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Capula Management Ltd
Period ended Jun 30, 2026 · Latest filing Aug 14, 2026
These quarterly holdings are delayed and may not include all assets or short positions.
Values are from the reporting date, not current prices or purchase costs.
The same security may appear in multiple rows.
Source: SEC
Reported portfolio value
Quarter-end reported holdings; not current value or investment performance.
View reported values
- Jun 30, 2026: $27,981,981,492
More quarters will appear as history becomes available.
Top holdings
Top 10 at Jun 30, 2026. Matching entries are combined; security classes and options remain separate. Shares exclude principal amounts; option shares reflect the reported underlying amount.
View top holdings values
- ISHARES TR · CORE S&P500 ETF · 464287200 · shares: $15,016,397,791
- STATE STR SPDR S&P 500 ETF T · TR UNIT · 78462F103 · shares: $3,431,713,581
- INVESCO QQQ TR · UNIT SER 1 · 46090E103 · shares · PUT: $378,288,680
- ALIBABA GROUP HLDG LTD · SPONSORED ADS · 01609W102 · shares · PUT: $336,189,146
- ALIBABA GROUP HLDG LTD · SPONSORED ADS · 01609W102 · shares: $320,909,994
- TESLA INC · COM · 88160R101 · shares · PUT: $235,493,940
- BOEING CO · COM · 097023105 · shares · PUT: $209,304,843
- BOEING CO · COM · 097023105 · shares: $206,075,111
- INVESCO QQQ TR · UNIT SER 1 · 46090E103 · shares · CALL: $202,583,640
- WESTERN DIGITAL CORP · COM · 958102105 · shares · PUT: $179,480,320
Reported holdings
1,029 reported entries| Issuer | Class | CUSIP | Type | Shares / principal | Reported value (USD) |
|---|---|---|---|---|---|
| ANALOG DEVICES INC | COM | 032654105 | — | 75,080 shares | $29,819,524 |
| ULTA BEAUTY INC | COM | 90384S303 | PUT | 65,000 shares | $29,313,700 |
| ULTA BEAUTY INC | COM | 90384S303 | — | 65,000 shares | $29,313,700 |
| ULTA BEAUTY INC | COM | 90384S303 | PUT | 65,000 shares | $29,313,700 |
| ULTA BEAUTY INC | COM | 90384S303 | — | 65,000 shares | $29,313,700 |
| ISHARES TR | CHINA LG-CAP ETF | 464287184 | — | 900,569 shares | $28,448,975 |
| TOPBUILD COR | COM | 89055F103 | — | 80,000 shares | $28,362,400 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | — | 190,000 shares | $28,150,400 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | PUT | 190,000 shares | $28,150,400 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | — | 190,000 shares | $28,150,400 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | PUT | 190,000 shares | $28,150,400 |
| CHART INDS INC | COM | 16115Q308 | — | 131,850 shares | $27,548,739 |
| ISHARES TR | EXPANDED TECH | 464287515 | CALL | 300,000 shares | $27,180,000 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | PUT | 1,500,000 shares | $26,895,000 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | — | 1,500,000 shares | $26,895,000 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | PUT | 1,500,000 shares | $26,895,000 |
| SOFI TECHNOLOGIES INC | COM | 83406F102 | — | 1,500,000 shares | $26,895,000 |
| PENUMBRA INC | COM | 70975L107 | — | 83,000 shares | $26,207,250 |
| PAYPAL HLDGS INC | COM | 70450Y103 | PUT | 603,000 shares | $26,037,540 |
| JAZZ INVESTMENTS I LTD | NOTE 3.125% 9/1 | 472145AH4 | — | 15,000,000 principal | $25,587,197 |
| PAYPAL HLDGS INC | COM | 70450Y103 | — | 590,021 shares | $25,477,107 |
| ECHOSTAR CORP | CL A | 278768106 | — | 250,000 shares | $25,375,000 |
| ECHOSTAR CORP | CL A | 278768106 | PUT | 250,000 shares | $25,375,000 |
| ECHOSTAR CORP | CL A | 278768106 | PUT | 250,000 shares | $25,375,000 |
| ECHOSTAR CORP | CL A | 278768106 | — | 250,000 shares | $25,375,000 |
| PAYPAL HLDGS INC | COM | 70450Y103 | — | 585,500 shares | $25,281,890 |
| PAYPAL HLDGS INC | COM | 70450Y103 | PUT | 585,500 shares | $25,281,890 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | PUT | 208,200 shares | $24,290,694 |
| KENVUE INC | COM | 49177J102 | — | 1,260,779 shares | $24,093,487 |
| SELECT SECTOR SPDR TR | ST STR STAPL ETF | 81369Y308 | — | 284,916 shares | $23,667,972 |
| AXON ENTERPRISE INC | COM | 05464C101 | — | 40,000 shares | $22,424,400 |
| AXON ENTERPRISE INC | COM | 05464C101 | PUT | 40,000 shares | $22,424,400 |
| AXON ENTERPRISE INC | COM | 05464C101 | PUT | 40,000 shares | $22,424,400 |
| AXON ENTERPRISE INC | COM | 05464C101 | — | 40,000 shares | $22,424,400 |
| NORFOLK SOUTHN CORP | COM | 655844108 | — | 66,203 shares | $20,826,802 |
| ORGANON & CO | COMMON STOCK | 68622V106 | — | 1,535,576 shares | $20,791,699 |
| APPLE INC | COM | 037833100 | PUT | 71,700 shares | $20,747,112 |
| ORGANON & CO | COMMON STOCK | 68622V106 | — | 1,513,631 shares | $20,494,564 |
| ISHARES TR | MSCI EAFE ETF | 464287465 | PUT | 195,300 shares | $20,287,764 |
| STATE STR SPDR S&P 500 ETF T | TR UNIT | 78462F103 | — | 27,014 shares | $20,173,245 |
| GE VERNOVA INC | COM | 36828A101 | PUT | 16,900 shares | $19,855,134 |
| VANGUARD INDEX FDS | S&P 500 ETF SHS | 922908363 | — | 28,690 shares | $19,704,579 |
| ISHARES TR | RUSSELL 2000 ETF | 464287655 | — | 63,619 shares | $19,114,329 |
| SELECT SECTOR SPDR TR | ST STR SVC ETF | 81369Y852 | — | 168,721 shares | $18,075,081 |
| GE VERNOVA INC | COM | 36828A101 | PUT | 15,300 shares | $17,975,358 |
| GE VERNOVA INC | COM | 36828A101 | — | 15,252 shares | $17,918,964 |
| GE VERNOVA INC | COM | 36828A101 | — | 15,011 shares | $17,635,823 |
| AMAZON COM INC | COM | 023135106 | PUT | 73,200 shares | $17,446,488 |
| ARISTA NETWORKS INC | COM SHS | 040413205 | PUT | 100,300 shares | $17,038,964 |
| ARISTA NETWORKS INC | COM SHS | 040413205 | — | 100,000 shares | $16,988,000 |
| ARISTA NETWORKS INC | COM SHS | 040413205 | PUT | 100,000 shares | $16,988,000 |
| ARISTA NETWORKS INC | COM SHS | 040413205 | — | 100,000 shares | $16,988,000 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | PUT | 50,600 shares | $16,941,892 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | — | 50,198 shares | $16,807,294 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | — | 50,000 shares | $16,741,000 |
| VERTIV HOLDINGS CO | COM CL A | 92537N108 | PUT | 50,000 shares | $16,741,000 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | PUT | 50,100 shares | $16,556,046 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | — | 50,018 shares | $16,528,948 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | PUT | 50,000 shares | $16,523,000 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | — | 50,000 shares | $16,523,000 |
| ALLIED GOLD CORP | COM NEW | 01921D204 | — | 692,457 shares | $16,466,627 |
| UNITED PARCEL SVCS INC | CL B | 911312106 | PUT | 151,500 shares | $16,286,250 |
| UNITED PARCEL SVCS INC | CL B | 911312106 | — | 150,184 shares | $16,144,780 |
| UNITED PARCEL SVCS INC | CL B | 911312106 | — | 150,000 shares | $16,125,000 |
| UNITED PARCEL SVCS INC | CL B | 911312106 | PUT | 150,000 shares | $16,125,000 |
| SELECT SECTOR SPDR TR | ST STR DISCR ETF | 81369Y407 | — | 136,070 shares | $15,958,290 |
| PALANTIR TECHNOLOGIES INC | CL A | 69608A108 | — | 129,591 shares | $15,119,382 |
| UNITED STS OIL FD LP | UNITS | 91232N207 | PUT | 140,000 shares | $14,901,600 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | PUT | 40,200 shares | $14,897,718 |
| UNIFIRST CORP MASS | COM | 904708104 | — | 55,000 shares | $14,545,300 |
| ALIBABA GROUP HLDG LTD | SPONSORED ADS | 01609W102 | PUT | 150,000 shares | $14,397,000 |
| TESLA INC | COM | 88160R101 | PUT | 33,700 shares | $14,174,220 |
| TECK RESOURCES LTD | CL B | 878742204 | — | 228,254 shares | $14,052,175 |
| JANUS HENDERSON GROUP PLC | ORD SHS | G4474Y214 | — | 270,197 shares | $14,036,735 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | — | 37,773 shares | $13,998,296 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | — | 37,500 shares | $13,897,125 |
| MARRIOTT INTL INC NEW | CL A | 571903202 | PUT | 37,500 shares | $13,897,125 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 | PUT | 563,700 shares | $13,793,739 |
| LIBERTY BROADBAND CORP | COM SER C | 530307305 | — | 410,447 shares | $13,651,467 |
| NOVANTA INC | UNIT 11/01/2028 | 67000B203 | — | 20,000,000 shares | $13,642,973 |
| ALPHABET INC | CAP STK CL A | 02079K305 | PUT | 35,300 shares | $12,615,161 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | PUT | 50,400 shares | $12,517,848 |
| BANK OF AMER CORP | COM | 060505104 | PUT | 215,800 shares | $12,296,284 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | PUT | 49,300 shares | $12,244,641 |
| CAESARS ENTERTAINMENT INC NE | COM | 12769G100 | — | 402,500 shares | $12,147,450 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | — | 48,853 shares | $12,133,620 |
| TESLA INC | COM | 88160R101 | CALL | 28,700 shares | $12,071,220 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | PUT | 82,100 shares | $12,002,199 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 | — | 48,021 shares | $11,926,976 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | — | 80,051 shares | $11,702,656 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | PUT | 80,000 shares | $11,695,200 |
| COINBASE GLOBAL INC | COM CL A | 19260Q107 | — | 80,000 shares | $11,695,200 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | — | 15,563 shares | $11,460,593 |
| MICROSOFT CORP | COM | 594918104 | PUT | 30,600 shares | $11,414,412 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | — | 15,408 shares | $11,346,452 |
| INVESCO QQQ TR | UNIT SER 1 | 46090E103 | PUT | 15,000 shares | $11,046,000 |
| PPL CORP | UNIT 02/15/2029 | 69351T866 | — | 22,500,000 shares | $11,002,925 |
| TXNM ENERGY INC | COM | 69349H107 | — | 193,000 shares | $10,958,540 |
| KRANESHARES TRUST | CSI CHI INTERNET | 500767306 | — | 442,146 shares | $10,819,313 |
| NEXTERA ENERGY INC | UNIT 02/15/2029 | 65339F655 | — | 22,500,000 shares | $10,793,282 |