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
-5.77%
1 Year Est. Return
+45.89%
3 Year Est. Return
+130.57%
5 Year Est. Return
+159.2%
10 Year Est. Return
+646.93%
AUM
$36.9B
AUM Growth
-$14.6B
Cap. Flow
-$12.3B
Cap. Flow %
-33.2%
Top 10 Hldgs %
34.8%
Holding
2,248
New
267
Increased
417
Reduced
704
Closed
731

Top Buys

Rank Stock Value
1
TSM icon
TSMC
TSM
+$119M
2
V icon
Visa
V
+$49.6M
3
DAL icon
Delta Air Lines
DAL
+$41.9M
4
AVGO icon
Broadcom
AVGO
+$40.4M
5
ETSY icon
Etsy
ETSY
+$39.3M

Top Sells

Rank Stock Value
1
GE icon
GE Aerospace
GE
+$172M
2
QQQ icon
Invesco QQQ Trust
QQQ
+$93.4M
3
AXP icon
American Express
AXP
+$84.7M
4
IWM icon
iShares Russell 2000 ETF
IWM
+$76.5M
5
NVDA icon
NVIDIA
NVDA
+$76M

Sector Composition

Rank Sector Weight
1 Technology 2.6%
2 Consumer Discretionary 0.92%
3 Financials 0.88%
4 Industrials 0.64%
5 Communication Services 0.49%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
XLF icon
26
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.5B
$202M 0.55%
4,053,800
-3,803,300
-48% -$191M
EFA icon
27
PUT
iShares MSCI EAFE ETF
EFA
$79.4B
$197M 0.53%
2,414,200
+2,294,900
+1,924% +$185M
KRE icon
28
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.71B
$191M 0.52%
3,364,300
-1,718,200
-34% -$104M
BA icon
29
PUT
Boeing
BA
$188B
$186M 0.5%
1,091,600
+707,000
+184% +$122M
UAL icon
30
PUT
United Airlines
UAL
$43.3B
$181M 0.49%
2,617,200
-33,300
-1% -$3.14M
C icon
31
PUT
Citigroup
C
$232B
$178M 0.48%
2,503,500
-608,800
-20% -$46.4M
AAPL icon
32
CALL
Apple
AAPL
$4.51T
$176M 0.48%
794,100
-1,014,700
-56% -$235M
AVGO icon
33
CALL
Broadcom
AVGO
$2T
$175M 0.47%
1,046,800
+499,600
+91% +$106M
MS icon
34
PUT
Morgan Stanley
MS
$342B
$175M 0.47%
1,500,600
-57,400
-4% -$7.4M
NVDA icon
35
NVIDIA
NVDA
$5.31T
$172M 0.47%
1,586,985
-599,288
-27% -$76M
COIN icon
36
PUT
Coinbase
COIN
$39.6B
$167M 0.45%
970,500
-965,100
-50% -$234M
PANW icon
37
PUT
Palo Alto Networks
PANW
$297B
$161M 0.44%
942,500
-1,043,500
-53% -$193M
JPM icon
38
CALL
JPMorgan Chase
JPM
$956B
$160M 0.43%
653,200
-598,800
-48% -$153M
EEM icon
39
PUT
iShares MSCI Emerging Markets ETF
EEM
$29.6B
$160M 0.43%
3,666,200
-1,585,900
-30% -$68.9M
MSFT icon
40
PUT
Microsoft
MSFT
$3.63T
$155M 0.42%
411,600
-428,200
-51% -$175M
COST icon
41
CALL
Costco
COST
$418B
$154M 0.42%
162,900
+149,100
+1,080% +$145M
APO icon
42
CALL
Apollo Global Management
APO
$73.9B
$154M 0.42%
1,124,200
-657,500
-37% -$101M
TSM icon
43
CALL
TSMC
TSM
$2.16T
$148M 0.4%
889,200
+168,600
+23% +$32.8M
GOOGL icon
44
CALL
Alphabet (Google) Class A
GOOGL
$4.43T
$144M 0.39%
934,000
-195,600
-17% -$35.5M
WFC icon
45
PUT
Wells Fargo
WFC
$270B
$142M 0.38%
1,979,300
-807,600
-29% -$60.6M
MU icon
46
CALL
Micron Technology
MU
$1.04T
$140M 0.38%
1,611,100
+995,600
+162% +$95.6M
GLD icon
47
PUT
SPDR Gold Trust
GLD
$137B
$136M 0.37%
472,500
+206,300
+77% +$54.6M
TSM icon
48
TSMC
TSM
$2.16T
$135M 0.37%
814,495
+612,128
+302% +$119M
SMH icon
49
CALL
VanEck Semiconductor ETF
SMH
$72.1B
$135M 0.37%
639,100
+403,000
+171% +$96.6M
ORCL icon
50
PUT
Oracle
ORCL
$416B
$135M 0.37%
964,600
-414,500
-30% -$67.5M
1
2
3 4 5

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 Q1 2025 Portfolio in Review

As of Q1 2025, Parallax Volatility Advisers held 2,248 positions worth $36.9B, down 28% from $51.6B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

Parallax Volatility Advisers withdrew a net $12.3B in Q1 2025, closing 731 positions and reducing 704 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $93.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 2.6% of assets, up from 1.8% a quarter earlier, followed by Consumer Discretionary and Financials.

Against the trend, Parallax Volatility Advisers opened a new position in Visa worth $51.3M.

  • Parallax Volatility Advisers's largest Q1 2025 buy was Visa: 146,472 shares worth $51.3M.
  • Parallax Volatility Advisers added most to TSMC in Q1 2025, an estimated $119M increase.
  • Parallax Volatility Advisers's biggest Q1 2025 reduction was GE Aerospace, cutting an estimated $172M.
  • Parallax Volatility Advisers fully exited Invesco QQQ Trust in Q1 2025, selling an estimated $93.4M.
  • Parallax Volatility Advisers's ten largest holdings make up 35% of its $36.9B portfolio in Q1 2025.
  • Parallax Volatility Advisers opened 267 new positions and closed 731 in Q1 2025.
  • Parallax Volatility Advisers's portfolio value fell 28% quarter-over-quarter to $36.9B.

Based on Parallax Volatility Advisers's 13F filing for Q1 2025, filed 15 May 2025.