Institutional
MKP Capital Management, L.L.C.
CIK 0001534949
$3.04B
Reported AUM
19
Positions
Q1 2026
Period
2026-05-14
Filed
The Brief · MKP Capital Management, L.L.C. · Q1 2026
AI · grounded in 13F
MKP Capital Management, L.L.C. established a new position in SPYM valued at $1.05B. The fund also opened new stakes in BRK/B for $206.1M and AMZN for $75.4M, while increasing its holding of AAPL by 395.38%. On the sell side, the fund closed positions in RSP and FXI, reducing those holdings by $100M and $87.4M respectively.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IVV | ISHARES TR | $740.91 | -2.62% | 24.60% | 80.03% | $1.06B | 34.75% | −1,171,686 | −42.0% |
| 2 | SPYM | SPDR SERIES TRUST | $86.81 | -2.58% | 24.60% | 80.04% | $1.05B | 34.39% | +13,671,700 | NEW |
| 3 | BRK/B | BERKSHIRE HATHAWAY INC DEL | — | — | — | — | $206.1M | 6.77% | +430,100 | NEW |
| 4 | AAPL | APPLE INC | $307.34 | -1.25% | 51.31% | 116.17% | $163.4M | 5.37% | +514,000 | +395.4% |
| 5 | AMZN | AMAZON COM INC | $246.03 | -3.06% | 15.20% | 47.87% | $75.4M | 2.48% | +362,165 | NEW |
| 6 | GOOGL | ALPHABET INC | $368.53 | -0.98% | 112.92% | 175.80% | $71.9M | 2.36% | +50,000 | +25.0% |
| 7 | EEM | ISHARES TR | $64.59 | -6.53% | 40.98% | 40.06% | $48.9M | 1.61% | −802,000 | −48.2% |
| 8 | JPM | JPMORGAN CHASE & CO | $312.37 | 0.48% | 19.84% | 133.52% | $48.5M | 1.59% | +165,000 | NEW |
| 9 | CRWV | COREWEAVE INC | $100.39 | -7.07% | -28.37% | 143.08% | $44.9M | 1.48% | +580,000 | NEW |
| 10 | GOOG | ALPHABET INC | $365.76 | -0.95% | 109.82% | 172.71% | $43.0M | 1.41% | +150,000 | NEW |
| 11 | BE | BLOOM ENERGY CORP | $263.61 | -9.53% | 1110.33% | 1109.22% | $41.6M | 1.37% | +307,000 | NEW |
| 12 | EWZ | ISHARES INC | $34.01 | -2.21% | 29.36% | 33.02% | $41.2M | 1.35% | −1,213,900 | −53.1% |
| 13 | BSX | BOSTON SCIENTIFIC CORP | $48.55 | -0.61% | -52.44% | 6.47% | $34.4M | 1.13% | +549,000 | NEW |
| 14 | ASML | ASML HLDG NV | $1641.74 | -6.59% | 119.73% | 124.14% | $33.0M | 1.09% | +25,000 | NEW |
| 15 | TMO | THERMO FISHER SCIENTIFIC INC | $472.80 | -1.91% | 18.07% | -11.30% | $29.5M | 0.97% | +60,000 | NEW |
| 16 | SCHW | SCHWAB CHARLES CORP | $88.84 | 0.95% | 1.95% | 39.71% | $28.2M | 0.93% | +300,000 | NEW |
| 17 | GDX | VANECK ETF TRUST | $78.84 | -8.75% | 53.84% | 141.98% | $18.1M | 0.59% | +197,000 | NEW |
| 18 | XLE | SELECT SECTOR SPDR TR | $57.67 | -1.84% | 42.72% | 178.12% | $6.0M | 0.20% | +98,000 | NEW |
| 19 | DVN | DEVON ENERGY CORP NEW | $44.28 | -3.72% | 40.68% | 117.94% | $4.8M | 0.16% | +95,093 | NEW |
| 20 | RSP | INVESCO EXCHANGE TRADED FD T | $207.83 | -1.42% | 18.26% | 47.36% | — | — | −522,000 | EXITED |
| 21 | FXI | ISHARES TR | $34.78 | 0.10% | -2.64% | -4.29% | — | — | −2,283,547 | EXITED |
| 22 | BAC | BANK AMERICA CORP | $53.83 | -0.63% | 23.03% | 58.61% | — | — | −1,100,000 | EXITED |
| 23 | KRE | SPDR SERIES TRUST | $70.17 | 0.27% | 24.01% | 27.85% | — | — | −745,700 | EXITED |
| 24 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $18.33 | -2.24% | -4.14% | -21.97% | — | — | −2,000,000 | EXITED |
| 25 | C | CITIGROUP INC | $132.47 | -1.98% | 73.11% | 132.92% | — | — | −350,000 | EXITED |
| 26 | MSFT | MICROSOFT CORP | $416.67 | -2.66% | -10.71% | 52.39% | — | — | −80,000 | EXITED |
| 27 | ITB | ISHARES TR | $92.90 | -0.51% | 3.70% | 35.16% | — | — | −389,800 | EXITED |
| 28 | NDAQ | NASDAQ INC | $86.39 | -1.02% | 3.19% | 49.58% | — | — | −350,000 | EXITED |
| 29 | KWEB | KRANESHARES TRUST | $26.38 | -2.76% | -18.26% | -37.38% | — | — | −893,310 | EXITED |
| 30 | XLF | SELECT SECTOR SPDR TR | $52.30 | 0.21% | 3.56% | 55.63% | — | — | −511,340 | EXITED |
| 31 | HOOD | ROBINHOOD MKTS INC | $82.47 | -6.63% | — | — | — | — | −200,000 | EXITED |
| 32 | NFLX | NETFLIX INC | $82.18 | 0.76% | — | — | — | — | −200,000 | EXITED |
| 33 | COO | COOPER COS INC | $67.34 | 8.58% | — | — | — | — | −200,000 | EXITED |
| 34 | CTSH | COGNIZANT TECHNOLOGY SOLUTIO | $53.21 | -0.36% | — | — | — | — | −150,000 | EXITED |
| 35 | KBWB | INVESCO EXCH TRADED FD TR II | $90.17 | 0.68% | — | — | — | — | −100,000 | EXITED |
| 36 | OWL | BLUE OWL CAPITAL INC | $9.80 | -3.83% | — | — | — | — | −494,639 | EXITED |
Source: SEC EDGAR · accession 0001172661-26-001947. 13F discloses long positions only — shorts, foreign equities, and options are excluded.