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Livermore
Livermore
ZHEN

Capula Management Ltd

SEC CIK
0001557017
Latest filing
Aug 14, 2026

Holdings in Q2 2021

Holdings as of Jun 30, 2021, filed Aug 13, 2021. Long positions only; changes compare share counts with Q1 2021.

Institution overview
Positions
434
+274 vs. Q1 2021
Portfolio value
$549.4M
+$70.0M (+14.6%) vs. Q1 2021
Filed
Aug 13, 2021
SEC
Holdings of Capula Management Ltd in Q2 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
HDHome Depot, Inc.Stock2,489$794.0K0.1%+2,489NewHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR6,564$789.0K0.1%−19,676−75.0%ReducedHistory
SAMBoston Beer Co IncCL A771$787.0K0.1%+771NewHistory
BKNGBooking Holdings Inc.Stock359$785.0K0.1%+359NewHistory
COFCapital One Financial CorpStock5,054$776.0K0.1%+5,054NewHistory
PRUPrudential Financial IncStock7,483$767.0K0.1%+7,483NewHistory
MRKMerck & Co., Inc.Stock9,712$755.0K0.1%+1,263+14.9%AddedHistory
EOGEOG Resources IncStock9,037$741.0K0.1%+9,037NewHistory
ANSSAnsys IncCOM2,021$701.0K0.1%+2,021NewHistory
AAgilent Technologies, Inc.COM4,627$683.0K0.1%+4,627NewHistory
DARDarling Ingredients Inc.COM10,066$679.0K0.1%+10,066NewHistory
OXYOccidental Petroleum CorpStock21,543$674.0K0.1%−5,582−20.6%ReducedHistory
XYZBlock, Inc.CL A2,760$673.0K0.1%+2,760NewHistory
CLColgate Palmolive CoStock8,261$668.0K0.1%+8,261NewHistory
WWayfair Inc.CL A2,117$668.0K0.1%+2,117NewHistory
INTUIntuit Inc.Stock1,363$667.0K0.1%+1,363NewHistory
AIGAmerican International Group, Inc.Stock13,992$666.0K0.1%+13,992NewHistory
ABTAbbott LaboratoriesStock5,700$658.0K0.1%+5,700NewHistory
TERTeradyne, IncStock4,833$647.0K0.1%+4,833NewHistory
MNSTMonster Beverage CorpCOM7,031$642.0K0.1%+7,031NewHistory
SCSSteelcase IncCL A42,670$639.0K0.1%+15,560+57.4%AddedHistory
CIENCiena CorpCOM NEW11,039$628.0K0.1%+11,039NewHistory
TFCTruist Financial CorpCOM11,218$623.0K0.1%+11,218NewHistory
IRBTiRobot CorpCOM6,600$616.0K0.1%+6,600NewHistory
EMREmerson Electric CoStock6,297$606.0K0.1%−6,283−49.9%ReducedHistory
PDDPDD Holdings Inc.SPONSORED ADS4,733$601.0K0.1%+4,733NewHistory
SPGSimon Property Group Inc.REIT4,594$593.0K0.1%+4,594NewHistory
LENLennar CorpCL A5,980$593.0K0.1%+5,980NewHistory
PLDPrologis, Inc.REIT4,948$591.0K0.1%+4,948NewHistory
MSMMSC Industrial Direct Co IncCL A6,598$587.0K0.1%+6,598NewHistory
ANFAbercrombie & Fitch CoCL A12,291$571.0K0.1%+12,291NewHistory
WORKSlack Technologies, Inc.COM CL A12,782$566.0K0.1%+12,782NewHistory
ECLEcolab Inc.Stock2,742$565.0K0.1%+2,742NewHistory
CHWYChewy, Inc.CL A6,988$557.0K0.1%+6,988NewHistory
ROLRollins IncCOM16,282$557.0K0.1%+16,282NewHistory
NSCNorfolk Southern CorpStock2,058$544.0K0.1%+2,058NewHistory
SNPSSynopsys IncCOM1,973$544.0K0.1%−3,897−66.4%ReducedHistory
PLANAnaplan, Inc.COM10,183$543.0K0.1%+10,183NewHistory
OMCOmnicom Group Inc.COM6,645$532.0K0.1%+6,645NewHistory
FISVFiserv IncStock4,949$529.0K0.1%−2,771−35.9%ReducedHistory
WATWaters CorpCOM1,532$529.0K0.1%+1,532NewHistory
HBIHanesbrands Inc.COM28,328$529.0K0.1%+28,328NewHistory
CRUSCirrus Logic, Inc.Stock6,109$520.0K0.1%+6,109NewHistory
LWLamb Weston Holdings, Inc.Stock6,458$519.0K0.1%+6,458NewHistory
UPSUnited Parcel Service IncStock2,492$518.0K0.1%+2,492NewHistory
CICigna GroupStock2,151$510.0K0.1%+1,929+868.9%AddedHistory
XRAYDentsply Sirona Inc.Stock8,028$508.0K0.1%+8,028NewHistory
KEYSKeysight Technologies, Inc.Stock3,281$507.0K0.1%+3,281NewHistory
MPWRMonolithic Power Systems, Inc.COM1,358$507.0K0.1%+1,358NewHistory
SYKStryker CorpStock1,924$500.0K0.1%+1,924NewHistory
INCYIncyte CorpCOM5,877$494.0K0.1%+5,877NewHistory
STMPStamps.com IncCOM NEW2,460$493.0K0.1%+2,460NewHistory
HRLHormel Foods CorpCOM10,115$481.0K0.1%+10,115NewHistory
TWTRTwitter, Inc.COM6,982$481.0K0.1%−2,364−25.3%ReducedHistory
HAEHaemonetics CorpCOM7,140$476.0K0.1%+7,140NewHistory
VMIValmont Industries IncCOM2,012$475.0K0.1%+2,012NewHistory
ETSYEtsy IncCOM2,310$475.0K0.1%−4,382−65.5%ReducedHistory
AVYAvery Dennison CorpCOM2,251$473.0K0.1%+2,251NewHistory
NOWServiceNow, Inc.Stock855$470.0K0.1%+855NewHistory
BIDUBaidu, Inc.ADR2,288$467.0K0.1%+2,288NewHistory
ORAOrmat Technologies, Inc.COM6,714$467.0K0.1%+6,714NewHistory
PZZAPapa Johns International IncStock4,456$465.0K0.1%+4,456NewHistory
IPGInterpublic Group of Companies, Inc.COM14,226$462.0K0.1%+14,226NewHistory
GPIGroup 1 Automotive IncCOM2,968$458.0K0.1%+2,968NewHistory
ONOn Semiconductor CorpStock11,833$453.0K0.1%+8,546+260.0%AddedHistory
MIDDMIDDLEBY CorpCOM2,609$452.0K0.1%+2,609NewHistory
UAAUnder Armour, Inc.Stock21,342$451.0K0.1%+21,342NewHistory
ENREnergizer Holdings, Inc.COM10,470$450.0K0.1%+10,470NewHistory
NARIInari Medical, Inc.Stock4,817$449.0K0.1%+4,817NewHistory
AXPAmerican Express CoStock2,727$449.0K0.1%+2,727NewHistory
BOHBank of Hawaii CorpCOM5,329$449.0K0.1%+5,329NewHistory
ALBAlbemarle CorpStock2,649$446.0K0.1%+2,649NewHistory
BRK.BBerkshire Hathaway IncStock1,576$438.0K0.1%+1,576NewHistory
SCHWSchwab Charles CorpStock6,016$438.0K0.1%+6,016NewHistory
SKYChampion Homes, Inc.Stock8,211$438.0K0.1%+8,211NewHistory
MTCHMatch Group, Inc.COM2,698$435.0K0.1%+2,698NewHistory
ABMDAbiomed IncCOM1,389$434.0K0.1%+1,389NewHistory
CAHCardinal Health IncStock7,520$429.0K0.1%+7,520NewHistory
ZSZscaler, Inc.Stock1,983$428.0K0.1%+1,983NewHistory
SIRISirius XM Holdings Inc.COM65,588$428.0K0.1%+65,588NewHistory
TPRTapestry, Inc.COM9,809$426.0K0.1%+9,809NewHistory
NKENIKE, Inc.Stock2,750$425.0K0.1%−4,430−61.7%ReducedHistory
CSCOCisco Systems, Inc.Stock8,072$425.0K0.1%+4,958+159.2%AddedHistory
ELANElanco Animal Health IncCOM12,245$425.0K0.1%+12,245NewHistory
WDFCWD 40 CoCOM1,660$424.0K0.1%+1,660NewHistory
NSTGNS Wind Down Co., Inc.COM6,546$424.0K0.1%+6,546NewHistory
FASTFastenal CoStock8,088$418.0K0.1%+8,088NewHistory
BRKRBruker CorpCOM5,500$418.0K0.1%+5,500NewHistory
EXCExelon CorpStock9,404$417.0K0.1%+9,404NewHistory
BANDBandwidth Inc.COM CL A3,018$416.0K0.1%+3,018NewHistory
LOWLowes Companies IncStock2,146$415.0K0.1%+2,146NewHistory
STESTERIS plcSHS USD1,997$412.0K0.1%+1,997NewHistory
HUNHuntsman CORPCOM15,507$411.0K0.1%+15,507NewHistory
SSBSouthState Bank CorpCOM5,033$411.0K0.1%+5,033NewHistory
LESLLeslie's, Inc.COM14,872$409.0K0.1%+14,872NewHistory
NYTNew York Times CoCL A9,300$404.0K0.1%+9,300NewHistory
CLNEClean Energy Fuels Corp.COM39,772$404.0K0.1%+39,772NewHistory
AFLAflac IncStock7,511$403.0K0.1%−300−3.8%ReducedHistory
WSMWilliams Sonoma IncCOM2,532$403.0K0.1%+2,532NewHistory
Bancorpsouth BK Tupelo Miss05971J102COM14,106$400.0K0.1%+14,106New–

Options (211)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

The largest 100 of 211 by value.

Option positions of Capula Management Ltd in Q2 2021
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$529.7M$253.5M
AAPLApple Inc.Stock$294.8M$31.5M
AMZNAmazon Com IncStock$300.7M$8.60M
State Street Financial Select Sector SPDR ETF81369Y605ETF$110.1M$115.6M
LMTLockheed Martin CorpStock$22.8M$174.8M
METAMeta Platforms, Inc.Stock$176.0M–
NFLXNetflix IncStock$148.7M$23.0M
JPMJPMorgan Chase & CoStock$138.2M$6.70M
MSFTMicrosoft CorpStock$98.0M$44.7M
AMGNAmgen IncStock$2.66M$136.5M
Invesco QQQ Trust Series I46090E103ETF$26.6M$106.3M
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF$6.69M$105.8M
BABAAlibaba Group Holding LtdADR$85.9M–
IPInternational Paper CoCOM$36.8M$38.6M
MSMorgan StanleyStock$19.4M$54.7M
NVDANVIDIA CorpStock$70.5M–
CVSCVS Health CorpStock$41.4M$18.7M
QCOMQualcomm IncStock$47.9M$12.1M
BACBank of America CorpStock$51.5M$4.74M
iShares Tr464287739U.S. REAL ES ETF$49.5M–
GOOGLAlphabet Inc.Stock$36.1M$11.0M
TDGTransDigm Group INCCOM$45.3M–
EMREmerson Electric CoStock$23.6M$20.2M
iShares Tr464288513IBOXX HI YD ETF$43.7M–
WFCWells Fargo & CompanyStock$26.4M$16.0M
State Street Energy Select Sector SPDR ETF81369Y506ETF$6.73M$35.1M
UNPUnion Pacific CorpStock$22.0M$19.0M
MCDMcDonalds CorpStock$26.7M$14.2M
UNHUnitedHealth Group IncStock$22.7M$17.9M
iShares MSCI Eafe ETF464287465ETF–$39.4M
MMM3M CoStock$24.8M$14.3M
CSXCSX CorpStock$20.5M$18.5M
CSCOCisco Systems, Inc.Stock$19.8M$18.4M
BHCBausch Health Companies Inc.Stock$17.6M$20.5M
NSCNorfolk Southern CorpStock$23.8M$13.7M
XOMExxonMobil Holdings CorpCOM$24.4M$12.8M
LOWLowes Companies IncStock$25.7M$11.3M
IBMInternational Business Machines CorpStock$16.9M$19.6M
AMDAdvanced Micro Devices IncStock$24.3M$11.5M
VVisa Inc.Stock$22.0M$13.3M
CVXChevron CorpStock$20.3M$14.3M
INTCIntel CorpStock$26.1M$7.69M
HONHoneywell International IncCOM$22.5M$10.2M
WMTWalmart Inc.Stock$18.5M$13.6M
TSLATesla, Inc.Stock$13.1M$17.3M
DOVDOVER CorpCOM$13.4M$16.6M
DISWalt Disney CoStock$21.5M$7.91M
NOCNorthrop Grumman CorpStock$23.6M$5.45M
ITWIllinois Tool Works IncStock$20.1M$8.88M
JNJJohnson & JohnsonStock$9.59M$18.9M
HDHome Depot, Inc.Stock$22.6M$4.78M
VZVerizon Communications IncStock$22.4M$4.78M
AVGOBroadcom Inc.Stock$24.3M$2.38M
MUMicron Technology IncStock$18.1M$7.28M
PYPLPayPal Holdings, Inc.Stock$24.1M–
HUMHumana IncStock$15.1M$8.85M
BJBJ's Wholesale Club Holdings, Inc.COM$23.8M–
AMATApplied Materials IncStock$23.3M–
ADBEAdobe Inc.Stock$17.2M$5.86M
iShares Russell 2000 ETF464287655ETF$11.5M$11.5M
LULUlululemon athletica inc.Stock$15.3M$7.30M
DXCMDexcom IncCOM–$21.4M
CVNACarvana Co.CL A–$21.1M
TAT&T Inc.Stock$10.9M$10.0M
TGTTarget CorpStock$13.0M$6.46M
AEOAmerican Eagle Outfitters IncCOM$18.7M–
AXPAmerican Express CoStock$8.04M$9.99M
GSGoldman Sachs Group IncStock$6.87M$10.2M
UPSUnited Parcel Service IncStock$9.36M$7.28M
DOCUDocuSign, Inc.Stock$12.9M$2.80M
METMetlife IncStock$14.6M$593.0K
ETNEaton Corp plcStock$7.41M$7.41M
CNCCentene CorpStock$14.6M–
LESLLeslie's, Inc.COM$11.0M$3.44M
GMGeneral Motors CoCOM$9.42M$4.57M
EBAYeBay IncCOM$12.3M$1.59M
TXNTexas Instruments IncStock$13.4M–
WUWestern Union COStock$7.24M$6.12M
VXXBarclays Bank PLCETF$11.8M$1.40M
CMGChipotle Mexican Grill IncCOM$11.6M$1.55M
ALLAllstate CorpStock$5.24M$7.53M
SWCHSwitch, Inc.CL A–$12.7M
NKENIKE, Inc.Stock$6.29M$6.18M
PNCPNC Financial Services Group, Inc.Stock$11.4M–
CCitigroup IncStock$7.96M$3.43M
DLRDigital Realty Trust, Inc.COM$8.80M$2.51M
SNPSSynopsys IncCOM$1.21M$10.0M
iShares Tr464288281JPMORGAN USD EMG$11.2M–
SBUXStarbucks CorpStock$6.08M$4.53M
DDDuPont de Nemours, Inc.COM$7.66M$2.70M
GDGeneral Dynamics CorpStock$5.61M$4.68M
HESHess CorpStock$5.46M$4.72M
AKAMAkamai Technologies IncCOM$5.26M$4.85M
ALLYAlly Financial Inc.Stock–$9.11M
MRKMerck & Co., Inc.Stock$7.08M$1.94M
CRMSalesforce, Inc.Stock$8.38M$562.0K
CLColgate Palmolive CoStock$1.72M$6.98M
PVHPVH Corp.COM$8.61M–
STZConstellation Brands, Inc.Stock$3.30M$5.26M
COSTCostco Wholesale CorpStock$8.25M–

Sold out since Q1 2021 (64)

Positions held at the end of Q1 2021 that are gone from this filing.

Positions of Capula Management Ltd sold out since Q1 2021
SecurityClassShares in Q1 2021Value in Q1 2021% of portfolio in Q1 2021History
CVNACarvana Co.CL A20,725$5.44M1.1%History
DGDollar General CorpCOM24,905$5.04M1.1%History
REGNRegeneron Pharmaceuticals, Inc.COM9,286$4.39M0.9%History
THOThor Industries IncCOM30,716$4.14M0.9%History
State Street Industrial Select Sector SPDR ETF81369Y704ETF35,620$3.51M0.7%–
TAKTakeda Pharmaceutical Co LtdADR190,742$3.48M0.7%History
iShares Tr464288513IBOXX HI YD ETF37,616$3.27M0.7%–
PLTRPalantir Technologies Inc.Stock101,875$2.37M0.5%History
State Street Energy Select Sector SPDR ETF81369Y506ETF39,528$1.94M0.4%–
USBUS Bancorp DECOM NEW30,907$1.71M0.4%History
MRVLMarvell Technology, Inc.ORD30,000$1.47M0.3%History
STLAStellantis N.V.SHS80,000$1.21M0.3%History
VRTXVertex Pharmaceuticals IncStock5,547$1.19M0.2%History
MPMP Materials Corp.COM CL A32,824$1.18M0.2%History
FCXFreeport-McMoran IncStock30,000$988.0K0.2%History
State Street Utilities Select Sector SPDR ETF81369Y886ETF13,471$863.0K0.2%–
VanEck ETF Trust92189F106GOLD MINERS ETF24,495$796.0K0.2%–
IBMInternational Business Machines CorpStock5,633$751.0K0.2%History
GILDGilead Sciences, Inc.Stock11,576$748.0K0.2%History
AZOAutoZone IncCOM520$730.0K0.2%History
LOGCContextLogic Inc.COM CL A42,408$670.0K0.1%History
MOAltria Group, Inc.Stock12,163$622.0K0.1%History
VRSKVerisk Analytics, Inc.COM3,180$562.0K0.1%History
ICLRIcon PLCCOM2,800$550.0K0.1%History
DHRDanaher CorpStock2,425$546.0K0.1%History
BXBlackstone Inc.COM6,694$499.0K0.1%History
LITELumentum Holdings Inc.COM5,000$457.0K0.1%History
SNOWSnowflake Inc.Stock1,962$450.0K0.1%History
DASHDoorDash, Inc.Stock3,300$433.0K0.1%History
HEHawaiian Electric Industries IncCOM9,222$410.0K0.1%History
XELXcel Energy IncStock6,074$404.0K0.1%History
First Rep BK San Francisco C33616C100COM2,360$394.0K0.1%–
PCGPG&E CorpStock32,871$385.0K0.1%History
Sunpower Corp867652406COM11,385$381.0K0.1%–
AVAAvista CorpCOM7,946$379.0K0.1%History
Enel Americas S A29274F104SPONSORED ADR44,734$379.0K0.1%–
ROCKGibraltar Industries, Inc.COM3,863$354.0K0.1%History
ISRGIntuitive Surgical IncCOM NEW450$333.0K0.1%History
CTASCintas CorpStock939$320.0K0.1%History
IDAIdacorp IncCOM3,042$304.0K0.1%History
DBXDropbox, Inc.CL A8,936$239.0K<0.1%History
RSGRepublic Services, Inc.COM2,408$239.0K<0.1%History
DOWDow Inc.Stock3,660$234.0K<0.1%History
ETEnergy Transfer LPCOM UT LTD PTN30,000$230.0K<0.1%History
WMBWilliams Companies, Inc.COM9,207$218.0K<0.1%History
ACAArcosa, Inc.COM3,289$214.0K<0.1%History
OPENOpendoor Technologies Inc.COM9,625$204.0K<0.1%History
ADPAutomatic Data Processing IncStock1,004$189.0K<0.1%History
BILLBILL Holdings, Inc.Stock903$131.0K<0.1%History
FSRFisker Inc.CL A COM STK6,225$107.0K<0.1%History
CLOVClover Health Investments, Corp.COM CL A12,001$91.0K<0.1%History
iShares Tr464287184CHINA LG-CAP ETF1,818$85.0K<0.1%–
WMWaste Management IncStock536$69.0K<0.1%History
CTEVClaritev CorpCOM10,192$57.0K<0.1%History
ZOMDFZomedica Corp.COM36,151$57.0K<0.1%History
CLFCleveland-Cliffs Inc.COM2,444$49.0K<0.1%History
IDEXIdeanomics, Inc.COM12,802$37.0K<0.1%History
FLFoot Locker, Inc.COM600$34.0K<0.1%History
CCOClear Channel Outdoor Holdings, Inc.COM18,081$33.0K<0.1%History
GSATGlobalstar, Inc.COM24,047$32.0K<0.1%History
TOONKartoon Studios, Inc.COM11,119$22.0K<0.1%History
TNXPTonix Pharmaceuticals Holding Corp.COM12,687$16.0K<0.1%History
WDCWestern Digital CorpCOM42$3.00K<0.1%History
VXXBarclays Bank PLCIPTH SR B S&P26$00.0%History