What stocks does Yan Huo own?

As of Q2 2026, Capula Investment Management reported 700 positions with a combined 13F value of $28.0B. Its largest stock positions are IVV ($15.0B) and SPY ($3.4B).

How often does Capula Investment Management update its portfolio?

Capula Investment Management files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.

What does Capula Investment Management's 13F leave out?

A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.

Where does Capula Investment Management's portfolio data come from?

From the 13F filings Capula Investment Management makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.

Smart money

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

Share change vs Mar 31

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	$778.05 +4.2%

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

Share change vs Mar 31

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	$743.57 +1.0%

697 more on a paid plan

Unlock the full portfolio and quarterly changes.

Unlock all 697 holdings

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 16, 2026.

Disclosed changes

Q2 2026 holdings. Exact trade dates are not disclosed.

Common questions

What stocks does Yan Huo own?: As of Q2 2026, Capula Investment Management reported 700 positions with a combined 13F value of $28.0B. Its largest stock positions are IVV ($15.0B) and SPY ($3.4B).
How often does Capula Investment Management update its portfolio?: Capula Investment Management files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.
What does Capula Investment Management's 13F leave out?: A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.
Where does Capula Investment Management's portfolio data come from?: From the 13F filings Capula Investment Management makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.

Smart money

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

Share change vs Mar 31

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	$778.05 +4.2%

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

Share change vs Mar 31

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	$743.57 +1.0%

697 more on a paid plan

Unlock the full portfolio and quarterly changes.

Unlock all 697 holdings

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 16, 2026.

Disclosed changes

Q2 2026 holdings. Exact trade dates are not disclosed.

Common questions

What stocks does Yan Huo own?: As of Q2 2026, Capula Investment Management reported 700 positions with a combined 13F value of $28.0B. Its largest stock positions are IVV ($15.0B) and SPY ($3.4B).
How often does Capula Investment Management update its portfolio?: Capula Investment Management files a 13F with the SEC every quarter, due 45 days after quarter end. The latest covers Q2 2026 and was filed Aug 14, 2026. The next one is due by Nov 16, 2026.
What does Capula Investment Management's 13F leave out?: A 13F lists long positions in US-listed stocks and some options held on the last day of a quarter. It leaves out short positions, most bonds, holdings not listed in the US and anything bought or sold since the quarter ended.
Where does Capula Investment Management's portfolio data come from?: From the 13F filings Capula Investment Management makes to the SEC, available on EDGAR. Each quarter shows how positions changed from the one before.