Capital Markets Trading UK LLP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Capital Markets Trading UK LLP reported 77 stock positions worth $111.2 million. Its top holding was iShares MSCI Brazil ETF (EWZ) at 12.7% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 10.6%) and Freeport-McMoran (FCX, 4.6%). Compared with Q4 2025, it opened 29 new positions, sold out of 25, added to 29 and reduced 19. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +1195%) and the biggest sale an exit from Intel (INTC).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001719165
Portfolio Value
$111.2M (Q1 2026)
SEC Filing
0001719165-26-000006 ↗ filed May 15, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $137.9M Q1 2024 Q2 2024: $136.1M Q2 2024 Q3 2024: $108.1M Q3 2024 Q4 2024: $168.7M Q4 2024 Q1 2025: $87.7M Q1 2025 Q2 2025: $88.0M Q2 2025 Q3 2025: $97.9M Q3 2025 Q4 2025: $82.8M Q4 2025 Q1 2026: $111.2M $111.2M Q1 2026 Q2 2026: $139.9M Q2 2026

Holdings 77 stocks · $111.2M
EWZ iShares MSCI Brazil ETF 12.73% 368,850 $14.2M Add +308.5%
SPY SS SPDR S&P 500 ETF Trust-US 10.62% 18,163 $11.8M Add +1194.6%
FCX Freeport-McMoran Inc. 4.64% 87,868 $5.2M Add +1963.6%
TEVA Teva Pharmaceutical-SP ADR 4.45% 164,291 $4.9M Add +175.7%
PBR Petroleo Brasileiro-Spon ADR 3.65% 195,724 $4.1M Reduce -55.5%
NCLH Norwegian Cruise Line Holdin 3.43% 203,934 $3.8M Add +248.9%
GDX Vaneck Gold Miners ETF 3.41% 41,373 $3.8M Reduce -48.0%
DAL Delta Air Lines Inc. 3.09% 51,692 $3.4M New
MSFT Microsoft Corp. 2.55% 7,668 $2.8M Add +291.2%
B Barrick Mining Corp. 2.51% 68,364 $2.8M Add +331.1%
RIVN Rivian Automotive Inc. Class A 2.30% 169,944 $2.6M New
SMH Vaneck Semiconductor ETF 2.17% 6,307 $2.4M Add +935.6%
ADBE Adobe Inc. 2.13% 9,742 $2.4M New
GLD SPDR Gold Shares 1.89% 4,873 $2.1M Add +778.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.71% 39,019 $1.9M New
F Ford Motor Co. filed as FORD MTR CO 1.62% 156,345 $1.8M New
PYPL PayPal Holdings Inc. 1.55% 38,108 $1.7M Add +616.2%
TSLA Tesla Inc. 1.49% 4,443 $1.7M Reduce -53.7%
PLTR Palantir Technologies Inc. Class A 1.48% 11,222 $1.6M Add +247.0%
AXP American Express Co. 1.43% 5,267 $1.6M Add +83.2%
AAL American Airlines Group Inc. 1.05% 108,655 $1.2M Reduce -38.6%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 1.00% 845 $1.1M Add +15.0%
WFC Wells Fargo & Co. 0.99% 13,885 $1.1M New
MRVL Marvell Technology Inc. 0.99% 11,107 $1.1M Add +45.0%
NIO Nio Inc. - ADR 0.91% 166,971 $1.0M Reduce -51.6%
ARM Arm Holdings PLC-ADR 0.88% 6,496 $983K Add +24.6%
NFLX Netflix Inc. 0.86% 9,967 $958K Add +237.1%
MS Morgan Stanley 0.82% 5,524 $909K New
DELL Dell Technologies -C 0.79% 5,377 $883K Reduce -38.1%
AIG American International Group 0.76% 11,294 $850K New
META Meta Platforms Inc. Class A 0.73% 1,410 $807K Add +268.1%
FXI iShares China Large-Cap ETF 0.71% 21,898 $786K Reduce -11.1%
ABNB Airbnb Inc. Class A 0.69% 6,111 $772K Add +105.1%
GEV GE Vernova Inc. 0.69% 873 $762K New
BA The Boeing Co. 0.68% 3,826 $761K Reduce -57.5%
CVX Chevron Corp. 0.68% 3,640 $753K Add +50.8%
SCHW Schwab (charles) Corp. 0.67% 7,962 $748K Add +209.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.67% 3,069 $744K Add +31.8%
LRCX Lam Research Corp. 0.62% 3,255 $695K New
LULU Lululemon Athletica Inc. 0.62% 4,481 $686K Add +349.9%
LLY Eli Lilly & Co. 0.61% 738 $679K Add +290.5%
KWEB Kranesh Csi China Internet 0.59% 23,000 $654K Reduce -12.4%
SOFI Sofi Technologies Inc. 0.58% 40,916 $650K Add +211.3%
UAL United Airlines Holdings Inc. 0.58% 7,027 $647K Reduce -9.8%
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.56% 43,649 $627K New
AMZN Amazon.com Inc. 0.56% 2,998 $624K Add +84.7%
WDC Western Digital Corp. 0.55% 2,250 $609K New
AMD Advanced Micro Devices 0.54% 2,971 $604K New
GM General Motors Co. 0.54% 8,008 $597K Add +180.8%
HOOD Robinhood Markets Inc. Class A 0.52% 8,360 $579K Add +299.4%
TSM Taiwan Semiconductor-SP ADR 0.51% 1,664 $562K Add +31.3%
PFE Pfizer Inc. 0.50% 19,767 $555K New
NVDA Nvidia Corp. 0.50% 3,172 $553K New
CVNA Carvana Co. 0.49% 1,719 $540K New
BX Blackstone Inc. 0.48% 4,611 $530K New
CRM Salesforce Inc. 0.47% 2,830 $528K Reduce -21.6%
UBER Uber Technologies Inc. 0.44% 6,819 $490K New
CRWD CrowdStrike Holdings Inc. Class A 0.44% 1,250 $488K Reduce -10.1%
ADI Analog Devices Inc. 0.44% 1,529 $486K New
HD Home Depot Inc. 0.42% 1,409 $463K Reduce -20.9%
NVO Novo-Nordisk A/S-Spons ADR 0.41% 12,310 $452K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.38% 4,422 $426K Reduce -23.6%
XOM Exxon Mobil Corp. 0.38% 2,461 $418K New
V Visa Inc. Class A 0.35% 1,297 $392K Reduce -65.8%
NKE Nike Inc. Class B 0.34% 7,233 $382K Reduce -3.8%
CCL Carnival Corp. 0.30% 12,980 $336K New
GS Goldman Sachs Group Inc. 0.30% 394 $333K New
QCOM Qualcomm Inc. 0.30% 2,582 $333K Add +7.0%
UPS United Parcel Service Class B 0.28% 3,147 $310K New
GOOGL Alphabet Inc. Class A 0.27% 1,059 $305K Reduce -51.0%
UNH Unitedhealth Group Inc. 0.27% 1,116 $302K New
PDD PDD Holdings Inc. 0.27% 2,884 $295K Reduce -11.3%
EWY iShares MSCI South Korea ETF 0.26% 2,305 $284K New
RDDT Reddit Inc. Class A 0.26% 2,109 $284K New
LI Li Auto Inc. - ADR 0.25% 15,589 $278K Reduce -68.5%
STX Seagate Technology Holdings 0.23% 646 $253K New
ETSY Etsy Inc. 0.20% 4,440 $222K New

Options reported separately and not counted above: ISHARES INC calls ($473.3M), ISHARES INC puts ($444.2M), MICROSOFT CORP puts ($418.1M), MICROSOFT CORP calls ($310.2M), MICRON TECHNOLOGY INC puts ($261.7M), NVIDIA CORPORATION puts ($215.4M), TESLA INC puts ($212.9M), INTEL CORP puts ($206.2M), TESLA INC calls ($202.2M), TAIWAN SEMICONDUCTOR MANUFAC puts ($192.0M), NVIDIA CORPORATION calls ($183.5M), BROADCOM INC puts ($180.7M), and 223 more.

Portfolio Sells Q4 2025 → Q1 2026
INTC Intel Corp. Sold out 0.00% −6.24
AVGO Broadcom Inc. Sold out 0.00% −4.93
GDX Vaneck Gold Miners ETF Reduce -48.0% 3.41% −4.82
GOOG Alphabet Inc. Class C Sold out 0.00% −4.35
TSLA Tesla Inc. Reduce -53.7% 1.49% −3.72
VZ Verizon Communications Inc. Sold out 0.00% −2.68
PBR Petroleo Brasileiro-Spon ADR Reduce -55.5% 3.65% −2.65
WMT Walmart Inc. Sold out 0.00% −2.50
CAT Caterpillar Inc. Sold out 0.00% −2.31
AAL American Airlines Group Inc. Reduce -38.6% 1.05% −2.23
XPEV Xpeng Inc. - ADR Sold out 0.00% −2.22
ORCL Oracle Corp. Sold out 0.00% −1.88
BA The Boeing Co. Reduce -57.5% 0.68% −1.67
MU Micron Technology Inc. Sold out 0.00% −1.32
V Visa Inc. Class A Reduce -65.8% 0.35% −1.25
NIO Nio Inc. - ADR Reduce -51.6% 0.91% −1.22
FSLR First Solar Inc. Sold out 0.00% −1.02
BEKE Ke Holdings Inc.-ADR Sold out 0.00% −0.97
SE Sea Ltd.-ADR Sold out 0.00% −0.88
SHOP Shopify Inc. Class A Sold out 0.00% −0.87
LI Li Auto Inc. - ADR Reduce -68.5% 0.25% −0.76
GRAB Grab Holdings Ltd. Class A Sold out 0.00% −0.72
C Citigroup Inc. Sold out 0.00% −0.69
OXY Occidental Petroleum Corp. Sold out 0.00% −0.68
CRM Salesforce Inc. Reduce -21.6% 0.47% −0.68
MELI MercadoLibre Inc. Sold out 0.00% −0.64
VST Vistra Corp. Sold out 0.00% −0.59
GOOGL Alphabet Inc. Class A Reduce -51.0% 0.27% −0.54
XLE SS Energy Select Sector Sold out 0.00% −0.54
DELL Dell Technologies -C Reduce -38.1% 0.79% −0.53
JPM JPMorgan Chase & Co. Sold out 0.00% −0.50
KWEB Kranesh Csi China Internet Reduce -12.4% 0.59% −0.49
PANW Palo Alto Networks Inc. Sold out 0.00% −0.48
VALE Vale SA-SP ADR Sold out 0.00% −0.48
UAL United Airlines Holdings Inc. Reduce -9.8% 0.58% −0.47
FXI iShares China Large-Cap ETF Reduce -11.1% 0.71% −0.43
DIS The Walt Disney Co. Reduce -23.6% 0.38% −0.41
SMCI Super Micro Computer Inc. Sold out 0.00% −0.37
CRWD CrowdStrike Holdings Inc. Class A Reduce -10.1% 0.44% −0.35
HD Home Depot Inc. Reduce -20.9% 0.42% −0.32
CSCO Cisco Systems Inc. Sold out 0.00% −0.28
TGT Target Corp. Sold out 0.00% −0.26
NKE Nike Inc. Class B Reduce -3.8% 0.34% −0.23
PDD PDD Holdings Inc. Reduce -11.3% 0.27% −0.18

Portfolio Buys Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Add +1194.6% 10.62% +9.46
EWZ iShares MSCI Brazil ETF Add +308.5% 12.73% +9.27
FCX Freeport-McMoran Inc. Add +1963.6% 4.64% +4.38
DAL Delta Air Lines Inc. New 3.09% +3.09
RIVN Rivian Automotive Inc. Class A New 2.30% +2.30
TEVA Teva Pharmaceutical-SP ADR Add +175.7% 4.45% +2.20
ADBE Adobe Inc. New 2.13% +2.13
SMH Vaneck Semiconductor ETF Add +935.6% 2.17% +1.91
NCLH Norwegian Cruise Line Holdin Add +248.9% 3.43% +1.85
BAC Bank of America Corp. New 1.71% +1.71
B Barrick Mining Corp. Add +331.1% 2.51% +1.67
F Ford Motor Co. New 1.62% +1.62
GLD SPDR Gold Shares Add +778.0% 1.89% +1.62
MSFT Microsoft Corp. Add +291.2% 2.55% +1.41
PYPL PayPal Holdings Inc. Add +616.2% 1.55% +1.17
WFC Wells Fargo & Co. New 0.99% +0.99
MS Morgan Stanley New 0.82% +0.82
PLTR Palantir Technologies Inc. Class A Add +247.0% 1.48% +0.78
AIG American International Group New 0.76% +0.76
GEV GE Vernova Inc. New 0.69% +0.69
LRCX Lam Research Corp. New 0.62% +0.62
NU Nu Holdings Ltd./Cayman Isl-A New 0.56% +0.56
WDC Western Digital Corp. New 0.55% +0.55
AMD Advanced Micro Devices New 0.54% +0.54
NFLX Netflix Inc. Add +237.1% 0.86% +0.53
PFE Pfizer Inc. New 0.50% +0.50
NVDA Nvidia Corp. New 0.50% +0.50
CVNA Carvana Co. New 0.49% +0.49
BX Blackstone Inc. New 0.48% +0.48
UBER Uber Technologies Inc. New 0.44% +0.44
ADI Analog Devices Inc. New 0.44% +0.44
META Meta Platforms Inc. Class A Add +268.1% 0.73% +0.42
NVO Novo-Nordisk A/S-Spons ADR New 0.41% +0.41
XOM Exxon Mobil Corp. New 0.38% +0.38
LULU Lululemon Athletica Inc. Add +349.9% 0.62% +0.37
LLY Eli Lilly & Co. Add +290.5% 0.61% +0.37
SCHW Schwab (charles) Corp. Add +209.7% 0.67% +0.36
CCL Carnival Corp. New 0.30% +0.30
GS Goldman Sachs Group Inc. New 0.30% +0.30
UPS United Parcel Service Class B New 0.28% +0.28
UNH Unitedhealth Group Inc. New 0.27% +0.27
GM General Motors Co. Add +180.8% 0.54% +0.26
EWY iShares MSCI South Korea ETF New 0.26% +0.26
RDDT Reddit Inc. Class A New 0.26% +0.26
HOOD Robinhood Markets Inc. Class A Add +299.4% 0.52% +0.23
CVX Chevron Corp. Add +50.8% 0.68% +0.23
STX Seagate Technology Holdings New 0.23% +0.23
ABNB Airbnb Inc. Class A Add +105.1% 0.69% +0.21
MRVL Marvell Technology Inc. Add +45.0% 0.99% +0.20
ETSY Etsy Inc. New 0.20% +0.20

Options Activity Q4 2025 → Q1 2026
ISHARES INC call Add +33.7% 3,847,900 $473.3M
ISHARES INC put Add +127.0% 3,611,100 $444.2M
MICROSOFT CORP put Add +45.9% 1,129,600 $418.1M
MICROSOFT CORP call Reduce -9.6% 837,900 $310.2M
MICRON TECHNOLOGY INC put Reduce -10.9% 774,600 $261.7M
NVIDIA CORPORATION put Add +99.0% 1,235,300 $215.4M
TESLA INC put Add +237.9% 572,700 $212.9M
INTEL CORP put Add +3.6% 4,673,600 $206.2M
TESLA INC call Add +227.1% 544,000 $202.2M
TAIWAN SEMICONDUCTOR MANUFAC put Reduce -1.6% 568,100 $192.0M
NVIDIA CORPORATION call Add +713.7% 1,052,100 $183.5M
BROADCOM INC put Add +43.5% 583,700 $180.7M
VANECK ETF TRUST put Add +1.1% 1,785,100 $163.8M
ADVANCED MICRO DEVICES INC put Reduce -12.2% 771,800 $157.0M
ADVANCED MICRO DEVICES INC call Add +61.9% 623,800 $126.9M
AMAZON COM INC put Add +19.8% 598,500 $124.7M
AMAZON COM INC call Add +2.4% 585,300 $121.9M
ALPHABET INC call Add +159.1% 381,700 $109.8M
INTEL CORP call Reduce -10.8% 2,469,100 $109.0M
CATERPILLAR INC call Add +26.7% 147,900 $104.8M
META PLATFORMS INC put Add +68.8% 163,700 $93.7M
BROADCOM INC call Add +154.4% 297,200 $92.0M
MICRON TECHNOLOGY INC call Reduce -27.2% 260,700 $88.1M
TAIWAN SEMICONDUCTOR MANUFAC call Add +26.2% 260,400 $88.0M
CATERPILLAR INC put Reduce -15.0% 123,200 $87.3M
PALANTIR TECHNOLOGIES INC put Add +227.8% 527,800 $77.2M
ALPHABET INC put Add +1.7% 263,700 $75.6M
META PLATFORMS INC call Add +47.1% 131,500 $75.2M
SPDR GOLD TR put New 171,900 $74.0M
NIO INC put Reduce -10.2% 12,027,900 $72.5M
BOEING CO put Reduce -8.0% 319,100 $63.5M
PALANTIR TECHNOLOGIES INC call Add +300.6% 433,000 $63.3M
FREEPORT MCMORAN INC call Add +21.9% 1,047,500 $61.6M
SPDR GOLD TR call New 140,100 $60.3M
VANECK ETF TRUST call Reduce -6.0% 596,100 $54.7M
PETROLEO BRASILEIRO SA PETRO call Add +61.0% 2,575,500 $53.6M
BOEING CO call Add +27.4% 251,800 $50.1M
KRANESHARES TRUST call Add +268.5% 1,757,700 $50.0M
CHEVRON CORPORATION call Add +112.3% 232,200 $48.0M
ISHARES TR put Add +61.3% 1,321,200 $47.4M
PETROLEO BRASILEIRO SA PETRO put Add +36.8% 2,263,100 $47.1M
MARVELL TECHNOLOGY INC put Reduce -21.7% 452,500 $44.8M
SHOPIFY INC call Reduce -7.2% 360,100 $42.7M
VALE S A put Add +23.2% 2,647,800 $42.1M
PDD HOLDINGS INC put Reduce -21.9% 407,500 $41.6M
PDD HOLDINGS INC call Add +30.8% 392,500 $40.1M
EXXON MOBIL CORP call Add +98.0% 235,200 $39.9M
VALE S A call Reduce -45.5% 2,446,700 $38.9M
SHOPIFY INC put Reduce -26.4% 323,100 $38.3M
AIRBNB INC call Reduce -2.1% 300,100 $37.9M

Showing the first 50 of 256.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 87$139.9MSMH, FCX, EWZ, NVDA, MSFT
Q1 2026 77$111.2MEWZ, SPY, FCX, TEVA, PBR
Q4 2025Amended 73$82.8MGDX, PBR, INTC, TSLA, AVGO
Q3 2025 78$97.9MMSFT, META, UAL, GOOG, AVGO
Q2 2025 73$88.0MTSLA, MSFT, C, TEVA, EWZ
Q1 2025 83$87.7MPBR, MSFT, NIO, FCX, C
Q4 2024 73$168.7MMSFT, TEVA, FUTU, IBIT, MU
Q3 2024 87$108.1MNEM, TEVA, FUTU, BILI, ASML
Q2 2024 78$136.1MWFC, TEVA, PBR, C, AAPL
Q1 2024 76$137.9MC, WFC, PBR, VALE, F