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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
-4.72%
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
$18B
AUM Growth
+$790M
Cap. Flow
+$2.01B
Cap. Flow %
11.18%
Top 10 Hldgs %
71.51%
Holding
779
New
416
Increased
180
Reduced
79
Closed
101

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$9.08B
2
MSTR icon
Strategy Inc
MSTR
+$325M
3
UBER icon
Uber
UBER
+$147M
4
BRK.B icon
Berkshire Hathaway Class B
BRK.B
+$146M
5
VOO icon
Vanguard S&P 500 ETF
VOO
+$127M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$9.37B
2
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$449M
3
NVDA icon
NVIDIA
NVDA
+$339M
4
CRWD icon
CrowdStrike
CRWD
+$225M
5
FBTC icon
Fidelity Wise Origin Bitcoin Fund
FBTC
+$93.6M

Sector Composition

Rank Sector Weight
1 Technology 8.84%
2 Financials 1.25%
3 Communication Services 0.99%
4 Industrials 0.87%
5 Consumer Discretionary 0.83%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XLP icon
101
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
$10.7M 0.06%
+130,900
New +$10.4M
XLP icon
102
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
$10.7M 0.06%
+130,900
New +$10.4M
AAPL icon
103
CALL
Apple
AAPL
$4.89T
$10.6M 0.06%
+47,600
New +$11M
ASHR icon
104
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.35B
$9.92M 0.06%
+373,421
New +$9.9M
CVX icon
105
PUT
Chevron
CVX
$388B
$9.33M 0.05%
55,800
-547,400
-91% -$85.7M
BIDU icon
106
PUT
Baidu
BIDU
$35.8B
$9.2M 0.05%
100,000
-150,000
-60% -$13.5M
AMZN icon
107
PUT
Amazon
AMZN
$2.5T
$9.17M 0.05%
48,200
+29,500
+158% +$6.4M
ATSG
108
DELISTED
Air Transport Services Group
ATSG
$8.98M 0.05%
400,000
-83,068
-17% -$1.85M
NWSA icon
109
News Corp Class A
NWSA
$14.5B
$8.4M 0.05%
308,446
+24,764
+9% +$693K
META icon
110
Meta Platforms (Facebook)
META
$1.51T
$7.86M 0.04%
13,638
+12,387
+990% +$7.99M
BABA icon
111
CALL
Alibaba
BABA
$269B
$7.56M 0.04%
57,200
+32,900
+135% +$3.79M
XME icon
112
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.05B
$7.28M 0.04%
+130,000
New +$7.64M
XME icon
113
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.05B
$7.28M 0.04%
+130,000
New +$7.64M
GOOGL icon
114
Alphabet (Google) Class A
GOOGL
$3.91T
$7.02M 0.04%
45,415
-397,732
-90% -$72.1M
CRH icon
115
CRH
CRH
$66.7B
$6.94M 0.04%
78,937
+40,126
+103% +$3.95M
PLYA
116
DELISTED
Playa Hotels & Resorts
PLYA
$6.83M 0.04%
+512,193
New +$6.65M
ARES icon
117
Ares Management
ARES
$28.5B
$6.79M 0.04%
+46,331
New +$8.01M
BECN
118
DELISTED
Beacon Roofing Supply, Inc.
BECN
$6.79M 0.04%
+54,900
New +$6.39M
GDX icon
119
VanEck Gold Miners ETF
GDX
$23B
$6.75M 0.04%
+146,880
New +$5.94M
CVX icon
120
Chevron
CVX
$388B
$6.7M 0.04%
40,021
-561,451
-93% -$87.9M
INDA icon
121
iShares MSCI India ETF
INDA
$6.71B
$6.66M 0.04%
129,463
+68,363
+112% +$3.44M
MSFT icon
122
Microsoft
MSFT
$2.84T
$6.48M 0.04%
17,272
-173,672
-91% -$70.8M
ADBE icon
123
PUT
Adobe
ADBE
$89.5B
$6.25M 0.03%
16,300
+9,000
+123% +$3.86M
TRI icon
124
Thomson Reuters
TRI
$39.4B
$6.13M 0.03%
+34,937
New +$6.03M
BERY
125
DELISTED
Berry Global Group, Inc.
BERY
$6.01M 0.03%
+86,129
New +$5.98M
3 4
5
6 7

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
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
IFP
Independent Franchise Partners London, United Kingdom $14.3B AUM 3.49% 1-Year Est. Return

Capula Management's Q1 2025 Portfolio in Review

As of Q1 2025, Capula Management held 779 positions worth $18B, up 4.6% from $17.2B the previous quarter. Its ten largest holdings account for 72% of the portfolio.

Capula Management deployed $2.01B of net new capital in Q1 2025, opening 416 new positions and adding to 180 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 15,379,127 shares worth $8.64B.

By sector, the portfolio is most concentrated in Technology at 8.8% of assets, down from 11% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $9.37B trimmed.

  • Capula Management's largest Q1 2025 buy was iShares Core S&P 500 ETF: 15,379,127 shares worth $8.64B.
  • Capula Management added most to Strategy Inc in Q1 2025, an estimated $325M increase.
  • Capula Management's biggest Q1 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $9.37B.
  • Capula Management fully exited Alphabet (Google) Class C in Q1 2025, selling an estimated $83.8M.
  • Capula Management's ten largest holdings make up 72% of its $18B portfolio in Q1 2025.
  • Capula Management opened 416 new positions and closed 101 in Q1 2025.
  • Capula Management's portfolio value rose 4.6% quarter-over-quarter to $18B.

Based on Capula Management's 13F filing for Q1 2025, filed 14 May 2025.