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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
+0.74%
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
$20B
AUM Growth
-$124M
Cap. Flow
+$329M
Cap. Flow %
1.65%
Top 10 Hldgs %
68.14%
Holding
948
New
155
Increased
289
Reduced
312
Closed
138

Top Buys

Rank Stock Value
1
VOO icon
Vanguard S&P 500 ETF
VOO
+$7.4B
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$1.76B
3
IBM icon
IBM
IBM
+$204M
4
BABA icon
Alibaba
BABA
+$169M
5
UBER icon
Uber
UBER
+$111M

Top Sells

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$6.67B
2
MSTR icon
Strategy Inc
MSTR
+$375M
3
UNH icon
UnitedHealth
UNH
+$326M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$279M
5
AMAT icon
Applied Materials
AMAT
+$122M

Sector Composition

Rank Sector Weight
1 Technology 4.56%
2 Consumer Discretionary 2.07%
3 Communication Services 2.06%
4 Financials 1.46%
5 Industrials 0.77%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GSAT icon
776
Globalstar
GSAT
$10.2B
$37.9K ﹤0.01%
621
-1,009
-62% -$55.7K
VST icon
777
Vistra
VST
$57B
$37.8K ﹤0.01%
+234
New +$42.6K
XLV icon
778
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$41.8B
$31K ﹤0.01%
200
-29,800
-99% -$4.46M
DASH icon
779
DoorDash
DASH
$74B
$29.2K ﹤0.01%
+129
New +$30.3K
WMB icon
780
Williams Companies
WMB
$92B
$27.8K ﹤0.01%
462
+459
+15,300% +$27.8K
A icon
781
CALL
Agilent Technologies
A
$39.5B
$27.2K ﹤0.01%
200
– –
EOG icon
782
EOG Resources
EOG
$77.5B
$26.5K ﹤0.01%
252
-3,318
-93% -$356K
SNPS icon
783
Synopsys
SNPS
$71.5B
$24.4K ﹤0.01%
52
-85
-62% -$37.8K
FCX icon
784
Freeport-McMoran
FCX
$91.3B
$24.3K ﹤0.01%
478
-795
-62% -$34.5K
RMD icon
785
CALL
ResMed
RMD
$27.8B
$24.1K ﹤0.01%
100
– –
CIEN icon
786
Ciena
CIEN
$57.7B
$22.5K ﹤0.01%
+96
New +$18.6K
D icon
787
Dominion Energy
D
$62.8B
$19.7K ﹤0.01%
+337
New +$20.3K
FTNT icon
788
Fortinet
FTNT
$111B
$19.7K ﹤0.01%
+248
New +$20.6K
CDNS icon
789
Cadence Design Systems
CDNS
$91.1B
$17.2K ﹤0.01%
+55
New +$17.9K
PSX icon
790
Phillips 66
PSX
$83B
$16.9K ﹤0.01%
+131
New +$17.6K
RJF icon
791
CALL
Raymond James Financial
RJF
$31.9B
$16.1K ﹤0.01%
100
– –
WDAY icon
792
Workday
WDAY
$31.6B
$11.6K ﹤0.01%
54
-140
-72% -$31.8K
ECL icon
793
Ecolab
ECL
$74.1B
$11.6K ﹤0.01%
44
-76
-63% -$20.2K
AIG icon
794
American International
AIG
$41.4B
$11.3K ﹤0.01%
132
-16,907
-99% -$1.35M
INTC icon
795
Intel
INTC
$504B
$10.7K ﹤0.01%
+289
New +$10.9K
CSCO icon
796
Cisco
CSCO
$444B
$9.78K ﹤0.01%
127
-10,898
-99% -$809K
MMM icon
797
3M
MMM
$87.5B
$9.61K ﹤0.01%
60
-18
-23% -$2.94K
CME icon
798
CME Group
CME
$91.9B
$9.56K ﹤0.01%
35
-141
-80% -$38.3K
USB icon
799
US Bancorp
USB
$98.7B
$9.45K ﹤0.01%
177
-501
-74% -$24.6K
PNC icon
800
PNC Financial Services
PNC
$99.5B
$9.39K ﹤0.01%
45
-123
-73% -$23.7K
30 31
32
33 34

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
BPC
Banque Pictet & Cie Geneva 73, Switzerland $14.2B AUM 20.68% 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

Capula Management's Q4 2025 Portfolio in Review

As of Q4 2025, Capula Management held 948 positions worth $20B, down 0.62% from $20.1B the previous quarter. Its ten largest holdings account for 68% of the portfolio.

Capula Management's Q4 2025 filing shows 155 new, 289 increased, 312 reduced and 138 closed positions. Its largest new stake was Alphabet (Google) Class C: 160,000 shares worth $50.2M. The largest sale was iShares Core S&P 500 ETF, an estimated $6.67B.

By sector, the portfolio is most concentrated in Technology at 4.6% of assets, down from 6.3% a quarter earlier, followed by Consumer Discretionary and Communication Services.

  • Capula Management's largest Q4 2025 buy was Alphabet (Google) Class C: 160,000 shares worth $50.2M.
  • Capula Management added most to Vanguard S&P 500 ETF in Q4 2025, an estimated $7.4B increase.
  • Capula Management's biggest Q4 2025 reduction was iShares Core S&P 500 ETF, cutting an estimated $6.67B.
  • Capula Management fully exited UnitedHealth in Q4 2025, selling an estimated $326M.
  • Capula Management's ten largest holdings make up 68% of its $20B portfolio in Q4 2025.
  • Capula Management opened 155 new positions and closed 138 in Q4 2025.
  • Capula Management's portfolio value fell 0.62% quarter-over-quarter to $20B.

Based on Capula Management's 13F filing for Q4 2025, filed 13 Feb 2026.