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 / 8,545 ▼ 45

Top Industry

Semiconductors 13.0%

3Y Alpha vs SPY

+9.3%

Period ended 2 months ago

Filed May 15, 2026 · 18d

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 51–100 of 571 positions by value · page 2 of 12

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TPR	Tapestry, Inc. Consumer Cyclical	Reduced	644,333	-23,267	$90,921,829	+6.6%	0.30%
MRVL	Marvell Technology, Inc. Technology	Added	899,046	+187,364	$89,050,506	+47.2%	0.30%
AXP	American Express Co Financial Services	Reduced	280,902	-1,287,381	$84,967,236	−85.4%	0.28%
MS	Morgan Stanley Financial Services	Reduced	508,904	-492,593	$83,750,331	−52.9%	0.28%
APO	Apollo Global Management, Inc. Financial Services	Reduced	732,401	-903,899	$81,604,119	−65.5%	0.27%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	245,525	-17,633	$80,750,717	−10.8%	0.27%
ARM	Arm Holdings PLC /Uk Technology	Reduced	498,149	-952,621	$75,359,980	−52.5%	0.25%
LYV	Live Nation Entertainment, Inc. Communication Services	Added	489,310	+125,610	$74,624,668	+44.0%	0.25%
QCOM	Qualcomm Inc/De Technology	Reduced	557,572	-427,328	$71,804,122	−57.4%	0.24%
PEP	Pepsico Inc Consumer Defensive	Added	460,141	+123,420	$71,455,295	+47.9%	0.24%
SNOW	Snowflake Inc. Technology	Reduced	470,004	-414,769	$70,886,003	−63.5%	0.24%
VZ	Verizon Communications Inc Communication Services	Reduced	1,396,672	-293,079	$70,112,934	+1.9%	0.23%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	879,895	-932,982	$70,048,440	−58.5%	0.23%
UAL	United Airlines Holdings, Inc. Industrials	Reduced	760,558	-601,834	$70,024,575	−54.0%	0.23%
CCL	Carnival Corp Ltd. Consumer Cyclical	Reduced	2,653,700	-718,200	$68,677,756	−33.3%	0.23%
FDX	Fedex Corp Industrials	Added	191,337	+131,174	$68,150,412	+292.1%	0.23%
PYPL	PayPal Holdings, Inc. Financial Services	Added	1,473,510	+5,506	$66,646,857	−22.2%	0.22%
NKE	NIKE, Inc. Consumer Cyclical	Added	1,241,261	+734,436	$65,563,406	+103.0%	0.22%
DELL	Dell Technologies Inc. Technology	Added	393,800	+116,900	$64,634,394	+85.4%	0.22%
NEE	Nextera Energy Inc Utilities	Reduced	693,203	-63,560	$64,384,694	+6.0%	0.22%
WULF	Terawulf Inc. Financial Services	Reduced	4,446,700	-4,202,451	$64,165,881	−35.4%	0.21%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	586,401	-128,590	$63,477,908	−11.1%	0.21%
TMUS	T-Mobile US, Inc. Communication Services	Reduced	299,569	-21,933	$62,918,477	−3.6%	0.21%
DVN	Devon Energy Corp/De Energy	Added	1,207,605	+36,905	$60,766,683	+41.7%	0.20%
CEG	Constellation Energy Corp Utilities	Added	216,330	+6,954	$60,410,152	−18.3%	0.20%
ANET	Arista Networks, Inc. Technology	Added	482,738	+276,250	$59,270,571	+119.1%	0.20%
B	Barrick Mining Corp Basic Materials	Added	1,436,004	+666,107	$58,574,603	+74.7%	0.20%
WDC	Western Digital Corp Technology	Reduced	214,962	-151,155	$58,145,071	−7.8%	0.19%
ASML	Asml Holding NV Technology	Reduced	43,430	-5,010	$57,363,646	+10.7%	0.19%
IREN	IREN Ltd Financial Services	Reduced	1,667,728	-557,272	$57,169,715	−32.0%	0.19%
AMAT	Applied Materials Inc /De Technology	Reduced	160,000	-118,600	$54,686,400	−23.6%	0.18%
BX	Blackstone Inc. Financial Services	Added	435,556	+100,056	$50,084,584	−3.2%	0.17%
TXN	Texas Instruments Inc Technology	Added	257,277	+10,877	$49,947,756	+16.8%	0.17%
DHR	Danaher Corp /De/ Healthcare	Added	262,750	+229,967	$49,817,400	+563.8%	0.17%
MMM	3M Co Industrials	Reduced	342,604	-127	$49,756,378	−9.3%	0.17%
COF	Capital One Financial Corp Financial Services	Added	271,907	+84,687	$49,603,994	+9.3%	0.17%
NET	Cloudflare, Inc. Technology	Reduced	232,549	-533,848	$47,984,160	−68.2%	0.16%
CORZ	Core Scientific, Inc./tx Technology	Added	3,195,389	+974,886	$47,803,019	+47.9%	0.16%
NBIS	Nebius Group N.V. Communication Services	Reduced	459,100	-393,229	$47,636,216	−33.2%	0.16%
CCJ	Cameco Corp Energy	Reduced	416,582	-271,818	$45,244,971	−28.2%	0.15%
LRCX	Lam Research Corp Technology	Reduced	211,474	-91,049	$45,183,534	−12.7%	0.15%
DIA	Spdr Dow Jones Industrial Average ETF Trust	Reduced	97,400	-30,000	$45,114,706	−26.3%	0.15%
NBR	Nabors Industries Ltd Energy	Added	515,800	+116,200	$44,389,748	+104.6%	0.15%
JD	JD.com, Inc. Consumer Cyclical	Reduced	1,489,103	-490,327	$44,032,775	−22.5%	0.15%
BTU	Peabody Energy Corp Energy	Added	1,332,800	+30,000	$43,915,760	+13.5%	0.15%
BXMT	Blackstone Mortgage Trust, Inc. Real Estate	Reduced	2,265,000	-1,081,100	$43,374,750	−32.2%	0.14%
AR	ANTERO RESOURCES Corp Energy	Added	1,016,202	+522,261	$43,127,612	+153.4%	0.14%
KO	Coca Cola Co Consumer Defensive	Reduced	559,205	-209,541	$42,527,540	−20.9%	0.14%
AXON	Axon Enterprise, Inc. Industrials	Added	99,897	+15,497	$42,425,256	−11.5%	0.14%
CSCO	Cisco Systems, Inc. Technology	Reduced	545,700	-895,462	$42,340,863	−61.9%	0.14%