Capula Management Ltd — 13F Holdings & Portfolio
CIK 1557017 · latest 13F-HR filed 2026-05-14
Capula Management Ltd manages $14.06B in 13F-reported U.S. long-equity assets across 1,256 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are IVV (42.25%), SPY (28.41%), TSLA (1.82%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 209 new positions, exited 113, added to 106, and trimmed 92.
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.
$14.06B
Long-equity book
1,256
Distinct positions
2026-03-31
Filed 2026-05-14
+209 / −113 / ↑106 / ↓92
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ISHARES TR$5.52B +1306.3%
- CLEARWATER ANALYTICS HLDGS I$60.3M +2010.9%
- AMICUS THERAPEUTIC$45.7M +10703.1%
- LIBERTY BROADBAND CORP$35.4M +519.1%
- AES CORP$34.7M +21324.6%
Top Trims
- VANGUARD INDEX FDS-$7.43B -99.5%
- INTERNATIONAL BUSINESS MACHS-$201.6M -99.9%
- ALIBABA GROUP HLDG LTD-$198.1M -93.2%
- UBER TECHNOLOGIES INC-$184.8M -99.8%
- ALPHABET INC-$118.2M -93.0%
New Positions
- ALLIED GOLD CORP$43.2M
- CHART INDS INC$34.4M
- PENUMBRA INC$33.4M
- ONESTREAM INC$25.8M
- DIGITALBRIDGE GROUP INC$25.7M
Exited Positions
- ISHARES BITCOIN TRUST ETF$470.7M
- ISHARES ETHEREUM TR$207.0M
- FIDELITY WISE ORIGIN BITCOIN$161.1M
- DELL TECHNOLOGIES INC$87.4M
- FIDELITY ETHEREUM FD$61.4M
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 | $5.94B | 42.25% | 9,094,984 | SH |
| 2 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $4.00B | 28.41% | 6,143,311 | SH |
| 3 | TESLA INC Call | TSLA | 88160R101 | $256.5M | 1.82% | 690,000 | SH |
| 4 | INVESCO QQQ TR Put | QQQ | 46090E103 | $123.1M | 0.88% | 213,300 | SH |
| 5 | NVIDIA CORPORATION Put | NVDA | 67066G104 | $122.1M | 0.87% | 700,000 | SH |
| 6 | META PLATFORMS INC Put | META | 30303M102 | $85.8M | 0.61% | 150,000 | SH |
| 7 | ISHARES TR Put | IWM | 464287655 | $77.9M | 0.55% | 314,000 | SH |
| 8 | INVESCO QQQ TR Put | QQQ | 46090E103 | $75.0M | 0.53% | 130,000 | SH |
| 9 | INVESCO QQQ TR Call | QQQ | 46090E103 | $75.0M | 0.53% | 130,000 | SH |
| 10 | ISHARES TR Put | IWM | 464287655 | $66.9M | 0.48% | 269,600 | SH |
| 11 | ISHARES TR Put | FXI | 464287184 | $61.3M | 0.44% | 1,706,200 | SH |
| 12 | ISHARES TR Call | IWM | 464287655 | $60.5M | 0.43% | 244,000 | SH |
| 13 | ISHARES TR Put | EEM | 464287234 | $49.7M | 0.35% | 875,500 | SH |
| 14 | NVIDIA CORPORATION Put | NVDA | 67066G104 | $43.5M | 0.31% | 249,200 | SH |
| 15 | ALLIED GOLD CORP | AAUC | 01921D204 | $43.2M | 0.31% | 1,002,000 | SH |
| 16 | STATE STR SPDR S&P 500 ETF T Call | SPY | 78462F103 | $41.9M | 0.30% | 64,400 | SH |
| 17 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $41.9M | 0.30% | 64,400 | SH |
| 18 | LIBERTY BROADBAND CORP | LBRDK | 530307305 | $41.0M | 0.29% | 814,448 | SH |
| 19 | NVIDIA CORPORATION Put | NVDA | 67066G104 | $40.7M | 0.29% | 233,600 | SH |
| 20 | CLEARWATER ANALYTICS HLDGS I | CWAN | 185123106 | $40.6M | 0.29% | 1,715,749 | SH |
| 21 | AMICUS THERAPEUTIC | FOLD | 03152W109 | $40.1M | 0.29% | 2,774,688 | SH |
| 22 | VANGUARD INDEX FDS | VOO | 922908363 | $38.5M | 0.27% | 64,495 | SH |
| 23 | VANECK ETF TRUST Call | SMH | 92189F676 | $38.3M | 0.27% | 100,000 | SH |
| 24 | CHART INDS INC | GTLS | 16115Q308 | $34.4M | 0.24% | 166,320 | SH |
| 25 | AMAZON COM INC Put | AMZN | 023135106 | $34.3M | 0.24% | 164,700 | SH |
| 26 | APPLE INC Put | AAPL | 037833100 | $34.3M | 0.24% | 135,100 | SH |
| 27 | SEALED AIR CORP NEW | SEE | 81211K100 | $33.0M | 0.23% | 784,800 | SH |
| 28 | INVESCO QQQ TR Call | QQQ | 46090E103 | $31.8M | 0.23% | 55,100 | SH |
| 29 | TESLA INC Put | TSLA | 88160R101 | $31.7M | 0.23% | 85,400 | SH |
| 30 | NVIDIA CORPORATION | NVDA | 67066G104 | $30.1M | 0.21% | 172,792 | SH |
| 31 | HOLOGIC INC | HOLX | 436440101 | $29.7M | 0.21% | 392,461 | SH |
| 32 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $27.7M | 0.20% | 42,600 | SH |
| 33 | APPLIED MATLS INC Put | AMAT | 038222105 | $27.6M | 0.20% | 80,800 | SH |
| 34 | DIGITALBRIDGE GROUP INC | DBRG | 25401T603 | $25.7M | 0.18% | 1,665,769 | SH |
| 35 | ISHARES TR | FXI | 464287184 | $25.6M | 0.18% | 712,191 | SH |
| 36 | MICROSOFT CORP Put | MSFT | 594918104 | $24.8M | 0.18% | 67,000 | SH |
| 37 | AES CORP | AES | 00130H105 | $24.8M | 0.18% | 1,759,050 | SH |
| 38 | PENUMBRA INC | PEN | 70975L107 | $22.9M | 0.16% | 69,600 | SH |
| 39 | CLEARWATER ANALYTICS HLDGS I | CWAN | 185123106 | $22.7M | 0.16% | 961,573 | SH |
| 40 | ISHARES TR | IWM | 464287655 | $22.6M | 0.16% | 91,315 | SH |
| 41 | NORFOLK SOUTHN CORP | NSC | 655844108 | $22.4M | 0.16% | 78,156 | SH |
| 42 | TESLA INC Put | TSLA | 88160R101 | $21.5M | 0.15% | 57,800 | SH |
| 43 | CSG SYS INTL INC | CSGS | 126349109 | $20.5M | 0.15% | 256,836 | SH |
| 44 | EVERGY INC | EVRG | 30034WAD8 | $20.3M | 0.14% | 15,000 | PRN |
| 45 | SELECT SECTOR SPDR TR Put | XLC | 81369Y852 | $20.2M | 0.14% | 181,900 | SH |
| 46 | ONESTREAM INC | OS | 68278B107 | $19.8M | 0.14% | 824,711 | SH |
| 47 | NVIDIA CORPORATION | NVDA | 67066G104 | $19.5M | 0.14% | 111,545 | SH |
| 48 | KENVUE INC | KVUE | 49177J102 | $19.4M | 0.14% | 1,123,000 | SH |
| 49 | MASIMO CORP | MASI | 574795100 | $19.4M | 0.14% | 108,800 | SH |
| 50 | KENVUE INC | KVUE | 49177J102 | $19.3M | 0.14% | 1,122,000 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-14 | $14.06B | 1,256 | 0001172661-26-001894 |
| 2025-12-31 | 2026-02-13 | $19.96B | 960 | 0001172661-26-000749 |
| 2025-09-30 | 2025-11-14 | $20.09B | 913 | 0001172661-25-005004 |