Eisler Capital Management Ltd.

CIK

2055810

Location

LONDON, X0

Portfolio Value

Large $15,998,454,099

Diversification

Diversified

Filing Date

Global Rank

#320 / 7,986 ▲ 11 · as of Sep 2025

Top Industry

Semiconductors 22.1%

3Y Alpha vs SPY

-1.7%

Period ended 9 months ago

Filed Nov 13, 2025 · 8mo

4 quarters · since Dec 2024

Clone Performance

Feb 2025–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+20.8%

SPY

+24.0%

Annualised alpha

-2.2%

Max drawdown

−19.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

361 positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

11.4%

+1.1 pts

Top 5

40.2%

+8.1 pts

Top 10

55.1%

+8.9 pts

HHI

418

Diversified+115

Portfolio Trend

4 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Technology	39.3%	$6,293,206,322	63
Unclassified	14.2%	$2,264,382,359	6
Consumer Cyclical	10.7%	$1,714,153,480	56
Financial Services	10.1%	$1,609,367,274	51
Communication Services	7.5%	$1,192,186,980	15
Healthcare	6.5%	$1,042,018,594	33
Industrials	4.3%	$687,704,904	56
Consumer Defensive	4.1%	$648,050,848	20
Energy	1.2%	$198,760,604	19
Basic Materials	1.2%	$191,463,505	22
Utilities	0.6%	$91,735,584	12
Real Estate	0.4%	$65,423,645	8

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	+1,305,550	2,415,950	$1,450,463,901
UBS	UBS Group AG	+1,000,000	2,425,000	$99,425,000
NVDA	Nvidia Corp	+839,020	9,784,121	$1,825,521,296
JD	JD.com, Inc.	+690,143	888,917	$31,094,316
AAPL	Apple Inc.	+539,224	4,843,103	$1,233,199,316
MRK	Merck & Co., Inc.	+492,856	747,090	$62,703,263
INTC	Intel Corp	+422,442	2,429,191	$81,499,357
VZ	Verizon Communications Inc	+411,117	1,450,227	$63,737,476
MSFT	Microsoft Corp	+405,489	2,233,414	$1,156,796,781
PDD	PDD Holdings Inc.	+342,854	756,771	$100,022,423
AMZN	Amazon Com Inc	+266,243	2,431,645	$533,916,292
MRVL	Marvell Technology, Inc.	+243,325	444,870	$37,400,220
CVS	CVS HEALTH Corp	+243,178	812,505	$61,254,751
BAC	Bank Of America Corp /De/	+225,226	2,426,241	$125,169,773
SPY	Spdr S&P 500 ETF Trust	+223,636	1,140,108	$759,517,147
NXE	NexGen Energy Ltd.	+206,581	240,454	$2,152,063
PLTR	Palantir Technologies Inc.	+204,537	403,359	$73,580,748
ABBV	AbbVie Inc.	+200,801	637,911	$147,701,912
WBD	Warner Bros. Discovery, Inc.	+199,680	400,358	$7,818,991
CSX	Csx Corp	+195,118	275,858	$9,795,716
GOOGL	Alphabet Inc.	+194,602	1,969,938	$478,891,927
AEO	American Eagle Outfitters Inc	+192,983	251,660	$4,305,902
MCW	Mister Car Wash, Inc.	+183,368	282,344	$1,504,893
B	Barrick Mining Corp	+165,299	372,290	$12,199,942
PANW	Palo Alto Networks Inc	+156,434	279,898	$56,992,829
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
STLA	Stellantis N.V.	−1,709,169	3,251,837	$30,372,157
C	Citigroup Inc	−521,684	1,126,866	$114,376,899
DEI	Douglas Emmett Inc	−485,204	15,175	$236,274
TFC	Truist Financial Corp	−411,296	7,453	$340,750
ALLY	Ally Financial Inc.	−339,905	228,339	$8,950,888
MU	Micron Technology Inc	−328,306	661,436	$110,671,471
CG	Carlyle Group Inc.	−287,187	100,000	$6,270,000
AMD	Advanced Micro Devices Inc	−283,700	1,910,676	$309,128,269
PYPL	PayPal Holdings, Inc.	−252,191	535,633	$35,919,548
SCHW	Schwab Charles Corp	−241,593	571,756	$54,585,544
CARG	CarGurus, Inc.	−229,208	12,691	$472,485
CM	Canadian Imperial Bank Of Commerce /Can/	−213,800	75,300	$6,015,717
BNS	Bank Of Nova Scotia	−194,262	100,000	$6,465,000
BBY	Best Buy Co Inc	−192,697	148,132	$11,201,741
LRCX	Lam Research Corp	−183,582	296,412	$39,689,566
MAS	Masco Corp /De/	−181,842	27,627	$1,944,664
BBWI	Bath & Body Works, Inc.	−175,808	140,000	$3,606,400
GXO	GXO Logistics, Inc.	−175,318	152,371	$8,058,901
CAT	Caterpillar Inc	−174,798	296,801	$141,618,597
KKR	KKR & Co. Inc.	−152,403	3,016	$391,928
F	Ford Motor Co	−134,172	91,191	$1,090,644
PLD	Prologis, Inc.	−130,271	494,513	$56,631,627
GM	General Motors Co	−129,030	553,190	$33,727,994
BIRK	Birkenstock Holding plc	−119,709	69,163	$3,129,625
NKE	NIKE, Inc.	−117,438	246,167	$17,165,224
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
USO	United States Oil Fund, LP	400,000	$29,500,000
CEG	Constellation Energy Corp	62,907	$20,700,806
UUUU	Energy Fuels Inc	753,898	$11,572,334
UEC	Uranium Energy Corp	622,980	$8,310,553
MC	Moelis & Co	110,089	$7,851,547
CCL	Carnival Corp Ltd.	264,542	$7,647,908
TT	Trane Technologies plc	16,020	$6,759,798
LAC	Lithium Americas Corp.	1,150,000	$6,566,500
BHF	Brighthouse Financial, Inc.	115,500	$6,130,740
RL	Ralph Lauren Corp	18,338	$5,750,063
DIA	Spdr Dow Jones Industrial Average ETF Trust	11,270	$5,226,349
OTIS	Otis Worldwide Corp	57,080	$5,218,824
BCS	Barclays PLC	250,000	$5,167,500
ROK	Rockwell Automation, Inc	14,717	$5,144,032
UAL	United Airlines Holdings, Inc.	53,102	$5,124,343
JBHT	Hunt J B Transport Services Inc	37,434	$5,022,519
SAIA	Saia Inc	16,752	$5,014,878
AMRZ	Amrize Ltd	100,000	$4,853,000
CLF	Cleveland-Cliffs Inc.	350,137	$4,271,671
WWD	Woodward, Inc.	16,087	$4,065,345
IR	Ingersoll Rand Inc.	47,520	$3,926,101
TTD	Trade Desk, Inc.	78,299	$3,837,433
PVH	Pvh Corp. /De/	39,677	$3,323,742
ON	On Semiconductor Corp	66,188	$3,263,729
FITB	Fifth Third Bancorp	71,720	$3,195,126
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
CNI	Canadian National Railway Co	227,126	$23,630,188
SYF	Synchrony Financial	340,958	$22,755,536
ODFL	Old Dominion Freight Line, Inc.	132,667	$21,531,853
GWW	W.W. Grainger, Inc.	19,743	$20,537,458
EFX	Equifax Inc	77,494	$20,099,618
OXY	Occidental Petroleum Corp /De/	471,875	$19,823,468
KEY	Keycorp /New/	965,830	$16,824,758
HUBB	Hubbell Inc	40,974	$16,734,191
SARO	StandardAero, Inc.	500,694	$15,846,965
PHM	Pultegroup Inc/Mi/	149,862	$15,804,445
LPLA	LPL Financial Holdings Inc.	41,385	$15,518,133
TOL	Toll Brothers, Inc.	134,617	$15,363,837
RF	Regions Financial Corp	646,311	$15,201,234
AZO	Autozone Inc	3,746	$13,906,013
MSTR	Strategy Inc	31,850	$12,874,725
DLTR	Dollar Tree, Inc.	122,513	$12,133,687
EXR	Extra Space Storage Inc.	72,236	$10,650,474
PECO	Phillips Edison & Company, Inc.	253,932	$8,895,237
TREX	Trex Co Inc	157,930	$8,588,233
NNN	Nnn REIT, Inc.	190,614	$8,230,712
MUSA	Murphy USA Inc.	19,236	$7,825,204
AMH	American Homes 4 Rent	216,616	$7,813,338
WPC	W. P. Carey Inc.	121,998	$7,610,235
IRM	Iron Mountain Inc	73,981	$7,588,230
MHK	Mohawk Industries Inc	71,740	$7,521,220
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

361 positions · $15,998,454,099 total · as of Sep 30, 2025

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

Showing 1–50 of 361 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Added	9,784,121	+839,020	$1,825,521,296	+29.2%	11.41%
QQQ	Invesco Qqq Trust, Series 1	Added	2,415,950	+1,305,550	$1,450,463,901	+136.8%	9.07%
AAPL	Apple Inc. Technology	Added	4,843,103	+539,224	$1,233,199,316	+39.7%	7.71%
MSFT	Microsoft Corp Technology	Added	2,233,414	+405,489	$1,156,796,781	+27.2%	7.23%
SPY	Spdr S&P 500 ETF Trust	Added	1,140,108	+223,636	$759,517,147	+34.1%	4.75%
AMZN	Amazon Com Inc Consumer Cyclical	Added	2,431,645	+266,243	$533,916,292	+12.4%	3.34%
META	Meta Platforms, Inc. Communication Services	Added	702,856	+64,794	$516,163,389	+9.6%	3.23%
GOOGL	Alphabet Inc. Communication Services	Added	1,969,938	+194,602	$478,891,927	+53.1%	2.99%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	1,063,700	-71,575	$473,048,664	+31.2%	2.96%
AVGO	Broadcom Inc. Technology	Added	1,193,296	+70,950	$393,680,282	+27.3%	2.46%
AMD	Advanced Micro Devices Inc Technology	Reduced	1,910,676	-283,700	$309,128,269	−0.7%	1.93%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	827,680	-38,567	$261,075,101	+4.0%	1.63%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	421,673	+85,598	$211,991,883	+29.9%	1.33%
UNH	Unitedhealth Group Inc Healthcare	Added	560,377	+137,761	$193,498,178	+46.8%	1.21%
LLY	ELI LILLY & Co Healthcare	Added	239,676	+58,996	$182,872,788	+29.8%	1.14%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	173,491	-19,839	$160,588,473	−16.1%	1.00%
ABBV	AbbVie Inc. Healthcare	Added	637,911	+200,801	$147,701,912	+82.0%	0.92%
WMT	Walmart Inc. Consumer Defensive	Added	1,411,678	+49,553	$145,487,534	+9.2%	0.91%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	351,125	-7,397	$142,272,337	+8.2%	0.89%
CAT	Caterpillar Inc Industrials	Reduced	296,801	-174,798	$141,618,597	−22.6%	0.89%
BAC	Bank Of America Corp /De/ Financial Services	Added	2,426,241	+225,226	$125,169,773	+20.2%	0.78%
QCOM	Qualcomm Inc/De Technology	Added	708,455	+80,591	$117,858,573	+17.9%	0.74%
V	Visa Inc. Financial Services	Added	340,813	+52,748	$116,346,741	+13.8%	0.73%
C	Citigroup Inc Financial Services	Reduced	1,126,866	-521,684	$114,376,899	−18.5%	0.71%
MU	Micron Technology Inc Technology	Reduced	661,436	-328,306	$110,671,471	−9.3%	0.69%
PDD	PDD Holdings Inc. Consumer Cyclical	Added	756,771	+342,854	$100,022,423	+130.9%	0.63%
UBS	UBS Group AG Financial Services	Added	2,425,000	+1,000,000	$99,425,000	+106.3%	0.62%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	642,660	-608	$98,744,708	−3.7%	0.62%
ORCL	Oracle Corp Technology	Added	339,911	+93,012	$95,596,569	+77.1%	0.60%
CVX	Chevron Corp Energy	Added	589,289	+56,376	$91,510,688	+19.9%	0.57%
GS	Goldman Sachs Group Inc Financial Services	Reduced	110,600	-17,125	$88,076,310	−2.6%	0.55%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	1,021,247	-34,364	$85,600,923	+1.2%	0.54%
INTC	Intel Corp Technology	Added	2,429,191	+422,442	$81,499,357	+81.3%	0.51%
AMAT	Applied Materials Inc /De Technology	Reduced	386,053	-2,521	$79,040,491	+11.1%	0.49%
ABT	Abbott Laboratories Healthcare	Added	586,007	+28,707	$78,489,777	+3.6%	0.49%
GE	General Electric Co Industrials	Added	255,813	+18,826	$76,953,665	+26.2%	0.48%
MA	Mastercard Inc Financial Services	Added	130,126	+4,245	$74,016,969	+4.6%	0.46%
PLTR	Palantir Technologies Inc. Technology	Added	403,359	+204,537	$73,580,748	+171.5%	0.46%
BA	Boeing Co Industrials	Reduced	337,172	-74,337	$72,771,832	−15.6%	0.45%
DIS	Walt Disney Co Communication Services	Reduced	602,247	-17,485	$68,957,281	−10.3%	0.43%
TXN	Texas Instruments Inc Technology	Added	364,032	+15,710	$66,883,598	−7.5%	0.42%
JNJ	Johnson & Johnson Healthcare	Added	359,460	+24,198	$66,651,073	+30.1%	0.42%
VZ	Verizon Communications Inc Communication Services	Added	1,450,227	+411,117	$63,737,476	+41.8%	0.40%
CRM	Salesforce, Inc. Technology	Added	264,818	+36,185	$62,761,866	+0.7%	0.39%
MRK	Merck & Co., Inc. Healthcare	Added	747,090	+492,856	$62,703,263	+211.6%	0.39%
CVS	CVS HEALTH Corp Healthcare	Added	812,505	+243,178	$61,254,751	+56.0%	0.38%
MS	Morgan Stanley Financial Services	Reduced	382,854	-1,834	$60,858,471	+12.3%	0.38%
DELL	Dell Technologies Inc. Technology	Added	407,800	+3,325	$57,813,806	+16.6%	0.36%
PANW	Palo Alto Networks Inc Technology	Added	279,898	+156,434	$56,992,829	+125.6%	0.36%
PLD	Prologis, Inc. Real Estate	Reduced	494,513	-130,271	$56,631,627	−13.8%	0.35%