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Livermore
Livermore
ZHEN

Capula Management Ltd

SEC CIK
0001557017
Latest filing
Aug 14, 2026

Holdings in Q1 2024

Holdings as of Mar 31, 2024, filed May 9, 2024. Long positions only; changes compare share counts with Q4 2023.

Institution overview
Positions
369
+145 vs. Q4 2023
Portfolio value
$2.95B
+$1.37B (+86.4%) vs. Q4 2023
Filed
May 9, 2024
SEC
Holdings of Capula Management Ltd in Q1 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
INTUIntuit Inc.Stock20$13.0K<0.1%+13+185.7%AddedHistory
TAT&T Inc.Stock2,330$41.0K<0.1%+2,330NewHistory
UNHUnitedHealth Group IncStock83$41.1K<0.1%+83NewHistory
GMGeneral Motors CoCOM1,286$58.3K<0.1%−28,481−95.7%ReducedHistory
REGNRegeneron Pharmaceuticals, Inc.COM62$59.7K<0.1%−431−87.4%ReducedHistory
IAGIamgold CorpCOM13,500$61.0K<0.1%+13,500NewHistory
TGTTarget CorpStock345$61.1K<0.1%+345NewHistory
BABoeing CoStock351$67.7K<0.1%+351NewHistory
HONHoneywell International IncCOM384$78.8K<0.1%+384NewHistory
NETCloudflare, Inc.CL A COM825$79.9K<0.1%+825NewHistory
AFRMAffirm Holdings, Inc.COM CL A2,338$87.1K<0.1%+2,338NewHistory
VVisa Inc.Stock356$99.4K<0.1%+356NewHistory
PMPhilip Morris International Inc.Stock1,223$112.1K<0.1%+1,223NewHistory
UUnity Software Inc.COM4,343$116.0K<0.1%+4,343NewHistory
RSIRush Street Interactive, Inc.COM19,739$128.5K<0.1%+19,739NewHistory
GDGeneral Dynamics CorpStock458$129.4K<0.1%+458NewHistory
MUMicron Technology IncStock1,116$131.6K<0.1%+1,116NewHistory
DISWalt Disney CoStock1,117$136.7K<0.1%+1,117NewHistory
EBCEastern Bankshares, Inc.COM10,291$141.8K<0.1%+10,291NewHistory
CCitigroup IncStock2,263$143.1K<0.1%+2,263NewHistory
RHRHCOM420$146.3K<0.1%+420NewHistory
ACNAccenture plcStock433$150.1K<0.1%+433NewHistory
MSMorgan StanleyStock1,595$150.2K<0.1%+1,595NewHistory
AMDAdvanced Micro Devices IncStock850$153.4K<0.1%+850NewHistory
WDCWestern Digital CorpCOM2,256$153.9K<0.1%+2,020+855.9%AddedHistory
ORLYO Reilly Automotive IncStock142$160.3K<0.1%+142NewHistory
IRTIndependence Realty Trust, Inc.COM10,055$162.2K<0.1%+10,055NewHistory
PAGSPagSeguro Digital Ltd.COM CL A12,314$175.8K<0.1%+12,314NewHistory
PLTKPlaytika Holding Corp.COM25,483$179.7K<0.1%+25,483NewHistory
CATCaterpillar IncStock527$193.1K<0.1%+102+24.0%AddedHistory
NVDANVIDIA CorpStock221$199.7K<0.1%−629−74.0%ReducedHistory
FOLDAmicus Therapeutics, Inc.COM17,000$200.3K<0.1%+17,000NewHistory
COOCooper Companies, Inc.COM1,981$201.0K<0.1%+1,981NewHistory
DALDelta Air Lines, Inc.COM NEW4,217$201.9K<0.1%+4,217NewHistory
CMGChipotle Mexican Grill IncCOM70$203.5K<0.1%+70NewHistory
ABBVAbbVie Inc.Stock1,121$204.1K<0.1%+1,121NewHistory
CMCSAComcast CorpStock4,810$208.5K<0.1%+2,403+99.8%AddedHistory
SRPTSarepta Therapeutics, Inc.COM1,615$209.1K<0.1%−680−29.6%ReducedHistory
SWKSSkyworks Solutions, Inc.Stock1,937$209.8K<0.1%+1,937NewHistory
XYZBlock, Inc.CL A2,484$210.1K<0.1%−2,871−53.6%ReducedHistory
TXRHTexas Roadhouse, Inc.COM1,375$212.4K<0.1%+1,375NewHistory
CHRDChord Energy CorpCOM NEW1,194$212.8K<0.1%+1,194NewHistory
BACBank of America CorpStock5,643$214.0K<0.1%+5,643NewHistory
MHKMohawk Industries IncCOM1,640$214.7K<0.1%+1,640NewHistory
CCSCentury Communities, Inc.COM2,236$215.8K<0.1%−12,401−84.7%ReducedHistory
KRKroger CoStock3,783$216.1K<0.1%+3,783NewHistory
PSXPhillips 66Stock1,326$216.6K<0.1%+1,326NewHistory
KDKyndryl Holdings, Inc.Stock10,002$217.6K<0.1%+10,002NewHistory
JNJJohnson & JohnsonStock1,380$218.3K<0.1%+1,380NewHistory
WABWestinghouse Air Brake Technologies CorpStock1,499$218.4K<0.1%+1,499NewHistory
RRRRed Rock Resorts, Inc.CL A3,652$218.5K<0.1%+3,652NewHistory
MASMasco CorpCOM2,771$218.6K<0.1%+2,771NewHistory
HUBGHub Group, Inc.CL A5,118$221.2K<0.1%+5,118NewHistory
IRIngersoll Rand Inc.COM2,337$221.9K<0.1%+2,337NewHistory
MATMattel IncCOM11,267$223.2K<0.1%+11,267NewHistory
WENWendy's CoStock11,982$225.7K<0.1%+11,982NewHistory
INTCIntel CorpStock5,115$225.9K<0.1%+4,995+4,162.5%AddedHistory
SCHWSchwab Charles CorpStock3,189$230.7K<0.1%+2,781+681.6%AddedHistory
FSSFederal Signal CorpCOM2,737$232.3K<0.1%+2,737NewHistory
HAYWHayward Holdings, Inc.COM15,300$234.2K<0.1%+15,300NewHistory
HOGHarley-Davidson, Inc.COM5,365$234.7K<0.1%+5,365NewHistory
AVGOBroadcom Inc.Stock179$237.2K<0.1%+170+1,888.9%AddedHistory
FHIFederated Hermes, Inc.CL B6,640$239.8K<0.1%+6,640NewHistory
TSLATesla, Inc.Stock1,368$240.5K<0.1%+1,368NewHistory
CFCF Industries Holdings, Inc.COM2,910$242.1K<0.1%+2,910NewHistory
SPRSpirit AeroSystems Holdings, Inc.COM CL A6,739$243.1K<0.1%+6,739NewHistory
SAIASaia IncCOM416$243.4K<0.1%+416NewHistory
AVAAvista CorpCOM6,967$244.0K<0.1%+6,967NewHistory
ELEstee Lauder Companies IncCL A1,607$247.7K<0.1%+107+7.1%AddedHistory
ADBEAdobe Inc.Stock491$247.8K<0.1%+474+2,788.2%AddedHistory
ABTAbbott LaboratoriesStock2,182$248.0K<0.1%+2,182NewHistory
MCRIMonarch Casino & Resort IncCOM3,309$248.1K<0.1%+3,309NewHistory
HSYHershey CoCOM1,307$254.2K<0.1%+1,307NewHistory
CNHCNH Industrial N.V.SHS19,677$255.0K<0.1%+7,579+62.6%AddedHistory
WYNNWynn Resorts LtdCOM2,513$256.9K<0.1%−2,128−45.9%ReducedHistory
TDYTeledyne Technologies IncCOM600$257.6K<0.1%+600NewHistory
PNCPNC Financial Services Group, Inc.Stock1,634$264.1K<0.1%+1,634NewHistory
GNTXGentex CorpCOM7,344$265.3K<0.1%+7,344NewHistory
JBHTHunt J B Transport Services IncCOM1,336$266.2K<0.1%+1,336NewHistory
EVRGEvergy, Inc.Stock5,074$270.9K<0.1%+5,074NewHistory
SPXCSPX Technologies, Inc.COM2,226$274.1K<0.1%+2,226NewHistory
ROPRoper Technologies IncStock489$274.3K<0.1%+489NewHistory
KBHKB HomeCOM3,894$276.0K<0.1%+3,894NewHistory
NLYAnnaly Capital Management IncREIT14,108$277.8K<0.1%+14,108NewHistory
HELEHelen of Troy LtdStock2,416$278.4K<0.1%+2,416NewHistory
SWKStanley Black & Decker, Inc.COM2,869$281.0K<0.1%−1,262−30.5%ReducedHistory
CINFCincinnati Financial CorpCOM2,271$282.0K<0.1%−1,860−45.0%ReducedHistory
OMFOneMain Holdings, Inc.COM5,584$285.3K<0.1%+5,584NewHistory
GLGlobe Life Inc.COM2,466$287.0K<0.1%−662−21.2%ReducedHistory
MTBM&T Bank CorpCOM1,995$290.2K<0.1%+1,995NewHistory
SGISomnigroup International Inc.COM5,117$290.7K<0.1%+5,117NewHistory
RLIRli CorpCOM1,959$290.9K<0.1%+1,959NewHistory
AAgilent Technologies, Inc.COM2,008$292.2K<0.1%+2,008NewHistory
OXYOccidental Petroleum CorpStock4,503$292.6K<0.1%+4,503NewHistory
DOCUDocuSign, Inc.Stock4,918$292.9K<0.1%+4,918NewHistory
iShares Inc464286624MSCI THAILND ETF5,048$294.9K<0.1%+5,048New–
NDAQNasdaq, Inc.COM4,676$295.1K<0.1%+4,676NewHistory
SYKStryker CorpStock829$296.7K<0.1%+829NewHistory
MROMarathon Oil CorpCOM10,718$303.7K<0.1%+10,718NewHistory
ITGartner IncCOM640$305.1K<0.1%+640NewHistory

Options (72)

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

Option positions of Capula Management Ltd in Q1 2024
SecurityClassPutsCalls
Invesco QQQ Trust Series I46090E103ETF$527.3M$284.2M
State Street Utilities Select Sector SPDR ETF81369Y886ETF$66.6M$33.8M
iShares Tr46428743220 YR TR BD ETF$37.8M$37.8M
iShares Tr464287234MSCI EMG MKT ETF–$54.6M
VanEck Semiconductor ETF92189F676ETF$13.5M$30.4M
GLDSPDR Gold TrustETF$20.6M$20.6M
iShares MSCI India ETF46429B598ETF$12.9M$27.9M
VanEck ETF Trust92189F106GOLD MINERS ETF$632.4K$33.2M
SPYSPDR S&P 500 ETF TrustETF–$13.1M
CPRICapri Holdings LtdSHS$6.79M–
iShares Tr464287184CHINA LG-CAP ETF–$3.68M
AAPLApple Inc.Stock$2.44M$788.8K
MSFTMicrosoft CorpStock$3.07M–
FCXFreeport-McMoran IncStock$2.19M–
iShares Russell 2000 ETF464287655ETF–$1.79M
SCHWSchwab Charles CorpStock$1.50M–
METAMeta Platforms, Inc.Stock$1.41M–
NFLXNetflix IncStock$1.40M–
GOOGLAlphabet Inc.Stock$920.7K$452.8K
AVGOBroadcom Inc.Stock$927.8K$397.6K
PGProcter & Gamble CoStock$1.30M–
SLBSLB LimitedStock$1.10M–
INTUIntuit Inc.Stock$455.0K$585.0K
PEPPepsiCo IncStock$1.02M–
AMZNAmazon Com IncStock$938.0K–
ADBEAdobe Inc.Stock$605.5K$151.4K
TSLATesla, Inc.Stock$738.3K–
KLACKLA CorpCOM NEW$698.6K–
JNJJohnson & JohnsonStock$696.0K–
RHRHCOM$661.7K–
COSTCostco Wholesale CorpStock$659.4K–
DISWalt Disney CoStock$648.5K–
MSMorgan StanleyStock$602.6K–
WDCWestern Digital CorpCOM$573.2K–
VZVerizon Communications IncStock$553.9K–
MOAltria Group, Inc.Stock$536.5K–
CMCSAComcast CorpStock$533.2K–
LRCXLam Research CorpCOM$485.8K–
MUMicron Technology IncStock$483.3K–
ACNAccenture plcStock$450.6K–
HUMHumana IncStock$416.1K–
AMDAdvanced Micro Devices IncStock$379.0K–
MRNAModerna, Inc.Stock$373.0K–
BACBank of America CorpStock$345.1K–
HONHoneywell International IncCOM$328.4K–
TAT&T Inc.Stock$228.8K$75.7K
JPMJPMorgan Chase & CoStock$300.4K–
PMPhilip Morris International Inc.Stock$293.2K–
LOWLowes Companies IncStock$280.2K–
DHRDanaher CorpStock$274.7K–
AMATApplied Materials IncStock$268.1K–
GMGeneral Motors CoCOM$267.6K–
UUnity Software Inc.COM$264.3K–
CCitigroup IncStock$253.0K–
VVisa Inc.Stock$251.2K–
BABoeing CoStock$250.9K–
UNHUnitedHealth Group IncStock$49.5K$197.9K
AFRMAffirm Holdings, Inc.COM CL A$234.7K–
ORLYO Reilly Automotive IncStock$225.8K–
NETCloudflare, Inc.CL A COM$213.0K–
XYZBlock, Inc.CL A$203.0K–
ASMLASML Holding NVADR$194.1K–
REGNRegeneron Pharmaceuticals, Inc.COM$192.5K–
NVDANVIDIA CorpStock$180.7K–
GDGeneral Dynamics CorpStock$169.5K–
TGTTarget CorpStock$159.5K–
HDHome Depot, Inc.Stock$153.4K–
AALAmerican Airlines Group Inc.Stock$107.5K–
TXNTexas Instruments IncStock$87.1K–
CATCaterpillar IncStock$73.3K–
CRWDCrowdStrike Holdings, Inc.Stock$64.1K–
ABBVAbbVie Inc.Stock$54.6K–

Sold out since Q4 2023 (133)

Positions held at the end of Q4 2023 that are gone from this filing.

The largest 100 of 133 by value last quarter.

Positions of Capula Management Ltd sold out since Q4 2023
SecurityClassShares in Q4 2023Value in Q4 2023% of portfolio in Q4 2023History
VanEck Semiconductor ETF92189F676ETF138,000$24.1M1.5%–
State Street Real Estate Select Sector SPDR ETF81369Y860ETF567,980$22.8M1.4%–
SPLKSplunk IncCOM85,535$13.0M0.8%History
iShares Tr46428743220 YR TR BD ETF75,000$7.42M0.5%–
ROVRRover Group, Inc.COMMON STOCK276,000$3.00M0.2%History
VSATViasat IncCOM88,094$2.46M0.2%History
UWMCUWM Holdings CorpCOM CL A309,094$2.21M0.1%History
BEBloom Energy CorpCOM CL A144,568$2.14M0.1%History
Textainer Group Holdings LtdG8766E109SHS40,300$1.98M0.1%–
MSGEMadison Square Garden Entertainment Corp.COM CL A57,426$1.83M0.1%History
CUBICustomers Bancorp, Inc.COM25,177$1.45M0.1%History
TGTXTG Therapeutics, Inc.COM83,997$1.43M0.1%History
LOBLive Oak Bancshares, Inc.COM31,501$1.43M0.1%History
AMCAMC Entertainment Holdings, Inc.CL A NEW229,827$1.41M0.1%History
MBINMerchants BancorpCOM31,926$1.36M0.1%History
SCSSteelcase IncCL A96,475$1.30M0.1%History
JELDJELD-WEN Holding, Inc.COM68,986$1.30M0.1%History
CWHCamping World Holdings, Inc.CL A49,198$1.29M0.1%History
iShares Inc46434G822MSCI JAPAN ETF19,719$1.26M0.1%–
COFCapital One Financial CorpStock9,503$1.25M0.1%History
OPTUOptimum Communications, Inc.CL A382,767$1.24M0.1%History
OSCROscar Health, Inc.CL A128,401$1.17M0.1%History
ACIWAci Worldwide, Inc.Stock36,907$1.13M0.1%History
LUCKLucky Strike Entertainment CorpCL A COM79,288$1.12M0.1%History
IDCCInterDigital, Inc.COM10,268$1.11M0.1%History
MLIMueller Industries IncCOM23,426$1.10M0.1%History
TTMITTM Technologies IncCOM65,790$1.04M0.1%History
ALNYAlnylam Pharmaceuticals, Inc.COM5,270$1.01M0.1%History
SSTKShutterstock, Inc.COM20,893$1.01M0.1%History
iShares Inc464286400MSCI BRAZIL ETF28,560$998.5K0.1%–
COOPMaverick Merger Sub 2, LLCCOM15,266$994.1K0.1%History
AGOAssured Guaranty LtdCOM13,209$988.4K0.1%History
DANDANA IncCOM67,354$984.0K0.1%History
UEUrban Edge PropertiesCOM53,601$980.9K0.1%History
GIIIG III Apparel Group LtdCOM28,866$980.9K0.1%History
XNCRXencor IncCOM45,849$973.4K0.1%History
LILAKLiberty Latin America Ltd.COM CL C132,192$970.3K0.1%History
DYDycom Industries IncCOM8,364$962.6K0.1%History
AIZAssurant, Inc.Stock5,712$962.4K0.1%History
FORForestar Group Inc.COM28,458$941.1K0.1%History
GTGoodyear Tire & Rubber CoCOM65,042$931.4K0.1%History
ALEAllete IncCOM NEW15,062$921.2K0.1%History
FLRFluor CorpStock23,188$908.3K0.1%History
FTDRFrontdoor, Inc.COM25,517$898.7K0.1%History
PRTAProthena Corp Public Ltd CoSHS24,310$883.4K0.1%History
DKDelek US Holdings, Inc.COM32,521$839.0K0.1%History
AHCOAdaptHealth Corp.COMMON STOCK110,534$805.8K0.1%History
PBFPBF Energy Inc.CL A17,918$787.7K<0.1%History
LILALiberty Latin America Ltd.COM CL A107,611$786.6K<0.1%History
GPREGreen Plains Inc.COM28,934$729.7K<0.1%History
BABAAlibaba Group Holding LtdADR9,000$697.6K<0.1%History
SESea LtdSPONSORD ADS15,000$607.5K<0.1%History
PENNPENN Entertainment, Inc.COM21,913$570.2K<0.1%History
NWSANews CorpCL A22,935$563.1K<0.1%History
ALGNAlign Technology IncCOM1,807$495.1K<0.1%History
WTMWhite Mountains Insurance Group LtdCOM323$486.1K<0.1%History
ZMZoom Communications, Inc.Stock6,629$476.7K<0.1%History
CNACna Financial CorpCOM10,787$456.4K<0.1%History
MPWRMonolithic Power Systems, Inc.COM680$428.9K<0.1%History
SNOWSnowflake Inc.Stock2,150$427.9K<0.1%History
GPCGenuine Parts CoStock3,077$426.2K<0.1%History
OLLIOllie's Bargain Outlet Holdings, Inc.Stock5,610$425.7K<0.1%History
MTCHMatch Group, Inc.COM11,645$425.0K<0.1%History
MCOMoodys CorpStock1,088$424.9K<0.1%History
VLOValero Energy CorpStock3,264$424.3K<0.1%History
RMDResmed IncCOM2,465$424.0K<0.1%History
LMTLockheed Martin CorpStock935$423.8K<0.1%History
STLDSteel Dynamics IncCOM3,587$423.6K<0.1%History
WINGWingstop Inc.COM1,649$423.1K<0.1%History
NUENucor CorpCOM2,431$423.1K<0.1%History
PEGAPegasystems IncCOM8,653$422.8K<0.1%History
DKSDick's Sporting Goods, Inc.Stock2,873$422.2K<0.1%History
PAYCPaycom Software, Inc.Stock2,040$421.7K<0.1%History
DVNDevon Energy CorpStock9,299$421.2K<0.1%History
PHMPultegroup IncCOM4,080$421.1K<0.1%History
SWAVShockwave Medical, Inc.COM2,210$421.1K<0.1%History
DHIHorton D R IncCOM2,771$421.1K<0.1%History
MAAMid America Apartment Communities Inc.COM3,128$420.6K<0.1%History
DECKDeckers Outdoor CorpCOM629$420.4K<0.1%History
AGLagilon health, inc.COM33,490$420.3K<0.1%History
BHFBrighthouse Financial, Inc.COM7,939$420.1K<0.1%History
WSTWest Pharmaceutical Services IncCOM1,190$419.0K<0.1%History
VEEVVeeva Systems IncStock2,176$418.9K<0.1%History
FTITechnipFMC plcCOM20,791$418.7K<0.1%History
CAHCardinal Health IncStock4,148$418.1K<0.1%History
CICigna GroupStock1,394$417.4K<0.1%History
SMARSmartsheet IncCOM CL A8,721$417.0K<0.1%History
CGCarlyle Group Inc.COM10,200$415.0K<0.1%History
SPBSpectrum Brands Holdings, Inc.COM5,202$415.0K<0.1%History
HUBSHubSpot IncCOM714$414.5K<0.1%History
HCPHashiCorp, Inc.COM CL A17,493$413.5K<0.1%History
FISVFiserv IncStock3,111$413.3K<0.1%History
RNGRingCentral, Inc.CL A12,172$413.2K<0.1%History
HHyatt Hotels CorpCOM CL A3,162$412.4K<0.1%History
HSTHost Hotels & Resorts, Inc.COM21,165$412.1K<0.1%History
TRGPTarga Resources Corp.COM4,743$412.0K<0.1%History
TDCTeradata CorpStock9,452$411.3K<0.1%History
HEIHeico CorpCOM2,295$410.5K<0.1%History
UGIUgi CorpStock16,660$409.8K<0.1%History
Paramount Global92556H107CL A20,764$408.2K<0.1%–