | ﹤0.01% |
+800
| New | +$52.3K |
|
749
PUT
Elevance Health
ELV
$81.9B
| $64.6K | ﹤0.01% |
200
-200
| -50% | -$62.2K |
|
750
CALL
Paychex
PAYX
$40.4B
| $63.4K | ﹤0.01% |
+500
| New | +$69.4K |
|
Similar funds
X
BIP
FGP
TI
SSA
SAM
BBVA
IFP
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.