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Livermore
Livermore
ZHEN

Capula Management Ltd

SEC CIK
0001557017
Latest filing
Aug 14, 2026

Holdings in Q2 2024

Holdings as of Jun 30, 2024, filed Aug 5, 2024. Long positions only; changes compare share counts with Q1 2024.

Institution overview
Positions
283
−86 vs. Q1 2024
Portfolio value
$8.94B
+$5.99B (+202.6%) vs. Q1 2024
Filed
Aug 5, 2024
SEC
Holdings of Capula Management Ltd in Q2 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
FDSFactset Research Systems IncStock1,020$416.4K<0.1%+1,020NewHistory
AAgilent Technologies, Inc.COM3,213$416.5K<0.1%+1,205+60.0%AddedHistory
AGOAssured Guaranty LtdCOM5,406$417.1K<0.1%+5,406NewHistory
TXRHTexas Roadhouse, Inc.COM2,431$417.4K<0.1%+1,056+76.8%AddedHistory
WECWec Energy Group, Inc.Stock5,321$417.5K<0.1%+5,321NewHistory
STTState Street CorpCOM5,644$417.7K<0.1%+5,644NewHistory
TDCTeradata CorpStock12,138$419.5K<0.1%+12,138NewHistory
CAHCardinal Health IncStock4,267$419.5K<0.1%+4,267NewHistory
RLRalph Lauren CorpCL A2,397$419.6K<0.1%+2,397NewHistory
TWTradeweb Markets Inc.Stock3,961$419.9K<0.1%+3,961NewHistory
VEEVVeeva Systems IncStock2,295$420.0K<0.1%+2,295NewHistory
CSLCarlisle Companies IncCOM1,037$420.2K<0.1%−315−23.3%ReducedHistory
HOGHarley-Davidson, Inc.COM12,529$420.2K<0.1%+7,164+133.5%AddedHistory
TPGTPG Inc.COM CL A10,149$420.7K<0.1%−1,137−10.1%ReducedHistory
SPOTSpotify Technology S.A.Stock1,343$421.4K<0.1%−524−28.1%ReducedHistory
USFDUS Foods Holding Corp.COM7,956$421.5K<0.1%+7,956NewHistory
COLDAmericold Realty TrustCOM16,524$422.0K<0.1%+16,524NewHistory
CHDNChurchill Downs IncCOM3,026$422.4K<0.1%−659−17.9%ReducedHistory
MORNMorningstar, Inc.COM1,428$422.5K<0.1%+1,428NewHistory
LPXLouisiana-Pacific CorpCOM5,134$422.7K<0.1%+5,134NewHistory
RLIRli CorpCOM3,009$423.3K<0.1%+1,050+53.6%AddedHistory
ETSYEtsy IncCOM7,191$424.1K<0.1%+7,191NewHistory
THOThor Industries IncCOM4,539$424.2K<0.1%+4,539NewHistory
SAMBoston Beer Co IncCL A1,394$425.2K<0.1%+1,394NewHistory
OCOwens CorningStock2,448$425.3K<0.1%−102−4.0%ReducedHistory
SUISun Communities IncCOM3,536$425.5K<0.1%−900−20.3%ReducedHistory
DBXDropbox, Inc.CL A18,955$425.9K<0.1%+18,955NewHistory
MSIMotorola Solutions, Inc.Stock1,105$426.6K<0.1%+1,105NewHistory
ITGartner IncCOM952$427.5K<0.1%+312+48.8%AddedHistory
NTNXNutanix, Inc.Stock7,531$428.1K<0.1%+2,174+40.6%AddedHistory
NYTNew York Times CoCL A8,364$428.3K<0.1%−355−4.1%ReducedHistory
FOXFox CorpCL B COM13,379$428.4K<0.1%−300,488−95.7%ReducedHistory
CAVACava Group, Inc.COM4,641$430.5K<0.1%+4,641NewHistory
SSentinelOne, Inc.CL A20,451$430.5K<0.1%+20,451NewHistory
QRVOQorvo, Inc.Stock3,723$432.0K<0.1%+3,723NewHistory
TRIPTripAdvisor, Inc.COM24,259$432.1K<0.1%+24,259NewHistory
PCORProcore Technologies, Inc.COM6,562$435.1K<0.1%+6,562NewHistory
TNLTravel & Leisure Co.COM9,690$435.9K<0.1%−9,691−50.0%ReducedHistory
EVREvercore Inc.CLASS A2,108$439.4K<0.1%−881−29.5%ReducedHistory
KRYSKrystal Biotech, Inc.COM2,404$441.5K<0.1%+2,404NewHistory
BILLBILL Holdings, Inc.Stock8,415$442.8K<0.1%+8,415NewHistory
LYFTLyft, Inc.CL A COM31,688$446.8K<0.1%+9,809+44.8%AddedHistory
QCOMQualcomm IncStock2,395$477.0K<0.1%+2,395NewHistory
HDHome Depot, Inc.Stock1,443$496.7K<0.1%−810−36.0%ReducedHistory
IEIvanhoe Electric Inc.COM55,842$523.8K<0.1%+55,842NewHistory
LRCXLam Research CorpCOM493$525.0K<0.1%−271−35.5%ReducedHistory
NUNu Holdings Ltd.ORD SHS CL A40,800$525.9K<0.1%+3,376+9.0%AddedHistory
iShares Inc46434G772MSCI TAIWAN ETF9,800$531.1K<0.1%00.0%Unchanged–
UNITUniti Group Inc.COM191,437$559.0K<0.1%+191,437NewHistory
COSTCostco Wholesale CorpStock663$563.5K<0.1%−291−30.5%ReducedHistory
PFSProvident Financial Services IncCOM45,496$652.9K<0.1%+45,496NewHistory
ARVNArvinas, Inc.COM24,752$658.9K<0.1%+24,752NewHistory
OSCROscar Health, Inc.CL A42,993$680.1K<0.1%+42,993NewHistory
OGNOrganon & Co.Stock33,643$696.4K<0.1%+33,643NewHistory
ULCCFrontier Group Holdings, Inc.COM143,106$705.5K<0.1%+6,443+4.7%AddedHistory
GMGeneral Motors CoCOM15,373$714.2K<0.1%+14,087+1,095.4%AddedHistory
Paramount Global92556H206CL B69,394$721.0K<0.1%+36,754+112.6%Added–
COLLCollegium Pharmaceutical, IncCOM22,457$723.1K<0.1%+22,457NewHistory
UGIUgi CorpStock32,827$751.7K<0.1%+32,827NewHistory
GOOGLAlphabet Inc.Stock4,174$760.3K<0.1%−1,278,762−99.7%ReducedHistory
NTLAIntellia Therapeutics, Inc.COM34,187$765.1K<0.1%+34,187NewHistory
SPBSpectrum Brands Holdings, Inc.COM8,976$771.3K<0.1%+8,976NewHistory
SABRSabre CorpCOM292,094$779.9K<0.1%+292,094NewHistory
KOSKosmos Energy Ltd.COM141,899$786.1K<0.1%−13,432−8.6%ReducedHistory
PEGAPegasystems IncCOM13,052$790.0K<0.1%+13,052NewHistory
LCIILci IndustriesCOM7,650$790.9K<0.1%+7,650NewHistory
RIOTRiot Platforms, Inc.COM86,564$791.2K<0.1%+27,922+47.6%AddedHistory
AMRXAmneal Pharmaceuticals, Inc.COM STK CL A125,732$798.4K<0.1%+125,732NewHistory
SLMSLM CorpCOM38,454$799.5K<0.1%+8,402+28.0%AddedHistory
BXMTBlackstone Mortgage Trust, Inc.COM CL A46,580$811.4K<0.1%+46,580NewHistory
LMNDLemonade, Inc.Stock49,334$814.0K<0.1%+10,200+26.1%AddedHistory
AHRTAH Realty Trust, Inc.COM73,593$816.1K<0.1%+73,593NewHistory
CLSKCleanspark, Inc.COM NEW51,238$817.2K<0.1%−29,716−36.7%ReducedHistory
GOGOGogo Inc.COM85,000$817.7K<0.1%+85,000NewHistory
DOLEDole plcORD SHS66,827$818.0K<0.1%+66,827NewHistory
INSWInternational Seaways, Inc.COM13,872$820.3K<0.1%+13,872NewHistory
RHRHCOM3,372$824.3K<0.1%+2,952+702.9%AddedHistory
RITMRithm Capital Corp.REIT76,432$833.9K<0.1%−24,358−24.2%ReducedHistory
MTTRMatterport, Inc.COM CL A188,887$844.3K<0.1%+188,887NewHistory
FTDRFrontdoor, Inc.COM24,990$844.4K<0.1%+24,990NewHistory
WLYJohn Wiley & Sons, Inc.CL A20,774$845.5K<0.1%+20,774NewHistory
ASMLASML Holding NVADR827$845.8K<0.1%+251+43.6%AddedHistory
RCUSArcus Biosciences, Inc.COM55,709$848.4K<0.1%+55,709NewHistory
JBLUJetBlue Airways CorpCOM139,349$848.6K<0.1%−22,865−14.1%ReducedHistory
BPMCBlueprint Medicines CorpCOM7,939$855.7K<0.1%+7,939NewHistory
CWTCalifornia Water Service GroupCOM17,697$858.1K<0.1%+17,697NewHistory
JBGSJBG Smith PropertiesCOM56,627$862.4K<0.1%+56,627NewHistory
ROIVRoivant Sciences Ltd.SHS81,804$864.7K<0.1%+81,804NewHistory
BMBLBumble Inc.COM CL A82,773$869.9K<0.1%+82,773NewHistory
MBINMerchants BancorpCOM21,641$877.3K<0.1%+21,641NewHistory
SPNTSiriusPoint LtdCOM72,148$880.2K<0.1%+1,904+2.7%AddedHistory
BRSLBrightstar Lottery PLCSHS USD43,076$881.3K<0.1%+43,076NewHistory
MTHMeritage Homes CORPCOM5,491$888.7K<0.1%+5,491NewHistory
CENXCentury Aluminum CoCOM53,091$889.3K<0.1%+53,091NewHistory
SYFSynchrony FinancialCOM18,887$891.3K<0.1%+18,887NewHistory
PFEPfizer IncStock31,931$893.4K<0.1%−967−2.9%ReducedHistory
HBIHanesbrands Inc.COM181,628$895.4K<0.1%+181,628NewHistory
GAPGap IncCOM37,740$901.6K<0.1%−21,386−36.2%ReducedHistory
ALEXAlexander & Baldwin, Inc.COM53,703$910.8K<0.1%+53,703NewHistory
SMCISuper Micro Computer, Inc.COM1,114$912.8K<0.1%+1,114NewHistory

Options (84)

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 Q2 2024
SecurityClassPutsCalls
NVDANVIDIA CorpStock$652.5M$12.5M
iShares Tr46428743220 YR TR BD ETF$238.6M$238.6M
Invesco QQQ Trust Series I46090E103ETF$263.5M$155.7M
AMZNAmazon Com IncStock$336.4M$8.29M
AAPLApple Inc.Stock$230.9M$12.9M
AVGOBroadcom Inc.Stock$189.5M$4.98M
State Street Utilities Select Sector SPDR ETF81369Y886ETF$52.1M$94.0M
iShares Iboxx $ Investment Grade Corporate Bond ETF464287242ETF–$144.6M
SPYSPDR S&P 500 ETF TrustETF$68.0M$27.2M
AMDAdvanced Micro Devices IncStock$83.7M$2.25M
MSFTMicrosoft CorpStock$61.8M$13.9M
iShares Tr464287234MSCI EMG MKT ETF–$58.9M
VanEck Semiconductor ETF92189F676ETF$57.4M–
DUKDuke Energy CORPStock$25.1M$25.1M
BRK.BBerkshire Hathaway IncStock$36.6M–
GOOGLAlphabet Inc.Stock$10.5M$8.01M
METAMeta Platforms, Inc.Stock$6.35M$6.45M
TSLATesla, Inc.Stock$3.54M$3.42M
COSTCostco Wholesale CorpStock$2.72M$2.63M
CPRICapri Holdings LtdSHS$4.96M–
NFLXNetflix IncStock$2.63M$2.02M
ADBEAdobe Inc.Stock$2.78M$1.61M
IPInternational Paper CoCOM–$4.32M
VanEck ETF Trust92189F106GOLD MINERS ETF–$4.07M
PEPPepsiCo IncStock$2.06M$1.85M
XUnited States Steel CorpCOM–$3.78M
QCOMQualcomm IncStock$1.71M$1.69M
TXNTexas Instruments IncStock$1.60M$1.73M
LINLinde PLCStock$1.54M$1.49M
CSCOCisco Systems, Inc.Stock$1.46M$1.46M
AMATApplied Materials IncStock$1.42M$1.39M
LLYEli Lilly & CoStock$1.27M$1.27M
HDHome Depot, Inc.Stock$1.79M$619.6K
JPMJPMorgan Chase & CoStock$1.25M$1.13M
TMUST-Mobile US, Inc.Stock$1.15M$1.15M
PGProcter & Gamble CoStock$1.37M$742.1K
INTUIntuit Inc.Stock$1.25M$854.4K
KLACKLA CorpCOM NEW$1.57M$494.7K
XOMExxonMobil Holdings CorpCOM$1.02M$1.00M
UNHUnitedHealth Group IncStock$967.6K$967.6K
ABBVAbbVie Inc.Stock$909.1K$874.8K
JNJJohnson & JohnsonStock$993.9K$672.3K
VVisa Inc.Stock$813.7K$787.4K
LRCXLam Research CorpCOM$1.06M$532.4K
WMTWalmart Inc.Stock$1.00M$541.7K
MAMastercard IncStock$705.9K$705.9K
VZVerizon Communications IncStock$853.7K$532.0K
BACBank of America CorpStock$775.5K$521.0K
AKAMAkamai Technologies IncCOM–$1.29M
MUMicron Technology IncStock$854.9K$420.9K
FCXFreeport-McMoran IncStock$349.9K$918.5K
CVXChevron CorpStock$719.5K$516.2K
CRMSalesforce, Inc.Stock$617.0K$617.0K
MRKMerck & Co., Inc.Stock$606.6K$594.2K
iShares Tr464287184CHINA LG-CAP ETF–$1.16M
RHRHCOM$1.15M–
PMPhilip Morris International Inc.Stock$678.9K$405.3K
INTCIntel CorpStock$582.2K$427.4K
KOCoca Cola CoStock$496.5K$490.1K
WDCWestern Digital CorpCOM$401.6K$522.8K
MRVLMarvell Technology, Inc.COM$293.6K$622.1K
ORCLOracle CorpStock$367.1K$522.4K
TMOThermo Fisher Scientific Inc.Stock$442.4K$442.4K
DHRDanaher CorpStock$549.7K$324.8K
WFCWells Fargo & CompanyStock$415.7K$409.8K
MCDMcDonalds CorpStock$382.3K$356.8K
DISWalt Disney CoStock$357.4K$357.4K
AMGNAmgen IncStock$374.9K$312.4K
ABTAbbott LaboratoriesStock$353.3K$332.5K
ADIAnalog Devices IncStock$410.9K$273.9K
ACNAccenture plcStock$333.8K$333.8K
CATCaterpillar IncStock$333.1K$333.1K
PFEPfizer IncStock$324.6K$327.4K
GEGeneral Electric CoStock$333.8K$317.9K
HUMHumana IncStock$597.8K–
MOAltria Group, Inc.Stock$564.8K–
MSMorgan StanleyStock$554.0K–
TAT&T Inc.Stock$496.9K–
CMCSAComcast CorpStock$489.5K–
ASMLASML Holding NVADR$409.1K–
NOWServiceNow, Inc.Stock$236.0K$157.3K
MRNAModerna, Inc.Stock$166.3K–
GMGeneral Motors CoCOM$134.7K–
CCitigroup IncStock$126.9K–

Sold out since Q1 2024 (247)

Positions held at the end of Q1 2024 that are gone from this filing.

The largest 100 of 247 by value last quarter.

Positions of Capula Management Ltd sold out since Q1 2024
SecurityClassShares in Q1 2024Value in Q1 2024% of portfolio in Q1 2024History
iShares Tr464288513IBOXX HI YD ETF2,421,168$188.2M6.4%–
UNPUnion Pacific CorpStock180,418$44.4M1.5%History
GOOGAlphabet Inc.Stock200,000$30.5M1.0%History
LYVLive Nation Entertainment, Inc.COM250,000$26.4M0.9%History
Invesco Exch Traded FD Tr II46138G508SR LN ETF1,186,000$25.1M0.8%–
GLDSPDR Gold TrustETF48,341$9.94M0.3%History
State Street Financial Select Sector SPDR ETF81369Y605ETF183,965$7.75M0.3%–
PBRPetrobras - Petroleo Brasileiro SASPONSORED ADR358,010$5.45M0.2%History
XOMExxonMobil Holdings CorpCOM46,206$5.37M0.2%History
NWLINational Western Life Group, Inc.CL A9,424$4.64M0.2%History
VNOMViper Energy, Inc.COM105,406$4.05M0.1%History
iShares Tr464287184CHINA LG-CAP ETF148,044$3.56M0.1%–
ETRNMidstream Co LLCCOM219,034$2.74M0.1%History
VanEck ETF Trust92189F106GOLD MINERS ETF78,828$2.49M0.1%–
CPTCamden Property TrustREIT15,492$1.52M0.1%History
HIIHuntington Ingalls Industries, Inc.COM5,183$1.51M0.1%History
ALLAllstate CorpStock8,623$1.49M0.1%History
PKPark Hotels & Resorts Inc.COM76,364$1.34M<0.1%History
SPDR Series Trust78464A755ST STR SP METAL21,843$1.32M<0.1%–
MCYMercury General CorpCOM21,063$1.09M<0.1%History
KALUKaiser Aluminum CorpCOM PAR $0.0111,849$1.06M<0.1%History
GESGuess IncCOM32,759$1.03M<0.1%History
CTASCintas CorpStock1,482$1.02M<0.1%History
PPLIPeople IncCOM NEW19,003$1.01M<0.1%History
MPCMarathon Petroleum CorpStock4,998$1.01M<0.1%History
BGBunge Global SACOM SHS9,820$1.01M<0.1%History
CRUSCirrus Logic, Inc.Stock10,846$1.00M<0.1%History
CLHClean Harbors IncCOM4,981$1.00M<0.1%History
CNXCNX Resources CorpCOM41,633$987.5K<0.1%History
SONOSonos IncCOM51,646$984.4K<0.1%History
ETREntergy CorpCOM9,293$982.1K<0.1%History
MAXMediaAlpha, Inc.CL A48,161$981.0K<0.1%History
KSSKOHLS CorpStock33,524$977.2K<0.1%History
BFHBread Financial Holdings, Inc.COM26,044$969.9K<0.1%History
GLNGGolar LNG LtdSHS40,273$969.0K<0.1%History
BXCBlueLinx Holdings Inc.COM NEW7,344$956.5K<0.1%History
ALPNAlpine Immune Sciences, Inc.COM23,970$950.2K<0.1%History
SUPNSupernus Pharmaceuticals, Inc.COM27,693$944.6K<0.1%History
FFord Motor CoStock70,431$935.3K<0.1%History
VIRVir Biotechnology, Inc.COM92,153$933.5K<0.1%History
EOGEOG Resources IncStock7,275$930.0K<0.1%History
JHGJanus Henderson Group Ltd.ORD SHS28,254$929.3K<0.1%History
LPGDorian LPG Ltd.SHS USD24,004$923.2K<0.1%History
MACMacerich CoCOM52,945$912.2K<0.1%History
DBRGDigitalBridge Group, Inc.CL A NEW46,886$903.5K<0.1%History
WTTRSelect Water Solutions, Inc.CL A COM97,257$897.7K<0.1%History
MMacy's, Inc.COM44,554$890.6K<0.1%History
SFLSFL Corp Ltd.SHS67,439$888.8K<0.1%History
SITCSITE Centers Corp.COM60,282$883.1K<0.1%History
BCBrunswick CorpCOM9,116$879.9K<0.1%History
CRGYCrescent Energy CoCL A COM73,661$876.6K<0.1%History
AALAmerican Airlines Group Inc.Stock57,044$875.6K<0.1%History
VCVisteon CorpCOM NEW7,392$869.4K<0.1%History
LNGCheniere Energy, Inc.COM NEW5,389$869.1K<0.1%History
MFAMfa Financial, Inc.COM76,092$868.2K<0.1%History
ANDEAndersons, Inc.COM15,028$862.2K<0.1%History
HBANHuntington Bancshares IncCOM61,661$860.2K<0.1%History
METAMeta Platforms, Inc.Stock1,713$831.8K<0.1%History
CABOCable One, Inc.COM1,933$817.9K<0.1%History
FCXFreeport-McMoran IncStock17,317$814.2K<0.1%History
KNSAKiniksa Pharmaceuticals International, plcCOM CL A41,242$813.7K<0.1%History
RHPRyman Hospitality Properties, Inc.COM7,038$813.7K<0.1%History
UAUnder Armour, Inc.CL C113,934$813.5K<0.1%History
AXAxos Financial, Inc.COM14,977$809.4K<0.1%History
NTCTNetscout Systems IncCOM36,975$807.5K<0.1%History
JANXJanux Therapeutics, Inc.COM21,352$803.9K<0.1%History
ARQTArcutis Biotherapeutics, Inc.COM79,968$792.5K<0.1%History
ROSTRoss Stores, Inc.COM5,390$791.0K<0.1%History
CARAvis Budget Group, Inc.COM6,426$786.9K<0.1%History
SHWSherwin Williams CoCOM2,257$783.9K<0.1%History
HTLDHeartland Express IncCOM65,637$783.7K<0.1%History
ACMRACM Research, Inc.Stock26,333$767.3K<0.1%History
ADTADT Inc.COM113,560$763.1K<0.1%History
CCOICogent Communications Holdings, Inc.COM NEW11,566$755.6K<0.1%History
MURMurphy Oil CorpCOM16,306$745.2K<0.1%History
MDXGMimedx Group, Inc.COM95,506$735.4K<0.1%History
XRAYDentsply Sirona Inc.Stock21,409$710.6K<0.1%History
DEDeere & CoStock1,682$690.9K<0.1%History
TRVTravelers Companies, Inc.Stock2,990$688.1K<0.1%History
EHCEncompass Health CorpCOM7,802$644.3K<0.1%History
VERVVerve Therapeutics, Inc.COM48,467$643.6K<0.1%History
ESTCElastic N.V.ORD SHS6,419$643.4K<0.1%History
AMRAlpha Metallurgical Resources, Inc.COM1,921$636.2K<0.1%History
BEAMBeam Therapeutics Inc.COM18,853$622.9K<0.1%History
CTRACoterra Energy Inc.Stock21,777$607.1K<0.1%History
AMPAmeriprise Financial IncCOM1,358$595.4K<0.1%History
ELVElevance Health, Inc.Stock1,135$588.5K<0.1%History
CBChubb LtdStock2,231$578.1K<0.1%History
OMCOmnicom Group Inc.COM5,908$571.7K<0.1%History
DKNGDraftKings Inc.Stock12,390$562.6K<0.1%History
EPREpr PropertiesCOM SH BEN INT13,250$562.5K<0.1%History
SLBSLB LimitedStock10,031$549.8K<0.1%History
CCCCCC Intelligent Solutions Holdings Inc.COM45,613$545.5K<0.1%History
VRSNVerisign IncCOM2,852$540.5K<0.1%History
PKGPackaging Corp of AmericaStock2,822$535.6K<0.1%History
WELLWelltower Inc.REIT5,627$525.8K<0.1%History
SRESempraStock7,231$519.4K<0.1%History
RNRRenaissancere Holdings LtdCOM2,193$515.4K<0.1%History
PPGPPG Industries IncStock3,527$511.1K<0.1%History
KMBKimberly Clark CorpStock3,882$502.1K<0.1%History