Capula Management Ltd

Yan Huo

New WDC and exited CWAN in Q2 2026.

$28.0B in this filing700 positions

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

Stocks and funds

1IVViShares TR65.97%
$15.0B - 20.1M shares+120.5%
2SPYState STR SPDR S&P 500 Etf15.08%
$3.4B - 4.6M shares-25.4%

#	Stock				At Jun 30	Now
1	IVViShares TR	65.97%	$15.0B	+120.5%	$748.89	-
2	SPYState STR SPDR S&P 500 Etf	15.08%	$3.4B	-25.4%	$746.77	$767.50 +2.8%

Options positions397 positions (226 puts, 171 calls) - $5.2B. Priced off the underlying stock - 13F never discloses strike or premium.

1QQQ putsInvesco QQQ TR7.25%
$378.3M - 514K shares+38.5%

#	Stock				At Jun 30	Now
1	QQQ putsInvesco QQQ TR	7.25%	$378.3M	+38.5%	$736.40	$739.43 +0.4%

697 more on a paid plan

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What is missing

Top 10 concentration: 73%. 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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