Filed: 2/17/2026ACC: 0001172661-26-001067
📋 What this filing means
PARALLAX VOLATILITY ADVISERS, L.P. filed this quarterly 13F‑HR report disclosing 820 equity positions with a total reported market value of $50.70B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
820
Positions
$50.70B
Total AUM (reported)
781.26M
Total Shares
Allocation by class
COM$16.82B33.2%
TR UNIT$10.83B21.4%
UNIT SER 1$4.23B8.3%
CL A$2.31B4.6%
COM CL A$1.83B3.6%
RUSSELL 2000 ETF$1.64B3.2%
STATE STREET FIN$1.59B3.1%
Portfolio Concentration
Top 3$16.70B32.9%
4–10$8.34B16.5%
11–25$6.36B12.6%
Rest$19.30B38.1%
Top 3 weight
32.9%
Top 10 weight
49.4%
Voting Authority Distribution
Total shares with voting rights: 781.26M
Sole
Full voting authority
781.26M
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)
Sole820
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings820
Rows:
SPDR S&P 500 ETF TR
SOLEShares15.88M
TypeSH
Market value$10.83B
21.36%
Sole
15.88M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares6.88M
TypeSH
Market value$4.23B
8.34%
Sole
6.88M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6.66M
TypeSH
Market value$1.64B
3.23%
Sole
6.66M
Shared
0.00
None
0.00
TESLA INC
SOLEShares3.61M
TypeSH
Market value$1.62B
3.20%
Sole
3.61M
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares28.95M
TypeSH
Market value$1.59B
3.13%
Sole
28.95M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares6.87M
TypeSH
Market value$1.28B
2.53%
Sole
6.87M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares1.80M
TypeSH
Market value$1.19B
2.34%
Sole
1.80M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares2.82M
TypeSH
Market value$1.12B
2.20%
Sole
2.82M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares2.48M
TypeSH
Market value$774.99M
1.53%
Sole
2.48M
Shared
0.00
None
0.00
APPLE INC
SOLEShares2.84M
TypeSH
Market value$772.98M
1.52%
Sole
2.84M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares1.83M
TypeSH
Market value$631.67M
1.25%
Sole
1.83M
Shared
0.00
None
0.00
AMERICAN EXPRESS CO
SOLEShares1.57M
TypeSH
Market value$580.19M
1.14%
Sole
1.57M
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares1.58M
TypeSH
Market value$568.68M
1.12%
Sole
1.58M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares2.17M
TypeSH
Market value$501.58M
0.99%
Sole
2.17M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares1M
TypeSH
Market value$484.78M
0.96%
Sole
1M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares7.06M
TypeSH
Market value$454.60M
0.90%
Sole
7.06M
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares2.31M
TypeSH
Market value$450.94M
0.89%
Sole
2.31M
Shared
0.00
None
0.00
BOEING CO
SOLEShares1.77M
TypeSH
Market value$384.93M
0.76%
Sole
1.77M
Shared
0.00
None
0.00
TAIWAN SEMICONDUCTOR MFG LTD
SOLEShares1.18M
TypeSH
Market value$359.37M
0.71%
Sole
1.18M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares6.16M
TypeSH
Market value$336.95M
0.66%
Sole
6.16M
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares2.25M
TypeSH
Market value$329.40M
0.65%
Sole
2.25M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares3.42M
TypeSH
Market value$327.99M
0.65%
Sole
3.42M
Shared
0.00
None
0.00
VISA INC
SOLEShares918K
TypeSH
Market value$321.95M
0.63%
Sole
918K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares987.48K
TypeSH
Market value$318.18M
0.63%
Sole
987.48K
Shared
0.00
None
0.00
CARVANA CO
SOLEShares740.20K
TypeSH
Market value$312.38M
0.62%
Sole
740.20K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 15.88M | SH | $10.83B 21.36% | 15.88M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 6.88M | SH | $4.23B 8.34% | 6.88M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 6.66M | SH | $1.64B 3.23% | 6.66M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 3.61M | SH | $1.62B 3.20% | 3.61M | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | STATE STREET FIN | 28.95M | SH | $1.59B 3.13% | 28.95M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 6.87M | SH | $1.28B 2.53% | 6.87M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 1.80M | SH | $1.19B 2.34% | 1.80M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 2.82M | SH | $1.12B 2.20% | 2.82M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 2.48M | SH | $774.99M 1.53% | 2.48M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 2.84M | SH | $772.98M 1.52% | 2.84M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 1.83M | SH | $631.67M 1.25% | 1.83M | 0.00 | 0.00 |
AMERICAN EXPRESS COSOLE | COM | 1.57M | SH | $580.19M 1.14% | 1.57M | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | SEMICONDUCTR ETF | 1.58M | SH | $568.68M 1.12% | 1.58M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 2.17M | SH | $501.58M 0.99% | 2.17M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 1M | SH | $484.78M 0.96% | 1M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 7.06M | SH | $454.60M 0.90% | 7.06M | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 2.31M | SH | $450.94M 0.89% | 2.31M | 0.00 | 0.00 |
BOEING COSOLE | COM | 1.77M | SH | $384.93M 0.76% | 1.77M | 0.00 | 0.00 |
TAIWAN SEMICONDUCTOR MFG LTDSOLE | SPONSORED ADS | 1.18M | SH | $359.37M 0.71% | 1.18M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EMG MKT ETF | 6.16M | SH | $336.95M 0.66% | 6.16M | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 2.25M | SH | $329.40M 0.65% | 2.25M | 0.00 | 0.00 |
ISHARES TRSOLE | MSCI EAFE ETF | 3.42M | SH | $327.99M 0.65% | 3.42M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 918K | SH | $321.95M 0.63% | 918K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 987.48K | SH | $318.18M 0.63% | 987.48K | 0.00 | 0.00 |
CARVANA COSOLE | CL A | 740.20K | SH | $312.38M 0.62% | 740.20K | 0.00 | 0.00 |
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