Brevan Howard Capital Management LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
Brevan Howard Capital Management LP disclosed 1801 US equity positions worth $7.0bn in its Q3 2025 13F filing. The largest position was IBIT at 34.3% of the reported book, followed by MSFT and GOOGL. Against the Q2 2025 filing, it opened 13 new positions, added to 24 and reduced 13 among the top 50 holdings.
What did Brevan Howard Capital Management LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | IBIT ISHARES BITCOIN TRUST ETF | 34.3% | $2.4bn | 36,752,748 | -2% | reduced | |
| 2 | MSFT MICROSOFT CORP | Technology | 2.8% | $195.0m | 376,572 | 45% | added |
| 3 | GOOGL ALPHABET INC | Communication Services | 2.8% | $192.2m | 790,620 | -11% | reduced |
| 4 | META META PLATFORMS INC | Communication Services | 2.0% | $142.4m | 193,944 | 217% | added |
| 5 | NVDA NVIDIA CORPORATION | Technology | 1.6% | $112.4m | 602,172 | 756% | added |
| 6 | GOOG ALPHABET INC | Communication Services | 1.5% | $106.4m | 437,044 | 33% | added |
| 7 | AAPL APPLE INC | Technology | 1.4% | $98.4m | 386,334 | 116% | added |
| 8 | ALIBABA GROUP HLDG LTD | 0.8% | $52.7m | 28,500,000 | 104% | added | |
| 9 | TSLA TESLA INC | Consumer Cyclical | 0.7% | $46.6m | 104,691 | 707% | added |
| 10 | INSM INSMED INC | Healthcare | 0.6% | $42.3m | 294,047 | 45% | added |
| 11 | FIX COMFORT SYS USA INC | Industrials | 0.6% | $39.7m | 48,062 | 190% | added |
| 12 | JPM JPMORGAN CHASE & CO. | Financial Services | 0.5% | $37.8m | 119,793 | -13% | reduced |
| 13 | ALAB ASTERA LABS INC | Technology | 0.5% | $36.6m | 186,984 | 151% | added |
| 14 | NEM NEWMONT CORP | Basic Materials | 0.5% | $35.7m | 423,603 | 163% | added |
| 15 | GLD SPDR GOLD TR | 0.5% | $33.1m | 93,000 | – | new | |
| 16 | C CITIGROUP INC | Financial Services | 0.4% | $30.7m | 302,030 | 34% | added |
| 17 | EEM ISHARES TR | 0.4% | $29.6m | 554,190 | – | new | |
| 18 | CME CME GROUP INC | Financial Services | 0.4% | $28.5m | 105,580 | -40% | reduced |
| 19 | AMZN AMAZON COM INC | Consumer Cyclical | 0.4% | $28.2m | 128,541 | -73% | reduced |
| 20 | AEM AGNICO EAGLE MINES LTD | Basic Materials | 0.4% | $26.1m | 155,018 | – | new |
| 21 | NFLX NETFLIX INC | Communication Services | 0.3% | $20.5m | 17,060 | 31% | added |
| 22 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 0.3% | $20.4m | 114,105 | 338% | added |
| 23 | CIEN CIENA CORP | Technology | 0.3% | $20.1m | 137,727 | 1846% | added |
| 24 | MSTR STRATEGY INC | Technology | 0.3% | $20.0m | 62,129 | -17% | reduced |
| 25 | GDX VANECK ETF TRUST | 0.3% | $19.8m | 259,721 | 533% | added | |
| 26 | WFC WELLS FARGO CO NEW | Financial Services | 0.3% | $19.8m | 236,401 | -32% | reduced |
| 27 | RCAT RED CAT HLDGS INC | Industrials | 0.3% | $19.7m | 1,907,122 | – | new |
| 28 | FYBR FRONTIER COMMUNICATIONS PARE | 0.3% | $19.4m | 518,477 | 5% | added | |
| 29 | BAC BANK AMERICA CORP | Financial Services | 0.3% | $18.5m | 358,869 | -68% | reduced |
| 30 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.3% | $17.6m | 22,080 | -54% | reduced |
| 31 | BIDU BAIDU INC | Communication Services | 0.2% | $17.2m | 130,505 | – | new |
| 32 | AVGO BROADCOM INC | Technology | 0.2% | $16.8m | 51,013 | – | new |
| 33 | PLTR PALANTIR TECHNOLOGIES INC | Technology | 0.2% | $16.6m | 91,251 | -90% | reduced |
| 34 | V VISA INC | Financial Services | 0.2% | $16.4m | 48,161 | -30% | reduced |
| 35 | KEL KELLANOVA | 0.2% | $16.3m | 198,962 | 291% | added | |
| 36 | IWV ISHARES TR | 0.2% | $15.8m | 41,937 | – | new | |
| 37 | LLY ELI LILLY & CO | Healthcare | 0.2% | $15.7m | 20,561 | 2% | added |
| 38 | JNJ JOHNSON & JOHNSON | Healthcare | 0.2% | $15.5m | 83,645 | -41% | reduced |
| 39 | CSCO CISCO SYS INC | Technology | 0.2% | $15.1m | 220,487 | 18% | added |
| 40 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.2% | $15.0m | 29,847 | 6% | added | |
| 41 | QQQ INVESCO QQQ TR | 0.2% | $14.9m | 24,875 | – | new | |
| 42 | EXMOC EXXON MOBIL CORP | 0.2% | $14.8m | 131,297 | -58% | reduced | |
| 43 | B BARRICK MNG CORP | Basic Materials | 0.2% | $14.8m | 444,016 | – | new |
| 44 | CRWV COREWEAVE INC | Technology | 0.2% | $14.7m | 107,137 | – | new |
| 45 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 0.2% | $13.7m | 354,742 | 10% | added | |
| 46 | UUUU ENERGY FUELS INC | Energy | 0.2% | $13.3m | 836,768 | – | new |
| 47 | SLB SCHLUMBERGER LTD | Energy | 0.2% | $13.1m | 380,394 | 41% | added |
| 48 | RDDT REDDIT INC | Communication Services | 0.2% | $11.7m | 51,073 | – | new |
| 49 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.2% | $11.6m | 71,490 | 463% | added |
| 50 | IONQ IONQ INC | Technology | 0.2% | $11.5m | 187,269 | – | new |
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.