Capula Management Ltd holds a concentrated book of 303 stocks worth $22.8B as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Western Digital Corp and trimmed SS SPDR S&P 500 ETF Trust-US. Their largest long position is Ishares Core S&P 500 ETF at 66% of the equity book. They also disclosed $4.3B in put options (a bearish bet) and $883.3M in call options (bullish), shown separately below and excluded from the equity book.
Top-heavy: concentrated book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
16% mapped to company sectors
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices, no cost basis
Other tracked managers holding the same core names as Capula Management Ltd
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| MORGAN STANLEY | 79 / 80 | $265.2B |
| JPMORGAN CHASE & CO | 79 / 80 | $262.6B |
| BlackRock, Inc. | 78 / 80 | $958.3B |
| WELLS FARGO & COMPANY/MN | 78 / 80 | $74.3B |
| FMR LLC | 77 / 80 | $336.7B |
| BANK OF AMERICA CORP /DE/ | 77 / 80 | $206.2B |
| UBS Group AG | 77 / 80 | $78.7B |
| ROYAL BANK OF CANADA | 77 / 80 | $72.2B |
Ranked by how many of Capula Management Ltd's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.
Bars show each stock's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | Ishares TR CORE S&P500 ETF | $15.0B | 20.05M | 66.0% | ▲+120% Added · +11.0M sh | |
| 2 | State STR SPDR S&P 500 ETF T TR UNIT | $3.4B | 4.60M | 15.1% | ▼−25% Reduced · −1.6M sh | |
| 3 | Alibaba Group Hldg Ltd SPONSORED ADS | $320.9M | 3.34M | 1.4% | ▲29× Added · +3.2M sh | |
| 4 | Boeing Co COM | $206.1M | 952.0K | 0.9% | ▲134× Added · +945K sh | |
| 5 | Western Digital Corp COM | $179.0M | 280.3K | 0.8% | ▲New New position | |
| 6 | Uber Technologies Inc COM | $159.1M | 2.21M | 0.7% | ▲443× Added · +2.2M sh | |
| 7 | Ishares TR IBOXX HI YD ETF | $153.0M | 1.91M | 0.7% | ▲21× Added · +1.8M sh | |
| 8 | Intel Corp COM | $147.0M | 1.05M | 0.6% | ▲13× Added · +973K sh | |
| 9 | PDD Holdings Inc SPONSORED ADS | $146.1M | 1.91M | 0.6% | ▲109× Added · +1.9M sh | |
| 10 | Walmart Inc COM | $142.0M | 1.25M | 0.6% | ▲108× Added · +1.2M sh | |
| 11 | Broadcom Inc COM | $117.7M | 311.5K | 0.5% | ▲+731% Added · +274K sh | |
| 12 | Tesla Inc COM | $113.7M | 270.2K | 0.5% | ▲+442% Added · +220K sh | |
| 13 | Amgen Inc COM | $108.7M | 300.1K | 0.5% | ▲5k× Added · +300K sh | |
| 14 | Linde PLC SHS | $103.9M | 200.2K | 0.5% | ▲4k× Added · +200K sh | |
| 15 | Ishares TR IBOXX INV CP ETF | $101.6M | 931.7K | 0.4% | ▲13× Added · +863K sh | |
| 16 | Credo Technology Group Holdi ORDINARY SHARES | $96.5M | 354.9K | 0.4% | ▲+832% Added · +317K sh | |
| 17 | Strategy Inc CL A NEW | $87.1M | 1.00M | 0.4% | ▲225× Added · +998K sh | |
| 18 | Warner Bros Discovery Inc COM SER A | $83.6M | 3.14M | 0.4% | ▲+155% Added · +1.9M sh | |
| 19 | Qualcomm Inc COM | $77.7M | 420.7K | 0.3% | ▲27× Added · +405K sh | |
| 20 | Kla Corp COM NEW | $68.0M | 225.3K | 0.3% | ▲136× Added · +224K sh | |
| 21 | Nike Inc CL B | $65.7M | 1.60M | 0.3% | ▲220× Added · +1.6M sh | |
| 22 | Analog Devices Inc COM | $59.7M | 150.4K | 0.3% | ▲23× Added · +144K sh | |
| 23 | Ulta Beauty Inc COM | $58.6M | 130.0K | 0.3% | ▲New New position | |
| 24 | Kenvue Inc COM | $58.6M | 3.07M | 0.3% | ▲+36% Added · +820K sh | |
| 25 | Applied Optoelectronics Inc COM | $56.4M | 380.7K | 0.2% | ▲New New position | |
| 26 | Sofi Technologies Inc COM | $53.8M | 3.00M | 0.2% | ▲New New position | |
| 27 | Aes Corp COM | $51.3M | 3.50M | 0.2% | ▲+42% Added · +1.0M sh | |
| 28 | Echostar Corp CL A | $50.9M | 501.8K | 0.2% | ▲New New position | |
| 29 | PayPal Hldgs Inc COM | $50.8M | 1.18M | 0.2% | ▲658× Added · +1.2M sh | |
| 30 | Vanguard Scottsdale FDS INT-TERM CORP | $49.6M | 600.0K | 0.2% | ▲New New position | |
| 31 | Axon Enterprise Inc COM | $44.8M | 80.0K | 0.2% | ▲952× Added · +80K sh | |
| 32 | Organon & Co COMMON STOCK | $41.3M | 3.05M | 0.2% | ▲New New position | |
| 33 | Evergy Inc NOTE 4.500%12/1 | $39.2M | 27.50M | 0.2% | ▲2k× Added · +27.5M sh | |
| 34 | Nvidia Corporation COM | $37.1M | 185.6K | 0.2% | ▼−45% Reduced · −151K sh | |
| 35 | Valaris Ltd CL A | $37.1M | 510.9K | 0.2% | ▲+822% Added · +455K sh | |
| 36 | Ge Vernova Inc COM | $35.6M | 30.3K | 0.2% | ▲22× Added · +29K sh | |
| 37 | Arista Networks Inc COM SHS | $34.0M | 200.0K | 0.1% | ▲175× Added · +199K sh | |
| 38 | Vertiv Holdings Co COM CL A | $34.0M | 101.4K | 0.1% | ▲New New position | |
| 39 | Hilton Worldwide Hldgs Inc COM | $33.3M | 100.8K | 0.1% | ▲140× Added · +100K sh | |
| 40 | United Parcel Svcs Inc CL B | $32.3M | 300.2K | 0.1% | ▲503× Added · +300K sh | |
| 41 | Webster Finl Corp COM | $32.0M | 418.9K | 0.1% | ▲+187% Added · +273K sh | |
| 42 | Ishares TR CHINA LG-CAP ETF | $29.5M | 932.6K | 0.1% | ▼−11% Reduced · −112K sh | |
| 43 | Topbuild Cor COM | $28.4M | 80.0K | 0.1% | ▲New New position | |
| 44 | Marriott Intl Inc New CL A | $27.9M | 75.3K | 0.1% | ▲98× Added · +75K sh | |
| 45 | Chart Inds Inc COM | $27.5M | 131.8K | 0.1% | ▼−21% Reduced · −34K sh | |
| 46 | Penumbra Inc COM | $26.2M | 83.0K | 0.1% | ▼−18% Reduced · −19K sh | |
| 47 | Jazz Investments I Ltd NOTE 3.125% 9/1 | $25.6M | 15.00M | 0.1% | ▲2k× Added · +15.0M sh | |
| 48 | Norfolk Southn Corp COM | $25.0M | 79.4K | 0.1% | ▼−45% Reduced · −65K sh | |
| 49 | Select Sector SPDR TR ST STR STAPL ETF | $24.3M | 292.6K | 0.1% | ▲16× Added · +274K sh | |
| 50 | Constellation Energy Corp COM | $24.1M | 96.9K | 0.1% | ▲+800% Added · +86K sh |
The public view is the crawlable proof. The same sourced dataset is available through REST and MCP for agents, research scripts, and back-office tools.
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1557017/holdings"
Use Arkolith to show Capula Management Ltd's latest holdings, largest changes, and filing provenance.
Put / call positions from the 13F — totals include every disclosed option leg
| Type | Underlying | Notional value | Underlying shares |
|---|---|---|---|
| PUT · bearish | INVESCO QQQ TRUST SERIES 1QQQ | $378.3M | 514K |
| PUT · bearish | ALIBABA GROUP HOLDING-SP ADRBABA | $336.2M | 3.5M |
| PUT · bearish | TESLA INCTSLA | $235.5M | 560K |
| PUT · bearish | BOEING CO/THEBA | $209.3M | 967K |
| CALL · bullish | INVESCO QQQ TRUST SERIES 1QQQ | $202.6M | 275K |
| PUT · bearish | WESTERN DIGITAL CORPWDC | $179.5M | 281K |
| CALL · bullish | SS SPDR S&P 500 ETF TRUST-USSPY | $162.2M | 217K |
| PUT · bearish | UBER TECHNOLOGIES INCUBER | $159.5M | 2.2M |
| PUT · bearish | SS SPDR S&P 500 ETF TRUST-USSPY | $157.0M | 210K |
| PUT · bearish | INTEL CORPINTC | $151.3M | 1.1M |
| PUT · bearish | PDD HOLDINGS INCPDD | $146.7M | 1.9M |
| PUT · bearish | WALMART INCWMT | $142.2M | 1.3M |
| PUT · bearish | ISHARES RUSSELL 2000 ETFIWM | $134.9M | 449K |
| PUT · bearish | BROADCOM INCAVGO | $121.2M | 321K |
| PUT · bearish | AMGEN INCAMGN | $108.7M | 300K |
| PUT · bearish | LINDE PLCLIN | $103.8M | 200K |
| PUT · bearish | CREDO TECHNOLOGY GROUP HOLDICRDO | $95.2M | 350K |
| PUT · bearish | STRATEGY INCMSTR | $87.3M | 1.0M |
| CALL · bullish | ISHR IBX USD HIYLD CB ETF-UIHYG | $80.0M | 1.0M |
| PUT · bearish | QUALCOMM INCQCOM | $78.0M | 422K |
| PUT · bearish | KLA CORPKLAC | $68.5M | 227K |
| PUT · bearish | NIKE INC -CL BNKE | $65.7M | 1.6M |
| CALL · bullish | TESLA INCTSLA | $62.5M | 149K |
| PUT · bearish | NVIDIA CORPNVDA | $60.9M | 305K |
| PUT · bearish | ANALOG DEVICES INCADI | $60.3M | 152K |
13F filers disclose option positions at the market value of the underlying the contracts reference, not the premium paid. A put is a bearish bet (it gains if the stock falls); a call is bullish. “Underlying shares” is the share count the contracts control, not a share holding. These legs are excluded from the equity book, weighting, concentration and sector figures above. Showing the largest 25 of 397 option legs.
As-of date vs the date the SEC received each filing
| Quarter | As of | Filed | Positions | Value | Form |
|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Aug 14, 2026 | 1,029 | $28.0B | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 14, 2026 | 1,256 | $14.1B | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 13, 2026 | 960 | $20.0B | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 14, 2025 | 913 | $20.1B | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 13, 2025 | 715 | $10.8B | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 14, 2025 | 860 | $18.0B | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 13, 2025 | 479 | $17.2B | 13F-HR |
| Q3 2024 | Sep 30, 2024 | Nov 13, 2024 | 528 | $9.9B | 13F-HR |
| Q2 2024 | Jun 30, 2024 | Aug 5, 2024 | 466 | $12.2B | 13F-HR |
| Q1 2024 | Mar 31, 2024 | May 9, 2024 | 544 | $4.2B | 13F-HR |
| Q4 2023 | Dec 31, 2023 | Feb 12, 2024 | 303 | $2.5B | 13F-HR |
| Q3 2023 | Sep 30, 2023 | Nov 3, 2023 | 554 | $4.8B | 13F-HR |
| Q2 2023 | Jun 30, 2023 | Aug 14, 2023 | 442 | $4.1B | 13F-HR |
| Q1 2023 | Mar 31, 2023 | May 10, 2023 | 858 | $8.3B | 13F-HR |
| Q4 2022 | Dec 31, 2022 | Feb 14, 2023 | 766 | $7.4B | 13F-HR |
| Q3 2022 | Sep 30, 2022 | Nov 14, 2022 | 653 | $7.4B | 13F-HR |
| Q2 2022 | Jun 30, 2022 | Aug 15, 2022 | 350 | $5.9B | 13F-HR |
| Q1 2022 | Mar 31, 2022 | May 17, 2022 | 300 | $7.0B | 13F-HR |
| Q4 2021 | Dec 31, 2021 | Feb 14, 2022 | 187 | $4.7B | 13F-HR |
| Q3 2021 | Sep 30, 2021 | Nov 15, 2021 | 1,005 | $8.1B | 13F-HR |
| Q2 2021 | Jun 30, 2021 | Aug 13, 2021 | 869 | $6.2B | 13F-HR |
| Q1 2021 | Mar 31, 2021 | May 14, 2021 | 568 | $5.1B | 13F-HR |
| Q4 2020 | Dec 31, 2020 | Feb 16, 2021 | 292 | $2.0B | 13F-HR |
| Q3 2020 | Sep 30, 2020 | Nov 16, 2020 | 137 | $785.3M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.