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
+3.14%
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
$50.7B
AUM Growth
-$15.2B
Cap. Flow
-$16B
Cap. Flow %
-31.47%
Top 10 Hldgs %
39.98%
Holding
1,934
New
364
Increased
545
Reduced
471
Closed
329

Top Buys

Rank Stock Value
1
AXP icon
American Express
AXP
+$263M
2
IWM icon
iShares Russell 2000 ETF
IWM
+$154M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$90.9M
4
BABA icon
Alibaba
BABA
+$47.6M
5
AVGO icon
Broadcom
AVGO
+$36.4M

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$191M
2
NVDA icon
NVIDIA
NVDA
+$134M
3
GLD icon
SPDR Gold Trust
GLD
+$80.5M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$65.2M
5
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$49.8M

Sector Composition

Rank Sector Weight
1 Technology 1.29%
2 Financials 1.28%
3 Consumer Discretionary 0.7%
4 Industrials 0.48%
5 Communication Services 0.15%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TPR icon
1801
Tapestry
TPR
$32.5B
– –
-58,416
Closed -$6.68M
TROW icon
1802
PUT
T. Rowe Price
TROW
$24.3B
– –
-28,400
Closed -$2.91M
TRU icon
1803
CALL
TransUnion
TRU
$15B
– –
-87,700
Closed -$7.35M
TSCO icon
1804
CALL
Tractor Supply
TSCO
$17.8B
– –
-37,500
Closed -$2.13M
TTD icon
1805
Trade Desk
TTD
$8.34B
– –
-169,433
Closed -$7.51M
TXN icon
1806
Texas Instruments
TXN
$257B
– –
-8,359
Closed -$1.43M
UBS icon
1807
UBS Group
UBS
$173B
– –
-1,887
Closed -$76.2K
ULTA icon
1808
Ulta Beauty
ULTA
$23.2B
– –
-772
Closed -$424K
UNG icon
1809
CALL
United States Natural Gas Fund
UNG
$451M
– –
-30,000
Closed -$392K
UNG icon
1810
United States Natural Gas Fund
UNG
$451M
– –
-3,473
Closed -$45.4K
UNH icon
1811
UnitedHealth
UNH
$367B
– –
-46,057
Closed -$15.6M
UPST icon
1812
CALL
Upstart Holdings
UPST
$2.91B
– –
-6,700
Closed -$340K
UPST icon
1813
Upstart Holdings
UPST
$2.91B
– –
-2,638
Closed -$134K
UPST icon
1814
PUT
Upstart Holdings
UPST
$2.91B
– –
-4,000
Closed -$203K
UPXI icon
1815
CALL
Upexi
UPXI
$59.7M
– –
-50,000
Closed -$289K
URI icon
1816
CALL
United Rentals
URI
$71.8B
– –
-1,300
Closed -$1.24M
USFD icon
1817
CALL
US Foods
USFD
$23.6B
– –
-12,200
Closed -$935K
VTLE
1818
CALL
DELISTED
Vital Energy
VTLE
– –
-63,800
Closed -$1.08M
WDFC icon
1819
WD-40
WDFC
$3.09B
– –
-5,659
Closed -$1.12M
WDFC icon
1820
PUT
WD-40
WDFC
$3.09B
– –
-10,000
Closed -$1.98M
WEC icon
1821
CALL
WEC Energy
WEC
$35B
– –
-80,000
Closed -$9.17M
WEN icon
1822
Wendy's
WEN
$1.46B
– –
-201,917
Closed -$1.85M
WEN icon
1823
PUT
Wendy's
WEN
$1.46B
– –
-500,000
Closed -$4.58M
WGMI icon
1824
CALL
CoinShares ETF Trust CoinShares Bitcoin Mining ETF
WGMI
$251M
– –
-15,000
Closed -$664K
WGMI icon
1825
CoinShares ETF Trust CoinShares Bitcoin Mining ETF
WGMI
$251M
– –
-1
Closed -$44
71 72
73
74 75

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 Q4 2025 Portfolio in Review

As of Q4 2025, Parallax Volatility Advisers held 1,934 positions worth $50.7B, down 23% from $65.9B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Parallax Volatility Advisers withdrew a net $16B in Q4 2025, closing 329 positions and reducing 471 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $191M position sold in full.

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

Against the trend, Parallax Volatility Advisers opened a new position in American Express worth $272M.

  • Parallax Volatility Advisers's largest Q4 2025 buy was American Express: 733,883 shares worth $272M.
  • Parallax Volatility Advisers added most to Alibaba in Q4 2025, an estimated $47.6M increase.
  • Parallax Volatility Advisers's biggest Q4 2025 reduction was SPDR Gold Trust, cutting an estimated $80.5M.
  • Parallax Volatility Advisers fully exited Meta Platforms (Facebook) in Q4 2025, selling an estimated $191M.
  • Parallax Volatility Advisers's ten largest holdings make up 40% of its $50.7B portfolio in Q4 2025.
  • Parallax Volatility Advisers opened 364 new positions and closed 329 in Q4 2025.
  • Parallax Volatility Advisers's portfolio value fell 23% quarter-over-quarter to $50.7B.

Based on Parallax Volatility Advisers's 13F filing for Q4 2025, filed 17 Feb 2026.