WhaleCreep

Brevan Howard Capital Management LP 13F holdings, Q2 2026

Hedge fundSEC filingsCompare with another fundHoldings as of 2026-06-30, filed 2026-08-14

Brevan Howard Capital Management LP disclosed 1908 US equity positions worth $7.1bn in its Q2 2026 13F filing. Its largest position is IVV at 12.6% of the reported book, followed by IBIT and AAPL. Versus Q1 2026 it opened 517 new positions, added to 696, reduced 676 and exited 615.

$7.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
1,908
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.6%
Largest position
The largest single position as a share of the reported equity book.
29.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
48
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
40
Quarters on file since Q3 2013
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2026: 517 new, 696 added, 676 reduced, 615 exited

50 of 1,908
IVV ISHARES TR–12.6%$898m1.20m–new
IBIT ISHARES BITCOIN TRUST ETF–3.4%$240m7.21m−70%reduced
AAPL APPLE INCTechnology2.4%$169m583,127+285%added
MSFT MICROSOFT CORPTechnology2.2%$156m418,592−74%reduced
KRE SPDR SERIES TRUST–2.1%$148m1.98m+12702%added
NVDA NVIDIA CORPORATIONTechnology1.8%$132m657,548−78%reduced
AMD ADVANCED MICRO DEVICES INCTechnology1.8%$126m217,647+2194%added
LLY ELI LILLY & COHealthcare1.3%$92.5m77,094+350%added
AMZN AMAZON COM INCConsumer Cyclical1.2%$83.0m348,404+373%added
CVX CHEVRON CORPORATIONEnergy0.9%$67.1m404,553+316%added
SNDK SANDISK CORPTechnology0.8%$57.8m25,408−81%reduced
BE BLOOM ENERGY CORPIndustrials0.8%$57.1m196,567+921%added
XLY SELECT SECTOR SPDR TR–0.8%$56.6m482,681+109%added
MU MICRON TECHNOLOGY INCTechnology0.7%$46.8m40,561−82%reduced
TSLA TESLA INCConsumer Cyclical0.6%$45.9m109,058−90%reduced
GS GOLDMAN SACHS GROUP INCFinancial Services0.5%$36.8m36,298+845%added
NET CLOUDFLARE INCTechnology0.5%$35.7m25.01m+25%added
NB NIOCORP DEVS LTD–0.5%$34.1m7.08m+9.1%added
TMUS T-MOBILE US INCCommunication Services0.5%$32.3m192,627+120%added
ALIBABA GROUP HLDG LTD no ticker–0.4%$31.3m26.60m−29%reduced
WMT WALMART INCConsumer Defensive0.4%$30.5m269,063+86%added
ABBV ABBVIE INCHealthcare0.4%$29.0m115,264+57%added
TLT ISHARES TR–0.4%$28.0m323,830−88%reduced
C CITIGROUP INCFinancial Services0.4%$27.7m196,119+40%added
BRK/B BERKSHIRE HATHAWAY INC DEL–0.4%$26.8m53,556+206%added
HOOD ROBINHOOD MKTS INCFinancial Services0.4%$26.6m265,119+32%added
EXMOC EXXON MOBIL CORP–0.4%$26.6m194,607+63%added
STRL STERLING INFRASTRUCTURE INCIndustrials0.4%$26.4m31,476+3206%added
BAC BANK OF AMER CORPFinancial Services0.4%$26.4m463,648+159%added
MKSI MKS INC.Technology0.4%$25.9m58,288+604%added
CNP CENTERPOINT ENERGY INCUtilities0.4%$25.7m20.03m+0.1%held
CRS CARPENTER TECHNOLOGY CORPIndustrials0.4%$25.6m41,535+335%added
EA ELECTRONIC ARTS INCCommunication Services0.4%$25.1m122,639−4.6%reduced
CYBERARK SOFTWARE LTD no ticker–0.3%$24.7m15.00m–new
META META PLATFORMS INCCommunication Services0.3%$24.6m43,649−79%reduced
CAH CARDINAL HEALTH INCHealthcare0.3%$24.1m101,388+609%added
DBX DROPBOX INCTechnology0.3%$23.9m20.14m+9694%added
CME CME GROUP INCFinancial Services0.3%$23.6m107,048+4.2%added
MTSI MACOM TECH SOLUTIONS HLDGS ITechnology0.3%$23.6m61,932–new
CRDO CREDO TECHNOLOGY GROUP HOLDITechnology0.3%$23.4m85,961+1157%added
FLG FLAGSTAR BANK NATIONAL ASSOCFinancial Services0.3%$23.3m1.56m+10708%added
ATI ATI INCIndustrials0.3%$23.2m117,553+87%added
GOOGL ALPHABET INCCommunication Services0.3%$22.6m63,194−22%reduced
WWD WOODWARD INCIndustrials0.3%$22.4m52,661+71%added
GLOBAL PMTS INC no ticker–0.3%$22.3m25.00m−7.4%reduced
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive0.3%$22.3m23,800+1.3%added
AVGO BROADCOM INCTechnology0.3%$21.6m57,290+172%added
PINNACLE WEST CAP CORP no ticker–0.3%$21.6m18.00m+44%added
NVT NVENT ELECTRIC PLCIndustrials0.3%$21.4m126,407+683%added
CVBF CVB FINL CORPFinancial Services0.3%$21.4m950,000+6.1%added

Exited since Q1 2026

615 rows
PDD PDD HOLDINGS INC2.9%$295m
FXI ISHARES TR2.2%$216m
LQD ISHARES TR2.1%$215m
GLD SPDR GOLD TRUST1.8%$184m
EWZ ISHARES INC1.2%$118m
GDX VANECK ETF TRUST0.5%$45.6m
EWY ISHARES INC0.4%$36.0m
KWEB KRANESHARES TRUST0.3%$31.8m
EEM ISHARES TR0.3%$31.6m
FTI TECHNIPFMC PLC0.3%$28.9m
CSCO CISCO SYS INC0.2%$17.2m
UUUU ENERGY FUELS INC0.1%$12.2m
DUKE ENERGY CORP NEW no ticker0.1%$11.0m
NBIS NEBIUS GROUP N.V.0.1%$10.3m
SII SPROTT INC0.10%$9.8m
HBM HUDBAY MINERALS INC0.08%$7.8m
OPEN OPENDOOR TECHNOLOGIES INC0.08%$7.7m
BBD BANCO BRADESCO S A0.08%$7.6m
VZLA VIZSLA SILVER CORP0.07%$7.5m
BHF BRIGHTHOUSE FINL INC0.07%$7.2m
1B2 BITFARMS LTD0.07%$6.8m
ONDS ONDAS INC0.07%$6.7m
TIGO MILLICOM INTL CELLULAR S A0.06%$6.3m
GEV GE VERNOVA LLC0.06%$6.3m
ELBIT SYS LTD no ticker0.06%$6.3m
SUNB SUNBELT RENTALS HOLDINGS INC0.06%$6.1m
SYNA SYNAPTICS INC0.05%$5.4m
F FORD MTR CO0.05%$5.2m
FROG JFROG LTD0.05%$5.0m
LNC LINCOLN NATL CORP IND0.05%$4.7m
CHRW C H ROBINSON WORLDWIDE INC0.05%$4.7m
430 TERNS PHARMACEUTICALS INC0.05%$4.7m
PAAS PAN AMERN SILVER CORP0.05%$4.6m
AUGO AURA MINERALS INC0.05%$4.6m
MDY STATE STR SPDR S&P MIDCAP 400.05%$4.6m
SLNOEUR SOLENO THERAPEUTICS INC0.05%$4.5m
BDX BECTON DICKINSON & CO0.05%$4.5m
HSIC HENRY SCHEIN INC0.05%$4.5m
AXTI AXT INC0.04%$4.3m
MCHP MICROCHIP TECHNOLOGY INC.0.04%$4.2m
LOB LIVE OAK BANCSHARES INC0.04%$4.1m
TAP MOLSON COORS BEVERAGE CO0.04%$4.0m
FLS FLOWSERVE CORP0.04%$3.9m
IREN IREN LIMITED0.04%$3.8m
BLDR BUILDERS FIRSTSOURCE INC0.04%$3.6m
CASY CASEYS GEN STORES INC0.04%$3.6m
ITUB ITAU UNIBANCO HLDG S A0.04%$3.5m
CAN CANAAN INC0.03%$3.5m
RGTI RIGETTI COMPUTING INC0.03%$3.5m
CNK CINEMARK HLDGS INC0.03%$3.4m

Sector mix

  • Unclassified27.2%
  • Technology20.6%
  • Financial Services11.4%
  • Industrials10.0%
  • Healthcare8.6%
  • Consumer Cyclical7.1%
  • Energy3.5%
  • Communication Services3.4%
  • Consumer Defensive2.9%
  • Utilities2.4%
  • Basic Materials1.7%
  • Real Estate1.2%

Book over time

Every quarter on file (40)
QuarterPositionsEquity book
Q2 20261,908$7.1bn
Q1 20262,006$10.0bn
Q4 20251,618$5.2bn
Q3 20251,799$7.0bn
Q2 20251,727$9.1bn
Q1 20251,076$3.6bn
Q4 2024963$4.0bn
Q3 20241,049$2.1bn
Q2 2024970$1.5bn
Q1 2024913$1.1bn
Q4 2023958$994m
Q3 2023326$337m
Q2 2023153$544m
Q1 202391$454m
Q4 202271$343m
Q3 202259$263m
Q2 202236$137m
Q1 202225$133m
Q4 202117$114m
Q3 202128$165m
Q2 202129$120m
Q1 202133$150m
Q4 202019$172m
Q3 201730$43.5m
Q2 20173$19.7m
Q1 20171$12.2m
Q4 20162$33.9m
Q3 201612$102m
Q2 20163$35.2m
Q1 201613$208m
Q4 201512$198m
Q3 201519$198m
Q2 201527$302m
Q1 201516$161m
Q4 20148$170m
Q3 20149$238m
Q2 20149$127m
Q1 201411$144m
Q4 201314$207m
Q3 201318$61.7m

Where Brevan Howard Capital Management LP was early

25 rows
MCHI ISHARES TRQ4 20131 of 580.2%8.5%6Exited by Q2 2015+13%
XRT SPDR SER TRQ4 20132 of 7710.7%13.8%3Exited by Q1 2025+81%
EEM ISHARES TRQ4 20137 of 1344.0%71.1%16Exited by Q2 2026+36%
FXI ISHARES TRQ4 20138 of 13549.9%49.9%8Exited by Q2 2026−6.4%
GLD SPDR GOLD TRQ4 201313 of 19122.8%24.8%9Exited by Q2 2026+271%
RDN RADIAN GROUP INCQ1 20144 of 1202.3%4.1%10Held at last filing, Q2 2026+151%
AAXJ ISHARESQ4 20141 of 3111.6%11.6%2Exited by Q2 2015+5.0%
BMA BANCO MACRO S AQ1 20151 of 831.8%2.6%11Held at last filing, Q2 2026+62%
PAM PAMPA ENERGIA SAQ1 20151 of 725.1%16.1%13Held at last filing, Q2 2026+365%
AGRO ADECOAGRO S AQ1 20152 of 787.9%18.1%5Exited by Q2 2016+13%
GGAL GRUPO FINANCIERO GALICIA S.AQ1 20152 of 965.7%9.9%12Held at last filing, Q2 2026+116%
CRESY CRESUD S A C I F Y AQ1 20153 of 323.8%11.7%5Exited by Q2 2016−15%
EDN EMPRESA DIST Y COMERCIAL NORQ1 20153 of 291.0%2.4%10Held at last filing, Q2 2026+54%
TX TERNIUM SAQ1 20153 of 525.0%9.1%4Exited by Q1 2016−31%
NMIH NMI HLDGS INCQ1 20157 of 1131.4%1.4%11Held at last filing, Q2 2026+449%
CFG CITIZENS FINL GROUP INCQ1 201510 of 1715.0%5.0%13Held at last filing, Q2 2026+190%
IBB ISHARES NASDAQ BIOTECHQ3 201611 of 12023.5%65.1%5Exited by Q3 2024+42%
LQD ISHARES TRQ2 20176 of 10124.2%24.2%11Exited by Q2 2026−9.6%
KOPN KOPIN CORPQ1 20211 of 682.7%2.7%5Exited by Q2 2025−91%
ATOM Atomera IncQ1 20212 of 421.8%1.9%6Exited by Q3 2022−62%
DDOG DATADOG INCQ1 202123 of 2671.5%2.3%11Held at last filing, Q2 2026+212%
URA GLOBAL X FDSQ3 20212 of 823.0%23.3%13Exited by Q1 2026+80%
EWY ISHARES INCQ4 202112 of 1131.5%4.0%3Exited by Q2 2026+58%
DOCN DIGITALOCEAN HLDGS INCQ2 202210 of 1751.1%1.2%11Held at last filing, Q2 2026+280%
ETHA ISHARES ETHEREUM TRQ4 20243 of 642.3%2.3%4Exited by Q1 2026−11%

Concentration and tenure

23.1%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
76.6%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
1
Median completed holding, quarters