Parallax Volatility Advisers, L.P.
Institutional investor · Portfolio as of Q4 2023
Top Holdings2,118 positions
Invesco QQQ Trust, Series 1 UNIT SER 1 | 6.8M | $2.8B | 5.7% | — | — | — | Increased — |
State Street Spdr S&p 500 Etf Trust TR UNIT | 4.4M | $2.1B | 4.2% | — | — | — | Decreased — |
State Street Spdr S&p 500 Etf Trust TR UNIT | 4M | $1.9B | 3.9% | — | — | — | Increased — |
iShares Trust RUSSELL 2000 ETF | 5.3M | $1.1B | 2.2% | — | — | — | Decreased — |
Meta Platforms Inc | 3M | $1B | 2.1% | — | — | — | Decreased — |
iShares Trust RUSSELL 2000 ETF | 5M | $1B | 2.1% | — | — | — | Decreased — |
Tesla Inc | 4M | $982.1M | 2.0% | — | — | — | Increased — |
Invesco QQQ Trust, Series 1 UNIT SER 1 | 2.3M | $933.4M | 1.9% | — | — | — | Decreased — |
NVIDIA Corp. | 1.7M | $854.3M | 1.7% | — | — | — | Decreased — |
Meta Platforms Inc | 1.9M | $679.8M | 1.4% | — | — | — | Decreased — |
Apple Inc. | 3.1M | $600.7M | 1.2% | — | — | — | Decreased — |
Microsoft Corp. | 1.5M | $574.4M | 1.2% | — | — | — | Decreased — |
SPDR GOLD SHARES | 2.7M | $516.6M | 1.1% | — | — | — | Increased — |
Microsoft Corp. | 1.3M | $502.2M | 1.0% | — | — | — | Increased — |
Apple Inc. | 2.4M | $464M | 0.9% | — | — | — | Decreased — |
SELECT SECTOR SPDR TR | 5.4M | $449.8M | 0.9% | — | — | — | Decreased — |
Tesla Inc | 1.8M | $437.2M | 0.9% | — | — | — | Decreased — |
Palo Alto Networks Inc | 1.4M | $411.8M | 0.8% | — | — | — | Decreased — |
PINDUODUO INC | 2.6M | $386.3M | 0.8% | — | — | — | Increased — |
SPDR GOLD SHARES | 2M | $380M | 0.8% | — | — | — | Increased — |
Parallax Volatility Advisers, L.P. manages $49B across 2118 positions as of Q4 2023. Top holdings: QQQ puts (5.7%), SPY puts (4.2%), SPY calls (3.9%). Fund DNA: Diversified Scout. HoldingsIntel Score: 1.5/5.0.
Active quarter - 190 new positions, 251 exits, 191 increased. No standout high-conviction moves this quarter. Portfolio: $49.0B across 2118 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