MKP Capital Management, L.L.C.
MKP Capital Management, L.L.C. reported 22 US-listed holdings worth $3.63 billion in its 13F for the quarter ended 30 June 2026, filed 7 August 2026. Its largest: SPDR Ser Trust (28.2%), iShares Core S&P 500 ETF (24.3%) and JPMorgan Chase & Co. (12.8%). Against the quarter before, it opened 15 positions, added to 2, trimmed 5 and sold out of 12.
The 14 largest of its 22 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q1 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What it did on the quarter
Its positions against its 13F for the quarter to 31 March 2026; a change under 0.1% of a position counts as held
Opened 15
- Invesco Exchange Traded FD T RSP$384.3 million
- Citigroup Inc. C$131.8 million
- Microsoft Corp. MSFT$127.8 million
- Goldman Sachs Group Inc. GS$118.3 million
- Select Sector SPDR Trust XLI$38.4 million
- Vaneck ETF Trust SMH$28.8 million
- NVIDIA Corp. NVDA$20.8 million
- iShares Inc. EWJ$14.9 million
and 7 more in the table below
Added to 2
- JPMorgan Chase & Co. JPM+1.3 million shares · +762%
- Vaneck ETF Trust GDX+515,500 shares · +262%
Trimmed 5
- iShares Core S&P 500 ETF IVV-439,610 shares · -27%
- SPDR Ser Trust SPYM-2.0 million shares · -15%
- Amazon.com Inc. AMZN-142,340 shares · -39%
- Berkshire Hathaway Inc. Class B BRKB-24,600 shares · -6%
- iShares Inc. EWZ-63,000 shares · -6%
Sold out of 12
- Apple Inc. AAPL$163.4 million last quarter
- Alphabet Inc. GOOGL$71.9 million last quarter
- iShares Trust EEM$48.9 million last quarter
- Coreweave Inc. CRWV$44.9 million last quarter
- Alphabet Inc. GOOG$43.0 million last quarter
- Bloom Energy Corp. BE$41.6 million last quarter
- Boston Scientific Corp. BSX$34.4 million last quarter
- ASML Holding N.V. ASML$33.0 million last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| SPDR Ser Trust SPYM | 11,650,400 | $1.02 billion | 28.22% | -2,021,300 |
| iShares Core S&P 500 ETF IVV | 1,179,376 | $883.2 million | 24.35% | -439,610 |
| JPMorgan Chase & Co. JPM | 1,423,000 | $465.8 million | 12.84% | +1,258,000 |
| Invesco Exchange Traded FD T RSP | 1,806,000 | $384.3 million | 10.59% | new |
| Berkshire Hathaway Inc. Class B BRKB | 405,500 | $202.9 million | 5.59% | -24,600 |
| Citigroup Inc. C | 942,000 | $131.8 million | 3.63% | new |
| Microsoft Corp. MSFT | 342,500 | $127.8 million | 3.52% | new |
| Goldman Sachs Group Inc. GS | 117,000 | $118.3 million | 3.26% | new |
| Vaneck ETF Trust GDX | 712,500 | $53.8 million | 1.48% | +515,500 |
| Amazon.com Inc. AMZN | 219,825 | $52.4 million | 1.44% | -142,340 |
| Select Sector SPDR Trust XLI | 207,500 | $38.4 million | 1.06% | new |
| iShares Inc. EWZ | 1,010,000 | $34.8 million | 0.96% | -63,000 |
| Vaneck ETF Trust SMH | 43,900 | $28.8 million | 0.79% | new |
| NVIDIA Corp. NVDA | 104,000 | $20.8 million | 0.57% | new |
| iShares Inc. EWJ | 159,300 | $14.9 million | 0.41% | new |
| Victory Portfolios II VFLO | 219,000 | $10.0 million | 0.28% | new |
| iShares Trust INDA | 202,000 | $10.0 million | 0.28% | new |
| Broadcom Inc. AVGO | 24,000 | $9.1 million | 0.25% | new |
| iShares Inc. EWY | 43,248 | $8.7 million | 0.24% | new |
| Credo Technology Group Holdi CRDO | 10,450 | $2.8 million | 0.08% | new |
| Vertiv Holdings Co. VRT | 8,200 | $2.7 million | 0.08% | new |
| GE Vernova Inc. GEV | 2,245 | $2.6 million | 0.07% | new |
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Change is shares against its 13F for the quarter before; the 12 it sold out of are in the box above.Options it reported
| Company | Option | Shares under the options | Value of those shares |
|---|---|---|---|
| Microsoft Corp. MSFT | Calls | 94,800 | $35.4 million |
| Vaneck ETF Trust GDX | Puts | 51,500 | $33.8 million |
2 option lines. A 13F lists calls and puts by the shares they cover and what those shares were worth at the quarter's end, not what the options cost; they are not counted in the holdings above.