CITADEL ADVISORS LLC quarter change: USA ETF, Added
In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), from the quarter ended 2025-12-31 to 2026-03-31, CITADEL ADVISORS LLC opened 789 positions, added to 418, reduced 392, sold out of 512 and left 2 unchanged. The largest increase in value was IVV (+$2,601,617,767); the largest decrease was SPY (-$1,248,171,779).
- FIRST TR EXCHANGE-TRADED ALP: Country of operation —; Class SHS ISSUED FRST; Shares 2025-12-31 8,530; Shares 2026-03-31 33,139.
- DAVIS FUNDAMENTAL ETF TR: Country of operation —; Class SELECT FINL; Shares 2025-12-31 16,821; Shares 2026-03-31 70,604.
- FLCO: Country of operation United States; Class INVT GRADE CORPT; Shares 2025-12-31 10,204; Shares 2026-03-31 118,382.
- SPDR SERIES TRUST: Country of operation —; Class STATE STREET SPD; Shares 2025-12-31 1,683; Shares 2026-03-31 13,598.
Two Form 13F-HR filings compared (SEC CIK 1423053): 2025-12-31 (filed 2026-02-17) and 2026-03-31 (filed 2026-05-15). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.
| Stock | Country of operation | Class | Shares 2025-12-31 | Shares 2026-03-31 | Share change | Value 2025-12-31 | Value 2026-03-31 | Value change |
|---|---|---|---|---|---|---|---|---|
| FIRST TR EXCHANGE-TRADED ALP CUSIP 33733C108 | — | SHS ISSUED FRST | 8,530 | 33,139 | +24,609 | $760,490 | $3,133,249 | +$2,372,759 |
| DAVIS FUNDAMENTAL ETF TR CUSIP 23908L108 | — | SELECT FINL | 16,821 | 70,604 | +53,783 | $812,959 | $3,165,883 | +$2,352,924 |
| FLCO FRANKLIN TEMPLETON ETF TR | United States | INVT GRADE CORPT | 10,204 | 118,382 | +108,178 | $220,917 | $2,535,742 | +$2,314,825 |
| SPDR SERIES TRUST CUSIP 78464A540 | — | STATE STREET SPD | 1,683 | 13,598 | +11,915 | $257,869 | $2,557,240 | +$2,299,371 |
| XLI SELECT SECTOR SPDR TR | United States | STATE STREET IND | 118,425 | 127,544 | +9,119 | $18,370,086 | $20,627,691 | +$2,257,605 |
| ISHARES TR CUSIP 46436E619 | — | ESG ADVANCED UNI | 76,596 | 128,997 | +52,401 | $3,363,330 | $5,611,370 | +$2,248,040 |
| J P MORGAN EXCHANGE TRADED F CUSIP 46654Q716 | United States | ACTIVE BOND ETF | 18,830 | 60,225 | +41,395 | $1,018,138 | $3,238,298 | +$2,220,160 |
| VANECK ETF TRUST CUSIP 92189Y402 | — | ROBOTICS ETF | 52,753 | 93,413 | +40,660 | $2,777,445 | $4,965,863 | +$2,188,418 |
| KOMP SPDR SERIES TRUST | United States | STATE STREET SPD | 12,287 | 49,520 | +37,233 | $733,903 | $2,895,816 | +$2,161,913 |
| ISHARES TR CUSIP 46436E296 | — | IBONDS DEC 2032 | 98,613 | 192,879 | +94,266 | $2,275,495 | $4,422,793 | +$2,147,298 |
| FIRST TR EXCHANGE-TRADED ALP CUSIP 33734K109 | — | COM SHS | 4,631 | 22,078 | +17,447 | $549,313 | $2,691,920 | +$2,142,607 |
| VANGUARD SCOTTSDALE FDS CUSIP 92206C573 | — | TOTAL CORP BND | 6,733 | 33,882 | +27,149 | $522,750 | $2,603,154 | +$2,080,404 |
| ISHARES TR CUSIP 464288737 | — | GLB CNSM STP ETF | 14,247 | 44,764 | +30,517 | $921,069 | $2,999,636 | +$2,078,567 |
| GOLDMAN SACHS ETF TR CUSIP 38149W820 | — | INNOVAT EQ ETF | 11,005 | 41,992 | +30,987 | $804,467 | $2,868,213 | +$2,063,746 |
| CAPITAL GRP FIXED INCM ETF T CUSIP 14020Y300 | — | US MULTI-SECTOR | 127,901 | 205,205 | +77,304 | $3,532,626 | $5,587,732 | +$2,055,106 |
| SPDR SERIES TRUST CUSIP 78468R457 | — | STATE STREET SPD | 27,462 | 95,354 | +67,892 | $835,531 | $2,885,889 | +$2,050,358 |
| NEOS ETF TRUST CUSIP 78433H550 | — | GOLD HIGH INCOME | 27,592 | 63,067 | +35,475 | $1,541,841 | $3,586,620 | +$2,044,779 |
| ISHARES INC CUSIP 464286640 | United States | MSCI CHILE ETF | 142,560 | 195,728 | +53,168 | $5,759,424 | $7,782,145 | +$2,022,721 |
| FEP FIRST TR EXCH TRD ALPHDX FD | United States | EUROPE ALPHADEX | 3,870 | 40,487 | +36,617 | $208,030 | $2,210,995 | +$2,002,965 |
| JANUS DETROIT STR TR CUSIP 47103U209 | — | HENDERSN SML ETF | 6,081 | 30,997 | +24,916 | $495,966 | $2,459,612 | +$1,963,646 |
| CAPITAL GRP FIXED INCM ETF T CUSIP 14020Y102 | — | CORE PLUS INCM | 337,646 | 430,029 | +92,383 | $7,644,305 | $9,606,848 | +$1,962,543 |
| PIMCO ETF TR CUSIP 72201R643 | — | ENHANCD SHORT | 5,838 | 25,419 | +19,581 | $575,481 | $2,514,575 | +$1,939,094 |
| MTBA SIMPLIFY EXCHANGE TRADED FUN | United States | MBS ETF | 43,660 | 83,593 | +39,933 | $2,200,901 | $4,134,510 | +$1,933,609 |
| IGM ISHARES TR | United States | EXPND TEC SC ETF | 14,237 | 31,821 | +17,584 | $1,838,851 | $3,771,107 | +$1,932,256 |
| TIDAL TRUST I CUSIP 886364173 | — | SOFI SELECT 500 | 21,526 | 37,892 | +16,366 | $2,844,876 | $4,729,679 | +$1,884,803 |
| LIT GLOBAL X FDS | United States | LITHIUM BTRY ETF | 58,611 | 75,805 | +17,194 | $3,801,509 | $5,636,102 | +$1,834,593 |
| ISHARES TR CUSIP 464288323 | — | NEW YORK MUN ETF | 5,218 | 38,673 | +33,455 | $279,215 | $2,054,310 | +$1,775,095 |
| FLGV FRANKLIN TEMPLETON ETF TR | United States | US TREASURY BOND | 35,976 | 121,312 | +85,336 | $738,228 | $2,478,404 | +$1,740,176 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33734X135 | — | FINLS ALPHADEX | 29,045 | 62,114 | +33,069 | $1,752,866 | $3,490,186 | +$1,737,320 |
| INVESCO EXCH TRD SLF IDX FD CUSIP 46139W783 | — | BULLETSHARES 203 | 33,448 | 116,822 | +83,374 | $703,077 | $2,417,993 | +$1,714,916 |
| FIRST TR EXCHANGE TRADED FD CUSIP 33738R860 | — | NASDAQ BK ETF | 25,154 | 72,593 | +47,439 | $950,539 | $2,625,689 | +$1,675,150 |
| FXN FIRST TR EXCHANGE-TRADED FD | United States | ENERGY ALPHADX | 53,480 | 110,027 | +56,547 | $880,816 | $2,471,206 | +$1,590,390 |
| ISHARES TR CUSIP 46435G243 | — | ESG AWRE 1 5 YR | 12,192 | 75,168 | +62,976 | $307,726 | $1,884,086 | +$1,576,360 |
| VANECK ETF TRUST CUSIP 92189F452 | — | MORTGAGE REIT | 39,405 | 192,083 | +152,678 | $414,147 | $1,970,772 | +$1,556,625 |
| ISHARES TR CUSIP 46436E593 | — | IBOND DEC 2030 | 57,188 | 134,892 | +77,704 | $1,134,896 | $2,660,070 | +$1,525,174 |
| TCW ETF TRUST CUSIP 87191E105 | — | CORE PLUS BOND | 36,207 | 76,126 | +39,919 | $1,383,832 | $2,884,224 | +$1,500,392 |
| T ROWE PRICE ETF INC CUSIP 87283Q834 | — | INTERNATIONAL EQ | 13,604 | 56,970 | +43,366 | $469,338 | $1,967,744 | +$1,498,406 |
| ISHARES TR CUSIP 46429B523 | — | MSCI DENMARK ETF | 2,212 | 16,420 | +14,208 | $253,208 | $1,718,928 | +$1,465,720 |
| ZAP GLOBAL X FDS | United States | U S ELECTRIFICAT | 15,115 | 57,951 | +42,836 | $439,242 | $1,863,704 | +$1,424,462 |
| SCHO SCHWAB STRATEGIC TR | United States | SHT TM US TRES | 23,641 | 82,350 | +58,709 | $576,131 | $1,998,635 | +$1,422,504 |
| CALF PACER FDS TR | United States | US SMALL CAP CAS | 59,739 | 90,556 | +30,817 | $2,650,619 | $4,063,248 | +$1,412,629 |
| SPDR SERIES TRUST CUSIP 78464A656 | United States | STATE STREET SPD | 31,891 | 85,979 | +54,088 | $827,571 | $2,236,314 | +$1,408,743 |
| NEOS ETF TRUST CUSIP 78433H501 | — | NEOS ENH INC 1-3 | 7,065 | 35,235 | +28,170 | $351,342 | $1,753,998 | +$1,402,656 |
| IAUM ISHARES GOLD TR | United States | SHARES REPRESENT | 106,427 | 127,275 | +20,848 | $4,575,297 | $5,943,743 | +$1,368,446 |
| SPLB SPDR SERIES TRUST | United States | STATE STREET SPD | 105,417 | 167,151 | +61,734 | $2,380,316 | $3,714,095 | +$1,333,779 |
| TIDAL TRUST III CUSIP 45259A886 | — | ROCKEFELLER GLOB | 16,625 | 61,158 | +44,533 | $509,689 | $1,837,951 | +$1,328,262 |
| ISHARES U S ETF TR CUSIP 46431W606 | — | IT RT HDG HGYL | 7,014 | 22,079 | +15,065 | $604,607 | $1,890,183 | +$1,285,576 |
| ISHARES TR CUSIP 46435G524 | — | INTL DIV GRWTH | 10,115 | 25,257 | +15,142 | $837,219 | $2,115,779 | +$1,278,560 |
| PACER FDS TR CUSIP 69374H816 | — | LUNT LRGCP MULTI | 12,425 | 36,967 | +24,542 | $649,082 | $1,915,260 | +$1,266,178 |
| ISHARES S&P GSCI COMMODITY- CUSIP 46428R107 | — | UNIT BEN INT | 47,731 | 73,171 | +25,440 | $1,100,677 | $2,359,765 | +$1,259,088 |
| JANUS DETROIT STR TR CUSIP 47103U746 | — | HENDERSON SECURI | 13,491 | 38,022 | +24,531 | $702,341 | $1,960,034 | +$1,257,693 |
| INVESCO EXCHANGE TRADED FD T CUSIP 46137V134 | — | WILDERHIL CLAN | 14,391 | 53,638 | +39,247 | $439,501 | $1,693,888 | +$1,254,387 |
| NUSHARES ETF TR CUSIP 67092P755 | United States | NUVEEN ULTRA SHT | 11,491 | 60,541 | +49,050 | $289,860 | $1,530,174 | +$1,240,314 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33733E823 | — | GROWTH STRENGTH | 24,566 | 60,897 | +36,331 | $868,428 | $2,073,275 | +$1,204,847 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F516 | — | FT VEST US EQT | 5,603 | 33,651 | +28,048 | $239,752 | $1,410,313 | +$1,170,561 |
| VANGUARD MALVERN FDS CUSIP 922020722 | — | MULTI SECTOR | 8,196 | 31,185 | +22,989 | $422,750 | $1,590,563 | +$1,167,813 |
| INNOVATOR ETFS TRUST CUSIP 45782C102 | — | IBD 50 ETF | 6,208 | 40,706 | +34,498 | $216,100 | $1,359,987 | +$1,143,887 |
| ISHARES TR CUSIP 464288356 | — | CALIF MUN BD ETF | 20,534 | 40,761 | +20,227 | $1,179,884 | $2,317,670 | +$1,137,786 |
| ETF SER SOLUTIONS CUSIP 26922A503 | — | VIDENT US EQUITY | 3,379 | 21,511 | +18,132 | $223,149 | $1,351,106 | +$1,127,957 |
| INVESCO EXCH TRD SLF IDX FD CUSIP 46139W825 | — | INVESCO BULLETSH | 20,994 | 74,391 | +53,397 | $450,531 | $1,573,370 | +$1,122,839 |
| T ROWE PRICE ETF INC CUSIP 87283Q750 | — | HEALTHCARE ETF | 27,601 | 66,660 | +39,059 | $820,390 | $1,928,360 | +$1,107,970 |
| ISHARES TR CUSIP 46436E411 | — | PARIS ALIGNED CL | 3,419 | 20,368 | +16,949 | $249,046 | $1,349,474 | +$1,100,428 |
| ISHARES INC CUSIP 464286426 | United States | MSCI EM ASIA ETF | 80,736 | 90,709 | +9,973 | $7,590,799 | $8,684,026 | +$1,093,227 |
| DBX ETF TR CUSIP 233051481 | — | XTRACKERS RUSSEL | 15,032 | 32,697 | +17,665 | $876,516 | $1,958,223 | +$1,081,707 |
| PRINCIPAL EXCHANGE TRADED FD CUSIP 74255Y607 | United States | PRIN U S SMALL | 25,012 | 43,862 | +18,850 | $1,443,943 | $2,514,363 | +$1,070,420 |
| ALLSPRING EXCHANGE TRADED FU CUSIP 01989A308 | United States | BROAD MARKET COR | 39,303 | 81,877 | +42,574 | $986,309 | $2,039,556 | +$1,053,247 |
| MNA NEW YORK LIFE INVESTMENTS ET | United States | NYLI MERGER ARBI | 25,549 | 53,824 | +28,275 | $914,399 | $1,956,502 | +$1,042,103 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33718M105 | — | COM SHS ANNUAL | 9,258 | 21,318 | +12,060 | $737,085 | $1,749,899 | +$1,012,814 |
| DIMENSIONAL ETF TRUST CUSIP 25434V567 | — | GLOBAL CR ETF | 9,914 | 28,264 | +18,350 | $537,713 | $1,530,063 | +$992,350 |
| THEMES ETF TR CUSIP 88340C701 | — | LEVERAGE SHS 2X | 177,451 | 526,214 | +348,763 | $461,373 | $1,431,302 | +$969,929 |
| INVESCO EXCH TRD SLF IDX FD CUSIP 46138J429 | — | BULETSHS 2031 CP | 16,450 | 75,158 | +58,708 | $274,633 | $1,237,101 | +$962,468 |
| FIRST TR EXCH TRADED FD III CUSIP 33739N108 | — | MANAGD MUN ETF | 41,965 | 61,320 | +19,355 | $2,145,880 | $3,106,471 | +$960,591 |
| SPROTT FDS TR CUSIP 85208P808 | — | JUNIOR URANIUM | 27,028 | 55,816 | +28,788 | $681,106 | $1,634,851 | +$953,745 |
| ISHARES U S ETF TR CUSIP 46431W705 | — | INT RT HDG C B | 10,880 | 21,235 | +10,355 | $1,015,648 | $1,960,840 | +$945,192 |
| VANGUARD MUN BD FDS CUSIP 922907688 | — | LONG TERM TAX EX | 3,516 | 12,676 | +9,160 | $364,363 | $1,299,417 | +$935,054 |
| ISHARES TR CUSIP 464288125 | — | 3YRTB ETF | 3,195 | 15,823 | +12,628 | $240,392 | $1,173,817 | +$933,425 |
| FIDELITY COVINGTON TRUST CUSIP 316092832 | — | DIVID ETF RISI | 15,865 | 32,184 | +16,319 | $968,082 | $1,892,529 | +$924,447 |
| AGZD WISDOMTREE TR | United States | INTRST RATE HDGE | 11,004 | 51,619 | +40,615 | $247,425 | $1,163,874 | +$916,449 |
| HARTFORD FDS EXCHANGE TRADED CUSIP 41653L503 | — | MUN OPORTUNITE | 5,426 | 29,012 | +23,586 | $212,211 | $1,123,925 | +$911,714 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33736Q104 | — | UT COM SHS ETF | 7,455 | 22,766 | +15,311 | $422,422 | $1,325,987 | +$903,565 |
| GRANITESHARES ETF TR CUSIP 38747R736 | — | GANITESHARES 2X | 16,562 | 87,459 | +70,897 | $450,289 | $1,332,875 | +$882,586 |
| PGIM ETF TR CUSIP 69344A842 | — | PGIM SHORT DURAT | 7,496 | 24,484 | +16,988 | $385,819 | $1,247,949 | +$862,130 |
| AMPLIFY ETF TR CUSIP 032108557 | — | AMPLIFY ETHO CLI | 32,883 | 45,444 | +12,561 | $2,147,260 | $3,002,830 | +$855,570 |
| VALKYRIE ETF TRUST II CUSIP 91917A207 | — | COINSHARES BITCN | 20,160 | 46,380 | +26,220 | $771,523 | $1,614,952 | +$843,429 |
| THRIVENT ETF TRUST CUSIP 88588G307 | — | ULTRA SHRT BD | 61,282 | 78,041 | +16,759 | $3,085,549 | $3,924,175 | +$838,626 |
| FIRST TR EXCH TRD ALPHDX FD CUSIP 33737J158 | — | JAPAN ALPHADEX | 8,024 | 18,491 | +10,467 | $539,012 | $1,342,447 | +$803,435 |
| BONDBLOXX ETF TRUST CUSIP 09789C671 | — | BONDBLOXX PRIVAT | 7,372 | 23,730 | +16,358 | $369,485 | $1,166,804 | +$797,319 |
| ADVISORS SER TR CUSIP 00770X220 | — | SCHARF ETF | 62,344 | 78,593 | +16,249 | $3,428,976 | $4,212,192 | +$783,216 |
| FTXR FIRST TR EXCHANGE TRADED FD | United States | NASDAQ TRANSN | 22,734 | 43,501 | +20,767 | $881,079 | $1,657,823 | +$776,744 |
| EMGF ISHARES INC | United States | EMNG MKTS EQT | 16,316 | 28,360 | +12,044 | $943,881 | $1,713,795 | +$769,914 |
| CIBR FIRST TR EXCHANGE-TRADED FD | United States | NASDAQ CYB ETF | 5,066 | 18,033 | +12,967 | $361,966 | $1,130,308 | +$768,342 |
| INVESCO EXCH TRD SLF IDX FD CUSIP 46138J452 | — | INVSCO 28 HYCORP | 32,609 | 68,214 | +35,605 | $717,398 | $1,479,221 | +$761,823 |
| KCE SPDR SERIES TRUST | United States | STATE STREET SPD | 2,383 | 8,101 | +5,718 | $357,281 | $1,114,698 | +$757,417 |
| INVESCO EXCHANGE TRADED FD T CUSIP 46137V647 | United States | SEMICONDUCTORS | 4,026 | 11,341 | +7,315 | $317,490 | $1,070,364 | +$752,874 |
| PROSHARES TR CUSIP 74347G374 | — | PSHS ULDOW30 NEW | 136,994 | 161,739 | +24,745 | $2,808,377 | $3,558,258 | +$749,881 |
| NORTHERN LTS FD TR IV CUSIP 66538H534 | — | INSPIRE 100 ETF | 6,502 | 21,846 | +15,344 | $293,435 | $1,030,039 | +$736,604 |
| SEI EXCHANGE TRADED FUNDS CUSIP 81589A700 | United States | SELECT INTL EQUI | 17,176 | 39,605 | +22,429 | $558,768 | $1,290,969 | +$732,201 |
| PACER FDS TR CUSIP 69374H287 | — | METAURUS NASDAQ | 7,573 | 28,908 | +21,335 | $283,928 | $1,012,691 | +$728,763 |
| PROSHARES TR II CUSIP 74347W882 | — | ULTRASHRT EURO | 9,096 | 33,326 | +24,230 | $257,690 | $986,450 | +$728,760 |
| ISHARES INC CUSIP 464286517 | United States | JP MORGAN EM ETF | 19,079 | 37,103 | +18,024 | $793,114 | $1,513,802 | +$720,688 |