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Asset Manager ← All Institutions

Capula Management Ltd

Q2 2025 · Filed 2025-08-13
Market Value
$8.1B
-39.9%
Holdings
452
+2
New Purchases
87
Added To
45
Closed
207
Reduced
111
Top 10 Concentration
96.1%
Turnover
65.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 24.22% 9.00% +15.22% $2.0B
IBIT 7.14% 2.68% +4.46% $580M
QQQ 1.81% 0.14% +1.67% $147M
ETHA 1.26% 0.19% +1.07% $102M
K 0.40% 0.04% +0.36% $33M
FETH 0.56% 0.23% +0.33% $45M
BPMC 0.25% 0.00% +0.25% $20M
EEM 0.25% 0.02% +0.22% $20M
ESGR 0.15% 0.00% +0.15% $12M
FYBR 0.25% 0.11% +0.14% $20M
EMB 0.12% 0.00% +0.12% $10M
SCHN 0.12% 0.00% +0.12% $10M
KRE 0.11% 0.00% +0.11% $9M
QSR 0.10% 0.00% +0.10% $8M
GLXY 0.09% 0.00% +0.09% $7M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
IVV 58.52% 63.91% -5.39% $4.8B
NVDA 0.00% 4.41% -4.41% $0
MSTR 0.00% 2.77% -2.77% $229K
BRK-B 0.00% 1.18% -1.18% $0
UBER 0.00% 1.11% -1.11% $0
VOO 0.00% 0.89% -0.89% $0
AMD 0.00% 0.87% -0.87% $0
BA 0.00% 0.85% -0.85% $0
TMUS 0.00% 0.79% -0.79% $172K
XOM 0.00% 0.71% -0.70% $382K
AMGN 0.00% 0.69% -0.69% $187K
DELL 0.00% 0.67% -0.67% $0
COST 0.00% 0.67% -0.67% $221K
FBTC 1.73% 2.29% -0.56% $141M
IBM 0.00% 0.50% -0.50% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 61 $6.9B 84.8%
Large Cap 214 $933M 11.5%
Mid Cap 113 $282M 3.5%
Small Cap 51 $17M 0.2%
Micro Cap 13 $0 0.0%

Portfolio Analytics

Avg Market Cap
$150.8B
Median Market Cap
$26.1B
Avg P/E
34.2
Median P/E
24.7
Avg Dividend Yield
0.05%
Avg Beta
1.11
# Stocks
413
# ETFs / Funds
39

Top Holdings (452 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 IVV 58.52% 7,658,145 $4.8B $620.90 -$3.9B -7,720,982 -50.2%
2 SPY 24.22% 3,185,123 $2.0B $617.85 $752M +1,010,844 +46.5%
3 IBIT 7.14% 9,481,233 $580M $61.21 $218M +1,739,073 +22.5%
4 QQQ 1.81% 266,518 $147M $551.64 $128M +226,842 +571.7%
5 FBTC 1.73% 1,497,174 $141M $93.99 -$169M -2,801,938 -65.2%
6 ETHA 1.26% 5,354,800 $102M $19.07 $77M +3,542,508 +195.5%
7 FETH 0.56% 1,796,196 $45M $25.17 $15M +128,050 +7.7%
8 K 0.40% 410,000 $33M $79.53 $27M +343,595 +517.4%
9 EEM 0.25% 418,786 $20M $48.24 $17M +343,128 +453.5%
10 BPMC 0.25% 156,114 $20M $128.18 +156,114 NEW
11 FYBR 0.25% 549,470 $20M $36.40 $5M +131,470 +31.4%
12 ESGR 0.15% 35,657 $12M $336.36 +35,657 NEW
13 TLT 0.13% 120,353 $11M $88.25 -$5M -49,050 -28.9%
14 LNG 0.13% 41,818 $10M $243.52 $4M +15,852 +61.0%
15 EMB 0.12% 108,677 $10M $92.62 +108,677 NEW
16 SCHN 0.12% 320,957 $10M $29.69 +320,957 NEW
17 NWSA 0.11% 309,154 $9M $29.72 $792K +708 +0.2%
18 KRE 0.11% 147,712 $9M $59.39 +147,712 NEW
19 QSR 0.10% 124,539 $8M $66.29 +124,539 NEW
20 APP 0.10% 22,390 $8M $350.08 $2M +1,246 +5.9%
21 GLXY 0.09% 306,615 $7M $24.23 +306,615 NEW
22 BRDG 0.09% 734,524 $7M $10.01 $6M +585,637 +393.3%
23 SHOP 0.08% 57,728 $7M $115.35 $1M -1,101 -1.9%
24 IPG 0.08% 269,625 $7M $24.48 +269,625 NEW
25 TSLA 0.08% 20,266 $6M $317.66 $3M +6,345 +45.6%
26 SKX 0.07% 95,500 $6M $63.10 +95,500 NEW
27 T 0.07% 205,074 $6M $28.94 $6M +190,684 +1325.1%
28 HOOD 0.07% 63,215 $6M $93.63 $4M +16,594 +35.6%
29 DVY 0.07% 43,303 $6M $132.81 +43,303 NEW
30 INDA 0.07% 101,875 $6M $55.68 -$992K -27,588 -21.3%
31 CRH.L 0.07% 60,673 $6M $91.80 -$1M -18,264 -23.1%
32 MCHI 0.07% 99,400 $5M $55.10 $70K
33 SLB 0.07% 160,576 $5M $33.80 $5M +158,206 +6675.4%
34 XLE 0.06% 56,272 $5M $84.81 +56,272 NEW
35 UHAL-B 0.05% 80,935 $4M $54.37 -$1M -17,326 -17.6%
36 CNA 0.05% 87,938 $4M $46.53 $3M +68,032 +341.8%
37 AAPL 0.04% 17,233 $4M $205.17 -$2M -5,444 -24.0%
38 TGI 0.04% 132,353 $3M $25.75 +132,353 NEW
39 SLV 0.04% 96,197 $3M $32.81 $3M +87,688 +1030.5%
40 URBN 0.04% 42,258 $3M $72.54 +42,258 NEW
41 BABA 0.04% 26,402 $3M $113.41 $440K +7,086 +36.7%
42 IBN 0.03% 83,795 $3M $33.64 $2M +54,314 +184.2%
43 PFE 0.03% 115,391 $3M $24.24 $752K +34,670 +43.0%
44 GDX 0.03% 53,376 $3M $52.06 -$4M -93,504 -63.7%
45 0JUJ.L 0.03% 28,284 $3M $94.96 $1M +12,671 +81.2%
46 XLF 0.03% 50,164 $3M $52.37 +50,164 NEW
47 GOOGL 0.03% 14,549 $3M $176.23 -$4M -30,866 -68.0%
48 BIDU 0.03% 27,158 $2M $85.76 -$9M -93,842 -77.6%
49 LEN 0.03% 20,697 $2M $110.61 -$554K -4,078 -16.5%
50 ASX 0.03% 216,529 $2M $10.33 -$20M -2,314,191 -91.4%
51 LBRDK 0.03% 23,846 $2M $92.10 -$1M -15,144 -38.8%
52 SDY 0.03% 15,896 $2M $135.73 +15,896 NEW
53 COPX 0.03% 45,974 $2M $45.00 -$788K -27,155 -37.1%
54 FXI 0.03% 55,493 $2M $36.76 -$2M -67,918 -55.0%
55 FL 0.03% 83,000 $2M $24.50 +83,000 NEW
56 BIO 0.02% 8,287 $2M $241.32 -$218K -819 -9.0%
57 UAL 0.02% 23,978 $2M $79.63 +23,978 NEW
58 DDOG 0.02% 13,900 $2M $134.33 -$1M -19,080 -57.9%
59 SMH 0.02% 5,208 $1M $278.88 -$26M -123,505 -96.0%
60 AMLP 0.02% 29,345 $1M $48.86 $1M +22,545 +331.5%
61 PYPL 0.02% 18,977 $1M $74.32 -$871K -15,980 -45.7%
62 ARES 0.02% 7,850 $1M $173.20 -$5M -38,481 -83.1%
63 CVS 0.02% 19,485 $1M $68.98 $1M +17,911 +1137.9%
64 EWZ 0.02% 45,570 $1M $28.85 +45,570 NEW
65 XLB 0.02% 14,960 $1M $87.81 +14,960 NEW
66 TFPM.TO 0.02% 38,800 $1M $32.29 +38,800 NEW
67 MRVL 0.01% 15,500 $1M $77.40 $296K +830 +5.7%
68 SAND 0.01% 93,100 $1M $12.81 +93,100 NEW
69 NGD 0.01% 170,100 $1M $6.77 +170,100 NEW
70 WHR 0.01% 11,315 $1M $101.42 +11,315 NEW
71 FSM 0.01% 123,200 $1M $8.91 +123,200 NEW
72 MAG 0.01% 37,800 $1M $28.93 +37,800 NEW
73 NFLX 0.01% 804 $1M $1,339.13 $220K -115 -12.5%
74 KWEB 0.01% 30,655 $1M $34.33 -$564K -15,641 -33.8%
75 BBUC 0.01% 24,500 $1M $42.61 +24,500 NEW
76 ORLA 0.01% 73,500 $1M $13.68 +73,500 NEW
77 INFY 0.01% 53,293 $988K $18.53 $15K
78 SILJ 0.01% 65,728 $973K $14.80 +65,728 NEW
79 SIL 0.01% 20,000 $963K $48.14 -$1M -34,490 -63.3%
80 CVX 0.01% 6,118 $876K $143.19 -$6M -33,903 -84.7%
81 CVNA 0.01% 2,341 $789K $336.96 +2,341 NEW
82 EL 0.01% 9,415 $761K $80.80 -$1M -18,533 -66.3%
83 EQX 0.01% 93,870 $738K $7.86 +93,870 NEW
84 MRK 0.01% 9,112 $721K $79.16 $382K +5,331 +141.0%
85 CWAN 0.01% 30,642 $672K $21.93 +30,642 NEW
86 LYFT 0.01% 42,554 $671K $15.76 +42,554 NEW
87 BFAM 0.01% 5,278 $652K $123.59 +5,278 NEW
88 TW 0.01% 4,407 $645K $146.40 +4,407 NEW
89 LEVI 0.01% 34,380 $636K $18.49 +34,380 NEW
90 TTD 0.01% 8,800 $634K $71.99 -$1M -24,900 -73.9%
91 ASML 0.01% 782 $627K $801.39 -$2M -3,329 -81.0%
92 SQ 0.01% 9,215 $626K $67.93 -$24M -440,785 -98.0%
93 HEI 0.01% 1,900 $623K $328.00 +1,900 NEW
94 FCX 0.01% 14,232 $617K $43.35 $373K +7,793 +121.0%
95 VRT 0.01% 4,800 $616K $128.41 +4,800 NEW
96 GDS 0.01% 20,000 $611K $30.57 +20,000 NEW
97 VEEV 0.01% 2,100 $605K $287.98 +2,100 NEW
98 LPLA 0.01% 1,600 $600K $374.97 +1,600 NEW
99 FERG 0.01% 2,700 $588K $217.75 +2,700 NEW
100 ASHR 0.01% 19,476 $536K $27.54 -$9M -353,945 -94.8%

Options Breakdown

213 Calls $1.5B Call Value 218 Puts $1.1B Put Value 0.71 P/C Ratio

Top Calls

SymbolSharesValueStatus
QQQ 1,465,000 $808M
SMH 592,700 $165M
EEM 3,007,100 $145M
IWM 480,000 $104M NEW
SLV 1,570,000 $52M
GLD 150,000 $46M
AVGO 73,500 $20M
FXI 500,000 $18M
CRM 61,300 $17M
MSFT 17,000 $8M

Top Puts

SymbolSharesValueStatus
QQQ 655,000 $361M
SMH 677,700 $189M
HYG 1,250,000 $101M
SPY 148,000 $91M
KRE 1,216,600 $72M NEW
AVGO 94,800 $26M
FXI 500,000 $18M NEW
MSFT 29,500 $15M
NVDA 89,800 $14M
TSLA 41,000 $13M

New Positions

SymbolValue% Port
BPMC $20M 0.25%
ESGR $12M 0.15%
EMB $10M 0.12%
SCHN $10M 0.12%
KRE $9M 0.11%
QSR $8M 0.10%
GLXY $7M 0.09%
IPG $7M 0.08%
SKX $6M 0.07%
DVY $6M 0.07%
XLE $5M 0.06%
TGI $3M 0.04%
URBN $3M 0.04%
XLF $3M 0.03%
SDY $2M 0.03%

Sold Out Positions

SymbolValue% Port
UAMY —%
DIS —%
UBER —%
NOW —%
QXO —%
M —%
AUB —%
DNOW —%
HLT —%
GE —%
SNOW —%
NCLH —%
CHWY —%
MS —%
AES —%
View SEC EDGAR Filings for Capula Management Ltd →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms