Filed: 8/14/2025ACC: 0001172661-25-003451
📋 What this filing means
PARALLAX VOLATILITY ADVISERS, L.P. filed this quarterly 13F‑HR report disclosing 807 equity positions with a total reported market value of $44.36B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
807
Positions
$44.36B
Total AUM (reported)
724.40M
Total Shares
Allocation by class
COM$14.43B32.5%
TR UNIT$9.47B21.4%
UNIT SER 1$4.70B10.6%
CL A$2.76B6.2%
RUSSELL 2000 ETF$1.49B3.4%
COM CL A$1.45B3.3%
COM NEW$1.28B2.9%
Portfolio Concentration
Top 3$15.65B35.3%
4–10$6.39B14.4%
11–25$5.75B13.0%
Rest$16.58B37.4%
Top 3 weight
35.3%
Top 10 weight
49.7%
Voting Authority Distribution
Total shares with voting rights: 724.40M
Sole
Full voting authority
724.40M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole807
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings807
Rows:
SPDR S&P 500 ETF TR
SOLEShares15.30M
TypeSH
Market value$9.46B
21.32%
Sole
15.30M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares8.53M
TypeSH
Market value$4.70B
10.60%
Sole
8.53M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6.89M
TypeSH
Market value$1.49B
3.35%
Sole
6.89M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares9.29M
TypeSH
Market value$1.47B
3.30%
Sole
9.29M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares1.96M
TypeSH
Market value$1.45B
3.27%
Sole
1.96M
Shared
0.00
None
0.00
TESLA INC
SOLEShares3.06M
TypeSH
Market value$973.18M
2.19%
Sole
3.06M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares16.50M
TypeSH
Market value$864.01M
1.95%
Sole
16.50M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares439.78K
TypeSH
Market value$588.93M
1.33%
Sole
439.78K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares1.90M
TypeSH
Market value$523.74M
1.18%
Sole
1.90M
Shared
0.00
None
0.00
MICROSTRATEGY INC
SOLEShares1.29M
TypeSH
Market value$520.97M
1.17%
Sole
1.29M
Shared
0.00
None
0.00
APPLE INC
SOLEShares2.50M
TypeSH
Market value$513.71M
1.16%
Sole
2.50M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares10.21M
TypeSH
Market value$492.71M
1.11%
Sole
10.21M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares2.07M
TypeSH
Market value$469.76M
1.06%
Sole
2.07M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares926.75K
TypeSH
Market value$460.98M
1.04%
Sole
926.75K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares5.51M
TypeSH
Market value$444.21M
1.00%
Sole
5.51M
Shared
0.00
None
0.00
BOEING CO
SOLEShares1.92M
TypeSH
Market value$401.56M
0.91%
Sole
1.92M
Shared
0.00
None
0.00
COINBASE GLOBAL INC
SOLEShares1.13M
TypeSH
Market value$397.39M
0.90%
Sole
1.13M
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares1.38M
TypeSH
Market value$383.56M
0.86%
Sole
1.38M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares1.22M
TypeSH
Market value$372.78M
0.84%
Sole
1.22M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.03M
TypeSH
Market value$328.49M
0.74%
Sole
1.03M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares1.86M
TypeSH
Market value$328.02M
0.74%
Sole
1.86M
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares3.48M
TypeSH
Market value$295.95M
0.67%
Sole
3.48M
Shared
0.00
None
0.00
ROYAL CARIBBEAN GROUP
SOLEShares931.90K
TypeSH
Market value$291.82M
0.66%
Sole
931.90K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares850K
TypeSH
Market value$286.42M
0.65%
Sole
850K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares970.11K
TypeSH
Market value$281.25M
0.63%
Sole
970.11K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 15.30M | SH | $9.46B 21.32% | 15.30M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 8.53M | SH | $4.70B 10.60% | 8.53M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 6.89M | SH | $1.49B 3.35% | 6.89M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 9.29M | SH | $1.47B 3.30% | 9.29M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 1.96M | SH | $1.45B 3.27% | 1.96M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 3.06M | SH | $973.18M 2.19% | 3.06M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | FINANCIAL | 16.50M | SH | $864.01M 1.95% | 16.50M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 439.78K | SH | $588.93M 1.33% | 439.78K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 1.90M | SH | $523.74M 1.18% | 1.90M | 0.00 | 0.00 |
MICROSTRATEGY INCSOLE | CL A NEW | 1.29M | SH | $520.97M 1.17% | 1.29M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 2.50M | SH | $513.71M 1.16% | 2.50M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 10.21M | SH | $492.71M 1.11% | 10.21M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 2.07M | SH | $469.76M 1.06% | 2.07M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 926.75K | SH | $460.98M 1.04% | 926.75K | 0.00 | 0.00 |
ISHARES TRSOLE | IBOXX HI YD ETF | 5.51M | SH | $444.21M 1.00% | 5.51M | 0.00 | 0.00 |
BOEING COSOLE | COM | 1.92M | SH | $401.56M 0.91% | 1.92M | 0.00 | 0.00 |
COINBASE GLOBAL INCSOLE | COM CL A | 1.13M | SH | $397.39M 0.90% | 1.13M | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | SEMICONDUCTR ETF | 1.38M | SH | $383.56M 0.86% | 1.38M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 1.22M | SH | $372.78M 0.84% | 1.22M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.03M | SH | $328.49M 0.74% | 1.03M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 1.86M | SH | $328.02M 0.74% | 1.86M | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 3.48M | SH | $295.95M 0.67% | 3.48M | 0.00 | 0.00 |
ROYAL CARIBBEAN GROUPSOLE | COM | 931.90K | SH | $291.82M 0.66% | 931.90K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 850K | SH | $286.42M 0.65% | 850K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 970.11K | SH | $281.25M 0.63% | 970.11K | 0.00 | 0.00 |
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