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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 14 of 22  ·  423 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
261 COF CAPITAL ONE FINL CORP Financial Services 1,095.0 $200K 0.00% NEW $182.43 +2.3%
262 UNH UNITEDHEALTH GROUP INC Healthcare 727.0 $197K 0.00% NEW $270.59 +41.7%
263 ARM CALL ARM HOLDINGS PLC Technology 1,300.0 $197K 0.00% NEW $151.28 +97.1%
264 ARM PUT ARM HOLDINGS PLC Technology 1,300.0 $197K 0.00% NEW $151.28 +97.1%
265 AZO AUTOZONE INC Consumer Cyclical 58.0 $196K 0.00% NEW $3377.78 +1.8%
266 TDG TRANSDIGM GROUP INC Industrials 166.0 $192K 0.00% NEW $1158.96 +3.4%
267 EW PUT EDWARDS LIFESCIENCES CORP Healthcare 2,400.0 $192K 0.00% NEW $80.08 +3.9%
268 CARR PUT CARRIER GLOBAL CORPORATION Industrials 3,400.0 $191K 0.00% NEW $56.31 +10.4%
269 PUT SANDISK CORP 300.0 $191K 0.00% NEW $635.34
270 BABA CALL ALIBABA GROUP HLDG LTD Consumer Cyclical 1,500.0 $188K 0.00% NEW $125.46 +4.8%
271 BILI CALL BILIBILI INC Technology 8,300.0 $187K 0.00% NEW $22.56 -22.1%
272 BILI PUT BILIBILI INC Technology 8,300.0 $187K 0.00% NEW $22.56 -22.1%
273 EL LAUDER ESTEE COS INC Consumer Defensive 2,556.0 $183K 0.00% NEW $71.77 +9.9%
274 KR PUT KROGER CO Consumer Defensive 2,500.0 $181K 0.00% NEW $72.36 -7.3%
275 YUM YUM BRANDS INC Consumer Cyclical 1,162.0 $181K 0.00% NEW $155.48 -1.8%
276 MELI CALL MERCADOLIBRE INC Consumer Cyclical 100.0 $173K 0.00% NEW $1729.02 -3.0%
277 MELI PUT MERCADOLIBRE INC Consumer Cyclical 100.0 $173K 0.00% NEW $1729.02 -3.0%
278 DAL PUT DELTA AIR LINES INC Industrials 2,600.0 $173K 0.00% NEW $66.48 +13.8%
279 NU NU HLDGS LTD Financial Services 12,000.0 $172K 0.00% NEW $14.37 -8.4%
280 AME PUT AMETEK INC Industrials 800.0 $171K 0.00% NEW $214.36 +4.1%
Page 14 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%