Brevan Howard Capital Management 13FHR Quarterly holdings report by institutional manager | SEC 14 Feb 23

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ACTIVISION BLIZZARD INC	COM	00507V109	4,711,117	61,543	SH		DFND	2	61,543	0	0
ADOBE SYSTEMS	COM	00724F101	1,016,321	3,020	SH		DFND	1	3,020	0	0
AFFIRM HOLDINGS INC	NOTE 11/1	00827BAB2	4,815,600	7,500,000	PRN		DFND	1	7,500,000	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	938,754	6,273	SH		DFND	1	6,273	0	0
ALBEMARLE CORP	COM	012653101	202,547	934	SH		DFND	1	934	0	0
ALIBABA GROUP HOLDING	SPONSORED ADS	01609W102	10,746,980	122,000	SH		DFND	1	122,000	0	0
AMAZON.COM INC	COM	023135106	670,404	7,981	SH		DFND	1	7,981	0	0
APPLIED MATERIALS INC	COM	038222105	779,040	8,000	SH		DFND	1	8,000	0	0
APTIV PLC	COM	G6095L109	318,039	3,415	SH		DFND	1	3,415	0	0
ASML HOLDING NV-NY REG SHS	N Y REGISTRY SHS	N07059210	3,005,200	5,500	SH		DFND	1	5,500	0	0
Audacy Inc	CL A	05070N103	213,845	950,000	SH		DFND	3	950,000	0	0
BAUSCH HEALTH COS INC	COM	071734107	1,224,600	195,000	SH		DFND	3	195,000	0	0
BILIBILI INC	NOTE 0.500%12/0	090040AF3	3,814,000	5,500,000	PRN		DFND		5,500,000	0	0
BILIBILI INC	NOTE 1.250% 6/1	090040AD8	3,746,000	4,000,000	PRN		DFND		4,000,000	0	0
BLACK KNIGHT INC	COM	09215C105	308,750	5,000	SH		DFND	3	5,000	0	0
CHICAGO MERCANTILE EXCHANGE	COM	12572Q105	17,245,312	102,553	SH		DFND	1	102,553	0	0
CLEAN HARBORS INC	COM	184496107	259,281	2,272	SH		DFND	1	2,272	0	0
Concord Acquisition Corp	*W EXP 11/28/202	206071110	579,633	4,025,230	SH		DFND	1	4,025,230	0	0
Core Scientific Inc	*W EXP 01/19/202	21873J116	1,344	59,719	SH		DFND	1	59,719	0	0
Crown Castle Inc	COM	22822V101	3,391,000	25,000	SH		DFND	1	25,000	0	0
DANAHER CORP	COM	235851102	879,602	3,314	SH		DFND	1	3,314	0	0
DARLING INGREDIENTS INC	COM	237266101	677,412	10,823	SH		DFND	1	10,823	0	0
DigitalOcean Holdings Inc	COM	25402D102	1,477,260	58,000	SH		DFND	1	58,000	0	0
EATON CORP	SHS	G29183103	255,358	1,627	SH		DFND	1	1,627	0	0
ENDEAVOR GROUP HOLD-CLASS A	CL A COM	29260Y109	2,794,960	124,000	SH		DFND	1	124,000	0	0
ENERGY SELECT SECTOR SPDR	ENERGY	81369Y506	6,997,600	80,000	SH		DFND	2	80,000	0	0
ENERGY SELECT SECTOR SPDR	ENERGY	81369Y506	175,823,447	2,010,100	SH	Put	DFND	1,2,3	2,010,100	0	0
FIRST SOLAR INC	COM	336433107	460,754	3,076	SH		DFND	1	3,076	0	0
First Trust Natural Gas ETF	NAT GAS ETF	33733E807	3,676,500	150,000	SH		DFND	2	150,000	0	0
GDS HLDGS LTD	NOTE 2.000% 6/0	36165LAB4	8,511,750	9,000,000	PRN		DFND		9,000,000	0	0
Global X Uranium ETF	GLOBAL X URANIUM	37954Y871	18,373,200	915,000	SH		DFND	1	915,000	0	0
INVESCO DB AGRICULTURE FUND	AGRICULTURE FD	46140H106	3,526,250	175,000	SH		DFND	2	175,000	0	0
Invesco QQQ Trust Series 1 Nasdaq100 BB:QQQ	UNIT SER 1	46090E103	939,009,792	3,526,400	SH	Put	DFND	3	3,526,400	0	0
IOVANCE BIOTHERAPEUTICS	COM	462260100	1,788,126	279,832	SH		DFND	1	279,832	0	0
IQIYI INC	NOTE 4.000%12/1	46267XAE8	5,033,250	7,600,000	PRN		DFND		7,600,000	0	0
ISHARES 20 YR TREAS	20 YR TR BD ETF	464287432	13,440,600	135,000	SH		DFND	3	135,000	0	0
ISHARES 20 YR TREAS	20 YR TR BD ETF	464287432	31,879,112	320,200	SH	Call	DFND	3	320,200	0	0
ISHARES FTSE/XINHUA CHINA 25	CHINA LG-CAP ETF	464287184	5,744,900	203,000	SH	Put	DFND	3	203,000	0	0
ISHARES IBOXX H/Y CORP BOND	IBOXX HI YD ETF	464288513	37,580,752	510,400	SH		DFND	3	510,400	0	0
ISHARES IBOXX H/Y CORP BOND	IBOXX HI YD ETF	464288513	449,143,000	6,100,000	SH	Put	DFND	3	6,100,000	0	0
ISHARES IBOXX H/Y CORP BOND	IBOXX HI YD ETF	464288513	289,233,366	3,928,200	SH	Call	DFND	2,3	3,928,200	0	0
ISHARES IBOXX INV GR CORP BD	IBOXX INV CP ETF	464287242	31,734,430	301,000	SH		DFND	2,3	301,000	0	0
ISHARES IBOXX INV GR CORP BD	IBOXX INV CP ETF	464287242	31,629,000	300,000	SH	Put	DFND	3	300,000	0	0
ISHARES JP MORGAN USD EMERGING MARKETS	JPMORGAN USD EMG	464288281	30,845,744	364,650	SH		DFND	3	364,650	0	0
ISHARES JP MORGAN USD EMERGING MARKETS	JPMORGAN USD EMG	464288281	126,885,000	1,500,000	SH	Call	DFND	2,3	1,500,000	0	0
ISHARES JP MORGAN USD EMERGING MARKETS	JPMORGAN USD EMG	464288281	42,295,000	500,000	SH	Put	DFND	2	500,000	0	0
ISHARES MSCI BRAZIL	MSCI BRAZIL ETF	464286400	6,992,500	250,000	SH	Call	DFND	3	250,000	0	0
ISHARES MSCI EMERGING MKT IN	MSCI EMG MKT ETF	464287234	3,790,000	100,000	SH	Call	DFND	3	100,000	0	0
ISHARES MSCI SOUTH AFRICA IN	MSCI STH AFR ETF	464286780	1,488,379	35,095	SH		DFND	1	35,095	0	0
ISHARES NASDAQ BIOTECH	ISHARES BIOTECH	464287556	5,251,600	40,000	SH		DFND	2	40,000	0	0
ISHARES SILVER TRUST	ISHARES	46428Q109	152,671,266	6,933,300	SH	Call	DFND	1	6,933,300	0	0
KraneShares CSI China Internet ETF	CSI CHI INTERNET	500767306	77,010,000	2,550,000	SH	Call	DFND	1	2,550,000	0	0
KraneShares Global Carbon Strategy ETF	GLOBAL CARB STRA	500767678	2,340,171	68,637	SH		DFND	1,3	68,637	0	0
LIBERTY MEDIA CORP-LIBERTY-C	COM SER C FRMLA	531229854	2,480,870	41,500	SH		DFND	1	41,500	0	0
Lightning eMotors Inc	CALL	53228T901	5,498	15,000	SH	Call	DFND	1	15,000	0	0
Lightning eMotors Inc	COM	53228T101	112,234	306,232	SH		DFND	1	306,232	0	0
LKQ CORP	COM	501889208	554,556	10,383	SH		DFND	1	10,383	0	0
Market Vectors Nuclear ETF	URANIUM PLS NUCL	92189F601	421,564	7,680	SH		DFND	1	7,680	0	0
MARTIN MARIETTA MATERIALS	COM	573284106	638,087	1,888	SH		DFND	1	1,888	0	0
MARVELL TECH	COM	573874104	1,629,760	44,000	SH		DFND	1	44,000	0	0
MICROSOFT CORP	COM	594918104	2,278,290	9,500	SH		DFND	1	9,500	0	0
Mitek Systems Inc	COM NEW	606710200	232,037	23,946	SH		DFND	1	23,946	0	0
MODERNA INC	COM	60770K107	41,312,600	230,000	SH		DFND	2	230,000	0	0
NEWMONT MINING	COM	651639106	446,842	9,467	SH		DFND	1	9,467	0	0
NEXTERA ENERGY PARTNERS LP	COM UNIT PART IN	65341B106	453,202	6,466	SH		DFND	1	6,466	0	0
OWENS CORNING INC	COM	690742101	782,201	9,170	SH		DFND	1	9,170	0	0
SEMICONDUCTOR HOLDRs TRUST	SEMICONDUCTR ETF	92189F676	4,261,740	21,000	SH		DFND	2	21,000	0	0
SERVICENOW INC	COM	81762P102	1,747,215	4,500	SH		DFND	1	4,500	0	0
Signify Health Inc	CL A COM	82671G100	3,545,787	123,719	SH		DFND	1	123,719	0	0
SNAP INC	NOTE 5/0	83304AAF3	1,465,000	2,000,000	PRN		DFND	3	2,000,000	0	0
Snowflake Inc-Class A	CL A	833445109	574,160	4,000	SH		DFND	1	4,000	0	0
SOLAREDGE TECHNOLOGIES INC	COM	83417M104	1,304,175	4,604	SH		DFND	1	4,604	0	0
SPDR METALS & MINING ETF	S&P METALS MNG	78464A755	9,065,420	182,000	SH		DFND	2	182,000	0	0
SPDR TRUST SERIES 1	TR UNIT	78462F103	63,559,866	166,200	SH	Put	DFND	3	166,200	0	0
STREETTRACKS GOLD TRUST	GOLD SHS	78463V107	242,330,740	1,428,500	SH	Call	DFND	1	1,428,500	0	0
SUNRUN INC	COM	86771W105	903,272	37,605	SH		DFND	1	37,605	0	0
TESLA MOTORS INC	COM	88160R101	684,265	5,555	SH		DFND	1	5,555	0	0
TPG RE Finance Trust Inc	COM	87266M107	5,655,676	832,942	SH		DFND	1	832,942	0	0
TPI Composites Inc	COM	87266J104	1,526,962	150,588	SH		DFND	1	150,588	0	0
TRANE INC	SHS	G8994E103	300,041	1,785	SH		DFND	1	1,785	0	0
TRIMBLE NAVIGATION LTD	COM	896239100	318,477	6,299	SH		DFND	1	6,299	0	0
UNITED STATES OIL FUND LP	UNITS	91232N207	10,516,500	150,000	SH	Call	DFND	3	150,000	0	0
VALE SA-SP ADR	SPONSORED ADS	91912E105	430,970	25,396	SH		DFND	1	25,396	0	0
Vanguard Developed Markets Index Fund	VAN FTSE DEV MKT	921943858	12,591,000	300,000	SH		DFND	2	300,000	0	0
Vanguard Growth Index Fund	GROWTH ETF	922908736	5,327,750	25,000	SH		DFND	2	25,000	0	0
VIVINT SMART HOME INC	COM CL A	928542109	999,600	84,000	SH		DFND	3	84,000	0	0
VMWARE INC-CLASS A	CL A COM	928563402	5,052,311	41,156	SH		DFND	2	41,156	0	0
WORKDAY INC-CLASS A	CL A	98138H101	878,483	5,250	SH		DFND	1	5,250	0	0

Brevan Howard Capital Management 13F-HRQuarterly holdings report by institutional manager