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).
- NYT: Country of operation United States; Class CL A · Put; Shares 2025-12-31 15,900; Shares 2026-03-31 1,054,100.
- APH: Country of operation United States; Class CL A · Put; Shares 2025-12-31 523,300; Shares 2026-03-31 1,246,000.
- IYW: Country of operation United States; Class U.S. TECH ETF · Call; Shares 2025-12-31 30,400; Shares 2026-03-31 505,100.
- PYPL: Country of operation United States; Class COM · Call; Shares 2025-12-31 8,460,000; Shares 2026-03-31 9,057,200.
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 |
|---|---|---|---|---|---|---|---|---|
| NYT NEW YORK TIMES CO MTN BE | United States | CL A · Put | 15,900 | 1,054,100 | +1,038,200 | $1,103,778 | $88,259,793 | +$87,156,015 |
| APH AMPHENOL CORP | United States | CL A · Put | 523,300 | 1,246,000 | +722,700 | $70,718,762 | $157,432,100 | +$86,713,338 |
| IYW ISHARES TR | United States | U.S. TECH ETF · Call | 30,400 | 505,100 | +474,700 | $6,070,272 | $91,635,242 | +$85,564,970 |
| PYPL PAYPAL HLDGS INC | United States | COM · Call | 8,460,000 | 9,057,200 | +597,200 | $493,894,800 | $409,657,156 | -$84,237,644 |
| AAOI APPLIED OPTOELECTRONICS INC | United States | COM · Call | 396,800 | 1,159,200 | +762,400 | $13,832,448 | $98,056,728 | +$84,224,280 |
| GME GAMESTOP CORP | United States | CL A · Call | 12,110,400 | 14,191,300 | +2,080,900 | $243,176,832 | $326,967,552 | +$83,790,720 |
| AG FIRST MAJESTIC SILVER CORP | Canada | COM · Put | 3,119,100 | 6,312,300 | +3,193,200 | $51,964,206 | $135,588,204 | +$83,623,998 |
| ACN ACCENTURE PLC IRELAND | Ireland | SHS CLASS A · Call | 1,414,700 | 1,493,600 | +78,900 | $379,564,010 | $296,165,944 | -$83,398,066 |
| NOW SERVICENOW INC | United States | COM · Call | 3,677,500 | 4,598,100 | +920,600 | $563,356,225 | $480,731,355 | -$82,624,870 |
| DVN DEVON ENERGY CORP NEW | United States | COM · Call | 2,132,400 | 3,178,000 | +1,045,600 | $78,109,812 | $159,916,960 | +$81,807,148 |
| KRE SPDR SERIES TRUST | United States | STATE STREET SPD · Call | 3,705,600 | 4,934,900 | +1,229,300 | $240,159,936 | $321,508,735 | +$81,348,799 |
| TTD THE TRADE DESK INC | United States | COM CL A · Call | 5,517,800 | 5,757,000 | +239,200 | $209,455,688 | $130,626,330 | -$78,829,358 |
| MTUM ISHARES TR | United States | MSCI USA MMENTM · Put | 94,100 | 422,700 | +328,600 | $23,554,171 | $101,443,773 | +$77,889,602 |
| HUM HUMANA INC | United States | COM · Call | 1,009,900 | 1,044,900 | +35,000 | $258,665,687 | $181,175,211 | -$77,490,476 |
| EOG EOG RES INC | United States | COM · Call | 469,100 | 875,600 | +406,500 | $49,260,191 | $126,585,492 | +$77,325,301 |
| BAC BANK AMERICA CORP | United States | COM · Call | 8,810,400 | 11,519,100 | +2,708,700 | $484,572,000 | $561,556,125 | +$76,984,125 |
| TPL TEXAS PACIFIC LAND CORPORATI | United States | COM · Call | 54,600 | 193,800 | +139,200 | $15,682,212 | $91,969,728 | +$76,287,516 |
| ASHR DBX ETF TR | United States | XTRACK HRVST CSI · Call | 561,600 | 2,882,500 | +2,320,900 | $18,448,560 | $94,084,800 | +$75,636,240 |
| BMY BRISTOL-MYERS SQUIBB CO | United States | COM · Call | 3,997,600 | 4,782,000 | +784,400 | $215,630,544 | $290,028,300 | +$74,397,756 |
| RTX RTX CORPORATION | United States | COM · Put | 997,400 | 1,332,900 | +335,500 | $182,923,160 | $257,116,410 | +$74,193,250 |
| JPM JPMORGAN CHASE & CO | United States | COM · Call | 5,429,000 | 5,695,700 | +266,700 | $1,749,332,380 | $1,675,447,112 | -$73,885,268 |
| UTHR UNITED THERAPEUTICS CORP DEL | United States | COM · Put | 50,000 | 163,800 | +113,800 | $24,362,500 | $97,130,124 | +$72,767,624 |
| HII HUNTINGTON INGALLS INDS INC | United States | COM · Call | 53,600 | 239,400 | +185,800 | $18,227,752 | $90,948,060 | +$72,720,308 |
| KLAC KLA CORP | United States | COM NEW · Call | 140,600 | 165,200 | +24,600 | $170,840,248 | $243,242,132 | +$72,401,884 |
| CRCL CIRCLE INTERNET GROUP INC | United States | COM CL A · Put | 3,552,500 | 3,707,800 | +155,300 | $281,713,250 | $353,761,198 | +$72,047,948 |
| MPC MARATHON PETE CORP | United States | COM · Call | 227,200 | 445,200 | +218,000 | $36,949,536 | $108,708,936 | +$71,759,400 |
| DUK DUKE ENERGY CORP NEW | United States | COM NEW · Call | 390,100 | 893,700 | +503,600 | $45,723,621 | $117,021,078 | +$71,297,457 |
| AMZN AMAZON COM INC | United States | COM · Call | 23,200,200 | 25,370,500 | +2,170,300 | $5,355,070,164 | $5,283,914,035 | -$71,156,129 |
| CEG CONSTELLATION ENERGY CORP | United States | COM · Put | 1,260,600 | 1,344,300 | +83,700 | $445,332,162 | $375,395,775 | -$69,936,387 |
| UTHR UNITED THERAPEUTICS CORP DEL | United States | COM · Call | 68,500 | 173,400 | +104,900 | $33,376,625 | $102,822,732 | +$69,446,107 |
| ESLT ELBIT SYS LTD | Israel | ORD · Put | 24,100 | 97,800 | +73,700 | $13,922,811 | $83,041,002 | +$69,118,191 |
| FSLY FASTLY INC | United States | CL A · Put | 321,100 | 2,480,200 | +2,159,100 | $3,268,798 | $72,074,612 | +$68,805,814 |
| BA BOEING CO | United States | COM · Call | 4,620,277 | 4,698,883 | +78,606 | $1,003,154,542 | $935,218,683 | -$67,935,859 |
| GILD GILEAD SCIENCES INC | United States | COM · Call | 1,130,500 | 1,481,200 | +350,700 | $138,757,570 | $206,434,844 | +$67,677,274 |
| VZ VERIZON COMMUNICATIONS INC | United States | COM · Put | 5,449,400 | 5,728,400 | +279,000 | $221,954,062 | $287,565,680 | +$65,611,618 |
| MO ALTRIA GROUP INC | United States | COM · Call | 1,593,500 | 2,382,200 | +788,700 | $91,881,210 | $157,201,378 | +$65,320,168 |
| XLY SELECT SECTOR SPDR TR | United States | STATE STREET CON · Put | 2,178,800 | 2,971,700 | +792,900 | $260,170,508 | $323,855,866 | +$63,685,358 |
| DIREXION SHARES ETF TRUST CUSIP 25461A387 | — | DAILY MSCI SOUTH · Put | 5,100 | 226,900 | +221,800 | $926,211 | $64,466,828 | +$63,540,617 |
| AAOI APPLIED OPTOELECTRONICS INC | United States | COM · Put | 388,500 | 911,100 | +522,600 | $13,543,110 | $77,069,949 | +$63,526,839 |
| PANW PALO ALTO NETWORKS INC | United States | COM · Call | 2,361,500 | 3,107,580 | +746,080 | $434,988,300 | $498,207,226 | +$63,218,926 |
| COPX GLOBAL X FDS | United States | GLOBAL X COPPER · Call | 306,300 | 1,114,200 | +807,900 | $21,989,277 | $85,069,170 | +$63,079,893 |
| AXP AMERICAN EXPRESS CO | United States | COM · Call | 755,400 | 1,132,200 | +376,800 | $279,460,230 | $342,467,856 | +$63,007,626 |
| T AT&T INC | United States | COM · Put | 3,108,600 | 4,835,600 | +1,727,000 | $77,217,624 | $140,184,044 | +$62,966,420 |
| HAL HALLIBURTON CO | United States | COM · Call | 2,021,600 | 3,079,900 | +1,058,300 | $57,130,416 | $120,085,301 | +$62,954,885 |
| HL HECLA MINING COMPANY | United States | COM · Put | 1,114,600 | 4,498,100 | +3,383,500 | $21,389,174 | $83,799,603 | +$62,410,429 |
| LUV SOUTHWEST AIRLS CO | United States | COM · Put | 1,194,400 | 2,958,400 | +1,764,000 | $49,364,552 | $111,147,088 | +$61,782,536 |
| CMCSA COMCAST CORP NEW | United States | CL A · Call | 3,934,500 | 6,239,100 | +2,304,600 | $117,602,205 | $179,124,561 | +$61,522,356 |
| VGT VANGUARD WORLD FD | United States | INF TECH ETF · Call | 105,700 | 202,100 | +96,400 | $79,674,546 | $141,009,212 | +$61,334,666 |
| KEYS KEYSIGHT TECHNOLOGIES INC | United States | COM · Put | 30,900 | 239,300 | +208,400 | $6,278,571 | $67,571,141 | +$61,292,570 |
| HDV ISHARES TR | United States | CORE HIGH DV ETF · Call | 456,000 | 859,700 | +403,700 | $55,454,160 | $116,678,484 | +$61,224,324 |
| SLB SLB LIMITED | France | COM STK · Put | 2,836,247 | 3,308,400 | +472,153 | $108,855,160 | $170,018,676 | +$61,163,516 |
| EQT EQT CORP | United States | COM · Call | 2,019,900 | 2,654,700 | +634,800 | $108,266,640 | $168,945,108 | +$60,678,468 |
| GDXJ VANECK ETF TRUST | United States | JUNIOR GOLD MINE · Put | 548,300 | 1,024,000 | +475,700 | $62,385,574 | $122,920,960 | +$60,535,386 |
| COP CONOCOPHILLIPS | United States | COM · Put | 1,025,750 | 1,184,325 | +158,575 | $96,020,458 | $156,330,900 | +$60,310,442 |
| ONDS ONDAS INC | United States | COM NEW · Put | 2,075,000 | 8,772,100 | +6,697,100 | $20,252,000 | $79,299,784 | +$59,047,784 |
| SILJ AMPLIFY ETF TR | United States | AMPLIFY JUNIOR S · Put | 1,219,500 | 3,117,300 | +1,897,800 | $33,743,565 | $92,646,156 | +$58,902,591 |
| SATS ECHOSTAR CORP | United States | CL A · Put | 1,406,700 | 1,798,265 | +391,565 | $152,908,290 | $210,522,884 | +$57,614,594 |
| AEIS ADVANCED ENERGY INDS | United States | COM · Call | 47,700 | 208,900 | +161,200 | $9,986,949 | $67,414,119 | +$57,427,170 |
| PROSHARES TR II CUSIP 74347Y680 | United States | ULTRA VIX SHORT · Call | 561,356 | 1,481,640 | +920,284 | $20,169,521 | $77,489,772 | +$57,320,251 |
| SMCI SUPER MICRO COMPUTER INC | United States | COM NEW · Call | 10,380,000 | 10,838,500 | +458,500 | $303,822,600 | $246,792,645 | -$57,029,955 |
| COF CAPITAL ONE FINL CORP | United States | COM · Call | 1,019,280 | 1,049,531 | +30,251 | $247,032,701 | $191,465,940 | -$55,566,761 |
| GWW WW GRAINGER INC | United States | COM · Call | 52,000 | 98,600 | +46,600 | $52,470,600 | $107,553,866 | +$55,083,266 |
| MPC MARATHON PETE CORP | United States | COM · Put | 161,200 | 327,300 | +166,100 | $26,215,956 | $79,920,114 | +$53,704,158 |
| AG FIRST MAJESTIC SILVER CORP | Canada | COM · Call | 2,411,900 | 4,344,500 | +1,932,600 | $40,182,254 | $93,319,860 | +$53,137,606 |
| AAL AMERICAN AIRLINES GROUP INC | United States | COM · Put | 14,436,600 | 15,675,800 | +1,239,200 | $221,313,078 | $168,358,092 | -$52,954,986 |
| MA MASTERCARD INCORPORATED | United States | CL A · Put | 449,100 | 618,500 | +169,400 | $256,382,208 | $309,039,710 | +$52,657,502 |
| CRM SALESFORCE INC | United States | COM · Call | 3,805,900 | 5,678,900 | +1,873,000 | $1,008,220,969 | $1,060,080,263 | +$51,859,294 |
| LYB LYONDELLBASELL INDUSTRIES NV | Netherlands | SHS - A - · Call | 511,600 | 912,500 | +400,900 | $22,152,280 | $73,511,000 | +$51,358,720 |
| ITA ISHARES TR | United States | US AER DEF ETF · Put | 31,200 | 263,700 | +232,500 | $6,698,328 | $57,684,375 | +$50,986,047 |
| VXX BARCLAYS BANK PLC | United Kingdom | IPATH S&P 500 SH · Put | 402,625 | 1,716,400 | +1,313,775 | $10,657,484 | $61,275,480 | +$50,617,996 |
| AEIS ADVANCED ENERGY INDS | United States | COM · Put | 9,100 | 160,200 | +151,100 | $1,905,267 | $51,698,142 | +$49,792,875 |
| VRSK VERISK ANALYTICS INC | United States | COM · Call | 24,100 | 289,500 | +265,400 | $5,390,929 | $54,932,625 | +$49,541,696 |
| MGK VANGUARD WORLD FD | United States | MEGA GRWTH IND · Call | 12,600 | 142,300 | +129,700 | $5,200,902 | $52,286,712 | +$47,085,810 |
| TLN TALEN ENERGY CORP | United States | COM · Put | 246,000 | 436,100 | +190,100 | $92,210,640 | $139,216,203 | +$47,005,563 |
| ULTA ULTA BEAUTY INC | United States | COM · Call | 284,400 | 418,500 | +134,100 | $172,064,844 | $218,754,135 | +$46,689,291 |
| MDB MONGODB INC | United States | CL A · Call | 969,700 | 1,472,500 | +502,800 | $406,973,393 | $360,423,825 | -$46,549,568 |
| BRK.B BERKSHIRE HATHAWAY INC DEL | United States | CL B NEW · Put | 1,156,500 | 1,310,200 | +153,700 | $581,314,725 | $627,847,840 | +$46,533,115 |
| KRE SPDR SERIES TRUST | United States | STATE STREET SPD · Put | 4,879,200 | 5,567,800 | +688,600 | $316,220,952 | $362,742,170 | +$46,521,218 |
| DUOL DUOLINGO INC | United States | CL A COM · Put | 713,200 | 800,500 | +87,300 | $125,166,600 | $78,905,285 | -$46,261,315 |
| ONDS ONDAS INC | United States | COM NEW · Call | 6,343,600 | 11,950,300 | +5,606,700 | $61,913,536 | $108,030,712 | +$46,117,176 |
| AKAM AKAMAI TECHNOLOGIES INC | United States | COM · Put | 105,800 | 480,600 | +374,800 | $9,231,050 | $55,196,910 | +$45,965,860 |
| CF CF INDUSTRIES HOLD | United States | COM · Call | 451,200 | 618,700 | +167,500 | $34,895,808 | $80,332,008 | +$45,436,200 |
| HE HAWAIIAN ELEC INDS INC MTN B | United States | COM · Put | 872,900 | 3,769,800 | +2,896,900 | $10,736,670 | $55,943,832 | +$45,207,162 |
| ITA ISHARES TR | United States | US AER DEF ETF · Call | 47,400 | 250,000 | +202,600 | $10,176,306 | $54,687,500 | +$44,511,194 |
| ENTG ENTEGRIS INC | United States | COM · Call | 152,300 | 488,900 | +336,600 | $12,831,275 | $57,318,636 | +$44,487,361 |
| CEG CONSTELLATION ENERGY CORP | United States | COM · Call | 915,400 | 999,500 | +84,100 | $323,383,358 | $279,110,375 | -$44,272,983 |
| COHR COHERENT CORP | United States | COM · Put | 471,000 | 550,700 | +79,700 | $86,932,470 | $131,182,247 | +$44,249,777 |
| EWJ ISHARES INC | United States | MSCI JAPAN ETF · Call | 1,201,200 | 1,670,600 | +469,400 | $96,984,888 | $141,065,464 | +$44,080,576 |
| KO COCA COLA CO | United States | COM · Put | 2,958,400 | 3,291,200 | +332,800 | $206,821,744 | $250,295,760 | +$43,474,016 |
| CLX CLOROX CO DEL | United States | COM · Call | 69,000 | 481,700 | +412,700 | $6,957,270 | $49,918,571 | +$42,961,301 |
| BX BLACKSTONE INC | United States | COM · Put | 1,935,900 | 2,221,600 | +285,700 | $298,399,626 | $255,461,784 | -$42,937,842 |
| VSAT VIASAT INC | United States | COM · Call | 228,300 | 1,100,900 | +872,600 | $7,867,218 | $50,421,220 | +$42,554,002 |
| AKAM AKAMAI TECHNOLOGIES INC | United States | COM · Call | 606,400 | 829,900 | +223,500 | $52,908,400 | $95,314,015 | +$42,405,615 |
| INTU INTUIT | United States | COM · Call | 659,300 | 1,107,700 | +448,400 | $436,733,506 | $478,947,326 | +$42,213,820 |
| SPROTT FDS TR CUSIP 85208P873 | — | SILVER MINERS · Call | 46,300 | 754,200 | +707,900 | $2,583,540 | $44,633,556 | +$42,050,016 |
| FLY FIREFLY AEROSPACE INC | United States | COM · Call | 286,400 | 1,696,300 | +1,409,900 | $6,406,768 | $48,293,661 | +$41,886,893 |
| DAL DELTA AIR LINES INC | United States | COM NEW · Call | 4,889,000 | 5,730,500 | +841,500 | $339,296,600 | $380,963,640 | +$41,667,040 |
| WMB WILLIAMS COS INC | United States | COM · Call | 592,700 | 1,056,300 | +463,600 | $35,627,197 | $76,877,514 | +$41,250,317 |
| MDLN MEDLINE INC | United States | COM CL A · Call | 248,700 | 1,160,900 | +912,200 | $10,445,400 | $51,660,050 | +$41,214,650 |
| FTAI FTAI AVIATION LTD | United States | SHS · Call | 118,700 | 263,000 | +144,300 | $23,366,095 | $64,435,000 | +$41,068,905 |