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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 8 of 16  ·  312 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 SBUX STARBUCKS CORP Consumer Cyclical 12,698.0 $1.1M 0.01% +8K +196.1% $89.59 +18.9%
142 UNH CALL UNITEDHEALTH GROUP INC Healthcare 4,100.0 $1.1M 0.01% +1K +51.9% $270.59 +41.7%
143 MDT PUT MEDTRONIC PLC Healthcare 12,800.0 $1.1M 0.01% +100.0 +0.8% $86.65 -9.8%
144 RTX PUT RTX CORPORATION Industrials 5,700.0 $1.1M 0.01% +200.0 +3.6% $192.90 -9.4%
145 AXP PUT AMERICAN EXPRESS CO Financial Services 3,600.0 $1.1M 0.01% +1K +38.5% $302.48 +2.4%
146 CVX CHEVRON CORPORATION Energy 5,259.0 $1.1M 0.01% +1K +31.2% $206.90 -7.7%
147 ADBE ADOBE INC Technology 4,462.0 $1.1M 0.01% +4K +3919.8% $243.08 +0.4%
148 RTX CALL RTX CORPORATION Industrials 5,600.0 $1.1M 0.01% +4K +211.1% $192.90 -9.4%
149 ABBV CALL ABBVIE INC Healthcare 4,900.0 $1.1M 0.01% +1K +32.4% $217.49 -1.3%
150 PM PUT PHILIP MORRIS INTL INC Consumer Defensive 6,400.0 $1.1M 0.01% +500.0 +8.5% $165.34 +14.1%
151 COF PUT CAPITAL ONE FINL CORP Financial Services 5,800.0 $1.1M 0.01% +4K +190.0% $182.43 +2.3%
152 GE GE AEROSPACE Industrials 3,609.0 $1.0M 0.01% +3K +802.2% $283.77 +6.3%
153 WM WASTE MGMT INC DEL Industrials 4,442.0 $1.0M 0.01% +4K +624.6% $229.79 -4.4%
154 DIS PUT DISNEY WALT CO Communication Services 10,400.0 $1.0M 0.01% +2K +19.5% $96.38 +7.5%
155 BAC CALL BANK AMERICA CORP Financial Services 19,700.0 $960K 0.01% +11K +116.5% $48.75 +5.6%
156 CZR CAESARS ENTERTAINMENT INC NE Consumer Cyclical 36,000.0 $951K 0.01% +22K +159.9% $26.43 +5.6%
157 TMO PUT THERMO FISHER SCIENTIFIC INC Healthcare 1,900.0 $934K 0.01% +700.0 +58.3% $491.53 -8.1%
158 CB PUT CHUBB LTD SWITZ Financial Services 2,800.0 $913K 0.01% +2K +250.0% $325.93 +1.3%
159 AEP PUT AMERICAN ELEC PWR CO INC Utilities 6,900.0 $904K 0.01% +5K +245.0% $131.08 -1.1%
160 BA CALL BOEING CO Industrials 4,500.0 $896K 0.01% +3K +136.8% $199.03 +10.3%
Page 8 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%