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).
- RPRX: Country of operation United States; Class SHS CLASS A · Put; Shares 2025-12-31 37,300; Shares 2026-03-31 41,100.
- BEAM: Country of operation United States; Class COM · Call; Shares 2025-12-31 218,900; Shares 2026-03-31 232,400.
- VANECK ETF TRUST: Country of operation United States; Class BDC INCOME ETF · Put; Shares 2025-12-31 94,800; Shares 2026-03-31 146,400.
- GRANITESHARES ETF TR: Country of operation —; Class 2X SHORT COIN · Call; Shares 2025-12-31 5,600; Shares 2026-03-31 14,800.
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 |
|---|---|---|---|---|---|---|---|---|
| RPRX ROYALTY PHARMA PLC | United States | SHS CLASS A · Put | 37,300 | 41,100 | +3,800 | $1,441,272 | $1,971,567 | +$530,295 |
| BEAM BEAM THERAPEUTICS INC | United States | COM · Call | 218,900 | 232,400 | +13,500 | $6,067,908 | $5,538,092 | -$529,816 |
| VANECK ETF TRUST CUSIP 92189F411 | United States | BDC INCOME ETF · Put | 94,800 | 146,400 | +51,600 | $1,344,264 | $1,873,920 | +$529,656 |
| GRANITESHARES ETF TR CUSIP 38747R363 | — | 2X SHORT COIN · Call | 5,600 | 14,800 | +9,200 | $382,011 | $910,882 | +$528,871 |
| GLOBAL X FDS CUSIP 37954Y715 | — | RBTCS ARTFL INTE · Call | 41,000 | 60,600 | +19,600 | $1,485,430 | $2,013,132 | +$527,702 |
| MFIC MIDCAP FINANCIAL INVSTMNT CO | United States | COM NEW · Call | 44,500 | 92,100 | +47,600 | $509,080 | $1,035,204 | +$526,124 |
| ABR ARBOR REALTY TRUST INC | United States | COM · Call | 467,300 | 538,500 | +71,200 | $3,626,248 | $4,151,835 | +$525,587 |
| ANDE ANDERSONS INC | United States | COM · Call | 15,100 | 18,500 | +3,400 | $802,867 | $1,327,930 | +$525,063 |
| VS TRUST CUSIP 92891H101 | — | -1X SHRT VIX FUT · Put | 153,900 | 204,000 | +50,100 | $3,728,997 | $3,204,840 | -$524,157 |
| EEFT EURONET WORLDWIDE INC | United States | COM · Call | 8,500 | 17,600 | +9,100 | $646,935 | $1,168,112 | +$521,177 |
| AEE AMEREN CORP | United States | COM · Call | 19,900 | 22,800 | +2,900 | $1,987,214 | $2,506,176 | +$518,962 |
| KALU KAISER ALUMINIUM CORPORATION | United States | COM PAR $0.01 · Put | 2,200 | 6,400 | +4,200 | $252,692 | $771,264 | +$518,572 |
| AOSL ALPHA & OMEGA SEMICONDUCTOR | Bermuda | SHS · Put | 23,100 | 44,000 | +20,900 | $457,611 | $975,040 | +$517,429 |
| AWR AMER STATES WTR CO | United States | COM · Put | 8,200 | 14,700 | +6,500 | $594,336 | $1,111,614 | +$517,278 |
| BTC GRAYSCALE BITCOIN MINI TR ET | United States | SHS NEW · Put | 61,200 | 61,800 | +600 | $2,370,276 | $1,853,382 | -$516,894 |
| BRO BROWN & BROWN INC | United States | COM · Call | 23,300 | 36,400 | +13,100 | $1,857,010 | $2,373,644 | +$516,634 |
| VBR VANGUARD INDEX FDS | United States | SM CP VAL ETF · Call | 18,900 | 20,800 | +1,900 | $4,002,831 | $4,518,800 | +$515,969 |
| AMLP ALPS ETF TR | United States | ALERIAN MLP · Put | 40,000 | 45,500 | +5,500 | $1,880,800 | $2,395,120 | +$514,320 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N413 | — | T REX 2X INVERSE · Call | 110,900 | 111,300 | +400 | $1,901,935 | $1,389,024 | -$512,911 |
| SPTM SPDR SERIES TRUST | United States | STATE STREET SPD · Call | 7,400 | 14,200 | +6,800 | $610,500 | $1,122,652 | +$512,152 |
| BPOP POPULAR INC | United States | COM NEW · Put | 3,000 | 6,600 | +3,600 | $373,560 | $885,522 | +$511,962 |
| TXO TXO PARTNERS LP | United States | COM UNIT · Call | 111,800 | 135,400 | +23,600 | $1,192,906 | $1,703,332 | +$510,426 |
| SNDX SYNDAX PHARMACEUTICALS INC | United States | COM · Put | 47,100 | 64,200 | +17,100 | $989,571 | $1,499,712 | +$510,141 |
| VT VANGUARD INTL EQUITY INDEX F | United States | TT WRLD ST ETF · Call | 16,000 | 20,000 | +4,000 | $2,256,960 | $2,766,400 | +$509,440 |
| R RYDER SYS INC | United States | COM · Put | 4,400 | 6,600 | +2,200 | $842,116 | $1,351,086 | +$508,970 |
| CIFR CIPHER DIGITAL INC | United States | COM · Put | 4,804,900 | 5,550,000 | +745,100 | $70,920,324 | $71,428,500 | +$508,176 |
| IWR ISHARES TR | United States | RUS MID CAP ETF · Put | 2,400 | 7,600 | +5,200 | $231,048 | $738,948 | +$507,900 |
| TWO TWO HARBORS INVENTMENT CORPO | United States | COM · Call | 128,800 | 162,800 | +34,000 | $1,352,400 | $1,859,176 | +$506,776 |
| BC BRUNSWICK CORP | United States | COM · Put | 17,100 | 24,400 | +7,300 | $1,269,504 | $1,775,344 | +$505,840 |
| BLMN BLOOMIN BRANDS INC | United States | COM · Call | 52,000 | 152,900 | +100,900 | $320,840 | $825,660 | +$504,820 |
| RWT REDWOOD TRUST INC | United States | COM · Put | 22,400 | 112,000 | +89,600 | $123,872 | $628,320 | +$504,448 |
| SD SANDRIDGE ENERGY INC | United States | COM NEW · Put | 26,600 | 54,400 | +27,800 | $383,838 | $887,264 | +$503,426 |
| PI IMPINJ INC | United States | COM · Call | 42,500 | 76,900 | +34,400 | $7,395,425 | $7,897,630 | +$502,205 |
| SUPN SUPERNUS PHARMACEUTICALS | United States | COM · Put | 25,900 | 34,600 | +8,700 | $1,287,230 | $1,788,474 | +$501,244 |
| SYF SYNCHRONY FINANCIAL | United States | COM · Call | 239,000 | 285,800 | +46,800 | $19,939,770 | $19,440,116 | -$499,654 |
| TEUCRIUM COMMODITY TR CUSIP 88166A409 | — | SUGAR FD · Call | 11,500 | 58,600 | +47,100 | $112,183 | $611,784 | +$499,601 |
| VERX VERTEX INC | United States | CL A · Call | 64,500 | 66,800 | +2,300 | $1,288,065 | $794,252 | -$493,813 |
| PUMP PROPETRO HLDG CORP | United States | COM · Call | 16,400 | 45,000 | +28,600 | $155,964 | $648,450 | +$492,486 |
| APGE APOGEE THERAPEUTICS INC | United States | COM · Put | 15,800 | 20,000 | +4,200 | $1,192,584 | $1,683,400 | +$490,816 |
| THEMES ETF TR CUSIP 88340C875 | — | LEVERAGE SHS 2X · Put | 146,900 | 374,900 | +228,000 | $398,099 | $888,513 | +$490,414 |
| ATRO ASTRONICS CORP | United States | COM · Put | 8,800 | 14,500 | +5,700 | $477,312 | $967,585 | +$490,273 |
| TREX TREX INC | United States | COM · Call | 23,300 | 35,900 | +12,600 | $817,364 | $1,307,478 | +$490,114 |
| BAX BAXTER INTL INC | United States | COM · Put | 533,500 | 577,800 | +44,300 | $10,195,185 | $9,707,040 | -$488,145 |
| LKQ LKQ CORP | United States | COM · Put | 42,700 | 60,500 | +17,800 | $1,289,540 | $1,776,885 | +$487,345 |
| CRK COMSTOCK RES INC | United States | COM · Call | 413,000 | 477,200 | +64,200 | $9,573,340 | $10,059,376 | +$486,036 |
| NFG NATIONAL FUEL GAS CO | United States | COM · Put | 5,200 | 9,600 | +4,400 | $416,312 | $902,016 | +$485,704 |
| SEANERGY MARITIME HLDGS CORP CUSIP Y73760400 | — | SHS · Call | 16,100 | 49,000 | +32,900 | $148,603 | $632,590 | +$483,987 |
| MBX MBX BIOSCIENCES INC | United States | COM · Put | 8,600 | 25,300 | +16,700 | $271,244 | $755,205 | +$483,961 |
| KNTK KINETIK HOLDINGS INC | United States | COM NEW CL A · Put | 12,500 | 19,300 | +6,800 | $450,625 | $934,313 | +$483,688 |
| GBCI GLACIER BANCORP INC NEW | United States | COM · Call | 29,100 | 39,500 | +10,400 | $1,281,855 | $1,764,465 | +$482,610 |
| CNX CNX RES CORP | United States | COM · Put | 43,500 | 54,000 | +10,500 | $1,599,495 | $2,081,700 | +$482,205 |
| HRB BLOCK H & R INC | United States | COM · Put | 45,800 | 47,700 | +1,900 | $1,995,964 | $1,513,998 | -$481,966 |
| OR OR ROYALTIES INC. | Canada | COM SHS · Put | 40,100 | 50,000 | +9,900 | $1,419,139 | $1,901,000 | +$481,861 |
| XXI TWENTY ONE CAP INC | United States | COM SHS CL A · Call | 259,800 | 280,500 | +20,700 | $2,275,848 | $1,795,200 | -$480,648 |
| MFA MFA FINL INC | United States | COM · Call | 87,900 | 135,300 | +47,400 | $818,349 | $1,296,174 | +$477,825 |
| UDR UDR INC | United States | COM · Call | 12,400 | 27,600 | +15,200 | $454,832 | $932,328 | +$477,496 |
| BLD TOPBUILD COR | United States | COM · Call | 6,100 | 8,600 | +2,500 | $2,544,859 | $3,021,180 | +$476,321 |
| IWY ISHARES TR | United States | RUS TP200 GR ETF · Put | 2,600 | 4,800 | +2,200 | $720,044 | $1,194,432 | +$474,388 |
| ADC AGREE RLTY CORP | United States | COM · Call | 11,000 | 16,800 | +5,800 | $792,330 | $1,266,384 | +$474,054 |
| LADR LADDER CAP CORP | United States | CL A · Call | 22,900 | 73,900 | +51,000 | $251,671 | $722,003 | +$470,332 |
| PVH PVH CORPORATION | United States | COM · Call | 39,200 | 44,400 | +5,200 | $2,627,184 | $3,097,344 | +$470,160 |
| MANH MANHATTAN ASSOCIATES INC | United States | COM · Put | 15,000 | 16,000 | +1,000 | $2,599,650 | $2,129,920 | -$469,730 |
| HPP HUDSON PACIFIC PROPERTIES IN | United States | COM · Call | 121,378 | 142,990 | +21,612 | $1,314,524 | $845,071 | -$469,453 |
| GNL GLOBAL NET LEASE INC | United States | COM NEW · Call | 56,100 | 101,600 | +45,500 | $482,460 | $950,976 | +$468,516 |
| DIREXION SHARES ETF TRUST CUSIP 25461H853 | — | DAILY S&P BIOTEC · Put | 89,700 | 144,560 | +54,860 | $1,889,082 | $2,356,328 | +$467,246 |
| RYN RAYONIER INC | United States | COM · Call | 66,624 | 92,534 | +25,910 | $1,442,410 | $1,908,051 | +$465,641 |
| CTO CTO RLTY GROWTH INC NEW | United States | COM · Call | 18,300 | 43,200 | +24,900 | $336,903 | $798,768 | +$461,865 |
| NTSK NETSKOPE INC | United States | CL A · Put | 88,000 | 236,200 | +148,200 | $1,543,520 | $2,005,338 | +$461,818 |
| OLPX OLAPLEX HLDGS INC | United States | COM · Call | 31,400 | 246,800 | +215,400 | $42,076 | $501,004 | +$458,928 |
| QFIN QFIN HOLDINGS INC | China | AMERICAN DEP · Put | 284,200 | 388,700 | +104,500 | $5,476,534 | $5,018,117 | -$458,417 |
| ATLX ATLAS LITHIUM CORP | United States | COM NEW · Put | 33,200 | 137,500 | +104,300 | $140,436 | $598,125 | +$457,689 |
| OGE OGE ENERGY CORP | United States | COM · Call | 6,700 | 15,500 | +8,800 | $286,090 | $743,380 | +$457,290 |
| DOMO DOMO INC | United States | COM CL B · Call | 74,400 | 354,200 | +279,800 | $627,192 | $1,083,852 | +$456,660 |
| ONEQ FIDELITY COMWLTH TR | United States | NASDAQ COMPSIT · Call | 11,300 | 17,500 | +6,200 | $1,032,820 | $1,485,925 | +$453,105 |
| INSG INSEEGO CORP | United States | COM NEW · Put | 21,100 | 60,100 | +39,000 | $216,697 | $668,312 | +$451,615 |
| AREC AMERICAN RES CORP | United States | CL A · Put | 231,600 | 423,700 | +192,100 | $574,368 | $1,025,354 | +$450,986 |
| XRAY DENTSPLY SIRONA INC | United States | COM · Put | 173,400 | 209,600 | +36,200 | $1,981,962 | $2,431,360 | +$449,398 |
| ITOT ISHARES TR | United States | CORE S&P TTL STK · Put | 3,400 | 6,700 | +3,300 | $505,546 | $954,281 | +$448,735 |
| EGY VAALCO ENERGY INC | United States | COM NEW · Put | 27,400 | 86,500 | +59,100 | $99,736 | $548,410 | +$448,674 |
| CATO CATO CORP NEW | United States | CL A · Call | 149,000 | 321,200 | +172,200 | $460,410 | $908,996 | +$448,586 |
| VANGUARD WORLD FD CUSIP 92204A603 | United States | INDUSTRIAL ETF · Call | 800 | 2,200 | +1,400 | $238,704 | $686,884 | +$448,180 |
| VOYA VOYA FINANCIAL INC | United States | COM · Put | 2,700 | 9,500 | +6,800 | $201,123 | $649,040 | +$447,917 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N413 | — | T REX 2X INVERSE · Put | 30,600 | 77,900 | +47,300 | $524,790 | $972,192 | +$447,402 |
| BLV VANGUARD BD INDEX FDS | United States | LONG TERM BOND · Call | 12,200 | 18,800 | +6,600 | $848,144 | $1,293,064 | +$444,920 |
| SSD SIMPSON MFG INC | United States | COM · Call | 10,000 | 12,000 | +2,000 | $1,614,700 | $2,059,440 | +$444,740 |
| AMTM AMENTUM HOLDINGS INC | United States | COM · Put | 179,178 | 182,200 | +3,022 | $5,196,162 | $4,751,776 | -$444,386 |
| FTV FORTIVE CORP | United States | COM · Call | 14,900 | 22,900 | +8,000 | $822,629 | $1,265,912 | +$443,283 |
| MMYT MAKEMYTRIP LIMITED MAURITIUS | India | SHS · Put | 8,000 | 29,500 | +21,500 | $656,960 | $1,100,055 | +$443,095 |
| MLI MUELLER INDS INC | United States | COM · Put | 3,000 | 7,100 | +4,100 | $344,400 | $786,680 | +$442,280 |
| DKS DICKS SPORTING GOODS INC | United States | COM · Put | 138,900 | 140,900 | +2,000 | $27,498,033 | $27,939,061 | +$441,028 |
| MFC MANULIFE FINL CORP | Canada | COM · Put | 11,900 | 25,300 | +13,400 | $431,732 | $871,332 | +$439,600 |
| BATRA ATLANTA BRAVES HLDGS INC | United States | COM SER A · Put | 7,300 | 15,900 | +8,600 | $310,177 | $749,685 | +$439,508 |
| CLDX CELLDEX THERAPEUTICS INC NEW | United States | COM NEW · Call | 13,000 | 24,900 | +11,900 | $353,080 | $789,828 | +$436,748 |
| GRANITESHARES ETF TR CUSIP 38747R652 | — | 2X LONG TSM DAIL · Call | 21,400 | 27,200 | +5,800 | $937,962 | $1,372,784 | +$434,822 |
| UPBD UPBOUND GROUP INC | United States | COM · Call | 26,500 | 49,800 | +23,300 | $465,340 | $898,890 | +$433,550 |
| INVESTMENT MANAGERS SER TR I CUSIP 46144X115 | — | TRADR 1.5X SHORT · Call | 7,156 | 21,400 | +14,244 | $200,440 | $633,695 | +$433,255 |
| CIBR FIRST TR EXCHANGE-TRADED FD | United States | NASDAQ CYB ETF · Put | 3,600 | 11,000 | +7,400 | $257,220 | $689,480 | +$432,260 |
| ALGT ALLEGIANT TRAVEL CO | United States | COM · Put | 16,600 | 22,800 | +6,200 | $1,415,482 | $1,847,712 | +$432,230 |
| GLOBAL X FDS CUSIP 37954Y236 | — | DATA CTR & DIGIT · Call | 65,200 | 75,400 | +10,200 | $1,375,720 | $1,806,584 | +$430,864 |
| NOVT NOVANTA INC | United States | COM · Call | 7,800 | 11,500 | +3,700 | $928,122 | $1,358,265 | +$430,143 |