Parallax Volatility Advisers, L.P.

CIK

1521001

Location

San Francisco, CA

Portfolio Value

Large $29,915,779,475

Diversification

Diversified

Filing Date

Global Rank

#208 / 8,556 ▼ 45

Top Industry

Semiconductors 13.0%

3Y Alpha vs SPY

+9.3%

Period ended 2 months ago

Filed May 15, 2026 · 19d

25 quarters · since Mar 2020

Portfolio Concentration

571 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

26.7%

+1.7 pts

Top 5

47.9%

+3.8 pts

Top 10

54.7%

+1.6 pts

HHI

959

Diversified +177

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	45.6%	$13,653,428,631	13
Technology	17.1%	$5,119,289,464	99
Financial Services	8.2%	$2,464,238,613	137
Consumer Cyclical	7.4%	$2,202,441,015	58
Communication Services	5.9%	$1,773,274,642	24
Energy	5.9%	$1,764,370,402	51
Industrials	3.6%	$1,063,783,995	56
Consumer Defensive	1.9%	$576,403,226	28
Basic Materials	1.7%	$522,287,570	37
Healthcare	1.2%	$363,398,731	35
Utilities	0.8%	$231,316,803	14
Real Estate	0.6%	$181,546,383	19

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBIT	iShares Bitcoin Trust ETF	+4,417,443	9,338,200	$358,773,644
BTDR	Bitdeer Technologies Group	+2,566,395	4,497,112	$38,900,018
RIG	Transocean Ltd.	+1,555,400	3,034,400	$20,118,072
PINS	Pinterest, Inc.	+1,536,400	1,583,600	$29,043,224
HAL	Halliburton Co	+1,496,639	2,435,403	$94,956,362
OWL	Blue Owl Capital Inc.	+1,443,323	2,096,623	$19,142,167
AGNC	AGNC Investment Corp.	+1,173,906	1,326,878	$13,308,586
CZR	Caesars Entertainment, Inc.	+1,123,045	1,291,048	$34,122,398
EQT	EQT Corp	+1,107,490	1,528,339	$97,263,493
CORZ	Core Scientific, Inc./tx	+974,886	3,195,389	$47,803,019
CVX	Chevron Corp	+954,153	1,531,575	$316,882,867
BULL	Webull Corp	+843,658	920,000	$4,416,000
EQX	Equinox Gold Corp.	+797,300	1,400,000	$20,244,000
F	Ford Motor Co	+752,690	1,744,300	$20,129,222
COP	Conocophillips	+750,558	991,055	$130,819,260
NKE	NIKE, Inc.	+734,436	1,241,261	$65,563,406
CTRA	Coterra Energy Inc.	+732,178	818,978	$28,778,886
TTD	Trade Desk, Inc.	+730,506	848,506	$19,252,601
EXE	EXPAND ENERGY Corp	+700,742	881,237	$96,742,197
B	Barrick Mining Corp	+666,107	1,436,004	$58,574,603
RRC	Range Resources Corp	+608,200	808,300	$36,518,994
MGM	MGM Resorts International	+607,614	660,614	$24,449,324
QQQ	Invesco Qqq Trust, Series 1	+553,600	7,438,500	$4,293,353,430
AR	ANTERO RESOURCES Corp	+522,261	1,016,202	$43,127,612
GAP	Gap Inc	+518,410	545,000	$13,189,000
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NIO	NIO Inc.	−5,062,400	4,351,400	$26,238,942
WULF	Terawulf Inc.	−4,202,451	4,446,700	$64,165,881
SPY	Spdr S&P 500 ETF Trust	−3,616,073	12,266,800	$7,977,590,712
NU	Nu Holdings Ltd.	−3,186,900	1,731,800	$24,885,966
RIOT	Riot Platforms, Inc.	−2,828,200	1,885,000	$23,298,600
SLV	iShares Silver Trust	−2,602,929	4,453,900	$303,488,746
CMG	Chipotle Mexican Grill Inc	−2,530,126	276,413	$8,847,980
TSLA	Tesla, Inc.	−2,381,279	1,225,532	$455,591,521
RKT	Rocket Companies, Inc.	−2,239,966	382,192	$5,446,236
NVDA	Nvidia Corp	−2,186,226	4,679,474	$816,100,265
CLSK	Cleanspark, Inc.	−2,133,172	478,900	$4,075,439
ABR	Arbor Realty Trust Inc	−2,008,418	1,982,600	$15,285,846
AAL	American Airlines Group Inc.	−1,959,208	12,652,806	$135,891,136
TRIP	TripAdvisor, Inc.	−1,714,579	300,000	$3,198,000
SOFI	SoFi Technologies, Inc.	−1,529,100	2,219,100	$35,239,308
XRX	Xerox Holdings Corp	−1,477,472	835,500	$1,077,795
GOOGL	Alphabet Inc.	−1,400,498	1,075,502	$309,271,355
HOOD	Robinhood Markets, Inc.	−1,397,398	526,000	$36,451,800
AVGO	Broadcom Inc.	−1,364,318	460,800	$142,622,208
AXP	American Express Co	−1,287,381	280,902	$84,967,236
RIVN	Rivian Automotive, Inc. / DE	−1,278,600	2,280,400	$34,320,020
MP	MP Materials Corp. / DE	−1,275,700	175,000	$8,445,500
XYZ	Block, Inc.	−1,268,616	399,284	$24,028,911
GLD	Spdr Gold Trust	−1,261,904	1,555,773	$669,433,564
PDD	PDD Holdings Inc.	−1,184,104	140,300	$14,335,854
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
LITE	Lumentum Holdings Inc.	34,376	$24,158,077
AAOI	Applied Optoelectronics, Inc.	219,371	$18,556,592
GLNG	Golar Lng Ltd	327,392	$17,715,181
CHRW	C. H. Robinson Worldwide, Inc.	105,100	$17,453,957
HWM	Howmet Aerospace Inc.	65,274	$15,043,046
SUI	Sun Communities Inc	99,045	$12,475,708
LYB	LyondellBasell Industries N.V.	140,600	$11,326,736
REXR	Rexford Industrial Realty, Inc.	340,800	$11,154,384
MCO	Moodys Corp /De/	24,293	$10,597,821
STM	STMicroelectronics N.V.	249,100	$8,606,405
KOYN	CSLM Digital Asset Acquisition Corp III, Ltd	828,627	$8,319,415
MTB	M&T Bank Corp	40,002	$8,269,213
VMC	Vulcan Materials CO	29,514	$8,036,662
ETOR	eToro Group Ltd.	254,200	$7,633,626
SJM	J M SMUCKER Co	79,134	$7,631,682
PENG	Penguin Solutions, Inc.	432,000	$7,603,200
MESH	Meshflow Acquisition Corp	763,403	$7,550,055
RDAG	Republic Digital Acquisition Co	735,477	$7,523,929
AMPX	Amprius Technologies, Inc.	425,777	$7,178,600
TACO	Berto Acquisition Corp.	631,366	$6,471,501
OVV	Ovintiv Inc.	100,000	$5,936,000
GPC	Genuine Parts Co	50,000	$5,287,500
AEAQ	Activate Energy Acquisition Corp.	531,719	$5,258,700
APD	Air Products & Chemicals, Inc.	17,740	$5,153,292
KRC	Kilroy Realty Corp	172,477	$4,865,576
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BURL	Burlington Stores, Inc.	173,100	$49,999,935
CAVA	Cava Group, Inc.	653,342	$38,344,641
ZS	Zscaler, Inc.	137,301	$30,881,740
TEVA	Teva Pharmaceutical Industries Ltd	795,008	$24,812,199
TMO	Thermo Fisher Scientific Inc.	37,216	$21,564,811
HCA	HCA Healthcare, Inc.	42,900	$20,028,294
DTE	Dte Energy Co	150,000	$19,347,000
PMT	PennyMac Mortgage Investment Trust	1,465,200	$18,388,260
ANF	Abercrombie & Fitch Co /De/	125,741	$15,827,019
NTR	Nutrien Ltd.	250,000	$15,430,000
ETHA	iShares Ethereum Trust ETF	599,615	$13,449,364
BCS	Barclays PLC	510,500	$12,992,225
WM	Waste Management Inc	57,500	$12,633,325
NTNX	Nutanix, Inc.	222,319	$11,491,669
NRG	Nrg Energy, Inc.	70,373	$11,206,196
CVE	Cenovus Energy Inc.	661,356	$11,190,143
ALGM	Allegro Microsystems, Inc.	417,291	$11,008,136
TKO	TKO Group Holdings, Inc.	50,000	$10,450,000
JKS	JinkoSolar Holding Co., Ltd.	391,201	$10,096,897
GLXY	Galaxy Digital Inc.	408,400	$9,131,824
WDAY	Workday, Inc.	42,100	$9,042,238
CRH	Crh Public Ltd Co	70,868	$8,844,326
RDDT	Reddit, Inc.	37,764	$8,680,810
BMO	Bank Of Montreal /Can/	66,250	$8,598,587
CSGP	Costar Group, Inc.	125,402	$8,432,030
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

571 positions · $29,915,779,475 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 301–350 of 571 positions by value · page 7 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AA	Alcoa Corp Basic Materials	Reduced	119,504	-293,375	$7,926,700	−63.9%	0.03%
CSX	Csx Corp Industrials	Reduced	193,340	-119,368	$7,936,607	−30.0%	0.03%
MDT	Medtronic plc Healthcare	Added	92,356	+42,469	$8,002,647	+67.0%	0.03%
VMC	Vulcan Materials CO Basic Materials	NEW	29,514	NEW	$8,036,662	NEW	0.03%
CLF	Cleveland-Cliffs Inc. Basic Materials	Added	958,700	+371,600	$8,101,015	+3.9%	0.03%
ALAB	Astera Labs, Inc. Technology	Reduced	74,579	-21,864	$8,173,858	−49.1%	0.03%
JBL	Jabil Inc Technology	Reduced	30,837	-73,749	$8,191,232	−65.7%	0.03%
MTB	M&T Bank Corp Financial Services	NEW	40,002	NEW	$8,269,213	NEW	0.03%
KOYN	CSLM Digital Asset Acquisition Corp III, Ltd Financial Services	NEW	828,627	NEW	$8,319,415	NEW	0.03%
MP	MP Materials Corp. / DE Basic Materials	Reduced	175,000	-1,275,700	$8,445,500	−88.5%	0.03%
TER	Teradyne, Inc Technology	Reduced	28,531	-31,847	$8,458,300	−27.6%	0.03%
STM	STMicroelectronics N.V. Technology	NEW	249,100	NEW	$8,606,405	NEW	0.03%
FTNT	Fortinet, Inc. Technology	Reduced	107,552	-28,264	$8,789,149	−18.5%	0.03%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Reduced	276,413	-2,530,126	$8,847,980	−91.5%	0.03%
AEP	American Electric Power Co Inc Utilities	Added	69,721	+42,744	$9,139,028	+193.8%	0.03%
STZ	Constellation Brands, Inc. Consumer Defensive	Added	61,455	+33,131	$9,218,250	+135.9%	0.03%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	58,572	-7,427	$9,353,948	−7.7%	0.03%
HUT	Hut 8 Corp. Financial Services	Reduced	200,000	-347,700	$9,382,000	−62.7%	0.03%
LNG	Cheniere Energy, Inc. Energy	Reduced	33,200	-13,900	$9,420,832	+2.9%	0.03%
PLD	Prologis, Inc. Real Estate	Added	72,012	+22,797	$9,518,546	+51.5%	0.03%
CG	Carlyle Group Inc. Financial Services	Added	199,681	+182,704	$9,662,563	+862.9%	0.03%
MO	Altria Group, Inc. Consumer Defensive	Reduced	147,594	-181,768	$9,739,728	−48.7%	0.03%
RY	Royal Bank Of Canada Financial Services	Added	60,392	+22,571	$9,770,217	+51.5%	0.03%
RTX	RTX Corp Industrials	Reduced	51,073	-288,127	$9,851,981	−84.2%	0.03%
DKS	Dick's Sporting Goods, Inc. Consumer Cyclical	Reduced	50,000	-900	$9,914,500	−1.6%	0.03%
KHC	Kraft Heinz Co Consumer Defensive	Added	459,182	+111,609	$10,327,003	+22.5%	0.03%
CB	Chubb Ltd Financial Services	Reduced	32,001	-1,599	$10,430,085	−0.5%	0.03%
MCO	Moodys Corp /De/ Financial Services	NEW	24,293	NEW	$10,597,821	NEW	0.04%
DG	Dollar General Corp Consumer Defensive	Reduced	90,500	-74,400	$10,745,065	−50.9%	0.04%
U	Unity Software Inc. Technology	Added	490,358	+233,830	$10,758,454	−5.1%	0.04%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	46,670	-44,830	$10,775,636	−58.4%	0.04%
DJT	Trump Media & Technology Group Corp. Communication Services	Reduced	1,168,700	-331,164	$10,845,536	−45.4%	0.04%
URI	United Rentals, Inc. Industrials	Reduced	15,013	-32,007	$10,937,871	−71.3%	0.04%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	76,611	+6,872	$11,065,692	+10.7%	0.04%
OGN	Organon & Co. Healthcare	Added	1,857,000	+195,100	$11,123,430	−6.6%	0.04%
ABBV	AbbVie Inc. Healthcare	Reduced	51,286	-17,849	$11,154,192	−29.4%	0.04%
REXR	Rexford Industrial Realty, Inc. Real Estate	NEW	340,800	NEW	$11,154,384	NEW	0.04%
CBRL	Cracker Barrel Old Country Store, Inc Consumer Cyclical	Added	400,000	+60,300	$11,244,000	+30.3%	0.04%
WHR	Whirlpool Corp /De/ Consumer Cyclical	Added	210,000	+194,900	$11,323,200	+939.5%	0.04%
LYB	LyondellBasell Industries N.V. Basic Materials	NEW	140,600	NEW	$11,326,736	NEW	0.04%
EQIX	Equinix Inc Real Estate	Added	11,600	+968	$11,370,784	+39.6%	0.04%
PCG	PG&E Corp Utilities	Added	660,403	+221,403	$11,603,280	+64.5%	0.04%
CENX	Century Aluminum Co Basic Materials	Added	201,900	+81,286	$11,849,511	+150.7%	0.04%
PAAS	Pan American Silver Corp Basic Materials	Added	223,300	+162,700	$12,198,879	+288.5%	0.04%
XP	XP Inc. Financial Services	Added	650,000	+496,274	$12,376,000	+391.8%	0.04%
SUI	Sun Communities Inc Real Estate	NEW	99,045	NEW	$12,475,708	NEW	0.04%
LOW	Lowes Companies Inc Consumer Cyclical	Added	53,418	+14,346	$12,621,605	+34.0%	0.04%
BSX	Boston Scientific Corp Healthcare	Reduced	202,989	-210,643	$12,737,559	−67.7%	0.04%
ROKU	Roku, Inc Communication Services	Reduced	134,781	-179,272	$12,752,978	−62.6%	0.04%
CRWD	CrowdStrike Holdings, Inc. Technology	Reduced	33,015	-131,044	$12,889,386	−83.2%	0.04%