Brevan Howard Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Brevan Howard Capital Management LP disclosed 1077 US equity positions worth $3.6bn in its Q1 2025 13F filing. The largest position was IBIT at 28.7% of the reported book, followed by EEM and AAPL. Against the Q4 2024 filing, it opened 12 new positions, added to 31 and reduced 7 among the top 50 holdings.
What did Brevan Howard Capital Management LP own in Q1 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | IBIT ISHARES BITCOIN TRUST ETF | 28.7% | $1.0bn | 21,567,122 | -16% | reduced | |
| 2 | EEM ISHARES TR | 5.1% | $183.5m | 4,200,000 | -51% | reduced | |
| 3 | AAPL APPLE INC | Technology | 2.3% | $81.2m | 365,687 | 10806% | added |
| 4 | NVDA NVIDIA CORPORATION | Technology | 1.9% | $68.2m | 651,090 | 1150% | added |
| 5 | PFE PFIZER INC | Healthcare | 1.7% | $61.6m | 2,432,498 | 994% | added |
| 6 | MSFT MICROSOFT CORP | Technology | 1.6% | $55.8m | 148,609 | 151% | added |
| 7 | META META PLATFORMS INC | Communication Services | 1.5% | $53.5m | 92,908 | 190% | added |
| 8 | BLK BLACKROCK INC | Financial Services | 1.2% | $41.2m | 43,499 | – | new |
| 9 | MA MASTERCARD INCORPORATED | Financial Services | 0.8% | $29.8m | 55,466 | 103% | added |
| 10 | USB US BANCORP DEL | Financial Services | 0.8% | $29.6m | 701,545 | 1403% | added |
| 11 | CME CME GROUP INC | Financial Services | 0.8% | $28.5m | 107,278 | 3% | added |
| 12 | FCX FREEPORT-MCMORAN INC | Basic Materials | 0.8% | $27.5m | 725,601 | 703% | added |
| 13 | EXMOC EXXON MOBIL CORP | 0.7% | $23.4m | 196,382 | 49% | added | |
| 14 | PLTR PALANTIR TECHNOLOGIES INC | Technology | 0.7% | $23.4m | 276,705 | 6818% | added |
| 15 | HES HESS CORP | 0.7% | $23.3m | 145,850 | 34% | added | |
| 16 | FYBR FRONTIER COMMUNICATIONS PARE | 0.6% | $20.7m | 577,353 | 42% | added | |
| 17 | TPR TAPESTRY INC | Consumer Cyclical | 0.6% | $20.3m | 288,634 | – | new |
| 18 | WFC WELLS FARGO CO NEW | Financial Services | 0.5% | $18.9m | 263,918 | 41% | added |
| 19 | HBAN HUNTINGTON BANCSHARES INC | Financial Services | 0.5% | $16.8m | 1,117,730 | 2749% | added |
| 20 | CRM SALESFORCE INC | Technology | 0.5% | $16.6m | 63,319 | 30% | added |
| 21 | MTB M & T BK CORP | Financial Services | 0.5% | $16.3m | 91,384 | 1896% | added |
| 22 | GM GENERAL MTRS CO | Consumer Cyclical | 0.4% | $16.0m | 339,600 | 58% | added |
| 23 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 0.4% | $15.3m | 443,416 | – | new | |
| 24 | JNP JUNIPER NETWORKS INC | 0.4% | $15.2m | 422,459 | 101% | added | |
| 25 | JPM JPMORGAN CHASE & CO. | Financial Services | 0.4% | $14.9m | 60,800 | – | new |
| 26 | CSCO CISCO SYS INC | Technology | 0.4% | $14.1m | 228,993 | 1019% | added |
| 27 | ABBV ABBVIE INC | Healthcare | 0.4% | $13.9m | 66,543 | – | new |
| 28 | MP MP MATERIALS CORP | Basic Materials | 0.4% | $13.0m | 532,925 | – | new |
| 29 | DFSEUR DISCOVER FINL SVCS | 0.4% | $12.5m | 75,000 | – | new | |
| 30 | BAC BANK AMERICA CORP | Financial Services | 0.3% | $11.6m | 280,953 | -47% | reduced |
| 31 | ETR ENTERGY CORP NEW | Utilities | 0.3% | $11.0m | 128,888 | 1085% | added |
| 32 | TMUS T-MOBILE US INC | Communication Services | 0.3% | $11.0m | 41,263 | – | new |
| 33 | BAH BOOZ ALLEN HAMILTON HLDG COR | Industrials | 0.3% | $10.6m | 101,829 | 128% | added |
| 34 | JNJ JOHNSON & JOHNSON | Healthcare | 0.3% | $10.6m | 64,025 | – | new |
| 35 | GLW CORNING INC | Technology | 0.3% | $10.5m | 229,038 | 212% | added |
| 36 | YPF YPF SOCIEDAD ANONIMA | Energy | 0.3% | $10.4m | 302,129 | -45% | reduced |
| 37 | AKAM AKAMAI TECHNOLOGIES INC | 0.3% | $10.4m | 11,000,000 | – | new | |
| 38 | CAT CATERPILLAR INC | Industrials | 0.3% | $10.3m | 31,261 | – | new |
| 39 | PYPL PAYPAL HLDGS INC | Financial Services | 0.3% | $10.0m | 153,533 | 60% | added |
| 40 | BWA BORGWARNER INC | Consumer Cyclical | 0.3% | $9.7m | 337,715 | 534% | added |
| 41 | PDD HOLDINGS INC | 0.3% | $9.4m | 9,500,000 | 90% | added | |
| 42 | SHOP SHOPIFY INC | Technology | 0.3% | $9.0m | 93,782 | 1230% | added |
| 43 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 0.2% | $8.9m | 88,119 | -9% | reduced |
| 44 | BBAR BANCO BBVA ARGENTINA S A | 0.2% | $8.8m | 485,405 | -16% | reduced | |
| 45 | T AT&T INC | Communication Services | 0.2% | $8.8m | 309,434 | 209% | added |
| 46 | SE SEA LTD | 0.2% | $8.7m | 6,000,000 | -14% | reduced | |
| 47 | KLAC KLA CORP | Technology | 0.2% | $8.6m | 12,690 | 225% | added |
| 48 | LOW LOWES COS INC | Consumer Cyclical | 0.2% | $8.5m | 36,592 | 86% | added |
| 49 | AMAT APPLIED MATLS INC | Technology | 0.2% | $8.1m | 55,832 | – | new |
| 50 | UNP UNION PAC CORP | Industrials | 0.2% | $8.1m | 34,244 | 122% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.