CITADEL ADVISORS LLC quarter change: USA ETF, Sold out
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).
- XSW: Country of operation United States; Class STATE STREET SPD; Shares 2025-12-31 3,678; Shares 2026-03-31 0.
- PROSHARES TR II: Country of operation —; Class ULTRA GOLD; Shares 2025-12-31 12,376; Shares 2026-03-31 0.
- FIRST TR EXCHNG TRADED FD VI: Country of operation —; Class VEST BUFFERED; Shares 2025-12-31 24,724; Shares 2026-03-31 0.
- IGOV: Country of operation United States; Class INTL TREA BD ETF; Shares 2025-12-31 16,167; Shares 2026-03-31 0.
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 |
|---|---|---|---|---|---|---|---|---|
| XSW SPDR SERIES TRUST | United States | STATE STREET SPD | 3,678 | 0 | -3,678 | $688,301 | $0 | -$688,301 |
| PROSHARES TR II CUSIP 74347W601 | — | ULTRA GOLD | 12,376 | 0 | -12,376 | $687,116 | $0 | -$687,116 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740U778 | — | VEST BUFFERED | 24,724 | 0 | -24,724 | $680,404 | $0 | -$680,404 |
| IGOV ISHARES TR | United States | INTL TREA BD ETF | 16,167 | 0 | -16,167 | $673,517 | $0 | -$673,517 |
| DGRS WISDOMTREE TR | United States | US S CAP QTY DIV | 13,528 | 0 | -13,528 | $671,239 | $0 | -$671,239 |
| ROUNDHILL ETF TRUST CUSIP 77926X486 | — | GOLD MINERS WEEK | 11,451 | 0 | -11,451 | $664,731 | $0 | -$664,731 |
| TIDAL TRUST II CUSIP 88636R883 | — | YIELDMAX RBLX OP | 22,764 | 0 | -22,764 | $664,445 | $0 | -$664,445 |
| PACER FDS TR CUSIP 69374H766 | — | INDUSTRIAL RELET | 17,732 | 0 | -17,732 | $650,410 | $0 | -$650,410 |
| ETF SER SOLUTIONS CUSIP 26922A446 | — | OPUS SML CP VL | 17,213 | 0 | -17,213 | $637,397 | $0 | -$637,397 |
| SPDR SERIES TRUST CUSIP 78464A581 | — | STATE STREET SPD | 7,206 | 0 | -7,206 | $635,785 | $0 | -$635,785 |
| VOLATILITY SHS TR CUSIP 92864M830 | — | 2X SOLANA ETF | 98,691 | 0 | -98,691 | $629,649 | $0 | -$629,649 |
| DIREXION SHS ETF TR CUSIP 25460E364 | United States | DAILY DJ BULL | 22,670 | 0 | -22,670 | $620,251 | $0 | -$620,251 |
| PROSHARES TR CUSIP 74349Y431 | — | ULTRA CRCL | 151,476 | 0 | -151,476 | $611,963 | $0 | -$611,963 |
| GRANITESHARES ETF TR CUSIP 38747R306 | — | HIPS US HIGH INC | 52,204 | 0 | -52,204 | $609,743 | $0 | -$609,743 |
| MFS ACTIVE EXCHANGE TRADED F CUSIP 55286W306 | — | INTERMEDITE MUNI | 24,103 | 0 | -24,103 | $603,539 | $0 | -$603,539 |
| ETF SER SOLUTIONS CUSIP 26922A594 | — | AAM S&P 500 | 17,260 | 0 | -17,260 | $598,059 | $0 | -$598,059 |
| VANECK ETF TRUST CUSIP 92189F304 | — | ENVIRONMENTAL SR | 15,620 | 0 | -15,620 | $597,164 | $0 | -$597,164 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F318 | — | FT VEST US EQT E | 16,181 | 0 | -16,181 | $596,026 | $0 | -$596,026 |
| ALPS ETF TR CUSIP 00162Q528 | — | RIVERFRNT DYMC | 9,313 | 0 | -9,313 | $593,755 | $0 | -$593,755 |
| BONDBLOXX ETF TRUST CUSIP 09789C846 | — | BLOOMBERG THREE | 11,839 | 0 | -11,839 | $589,130 | $0 | -$589,130 |
| THEMES ETF TR CUSIP 882927296 | — | CHINA GENERATIVE | 17,944 | 0 | -17,944 | $585,001 | $0 | -$585,001 |
| SBIL SIMPLIFY EXCHANGE TRADED FUN | United States | GOVERNMENT MONEY | 5,791 | 0 | -5,791 | $579,621 | $0 | -$579,621 |
| WISDOMTREE TR CUSIP 97717Y329 | — | GLOBAL DEFENSE | 18,896 | 0 | -18,896 | $577,911 | $0 | -$577,911 |
| ISHARES TR CUSIP 46438G620 | — | IBONDS DEC 2054 | 24,438 | 0 | -24,438 | $576,615 | $0 | -$576,615 |
| ISHARES TR CUSIP 46438G653 | — | IBONDS DEC 2034 | 21,795 | 0 | -21,795 | $574,734 | $0 | -$574,734 |
| AB ACTIVE ETFS INC CUSIP 00039J731 | — | US EQUITY ETF | 22,692 | 0 | -22,692 | $568,267 | $0 | -$568,267 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740U463 | — | FT VEST US EQUIT | 16,938 | 0 | -16,938 | $565,158 | $0 | -$565,158 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F581 | — | FT VEST NAS | 17,099 | 0 | -17,099 | $564,293 | $0 | -$564,293 |
| BLACKROCK ETF TRUST CUSIP 09290C830 | — | ISHARES U S INDU | 17,495 | 0 | -17,495 | $562,814 | $0 | -$562,814 |
| GRANITESHARES ETF TR CUSIP 38747R884 | — | 2X LONG AAPL DAI | 17,552 | 0 | -17,552 | $562,801 | $0 | -$562,801 |
| CAMBRIA ETF TR CUSIP 132061763 | — | FIXED INCOME TRE | 22,158 | 0 | -22,158 | $557,052 | $0 | -$557,052 |
| ETF OPPORTUNITIES TRUST CUSIP 26923Q721 | — | T REX 2X LONG GM | 63,702 | 0 | -63,702 | $554,844 | $0 | -$554,844 |
| DIREXION SHS ETF TR CUSIP 25461A668 | — | DLY MAG 7 BEAR 1 | 42,762 | 0 | -42,762 | $554,837 | $0 | -$554,837 |
| DIREXION SHS ETF TR CUSIP 25461A403 | — | DAILY MSFT BR 1X | 48,123 | 0 | -48,123 | $554,112 | $0 | -$554,112 |
| SCIO FIRST TR EXCHANGE-TRADED FD | United States | STRUCTURED CR IN | 26,466 | 0 | -26,466 | $550,493 | $0 | -$550,493 |
| ISCF ISHARES TR | United States | INTERNATIONAL SL | 13,121 | 0 | -13,121 | $544,259 | $0 | -$544,259 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F763 | — | FT VEST US EQT | 9,601 | 0 | -9,601 | $543,609 | $0 | -$543,609 |
| DBX ETF TR CUSIP 233051283 | — | XTRACKERS SHRT | 11,984 | 0 | -11,984 | $538,920 | $0 | -$538,920 |
| PROSHARES TR II CUSIP 74347W130 | — | SHT VIX ST TRM | 9,728 | 0 | -9,728 | $538,737 | $0 | -$538,737 |
| DIREXION SHS ETF TR CUSIP 25461A866 | — | DAILY MSFT 2X SH | 12,843 | 0 | -12,843 | $532,342 | $0 | -$532,342 |
| COLUMBIA ETF TR I CUSIP 19761L862 | — | INTERNATIONAL EQ | 14,220 | 0 | -14,220 | $529,979 | $0 | -$529,979 |
| VANGUARD ADMIRAL FDS INC CUSIP 921932794 | — | SMLCP 600 GRTH | 4,350 | 0 | -4,350 | $527,591 | $0 | -$527,591 |
| INVESCO EXCHANGE TRADED FD T CUSIP 46137V274 | — | S&P500 EQL UTL | 7,049 | 0 | -7,049 | $527,124 | $0 | -$527,124 |
| THE ALGER ETF TRUST CUSIP 015564503 | — | AI ENABLERS ADOP | 14,512 | 0 | -14,512 | $524,028 | $0 | -$524,028 |
| AIM ETF PRODUCTS TRUST CUSIP 00888H794 | — | ALLIANZIM US EQT | 15,326 | 0 | -15,326 | $520,164 | $0 | -$520,164 |
| ETF SER SOLUTIONS CUSIP 26922A289 | — | DEFIANCE CONNECT | 8,147 | 0 | -8,147 | $520,071 | $0 | -$520,071 |
| PRINCIPAL EXCHANGE TRADED FD CUSIP 74255Y714 | — | FOCUSED BLUE CHI | 13,858 | 0 | -13,858 | $519,398 | $0 | -$519,398 |
| PROSHARES TR CUSIP 74347R693 | — | PSHS ULTRA TECH | 5,411 | 0 | -5,411 | $510,257 | $0 | -$510,257 |
| TEMA ETF TRUST CUSIP 87975E826 | — | S&P 500 HISTORIC | 8,747 | 0 | -8,747 | $509,935 | $0 | -$509,935 |
| MDY SPDR S&P MIDCAP 400 ETF TR | United States | UTSER1 S&PDCRP | 834 | 0 | -834 | $503,136 | $0 | -$503,136 |
| PGIM ETF TR CUSIP 69344A818 | — | JENNISON INT OPP | 8,133 | 0 | -8,133 | $498,430 | $0 | -$498,430 |
| EWM ISHARES INC | United States | MSCI MLY ETF NEW | 18,128 | 0 | -18,128 | $495,982 | $0 | -$495,982 |
| CRCO TIDAL TRUST II | United States | YIELDMAX CRCL OP | 20,429 | 0 | -20,429 | $494,915 | $0 | -$494,915 |
| STRATEGIC TRUST CUSIP 48817R870 | — | RUNNING GWTH ETF | 14,812 | 0 | -14,812 | $493,832 | $0 | -$493,832 |
| ETF SER SOLUTIONS CUSIP 26922B667 | United States | DISTILLATE SMLMD | 13,785 | 0 | -13,785 | $488,954 | $0 | -$488,954 |
| PROSHARES TR CUSIP 74350P584 | — | ULTRASHORT SEMIC | 15,959 | 0 | -15,959 | $488,824 | $0 | -$488,824 |
| JANUS DETROIT STR TR CUSIP 47103U753 | United States | B-BBB CLO ETF | 10,229 | 0 | -10,229 | $487,923 | $0 | -$487,923 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F649 | — | FT VEST NAS | 14,960 | 0 | -14,960 | $486,649 | $0 | -$486,649 |
| JDVL US JOHN HANCOCK EXCHANGE TRADED | United States | DISCIPLINED VALU | 18,031 | 0 | -18,031 | $486,130 | $0 | -$486,130 |
| CAPITAL GROUP EQUITY ETF TR CUSIP 14022A201 | — | US LARGE GROWT | 16,982 | 0 | -16,982 | $485,176 | $0 | -$485,176 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740U703 | — | FT VEST LADDERED | 17,112 | 0 | -17,112 | $483,243 | $0 | -$483,243 |
| MORGAN STANLEY ETF TRUST CUSIP 61774R205 | — | CALVERT US LARCP | 5,670 | 0 | -5,670 | $477,640 | $0 | -$477,640 |
| SSGA ACTIVE TR CUSIP 78470P630 | — | SPDR BRIDGEWATER | 17,356 | 0 | -17,356 | $477,116 | $0 | -$477,116 |
| THE ALGER ETF TRUST CUSIP 015564602 | — | RUSSELL INNOVATI | 21,970 | 0 | -21,970 | $475,519 | $0 | -$475,519 |
| ISHARES INC CUSIP 46434G509 | — | CUR HD MSCI EM | 13,666 | 0 | -13,666 | $475,030 | $0 | -$475,030 |
| THEMES ETF TR CUSIP 882927460 | — | LEVERAGE SHS 2X | 8,665 | 0 | -8,665 | $470,856 | $0 | -$470,856 |
| FEDERATED HERMES ETF TRUST CUSIP 31423L404 | — | HERMES TOTAL RET | 18,520 | 0 | -18,520 | $470,223 | $0 | -$470,223 |
| BLACKROCK ETF TRUST CUSIP 09290C665 | — | ISHARES SYSTEMAT | 18,433 | 0 | -18,433 | $466,447 | $0 | -$466,447 |
| LEGG MASON ETF INVT CUSIP 52468L406 | — | FRANKLIN US LOW | 11,687 | 0 | -11,687 | $466,096 | $0 | -$466,096 |
| PACER FDS TR CUSIP 69374H634 | — | AMERCN ENRGY IND | 12,189 | 0 | -12,189 | $465,010 | $0 | -$465,010 |
| PHO INVESCO EXCHANGE TRADED FD T | United States | WATER RES ETF | 6,567 | 0 | -6,567 | $462,379 | $0 | -$462,379 |
| DIREXION SHS ETF TR CUSIP 25461A106 | — | DAILY META BEAR | 28,915 | 0 | -28,915 | $458,303 | $0 | -$458,303 |
| PROSHARES TR CUSIP 74347G705 | — | ULTRA ENERGY | 12,647 | 0 | -12,647 | $456,430 | $0 | -$456,430 |
| GRAYSCALE FUNDS TRUST CUSIP 38963H305 | — | BITCOIN COVERED | 20,960 | 0 | -20,960 | $450,640 | $0 | -$450,640 |
| J P MORGAN EXCHANGE TRADED F CUSIP 46641Q373 | United States | BETABUILDERS I | 6,228 | 0 | -6,228 | $450,409 | $0 | -$450,409 |
| AVMV AMERICAN CENTY ETF TR | United States | AVANTIS US MID C | 6,323 | 0 | -6,323 | $450,198 | $0 | -$450,198 |
| FIRST TR EXCHANGE TRADED FD CUSIP 33738R571 | — | BALANCED INCOME | 21,150 | 0 | -21,150 | $450,093 | $0 | -$450,093 |
| INVESCO EXCH TRADED FD TR II CUSIP 46138E149 | — | S&P SMLCP HELT | 10,110 | 0 | -10,110 | $445,399 | $0 | -$445,399 |
| INVESCO ACTIVELY MANAGED EXC CUSIP 46090A713 | United States | MSCI EAFE INCOME | 8,236 | 0 | -8,236 | $445,156 | $0 | -$445,156 |
| ROUNDHILL ETF TRUST CUSIP 77926X841 | — | ETHER CVD CLL ST | 25,258 | 0 | -25,258 | $442,268 | $0 | -$442,268 |
| DBX ETF TR CUSIP 233051192 | — | XTKR EMGRIN MKTS | 11,874 | 0 | -11,874 | $439,143 | $0 | -$439,143 |
| HARBOR ETF TRUST CUSIP 41151J752 | — | ACTIVE SMALL CAP | 21,993 | 0 | -21,993 | $438,109 | $0 | -$438,109 |
| BARON ETF TR CUSIP 06829D206 | — | GLOBAL DURABLE | 17,075 | 0 | -17,075 | $434,047 | $0 | -$434,047 |
| SPDR SERIES TRUST CUSIP 78464A532 | — | STATE STREET SPD | 4,697 | 0 | -4,697 | $429,161 | $0 | -$429,161 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F490 | United States | MULTI STRATEGY | 18,795 | 0 | -18,795 | $428,338 | $0 | -$428,338 |
| TIDAL TRUST II CUSIP 88636V454 | — | YIELDMAX HIMS OP | 17,178 | 0 | -17,178 | $422,888 | $0 | -$422,888 |
| TIDAL TRUST II CUSIP 88636R834 | — | STKD 100 BITCOIN | 12,291 | 0 | -12,291 | $421,950 | $0 | -$421,950 |
| FIRST TR EXCHNG TRADED FD VI CUSIP 33740F730 | — | FT VEST US EQT | 9,307 | 0 | -9,307 | $421,041 | $0 | -$421,041 |
| COHEN & STEERS ETF TRUST CUSIP 19249U302 | — | NATURAL RES ACTI | 13,453 | 0 | -13,453 | $415,332 | $0 | -$415,332 |
| ISHARES TR CUSIP 46438G489 | — | LIFEPATH TARGET | 14,180 | 0 | -14,180 | $414,764 | $0 | -$414,764 |
| GLOBAL X FDS CUSIP 37954Y624 | — | AUTONMOUS EV ETF | 13,948 | 0 | -13,948 | $412,626 | $0 | -$412,626 |
| DIMENSIONAL ETF TRUST CUSIP 25434V757 | United States | EMERGING MKTS HI | 12,576 | 0 | -12,576 | $405,576 | $0 | -$405,576 |
| AMERICAN CENTY ETF TR CUSIP 025072158 | United States | AVANTIS US LARG | 5,154 | 0 | -5,154 | $405,207 | $0 | -$405,207 |
| CNRG SPDR SERIES TRUST | United States | STATE STREET SPD | 4,518 | 0 | -4,518 | $404,253 | $0 | -$404,253 |
| PUTNAM ETF TRUST CUSIP 746729201 | — | SUSTAINABLE FUTU | 15,936 | 0 | -15,936 | $403,340 | $0 | -$403,340 |
| NUSHARES ETF TR CUSIP 67092P110 | — | NUVEEN ESG 1-5 | 17,210 | 0 | -17,210 | $402,456 | $0 | -$402,456 |
| INVESCO EXCH TRADED FD TR II CUSIP 46138E404 | — | CEF INM COMPSI | 20,236 | 0 | -20,236 | $402,292 | $0 | -$402,292 |
| AIM ETF PRODUCTS TRUST CUSIP 00888H844 | — | ALLIANZIM US EQT | 11,846 | 0 | -11,846 | $400,806 | $0 | -$400,806 |
| AMPLIFY ETF TR CUSIP 032108680 | — | COWS COVERED CAL | 16,505 | 0 | -16,505 | $399,334 | $0 | -$399,334 |
| DIREXION SHS ETF TR CUSIP 25460G856 | — | DAILY S&P BULL | 6,029 | 0 | -6,029 | $395,924 | $0 | -$395,924 |