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Parallax Volatility Advisers Portfolio holdings
AUM
$38.6B
1-Year Est. Return
45.89%
This Fund
S&P 500
This Quarter
Est. Return
+1.12%
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
$17B
AUM Growth
-$3.51B
(-17%)
Cap. Flow
-$3.58B
Cap. Flow
% of AUM
-21%
Top 10 Holdings %
Top 10 Hldgs %
25.7%
Holding
4,014
New
698
Increased
1,230
Reduced
1,296
Closed
672
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$61.4M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$54.9M |
| 3 |
Citigroup
C
|
+$52.5M |
| 4 |
General Motors
GM
|
+$36.9M |
| 5 |
Wynn Resorts
WYNN
|
+$34.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$157M |
| 2 |
Delta Air Lines
DAL
|
+$75.7M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$58.8M |
| 4 |
Goldman Sachs
GS
|
+$53.6M |
| 5 |
iShares MSCI Brazil ETF
EWZ
|
+$46.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 1.84% |
| 2 | Consumer Staples | 1.38% |
| 3 | Financials | 1.19% |
| 4 | Healthcare | 0.85% |
| 5 | Technology | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $933M | 5.48% |
4,990,300
-781,400
| -14% | -$143M |
|
2
PUT
Apple
AAPL
$4.97T
| $706M | 4.15% |
36,853,600
+6,818,000
| +23% | +$130M |
|
3
PUT
iShares Russell 2000 ETF
IWM
$79.1B
| $489M | 2.87% |
4,199,300
+1,114,800
| +36% | +$129M |
|
|
4
PUT
iShares MSCI Brazil ETF
EWZ
$8.98B
| $434M | 2.55% |
9,638,900
+951,300
| +11% | +$39M |
|
|
VXX
5
PUT
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
| $431M | 2.53% |
639,156
+473,076
| +285% | +$333M |
|
|
6
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $390M | 2.29% |
2,083,700
-442,200
| -18% | -$81.2M |
|
7
PUT
Qualcomm
QCOM
$164B
| $293M | 1.72% |
3,718,000
+2,846,200
| +326% | +$214M |
|
|
8
PUT
Citigroup
C
$213B
| $246M | 1.44% |
5,157,600
-2,910,600
| -36% | -$145M |
|
|
9
CALL
iShares MSCI Brazil ETF
EWZ
$8.98B
| $240M | 1.41% |
5,322,500
-3,942,300
| -43% | -$162M |
|
10
PUT
Cisco
CSCO
$443B
| $218M | 1.28% |
9,745,100
+6,680,400
| +218% | +$148M |
|
|
11
PUT
Booking.com
BKNG
$156B
| $209M | 1.22% |
4,377,500
+2,262,500
| +107% | +$112M |
|
12
PUT
Wells Fargo
WFC
$254B
| $199M | 1.17% |
3,994,200
-3,351,500
| -46% | -$156M |
|
13
CALL
iShares China Large-Cap ETF
FXI
$4.32B
| $197M | 1.15% |
5,492,500
+3,918,200
| +249% | +$137M |
|
14
PUT
HP
HPQ
$26B
| $180M | 1.06% |
12,256,993
+5,774,525
| +89% | +$77.6M |
|
15
PUT
Caterpillar
CAT
$361B
| $175M | 1.03% |
1,762,500
+43,000
| +3% | +$4.06M |
|
|
16
CALL
iShares Russell 2000 ETF
IWM
$79.1B
| $166M | 0.97% |
1,426,500
-1,963,400
| -58% | -$226M |
|
|
17
PUT
iShares China Large-Cap ETF
FXI
$4.32B
| $163M | 0.96% |
4,567,300
+2,350,100
| +106% | +$82.3M |
|
|
18
Procter & Gamble
PG
$340B
| $162M | 0.95% |
2,010,166
-1,990,439
| -50% | -$157M |
|
|
19
CALL
Apple
AAPL
$4.97T
| $159M | 0.93% |
8,285,200
-12,569,200
| -60% | -$239M |
|
20
PUT
AT&T
T
$164B
| $152M | 0.89% |
5,732,523
+5,624,087
| +5,187% | +$141M |
|
21
PUT
VanEck Gold Miners ETF
GDX
$22.5B
| $148M | 0.87% |
6,284,300
+2,443,100
| +64% | +$60M |
|
22
PUT
Amazon
AMZN
$2.44T
| $146M | 0.86% |
8,670,000
-450,000
| -5% | -$8.35M |
|
23
PUT
Intel
INTC
$413B
| $136M | 0.8% |
5,285,800
+1,592,900
| +43% | +$39.8M |
|
24
PUT
eBay
EBAY
$51.2B
| $133M | 0.78% |
5,716,181
+2,241,756
| +65% | +$52.1M |
|
25
CALL
APA Corp
APA
$13B
| $127M | 0.75% |
1,531,900
+1,266,900
| +478% | +$104M |
|
Similar funds
Parallax Volatility Advisers's Q1 2014 Portfolio in Review
As of Q1 2014, Parallax Volatility Advisers held 4,014 positions worth $17B, down 17% from $20.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Parallax Volatility Advisers withdrew a net $3.58B in Q1 2014, closing 672 positions and reducing 1,296 holdings. Its most notable exit was Delta Air Lines, an estimated $75.7M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 1.8% of assets, up from 0.73% a quarter earlier, followed by Consumer Staples and Financials.
Against the trend, Parallax Volatility Advisers opened a new position in Booking.com worth $59.3M.
- Parallax Volatility Advisers's largest Q1 2014 buy was Booking.com: 1,244,750 shares worth $59.3M.
- Parallax Volatility Advisers added most to Invesco QQQ Trust in Q1 2014, an estimated $54.9M increase.
- Parallax Volatility Advisers's biggest Q1 2014 reduction was Procter & Gamble, cutting an estimated $157M.
- Parallax Volatility Advisers fully exited Delta Air Lines in Q1 2014, selling an estimated $75.7M.
- Parallax Volatility Advisers's ten largest holdings make up 26% of its $17B portfolio in Q1 2014.
- Parallax Volatility Advisers opened 698 new positions and closed 672 in Q1 2014.
- Parallax Volatility Advisers's portfolio value fell 17% quarter-over-quarter to $17B.
Based on Parallax Volatility Advisers's 13F filing for Q1 2014, filed 15 May 2014.