Parallax Volatility Advisers, L.P.
All 13F Filings
- Location
- San Francisco, CA
- Most recent 13F
- Q4 2025
- Holdings value ($000)
- 50,701,425
- Description
- San Francisco California based fiduciary portfolio advisory practice with an independent operating structure and a mandate specific and implementation minded investment mandate. The approach emphasizes model based security selection, derivatives risk framing and exposure limits, and long duration private asset evaluation for private client and family mandates. Allocation decisions balance return objectives with robust oversight and disciplined exposure management through valuation anchored sizing and mandate continuity.
- Founded
- 2012
- Chairman
- —
- CEO
- —
- All SEC filings
- View on sec.gov
Sector allocation over time (stocks only)
Stacked by quarter. Hover to see detailed sector breakdown for any quarter.
| Quarter | Date Filed | Holdings | Value ($000) | Form Type | Name |
|---|---|---|---|---|---|
| Q4 2025 | 2/17/2026 | 1,605 | 50,701,425 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2025 | 11/14/2025 | 1,573 | 65,941,655 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2025 | 8/14/2025 | 1,527 | 44,357,706 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2025 | 5/15/2025 | 1,518 | 36,922,969 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2024 | 2/14/2025 | 1,989 | 51,553,046 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2024 | 11/14/2024 | 1,989 | 54,941,364 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2024 | 8/14/2024 | 1,943 | 46,451,579 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2024 | 5/15/2024 | 1,762 | 44,657,691 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2023 | 2/14/2024 | 2,118 | 48,987,666 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2023 | 11/14/2023 | 2,242 | 44,809,333 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2023 | 8/14/2023 | 2,322 | 45,933,837 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2023 | 5/15/2023 | 2,655 | 48,943,789 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2022 | 2/27/2023 | 2,827 | 64,426,581 | 13F-HR/A - RESTATEMENT | Parallax Volatility Advisers, L.P. |
| Q4 2022 | 2/14/2023 | 2,827 | 64,428,487 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2022 | 11/21/2022 | 3,093 | 64,688,009 | 13F-HR/A - RESTATEMENT | Parallax Volatility Advisers, L.P. |
| Q3 2022 | 11/14/2022 | 3,092 | 64,086,099 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2022 | 8/17/2022 | 2,886 | 105,099,655 | 13F-HR/A - RESTATEMENT | Parallax Volatility Advisers, L.P. |
| Q2 2022 | 8/15/2022 | 2,776 | 83,495,222 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2022 | 5/16/2022 | 2,839 | 191,592,754 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2021 | 2/14/2022 | 979 | 46,628,825 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q4 2021 | 2/14/2022 | 1,051 | 39,314,777 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q4 2021 | 2/14/2022 | 961 | 25,118,835 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2021 | 11/15/2021 | 944 | 54,464,708 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q3 2021 | 11/15/2021 | 1,094 | 49,482,752 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q3 2021 | 11/15/2021 | 952 | 28,408,802 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2021 | 8/16/2021 | 1,540 | 72,953,803 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q2 2021 | 8/16/2021 | 1,416 | 40,437,183 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2021 | 5/14/2021 | 1,254 | 44,903,859 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q1 2021 | 5/14/2021 | 1,040 | 47,001,236 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q1 2021 | 5/14/2021 | 900 | 23,466,096 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2020 | 2/16/2021 | 830 | 45,627,468 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q4 2020 | 2/16/2021 | 1,346 | 54,060,975 | 13F-HR/A - NEW HOLDINGS | Parallax Volatility Advisers, L.P. |
| Q4 2020 | 2/16/2021 | 1,086 | 36,060,463 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q3 2020 | 11/13/2020 | 3,013 | 134,975,190 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q2 2020 | 8/14/2020 | 2,688 | 85,496,360 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2020 | 5/15/2020 | 2,435 | 77,849,046 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q4 2019 | 2/14/2020 | 2,409 | 86,689,888 | 13F-HR | Parallax Volatility Advisers, L.P. |
| Q1 2014 | 5/15/2014 | 3,346 | 17,043,515 | 13F-HR | Parallax Volatility Advisers, LLC |
| Q4 2013 | 2/28/2014 | 3,320 | 20,552,394 | 13F-HR/A - RESTATEMENT | Parallax Volatility Advisers, LLC |
| Q4 2013 | 2/14/2014 | 3,134 | 19,765,088 | 13F-HR | Parallax Volatility Advisers, LLC |
Swipe for more columns
Money flow by instrument (QoQ, ex-options)
Derivatives reported exposure ($000):
47.49 M
(93.7% of total reported value)
· QoQ Δ:
-15.06 M
| Type | Value ($000) | Share % | Inflow | Outflow | Net |
|---|---|---|---|---|---|
| Stocks | 2.647 M | 82.5% | 0 | 234 K | -234 K |
| ETFs | 202.7 K | 6.3% | 118 K | 0 | 118 K |
| Debt | 346 K | 10.8% | 0 | 68.31 K | -68.31 K |
| Other | 12.27 K | 0.4% | 5.681 K | 0 | 5.681 K |
Swipe for more columns
Fund Snapshot
Q4 2025
Latest filed
2/17/2026
Total value ($000)
50,701,425
Holdings
1605
QoQ value change ($000)
-15,240,230
(-23.1%)
Value = total reported 13F value ($000), Holdings = number of positions.
13F Value over time
Holdings count over time
Sector allocation (latest, stocks only)
Methodology:
sector allocation is stocks-only;
instrument flow table is ex-options;
options exposure is shown separately.
Details.