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).
- TSAT: Country of operation Canada; Class CL A & CL B SHS · Call; Shares 2025-12-31 8,800; Shares 2026-03-31 30,800.
- STUB: Country of operation United States; Class CL A · Call; Shares 2025-12-31 378,100; Shares 2026-03-31 682,200.
- BYD: Country of operation United States; Class COM · Put; Shares 2025-12-31 25,700; Shares 2026-03-31 37,100.
- AGIO: Country of operation United States; Class COM · Call; Shares 2025-12-31 50,200; Shares 2026-03-31 65,700.
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 |
|---|---|---|---|---|---|---|---|---|
| TSAT TELESAT CORP | Canada | CL A & CL B SHS · Call | 8,800 | 30,800 | +22,000 | $256,080 | $1,114,960 | +$858,880 |
| STUB STUBHUB HLDGS INC | United States | CL A · Call | 378,100 | 682,200 | +304,100 | $5,115,693 | $4,256,928 | -$858,765 |
| BYD BOYD GAMING CORP | United States | COM · Put | 25,700 | 37,100 | +11,400 | $2,190,668 | $3,048,878 | +$858,210 |
| AGIO AGIOS PHARMACEUTICALS INC | United States | COM · Call | 50,200 | 65,700 | +15,500 | $1,366,444 | $2,222,631 | +$856,187 |
| LOAR LOAR HOLDINGS INC | United States | COM SHS · Call | 12,300 | 29,500 | +17,200 | $836,400 | $1,690,055 | +$853,655 |
| ITRI ITRON INC | United States | COM · Put | 10,600 | 20,500 | +9,900 | $984,316 | $1,837,415 | +$853,099 |
| RVLV REVOLVE GROUP INC | United States | CL A · Put | 7,700 | 48,000 | +40,300 | $232,463 | $1,085,280 | +$852,817 |
| SMG SCOTTS MIRACLE-GRO CO | United States | CL A · Put | 34,800 | 47,400 | +12,600 | $2,030,580 | $2,882,394 | +$851,814 |
| PAR PAR TECHNOLOGY CORP | United States | COM · Call | 52,800 | 207,600 | +154,800 | $1,915,584 | $2,767,308 | +$851,724 |
| ARRY ARRAY TECHNOLOGIES INC | United States | COM SHS · Put | 161,000 | 322,800 | +161,800 | $1,484,420 | $2,333,844 | +$849,424 |
| MCY MERCURY GENL CORP NEW | United States | COM · Call | 8,800 | 19,000 | +10,200 | $827,728 | $1,674,850 | +$847,122 |
| TAP MOLSON COORS BEVERAGE CO | Canada | CL B · Put | 173,300 | 207,500 | +34,200 | $8,089,644 | $8,934,950 | +$845,306 |
| BAX BAXTER INTL INC | United States | COM · Call | 385,800 | 388,700 | +2,900 | $7,372,638 | $6,530,160 | -$842,478 |
| SPG SIMON PPTY GROUP INC NEW | United States | COM · Call | 185,600 | 188,700 | +3,100 | $34,356,416 | $35,198,211 | +$841,795 |
| TIGO MILLICOM INTL CELLULAR S A | Luxembourg | COM STK · Put | 13,000 | 20,800 | +7,800 | $720,720 | $1,558,752 | +$838,032 |
| LION LIONSGATE STUDIOS CORP | Canada | COM · Put | 735,700 | 787,200 | +51,500 | $6,716,941 | $7,549,248 | +$832,307 |
| INTT INTEST CORP | United States | COM · Call | 43,000 | 84,500 | +41,500 | $321,210 | $1,153,425 | +$832,215 |
| LINC LINCOLN EDL SVCS CORP | United States | COM · Call | 14,400 | 29,000 | +14,600 | $347,760 | $1,179,720 | +$831,960 |
| ITRI ITRON INC | United States | COM · Call | 11,900 | 21,600 | +9,700 | $1,105,034 | $1,936,008 | +$830,974 |
| FUL FULLER H B CO | United States | COM · Put | 3,800 | 17,100 | +13,300 | $225,948 | $1,054,728 | +$828,780 |
| TPH TRI POINTE HOMES INC | United States | COM · Put | 11,200 | 25,200 | +14,000 | $352,464 | $1,177,596 | +$825,132 |
| CVLT COMMVAULT SYS INC | United States | COM · Call | 41,900 | 78,000 | +36,100 | $5,252,584 | $6,075,420 | +$822,836 |
| PROSHARES TR CUSIP 74350P550 | — | ULTRASHORT ETHER · Call | 19,290 | 28,240 | +8,950 | $955,048 | $1,776,296 | +$821,248 |
| KVYO KLAVIYO INC | United States | COM SER A · Put | 137,900 | 187,900 | +50,000 | $4,477,613 | $3,656,534 | -$821,079 |
| PROSHARES TR CUSIP 74350P642 | — | ULTRAPRO SHRT RU · Put | 12,375 | 33,850 | +21,475 | $525,195 | $1,345,199 | +$820,004 |
| CQP CHENIERE ENERGY PARTNERS L P | United States | COM UNIT · Call | 9,100 | 20,200 | +11,100 | $486,668 | $1,305,526 | +$818,858 |
| PROSHARES TR CUSIP 74347R842 | — | PSHS ULTRUSS2000 · Call | 27,300 | 45,000 | +17,700 | $1,283,646 | $2,100,150 | +$816,504 |
| SHY ISHARES TR | United States | 1 3 YR TREAS BD · Put | 7,900 | 17,800 | +9,900 | $654,278 | $1,469,746 | +$815,468 |
| VFH VANGUARD WORLD FD | United States | FINANCIALS ETF · Put | 1,700 | 8,600 | +6,900 | $226,933 | $1,038,966 | +$812,033 |
| CG CENTERRA GOLD INC | United States | COM · Call | 22,200 | 63,500 | +41,300 | $319,014 | $1,129,665 | +$810,651 |
| MATX MATSON INC | United States | COM · Call | 8,700 | 11,500 | +2,800 | $1,074,885 | $1,885,310 | +$810,425 |
| TE T1 ENERGY INC | Luxembourg | COM NEW · Call | 821,200 | 1,065,000 | +243,800 | $5,485,616 | $4,675,350 | -$810,266 |
| NTCT NETSCOUT SYS INC | United States | COM · Call | 16,400 | 39,400 | +23,000 | $443,784 | $1,252,526 | +$808,742 |
| CLSK CLEANSPARK INC | United States | COM NEW · Put | 1,481,100 | 1,666,400 | +185,300 | $14,988,732 | $14,181,064 | -$807,668 |
| RGEN REPLIGEN CORP | United States | COM · Put | 11,400 | 22,700 | +11,300 | $1,868,004 | $2,674,514 | +$806,510 |
| ARKW ARK ETF TR | United States | NEXT GNRTN INTER · Call | 26,300 | 38,900 | +12,600 | $3,885,299 | $4,691,729 | +$806,430 |
| GRANITESHARES ETF TR CUSIP 38747R512 | — | 2X LONG VRT DAI · Put | 8,700 | 12,200 | +3,500 | $432,390 | $1,236,470 | +$804,080 |
| PRM PERIMETER SOLUTIONS INC | Luxembourg | COMMON STOCK · Put | 25,800 | 62,000 | +36,200 | $710,274 | $1,514,040 | +$803,766 |
| LAND GLADSTONE LD CORP | United States | COM · Call | 30,600 | 106,100 | +75,500 | $279,990 | $1,082,220 | +$802,230 |
| DIOD DIODES INC | United States | COM · Call | 6,300 | 16,300 | +10,000 | $310,842 | $1,112,638 | +$801,796 |
| TIP ISHARES TR | United States | TIPS BD ETF · Call | 14,700 | 21,900 | +7,200 | $1,615,677 | $2,416,884 | +$801,207 |
| CABA CABALETTA BIO INC | United States | COM · Call | 222,600 | 478,600 | +256,000 | $487,494 | $1,287,434 | +$799,940 |
| BOH BANK HAWAII CORP | United States | COM · Call | 8,500 | 18,600 | +10,100 | $581,145 | $1,381,050 | +$799,905 |
| PROSHARES TR CUSIP 74347X799 | — | ULTR RUSSL2000 · Put | 38,800 | 55,500 | +16,700 | $2,063,384 | $2,861,025 | +$797,641 |
| ALK ALASKA AIR GROUP INC | United States | COM · Put | 341,100 | 444,800 | +103,700 | $17,157,330 | $16,359,744 | -$797,586 |
| OEC ORION S.A. | Luxembourg | COM · Call | 143,500 | 238,700 | +95,200 | $757,680 | $1,551,550 | +$793,870 |
| KRC KILROY REALTY CORP | United States | COM · Call | 17,000 | 50,500 | +33,500 | $635,290 | $1,424,605 | +$789,315 |
| CRML US CRITICAL METALS CORP | United States | PUBCO ORD SHS · Put | 366,700 | 419,800 | +53,100 | $2,544,898 | $3,333,212 | +$788,314 |
| ADECOAGRO S A CUSIP L00849106 | United States | COM · Put | 17,900 | 61,900 | +44,000 | $141,947 | $929,738 | +$787,791 |
| RRX REGAL REXNORD CORPORATION | United States | COM · Put | 9,600 | 11,400 | +1,800 | $1,347,072 | $2,134,764 | +$787,692 |
| SATL SATELLOGIC INC | Uruguay | COM CL A · Put | 74,800 | 170,300 | +95,500 | $139,876 | $926,432 | +$786,556 |
| FSK FS KKR CAP CORP | United States | COM · Put | 221,400 | 244,900 | +23,500 | $3,278,934 | $2,493,082 | -$785,852 |
| ACWI ISHARES TR | United States | MSCI ACWI ETF · Call | 2,500 | 8,200 | +5,700 | $353,725 | $1,134,634 | +$780,909 |
| TGB TASEKO MINES LTD | Canada | COM · Put | 112,600 | 219,500 | +106,900 | $637,316 | $1,415,775 | +$778,459 |
| PROSHARES TR II CUSIP 74347Y698 | — | ULTRASHORT GOLD · Call | 36,150 | 85,350 | +49,200 | $945,323 | $1,722,363 | +$777,040 |
| NAT NORDIC AMERICAN TANKERS LIMI | Bermuda | COM · Call | 62,400 | 168,300 | +105,900 | $214,656 | $986,238 | +$771,582 |
| IPI INTREPID POTASH INC | United States | COM · Put | 27,400 | 35,800 | +8,400 | $759,802 | $1,531,166 | +$771,364 |
| HGV HILTON GRAND VACATIONS INC | United States | COM · Call | 12,300 | 33,700 | +21,400 | $550,425 | $1,318,344 | +$767,919 |
| CPS COOPER-STANDARD HOLDINGS INC | United States | COM · Put | 29,200 | 61,900 | +32,700 | $958,636 | $1,725,153 | +$766,517 |
| NEOS ETF TRUST CUSIP 78433H675 | — | NASDAQ 100 HIGH · Put | 51,000 | 70,600 | +19,600 | $2,746,860 | $3,508,114 | +$761,254 |
| RGA REINSURANCE GROUP AMER INC | United States | COM NEW · Call | 7,100 | 10,800 | +3,700 | $1,444,566 | $2,204,928 | +$760,362 |
| FCFS FIRSTCASH HOLDINGS INC | United States | COM · Put | 2,800 | 6,400 | +3,600 | $446,264 | $1,203,200 | +$756,936 |
| VANECK ETF TRUST CUSIP 92189F585 | — | OIL REFINERS ETF · Call | 6,300 | 20,100 | +13,800 | $236,288 | $992,940 | +$756,652 |
| BZH BEAZER HOMES USA INC | United States | COM NEW · Put | 71,100 | 114,100 | +43,000 | $1,441,197 | $2,195,284 | +$754,087 |
| CPA COPA HOLDINGS SA | Panama | CL A · Put | 65,300 | 75,900 | +10,600 | $7,875,833 | $8,622,999 | +$747,166 |
| VGK VANGUARD INTL EQUITY INDEX F | United States | FTSE EUROPE ETF · Put | 3,400 | 12,500 | +9,100 | $284,274 | $1,030,375 | +$746,101 |
| SPCE VIRGIN GALACTIC HOLDINGS INC | United States | COM NEW · Call | 940,630 | 1,549,400 | +608,770 | $3,019,422 | $3,765,042 | +$745,620 |
| OSIS OSI SYSTEMS INC | United States | COM · Put | 2,600 | 5,300 | +2,700 | $663,156 | $1,407,203 | +$744,047 |
| EWTX EDGEWISE THERAPEUTICS INC | United States | COM · Put | 26,700 | 44,600 | +17,900 | $662,561 | $1,404,900 | +$742,339 |
| ECG EVERUS CONSTR GROUP | United States | COM · Call | 8,600 | 12,500 | +3,900 | $735,816 | $1,475,750 | +$739,934 |
| ABCL ABCELLERA BIOLOGICS INC | Canada | COM · Call | 222,000 | 429,500 | +207,500 | $759,240 | $1,498,955 | +$739,715 |
| ICLR ICON PLC | Ireland | SHS · Put | 11,400 | 12,100 | +700 | $2,077,308 | $1,338,986 | -$738,322 |
| ROOT ROOT INC | United States | CL A NEW · Call | 130,300 | 196,400 | +66,100 | $9,411,569 | $8,674,988 | -$736,581 |
| CRMD CORMEDIX INC | United States | COM · Call | 98,200 | 276,300 | +178,100 | $1,142,066 | $1,876,077 | +$734,011 |
| TDY TELEDYNE TECHNOLOGIES INC | United States | COM · Put | 2,000 | 2,900 | +900 | $1,021,460 | $1,754,529 | +$733,069 |
| JBSS SANFILIPPO JOHN B & SON INC | United States | COM · Call | 11,000 | 19,000 | +8,000 | $776,600 | $1,507,270 | +$730,670 |
| PFF ISHARES TR | United States | PFD AND INCM SEC · Call | 20,300 | 44,700 | +24,400 | $628,488 | $1,355,304 | +$726,816 |
| DEA EASTERLY GOVT PPTYS INC | United States | COM SHS · Call | 35,900 | 69,200 | +33,300 | $760,721 | $1,482,956 | +$722,235 |
| AXS AXIS CAP HLDGS LTD | Bermuda | SHS · Put | 2,300 | 9,500 | +7,200 | $246,307 | $963,395 | +$717,088 |
| MLYS MINERALYS THERAPEUTICS INC | United States | COM · Put | 35,200 | 73,600 | +38,400 | $1,277,408 | $1,993,824 | +$716,416 |
| TSLX SIXTH STREET SPECIALTY LENDI | United States | COM · Put | 15,600 | 57,300 | +41,700 | $338,832 | $1,053,174 | +$714,342 |
| TECH BIO-TECHNE CORP | United States | COM · Call | 47,400 | 67,000 | +19,600 | $2,787,594 | $3,501,420 | +$713,826 |
| BCAX BICARA THERAPEUTICS INC | United States | COM · Put | 24,600 | 56,700 | +32,100 | $414,018 | $1,127,763 | +$713,745 |
| CRC CALIFORNIA RES CORP | United States | COM STOCK · Put | 6,800 | 14,700 | +7,900 | $304,028 | $1,017,534 | +$713,506 |
| NG NOVAGOLD RESOURCES INC | Canada | COM NEW · Put | 72,500 | 154,200 | +81,700 | $675,700 | $1,384,716 | +$709,016 |
| KNF KNIFE RIVER CORP | United States | COMMON STOCK · Put | 8,300 | 15,800 | +7,500 | $583,905 | $1,290,070 | +$706,165 |
| ABR ARBOR REALTY TRUST INC | United States | COM · Put | 727,200 | 823,200 | +96,000 | $5,643,072 | $6,346,872 | +$703,800 |
| NIC NICOLET BANKSHARES INC | United States | COM · Call | 4,800 | 8,631 | +3,831 | $582,240 | $1,282,739 | +$700,499 |
| HTZ HERTZ GLOBAL HLDGS INC | United States | COM NEW · Call | 1,447,200 | 1,765,400 | +318,200 | $7,438,608 | $8,138,494 | +$699,886 |
| TK TEEKAY CORPORATION LTD | Bermuda | SHS · Call | 35,900 | 83,700 | +47,800 | $324,177 | $1,021,977 | +$697,800 |
| IWV ISHARES TR | United States | RUSSELL 3000 ETF · Call | 5,000 | 7,100 | +2,100 | $1,934,250 | $2,631,828 | +$697,578 |
| CECO CECO ENVIRONMENTAL CORP | United States | COM · Call | 5,500 | 17,200 | +11,700 | $329,175 | $1,024,776 | +$695,601 |
| AVNW AVIAT NETWORKS INC | United States | COM NEW · Call | 52,600 | 80,400 | +27,800 | $1,124,588 | $1,817,844 | +$693,256 |
| MSCI MSCI INC | United States | COM · Put | 18,900 | 21,400 | +2,500 | $10,843,497 | $11,534,814 | +$691,317 |
| SCL STEPAN CO | United States | COM · Call | 10,100 | 23,400 | +13,300 | $478,336 | $1,169,532 | +$691,196 |
| MORN MORNINGSTAR INC | United States | COM · Put | 3,600 | 8,700 | +5,100 | $782,316 | $1,470,735 | +$688,419 |
| TECX TECTONIC THERAPEUTIC INC | United States | COM · Call | 44,700 | 52,400 | +7,700 | $932,442 | $1,619,684 | +$687,242 |
| COGT COGENT BIOSCIENCES INC | United States | COM · Put | 79,300 | 90,900 | +11,600 | $2,816,736 | $3,498,741 | +$682,005 |
| SARO STANDARDAERO INC | United States | COM · Put | 8,800 | 36,100 | +27,300 | $252,384 | $932,463 | +$680,079 |
| LOVE LOVESAC COMPANY | United States | COM · Put | 179,000 | 224,600 | +45,600 | $2,640,250 | $3,317,342 | +$677,092 |