Instuitional Investor - Capula Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	1,601,373	$761,148,601	30.48%
2.	Invesco Qqq TrPUTPUT		573,500	$234,859,720	9.4%
3.	Invesco Qqq TrCALLCALL		511,000	$209,264,720	8.38%
4.	Vaneck Etf TrustPUTPUT		1,038,000	$181,515,060	7.26%
5.	Alphabet Inc.	GOOG	1,093,887	$152,805,075	6.11%