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).
- CCO: Country of operation United States; Class COM · Call; Shares 2025-12-31 179,100; Shares 2026-03-31 108,300.
- FULC: Country of operation United States; Class COM · Call; Shares 2025-12-31 26,500; Shares 2026-03-31 21,000.
- TORO CORP: Country of operation —; Class COM · Put; Shares 2025-12-31 58,200; Shares 2026-03-31 46,800.
- GAIN THERAPEUTICS INC: Country of operation United States; Class COM · Call; Shares 2025-12-31 51,400; Shares 2026-03-31 14,500.
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 |
|---|---|---|---|---|---|---|---|---|
| CCO CLEAR CHANNEL OUTDOOR HLDGS | United States | COM · Call | 179,100 | 108,300 | -70,800 | $395,811 | $256,671 | -$139,140 |
| FULC FULCRUM THERAPEUTICS INC | United States | COM · Call | 26,500 | 21,000 | -5,500 | $299,715 | $161,070 | -$138,645 |
| TORO CORP CUSIP Y8900D108 | — | COM · Put | 58,200 | 46,800 | -11,400 | $307,296 | $169,650 | -$137,646 |
| GAIN THERAPEUTICS INC CUSIP 36269B105 | United States | COM · Call | 51,400 | 14,500 | -36,900 | $165,508 | $28,130 | -$137,378 |
| ARI APOLLO COML REAL ESTATE FIN | United States | COM · Call | 32,300 | 16,600 | -15,700 | $312,664 | $175,296 | -$137,368 |
| KAI KADANT INC | United States | COM · Call | 1,300 | 800 | -500 | $370,526 | $233,880 | -$136,646 |
| BLCO BAUSCH PLUS LOMB CORP | Canada | COMMON SHARES · Put | 24,500 | 17,800 | -6,700 | $418,460 | $283,020 | -$135,440 |
| TIDAL TRUST II CUSIP 88636R834 | — | STKD 100 BITCOIN · Call | 13,300 | 11,800 | -1,500 | $456,589 | $322,966 | -$133,623 |
| INTR INTER & CO INC | Brazil | CLASS A COM · Call | 106,500 | 96,700 | -9,800 | $903,120 | $769,732 | -$133,388 |
| PROSHARES TR CUSIP 74349Y498 | — | ULTRA XRP ETF · Put | 20,200 | 13,400 | -6,800 | $182,810 | $49,446 | -$133,364 |
| DAN DANA INC | United States | COM · Call | 111,800 | 75,000 | -36,800 | $2,656,368 | $2,523,750 | -$132,618 |
| VPU VANGUARD WORLD FD | United States | UTILITIES ETF · Call | 8,100 | 6,900 | -1,200 | $1,498,824 | $1,367,166 | -$131,658 |
| CMTG CLAROS MTG TR INC | United States | COMMON STOCK · Put | 51,000 | 10,300 | -40,700 | $156,060 | $24,514 | -$131,546 |
| CVU CPI AEROSTRUCTURES INC | United States | COM NEW · Call | 43,600 | 10,500 | -33,100 | $172,656 | $41,160 | -$131,496 |
| MSGE MADISON SQUARE GARDEN ENTMT | United States | COM CL A · Put | 9,200 | 6,200 | -3,000 | $495,788 | $365,242 | -$130,546 |
| HNST HONEST CO INC | United States | COM · Put | 103,500 | 46,800 | -56,700 | $267,030 | $137,592 | -$129,438 |
| SOLANA CO CUSIP 42328V876 | United States | COM CL A NEW · Call | 86,400 | 69,800 | -16,600 | $249,696 | $120,754 | -$128,942 |
| THEMES ETF TR CUSIP 88340C875 | — | LEVERAGE SHS 2X · Call | 161,800 | 130,700 | -31,100 | $438,478 | $309,759 | -$128,719 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 33733E807 | — | NAT GAS ETF · Put | 21,200 | 11,600 | -9,600 | $496,292 | $367,604 | -$128,688 |
| CNH CNH INDL N V | United Kingdom | SHS · Put | 103,200 | 74,900 | -28,300 | $951,504 | $823,900 | -$127,604 |
| MTRX MATRIX SVC CO | United States | COM · Call | 21,600 | 10,900 | -10,700 | $252,720 | $125,132 | -$127,588 |
| ROUNDHILL ETF TRUST CUSIP 77926X502 | — | BITCOIN COVERED · Call | 14,100 | 13,000 | -1,100 | $401,145 | $273,780 | -$127,365 |
| RHP RYMAN HOSPITALITY PPTYS INC | United States | COM · Call | 26,600 | 25,900 | -700 | $2,516,892 | $2,389,793 | -$127,099 |
| FIP FTAI INFRASTRUCTURE INC | United States | COMMON STOCK · Put | 53,000 | 23,800 | -29,200 | $244,330 | $117,572 | -$126,758 |
| PAHC PHIBRO ANIMAL HEALTH CORP | United States | CL A COM · Call | 9,000 | 3,800 | -5,200 | $336,240 | $210,178 | -$126,062 |
| PDYN PALLADYNE AI CORP | United States | COM NEW · Call | 132,700 | 72,400 | -60,300 | $565,302 | $439,468 | -$125,834 |
| GRANITESHARES ETF TR CUSIP 38747R629 | — | 2X SHORT NVDA DA · Put | 30,084 | 11,844 | -18,240 | $215,101 | $89,422 | -$125,679 |
| CPF CENTRAL PAC FINL CORP | United States | COM NEW · Call | 30,900 | 26,200 | -4,700 | $962,844 | $837,352 | -$125,492 |
| WOR WORTHINGTON ENTERPRISES INC | United States | COM · Put | 8,800 | 6,300 | -2,500 | $453,816 | $328,482 | -$125,334 |
| SANA SANA BIOTECHNOLOGY INC | United States | COM · Put | 83,500 | 74,600 | -8,900 | $339,845 | $214,848 | -$124,997 |
| CVEO CIVEO CORP CDA | United States | COM NEW · Put | 42,800 | 32,300 | -10,500 | $978,836 | $854,658 | -$124,178 |
| OVID OVID THERAPEUTICS INC | United States | COM · Call | 106,900 | 22,600 | -84,300 | $174,247 | $50,172 | -$124,075 |
| BROOKFIELD RENEWABLE ENERGY CUSIP G16258108 | — | PARTNERSHIP UNIT · Put | 59,300 | 45,200 | -14,100 | $1,599,321 | $1,475,328 | -$123,993 |
| AGG ISHARES TR | United States | CORE US AGGBD ET · Put | 7,600 | 6,400 | -1,200 | $759,088 | $635,328 | -$123,760 |
| CFR CULLEN FROST BANKERS INC | United States | COM · Put | 3,900 | 2,700 | -1,200 | $493,857 | $370,116 | -$123,741 |
| BROOKFIELD RENEWABLE ENERGY CUSIP G16258108 | — | PARTNERSHIP UNIT · Call | 46,000 | 41,800 | -4,200 | $1,240,620 | $1,364,352 | +$123,732 |
| IMVT IMMUNOVANT INC | United States | COM · Put | 58,800 | 55,200 | -3,600 | $1,494,696 | $1,371,168 | -$123,528 |
| CHRS COHERUS ONCOLOGY INC | United States | COM · Call | 132,100 | 38,100 | -94,000 | $187,582 | $64,389 | -$123,193 |
| GOGO GOGO INC | United States | COM · Call | 92,600 | 76,800 | -15,800 | $431,516 | $308,736 | -$122,780 |
| RGR STURM RUGER & CO INC | United States | COM · Call | 20,200 | 13,400 | -6,800 | $659,530 | $537,206 | -$122,324 |
| TPVG TRIPLEPOINT VENTURE GROWTH B | United States | COM · Put | 45,500 | 35,300 | -10,200 | $297,570 | $176,147 | -$121,423 |
| KYTX KYVERNA THERAPEUTICS INC | United States | COM · Call | 40,000 | 29,500 | -10,500 | $376,000 | $254,585 | -$121,415 |
| ETFIS SER TR I CUSIP 26923G822 | — | VIRTUS INFRCAP · Call | 43,800 | 40,400 | -3,400 | $943,890 | $822,544 | -$121,346 |
| AKBA AKEBIA THREAPEUTICS INC | United States | COM · Put | 211,700 | 158,100 | -53,600 | $340,837 | $219,759 | -$121,078 |
| CLH CLEAN HARBORS INC | United States | COM · Put | 14,700 | 11,600 | -3,100 | $3,446,856 | $3,326,068 | -$120,788 |
| DGX QUEST DIAGNOSTICS INC | United States | COM · Put | 32,400 | 29,300 | -3,100 | $5,622,372 | $5,742,214 | +$119,842 |
| VTGN VISTAGEN THERAPEUTICS INC | United States | COM · Call | 386,600 | 239,200 | -147,400 | $255,891 | $136,703 | -$119,188 |
| PROSHARES TR II CUSIP 74347W601 | — | ULTRA GOLD · Call | 297,600 | 266,900 | -30,700 | $16,522,752 | $16,403,674 | -$119,078 |
| HGTY HAGERTY INC | United States | CL A COM · Put | 22,400 | 17,300 | -5,100 | $301,056 | $182,169 | -$118,887 |
| TRIN TRINITY CAP INC | United States | COM · Put | 36,200 | 28,000 | -8,200 | $530,330 | $411,880 | -$118,450 |
| EZPW EZCORP INC | United States | CL A NON VTG · Call | 52,100 | 35,200 | -16,900 | $1,011,782 | $893,376 | -$118,406 |
| ACDC PROFRAC HLDG CORP | United States | CLASS A COM · Put | 68,800 | 24,100 | -44,700 | $267,632 | $149,420 | -$118,212 |
| SPRO SPERO THERAPEUTICS INC | United States | COM · Put | 73,100 | 22,500 | -50,600 | $170,323 | $52,650 | -$117,673 |
| ISHARES TR CUSIP 464288851 | — | US OIL GS EX ETF · Put | 4,000 | 3,800 | -200 | $357,040 | $474,620 | +$117,580 |
| MTH MERITAGE HOMES CORP | United States | COM · Call | 6,200 | 4,700 | -1,500 | $407,960 | $290,648 | -$117,312 |
| NAKA NAKAMOTO INC | United States | COM · Call | 596,600 | 418,900 | -177,700 | $209,466 | $92,535 | -$116,931 |
| LMNR LIMONEIRA CO | United States | COM · Put | 45,500 | 34,100 | -11,400 | $574,438 | $457,622 | -$116,816 |
| ANIP ANI PHARMACEUTICALS INC | United States | COM · Put | 8,000 | 6,700 | -1,300 | $631,520 | $515,230 | -$116,290 |
| EVEX EVE HLDG INC | United States | COM · Put | 38,800 | 16,500 | -22,300 | $154,812 | $40,920 | -$113,892 |
| EE EXCELERATE ENERGY INC | United States | CL A COM · Call | 23,200 | 16,100 | -7,100 | $650,760 | $538,062 | -$112,698 |
| CCS CENTURY COMMUNITIES INC | United States | COM · Call | 7,600 | 5,900 | -1,700 | $451,060 | $338,542 | -$112,518 |
| FIRST TR EXCHANGE-TRADED FD CUSIP 337345102 | — | SHS · Call | 1,800 | 1,400 | -400 | $414,378 | $302,372 | -$112,006 |
| CVGI COMMERCIAL VEH GROUP INC | United States | COM · Call | 202,600 | 118,200 | -84,400 | $291,744 | $403,062 | +$111,318 |
| AIOT POWERFLEET INC | United States | COM · Call | 45,600 | 42,700 | -2,900 | $242,592 | $131,516 | -$111,076 |
| NOV NOV INC | United States | COM · Call | 113,700 | 88,600 | -25,100 | $1,777,131 | $1,666,566 | -$110,565 |
| ZVRA ZEVRA THERAPEUTICS INC | United States | COM NEW · Put | 56,000 | 42,000 | -14,000 | $501,760 | $391,440 | -$110,320 |
| XPOF XPONENTIAL FITNESS INC | United States | COM CL A · Put | 35,100 | 30,000 | -5,100 | $288,873 | $180,600 | -$108,273 |
| INSG INSEEGO CORP | United States | COM NEW · Call | 36,200 | 23,700 | -12,500 | $371,774 | $263,544 | -$108,230 |
| HRZN HORIZON TECHNOLOGY FIN CORP | United States | COM · Put | 26,100 | 14,300 | -11,800 | $168,345 | $60,203 | -$108,142 |
| MVIS MICROVISION INC DEL | United States | COM NEW · Put | 173,200 | 55,400 | -117,800 | $143,427 | $35,522 | -$107,905 |
| BLNK BLINK CHARGING CO | United States | COM · Put | 210,500 | 58,100 | -152,400 | $140,404 | $32,937 | -$107,467 |
| SOL STRATEGIES INC CUSIP 83411A205 | — | COM · Call | 178,100 | 168,000 | -10,100 | $272,493 | $165,480 | -$107,013 |
| GRANITESHARES ETF TR CUSIP 38747R652 | — | 2X LONG TSM DAIL · Put | 16,600 | 12,300 | -4,300 | $727,578 | $620,781 | -$106,797 |
| THEMES ETF TR CUSIP 882927668 | — | LEVERAGE SHARES · Call | 31,900 | 26,100 | -5,800 | $720,621 | $827,370 | +$106,749 |
| PRIM PRIMORIS SVCS CORP | United States | COM · Put | 6,400 | 6,300 | -100 | $794,496 | $901,152 | +$106,656 |
| GLOBAL X FDS CUSIP 37954Y459 | — | RUSSELL 2000 · Call | 17,400 | 10,700 | -6,700 | $266,220 | $159,965 | -$106,255 |
| TPC TUTOR PERINI CORP | United States | COM · Put | 21,000 | 19,600 | -1,400 | $1,407,420 | $1,512,924 | +$105,504 |
| DV DOUBLEVERIFY HLDGS INC | United States | COM · Put | 26,300 | 20,600 | -5,700 | $300,872 | $195,700 | -$105,172 |
| UHAL U HAUL HOLDING COMPANY | United States | COM · Call | 14,400 | 13,000 | -1,400 | $725,904 | $621,140 | -$104,764 |
| PROSHARES TR II CUSIP 74347Y730 | — | VIX SHT TERM FUT · Put | 56,800 | 39,350 | -17,450 | $1,456,352 | $1,351,673 | -$104,679 |
| CDLX CARDLYTICS INC | United States | COM · Put | 152,500 | 67,700 | -84,800 | $175,375 | $71,085 | -$104,290 |
| CION CION INVT CORP | United States | COM · Call | 22,300 | 16,300 | -6,000 | $215,641 | $111,492 | -$104,149 |
| IVVD INVIVYD INC | United States | COM · Put | 49,000 | 13,300 | -35,700 | $121,030 | $17,290 | -$103,740 |
| JOE ST JOE CO | United States | COM · Put | 10,100 | 7,900 | -2,200 | $599,637 | $496,120 | -$103,517 |
| PSQH PSQ HOLDINGS INC | United States | CL A · Put | 150,200 | 96,600 | -53,600 | $154,706 | $51,198 | -$103,508 |
| GNW GENWORTH FINL INC | United States | COM SHS · Call | 48,400 | 41,100 | -7,300 | $437,052 | $333,732 | -$103,320 |
| GLOBAL X FDS CUSIP 37954Y491 | United States | DAX GERMANY ETF · Call | 7,800 | 6,000 | -1,800 | $355,840 | $252,960 | -$102,880 |
| SCHX SCHWAB STRATEGIC TR | United States | US LRG CAP ETF · Put | 12,200 | 8,800 | -3,400 | $328,302 | $225,632 | -$102,670 |
| KBR KBR INC | United States | COM · Call | 19,300 | 18,300 | -1,000 | $775,860 | $674,538 | -$101,322 |
| CLNE CLEAN ENERGY FUELS CORP | United States | COM · Put | 132,000 | 71,100 | -60,900 | $277,200 | $176,328 | -$100,872 |
| ISHARES TR CUSIP 464287861 | United States | EUROPE ETF · Call | 8,200 | 6,800 | -1,400 | $562,520 | $461,992 | -$100,528 |
| SVRA SAVARA INC | United States | COM · Call | 29,500 | 14,200 | -15,300 | $177,885 | $77,532 | -$100,353 |
| KULR KULR TECHNOLOGY GROUP INC | United States | COM · Put | 101,155 | 84,000 | -17,155 | $299,419 | $199,080 | -$100,339 |
| SABR SABRE CORP | United States | COM · Call | 286,300 | 199,700 | -86,600 | $389,368 | $289,565 | -$99,803 |
| OGS ONE GAS INC | United States | COM · Call | 18,000 | 17,300 | -700 | $1,390,500 | $1,490,049 | +$99,549 |
| EZA ISHARES INC | United States | MSCI STH AFR ETF · Call | 4,500 | 3,100 | -1,400 | $309,600 | $210,180 | -$99,420 |
| SGOV ISHARES TR | United States | 0-3 MNTH TREASRY · Put | 5,200 | 4,200 | -1,000 | $521,976 | $422,772 | -$99,204 |
| CYPHERPUNK TECHNOLOGIES INC CUSIP 52187K200 | United States | COM NEW · Call | 208,900 | 181,300 | -27,600 | $242,324 | $144,061 | -$98,263 |
| DIREXION SHARES ETF TRUST CUSIP 25461A585 | — | DAILY CRYPTO IND · Call | 17,300 | 11,500 | -5,800 | $321,066 | $222,990 | -$98,076 |
| RGR STURM RUGER & CO INC | United States | COM · Put | 26,800 | 19,400 | -7,400 | $875,020 | $777,746 | -$97,274 |