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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
-26.54%
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
$2.77B
AUM Growth
-$1.91B
(-41%)
Cap. Flow
-$1.11B
Cap. Flow
% of AUM
-39.93%
Top 10 Holdings %
Top 10 Hldgs %
22.48%
Holding
477
New
110
Increased
107
Reduced
113
Closed
125
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$85.2M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$67.3M |
| 3 |
Goldman Sachs
GS
|
+$29M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$28.2M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$23.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$25.9M |
| 2 |
Boeing
BA
|
+$16.9M |
| 3 |
iShares US Real Estate ETF
IYR
|
+$8.2M |
| 4 |
iShares China Large-Cap ETF
FXI
|
+$6.14M |
| 5 |
Verizon
VZ
|
+$2.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 3.5% |
| 2 | Industrials | 2.42% |
| 3 | Technology | 2.15% |
| 4 | Consumer Discretionary | 2.15% |
| 5 | Communication Services | 1.48% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$774B
| $109M | 3.95% |
424,300
-485,700
| -53% | -$148M |
|
2
CALL
Merck
MRK
$315B
| $84.6M | 3.05% |
1,152,800
+1,021,800
| +780% | +$80.3M |
|
|
3
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
| $80.8M | 2.91% |
+2,366,000
| New | +$97.1M |
|
|
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$774B
| $61.9M | 2.23% |
240,000
-1,065,000
| -82% | -$325M |
|
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$774B
| $57M | 2.06% |
221,121
+220,629
| +44,843% | +$67.3M |
|
|
6
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.2B
| $54.2M | 1.96% |
+3,731,800
| New | +$88.5M |
|
|
7
State Street Energy Select Sector SPDR ETF
XLE
$38.2B
| $52.2M | 1.88% |
+3,590,666
| New | +$85.2M |
|
8
PUT
Amazon
AMZN
$2.66T
| $46.4M | 1.67% |
476,000
-196,000
| -29% | -$19M |
|
|
9
PUT
Invesco QQQ Trust
QQQ
$466B
| $39M | 1.41% |
205,000
+155,000
| +310% | +$32.8M |
|
|
10
PUT
iShares China Large-Cap ETF
FXI
$4.6B
| $37.5M | 1.35% |
1,000,000
-7,821,600
| -89% | -$318M |
|
11
PUT
Apple
AAPL
$4.9T
| $34.2M | 1.23% |
538,000
+98,000
| +22% | +$7.21M |
|
12
CALL
Bristol-Myers Squibb
BMY
$124B
| $31.2M | 1.13% |
560,000
+525,000
| +1,500% | +$32.1M |
|
13
CALL
Alphabet (Google) Class A
GOOGL
$4.23T
| $30.1M | 1.09% |
518,000
+88,000
| +20% | +$5.96M |
|
14
PUT
Meta Platforms (Facebook)
META
$1.64T
| $29.6M | 1.07% |
177,500
-157,500
| -47% | -$30.8M |
|
|
15
iShares MSCI Emerging Markets ETF
EEM
$28B
| $26.2M | 0.95% |
768,485
+568,485
| +284% | +$23.3M |
|
16
CALL
Visa
V
$682B
| $25M | 0.9% |
155,000
+85,000
| +121% | +$16M |
|
17
CALL
JPMorgan Chase
JPM
$907B
| $23.9M | 0.86% |
265,000
+180,000
| +212% | +$21.9M |
|
|
18
PUT
iShares Russell 2000 ETF
IWM
$82.2B
| $22.9M | 0.83% |
+200,000
| New | +$29.8M |
|
19
PUT
Walmart Inc
WMT
$909B
| $22.7M | 0.82% |
600,000
+29,400
| +5% | +$1.13M |
|
|
20
CALL
Amazon
AMZN
$2.66T
| $22.6M | 0.82% |
232,000
-178,000
| -43% | -$17.2M |
|
|
21
PUT
Goldman Sachs
GS
$314B
| $22.5M | 0.81% |
145,600
+76,900
| +112% | +$16.3M |
|
22
CALL
eBay
EBAY
$49.8B
| $21.9M | 0.79% |
730,000
+698,900
| +2,247% | +$24.3M |
|
|
23
iShares Russell 2000 ETF
IWM
$82.2B
| $21.7M | 0.78% |
+189,289
| New | +$28.2M |
|
|
24
CALL
iShares Russell 2000 ETF
IWM
$82.2B
| $21.2M | 0.76% |
+185,000
| New | +$27.6M |
|
|
25
Goldman Sachs
GS
$314B
| $21.1M | 0.76% |
+136,719
| New | +$29M |
|
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Capula Management's Q1 2020 Portfolio in Review
As of Q1 2020, Capula Management held 477 positions worth $2.77B, down 41% from $4.68B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Capula Management withdrew a net $1.11B in Q1 2020, closing 125 positions and reducing 113 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $25.9M position sold in full.
By sector, the portfolio is most concentrated in Financials at 3.5% of assets, up from 0.16% a quarter earlier, followed by Industrials and Technology.
Against the trend, Capula Management opened a new position in State Street Energy Select Sector SPDR ETF worth $52.2M.
- Capula Management's largest Q1 2020 buy was State Street Energy Select Sector SPDR ETF: 3,590,666 shares worth $52.2M.
- Capula Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $67.3M increase.
- Capula Management's biggest Q1 2020 reduction was iShares China Large-Cap ETF, cutting an estimated $6.14M.
- Capula Management fully exited Invesco QQQ Trust in Q1 2020, selling an estimated $25.9M.
- Capula Management's ten largest holdings make up 22% of its $2.77B portfolio in Q1 2020.
- Capula Management opened 110 new positions and closed 125 in Q1 2020.
- Capula Management's portfolio value fell 41% quarter-over-quarter to $2.77B.
Based on Capula Management's 13F filing for Q1 2020, filed 15 May 2020.