Arkolith/Funds/MKP Capital Management, L.L.C.

MKP Capital Management, L.L.C.

CIK 1534949Hedge fund
Holdings as of Jun 30, 2026·disclosed Aug 7, 2026·~38-day 13F lag·13F-HR
Active Filer

MKP Capital Management, L.L.C. holds a concentrated book of 22 stocks worth $3.6B as of Q2 2026 (disclosed Aug 7, 2026, a ~38-day 13F lag). This quarter they opened Invesco S&P 500 Equal Weight and trimmed Ste STR SPDR PT S&P 500 ETF. Their largest long position is Ste STR SPDR PT S&P 500 ETF at 28% of the equity book. They also disclosed $33.8M in put options (a bearish bet) and $35.4M in call options (bullish), shown separately below and excluded from the equity book.

Opened
15
bought for the first time
Added to
2
already held, bought more
Trimmed
5
sold some, still holds it
Sold out
12
exited the position entirely

Concentration

Top-heavy: concentrated book

Top 5 holdings
82%
Top 10 holdings
95%
Top 20 holdings
100%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

31% mapped to company sectors

ETF / fund or unclassified
69%
Financials
25%
Information Technology
5%
Consumer Discretionary
1%
Health Care
0%
Energy
0%

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.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as MKP Capital Management, L.L.C.

Manager / fundShared namesTheir $ in those
BlackRock, Inc.34 / 22$1.6T
FMR LLC34 / 22$596.9B
MORGAN STANLEY34 / 22$381.3B
JPMORGAN CHASE & CO34 / 22$356.9B
BANK OF AMERICA CORP /DE/34 / 22$234.8B
GOLDMAN SACHS GROUP INC34 / 22$172.0B
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME34 / 22$153.4B
Bank of New York Mellon Corp34 / 22$144.8B

Ranked by the share of each fund's own book sitting in the names it shares with MKP Capital Management, L.L.C.: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

22 positions
#SecurityValueShares% PortLast moveHistory
1SPDR Series Trust
ST STR P500ETF
$1.0B11.65M
28.2%
−15%
Reduced · −2.0M sh
2Ishares TR
CORE S&P500 ETF
$883.2M1.18M
24.3%
−27%
Reduced · −440K sh
3JPMorgan Chase & Co
COM
$465.8M1.42M
12.8%
+762%
Added · +1.3M sh
4Invesco Exchange Traded FD T
S&P500 EQL WGT
$384.3M1.81M
10.6%
New
New position
5Berkshire Hathaway Inc Del
CL B NEW
$202.9M405.5K
5.6%
−5.7%
Reduced · −25K sh
6Citigroup Inc
COM NEW
$131.8M942.0K
3.6%
New
New position
7Microsoft Corp
COM
$127.8M342.5K
3.5%
New
New position
8Goldman Sachs Group Inc
COM
$118.3M117.0K
3.3%
New
New position
9Vaneck ETF Trust
GOLD MINERS ETF
$53.8M712.5K
1.5%
+262%
Added · +516K sh
10Amazon Com Inc
COM
$52.4M219.8K
1.4%
−39%
Reduced · −142K sh
11Select Sector SPDR TR
ST STR INDL ETF
$38.4M207.5K
1.1%
New
New position
12Ishares Inc
MSCI BRAZIL ETF
$34.8M1.01M
1.0%
−5.9%
Reduced · −63K sh
13Vaneck ETF Trust
SEMICONDUCTR ETF
$28.8M43.9K
0.8%
New
New position
14Nvidia Corporation
COM
$20.8M104.0K
0.6%
New
New position
15Ishares Inc
MSCI JAPAN ETF
$14.9M159.3K
0.4%
New
New position
16Victory Portfolios II
SHS FR CA FL ETF
$10.0M219.0K
0.3%
New
New position
17Ishares TR
MSCI INDIA ETF
$10.0M202.0K
0.3%
New
New position
18Broadcom Inc
COM
$9.1M24.0K
0.2%
New
New position
19Ishares Inc
MSCI STH KOR ETF
$8.7M43.2K
0.2%
New
New position
20Credo Technology Group Holdi
ORDINARY SHARES
$2.8M10.4K
0.1%
New
New position
21Vertiv Holdings Co
COM CL A
$2.7M8.2K
0.1%
New
New position
22Ge Vernova Inc
COM
$2.6M2.2K
0.1%
New
New position
Showing all 22 positions
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Largest options & derivatives disclosed

Put / call positions from the 13F — totals include every disclosed option leg

Put notional (bearish)$33.8M
Call notional (bullish)$35.4M
TypeUnderlyingNotional valueUnderlying shares
CALL · bullishMICROSOFT CORPMSFT$35.4M95K
PUT · bearishVANECK GOLD MINERS ETFGDX$33.8M52K

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.

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 7, 202624$3.7B13F-HR
Q1 2026Mar 31, 2026May 14, 202619$3.0B13F-HR
Q4 2025Dec 31, 2025Feb 10, 202622$2.8B13F-HR
Q3 2025Sep 30, 2025Nov 12, 202512$2.6B13F-HR
Q2 2025Jun 30, 2025Aug 5, 20258$1.9B13F-HR
Q1 2025Mar 31, 2025May 13, 20257$7.2B13F-HR
Q4 2024Dec 31, 2024Jan 27, 20254$2.0B13F-HR
Q3 2024Sep 30, 2024Nov 6, 202414$1.2B13F-HR
Q2 2024Jun 30, 2024Aug 6, 202427$1.6B13F-HR
Q1 2024Mar 31, 2024May 10, 20247$1.1B13F-HR
Q4 2023Dec 31, 2023Feb 12, 202418$1.9B13F-HR
Q3 2023Sep 30, 2023Nov 2, 202311$1.3B13F-HR
Q2 2023Jun 30, 2023Aug 4, 202310$977.3M13F-HR
Q1 2023Mar 31, 2023May 15, 202313$743.8M13F-HR
Q4 2022Dec 31, 2022Feb 13, 202313$815.2M13F-HR
Q3 2022Sep 30, 2022Nov 14, 20226$346.6M13F-HR
Q2 2022Jun 30, 2022Aug 15, 20225$298.8M13F-HR
Q1 2022Mar 31, 2022May 16, 20223$144.4M13F-HR
Q4 2021Dec 31, 2021Feb 14, 202233$1.8B13F-HR
Q3 2021Sep 30, 2021Nov 15, 202138$874.2M13F-HR
Q2 2021Jun 30, 2021Aug 16, 202143$928.0M13F-HR
Q1 2021Mar 31, 2021May 17, 202151$1.5B13F-HR
Q4 2020Dec 31, 2020Feb 16, 202160$1.5B13F-HR
Q3 2020Sep 30, 2020Nov 16, 202059$380.7M13F-HR

Data source

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.