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Portfolio (Quarterly) Guide ↗

Capula Management Ltd

· CIK 0001557017
13F Portfolio $14.1B AUM 1,256 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 423 New 312 Added 279 Reduced 165 Exited
Page 15 of 16  ·  312 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
281 IDXX PUT IDEXX LABS INC Healthcare 300.0 $169K 0.00% +100.0 +50.0% $561.89 -1.6%
282 BK CALL BANK NEW YORK MELLON CORP Financial Services 1,400.0 $166K 0.00% +400.0 +40.0% $118.63 +17.2%
283 M MACYS INC Consumer Cyclical 8,802.0 $159K 0.00% +4K +86.1% $18.09 +14.0%
284 PCG PUT PG&E CORP Utilities 8,900.0 $156K 0.00% +5K +111.9% $17.57 -6.4%
285 SPGI S&P GLOBAL INC Financial Services 363.0 $154K 0.00% +261.0 +255.9% $425.34 -2.0%
286 BX BLACKSTONE INC Financial Services 1,312.0 $151K 0.00% +881.0 +204.4% $114.99 +3.1%
287 MDLZ PUT MONDELEZ INTL INC Consumer Defensive 2,600.0 $150K 0.00% +900.0 +52.9% $57.64 +6.7%
288 HCA CALL HCA HEALTHCARE INC Healthcare 300.0 $142K 0.00% +100.0 +50.0% $473.24 -17.0%
289 UAL PUT UNITED AIRLS HLDGS INC Industrials 1,500.0 $138K 0.00% +800.0 +114.3% $92.07 +6.5%
290 SMCI CALL SUPER MICRO COMPUTER INC Technology 5,700.0 $130K 0.00% +5K +1800.0% $22.77 +46.9%
291 BILL BILL HOLDINGS INC Technology 3,343.0 $128K 0.00% +2K +88.2% $38.30 -4.8%
292 CTAS PUT CINTAS CORP Industrials 700.0 $118K 0.00% +200.0 +40.0% $169.14 +1.9%
293 TMUS T-MOBILE US INC Communication Services 523.0 $110K 0.00% +156.0 +42.5% $210.03 -9.5%
294 MMM 3M CO Industrials 754.0 $110K 0.00% +694.0 +1156.7% $145.23 +4.4%
295 PSX CALL PHILLIPS 66 Energy 600.0 $109K 0.00% +100.0 +20.0% $182.18 -1.6%
296 ZTS ZOETIS INC Healthcare 903.0 $107K 0.00% +548.0 +154.4% $118.21 -32.6%
297 ZTS CALL ZOETIS INC Healthcare 900.0 $106K 0.00% +300.0 +50.0% $118.21 -32.6%
298 DASH CALL DOORDASH INC Communication Services 700.0 $105K 0.00% +100.0 +16.7% $150.15 +6.1%
299 AIG PUT AMERICAN INTL GROUP INC Financial Services 1,300.0 $98K 0.00% +300.0 +30.0% $75.25 +4.5%
300 MCO MOODYS CORP Financial Services 220.0 $96K 0.00% +216.0 +5400.0% $436.25 +2.1%
Page 15 of 16  ·  312 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 80.1%
Technology 5.9%
Communication Services 2.9%
Healthcare 2.8%
Industrials 2.6%
Consumer Cyclical 2.2%
Utilities 1.1%
Consumer Defensive 1.0%
Energy 0.6%
Real Estate 0.3%