Filed: 2/17/2026ACC: 0000905148-26-000855
📋 What this filing means
BREVAN HOWARD CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 1644 equity positions with a total reported market value of $9.16B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1644
Positions
$9.16B
Total AUM (reported)
610.18M
Total Shares
Allocation by class
COM$3.48B37.9%
SHS BEN INT$923.87M10.1%
IBOXX INV CP ETF$651.77M7.1%
SPONSORED ADS$596.57M6.5%
SM CAP BUYWRITE$452.04M4.9%
NOTE$449.52M4.9%
IBOXX HI YD ETF$395.35M4.3%
Portfolio Concentration
Top 3$2.06B22.5%
4–10$1.99B21.7%
11–25$1.29B14.0%
Rest$3.82B41.7%
Top 3 weight
22.5%
Top 10 weight
44.2%
Voting Authority Distribution
Total shares with voting rights: 610.18M
Sole
Full voting authority
610.18M
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
Other1644
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1644
Rows:
ISHARES BITCOIN TRUST ETF
DFNDShares18.61M
TypeSH
Market value$923.87M
10.09%
Sole
18.61M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares5.92M
TypeSH
Market value$651.77M
7.12%
Sole
5.92M
Shared
0.00
None
0.00
NVIDIA CORPORATION
DFNDShares2.60M
TypeSH
Market value$485.58M
5.30%
Sole
2.60M
Shared
0.00
None
0.00
FIRST TR EXCHANGE TRADED FD
DFNDShares57.08M
TypeSH
Market value$452.04M
4.93%
Sole
57.08M
Shared
0.00
None
0.00
ISHARES TR
DFNDShares4.90M
TypeSH
Market value$395.35M
4.32%
Sole
4.90M
Shared
0.00
None
0.00
PDD HOLDINGS INC
DFNDShares197K
TypeSH
Market value$357.41M
3.90%
Sole
197K
Shared
0.00
None
0.00
INVESCO QQQ TR
DFNDShares400K
TypeSH
Market value$245.72M
2.68%
Sole
400K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares2.16M
TypeSH
Market value$188.27M
2.06%
Sole
2.16M
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
DFNDShares1.24M
TypeSH
Market value$180.87M
1.97%
Sole
1.24M
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares549.88K
TypeSH
Market value$172.11M
1.88%
Sole
549.88K
Shared
0.00
None
0.00
BANK AMERICA CORP
DFNDShares3.06M
TypeSH
Market value$168.46M
1.84%
Sole
3.06M
Shared
0.00
None
0.00
ALPHABET INC
DFNDShares480.05K
TypeSH
Market value$150.64M
1.64%
Sole
480.05K
Shared
0.00
None
0.00
ISHARES TR
DFNDShares162.97K
TypeSH
Market value$112.02M
1.22%
Sole
162.97K
Shared
0.00
None
0.00
WALMART INC
DFNDShares975.62K
TypeSH
Market value$108.69M
1.19%
Sole
975.62K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
DFNDShares1.92M
TypeSH
Market value$81.96M
0.89%
Sole
1.92M
Shared
0.00
None
0.00
BAIDU INC
DFNDShares613K
TypeSH
Market value$79.50M
0.87%
Sole
613K
Shared
0.00
None
0.00
ORACLE CORP
DFNDShares402.18K
TypeSH
Market value$78.79M
0.86%
Sole
402.18K
Shared
0.00
None
0.00
APPLE INC
DFNDShares274.03K
TypeSH
Market value$74.50M
0.81%
Sole
274.03K
Shared
0.00
None
0.00
BROADCOM INC
DFNDShares211.63K
TypeSH
Market value$73.43M
0.80%
Sole
211.63K
Shared
0.00
None
0.00
SPDR SERIES TRUST
DFNDShares660K
TypeSH
Market value$67.95M
0.74%
Sole
660K
Shared
0.00
None
0.00
TESLA INC
DFNDShares147.56K
TypeSH
Market value$66.36M
0.72%
Sole
147.56K
Shared
0.00
None
0.00
BARRICK MNG CORP
DFNDShares1.50M
TypeSH
Market value$65.30M
0.71%
Sole
1.50M
Shared
0.00
None
0.00
AGNC INVT CORP
DFNDShares5.55M
TypeSH
Market value$59.68M
0.65%
Sole
5.55M
Shared
0.00
None
0.00
DBX ETF TR
DFNDShares1.61M
TypeSH
Market value$52.79M
0.58%
Sole
1.61M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
DFNDShares1M
TypeSH
Market value$45.35M
0.50%
Sole
1M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES BITCOIN TRUST ETFDFND | SHS BEN INT | 18.61M | SH | $923.87M 10.09% | 18.61M | 0.00 | 0.00 |
ISHARES TRDFND | IBOXX INV CP ETF | 5.92M | SH | $651.77M 7.12% | 5.92M | 0.00 | 0.00 |
NVIDIA CORPORATIONDFND | COM | 2.60M | SH | $485.58M 5.30% | 2.60M | 0.00 | 0.00 |
FIRST TR EXCHANGE TRADED FDDFND | SM CAP BUYWRITE | 57.08M | SH | $452.04M 4.93% | 57.08M | 0.00 | 0.00 |
ISHARES TRDFND | IBOXX HI YD ETF | 4.90M | SH | $395.35M 4.32% | 4.90M | 0.00 | 0.00 |
PDD HOLDINGS INCDFND | SPONSORED ADS | 197K | SH | $357.41M 3.90% | 197K | 0.00 | 0.00 |
INVESCO QQQ TRDFND | UNIT SER 1 | 400K | SH | $245.72M 2.68% | 400K | 0.00 | 0.00 |
ISHARES TRDFND | 20 YR TR BD ETF | 2.16M | SH | $188.27M 2.06% | 2.16M | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDDFND | SPONSORED ADS | 1.24M | SH | $180.87M 1.97% | 1.24M | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL A | 549.88K | SH | $172.11M 1.88% | 549.88K | 0.00 | 0.00 |
BANK AMERICA CORPDFND | COM | 3.06M | SH | $168.46M 1.84% | 3.06M | 0.00 | 0.00 |
ALPHABET INCDFND | CAP STK CL C | 480.05K | SH | $150.64M 1.64% | 480.05K | 0.00 | 0.00 |
ISHARES TRDFND | CORE S&P500 ETF | 162.97K | SH | $112.02M 1.22% | 162.97K | 0.00 | 0.00 |
WALMART INCDFND | COM | 975.62K | SH | $108.69M 1.19% | 975.62K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRDFND | STATE STREET UTI | 1.92M | SH | $81.96M 0.89% | 1.92M | 0.00 | 0.00 |
BAIDU INCDFND | SPON ADR REP A | 613K | SH | $79.50M 0.87% | 613K | 0.00 | 0.00 |
ORACLE CORPDFND | COM | 402.18K | SH | $78.79M 0.86% | 402.18K | 0.00 | 0.00 |
APPLE INCDFND | COM | 274.03K | SH | $74.50M 0.81% | 274.03K | 0.00 | 0.00 |
BROADCOM INCDFND | COM | 211.63K | SH | $73.43M 0.80% | 211.63K | 0.00 | 0.00 |
SPDR SERIES TRUSTDFND | STATE STREET SPD | 660K | SH | $67.95M 0.74% | 660K | 0.00 | 0.00 |
TESLA INCDFND | COM | 147.56K | SH | $66.36M 0.72% | 147.56K | 0.00 | 0.00 |
BARRICK MNG CORPDFND | COM SHS | 1.50M | SH | $65.30M 0.71% | 1.50M | 0.00 | 0.00 |
AGNC INVT CORPDFND | COM | 5.55M | SH | $59.68M 0.65% | 5.55M | 0.00 | 0.00 |
DBX ETF TRDFND | XTRACK HRVST CSI | 1.61M | SH | $52.79M 0.58% | 1.61M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRDFND | STATE STREET MAT | 1M | SH | $45.35M 0.50% | 1M | 0.00 | 0.00 |
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