Brevan Howard Capital Management LP
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| FIRST TR EXCHANGE TRADED FD | 0 | 57,081,120 | +57,081,120 | 0 | 452,040,438 | +452,040,438 |
| ISHARES BITCOIN TRUST ETF(Call) | 0 | 8,058,800 | +8,058,800 | 0 | 400,119,420 | +400,119,420 |
| NVIDIA CORPORATION(Put) | 0 | 2,068,000 | +2,068,000 | 0 | 385,682,000 | +385,682,000 |
| BANK AMERICA CORP(Call) | 0 | 2,350,000 | +2,350,000 | 0 | 129,250,000 | +129,250,000 |
| ISHARES BITCOIN TRUST ETF(Put) | 0 | 5,000,000 | +5,000,000 | 0 | 248,250,000 | +248,250,000 |
| ISHARES TR | 0 | 162,970 | +162,970 | 0 | 112,015,800 | +112,015,800 |
| WALMART INC | 0 | 875,623 | +875,623 | 0 | 97,553,159 | +97,553,159 |
| SPDR SERIES TRUST(Call) | 0 | 660,000 | +660,000 | 0 | 67,953,600 | +67,953,600 |
| BROADCOM INC | 0 | 211,631 | +211,631 | 0 | 73,434,899 | +73,434,899 |
| SELECT SECTOR SPDR TR(Put) | 0 | 1,300,000 | +1,300,000 | 0 | 55,497,000 | +55,497,000 |
| BARRICK MNG CORP | 0 | 1,499,501 | +1,499,501 | 0 | 65,303,269 | +65,303,269 |
| ORACLE CORP | 0 | 252,175 | +252,175 | 0 | 49,401,083 | +49,401,083 |
| ALIBABA GROUP HLDG LTD | 0 | 0 | 0 | 0 | 44,593,105 | +44,593,105 |
| ALPHABET INC | 0 | 480,053 | +480,053 | 0 | 150,640,631 | +150,640,631 |
| ISHARES TR(Call) | 0 | 500,000 | +500,000 | 0 | 40,315,000 | +40,315,000 |
| WESTERN UN CO(Call) | 0 | 4,311,200 | +4,311,200 | 0 | 40,137,272 | +40,137,272 |
| AGNC INVT CORP(Put) | 0 | 5,500,000 | +5,500,000 | 0 | 59,152,500 | +59,152,500 |
| SPOT 0 03/26 | 0 | 0 | 0 | 0 | 37,385,738 | +37,385,738 |
| ALIBABA GROUP HLDG LTD(Put) | 0 | 613,000 | +613,000 | 0 | 89,379,540 | +89,379,540 |
| ALIBABA GROUP HLDG LTD | 0 | 379,350 | +379,350 | 0 | 55,305,437 | +55,305,437 |
| ISHARES TR | 0 | 315,000 | +315,000 | 0 | 34,709,850 | +34,709,850 |
| F 0 03/26 | 0 | 0 | 0 | 0 | 31,356,900 | +31,356,900 |
| EVRG 4.5 12/27 | 0 | 0 | 0 | 0 | 30,590,500 | +30,590,500 |
| COHERENT CORP | 0 | 184,303 | +184,303 | 0 | 34,016,805 | +34,016,805 |
| ORACLE CORP(Call) | 0 | 150,000 | +150,000 | 0 | 29,385,000 | +29,385,000 |
| SANDISK CORP | 0 | 123,362 | +123,362 | 0 | 29,283,672 | +29,283,672 |
| SELECT SECTOR SPDR TR(Put) | 0 | 200,000 | +200,000 | 0 | 28,794,000 | +28,794,000 |
| COMCAST CORP NEW(Call) | 0 | 900,000 | +900,000 | 0 | 26,901,000 | +26,901,000 |
| LUMENTUM HLDGS INC | 0 | 67,356 | +67,356 | 0 | 24,826,748 | +24,826,748 |
| SPDR SERIES TRUST(Call) | 0 | 400,000 | +400,000 | 0 | 24,276,000 | +24,276,000 |
| PINNACLE WEST CAP CORP | 0 | 0 | 0 | 0 | 24,130,575 | +24,130,575 |
| AKAM 1.125 02/29 | 0 | 0 | 0 | 0 | 23,824,635 | +23,824,635 |
| DUK 4.125 04/26 | 0 | 0 | 0 | 0 | 23,807,530 | +23,807,530 |
| SELECT SECTOR SPDR TR(Call) | 0 | 500,000 | +500,000 | 0 | 22,675,000 | +22,675,000 |
| SELECT SECTOR SPDR TR(Put) | 0 | 500,000 | +500,000 | 0 | 22,675,000 | +22,675,000 |
| CNP 4.25 08/26 | 0 | 0 | 0 | 0 | 21,988,200 | +21,988,200 |
| ELI LILLY & CO(Call) | 0 | 20,000 | +20,000 | 0 | 21,552,200 | +21,552,200 |
| SELECT SECTOR SPDR TR(Call) | 0 | 500,000 | +500,000 | 0 | 21,345,000 | +21,345,000 |
| LNT 3.875 03/26 | 0 | 0 | 0 | 0 | 20,915,400 | +20,915,400 |
| JBTM 0.25 05/26 | 0 | 0 | 0 | 0 | 20,699,000 | +20,699,000 |
| BANK AMERICA CORP | 0 | 712,959 | +712,959 | 0 | 39,212,745 | +39,212,745 |
| FE 4 05/26 | 0 | 0 | 0 | 0 | 20,507,800 | +20,507,800 |
| JAZZ INVESTMENTS I LTD | 0 | 0 | 0 | 0 | 20,006,250 | +20,006,250 |
| ANIP 2.25 09/29 | 0 | 0 | 0 | 0 | 19,103,921 | +19,103,921 |
| ALCOA CORP | 0 | 387,491 | +387,491 | 0 | 20,591,272 | +20,591,272 |
| BANCORP INC DEL | 0 | 259,460 | +259,460 | 0 | 17,518,739 | +17,518,739 |
| WEC 4.375 06/27 | 0 | 0 | 0 | 0 | 16,984,650 | +16,984,650 |
| SNOWFLAKE INC | 0 | 0 | 0 | 0 | 15,715,500 | +15,715,500 |
| TESLA INC | 0 | 137,164 | +137,164 | 0 | 61,685,394 | +61,685,394 |
| STIFEL FINL CORP | 0 | 130,145 | +130,145 | 0 | 16,296,757 | +16,296,757 |
| ISHARES TR | 0 | 160,000 | +160,000 | 0 | 13,945,600 | +13,945,600 |
| ELECTRONIC ARTS INC | 0 | 102,000 | +102,000 | 0 | 20,841,660 | +20,841,660 |
| PG&E CORP | 0 | 0 | 0 | 0 | 12,864,375 | +12,864,375 |
| MARVELL TECHNOLOGY INC | 0 | 164,807 | +164,807 | 0 | 14,005,299 | +14,005,299 |
| COASTAL FINL CORP WA | 0 | 110,000 | +110,000 | 0 | 12,604,900 | +12,604,900 |
| REGENERON PHARMACEUTICALS | 0 | 19,985 | +19,985 | 0 | 15,425,822 | +15,425,822 |
| NORFOLK SOUTHN CORP | 0 | 58,018 | +58,018 | 0 | 16,750,957 | +16,750,957 |
| BOSTON SCIENTIFIC CORP | 0 | 200,756 | +200,756 | 0 | 19,203,315 | +19,203,315 |
| GILEAD SCIENCES INC | 0 | 114,639 | +114,639 | 0 | 14,070,790 | +14,070,790 |
| BRISTOL-MYERS SQUIBB CO | 0 | 276,233 | +276,233 | 0 | 14,900,008 | +14,900,008 |
| FREEPORT-MCMORAN INC(Call) | 0 | 225,000 | +225,000 | 0 | 11,427,750 | +11,427,750 |
| SERVICENOW INC | 0 | 81,760 | +81,760 | 0 | 12,524,814 | +12,524,814 |
| WALMART INC(Call) | 0 | 100,000 | +100,000 | 0 | 11,141,000 | +11,141,000 |
| PERPETUA RESOURCES CORP | 0 | 492,200 | +492,200 | 0 | 12,066,284 | +12,066,284 |
| SOUTHERN CO | 0 | 0 | 0 | 0 | 10,706,136 | +10,706,136 |
| WKC 3.25 07/28 | 0 | 0 | 0 | 0 | 10,624,676 | +10,624,676 |
| BRIDGEBIO PHARMA INC | 0 | 173,523 | +173,523 | 0 | 13,175,601 | +13,175,601 |
| QTWO 0.75 06/26 | 0 | 0 | 0 | 0 | 10,240,338 | +10,240,338 |
| ASCENDIS PHARMA A/S | 0 | 48,260 | +48,260 | 0 | 10,151,974 | +10,151,974 |
| DAY 0.25 03/26 | 0 | 0 | 0 | 0 | 9,903,800 | +9,903,800 |
| INTERNATIONAL BUSINESS MACHS(Call) | 0 | 33,300 | +33,300 | 0 | 9,863,793 | +9,863,793 |
| THE TRADE DESK INC | 0 | 259,224 | +259,224 | 0 | 9,840,143 | +9,840,143 |
| COLUMBIA BKG SYS INC | 0 | 350,000 | +350,000 | 0 | 9,782,500 | +9,782,500 |
| VISTA ENERGY S.A.B. DE C.V. | 0 | 250,045 | +250,045 | 0 | 12,207,197 | +12,207,197 |
| NORTHEAST BK PORTLAND ME | 0 | 92,107 | +92,107 | 0 | 9,572,681 | +9,572,681 |
| TAIWAN SEMICONDUCTOR MFG LTD | 0 | 40,871 | +40,871 | 0 | 12,490,178 | +12,490,178 |
| SYNDAX PHARMACEUTICALS INC | 0 | 515,129 | +515,129 | 0 | 10,822,861 | +10,822,861 |
| FB FINL CORP | 0 | 154,018 | +154,018 | 0 | 8,594,204 | +8,594,204 |
| PAMPA ENERGIA S A | 0 | 165,940 | +165,940 | 0 | 14,554,597 | +14,554,597 |
| WT 3.25 06/26 | 0 | 0 | 0 | 0 | 8,212,540 | +8,212,540 |
| PATHWARD FINANCIAL INC | 0 | 115,505 | +115,505 | 0 | 8,200,855 | +8,200,855 |
| AST SPACEMOBILE INC | 0 | 110,546 | +110,546 | 0 | 8,028,956 | +8,028,956 |
| CORE SCIENTIFIC INC NEW(Call) | 0 | 550,000 | +550,000 | 0 | 8,005,250 | +8,005,250 |
| BIOGEN INC | 0 | 71,017 | +71,017 | 0 | 12,498,282 | +12,498,282 |
| ISHARES INC(Call) | 0 | 80,000 | +80,000 | 0 | 7,777,600 | +7,777,600 |
| SNOWFLAKE INC | 0 | 0 | 0 | 0 | 7,552,300 | +7,552,300 |
| DANAHER CORPORATION | 0 | 32,948 | +32,948 | 0 | 7,542,456 | +7,542,456 |
| SOUTHSTATE BK CORP | 0 | 80,000 | +80,000 | 0 | 7,528,800 | +7,528,800 |
| DISNEY WALT CO(Call) | 0 | 66,100 | +66,100 | 0 | 7,520,197 | +7,520,197 |
| CONNECTONE BANCORP INC | 0 | 283,923 | +283,923 | 0 | 7,444,461 | +7,444,461 |
| SPROTT INC | 0 | 75,000 | +75,000 | 0 | 7,377,750 | +7,377,750 |
| CITIGROUP INC(Call) | 0 | 62,100 | +62,100 | 0 | 7,246,449 | +7,246,449 |
| NATERA INC | 0 | 35,328 | +35,328 | 0 | 8,159,532 | +8,159,532 |
| BRIGHTHOUSE FINL INC(Put) | 0 | 111,000 | +111,000 | 0 | 7,191,690 | +7,191,690 |
| CDW CORP | 0 | 58,533 | +58,533 | 0 | 7,972,195 | +7,972,195 |
| SOFI TECHNOLOGIES INC | 0 | 383,874 | +383,874 | 0 | 10,049,821 | +10,049,821 |
| QCR HOLDINGS INC | 0 | 80,000 | +80,000 | 0 | 6,664,000 | +6,664,000 |
| NEBIUS GROUP N.V. | 0 | 77,025 | +77,025 | 0 | 6,534,031 | +6,534,031 |
| IRSA INVERSIONES Y REP S A | 0 | 396,077 | +396,077 | 0 | 6,497,643 | +6,497,643 |
| CYTOKINETICS INC | 0 | 101,030 | +101,030 | 0 | 6,419,446 | +6,419,446 |