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
+130.57%
5 Year Est. Return
+159.2%
10 Year Est. Return
+646.93%
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
CVNA icon
26
CALL
Carvana
CVNA
$75.3B
$285M 0.43%
3,778,500
+704,000
+23% +$50.4M
HYG icon
27
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
$259M 0.39%
3,188,100
-2,179,000
-41% -$176M
GOOGL icon
28
CALL
Alphabet (Google) Class A
GOOGL
$4.6T
$248M 0.38%
1,018,300
-31,200
-3% -$6.54M
AXP icon
29
CALL
American Express
AXP
$235B
$244M 0.37%
733,900
+4,000
+0.5% +$1.27M
V icon
30
CALL
Visa
V
$687B
$241M 0.37%
707,000
+193,900
+38% +$67.1M
TSLA icon
31
CALL
Tesla
TSLA
$1.28T
$240M 0.36%
539,800
-697,600
-56% -$242M
AMZN icon
32
CALL
Amazon
AMZN
$3T
$235M 0.36%
1,071,900
+807,900
+306% +$183M
ORCL icon
33
PUT
Oracle
ORCL
$423B
$235M 0.36%
836,800
+568,700
+212% +$145M
MSFT icon
34
CALL
Microsoft
MSFT
$3.69T
$228M 0.35%
439,900
+49,800
+13% +$25.4M
AAPL icon
35
CALL
Apple
AAPL
$4.47T
$215M 0.33%
842,900
-202,000
-19% -$45.6M
META icon
36
Meta Platforms (Facebook)
META
$1.48T
$210M 0.32%
285,409
+261,598
+1,099% +$195M
GLD icon
37
SPDR Gold Trust
GLD
$132B
$195M 0.3%
+548,077
New +$175M
RCL icon
38
PUT
Royal Caribbean
RCL
$87.1B
$182M 0.28%
564,000
+61,300
+12% +$20.5M
UAL icon
39
PUT
United Airlines
UAL
$43.2B
$182M 0.28%
1,881,600
-129,000
-6% -$12.4M
BABA icon
40
PUT
Alibaba
BABA
$309B
$181M 0.27%
1,010,400
+124,600
+14% +$16.3M
UBER icon
41
PUT
Uber
UBER
$146B
$175M 0.27%
1,791,000
+423,500
+31% +$39.6M
KRE icon
42
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.74B
$169M 0.26%
2,666,100
-99,400
-4% -$6.27M
AAL icon
43
PUT
American Airlines Group
AAL
$10.9B
$155M 0.24%
13,828,300
+1,579,800
+13% +$19.5M
AVGO icon
44
CALL
Broadcom
AVGO
$1.98T
$155M 0.24%
470,200
-103,100
-18% -$31.6M
APO icon
45
CALL
Apollo Global Management
APO
$75B
$154M 0.23%
1,154,400
-50,000
-4% -$7.08M
AMD icon
46
PUT
Advanced Micro Devices
AMD
$851B
$153M 0.23%
945,600
-107,200
-10% -$17.3M
SMH icon
47
CALL
VanEck Semiconductor ETF
SMH
$71.9B
$152M 0.23%
466,600
+91,100
+24% +$27M
BRK.B icon
48
CALL
Berkshire Hathaway Class B
BRK.B
$1.11T
$142M 0.22%
282,900
-23,500
-8% -$11.4M
SPOT icon
49
PUT
Spotify
SPOT
$98.5B
$140M 0.21%
200,400
+6,000
+3% +$4.2M
XLE icon
50
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.3B
$138M 0.21%
3,084,600
+784,600
+34% +$34.4M
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 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.