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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 | |
|---|---|---|---|---|---|---|
876
RH
RH
$3.3B
| – | – |
-36
| Closed | -$6.8K |
|
877
CALL
Rivian
RIVN
$22.9B
| – | – |
-20,000
| Closed | -$275K |
|
|
878
Rivian
RIVN
$22.9B
| – | – |
-402
| Closed | -$5.52K |
|
|
879
PUT
Rivian
RIVN
$22.9B
| – | – |
-20,000
| Closed | -$275K |
|
880
Roku
ROKU
$21.1B
| – | – |
-2,382
| Closed | -$220K |
|
|
SAND
881
DELISTED
Sandstorm Gold
SAND
| – | – |
-93,100
| Closed | -$1.19M |
|
|
SKX
882
DELISTED
Skechers
SKX
| – | – |
-95,500
| Closed | -$6.03M |
|
883
iShares Silver Trust
SLV
$28.1B
| – | – |
-96,197
| Closed | -$3.45M |
|
884
CALL
Snap
SNAP
$7.32B
| – | – |
-300,000
| Closed | -$2.61M |
|
|
885
Snap
SNAP
$7.32B
| – | – |
-330
| Closed | -$2.87K |
|
886
Southern Company
SO
$110B
| – | – |
-730
| Closed | -$68.1K |
|
887
Simon Property Group
SPG
$74.5B
| – | – |
-277
| Closed | -$47.8K |
|
888
Stanley Black & Decker
SWK
$14.2B
| – | – |
-3,542
| Closed | -$240K |
|
889
Skyworks Solutions
SWKS
$9.06B
| – | – |
-3,800
| Closed | -$283K |
|
890
Bio-Techne
TECH
$11.2B
| – | – |
-4,800
| Closed | -$247K |
|
891
Truist Financial
TFC
$63.2B
| – | – |
-1,358
| Closed | -$61.2K |
|
892
Triple Flag Precious Metals
TFPM
$6B
| – | – |
-38,800
| Closed | -$1.25M |
|
|
TGI
893
DELISTED
Triumph Group
TGI
| – | – |
-132,353
| Closed | -$3.41M |
|
894
TriNet
TNET
$2.84B
| – | – |
-3,914
| Closed | -$286K |
|
895
Thomson Reuters
TRI
$39.4B
| – | – |
-13,241
| Closed | -$3.44M |
|
896
Trade Desk
TTD
$8.13B
| – | – |
-8,800
| Closed | -$634K |
|
897
Tradeweb Markets
TW
$21.3B
| – | – |
-4,407
| Closed | -$645K |
|
898
CALL
Vale
VALE
$62.9B
| – | – |
-200,000
| Closed | -$1.94M |
|
899
Veeva Systems
VEEV
$30.3B
| – | – |
-2,100
| Closed | -$605K |
|
900
Viatris
VTRS
$20.1B
| – | – |
-28,010
| Closed | -$250K |
|
Similar funds
X
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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.