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Livermore
Livermore
ZHEN

Capula Management Ltd

SEC CIK
0001557017
Latest filing
Aug 14, 2026

Holdings in Q3 2022

Holdings as of Sep 30, 2022, filed Nov 14, 2022. Long positions only; changes compare share counts with Q2 2022.

Institution overview
Positions
294
+199 vs. Q2 2022
Portfolio value
$814.1M
+$101.9M (+14.3%) vs. Q2 2022
Filed
Nov 14, 2022
SEC
Holdings of Capula Management Ltd in Q3 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
SOSouthern CoStock6,640$452.0K0.1%+6,640NewHistory
AEEAmeren CorpCOM5,640$454.0K0.1%+5,640NewHistory
EVRGEvergy, Inc.Stock7,760$461.0K0.1%+7,760NewHistory
NNNNNN REIT, Inc.REIT11,830$472.0K0.1%+11,830NewHistory
MTNVail Resorts IncCOM2,190$472.0K0.1%+2,190NewHistory
DOXAmdocs LtdSHS5,950$473.0K0.1%+5,950NewHistory
RGAReinsurance Group of America IncCOM NEW3,790$477.0K0.1%+3,790NewHistory
WENWendy's CoStock25,620$479.0K0.1%+25,620NewHistory
STORStore Capital LLCCOM15,290$479.0K0.1%+15,290NewHistory
BWABorgwarner IncCOM15,300$480.0K0.1%+15,300NewHistory
GOOGAlphabet Inc.Stock5,020$483.0K0.1%+5,020NewHistory
TTCToro CoCOM5,580$483.0K0.1%+5,580NewHistory
PLDPrologis, Inc.REIT4,760$484.0K0.1%+4,760NewHistory
EWBCEast West Bancorp IncCOM7,240$486.0K0.1%+7,240NewHistory
MTBM&T Bank CorpCOM2,760$487.0K0.1%+2,760NewHistory
DREDuke Realty CorpCOM NEW10,100$487.0K0.1%+10,100NewHistory
MTGMgic Investment CorpCOM38,080$488.0K0.1%+27,136+248.0%AddedHistory
SNOWSnowflake Inc.Stock2,890$491.0K0.1%+2,890NewHistory
CMAComerica IncCOM6,900$491.0K0.1%+6,900NewHistory
IBKRInteractive Brokers Group, Inc.Stock7,700$492.0K0.1%+7,700NewHistory
FHNFirst Horizon CorpCOM21,520$493.0K0.1%+21,520NewHistory
FCNCAFirst Citizens Bancshares IncCL A620$494.0K0.1%+620NewHistory
BILLBILL Holdings, Inc.Stock3,740$495.0K0.1%+3,740NewHistory
NEMNEWMONT CorpStock11,800$496.0K0.1%+11,800NewHistory
TSCOTractor Supply CoCOM2,670$496.0K0.1%+2,670NewHistory
TOLToll Brothers, Inc.COM11,820$496.0K0.1%+11,820NewHistory
NXSTNexstar Media Group, Inc.COMMON STOCK2,970$496.0K0.1%+2,970NewHistory
TGTTarget CorpStock3,360$499.0K0.1%+3,360NewHistory
AGCOAGCO CorpCOM5,200$500.0K0.1%+5,200NewHistory
GNRCGenerac Holdings Inc.Stock2,820$502.0K0.1%+2,820NewHistory
FTNTFortinet, Inc.Stock10,230$503.0K0.1%+10,230NewHistory
GOGrocery Outlet Holding Corp.COM15,110$503.0K0.1%+15,110NewHistory
WSCWillScot Holdings CorpCOM CL A12,510$505.0K0.1%+12,510NewHistory
LYFTLyft, Inc.CL A COM38,390$506.0K0.1%+38,390NewHistory
SCHWSchwab Charles CorpStock7,050$507.0K0.1%+1,258+21.7%AddedHistory
WMSAdvanced Drainage Systems, Inc.COM4,080$507.0K0.1%+4,080NewHistory
DECKDeckers Outdoor CorpCOM1,640$513.0K0.1%+1,640NewHistory
LNGCheniere Energy, Inc.COM NEW3,090$513.0K0.1%+3,090NewHistory
HSTHost Hotels & Resorts, Inc.COM32,480$516.0K0.1%+32,480NewHistory
ZIONZions Bancorporation, National AssociationCOM11,885$604.0K0.1%+11,885NewHistory
STTState Street CorpCOM10,060$612.0K0.1%+10,060NewHistory
UIUbiquiti Inc.COM2,160$634.0K0.1%+2,160NewHistory
GILDGilead Sciences, Inc.Stock10,331$637.0K0.1%+8,006+344.3%AddedHistory
ELEstee Lauder Companies IncCL A3,210$693.0K0.1%+3,210NewHistory
ALSumisho Air Lease CorpCL A22,450$696.0K0.1%+22,450NewHistory
PCTYPaylocity Holding CorpCOM2,940$710.0K0.1%+2,940NewHistory
LOWLowes Companies IncStock3,854$724.0K0.1%+1,297+50.7%AddedHistory
LNCLincoln National CorpCOM16,920$743.0K0.1%+16,920NewHistory
MCKMcKesson CorpStock2,190$744.0K0.1%+2,190NewHistory
PINCPremier, Inc.CL A22,490$763.0K0.1%+22,490NewHistory
LWLamb Weston Holdings, Inc.Stock9,920$768.0K0.1%+9,920NewHistory
DISWalt Disney CoStock8,326$785.0K0.1%−46,565−84.8%ReducedHistory
DARDarling Ingredients Inc.COM12,070$798.0K0.1%+12,070NewHistory
MPWRMonolithic Power Systems, Inc.COM2,210$803.0K0.1%+2,210NewHistory
AWIArmstrong World Industries IncCOM10,160$805.0K0.1%+10,160NewHistory
EBAYeBay IncCOM22,080$813.0K0.1%+22,080NewHistory
SIVBSVB Financial GroupCOM2,460$826.0K0.1%+2,460NewHistory
NTAPNetApp, Inc.Stock13,430$831.0K0.1%+3,448+34.5%AddedHistory
DVNDevon Energy CorpStock13,836$832.0K0.1%+13,836NewHistory
LYVLive Nation Entertainment, Inc.COM10,940$832.0K0.1%+10,940NewHistory
TECHBIO-TECHNE CorpCOM2,970$843.0K0.1%+2,970NewHistory
VICIVici Properties Inc.COM28,640$855.0K0.1%+28,640NewHistory
MANManpowerGroup Inc.COM13,370$865.0K0.1%+13,370NewHistory
DTEDte Energy CoCOM7,560$870.0K0.1%+7,560NewHistory
BCBrunswick CorpCOM13,440$880.0K0.1%+13,440NewHistory
TRGPTarga Resources Corp.COM14,620$882.0K0.1%+14,620NewHistory
MOAltria Group, Inc.Stock21,920$885.0K0.1%+21,920NewHistory
OLEDUniversal Display CorpCOM9,380$885.0K0.1%+9,380NewHistory
WSTWest Pharmaceutical Services IncCOM3,640$896.0K0.1%+3,640NewHistory
NSANational Storage Affiliates TrustCOM SHS BEN IN21,680$901.0K0.1%+21,680NewHistory
ARESAres Management CorpCL A COM STK14,550$901.0K0.1%+14,550NewHistory
Signature BK New York N Y82669G104COM6,060$915.0K0.1%+6,060New–
ADPAutomatic Data Processing IncStock4,050$916.0K0.1%+4,050NewHistory
MSCIMSCI Inc.Stock2,210$932.0K0.1%+2,210NewHistory
TDGTransDigm Group INCCOM1,780$934.0K0.1%+1,780NewHistory
RPRXRoyalty Pharma plcSHS CLASS A23,440$942.0K0.1%+23,440NewHistory
IDXXIDEXX Laboratories IncCOM2,900$945.0K0.1%+2,900NewHistory
RUNSunrun Inc.COM34,310$947.0K0.1%+34,310NewHistory
BRKRBruker CorpCOM17,920$951.0K0.1%+17,920NewHistory
ZTSZoetis Inc.Stock6,450$956.0K0.1%+6,450NewHistory
EOGEOG Resources IncStock8,605$961.0K0.1%+8,605NewHistory
MRNAModerna, Inc.Stock8,133$962.0K0.1%+8,133NewHistory
PAYCPaycom Software, Inc.Stock2,920$964.0K0.1%+2,920NewHistory
RJFRaymond James Financial IncCOM9,760$964.0K0.1%+9,760NewHistory
WTFCWintrust Financial CorpCOM11,890$970.0K0.1%+11,890NewHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF13,505$973.0K0.1%−393,722−96.7%Reduced–
HSYHershey CoCOM4,460$983.0K0.1%+4,460NewHistory
MOHMolina Healthcare, Inc.COM2,990$986.0K0.1%+2,990NewHistory
NEWRNew Relic, Inc.COM17,240$989.0K0.1%+17,240NewHistory
HUMHumana IncStock2,040$990.0K0.1%+2,040NewHistory
ENPHEnphase Energy, Inc.Stock3,570$991.0K0.1%+3,570NewHistory
ZENZendesk, Inc.COM13,120$998.0K0.1%+13,120NewHistory
CFRCullen/Frost Bankers, Inc.COM7,610$1.01M0.1%+7,610NewHistory
State Street Financial Select Sector SPDR ETF81369Y605ETF36,365$1.10M0.1%−192,514−84.1%Reduced–
CRWDCrowdStrike Holdings, Inc.Stock6,840$1.13M0.1%+6,840NewHistory
KLACKLA CorpCOM NEW4,281$1.30M0.2%+4,281NewHistory
INTUIntuit Inc.Stock3,374$1.31M0.2%+2,230+194.9%AddedHistory
TTWOTake Two Interactive Software IncCOM12,097$1.32M0.2%+6,437+113.7%AddedHistory
ANSSAnsys IncCOM6,076$1.35M0.2%+6,076NewHistory
ADIAnalog Devices IncStock9,940$1.39M0.2%+9,940NewHistory

Options (169)

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 169 by value.

Option positions of Capula Management Ltd in Q3 2022
SecurityClassPutsCalls
SPYSPDR S&P 500 ETF TrustETF$297.0M$260.1M
AAPLApple Inc.Stock$171.6M$221.8M
iShares Russell 2000 ETF464287655ETF$274.5M$93.2M
MSFTMicrosoft CorpStock$119.1M$232.7M
AMZNAmazon Com IncStock$116.2M$104.4M
GOOGLAlphabet Inc.Stock$101.7M$113.1M
JNJJohnson & JohnsonStock$64.5M$112.9M
TSLATesla, Inc.Stock$58.2M$92.7M
IBMInternational Business Machines CorpStock$51.1M$73.4M
UNHUnitedHealth Group IncStock$53.8M$50.1M
Invesco QQQ Trust Series I46090E103ETF$45.7M$46.1M
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 1$32.4M$58.3M
CVSCVS Health CorpStock$39.4M$49.0M
CSCOCisco Systems, Inc.Stock$18.3M$68.8M
MRKMerck & Co., Inc.Stock$12.4M$68.4M
iShares Tr464287184CHINA LG-CAP ETF$27.5M$50.3M
PEPPepsiCo IncStock$35.3M$36.1M
XOMExxonMobil Holdings CorpCOM$27.4M$44.0M
VVisa Inc.Stock$16.3M$54.6M
WMTWalmart Inc.Stock$27.2M$43.1M
MCDMcDonalds CorpStock$21.2M$45.1M
JPMJPMorgan Chase & CoStock$29.3M$36.6M
UPSUnited Parcel Service IncStock$24.8M$41.0M
TXNTexas Instruments IncStock$26.3M$38.6M
METAMeta Platforms, Inc.Stock$25.9M$36.6M
BMYBristol Myers Squibb CoStock$16.1M$45.4M
BACBank of America CorpStock$27.7M$31.7M
AMGNAmgen IncStock$29.1M$29.4M
KOCoca Cola CoStock$18.4M$39.4M
State Street Energy Select Sector SPDR ETF81369Y506ETF$4.71M$52.1M
MSMorgan StanleyStock$28.4M$28.1M
ABTAbbott LaboratoriesStock$22.8M$32.0M
MDTMedtronic plcStock$17.4M$34.6M
LMTLockheed Martin CorpStock$25.9M$26.0M
CVXChevron CorpStock$25.9M$24.9M
MAMastercard IncStock$20.5M$29.2M
GILDGilead Sciences, Inc.Stock$22.5M$25.9M
State Street SPDR S&P Regional Banking ETF78464A698ETF$23.9M$24.1M
State Street Health Care Select Sector SPDR ETF81369Y209ETF$25.1M$22.3M
NFLXNetflix IncStock$17.7M$29.5M
LOWLowes Companies IncStock$22.2M$24.9M
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF$26.8M$19.8M
CATCaterpillar IncStock$22.2M$24.2M
NVDANVIDIA CorpStock$20.6M$25.2M
CMGChipotle Mexican Grill IncCOM$22.1M$22.1M
NEENextera Energy IncStock$24.5M$18.5M
WFCWells Fargo & CompanyStock$18.6M$23.9M
CCitigroup IncStock$19.9M$20.8M
AVGOBroadcom Inc.Stock$16.1M$24.4M
PGProcter & Gamble CoStock$15.4M$25.0M
GSGoldman Sachs Group IncStock$23.9M$15.4M
RTXRTX CorpStock$17.8M$20.9M
UNPUnion Pacific CorpStock$4.09M$34.1M
HDHome Depot, Inc.Stock$20.3M$17.4M
iShares Tr464287739U.S. REAL ES ETF$12.1M$25.7M
METMetlife IncStock$14.7M$21.3M
ABBVAbbVie Inc.Stock$19.5M$16.2M
HONHoneywell International IncCOM$16.2M$18.6M
PRUPrudential Financial IncStock$15.4M$15.4M
STZConstellation Brands, Inc.Stock$14.9M$14.9M
PFEPfizer IncStock$10.1M$19.7M
DDominion Energy, IncStock–$29.0M
State Street Financial Select Sector SPDR ETF81369Y605ETF$5.59M$21.2M
ORCLOracle CorpStock$6.17M$20.1M
VRTXVertex Pharmaceuticals IncStock$11.6M$14.5M
DISWalt Disney CoStock$10.5M$15.3M
INTCIntel CorpStock$5.95M$19.8M
PMPhilip Morris International Inc.Stock$4.08M$20.0M
CMICummins IncStock$12.0M$12.0M
TSMTaiwan Semiconductor Manufacturing Co LtdADR$4.57M$19.4M
KDPKeurig Dr Pepper Inc.COM$11.9M$11.9M
QCOMQualcomm IncStock$8.44M$14.4M
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF$10.3M$12.5M
FISFidelity National Information Services, Inc.Stock–$22.7M
COSTCostco Wholesale CorpStock$6.66M$15.1M
ADBEAdobe Inc.Stock$4.38M$17.2M
AMDAdvanced Micro Devices IncStock$9.05M$12.5M
PYPLPayPal Holdings, Inc.Stock$7.96M$13.4M
State Street SPDR S&P Biotech ETF78464A870ETF$9.79M$11.1M
SCHWSchwab Charles CorpStock$8.61M$11.1M
LLYEli Lilly & CoStock$4.75M$14.0M
DEDeere & CoStock$6.71M$11.8M
CSXCSX CorpStock$7.10M$11.3M
LRCXLam Research CorpCOM$8.86M$9.55M
VanEck Semiconductor ETF92189F676ETF$8.53M$9.18M
NKENIKE, Inc.Stock$2.91M$13.7M
OXYOccidental Petroleum CorpStock$3.35M$13.2M
NSCNorfolk Southern CorpStock$5.07M$11.4M
AMTAmerican Tower CorpREIT$5.52M$10.7M
CAGConagra Brands Inc.Stock$9.14M$6.85M
CRMSalesforce, Inc.Stock$3.12M$12.3M
ARK Innovation ETF00214Q104ETF$6.52M$8.69M
SLBSLB LimitedStock$8.95M$6.23M
AXPAmerican Express CoStock$4.98M$10.1M
APDAir Products & Chemicals, Inc.Stock$7.00M$7.68M
TMOThermo Fisher Scientific Inc.Stock–$14.7M
KKellanovaStock$7.31M$7.31M
MKCMcCormick & Co IncStock$7.13M$7.13M
MCHPMicrochip Technology IncStock$11.4M$2.09M
TMUST-Mobile US, Inc.Stock$2.84M$10.5M

Sold out since Q2 2022 (31)

Positions held at the end of Q2 2022 that are gone from this filing.

Positions of Capula Management Ltd sold out since Q2 2022
SecurityClassShares in Q2 2022Value in Q2 2022% of portfolio in Q2 2022History
DOWDow Inc.Stock285,819$14.8M2.1%History
WMTWalmart Inc.Stock63,619$7.74M1.1%History
DBX ETF Tr233051879XTRACK HRVST CSI220,000$7.52M1.1%–
ICEIntercontinental Exchange, Inc.Stock69,911$6.57M0.9%History
APDAir Products & Chemicals, Inc.Stock26,509$6.38M0.9%History
HBANHuntington Bancshares IncCOM491,654$5.92M0.8%History
CRMSalesforce, Inc.Stock31,035$5.12M0.7%History
THCTenet Healthcare CorpCOM NEW89,153$4.69M0.7%History
TMOThermo Fisher Scientific Inc.Stock8,031$4.36M0.6%History
DHRDanaher CorpStock14,876$3.77M0.5%History
LLYEli Lilly & CoStock11,509$3.73M0.5%History
State Street Industrial Select Sector SPDR ETF81369Y704ETF39,213$3.42M0.5%–
MUMicron Technology IncStock54,902$3.04M0.4%History
KMIKinder Morgan, Inc.Stock177,638$2.98M0.4%History
State Street Utilities Select Sector SPDR ETF81369Y886ETF41,471$2.91M0.4%–
BBWIBath & Body Works, Inc.COM106,605$2.87M0.4%History
PMPhilip Morris International Inc.Stock28,225$2.79M0.4%History
ETNEaton Corp plcStock15,795$1.99M0.3%History
NFLXNetflix IncStock10,366$1.81M0.3%History
State Street Materials Select Sector SPDR ETF81369Y100ETF19,430$1.43M0.2%–
SPDR Series Trust78464A755ST STR SP METAL28,592$1.24M0.2%–
ELVElevance Health, Inc.Stock1,685$813.0K0.1%History
TEAMAtlassian CorpCL A3,698$693.0K0.1%History
ONONOn Holding AGStock33,539$593.0K0.1%History
SBUXStarbucks CorpStock6,418$490.0K0.1%History
NOWServiceNow, Inc.Stock810$385.0K0.1%History
ORCLOracle CorpStock5,302$370.0K0.1%History
NKTRNektar TherapeuticsCOM21,648$82.0K<0.1%History
BMYBristol Myers Squibb CoStock1,023$79.0K<0.1%History
APAAPA CorpStock2,073$72.0K<0.1%History
PSFEPaysafe LtdORD23,637$46.0K<0.1%History