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Brevan Howard Capital Management LP — 13F Holdings & Portfolio

CIK 1512857 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Brevan Howard Capital Management LP manages $13.51B in 13F-reported U.S. long-equity assets across 2,241 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are IVV (6.65%), TLT (3.41%), HYG (2.96%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 527 new positions, exited 625, added to 729, and trimmed 591.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM

$13.51B

Long-equity book

Holdings

2,241

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+527 / −625 / ↑729 / ↓591

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Share-count changes vs the prior 13F.

Top Adds (vs prior quarter)

  • SPDR SERIES TRUST$147.1M +14608.2%
  • APPLE INC$130.3M +338.7%
  • ADVANCED MICRO DEVICES INC$124.5M +6451.8%
  • MICROSOFT CORP$98.4M +170.2%
  • ELI LILLY & CO$76.7M +487.3%
Show all 729 →

Top Trims

  • INVESCO QQQ TR-$853.7M -99.8%
  • ISHARES BITCOIN TRUST ETF-$693.9M -74.3%
  • ISHARES TR-$490.8M -96.1%
  • TESLA INC-$371.9M -89.0%
  • NVIDIA CORPORATION-$371.8M -73.9%
Show all 591 →

New Positions

  • ISHARES TR$898.2M
  • CYBERARK SOFTWARE LTD$24.7M
  • MACOM TECH SOLUTIONS HLDGS I$23.6M
  • DROPBOX INC$20.2M
  • ROUNDHILL ETF TRUST$17.5M
Show all 527 →

Exited Positions

  • PDD HOLDINGS INC$295.1M
  • ISHARES TR$216.5M
  • ISHARES TR$215.3M
  • SPDR GOLD TR$184.0M
  • ISHARES INC$117.9M
Show all 625 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 ISHARES TR IVV 464287200 $898.2M 6.65% 1,202,676 SH
2 ISHARES TR Put TLT 464287432 $461.1M 3.41% 5,335,000 SH
3 ISHARES TR Put HYG 464288513 $399.9M 2.96% 5,000,000 SH
4 ISHARES TR Call TLT 464287432 $331.4M 2.45% 3,835,000 SH
5 INVESCO QQQ TR Call QQQ 46090E103 $288.8M 2.14% 392,200 SH
6 TESLA INC Put TSLA 88160R101 $263.6M 1.95% 626,800 SH
7 SPDR SERIES TRUST Put KRE 78464A698 $262.0M 1.94% 3,500,000 SH
8 TESLA INC Call TSLA 88160R101 $253.8M 1.88% 603,400 SH
9 ISHARES TR Put LQD 464287242 $251.4M 1.86% 2,305,000 SH
10 ISHARES BITCOIN TRUST ETF Call IBIT 46438F101 $240.7M 1.78% 7,230,000 SH
11 ISHARES TR Call LQD 464287242 $240.0M 1.78% 2,200,000 SH
12 ISHARES BITCOIN TRUST ETF IBIT 46438F101 $239.9M 1.78% 7,205,004 SH
13 INVESCO QQQ TR Call QQQ 46090E103 $202.5M 1.50% 275,000 SH
14 AMAZON COM INC Call AMZN 023135106 $178.8M 1.32% 750,000 SH
15 ISHARES BITCOIN TRUST ETF Put IBIT 46438F101 $175.6M 1.30% 5,273,700 SH
16 NVIDIA CORPORATION Call NVDA 67066G104 $171.5M 1.27% 857,300 SH
17 NVIDIA CORPORATION Put NVDA 67066G104 $161.2M 1.19% 805,700 SH
18 SPDR SERIES TRUST KRE 78464A698 $148.1M 1.10% 1,978,054 SH
19 APPLE INC AAPL 037833100 $136.7M 1.01% 472,338 SH
20 ADVANCED MICRO DEVICES INC AMD 007903107 $111.5M 0.83% 192,000 SH
21 ALPHABET INC Call GOOGL 02079K305 $107.2M 0.79% 300,000 SH
22 PDD HOLDINGS INC Call PDD 722304102 $103.3M 0.76% 84,600 SH
23 KRANESHARES TRUST Call KWEB 500767306 $102.0M 0.76% 4,170,000 SH
24 MICROSOFT CORP MSFT 594918104 $100.4M 0.74% 269,282 SH
25 AMAZON COM INC AMZN 023135106 $79.9M 0.59% 335,204 SH
26 INVESCO QQQ TR Put QQQ 46090E103 $73.6M 0.55% 100,000 SH
27 BOEING CO Put BA 097023105 $70.7M 0.52% 326,800 SH
28 JD.COM INC Call JD 47215P106 $69.4M 0.51% 2,735,600 SH
29 MICROSOFT CORP Call MSFT 594918104 $66.8M 0.49% 179,000 SH
30 CHEVRON CORPORATION CVX 166764100 $66.3M 0.49% 400,153 SH
31 ISHARES INC Call EWY 464286772 $62.6M 0.46% 310,000 SH
32 NVIDIA CORPORATION NVDA 67066G104 $60.1M 0.44% 300,131 SH
33 NVIDIA CORPORATION NVDA 67066G104 $58.4M 0.43% 291,917 SH
34 CROWDSTRIKE HLDGS INC Call CRWD 22788C105 $57.5M 0.43% 75,400 SH
35 CROWDSTRIKE HLDGS INC Put CRWD 22788C105 $57.5M 0.43% 75,400 SH
36 SELECT SECTOR SPDR TR XLY 81369Y407 $56.6M 0.42% 482,681 SH
37 MICROSOFT CORP Call MSFT 594918104 $56.0M 0.41% 150,000 SH
38 ISHARES TR Put LQD 464287242 $54.5M 0.40% 500,000 SH
39 BOEING CO Call BA 097023105 $54.4M 0.40% 251,500 SH
40 ELI LILLY & CO LLY 532457108 $49.5M 0.37% 41,294 SH
41 PALANTIR TECHNOLOGIES INC Call PLTR 69608A108 $47.4M 0.35% 406,300 SH
42 ALPHABET INC Put GOOGL 02079K305 $46.5M 0.34% 130,000 SH
43 SANDISK CORP SNDK 80004C200 $46.0M 0.34% 20,228 SH
44 PALANTIR TECHNOLOGIES INC Put PLTR 69608A108 $45.2M 0.33% 387,300 SH
45 BLOOM ENERGY CORP BE 093712107 $44.1M 0.33% 151,989 SH
46 ELI LILLY & CO LLY 532457108 $42.9M 0.32% 35,800 SH
47 META PLATFORMS INC Put META 30303M102 $42.0M 0.31% 74,500 SH
48 META PLATFORMS INC Call META 30303M102 $40.6M 0.30% 72,100 SH
49 NVIDIA CORPORATION Call NVDA 67066G104 $40.0M 0.30% 200,000 SH
50 ALIBABA GROUP HLDG LTD Call BABA 01609W102 $39.9M 0.30% 417,100 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $13.51B 2,241 0000905148-26-003711
2026-03-31 2026-05-15 $11.31B 2,477 0000905148-26-002360
2025-12-31 2026-02-17 $9.16B 1,878 0000905148-26-000855
2025-09-30 2025-11-14 $22.40B 2,007 0000905148-25-004026
Filer Information
Address
6TH FLOOR
37 ESPLANADE
ST. HELIER JE2 3QA
Phone
44 1534 605 400
Filing Manager
Brevan Howard Capital Management LP
ST. HELIER, Y9
Signatory
Donal Reamonn O'Sullivan
Head of Compliance and Authorized Signatory