Capula Management Ltd

13F filer · CIK 0001557017

Reported Aug 14, 2026

13F portfolio value$28BU.S. long equity reported on 13F

Positions275Not reported new · Not reported closed

Net flow last quarterNot reportedBuys minus sells

Top 10 positions weight17.7%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 14, 2026275 positions
SPYSPDR S&P 500 ETF Trust	$3.43B	12.26%	Not reported	-25.4%	Q3 2018
BABAAlibaba Group Holding Ltd	$321M	1.15%	0.18%	+2818.9%	Q3 2019
BABoeing Co	$206M	0.74%	0.12%	+13323.3%	Q2 2019
WDCWestern Digital Corp	$179M	0.64%	0.08%	Not reported	Q4 2019
UBERUber Technologies, Inc	$159M	0.57%	0.11%	+44158.2%	Q4 2019
INTCIntel Corp	$147M	0.53%	0.02%	+1228.5%	Q4 2019
PDDPDD Holdings Inc.	$146M	0.52%	0.03%	+10790.3%	Q2 2021
WMTWalmart Inc.	$142M	0.51%	0.02%	+10700.1%	Q1 2020
AVGOBroadcom Inc.	$118M	0.42%	0.01%	+731.1%	Q4 2019
TSLATesla, Inc.	$114M	0.41%	0.01%	+442.4%	Q4 2019
AMGNAmgen Inc	$109M	0.39%	0.06%	+491808.2%	Q1 2021
LINLinde PLC	$104M	0.37%	0.04%	+435073.9%	Q3 2021
CRDOCredo Technology Group Holding Ltd	$96.5M	0.34%	0.19%	+832.2%	Q1 2026
MSTRStrategy Inc	$87.1M	0.31%	Not reported	+22397.4%	Q3 2021
WBDWarner Bros. Discovery, Inc.	$83.6M	0.30%	0.13%	+154.7%	Q4 2024
QCOMQualcomm Inc	$77.7M	0.28%	0.04%	+2573.8%	Q4 2019
KLACKla Corp	$68M	0.24%	0.02%	+1257.4%	Q2 2021
NKENIKE, Inc.	$65.7M	0.23%	0.09%	+21875.7%	Q4 2019
ADIAnalog Devices Inc	$59.7M	0.21%	0.03%	+2197.8%	Q1 2021
ULTAUlta Beauty, Inc.	$58.6M	0.21%	0.30%	Not reported	Q3 2021
KVUEKenvue Inc.	$58.6M	0.21%	0.16%	+36.5%	Q4 2025
AAOIApplied Optoelectronics, Inc.	$56.4M	0.20%	0.45%	New	Q2 2026
SOFISoFi Technologies, Inc.	$53.8M	0.19%	0.23%	Not reported	Q1 2023
AESAes Corp	$51.3M	0.18%	0.49%	+41.6%	Q3 2021
ECHOEchoStar CORP	$50.9M	0.18%	1.05%	Not reported	Q3 2023
PYPLPayPal Holdings, Inc.	$50.8M	0.18%	0.14%	+65718.7%	Q3 2019
AXONAxon Enterprise, Inc.	$44.8M	0.16%	0.10%	+95138.1%	Q3 2025
OGNOrganon & Co.	$41.3M	0.15%	1.16%	Not reported	Q2 2021
NVDANvidia Corp	$37.1M	0.13%	0.00%	-44.9%	Q1 2020
VALValaris Ltd	$37.1M	0.13%	0.74%	+822.0%	Q1 2025
GEVGE Vernova Inc.	$35.6M	0.13%	0.01%	+2118.7%	Q1 2025
ANETArista Networks, Inc.	$34M	0.12%	0.02%	+17352.0%	Q2 2021
VRTVertiv Holdings Co	$34M	0.12%	0.03%	Not reported	Q3 2023
HLTHilton Worldwide Holdings Inc.	$33.3M	0.12%	0.04%	+13880.2%	Q3 2021
UPSUnited Parcel Service Inc	$32.3M	0.12%	0.04%	+50182.1%	Q1 2020
WBSWebster Financial Corp	$32M	0.11%	0.26%	+186.9%	Q3 2021
BLDTopBuild Corp	$28.4M	0.10%	0.28%	New	Q2 2026
MARMarriott International Inc	$27.9M	0.10%	0.03%	+9663.0%	Q2 2020
GTLSChart Industries Inc	$27.5M	0.10%	0.28%	-20.7%	Q3 2025
PENPenumbra Inc	$26.2M	0.09%	0.21%	-18.5%	Q2 2021
NSCNorfolk Southern Corp	$25M	0.09%	0.04%	-45.2%	Q1 2020
CEGConstellation Energy Corp	$24.1M	0.09%	0.03%	+800.3%	Q4 2022
COINCoinbase Global, Inc.	$23.4M	0.08%	0.06%	+142802.7%	Q2 2023
QQQInvesco QQQ Trust, Series 1	$22.8M	0.08%	Not reported	-8.2%	Q4 2019
CDNSCadence Design Systems Inc	$21M	0.08%	0.02%	+946.0%	Q2 2021
CLSCelestica Inc	$20.4M	0.07%	0.05%	New	Q2 2026
IBMInternational Business Machines Corp	$17.7M	0.06%	0.01%	+9627.8%	Q2 2019
TXNMTXNM Energy Inc	$17.5M	0.06%	0.28%	+753.9%	Q1 2026
ZSZscaler, Inc.	$17.2M	0.06%	0.08%	Not reported	Q2 2021
LULUlululemon athletica inc.	$17.2M	0.06%	0.14%	Not reported	Q1 2020

Q1 2026Reported May 14, 2026380 positions
SPYSPDR S&P 500 ETF Trust	$4.01B	28.49%	Not reported	+8.8%	Q3 2018
CWANClearwater Analytics Holdings, Inc.	$63.3M	0.45%	Not reported	+2052.9%	Q2 2025
NVDANvidia Corp	$58.7M	0.42%	0.00%	+38.9%	Q1 2020
FOLDAmicus Therapeutics, Inc.	$46.2M	0.33%	1.02%	+10538.7%	Q3 2021
AAUCAllied Gold Corp	$43.2M	0.31%	0.80%	New	Q1 2026
LBRDKLiberty Broadband Corp	$42.2M	0.30%	Not reported	+498.2%	Q4 2022
NSCNorfolk Southern Corp	$41.5M	0.30%	0.06%	+189.5%	Q1 2020
KVUEKenvue Inc.	$38.7M	0.28%	0.12%	+137.7%	Q4 2025
SEESealed Air Corp	$38.6M	0.27%	0.62%	+62.2%	Q4 2025
HOLXHologic Inc	$35.2M	0.25%	0.21%	+137.1%	Q3 2021
AESAes Corp	$34.9M	0.25%	0.35%	+21704.7%	Q3 2021
GTLSChart Industries Inc	$34.4M	0.24%	0.35%	Not reported	Q3 2025
WBDWarner Bros. Discovery, Inc.	$33.8M	0.24%	0.05%	-22.9%	Q4 2024
PENPenumbra Inc	$33.4M	0.24%	0.26%	Not reported	Q2 2021
EAElectronic Arts Inc.	$30.2M	0.21%	Not reported	+12.1%	Q3 2019
DBRGDigitalBridge Group, Inc.	$25.7M	0.18%	0.91%	Not reported	Q1 2023
MASIMasimo Corp	$25.4M	0.18%	0.27%	Not reported	Q2 2021
CSGSCSG Systems International Inc	$20.6M	0.15%	0.90%	Not reported	Q1 2025
SNCYSun Country Airlines Holdings, Inc.	$20.1M	0.14%	2.25%	New	Q1 2026
QQQInvesco QQQ Trust, Series 1	$19.5M	0.14%	Not reported	-55.9%	Q4 2019
MSFTMicrosoft Corp	$19.3M	0.14%	0.00%	+1283.1%	Q1 2020
AMZNAmazon Com Inc	$19.1M	0.14%	0.00%	+1465.7%	Q2 2019
TSLATesla, Inc.	$18.5M	0.13%	0.00%	-51.2%	Q4 2019
CTRACentra Software Inc	$14.5M	0.10%	Not reported	Not reported	Q2 2021
BABAAlibaba Group Holding Ltd	$14.4M	0.10%	0.01%	-92.1%	Q3 2019
TPHTri Pointe Homes, Inc.	$13.7M	0.10%	0.35%	Not reported	Q4 2022
AAPLApple Inc.	$12.8M	0.09%	0.00%	-83.8%	Q1 2020
AVGOBroadcom Inc.	$11.6M	0.08%	0.00%	+1431.9%	Q4 2019
PPLPPL Corp	$11.5M	0.08%	0.06%	Not reported	Q3 2021
PKSTPeakstone Realty Trust	$11.1M	0.08%	1.43%	New	Q1 2026
WBSWebster Financial Corp	$10.1M	0.07%	0.09%	Not reported	Q3 2021
IMXIInternational Money Express, Inc.	$9.96M	0.07%	2.09%	New	Q1 2026
EHABEnhabit, Inc.	$9.09M	0.06%	1.27%	New	Q1 2026
GOOGLAlphabet Inc.	$8.85M	0.06%	0.00%	-92.4%	Q2 2019
METAMeta Platforms, Inc.	$7.48M	0.05%	Not reported	-79.5%	Q3 2019
MUMicron Technology Inc	$7.38M	0.05%	0.00%	+208.4%	Q3 2019
FERGFerguson Enterprises Inc.	$7.11M	0.05%	0.02%	Not reported	Q2 2023
GOOGAlphabet Inc.	$6.9M	0.05%	Not reported	-85.0%	Q2 2021
JHXJames Hardie Industries plc	$6.62M	0.05%	0.06%	New	Q1 2026
TERNTerns Pharmaceuticals, Inc.	$6.38M	0.05%	0.10%	New	Q1 2026
SNSharkNinja, Inc.	$6.35M	0.05%	0.04%	New	Q1 2026
TSMTaiwan Semiconductor Manufacturing Co Ltd	$6.08M	0.04%	0.00%	Not reported	Q3 2019
NOVTUNovanta Inc	$5.89M	0.04%	Not reported	Not reported	Q4 2025
SEMRSemrush Holdings, Inc.	$5.83M	0.04%	2.08%	+415.9%	Q4 2025
ZIMZIM Integrated Shipping Services Ltd.	$5.44M	0.04%	0.17%	New	Q1 2026
VALValaris Ltd	$5.43M	0.04%	0.08%	Not reported	Q1 2025
MRVLMarvell Technology, Inc.	$5.15M	0.04%	0.01%	-58.2%	Q2 2020
SNDKSandisk Corp	$4.89M	0.03%	0.01%	+674.7%	Q4 2025
VSECUVse Corp	$4.73M	0.03%	Not reported	New	Q1 2026
UAAUnder Armour, Inc.	$4.43M	0.03%	Not reported	Not reported	Q2 2021

Q4 2025Reported Feb 13, 2026293 positions
SPYSPDR S&P 500 ETF Trust	$3.86B	19.34%	Not reported	+85.5%	Q3 2018
IBITiShares Bitcoin Trust ETF	$471M	2.36%	0.67%	0.0%	Q2 2024
BABAAlibaba Group Holding Ltd	$212M	1.06%	0.01%	+254.7%	Q3 2019
ETHAiShares Ethereum Trust ETF	$207M	1.04%	1.75%	+4.1%	Q1 2025
IBMInternational Business Machines Corp	$202M	1.01%	0.07%	+66672.0%	Q2 2019
UBERUber Technologies, Inc	$185M	0.93%	0.11%	+119.4%	Q4 2019
FBTCFidelity Wise Origin Bitcoin Fund	$161M	0.81%	0.91%	Not reported	Q2 2024
GOOGLAlphabet Inc.	$127M	0.64%	0.00%	+987.3%	Q2 2019
QCOMQualcomm Inc	$111M	0.56%	0.06%	+10237.2%	Q4 2019
CATCaterpillar Inc	$97.4M	0.49%	0.04%	+31735.2%	Q2 2019
XOMExxonMobil Holdings Corp	$96.5M	0.48%	0.02%	+5061.6%	Q4 2019
COINCoinbase Global, Inc.	$96.4M	0.48%	0.16%	-15.0%	Q2 2023
PYPLPayPal Holdings, Inc.	$94.4M	0.47%	0.18%	+5557.6%	Q3 2019
CEGConstellation Energy Corp	$88.3M	0.44%	0.08%	+40616.6%	Q4 2022
DELLDell Technologies Inc.	$87.4M	0.44%	0.10%	-13.2%	Q3 2019
AAPLApple Inc.	$84.2M	0.42%	0.00%	-31.0%	Q1 2020
FETHFidelity Ethereum Fund	$61.4M	0.31%	2.78%	-4.6%	Q1 2025
APPAppLovin Corp	$60.6M	0.30%	0.03%	+18118.6%	Q3 2023
BRK.BBerkshire Hathaway Inc	$50.3M	0.25%	Not reported	-55.6%	Q2 2021
GOOGAlphabet Inc.	$50.2M	0.25%	Not reported	Not reported	Q2 2021
QQQInvesco QQQ Trust, Series 1	$47.1M	0.24%	Not reported	-85.6%	Q4 2019
WBDWarner Bros. Discovery, Inc.	$46M	0.23%	0.06%	Not reported	Q4 2024
TSLATesla, Inc.	$45.9M	0.23%	0.00%	-7.8%	Q4 2019
NVDANvidia Corp	$45.2M	0.23%	0.00%	+224.7%	Q1 2020
METAMeta Platforms, Inc.	$42M	0.21%	Not reported	+537.8%	Q3 2019
EXKEndeavour Silver Corp	$42M	0.21%	0.16%	Not reported	Q3 2021
NKENIKE, Inc.	$40.9M	0.21%	0.04%	-63.3%	Q4 2019
JDJD.com, Inc.	$38.2M	0.19%	0.09%	Not reported	Q2 2020
DAYDayforce, Inc.	$36.8M	0.18%	0.33%	+30.9%	Q3 2025
AMGNAmgen Inc	$36M	0.18%	0.02%	+4996.2%	Q1 2021
RNAMAvidity Biosciences, Inc.	$28.1M	0.14%	0.26%	New	Q4 2025
EAElectronic Arts Inc.	$27M	0.14%	Not reported	Not reported	Q3 2019
FYBRFrontier Communications Parent, Inc.	$25.1M	0.13%	Not reported	+22.8%	Q4 2022
SEESealed Air Corp	$23.5M	0.12%	0.38%	New	Q4 2025
SMCISuper Micro Computer, Inc.	$23M	0.12%	0.13%	Not reported	Q4 2022
MSTRStrategy Inc	$19.2M	0.10%	Not reported	-92.8%	Q3 2021
AHLAspen Insurance Holdings Ltd	$16.5M	0.08%	Not reported	New	Q4 2025
KVUEKenvue Inc.	$16.3M	0.08%	0.05%	New	Q4 2025
ASTSAST SpaceMobile, Inc.	$16.2M	0.08%	Not reported	New	Q4 2025
ALSumisho Air Lease Corporation	$15.7M	0.08%	0.22%	Not reported	Q3 2022
HOLXHologic Inc	$14.6M	0.07%	0.09%	Not reported	Q3 2021
NSCNorfolk Southern Corp	$14.4M	0.07%	0.02%	Not reported	Q1 2020
DLTRDollar Tree, Inc.	$13.5M	0.07%	0.06%	Not reported	Q3 2021
SNOWSnowflake Inc.	$12.7M	0.06%	0.02%	Not reported	Q1 2021
SMHMarket Vectors ETF Trust	$12.2M	0.06%	Not reported	-89.7%	Q3 2022
MRVLMarvell Technology, Inc.	$10.6M	0.05%	0.01%	+227.7%	Q2 2020
VRTVertiv Holdings Co	$10.1M	0.05%	0.02%	+136.6%	Q3 2023
LOWLowes Companies Inc	$10M	0.05%	0.01%	+884.8%	Q1 2020
LVSLas Vegas Sands Corp	$9.76M	0.05%	0.02%	Not reported	Q3 2021
LULUlululemon athletica inc.	$8.31M	0.04%	0.04%	Not reported	Q1 2020

Q3 2025Reported Nov 14, 2025283 positions
SPYSPDR S&P 500 ETF Trust	$2.03B	10.13%	Not reported	-4.1%	Q3 2018
IBITiShares Bitcoin Trust ETF	$616M	3.07%	0.73%	0.0%	Q2 2024
MSTRStrategy Inc	$566M	2.82%	Not reported	+309608.6%	Q3 2021
UNHUnitedhealth Group Inc	$332M	1.65%	0.11%	+1001042.7%	Q3 2019
QQQInvesco QQQ Trust, Series 1	$319M	1.59%	Not reported	+99.1%	Q4 2019
ETHAiShares Ethereum Trust ETF	$279M	1.39%	2.22%	+65.6%	Q1 2025
FBTCFidelity Wise Origin Bitcoin Fund	$211M	1.05%	0.90%	+41.1%	Q2 2024
COINCoinbase Global, Inc.	$169M	0.84%	0.19%	Not reported	Q2 2023
NKENIKE, Inc.	$122M	0.61%	0.10%	+8753885.0%	Q4 2019
AAPLApple Inc.	$114M	0.57%	0.00%	+2506.0%	Q1 2020
DELLDell Technologies Inc.	$113M	0.56%	0.12%	Not reported	Q3 2019
BRK.BBerkshire Hathaway Inc	$113M	0.56%	Not reported	Not reported	Q2 2021
SMHMarket Vectors ETF Trust	$107M	0.53%	Not reported	+6186.0%	Q3 2022
AMATApplied Materials Inc	$104M	0.52%	0.06%	+123966.4%	Q2 2020
UBERUber Technologies, Inc	$101M	0.50%	0.05%	Not reported	Q4 2019
COSTCostco Wholesale Corp	$95.7M	0.48%	0.02%	+46262.8%	Q2 2020
FETHFidelity Ethereum Fund	$90.4M	0.45%	2.84%	+21.1%	Q1 2025
BABAAlibaba Group Holding Ltd	$73M	0.36%	0.00%	+1447.7%	Q3 2019
CRWDCrowdStrike Holdings, Inc.	$49.6M	0.25%	0.04%	Not reported	Q3 2022
TSLATesla, Inc.	$49.2M	0.25%	0.00%	+446.4%	Q4 2019
BIDUBaidu, Inc.	$46.1M	0.23%	Not reported	+1188.8%	Q3 2019
VRNAVerona Pharma plc	$31.6M	0.16%	0.04%	New	Q3 2025
DAYDayforce, Inc.	$28M	0.14%	0.25%	New	Q3 2025
LBRDKLiberty Broadband Corp	$22.2M	0.11%	Not reported	+1365.3%	Q4 2022
IPGInterpublic Group of Companies, Inc.	$21.4M	0.11%	0.21%	+184.3%	Q2 2021
STZConstellation Brands, Inc.	$20.2M	0.10%	Not reported	Not reported	Q3 2021
FYBRFrontier Communications Parent, Inc.	$20M	0.10%	Not reported	-2.4%	Q4 2022
COOPCooperative Bankshares Inc	$19.6M	0.10%	Not reported	Not reported	Q4 2023
WNSWNS (Holdings) Limited	$19M	0.09%	0.58%	New	Q3 2025
ONOn Semiconductor Corp	$17.3M	0.09%	0.09%	Not reported	Q1 2021
INFAInformatica LLC	$15.8M	0.08%	0.61%	New	Q3 2025
AMZNAmazon Com Inc	$15.7M	0.08%	0.00%	Not reported	Q2 2019
NVDANvidia Corp	$13.9M	0.07%	0.00%	Not reported	Q1 2020
MSFTMicrosoft Corp	$13.2M	0.07%	0.00%	Not reported	Q1 2020
GLDSPDR Gold Trust	$12.6M	0.06%	0.01%	Not reported	Q1 2019
AMPAmeriprise Financial Inc	$12.3M	0.06%	0.03%	Not reported	Q3 2021
BFHBread Financial Holdings, Inc.	$11.2M	0.06%	0.43%	Not reported	Q2 2023
AVGOBroadcom Inc.	$10.2M	0.05%	0.00%	Not reported	Q4 2019
GOOGLAlphabet Inc.	$9.08M	0.05%	0.00%	+156.6%	Q2 2019
NWSANews Corp	$8.97M	0.04%	0.05%	-5.5%	Q2 2023
CRHCRH Public Ltd Co	$8.38M	0.04%	0.01%	+15.2%	Q4 2023
BAMBrookfield Asset Management Ltd.	$7.84M	0.04%	Not reported	-20.5%	Q1 2025
METAMeta Platforms, Inc.	$7.33M	0.04%	Not reported	Not reported	Q3 2019
ASXASE Technology Holding Co., Ltd.	$7.21M	0.04%	0.01%	+200.4%	Q3 2024
CIOCity Office REIT, Inc.	$7.05M	0.04%	2.51%	New	Q3 2025
GTLSChart Industries Inc	$7.01M	0.03%	0.08%	New	Q3 2025
MLNKMeridianLink, Inc.	$6.91M	0.03%	0.47%	New	Q3 2025
QSRRestaurant Brands International Inc.	$6.25M	0.03%	0.03%	-21.8%	Q2 2025
LNGCheniere Energy, Inc.	$5.91M	0.03%	0.01%	-39.9%	Q3 2022
FOXFox Corp	$5.61M	0.03%	Not reported	Not reported	Q1 2023

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