Brevan Howard Capital Management LP reported 1,818 positions worth $5.43B for the quarter ended Jun 30, 2026, down 21.7% on the prior quarter. It opened 478 new positions, added to 687, trimmed 646 and exited 567. Its largest holding is iShares Bitcoin Trust ETF at 4.4% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AAPL Apple Inc. | +431.6K | +284.7% | $124.88M | 3.11% |
| AMD Advanced Micro Devices Inc | +208.2K | +2,194.4% | $120.92M | 2.33% |
| LLY ELI LILLY & Co | +60.0K | +350.3% | $71.94M | 1.7% |
| AMZN Amazon Com Inc | +274.8K | +373.1% | $65.49M | 1.53% |
| BE Bloom Energy Corp | +177.3K | +921.0% | $51.51M | 1.05% |
| CVX Chevron Corp | +307.4K | +316.3% | $50.95M | 1.24% |
| GS Goldman Sachs Group Inc | +32.5K | +844.8% | $32.92M | 0.679% |
| STRL Sterling Infrastructure, Inc. | +30.5K | +3,206.3% | $25.62M | 0.487% |
| MTSI MACOM Technology Solutions Holdings, Inc. | +61.9K | – | $23.56M | 0.434% |
| FLG Flagstar Bank, National Association | +1.54M | +10,708.5% | $23.08M | 0.429% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| IBIT iShares Bitcoin Trust ETF | -17.10M | -70.4% | $569.25M | 4.42% |
| NVDA Nvidia Corp | -2.30M | -77.8% | $460.78M | 2.42% |
| MSFT Microsoft Corp | -1.19M | -74.0% | $444.94M | 2.88% |
| TSLA Tesla, Inc. | -1.01M | -90.3% | $426.83M | 0.845% |
| PDD PDD Holdings Inc. | -180.5K | -100.0% | $295.10M | Exited |
| SNDK Sandisk Corp | -106.2K | -80.7% | $241.36M | 1.06% |
| MU Micron Technology Inc | -182.0K | -81.8% | $210.03M | 0.863% |
| GLD Spdr Gold Trust | -427.6K | -100.0% | $183.99M | Exited |
| CRWD CrowdStrike Holdings, Inc. | -562.4K | -97.7% | $107.29M | 0.046% |
| BA Boeing Co | -488.0K | -95.5% | $105.63M | 0.092% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| MTSI MACOM Technology Solutions Holdings, Inc. | +61.9K | $23.56M | 0.434% |
| BPOP Popular, Inc. | +100.0K | $16.42M | 0.303% |
| ALAB Astera Labs, Inc. | +33.1K | $15.98M | 0.295% |
| ETN Eaton Corp plc | +37.6K | $15.81M | 0.291% |
| EC Ecopetrol S.A. | +828.3K | $11.91M | 0.219% |
| OFG Ofg Bancorp | +225.0K | $11.04M | 0.203% |
| SPCX Space Exploration Technologies Corp | +62.4K | $10.66M | 0.196% |
| CARR CARRIER GLOBAL Corp | +130.0K | $9.53M | 0.176% |
| SYY Sysco Corp | +113.4K | $9.48M | 0.175% |
| SNX Td Synnex Corp | +34.5K | $9.23M | 0.17% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| PDD PDD Holdings Inc. | -180.5K | $295.10M | 4.26% |
| GLD Spdr Gold Trust | -427.6K | $183.99M | 2.66% |
| FTI TechnipFMC plc | -417.7K | $28.88M | 0.417% |
| CSCO Cisco Systems, Inc. | -221.1K | $17.16M | 0.248% |
| UUUU Energy Fuels Inc | -668.8K | $12.20M | 0.176% |
| NBIS Nebius Group N.V. | -99.4K | $10.31M | 0.149% |
| SII Sprott Inc. | -70.0K | $9.78M | 0.141% |
| HBM Hudbay Minerals Inc. | -374.8K | $7.83M | 0.113% |
| OPEN Opendoor Technologies Inc. | -1.65M | $7.71M | 0.111% |
| BBD Bank Bradesco | -2.15M | $7.64M | 0.11% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | IBIT iShares Bitcoin Trust ETF | Others | 7.21M | $239.85M | 4.42% | -17.10M | -70.4% | Reduced | 0.55% |
| 2 | AAPL Apple Inc. | Technology | 583.1K | $168.73M | 3.11% | +431.6K | +284.7% | Added | 0% |
| 3 | MSFT Microsoft Corp | Technology | 418.6K | $156.14M | 2.88% | -1.19M | -74.0% | Reduced | 0.01% |
| 4 | NVDA Nvidia Corp | Technology | 657.5K | $131.57M | 2.42% | -2.30M | -77.8% | Reduced | 0% |
| 5 | AMD Advanced Micro Devices Inc | Technology | 217.6K | $126.43M | 2.33% | +208.2K | +2,194.4% | Added | 0.01% |
| 6 | LLY ELI LILLY & Co | Healthcare | 77.1K | $92.47M | 1.7% | +60.0K | +350.3% | Added | 0.01% |
| 7 | AMZN Amazon Com Inc | Consumer Discretionary | 348.4K | $83.04M | 1.53% | +274.8K | +373.1% | Added | 0% |
| 8 | CVX Chevron Corp | Energy | 404.6K | $67.06M | 1.24% | +307.4K | +316.3% | Added | 0.02% |
| 9 | SNDK Sandisk Corp | Technology | 25.4K | $57.77M | 1.06% | -106.2K | -80.7% | Reduced | 0.02% |
| 10 | BE Bloom Energy Corp | Industrials | 196.6K | $57.10M | 1.05% | +177.3K | +921.0% | Added | 0.07% |
| 11 | MU Micron Technology Inc | Technology | 40.6K | $46.82M | 0.863% | -182.0K | -81.8% | Reduced | 0% |
| 12 | TSLA Tesla, Inc. | Consumer Discretionary | 109.1K | $45.87M | 0.845% | -1.01M | -90.3% | Reduced | 0% |
| 13 | GS Goldman Sachs Group Inc | Financial Services | 36.3K | $36.82M | 0.679% | +32.5K | +844.8% | Added | 0.01% |
| 14 | NB Niocorp Developments Ltd | Basic Materials | 7.08M | $34.10M | 0.628% | +590.0K | +9.1% | Added | 4.85% |
| 15 | TMUS T-Mobile US, Inc. | Communication Services | 192.6K | $32.31M | 0.595% | +105.0K | +119.9% | Added | 0.02% |
Tip. Select a row to see that position’s full history at Brevan Howard Capital Management.
As of its Q2 2026 13F filing, Brevan Howard Capital Management LP’s five largest positions were iShares Bitcoin Trust ETF (IBIT) at 4.4%, Apple Inc. (AAPL) at 3.1%, Microsoft Corp (MSFT) at 2.9%, Nvidia Corp (NVDA) at 2.4%, Advanced Micro Devices Inc (AMD) at 2.3% of the reported portfolio.
Brevan Howard Capital Management LP reported a 13F portfolio worth $5.43B across 1,818 positions for Q2 2026. That is down 21.7% from the previous quarter.
Its largest purchases by value were Apple Inc. ($124.88M), Advanced Micro Devices Inc ($120.92M), ELI LILLY & Co ($71.94M). It opened 478 new positions.
Its largest sales by value were iShares Bitcoin Trust ETF ($569.25M), Nvidia Corp ($460.78M), Microsoft Corp ($444.94M). It exited 567 positions entirely.
From the Form 13F-HR reports Brevan Howard Capital Management LP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.