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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
+16.2%
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
$28B
AUM Growth
+$13.9B
(+99%)
Cap. Flow
+$13.1B
Cap. Flow
% of AUM
46.94%
Top 10 Holdings %
Top 10 Hldgs %
73.32%
Holding
1,190
New
122
Increased
162
Reduced
335
Closed
490
Avg Time Held Equity + Options
0.8
years
Top 10 Avg Time Held Equity + Options
0.5
years
Top 20 Avg Time Held Equity + Options
0.3
years
Avg Time Held Equity only
0.6
years
Top 10 Avg Time Held Equity only
0.7
years
Top 20 Avg Time Held Equity only
0.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$7.98B |
| 2 |
Novanta Inc Units
NOVTU
|
+$1.24B |
| 3 |
PPL Corp Corporate Units
PPLC
|
+$1.11B |
| 4 |
NextEra Energy Inc 7.375% Corporate Units
NEE.PRV
|
+$1.08B |
| 5 |
Alibaba
BABA
|
+$405M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.13B |
| 2 |
Clearwater Analytics
CWAN
|
+$63.3M |
| 3 |
Amicus Therapeutics
FOLD
|
+$46.2M |
| 4 |
Sealed Air
SEE
|
+$38.6M |
| 5 |
Hologic
HOLX
|
+$35.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 86.78% |
| 2 | Technology | 4.48% |
| 3 | Consumer Discretionary | 3.01% |
| 4 | Industrials | 1.78% |
| 5 | Healthcare | 0.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1026
PUT
PACCAR
PCAR
$58.8B
| – | – |
-2,100
| Closed | -$243K | – |
|
1027
CALL
PG&E
PCG
$39.5B
| – | – |
-4,300
| Closed | -$75.6K | – |
|
|
1028
PUT
PG&E
PCG
$39.5B
| – | – |
-8,900
| Closed | -$156K | – |
|
1029
CALL
Public Service Enterprise Group
PEG
$35.6B
| – | – |
-700
| Closed | -$56.7K | – |
|
1030
CALL
PepsiCo
PEP
$179B
| – | – |
-2,600
| Closed | -$404K | – |
|
|
1031
PepsiCo
PEP
$179B
| – | – |
-34
| Closed | -$5.28K | – |
|
|
1032
PUT
PepsiCo
PEP
$179B
| – | – |
-5,600
| Closed | -$870K | – |
|
1033
PennyMac Financial
PFSI
$3.18B
| – | – |
-6,602
| Closed | -$577K | – |
|
1034
CALL
Progressive
PGR
$126B
| – | – |
-1,200
| Closed | -$238K | – |
|
|
1035
Progressive
PGR
$126B
| – | – |
-180
| Closed | -$35.7K | – |
|
|
1036
PUT
Progressive
PGR
$126B
| – | – |
-900
| Closed | -$178K | – |
|
1037
CALL
Parker-Hannifin
PH
$122B
| – | – |
-200
| Closed | -$179K | – |
|
|
PKST
1038
DELISTED
Peakstone Realty Trust
PKST
| – | – |
-531,511
| Closed | -$11.1M | – |
|
1039
CALL
Philip Morris
PM
$318B
| – | – |
-2,900
| Closed | -$479K | – |
|
|
1040
PUT
Philip Morris
PM
$318B
| – | – |
-6,400
| Closed | -$1.06M | – |
|
1041
PPL Corp
PPL
$26.4B
| – | – |
-450,000
| Closed | -$16.6M | – |
|
1042
CALL
Public Storage
PSA
$55.7B
| – | – |
-200
| Closed | -$54.2K | – |
|
|
1043
Public Storage
PSA
$55.7B
| – | – |
-253
| Closed | -$68.5K | – |
|
|
1044
PUT
Public Storage
PSA
$55.7B
| – | – |
-600
| Closed | -$163K | – |
|
1045
CALL
Phillips 66
PSX
$116B
| – | – |
-600
| Closed | -$109K | – |
|
|
1046
PUT
Phillips 66
PSX
$116B
| – | – |
-1,600
| Closed | -$291K | – |
|
1047
CALL
Quanta Services
PWR
$95.2B
| – | – |
-300
| Closed | -$165K | – |
|
|
1048
PUT
Quanta Services
PWR
$95.2B
| – | – |
-500
| Closed | -$275K | – |
|
1049
LiveRamp
RAMP
$2.28B
| – | – |
-30,991
| Closed | -$822K | – |
|
|
1050
PUT
LiveRamp
RAMP
$2.28B
| – | – |
-101,400
| Closed | -$2.69M | – |
|
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Capula Management's Q2 2026 Portfolio in Review
As of Q2 2026, Capula Management held 1,190 positions worth $28B, up 99% from $14.1B the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Capula Management deployed $13.1B of net new capital in Q2 2026, opening 122 new positions and adding to 162 existing holdings. Its largest new stake was PPL Corp Corporate Units: 22,500,000 shares worth $11M.
By sector, the portfolio is most concentrated in Miscellaneous at 87% of assets, down from 91% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $1.13B trimmed.
- Capula Management's largest Q2 2026 buy was PPL Corp Corporate Units: 22,500,000 shares worth $11M.
- Capula Management added most to iShares Core S&P 500 ETF in Q2 2026, an estimated $7.98B increase.
- Capula Management's biggest Q2 2026 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.13B.
- Capula Management fully exited Clearwater Analytics in Q2 2026, selling an estimated $63.3M.
- Capula Management's ten largest holdings make up 73% of its $28B portfolio in Q2 2026.
- Capula Management opened 122 new positions and closed 490 in Q2 2026.
- Capula Management's portfolio value rose 99% quarter-over-quarter to $28B.
Based on Capula Management's 13F filing for Q2 2026, filed 14 Aug 2026.