Capula Management Ltd

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$15.4B

Total Positions

317

New This Quarter

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

VOO37.40%

SPY19.34%

IBIT2.36%

IVV2.12%

BABA1.06%

ETHA1.04%

IBM1.01%

UBER0.93%

FBTC0.81%

GOOGL0.64%

Other5.60%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

SIL5Q held

GLOBAL X FDS G

Avg $35.58 · $433,276 est. P&L

Est. P&L

+140.32%

SILJ3Q held

AMPLIFY ETF TR

Avg $14.13 · $358,876 est. P&L

Est. P&L

+99.08%

GDX4Q held

VANECK ETF TRUST

Avg $45.24 · $780,416 est. P&L

Est. P&L

+91.95%

Top Losers

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View plans

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Top Holdings(Showing 25 of 314 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
VOO VANGUARD INDEX FDS	11.9M	$7.5B	37.4%	—	$631.72	0.00%	2 qtrs	Increased 100
SPY SPDR S&P 500 ETF TR	5.7M	$3.9B	19.3%	—	$627.83	+9.43%	28 qtrs	Increased 96
IBIT ISHARES BITCOIN TRUST ETF S	9.5M	$470.7M	2.4%	—	$40.61	+22.72%	7 qtrs	Decreased 0
IVV ISHARES TR	616,758	$422.4M	2.1%	—	$582.46	+18.45%	4 qtrs	Decreased 0
BABA ALIBABA GROUP HLDG LTD	1.4M	$212.4M	1.1%	—	$155.10	-4.99%	5 qtrs	Increased 78
ETHA ISHARES ETHEREUM TR S	9.2M	$207M	1.0%	—	$22.74	-1.81%	4 qtrs	Increased 50
IBM International Business Machines Corp	681,074	$201.7M	1.0%	—	$300.30	+0.01%	2 qtrs	Increased 78
UBER Uber Technologies Inc	2.3M	$185.1M	0.9%	—	$90.07	-8.83%	2 qtrs	Increased 69
FBTC FIDELITY WISE ORIGIN BITCOIN	2.1M	$161.1M	0.8%	—	$68.03	+12.52%	7 qtrs	Unchanged 0
GOOGL Alphabet Inc	405,922	$127.1M	0.6%	—	$304.82	+2.96%	22 qtrs	Increased 69
QCOM QUALCOMM Inc	650,000	$111.2M	0.6%	—	$173.55	+0.06%	7 qtrs	Increased 68
CAT Caterpillar Inc	170,000	$97.4M	0.5%	—	$575.70	+0.06%	2 qtrs	Increased 58
XOM Exxon Mobil Corp	802,016	$96.5M	0.5%	—	$120.05	+0.12%	6 qtrs	Increased 58
COIN Coinbase Global Inc	426,257	$96.4M	0.5%	—	$333.99	-30.66%	2 qtrs	Decreased 0
PYPL PayPal Holdings Inc	1.6M	$94.4M	0.5%	—	$59.26	-0.27%	5 qtrs	Increased 58
CEG Constellation Energy Corp	250,000	$88.3M	0.4%	—	$357.06	+0.02%	2 qtrs	Increased 58
DELL Dell Technologies Inc	694,686	$87.4M	0.4%	—	$132.84	-4.13%	2 qtrs	Decreased 0
AAPL Apple Inc	309,743	$84.2M	0.4%	—	$251.94	+8.29%	10 qtrs	Decreased 0
FETH FIDELITY ETHEREUM FD S	2.1M	$61.4M	0.3%	—	$23.05	+27.91%	4 qtrs	Decreased 0
APP AppLovin Corp	90,000	$60.6M	0.3%	—	$691.49	+0.32%	5 qtrs	Increased 57
BRK/B Berkshire Hathaway Inc	100,017	$50.3M	0.3%	—	—	—	2 qtrs	Decreased 0
GOOG Alphabet Inc	160,000	$50.2M	0.3%	—	$314.55	0.00%	1 qtr	New 48
QQQ INVESCO QQQ TR	76,595	$47.1M	0.2%	—	$565.31	+9.57%	17 qtrs	Decreased 0
WBD Warner Bros Discovery Inc	1.6M	$46M	0.2%	—	$28.94	0.00%	1 qtr	New 48
TSLA Tesla Inc	102,134	$45.9M	0.2%	—	$416.81	+9.03%	6 qtrs	Decreased 0
Showing 25 of 314 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

LOWLowe's Cos Inc

Q4 2024 → Q4 2025+41,608 shares+$10M

MRVLMARVELL TECHNOLOGY INC

Q4 2024 → Q4 2025+124,066 shares+$10.5M

CMCSAComcast Corp

Q4 2024 → Q4 2025+89,839 shares+$2.5M

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer