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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 12 of 22  ·  423 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
221 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 1,646.0 $325K 0.00% NEW $197.50 +19.8%
222 VLO PUT VALERO ENERGY CORP Energy 1,300.0 $321K 0.00% NEW $247.08 +2.7%
223 PUT LIBERTY GLOBAL LTD 25,200.0 $305K 0.00% NEW $12.09
224 UDR UDR INC Real Estate 8,923.0 $301K 0.00% NEW $33.78 +12.0%
225 TAL PUT TAL ED GROUP Consumer Defensive 26,400.0 $300K 0.00% NEW $11.37 -7.9%
226 KEY CALL KEYCORP Financial Services 14,900.0 $299K 0.00% NEW $20.05 +7.2%
227 AEP AMERICAN ELEC PWR CO INC Utilities 2,247.0 $295K 0.00% NEW $131.08 -1.1%
228 ROP PUT ROPER TECHNOLOGIES INC Industrials 800.0 $283K 0.00% NEW $353.86 -7.1%
229 XEL PUT XCEL ENERGY INC Utilities 3,500.0 $278K 0.00% NEW $79.44 +0.5%
230 GT CALL GOODYEAR TIRE & RUBR CO Consumer Cyclical 40,600.0 $269K 0.00% NEW $6.63 -11.5%
231 GT PUT GOODYEAR TIRE & RUBR CO Consumer Cyclical 40,600.0 $269K 0.00% NEW $6.63 -11.5%
232 ABNB AIRBNB INC Consumer Cyclical 2,055.0 $260K 0.00% NEW $126.28 +6.3%
233 EL CALL LAUDER ESTEE COS INC Consumer Defensive 3,600.0 $258K 0.00% NEW $71.77 +9.9%
234 EL PUT LAUDER ESTEE COS INC Consumer Defensive 3,600.0 $258K 0.00% NEW $71.77 +9.9%
235 DDOG DATADOG INC Technology 2,185.0 $258K 0.00% NEW $118.05 +84.7%
236 VNQ VANGUARD INDEX FDS 2,875.0 $255K 0.00% NEW $88.70 +9.0%
237 JD CALL JD.COM INC Consumer Cyclical 8,600.0 $254K 0.00% NEW $29.57 +6.4%
238 GM GENERAL MTRS CO Consumer Cyclical 3,316.0 $247K 0.00% NEW $74.50 +3.6%
239 BKR PUT BAKER HUGHES COMPANY Energy 4,000.0 $244K 0.00% NEW $61.05 +7.8%
240 LHX PUT L3HARRIS TECHNOLOGIES INC Industrials 700.0 $242K 0.00% NEW $345.15 -11.2%
Page 12 of 22  ·  423 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%