Filed: 5/15/2023ACC: 0000905148-23-000431
📋 What this filing means
BREVAN HOWARD CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 107 equity positions with a total reported market value of $3.81B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
107
Positions
$3.81B
Total AUM (reported)
105.15M
Total Shares
Allocation by class
UNIT SER 1$1.21B31.7%
IBOXX HI YD ETF$974.64M25.6%
IBOXX INV CP ETF$359.74M9.4%
JPMORGAN USD EMG$270.06M7.1%
RUSSELL 2000 ETF$165.91M4.4%
GOLD SHS$143.64M3.8%
COM$137.56M3.6%
Portfolio Concentration
Top 3$2.54B66.8%
4–10$840.34M22.1%
11–25$254.21M6.7%
Rest$171.37M4.5%
Top 3 weight
66.8%
Top 10 weight
88.8%
Voting Authority Distribution
Total shares with voting rights: 105.15M
Sole
Full voting authority
105.15M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other107
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings107
Rows:
Invesco QQQ Trust Series 1 Nasdaq100 BB:QQQ
DFNDShares3.77M
TypeSH
Market value$1.21B
31.74%
Sole
3.77M
Shared
0.00
None
0.00
ISHARES IBOXX H/Y CORP BOND
DFNDShares12.90M
TypeSH
Market value$974.64M
25.59%
Sole
12.90M
Shared
0.00
None
0.00
ISHARES IBOXX INV GR CORP BD
DFNDShares3.28M
TypeSH
Market value$359.74M
9.44%
Sole
3.28M
Shared
0.00
None
0.00
ISHARES JP MORGAN USD EMERGING MARKETS
DFNDShares3.13M
TypeSH
Market value$270.06M
7.09%
Sole
3.13M
Shared
0.00
None
0.00
ISHARES RUSSELL 2000 ETF
DFNDShares930K
TypeSH
Market value$165.91M
4.36%
Sole
930K
Shared
0.00
None
0.00
STREETTRACKS GOLD TRUST
DFNDShares784K
TypeSH
Market value$143.64M
3.77%
Sole
784K
Shared
0.00
None
0.00
ISHARES SILVER TRUST
DFNDShares3.56M
TypeSH
Market value$78.75M
2.07%
Sole
3.56M
Shared
0.00
None
0.00
SEMICONDUCTOR HOLDRs TRUST
DFNDShares262K
TypeSH
Market value$68.96M
1.81%
Sole
262K
Shared
0.00
None
0.00
ISHARES U.S. AEROSPACE & DEF
DFNDShares520K
TypeSH
Market value$59.84M
1.57%
Sole
520K
Shared
0.00
None
0.00
ISHARES 20(plus) YR TREAS
DFNDShares500K
TypeSH
Market value$53.19M
1.40%
Sole
500K
Shared
0.00
None
0.00
MODERNA INC
DFNDShares260K
TypeSH
Market value$39.93M
1.05%
Sole
260K
Shared
0.00
None
0.00
KraneShares CSI China Internet ETF
DFNDShares1.27M
TypeSH
Market value$39.77M
1.04%
Sole
1.27M
Shared
0.00
None
0.00
ISHARES MSCI EMERGING MKT IN
DFNDShares775K
TypeSH
Market value$30.58M
0.80%
Sole
775K
Shared
0.00
None
0.00
CHICAGO MERCANTILE EXCHANGE
DFNDShares102.55K
TypeSH
Market value$19.64M
0.52%
Sole
102.55K
Shared
0.00
None
0.00
Global X Uranium ETF
DFNDShares959.20K
TypeSH
Market value$19.12M
0.50%
Sole
959.20K
Shared
0.00
None
0.00
MARKET VECTORS GOLD MINERS
DFNDShares454.50K
TypeSH
Market value$14.70M
0.39%
Sole
454.50K
Shared
0.00
None
0.00
OIL SERVICE HOLDRS TRUST
DFNDShares50K
TypeSH
Market value$13.86M
0.36%
Sole
50K
Shared
0.00
None
0.00
ISHARES FTSE/XINHUA CHINA 25
DFNDShares400K
TypeSH
Market value$11.81M
0.31%
Sole
400K
Shared
0.00
None
0.00
PDD HOLDINGS INC
DFNDShares11.70M
TypePRN
Market value$11.21M
0.29%
Sole
11.70M
Shared
0.00
None
0.00
NIO INC
DFNDShares11.30M
TypePRN
Market value$10.41M
0.27%
Sole
11.30M
Shared
0.00
None
0.00
VNET GROUP INC
DFNDShares11.74M
TypePRN
Market value$9.40M
0.25%
Sole
11.74M
Shared
0.00
None
0.00
ARES CAPITAL CORP
DFNDShares500K
TypeSH
Market value$9.14M
0.24%
Sole
500K
Shared
0.00
None
0.00
KBW REGIONAL BANKING ETF
DFNDShares200K
TypeSH
Market value$8.77M
0.23%
Sole
200K
Shared
0.00
None
0.00
GDS HLDGS LTD
DFNDShares9M
TypePRN
Market value$8.51M
0.22%
Sole
9M
Shared
0.00
None
0.00
MICROSOFT CORP
DFNDShares25.50K
TypeSH
Market value$7.35M
0.19%
Sole
25.50K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Invesco QQQ Trust Series 1 Nasdaq100 BB:QQQDFND | UNIT SER 1 | 3.77M | SH | $1.21B 31.74% | 3.77M | 0.00 | 0.00 |
ISHARES IBOXX H/Y CORP BONDDFND | IBOXX HI YD ETF | 12.90M | SH | $974.64M 25.59% | 12.90M | 0.00 | 0.00 |
ISHARES IBOXX INV GR CORP BDDFND | IBOXX INV CP ETF | 3.28M | SH | $359.74M 9.44% | 3.28M | 0.00 | 0.00 |
ISHARES JP MORGAN USD EMERGING MARKETSDFND | JPMORGAN USD EMG | 3.13M | SH | $270.06M 7.09% | 3.13M | 0.00 | 0.00 |
ISHARES RUSSELL 2000 ETFDFND | RUSSELL 2000 ETF | 930K | SH | $165.91M 4.36% | 930K | 0.00 | 0.00 |
STREETTRACKS GOLD TRUSTDFND | GOLD SHS | 784K | SH | $143.64M 3.77% | 784K | 0.00 | 0.00 |
ISHARES SILVER TRUSTDFND | ISHARES | 3.56M | SH | $78.75M 2.07% | 3.56M | 0.00 | 0.00 |
SEMICONDUCTOR HOLDRs TRUSTDFND | SEMICONDUCTR ETF | 262K | SH | $68.96M 1.81% | 262K | 0.00 | 0.00 |
ISHARES U.S. AEROSPACE & DEFDFND | US AER DEF ETF | 520K | SH | $59.84M 1.57% | 520K | 0.00 | 0.00 |
ISHARES 20(plus) YR TREASDFND | 20 YR TR BD ETF | 500K | SH | $53.19M 1.40% | 500K | 0.00 | 0.00 |
MODERNA INCDFND | COM | 260K | SH | $39.93M 1.05% | 260K | 0.00 | 0.00 |
KraneShares CSI China Internet ETFDFND | CSI CHI INTERNET | 1.27M | SH | $39.77M 1.04% | 1.27M | 0.00 | 0.00 |
ISHARES MSCI EMERGING MKT INDFND | MSCI EMG MKT ETF | 775K | SH | $30.58M 0.80% | 775K | 0.00 | 0.00 |
CHICAGO MERCANTILE EXCHANGEDFND | COM | 102.55K | SH | $19.64M 0.52% | 102.55K | 0.00 | 0.00 |
Global X Uranium ETFDFND | GLOBAL X URANIUM | 959.20K | SH | $19.12M 0.50% | 959.20K | 0.00 | 0.00 |
MARKET VECTORS GOLD MINERSDFND | GOLD MINERS ETF | 454.50K | SH | $14.70M 0.39% | 454.50K | 0.00 | 0.00 |
OIL SERVICE HOLDRS TRUSTDFND | OIL SERVICES ETF | 50K | SH | $13.86M 0.36% | 50K | 0.00 | 0.00 |
ISHARES FTSE/XINHUA CHINA 25DFND | CHINA LG-CAP ETF | 400K | SH | $11.81M 0.31% | 400K | 0.00 | 0.00 |
PDD HOLDINGS INCDFND | NOTE 12/0 | 11.70M | PRN | $11.21M 0.29% | 11.70M | 0.00 | 0.00 |
NIO INCDFND | NOTE 2/0 | 11.30M | PRN | $10.41M 0.27% | 11.30M | 0.00 | 0.00 |
VNET GROUP INCDFND | NOTE 2/0 | 11.74M | PRN | $9.40M 0.25% | 11.74M | 0.00 | 0.00 |
ARES CAPITAL CORPDFND | COM | 500K | SH | $9.14M 0.24% | 500K | 0.00 | 0.00 |
KBW REGIONAL BANKING ETFDFND | S&P REGL BKG | 200K | SH | $8.77M 0.23% | 200K | 0.00 | 0.00 |
GDS HLDGS LTDDFND | NOTE 2.000% 6/0 | 9M | PRN | $8.51M 0.22% | 9M | 0.00 | 0.00 |
MICROSOFT CORPDFND | COM | 25.50K | SH | $7.35M 0.19% | 25.50K | 0.00 | 0.00 |
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