Brevan Howard Capital Management LP — 13F Holdings & Portfolio
CIK 1512857 · latest 13F-HR filed 2026-05-15
Brevan Howard Capital Management LP manages $11.31B in 13F-reported U.S. long-equity assets across 2,477 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IBIT (8.26%), QQQ (6.70%), NVDA (4.35%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 802 new positions, exited 419, added to 605, and trimmed 559.
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.
$11.31B
Long-equity book
2,477
Distinct positions
2026-03-31
Filed 2026-05-15
+802 / −419 / ↑605 / ↓559
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- INVESCO QQQ TR$841.9M +6229.4%
- ISHARES BITCOIN TRUST ETF$658.3M +238.9%
- NVIDIA CORPORATION$409.4M +435.4%
- TESLA INC$356.1M +577.3%
- ISHARES TR$224.5M +1609.5%
Top Trims
- ALPHABET INC-$148.8M -86.5%
- ALPHABET INC-$135.8M -90.2%
- WALMART INC-$79.6M -81.6%
- BROADCOM INC-$66.9M -91.1%
- BARRICK MNG CORP-$65.0M -99.6%
New Positions
- ISHARES TR$510.8M
- PDD HOLDINGS INC$295.1M
- ISHARES TR$216.5M
- SELECT SECTOR SPDR TR$123.4M
- ISHARES INC$117.9M
Exited Positions
- FIRST TR EXCHANGE TRADED FD$452.0M
- ISHARES TR$112.0M
- SPOT 0 03/26$37.4M
- F 0 03/26$31.4M
- AKAM 1.125 02/29$23.8M
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 BITCOIN TRUST ETF | IBIT | 46438F101 | $933.8M | 8.26% | 24,304,788 | SH |
| 2 | INVESCO QQQ TR | QQQ | 46090E103 | $757.3M | 6.70% | 1,312,035 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $492.0M | 4.35% | 2,893,263 | SH |
| 4 | TESLA INC | TSLA | 88160R101 | $374.6M | 3.31% | 1,007,768 | SH |
| 5 | ISHARES TR | HYG | 464288513 | $355.6M | 3.14% | 4,470,000 | SH |
| 6 | ISHARES TR Put | LQD | 464287242 | $299.7M | 2.65% | 2,750,000 | SH |
| 7 | PDD HOLDINGS INC | PDD | 722304102 | $295.1M | 2.61% | 180,500 | SH |
| 8 | ISHARES TR Call | TLT | 464287432 | $281.7M | 2.49% | 3,250,000 | SH |
| 9 | ISHARES TR | TLT | 464287432 | $238.4M | 2.11% | 2,750,000 | SH |
| 10 | ISHARES TR | FXI | 464287184 | $216.5M | 1.91% | 6,030,000 | SH |
| 11 | ISHARES TR | LQD | 464287242 | $215.3M | 1.90% | 1,975,000 | SH |
| 12 | ISHARES TR Call | HYG | 464288513 | $198.9M | 1.76% | 2,500,000 | SH |
| 13 | SPDR GOLD TR | GLD | 78463V107 | $184.0M | 1.63% | 427,603 | SH |
| 14 | ISHARES TR | HYG | 464288513 | $155.1M | 1.37% | 1,950,000 | SH |
| 15 | SELECT SECTOR SPDR TR | XLF | 81369Y605 | $123.4M | 1.09% | 2,500,000 | SH |
| 16 | ISHARES INC | EWZ | 464286400 | $114.2M | 1.01% | 2,974,395 | SH |
| 17 | PALANTIR TECHNOLOGIES INC | PLTR | 69608A108 | $109.7M | 0.97% | 774,742 | SH |
| 18 | BOEING CO | BA | 097023105 | $101.7M | 0.90% | 511,019 | SH |
| 19 | INVESCO QQQ TR | QQQ | 46090E103 | $98.1M | 0.87% | 170,000 | SH |
| 20 | AGNC INVT CORP Put | AGNC | 00123Q104 | $95.5M | 0.84% | 9,524,200 | SH |
| 21 | META PLATFORMS INC | META | 30303M102 | $84.6M | 0.75% | 153,275 | SH |
| 22 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $77.6M | 0.69% | 1,102,565 | SH |
| 23 | SANDISK CORP | SNDK | 80004C200 | $75.4M | 0.67% | 118,643 | SH |
| 24 | MICRON TECHNOLOGY INC | MU | 595112103 | $72.0M | 0.64% | 213,160 | SH |
| 25 | SCHWAB CHARLES CORP | SCHW | 808513105 | $71.2M | 0.63% | 770,141 | SH |
| 26 | SELECT SECTOR SPDR TR | XLU | 81369Y886 | $68.8M | 0.61% | 1,500,000 | SH |
| 27 | NETFLIX INC. | NFLX | 64110L106 | $66.1M | 0.58% | 700,200 | SH |
| 28 | GENERAL MTRS CO | GM | 37045V100 | $63.6M | 0.56% | 853,565 | SH |
| 29 | CROWDSTRIKE HLDGS INC | CRWD | 22788C105 | $56.0M | 0.49% | 143,316 | SH |
| 30 | ALIBABA GROUP HLDG LTD | BABAF | 01609WBG6 | $51.1M | 0.45% | 37,500,000 | PRN |
| 31 | SELECT SECTOR SPDR TR | XLB | 81369Y100 | $50.0M | 0.44% | 1,000,000 | SH |
| 32 | SELECT SECTOR SPDR TR | XLP | 81369Y308 | $49.2M | 0.43% | 600,000 | SH |
| 33 | JD.COM INC | JD | 47215P106 | $47.8M | 0.42% | 1,649,000 | SH |
| 34 | TESLA INC | TSLA | 88160R101 | $43.2M | 0.38% | 116,107 | SH |
| 35 | APPLE INC | AAPL | 037833100 | $38.5M | 0.34% | 151,567 | SH |
| 36 | VANECK ETF TRUST | GDX | 92189F106 | $36.7M | 0.32% | 400,000 | SH |
| 37 | MICROSOFT CORP | MSFT | 594918104 | $33.8M | 0.30% | 91,410 | SH |
| 38 | EVERGY INC | EVRG | 30034WAD8 | $33.5M | 0.30% | 25,000,000 | PRN |
| 39 | PERPETUA RESOURCES CORP | PPTA | 714266103 | $32.9M | 0.29% | 1,225,000 | SH |
| 40 | ISHARES INC | EWY | 464286772 | $32.8M | 0.29% | 266,781 | SH |
| 41 | KRANESHARES TRUST | KWEB | 500767306 | $31.3M | 0.28% | 1,100,000 | SH |
| 42 | META PLATFORMS INC | META | 30303M102 | $30.7M | 0.27% | 55,547 | SH |
| 43 | CONOCOPHILLIPS | COP | 20825C104 | $30.6M | 0.27% | 232,000 | SH |
| 44 | CME GROUP INC | CME | 12572Q105 | $30.3M | 0.27% | 102,706 | SH |
| 45 | SNOWFLAKE INC | SNOW | 833445AD1 | $30.2M | 0.27% | 25,000,000 | PRN |
| 46 | AGNC INVT CORP Call | AGNC | 00123Q104 | $30.1M | 0.27% | 3,000,000 | SH |
| 47 | ALIBABA GROUP HLDG LTD Call | BABA | 01609W102 | $28.5M | 0.25% | 233,300 | SH |
| 48 | ALIBABA GROUP HLDG LTD Put | BABA | 01609W102 | $28.5M | 0.25% | 233,200 | SH |
| 49 | ISHARES TR Put | EEM | 464287234 | $28.4M | 0.25% | 500,000 | SH |
| 50 | NIOCORP DEVS LTD | NB | 654484609 | $28.0M | 0.25% | 6,485,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 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 |