Parallax Volatility Advisers, L.P. 13F holdings, Q2 2025
Holdings as of June 30, 2025 · filings on SEC EDGAR · latest filing →
Parallax Volatility Advisers, L.P. disclosed 511 US equity positions worth $2.5bn in its Q2 2025 13F filing. The largest position was NVDA at 7.8% of the reported book, followed by ARM and NFLX. Against the Q1 2025 filing, it opened 7 new positions, added to 24 and reduced 17 among the top 50 holdings.
What did Parallax Volatility Advisers, L.P. own in Q2 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2025 |
|---|---|---|---|---|---|---|---|
| 1 | NVDA NVIDIA CORPORATION | Technology | 7.8% | $193.6m | 1,237,449 | -22% | reduced |
| 2 | ARM ARM HOLDINGS PLC | Technology | 3.8% | $96.0m | 593,626 | 147% | added |
| 3 | NFLX NETFLIX INC | Communication Services | 3.7% | $92.4m | 68,984 | 88% | added |
| 4 | NET CLOUDFLARE INC | Technology | 2.8% | $68.9m | 360,365 | 39% | added |
| 5 | GEV GE VERNOVA INC | Industrials | 2.4% | $59.1m | 111,761 | -23% | reduced |
| 6 | GE GE AEROSPACE | Industrials | 2.3% | $58.4m | 226,745 | 228% | added |
| 7 | NEXTERA ENERGY INC | 2.2% | $54.7m | 787,858 | -23% | reduced | |
| 8 | COIN COINBASE GLOBAL INC | 1.9% | $46.2m | 40,000,000 | 0% | held | |
| 9 | MSFT MICROSOFT CORP | Technology | 1.8% | $44.2m | 88,854 | -21% | reduced |
| 10 | TLT ISHARES TR | 1.6% | $40.4m | 457,767 | – | new | |
| 11 | ARKK ARK ETF TR | 1.5% | $36.9m | 525,116 | 3406% | added | |
| 12 | AXON AXON ENTERPRISE INC | 1.5% | $36.3m | 10,000,000 | – | new | |
| 13 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 1.4% | $34.3m | 302,860 | 198% | added |
| 14 | ZS ZSCALER INC | Technology | 1.3% | $32.9m | 104,887 | – | new |
| 15 | JD JD.COM INC | Consumer Cyclical | 1.3% | $32.4m | 991,998 | 999% | added |
| 16 | SPOTIFY USA INC | 1.2% | $30.3m | 20,000,000 | 0% | held | |
| 17 | CI THE CIGNA GROUP | Healthcare | 1.2% | $29.2m | 88,182 | 9% | added |
| 18 | ORCL ORACLE CORP | Technology | 1.1% | $28.4m | 130,038 | 44% | added |
| 19 | XLF SELECT SECTOR SPDR TR | 1.1% | $27.2m | 518,548 | 51854700% | added | |
| 20 | AAL AMERICAN AIRLS GROUP INC | Industrials | 1.1% | $26.5m | 2,334,259 | 9% | added |
| 21 | AIRBNB INC | 1.0% | $24.1m | 25,000,000 | -11% | reduced | |
| 22 | DAL DELTA AIR LINES INC DEL | Industrials | 0.9% | $23.3m | 474,313 | -51% | reduced |
| 23 | AXP AMERICAN EXPRESS CO | Financial Services | 0.9% | $23.3m | 73,110 | 701% | added |
| 24 | NKE NIKE INC | Consumer Cyclical | 0.9% | $22.9m | 322,292 | -8% | reduced |
| 25 | NEXTERA ENERGY INC | 0.9% | $22.3m | 320,536 | -52% | reduced | |
| 26 | WEC ENERGY GROUP INC | 0.9% | $21.6m | 18,750,000 | – | new | |
| 27 | KRE SPDR SERIES TRUST | 0.9% | $21.6m | 363,103 | 140% | added | |
| 28 | TWLO TWILIO INC | Technology | 0.8% | $20.5m | 164,918 | 18% | added |
| 29 | SPROTT PHYSICAL GOLD & SILVE | 0.8% | $19.3m | 641,772 | -68% | reduced | |
| 30 | BLACKSTONE MORTGAGE TRUST IN | 0.8% | $18.9m | 19,500,000 | 30% | added | |
| 31 | CRWD CROWDSTRIKE HLDGS INC | Technology | 0.7% | $18.4m | 36,119 | -67% | reduced |
| 32 | SMH VANECK ETF TRUST | 0.7% | $18.0m | 64,457 | -67% | reduced | |
| 33 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.7% | $17.7m | 56,777 | -33% | reduced |
| 34 | META META PLATFORMS INC | Communication Services | 0.7% | $17.6m | 23,811 | – | new |
| 35 | GM GENERAL MTRS CO | Consumer Cyclical | 0.7% | $16.7m | 340,011 | 130% | added |
| 36 | ARBOR REALTY TRUST INC | 0.6% | $15.8m | 16,000,000 | 33% | added | |
| 37 | INTC INTEL CORP | Technology | 0.6% | $15.7m | 700,159 | – | new |
| 38 | SMCI SUPER MICRO COMPUTER INC | Technology | 0.6% | $15.4m | 314,170 | 87% | added |
| 39 | CSX CSX CORP | Industrials | 0.6% | $15.3m | 468,507 | 3603800% | added |
| 40 | WFC WELLS FARGO CO NEW | Financial Services | 0.6% | $15.2m | 189,534 | -42% | reduced |
| 41 | SOXX ISHARES TR | 0.6% | $15.0m | 62,741 | 278% | added | |
| 42 | AMD ADVANCED MICRO DEVICES INC | Technology | 0.6% | $14.7m | 103,470 | -67% | reduced |
| 43 | ADBE ADOBE INC | Technology | 0.6% | $13.9m | 35,913 | -4% | reduced |
| 44 | BRK/B BERKSHIRE HATHAWAY INC DEL | 0.5% | $13.6m | 27,914 | – | new | |
| 45 | PLTR PALANTIR TECHNOLOGIES INC | Technology | 0.5% | $13.4m | 98,425 | 20% | added |
| 46 | C CITIGROUP INC | Financial Services | 0.5% | $12.5m | 146,573 | -57% | reduced |
| 47 | ROKU ROKU INC | Communication Services | 0.5% | $12.2m | 139,237 | 19% | added |
| 48 | CVS CVS HEALTH CORP | Healthcare | 0.5% | $11.9m | 172,358 | 194% | added |
| 49 | PENNYMAC CORP | 0.5% | $11.9m | 12,000,000 | 20% | added | |
| 50 | ON ON SEMICONDUCTOR CORP | 0.5% | $11.8m | 10,000,000 | -17% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.