We are live on
!
Find out more
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 | |
|---|---|---|---|---|---|---|---|
1076
AST SpaceMobile
ASTS
$12.6B
| – | – |
-223,243
| Closed | -$16.2M | – |
|
|
1077
PUT
AST SpaceMobile
ASTS
$12.6B
| – | – |
-220,000
| Closed | -$16M | – |
|
1078
BlackBerry
BB
$4.83B
| – | – |
-39,673
| Closed | -$150K | – |
|
1079
Biogen
BIIB
$34.4B
| – | – |
-21,295
| Closed | -$3.75M | – |
|
1080
CALL
Booking.com
BKNG
$121B
| – | – |
-5,000
| Closed | -$1.07M | – |
|
|
1081
PUT
Booking.com
BKNG
$121B
| – | – |
-2,500
| Closed | -$536K | – |
|
1082
Scotiabank
BNS
$110B
| – | – |
-1,015
| Closed | -$74.8K | – |
|
|
1083
PUT
Scotiabank
BNS
$110B
| – | – |
-18,600
| Closed | -$1.37M | – |
|
1084
CALL
Boston Scientific
BSX
$62.3B
| – | – |
-3,500
| Closed | -$334K | – |
|
|
1085
Boston Scientific
BSX
$62.3B
| – | – |
-967
| Closed | -$92.2K | – |
|
|
1086
PUT
Boston Scientific
BSX
$62.3B
| – | – |
-3,300
| Closed | -$315K | – |
|
1087
Boyd Gaming
BYD
$5.06B
| – | – |
-7,980
| Closed | -$680K | – |
|
1088
Conagra Brands
CAG
$6.61B
| – | – |
-27,963
| Closed | -$484K | – |
|
1089
Casey's General Stores
CASY
$24.2B
| – | – |
-440
| Closed | -$243K | – |
|
1090
CALL
Carnival Corporation Ltd
CCL
$34.9B
| – | – |
-41,700
| Closed | -$1.27M | – |
|
|
1091
Carnival Corporation Ltd
CCL
$34.9B
| – | – |
-23,608
| Closed | -$721K | – |
|
|
1092
PUT
Carnival Corporation Ltd
CCL
$34.9B
| – | – |
-43,000
| Closed | -$1.31M | – |
|
1093
DELISTED
Cidara Therapeutics
CDTX
| – | – |
-6,000
| Closed | -$1.33M | – |
|
1094
DELISTED
Confluent
CFLT
| – | – |
-247,073
| Closed | -$7.47M | – |
|
1095
Churchill Downs
CHDN
$5.58B
| – | – |
-2,125
| Closed | -$242K | – |
|
1096
Chewy
CHWY
$8.37B
| – | – |
-6,389
| Closed | -$211K | – |
|
|
1097
PUT
Chewy
CHWY
$8.37B
| – | – |
-9,300
| Closed | -$307K | – |
|
1098
CALL
Ciena
CIEN
$51B
| – | – |
-1,400
| Closed | -$327K | – |
|
|
1099
Ciena
CIEN
$51B
| – | – |
-96
| Closed | -$22.5K | – |
|
1100
Commercial Metals
CMC
$7.22B
| – | – |
-5,772
| Closed | -$400K | – |
|
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.