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

CIK 1521001 · latest 13F-HR filed 2026-08-14

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Parallax Volatility Advisers, L.P. manages $58.87B in 13F-reported U.S. long-equity assets across 1,502 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SPY (33.14%), QQQ (10.38%), SPY (5.77%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 181 new positions, exited 145, added to 243, and trimmed 176.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
101 MONTGOMERY STREET
SUITE 700
SAN FRANCISCO, CA 94104
Phone
(415) 445-6646
Filing Manager
Parallax Volatility Advisers, L.P.
San Francisco, CA
Signatory
Jill Armstrong
Chief Compliance Officer
Loading holdings…
AUM

$58.87B

Long-equity book

Holdings

1,502

Distinct positions

Period

2026-06-30

Filed 2026-08-14

Q/Q Activity

+181 / −145 / ↑243 / ↓176

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • NVIDIA CORPORATION$222.5M +2445.1%
  • INTEL CORP$54.3M +552.5%
  • WALMART INC$36.9M +4948041.2%
  • EXXON MOBIL CORP$31.7M +1470.1%
  • LAM RESEARCH CORP$28.8M +1756.1%
Show all 243 →

Top Trims

  • SELECT SECTOR SPDR TR-$104.2M -100.0%
  • APPLE INC-$58.2M -74.1%
  • SELECT SECTOR SPDR TR-$36.7M -100.0%
  • VANECK ETF TRUST-$24.2M -100.0%
  • PEPSICO INC-$23.0M -92.5%
Show all 176 →

New Positions

  • APPLIED MATLS INC$55.6M
  • AMAZON COM INC$50.0M
  • CISCO SYS INC$27.5M
  • META PLATFORMS INC$23.5M
  • DELL TECHNOLOGIES INC$22.1M
Show all 181 →

Exited Positions

  • ORACLE CORP$46.9M
  • COINBASE GLOBAL INC$34.8M
  • ISHARES INC$20.5M
  • QUANTA SVCS INC$13.2M
  • ASML HLDG NV$10.6M
Show all 145 →
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 STATE STR SPDR S&P 500 ETF T Put SPY 78462F103 $19.51B 33.14% 26,122,000 SH
2 INVESCO QQQ TR Call QQQ 46090E103 $6.11B 10.38% 8,297,700 SH
3 STATE STR SPDR S&P 500 ETF T Call SPY 78462F103 $3.40B 5.77% 4,551,000 SH
4 INVESCO QQQ TR Put QQQ 46090E103 $3.01B 5.12% 4,092,300 SH
5 ISHARES TR Put IWM 464287655 $1.52B 2.58% 5,055,600 SH
6 SPDR GOLD TR Call GLD 78463V107 $813.8M 1.38% 2,209,000 SH
7 SELECT SECTOR SPDR TR Put XLF 81369Y605 $688.9M 1.17% 12,850,500 SH
8 NVIDIA CORPORATION Put NVDA 67066G104 $601.5M 1.02% 3,006,100 SH
9 VANECK ETF TRUST Call SMH 92189F676 $568.2M 0.97% 866,300 SH
10 VANECK ETF TRUST Put SMH 92189F676 $559.3M 0.95% 852,700 SH
11 SELECT SECTOR SPDR TR Call XLF 81369Y605 $538.7M 0.92% 10,047,600 SH
12 ISHARES TR Call IWM 464287655 $468.6M 0.80% 1,559,700 SH
13 MICRON TECHNOLOGY INC Put MU 595112103 $390.5M 0.66% 338,300 SH
14 ADVANCED MICRO DEVICES INC Put AMD 007903107 $348.9M 0.59% 600,600 SH
15 ISHARES TR Put EFA 464287465 $309.1M 0.53% 2,975,500 SH
16 TESLA INC Call TSLA 88160R101 $286.8M 0.49% 682,000 SH
17 SPDR GOLD TR Put GLD 78463V107 $254.7M 0.43% 691,500 SH
18 TESLA INC Put TSLA 88160R101 $250.6M 0.43% 595,900 SH
19 NVIDIA CORPORATION Call NVDA 67066G104 $236.0M 0.40% 1,179,700 SH
20 NVIDIA CORPORATION NVDA 67066G104 $231.6M 0.39% 1,157,378 SH
21 ISHARES TR Call TLT 464287432 $226.1M 0.38% 2,616,100 SH
22 SELECT SECTOR SPDR TR Put XLE 81369Y506 $223.4M 0.38% 4,205,800 SH
23 ISHARES TR Call HYG 464288513 $220.2M 0.37% 2,753,700 SH
24 ISHARES TR Put EEM 464287234 $219.3M 0.37% 3,206,400 SH
25 NEXTERA ENERGY INC NEEPV 65339F655 $207.2M 0.35% 2,360,663 SH
26 ALPHABET INC Put GOOGL 02079K305 $205.8M 0.35% 575,800 SH
27 AMAZON COM INC Put AMZN 023135106 $195.6M 0.33% 820,800 SH
28 SELECT SECTOR SPDR TR Put XLI 81369Y704 $192.8M 0.33% 1,041,100 SH
29 WALMART INC Put WMT 931142103 $183.4M 0.31% 1,619,100 SH
30 ADVANCED MICRO DEVICES INC Call AMD 007903107 $176.9M 0.30% 304,600 SH
31 AMERICAN AIRLINES GROUP INC Put AAL 02376R102 $172.9M 0.29% 9,569,400 SH
32 BOEING CO Put BA 097023105 $172.9M 0.29% 798,700 SH
33 TAKE-TWO INTERACTIVE SOFTWAR Put TTWO 874054109 $167.3M 0.28% 669,400 SH
34 META PLATFORMS INC Put META 30303M102 $166.6M 0.28% 295,800 SH
35 APPLE INC Call AAPL 037833100 $164.4M 0.28% 568,200 SH
36 SPDR SERIES TRUST Put KRE 78464A698 $161.7M 0.27% 2,160,200 SH
37 ISHARES TR Call EFA 464287465 $158.3M 0.27% 1,523,900 SH
38 VISA INC Call V 92826C839 $157.2M 0.27% 458,300 SH
39 ISHARES SILVER TR Call SLV 46428Q109 $141.5M 0.24% 2,645,800 SH
40 ISHARES BITCOIN TRUST ETF Call IBIT 46438F101 $134.2M 0.23% 4,032,100 SH
41 INTEL CORP Put INTC 458140100 $132.5M 0.23% 949,100 SH
42 ORACLE CORP Put ORCL 68389X105 $122.6M 0.21% 836,400 SH
43 VANECK ETF TRUST Put GDX 92189F106 $121.3M 0.21% 1,607,200 SH
44 ISHARES BITCOIN TRUST ETF Put IBIT 46438F101 $119.5M 0.20% 3,590,800 SH
45 BRINKER INTL INC Put EAT 109641100 $119.4M 0.20% 710,900 SH
46 SELECT SECTOR SPDR TR Call XLE 81369Y506 $118.4M 0.20% 2,228,400 SH
47 MARVELL TECHNOLOGY INC Put MRVL 573874104 $114.1M 0.19% 383,100 SH
48 BERKSHIRE HATHAWAY INC DEL Call BRK.B 084670702 $110.8M 0.19% 221,500 SH
49 NETFLIX INC. Put NFLX 64110L106 $110.3M 0.19% 1,544,700 SH
50 CHIPOTLE MEXICAN GRILL INC Put CMG 169656105 $107.3M 0.18% 3,155,200 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $58.87B 1,502 0001172661-26-003723
2026-03-31 2026-05-15 $38.56B 1,428 0001172661-26-002271
2025-12-31 2026-02-17 $50.70B 1,605 0001172661-26-001067
2025-09-30 2025-11-14 $65.94B 1,573 0001172661-25-005017