Question 1

How many shares of SMH does Parallax Volatility Advisers, L.P. own?

Accepted Answer

Parallax Volatility Advisers, L.P. previously held 0 shares of SMH (VANECK ETF TRUST) before exiting the position in 2025-Q4.

Question 2

What is Parallax Volatility Advisers, L.P.'s SMH position worth?

Accepted Answer

Parallax Volatility Advisers, L.P.'s SMH position was last reported at $0 in 2025-Q4 before the exit.

Question 3

Is Parallax Volatility Advisers, L.P. buying or selling SMH?

Accepted Answer

In 2025-Q4, Parallax Volatility Advisers, L.P. exited their SMH position entirely (-100.0% change in shares).

Question 4

When did Parallax Volatility Advisers, L.P. first buy SMH?

Accepted Answer

Based on available 13F filings, Parallax Volatility Advisers, L.P. first reported a position in SMH in 2024-Q2. They have held the position across 15 quarters.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	$363.31	0
2025-Q3	Decreased	48,366	-25.0%	$15.8M	0.0%	$321.66	0
2025-Q2	Decreased	64,457	-67.0%	$18M	0.0%	$277.56	0
2025-Q1	Increased	195,378	+211.5%	$41.3M	0.1%	$211.51	56
2024-Q4	Decreased	62,719	-24.0%	$15.2M	0.0%	$243.90	0
2024-Q3	Increased	82,497	+314.2%	$20.2M	0.0%	$245.88	46
2024-Q2	Decreased	19,916	-24.0%	$5.2M	0.0%	$258.74	0

SMHShowing 7 of 15 quarters

SMH
Showing 7 of 15 quarters