Capula Management Ltd
•CIK: 1557017•Filing: Q4 2025
Capula Management Ltd, with $16.0B in AUM, is known for its concentrated, long-term equity strategy, heavily weighted in S&P 500 index funds, notably VOO and SPY. Recently, the fund has made notable moves by adding significant positions in IBM and QCOM, while exiting LQD and IWM, reflecting a focus on high-growth tech and industrial sectors.
Total AUM
$14.1B
+ $1.8B in options
QoQ Performance
+22.6%
Positions
189
+ 179 options
Top 10 Concentration
84.8%
Latest Filing
Q4 2025
Top Holdings Allocation
VOO
SPY
VOO46.9%
SPY24.2%
IBIT3.0%
IVV2.7%
SMH1.7%
BABA1.3%
ETHA1.3%
IBM1.3%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
ETF73.9%
Other20.0%
Technology4.1%
Consumer1.0%
Energy0.7%
Healthcare0.1%
Financial0.1%
Consumer Staples0.0%
🚪 Exited Positionssold since Q3 2025
+192 more exited positions
Changes from Q3 2025
NEW45 new positions
↑86 increased
↓60 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022