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
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$783B
$22.3B 33.89%
33,548,200
+19,972,500
+147% +$12.8B
QQQ icon
2
PUT
Invesco QQQ Trust
QQQ
$445B
$4.24B 6.42%
7,055,700
+868,000
+14% +$497M
QQQ icon
3
CALL
Invesco QQQ Trust
QQQ
$445B
$2.12B 3.21%
3,522,900
+1,185,500
+51% +$679M
IWM icon
4
PUT
iShares Russell 2000 ETF
IWM
$80.4B
$1.9B 2.88%
7,850,300
+2,699,600
+52% +$619M
SPY icon
5
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$783B
$1.55B 2.35%
2,330,000
+602,400
+35% +$386M
GLD icon
6
CALL
SPDR Gold Trust
GLD
$131B
$1.39B 2.11%
3,915,900
+3,305,500
+542% +$1.05B
TSLA icon
7
PUT
Tesla
TSLA
$1.21T
$1.08B 1.63%
2,419,800
+593,600
+33% +$206M
NVDA icon
8
PUT
NVIDIA
NVDA
$4.77T
$1.01B 1.53%
5,408,000
-148,600
-3% -$25.9M
XLF icon
9
CALL
State Street Financial Select Sector SPDR ETF
XLF
$57.4B
$846M 1.28%
15,713,300
+7,249,600
+86% +$384M
META icon
10
CALL
Meta Platforms (Facebook)
META
$1.51T
$751M 1.14%
1,022,300
-157,500
-13% -$117M
IWM icon
11
CALL
iShares Russell 2000 ETF
IWM
$80.4B
$673M 1.02%
2,779,400
+1,036,300
+59% +$238M
AVGO icon
12
PUT
Broadcom
AVGO
$1.81T
$547M 0.83%
1,656,700
+330,000
+25% +$101M
META icon
13
PUT
Meta Platforms (Facebook)
META
$1.51T
$544M 0.83%
741,300
-19,000
-2% -$14.1M
GLD icon
14
PUT
SPDR Gold Trust
GLD
$131B
$501M 0.76%
1,410,000
+797,500
+130% +$254M
NVDA icon
15
CALL
NVIDIA
NVDA
$4.77T
$445M 0.67%
2,382,500
-112,900
-5% -$19.7M
XLF icon
16
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.4B
$434M 0.66%
8,047,400
+531,400
+7% +$28.2M
AAPL icon
17
PUT
Apple
AAPL
$4.99T
$432M 0.66%
1,698,000
+249,100
+17% +$56.3M
MSTR icon
18
PUT
Strategy Inc
MSTR
$35.1B
$410M 0.62%
1,272,000
+185,500
+17% +$68.8M
TSM icon
19
PUT
TSMC
TSM
$2.03T
$391M 0.59%
1,401,100
-205,800
-13% -$50.3M
SMH icon
20
PUT
VanEck Semiconductor ETF
SMH
$63.8B
$355M 0.54%
1,087,200
+151,800
+16% +$44.9M
EEM icon
21
PUT
iShares MSCI Emerging Markets ETF
EEM
$28B
$349M 0.53%
6,538,400
-680,100
-9% -$34.2M
COIN icon
22
PUT
Coinbase
COIN
$44.2B
$345M 0.52%
1,021,400
+55,600
+6% +$18.9M
GOOGL icon
23
PUT
Alphabet (Google) Class A
GOOGL
$4.08T
$343M 0.52%
1,411,000
+655,900
+87% +$137M
BA icon
24
PUT
Boeing
BA
$175B
$307M 0.47%
1,423,100
+99,900
+8% +$22.5M
AMZN icon
25
PUT
Amazon
AMZN
$2.48T
$298M 0.45%
1,359,400
+674,700
+99% +$153M
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.