Parallax Volatility Advisers, L.P.
CIK
1521001
Location
San Francisco, CA
Portfolio Value
Mid
$1,764,370,402
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, 2025Top 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
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Unclassified | 45.6% | $13,653,428,631 |
| Technology | 17.1% | $5,119,289,464 |
| Financial Services | 8.2% | $2,464,238,613 |
| Consumer Cyclical | 7.4% | $2,202,441,015 |
| Communication Services | 5.9% | $1,773,274,642 |
| Energy | 5.9% | $1,764,370,402 |
| Industrials | 3.6% | $1,063,783,995 |
| Consumer Defensive | 1.9% | $576,403,226 |
| Basic Materials | 1.7% | $522,287,570 |
| Healthcare | 1.2% | $363,398,731 |
| Utilities | 0.8% | $231,316,803 |
| Real Estate | 0.6% | $181,546,383 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
51 positions ·
$1,764,370,402 total
· Energy only
· 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 1–50
of 51 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CVX |
Chevron Corp
Energy
|
Added | 1,531,575 | $316,882,867 | 17.96% | |
| XOM |
Exxon Mobil Corp
Energy
|
Reduced | 1,101,611 | $186,899,322 | 10.59% | |
| COP |
Conocophillips
Energy
|
Added | 991,055 | $130,819,260 | 7.41% | |
| OXY |
Occidental Petroleum Corp /De/
Energy
|
Reduced | 1,574,994 | $102,374,610 | 5.80% | |
| SLB |
Slb Limited/Nv
Energy
|
Added | 1,922,200 | $98,781,858 | 5.60% | |
| EQT |
EQT Corp
Energy
|
Added | 1,528,339 | $97,263,493 | 5.51% | |
| EXE |
EXPAND ENERGY Corp
Energy
|
Added | 881,237 | $96,742,197 | 5.48% | |
| HAL |
Halliburton Co
Energy
|
Added | 2,435,403 | $94,956,362 | 5.38% | |
| DVN |
Devon Energy Corp/De
Energy
|
Added | 1,207,605 | $60,766,683 | 3.44% | |
| CCJ |
Cameco Corp
Energy
|
Reduced | 416,582 | $45,244,971 | 2.56% | |
| NBR |
Nabors Industries Ltd
Energy
|
Added | 515,800 | $44,389,748 | 2.52% | |
| BTU |
Peabody Energy Corp
Energy
|
Added | 1,332,800 | $43,915,760 | 2.49% | |
| AR |
ANTERO RESOURCES Corp
Energy
|
Added | 1,016,202 | $43,127,612 | 2.44% | |
| VLO |
Valero Energy Corp/Tx
Energy
|
Added | 167,881 | $41,480,037 | 2.35% | |
| RRC |
Range Resources Corp
Energy
|
Added | 808,300 | $36,518,994 | 2.07% | |
| FANG |
Diamondback Energy, Inc.
Energy
|
Added | 174,672 | $34,548,374 | 1.96% | |
| CTRA |
Coterra Energy Inc.
Energy
|
Added | 818,978 | $28,778,886 | 1.63% | |
| BP |
Bp PLC
Energy
|
Added | 541,125 | $25,432,875 | 1.44% | |
| WMB |
Williams Companies, Inc.
Energy
|
Added | 318,002 | $23,144,185 | 1.31% | |
| CRK |
Comstock Resources Inc
Energy
|
Reduced | 1,078,901 | $22,743,233 | 1.29% | |
| KMI |
Kinder Morgan, Inc.
Energy
|
Reduced | 637,301 | $21,368,702 | 1.21% | |
| RIG |
Transocean Ltd.
Energy
|
Added | 3,034,400 | $20,118,072 | 1.14% | |
| APA |
APA Corp
Energy
|
Added | 473,701 | $20,103,870 | 1.14% | |
| EOG |
Eog Resources Inc
Energy
|
Reduced | 138,015 | $19,952,828 | 1.13% | |
| GLNG |
Golar Lng Ltd
Energy
|
NEW | 327,392 | $17,715,181 | 1.00% | |
| DINO |
HF Sinclair Corp
Energy
|
Added | 254,214 | $15,860,411 | 0.90% | |
| SHEL |
Shell plc
Energy
|
Reduced | 157,670 | $14,663,310 | 0.83% | |
| LNG |
Cheniere Energy, Inc.
Energy
|
Reduced | 33,200 | $9,420,832 | 0.53% | |
| NXE |
NexGen Energy Ltd.
Energy
|
Reduced | 613,200 | $7,113,120 | 0.40% | |
| BKR |
Baker Hughes Co
Energy
|
Added | 112,903 | $6,892,728 | 0.39% | |
| OVV |
Ovintiv Inc.
Energy
|
NEW | 100,000 | $5,936,000 | 0.34% | |
| SU |
Suncor Energy Inc
Energy
|
Added | 85,000 | $5,619,350 | 0.32% | |
| AM |
Antero Midstream Corp
Energy
|
NEW | 166,077 | $3,786,555 | 0.21% | |
| TTE |
TotalEnergies SE
Energy
|
Held | 40,000 | $3,639,200 | 0.21% | |
| DNN |
Denison Mines Corp.
Energy
|
Reduced | 707,200 | $2,496,416 | 0.14% | |
| MPC |
Marathon Petroleum Corp
Energy
|
Reduced | 8,925 | $2,179,306 | 0.12% | |
| UUUU |
Energy Fuels Inc
Energy
|
Reduced | 100,000 | $1,825,000 | 0.10% | |
| PSX |
Phillips 66
Energy
|
Reduced | 9,257 | $1,686,440 | 0.10% | |
| MTDR |
Matador Resources Co
Energy
|
NEW | 22,500 | $1,421,550 | 0.08% | |
| LEU |
Centrus Energy Corp
Energy
|
Added | 7,991 | $1,387,157 | 0.08% | |
| PBF |
PBF Energy Inc.
Energy
|
Added | 22,658 | $1,078,973 | 0.06% | |
| CRGY |
Crescent Energy Co
Energy
|
Held | 63,800 | $861,300 | 0.05% | |
| PR |
Permian Resources Corp
Energy
|
NEW | 40,000 | $852,800 | 0.05% | |
| UEC |
Uranium Energy Corp
Energy
|
Reduced | 57,835 | $780,772 | 0.04% | |
| EQNR |
Equinor ASA
Energy
|
NEW | 17,795 | $750,949 | 0.04% | |
| SM |
SM Energy Co
Energy
|
NEW | 20,000 | $623,600 | 0.04% | |
| YPF |
Ypf Sociedad Anonima
Energy
|
Reduced | 11,065 | $511,424 | 0.03% | |
| VNOM |
Viper Energy, Inc.
Energy
|
NEW | 7,403 | $347,866 | 0.02% | |
| OKE |
Oneok Inc /New/
Energy
|
Reduced | 3,240 | $292,863 | 0.02% | |
| UROY |
Uranium Royalty Corp.
Energy
|
NEW | 50,000 | $182,500 | 0.01% |