Capital Markets Trading UK LLP
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 13, 2025), Capital Markets Trading UK LLP reported 73 stock positions worth $88.0 million. Its top holding was Tesla (TSLA) at 7.3% of the portfolio, followed by Microsoft (MSFT, 6.5%) and Citigroup (C, 4.9%). Compared with Q1 2025, it opened 19 new positions, sold out of 29, added to 22 and reduced 32. The biggest buy was Tesla (TSLA, shares +492%) and the biggest sale Petroleo Brasileiro-Spon ADR (PBR, shares −69%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001719165
- Portfolio Value
- $88.0M (Q2 2025)
- SEC Filing
- 0001719165-25-000009 ↗ filed Aug 13, 2025
Holdings Value
Holdings 73 stocks · $88.0M
| TSLA Tesla Inc. | 7.35% | 20,357 | $6.5M | Add +491.9% |
| MSFT Microsoft Corp. | 6.45% | 11,421 | $5.7M | Reduce -11.1% |
| C Citigroup Inc. | 4.91% | 50,784 | $4.3M | Add +8.6% |
| TEVA Teva Pharmaceutical-SP ADR | 4.50% | 236,216 | $4.0M | Add +402.9% |
| EWZ iShares MSCI Brazil ETF | 4.14% | 126,245 | $3.6M | Add +1046.8% |
| GDX Vaneck Gold Miners ETF | 4.09% | 69,222 | $3.6M | New |
| AAL American Airlines Group Inc. | 3.70% | 290,303 | $3.3M | Add +416.3% |
| SMH Vaneck Semiconductor ETF | 3.22% | 10,169 | $2.8M | Reduce -32.3% |
| GOOG Alphabet Inc. Class C | 2.79% | 13,870 | $2.5M | New |
| FUTU Futu Holdings Ltd.-ADR filed as FUTU HLDGS LTD | 2.73% | 19,459 | $2.4M | Add +29.9% |
| FCX Freeport-McMoran Inc. | 2.58% | 52,404 | $2.3M | Reduce -46.3% |
| IBIT iShares Bitcoin Trust ETF | 2.46% | 35,314 | $2.2M | Add +24.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.39% | 3,406 | $2.1M | Add +172.5% |
| F Ford Motor Co. filed as FORD MTR CO | 2.37% | 192,048 | $2.1M | Reduce -36.4% |
| PBR Petroleo Brasileiro-Spon ADR | 2.16% | 152,196 | $1.9M | Reduce -69.3% |
| B Barrick Mining Corp. | 2.14% | 90,281 | $1.9M | Add +62.8% |
| CSCO Cisco Systems Inc. | 2.11% | 26,794 | $1.9M | New |
| INTC Intel Corp. | 1.79% | 70,168 | $1.6M | Add +134.7% |
| PLTR Palantir Technologies Inc. Class A | 1.48% | 9,559 | $1.3M | Add +73.8% |
| SOFI Sofi Technologies Inc. | 1.46% | 70,370 | $1.3M | New |
| VALE Vale SA-SP ADR | 1.40% | 127,005 | $1.2M | Reduce -57.5% |
| TSM Taiwan Semiconductor-SP ADR | 1.39% | 5,407 | $1.2M | Reduce -24.1% |
| WFC Wells Fargo & Co. | 1.33% | 14,667 | $1.2M | Reduce -54.3% |
| WMT Walmart Inc. | 1.32% | 11,875 | $1.2M | Add +59.8% |
| SNOW Snowflake Inc. | 1.28% | 5,045 | $1.1M | Reduce -11.5% |
| NCLH Norwegian Cruise Line Holdin | 1.28% | 55,656 | $1.1M | Add +22.0% |
| UBER Uber Technologies Inc. | 1.27% | 12,001 | $1.1M | Add +226.5% |
| AVGO Broadcom Inc. | 1.20% | 3,838 | $1.1M | New |
| VZ Verizon Communications Inc. | 1.19% | 24,274 | $1.1M | New |
| AAPL Apple Inc. | 1.13% | 4,870 | $999K | New |
| BA The Boeing Co. | 1.11% | 4,676 | $980K | Reduce -22.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.05% | 3,149 | $928K | Add +227.3% |
| FSLR First Solar Inc. | 0.97% | 5,164 | $855K | Reduce -30.1% |
| MA Mastercard Inc. Class A | 0.85% | 1,331 | $748K | Reduce -55.0% |
| CAT Caterpillar Inc. | 0.84% | 1,914 | $743K | New |
| GOOGL Alphabet Inc. Class A | 0.84% | 4,204 | $741K | Reduce -55.5% |
| MU Micron Technology Inc. | 0.77% | 5,500 | $678K | Reduce -70.1% |
| LI Li Auto Inc. - ADR | 0.74% | 23,931 | $649K | Reduce -61.1% |
| CCL Carnival Corp. | 0.73% | 23,000 | $647K | Reduce -47.0% |
| XOM Exxon Mobil Corp. | 0.71% | 5,802 | $625K | New |
| AMD Advanced Micro Devices | 0.70% | 4,346 | $617K | Reduce -61.4% |
| NEM Newmont Corp. | 0.69% | 10,480 | $611K | Reduce -56.0% |
| NIO Nio Inc. - ADR | 0.66% | 168,600 | $578K | Reduce -85.4% |
| LULU Lululemon Athletica Inc. | 0.64% | 2,380 | $565K | Add +62.5% |
| PANW Palo Alto Networks Inc. | 0.63% | 2,726 | $558K | Reduce -26.2% |
| ETSY Etsy Inc. | 0.58% | 10,224 | $513K | New |
| AMZN Amazon.com Inc. | 0.58% | 2,321 | $509K | Reduce -55.0% |
| RIVN Rivian Automotive Inc. Class A | 0.56% | 35,720 | $491K | Reduce -0.9% |
| MCD McDonald's Corp. | 0.53% | 1,595 | $466K | New |
| LCID Lucid Group Inc. | 0.50% | 210,240 | $444K | Add +231.2% |
| SHOP Shopify Inc. Class A | 0.49% | 3,729 | $430K | Reduce -39.6% |
| T AT&T Inc. | 0.48% | 14,735 | $426K | New |
| AIG American International Group | 0.48% | 4,979 | $426K | Reduce -35.7% |
| TGT Target Corp. | 0.47% | 4,214 | $416K | Add +29.2% |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 0.46% | 22,742 | $403K | New |
| AXP American Express Co. | 0.45% | 1,251 | $399K | New |
| KWEB Kranesh Csi China Internet | 0.43% | 10,948 | $376K | Add +5.4% |
| ON On Semiconductor | 0.42% | 7,100 | $372K | Reduce -58.6% |
| MS Morgan Stanley | 0.40% | 2,469 | $348K | Reduce -62.4% |
| APP AppLovin Corp. Class A | 0.39% | 975 | $341K | New |
| GM General Motors Co. | 0.37% | 6,637 | $327K | New |
| NFLX Netflix Inc. | 0.37% | 244 | $327K | Add +5.6% |
| ADBE Adobe Inc. | 0.36% | 814 | $315K | New |
| FXI iShares China Large-Cap ETF | 0.36% | 8,504 | $313K | Reduce -75.5% |
| PFE Pfizer Inc. | 0.32% | 11,667 | $283K | Reduce -45.2% |
| XPEV Xpeng Inc. - ADR | 0.31% | 15,149 | $271K | New |
| PYPL PayPal Holdings Inc. | 0.29% | 3,413 | $254K | Reduce -52.7% |
| XYZ Block Inc. | 0.24% | 3,066 | $208K | Reduce -79.5% |
| WBD Warner Bros Discovery Inc. | 0.18% | 14,039 | $161K | New |
| SNAP Snap Inc. Class A | 0.17% | 16,777 | $146K | Reduce -2.8% |
| GRAB Grab Holdings Ltd. Class A | 0.16% | 28,815 | $145K | Add +100.0% |
| BBD Banco Bradesco-ADR | 0.06% | 18,318 | $57K | Reduce -79.5% |
| WOLF Wolfspeed Inc. | 0.01% | 29,500 | $12K | Add +142.7% |
Options reported separately and not counted above: MICROSOFT CORP calls ($612.6M), NVIDIA CORPORATION puts ($361.5M), MICROSOFT CORP puts ($319.9M), TESLA INC puts ($218.0M), BROADCOM INC puts ($162.5M), MICRON TECHNOLOGY INC puts ($135.2M), INTEL CORP calls ($113.6M), TESLA INC calls ($106.9M), ADVANCED MICRO DEVICES INC puts ($101.9M), AMAZON COM INC puts ($98.9M), NVIDIA CORPORATION calls ($94.6M), TAIWAN SEMICONDUCTOR MANUFAC puts ($89.0M), and 190 more.
Portfolio Sells Q1 2025 → Q2 2025
| PBR Petroleo Brasileiro-Spon ADR | Reduce -69.3% | 2.16% | −5.94 |
| NIO Nio Inc. - ADR | Reduce -85.4% | 0.66% | −4.36 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −3.75 |
| VALE Vale SA-SP ADR | Reduce -57.5% | 1.40% | −2.00 |
| CVNA Carvana Co. | Sold out | 0.00% | −1.67 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −1.64 |
| FCX Freeport-McMoran Inc. | Reduce -46.3% | 2.58% | −1.64 |
| WFC Wells Fargo & Co. | Reduce -54.3% | 1.33% | −1.29 |
| JPM JPMorgan Chase & Co. | Sold out | 0.00% | −1.20 |
| CRM Salesforce Inc. | Sold out | 0.00% | −1.18 |
| F Ford Motor Co. | Reduce -36.4% | 2.37% | −1.09 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −1.09 |
| FXI iShares China Large-Cap ETF | Reduce -75.5% | 0.36% | −1.07 |
| MU Micron Technology Inc. | Reduce -70.1% | 0.77% | −1.05 |
| LI Li Auto Inc. - ADR | Reduce -61.1% | 0.74% | −1.03 |
| HD Home Depot Inc. | Sold out | 0.00% | −1.02 |
| MA Mastercard Inc. Class A | Reduce -55.0% | 0.85% | −1.00 |
| QCOM Qualcomm Inc. | Sold out | 0.00% | −0.95 |
| JD Jd.com Inc.-ADR | Sold out | 0.00% | −0.91 |
| GOOGL Alphabet Inc. Class A | Reduce -55.5% | 0.84% | −0.82 |
| PDD PDD Holdings Inc. | Sold out | 0.00% | −0.76 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.69 |
| XYZ Block Inc. | Reduce -79.5% | 0.24% | −0.69 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.65 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.63 |
| AMD Advanced Micro Devices | Reduce -61.4% | 0.70% | −0.62 |
| NEM Newmont Corp. | Reduce -56.0% | 0.69% | −0.62 |
| RDDT Reddit Inc. Class A | Sold out | 0.00% | −0.59 |
| VST Vistra Corp. | Sold out | 0.00% | −0.56 |
| AMZN Amazon.com Inc. | Reduce -55.0% | 0.58% | −0.54 |
| MS Morgan Stanley | Reduce -62.4% | 0.40% | −0.48 |
| CEG Constellation Energy | Sold out | 0.00% | −0.44 |
| ZM Zoom Communications Inc. | Sold out | 0.00% | −0.44 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.42 |
| ORCL Oracle Corp. | Sold out | 0.00% | −0.42 |
| SMH Vaneck Semiconductor ETF | Reduce -32.3% | 3.22% | −0.40 |
| TXN Texas Instruments Inc. | Sold out | 0.00% | −0.38 |
| ON On Semiconductor | Reduce -58.6% | 0.42% | −0.37 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.36 |
| SNDK Sandisk Corp. | Sold out | 0.00% | −0.36 |
| X United States Steel Corp. | Sold out | 0.00% | −0.35 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −0.32 |
| PFE Pfizer Inc. | Reduce -45.2% | 0.32% | −0.29 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.29 |
| AIG American International Group | Reduce -35.7% | 0.48% | −0.28 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.26 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.25 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.25 |
| PYPL PayPal Holdings Inc. | Reduce -52.7% | 0.29% | −0.25 |
| CCL Carnival Corp. | Reduce -47.0% | 0.73% | −0.23 |
Portfolio Buys Q1 2025 → Q2 2025
| TSLA Tesla Inc. | Add +491.9% | 7.35% | +6.33 |
| GDX Vaneck Gold Miners ETF | New | 4.09% | +4.09 |
| EWZ iShares MSCI Brazil ETF | Add +1046.8% | 4.14% | +3.81 |
| TEVA Teva Pharmaceutical-SP ADR | Add +402.9% | 4.50% | +3.67 |
| AAL American Airlines Group Inc. | Add +416.3% | 3.70% | +3.02 |
| GOOG Alphabet Inc. Class C | New | 2.79% | +2.79 |
| CSCO Cisco Systems Inc. | New | 2.11% | +2.11 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +172.5% | 2.39% | +1.59 |
| SOFI Sofi Technologies Inc. | New | 1.46% | +1.46 |
| AVGO Broadcom Inc. | New | 1.20% | +1.20 |
| VZ Verizon Communications Inc. | New | 1.19% | +1.19 |
| AAPL Apple Inc. | New | 1.13% | +1.13 |
| C Citigroup Inc. | Add +8.6% | 4.91% | +1.12 |
| INTC Intel Corp. | Add +134.7% | 1.79% | +1.01 |
| FUTU Futu Holdings Ltd.-ADR | Add +29.9% | 2.73% | +0.98 |
| UBER Uber Technologies Inc. | Add +226.5% | 1.27% | +0.97 |
| PLTR Palantir Technologies Inc. Class A | Add +73.8% | 1.48% | +0.95 |
| IBIT iShares Bitcoin Trust ETF | Add +24.2% | 2.46% | +0.94 |
| B Barrick Mining Corp. | Add +62.8% | 2.14% | +0.91 |
| CAT Caterpillar Inc. | New | 0.84% | +0.84 |
| IBM Intl Business Machines Corp. | Add +227.3% | 1.05% | +0.78 |
| XOM Exxon Mobil Corp. | New | 0.71% | +0.71 |
| ETSY Etsy Inc. | New | 0.58% | +0.58 |
| WMT Walmart Inc. | Add +59.8% | 1.32% | +0.57 |
| MCD McDonald's Corp. | New | 0.53% | +0.53 |
| T AT&T Inc. | New | 0.48% | +0.48 |
| BEKE Ke Holdings Inc.-ADR | New | 0.46% | +0.46 |
| AXP American Express Co. | New | 0.45% | +0.45 |
| APP AppLovin Corp. Class A | New | 0.39% | +0.39 |
| GM General Motors Co. | New | 0.37% | +0.37 |
| ADBE Adobe Inc. | New | 0.36% | +0.36 |
| LCID Lucid Group Inc. | Add +231.2% | 0.50% | +0.33 |
| XPEV Xpeng Inc. - ADR | New | 0.31% | +0.31 |
| NCLH Norwegian Cruise Line Holdin | Add +22.0% | 1.28% | +0.30 |
| WBD Warner Bros Discovery Inc. | New | 0.18% | +0.18 |
| LULU Lululemon Athletica Inc. | Add +62.5% | 0.64% | +0.17 |
| NFLX Netflix Inc. | Add +5.6% | 0.37% | +0.13 |
| GRAB Grab Holdings Ltd. Class A | Add +100.0% | 0.16% | +0.09 |
| TGT Target Corp. | Add +29.2% | 0.47% | +0.08 |
| KWEB Kranesh Csi China Internet | Add +5.4% | 0.43% | +0.01 |
| WOLF Wolfspeed Inc. | Add +142.7% | 0.01% | −0.03 |
Options Activity Q1 2025 → Q2 2025
| MICROSOFT CORP | call | Add +70.5% | 1,231,600 | $612.6M |
| NVIDIA CORPORATION | put | Reduce -17.2% | 2,288,200 | $361.5M |
| MICROSOFT CORP | put | Reduce -20.8% | 643,200 | $319.9M |
| TESLA INC | put | Reduce -37.9% | 686,400 | $218.0M |
| BROADCOM INC | put | Add +16.1% | 589,400 | $162.5M |
| MICRON TECHNOLOGY INC | put | Add +44.8% | 1,096,900 | $135.2M |
| INTEL CORP | call | Add +26.0% | 5,072,600 | $113.6M |
| TESLA INC | call | Reduce -62.8% | 336,400 | $106.9M |
| ADVANCED MICRO DEVICES INC | put | Reduce -9.7% | 718,400 | $101.9M |
| AMAZON COM INC | put | Reduce -28.7% | 450,700 | $98.9M |
| NVIDIA CORPORATION | call | Reduce -39.4% | 599,000 | $94.6M |
| TAIWAN SEMICONDUCTOR MANUFAC | put | New | 393,000 | $89.0M |
| META PLATFORMS INC | call | Add +155.4% | 110,100 | $81.3M |
| TAIWAN SEMICONDUCTOR MANUFAC | call | New | 339,500 | $76.9M |
| VANECK ETF TRUST | put | Reduce -9.1% | 1,423,000 | $74.1M |
| SNOWFLAKE INC | put | Add +11.0% | 314,400 | $70.4M |
| VALE S A | call | Add +101.5% | 6,688,700 | $64.9M |
| ARM HOLDINGS PLC | put | Add +12.3% | 383,100 | $62.0M |
| BOEING CO | put | Reduce -15.0% | 281,600 | $59.0M |
| CARNIVAL CORP | put | Reduce -16.1% | 2,044,600 | $57.5M |
| AMAZON COM INC | call | Reduce -8.4% | 260,400 | $57.1M |
| BANK OF AMER CORP | call | Add +16.3% | 1,202,300 | $56.9M |
| ADVANCED MICRO DEVICES INC | call | Reduce -55.0% | 399,200 | $56.6M |
| ALPHABET INC | put | Reduce -48.2% | 283,200 | $49.9M |
| SNOWFLAKE INC | call | Add +36.5% | 212,400 | $47.5M |
| MICRON TECHNOLOGY INC | call | Reduce -5.8% | 377,400 | $46.5M |
| LULULEMON ATHLETICA INC | put | Add +31.6% | 194,400 | $46.2M |
| ARM HOLDINGS PLC | call | Add +36.8% | 283,400 | $45.8M |
| BROADCOM INC | call | Reduce -15.8% | 163,700 | $45.1M |
| WELLS FARGO & CO | put | Reduce -18.3% | 537,800 | $43.1M |
| AMERICAN EXPRESS CO | put | Reduce -2.8% | 134,200 | $42.8M |
| NETFLIX INC. | put | Add +89.9% | 31,900 | $42.7M |
| VANECK ETF TRUST | call | Add +6.9% | 800,100 | $41.7M |
| TARGET CORP | call | Add +108.8% | 405,200 | $40.0M |
| QUALCOMM INC | call | Add +35.7% | 232,200 | $37.0M |
| AMERICAN EXPRESS CO | call | Reduce -27.5% | 114,400 | $36.5M |
| TARGET CORP | put | Add +55.6% | 369,200 | $36.4M |
| SHOPIFY INC | put | Add +7.3% | 315,600 | $36.4M |
| SHOPIFY INC | call | Add +91.8% | 312,100 | $36.0M |
| CROWDSTRIKE HLDGS INC | put | Reduce -21.0% | 70,100 | $35.7M |
| JPMORGAN CHASE & CO | put | Reduce -9.3% | 122,100 | $35.4M |
| PDD HOLDINGS INC | call | Reduce -1.2% | 330,000 | $34.5M |
| PALANTIR TECHNOLOGIES INC | put | Reduce -10.2% | 252,500 | $34.4M |
| META PLATFORMS INC | put | Reduce -18.1% | 45,800 | $33.8M |
| CATERPILLAR INC | call | Add +118.8% | 86,200 | $33.5M |
| FORD MTR CO | call | Add +21.0% | 3,047,200 | $33.1M |
| AIRBNB INC | call | Add +5.2% | 249,300 | $33.0M |
| FORD MTR CO | put | Reduce -21.1% | 3,001,700 | $32.6M |
| BOEING CO | call | Add +11.1% | 154,800 | $32.4M |
| INTEL CORP | put | Add +7.5% | 1,392,300 | $31.2M |
Showing the first 50 of 229.
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 87 | $139.9M | SMH, FCX, EWZ, NVDA, MSFT |
| Q1 2026 | 77 | $111.2M | EWZ, SPY, FCX, TEVA, PBR |
| Q4 2025Amended | 73 | $82.8M | GDX, PBR, INTC, TSLA, AVGO |
| Q3 2025 | 78 | $97.9M | MSFT, META, UAL, GOOG, AVGO |
| Q2 2025 | 73 | $88.0M | TSLA, MSFT, C, TEVA, EWZ |
| Q1 2025 | 83 | $87.7M | PBR, MSFT, NIO, FCX, C |
| Q4 2024 | 73 | $168.7M | MSFT, TEVA, FUTU, IBIT, MU |
| Q3 2024 | 87 | $108.1M | NEM, TEVA, FUTU, BILI, ASML |
| Q2 2024 | 78 | $136.1M | WFC, TEVA, PBR, C, AAPL |
| Q1 2024 | 76 | $137.9M | C, WFC, PBR, VALE, F |