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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 13 of 54  ·  1,068 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
241 CRS PUT CARPENTER TECHNOLOGY CORP Industrials 5,500.0 $2.2M 0.01% NEW $394.15 +11.2%
242 SCHW PUT SCHWAB CHARLES CORP Financial Services 22,900.0 $2.2M 0.01% +16K +236.8% $93.98 -4.1%
243 PUT BERKSHIRE HATHAWAY INC DEL 4,400.0 $2.1M 0.01% -96K -95.6% $479.20
244 TXNM ENERGY INC 36,021.0 $2.1M 0.01% NEW $58.46
245 COST COSTCO WHOLESALE CORPORATION Consumer Defensive 2,101.0 $2.1M 0.01% +325.0 +18.3% $996.43 +5.4%
246 MCD MCDONALDS CORP Consumer Cyclical 6,722.0 $2.1M 0.01% +6K +542.0% $310.79 -8.6%
247 ADI ANALOG DEVICES INC Technology 6,545.0 $2.1M 0.01% NEW $318.14 +20.8%
248 DELL PUT DELL TECHNOLOGIES INC Technology 12,500.0 $2.1M 0.01% -683K -98.2% $164.13 +54.1%
249 COPX GLOBAL X FDS 26,800.0 $2.0M 0.01% NEW $76.35 +8.7%
250 GS CALL GOLDMAN SACHS GROUP INC Financial Services 2,400.0 $2.0M 0.01% +2K +500.0% $845.99 +16.8%
251 QCOM QUALCOMM INC Technology 15,733.0 $2.0M 0.01% -634K -97.6% $128.78 +57.3%
252 WTM WHITE MTNS INS GROUP LTD Financial Services 921.0 $2.0M 0.01% NEW $2196.96 -2.4%
253 TER PUT TERADYNE INC Technology 6,800.0 $2.0M 0.01% NEW $296.46 +16.2%
254 MSGE SPHERE ENTERTAINMENT CO Communication Services 17,011.0 $2.0M 0.01% NEW $117.40 -40.9%
255 MA MASTERCARD INCORPORATED Financial Services 3,978.0 $2.0M 0.01% +4K +1253.1% $499.66 -0.0%
256 XLV SELECT SECTOR SPDR TR 13,489.0 $2.0M 0.01% +3K +22.8% $146.61 +1.1%
257 FSLR CALL FIRST SOLAR INC Energy 10,000.0 $2.0M 0.01% +9K +900.0% $197.26 +26.2%
258 FSLR PUT FIRST SOLAR INC Energy 10,000.0 $2.0M 0.01% +9K +900.0% $197.26 +26.2%
259 HUBB PUT HUBBELL INC Industrials 4,000.0 $2.0M 0.01% NEW $490.74 -6.1%
260 DRI PUT DARDEN RESTAURANTS INC Consumer Cyclical 10,000.0 $2.0M 0.01% NEW $196.04 +0.5%
Page 13 of 54  ·  1,068 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%