Capula Management Ltd Portfolio Stock Holdings
Capula Management Ltd disclosed 413 stock positions valued at approximately $11.5 billion in its latest SEC 13F filing. The largest holdings include ISHARES TR, STATE STR SPDR S&P 500 ETF T, and CLEARWATER ANALYTICS HLDGS I. The filing reflects positions held as of March 31, 2026 and was filed on May 14, 2026.
- Report Period
- March 31, 2026
- No. of Stocks
- 413
- Portfolio Value
- $11.5B
Holdings by Sector
Capula Management Ltd Portfolio Holdings in Q1 2026
394 holdings in the latest reporting period.
Page 1 of 4
| Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|
| ISHARES TR | IVV | Other | 51.82% | 9,094,984 | +8,478,226 | +1374.64% | $5,940,934,499 |
| STATE STR SPDR S&P 500 ETF T | SPY | Other | 34.94% | 6,159,222 | +497,045 | +8.78% | $4,005,588,434 |
| CLEARWATER ANALYTICS HLDGS I | CWAN | Technology | 0.55% | 2,677,322 | +2,552,962 | +2052.88% | $63,318,665 |
| NVIDIA CORPORATION | NVDA | Technology | 0.51% | 336,778 | +209,282 | +164.15% | $58,734,084 |
| AMICUS THERAPEUTIC | FOLD | Healthcare | 0.40% | 3,191,610 | +3,161,610 | +10538.70% | $46,150,680 |
| LIBERTY BROADBAND CORP | LBRDK | Communication Services | 0.37% | 838,294 | +698,149 | +498.16% | $42,166,188 |
| NORFOLK SOUTHN CORP | NSC | Industrials | 0.36% | 144,749 | +94,749 | +189.50% | $41,542,963 |
| KENVUE INC | KVUE | Consumer Defensive | 0.34% | 2,247,472 | +1,301,854 | +137.67% | $38,746,417 |
| SEALED AIR CORP NEW | SEE | Consumer Cyclical | 0.34% | 918,694 | +352,289 | +62.20% | $38,631,083 |
| VANGUARD INDEX FDS | VOO | Other | 0.34% | 64,495 | -11,839,121 | -99.46% | $38,538,987 |
| ISHARES TR | FXI | Other | 0.33% | 1,044,191 | +662,191 | +173.35% | $37,486,457 |
| HOLOGIC INC | HOLX | Healthcare | 0.31% | 465,126 | +268,942 | +137.09% | $35,158,874 |
| AES CORP | AES | Utilities | 0.30% | 2,474,180 | +2,462,833 | +21704.71% | $34,861,197 |
| CHART INDS INC | GTLS | Industrials | 0.30% | 166,320 | +166,320 | +100.00% | $34,386,660 |
| WARNER BROS DISCOVERY INC | WBD | Communication Services | 0.30% | 1,231,919 | +259,851 | +26.73% | $33,828,496 |
| PENUMBRA INC | PEN | Healthcare | 0.29% | 101,779 | +101,779 | +100.00% | $33,421,170 |
| ELECTRONIC ARTS INC | EA | Communication Services | 0.26% | 148,098 | +15,948 | +12.07% | $30,192,739 |
| DIGITALBRIDGE GROUP INC | DBRG | Real Estate | 0.22% | 1,665,769 | +1,665,769 | +100.00% | $25,686,158 |
| MASIMO CORP | MASI | Healthcare | 0.22% | 142,800 | +142,800 | +100.00% | $25,399,836 |
| ISHARES TR | IWM | Other | 0.20% | 91,315 | +91,315 | +100.00% | $22,646,120 |
| CSG SYS INTL INC | CSGS | Technology | 0.18% | 257,088 | +257,088 | +100.00% | $20,551,615 |
| SUN CTRY AIRLS HLDGS INC | SNCY | Industrials | 0.18% | 1,218,670 | +1,218,670 | +100.00% | $20,132,428 |
| INVESCO QQQ TR | QQQ | Other | 0.17% | 33,752 | -42,843 | -55.93% | $19,480,979 |
| MICROSOFT CORP | MSFT | Technology | 0.17% | 52,158 | +48,387 | +1283.13% | $19,307,326 |
| AMAZON COM INC | AMZN | Consumer Cyclical | 0.17% | 91,529 | +85,683 | +1465.67% | $19,062,746 |
| TESLA INC | TSLA | Consumer Cyclical | 0.16% | 49,824 | -2,310 | -4.43% | $18,522,071 |
| COTERRA ENERGY INC | CTRA | Energy | 0.13% | 412,352 | +412,352 | +100.00% | $14,490,049 |
| ALIBABA GROUP HLDG LTD | BABA | Consumer Cyclical | 0.13% | 114,546 | -697,270 | -85.89% | $14,370,940 |
| TRI POINTE HOMES INC | TPH | Consumer Cyclical | 0.12% | 294,100 | +294,100 | +100.00% | $13,743,293 |
| APPLE INC | AAPL | Technology | 0.11% | 50,323 | +40,580 | +416.50% | $12,771,474 |
| BROADCOM INC | AVGO | Technology | 0.10% | 37,485 | +35,038 | +1431.88% | $11,601,984 |
| JANUS HENDERSON GROUP PLC | JHG | Other | 0.10% | 225,417 | +225,417 | +100.00% | $11,579,671 |
| PPL CORP | PPL | Utilities | 0.10% | 450,000 | +450,000 | +100.00% | $11,485,698 |
| PEAKSTONE REALTY TRUST | PKST | Real Estate | 0.10% | 531,511 | +531,511 | +100.00% | $11,103,265 |
| WEBSTER FINL CORP | WBS | Financial Services | 0.09% | 145,990 | +145,990 | +100.00% | $10,134,625 |
| INTERNATIONAL MONEY EXPRESS | IMXI | Technology | 0.09% | 630,191 | +630,191 | +100.00% | $9,957,018 |
| ENHABIT INC | EHAB | Healthcare | 0.08% | 645,000 | +645,000 | +100.00% | $9,088,050 |
| ALPHABET INC | GOOGL | Communication Services | 0.08% | 30,791 | -175,131 | -85.05% | $8,854,260 |
| KRANESHARES TRUST | KWEB | Other | 0.07% | 297,080 | +294,952 | +13860.53% | $8,445,984 |
| ISHARES TR | EFA | Other | 0.07% | 79,930 | +79,930 | +100.00% | $7,763,601 |
| ISHARES TR | LQD | Other | 0.07% | 69,044 | +69,044 | +100.00% | $7,525,106 |
| META PLATFORMS INC | META | Communication Services | 0.07% | 13,079 | +9,425 | +257.94% | $7,482,888 |
| MICRON TECHNOLOGY INC | MU | Technology | 0.06% | 21,845 | +14,761 | +208.37% | $7,380,115 |
| SELECT SECTOR SPDR TR | XLC | Other | 0.06% | 65,292 | +65,292 | +100.00% | $7,238,271 |
| ISHARES TR | HYG | Other | 0.06% | 89,555 | +89,555 | +100.00% | $7,124,996 |
| FERGUSON ENTERPRISES INC | FERG | Industrials | 0.06% | 30,461 | +30,461 | +100.00% | $7,105,333 |
| ALPHABET INC | GOOG | Communication Services | 0.06% | 24,039 | +24,039 | +100.00% | $6,895,828 |
| TERNS PHARMACEUTICALS INC | TERN | Healthcare | 0.06% | 120,976 | +120,976 | +100.00% | $6,377,855 |
| SHARKNINJA INC | SN | Other | 0.06% | 59,973 | +59,973 | +100.00% | $6,351,141 |
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | Technology | 0.05% | 17,984 | +17,984 | +100.00% | $6,077,692 |
| SEMRUSH HLDGS INC | SEMR | Technology | 0.05% | 488,521 | +393,831 | +415.92% | $5,832,941 |
| ZIM INTEGRATED SHIPPING SERV | M9T951109 | Other | 0.05% | 206,368 | +206,368 | +100.00% | $5,437,797 |
| VALARIS LTD | VAL | Energy | 0.05% | 55,415 | +55,415 | +100.00% | $5,432,887 |
| MARVELL TECHNOLOGY INC | MRVL | Technology | 0.04% | 52,013 | -72,321 | -58.17% | $5,151,888 |
| SANDISK CORP | SNDK | Other | 0.04% | 7,700 | +6,706 | +674.65% | $4,892,118 |
| UNDER ARMOUR INC | UAA | Consumer Cyclical | 0.04% | 749,640 | +749,640 | +100.00% | $4,430,373 |
| ALNYLAM PHARMACEUTICALS INC | ALNY | Healthcare | 0.04% | 13,115 | -66 | -0.50% | $4,339,360 |
| NEWS CORP NEW | NWSA | Communication Services | 0.04% | 169,482 | -91,535 | -35.07% | $4,225,186 |
| SHOPIFY INC | SHOP | Technology | 0.04% | 34,189 | +21,830 | +176.63% | $4,055,499 |
| SPDR SERIES TRUST | KRE | Other | 0.03% | 61,536 | +61,536 | +100.00% | $4,009,071 |
| COEUR MNG INC | CDE | Basic Materials | 0.03% | 213,088 | +40,981 | +23.81% | $3,999,662 |
| HEICO CORP NEW | HEI-A | Industrials | 0.03% | 18,716 | +18,716 | +100.00% | $3,950,760 |
| ALLISON TRANSMISSION HLDGS I | ALSN | Consumer Cyclical | 0.03% | 33,692 | +33,692 | +100.00% | $3,943,986 |
| CREDO TECHNOLOGY GROUP HOLDI | G25457105 | Other | 0.03% | 38,073 | +38,073 | +100.00% | $3,573,913 |
| MISSION PRODUCE INC | AVO | Consumer Defensive | 0.03% | 258,000 | +258,000 | +100.00% | $3,550,080 |
| INTEL CORP | INTC | Technology | 0.03% | 79,221 | +78,932 | +27312.11% | $3,496,022 |
| HOME DEPOT INC | HD | Consumer Cyclical | 0.03% | 10,535 | +6,607 | +168.20% | $3,464,856 |
| SELECT MED HLDGS CORP | SEM | Healthcare | 0.03% | 206,810 | +206,810 | +100.00% | $3,368,935 |
| ASML HLDG NV | ASML | Other | 0.03% | 2,539 | +2,539 | +100.00% | $3,353,587 |
| SPDR SERIES TRUST | XBI | Other | 0.03% | 25,933 | +18,609 | +254.08% | $3,312,422 |
| ELI LILLY & CO | LLY | Healthcare | 0.03% | 3,499 | +3,146 | +891.22% | $3,218,276 |
| PALANTIR TECHNOLOGIES INC | PLTR | Technology | 0.03% | 21,638 | +19,344 | +843.24% | $3,165,206 |
| ORACLE CORP | ORCL | Technology | 0.03% | 21,032 | +17,827 | +556.22% | $3,094,018 |
| ROKU INC | ROKU | Communication Services | 0.03% | 32,690 | +32,690 | +100.00% | $3,093,128 |
| JPMORGAN CHASE & CO | JPM | Financial Services | 0.03% | 10,401 | +5,603 | +116.78% | $3,059,558 |
| APPLIED MATLS INC | AMAT | Technology | 0.03% | 8,947 | +8,033 | +878.88% | $3,057,995 |
| AXIS CAP HLDGS LTD | G0692U109 | Other | 0.03% | 29,685 | +29,685 | +100.00% | $3,010,356 |
| CONSTELLATION ENERGY CORP | CEG | Utilities | 0.03% | 10,760 | -114,240 | -91.39% | $3,004,730 |
| LAM RESEARCH CORP | LRCX | Other | 0.03% | 13,964 | +13,964 | +100.00% | $2,983,548 |
| LAUREATE ED INC | LAUR | Consumer Defensive | 0.02% | 81,884 | +81,884 | +100.00% | $2,852,839 |
| ADVANCED MICRO DEVICES INC | AMD | Technology | 0.02% | 13,870 | +13,870 | +100.00% | $2,821,575 |
| CLOUDFLARE INC | NET | Technology | 0.02% | 13,526 | +6,662 | +97.06% | $2,790,955 |
| HUBSPOT INC | HUBS | Technology | 0.02% | 11,027 | +11,027 | +100.00% | $2,691,691 |
| SALESFORCE INC | CRM | Technology | 0.02% | 14,055 | +12,508 | +808.53% | $2,623,647 |
| TALKSPACE INC | TALK | Healthcare | 0.02% | 500,000 | +500,000 | +100.00% | $2,587,500 |
| RITHM CAPITAL CORP | RITM | Real Estate | 0.02% | 272,699 | +272,699 | +100.00% | $2,585,187 |
| SYNOPSYS INC | SNPS | Technology | 0.02% | 6,517 | +6,465 | +12432.69% | $2,583,860 |
| ASTERA LABS INC | ALAB | Technology | 0.02% | 23,571 | +18,529 | +367.49% | $2,583,382 |
| ATLANTA BRAVES HLDGS INC | BATRK | Communication Services | 0.02% | 58,641 | +58,641 | +100.00% | $2,503,971 |
| GARRETT MOTION INC | GTX | Consumer Cyclical | 0.02% | 137,043 | +137,043 | +100.00% | $2,490,071 |
| LIBERTY GLOBAL LTD | LBTYK | Other | 0.02% | 210,109 | +167,080 | +388.30% | $2,464,579 |
| KLA CORP | KLAC | Technology | 0.02% | 1,660 | +1,434 | +634.51% | $2,444,201 |
| VISA INC | V | Financial Services | 0.02% | 7,969 | +6,668 | +512.53% | $2,408,550 |
| ZILLOW GROUP INC | Z | Communication Services | 0.02% | 57,352 | +54,211 | +1725.92% | $2,373,226 |
| SAMSARA INC | IOT | Technology | 0.02% | 74,267 | +74,267 | +100.00% | $2,353,521 |
| LENNAR CORP | LEN | Consumer Cyclical | 0.02% | 27,050 | +27,050 | +100.00% | $2,349,022 |
| LAZARD INC | LAZ | Financial Services | 0.02% | 55,093 | +55,093 | +100.00% | $2,340,351 |
| CANADIAN NAT RES LTD MED TER | CNQ | Energy | 0.02% | 48,008 | +48,008 | +100.00% | $2,339,430 |
| APELLIS PHARMACEUTICALS INC | APLS | Healthcare | 0.02% | 56,266 | +56,266 | +100.00% | $2,263,581 |
| TEXAS INSTRS INC | TXN | Technology | 0.02% | 11,398 | +9,733 | +584.56% | $2,212,808 |
Capula Management Ltd Options Holdings in Q1 2026
618 options positions in the latest reporting period.
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| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2026 | TSLA | Tesla, Inc. | CALL | 705,800 | $262,381,150 |
| Q1 2026 | NVDA | NVIDIA Corporation | PUT | 1,182,800 | $206,280,320 |
| Q1 2026 | QQQ | Invesco QQQ Trust, Series 1 | PUT | 343,300 | $198,145,894 |
| Q1 2026 | IWM | iShares Russell 2000 ETF | PUT | 583,600 | $144,732,800 |
| Q1 2026 | META | Meta Platforms, Inc. | PUT | 181,400 | $103,784,382 |
| Q1 2026 | FXI | iShares China Large-Cap ETF | PUT | 2,006,200 | $72,022,580 |
| Q1 2026 | IWM | iShares Russell 2000 ETF | CALL | 244,000 | $60,512,000 |
| Q1 2026 | TSLA | Tesla, Inc. | PUT | 143,200 | $53,234,600 |
| Q1 2026 | AMZN | Amazon.com, Inc. | PUT | 252,400 | $52,567,348 |
| Q1 2026 | AAPL | Apple Inc. | PUT | 206,500 | $52,407,635 |
| Q1 2026 | EEM | iShares MSCI Emerging Index Fun | PUT | 875,500 | $49,719,645 |
| Q1 2026 | QQQ | Invesco QQQ Trust, Series 1 | CALL | 82,600 | $47,675,068 |
| Q1 2026 | SPY | SPDR S&P 500 | PUT | 69,100 | $44,938,494 |
| Q1 2026 | MSFT | Microsoft Corporation | PUT | 119,100 | $44,087,247 |
| Q1 2026 | SPY | SPDR S&P 500 | CALL | 64,400 | $41,881,896 |
| Q1 2026 | SMH | VanEck Semiconductor ETF | CALL | 100,000 | $38,340,000 |
| Q1 2026 | AVGO | Broadcom Inc. | PUT | 102,300 | $31,662,873 |
| Q1 2026 | GOOGL | Alphabet Inc. | PUT | 109,100 | $31,372,796 |
| Q1 2026 | AMAT | Applied Materials, Inc. | PUT | 80,800 | $27,616,632 |
| Q1 2026 | XLC | The Communication Services Sele | PUT | 181,900 | $20,165,434 |
| Q1 2026 | EFA | iShares MSCI EAFE ETF | PUT | 195,300 | $18,969,489 |
| Q1 2026 | TSM | Taiwan Semiconductor Manufactur | PUT | 51,000 | $17,235,450 |
| Q1 2026 | PLTR | Palantir Technologies Inc. | PUT | 115,400 | $16,880,712 |
| Q1 2026 | KWEB | KraneShares Trust KraneShares C | PUT | 577,200 | $16,409,796 |
| Q1 2026 | IGV | iShares Expanded Tech-Software | CALL | 204,400 | $16,362,220 |
| Q1 2026 | PDD | PDD Holdings Inc. | PUT | 152,000 | $15,531,360 |
| Q1 2026 | GOOG | Alphabet Inc. | PUT | 51,300 | $14,715,918 |
| Q1 2026 | JPM | JP Morgan Chase & Co. | PUT | 43,600 | $12,825,376 |
| Q1 2026 | MU | Micron Technology, Inc. | PUT | 36,100 | $12,196,024 |
| Q1 2026 | AMD | Advanced Micro Devices, Inc. | PUT | 59,000 | $12,002,370 |
| Q1 2026 | AAPL | Apple Inc. | CALL | 45,000 | $11,420,550 |
| Q1 2026 | XLE | SPDR Select Sector Fund - Energ | CALL | 180,000 | $11,026,800 |
| Q1 2026 | FXI | iShares China Large-Cap ETF | CALL | 295,700 | $10,615,630 |
| Q1 2026 | HD | Home Depot, Inc. (The) | PUT | 31,500 | $10,360,035 |
| Q1 2026 | M9T951109 | ZIM | CALL | 388,400 | $10,234,340 |
| Q1 2026 | KRE | SPDR S&P Regional Banking ETF | CALL | 150,000 | $9,772,500 |
| Q1 2026 | NVDA | NVIDIA Corporation | CALL | 55,500 | $9,679,200 |
| Q1 2026 | LLY | Eli Lilly and Company | PUT | 10,500 | $9,657,585 |
| Q1 2026 | ORCL | Oracle Corporation | PUT | 64,300 | $9,459,173 |
| Q1 2026 | MSFT | Microsoft Corporation | CALL | 24,900 | $9,217,233 |
| Q1 2026 | COST | Costco Wholesale Corporation | PUT | 9,200 | $9,167,156 |
| Q1 2026 | GOOGL | Alphabet Inc. | CALL | 31,700 | $9,115,652 |
| Q1 2026 | ASML | ASML | PUT | 6,700 | $8,849,561 |
| Q1 2026 | BABA | Alibaba Group Holding Limited | PUT | 70,500 | $8,844,930 |
| Q1 2026 | LRCX | Lam Research | PUT | 41,300 | $8,824,158 |
| Q1 2026 | XOM | Exxon Mobil Corporation | PUT | 49,400 | $8,381,204 |
| Q1 2026 | INTC | Intel Corporation | PUT | 187,600 | $8,278,788 |
| Q1 2026 | KLAC | KLA Corporation | PUT | 5,400 | $7,951,014 |
| Q1 2026 | XBI | SPDR Series Trust SPDR S&P Bio | PUT | 61,400 | $7,842,622 |
| Q1 2026 | ADI | Analog Devices, Inc. | PUT | 24,400 | $7,762,616 |
| Q1 2026 | TXN | Texas Instruments Incorporated | PUT | 39,600 | $7,687,944 |
| Q1 2026 | WMT | Walmart Inc. | PUT | 60,000 | $7,456,800 |
| Q1 2026 | CVX | Chevron Corporation | PUT | 34,800 | $7,200,120 |
| Q1 2026 | JNJ | Johnson & Johnson | PUT | 29,200 | $7,137,648 |
| Q1 2026 | CEG | Constellation Energy Corporatio | PUT | 24,500 | $6,841,625 |
| Q1 2026 | V | Visa Inc. | PUT | 21,500 | $6,498,160 |
| Q1 2026 | MCD | McDonald's Corporation | PUT | 20,500 | $6,371,195 |
| Q1 2026 | CSCO | Cisco Systems, Inc. | PUT | 75,600 | $5,865,804 |
| Q1 2026 | SNPS | Synopsys, Inc. | PUT | 14,400 | $5,709,312 |
| Q1 2026 | CRM | Salesforce, Inc. | PUT | 29,500 | $5,506,765 |
| Q1 2026 | MA | Mastercard Incorporated | PUT | 10,900 | $5,446,294 |
| Q1 2026 | ABBV | AbbVie Inc. | PUT | 25,000 | $5,437,250 |
| Q1 2026 | KRE | SPDR S&P Regional Banking ETF | PUT | 82,100 | $5,348,815 |
| Q1 2026 | QCOM | QUALCOMM Incorporated | PUT | 41,100 | $5,292,858 |
| Q1 2026 | TJX | TJX Companies, Inc. (The) | PUT | 32,800 | $5,238,160 |
| Q1 2026 | LOW | Lowe's Companies, Inc. | PUT | 20,000 | $4,725,600 |
| Q1 2026 | BP | BP p.l.c. | CALL | 100,000 | $4,700,000 |
| Q1 2026 | MRVL | Marvell Technology, Inc. | PUT | 46,100 | $4,566,205 |
| Q1 2026 | GEV | GE Vernova Inc. | PUT | 5,200 | $4,539,080 |
| Q1 2026 | META | Meta Platforms, Inc. | CALL | 7,800 | $4,462,614 |
| Q1 2026 | XLV | SPDR Select Sector Fund - Healt | PUT | 30,100 | $4,412,961 |
| Q1 2026 | CRWD | CrowdStrike Holdings, Inc. | PUT | 11,200 | $4,372,592 |
| Q1 2026 | BA | Boeing Company (The) | PUT | 21,800 | $4,338,854 |
| Q1 2026 | BHF | Brighthouse Financial, Inc. | CALL | 70,800 | $4,239,504 |
| Q1 2026 | BMY | Bristol-Myers Squibb Company | PUT | 67,000 | $4,063,550 |
| Q1 2026 | PG | Procter & Gamble Company (The) | PUT | 28,000 | $4,044,320 |
| Q1 2026 | CAT | Caterpillar, Inc. | PUT | 5,600 | $3,967,376 |
| Q1 2026 | AVGO | Broadcom Inc. | CALL | 12,600 | $3,899,826 |
| Q1 2026 | PANW | Palo Alto Networks, Inc. | PUT | 24,200 | $3,879,744 |
| Q1 2026 | INTU | Intuit Inc. | PUT | 8,900 | $3,848,182 |
| Q1 2026 | NFLX | Netflix, Inc. | PUT | 38,800 | $3,730,620 |
| Q1 2026 | BAC | Bank of America Corporation | PUT | 75,600 | $3,685,500 |
| Q1 2026 | DUK | Duke Energy Corporation (Holdin | PUT | 28,000 | $3,666,320 |
| Q1 2026 | AMZN | Amazon.com, Inc. | CALL | 17,600 | $3,665,552 |
| Q1 2026 | APP | Applovin Corporation | PUT | 9,200 | $3,661,600 |
| Q1 2026 | SLV | iShares Silver Trust | PUT | 53,400 | $3,638,676 |
| Q1 2026 | CDNS | Cadence Design Systems, Inc. | PUT | 12,700 | $3,528,949 |
| Q1 2026 | EXC | Exelon Corporation | PUT | 71,900 | $3,524,538 |
| Q1 2026 | DE | Deere & Company | PUT | 6,200 | $3,492,460 |
| Q1 2026 | GE | GE Aerospace | PUT | 12,100 | $3,433,617 |
| Q1 2026 | JPM | JP Morgan Chase & Co. | CALL | 11,600 | $3,412,256 |
| Q1 2026 | SO | Southern Company (The) | PUT | 33,500 | $3,233,420 |
| Q1 2026 | BIDU | Baidu, Inc. | PUT | 28,800 | $3,208,896 |
| Q1 2026 | ADBE | Adobe Inc. | PUT | 13,000 | $3,160,040 |
| Q1 2026 | C | Citigroup, Inc. | PUT | 27,600 | $3,130,116 |
| Q1 2026 | XLP | SPDR Select Sector Fund - Consu | PUT | 38,100 | $3,123,438 |
| Q1 2026 | SBUX | Starbucks Corporation | PUT | 33,400 | $2,992,306 |
| Q1 2026 | COST | Costco Wholesale Corporation | CALL | 3,000 | $2,989,290 |
| Q1 2026 | PLD | Prologis, Inc. | PUT | 22,200 | $2,934,396 |
| Q1 2026 | CVX | Chevron Corporation | CALL | 13,600 | $2,813,840 |
Notional value represents the total exposure of the options position.