Capula Management Ltd
CIK: 0001557017Latest portfolio: $20.0B · Q4 2025
Holdings
382
Total Value
$20.0B
New Positions
86
Closed Positions
58
Top Holdings
View All 382 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | VOOVANGUARD INDEX FDS | 11,903,616 | $7.5B | 37.39% | +11.9M | |
| 2 | SPYSPDR S&P 500 ETF TR | 5,920,777 | $4.0B | 20.21% | +2.8M | Put |
| 3 | BABAALIBABA GROUP HLDG LTD | 3,377,316 | $491.0M | 2.46% | +1.7M | Put |
| 4 | IBITISHARES BITCOIN TRUST ETF | 9,481,233 | $470.0M | 2.35% | -676 | |
| 5 | IVVISHARES TR | 616,758 | $422.0M | 2.11% | -9,817,612 | |
| 6 | IBMINTERNATIONAL BUSINESS MACHS | 1,366,574 | $401.0M | 2.01% | +1.4M | Put |
| 7 | UBERUBER TECHNOLOGIES INC | 4,542,865 | $368.0M | 1.84% | +2.4M | Put |
| 8 | SMHVANECK ETF TRUST | 1,002,644 | $360.0M | 1.80% | +30K | Put |
| 9 | GOOGLALPHABET INC | 1,047,122 | $323.0M | 1.62% | +747K | Put |
| 10 | NDQINVESCO QQQ TR | 484,595 | $295.0M | 1.48% | -1,955,985 | Put |
| 11 | EEMISHARES TR | 4,727,718 | $256.0M | 1.28% | +1.8M | Put |
| 12 | AAPLAPPLE INC | 925,543 | $247.0M | 1.24% | -346,046 | Put |
| 13 | QCOMQUALCOMM INC | 1,343,900 | $226.0M | 1.13% | +1.3M | Put |
| 14 | ETHAISHARES ETHEREUM TR | 9,227,427 | $206.0M | 1.03% | +359K | |
| 15 | METAMETA PLATFORMS INC | 318,154 | $204.0M | 1.02% | +238K | Put |
| 16 | XOMEXXON MOBIL CORP | 1,684,916 | $201.0M | 1.01% | +1.6M | Put |
| 17 | CATCATERPILLAR INC | 343,600 | $193.0M | 0.97% | +339K | Put |
| 18 | COINCOINBASE GLOBAL INC | 855,157 | $192.0M | 0.96% | -199,640 | Put |
| 19 | PYPLPAYPAL HLDGS INC | 3,230,639 | $185.0M | 0.93% | +3.1M | Put |
| 20 | CEGCONSTELLATION ENERGY CORP | 513,300 | $180.0M | 0.90% | +498K | Put |
| 21 | DELLDELL TECHNOLOGIES INC | 1,411,886 | $174.0M | 0.87% | -269,420 | Put |
| 22 | NVDANVIDIA CORPORATION | 924,896 | $169.0M | 0.85% | -272,677 | Put |
| 23 | FBTCFIDELITY WISE ORIGIN BITCOIN | 2,112,794 | $161.0M | 0.81% | — | |
| 24 | SLVISHARES SILVER TR | 2,136,319 | $136.0M | 0.68% | -163,681 | Put |
| 25 | TSLATESLA INC | 299,134 | $131.0M | 0.66% | -52,489 | Put |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
Technology0.0% ($4.01000368000247e+225T)
Financial Services0.0% ($7.464000403500046e+201T)
Consumer Cyclical0.0% ($4.910001310008e+110T)
Unknown0.0% ($2.9500010000051e+101T)
Healthcare0.0% ($7.300041000270001e+70T)
Industrials0.0% ($1.930001500014e+64T)
Communication Services0.0% ($3.230002040001e+59T)
Consumer Defensive0.0% ($2.4000190001500072e+24T)
Energy0.0% ($2.01000600040004e+24T)
Utilities0.0% ($1.80000400030002e+22T)
Basic Materials0.0% ($1100030002000100096.0T)
Real Estate0.0% ($3000200010001.0T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 13, 2026 | $20.0B | 960 |
| Q3 2025 | Nov 14, 2025 | $20.1T | 913 |
| Q2 2025 | Aug 13, 2025 | $10.8T | 0 |
| Q1 2025 | May 14, 2025 | $18.0T | 860 |
| Q4 2024 | Feb 13, 2025 | $17.2T | 479 |
| Q3 2024 | Nov 13, 2024 | $9854.6T | 528 |
| Q2 2024 | Aug 5, 2024 | $12185.4T | 466 |
| Q1 2024 | May 9, 2024 | $4219.1T | 544 |
| Q4 2023 | Feb 12, 2024 | $2497.2T | 303 |
| Q3 2023 | Nov 3, 2023 | $4767.5T | 554 |
| Q2 2023 | Aug 14, 2023 | $4097.3T | 442 |
| Q1 2023 | May 10, 2023 | $8273.0T | 858 |
| Q4 2022 | Feb 14, 2023 | $7424.6T | 766 |
| Q3 2022 | Nov 14, 2022 | $7.4T | 653 |
| Q2 2022 | Aug 15, 2022 | $5.9T | 350 |
| Q1 2022 | May 17, 2022 | $7.0T | 300 |
| Q4 2021 | Feb 14, 2022 | $4.7T | 187 |
| Q3 2021 | Nov 15, 2021 | $8.1T | 1,005 |
| Q2 2021 | Aug 13, 2021 | $6.2T | 869 |
| Q1 2021 | May 14, 2021 | $5.1T | 568 |
| Q4 2020 | Feb 16, 2021 | $2.0T | 292 |
| Q3 2020 | Nov 16, 2020 | $785.3B | 137 |
| Q2 2020 | Aug 14, 2020 | $2.8T | 300 |
| Q1 2020 | May 15, 2020 | $2.8T | 355 |
| Q4 2019 | Feb 14, 2020 | $4.7T | 371 |
| Q3 2019 | Nov 14, 2019 | $4.7T | 301 |
| Q2 2019 | Aug 9, 2019 | $485.6B | 103 |
| Q1 2019 | May 14, 2019 | $75.0B | 7 |
| Q4 2018 | Feb 14, 2019 | $585.7B | 13 |
| Q3 2018 | Nov 13, 2018 | $1.2T | 14 |
| Q2 2018 | Aug 14, 2018 | $620.7B | 12 |
| Q1 2018 | May 14, 2018 | $668.6B | 11 |
| Q4 2017 | Feb 12, 2018 | $588.6B | 7 |
| Q3 2017 | Nov 13, 2017 | $481.0B | 4 |
| Q2 2017 | Aug 11, 2017 | $403.0B | 5 |
| Q1 2017 | May 15, 2017 | $616.1B | 8 |
| Q4 2016 | Feb 13, 2017 | $184.4B | 10 |
| Q3 2016 | Nov 14, 2016 | $45.9T | 17 |
| Q2 2016 | Aug 10, 2016 | $24.3T | 6 |
| Q1 2016 | May 11, 2016 | $11.0T | 5 |
Fund Information
Capula Management Ltd is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $20.0B across 382 holdings. The largest position is VANGUARD INDEX FDS (VOO), representing 37.4% of the portfolio. Compared to the previous quarter, the fund opened 98 new positions and closed 71 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.