CITADEL ADVISORS LLC quarter change: USA Options, Reduced
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).
- QURE: Country of operation Netherlands; Class SHS · Put; Shares 2025-12-31 483,200; Shares 2026-03-31 470,500.
- KDP: Country of operation United States; Class COM · Call; Shares 2025-12-31 665,900; Shares 2026-03-31 561,500.
- PPIH: Country of operation United States; Class COM · Call; Shares 2025-12-31 141,400; Shares 2026-03-31 14,700.
- Q: Country of operation United States; Class COMMON STOCK · Call; Shares 2025-12-31 348,950; Shares 2026-03-31 280,300.
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 |
|---|---|---|---|---|---|---|---|---|
| QURE UNIQURE NV | Netherlands | SHS · Put | 483,200 | 470,500 | -12,700 | $11,562,976 | $7,692,675 | -$3,870,301 |
| KDP KEURIG DR PEPPER INC | United States | COM · Call | 665,900 | 561,500 | -104,400 | $18,651,859 | $14,784,295 | -$3,867,564 |
| PPIH PERMA-PIPE INTL HLDGS INC | United States | COM · Call | 141,400 | 14,700 | -126,700 | $4,292,904 | $438,207 | -$3,854,697 |
| Q QNITY ELECTRONICS INC | United States | COMMON STOCK · Call | 348,950 | 280,300 | -68,650 | $28,491,768 | $32,341,014 | +$3,849,246 |
| HAL HALLIBURTON CO | United States | COM · Put | 3,614,200 | 2,520,900 | -1,093,300 | $102,137,292 | $98,289,891 | -$3,847,401 |
| IBKR INTERACTIVE BROKERS GROUP IN | United States | COM CL A · Call | 977,200 | 879,700 | -97,500 | $62,843,732 | $59,001,479 | -$3,842,253 |
| HRL HORMEL FOODS CORP | United States | COM · Put | 606,200 | 464,800 | -141,400 | $14,366,940 | $10,527,720 | -$3,839,220 |
| ARWR ARROWHEAD PHARMACEUTICALS IN | United States | COM · Call | 234,100 | 187,000 | -47,100 | $15,541,899 | $11,724,900 | -$3,816,999 |
| PLAY DAVE & BUSTERS ENTMT INC | United States | COM · Put | 295,600 | 90,400 | -205,200 | $4,791,676 | $979,032 | -$3,812,644 |
| CWAN CLEARWATER ANALYTICS HLDGS I | United States | CL A · Call | 238,300 | 81,900 | -156,400 | $5,747,796 | $1,936,935 | -$3,810,861 |
| MSM MSC INDL DIRECT INC | United States | CL A · Call | 62,200 | 15,400 | -46,800 | $5,231,020 | $1,420,958 | -$3,810,062 |
| MLTX MOONLAKE IMMUNOTHERAPEUTICS | Switzerland | CLASS A ORD · Put | 421,600 | 94,000 | -327,600 | $5,556,688 | $1,752,160 | -$3,804,528 |
| NSC NORFOLK SOUTHN CORP | United States | COM · Call | 57,000 | 44,100 | -12,900 | $16,457,040 | $12,656,700 | -$3,800,340 |
| PROSHARES TR CUSIP 74350P667 | — | ULTRASHRT S&P500 · Call | 93,400 | 34,680 | -58,720 | $6,396,966 | $2,609,670 | -$3,787,296 |
| CBRL CRACKER BARREL OLD CTRY STOR | United States | COM · Call | 511,100 | 327,200 | -183,900 | $12,981,940 | $9,197,592 | -$3,784,348 |
| EMN EASTMAN CHEM CO | United States | COM · Put | 98,600 | 33,200 | -65,400 | $6,293,638 | $2,533,824 | -$3,759,814 |
| BRKR BRUKER CORP | United States | COM · Call | 88,500 | 11,800 | -76,700 | $4,169,235 | $426,216 | -$3,743,019 |
| JLL JONES LANG LASALLE INC | United States | COM · Call | 17,800 | 7,400 | -10,400 | $5,989,166 | $2,251,968 | -$3,737,198 |
| IDCC INTERDIGITAL INC | United States | COM · Put | 51,300 | 41,800 | -9,500 | $16,332,894 | $12,623,600 | -$3,709,294 |
| ARK ETF TR CUSIP 00214Q708 | United States | BLOCKCHAIN & FIN · Put | 82,400 | 5,700 | -76,700 | $3,924,712 | $216,657 | -$3,708,055 |
| AVTR AVANTOR INC | United States | COM · Put | 367,000 | 63,500 | -303,500 | $4,205,820 | $497,840 | -$3,707,980 |
| SBLK STAR BULK CARRIERS CORP. | Greece | SHS PAR · Call | 344,200 | 127,100 | -217,100 | $6,615,524 | $2,919,487 | -$3,696,037 |
| SHW SHERWIN WILLIAMS CO | United States | COM · Put | 38,900 | 27,800 | -11,100 | $12,604,767 | $8,911,290 | -$3,693,477 |
| BTG B2GOLD CORP | Canada | COM · Put | 2,196,000 | 1,375,000 | -821,000 | $9,903,960 | $6,228,750 | -$3,675,210 |
| SH PROSHARES TR | United States | SHORT S&P 500 NE · Put | 748,800 | 614,400 | -134,400 | $26,979,264 | $23,304,192 | -$3,675,072 |
| S SENTINELONE INC | United States | CL A · Call | 784,000 | 628,300 | -155,700 | $11,760,000 | $8,092,504 | -$3,667,496 |
| YETI YETI HLDGS INC | United States | COM · Put | 101,600 | 22,800 | -78,800 | $4,487,672 | $834,252 | -$3,653,420 |
| KGS KODIAK GAS SVCS INC | United States | COM · Call | 165,100 | 43,300 | -121,800 | $6,174,740 | $2,525,256 | -$3,649,484 |
| ASAN ASANA INC | United States | CL A · Call | 388,600 | 266,100 | -122,500 | $5,327,706 | $1,703,040 | -$3,624,666 |
| PENG PENGUIN SOLUTIONS INC | United States | COM · Call | 259,600 | 83,600 | -176,000 | $5,077,776 | $1,471,360 | -$3,606,416 |
| GL GLOBE LIFE INC | United States | COM · Call | 103,000 | 77,600 | -25,400 | $14,405,580 | $10,799,592 | -$3,605,988 |
| IVZ INVESCO LTD | United States | SHS · Put | 207,800 | 76,400 | -131,400 | $5,458,906 | $1,855,756 | -$3,603,150 |
| HELE HELEN OF TROY LTD | Bermuda | COM · Call | 203,300 | 51,600 | -151,700 | $4,320,125 | $744,072 | -$3,576,053 |
| MTZ MASTEC INC | United States | COM · Put | 101,300 | 57,400 | -43,900 | $22,019,581 | $18,467,876 | -$3,551,705 |
| SYNA SYNAPTICS INC | United States | COM · Put | 58,400 | 11,200 | -47,200 | $4,322,768 | $784,448 | -$3,538,320 |
| XPO XPO INC | United States | COM · Put | 81,900 | 75,400 | -6,500 | $11,131,029 | $14,669,070 | +$3,538,041 |
| CVE CENOVUS ENERGY INC | Canada | COM · Put | 517,500 | 463,400 | -54,100 | $8,756,100 | $12,294,002 | +$3,537,902 |
| EEFT EURONET WORLDWIDE INC | United States | COM · Put | 57,200 | 12,300 | -44,900 | $4,353,492 | $816,351 | -$3,537,141 |
| CASY CASEYS GEN STORES INC | United States | COM · Put | 37,600 | 33,400 | -4,200 | $20,781,896 | $24,310,524 | +$3,528,628 |
| VRNS VARONIS SYS INC | United States | COM · Put | 140,600 | 50,800 | -89,800 | $4,611,680 | $1,090,676 | -$3,521,004 |
| DB DEUTSCHE BK AG | Germany | NAMEN AKT · Put | 249,500 | 204,900 | -44,600 | $9,620,720 | $6,101,922 | -$3,518,798 |
| DT DYNATRACE INC | United States | COM NEW · Put | 157,300 | 89,200 | -68,100 | $6,817,382 | $3,298,616 | -$3,518,766 |
| SF STIFEL FINL CORP | United States | COM · Call | 58,900 | 52,200 | -6,700 | $7,375,458 | $3,858,624 | -$3,516,834 |
| FXY INVESCO CURRENCYSHARES | United States | JAPANESE YEN · Put | 141,000 | 82,400 | -58,600 | $8,272,470 | $4,769,312 | -$3,503,158 |
| PROSHARES TR CUSIP 74349Y829 | — | ULTRASHORT QQQ · Call | 199,820 | 23,600 | -176,220 | $4,036,364 | $534,776 | -$3,501,588 |
| AMSC AMERICAN SUPERCONDUCTOR CORP | United States | SHS NEW · Call | 320,600 | 170,000 | -150,600 | $9,226,868 | $5,754,500 | -$3,472,368 |
| BWXT BWX TECHNOLOGIES INC | United States | COM · Put | 42,900 | 19,400 | -23,500 | $7,414,836 | $3,967,106 | -$3,447,730 |
| GSAT GLOBALSTAR INC | United States | COM NEW · Put | 200,543 | 132,507 | -68,036 | $12,241,145 | $8,801,115 | -$3,440,030 |
| RSVR RESERVOIR MEDIA INC | United States | COM · Call | 626,200 | 133,500 | -492,700 | $4,740,334 | $1,306,965 | -$3,433,369 |
| OLED UNIVERSAL DISPLAY CORP | United States | COM · Call | 55,300 | 33,200 | -22,100 | $6,457,934 | $3,043,112 | -$3,414,822 |
| FIDELITY ETHEREUM FD CUSIP 31613E103 | — | SHS · Put | 172,300 | 81,200 | -91,100 | $5,101,803 | $1,695,456 | -$3,406,347 |
| TVTX TRAVERE THERAPEUTICS INC | United States | COM · Call | 244,100 | 199,600 | -44,500 | $9,327,061 | $5,930,116 | -$3,396,945 |
| AX AXOS FINANCIAL INC | United States | COM · Put | 50,800 | 11,600 | -39,200 | $4,376,928 | $987,044 | -$3,389,884 |
| GRPN GROUPON INC | United States | COM NEW · Put | 292,500 | 148,900 | -143,600 | $5,150,925 | $1,771,910 | -$3,379,015 |
| IAG IAMGOLD CORP | Canada | COM · Call | 856,000 | 570,500 | -285,500 | $14,115,440 | $10,736,810 | -$3,378,630 |
| BITB BITWISE BITCOIN ETF TR | United States | SHS BEN INT · Call | 190,200 | 154,000 | -36,200 | $9,045,912 | $5,668,740 | -$3,377,172 |
| PII POLARIS INC | United States | COM · Put | 93,000 | 46,100 | -46,900 | $5,882,250 | $2,512,450 | -$3,369,800 |
| ICE INTERCONTINENTAL EXCHANGE IN | United States | COM · Call | 164,300 | 147,800 | -16,500 | $26,610,028 | $23,245,984 | -$3,364,044 |
| NAVIOS MARITIME PARTNERS LP CUSIP Y62267409 | — | COM UNIT LPI · Call | 121,300 | 44,500 | -76,800 | $6,359,759 | $3,002,860 | -$3,356,899 |
| AEHR AEHR TEST SYS | United States | COM · Call | 548,500 | 389,100 | -159,400 | $11,074,215 | $14,427,828 | +$3,353,613 |
| VICI VICI PPTYS INC | United States | COM · Put | 242,500 | 127,700 | -114,800 | $6,819,100 | $3,488,764 | -$3,330,336 |
| PROSHARES TR CUSIP 74347R669 | — | PSHS ULT SEMICDT · Call | 142,500 | 86,600 | -55,900 | $7,482,675 | $4,152,470 | -$3,330,205 |
| PNR PENTAIR PLC | Switzerland | SHS · Call | 50,500 | 22,200 | -28,300 | $5,259,070 | $1,933,842 | -$3,325,228 |
| VOLATILITY SHS TR CUSIP 92864M822 | United States | SOLANA ETF · Call | 336,900 | 115,700 | -221,200 | $4,292,106 | $967,183 | -$3,324,923 |
| WLDN WILLDAN GROUP INC | United States | COM · Call | 57,900 | 35,200 | -22,700 | $6,001,914 | $2,694,912 | -$3,307,002 |
| DLO DLOCAL LTD | Uruguay | CLASS A COM · Put | 474,100 | 262,200 | -211,900 | $6,703,774 | $3,400,734 | -$3,303,040 |
| CSL CARLISLE COS INC | United States | COM · Call | 15,000 | 4,500 | -10,500 | $4,797,900 | $1,501,290 | -$3,296,610 |
| ASO ACADEMY SPORTS & OUTDOORS IN | United States | COM · Call | 174,200 | 96,000 | -78,200 | $8,703,032 | $5,419,200 | -$3,283,832 |
| PRAX PRAXIS PRECISION MEDICINES I | United States | COM NEW · Put | 50,000 | 35,600 | -14,400 | $14,737,000 | $11,469,964 | -$3,267,036 |
| MKTX MARKETAXESS HLDGS INC | United States | COM · Put | 37,100 | 21,000 | -16,100 | $6,724,375 | $3,464,580 | -$3,259,795 |
| BG BUNGE GLOBAL SA | Switzerland | COM SHS · Put | 133,200 | 118,900 | -14,300 | $11,865,456 | $15,124,080 | +$3,258,624 |
| TTI TETRA TECHNOLOGIES INC DEL | United States | COM · Call | 435,100 | 96,900 | -338,200 | $4,076,887 | $825,588 | -$3,251,299 |
| QSR RESTAURANT BRANDS INTL INC | Canada | COM · Call | 182,600 | 124,600 | -58,000 | $12,458,798 | $9,207,940 | -$3,250,858 |
| TTAN SERVICETITAN INC | United States | SHS CL A · Put | 69,100 | 64,800 | -4,300 | $7,359,150 | $4,112,208 | -$3,246,942 |
| FANG DIAMONDBACK ENERGY INC | United States | COM · Put | 163,900 | 108,200 | -55,700 | $24,639,087 | $21,400,878 | -$3,238,209 |
| ESTA ESTABLISHMENT LABS HLDGS INC | Costa Rica | COM · Put | 86,800 | 54,400 | -32,400 | $6,325,984 | $3,088,832 | -$3,237,152 |
| GRAL GRAIL INC | United States | COM · Put | 74,792 | 61,400 | -13,392 | $6,401,447 | $3,173,152 | -$3,228,295 |
| CSL CARLISLE COS INC | United States | COM · Put | 17,900 | 7,500 | -10,400 | $5,725,494 | $2,502,150 | -$3,223,344 |
| ESTA ESTABLISHMENT LABS HLDGS INC | Costa Rica | COM · Call | 144,200 | 128,500 | -15,700 | $10,509,296 | $7,296,230 | -$3,213,066 |
| TSCO TRACTOR SUPPLY CO | United States | COM · Call | 376,100 | 344,500 | -31,600 | $18,808,761 | $15,605,850 | -$3,202,911 |
| SITM SITIME CORP | United States | COM · Call | 67,800 | 60,100 | -7,700 | $23,946,282 | $20,755,535 | -$3,190,747 |
| STM STMICROELECTRONICS N V | Switzerland | NY REGISTRY · Put | 779,100 | 677,200 | -101,900 | $20,209,854 | $23,397,260 | +$3,187,406 |
| VOYG VOYAGER TECHNOLOGIES INC | United States | COM CL A · Call | 278,500 | 175,000 | -103,500 | $7,279,990 | $4,093,250 | -$3,186,740 |
| BITB BITWISE BITCOIN ETF TR | United States | SHS BEN INT · Put | 77,900 | 14,100 | -63,800 | $3,704,924 | $519,021 | -$3,185,903 |
| FMC FMC CORP | United States | COM NEW · Put | 577,000 | 279,800 | -297,200 | $8,002,990 | $4,818,156 | -$3,184,834 |
| OHI OMEGA HEALTHCARE INVS INC | United States | COM · Put | 106,100 | 34,800 | -71,300 | $4,704,474 | $1,524,936 | -$3,179,538 |
| FRPT FRESHPET INC | United States | COM · Put | 235,200 | 189,200 | -46,000 | $14,330,736 | $11,155,232 | -$3,175,504 |
| OTIS OTIS WORLDWIDE CORP | United States | COM · Put | 80,800 | 50,600 | -30,200 | $7,057,880 | $3,900,248 | -$3,157,632 |
| PFE PFIZER INC | United States | COM · Call | 10,013,700 | 8,992,100 | -1,021,600 | $249,341,130 | $252,498,168 | +$3,157,038 |
| IVW ISHARES TR | United States | S&P 500 GRWT ETF · Put | 29,000 | 3,800 | -25,200 | $3,574,540 | $429,818 | -$3,144,722 |
| GILT GILAT SATELLITE NETWORKS LTD | Israel | SHS NEW · Call | 276,500 | 29,000 | -247,500 | $3,577,910 | $435,580 | -$3,142,330 |
| PFGC PERFORMANCE FOOD GROUP CO | United States | COM · Put | 62,500 | 29,000 | -33,500 | $5,620,000 | $2,484,140 | -$3,135,860 |
| KEY KEYCORP | United States | COM · Call | 578,700 | 439,500 | -139,200 | $11,944,368 | $8,811,975 | -$3,132,393 |
| PROSHARES TR CUSIP 74347G135 | — | ULTRAPRO SRT DOW · Put | 667,975 | 517,175 | -150,800 | $21,341,801 | $18,209,732 | -$3,132,069 |
| OZK BANK OZK LITTLE ROCK ARK | United States | COM · Put | 107,000 | 39,100 | -67,900 | $4,924,140 | $1,794,299 | -$3,129,841 |
| VTRS VIATRIS INC | United States | COM · Put | 520,200 | 248,500 | -271,700 | $6,476,490 | $3,357,235 | -$3,119,255 |
| METC RAMACO RES INC | United States | COM CL A · Put | 490,300 | 370,500 | -119,800 | $8,825,400 | $5,727,930 | -$3,097,470 |
| TMDX TRANSMEDICS GROUP INC | United States | COM · Call | 83,900 | 71,600 | -12,300 | $10,206,435 | $7,117,756 | -$3,088,679 |
| ASAN ASANA INC | United States | CL A · Put | 301,100 | 163,000 | -138,100 | $4,128,081 | $1,043,200 | -$3,084,881 |
| SEZL SEZZLE INC | United States | COM · Put | 112,900 | 64,500 | -48,400 | $7,166,328 | $4,082,205 | -$3,084,123 |