Capula Management Ltd

CIK

1557017

Location

Grand Cayman, E9

Portfolio Value

Large $27,857,075,101

Diversification

Highly concentrated

Reports for

Capula Investment US LP Capula Investment Management LLP CAPULA INVESTMENT MANAGEMENT ASIA Ltd Capula Investment Management Singapore Pte. Ltd Capula Investment Management Switzerland Sarl Capula Investment Management (ME) Ltd

Filing Date

Global Rank

#280 / 8,794 ▲ 292 · as of Jun 2026

Top Industry

Semiconductors 15.5%

Period ended 3 months ago

Filed Aug 14, 2026 · 50d

26 quarters · since Mar 2020

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

309 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

56.5%

−0.6 pts

Top 5

76.0%

+4.0 pts

Top 10

82.1%

+5.3 pts

HHI

3,398

Highly concentrated+69

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	73.1%	$20,350,172,328	14
Technology	9.7%	$2,708,657,260	69
Consumer Cyclical	6.9%	$1,911,102,727	42
Industrials	3.2%	$891,806,256	41
Communication Services	1.5%	$426,586,634	23
Financial Services	1.5%	$417,023,575	39
Consumer Defensive	1.3%	$359,215,519	12
Healthcare	1.3%	$353,521,323	28
Basic Materials	0.9%	$246,218,069	10
Utilities	0.5%	$139,195,425	14
Energy	0.2%	$47,174,758	10
Real Estate	0.0%	$6,401,227	7

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PPL	PPL Corp	+22,048,800	22,521,600	$11,788,085
NOVT	Novanta Inc	+19,780,000	20,000,000	$13,642,973
AAXJ	iShares MSCI All Country Asia ex Japan ETF	+15,242,786	29,270,205	$15,731,449,077
BABA	Alibaba Group Holding Ltd	+6,743,263	6,931,309	$665,267,036
UBER	Uber Technologies, Inc	+4,386,605	4,424,088	$319,242,189
WBD	Warner Bros. Discovery, Inc.	+4,145,281	5,477,200	$146,022,152
PDD	PDD Holdings Inc.	+3,775,365	3,946,949	$301,073,269
NKE	NIKE, Inc.	+3,170,885	3,200,767	$131,391,485
WMT	Walmart Inc.	+2,426,772	2,514,080	$284,744,699
PYPL	PayPal Holdings, Inc.	+2,358,035	2,364,121	$102,082,744
MSTR	Strategy Inc	+1,985,926	2,009,082	$174,649,497
BA	Boeing Co	+1,888,788	1,922,180	$416,094,304
INTC	Intel Corp	+1,832,042	2,162,063	$301,888,856
—		+1,086,580	1,586,580	$8,250,216
AES	Aes Corp	+991,372	3,502,352	$51,344,480
KVUE	Kenvue Inc.	+820,075	3,067,547	$58,620,822
QCOM	Qualcomm Inc/De	+783,941	844,774	$156,105,787
CRDO	Credo Technology Group Holding Ltd	+666,860	704,933	$191,706,528
AMGN	Amgen Inc	+597,803	600,264	$217,367,599
UPS	United Parcel Service Inc	+597,387	601,784	$64,691,780
WDC	Western Digital Corp	+559,515	561,315	$358,523,116
CZR	Caesars Entertainment, Inc.	+497,000	545,500	$16,463,190
AVGO	Broadcom Inc.	+487,351	639,736	$241,660,274
VAL	Valaris Ltd	+455,483	510,898	$37,091,194
KLAC	Kla Corp	+446,069	453,429	$136,804,063
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−1,334,313	5,022,809	$3,750,883,075
NVDA	Nvidia Corp	−1,060,402	514,676	$102,981,519
IMXI	International Money Express, Inc.	−490,191	140,000	$2,023,000
—		−404,001	434,293	$14,444,584
AAUC	Allied Gold Corp	−309,543	692,457	$16,466,627
AMZN	Amazon Com Inc	−244,299	117,230	$27,940,598
UAA	Under Armour, Inc.	−234,697	714,943	$4,568,485
ZIM	ZIM Integrated Shipping Services Ltd.	−206,368	388,400	$10,098,400
CDE	Coeur Mining, Inc.	−198,689	14,399	$234,991
JHX	James Hardie Industries plc	−178,958	170,573	$4,465,601
AAPL	Apple Inc.	−169,653	132,170	$38,244,710
META	Meta Platforms, Inc.	−168,326	33,953	$19,125,384
GOOGL	Alphabet Inc.	−160,416	92,714	$33,034,750
LYFT	Lyft, Inc.	−147,053	59,600	$870,756
MSFT	Microsoft Corp	−127,665	68,493	$25,549,257
MRVL	Marvell Technology, Inc.	−95,326	18,987	$5,656,037
AFK	VanEck Africa Index ETF	−87,229	52,064	$12,092,860
F	Ford Motor Co	−86,065	47,300	$657,470
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−68,984	4,400	$2,101,308
CSCO	Cisco Systems, Inc.	−68,440	47,224	$5,546,931
BP	Bp PLC	−65,567	34,433	$1,272,299
NSC	Norfolk Southern Corp	−65,381	79,368	$24,968,378
EXC	Exelon Corp	−65,208	33,508	$1,562,142
BMY	Bristol Myers Squibb Co	−61,040	19,473	$1,122,033
JPM	Jpmorgan Chase & Co	−54,250	11,351	$3,715,522
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
ULTA	Ulta Beauty, Inc.	260,000	$117,254,800
AAOI	Applied Optoelectronics, Inc.	760,749	$112,712,571
SOFI	SoFi Technologies, Inc.	6,000,000	$107,580,000
ECHO	EchoStar CORP	1,001,799	$101,682,598
VRT	Vertiv Holdings Co	202,028	$67,643,014
BNDW	Vanguard Total World Bond ETF	600,000	$49,590,000
OGN	Organon & Co.	3,049,207	$41,286,262
CLS	Celestica Inc	112,000	$40,857,600
ZS	Zscaler, Inc.	244,000	$34,440,600
LULU	lululemon athletica inc.	301,576	$34,433,947
BMNR	Bitmine Immersion Technologies, Inc.	2,400,000	$31,944,000
BKNG	Booking Holdings Inc.	166,801	$29,730,610
—		80,000	$28,362,400
USO	United States Oil Fund, LP	140,000	$14,901,600
UNF	Unifirst Corp	55,000	$14,545,300
TECH	BIO-TECHNE Corp	150,000	$10,597,500
—		45,000	$5,972,850
UHAL	U-Haul Holding Co /NV/	101,811	$5,874,494
LLYVA	Liberty Live Holdings, Inc.	55,468	$5,616,689
RYAAY	Ryanair Holdings PLC	80,370	$5,203,957
BF-B	Brown Forman Corp	182,929	$4,875,057
NVO	Novo Nordisk A S	100,000	$4,794,000
AMKR	Amkor Technology, Inc.	42,232	$3,641,665
BE	Bloom Energy Corp	11,919	$3,607,880
IBIT	iShares Bitcoin Trust ETF	100,000	$3,329,000
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BKF	iShares MSCI BIC ETF	910,074	$51,486,313
DBRG	DigitalBridge Group, Inc.	1,665,769	$25,686,157
ORCL	Oracle Corp	88,632	$13,038,653
VSEC	Vse Corp	199,728	$11,196,359
XOM	ExxonMobil Holdings Corp	63,007	$10,689,767
SNPS	Synopsys Inc	21,217	$8,412,116
SN	SharkNinja, Inc.	59,973	$6,351,140
INTU	Intuit Inc.	11,130	$4,812,389
PANW	Palo Alto Networks Inc	29,987	$4,807,515
ADBE	Adobe Inc.	18,262	$4,439,126
FSLR	First Solar, Inc.	22,104	$4,360,235
ETN	Eaton Corp plc	11,651	$4,167,212
ALSN	Allison Transmission Holdings Inc	33,692	$3,943,985
CMI	Cummins Inc	7,264	$3,908,177
KMI	Kinder Morgan, Inc.	114,069	$3,824,732
DOCS	Doximity, Inc.	163,030	$3,798,599
WMB	Williams Companies, Inc.	51,367	$3,738,490
FCX	Freeport-Mcmoran Inc	62,932	$3,699,142
SLV	iShares Silver Trust	53,400	$3,638,676
AVO	Mission Produce, Inc.	258,000	$3,550,080
NUE	Nucor Corp	20,905	$3,535,034
WM	Waste Management Inc	15,342	$3,525,438
RAMP	LiveRamp Holdings, Inc.	132,391	$3,511,009
CTVA	Corteva, Inc.	41,933	$3,510,211
NRG	Nrg Energy, Inc.	23,104	$3,376,418
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

309 tracked positions · $27,857,075,101 total · filing declares 1,029 positions · $27,981,981,492 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 309 positions by value · page 1 of 7

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAXJ	iShares MSCI All Country Asia ex Japan ETF PUT CALL + SHARES	Added	29,270,205	+15,242,786	$15,731,449,077	—	56.47%
SPY	Spdr S&P 500 ETF Trust PUT CALL + SHARES	Reduced	5,022,809	-1,334,313	$3,750,883,075	−9.3%	13.46%
BABA	Alibaba Group Holding Ltd PUT CALL + SHARES Consumer Cyclical	Added	6,931,309	+6,743,263	$665,267,036	+2719.9%	2.39%
QQQ	Invesco Qqq Trust, Series 1 PUT CALL + SHARES	Added	819,771	+202,619	$603,679,364	+69.5%	2.17%
BA	Boeing Co PUT CALL + SHARES Industrials	Added	1,922,180	+1,888,788	$416,094,304	+6160.8%	1.49%
TSLA	Tesla, Inc. PUT CALL + SHARES Consumer Cyclical	Added	978,835	+80,011	$411,697,999	+23.2%	1.48%
WDC	Western Digital Corp PUT + SHARES Technology	Added	561,315	+559,515	$358,523,116	+73536.6%	1.29%
UBER	Uber Technologies, Inc PUT CALL + SHARES Technology	Added	4,424,088	+4,386,605	$319,242,189	+11740.7%	1.15%
INTC	Intel Corp PUT CALL + SHARES Technology	Added	2,162,063	+1,832,042	$301,888,856	+1972.9%	1.08%
PDD	PDD Holdings Inc. PUT CALL + SHARES Consumer Cyclical	Added	3,946,949	+3,775,365	$301,073,269	+1617.2%	1.08%
WMT	Walmart Inc. PUT CALL + SHARES Consumer Defensive	Added	2,514,080	+2,426,772	$284,744,699	+2524.2%	1.02%
AVGO	Broadcom Inc. PUT CALL + SHARES Technology	Added	639,736	+487,351	$241,660,274	+412.4%	0.87%
AMGN	Amgen Inc PUT + SHARES Healthcare	Added	600,264	+597,803	$217,367,599	+25003.0%	0.78%
LIN	Linde PLC PUT + SHARES Basic Materials	Added	400,280	+397,434	$207,721,302	+14622.3%	0.75%
CRDO	Credo Technology Group Holding Ltd PUT + SHARES Technology	Added	704,933	+666,860	$191,706,528	+5264.1%	0.69%
MSTR	Strategy Inc PUT CALL + SHARES Technology	Added	2,009,082	+1,985,926	$174,649,497	+5943.5%	0.63%
QCOM	Qualcomm Inc/De PUT CALL + SHARES Technology	Added	844,774	+783,941	$156,105,787	+1892.7%	0.56%
WBD	Warner Bros. Discovery, Inc. PUT CALL + SHARES Communication Services	Added	5,477,200	+4,145,281	$146,022,152	+299.2%	0.52%
KLAC	Kla Corp PUT CALL + SHARES Technology	Added	453,429	+446,069	$136,804,063	+1162.4%	0.49%
NKE	NIKE, Inc. PUT CALL + SHARES Consumer Cyclical	Added	3,200,767	+3,170,885	$131,391,485	+8224.5%	0.47%
ADI	Analog Devices Inc PUT CALL + SHARES Technology	Added	302,893	+270,248	$120,300,011	+1058.3%	0.43%
ULTA	Ulta Beauty, Inc. PUT + SHARES Consumer Cyclical	NEW	260,000	NEW	$117,254,800	NEW	0.42%
AAOI	Applied Optoelectronics, Inc. PUT + SHARES Technology	NEW	760,749	NEW	$112,712,571	NEW	0.40%
SOFI	SoFi Technologies, Inc. PUT + SHARES Financial Services	NEW	6,000,000	NEW	$107,580,000	NEW	0.39%
NVDA	Nvidia Corp PUT CALL + SHARES Technology	Reduced	514,676	-1,060,402	$102,981,519	−62.5%	0.37%
PYPL	PayPal Holdings, Inc. PUT CALL + SHARES Financial Services	Added	2,364,121	+2,358,035	$102,082,744	+36984.7%	0.37%
ECHO	EchoStar CORP PUT + SHARES Communication Services	NEW	1,001,799	NEW	$101,682,598	NEW	0.37%
AXON	Axon Enterprise, Inc. PUT + SHARES Industrials	Added	160,000	+159,416	$89,697,600	+36065.8%	0.32%
GEV	GE Vernova Inc. PUT CALL + SHARES Industrials	Added	62,663	+55,399	$73,620,251	+1061.1%	0.26%
ANET	Arista Networks, Inc. PUT CALL + SHARES Technology	Added	400,400	+393,154	$68,019,952	+7545.6%	0.24%
VRT	Vertiv Holdings Co PUT + SHARES Industrials	NEW	202,028	NEW	$67,643,014	NEW	0.24%
HLT	Hilton Worldwide Holdings Inc. PUT + SHARES Consumer Cyclical	Added	200,897	+195,976	$66,388,422	+4336.6%	0.24%
BWX	State Street SPDR Bloomberg International Treasury Bond ETF PUT CALL + SHARES	Added	786,926	+255,957	$65,651,638	+63.9%	0.24%
UPS	United Parcel Service Inc PUT CALL + SHARES Industrials	Added	601,784	+597,387	$64,691,780	+14855.0%	0.23%
KVUE	Kenvue Inc. Consumer Defensive	Added	3,067,547	+820,075	$58,620,822	+51.3%	0.21%
MAR	Marriott International Inc /Md/ PUT + SHARES Consumer Cyclical	Added	152,973	+148,302	$56,690,264	+3610.7%	0.20%
AES	Aes Corp Utilities	Added	3,502,352	+991,372	$51,344,480	+45.1%	0.18%
PLTR	Palantir Technologies Inc. PUT CALL + SHARES Technology	Added	432,974	+277,936	$50,515,074	+122.7%	0.18%
BNDW	Vanguard Total World Bond ETF	NEW	600,000	NEW	$49,590,000	NEW	0.18%
CEG	Constellation Energy Corp PUT CALL + SHARES Utilities	Added	197,074	+155,714	$48,947,268	+323.8%	0.18%
COIN	Coinbase Global, Inc. PUT CALL + SHARES Financial Services	Added	324,151	+317,339	$47,387,634	+3884.0%	0.17%
	CALL + SHARES	Added	230,049	+81,951	$47,169,246	+56.2%	0.17%
XLBI	State Street Materials Select Sector SPDR Premium Income ETF PUT CALL + SHARES	Reduced	427,184	-45,697	$47,116,213	+4.6%	0.17%
AMAT	Applied Materials Inc /De PUT CALL + SHARES Technology	Reduced	61,370	-29,977	$44,370,510	+42.1%	0.16%
CDNS	Cadence Design Systems Inc PUT + SHARES Technology	Added	112,113	+93,458	$42,078,251	+711.7%	0.15%
OGN	Organon & Co. Healthcare	NEW	3,049,207	NEW	$41,286,262	NEW	0.15%
CLS	Celestica Inc PUT + SHARES Technology	NEW	112,000	NEW	$40,857,600	NEW	0.15%
AAPL	Apple Inc. PUT CALL + SHARES Technology	Reduced	132,170	-169,653	$38,244,710	−50.1%	0.14%
VAL	Valaris Ltd Energy	Added	510,898	+455,483	$37,091,194	+582.7%	0.13%
IBM	International Business Machines Corp PUT CALL + SHARES Technology	Added	126,436	+121,388	$35,555,067	+2805.8%	0.13%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.