Parallax Volatility Advisers, L.P.
Institutional investor · Portfolio as of Q2 2025
Top Holdings1,527 positions
SPDR SP 500 ETF Trust | 13.6M | $8.4B | 18.9% | — | — | — | Increased — |
INVESCO QQQ TR | 6.2M | $3.4B | 7.7% | — | — | — | Increased — |
INVESCO QQQ TR | 2.3M | $1.3B | 2.9% | — | — | — | Decreased — |
ISHARES TR | 5.2M | $1.1B | 2.5% | — | — | — | Decreased — |
SPDR SP 500 ETF Trust | 1.7M | $1.1B | 2.4% | — | — | — | Increased — |
NVIDIA CORPORATION | 5.6M | $877.9M | 2.0% | — | — | — | Decreased — |
META PLATFORMS INC | 1.2M | $870.8M | 2.0% | — | — | — | Decreased — |
TESLA INC | 1.8M | $580.1M | 1.3% | — | — | — | Decreased — |
META PLATFORMS INC | 760,300 | $561.2M | 1.3% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 8.5M | $443.2M | 1.0% | — | — | — | Increased — |
STRATEGY INC | 1.1M | $439.2M | 1.0% | — | — | — | Increased — |
ISHARES TR | 5.4M | $432.9M | 1.0% | — | — | — | Increased — |
NVIDIA CORPORATION | 2.5M | $394.2M | 0.9% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 7.5M | $393.6M | 0.9% | — | — | — | Increased — |
TESLA INC | 1.2M | $393.1M | 0.9% | — | — | — | Increased — |
ISHARES TR | 1.7M | $376.1M | 0.8% | — | — | — | Decreased — |
BROADCOM INC | 1.3M | $365.7M | 0.8% | — | — | — | Decreased — |
TAIWAN SEMICONDUCTOR MANUFAC | 1.6M | $363.9M | 0.8% | — | — | — | Decreased — |
ISHARES TR | 7.2M | $348.2M | 0.8% | — | — | — | Increased — |
COINBASE GLOBAL INC CLASS A | 965,800 | $338.5M | 0.8% | — | — | — | Decreased — |
Parallax Volatility Advisers, L.P. manages $44.4B across 1527 positions as of Q2 2025. Top holdings: SPY puts (18.9%), QQQ puts (7.7%), QQQ calls (2.9%). Fund DNA: Diversified Scout. HoldingsIntel Score: 1.5/5.0.
Active quarter - 195 new positions, 221 exits, 138 increased. No standout high-conviction moves this quarter. Portfolio: $44.4B across 1527 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