Capula Management Ltd
Q3 2025 13F-HR Holdings
Net value change ($000)
+9,322,590
(86.6%)
New positions
155
Sold out positions
95
Turnover %
8.5%
Sector allocation + QoQ delta (equities-only)
Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown
Snapshot: Change Analysis
Compared to Q2 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| IVV | 2,228,782 | 46.9% |
| MSTR | 565,587 | 246981.2% |
| UNH | 331,837 | 1106123.3% |
| ETHA | 177,330 | 173.7% |
| QQQ | 171,522 | 116.7% |
| COIN | 169,216 | NEW |
| NKE | 122,082 | 12208200.0% |
| DELL | 113,431 | NEW |
| BRK-B | 113,147 | NEW |
| AAPL | 110,816 | 3133.9% |
Top Reduces (Value $000, Stocks/ETFs)
| KEL | -32,607 | -100.0% |
| BPMC | -20,011 | -100.0% |
| Enstar Group LTD | -11,994 | -100.0% |
| TLT | -10,069 | -94.8% |
| RADIUS RECYCLING, INC. | -9,529 | -100.0% |
| KRE | -8,773 | -100.0% |
| EMB | -7,512 | -74.6% |
| APP | -7,483 | -95.5% |
| GLXY | -7,428 | -100.0% |
| BRDG | -7,353 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
6,642,297
(33.1% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|