Brevan Howard Capital Management LP

Q4 2013 13F Holdings Report, Stock Holdings

Signature - Title: Jon Wrigley - Authorized Signatory
Location: St. Helier, Jersey
Holdings as of: 31 Dec 2013
Value $: $207,250,000
Num holdings: 14
Filing time: 14 Feb 2014, 16:22:35 UTC
Form type: 13F-HR
Description: All US holdings of this investor are reported in this report. Top holdings included FXI, GLD, XRT, EEM, and CME.
Next filing: Q1 2014 - 15 May 2014
SEC: View on sec.gov
Options Holdings: Showing stock holdings, see here for options holdings

Sym	Weight	Trade Impact	Company	Class	Share Change	Activity	Value Change $	Value $	* Price $	Shares	Principal

Compare Q4 2013 to

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.

Person Signing this Report on Behalf of Reporting Manager:

Name	Title	City, State	Date
Jon Wrigley	Authorized Signatory	St Helier, Jersey	14 Feb 2014

*NOTE: THE INVESTMENT MANAGER FILING THIS REPORT IS DEEMED TO HAVE INVESTMENT DISCRETION WITH RESPECT TO SECURITIES OVER WHICH BREVAN HOWARD ASSET MANAGEMENT ("BHAM"), BREVAN HOWARD (HONG KONG) LIMITED ("BHHK"), BREVAN HOWARD INVESTMENT PRODUCTS LIMITED ("BHIPL"), BREVAN HOWARD US INVESTMENT MANAGEMENT LP ("BHUS"), AND BREVAN HOWARD (ISRAEL) LTD. ("BH ISRAEL"), SUBSIDIARIES OF THE INVESTMENT MANAGER, EXERCISE INVESTMENT DISCRETION AS A RESULT OF THE INVESTMENT MANAGER HAVING CONTROL OVER BHAM, BHHK, BHIPL, BHUS, AND BH ISRAEL.

Other Included Managers (1):

Num	Name	Location	File Number
1	Brevan Howard (Hong Kong) Ltd	Hong Kong