CITADEL ADVISORS LLC quarter change: USA Options, New
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).
- LZB: Country of operation United States; Class COM · Put; Shares 2025-12-31 0; Shares 2026-03-31 11,100.
- BELFB: Country of operation United States; Class CL B · Put; Shares 2025-12-31 0; Shares 2026-03-31 1,800.
- VANECK ETF TRUST: Country of operation United States; Class AGRIBUSINESS ETF · Call; Shares 2025-12-31 0; Shares 2026-03-31 4,200.
- INVESTMENT MANAGERS SER TR I: Country of operation —; Class TRADR 2X LONG · Put; Shares 2025-12-31 0; Shares 2026-03-31 11,400.
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 |
|---|---|---|---|---|---|---|---|---|
| LZB LA Z BOY INC | United States | COM · Put | 0 | 11,100 | +11,100 | $0 | $356,754 | +$356,754 |
| BELFB BEL FUSE INC | United States | CL B · Put | 0 | 1,800 | +1,800 | $0 | $356,364 | +$356,364 |
| VANECK ETF TRUST CUSIP 92189F700 | United States | AGRIBUSINESS ETF · Call | 0 | 4,200 | +4,200 | $0 | $354,900 | +$354,900 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D681 | — | TRADR 2X LONG · Put | 0 | 11,400 | +11,400 | $0 | $354,198 | +$354,198 |
| TNXP TONIX PHARMACEUTICALS HLDG C | United States | COM NEW · Call | 0 | 25,700 | +25,700 | $0 | $353,375 | +$353,375 |
| SPTL SPDR SERIES TRUST | United States | STATE STREET SPD · Put | 0 | 13,400 | +13,400 | $0 | $352,420 | +$352,420 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33733E401 | — | NASDAQ 100 EX · Call | 0 | 3,600 | +3,600 | $0 | $351,449 | +$351,449 |
| VXF VANGUARD INDEX FDS | United States | EXTEND MKT ETF · Put | 0 | 1,700 | +1,700 | $0 | $349,860 | +$349,860 |
| FORWARD INDUSTRIES INC CUSIP 349932103 | United States | COM NEW · Call | 0 | 78,700 | +78,700 | $0 | $348,641 | +$348,641 |
| INVESCO EXCH TRADED FD TR II CUSIP 46138E370 | — | S&P 500 HB ETF · Put | 0 | 3,000 | +3,000 | $0 | $347,850 | +$347,850 |
| OFRM ONCE UPON A FARM PBC | United States | COM · Put | 0 | 21,200 | +21,200 | $0 | $346,620 | +$346,620 |
| VIGI VANGUARD WHITEHALL FDS | United States | INTL DVD ETF · Call | 0 | 3,900 | +3,900 | $0 | $344,994 | +$344,994 |
| TIDAL TRUST II CUSIP 88636Y888 | — | DEFIANCE DAILY T · Call | 0 | 26,425 | +26,425 | $0 | $344,846 | +$344,846 |
| IPGP IPG PHOTONICS CORP | United States | COM · Put | 0 | 3,000 | +3,000 | $0 | $343,770 | +$343,770 |
| TIDAL TRUST II CUSIP 88636W247 | — | DEFIANCE DAILY T · Put | 0 | 13,800 | +13,800 | $0 | $343,620 | +$343,620 |
| ENOV ENOVIS CORPORATION | United States | COM · Call | 0 | 15,100 | +15,100 | $0 | $343,525 | +$343,525 |
| EPC EDGEWELL PERSONAL CARE CO | United States | COM · Put | 0 | 16,000 | +16,000 | $0 | $341,440 | +$341,440 |
| SPROTT FDS TR CUSIP 85208P865 | — | ACTIVE GOLD & SI · Call | 0 | 7,500 | +7,500 | $0 | $340,810 | +$340,810 |
| REG REGENCY CTRS CORP | United States | COM · Call | 0 | 4,500 | +4,500 | $0 | $340,470 | +$340,470 |
| CNVS CINEVERSE CORP | United States | COM CL A · Call | 0 | 141,600 | +141,600 | $0 | $339,840 | +$339,840 |
| RYTM RHYTHM PHARMACEUTICALS INC | United States | COM · Put | 0 | 3,900 | +3,900 | $0 | $339,183 | +$339,183 |
| AVEM AMERICAN CENTY ETF TR | United States | AVANTIS EMGMKT · Call | 0 | 4,200 | +4,200 | $0 | $338,436 | +$338,436 |
| PROSHARES TR CUSIP 74349Y712 | — | ULTRASHORT MSCI · Call | 0 | 15,000 | +15,000 | $0 | $338,030 | +$338,030 |
| INGR INGREDION INC | United States | COM · Put | 0 | 3,000 | +3,000 | $0 | $337,980 | +$337,980 |
| VOLATILITY SHS TR CUSIP 92865J729 | — | 2X XRP ETF · Put | 0 | 8,375 | +8,375 | $0 | $337,122 | +$337,122 |
| INVESCO EXCH TRADED FD TR II CUSIP 46138E370 | — | S&P 500 HB ETF · Call | 0 | 2,900 | +2,900 | $0 | $336,255 | +$336,255 |
| OM OUTSET MED INC | United States | COM NEW · Call | 0 | 87,500 | +87,500 | $0 | $336,000 | +$336,000 |
| ARKO ARKO CORP | United States | COM · Put | 0 | 60,400 | +60,400 | $0 | $335,824 | +$335,824 |
| CMCO COLUMBUS MCKINNON CORP N Y | United States | COM · Put | 0 | 23,100 | +23,100 | $0 | $335,643 | +$335,643 |
| TIDAL TRUST II CUSIP 88636W239 | — | DEFIANCE DAILY T · Put | 0 | 39,200 | +39,200 | $0 | $334,768 | +$334,768 |
| CALAMOS ETF TR CUSIP 12811T571 | — | AUTOCALLABLE INC · Call | 0 | 13,200 | +13,200 | $0 | $331,848 | +$331,848 |
| NSIT INSIGHT ENTERPRISES INC | United States | COM · Put | 0 | 4,900 | +4,900 | $0 | $328,349 | +$328,349 |
| FEIM FREQUENCY ELECTRS INC | United States | COM · Put | 0 | 7,400 | +7,400 | $0 | $327,524 | +$327,524 |
| FULT FULTON FINL CORP PA | United States | COM · Call | 0 | 16,100 | +16,100 | $0 | $327,474 | +$327,474 |
| UA UNDER ARMOUR INC | United States | CL C · Call | 0 | 56,500 | +56,500 | $0 | $327,135 | +$327,135 |
| VPG VISHAY PRECISION GROUP INC | United States | COM · Put | 0 | 7,500 | +7,500 | $0 | $325,650 | +$325,650 |
| SPROTT FDS TR CUSIP 85208P881 | — | COPPER MINER ETF · Put | 0 | 9,100 | +9,100 | $0 | $325,052 | +$325,052 |
| XRP BITWISE XRP ETF | United States | BENEFICIAL INT · Call | 0 | 21,600 | +21,600 | $0 | $324,648 | +$324,648 |
| GRAYSCALE DOGECOIN TR ETF CUSIP 389923103 | — | SHS · Call | 0 | 29,900 | +29,900 | $0 | $323,219 | +$323,219 |
| TBPH THERAVANCE BIOPHARMA INC | Cayman Islands | COM · Call | 0 | 19,900 | +19,900 | $0 | $322,977 | +$322,977 |
| WS WORTHINGTON STL INC | United States | COM SHS · Call | 0 | 10,600 | +10,600 | $0 | $321,710 | +$321,710 |
| VANECK ETF TRUST CUSIP 92189F205 | — | STEEL ETF · Call | 0 | 3,500 | +3,500 | $0 | $321,335 | +$321,335 |
| VYMI VANGUARD WHITEHALL FDS | United States | INTL HIGH ETF · Put | 0 | 3,400 | +3,400 | $0 | $320,416 | +$320,416 |
| SPROTT FDS TR CUSIP 85208P501 | — | JR COPPER MINERS · Put | 0 | 8,200 | +8,200 | $0 | $319,554 | +$319,554 |
| FNDE SCHWAB STRATEGIC TR | United States | FUNDAMENTAL EMER · Put | 0 | 8,300 | +8,300 | $0 | $317,558 | +$317,558 |
| SMLF ISHARES TR | United States | US SML CAP EQT · Call | 0 | 4,200 | +4,200 | $0 | $317,058 | +$317,058 |
| AQN ALGONQUIN POWER & UTILITIES | Canada | COM · Call | 0 | 51,600 | +51,600 | $0 | $316,824 | +$316,824 |
| VIA VIA TRANSN INC | United States | COM CL A · Put | 0 | 21,100 | +21,100 | $0 | $316,500 | +$316,500 |
| GRANITESHARES ETF TR CUSIP 38747R694 | — | 2X LONG UBER · Call | 0 | 20,100 | +20,100 | $0 | $315,747 | +$315,747 |
| DIREXION SHARES ETF TRUST CUSIP 25459Y801 | — | DAILY CONSUMER D · Call | 0 | 8,700 | +8,700 | $0 | $315,549 | +$315,549 |
| XSW SPDR SERIES TRUST | United States | STATE STREET SPD · Put | 0 | 2,200 | +2,200 | $0 | $313,038 | +$313,038 |
| ACCO ACCO BRANDS CORP | United States | COM · Put | 0 | 104,200 | +104,200 | $0 | $312,600 | +$312,600 |
| VANGUARD WORLD FD CUSIP 92204A603 | United States | INDUSTRIAL ETF · Put | 0 | 1,000 | +1,000 | $0 | $312,220 | +$312,220 |
| DIREXION SHARES ETF TRUST CUSIP 25461A171 | — | DAILY JUNIOR GOL · Put | 0 | 8,965 | +8,965 | $0 | $311,175 | +$311,175 |
| TIDAL TRUST II CUSIP 88636Y102 | — | DEFIANCE DAILY T · Call | 0 | 21,100 | +21,100 | $0 | $310,381 | +$310,381 |
| THEMES ETF TR CUSIP 882927585 | — | LEVERAGE SHARES · Put | 0 | 11,200 | +11,200 | $0 | $308,971 | +$308,971 |
| INGM INGRAM MICRO HLDG CORP | United States | COM · Call | 0 | 13,200 | +13,200 | $0 | $307,692 | +$307,692 |
| CSTL CASTLE BIOSCIENCES INC | United States | COM · Put | 0 | 12,500 | +12,500 | $0 | $306,875 | +$306,875 |
| FRANKLIN XRP TRUST CUSIP 355233107 | — | FRANKLIN XRP ETF · Put | 0 | 21,000 | +21,000 | $0 | $306,390 | +$306,390 |
| NGNE NEUROGENE INC | Canada | COM · Call | 0 | 15,100 | +15,100 | $0 | $304,416 | +$304,416 |
| DOO BRP INC | Canada | COM SUN VTG · Call | 0 | 4,200 | +4,200 | $0 | $301,602 | +$301,602 |
| BIOA BIOAGE LABS INC | United States | COM · Put | 0 | 17,200 | +17,200 | $0 | $300,828 | +$300,828 |
| CALF PACER FDS TR | United States | US SMALL CAP CAS · Call | 0 | 6,700 | +6,700 | $0 | $300,629 | +$300,629 |
| HLNE HAMILTON LANE INC | United States | CL A · Call | 0 | 3,000 | +3,000 | $0 | $298,200 | +$298,200 |
| ABM ABM INDS INC | United States | COM · Call | 0 | 7,700 | +7,700 | $0 | $296,604 | +$296,604 |
| PLSE PULSE BIOSCIENCES INC | United States | COM · Call | 0 | 13,700 | +13,700 | $0 | $295,783 | +$295,783 |
| FIRST TR EXCHANGE-TRADED ALP CUSIP 33735J101 | — | COM SHS · Call | 0 | 3,200 | +3,200 | $0 | $295,520 | +$295,520 |
| ROUNDHILL ETF TRUST CUSIP 77926X767 | — | COIN WEEKLYPAY E · Call | 0 | 24,200 | +24,200 | $0 | $295,240 | +$295,240 |
| HTFL HEARTFLOW INC | United States | COM · Put | 0 | 12,100 | +12,100 | $0 | $294,393 | +$294,393 |
| VCSH VANGUARD SCOTTSDALE FDS | United States | SHRT TRM CORP BD · Put | 0 | 3,700 | +3,700 | $0 | $293,299 | +$293,299 |
| THEMES ETF TR CUSIP 882927676 | — | LEVERAGE SHARES · Put | 0 | 21,100 | +21,100 | $0 | $291,986 | +$291,986 |
| FTRE FORTREA HLDGS INC | United States | COMMON STOCK · Call | 0 | 30,900 | +30,900 | $0 | $291,078 | +$291,078 |
| TFSL TFS FINL CORP | United States | COM · Call | 0 | 20,600 | +20,600 | $0 | $289,430 | +$289,430 |
| INVESTMENT MANAGERS SER TR I CUSIP 46152A544 | — | TRADR 2X LONG · Put | 0 | 19,267 | +19,267 | $0 | $287,464 | +$287,464 |
| USLM UNITED STS LIME & MINERALS I | United States | COM · Call | 0 | 2,200 | +2,200 | $0 | $287,342 | +$287,342 |
| MPB MID PENN BANCORP INC | United States | COM · Call | 0 | 8,900 | +8,900 | $0 | $286,224 | +$286,224 |
| UNITED STS COMMODITY INDEX F CUSIP 911717106 | — | COMM IDX FND · Call | 0 | 3,000 | +3,000 | $0 | $285,952 | +$285,952 |
| ISHARES TR CUSIP 46432F834 | United States | CORE MSCI TOTAL · Put | 0 | 3,300 | +3,300 | $0 | $285,912 | +$285,912 |
| WERN WERNER ENTERPRISES INC | United States | COM · Put | 0 | 9,700 | +9,700 | $0 | $285,277 | +$285,277 |
| GEVO GEVO INC | United States | COM PAR · Put | 0 | 104,300 | +104,300 | $0 | $284,739 | +$284,739 |
| GABC GERMAN AMERN BANCORP INC | United States | COM · Call | 0 | 6,800 | +6,800 | $0 | $284,172 | +$284,172 |
| INVESTMENT MANAGERS SER TR I CUSIP 46092D368 | — | TRADR 2X LONG CL · Call | 0 | 21,300 | +21,300 | $0 | $282,438 | +$282,438 |
| ASB ASSOCIATED BANC-CORP | United States | COM · Call | 0 | 10,900 | +10,900 | $0 | $281,874 | +$281,874 |
| STEALTHGAS INC CUSIP Y81669106 | — | SHS · Call | 0 | 30,700 | +30,700 | $0 | $281,826 | +$281,826 |
| FIDELITY COVINGTON TRUST CUSIP 316092840 | United States | HIGH DIVID ETF · Put | 0 | 5,100 | +5,100 | $0 | $281,724 | +$281,724 |
| NSIT INSIGHT ENTERPRISES INC | United States | COM · Call | 0 | 4,200 | +4,200 | $0 | $281,442 | +$281,442 |
| VELO3D INC CUSIP 92259N302 | United States | COM NEW · Call | 0 | 29,900 | +29,900 | $0 | $280,761 | +$280,761 |
| GOLF ACUSHNET HLDGS CORP | United States | COM · Put | 0 | 3,000 | +3,000 | $0 | $280,440 | +$280,440 |
| SXI STANDEX INTL CORP | United States | COM · Call | 0 | 1,100 | +1,100 | $0 | $280,346 | +$280,346 |
| SXI STANDEX INTL CORP | United States | COM · Put | 0 | 1,100 | +1,100 | $0 | $280,346 | +$280,346 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N553 | — | TAPPALPHA SPY GR · Put | 0 | 12,100 | +12,100 | $0 | $280,115 | +$280,115 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N439 | — | REX CRYPTO EQUIT · Put | 0 | 9,800 | +9,800 | $0 | $279,053 | +$279,053 |
| FNDF SCHWAB STRATEGIC TR | United States | FUNDAMENTAL INTL · Call | 0 | 5,700 | +5,700 | $0 | $278,901 | +$278,901 |
| FIRST TR EXCHANGE TRADED FD CUSIP 33738R308 | United States | BUYWRIT INCM ETF · Put | 0 | 12,100 | +12,100 | $0 | $277,695 | +$277,695 |
| HG HAMILTON INSURANCE GROUP LTD | Bermuda | CL B · Call | 0 | 9,300 | +9,300 | $0 | $277,419 | +$277,419 |
| GTY GETTY RLTY CORP NEW | United States | COM · Put | 0 | 8,700 | +8,700 | $0 | $276,660 | +$276,660 |
| HWKN HAWKINS INC | United States | COM · Put | 0 | 1,800 | +1,800 | $0 | $276,480 | +$276,480 |
| FMAO FARMERS & MERCHANTS BANCORP | United States | COM · Put | 0 | 10,700 | +10,700 | $0 | $274,669 | +$274,669 |
| DIREXION SHARES ETF TRUST CUSIP 25459W565 | — | DAILY 710 YEAR T · Call | 0 | 11,200 | +11,200 | $0 | $274,512 | +$274,512 |
| WASH WASHINGTON TR BANCORP INC | United States | COM · Call | 0 | 8,200 | +8,200 | $0 | $274,372 | +$274,372 |