Parallax Volatility Advisers, L.P.
โขCIK: 1521001โขFiling: Q4 2025
Parallax Volatility Advisers, L.P., managed by the renowned volatility-focused strategist, John Paulson, currently oversees $15.7 billion in assets with a strategy emphasizing high-volatility equities, as evidenced by its top holdings in NDQ, XLF, and META. Recently, the fund has made notable moves by adding TLT and LMT with significant weight increases, while exiting positions in BCLYF and APD, reflecting a tactical shift towards sectors with potential for increased volatility.
Total AUM
$1.3B
+ $14.1B in options
QoQ Performance
-0.9%
Positions
299
+ 443 options
Top 10 Concentration
42.5%
Latest Filing
Q4 2025
Top Holdings Allocation
NDQ
NDQ12.4%
XLF4.0%
META4.0%
AAPL3.8%
NVDA3.3%
GOOGL3.2%
GQ93.0%
SMH2.0%
๐ Biggest Buys
๐ Biggest Sells
Sector Breakdown
Other58.2%
Technology22.8%
Financial5.6%
Consumer4.0%
Industrial3.3%
Healthcare1.7%
Energy1.4%
Communication1.3%
๐ช Exited Positionssold since Q3 2025
+587 more exited positions
Changes from Q3 2025
NEW4 new positions
โ139 increased
โ50 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023