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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 22 of 54  ·  1,068 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
421 CVS PUT CVS HEALTH CORP Healthcare 10,300.0 $740K 0.01% +6K +145.2% $71.82 +29.9%
422 AMGN PUT AMGEN INC Healthcare 2,100.0 $739K 0.01% -114K -98.2% $351.85 -4.1%
423 MRNA MODERNA INC Healthcare 14,500.0 $737K 0.01% NEW $50.80 -7.0%
424 TER TERADYNE INC Technology 2,471.0 $733K 0.01% NEW $296.46 +16.2%
425 DE CALL DEERE & CO Industrials 1,300.0 $732K 0.01% +700.0 +116.7% $563.30 -5.7%
426 WULF PUT TERAWULF INC Financial Services 50,000.0 $722K 0.01% $14.43 +49.9%
427 WULF CALL TERAWULF INC Financial Services 50,000.0 $722K 0.01% $14.43 +49.9%
428 DASH PUT DOORDASH INC Communication Services 4,800.0 $721K 0.01% +4K +585.7% $150.15 +6.1%
429 PANW PALO ALTO NETWORKS INC Technology 4,487.0 $719K 0.01% -3K -43.5% $160.32 +57.8%
430 ASX ASE TECHNOLOGY HLDG CO LTD Technology 33,160.0 $719K 0.01% -11K -24.9% $21.68 +50.6%
431 LOAR LOAR HOLDINGS INC Industrials 12,547.0 $719K 0.01% NEW $57.29 +9.2%
432 PFE CALL PFIZER INC Healthcare 25,500.0 $716K 0.01% +13K +99.2% $28.08 -7.6%
433 COIN CALL COINBASE GLOBAL INC Financial Services 4,100.0 $716K 0.01% +2K +115.8% $174.61 +10.9%
434 UDR PUT UDR INC Real Estate 21,100.0 $713K 0.01% NEW $33.78 +12.0%
435 UDR CALL UDR INC Real Estate 21,100.0 $713K 0.01% NEW $33.78 +12.0%
436 CAT CALL CATERPILLAR INC Industrials 1,000.0 $708K 0.01% -300.0 -23.1% $708.46 +22.2%
437 VMC PUT VULCAN MATLS CO Basic Materials 2,600.0 $708K 0.01% +2K +766.7% $272.30 -3.3%
438 INTU INTUIT Technology 1,630.0 $705K 0.01% +1K +986.7% $432.38 -29.0%
439 GILD PUT GILEAD SCIENCES INC Healthcare 5,000.0 $697K 0.01% +100.0 +2.0% $139.37 -6.4%
440 AXP CALL AMERICAN EXPRESS CO Financial Services 2,300.0 $696K 0.01% +2K +228.6% $302.48 +2.4%
Page 22 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%