We are live on ! Find out more
Parallax Volatility Advisers

Parallax Volatility Advisers Portfolio holdings

AUM $38.6B
1-Year Est. Return 45.89%
This Fund
S&P 500
This Quarter Est. Return
+13.71%
1 Year Est. Return
+45.89%
3 Year Est. Return
+130.56%
5 Year Est. Return
+159.19%
10 Year Est. Return
+649.1%
AUM
$65.9B
AUM Growth
+$21.6B
Cap. Flow
+$16.1B
Cap. Flow %
24.36%
Top 10 Hldgs %
56.45%
Holding
1,878
New
352
Increased
463
Reduced
522
Closed
305

Top Buys

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$195M
2
GLD icon
SPDR Gold Trust
GLD
+$175M
3
TSLA icon
Tesla
TSLA
+$85.7M
4
PLTR icon
Palantir
PLTR
+$84.2M
5
QQQ icon
Invesco QQQ Trust
QQQ
+$60.9M

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$90M
2
ARM icon
Arm
ARM
+$68.7M
3
NEE.PRT
NextEra Energy 7.234% Corporate Units
NEE.PRT
+$54.7M
4
MSFT icon
Microsoft
MSFT
+$45.3M
5
ARKK icon
ARK Innovation ETF
ARKK
+$40.1M

Sector Composition

Rank Sector Weight
1 Technology 1.33%
2 Communication Services 0.61%
3 Financials 0.53%
4 Consumer Discretionary 0.52%
5 Industrials 0.38%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BRK.B icon
226
PUT
Berkshire Hathaway Class B
BRK.B
$1.13T
$28.3M 0.04%
56,200
-10,000
-15% -$4.84M
AXP icon
227
PUT
American Express
AXP
$230B
$28.2M 0.04%
85,000
-141,800
-63% -$45.1M
CVNA icon
228
PUT
Carvana
CVNA
$77.9B
$28M 0.04%
371,000
-804,500
-68% -$57.5M
NIO icon
229
CALL
NIO
NIO
$11.9B
$27.9M 0.04%
3,666,000
+736,000
+25% +$3.96M
XLU icon
230
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
$27.7M 0.04%
635,600
+114,400
+22% +$4.84M
GEO icon
231
PUT
The GEO Group
GEO
$4.04B
$27.7M 0.04%
1,350,000
+1,040,000
+335% +$23.8M
AMAT icon
232
CALL
Applied Materials
AMAT
$428B
$27.6M 0.04%
134,700
+126,200
+1,485% +$22.9M
UNH icon
233
CALL
UnitedHealth
UNH
$370B
$27.4M 0.04%
79,400
-23,800
-23% -$7.2M
MRK icon
234
CALL
Merck
MRK
$318B
$27.3M 0.04%
325,200
+194,400
+149% +$16M
TTD icon
235
PUT
Trade Desk
TTD
$6.49B
$27.1M 0.04%
552,100
+377,000
+215% +$23.9M
KRE icon
236
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
$26.9M 0.04%
425,500
+29,600
+7% +$1.87M
SOFI icon
237
CALL
SoFi Technologies
SOFI
$23.7B
$26.8M 0.04%
1,014,500
+585,800
+137% +$13.9M
ADI icon
238
CALL
Analog Devices
ADI
$190B
$26.8M 0.04%
109,000
-133,300
-55% -$32M
ABR icon
239
PUT
Arbor Realty Trust
ABR
$998M
$26.4M 0.04%
2,160,600
-175,200
-8% -$2.04M
MS icon
240
Morgan Stanley
MS
$340B
$26.2M 0.04%
+164,861
New +$24.3M
PFE icon
241
CALL
Pfizer
PFE
$153B
$26.2M 0.04%
1,027,300
+614,600
+149% +$15.2M
NEE icon
242
CALL
NextEra Energy
NEE
$177B
$26.1M 0.04%
345,200
+52,100
+18% +$3.81M
MCD icon
243
CALL
McDonald's
MCD
$195B
$26M 0.04%
85,400
-21,200
-20% -$6.45M
PMT
244
PUT
PennyMac Mortgage Investment
PMT
$842M
$25.9M 0.04%
2,113,700
+460,100
+28% +$5.68M
DUK icon
245
PUT
Duke Energy
DUK
$97.3B
$25.6M 0.04%
206,600
-5,000
-2% -$607K
IONQ icon
246
PUT
IonQ
IONQ
$16.6B
$25.5M 0.04%
415,000
+215,000
+108% +$10.1M
CI icon
247
Cigna
CI
$74.6B
$25.3M 0.04%
87,904
-278
-0.3% -$82.3K
CMG icon
248
PUT
Chipotle Mexican Grill
CMG
$41.5B
$25.2M 0.04%
643,300
+150,000
+30% +$6.75M
TGT icon
249
PUT
Target
TGT
$68B
$24.7M 0.04%
274,900
+263,100
+2,230% +$25.9M
APD icon
250
CALL
Air Products & Chemicals
APD
$67.6B
$24.5M 0.04%
+90,000
New +$26.1M
8 9
10
11 12

Similar funds

Empower Advisory Group
Empower Advisory Group Greenwood Village, Colorado $38.5B AUM 18.4% 1-Year Est. Return
Nomura Asset Management
Nomura Asset Management Tokyo, Japan $38.8B AUM 30.94% 1-Year Est. Return
Credit Agricole
Credit Agricole Montrouge Cedex, France $38.1B AUM
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC) Omaha, Nebraska $38.1B AUM 19.66% 1-Year Est. Return
Fayez Sarofim & Co
Fayez Sarofim & Co Houston, Texas $39.1B AUM 15.14% 1-Year Est. Return
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO) Boston, Massachusetts $39.1B AUM 28.69% 1-Year Est. Return
Nomura Holdings
Nomura Holdings Tokyo, Japan $37.7B AUM 34.44% 1-Year Est. Return
HF
HRT Financial New York $40.1B AUM 58.22% 1-Year Est. Return

Parallax Volatility Advisers's Q3 2025 Portfolio in Review

As of Q3 2025, Parallax Volatility Advisers held 1,878 positions worth $65.9B, up 49% from $44.4B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Parallax Volatility Advisers deployed $16.1B of net new capital in Q3 2025, opening 352 new positions and adding to 463 existing holdings. Its largest new stake was SPDR Gold Trust: 548,077 shares worth $195M.

By sector, the portfolio is most concentrated in Technology at 1.3% of assets, down from 1.7% a quarter earlier, followed by Communication Services and Financials.

On the sell side, the largest reduction was NVIDIA, an estimated $90M trimmed.

  • Parallax Volatility Advisers's largest Q3 2025 buy was SPDR Gold Trust: 548,077 shares worth $195M.
  • Parallax Volatility Advisers added most to Meta Platforms (Facebook) in Q3 2025, an estimated $195M increase.
  • Parallax Volatility Advisers's biggest Q3 2025 reduction was NVIDIA, cutting an estimated $90M.
  • Parallax Volatility Advisers fully exited NextEra Energy 7.234% Corporate Units in Q3 2025, selling an estimated $54.7M.
  • Parallax Volatility Advisers's ten largest holdings make up 56% of its $65.9B portfolio in Q3 2025.
  • Parallax Volatility Advisers opened 352 new positions and closed 305 in Q3 2025.
  • Parallax Volatility Advisers's portfolio value rose 49% quarter-over-quarter to $65.9B.

Based on Parallax Volatility Advisers's 13F filing for Q3 2025, filed 14 Nov 2025.