Capula Management Ltd

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 14, 2025), Capula Management Ltd reported 374 stock positions worth $13.5 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 63.8% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 9.0%) and Nvidia (NVDA, 4.4%). Compared with Q4 2024, it opened 221 new positions, sold out of 87, added to 97 and reduced 54. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −88%).

Most Recent 13F
Q2 2026
Location
Grand Cayman, E9
CIK
0001557017
Portfolio Value
$13.5B (Q1 2025)
SEC Filing
0001172661-25-001855 ↗ filed May 14, 2025

Holdings Value

0$5.0B$10.0B$15.0B$20.0B$25.0B Q1 2024: $3.0B Q1 2024 Q2 2024: $8.9B Q2 2024 Q3 2024: $8.0B Q3 2024 Q4 2024: $14.6B Q4 2024 Q1 2025: $13.5B $13.5B Q1 2025 Q2 2025: $8.1B Q2 2025 Q3 2025: $13.4B Q3 2025 Q4 2025: $15.4B Q4 2025 Q1 2026: $11.4B Q1 2026 Q2 2026: $22.6B Q2 2026

Holdings 374 stocks · $13.5B

IVV iShares Core S&P 500 ETF 63.83% 15,379,127 $8.6B New
SPY SS SPDR S&P 500 ETF Trust-US 8.98% 2,174,279 $1.2B Reduce -88.0%
NVDA Nvidia Corp. 4.41% 5,503,990 $596.5M Reduce -32.7%
MSTR Strategy Inc. filed as MICROSTRATEGY INC 2.77% 1,300,000 $374.8M Add +372.7%
IBIT iShares Bitcoin Trust ETF 2.68% 7,742,160 $362.4M Reduce -16.5%
FBTC Fidelity Wise Origin Bitcoin 2.29% 4,299,112 $309.4M Reduce -21.1%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 300,000 $159.8M New
UBER Uber Technologies Inc. 1.10% 2,052,204 $149.5M Add +17559.4%
VOO Vanguard S&P 500 ETF 0.89% 235,000 $120.8M New
AMD Advanced Micro Devices 0.87% 1,149,918 $118.1M Add +3.7%
BA The Boeing Co. 0.85% 670,843 $114.4M Add +41233.5%
TMUS T-Mobile US Inc. 0.79% 400,502 $106.8M New
XOM Exxon Mobil Corp. 0.71% 803,700 $95.6M Add +15696.0%
AMGN Amgen Inc. 0.69% 300,557 $93.6M Add +131723.3%
COST Costco Wholesale Corp. 0.67% 96,417 $91.2M Add +22064.8%
DELL Dell Technologies -C 0.67% 1,000,000 $91.2M Reduce -20.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.50% 270,858 $67.4M Reduce -9.9%
ARM Arm Holdings PLC-ADR 0.43% 544,813 $58.2M New
IEI iShares 3-7 Year Treasury Bo 0.30% 340,510 $40.2M New
NKE Nike Inc. Class B 0.28% 602,015 $38.2M New
W Wayfair Inc. Class A 0.27% 1,150,000 $36.8M New
FETH Fidelity Ethereum Fund 0.22% 1,668,146 $30.4M New
SMH Vaneck Semiconductor ETF 0.20% 128,713 $27.2M New
ETHA iShares Ethereum Trust ETF 0.18% 1,812,292 $25.0M New
XYZ Block Inc. 0.18% 450,000 $24.4M Add +7367.6%
ASX Ase Technology Holding -ADR 0.16% 2,530,720 $22.2M Add +15.2%
NEE Nextera Energy Inc. 0.16% 302,547 $21.4M Add +40951.2%
HDB HDFC Bank Ltd.-ADR 0.15% 301,105 $20.0M Reduce -21.0%
CRWD CrowdStrike Holdings Inc. Class A 0.14% 54,469 $19.2M Reduce -91.5%
QQQ Invesco QQQ Trust Series 1 0.14% 39,676 $18.6M Add +436.1%
DKNG Draftkings Inc. Class A 0.13% 544,230 $18.1M New
TLT iShares 20+ Year Treasury BD 0.11% 169,403 $15.4M Reduce -96.8%
DESP Despegar.com Corp. 0.11% 800,000 $15.0M New
FYBR Frontier Communications Pare 0.11% 418,000 $15.0M Add +868.0%
AVGO Broadcom Inc. 0.11% 88,891 $14.9M Add +4529.7%
BIDU Baidu Inc. - Spon ADR 0.08% 121,000 $11.1M Reduce -51.6%
ASHR Xtrackers Harvest Csi 300 CH 0.07% 373,421 $9.9M New
ATSG Air Transport Services Group 0.07% 400,000 $9.0M Reduce -17.2%
NWSA News Corp. Class A 0.06% 308,446 $8.4M Add +8.7%
META Meta Platforms Inc. Class A 0.06% 13,638 $7.9M Add +990.2%
GOOGL Alphabet Inc. Class A 0.05% 45,415 $7.0M Reduce -89.8%
CRH CRH PLC 0.05% 78,937 $6.9M Add +103.4%
PLYA Playa Hotels & Resorts NV 0.05% 512,193 $6.8M New
ARES Ares Management Corp. Class A 0.05% 46,331 $6.8M New
BECN Beacon Roofing Supply Inc. 0.05% 54,900 $6.8M New
GDX Vaneck Gold Miners ETF 0.05% 146,880 $6.8M New
CVX Chevron Corp. 0.05% 40,021 $6.7M Reduce -93.3%
INDA iShares MSCI India ETF 0.05% 129,463 $6.7M Add +111.9%
MSFT Microsoft Corp. 0.05% 17,272 $6.5M Reduce -91.0%
TRI Thomson Reuters Corp. 0.05% 35,485 $6.1M New
BERY Berry Global Group Inc. 0.04% 86,129 $6.0M New
LNG Cheniere Energy Inc. 0.04% 25,966 $6.0M Add +1572.0%
UHAL.B U-Haul Holding Co.-Non Voting 0.04% 98,261 $5.8M Add +61.6%
BAM Brookfield Asset Mgmt-A 0.04% 119,710 $5.8M New
SHOP Shopify Inc. Class A 0.04% 58,829 $5.6M Add +1423.7%
APP AppLovin Corp. Class A 0.04% 21,144 $5.6M Add +353.0%
K Kellanova 0.04% 66,405 $5.5M Reduce -67.5%
MCHI iShares MSCI China ETF 0.04% 99,400 $5.4M No change
COIN Coinbase Global Inc. Class A 0.04% 29,691 $5.1M Add +602.3%
XLP SS Consumer Staples Sel Sect 0.04% 62,386 $5.1M New
AAPL Apple Inc. 0.04% 22,677 $5.0M Reduce -90.3%
DNB Dun & Bradstreet Holdings Inc. 0.04% 560,799 $5.0M New
FXI iShares China Large-Cap ETF 0.03% 123,411 $4.4M New
IWM iShares Russell 2000 ETF 0.03% 20,000 $4.0M New
CUK Carnival PLC-ADR 0.03% 226,388 $4.0M New
LGF.B Lions Gate Entertainment-B 0.03% 490,540 $3.9M Reduce -36.5%
AMZN Amazon.com Inc. 0.03% 20,065 $3.8M Add +417.9%
RYAAY Ryanair Holdings PLC-SP ADR 0.03% 85,315 $3.6M New
TSLA Tesla Inc. 0.03% 13,921 $3.6M Add +529.1%
AUB Atlantic Union Bankshares Co. 0.03% 109,908 $3.4M New
LBRDK Liberty Broadband-C 0.02% 38,990 $3.3M Add +141.0%
EEM iShares MSCI Emerging Market 0.02% 75,658 $3.3M New
DDOG Datadog Inc. Class A 0.02% 32,980 $3.3M Add +264.8%
FLUT Flutter Entertainment PLC-Di 0.02% 13,893 $3.1M New
CWST Casella Waste Systems Inc. Class A 0.02% 27,078 $3.0M New
ITCI Intra-Cellular Therapies Inc. 0.02% 22,800 $3.0M New
ADBE Adobe Inc. 0.02% 7,710 $3.0M Add +120.3%
IEF iShares 7-10 Year Treasury B 0.02% 30,000 $2.9M No change
COPX Global X Copper Miners ETF 0.02% 73,129 $2.9M New
HEES H&E Equipment Services Inc. 0.02% 30,000 $2.8M New
LEN Lennar Corp. Class A 0.02% 24,775 $2.8M Add +1.7%
RPRX Royalty Pharma PLC Class A 0.02% 89,350 $2.8M New
PEGA Pegasystems Inc. 0.02% 39,672 $2.8M New
ASML ASML Holding NV-NY Reg SHS 0.02% 4,111 $2.7M New
GLD SPDR Gold Shares 0.02% 9,387 $2.7M New
OKTA Okta Inc. 0.02% 25,698 $2.7M New
BABA Alibaba Group Holding-SP ADR 0.02% 19,316 $2.6M Add +42.0%
ORCL Oracle Corp. 0.02% 17,354 $2.4M Add +537.1%
AGS Playags Inc. 0.02% 191,834 $2.3M Add +48.1%
PYPL PayPal Holdings Inc. 0.02% 34,957 $2.3M Add +672.9%
BIO Bio-Rad Laboratories-A 0.02% 9,106 $2.2M New
SIL Global X Silver Miners ETF 0.02% 54,490 $2.1M Add +127.6%
PFE Pfizer Inc. 0.02% 80,721 $2.0M Add +517.6%
GREK Global X MSCI Greece ETF 0.01% 41,640 $2.0M New
HOOD Robinhood Markets Inc. Class A 0.01% 46,621 $1.9M New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.01% 27,948 $1.8M Add +492.6%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.01% 33,700 $1.8M New
IBKR Interactive Brokers Gro Class A 0.01% 11,100 $1.8M New
LBRDA Liberty Broadband-A 0.01% 21,345 $1.8M Reduce -0.3%
KWEB Kranesh Csi China Internet 0.01% 46,296 $1.6M New
BATRK Atlanta Braves Holdings in-C 0.01% 39,603 $1.6M New
INTC Intel Corp. 0.01% 68,468 $1.6M Add +132.1%
PDD PDD Holdings Inc. 0.01% 12,841 $1.5M Add +194.4%
EQC Equity Commonwealth 0.01% 940,360 $1.5M New
MU Micron Technology Inc. 0.01% 16,938 $1.5M New
BRDG Bridge Investment Grp HDS-A 0.01% 148,887 $1.4M New
FWONA Liberty Media Corp. Class A 0.01% 15,613 $1.3M New
OIH Vaneck Oil Services ETF 0.01% 4,719 $1.2M New
AMAT Applied Materials Inc. 0.01% 8,217 $1.2M Add +194.4%
CRM Salesforce Inc. 0.01% 4,333 $1.2M Add +49.8%
QCOM Qualcomm Inc. 0.01% 6,972 $1.1M Add +513.7%
CNA Cna Financial Corp. 0.01% 19,906 $1.0M New
TSM Taiwan Semiconductor-SP ADR 0.01% 5,964 $990K New
INFY Infosys Ltd.-SP ADR 0.01% 53,293 $973K New
IBN Icici Bank Ltd.-Spon ADR 0.01% 29,481 $929K Reduce -20.8%
NOW ServiceNow Inc. 0.01% 1,162 $925K Add +1176.9%
MRVL Marvell Technology Inc. 0.01% 14,670 $903K Add +377.9%
RNST Renasant Corp. 0.01% 26,596 $902K New
CDE Coeur Mining Inc. 0.01% 151,871 $899K Add +221.1%
AGIO Agios Pharmaceuticals Inc. 0.01% 29,749 $872K Add +42.7%
NFLX Netflix Inc. 0.01% 919 $857K Add +178.5%
ANET Arista Networks Inc. 0.01% 10,582 $820K Add +271.9%
GAP The Gap Inc. 0.01% 39,265 $809K New
EVRI Everi Holdings Inc. 0.01% 55,000 $752K New
JPM JPMorgan Chase & Co. 0.01% 3,049 $748K Add +230.0%
ON On Semiconductor 0.01% 17,930 $730K Add +52.4%
LLY Eli Lilly & Co. 0.01% 873 $721K Add +107.9%
ADI Analog Devices Inc. 0.01% 3,380 $682K Add +4.8%
OKE Oneok Inc. 0.01% 6,855 $680K New
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.00% 15,244 $636K Add +377.7%
SNOW Snowflake Inc. 0.00% 4,293 $627K Reduce -33.3%
UNH Unitedhealth Group Inc. 0.00% 1,030 $539K Add +27.2%
WMT Walmart Inc. 0.00% 6,138 $539K Add +6.5%
V Visa Inc. Class A 0.00% 1,465 $513K Add +198.4%
ARGX Argenx SE - ADR 0.00% 822 $487K Reduce -74.1%
BKNG Booking Holdings Inc. 0.00% 100 $461K Add +300.0%
JNJ Johnson & Johnson 0.00% 2,714 $450K Reduce -21.7%
HD Home Depot Inc. 0.00% 1,185 $434K Add +117.0%
TXN Texas Instruments Inc. 0.00% 2,408 $433K Add +72.5%
PG The Procter & Gamble Co. 0.00% 2,531 $431K Add +25.3%
XLV SS Health Care Select Sector 0.00% 2,940 $429K New
T AT&T Inc. 0.00% 14,390 $407K New
DASH DoorDash Inc. Class A 0.00% 2,224 $406K New
QXO Qxo Inc. 0.00% 28,215 $382K New
ARQT Arcutis Biotherapeutics Inc. 0.00% 24,378 $381K Reduce -20.8%
MA Mastercard Inc. Class A 0.00% 694 $380K Add +165.9%
GT Goodyear Tire & Rubber Co. 0.00% 40,494 $374K Add +10.5%
PTGX Protagonist Therapeutics Inc. 0.00% 7,684 $372K New
ABBV Abbvie Inc. 0.00% 1,761 $369K Add +238.0%
FRHC Freedom Holding Corp. 0.00% 2,791 $369K New
TRV The Travelers Cos Inc. 0.00% 1,394 $369K New
LRCX Lam Research Corp. 0.00% 5,070 $369K Add +107.1%
AES AES Corp. 0.00% 28,751 $357K New
AMLP Alerian MLP ETF 0.00% 6,800 $353K New
YOU Clear Secure Inc. Class A 0.00% 13,379 $347K New
CVI CVR Energy Inc. 0.00% 17,846 $346K New
MRK Merck & Co. Inc. 0.00% 3,781 $339K Add +410.3%
EOG EOG Resources Inc. 0.00% 2,624 $337K New
MCY Mercury General Corp. 0.00% 5,933 $332K Add +36.4%
TLN Talen Energy Corp. 0.00% 1,635 $326K New
CINF Cincinnati Financial Corp. 0.00% 2,193 $324K New
TMO Thermo Fisher Scientific Inc. 0.00% 646 $321K Add +594.6%
WING Wingstop Inc. 0.00% 1,418 $320K New
MAT Mattel Inc. 0.00% 16,456 $320K Reduce -24.6%
EVCM Evercommerce Inc. 0.00% 31,664 $319K New
IBRX Immunitybio Inc. 0.00% 104,380 $314K Add +73.7%
ISRG Intuitive Surgical Inc. 0.00% 634 $314K Add +5.7%
UGI Ugi Corp. 0.00% 9,486 $314K New
WFC Wells Fargo & Co. 0.00% 4,368 $314K Add +187.8%
GIII G-III Apparel Group Ltd. 0.00% 11,458 $313K Add +34.3%
IONS Ionis Pharmaceuticals Inc. 0.00% 10,382 $313K New
ARI Apollo Commercial Real Estat 0.00% 32,725 $313K New
AVAH Aveanna Healthcare Holdings 0.00% 57,766 $313K New
ANDE The Andersons Inc. 0.00% 7,293 $313K New
NCLH Norwegian Cruise Line Holdin 0.00% 16,462 $312K New
WYNN WYNN Resorts Ltd. 0.00% 3,689 $308K New
PBI Pitney Bowes Inc. 0.00% 34,034 $308K Reduce -13.3%
CENTA Central Garden and Pet Co. Class A 0.00% 9,384 $307K Reduce -87.8%
HTH Hilltop Holdings Inc. 0.00% 9,979 $304K New
VAL Valaris Ltd. 0.00% 7,733 $304K New
AHCO Adapthealth Corp. 0.00% 27,965 $303K New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.00% 4,233 $303K New
OPK Opko Health Inc. 0.00% 182,512 $303K New
LXP LXP Industrial Trust 0.00% 34,799 $301K Add +186.5%
PTCT PTC Therapeutics Inc. 0.00% 5,882 $300K New
SWI Solarwinds Corp. 0.00% 16,252 $300K New
DNOW Dnow Inc. 0.00% 17,527 $299K New
NEM Newmont Corp. 0.00% 6,188 $299K New
MCD McDonald's Corp. 0.00% 955 $298K Reduce -24.4%
VC Visteon Corp. 0.00% 3,832 $297K New
BHF Brighthouse Financial Inc. 0.00% 5,083 $295K New
ACAD Acadia Pharmaceuticals Inc. 0.00% 17,670 $293K New
ALKS Alkermes PLC 0.00% 8,874 $293K New
CALY Callaway Golf Company filed as TOPGOLF CALLAWAY BRANDS CORP 0.00% 44,404 $293K New
CSGS CSG Systems Intl Inc. 0.00% 4,828 $292K New
STRL Sterling Infrastructure Inc. 0.00% 2,567 $291K New
LAUR Laureate Education Inc. 0.00% 14,195 $290K Reduce -18.0%
SIRI Sirius XM Holdings Inc. 0.00% 12,869 $290K Add +14.1%
CAT Caterpillar Inc. 0.00% 873 $288K Add +361.9%
FUBO Fubotv Inc. 0.00% 98,192 $287K New
RITM Rithm Capital Corp. 0.00% 24,973 $286K Reduce -13.0%
M Macy's Inc. 0.00% 22,508 $283K New
WBA Walgreens Boots Alliance Inc. 0.00% 25,296 $283K New
CHWY Chewy Inc. Class A 0.00% 8,670 $282K New
CRI Carter's Inc. 0.00% 6,817 $279K New
ROIV Roivant Sciences Ltd. 0.00% 27,574 $278K New
BLFS Biolife Solutions Inc. 0.00% 12,138 $277K New
MBIN Merchants Bancorp 0.00% 7,480 $277K New
LCID Lucid Group Inc. 0.00% 113,985 $276K New
GS Goldman Sachs Group Inc. 0.00% 502 $274K Add +295.3%
DK Delek US Holdings Inc. 0.00% 18,139 $273K Add +4.6%
RIVN Rivian Automotive Inc. Class A 0.00% 21,862 $272K New
DFH Dream Finders Homes Inc. Class A 0.00% 12,019 $271K New
BELFB Bel Fuse Inc. Class B 0.00% 3,621 $271K New
UTI Universal Technical Institut 0.00% 10,472 $269K New
PAX Patria Investments Ltd. Class A 0.00% 23,817 $269K New
BRSL Brightstar Lottery PLC filed as INTERNATIONAL GAME TECHNOLOG 0.00% 16,507 $268K New
EAT Brinker International Inc. 0.00% 1,789 $267K New
KSS Kohls Corp. 0.00% 32,521 $266K New
VIK Viking Holdings Ltd. 0.00% 6,675 $265K New
CRSR Corsair Gaming Inc. 0.00% 29,937 $265K New
SLV iShares Silver Trust 0.00% 8,509 $264K New
IOT Samsara Inc. Class A 0.00% 6,868 $263K New
SPRY Ars Pharmaceuticals Inc. 0.00% 20,791 $262K New
MS Morgan Stanley 0.00% 2,232 $260K Add +256.0%
PHM Pultegroup Inc. 0.00% 2,516 $259K New
DFS Discover Financial Services 0.00% 1,513 $258K New
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.00% 2,605 $257K New
NGVT Ingevity Corp. 0.00% 6,494 $257K New
VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 0.00% 48,212 $256K New
ACN Accenture PLC Class A 0.00% 816 $255K Add +118.2%
RIO Rio Tinto PLC-Spon ADR 0.00% 4,227 $254K Reduce -47.0%
GBX Greenbrier Companies Inc. 0.00% 4,930 $253K Reduce -14.8%
ACMR Acm Research Inc. Class A 0.00% 10,744 $251K Reduce -25.6%
KO The Coca-Cola Co. 0.00% 3,500 $251K Add +162.2%
MD Pediatrix Medical Group Inc. 0.00% 17,272 $250K New
ECHO Echostar Corp. Class A 0.00% 9,775 $250K New
NTCT Netscout Systems Inc. 0.00% 11,866 $249K New
QAT iShares MSCI Qatar ETF 0.00% 13,904 $248K New
KD Kyndryl Holdings Inc. 0.00% 7,837 $246K New
FCX Freeport-McMoran Inc. 0.00% 6,439 $244K Reduce -36.8%
DHR Danaher Corp. 0.00% 1,189 $244K Add +333.9%
CMCSA Comcast Corp. Class A 0.00% 6,600 $244K Add +36.4%
AXP American Express Co. 0.00% 904 $243K Add +23.3%
DAN Dana Inc. 0.00% 18,224 $243K New
PK Park Hotels & Resorts Inc. 0.00% 22,729 $243K Add +1.7%
CBL CBL & Associates Properties 0.00% 9,010 $239K New
CSCO Cisco Systems Inc. 0.00% 3,868 $239K Add +217.8%
JBLU Jetblue Airways Corp. 0.00% 49,504 $239K Add +1.0%
PTLO Portillo's Inc. Class A 0.00% 19,958 $237K New
LIN Linde PLC 0.00% 498 $232K Add +122.3%
LUMN Lumen Technologies Inc. 0.00% 59,024 $231K New
DDS Dillards Inc. Class A 0.00% 646 $231K New
PEP Pepsico Inc. 0.00% 1,541 $231K Add +53.8%
RCUS Arcus Biosciences Inc. 0.00% 29,053 $228K New
LEU Centrus Energy Corp. Class A 0.00% 3,638 $226K New
DXC DXC Technology Co. 0.00% 13,158 $224K New
HON Honeywell International Inc. 0.00% 1,052 $223K Add +201.4%
SBUX Starbucks Corp. 0.00% 2,249 $221K Reduce -32.0%
SHAK Shake Shack Inc. Class A 0.00% 2,454 $216K New
GE General Electric filed as GE AEROSPACE 0.00% 1,080 $216K Reduce -57.9%
WVE Wave Life Sciences Ltd. 0.00% 26,486 $214K New
EMBC Embecta Corp. 0.00% 16,779 $214K New
PH Parker Hannifin Corp. 0.00% 351 $213K New
SG Sweetgreen Inc. Class A 0.00% 8,473 $212K New
SONO Sonos Inc. 0.00% 19,839 $212K New
XNCR Xencor Inc. 0.00% 19,856 $211K Add +51.3%
RCKT Rocket Pharmaceuticals Inc. 0.00% 31,654 $211K New
ABT Abbott Laboratories 0.00% 1,580 $210K Add +225.8%
VIR Vir Biotechnology Inc. 0.00% 32,334 $210K New
BLK BlackRock Inc. 0.00% 215 $203K Add +77.7%
NRDS Nerdwallet Inc. Class A 0.00% 21,284 $193K New
CLSK Cleanspark Inc. 0.00% 28,662 $193K New
PM Philip Morris International 0.00% 1,203 $191K Add +60.2%
C Citigroup Inc. 0.00% 2,673 $190K New
AAL American Airlines Group Inc. 0.00% 17,697 $187K Reduce -24.0%
PLTR Palantir Technologies Inc. Class A 0.00% 2,197 $185K New
RTX RTX Corp. 0.00% 1,387 $184K Reduce -24.9%
VZ Verizon Communications Inc. 0.00% 4,018 $182K Reduce -68.8%
INTU Intuit Inc. 0.00% 296 $182K Add +1.7%
VFC VF Corp. 0.00% 11,645 $181K Reduce -33.3%
ETN Eaton Corp. PLC 0.00% 663 $180K Add +104.6%
KLAC KLA Corp. 0.00% 262 $178K Reduce -49.6%
LOW Lowe's Cos Inc. 0.00% 734 $171K Add +123.1%
STLA Stellantis NV 0.00% 15,949 $166K Reduce -12.6%
CMRX Chimerix Inc. 0.00% 19,059 $162K New
PGR Progressive Corp. 0.00% 566 $160K Add +132.0%
SPGI S&P Global Inc. 0.00% 312 $159K Reduce -29.7%
GEV GE Vernova Inc. 0.00% 509 $155K New
BX Blackstone Inc. 0.00% 1,094 $153K New
UNP Union Pacific Corp. 0.00% 634 $150K New
COP Conocophillips 0.00% 1,417 $149K Add +96.8%
B Barrick Gold Corp. 0.00% 7,575 $147K Reduce -71.3%
LMT Lockheed Martin Corp. 0.00% 317 $142K New
ELV Elevance Health Inc. 0.00% 324 $141K New
BMY Bristol-Myers Squibb Co. 0.00% 2,309 $141K New
PANW Palo Alto Networks Inc. 0.00% 819 $140K New
ULCC Frontier Group Holdings Inc. 0.00% 31,858 $138K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.00% 1,100 $134K Reduce -44.1%
VRTX Vertex Pharmaceuticals Inc. 0.00% 273 $132K New
SYK Stryker Corp. 0.00% 350 $130K New
BSX Boston Scientific Corp. 0.00% 1,243 $125K New
NET Cloudflare Inc. Class A 0.00% 1,109 $125K Add +68.3%
MRSH Marsh & McLennan Cos 0.00% 508 $124K New
DE Deere & Co. 0.00% 262 $123K New
CB Chubb Ltd. 0.00% 406 $123K New
REGN Regeneron Pharmaceuticals 0.00% 191 $121K New
FISV Fiserv Inc. 0.00% 543 $120K New
ARVN Arvinas Inc. 0.00% 16,830 $118K Add +56.4%
MDT Medtronic PLC 0.00% 1,302 $117K New
GILD Gilead Sciences Inc. 0.00% 1,044 $117K New
DUK Duke Energy Corp. 0.00% 954 $116K New
UPS United Parcel Service Class B 0.00% 1,057 $116K New
SO The Southern Co. 0.00% 1,241 $114K Reduce -79.6%
MO Altria Group Inc. 0.00% 1,887 $113K New
CME Cme Group Inc. 0.00% 416 $110K New
SCHW Schwab (charles) Corp. 0.00% 1,395 $109K New
HUM Humana Inc. 0.00% 408 $108K New
CVS CVS Health Corp. 0.00% 1,574 $107K New
MDLZ Mondelez International Inc. Class A 0.00% 1,565 $106K New
KKR KKR & Co. Inc. 0.00% 896 $104K New
ADP Automatic Data Processing 0.00% 328 $100K New
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.00% 2,370 $99K Reduce -93.7%
PLD Prologis Inc. 0.00% 884 $99K New
NOC Northrop Grumman Corp. 0.00% 188 $96K New
EQIX Equinix Inc. 0.00% 118 $96K New
CL Colgate-Palmolive Co. 0.00% 1,024 $96K Reduce -75.1%
ORLY O'reilly Automotive Inc. 0.00% 63 $90K New
ICE Intercontinental Exchange Inc. 0.00% 501 $86K New
WM Waste Management Inc. 0.00% 363 $84K Reduce -78.0%
CDNS Cadence Design SYS Inc. 0.00% 328 $83K New
SHW The Sherwin-Williams Co. 0.00% 238 $83K New
TGT Target Corp. 0.00% 784 $82K Reduce -99.8%
CMG Chipotle Mexican Grill Inc. 0.00% 1,621 $81K New
TT Trane Technologies PLC 0.00% 241 $81K New
SNPS Synopsys Inc. 0.00% 188 $81K New
AMT American Tower Corp. 0.00% 370 $81K New
PNC PNC Financial Services Group 0.00% 442 $78K New
GM General Motors Co. 0.00% 1,592 $75K Reduce -71.3%
APO Apollo Global Management Inc. 0.00% 528 $72K Reduce -90.9%
USB US Bancorp 0.00% 1,709 $72K New
CEG Constellation Energy 0.00% 355 $72K New
COF Capital One Financial Corp. 0.00% 397 $71K New
MAR Marriott International Class A 0.00% 295 $70K Reduce -99.9%
HLT Hilton Worldwide Holdings Inc. 0.00% 304 $69K New
APD Air Products & Chemicals Inc. 0.00% 234 $69K New
GD General Dynamics Corp. 0.00% 247 $67K New
MMM 3M Co. 0.00% 455 $67K Reduce -80.2%
ITW Illinois Tool Works 0.00% 269 $67K New
EMR Emerson Electric Co. 0.00% 603 $66K New
ATYR Atyr Pharma Inc. 0.00% 21,126 $64K New
CLOV Clover Health Investments Co. 0.00% 17,381 $62K New
FDX FedEx Corp. 0.00% 230 $56K New
UAMY United States Antimony Corp. 0.00% 22,189 $49K New
CRVS Corvus Pharmaceuticals Inc. 0.00% 14,793 $47K New
STIM Neuronetics Inc. 0.00% 11,829 $44K New
BFLY Butterfly Network Inc. 0.00% 18,939 $43K New
PLX Protalix Biotherapeutics Inc. 0.00% 15,690 $40K New
AMLX Amylyx Pharmaceuticals Inc. 0.00% 10,980 $39K New
DOUG Douglas Elliman Inc. 0.00% 20,215 $35K New
ELDN Eledon Pharmaceuticals Inc. 0.00% 10,170 $34K New
BRBS Blue Ridge Bankshares Inc. 0.00% 10,229 $33K New
EXFY Expensify Inc. Class A 0.00% 10,475 $32K New
MELI MercadoLibre Inc. 0.00% 14 $27K Reduce -93.6%
LDI Loandepot Inc. Class A 0.00% 22,935 $27K New
ORIGIN MATERIALS INC 0.00% 40,098 $27K New
GEVO Gevo Inc. 0.00% 21,995 $26K New
ACRS Aclaris Therapeutics Inc. 0.00% 15,593 $24K New
KOPN Kopin Corp. 0.00% 22,727 $21K New
PLUG Plug Power Inc. 0.00% 13,284 $18K New
ILLR Triller Group Inc. 0.00% 20,661 $16K New
SGMOQ Sangamo Therapeutics Inc. 0.00% 15,690 $10K New
SNAP Snap Inc. Class A 0.00% 868 $8K New
RH RH 0.00% 32 $8K New

Options reported separately and not counted above: NVDA puts ($635.2M), MSTR puts ($374.8M), QQQ calls ($177.2M), QQQ puts ($168.7M), BRK.B puts ($159.8M), HYG puts ($157.8M), SPY calls ($150.8M), UBER puts ($149.9M), AMD puts ($122.9M), BA puts ($114.7M), TMUS puts ($106.9M), EEM calls ($102.7M), and 292 more.

Portfolio Sells Q4 2024 → Q1 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -88.0% 8.98% −63.61
NVDA Nvidia Corp. Reduce -32.7% 4.41% −3.10
TLT iShares 20+ Year Treasury BD Reduce -96.8% 0.11% −3.00
CRWD CrowdStrike Holdings Inc. Class A Reduce -91.5% 0.14% −1.37
FBTC Fidelity Wise Origin Bitcoin Reduce -21.1% 2.29% −0.76
IBIT iShares Bitcoin Trust ETF Reduce -16.5% 2.68% −0.69
GOOG Alphabet Inc. Class C Sold out 0.00% −0.57
MAR Marriott International Class A Reduce -99.9% 0.00% −0.57
CVX Chevron Corp. Reduce -93.3% 0.05% −0.55
GOOGL Alphabet Inc. Class A Reduce -89.8% 0.05% −0.52
MSFT Microsoft Corp. Reduce -91.0% 0.05% −0.50
AAPL Apple Inc. Reduce -90.3% 0.04% −0.37
TGT Target Corp. Reduce -99.8% 0.00% −0.34
DELL Dell Technologies -C Reduce -20.0% 0.67% −0.31
SMAR Smartsheet Inc. Class A Sold out 0.00% −0.17
XLF SS Financial Select Sector Sold out 0.00% −0.17
SUM Summit Materials Inc. Class A Sold out 0.00% −0.12
ALTM Arcadium Lithium PLC Sold out 0.00% −0.07
K Kellanova Reduce -67.5% 0.04% −0.07
BIDU Baidu Inc. - Spon ADR Reduce -51.6% 0.08% −0.06
ROIC Retail Opportunity Investmen Sold out 0.00% −0.06
HEI.A Heico Corp. Class A Sold out 0.00% −0.04
ZUO Zuora Inc. Class A Sold out 0.00% −0.04
UA Under Armour Inc. Class C Sold out 0.00% −0.04
IP International Paper Co. Sold out 0.00% −0.04
FOXA Fox Corp. Class A Sold out 0.00% −0.03
PBR.A Petroleo Brasil-SP Pref ADR Sold out 0.00% −0.03
CCEP Coca-Cola Europacific Partne Sold out 0.00% −0.02
ZG Zillow Group Inc. Class A Sold out 0.00% −0.02
USAP Universal Stainless & Alloy Sold out 0.00% −0.02
HDB HDFC Bank Ltd.-ADR Reduce -21.0% 0.15% −0.02
FERG Ferguson Enterprises Inc. Sold out 0.00% −0.02
SILV Silvercrest Metals Inc. Sold out 0.00% −0.02
CENTA Central Garden and Pet Co. Class A Reduce -87.8% 0.00% −0.02
LGF.B Lions Gate Entertainment-B Reduce -36.5% 0.03% −0.01
ARGX Argenx SE - ADR Reduce -74.1% 0.00% −0.01
SLB SLB Ltd. Reduce -93.7% 0.00% −0.01
CPNG Coupang Inc. Sold out 0.00% −0.01
WBD Warner Bros Discovery Inc. Sold out 0.00% −0.01
WDAY Workday Inc. Class A Sold out 0.00% −0.01
ATSG Air Transport Services Group Reduce -17.2% 0.07% −0.01
CCRN Cross Country Healthcare Inc. Sold out 0.00% −0.01
APO Apollo Global Management Inc. Reduce -90.9% 0.00% −0.01
BALY Bally's Corp. Sold out 0.00% −0.00
MLCO Melco Resorts & Entert-ADR Sold out 0.00% −0.00
LRN Stride Inc. Sold out 0.00% −0.00
GIS General Mills Inc. Sold out 0.00% −0.00
FTI Technipfmc PLC Sold out 0.00% −0.00
CNO Cno Financial Group Inc. Sold out 0.00% −0.00
PINS Pinterest Inc. Class A Sold out 0.00% −0.00

Portfolio Buys Q4 2024 → Q1 2025

IVV iShares Core S&P 500 ETF New 63.83% +63.83
MSTR Strategy Inc. Add +372.7% 2.77% +2.22
BRK.B Berkshire Hathaway Inc. Class B New 1.18% +1.18
UBER Uber Technologies Inc. Add +17559.4% 1.10% +1.10
VOO Vanguard S&P 500 ETF New 0.89% +0.89
BA The Boeing Co. Add +41233.5% 0.85% +0.84
TMUS T-Mobile US Inc. New 0.79% +0.79
XOM Exxon Mobil Corp. Add +15696.0% 0.71% +0.70
AMGN Amgen Inc. Add +131723.3% 0.69% +0.69
COST Costco Wholesale Corp. Add +22064.8% 0.67% +0.67
ARM Arm Holdings PLC-ADR New 0.43% +0.43
IEI iShares 3-7 Year Treasury Bo New 0.30% +0.30
NKE Nike Inc. Class B New 0.28% +0.28
W Wayfair Inc. Class A New 0.27% +0.27
FETH Fidelity Ethereum Fund New 0.22% +0.22
SMH Vaneck Semiconductor ETF New 0.20% +0.20
ETHA iShares Ethereum Trust ETF New 0.18% +0.18
XYZ Block Inc. Add +7367.6% 0.18% +0.18
NEE Nextera Energy Inc. Add +40951.2% 0.16% +0.16
DKNG Draftkings Inc. Class A New 0.13% +0.13
QQQ Invesco QQQ Trust Series 1 Add +436.1% 0.14% +0.11
DESP Despegar.com Corp. New 0.11% +0.11
AVGO Broadcom Inc. Add +4529.7% 0.11% +0.11
FYBR Frontier Communications Pare Add +868.0% 0.11% +0.10
ASHR Xtrackers Harvest Csi 300 CH New 0.07% +0.07
META Meta Platforms Inc. Class A Add +990.2% 0.06% +0.05
PLYA Playa Hotels & Resorts NV New 0.05% +0.05
ARES Ares Management Corp. Class A New 0.05% +0.05
BECN Beacon Roofing Supply Inc. New 0.05% +0.05
GDX Vaneck Gold Miners ETF New 0.05% +0.05
TRI Thomson Reuters Corp. New 0.05% +0.05
BERY Berry Global Group Inc. New 0.04% +0.04
BAM Brookfield Asset Mgmt-A New 0.04% +0.04
LNG Cheniere Energy Inc. Add +1572.0% 0.04% +0.04
SHOP Shopify Inc. Class A Add +1423.7% 0.04% +0.04
XLP SS Consumer Staples Sel Sect New 0.04% +0.04
DNB Dun & Bradstreet Holdings Inc. New 0.04% +0.04
FXI iShares China Large-Cap ETF New 0.03% +0.03
APP AppLovin Corp. Class A Add +353.0% 0.04% +0.03
COIN Coinbase Global Inc. Class A Add +602.3% 0.04% +0.03
IWM iShares Russell 2000 ETF New 0.03% +0.03
CUK Carnival PLC-ADR New 0.03% +0.03
INDA iShares MSCI India ETF Add +111.9% 0.05% +0.03
RYAAY Ryanair Holdings PLC-SP ADR New 0.03% +0.03
CRH CRH PLC Add +103.4% 0.05% +0.03
AUB Atlantic Union Bankshares Co. New 0.03% +0.03
EEM iShares MSCI Emerging Market New 0.02% +0.02
FLUT Flutter Entertainment PLC-Di New 0.02% +0.02
AMZN Amazon.com Inc. Add +417.9% 0.03% +0.02
CWST Casella Waste Systems Inc. Class A New 0.02% +0.02

Options Activity Q4 2024 → Q1 2025

NVDA Nvidia Corp. put Add +5.5% 5,860,800 $635.2M
MSTR Strategy Inc. put Add +372.7% 1,300,000 $374.8M
LQD Ishr Ibx Usd Invgd CB ETF-Ui put Sold out 2,000,000 $213.7Mbefore exit
XLF SS Financial Select Sector call Sold out 4,310,000 $208.3Mbefore exit
QQQ Invesco QQQ Trust Series 1 call Add +1411.6% 377,900 $177.2M
QQQ Invesco QQQ Trust Series 1 put Add +2298.7% 359,800 $168.7M
BRK.B Berkshire Hathaway Inc. Class B put New 300,000 $159.8M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put New 2,000,000 $157.8M
SPY SS SPDR S&P 500 ETF Trust-US call Add +134.4% 269,600 $150.8M
UBER Uber Technologies Inc. put Add +5006.2% 2,057,800 $149.9M
AMD Advanced Micro Devices put Add +4.3% 1,196,300 $122.9M
BA The Boeing Co. put Add +4705.0% 672,700 $114.7M
TMUS T-Mobile US Inc. put New 400,900 $106.9M
EEM iShares MSCI Emerging Market call Add +291.7% 2,350,000 $102.7M
XOM Exxon Mobil Corp. put Add +2869.3% 813,600 $96.8M
SMH Vaneck Semiconductor ETF put New 445,000 $94.1M
AMGN Amgen Inc. put Add +43028.6% 301,900 $94.1M
COST Costco Wholesale Corp. put Add +6386.7% 97,300 $92.0M
DELL Dell Technologies -C put Reduce -20.0% 1,000,000 $91.2M
ARM Arm Holdings PLC-ADR put New 678,700 $72.5M
KWEB Kranesh Csi China Internet call Add +333.3% 1,950,000 $68.1M
IBM Intl Business Machines Corp. put Reduce -9.5% 272,500 $67.8M
SPY SS SPDR S&P 500 ETF Trust-US put Add +139.2% 119,600 $66.9M
IWM iShares Russell 2000 ETF put New 300,000 $59.8M
AVGO Broadcom Inc. put Add +2931.3% 348,600 $58.4M
XLF SS Financial Select Sector put Sold out 1,100,000 $53.2Mbefore exit
SMH Vaneck Semiconductor ETF call New 240,000 $50.8M
KRE SS SPDR S&P Regional Bank call Sold out 800,000 $48.3Mbefore exit
NKE Nike Inc. Class B put New 603,000 $38.3M
W Wayfair Inc. Class A put New 1,150,000 $36.8M
CRWD CrowdStrike Holdings Inc. Class A put Reduce -84.5% 100,900 $35.6M
NVDA Nvidia Corp. call Add +2785.0% 326,000 $35.3M
EEM iShares MSCI Emerging Market put Add +60.0% 800,000 $35.0M
SLV iShares Silver Trust call New 1,050,000 $32.5M
GLD SPDR Gold Shares call New 100,000 $28.8M
XYZ Block Inc. put Add +1599.3% 450,300 $24.5M
TSLA Tesla Inc. call New 92,500 $24.0M
TSLA Tesla Inc. put Add +668.4% 87,600 $22.7M
AAPL Apple Inc. put Reduce -63.6% 101,400 $22.5M
NEE Nextera Energy Inc. put Add +12256.0% 308,900 $21.9M
INTC Intel Corp. put Add +848.0% 948,000 $21.5M
INTC Intel Corp. call New 939,400 $21.3M
ASML ASML Holding NV-NY Reg SHS put New 31,800 $21.1M
AVGO Broadcom Inc. call New 113,600 $19.0M
DKNG Draftkings Inc. Class A put New 550,000 $18.3M
QCOM Qualcomm Inc. put Add +3559.4% 117,100 $18.0M
QCOM Qualcomm Inc. call New 114,700 $17.6M
AMAT Applied Materials Inc. put Add +650.3% 120,800 $17.5M
MU Micron Technology Inc. put New 200,900 $17.5M
AMAT Applied Materials Inc. call New 119,900 $17.4M

Showing the first 50 of 317.

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 294$22.6BIVV, SPY, BABA, BA, WDC
Q1 2026 403$11.4BIVV, SPY, CWAN, NVDA, FOLD
Q4 2025 312$15.4BVOO, SPY, IBIT, IVV, BABA
Q3 2025 308$13.4BIVV, SPY, IBIT, MSTR, UNH
Q2 2025 248$8.1BIVV, SPY, IBIT, QQQ, FBTC
Q1 2025 374$13.5BIVV, SPY, NVDA, MSTR, IBIT
Q4 2024 240$14.6BSPY, NVDA, IBIT, TLT, FBTC
Q3 2024 285$8.0BSPY, NVDA, IBIT, VOO, FBTC
Q2 2024 283$8.9BIVV, SPY, NVDA, AMZN, AAPL
Q1 2024 369$3.0BSPY, GOOGL, HYG, AMZN, QQQ