Capital Markets Trading UK LLP

LONDON, X0 · CIK 1719165 · 13F filing filed 2026-08-13

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityCAPITAL MARKETS TRADING UK LLP (GB)

Others nearbyLondon

As an employer

Staff in the UK0

In the UK

Company	Town	Staff	Pay gap report	FCA register
CAPITAL MARKETS TRADING UK LLP Limited Liability Partnership · accounts to 2025-12-31FCA: No longer authorised	London	0		No longer authorised

Sources: Companies House (accounts filed electronically; the largest groups often file on paper, so their staff numbers can be missing), the UK gender pay gap service (employers with 250+ staff) and the FCA's Financial Services Register. Contains public sector information licensed under the Open Government Licence v3.0.

$139.9m reported value +25.8% vs Q1 2026

87positions

44.7%in top 10

33 new 25 added 29 reduced 23 sold out vs Q1 2026

Options: 129 call positions ($4.3bn notional), 135 put positions ($6.0bn notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

CMT Global Holdings LLC – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	VANECK ETF TRUST SEMICONDUCTR ETF SMH	SMH	19,000	$12.5m8.91%	8.91%	Added +12.7k	+12,693 201.2%
2	FREEPORT-MCMORAN INC CL B FCX	FCX	175,180	$11.0m7.88%	7.88%	Added +87.3k	+87,312 99.4%
3	ISHARES INC MSCI BRAZIL ETF EWZ	EWZ	226,855	$7.8m5.59%	5.59%	Reduced -142.0k	-141,995 -38.5%
4	NVIDIA CORPORATION COM NVDA	NVDA	26,302	$5.3m3.76%	3.76%	Added +23.1k	+23,130 729.2%
5	MICROSOFT CORP COM MSFT	MSFT	13,997	$5.2m3.73%	3.73%	Added +6.3k	+6,329 82.5%
6	NIO INC SPON ADS NIO	NIO	962,077	$4.9m3.48%	3.48%	Added +795.1k	+795,106 476.2%
7	SPDR GOLD TR GOLD SHS GLD	GLD	11,441	$4.2m3.01%	3.01%	Added +6.6k	+6,568 134.8%
8	QUALCOMM INC COM QCOM	QCOM	22,505	$4.2m2.97%	2.97%	Added +19.9k	+19,923 771.6%
9	KRANESHARES TRUST CSI CHI INTERNET KWEB	KWEB	163,579	$4.0m2.86%	2.86%	Added +140.6k	+140,579 611.2%
10	INTEL CORP COM INTC	INTC	25,247	$3.5m2.52%	2.52%	New
11	ISHARES TR CHINA LG-CAP ETF FXI	FXI	102,700	$3.2m2.32%	2.32%	Added +80.8k	+80,802 369.0%
12	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,297	$3.2m2.29%	2.29%	Reduced -13.9k	-13,866 -76.3%
13	VANECK ETF TRUST GOLD MINERS ETF GDX	GDX	42,323	$3.2m2.28%	2.28%	Added +950	+950 2.3%
14	ISHARES INC MSCI STH KOR ETF EWY	EWY	14,839	$3.0m2.14%	2.14%	Added +12.5k	+12,534 543.8%
15	SERVICENOW INC COM NOW	NOW	29,800	$3.0m2.12%	2.12%	New
16	PETROLEO BRASILEIRO SA PETRO SPONSORED ADR PBR	PBR	182,804	$3.0m2.11%	2.11%	Reduced -12.9k	-12,920 -6.6%
17	CHEVRON CORP NEW COM CVX	CVX	17,005	$2.8m2.02%	2.02%	Added +13.4k	+13,365 367.2%
18	UNITED AIRLS HLDGS INC COM UAL	UAL	18,748	$2.5m1.82%	1.82%	Added +11.7k	+11,721 166.8%
19	GOLDMAN SACHS GROUP INC COM GS	GS	2,421	$2.4m1.75%	1.75%	Added +2.0k	+2,027 514.5%
20	ORACLE CORP COM ORCL	ORCL	16,598	$2.4m1.74%	1.74%	New
21	BROADCOM INC COM AVGO	AVGO	5,691	$2.1m1.54%	1.54%	New
22	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	2,697	$2.0m1.42%	1.42%	New
23	MORGAN STANLEY COM NEW MS	MS	9,361	$2.0m1.40%	1.40%	Added +3.8k	+3,837 69.5%
24	NETFLIX INC COM NFLX	NFLX	23,510	$1.7m1.20%	1.20%	Added +13.5k	+13,543 135.9%
25	AMERICAN INTL GROUP INC COM NEW AIG	AIG	22,443	$1.7m1.20%	1.20%	Added +11.1k	+11,149 98.7%
26	FORD MTR CO COM F	F	117,146	$1.6m1.16%	1.16%	Reduced -39.2k	-39,199 -25.1%
27	NEWMONT CORP COM NEM	NEM	16,308	$1.5m1.09%	1.09%	New
28	CARNIVAL CORP LTD COMMON SHARES CCL	CCL	48,738	$1.4m1.00%	1.00%	New
29	SALESFORCE INC COM CRM	CRM	8,414	$1.3m0.94%	0.94%	Added +5.6k	+5,584 197.3%
30	ISHARES TR ISHARES SEMICDTR SOXX	SOXX	1,863	$1.2m0.85%	0.85%	New
31	AMERICAN AIRLS GROUP INC COM AAL	AAL	65,709	$1.2m0.85%	0.85%	Reduced -42.9k	-42,946 -39.5%
32	BANK AMERICA CORP COM BAC	BAC	19,554	$1.1m0.80%	0.80%	Reduced -19.5k	-19,465 -49.9%
33	ASTERA LABS INC COM ALAB	ALAB	2,166	$1.0m0.75%	0.75%	New
34	UBER TECHNOLOGIES INC COM UBER	UBER	14,492	$1.0m0.75%	0.75%	Added +7.7k	+7,673 112.5%
35	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	1,299	$991.0k0.71%	0.71%	Added +49	+49 3.9%
36	SPOTIFY TECHNOLOGY S A SHS SPOT	SPOT	2,158	$991.0k0.71%	0.71%	New
37	VALE S A SPONSORED ADS VALE	VALE	64,639	$972.0k0.69%	0.69%	New
38	CITIGROUP INC COM NEW C	C	6,578	$921.0k0.66%	0.66%	New
39	ALPHABET INC CAP STK CL A GOOGL	GOOGL	2,430	$868.0k0.62%	0.62%	Added +1.4k	+1,371 129.5%
40	JPMORGAN CHASE & CO COM JPM	JPM	2,564	$839.0k0.60%	0.60%	New
41	LUMENTUM HLDGS INC COM LITE	LITE	959	$823.0k0.59%	0.59%	New
42	BOEING CO COM BA	BA	3,553	$769.0k0.55%	0.55%	Reduced -273	-273 -7.1%
43	APOLLO GLOBAL MGMT INC COM APO	APO	6,495	$768.0k0.55%	0.55%	New
44	VERIZON COMMUNICATIONS INC COM VZ	VZ	17,913	$758.0k0.54%	0.54%	New
45	BLACKSTONE INC COM BX	BX	6,433	$757.0k0.54%	0.54%	Added +1.8k	+1,822 39.5%
46	TARGET CORP COM TGT	TGT	5,506	$719.0k0.51%	0.51%	New
47	SELECT SECTOR SPDR TR ENERGY XLE	XLE	13,086	$695.0k0.50%	0.50%	New
48	AMERICAN EXPRESS CO COM AXP	AXP	2,030	$687.0k0.49%	0.49%	Reduced -3.2k	-3,237 -61.5%
49	APPLE INC COM AAPL	AAPL	2,306	$667.0k0.48%	0.48%	New
50	PFIZER INC COM PFE	PFE	27,358	$659.0k0.47%	0.47%	Added +7.6k	+7,591 38.4%
51	WALMART INC COM WMT	WMT	5,767	$653.0k0.47%	0.47%	New
52	PAYPAL HLDGS INC COM PYPL	PYPL	13,865	$599.0k0.43%	0.43%	Reduced -24.2k	-24,243 -63.6%
53	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	5,038	$588.0k0.42%	0.42%	Reduced -6.2k	-6,184 -55.1%
54	CISCO SYS INC COM CSCO	CSCO	4,861	$571.0k0.41%	0.41%	New
55	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	2,017	$567.0k0.41%	0.41%	Reduced -1.1k	-1,052 -34.3%
56	GE VERNOVA INC COM GEV	GEV	476	$559.0k0.40%	0.40%	Reduced -397	-397 -45.5%
57	AMAZON COM INC COM AMZN	AMZN	2,329	$555.0k0.40%	0.40%	Reduced -669	-669 -22.3%
58	THE TRADE DESK INC COM CL A TTD	TTD	29,515	$534.0k0.38%	0.38%	New
59	WELLS FARGO CO NEW COM WFC	WFC	6,392	$528.0k0.38%	0.38%	Reduced -7.5k	-7,493 -54.0%
60	NXP SEMICONDUCTORS N V COM NXPI	NXPI	1,812	$509.0k0.36%	0.36%	New
61	HOME DEPOT INC COM HD	HD	1,412	$498.0k0.36%	0.36%	Added +3	+3 0.2%
62	ADOBE INC COM ADBE	ADBE	2,424	$497.0k0.36%	0.36%	Reduced -7.3k	-7,318 -75.1%
63	SOFI TECHNOLOGIES INC COM SOFI	SOFI	27,684	$496.0k0.35%	0.35%	Reduced -13.2k	-13,232 -32.3%
64	CADENCE DESIGN SYSTEM INC COM CDNS	CDNS	1,312	$492.0k0.35%	0.35%	New
65	SPACE EXPLORATION TECHN CORP CLASS A COM STK SPCX	SPCX	2,650	$453.0k0.32%	0.32%	New
66	CONSTELLATION ENERGY CORP COM CEG	CEG	1,765	$438.0k0.31%	0.31%	New
67	XPENG INC ADS XPEV	XPEV	32,045	$424.0k0.30%	0.30%	New
68	NOVO-NORDISK A S ADR NVO	NVO	8,679	$416.0k0.30%	0.30%	Reduced -3.6k	-3,631 -29.5%
69	UNITEDHEALTH GROUP INC COM UNH	UNH	979	$407.0k0.29%	0.29%	Reduced -137	-137 -12.3%
70	BLOCK INC CL A XYZ	XYZ	5,149	$391.0k0.28%	0.28%	New
71	AFFIRM HLDGS INC COM CL A AFRM	AFRM	4,767	$389.0k0.28%	0.28%	New
72	SANDISK CORP COM SNDK	SNDK	167	$380.0k0.27%	0.27%	New
73	BARRICK MNG CORP COM SHS B	B	10,010	$368.0k0.26%	0.26%	Reduced -58.4k	-58,354 -85.4%
74	EXXON MOBIL CORP COM XOM	XOM	2,595	$355.0k0.25%	0.25%	Added +134	+134 5.4%
75	WESTERN DIGITAL CORP COM WDC	WDC	550	$351.0k0.25%	0.25%	Reduced -1.7k	-1,700 -75.6%
76	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	174	$346.0k0.25%	0.25%	Reduced -671	-671 -79.4%
77	LULULEMON ATHLETICA INC COM LULU	LULU	2,565	$293.0k0.21%	0.21%	Reduced -1.9k	-1,916 -42.8%
78	GENERAL MTRS CO COM GM	GM	3,601	$278.0k0.20%	0.20%	Reduced -4.4k	-4,407 -55.0%
79	REDDIT INC CL A RDDT	RDDT	1,586	$275.0k0.20%	0.20%	Reduced -523	-523 -24.8%
80	IREN LIMITED ORDINARY SHARES IREN	IREN	4,860	$222.0k0.16%	0.16%	New
81	SUPER MICRO COMPUTER INC COM NEW SMCI	SMCI	7,520	$221.0k0.16%	0.16%	New
82	AIRBNB INC COM CL A ABNB	ABNB	1,539	$220.0k0.16%	0.16%	Reduced -4.6k	-4,572 -74.8%
83	NU HLDGS LTD ORD SHS CL A NU	NU	16,209	$217.0k0.16%	0.16%	Reduced -27.4k	-27,440 -62.9%
84	ELI LILLY & CO COM LLY	LLY	176	$211.0k0.15%	0.15%	Reduced -562	-562 -76.2%
85	LAM RESEARCH CORP COM NEW LRCX	LRCX	481	$208.0k0.15%	0.15%	Reduced -2.8k	-2,774 -85.2%
86	LI AUTO INC SPONSORED ADS LI	LI	14,879	$175.0k0.13%	0.13%	Reduced -710	-710 -4.5%
87	ARCHER AVIATION INC COM CL A ACHR	ACHR	11,713	$55.0k0.04%	0.04%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TEVA PHARMACEUTICAL INDS LTD		164,291	$4.9m164.3k shares
NORWEGIAN CRUISE LINE HLDG L NCLH	NCLH	203,934	$3.8m203.9k shares
DELTA AIR LINES INC DEL DAL	DAL	51,692	$3.4m51.7k shares
RIVIAN AUTOMOTIVE INC RIVN	RIVN	169,944	$2.6m169.9k shares
TESLA INC TSLA	TSLA	4,443	$1.7m4.4k shares
MARVELL TECHNOLOGY INC MRVL	MRVL	11,107	$1.1m11.1k shares
ARM HOLDINGS PLC ARM	ARM	6,496	$983.0k6.5k shares
DELL TECHNOLOGIES INC DELL	DELL	5,377	$883.0k5.4k shares
META PLATFORMS INC META	META	1,410	$807.0k1.4k shares
SCHWAB CHARLES CORP SCHW	SCHW	7,962	$748.0k8.0k shares
ADVANCED MICRO DEVICES INC AMD	AMD	2,971	$604.0k3.0k shares
ROBINHOOD MKTS INC HOOD	HOOD	8,360	$579.0k8.4k shares
TAIWAN SEMICONDUCTOR MFG LTD TSM	TSM	1,664	$562.0k1.7k shares
CARVANA CO CVNA	CVNA	8,595	$540.0k8.6k shares
ANALOG DEVICES INC ADI	ADI	1,529	$486.0k1.5k shares
DISNEY WALT CO DIS	DIS	4,422	$426.0k4.4k shares
VISA INC V	V	1,297	$392.0k1.3k shares
NIKE INC NKE	NKE	7,233	$382.0k7.2k shares
CARNIVAL CORP		12,980	$336.0k13.0k shares
UNITED PARCEL SERVICE INC UPS	UPS	3,147	$310.0k3.1k shares
PDD HOLDINGS INC PDD	PDD	2,884	$295.0k2.9k shares
SEAGATE TECHNOLOGY HLDNGS PL STX	STX	646	$253.0k646 shares
ETSY INC ETSY	ETSY	4,440	$222.0k4.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
MICRON TECHNOLOGY INC MU · Put	MU	Put	869,100	$1.0bn869.1k shares	Added
ISHARES INC EWA · Call	EWA	Call	2,709,100	$547.0m2.7m shares	Reduced
ISHARES INC Put		Put	2,485,200	$501.8m2.5m shares	Reduced
INTEL CORP Put		Put	3,513,000	$490.5m3.5m shares	New
ADVANCED MICRO DEVICES INC AMD · Put	AMD	Put	646,000	$375.3m646.0k shares	Reduced
MICROSOFT CORP MSFT · Put	MSFT	Put	931,100	$347.3m931.1k shares	Reduced
MICROSOFT CORP MSFT · Call	MSFT	Call	905,500	$337.8m905.5k shares	Added
INTEL CORP INTC · Call	INTC	Call	1,775,300	$247.9m1.8m shares	Reduced
NVIDIA CORPORATION NVDA · Call	NVDA	Call	1,111,200	$222.3m1.1m shares	Added
TAIWAN SEMICONDUCTOR MFG LTD TSM · Put	TSM	Put	440,300	$210.3m440.3k shares	Reduced
NVIDIA CORPORATION NVDA · Put	NVDA	Put	905,000	$181.1m905.0k shares	Reduced
CATERPILLAR INC CAT · Call	CAT	Call	164,100	$174.8m164.1k shares	Added
TESLA INC TSLA · Put	TSLA	Put	408,900	$172.0m408.9k shares	Reduced
MICRON TECHNOLOGY INC MU · Call	MU	Call	146,000	$168.5m146.0k shares	Reduced
MARVELL TECHNOLOGY INC MRVL · Put	MRVL	Put	549,800	$163.8m549.8k shares	Added
BROADCOM INC AVGO · Put	AVGO	Put	399,700	$151.0m399.7k shares	Reduced
ADVANCED MICRO DEVICES INC AMD · Call	AMD	Call	246,700	$143.3m246.7k shares	Reduced
AMAZON COM INC AMZN · Call	AMZN	Call	588,600	$140.3m588.6k shares	Added
META PLATFORMS INC META · Put	META	Put	226,100	$127.4m226.1k shares	Added
META PLATFORMS INC META · Call	META	Call	199,400	$112.3m199.4k shares	Added
ISHARES TR OEF · Call	OEF	Call	1,607,000	$109.9m1.6m shares	Added
TESLA INC TSLA · Call	TSLA	Call	255,400	$107.4m255.4k shares	Reduced
BOEING CO BA · Call	BA	Call	491,100	$106.3m491.1k shares	Added
ALPHABET INC GOOG · Call	GOOG	Call	296,800	$106.1m296.8k shares	Reduced
TAIWAN SEMICONDUCTOR MFG LTD TSM · Call	TSM	Call	220,000	$105.1m220.0k shares	Reduced