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).
- PPC: Country of operation United States; Class COM · Call; Shares 2025-12-31 58,300; Shares 2026-03-31 35,200.
- PL: Country of operation United States; Class COM CL A · Put; Shares 2025-12-31 969,000; Shares 2026-03-31 717,300.
- NAK: Country of operation Canada; Class COM NEW · Put; Shares 2025-12-31 928,800; Shares 2026-03-31 639,400.
- ARK ETF TR: Country of operation United States; Class BLOCKCHAIN & FIN · Call; Shares 2025-12-31 63,800; Shares 2026-03-31 55,400.
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 |
|---|---|---|---|---|---|---|---|---|
| PPC PILGRIMS PRIDE CORP | United States | COM · Call | 58,300 | 35,200 | -23,100 | $2,273,117 | $1,329,152 | -$943,965 |
| PL PLANET LABS PBC | United States | COM CL A · Put | 969,000 | 717,300 | -251,700 | $19,108,680 | $20,048,535 | +$939,855 |
| NAK NORTHERN DYNASTY MINERALS LT | Canada | COM NEW · Put | 928,800 | 639,400 | -289,400 | $1,829,736 | $895,160 | -$934,576 |
| ARK ETF TR CUSIP 00214Q708 | United States | BLOCKCHAIN & FIN · Call | 63,800 | 55,400 | -8,400 | $3,038,794 | $2,105,754 | -$933,040 |
| TH TARGET HOSPITALITY CORP | United States | COM · Put | 166,200 | 43,100 | -123,100 | $1,331,262 | $399,968 | -$931,294 |
| ETF OPPORTUNITIES TRUST CUSIP 26923N447 | — | T REX 2X LNG NFL · Put | 72,300 | 44,100 | -28,200 | $2,345,412 | $1,414,287 | -$931,125 |
| COLM COLUMBIA SPORTSWEAR CO | United States | COM · Put | 23,400 | 6,600 | -16,800 | $1,289,106 | $361,746 | -$927,360 |
| ALMU AELUMA INC | United States | COM · Call | 88,100 | 44,800 | -43,300 | $1,512,677 | $586,432 | -$926,245 |
| FFAI FARADAY FUTURE INTLGT ELEC I | United States | COM NEW CL A · Call | 939,408 | 116,600 | -822,808 | $958,196 | $32,042 | -$926,154 |
| CNP CENTERPOINT ENERGY INC | United States | COM · Put | 86,600 | 55,500 | -31,100 | $3,320,244 | $2,395,380 | -$924,864 |
| RR RICHTECH ROBOTICS INC | United States | CL B · Call | 759,300 | 731,200 | -28,100 | $2,452,539 | $1,528,208 | -$924,331 |
| HCI HCI GROUP INC | United States | COM · Put | 6,100 | 1,600 | -4,500 | $1,169,309 | $247,376 | -$921,933 |
| DNA GINKGO BIOWORKS HOLDINGS INC | United States | CL A NEW · Call | 137,000 | 35,400 | -101,600 | $1,138,470 | $217,002 | -$921,468 |
| AFG AMERICAN FINANCIAL GROUP INC | United States | COM · Put | 8,700 | 2,100 | -6,600 | $1,189,116 | $268,191 | -$920,925 |
| ALV AUTOLIV INC | Sweden | COM · Put | 11,200 | 3,900 | -7,300 | $1,329,440 | $410,124 | -$919,316 |
| NDSN NORDSON CORP | United States | COM · Put | 5,700 | 1,700 | -4,000 | $1,370,451 | $452,302 | -$918,149 |
| MUR MURPHY OIL CORP | United States | COM · Put | 185,000 | 117,900 | -67,100 | $5,781,250 | $4,863,375 | -$917,875 |
| BANC BANC OF CALIFORNIA INC | United States | COM · Call | 62,310 | 16,600 | -45,710 | $1,201,960 | $291,828 | -$910,132 |
| BXMT BLACKSTONE MORTGAGE TRUST IN | United States | COM CL A · Call | 434,300 | 386,400 | -47,900 | $8,308,159 | $7,399,560 | -$908,599 |
| AGM FEDERAL AGRIC MTG CORP | United States | CL C · Call | 7,700 | 3,000 | -4,700 | $1,351,889 | $445,050 | -$906,839 |
| PLAB PHOTRONICS INC | United States | COM · Put | 57,400 | 23,100 | -34,300 | $1,836,800 | $933,471 | -$903,329 |
| CCOI COGENT COMM HOLDINGS INC | United States | COM NEW · Put | 149,400 | 123,100 | -26,300 | $3,221,064 | $2,319,204 | -$901,860 |
| RDW REDWIRE CORPORATION | United States | COM · Call | 1,021,000 | 806,900 | -214,100 | $7,759,600 | $6,858,650 | -$900,950 |
| BYND BEYOND MEAT INC | United States | COM · Put | 2,262,800 | 1,365,000 | -897,800 | $1,855,496 | $957,684 | -$897,812 |
| EPR EPR PPTYS | United States | COM SH BEN INT · Put | 33,100 | 15,100 | -18,000 | $1,651,690 | $754,396 | -$897,294 |
| ADNT ADIENT PLC | Ireland | ORD SHS · Call | 61,000 | 13,500 | -47,500 | $1,169,370 | $272,835 | -$896,535 |
| CAI CARIS LIFE SCIENCES INC | United States | COM · Call | 43,100 | 14,900 | -28,200 | $1,162,838 | $266,412 | -$896,426 |
| TDC TERADATA CORP DEL | United States | COM · Put | 41,800 | 14,700 | -27,100 | $1,272,392 | $376,761 | -$895,631 |
| INTA INTAPP INC | United States | COM · Put | 30,500 | 19,600 | -10,900 | $1,397,510 | $503,524 | -$893,986 |
| DXC DXC TECHNOLOGY CO | United States | COM · Put | 151,300 | 105,400 | -45,900 | $2,216,545 | $1,324,878 | -$891,667 |
| UUP INVESCO DB US DLR INDEX TR | United States | BULLISH FD · Put | 258,600 | 219,600 | -39,000 | $6,989,958 | $6,100,488 | -$889,470 |
| OR OR ROYALTIES INC. | Canada | COM SHS · Call | 473,200 | 417,200 | -56,000 | $16,746,548 | $15,861,944 | -$884,604 |
| IWO ISHARES TR | United States | RUS 2000 GRW ETF · Put | 7,300 | 4,700 | -2,600 | $2,357,973 | $1,474,907 | -$883,066 |
| PAX PATRIA INVESTMENTS LIMITED | Cayman Islands | COM CL A · Call | 64,800 | 11,800 | -53,000 | $1,029,672 | $148,680 | -$880,992 |
| NUVB NUVATION BIO INC | United States | COM CL A · Call | 133,800 | 74,200 | -59,600 | $1,198,848 | $318,318 | -$880,530 |
| YEXT YEXT INC | United States | COM · Call | 141,100 | 67,000 | -74,100 | $1,137,266 | $257,280 | -$879,986 |
| PTC PTC INC | United States | COM · Put | 16,500 | 14,000 | -2,500 | $2,874,465 | $1,994,860 | -$879,605 |
| AN AUTONATION INC | United States | COM · Put | 6,900 | 2,800 | -4,100 | $1,424,712 | $546,728 | -$877,984 |
| KURA KURA ONCOLOGY INC | United States | COM · Call | 150,300 | 84,300 | -66,000 | $1,561,617 | $685,359 | -$876,258 |
| TRMB TRIMBLE INC | United States | COM · Call | 52,900 | 50,200 | -2,700 | $4,144,715 | $3,274,546 | -$870,169 |
| DFDV DEFI DEVELOPMENT CORP | United States | COM · Put | 268,800 | 149,600 | -119,200 | $1,357,440 | $492,184 | -$865,256 |
| NEOS ETF TRUST CUSIP 78433H642 | — | BITCOIN HIGH INC · Call | 66,600 | 63,100 | -3,500 | $2,931,732 | $2,068,418 | -$863,314 |
| TFPM TRIPLE FLAG PRECIOUS METAL | Canada | COM · Put | 145,200 | 114,100 | -31,100 | $4,823,544 | $3,960,411 | -$863,133 |
| VOLATILITY SHS TR CUSIP 92864M780 | — | XRP ETF · Call | 98,400 | 23,400 | -75,000 | $1,040,088 | $177,372 | -$862,716 |
| XPEL XPEL INC | United States | COM · Call | 29,200 | 13,500 | -15,700 | $1,457,372 | $597,510 | -$859,862 |
| TPR TAPESTRY INC | United States | COM · Call | 299,500 | 265,100 | -34,400 | $38,267,115 | $37,408,261 | -$858,854 |
| AIRO AIRO GROUP HLDGS INC | United States | COM · Call | 150,700 | 49,200 | -101,500 | $1,232,726 | $374,166 | -$858,560 |
| CPRX CATALYST PHARMACEUTICALS INC | United States | COM · Call | 49,700 | 12,300 | -37,400 | $1,159,998 | $304,548 | -$855,450 |
| RITM RITHM CAPITAL CORP | United States | COM NEW · Put | 334,100 | 294,300 | -39,800 | $3,641,690 | $2,789,964 | -$851,726 |
| CRI CARTERS INC | United States | COM · Call | 43,400 | 15,700 | -27,700 | $1,407,462 | $561,432 | -$846,030 |
| NOG NORTHERN OIL & GAS INC | United States | COM · Call | 355,900 | 232,500 | -123,400 | $7,641,173 | $6,795,975 | -$845,198 |
| ABG ASBURY AUTOMOTIVE GROUP INC | United States | COM · Call | 7,500 | 4,600 | -2,900 | $1,743,975 | $898,886 | -$845,089 |
| OI O-I GLASS INC | United States | COM · Call | 96,100 | 54,600 | -41,500 | $1,418,436 | $573,846 | -$844,590 |
| TIDAL TRUST II CUSIP 88636X880 | United States | YIELDMAX TSLA OP · Call | 43,360 | 26,220 | -17,140 | $1,627,734 | $786,338 | -$841,396 |
| RYAM RAYONIER ADVANCED MATLS INC | United States | COM · Call | 276,900 | 71,500 | -205,400 | $1,630,941 | $791,505 | -$839,436 |
| NAVIOS MARITIME PARTNERS LP CUSIP Y62267409 | — | COM UNIT LPI · Put | 117,800 | 79,100 | -38,700 | $6,176,254 | $5,337,668 | -$838,586 |
| COCO VITA COCO CO INC | United States | COM · Put | 26,200 | 11,500 | -14,700 | $1,388,862 | $550,965 | -$837,897 |
| AAON AAON INC | United States | COM PAR $0.004 · Put | 30,300 | 17,800 | -12,500 | $2,310,375 | $1,472,950 | -$837,425 |
| VERI VERITONE INC | United States | COM · Put | 248,800 | 163,600 | -85,200 | $1,156,920 | $322,292 | -$834,628 |
| CVSA COVISTA INC | United States | COM · Call | 31,900 | 21,400 | -10,500 | $3,300,693 | $2,466,350 | -$834,343 |
| AIZ ASSURANT INC | United States | COM · Call | 6,900 | 3,800 | -3,100 | $1,661,865 | $827,678 | -$834,187 |
| TIDAL TRUST II CUSIP 88636X708 | — | YIELDMAX ULTRA O · Put | 68,540 | 56,240 | -12,300 | $2,558,598 | $1,724,881 | -$833,717 |
| HIG HARTFORD INSURANCE GROUP INC | United States | COM · Put | 17,700 | 11,900 | -5,800 | $2,439,060 | $1,609,237 | -$829,823 |
| OPCH OPTION CARE HEALTH INC | United States | COM NEW · Put | 40,800 | 17,500 | -23,300 | $1,299,888 | $471,100 | -$828,788 |
| TROX TRONOX HOLDINGS PLC | United States | SHS · Call | 206,400 | 172,800 | -33,600 | $860,688 | $1,688,256 | +$827,568 |
| DTM DT MIDSTREAM INC | United States | COMMON STOCK · Call | 58,700 | 58,300 | -400 | $7,025,216 | $7,851,261 | +$826,045 |
| ISHARES TR CUSIP 464288810 | — | U.S. MED DVC ETF · Put | 41,700 | 33,100 | -8,600 | $2,591,655 | $1,765,885 | -$825,770 |
| GLOBAL X FDS CUSIP 37954Y475 | United States | S&P 500 COVERED · Call | 26,100 | 6,100 | -20,000 | $1,060,443 | $238,693 | -$821,750 |
| ESPR ESPERION THERAPEUTICS INC NE | United States | COM · Put | 412,800 | 257,700 | -155,100 | $1,527,360 | $706,098 | -$821,262 |
| LGIH LGI HOMES INC | United States | COM · Call | 26,200 | 7,700 | -18,500 | $1,125,552 | $304,381 | -$821,171 |
| AVXL ANAVEX LIFE SCIENCES CORP | United States | COM NEW · Call | 707,300 | 553,400 | -153,900 | $2,517,988 | $1,698,938 | -$819,050 |
| AON AON PLC | Ireland | SHS CL A · Put | 10,000 | 8,400 | -1,600 | $3,528,800 | $2,711,352 | -$817,448 |
| KIM KIMCO REALTY CORP | United States | COM · Put | 82,100 | 37,700 | -44,400 | $1,664,167 | $847,119 | -$817,048 |
| WTW WILLIS TOWERS WATSON PLC LTD | United Kingdom | SHS · Put | 6,200 | 4,200 | -2,000 | $2,037,320 | $1,220,940 | -$816,380 |
| TIDAL TRUST I CUSIP 886364231 | United States | FUNDSTRAT GRANNY · Put | 60,200 | 28,400 | -31,800 | $1,490,552 | $677,908 | -$812,644 |
| NVAX NOVAVAX INC | United States | COM NEW · Call | 476,600 | 293,900 | -182,700 | $3,202,752 | $2,392,346 | -$810,406 |
| SWBI SMITH & WESSON BRANDS INC | United States | COM · Put | 159,600 | 53,400 | -106,200 | $1,575,252 | $765,222 | -$810,030 |
| PSIX POWER SOLUTIONS INTL INC | United States | COM NEW · Put | 56,000 | 39,300 | -16,700 | $3,199,840 | $2,392,584 | -$807,256 |
| PROSHARES TR CUSIP 74349Y571 | — | ULTRA ETHER ETF · Put | 33,000 | 28,900 | -4,100 | $1,240,140 | $432,922 | -$807,218 |
| SD SANDRIDGE ENERGY INC | United States | COM NEW · Call | 116,500 | 53,600 | -62,900 | $1,681,095 | $874,216 | -$806,879 |
| PLCE CHILDRENS PL INC NEW | United States | COM · Call | 269,400 | 79,400 | -190,000 | $1,072,212 | $266,784 | -$805,428 |
| AEVA AEVA TECHNOLOGIES INC | United States | COM NEW · Call | 181,900 | 122,400 | -59,500 | $2,415,632 | $1,610,784 | -$804,848 |
| LGIH LGI HOMES INC | United States | COM · Put | 48,700 | 32,600 | -16,100 | $2,092,152 | $1,288,678 | -$803,474 |
| MEDP MEDPACE HLDGS INC | United States | COM · Call | 5,700 | 5,000 | -700 | $3,201,405 | $2,400,950 | -$800,455 |
| TECH BIO-TECHNE CORP | United States | COM · Put | 70,300 | 63,800 | -6,500 | $4,134,343 | $3,334,188 | -$800,155 |
| FOXA FOX CORP | United States | CL A COM · Call | 38,900 | 35,000 | -3,900 | $2,842,423 | $2,044,000 | -$798,423 |
| SPYG SPDR SERIES TRUST | United States | STATE STREET SPD · Put | 75,200 | 73,800 | -1,400 | $8,023,840 | $7,225,758 | -$798,082 |
| ASTL ALGOMA STL GROUP INC | Canada | COM · Put | 244,200 | 49,700 | -194,500 | $1,001,220 | $205,261 | -$795,959 |
| PEGA PEGASYSTEMS INC | United States | COM · Put | 25,500 | 17,100 | -8,400 | $1,522,860 | $727,776 | -$795,084 |
| ANAB ANAPTYSBIO INC | United States | COM · Call | 25,200 | 7,700 | -17,500 | $1,221,696 | $427,042 | -$794,654 |
| XYL XYLEM INC | United States | COM · Call | 21,800 | 18,200 | -3,600 | $2,968,724 | $2,174,900 | -$793,824 |
| OLMA OLEMA PHARMACEUTICALS INC | United States | COM · Put | 69,300 | 63,100 | -6,200 | $1,732,500 | $940,821 | -$791,679 |
| PD PAGERDUTY INC | United States | COM · Call | 87,100 | 56,700 | -30,400 | $1,141,881 | $352,107 | -$789,774 |
| CWST CASELLA WASTE SYS INC | United States | CL A · Call | 11,200 | 3,900 | -7,300 | $1,096,928 | $309,426 | -$787,502 |
| CRUS CIRRUS LOGIC INC | United States | COM · Put | 15,300 | 7,100 | -8,200 | $1,813,050 | $1,026,802 | -$786,248 |
| PEB PEBBLEBROOK HOTEL TR | United States | COM · Put | 134,500 | 58,300 | -76,200 | $1,522,540 | $736,329 | -$786,211 |
| CGC CANOPY GROWTH CORPORATION | Canada | COM NEW · Put | 1,233,620 | 654,700 | -578,920 | $1,406,327 | $621,441 | -$784,886 |
| CSTL CASTLE BIOSCIENCES INC | United States | COM · Call | 40,600 | 32,500 | -8,100 | $1,579,340 | $797,875 | -$781,465 |
| NNN NNN REIT INC | United States | COM · Put | 35,800 | 15,200 | -20,600 | $1,418,754 | $638,856 | -$779,898 |
| PRGO PERRIGO CO PLC | Ireland | SHS · Put | 90,700 | 45,000 | -45,700 | $1,262,544 | $483,300 | -$779,244 |