Brevan Howard Capital Management, LP
St Helier, Jersey · CRD 161292
Hedge fund managerExempt reporting
Brevan Howard Capital Management, LP is an exempt reporting adviser based in St Helier, Jersey that reports managing 30 hedge funds on Form ADV. Its private funds, of all types, hold $295.9 billion in gross assets. Its disclosed U.S. stock holdings returned an estimated +27.9% 2026 YTD through Jun 30 (S&P 500: +9.5%), based on 13F filings. Over a longer period they returned an estimated +49.4% from Q3 2024 to Q2 2026, compared with +37.2% for the S&P 500, based on 13F filings.
- Regulatory assets under management
- —Form ADV Item 5.F
- Gross assets of private funds
- $295.9 billionAll private fund types, Form ADV
- Hedge funds managed
- 3030 private funds in total
- Employees
- —Form ADV Item 5.A
- Registration
- Exempt reporting adviserCRD 161292
- Latest Form ADV
- 07/20/2026Disciplinary disclosures: none reported
Estimated 13F portfolio performance
Est. 2026 YTD+27.9%Through Q2 2026 · S&P 500 +9.5%
Est. 2-year return+49.4%Q3 2024 – Q2 2026
S&P 500+37.2%Same quarters, price only
13F holdings$6.8 billion1,889 positions, 2026-06-30
| Quarter | Est. 13F return | S&P 500 |
|---|---|---|
| Q2 2026 | +10.7% | +14.8% |
| Q1 2026 | +15.5% | -4.6% |
| Q4 2025 | -6.3% | +2.4% |
| Q3 2025 | +7.7% | +7.8% |
| Q2 2025 | +15.2% | +10.4% |
| Q1 2025 | -8.0% | -4.5% |
| Q4 2024 | +2.4% | +2.1% |
| Q3 2024 | +6.7% | +5.4% |
Estimate of the firm's disclosed long U.S. stock portfolio from its quarterly 13F filings, holding each quarter-end portfolio to the next quarter-end at prices implied by all 13F filers. It is a price return before dividends and fees, ignores shorts, options, bonds, cash and trading within the quarter, and is not the return of any fund. Disclosures
Largest disclosed holdings
- Ishares Core S&P 500 ETF$898.2 million
- Ishares Bitcoin Trust$239.9 million
- Apple Inc Com$168.7 million
- Microsoft Corp Com$156.1 million
- SPDR Series Trust KBW Regl BKG$148.1 million
- Nvidia Corp$131.6 million
- Advanced Micro Devices Inc Com$126.4 million
- Eli Lilly & Co Com$92.5 million
- Amazon Com Inc Com$83.0 million
- Chevron Corp New Com$67.1 million
As of 2026-06-30, from 13F filing by Brevan Howard Capital Management LP.
Hedge funds filing Form D (23)
Fund
First sale
Raised
Investors
Minimum
YTD performance
Brevan Howard Fund LTD
George Town, Grand Cayman, Cayman IslandsOffshore
First saleApr 2003
Raised$11B
Investors773
Minimum$1.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard LP
George Town, Grand Cayman, Cayman IslandsOffshore
First saleFeb 2004
Raised$8.5B
Investors1,299
Minimum$1.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Alpha Strategies Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleDec 2018
Raised$3.7B
Investors1,406
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Alpha Strategies Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleMay 2019
Raised$3.0B
Investors575
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Multi-Strategy Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleMar 2008
Raised$1.9B
Investors112
Minimum$10.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Multi-Strategy Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleMar 2008
Raised$1.4B
Investors395
Minimum$10.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard MB Macro Fund Ltd.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleMay 2018
Raised$904M
Investors23
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard PT Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleNov 2022
Raised$725M
Investors149
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard PT Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleJan 2023
Raised$660M
Investors236
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard FG Macro Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleJan 2019
Raised$409M
Investors12
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Alpha Strategies Fund (Delaware No. 2), L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleNov 2023
Raised$308M
Investors177
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Alpha Strategies Fund (Cayman No. 2) Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleNov 2023
Raised$277M
Investors102
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard FG Macro Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleSep 2020
Raised$273M
Investors16
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Digital Asset Multi-Strategy Fund Ltd
George Town, Grand Cayman, Cayman Islands506(c)Offshore
First saleApr 2022
Raised$271M
Investors7
Minimum$10.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Special Opportunities AC Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First saleJul 2022
Raised$233M
Investors12
Minimum$1.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Macro Venture Offshore Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleApr 2026
Raised$169M
Investors16
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard MB Macro Fund, L.P.
George Town, Grand Cayman, Cayman IslandsOffshore
First saleMay 2018
Raised$47.3M
Investors9
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Emerging Markets Multi-Strategy Fund, L.P.
George Town, Grand Cayman, Cayman IslandsEmergingOffshore
First saleJul 2023
Raised$39.9M
Investors6
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Digital Asset Multi-Strategy Fund, L.P.
George Town, Grand Cayman, Cayman IslandsEmerging506(c)Offshore
First saleJan 2022
Raised$39.0M
Investors15
Minimum$10.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
BH DK Fund Ltd
George Town, Grand Cayman, Cayman IslandsEmergingOffshore
First saleSep 2025
Raised$32.3M
Investors31
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Macro Venture Onshore Fund, L.P.
George Town, Grand Cayman, Cayman IslandsEmergingOffshore
First saleApr 2026
Raised$12.7M
Investors12
Minimum$100K
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Emerging Markets Multi-Strategy Fund I Ltd
George Town, Grand Cayman, Cayman IslandsEmergingOffshore
First saleOct 2023
Raised$6.8M
Investors1
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Brevan Howard Emerging Markets Multi-Strategy Fund Ltd
George Town, Grand Cayman, Cayman IslandsOffshore
First sale—
Raised$0
Investors0
Minimum$5.0M
YTD performance+27.9%13F est. YTD · thru Q2 2026
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. HedgeMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures