Brevan Howard Capital Management: 13F holdings, Q2 2026
lch_top20 · SEC EDGAR filings (CIK 0001512857) · Explore on the interactive board
Brevan Howard Capital Management disclosed 1914 US equity positions worth $7.1bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is IVV at 12.6% of the reported book, followed by IBIT, AAPL. The top ten holdings are 29.7% of the book, and the portfolio behaves like about 48 equal-weight positions. Versus the prior filing it opened 527 new positions, added to 696, reduced 672 and exited 25.
What does Brevan Howard Capital Management own? Top holdings as of June 30, 2026
Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 527 new, 696 added, 672 reduced, 25 exited.
| # | Stock | Sector | Weight | Value | Shares | Δ shares | Action |
|---|---|---|---|---|---|---|---|
| 1 | IVV ISHARES TR | 12.6% | $898.2m | 1,202,676 | – | new | |
| 2 | IBIT ISHARES BITCOIN TRUST ETF | 3.4% | $239.9m | 7,205,004 | -70% | reduced | |
| 3 | AAPL APPLE INC | Technology | 2.4% | $168.7m | 583,127 | 285% | added |
| 4 | MSFT MICROSOFT CORP | Technology | 2.2% | $156.1m | 418,592 | -74% | reduced |
| 5 | KRE SPDR SERIES TRUST | 2.1% | $148.1m | 1,978,054 | 12702% | added | |
| 6 | NVDA NVIDIA CORPORATION | Technology | 1.8% | $131.6m | 657,548 | -78% | reduced |
| 7 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.8% | $126.4m | 217,647 | 2194% | added |
| 8 | LLY ELI LILLY & CO | Healthcare | 1.3% | $92.5m | 77,094 | 350% | added |
| 9 | AMZN AMAZON COM INC | Consumer Cyclical | 1.2% | $83.0m | 348,404 | 373% | added |
| 10 | CVX CHEVRON CORPORATION | Energy | 0.9% | $67.1m | 404,553 | 316% | added |
| 11 | SNDK SANDISK CORP | Technology | 0.8% | $57.8m | 25,408 | -81% | reduced |
| 12 | BE BLOOM ENERGY CORP | Industrials | 0.8% | $57.1m | 196,567 | 921% | added |
| 13 | XLY SELECT SECTOR SPDR TR | 0.8% | $56.6m | 482,681 | 109% | added | |
| 14 | MU MICRON TECHNOLOGY INC | Technology | 0.7% | $46.8m | 40,561 | -82% | reduced |
| 15 | TSLA TESLA INC | Consumer Cyclical | 0.6% | $45.9m | 109,058 | -90% | reduced |
| 16 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.5% | $36.8m | 36,298 | 845% | added |
| 17 | NIOCORP DEVS LTD | 0.5% | $34.1m | 7,075,000 | 9% | added | |
| 18 | TMUS T-MOBILE US INC | Communication Services | 0.5% | $32.3m | 192,627 | 120% | added |
| 19 | NET CLOUDFLARE INC | 0.5% | $32.2m | 25,000,000 | 25% | added | |
| 20 | ALIBABA GROUP HLDG LTD | 0.4% | $31.3m | 26,600,000 | -29% | reduced | |
| 21 | WMT WALMART INC | Consumer Defensive | 0.4% | $30.5m | 269,063 | 86% | added |
| 22 | ABBV ABBVIE INC | Healthcare | 0.4% | $29.0m | 115,264 | 57% | added |
| 23 | TLT ISHARES TR | 0.4% | $28.0m | 323,830 | -88% | reduced | |
| 24 | C CITIGROUP INC | Financial Services | 0.4% | $27.7m | 196,119 | 40% | added |
| 25 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.4% | $26.8m | 53,556 | 206% | added | |
| 26 | HOOD ROBINHOOD MKTS INC | Financial Services | 0.4% | $26.6m | 265,119 | 32% | added |
| 27 | EXMOC EXXON MOBIL CORP | 0.4% | $26.6m | 194,607 | 63% | added | |
| 28 | STRL STERLING INFRASTRUCTURE INC | Industrials | 0.4% | $26.4m | 31,476 | 3206% | added |
| 29 | BAC BANK OF AMER CORP | Financial Services | 0.4% | $26.4m | 463,648 | 159% | added |
| 30 | MKSI MKS INC. | Technology | 0.4% | $25.9m | 58,288 | 604% | added |
| 31 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 0.4% | $25.6m | 41,535 | 335% | added |
| 32 | EA ELECTRONIC ARTS INC | Communication Services | 0.4% | $25.1m | 122,639 | -5% | reduced |
| 33 | CYBERARK SOFTWARE LTD | 0.3% | $24.7m | 15,000,000 | – | new | |
| 34 | META META PLATFORMS INC | Communication Services | 0.3% | $24.6m | 43,649 | -79% | reduced |
| 35 | CNP CENTERPOINT ENERGY INC | 0.3% | $24.3m | 20,000,000 | 0% | held | |
| 36 | CAH CARDINAL HEALTH INC | Healthcare | 0.3% | $24.1m | 101,388 | 609% | added |
| 37 | CME CME GROUP INC | Financial Services | 0.3% | $23.6m | 107,048 | 4% | added |
| 38 | MTSI MACOM TECH SOLUTIONS HLDGS I | Technology | 0.3% | $23.6m | 61,932 | – | new |
| 39 | CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 0.3% | $23.4m | 85,961 | 1157% | added |
| 40 | FLAGSTAR BANK NATIONAL ASSOC | 0.3% | $23.3m | 1,559,228 | 10708% | added | |
| 41 | ATI ATI INC | Industrials | 0.3% | $23.2m | 117,553 | 87% | added |
| 42 | GOOGL ALPHABET INC | Communication Services | 0.3% | $22.6m | 63,194 | -22% | reduced |
| 43 | WWD WOODWARD INC | Industrials | 0.3% | $22.4m | 52,661 | 71% | added |
| 44 | GLOBAL PMTS INC | 0.3% | $22.3m | 25,000,000 | -7% | reduced | |
| 45 | COST COSTCO WHOLESALE CORPORATION | Consumer Defensive | 0.3% | $22.3m | 23,800 | 1% | added |
| 46 | AVGO BROADCOM INC | Technology | 0.3% | $21.6m | 57,290 | 172% | added |
| 47 | PINNACLE WEST CAP CORP | 0.3% | $21.6m | 18,000,000 | 44% | added | |
| 48 | NVT NVENT ELEC PLC | Industrials | 0.3% | $21.4m | 126,407 | 683% | added |
| 49 | CVBF CVB FINL CORP | Financial Services | 0.3% | $21.4m | 950,000 | 6% | added |
| 50 | DBX DROPBOX INC | 0.3% | $20.2m | 20,000,000 | – | new |
What did Brevan Howard Capital Management sell? Positions exited since the previous filing
| Stock | Prior weight | Prior value |
|---|---|---|
| FXI ISHARES TR | 18.3% | $216.5m |
| GLD SPDR GOLD TR | 15.6% | $184.0m |
| GDX VANECK ETF TRUST | 3.9% | $45.6m |
| EVRG EVERGY INC | 2.8% | $33.5m |
| EEM ISHARES TR | 2.7% | $31.6m |
| SNOW SNOWFLAKE INC | 2.6% | $30.2m |
| FTI TECHNIPFMC PLC | 2.4% | $28.9m |
| ON ON SEMICONDUCTOR CORP | 1.5% | $17.4m |
| FE FIRSTENERGY CORP | 1.4% | $16.3m |
| UUUU ENERGY FUELS INC | 1.0% | $12.2m |
| DUKE ENERGY CORP NEW | 0.9% | $11.0m |
| NBIS NEBIUS GROUP N.V. | 0.9% | $10.3m |
| SII SPROTT INC | 0.8% | $9.8m |
| HBM HUDBAY MINERALS INC | 0.7% | $7.8m |
| OPEN OPENDOOR TECHNOLOGIES INC | 0.7% | $7.7m |
| BBD BANCO BRADESCO S A | 0.6% | $7.6m |
| VZLA VIZSLA SILVER CORP | 0.6% | $7.5m |
| BHF BRIGHTHOUSE FINL INC | 0.6% | $7.2m |
| BITFARMS LTD | 0.6% | $6.8m |
| ONDS ONDAS INC | 0.6% | $6.7m |
| DD DUPONT DE NEMOURS INC | 0.5% | $6.5m |
| TIGO MILLICOM INTL CELLULAR S A | 0.5% | $6.3m |
| GEV GE VERNOVA INC | 0.5% | $6.3m |
| ELBIT SYS LTD | 0.5% | $6.3m |
| SUNB SUNBELT RENTALS HOLDINGS INC | 0.5% | $6.1m |
Sector mix
| Sector | Weight |
|---|---|
| Technology | 19.7% |
| Financial Services | 10.7% |
| Industrials | 9.6% |
| Healthcare | 8.3% |
| Consumer Cyclical | 6.7% |
| Energy | 3.4% |
Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.
Filing history
How concentrated is Brevan Howard Capital Management's portfolio?
Across every quarter Brevan Howard Capital Management has filed, its median largest position is 11.0% of the book and its median top-ten weight is 36.6%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 615 completed holding spells, the median lasted 1.0 quarters; 1909 positions are still open and their final length is unknown.