Parallax Volatility Advisers, L.P.
Institutional investor · Portfolio as of Q1 2026
Top Holdings1,428 positions
STATE STR SPDR S&P 500 ETF T | 9.7M | $6.3B | 16.4% | — | — | — | Decreased — |
INVESCO QQQ TR | 4.2M | $2.4B | 6.3% | — | — | — | Increased — |
INVESCO QQQ TR | 3.2M | $1.9B | 4.8% | — | — | — | Increased — |
STATE STR SPDR S&P 500 ETF T | 2.6M | $1.7B | 4.3% | — | — | — | Decreased — |
ISHARES TR | 4.3M | $1.1B | 2.7% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 16M | $838.7M | 2.2% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 14.2M | $740.5M | 1.9% | — | — | — | Increased — |
ISHARES TR | 2.9M | $728.3M | 1.9% | — | — | — | Increased — |
NVIDIA CORPORATION | 2.6M | $447.7M | 1.2% | — | — | — | Decreased — |
VANECK ETF TRUST | 1.1M | $417.3M | 1.1% | — | — | — | Increased — |
ISHARES TR | 5.2M | $410.7M | 1.1% | — | — | — | Increased — |
META PLATFORMS INC | 637,700 | $364.8M | 0.9% | — | — | — | Decreased — |
NVIDIA CORPORATION | 2.1M | $359.3M | 0.9% | — | — | — | Decreased — |
SPDR GOLD TR | 815,700 | $351M | 0.9% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 6.1M | $340.8M | 0.9% | — | — | — | Increased — |
TESLA INC | 833,000 | $321.9M | 0.8% | — | — | — | Decreased — |
APPLE INC | 1.3M | $321.8M | 0.8% | — | — | — | Decreased — |
SPDR GOLD TR | 728,700 | $313.6M | 0.8% | — | — | — | Decreased — |
AMAZON COM INC | 1.1M | $278.1M | 0.7% | — | — | — | Decreased — |
VANECK ETF TRUST | 671,600 | $257.5M | 0.7% | — | — | — | Decreased — |
Parallax Volatility Advisers, L.P. manages $38.6B across 1428 positions as of Q1 2026. Top holdings: SPY puts (16.4%), QQQ puts (6.3%), QQQ calls (4.8%). Fund DNA: Diversified Scout. HoldingsIntel Score: 1.5/5.0.
Active quarter - 242 new positions, 207 exits, 141 increased. No standout high-conviction moves this quarter. Portfolio: $38.6B across 1428 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
Verify source filings on SEC EDGAR