Brevan Howard Capital Management LP

Est. AUM

$7.90B

13F long equity, this entity only

Positions

2,114

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	ISHARES BITCOIN TRUST ETF	SHS BEN INT	$933.8M	24304788	11.82%	DFND
2	ISHARES TR	IBOXX HI YD ETF	$355.6M	4470000	4.50%	DFND
3	ISHARES TRPUT	IBOXX INV CP ETF	$299.7M	2750000	3.79%	DFND
4	PDD HOLDINGS INC	SPONSORED ADS	$295.1M	180500	3.73%	DFND
5	ISHARES TRCALL	20 YR TR BD ETF	$281.7M	3250000	3.57%	DFND
6	ISHARES TR	20 YR TR BD ETF	$238.4M	2750000	3.02%	DFND
7	ISHARES TR	CHINA LG-CAP ETF	$216.5M	6030000	2.74%	DFND
8	ISHARES TR	IBOXX INV CP ETF	$215.3M	1975000	2.72%	DFND
9	ISHARES TRCALL	IBOXX HI YD ETF	$198.9M	2500000	2.52%	DFND
10	SPDR GOLD TR	GOLD SHS	$184.0M	427603	2.33%	DFND
11	SELECT SECTOR SPDR TR	STATE STREET FIN	$123.4M	2500000	1.56%	DFND
12	BOEING CO	COM	$101.7M	511019	1.29%	DFND
13	INVESCO QQQ TR	UNIT SER 1	$98.1M	170000	1.24%	DFND
14	AGNC INVT CORPPUT	COM	$95.5M	9524200	1.21%	DFND
15	MICRON TECHNOLOGY INC	COM	$72.0M	213160	0.91%	DFND
16	SELECT SECTOR SPDR TR	STATE STREET UTI	$68.8M	1500000	0.87%	DFND
17	ALIBABA GROUP HLDG LTD	Convertible Bonds	$51.1M	37500000	0.65%	DFND
18	SELECT SECTOR SPDR TR	STATE STREET MAT	$50.0M	1000000	0.63%	DFND
19	SELECT SECTOR SPDR TR	STATE STREET CON	$49.2M	600000	0.62%	DFND
20	JD.COM INC	SPON ADS CL A	$47.8M	1649000	0.60%	DFND
21	TESLA INC	COM	$43.2M	116107	0.55%	DFND
22	APPLE INC	COM	$38.5M	151567	0.49%	DFND
23	VANECK ETF TRUST	GOLD MINERS ETF	$36.7M	400000	0.46%	DFND
24	MICROSOFT CORP	COM	$33.8M	91410	0.43%	DFND
25	EVERGY INC	Convertible Bonds	$33.5M	25000000	0.42%	DFND
26	PERPETUA RESOURCES CORP	COM	$32.9M	1225000	0.42%	DFND
27	ISHARES INC	MSCI STH KOR ETF	$32.8M	266781	0.42%	DFND
28	META PLATFORMS INC	CL A	$30.7M	55547	0.39%	DFND
29	CME GROUP INC	COM	$30.3M	102706	0.38%	DFND
30	SNOWFLAKE INC	Convertible Bonds	$30.2M	25000000	0.38%	DFND
31	AGNC INVT CORPCALL	COM	$30.1M	3000000	0.38%	DFND
32	ALIBABA GROUP HLDG LTDCALL	SPONSORED ADS	$28.5M	233300	0.36%	DFND
33	ALIBABA GROUP HLDG LTDPUT	SPONSORED ADS	$28.5M	233200	0.36%	DFND
34	ISHARES TRPUT	MSCI EMG MKT ETF	$28.4M	500000	0.36%	DFND
35	NIOCORP DEVS LTD	COM NEW	$28.0M	6485000	0.35%	DFND
36	COMCAST CORP NEW	CL A	$27.1M	942356	0.34%	DFND
37	ELECTRONIC ARTS INC	COM	$26.2M	128540	0.33%	DFND
38	SELECT SECTOR SPDR TR	STATE STREET CON	$25.2M	230944	0.32%	DFND
39	ORACLE CORP	COM	$24.6M	167233	0.31%	DFND
40	GLOBAL PMTS INC	Convertible Bonds	$23.6M	27000000	0.30%	DFND
41	CENTERPOINT ENERGY INC	Convertible Bonds	$23.6M	20000000	0.30%	DFND
42	ALPHABET INC	CAP STK CL A	$23.3M	80984	0.29%	DFND
43	CLOUDFLARE INC	Convertible Bonds	$22.9M	20000000	0.29%	DFND
44	SOUTHERN CO	Convertible Bonds	$22.2M	20000000	0.28%	DFND
45	TAIWAN SEMICONDUCTOR MANUFAC	SPONSORED ADS	$21.3M	65533	0.27%	DFND
46	JAZZ INVESTMENTS I LTD	Convertible Bonds	$21.1M	15000000	0.27%	DFND
47	AMAZON COM INCCALL	COM	$20.8M	100000	0.26%	DFND
48	PG&E CORP	Convertible Bonds	$20.8M	20000000	0.26%	DFND
49	ASML HLDG NVCALL	N Y REGISTRY SHS	$19.8M	15000	0.25%	DFND
50	CHENIERE ENERGY INC	COM NEW	$18.5M	65278	0.23%	DFND

1–50 of 2,114

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Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.