MKP Capital Management, L.L.C. In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 6, 2024), MKP Capital Management, L.L.C. reported 14 stock positions worth $1.2 billion . Its top holding was iShares Core S&P 500 ETF (IVV) at 56.4% of the portfolio, followed by iShares MSCI Acwi ETF (ACWI, 15.7% ) and Alphabet Class A (GOOGL, 14.5% ). Compared with Q1 2024, it opened 13 new positions, sold out of 2 and reduced 1. The biggest buy was a new position in iShares Core S&P 500 ETF (IVV) and the biggest sale iShares MSCI Acwi ETF (ACWI, shares −75% ).
Location New York, NY
CIK 0001534949
Portfolio Value $1.2B (Q2 2024) Holdings 14 stocks · $1.2B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q1 2024 IVV iShares Core S&P 500 ETF 1,209,313 $661.8M New ACWI iShares MSCI Acwi ETF 1,636,500 $183.9M Reduce -74.7% GOOGL Alphabet Inc. Class A 930,000 $170.0M New AMZN Amazon.com Inc. 500,000 $96.6M New EWY iShares MSCI South Korea ETF 261,040 $17.3M New FXI iShares China Large-Cap ETF 530,882 $13.8M New IGV iShares Expanded Tech-Softwa 130,000 $11.3M New CEG Constellation Energy 22,000 $4.4M New VST Vistra Corp. 43,000 $3.7M New IREN Iren Ltd. filed as IRIS ENERGY LTD 278,000 $3.1M New AES AES Corp. 149,000 $2.6M New RIOT Riot Platforms Inc. 191,000 $1.7M New BE Bloom Energy Corp. Class A 131,000 $1.6M New AGX Argan Inc. 12,000 $878K New
Options reported separately and not counted above: KRE puts ($238.1M), PFS puts ($144.9M), XHB puts ($60.6M), RCL puts ($20.4M), BXMT puts ($3.0M), ARI puts ($2.8M), KEY puts ($1.3M), STWD puts ($1.1M), SASR puts ($1.0M), BRSP puts ($398K), FBRT puts ($306K), BANC puts ($280K), and 1 more.
Portfolio Sells Q1 2024 → Q2 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▲ ACWI iShares MSCI Acwi ETF Reduce -74.7% 15.68% −64.66 XLF SS Financial Select Sector Sold out 0.00% −15.74 SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −3.91
Portfolio Buys Q1 2024 → Q2 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q1 2024 % Of Portfolio Change To Portfolio ▼ IVV iShares Core S&P 500 ETF New 56.43% +56.43 GOOGL Alphabet Inc. Class A New 14.49% +14.49 AMZN Amazon.com Inc. New 8.24% +8.24 EWY iShares MSCI South Korea ETF New 1.47% +1.47 FXI iShares China Large-Cap ETF New 1.18% +1.18 IGV iShares Expanded Tech-Softwa New 0.96% +0.96 CEG Constellation Energy New 0.38% +0.38 VST Vistra Corp. New 0.32% +0.32 IREN Iren Ltd. New 0.27% +0.27 AES AES Corp. New 0.22% +0.22 RIOT Riot Platforms Inc. New 0.15% +0.15 BE Bloom Energy Corp. Class A New 0.14% +0.14 AGX Argan Inc. New 0.07% +0.07
Options Activity Q1 2024 → Q2 2024 Security Type Change vs Q1 2024 Underlying Shares Value ▼ KRE SS SPDR S&P Regional Bank put Add +38.6% 4,850,000 $238.1M PFS Provident Financial Services put New 10,100,000 $144.9M XHB SS SPDR S&P Homebldrs ETF put New 600,000 $60.6M RCL Royal Caribbean Cruises Ltd. put New 127,800 $20.4M FXI iShares China Large-Cap ETF put Sold out 250,000 $6.0Mbefore exit BXMT Blackstone Mortgage Tru Class A put New 172,500 $3.0M ARI Apollo Commercial Real Estat put Reduce -43.6% 281,900 $2.8M KEY Keycorp put New 91,500 $1.3M STWD Starwood Property Trust Inc. put New 56,000 $1.1M SASR Sandy Spring Bancorp Inc. put New 41,500 $1.0M BRSP Brightspire Capital Inc. put New 69,800 $398K FBRT Franklin BSP Realty Trust Inc. put New 24,300 $306K BANC Banc of California Inc. put New 21,900 $280K LADR Ladder Capital Corp.-REIT put Reduce -97.8% 11,000 $124K
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 22 $3.6B SPYM, IVV, JPM, RSP, BRK.B Q1 2026 19 $3.0B IVV, SPYM, BRK.B, AAPL, AMZN Q4 2025 22 $2.8B IVV, RSP, EEM, FXI, EWZ Q3 2025 10 $2.5B IVV, AAPL, AMZN, MSFT, FXI Q2 2025 8 $1.9B IVV, AMZN, BAC, HD, BSV Q1 2025 6 $1.6B IVV, XLF, AMZN, AAPL, NVDA Q4 2024 3 $2.0B IVV, ACWI, NVDA Q3 2024 6 $1.1B ACWI, XLF, AMZN, MSFT, GOOGL Q2 2024 14 $1.2B IVV, ACWI, GOOGL, AMZN, EWY Q1 2024 3 $885.6M ACWI, XLF, SPY