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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
Cap. Flow %
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 | |
|---|---|---|---|---|---|---|---|
201
iShares MSCI EAFE ETF
EFA
$76.4B
| $3.13M | 0.01% |
30,087
-49,843
| -62% | -$5.13M |
2026 Q1
1 quarter
|
|
202
Reddit
RDDT
$29.8B
| $3M | 0.01% |
17,306
+7,932
| +85% | +$1.27M |
2025 Q3
3 quarters
|
|
203
CALL
Micron Technology
MU
$1.02T
| $3M | 0.01% |
2,600
+1,200
| +86% | +$900K |
2025 Q1
5 quarters
|
|
204
Shopify
SHOP
$220B
| $2.94M | 0.01% |
25,745
-8,444
| -25% | -$964K |
2024 Q4
6 quarters
|
|
205
DELISTED
Esperion Therapeutics
ESPR
| $2.94M | 0.01% |
+930,160
| New | +$2.6M |
2026 Q2
0 quarters
|
|
|
206
PUT
Reddit
RDDT
$29.8B
| $2.93M | 0.01% |
16,900
+16,100
| +2,013% | +$2.58M |
2026 Q1
1 quarter
|
|
207
CALL
Palantir
PLTR
$467B
| $2.81M | 0.01% |
24,100
+6,100
| +34% | +$832K |
2025 Q1
5 quarters
|
|
208
CALL
Broadcom
AVGO
$1.6T
| $2.8M | 0.01% |
7,400
-5,200
| -41% | -$2.08M |
2025 Q1
5 quarters
|
|
209
State Street Financial Select Sector SPDR ETF
XLF
$51.2B
| $2.8M | 0.01% |
+52,138
| New | +$2.71M |
2026 Q2
0 quarters
|
|
210
CALL
Cisco
CSCO
$420B
| $2.76M | 0.01% |
23,500
+4,500
| +24% | +$471K |
2025 Q1
5 quarters
|
|
|
211
PUT
Cisco
CSCO
$420B
| $2.69M | 0.01% |
22,900
-52,700
| -70% | -$5.51M |
2024 Q2
8 quarters
|
|
212
PUT
Citizens Financial Group
CFG
$26.4B
| $2.59M | 0.01% |
36,900
+28,500
| +339% | +$1.84M |
2026 Q1
1 quarter
|
|
213
Fox Class B
FOX
$24.6B
| $2.54M | 0.01% |
+54,135
| New | +$3.01M |
2026 Q2
0 quarters
|
|
214
PUT
Citigroup
C
$204B
| $2.46M | 0.01% |
17,600
-10,000
| -36% | -$1.3M |
2025 Q1
5 quarters
|
|
|
215
PUT
NextEra Energy
NEE
$163B
| $2.45M | 0.01% |
27,900
-1,900
| -6% | -$172K |
2024 Q3
7 quarters
|
|
216
PUT
Costco
COST
$441B
| $2.43M | 0.01% |
2,600
-6,600
| -72% | -$6.58M |
2022 Q2
16 quarters
|
|
|
217
CALL
Citigroup
C
$204B
| $2.42M | 0.01% |
17,300
+13,700
| +381% | +$1.78M |
2025 Q1
5 quarters
|
|
218
PUT
Netflix
NFLX
$291B
| $2.35M | 0.01% |
32,900
-5,900
| -15% | -$520K |
2024 Q1
9 quarters
|
|
219
PUT
Goldman Sachs
GS
$255B
| $2.33M | 0.01% |
2,300
-600
| -21% | -$585K |
2024 Q3
7 quarters
|
|
220
CALL
Sandisk
SNDK
$198B
| $2.27M | 0.01% |
+1,000
| New | +$1.43M |
2026 Q2
0 quarters
|
|
221
CALL
Amazon
AMZN
$2.83T
| $2.26M | 0.01% |
9,500
-8,100
| -46% | -$2.03M |
2025 Q1
5 quarters
|
|
222
Bank of New York Mellon
BNY
$96.6B
| $2.23M | 0.01% |
15,411
+15,246
| +9,240% | +$2.08M |
2025 Q4
2 quarters
|
|
223
Affirm
AFRM
$24.6B
| $2.23M | 0.01% |
27,322
+4,554
| +20% | +$298K |
2025 Q3
3 quarters
|
|
224
CALL
Alphabet (Google) Class C
GOOG
$4.16T
| $2.19M | 0.01% |
6,200
| – | – |
2026 Q1
1 quarter
|
|
225
PUT
Charles Schwab
SCHW
$155B
| $2.12M | 0.01% |
23,000
+100
| +0.4% | +$9.12K |
2025 Q1
5 quarters
|
|
Similar funds
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.