AI Analysis · Q1 2026

Portfolio Overview

Parallax Volatility Advisers, L.P. manages a highly liquid, large-scale portfolio totaling approximately $65.94 billion as of September 30, 2025. This represents a significant portfolio expansion of +48.7% (an increase of $21.58 billion) compared to the previous quarter's value of $44.36 billion. The portfolio consists of 1,573 holdings, indicating a broad diversification strategy.

The fund's name suggests a focus on volatility management, and the current comp...

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight

SPY

STATE STR SPDR S&P 500 ETF T

SELECT SECTOR SPDR TR

Filing history

2026Q1Mar 31

$38.6B▼ 23.9%

1,428 positionsView →2025Q4Dec 31

$50.7B▼ 23.1%

1,605 positionsView →2025Q3Sep 30

$65.9B▲ 48.7%

1,573 positionsView →2025Q2Jun 30

$44.4B▲ 20.1%

1,527 positionsLocked 2025Q1Mar 31

$36.9B▼ 28.4%

1,518 positionsLocked 2024Q4Dec 31

$51.6B▼ 6.2%

1,989 positionsLocked 2024Q3Sep 30

$54.9B▲ 18.3%

1,989 positionsLocked 2024Q2Jun 30

$46.5B▲ 4.0%

1,943 positionsLocked 2024Q1Mar 31

$44.7B▼ 8.8%

1,762 positionsLocked 2023Q4Dec 31

$49.0B▲ 9.3%

2,118 positionsLocked 2023Q3Sep 30

$44.8B▼ 2.4%

2,242 positionsLocked 2023Q2Jun 30

$45.9B▼ 6.1%

2,322 positionsLocked

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Portfolio Overview

Key Holdings

Quarter at a glance — Q1 2026

Top 10 holdings

Filing history