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).
- STEP: Country of operation United States; Class COM CL A · Put; Shares 2025-12-31 4,900; Shares 2026-03-31 33,600.
- VGK: Country of operation United States; Class FTSE EUROPE ETF · Call; Shares 2025-12-31 13,200; Shares 2026-03-31 29,000.
- LGND: Country of operation United States; Class COM NEW · Call; Shares 2025-12-31 7,400; Shares 2026-03-31 13,400.
- CHH: Country of operation United States; Class COM · Call; Shares 2025-12-31 10,200; Shares 2026-03-31 21,700.
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 |
|---|---|---|---|---|---|---|---|---|
| STEP STEPSTONE GROUP INC | United States | COM CL A · Put | 4,900 | 33,600 | +28,700 | $314,433 | $1,603,392 | +$1,288,959 |
| VGK VANGUARD INTL EQUITY INDEX F | United States | FTSE EUROPE ETF · Call | 13,200 | 29,000 | +15,800 | $1,103,652 | $2,390,470 | +$1,286,818 |
| LGND LIGAND PHARMACEUTICALS INC | United States | COM NEW · Call | 7,400 | 13,400 | +6,000 | $1,399,118 | $2,675,310 | +$1,276,192 |
| CHH CHOICE HOTELS INTL INC | United States | COM · Call | 10,200 | 21,700 | +11,500 | $971,652 | $2,245,950 | +$1,274,298 |
| J JACOBS SOLUTIONS INC | United States | COM · Call | 17,400 | 28,100 | +10,700 | $2,304,804 | $3,576,568 | +$1,271,764 |
| ABRDN PALLADIUM ETF TRUST CUSIP 003262102 | — | PHYSICAL PALLADM · Put | 165,800 | 188,300 | +22,500 | $24,104,004 | $25,365,893 | +$1,261,889 |
| ENSG ENSIGN GROUP INC | United States | COM · Call | 9,300 | 14,300 | +5,000 | $1,620,060 | $2,881,450 | +$1,261,390 |
| ARKB ARK 21SHARES BITCOIN ETF | United States | SHS BEN INT · Call | 102,900 | 188,800 | +85,900 | $2,988,216 | $4,246,112 | +$1,257,896 |
| MATW MATTHEWS INTL CORP | United States | CL A · Put | 78,200 | 127,800 | +49,600 | $2,042,584 | $3,299,796 | +$1,257,212 |
| SGML SIGMA LITHIUM CORPORATION | Canada | COM · Call | 275,000 | 395,400 | +120,400 | $3,627,250 | $4,879,236 | +$1,251,986 |
| NTRS NORTHERN TR CORP | United States | COM · Call | 12,600 | 21,300 | +8,700 | $1,721,034 | $2,972,841 | +$1,251,807 |
| FFIV F5 INC | United States | COM · Call | 23,100 | 24,700 | +1,600 | $5,896,506 | $7,146,451 | +$1,249,945 |
| SCHL SCHOLASTIC CORP | United States | COM · Put | 66,600 | 82,500 | +15,900 | $1,973,358 | $3,222,450 | +$1,249,092 |
| GEO GEO GROUP INC | United States | COM · Put | 158,300 | 225,800 | +67,500 | $2,551,796 | $3,795,698 | +$1,243,902 |
| ECL ECOLAB INC | United States | COM · Put | 11,500 | 16,000 | +4,500 | $3,018,980 | $4,256,320 | +$1,237,340 |
| KKR KKR & CO INC | United States | COM · Call | 1,108,100 | 1,540,500 | +432,400 | $141,260,588 | $142,496,250 | +$1,235,662 |
| MLM MARTIN MARIETTA MATLS INC | United States | COM · Put | 5,400 | 7,800 | +2,400 | $3,362,364 | $4,591,704 | +$1,229,340 |
| ENS ENERSYS | United States | COM · Put | 8,800 | 14,500 | +5,700 | $1,291,400 | $2,518,940 | +$1,227,540 |
| PTLO PORTILLOS INC | United States | COM CL A · Put | 524,600 | 682,200 | +157,600 | $2,381,684 | $3,608,838 | +$1,227,154 |
| LII LENNOX INTL INC | United States | COM · Call | 3,500 | 6,300 | +2,800 | $1,699,530 | $2,924,019 | +$1,224,489 |
| SLVP ISHARES INC | United States | MSCI GLB SLV&MTL · Put | 53,200 | 85,900 | +32,700 | $1,823,164 | $3,046,014 | +$1,222,850 |
| PROSHARES TR II CUSIP 74347Y730 | — | VIX SHT TERM FUT · Call | 16,925 | 48,225 | +31,300 | $433,957 | $1,656,529 | +$1,222,572 |
| MTN VAIL RESORTS INC | United States | COM · Call | 97,500 | 110,400 | +12,900 | $12,948,000 | $14,166,528 | +$1,218,528 |
| IMAX IMAX CORP | Canada | COM · Put | 113,000 | 141,700 | +28,700 | $4,176,480 | $5,386,017 | +$1,209,537 |
| CLBT CELLEBRITE DI LTD | Israel | ORDINARY SHARES · Put | 347,200 | 366,700 | +19,500 | $6,260,016 | $5,053,126 | -$1,206,890 |
| NHC NATIONAL HEALTHCARE CORP | United States | COM · Call | 5,900 | 12,600 | +6,700 | $808,831 | $2,012,220 | +$1,203,389 |
| KPTI KARYOPHARM THERAPEUTICS INC | United States | COM NEW · Put | 32,500 | 258,200 | +225,700 | $239,200 | $1,438,174 | +$1,198,974 |
| UTI UNIVERSAL TECHNICAL INST INC | United States | COM · Call | 26,000 | 51,900 | +25,900 | $679,380 | $1,873,590 | +$1,194,210 |
| CPER UNITED STS COMMODITY INDEX F | United States | CM REP COPP FD · Put | 166,000 | 203,200 | +37,200 | $5,803,360 | $6,996,176 | +$1,192,816 |
| ORI OLD REP INTL CORP | United States | COM · Call | 24,700 | 58,100 | +33,400 | $1,127,308 | $2,318,190 | +$1,190,882 |
| BRKR BRUKER CORP | United States | COM · Put | 15,300 | 52,900 | +37,600 | $720,783 | $1,910,748 | +$1,189,965 |
| CTRN CITI TRENDS INC | United States | COM · Call | 5,200 | 32,400 | +27,200 | $216,112 | $1,403,568 | +$1,187,456 |
| NDAQ NASDAQ INC | United States | COM · Put | 95,800 | 123,600 | +27,800 | $9,305,054 | $10,492,404 | +$1,187,350 |
| LB LANDBRIDGE COMPANY LLC | United States | CL A · Call | 34,200 | 41,400 | +7,200 | $1,675,458 | $2,858,670 | +$1,183,212 |
| TMHC TAYLOR MORRISON HOME CORP | United States | COM · Call | 9,500 | 29,800 | +20,300 | $559,265 | $1,735,552 | +$1,176,287 |
| VAC MARRIOTT VACATIONS WORLDWIDE | United States | COM · Call | 28,800 | 43,500 | +14,700 | $1,661,472 | $2,832,720 | +$1,171,248 |
| JAAA JANUS DETROIT STR TR | United States | HENDRSON AAA CL · Put | 15,100 | 38,300 | +23,200 | $763,758 | $1,929,171 | +$1,165,413 |
| WSO WATSCO INC | United States | COM · Call | 5,200 | 8,000 | +2,800 | $1,752,140 | $2,910,320 | +$1,158,180 |
| EGY VAALCO ENERGY INC | United States | COM NEW · Call | 78,400 | 227,500 | +149,100 | $285,376 | $1,442,350 | +$1,156,974 |
| VIG VANGUARD SPECIALIZED FUNDS | United States | DIV APP ETF · Put | 24,000 | 29,900 | +5,900 | $5,274,720 | $6,430,294 | +$1,155,574 |
| NOG NORTHERN OIL & GAS INC | United States | COM · Put | 79,500 | 97,900 | +18,400 | $1,706,865 | $2,861,617 | +$1,154,752 |
| AVA AVISTA CORP | United States | COM · Call | 15,400 | 43,500 | +28,100 | $593,516 | $1,746,090 | +$1,152,574 |
| GPOR GULFPORT ENERGY CORP | United States | COMMON SHARES · Put | 8,700 | 14,000 | +5,300 | $1,809,513 | $2,961,980 | +$1,152,467 |
| SSNC SS&C TECH HLDGS | United States | COM · Call | 3,600 | 21,700 | +18,100 | $314,712 | $1,466,269 | +$1,151,557 |
| SAIA SAIA INC | United States | COM · Put | 16,400 | 18,500 | +2,100 | $5,354,928 | $6,498,680 | +$1,143,752 |
| SAIA SAIA INC | United States | COM · Call | 16,300 | 18,400 | +2,100 | $5,322,276 | $6,463,552 | +$1,141,276 |
| PROSHARES TR CUSIP 74347G374 | — | PSHS ULDOW30 NEW · Call | 16,800 | 67,200 | +50,400 | $344,400 | $1,478,400 | +$1,134,000 |
| SPROTT ETF TRUST CUSIP 85210B201 | — | JR GOLD MINERS E · Call | 7,600 | 20,600 | +13,000 | $639,388 | $1,773,248 | +$1,133,860 |
| EFX EQUIFAX INC | United States | COM · Call | 25,000 | 36,400 | +11,400 | $5,424,500 | $6,554,548 | +$1,130,048 |
| CRBG COREBRIDGE FINL INC | United States | COM · Call | 43,200 | 101,800 | +58,600 | $1,303,344 | $2,428,948 | +$1,125,604 |
| IJH ISHARES TR | United States | CORE S&P MCP ETF · Call | 121,300 | 135,200 | +13,900 | $8,005,800 | $9,130,056 | +$1,124,256 |
| FSS FEDERAL SIGNAL CORP | United States | COM · Call | 2,200 | 12,600 | +10,400 | $238,898 | $1,362,564 | +$1,123,666 |
| LOPE GRAND CANYON ED INC | United States | COM · Call | 3,100 | 9,600 | +6,500 | $515,561 | $1,632,288 | +$1,116,727 |
| ALGM ALLEGRO MICROSYSTEMS INC | United States | COM · Put | 12,200 | 45,600 | +33,400 | $321,836 | $1,437,768 | +$1,115,932 |
| OSS ONE STOP SYS INC | United States | COM · Put | 70,800 | 214,100 | +143,300 | $508,344 | $1,620,737 | +$1,112,393 |
| CHDN CHURCHILL DOWNS INC | United States | COM · Put | 10,300 | 25,400 | +15,100 | $1,171,934 | $2,281,682 | +$1,109,748 |
| EPR EPR PPTYS | United States | COM SH BEN INT · Call | 51,500 | 73,600 | +22,100 | $2,569,850 | $3,677,056 | +$1,107,206 |
| RNR RENAISSANCERE HLDGS LTD | Bermuda | COM · Call | 4,100 | 7,600 | +3,500 | $1,152,756 | $2,258,948 | +$1,106,192 |
| ALTO ALTO INGREDIENTS INC | United States | COM · Call | 220,700 | 359,400 | +138,700 | $635,616 | $1,739,496 | +$1,103,880 |
| GPI GROUP 1 AUTOMOTIVE INC | United States | COM · Call | 9,300 | 14,400 | +5,100 | $3,657,690 | $4,761,072 | +$1,103,382 |
| DHT DHT HOLDINGS INC | Jersey | SHS NEW · Put | 71,700 | 108,300 | +36,600 | $875,457 | $1,978,641 | +$1,103,184 |
| AOS SMITH A O CORP | United States | COM · Put | 189,500 | 208,900 | +19,400 | $12,673,760 | $13,774,866 | +$1,101,106 |
| MGY MAGNOLIA OIL & GAS CORP | United States | CL A · Call | 10,500 | 42,100 | +31,600 | $229,845 | $1,329,097 | +$1,099,252 |
| LGO LARGO INC | Canada | COM · Call | 36,200 | 1,010,300 | +974,100 | $33,927 | $1,131,536 | +$1,097,609 |
| DCI DONALDSON INC | United States | COM · Put | 3,200 | 16,200 | +13,000 | $283,712 | $1,374,894 | +$1,091,182 |
| MHK MOHAWK INDS INC | United States | COM · Call | 12,100 | 24,500 | +12,400 | $1,322,530 | $2,412,270 | +$1,089,740 |
| ITT ITT INC | United States | COM · Put | 3,500 | 8,900 | +5,400 | $607,285 | $1,695,717 | +$1,088,432 |
| TIDAL TRUST II CUSIP 88636R222 | — | DEFIANCE DAILY · Call | 49,700 | 119,900 | +70,200 | $1,977,563 | $3,065,843 | +$1,088,280 |
| WAT WATERS CORP | United States | COM · Put | 22,200 | 24,661 | +2,461 | $8,432,226 | $7,344,046 | -$1,088,180 |
| CWEN CLEARWAY ENERGY INC | United States | CL C · Call | 22,300 | 46,400 | +24,100 | $741,698 | $1,823,056 | +$1,081,358 |
| ACI ALBERTSONS COS INC | United States | COMMON STOCK · Call | 463,200 | 530,000 | +66,800 | $7,953,144 | $9,031,200 | +$1,078,056 |
| ISHARES TR CUSIP 464288844 | United States | US OIL EQ&SV ETF · Call | 11,700 | 45,600 | +33,900 | $244,179 | $1,320,120 | +$1,075,941 |
| TXT TEXTRON INC | United States | COM · Call | 62,700 | 74,700 | +12,000 | $5,465,559 | $6,540,732 | +$1,075,173 |
| MYRG MYR GROUP INC | United States | COM · Put | 1,800 | 5,200 | +3,400 | $393,300 | $1,468,064 | +$1,074,764 |
| BSOL BITWISE SOLANA STAKING ETF | United States | COM SHS OF BENEF · Put | 68,300 | 198,300 | +130,000 | $1,120,120 | $2,191,215 | +$1,071,095 |
| FCN FTI CONSULTING INC | United States | COM · Call | 1,500 | 7,500 | +6,000 | $256,245 | $1,325,775 | +$1,069,530 |
| SCHB SCHWAB STRATEGIC TR | United States | US BRD MKT ETF · Call | 55,000 | 100,000 | +45,000 | $1,442,650 | $2,510,000 | +$1,067,350 |
| PFSI PENNYMAC FINL SVCS INC NEW | United States | COM · Call | 36,800 | 67,700 | +30,900 | $4,851,712 | $5,916,980 | +$1,065,268 |
| NAT NORDIC AMERICAN TANKERS LIMI | Bermuda | COM · Put | 114,000 | 248,700 | +134,700 | $392,160 | $1,457,382 | +$1,065,222 |
| IR INGERSOLL RAND INC | United States | COM · Put | 8,100 | 21,300 | +13,200 | $641,682 | $1,706,556 | +$1,064,874 |
| INVESCO DB COMMDY INDX TRCK CUSIP 46138B103 | United States | UNIT · Call | 32,100 | 61,400 | +29,300 | $717,756 | $1,777,530 | +$1,059,774 |
| VTV VANGUARD INDEX FDS | United States | VALUE ETF · Put | 14,700 | 19,700 | +5,000 | $2,807,553 | $3,865,140 | +$1,057,587 |
| VRDN VIRIDIAN THERAPEUTICS INC | United States | COM · Put | 6,800 | 64,700 | +57,900 | $211,616 | $1,265,532 | +$1,053,916 |
| SPDR SERIES TRUST CUSIP 78464A763 | United States | STATE STREET SPD · Put | 8,800 | 15,600 | +6,800 | $1,224,608 | $2,276,664 | +$1,052,056 |
| ARW ARROW ELECTRS INC | United States | COM · Call | 4,900 | 11,100 | +6,200 | $539,882 | $1,591,851 | +$1,051,969 |
| BKLN INVESCO EXCH TRADED FD TR II | United States | SR LN ETF · Call | 33,100 | 85,400 | +52,300 | $695,100 | $1,743,014 | +$1,047,914 |
| H HYATT HOTELS CORP | United States | COM CL A · Call | 18,600 | 28,000 | +9,400 | $2,981,952 | $4,026,120 | +$1,044,168 |
| SPB SPECTRUM BRANDS HOLDINGS INC | United States | COM · Call | 12,800 | 24,400 | +11,600 | $756,224 | $1,798,280 | +$1,042,056 |
| IWO ISHARES TR | United States | RUS 2000 GRW ETF · Call | 6,200 | 9,700 | +3,500 | $2,002,662 | $3,043,957 | +$1,041,295 |
| LDOS LEIDOS HOLDINGS INC | United States | COM · Call | 60,600 | 63,600 | +3,000 | $10,932,240 | $9,891,072 | -$1,041,168 |
| PRDO PERDOCEO ED CORP | United States | COM · Put | 16,900 | 41,300 | +24,400 | $495,677 | $1,536,773 | +$1,041,096 |
| NEOS ETF TRUST CUSIP 78433H303 | — | NEOS S&P 500 HI · Put | 22,400 | 44,900 | +22,500 | $1,176,672 | $2,216,713 | +$1,040,041 |
| LFUS LITTELFUSE INC | United States | COM · Put | 1,700 | 4,300 | +2,600 | $429,964 | $1,459,205 | +$1,029,241 |
| BETA BETA TECHNOLOGIES INC | United States | COM SHS CL A · Call | 105,400 | 132,500 | +27,100 | $2,973,334 | $1,947,750 | -$1,025,584 |
| PSIX POWER SOLUTIONS INTL INC | United States | COM NEW · Call | 53,800 | 67,300 | +13,500 | $3,074,132 | $4,097,224 | +$1,023,092 |
| GLOBAL X FDS CUSIP 37954Y293 | United States | GLB X MLP ENRG I · Call | 5,100 | 18,000 | +12,900 | $308,703 | $1,330,920 | +$1,022,217 |
| PACS PACS GROUP INC | United States | COM SHS · Call | 175,100 | 241,000 | +65,900 | $6,722,089 | $7,740,920 | +$1,018,831 |
| IWN ISHARES TR | United States | RUS 2000 VAL ETF · Call | 10,700 | 15,600 | +4,900 | $1,938,947 | $2,957,604 | +$1,018,657 |
| INVESCO CURRENCYSHARES CDN D CUSIP 46138T104 | — | CDN DLR SHS · Call | 46,400 | 61,500 | +15,100 | $3,302,752 | $4,319,772 | +$1,017,020 |
| ATO ATMOS ENERGY CORP | United States | COM · Call | 24,900 | 28,100 | +3,200 | $4,173,987 | $5,190,632 | +$1,016,645 |