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Capula Management Portfolio holdings
AUM
$28B
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
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$7.98B |
| 2 |
NOVTU
Novanta Inc Units
NOVTU
|
+$1.24B |
| 3 |
PPLC
PPL Corp Corporate Units
PPLC
|
+$1.11B |
| 4 |
NEE.PRV
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 |
CWAN
Clearwater Analytics
CWAN
|
+$63.3M |
| 3 |
FOLD
Amicus Therapeutics
FOLD
|
+$46.2M |
| 4 |
SEE
Sealed Air
SEE
|
+$38.6M |
| 5 |
HOLX
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 | |
|---|---|---|---|---|---|---|
151
PUT
Advanced Micro Devices
AMD
$780B
| $8.25M | 0.03% |
14,200
-44,800
| -76% | -$18.4M |
|
|
152
CALL
Alibaba
BABA
$281B
| $8.17M | 0.03% |
85,100
+83,600
| +5,573% | +$10.5M |
|
153
PUT
Caterpillar
CAT
$374B
| $7.45M | 0.03% |
7,000
+1,400
| +25% | +$1.23M |
|
154
Amazon
AMZN
$2.79T
| $7.44M | 0.03% |
31,230
-60,299
| -66% | -$15.1M |
|
155
CALL
Apple
AAPL
$4.67T
| $7.23M | 0.03% |
25,000
-20,000
| -44% | -$5.72M |
|
156
State Street SPDR S&P Biotech ETF
XBI
$11.7B
| $6.97M | 0.02% |
44,038
+18,105
| +70% | +$2.45M |
|
157
News Corp Class A
NWSA
$16.3B
| $6.79M | 0.02% |
273,476
+103,994
| +61% | +$2.69M |
|
158
Ferguson
FERG
$44.2B
| $6.77M | 0.02% |
28,540
-1,921
| -6% | -$463K |
|
159
Meta Platforms (Facebook)
META
$1.57T
| $6.68M | 0.02% |
11,853
-1,226
| -9% | -$750K |
|
160
PUT
Pfizer
PFE
$162B
| $6.44M | 0.02% |
267,600
+240,400
| +884% | +$6.29M |
|
161
CALL
Warner Bros
WBD
$70.8B
| $6.4M | 0.02% |
+240,000
| New | +$6.49M |
|
162
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.4B
| $6.4M | 0.02% |
59,700
-122,200
| -67% | -$13.9M |
|
|
163
Apple
AAPL
$4.67T
| $6.27M | 0.02% |
21,670
-28,653
| -57% | -$8.2M |
|
164
CALL
Alphabet (Google) Class A
GOOGL
$4.14T
| $6.18M | 0.02% |
17,300
-14,400
| -45% | -$5.18M |
|
165
Roku
ROKU
$23.1B
| $6.08M | 0.02% |
44,000
+11,310
| +35% | +$1.38M |
|
166
Apogee Therapeutics
APGE
| $5.97M | 0.02% |
+45,000
| New | +$4.05M |
|
167
U-Haul Holding Co Series N
UHAL.B
$11.5B
| $5.87M | 0.02% |
+101,811
| New | +$5.07M |
|
|
168
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.7B
| $5.84M | 0.02% |
36,900
-24,500
| -40% | -$3.31M |
|
169
Liberty Global Class C
LBTYK
$3.56B
| $5.72M | 0.02% |
519,771
+309,662
| +147% | +$3.59M |
|
170
Bank of America
BAC
$438B
| $5.62M | 0.02% |
98,588
+84,969
| +624% | +$4.52M |
|
171
Liberty Live Group Series A
LLYVA
$8.8B
| $5.62M | 0.02% |
+55,468
| New | +$5.25M |
|
|
172
PUT
Alphabet (Google) Class C
GOOG
$4.1T
| $5.55M | 0.02% |
15,700
-35,600
| -69% | -$12.7M |
|
|
173
CALL
Caterpillar
CAT
$374B
| $5.32M | 0.02% |
5,000
+4,000
| +400% | +$3.51M |
|
174
Ryanair
RYAAY
$28.7B
| $5.2M | 0.02% |
+80,370
| New | +$4.74M |
|
175
CALL
NVIDIA
NVDA
$5.56T
| $4.92M | 0.02% |
24,600
-30,900
| -56% | -$6.35M |
|
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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.