Parallax Volatility Advisers, L.P. — 13F Holdings

2026 Q1  ·  1964 Positions

2026 Q1 Portfolio Activity

In 2026 Q1, Parallax Volatility Advisers, L.P. maintained a portfolio of 1964 distinct positions. The most significant new addition was ISHARES TR, now representing 0.06% of the total fund value. They heavily accumulated shares in STATE STR SPDR S&P 500 ETF T, increasing the position by 7110.7%. The fund also reduced its exposure to SPDR S&P 500 ETF TR by 80.3%.
Position History hover any row below to update
Loading…
Parallax Volatility Advisers, L.P. San Francisco, CA Volatility-Focused Hedge Fund AUM $2,075M
PCA Score Concentration Risk
Risk ENB
Total Positions
1964
Quarter
2026 Q1
Top Holding
SPY (16.4%)
Top 10 Concentration
42.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 1964

Parallax Volatility Advisers, L.P. Full Holdings List — 2026 Q1

Stock History Sector / Type Port % Prev % Rank / Prev Conviction
Freshness
Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
PUT
PUT Option 16.35% 17.51% #1
Prev: #1
6.0
-3,319,200 -25.5%
P
S
9,696,400 $6,305,956,776
$270.21 +177.8%
$650.34 +15.4%
2011 Q1 13F Filing 2026-03-31 2026-05-15
QQQ
INVESCO QQQ TR
PUT
PUT Option 6.29% 4.57% #2
Prev: #2
6.0
436,700 11.6%
P
S
4,205,300 $2,427,215,054 2011 Q1 13F Filing 2026-03-31 2026-05-15
QQQ
INVESCO QQQ TR
CALL
CALL Option 4.84% 3.78% #3
Prev: #3
3.4
116,900 3.8%
P
S
3,233,200 $1,866,138,376 2011 Q1 13F Filing 2026-03-31 2026-05-15
SPY
STATE STR SPDR ...
CALL
CALL Option 4.34% 3.68% #4
Prev: #4
2.7
-162,400 -5.9%
P
S
2,570,400 $1,671,633,936 2011 Q1 13F Filing 2026-03-31 2026-05-15
IWM
ISHARES TR
PUT
PUT Option 2.74% 2.36% #5
Prev: #5
2.1
-604,800 -12.4%
P
S
4,259,300 $1,056,306,400 2011 Q1 13F Filing 2026-03-31 2026-05-15
XLF
SELECT SECTOR S...
CALL
CALL Option 2.18% 1.90% #6 1
Prev: #7
1.4
-1,564,300 -8.9%
P
S
16,036,900 $838,729,870 2011 Q1 13F Filing 2026-03-31 2026-05-15
XLF
SELECT SECTOR S...
PUT
PUT Option 1.92% 1.23% #7 2
Prev: #9
3.3
2,808,100 24.7%
P
S
14,158,500 $740,489,550 2011 Q1 13F Filing 2026-03-31 2026-05-15
IWM
ISHARES TR
CALL
CALL Option 1.89% 0.57% #8 16
Prev: #24
3.8
1,765,700 150.8%
P
S
2,936,700 $728,301,600 2011 Q1 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
PUT
PUT Option 1.16% 1.54% #9 1
Prev: #8
0.5
-1,615,000 -38.6%
P
S
2,566,900 $447,667,360 2011 Q1 13F Filing 2026-03-31 2026-05-15
SMH
VANECK ETF TRUS...
CALL
CALL Option 1.08% 0.51% #10 19
Prev: #29
3.4
369,800 51.5%
P
S
1,088,500 $417,330,900 2012 Q4 13F Filing 2026-03-31 2026-05-15
HYG
ISHARES TR
PUT
PUT Option 1.07% 0.38% #11 29
Prev: #40
3.4
2,777,500 116.5%
P
S
5,162,300 $410,712,588 2012 Q2 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
PUT
PUT Option 0.95% 1.13% #12
Prev: #12
0.4
-233,400 -26.8%
P
S
637,700 $364,847,301 2014 Q1 13F Filing 2026-03-31 2026-05-15
NVDA
NVIDIA CORPORAT...
CALL
CALL Option 0.93% 0.99% #13 1
Prev: #14
0.4
-623,400 -23.2%
P
S
2,060,400 $359,333,760 2011 Q1 13F Filing 2026-03-31 2026-05-15
GLD
SPDR GOLD TR
CALL
CALL Option 0.91% 0.92% #14 3
Prev: #17
0.4
-359,600 -30.6%
P
S
815,700 $350,987,553 2011 Q1 13F Filing 2026-03-31 2026-05-15
XLE
SELECT SECTOR S...
PUT
PUT Option 0.88% 0.33% #15 34
Prev: #49
3.4
2,323,500 61.5%
P
S
6,099,600 $340,784,652 2011 Q1 13F Filing 2026-03-31 2026-05-15
TSLA
TESLA INC
PUT
PUT Option 0.83% 2.22% #16 10
Prev: #6
0.3
-1,672,900 -66.8%
P
S
833,000 $321,887,860 2011 Q4 13F Filing 2026-03-31 2026-05-15
AAPL
APPLE INC
PUT
PUT Option 0.83% 1.16% #17 6
Prev: #11
0.3
-895,200 -41.4%
P
S
1,267,800 $321,754,962 2011 Q1 13F Filing 2026-03-31 2026-05-15
GLD
SPDR GOLD TR
PUT
PUT Option 0.81% 1.02% #18 5
Prev: #13
0.3
-576,300 -44.2%
P
S
728,700 $313,552,323 2011 Q1 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
CALL
CALL Option 0.72% 0.52% #19 8
Prev: #27
0.8
-36,800 -3.2%
P
S
1,113,000 $278,149,830 2011 Q1 13F Filing 2026-03-31 2026-05-15
SMH
VANECK ETF TRUS...
PUT
PUT Option 0.67% 0.61% #20 1
Prev: #19
0.3
-188,800 -21.9%
P
S
671,600 $257,491,440 2012 Q4 13F Filing 2026-03-31 2026-05-15
IBIT
ISHARES BITCOIN...
CALL
CALL Option 0.67% 0.25% #21 46
Prev: #67
3.3
3,443,000 132.5%
P
S
6,040,600 $256,785,906 2024 Q2 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
CALL
CALL Option 0.57% 1.21% #22 12
Prev: #10
0.2
-545,500 -58.7%
P
S
383,900 $219,640,707 2014 Q1 13F Filing 2026-03-31 2026-05-15
AMZN
AMAZON COM INC
PUT
PUT Option 0.56% 0.47% #23 9
Prev: #32
0.7
-159,700 -15.6%
P
S
863,500 $215,797,285 2011 Q1 13F Filing 2026-03-31 2026-05-15
EFA
ISHARES TR
PUT
PUT Option 0.56% 0.44% #24 10
Prev: #34
0.7
-107,800 -4.6%
P
S
2,219,800 $215,609,174 2011 Q1 13F Filing 2026-03-31 2026-05-15
GOOGL
ALPHABET INC
PUT
PUT Option 0.51% 0.96% #25 9
Prev: #16
0.2
-872,700 -56.3%
P
S
677,400 $194,793,144 2015 Q4 13F Filing 2026-03-31 2026-05-15
MSTR
STRATEGY INC
PUT
PUT Option 0.48% 0.42% #26 11
Prev: #37
0.7
-264,100 -19.0%
P
S
1,122,800 $184,105,516 2012 Q3 13F Filing 2026-03-31 2026-05-15
N/A
NEXTERA ENERGY ...
Unknown 0.47% #27
Prev: #—
3.7
2,010,521
NEW
2,010,521 $182,153,203 13F Filing 2026-03-31 2026-05-15
AMD
ADVANCED MICRO ...
PUT
PUT Option 0.47% 0.32% #28 27
Prev: #55
2.2
134,400 17.9%
P
S
886,200 $180,279,666 2011 Q1 13F Filing 2026-03-31 2026-05-15
C
CITIGROUP INC
PUT
PUT Option 0.47% 0.23% #29 45
Prev: #74
2.7
353,800 34.9%
P
S
1,366,700 $179,967,056 2011 Q1 13F Filing 2026-03-31 2026-05-15
CRWV
COREWEAVE INC
PUT
PUT Option 0.46% 0.23% #30 46
Prev: #76
0.7
-72,000 -4.4%
P
S
1,556,600 $179,258,056 2025 Q2 13F Filing 2026-03-31 2026-05-15
SLV
ISHARES SILVER ...
CALL
CALL Option 0.46% 0.51% #31 1
Prev: #30
0.2
-1,429,700 -35.6%
P
S
2,581,200 $175,882,968 2011 Q1 13F Filing 2026-03-31 2026-05-15
XLI
SELECT SECTOR S...
PUT
PUT Option 0.42% 0.26% #32 32
Prev: #64
2.2
90,100 10.5%
P
S
951,800 $163,176,592 2011 Q2 13F Filing 2026-03-31 2026-05-15
BA
BOEING CO
PUT
PUT Option 0.42% 0.59% #33 11
Prev: #22
0.2
-633,900 -46.1%
P
S
740,700 $162,331,812 2011 Q1 13F Filing 2026-03-31 2026-05-15
EEM
ISHARES TR
PUT
PUT Option 0.41% 0.32% #34 19
Prev: #53
0.7
-154,500 -5.2%
P
S
2,815,500 $159,892,245 2011 Q1 13F Filing 2026-03-31 2026-05-15
GDX
VANECK ETF TRUS...
PUT
PUT Option 0.41% 0.16% #35 72
Prev: #107
3.2
764,200 82.6%
P
S
1,689,000 $157,060,110 2016 Q2 13F Filing 2026-03-31 2026-05-15
BAC
BANK AMERICA CO...
PUT
PUT Option 0.40% 0.31% #36 20
Prev: #56
0.7
87,500 3.1%
P
S
2,905,000 $155,359,400 2011 Q1 13F Filing 2026-03-31 2026-05-15
CVX
CHEVRON CORPORA...
PUT
PUT Option 0.38% 0.12% #37 97
Prev: #134
3.2
406,800 105.2%
P
S
793,500 $147,575,130 2011 Q2 13F Filing 2026-03-31 2026-05-15
TSLA
TESLA INC
CALL
CALL Option 0.38% 0.69% #38 20
Prev: #18
0.2
-397,900 -51.1%
P
S
381,400 $147,380,588 2011 Q4 13F Filing 2026-03-31 2026-05-15
V
VISA INC
CALL
CALL Option 0.37% 0.55% #39 14
Prev: #25
0.1
-338,100 -42.4%
P
S
458,700 $142,169,478 2011 Q1 13F Filing 2026-03-31 2026-05-15
MU
MICRON TECHNOLO...
PUT
PUT Option 0.37% 0.34% #40 8
Prev: #48
0.1
-182,600 -30.3%
P
S
420,600 $142,095,504 2011 Q1 13F Filing 2026-03-31 2026-05-15
IBIT
ISHARES BITCOIN...
PUT
PUT Option 0.36% 0.22% #41 37
Prev: #78
2.6
1,067,500 47.9%
P
S
3,297,600 $140,180,976 2024 Q2 13F Filing 2026-03-31 2026-05-15
JPM
JPMORGAN CHASE ...
PUT
PUT Option 0.35% 0.32% #42 8
Prev: #50
0.6
-75,100 -14.7%
P
S
434,900 $136,123,700 2011 Q1 13F Filing 2026-03-31 2026-05-15
NFLX
NETFLIX INC.
CALL
CALL Option 0.35% 0.15% #43 69
Prev: #112
3.1
655,200 80.4%
P
S
1,470,000 $136,092,600 2011 Q1 13F Filing 2026-03-31 2026-05-15
ORCL
ORACLE CORP
PUT
PUT Option 0.34% 0.60% #44 23
Prev: #21
0.1
-667,400 -43.1%
P
S
882,100 $129,765,731 2011 Q1 13F Filing 2026-03-31 2026-05-15
ORCL
ORACLE CORP
CALL
CALL Option 0.33% 0.25% #45 27
Prev: #72
2.6
235,500 36.9%
P
S
873,600 $128,515,296 2011 Q1 13F Filing 2026-03-31 2026-05-15
SLV
ISHARES SILVER ...
PUT
PUT Option 0.33% 0.39% #46 7
Prev: #39
0.1
-1,162,900 -38.3%
P
S
1,872,700 $127,605,778 2011 Q1 13F Filing 2026-03-31 2026-05-15
MSFT
MICROSOFT CORP
CALL
CALL Option 0.32% 0.44% #47 12
Prev: #35
0.1
-122,300 -26.7%
P
S
336,400 $124,525,188 2011 Q1 13F Filing 2026-03-31 2026-05-15
AAL
AMERICAN AIRLIN...
PUT
PUT Option 0.32% 0.38% #48 7
Prev: #41
0.6
-1,934,400 -15.5%
P
S
10,531,800 $123,959,286 2014 Q1 13F Filing 2026-03-31 2026-05-15
BABA
ALIBABA GROUP H...
PUT
PUT Option 0.32% 0.39% #49 11
Prev: #38
0.1
-368,300 -27.5%
P
S
972,700 $122,034,942 2014 Q3 13F Filing 2026-03-31 2026-05-15
AVGO
BROADCOM INC
PUT
PUT Option 0.32% 0.97% #50 35
Prev: #15
0.1
-1,021,400 -72.2%
P
S
393,800 $121,885,038 2016 Q1 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 1964 holdings

Unlock Full Parallax Volatility Advisers, L.P. Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics
Full history →