Parallax Volatility Advisers, L.P.
13F Reported Value
ⓘ$58.9B
incl. option notional
Equity Holdings
ⓘ$2.7B
Option Notional
ⓘ$56.2B
$37.0B puts / $19.1B calls
Holdings
1,502
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
Parallax Volatility Advisers, L.P. disclosed 1,502 positions worth $58.9B in its Form 13F-HR for Q2 2026 — $2.7B in common stock plus $56.2B of put/call option positions (reported at underlying notional value, not premium at risk), led by $SPY (SPDR S&P 500 ETF TRUST) puts, followed by $QQQ and $SPY. During the quarter the fund opened 355 new positions and exited 279 — including a new stake in $ADSK and a full exit from $SPOT. The portfolio is most concentrated in Technology (34.3% of disclosed assets). All figures are sourced directly from Parallax Volatility Advisers, L.P.’s Form 13F-HR filing with the SEC under CIK 1521001.
AI Fund Analysis
Concentrating
Sector Allocation
AUM History
Top Equity Holdings by Value
Option Positions
13F rules report options at the value of the underlying shares (notional) — not the premium paid or capital at risk. Shown separately from the equity sleeve above.
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- —
Quality
$19.5B26,122,000 sh - $6.1B8,297,700 sh
- —
Quality
$3.4B4,551,000 sh - $3.0B4,092,300 sh
ISHARES TR - RUSSELL 2000 ETF PUT
—Quality
$1.5B5,055,600 sh- —
Quality
$813.8M2,209,000 sh SELECT SECTOR SPDR TR - ST STR FINL ETF PUT
—Quality
$688.9M12,850,500 sh- 85.9
Quality
$601.5M3,006,100 sh VANECK ETF TRUST - SEMICONDUCTR ETF CALL
—Quality
$568.2M866,300 shVANECK ETF TRUST - SEMICONDUCTR ETF PUT
—Quality
$559.3M852,700 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
 SPDR S&P 500 ETF TRUST$SPYPUT | — | $19.5B | 26,122,000 |
 INVESCO QQQ TRUST, SERIES 1$QQQCALL | — | $6.1B | 8,297,700 |
| SPDR S&P 500 ETF TRUST$SPYCALL | — | $3.4B | 4,551,000 |
| INVESCO QQQ TRUST, SERIES 1$QQQPUT | — | $3.0B | 4,092,300 |
| ISHARES TR - RUSSELL 2000 ETF PUT | — | $1.5B | 5,055,600 |
 SPDR GOLD TRUST$GLDCALL | — | $813.8M | 2,209,000 |
| SELECT SECTOR SPDR TR - ST STR FINL ETF PUT | — | $688.9M | 12,850,500 |
 NVIDIA CORP$NVDAPUT | 85.9 | $601.5M | 3,006,100 |
| VANECK ETF TRUST - SEMICONDUCTR ETF CALL | — | $568.2M | 866,300 |
| VANECK ETF TRUST - SEMICONDUCTR ETF PUT | — | $559.3M | 852,700 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of Parallax Volatility Advisers, L.P.'s 1,502 positions.
Showing top 10 of 1,502 holdings.
Sector Allocation
Technology
$927.2M
Financials
$452.7M
Other
$410.9M
Industrials
$183.5M
Consumer Discretionary
$164.5M
Energy
$146.2M
Materials
$110.3M
Healthcare
$102.7M
Top Holdings — Parallax Volatility Advisers, L.P. (Q2 2026)
Top 150 of 1,502 disclosed positions (by reported value) from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $SPYPUT | SPDR S&P 500 ETF TRUST | $19.5B | — | +169% | — |
| 2 | $QQQCALL | INVESCO QQQ TRUST, SERIES 1 | $6.1B | — | +157% | — |
| 3 | $SPYCALL | SPDR S&P 500 ETF TRUST | $3.4B | — | +77% | — |
| 4 | $QQQPUT | INVESCO QQQ TRUST, SERIES 1 | $3.0B | — | -3% | — |
| 5 | — | ISHARES TR - RUSSELL 2000 ETF | $1.5B | — | +19% | — |
| 6 | $GLDCALL | SPDR GOLD TRUST | $813.8M | — | +171% | — |
| 7 | — | SELECT SECTOR SPDR TR - ST STR FINL ETF | $688.9M | — | -9% | — |
| 8 | $NVDAPUT | NVIDIA CORP | $601.5M | — | +17% | 85.9 |
| 9 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | $568.2M | — | -20% | — |
| 10 | — | VANECK ETF TRUST - SEMICONDUCTR ETF | $559.3M | — | +27% | — |
| 11 | — | SELECT SECTOR SPDR TR - ST STR FINL ETF | $538.7M | — | -37% | — |
| 12 | — | ISHARES TR - RUSSELL 2000 ETF | $468.6M | — | -47% | — |
| 13 |  $MUPUT | MICRON TECHNOLOGY INC | $390.5M | — | -20% | 86.2 |
| 14 |  $AMDPUT | ADVANCED MICRO DEVICES INC | $348.9M | — | -32% | 79.8 |
| 15 | — | ISHARES TR - MSCI EAFE ETF | $309.1M | — | +34% | — |
| 16 |  $TSLACALL | Tesla, Inc. | $286.8M | — | +79% | 53.9 |
| 17 | $GLDPUT | SPDR GOLD TRUST | $254.7M | — | -5% | — |
| 18 | $TSLAPUT | Tesla, Inc. | $250.6M | — | -28% | 53.9 |
| 19 | $NVDACALL | NVIDIA CORP | $236.0M | — | -43% | 85.9 |
| 20 | $NVDA | NVIDIA CORP | $231.6M | 8.6% | +2118% | 85.9 |
| 21 | — | ISHARES TR - 20 YR TR BD ETF | $226.1M | — | +802% | — |
| 22 | — | SELECT SECTOR SPDR TR - ST STR ENERG ETF | $223.4M | — | -31% | — |
| 23 | — | ISHARES TR - IBOXX HI YD ETF | $220.2M | — | +293% | — |
| 24 | — | ISHARES TR - MSCI EMG MKT ETF | $219.3M | — | +14% | — |
| 25 | — | NEXTERA ENERGY INC - UNIT 02/15/2029 | $207.2M | 7.7% | +17% | — |
| 26 |  $GOOGPUT | Alphabet Inc. | $205.8M | — | -15% | 78.2 |
| 27 |  $AMZNPUT | AMAZON COM INC | $195.6M | — | -5% | 68.7 |
| 28 | — | SELECT SECTOR SPDR TR - ST STR INDL ETF | $192.8M | — | +9% | — |
| 29 |  $WMTPUT | Walmart Inc. | $183.4M | — | +202% | 60.2 |
| 30 | $AMDCALL | ADVANCED MICRO DEVICES INC | $176.9M | — | -38% | 79.8 |
| 31 |  $AALPUT | American Airlines Group Inc. | $172.9M | — | -9% | 53.4 |
| 32 |  $BAPUT | BOEING CO | $172.9M | — | +8% | 61.6 |
| 33 |  $TTWOPUT | TAKE TWO INTERACTIVE SOFTWARE INC | $167.3M | — | +53% | 55.6 |
| 34 |  $METAPUT | Meta Platforms, Inc. | $166.6M | — | -54% | 79.6 |
| 35 |  $AAPLCALL | Apple Inc. | $164.4M | — | +120% | 76.4 |
| 36 | — | SPDR SERIES TRUST - ST STR SP REGBNK | $161.7M | — | +29% | — |
| 37 | — | ISHARES TR - MSCI EAFE ETF | $158.3M | — | +38% | — |
| 38 |  $VCALL | VISA INC. | $157.2M | — | -0% | 82.9 |
| 39 |  $SLVCALL | iShares Silver Trust | $141.5M | — | +3% | — |
| 40 |  $IBITCALL | iShares Bitcoin Trust ETF | $134.2M | — | -33% | — |
| 41 |  $INTCPUT | INTEL CORP | $132.5M | — | -40% | 45.6 |
| 42 |  $ORCLPUT | ORACLE CORP | $122.6M | — | -5% | 67.9 |
| 43 | — | VANECK ETF TRUST - GOLD MINERS ETF | $121.3M | — | -5% | — |
| 44 | $IBITPUT | iShares Bitcoin Trust ETF | $119.5M | — | +9% | — |
| 45 |  $EATPUT | BRINKER INTERNATIONAL, INC | $119.4M | — | +4% | 67.9 |
| 46 | — | SELECT SECTOR SPDR TR - ST STR ENERG ETF | $118.4M | — | +39% | — |
| 47 |  $MRVLPUT | Marvell Technology, Inc. | $114.1M | — | -28% | 76.5 |
| 48 |  $BRK.BCALL | BERKSHIRE HATHAWAY INC | $110.8M | — | -0% | 73.8 |
| 49 |  $NFLXPUT | NETFLIX INC | $110.3M | — | +49% | 78.8 |
| 50 |  $CMGPUT | CHIPOTLE MEXICAN GRILL INC | $107.3M | — | NEW | 65.1 |
| 51 |  $IBMPUT | INTERNATIONAL BUSINESS MACHINES CORP | $105.3M | — | -25% | 70 |
| 52 |  $MSTRPUT | Strategy Inc | $104.8M | — | +7% | 17.9 |
| 53 | $AMZNCALL | AMAZON COM INC | $102.4M | — | -61% | 68.7 |
| 54 |  $AVGOPUT | Broadcom Inc. | $102.1M | — | -31% | 84.5 |
| 55 | — | VANECK ETF TRUST - GOLD MINERS ETF | $101.3M | — | +41% | — |
| 56 | $SLVPUT | iShares Silver Trust | $101.1M | — | +1% | — |
| 57 |  $QCOMCALL | QUALCOMM INC/DE | $100.5M | — | +77% | 70.5 |
| 58 | $INTCCALL | INTEL CORP | $100.5M | — | -44% | 45.6 |
| 59 | $AAPLPUT | Apple Inc. | $99.0M | — | -73% | 76.4 |
| 60 |  $GSCALL | GOLDMAN SACHS GROUP INC | $97.4M | — | +25% | 73.5 |
| 61 | $GOOGCALL | Alphabet Inc. | $97.4M | — | -4% | 78.2 |
| 62 |  $CPUT | CITIGROUP INC | $97.0M | — | -49% | 65 |
| 63 | $NFLXCALL | NETFLIX INC | $95.8M | — | -9% | 78.8 |
| 64 |  $LYVPUT | Live Nation Entertainment, Inc. | $93.1M | — | +4% | 52.9 |
| 65 |  $TPRPUT | TAPESTRY, INC. | $92.9M | — | +0% | 72.7 |
| 66 |  $SHOPPUT | SHOPIFY INC. | $90.0M | — | +4534% | 64.9 |
| 67 |  $ADSKPUT | Autodesk, Inc. | $89.6M | — | NEW | 78.6 |
| 68 |  $UALPUT | United Airlines Holdings, Inc. | $88.8M | — | +6% | 60.8 |
| 69 |  $TSMPUT | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $85.6M | — | -48% | — |
| 70 |  $SPCXCALL | SPACE EXPLORATION TECHNOLOGIES CORP | $85.5M | — | NEW | — |
| 71 |  $ARMPUT | ARM HOLDINGS PLC /UK | $85.3M | — | -32% | — |
| 72 |  $MSFTPUT | MICROSOFT CORP | $83.1M | — | -17% | 79.8 |
| 73 |  $NBISCALL | Nebius Group N.V. | $83.1M | — | +36% | — |
| 74 |  $XOM.R34088PUT | EXXON MOBIL CORP | $82.2M | — | +69% | 57.9 |
| 75 | $XOM.R34088CALL | EXXON MOBIL CORP | $81.9M | — | -18% | 57.9 |
| 76 | $MSFTCALL | MICROSOFT CORP | $80.0M | — | -36% | 79.8 |
| 77 | $QCOMPUT | QUALCOMM INC/DE | $79.8M | — | +91% | 70.5 |
| 78 |  $BACPUT | BANK OF AMERICA CORP /DE/ | $79.4M | — | -52% | 67.6 |
| 79 |  $BURLPUT | Burlington Stores, Inc. | $79.2M | — | NEW | 65.2 |
| 80 |  $JPMPUT | JPMORGAN CHASE & CO | $79.0M | — | -45% | 70.7 |
| 81 |  $APOCALL | Apollo Global Management, Inc. | $77.5M | — | +4% | 52.1 |
| 82 |  $CVXCALL | CHEVRON CORP | $76.5M | — | -20% | 62.8 |
| 83 | $GSPUT | GOLDMAN SACHS GROUP INC | $72.1M | — | +1% | 73.5 |
| 84 | $NBISPUT | Nebius Group N.V. | $71.1M | — | +8% | — |
| 85 | $SPCXPUT | SPACE EXPLORATION TECHNOLOGIES CORP | $69.3M | — | NEW | — |
| 86 | $CVXPUT | CHEVRON CORP | $66.7M | — | -49% | 62.8 |
| 87 |  $PLTRPUT | Palantir Technologies Inc. | $64.6M | — | +34% | 84.6 |
| 88 | $INTC | INTEL CORP | $64.2M | 2.4% | +106% | 45.6 |
| 89 |  $WDCCALL | WESTERN DIGITAL CORP | $63.9M | — | -32% | 80.7 |
| 90 | — | SELECT SECTOR SPDR TR - ST STR CARE ETF | $63.5M | — | +515% | — |
| 91 |  $GLWPUT | CORNING INC /NY | $60.6M | — | +17% | 73.7 |
| 92 | — | SPDR SERIES TRUST - ST STR SP REGBNK | $60.5M | — | +310% | — |
| 93 | $CCALL | CITIGROUP INC | $60.2M | — | -41% | 65 |
| 94 |  $ASMLCALL | ASML HOLDING NV | $59.9M | — | +2910% | — |
| 95 |  $CRWVCALL | CoreWeave, Inc. | $59.2M | — | -38% | 52.2 |
| 96 |  $AXONPUT | AXON ENTERPRISE, INC. | $59.1M | — | +7% | 56.6 |
| 97 |  $PANWPUT | Palo Alto Networks Inc | $58.3M | — | +23% | 65.5 |
| 98 |  $UNHPUT | UNITEDHEALTH GROUP INC | $56.9M | — | +34% | 62.7 |
| 99 | — | ISHARES TR - ISHARES SEMICDTR | $56.1M | — | +34% | — |
| 100 |  $SNOWCALL | Snowflake Inc. | $55.9M | — | -12% | 54.9 |
| 101 |  $MMMPUT | 3M CO | $55.9M | — | +1% | 64.9 |
| 102 |  $AMAT | APPLIED MATERIALS INC /DE | $55.6M | 2.1% | NEW | 72.3 |
| 103 |  $SMTCPUT | SEMTECH CORP | $55.4M | — | +4% | 55.9 |
| 104 |  $BABACALL | Alibaba Group Holding Ltd | $54.6M | — | +83% | — |
| 105 | $TSMCALL | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | $54.5M | — | +20% | — |
| 106 | $BABAPUT | Alibaba Group Holding Ltd | $54.4M | — | -42% | — |
| 107 | — | ISHARES INC - MSCI BRAZIL ETF | $53.5M | — | +135% | — |
| 108 |  $DALPUT | DELTA AIR LINES, INC. | $52.2M | — | -39% | 57.5 |
| 109 |  $CEGPUT | Constellation Energy Corp | $51.9M | — | +16% | 59.4 |
| 110 | — | SELECT SECTOR SPDR TR - ST STR TECHN ETF | $51.3M | — | +80% | — |
| 111 |  $TMUSPUT | T-Mobile US, Inc. | $50.5M | — | +8% | 69.1 |
| 112 | $AMZN | AMAZON COM INC | $50.0M | 1.9% | NEW | 68.7 |
| 113 |  $WFCPUT | WELLS FARGO & COMPANY/MN | $49.6M | — | -6% | 61.8 |
| 114 |  $UBERPUT | Uber Technologies, Inc | $48.7M | — | -40% | 73.5 |
| 115 |  $MSCALL | MORGAN STANLEY | $47.9M | — | -27% | 75.8 |
| 116 |  $NBRPUT | NABORS INDUSTRIES LTD | $47.4M | — | +14% | — |
| 117 |  $TXNPUT | TEXAS INSTRUMENTS INC | $47.0M | — | +95% | 73.4 |
| 118 |  $WMBPUT | WILLIAMS COMPANIES, INC. | $46.1M | — | +257% | 64.3 |
| 119 | $MUCALL | MICRON TECHNOLOGY INC | $45.8M | — | +13% | 86.2 |
| 120 |  $SLBPUT | SLB LIMITED/NV | $45.8M | — | -2% | 57.9 |
| 121 | $CRWVPUT | CoreWeave, Inc. | $45.7M | — | -70% | 52.2 |
| 122 | $MRVLCALL | Marvell Technology, Inc. | $45.7M | — | -41% | 76.5 |
| 123 |  $IRENCALL | IREN Ltd | $45.3M | — | +40% | 46.3 |
| 124 | $AVGOCALL | Broadcom Inc. | $44.6M | — | +76% | 84.5 |
| 125 |  $NUCALL | Nu Holdings Ltd. | $44.3M | — | +173% | — |
| 126 |  $RIOTCALL | Riot Platforms, Inc. | $44.1M | — | -5% | 38.3 |
| 127 | $MU | MICRON TECHNOLOGY INC | $44.0M | 1.6% | -46% | 86.2 |
| 128 |  $PFECALL | PFIZER INC | $43.9M | — | +51% | 62 |
| 129 |  $COINPUT | Coinbase Global, Inc. | $43.6M | — | -48% | 44.8 |
| 130 |  $CCLPUT | Carnival Corp Ltd. | $42.9M | — | -0% | — |
| 131 |  $DELLPUT | Dell Technologies Inc. | $42.8M | — | -42% | 71.2 |
| 132 |  $SBUXPUT | STARBUCKS CORP | $42.7M | — | +336% | 58.2 |
| 133 |  $DDOGPUT | Datadog, Inc. | $42.4M | — | -74% | 71.4 |
| 134 | $SNOWPUT | Snowflake Inc. | $42.3M | — | +38% | 54.9 |
| 135 | $GS | GOLDMAN SACHS GROUP INC | $42.2M | 1.6% | +25% | 73.5 |
| 136 |  $ARESPUT | Ares Management Corp | $42.0M | — | +30% | 60.9 |
| 137 |  $BTDRCALL | Bitdeer Technologies Group | $41.9M | — | +2% | — |
| 138 | $SLBCALL | SLB LIMITED/NV | $41.7M | — | -2% | 57.9 |
| 139 |  $SMCIPUT | Super Micro Computer, Inc. | $41.3M | — | +43% | 62 |
| 140 |  $HOODCALL | Robinhood Markets, Inc. | $41.0M | — | +4% | 82.1 |
| 141 | — | ISHARES TR - EXPANDED TECH | $40.9M | — | +50% | — |
| 142 |  $AXPCALL | AMERICAN EXPRESS CO | $40.5M | — | -54% | 69.4 |
| 143 |  $AFRMPUT | Affirm Holdings, Inc. | $40.5M | — | -5% | 81.3 |
| 144 | $VPUT | VISA INC. | $40.3M | — | -25% | 82.9 |
| 145 | $ASMLPUT | ASML HOLDING NV | $40.0M | — | -42% | — |
| 146 | $DALCALL | DELTA AIR LINES, INC. | $39.9M | — | -56% | 57.5 |
| 147 | $ARMCALL | ARM HOLDINGS PLC /UK | $39.0M | — | -18% | — |
| 148 |  $MCHPCALL | MICROCHIP TECHNOLOGY INC | $38.8M | — | +93% | 52.9 |
| 149 | $METACALL | Meta Platforms, Inc. | $38.6M | — | -82% | 79.6 |
| 150 |  $BXMTPUT | BLACKSTONE MORTGAGE TRUST, INC. | $38.6M | — | +1% | 41.1 |
New Positions (355)
$ADSKPUT Autodesk, Inc.$89.6M$SPCXCALL SPACE EXPLORATION TECHNOLOGIES CORP$85.5M$BURLPUT Burlington Stores, Inc.$79.2M$SPCXPUT SPACE EXPLORATION TECHNOLOGIES CORP$69.3M$AMAT APPLIED MATERIALS INC /DE$55.6M$AMZN AMAZON COM INC$50.0M
$CSCO CISCO SYSTEMS, INC.$27.5M$META Meta Platforms, Inc.$23.5M
$IVZPUT Invesco Ltd.$22.4M$DELL Dell Technologies Inc.$22.1M
$BSXPUT BOSTON SCIENTIFIC CORP$20.1M
$ETHAPUT iShares Ethereum Trust ETF$15.8M
$SPGPUT SIMON PROPERTY GROUP INC.$14.9M
$CCZPUT COMCAST CORP$14.7M
$MIRCALL Mirion Technologies, Inc.$14.3MExited Positions (279)
$SPOTPUT Spotify Technology S.A.
$EXEPUT EXPAND ENERGY Corp
$DHRPUT DANAHER CORP /DE/$TXNCALL TEXAS INSTRUMENTS INC
$PINSCALL PINTEREST, INC.
$CTRACALL Coterra Energy Inc.
$HWMPUT Howmet Aerospace Inc.
$RRCCALL RANGE RESOURCES CORP
$ABTCALL ABBOTT LABORATORIES
$XPCALL XP Inc.Browse Top Institutional Investors
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