CITADEL ADVISORS LLC quarter change: USA Options, Added
In put and call options, at their filed underlying value (listed in the US), from the quarter ended 2025-12-31 to 2026-03-31, CITADEL ADVISORS LLC opened 961 positions, added to 2,603, reduced 2,824, sold out of 754 and left 19 unchanged. The largest increase in value was SPY (+$4,441,962,988); the largest decrease was TSLA (-$6,131,236,722).
- CBRE: Country of operation United States; Class CL A · Call; Shares 2025-12-31 40,100; Shares 2026-03-31 59,600.
- PAG: Country of operation United States; Class COM · Call; Shares 2025-12-31 7,400; Shares 2026-03-31 18,700.
- LEA: Country of operation United States; Class COM NEW · Call; Shares 2025-12-31 14,500; Shares 2026-03-31 27,100.
- ETR: Country of operation United States; Class COM · Put; Shares 2025-12-31 9,600; Shares 2026-03-31 22,300.
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 |
|---|---|---|---|---|---|---|---|---|
| CBRE CBRE GROUP INC | United States | CL A · Call | 40,100 | 59,600 | +19,500 | $6,447,679 | $8,073,416 | +$1,625,737 |
| PAG PENSKE AUTOMOTIVE GRP INC | United States | COM · Call | 7,400 | 18,700 | +11,300 | $1,171,346 | $2,796,024 | +$1,624,678 |
| LEA LEAR CORP | United States | COM NEW · Call | 14,500 | 27,100 | +12,600 | $1,661,700 | $3,281,268 | +$1,619,568 |
| ETR ENTERGY CORP NEW | United States | COM · Put | 9,600 | 22,300 | +12,700 | $887,328 | $2,505,628 | +$1,618,300 |
| CRVS CORVUS PHARMACEUTICALS INC | United States | COM · Put | 175,000 | 202,400 | +27,400 | $1,347,500 | $2,961,112 | +$1,613,612 |
| SMR NUSCALE PWR CORP | United States | CL A COM · Call | 3,063,400 | 3,855,700 | +792,300 | $43,408,378 | $41,795,788 | -$1,612,590 |
| TWST TWIST BIOSCIENCE CORP | United States | COM · Put | 32,200 | 55,400 | +23,200 | $1,021,384 | $2,632,608 | +$1,611,224 |
| R RYDER SYS INC | United States | COM · Call | 14,800 | 21,700 | +6,900 | $2,832,572 | $4,442,207 | +$1,609,635 |
| GDDY GODADDY INC | United States | CL A · Call | 120,300 | 161,100 | +40,800 | $14,926,824 | $13,318,137 | -$1,608,687 |
| CAKE CHEESECAKE FACTORY INC | United States | COM · Call | 54,600 | 79,700 | +25,100 | $2,756,208 | $4,363,575 | +$1,607,367 |
| BKSY BLACKSKY TECHNOLOGY INC | United States | CL A NEW · Call | 151,500 | 176,600 | +25,100 | $2,840,625 | $4,443,256 | +$1,602,631 |
| BKE BUCKLE INC | United States | COM · Call | 32,700 | 66,500 | +33,800 | $1,746,834 | $3,348,940 | +$1,602,106 |
| NEOG NEOGEN CORP | United States | COM · Put | 571,700 | 602,500 | +30,800 | $3,996,183 | $5,597,225 | +$1,601,042 |
| IEX IDEX CORP | United States | COM · Put | 3,700 | 11,900 | +8,200 | $658,378 | $2,255,645 | +$1,597,267 |
| MED MEDIFAST INC | United States | COM · Call | 530,800 | 712,800 | +182,000 | $5,668,944 | $7,263,432 | +$1,594,488 |
| LMND LEMONADE INC | United States | COM · Put | 877,300 | 1,021,700 | +144,400 | $62,446,214 | $64,040,156 | +$1,593,942 |
| VTEB VANGUARD MUN BD FDS | United States | TAX EXEMPT BD · Put | 87,800 | 120,400 | +32,600 | $4,415,462 | $6,006,756 | +$1,591,294 |
| CMC COMMERCIAL METALS CO | United States | COM · Call | 36,100 | 66,500 | +30,400 | $2,498,842 | $4,085,095 | +$1,586,253 |
| ADECOAGRO S A CUSIP L00849106 | United States | COM · Call | 22,600 | 117,100 | +94,500 | $179,218 | $1,758,842 | +$1,579,624 |
| PNC PNC FINL SVCS GROUP INC | United States | COM · Put | 51,700 | 59,400 | +7,700 | $10,791,341 | $12,360,546 | +$1,569,205 |
| BPOP POPULAR INC | United States | COM NEW · Call | 5,300 | 16,600 | +11,300 | $659,956 | $2,227,222 | +$1,567,266 |
| CFG CITIZENS FINL GROUP INC | United States | COM · Call | 185,700 | 206,900 | +21,200 | $10,846,737 | $12,407,793 | +$1,561,056 |
| SPINNAKER ETF SERIES CUSIP 84858T772 | United States | SELECT STOXX EUR · Put | 25,900 | 65,100 | +39,200 | $1,091,167 | $2,652,174 | +$1,561,007 |
| CPRI CAPRI HOLDINGS LIMITED | Hong Kong | SHS · Put | 196,600 | 360,800 | +164,200 | $4,797,040 | $6,357,296 | +$1,560,256 |
| NEOS ETF TRUST CUSIP 78433H303 | — | NEOS S&P 500 HI · Call | 39,200 | 73,300 | +34,100 | $2,059,176 | $3,618,821 | +$1,559,645 |
| VHT VANGUARD WORLD FD | United States | HEALTH CAR ETF · Call | 5,100 | 11,100 | +6,000 | $1,468,035 | $3,022,863 | +$1,554,828 |
| AES AES CORP | United States | COM · Call | 172,100 | 285,300 | +113,200 | $2,467,914 | $4,019,877 | +$1,551,963 |
| BXSL BLACKSTONE SECD LENDING FD | United States | COMMON STOCK · Put | 100,700 | 177,400 | +76,700 | $2,651,431 | $4,202,606 | +$1,551,175 |
| IWB ISHARES TR | United States | RUS 1000 ETF · Call | 5,300 | 9,900 | +4,600 | $1,979,232 | $3,529,944 | +$1,550,712 |
| BOND PIMCO ETF TR | United States | ACTIVE BD ETF · Call | 4,100 | 20,900 | +16,800 | $381,628 | $1,928,652 | +$1,547,024 |
| EPAM EPAM SYS INC | United States | COM · Call | 46,400 | 58,800 | +12,400 | $9,506,432 | $7,961,520 | -$1,544,912 |
| NCNO NCINO INC | United States | COM · Call | 149,600 | 153,000 | +3,400 | $3,835,744 | $2,291,940 | -$1,543,804 |
| IVV ISHARES TR | United States | CORE S&P500 ETF · Call | 246,200 | 255,800 | +9,600 | $168,632,228 | $167,091,118 | -$1,541,110 |
| SLS SELLAS LIFE SCIENCES GROUP I | United States | COM NEW · Put | 96,700 | 449,800 | +353,100 | $364,559 | $1,902,654 | +$1,538,095 |
| PLAB PHOTRONICS INC | United States | COM · Call | 51,700 | 79,000 | +27,300 | $1,654,400 | $3,192,390 | +$1,537,990 |
| EQR EQUITY RESIDENTIAL | United States | SH BEN INT · Call | 17,000 | 44,100 | +27,100 | $1,071,680 | $2,608,515 | +$1,536,835 |
| BNDX VANGUARD CHARLOTTE FDS | United States | TOTAL INT BD ETF · Call | 21,400 | 53,200 | +31,800 | $1,034,048 | $2,556,260 | +$1,522,212 |
| USFD US FOODS HLDG CORP | United States | COM · Call | 46,700 | 54,600 | +7,900 | $3,517,444 | $5,034,666 | +$1,517,222 |
| WRBY WARBY PARKER INC | United States | CL A COM · Put | 160,600 | 237,900 | +77,300 | $3,499,474 | $5,012,553 | +$1,513,079 |
| VCR VANGUARD WORLD FD | United States | CONSUM DIS ETF · Call | 6,100 | 10,900 | +4,800 | $2,402,912 | $3,913,427 | +$1,510,515 |
| GDDY GODADDY INC | United States | CL A · Put | 67,200 | 82,600 | +15,400 | $8,338,176 | $6,828,542 | -$1,509,634 |
| LNC LINCOLN NATL CORP IND | United States | COM · Call | 246,200 | 351,300 | +105,100 | $10,963,286 | $12,471,150 | +$1,507,864 |
| VNOM VIPER ENERGY INC | United States | CL A · Call | 50,516 | 73,300 | +22,784 | $1,951,433 | $3,444,367 | +$1,492,934 |
| AON AON PLC | Ireland | SHS CL A · Call | 36,200 | 44,200 | +8,000 | $12,774,256 | $14,266,876 | +$1,492,620 |
| DTE DTE ENERGY CO | United States | COM · Call | 30,600 | 37,200 | +6,600 | $3,946,788 | $5,439,384 | +$1,492,596 |
| FCEL FUELCELL ENERGY INC | United States | COM NEW · Call | 750,076 | 1,068,239 | +318,163 | $5,483,056 | $6,975,601 | +$1,492,545 |
| KD KYNDRYL HLDGS INC | United States | COMMON STOCK · Call | 172,400 | 235,500 | +63,100 | $4,578,944 | $3,089,760 | -$1,489,184 |
| BF.B BROWN FORMAN CORP | United States | CL B · Call | 45,800 | 101,400 | +55,600 | $1,193,548 | $2,681,016 | +$1,487,468 |
| SVM SILVERCORP METALS INC | Canada | COM · Put | 176,500 | 275,500 | +99,000 | $1,472,010 | $2,958,870 | +$1,486,860 |
| SRRK SCHOLAR ROCK HLDG CORP | United States | COM · Call | 35,300 | 61,800 | +26,500 | $1,554,965 | $3,038,088 | +$1,483,123 |
| TIDAL TRUST II CUSIP 88636R222 | — | DEFIANCE DAILY · Put | 24,700 | 96,300 | +71,600 | $982,813 | $2,462,391 | +$1,479,578 |
| CNXC CONCENTRIX CORP | United States | COM · Call | 13,000 | 73,800 | +60,800 | $540,540 | $2,019,168 | +$1,478,628 |
| SVM SILVERCORP METALS INC | Canada | COM · Call | 178,700 | 276,100 | +97,400 | $1,490,358 | $2,965,314 | +$1,474,956 |
| UVIX VS TRUST | United States | 2X LONG VIX FUTU · Put | 239,460 | 328,110 | +88,650 | $1,367,317 | $2,841,433 | +$1,474,116 |
| SPYD SPDR SERIES TRUST | United States | STATE STREET SPD · Call | 41,200 | 71,300 | +30,100 | $1,781,900 | $3,245,576 | +$1,463,676 |
| TEX TEREX CORP NEW | United States | COM · Call | 17,700 | 40,648 | +22,948 | $944,826 | $2,402,297 | +$1,457,471 |
| CTMX CYTOMX THERAPEUTICS INC. | United States | COM · Put | 51,200 | 356,400 | +305,200 | $218,112 | $1,675,080 | +$1,456,968 |
| VS TRUST CUSIP 92891H101 | — | -1X SHRT VIX FUT · Call | 224,600 | 253,900 | +29,300 | $5,442,058 | $3,988,769 | -$1,453,289 |
| TNL TRAVEL PLUS LEISURE CO | United States | COM · Call | 50,400 | 72,300 | +21,900 | $3,554,712 | $5,002,437 | +$1,447,725 |
| TXT TEXTRON INC | United States | COM · Put | 7,300 | 23,800 | +16,500 | $636,341 | $2,083,928 | +$1,447,587 |
| YUMC YUM CHINA HLDGS INC | United States | COM · Put | 49,700 | 78,200 | +28,500 | $2,372,678 | $3,814,596 | +$1,441,918 |
| FORM FORMFACTOR INC | United States | COM · Put | 29,300 | 31,700 | +2,400 | $1,634,354 | $3,074,583 | +$1,440,229 |
| MARA MARA HOLDINGS INC | United States | COM · Call | 9,868,400 | 10,683,600 | +815,200 | $88,618,232 | $87,178,176 | -$1,440,056 |
| TPG TPG INC | United States | COM CL A · Call | 82,900 | 95,300 | +12,400 | $5,292,336 | $3,860,603 | -$1,431,733 |
| TORM PLC CUSIP G89479102 | United States | SHS CL A · Put | 24,700 | 68,500 | +43,800 | $483,626 | $1,911,150 | +$1,427,524 |
| RDW REDWIRE CORPORATION | United States | COM · Put | 717,600 | 809,500 | +91,900 | $5,453,760 | $6,880,750 | +$1,426,990 |
| UAA UNDER ARMOUR INC | United States | CL A · Call | 97,400 | 323,200 | +225,800 | $484,078 | $1,910,112 | +$1,426,034 |
| NTRA NATERA INC | United States | COM · Put | 46,100 | 59,900 | +13,800 | $10,561,049 | $11,979,401 | +$1,418,352 |
| SATL SATELLOGIC INC | Uruguay | COM CL A · Call | 62,400 | 281,700 | +219,300 | $116,688 | $1,532,448 | +$1,415,760 |
| IWN ISHARES TR | United States | RUS 2000 VAL ETF · Put | 5,400 | 12,600 | +7,200 | $978,534 | $2,388,834 | +$1,410,300 |
| CR CRANE COMPANY | United States | COMMON STOCK · Put | 1,200 | 9,500 | +8,300 | $221,316 | $1,624,500 | +$1,403,184 |
| VIRT VIRTU FINL INC | United States | CL A · Call | 35,400 | 58,600 | +23,200 | $1,179,528 | $2,577,228 | +$1,397,700 |
| AMPLIFY COMMODITY TRUST CUSIP 03210A107 | — | BREAKWAVE DRY BU · Put | 26,100 | 163,100 | +137,000 | $228,897 | $1,626,107 | +$1,397,210 |
| KYMR KYMERA THERAPEUTICS INC | United States | COM · Call | 11,200 | 27,200 | +16,000 | $871,472 | $2,265,488 | +$1,394,016 |
| GBTC GRAYSCALE BITCOIN TRUST ETF | United States | SHS REP COM UT · Put | 97,800 | 100,300 | +2,500 | $6,685,608 | $5,291,828 | -$1,393,780 |
| SBAC SBA COMMUNICATIONS CORP | United States | CL A · Call | 6,700 | 15,600 | +8,900 | $1,295,981 | $2,684,916 | +$1,388,935 |
| CHD CHURCH & DWIGHT CO INC | United States | COM · Call | 26,800 | 38,900 | +12,100 | $2,247,180 | $3,630,148 | +$1,382,968 |
| BSM BLACK STONE MINERALS L P | United States | COM UNIT · Call | 12,800 | 102,700 | +89,900 | $170,112 | $1,552,824 | +$1,382,712 |
| PMT PENNYMAC MTG INVT TR | United States | COM · Put | 39,100 | 160,500 | +121,400 | $490,705 | $1,871,430 | +$1,380,725 |
| ALK ALASKA AIR GROUP INC | United States | COM · Call | 429,900 | 625,400 | +195,500 | $21,623,970 | $23,002,212 | +$1,378,242 |
| LSTR LANDSTAR SYS INC | United States | COM · Call | 4,800 | 12,900 | +8,100 | $689,760 | $2,067,999 | +$1,378,239 |
| BZH BEAZER HOMES USA INC | United States | COM NEW · Call | 193,500 | 275,400 | +81,900 | $3,922,245 | $5,298,696 | +$1,376,451 |
| VSCO VICTORIAS SECRET AND CO | United States | COMMON STOCK · Call | 329,900 | 355,800 | +25,900 | $17,870,683 | $16,494,888 | -$1,375,795 |
| GRAYSCALE ETHEREUM STAKING E CUSIP 389638107 | — | SHS · Put | 259,100 | 289,800 | +30,700 | $6,314,267 | $4,946,886 | -$1,367,381 |
| DC DAKOTA GOLD CORP | United States | COM · Put | 168,600 | 459,900 | +291,300 | $957,648 | $2,322,495 | +$1,364,847 |
| PMT PENNYMAC MTG INVT TR | United States | COM · Call | 50,200 | 170,800 | +120,600 | $630,010 | $1,991,528 | +$1,361,518 |
| DKL DELEK LOGISTICS PARTNERS LP | United States | COM UNT RP INT · Call | 45,900 | 68,500 | +22,600 | $2,048,058 | $3,408,560 | +$1,360,502 |
| KOD KODIAK SCIENCES INC | United States | COM · Call | 57,400 | 77,600 | +20,200 | $1,604,904 | $2,958,112 | +$1,353,208 |
| LBTYA LIBERTY GLOBAL LTD | United Kingdom | COM CL A · Put | 104,300 | 207,800 | +103,500 | $1,161,902 | $2,512,302 | +$1,350,400 |
| BL BLACKLINE INC | United States | COM · Put | 5,900 | 44,800 | +38,900 | $326,211 | $1,657,600 | +$1,331,389 |
| ARE ALEXANDRIA REAL ESTATE EQ IN | United States | COM · Put | 291,400 | 335,900 | +44,500 | $14,261,116 | $15,592,478 | +$1,331,362 |
| EWBC EAST WEST BANCORP INC | United States | COM · Call | 16,200 | 29,500 | +13,300 | $1,820,718 | $3,149,420 | +$1,328,702 |
| UPWK UPWORK INC | United States | COM · Call | 109,700 | 319,300 | +209,600 | $2,174,254 | $3,499,528 | +$1,325,274 |
| GRANITESHARES ETF TR CUSIP 38747R496 | — | 2X LONG RDDT DA · Call | 48,900 | 76,600 | +27,700 | $2,454,668 | $1,134,385 | -$1,320,283 |
| LSTR LANDSTAR SYS INC | United States | COM · Put | 5,900 | 13,500 | +7,600 | $847,830 | $2,164,185 | +$1,316,355 |
| COGT COGENT BIOSCIENCES INC | United States | COM · Call | 73,100 | 101,600 | +28,500 | $2,596,512 | $3,910,584 | +$1,314,072 |
| LMB LIMBACH HLDGS INC | United States | COM · Put | 10,000 | 26,800 | +16,800 | $778,500 | $2,091,740 | +$1,313,240 |
| WY WEYERHAEUSER CO | United States | COM NEW · Call | 388,100 | 429,600 | +41,500 | $9,194,089 | $10,495,128 | +$1,301,039 |
| USAC USA COMPRESSION PARTNERS LP | United States | COM UNIT LTDPAR · Call | 26,700 | 70,500 | +43,800 | $614,100 | $1,911,960 | +$1,297,860 |
| ACM AECOM | United States | COM · Put | 11,300 | 27,900 | +16,600 | $1,077,229 | $2,366,478 | +$1,289,249 |