Brevan Howard Capital Management LP

Alan Howard

New IVV and exited PDD in Q2 2026.

$13.5B in this filing2030 positions

Holdings as of Jun 30, 2026. Filed Aug 14, 2026.

47% of this filing is options. Leveraged positions can change sharply; moves since Jun 30, 2026 are not reflected.

Stocks and funds

1IVViShares TR12.63%
$898.2M - 1.2M sharesNEW

#	Stock				At Jun 30	Now
1	IVViShares TR	12.63%	$898.2M	NEW	$746.84	-

Options positions116 positions (44 puts, 72 calls) - $6.4B. Priced off the underlying stock - 13F never discloses strike or premium.

1QQQ callsInvesco QQQ TR7.69%
$491.3M - 667K sharesNEW
2TLT putsiShares TR7.21%
$461.1M - 5.3M sharesNEW

#	Stock				At Jun 30	Now
1	QQQ callsInvesco QQQ TR	7.69%	$491.3M	NEW	$736.40	$740.38 +0.5%
2	TLT putsiShares TR	7.21%	$461.1M	NEW	$86.42	-

2,027 more on a paid plan

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What is missing

Top 10 concentration: 29%. This filing does not include cash, short positions, private investments, bonds, or many overseas holdings. Next filing due ~Nov 14, 2026.

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