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
+20.92%
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
$44.4B
AUM Growth
+$7.43B
Cap. Flow
+$898M
Cap. Flow %
2.02%
Top 10 Hldgs %
41.94%
Holding
1,897
New
384
Increased
438
Reduced
523
Closed
370

Top Buys

Rank Stock Value
1
ARM icon
Arm
ARM
+$43.8M
2
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$39.9M
3
NFLX icon
Netflix
NFLX
+$36.5M
4
GE icon
GE Aerospace
GE
+$34.6M
5
JD icon
JD.com
JD
+$30.8M

Top Sells

Rank Stock Value
1
TSM icon
TSMC
TSM
+$151M
2
TSLA icon
Tesla
TSLA
+$103M
3
AAPL icon
Apple
AAPL
+$63.5M
4
V icon
Visa
V
+$51.1M
5
TMUS icon
T-Mobile US
TMUS
+$48.6M

Sector Composition

Rank Sector Weight
1 Technology 1.66%
2 Industrials 0.51%
3 Communication Services 0.44%
4 Consumer Discretionary 0.43%
5 Financials 0.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NFLX icon
26
CALL
Netflix
NFLX
$299B
$224M 0.5%
1,672,000
+1,373,000
+459% +$155M
MSFT icon
27
PUT
Microsoft
MSFT
$3.45T
$223M 0.5%
447,800
+36,200
+9% +$15.7M
AAPL icon
28
CALL
Apple
AAPL
$4.54T
$214M 0.48%
1,044,900
+250,800
+32% +$50.6M
CVNA icon
29
CALL
Carvana
CVNA
$68.6B
$207M 0.47%
3,074,500
+2,574,500
+515% +$141M
JPM icon
30
PUT
JPMorgan Chase
JPM
$935B
$207M 0.47%
713,900
-192,400
-21% -$49.1M
MSFT icon
31
CALL
Microsoft
MSFT
$3.45T
$194M 0.44%
390,100
+217,800
+126% +$94.6M
NVDA icon
32
NVIDIA
NVDA
$4.86T
$194M 0.44%
1,237,449
-349,536
-22% -$44M
GLD icon
33
PUT
SPDR Gold Trust
GLD
$131B
$187M 0.42%
612,500
+140,000
+30% +$42.4M
GLD icon
34
CALL
SPDR Gold Trust
GLD
$131B
$186M 0.42%
610,400
-373,500
-38% -$113M
GOOGL icon
35
CALL
Alphabet (Google) Class A
GOOGL
$4.36T
$185M 0.42%
1,049,500
+115,500
+12% +$18.9M
V icon
36
CALL
Visa
V
$684B
$182M 0.41%
513,100
+309,900
+153% +$108M
C icon
37
PUT
Citigroup
C
$222B
$178M 0.4%
2,094,300
-409,200
-16% -$29.6M
APO icon
38
CALL
Apollo Global Management
APO
$72.4B
$171M 0.39%
1,204,400
+80,200
+7% +$10.6M
KRE icon
39
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
$164M 0.37%
2,765,500
-598,800
-18% -$33.3M
BAC icon
40
PUT
Bank of America
BAC
$435B
$161M 0.36%
3,394,500
-1,638,400
-33% -$68.9M
UAL icon
41
PUT
United Airlines
UAL
$39.4B
$160M 0.36%
2,010,600
-606,600
-23% -$44.7M
AVGO icon
42
CALL
Broadcom
AVGO
$1.85T
$158M 0.36%
573,300
-473,500
-45% -$103M
RCL icon
43
PUT
Royal Caribbean
RCL
$85.1B
$157M 0.35%
502,700
-77,900
-13% -$18.5M
AMZN icon
44
PUT
Amazon
AMZN
$2.92T
$150M 0.34%
684,700
+259,000
+61% +$51.3M
TLT icon
45
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
$150M 0.34%
1,698,100
-1,427,000
-46% -$124M
AMD icon
46
PUT
Advanced Micro Devices
AMD
$776B
$149M 0.34%
1,052,800
-159,300
-13% -$17.3M
SPOT icon
47
PUT
Spotify
SPOT
$103B
$149M 0.34%
194,400
+39,200
+25% +$25.2M
BRK.B icon
48
CALL
Berkshire Hathaway Class B
BRK.B
$1.1T
$149M 0.34%
306,400
-286,100
-48% -$145M
EEM icon
49
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.8B
$143M 0.32%
2,959,900
+990,700
+50% +$44.5M
WFC icon
50
PUT
Wells Fargo
WFC
$261B
$139M 0.31%
1,739,500
-239,800
-12% -$17.3M
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
KBC Group
KBC Group Brussels, Belgium $39.9B AUM 29.7% 1-Year Est. Return

Parallax Volatility Advisers's Q2 2025 Portfolio in Review

As of Q2 2025, Parallax Volatility Advisers held 1,897 positions worth $44.4B, up 20% from $36.9B the previous quarter. Its ten largest holdings account for 42% of the portfolio.

Parallax Volatility Advisers's Q2 2025 filing shows 384 new, 438 increased, 523 reduced and 370 closed positions. Its largest new stake was iShares 20+ Year Treasury Bond ETF: 457,767 shares worth $40.4M. The largest sale was TSMC, an estimated $151M.

By sector, the portfolio is most concentrated in Technology at 1.7% of assets, down from 2.6% a quarter earlier, followed by Industrials and Communication Services.

  • Parallax Volatility Advisers's largest Q2 2025 buy was iShares 20+ Year Treasury Bond ETF: 457,767 shares worth $40.4M.
  • Parallax Volatility Advisers added most to Arm in Q2 2025, an estimated $43.8M increase.
  • Parallax Volatility Advisers's biggest Q2 2025 reduction was Apple, cutting an estimated $63.5M.
  • Parallax Volatility Advisers fully exited TSMC in Q2 2025, selling an estimated $151M.
  • Parallax Volatility Advisers's ten largest holdings make up 42% of its $44.4B portfolio in Q2 2025.
  • Parallax Volatility Advisers opened 384 new positions and closed 370 in Q2 2025.
  • Parallax Volatility Advisers's portfolio value rose 20% quarter-over-quarter to $44.4B.

Based on Parallax Volatility Advisers's 13F filing for Q2 2025, filed 14 Aug 2025.