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).
- LIN: Country of operation United Kingdom; Class SHS · Put; Shares 2025-12-31 224,100; Shares 2026-03-31 218,000.
- CROX: Country of operation United States; Class COM · Put; Shares 2025-12-31 436,200; Shares 2026-03-31 298,700.
- CCI: Country of operation United States; Class COM · Call; Shares 2025-12-31 378,400; Shares 2026-03-31 261,000.
- AI: Country of operation United States; Class CL A · Put; Shares 2025-12-31 1,198,800; Shares 2026-03-31 449,900.
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 |
|---|---|---|---|---|---|---|---|---|
| LIN LINDE PLC | United Kingdom | SHS · Put | 224,100 | 218,000 | -6,100 | $95,553,999 | $108,075,680 | +$12,521,681 |
| CROX CROCS INC | United States | COM · Put | 436,200 | 298,700 | -137,500 | $37,303,824 | $24,798,074 | -$12,505,750 |
| CCI CROWN CASTLE INC | United States | COM · Call | 378,400 | 261,000 | -117,400 | $33,628,408 | $21,221,910 | -$12,406,498 |
| AI C3 AI INC | United States | CL A · Put | 1,198,800 | 449,900 | -748,900 | $16,159,824 | $3,788,158 | -$12,371,666 |
| PROSHARES TR CUSIP 74350P659 | — | ULTRAPRO SHORT S · Put | 603,335 | 311,375 | -291,960 | $29,997,816 | $17,667,418 | -$12,330,398 |
| PGY PAGAYA TECHNOLOGIES LTD | United States | CL A NEW · Put | 778,012 | 342,500 | -435,512 | $16,260,451 | $3,990,125 | -$12,270,326 |
| ENVX ENOVIX CORPORATION | United States | COM · Call | 2,459,100 | 1,102,600 | -1,356,500 | $17,976,021 | $5,711,468 | -$12,264,553 |
| LOGI LOGITECH INTL S A | United States | SHS · Put | 186,600 | 70,900 | -115,700 | $18,701,052 | $6,460,408 | -$12,240,644 |
| IVZ INVESCO LTD | United States | SHS · Call | 608,100 | 156,000 | -452,100 | $15,974,787 | $3,789,240 | -$12,185,547 |
| NSC NORFOLK SOUTHN CORP | United States | COM · Put | 59,000 | 16,900 | -42,100 | $17,034,480 | $4,850,300 | -$12,184,180 |
| AGI ALAMOS GOLD INC | Canada | COM CL A · Put | 585,500 | 234,800 | -350,700 | $22,588,590 | $10,432,164 | -$12,156,426 |
| APTV APTIV PLC | United Kingdom | COM SHS · Call | 247,900 | 96,800 | -151,100 | $18,862,711 | $6,721,792 | -$12,140,919 |
| ROK ROCKWELL AUTOMATION INC | United States | COM · Call | 122,200 | 98,800 | -23,400 | $47,544,354 | $35,457,344 | -$12,087,010 |
| ALGN ALIGN TECHNOLOGY INC | United States | COM · Call | 229,300 | 138,400 | -90,900 | $35,805,195 | $23,725,912 | -$12,079,283 |
| GCT GIGACLOUD TECHNOLOGY INC | United States | CLASS A ORD · Put | 378,900 | 62,100 | -316,800 | $14,883,192 | $2,818,098 | -$12,065,094 |
| ZETA ZETA GLOBAL HOLDINGS CORP | United States | CL A · Put | 1,047,200 | 591,100 | -456,100 | $21,310,520 | $9,410,312 | -$11,900,208 |
| INVESCO CURRENCYSHARES EURO CUSIP 46138K103 | United States | EURO SHS · Put | 226,100 | 118,700 | -107,400 | $24,521,676 | $12,664,103 | -$11,857,573 |
| STLD STEEL DYNAMICS INC | United States | COM · Put | 136,000 | 62,200 | -73,800 | $23,045,200 | $11,196,000 | -$11,849,200 |
| EA ELECTRONIC ARTS INC | United States | COM · Put | 91,600 | 33,800 | -57,800 | $18,716,628 | $6,890,806 | -$11,825,822 |
| STZ CONSTELLATION BRANDS INC | United States | CL A · Put | 629,100 | 500,100 | -129,000 | $86,790,636 | $75,015,000 | -$11,775,636 |
| PSKY PARAMOUNT SKYDANCE CORP | United States | COM CL B · Call | 2,230,727 | 2,008,700 | -222,027 | $29,891,742 | $18,118,474 | -$11,773,268 |
| PLD PROLOGIS INC. | United States | COM · Call | 373,500 | 271,700 | -101,800 | $47,681,010 | $35,913,306 | -$11,767,704 |
| KSS KOHLS CORP | United States | COM · Call | 997,400 | 666,400 | -331,000 | $20,356,934 | $8,596,560 | -$11,760,374 |
| DAVE DAVE INC | United States | CLASS A COM NEW · Call | 206,200 | 194,700 | -11,500 | $45,654,742 | $33,895,323 | -$11,759,419 |
| INOD INNODATA INC | United States | COM NEW · Call | 345,000 | 150,900 | -194,100 | $17,577,750 | $5,827,758 | -$11,749,992 |
| PM PHILIP MORRIS INTL INC | United States | COM · Put | 711,500 | 620,000 | -91,500 | $114,124,600 | $102,510,800 | -$11,613,800 |
| SN SHARKNINJA INC | United States | COM SHS · Call | 159,600 | 59,700 | -99,900 | $17,859,240 | $6,322,230 | -$11,537,010 |
| EXC EXELON CORP | United States | COM · Put | 285,700 | 18,900 | -266,800 | $12,453,663 | $926,478 | -$11,527,185 |
| WELL WELLTOWER INC | United States | COM · Put | 150,300 | 82,800 | -67,500 | $27,897,183 | $16,370,388 | -$11,526,795 |
| BIIB BIOGEN INC | United States | COM · Put | 162,000 | 92,700 | -69,300 | $28,510,380 | $16,994,691 | -$11,515,689 |
| M MACYS INC | United States | COM · Put | 1,271,000 | 913,400 | -357,600 | $28,025,550 | $16,523,406 | -$11,502,144 |
| PROSHARES TR CUSIP 74349Y563 | — | ULTRASHORT BITCO · Put | 311,600 | 38,500 | -273,100 | $13,685,472 | $2,193,345 | -$11,492,127 |
| SWK STANLEY BLACK & DECKER INC | United States | COM · Call | 408,500 | 265,700 | -142,800 | $30,343,380 | $18,880,642 | -$11,462,738 |
| VNQ VANGUARD INDEX FDS | United States | REAL ESTATE ETF · Call | 266,700 | 137,900 | -128,800 | $23,600,283 | $12,231,730 | -$11,368,553 |
| FFIV F5 INC | United States | COM · Put | 145,500 | 89,300 | -56,200 | $37,140,330 | $25,837,169 | -$11,303,161 |
| WVE WAVE LIFE SCIENCES LTD | Singapore | SHS · Call | 772,700 | 253,300 | -519,400 | $13,135,900 | $1,836,425 | -$11,299,475 |
| GXO GXO LOGISTICS INCORPORATED | United States | COMMON STOCK · Call | 371,900 | 159,800 | -212,100 | $19,576,816 | $8,285,630 | -$11,291,186 |
| UUUU ENERGY FUELS INC | Canada | COM NEW · Put | 3,250,500 | 3,206,500 | -44,000 | $47,262,270 | $58,518,625 | +$11,256,355 |
| ALLY ALLY FINL INC | United States | COM · Put | 322,600 | 87,600 | -235,000 | $14,610,554 | $3,436,548 | -$11,174,006 |
| CTAS CINTAS CORP | United States | COM · Call | 195,100 | 151,000 | -44,100 | $36,692,457 | $25,540,140 | -$11,152,317 |
| EW EDWARDS LIFESCIENCES CORP | United States | COM · Call | 198,200 | 72,200 | -126,000 | $16,896,550 | $5,781,776 | -$11,114,774 |
| SBET SHARPLINK INC | United States | COM NEW · Call | 2,274,400 | 1,429,800 | -844,600 | $20,333,136 | $9,222,210 | -$11,110,926 |
| FLEX FLEXTRONICS INTL LTD | Singapore | ORD · Call | 394,000 | 195,200 | -198,800 | $23,805,480 | $12,777,792 | -$11,027,688 |
| SLG SL GREEN RLTY CORP | United States | COM · Put | 334,400 | 121,000 | -213,400 | $15,338,928 | $4,469,740 | -$10,869,188 |
| PCT PURECYCLE TECHNOLOGIES INC | United States | COM · Call | 2,829,900 | 2,593,200 | -236,700 | $24,308,841 | $13,458,708 | -$10,850,133 |
| ADM ARCHER DANIELS MIDLAND CO | United States | COM · Put | 421,500 | 184,100 | -237,400 | $24,232,035 | $13,382,229 | -$10,849,806 |
| WVE WAVE LIFE SCIENCES LTD | Singapore | SHS · Put | 792,300 | 362,000 | -430,300 | $13,469,100 | $2,624,500 | -$10,844,600 |
| TSN TYSON FOODS INC | United States | CL A · Put | 378,900 | 177,800 | -201,100 | $22,211,118 | $11,391,646 | -$10,819,472 |
| PROSHARES TR CUSIP 74347R107 | United States | PSHS ULT S&P 500 · Call | 458,500 | 305,100 | -153,400 | $26,556,320 | $15,828,588 | -$10,727,732 |
| RMD RESMED INC | United States | COM · Put | 74,600 | 32,300 | -42,300 | $17,968,902 | $7,250,704 | -$10,718,198 |
| HOG HARLEY DAVIDSON INC | United States | COM · Call | 801,400 | 282,400 | -519,000 | $16,420,686 | $5,710,128 | -$10,710,558 |
| INBX INHIBRX BIOSCIENCES INC | United States | COM · Put | 137,400 | 3,600 | -133,800 | $10,854,600 | $242,028 | -$10,612,572 |
| KNX KNIGHT-SWIFT TRANSN HLDGS IN | United States | CL A · Call | 306,700 | 94,200 | -212,500 | $16,034,276 | $5,424,036 | -$10,610,240 |
| THO THOR INDS INC | United States | COM · Put | 135,700 | 41,600 | -94,100 | $13,932,319 | $3,323,424 | -$10,608,895 |
| VLO VALERO ENERGY CORP | United States | COM · Put | 456,000 | 343,300 | -112,700 | $74,232,240 | $84,822,564 | +$10,590,324 |
| GRAYSCALE ETHEREUM STAKING E CUSIP 389638107 | — | SHS · Call | 708,400 | 391,300 | -317,100 | $17,263,708 | $6,679,491 | -$10,584,217 |
| M MACYS INC | United States | COM · Call | 1,009,800 | 647,900 | -361,900 | $22,266,090 | $11,720,511 | -$10,545,579 |
| SBET SHARPLINK INC | United States | COM NEW · Put | 2,405,100 | 1,702,600 | -702,500 | $21,501,594 | $10,981,770 | -$10,519,824 |
| CLMT CALUMET INC | United States | COM · Call | 1,157,400 | 932,200 | -225,200 | $22,997,538 | $33,465,980 | +$10,468,442 |
| OSCR OSCAR HEALTH INC | United States | CL A · Call | 2,446,600 | 2,154,200 | -292,400 | $35,157,642 | $24,708,674 | -$10,448,968 |
| HSY HERSHEY CO | United States | COM · Put | 126,000 | 60,100 | -65,900 | $22,929,480 | $12,494,189 | -$10,435,291 |
| UHS UNIVERSAL HLTH SVCS INC | United States | CL B · Put | 59,500 | 14,200 | -45,300 | $12,972,190 | $2,541,374 | -$10,430,816 |
| CRH CRH PLC | Ireland | ORD · Put | 170,700 | 104,500 | -66,200 | $21,303,360 | $10,985,040 | -$10,318,320 |
| F FORD MTR CO | United States | COM · Call | 6,147,600 | 6,099,300 | -48,300 | $80,656,512 | $70,385,922 | -$10,270,590 |
| STLA STELLANTIS N.V | United Kingdom | SHS · Put | 1,287,800 | 529,700 | -758,100 | $14,024,142 | $3,755,573 | -$10,268,569 |
| BLDR BUILDERS FIRSTSOURCE INC | United States | COM · Put | 233,500 | 168,700 | -64,800 | $24,024,815 | $13,889,071 | -$10,135,744 |
| FLR FLUOR CORP | United States | COM · Call | 775,800 | 443,200 | -332,600 | $30,744,954 | $20,675,280 | -$10,069,674 |
| PL PLANET LABS PBC | United States | COM CL A · Call | 1,498,900 | 1,417,700 | -81,200 | $29,558,308 | $39,624,715 | +$10,066,407 |
| FHN FIRST HORIZON CORPORATION | United States | COM · Put | 499,100 | 81,900 | -417,200 | $11,928,490 | $1,864,044 | -$10,064,446 |
| OKE ONEOK INC NEW | United States | COM · Put | 374,860 | 193,500 | -181,360 | $27,552,210 | $17,490,465 | -$10,061,745 |
| MPLX MPLX LP | United States | COM UNIT REP LTD · Put | 281,900 | 88,200 | -193,700 | $15,045,003 | $5,033,574 | -$10,011,429 |
| STNG SCORPIO TANKERS INC | Monaco | SHS · Put | 371,900 | 119,300 | -252,600 | $18,903,677 | $8,906,938 | -$9,996,739 |
| OSG OCTAVE SPECIALTY GROUP INC | United States | COM NEW · Call | 1,328,000 | 75,600 | -1,252,400 | $10,331,840 | $351,540 | -$9,980,300 |
| FHN FIRST HORIZON CORPORATION | United States | COM · Call | 1,167,300 | 789,400 | -377,900 | $27,898,470 | $17,966,744 | -$9,931,726 |
| SEDG SOLAREDGE TECHNOLOGIES INC | Israel | COM · Call | 1,950,600 | 908,400 | -1,042,200 | $56,274,810 | $46,373,820 | -$9,900,990 |
| NVT NVENT ELEC PLC | United Kingdom | SHS · Put | 137,900 | 35,300 | -102,600 | $14,061,663 | $4,175,284 | -$9,886,379 |
| CNK CINEMARK HLDGS INC | United States | COM · Call | 675,900 | 204,400 | -471,500 | $15,707,916 | $5,829,488 | -$9,878,428 |
| SRAD SPORTRADAR GROUP AG | Switzerland | CLASS A ORD SHS · Put | 502,300 | 127,100 | -375,200 | $11,939,671 | $2,127,654 | -$9,812,017 |
| CTAS CINTAS CORP | United States | COM · Put | 108,100 | 62,400 | -45,700 | $20,330,367 | $10,554,336 | -$9,776,031 |
| APA APA CORPORATION | United States | COM · Call | 1,440,024 | 1,060,000 | -380,024 | $35,222,987 | $44,986,400 | +$9,763,413 |
| IFF INTERNATIONAL FLAVORS&FRAGRA | United States | COM · Put | 226,800 | 76,200 | -150,600 | $15,284,052 | $5,528,310 | -$9,755,742 |
| KR KROGER CO | United States | COM · Call | 857,200 | 605,500 | -251,700 | $53,557,856 | $43,813,980 | -$9,743,876 |
| PROSHARES TR CUSIP 74347G440 | United States | BITCOIN ETF · Call | 1,539,200 | 981,600 | -557,600 | $18,716,672 | $9,138,696 | -$9,577,976 |
| VG VENTURE GLOBAL INC | United States | COM CL A · Put | 1,202,600 | 1,127,200 | -75,400 | $8,201,732 | $17,764,672 | +$9,562,940 |
| GAP GAP INC | United States | COM · Put | 760,500 | 410,200 | -350,300 | $19,468,800 | $9,926,840 | -$9,541,960 |
| SA SEABRIDGE GOLD INC | Canada | COM · Put | 836,800 | 539,800 | -297,000 | $24,760,912 | $15,297,932 | -$9,462,980 |
| XEL XCEL ENERGY INC | United States | COM · Call | 547,300 | 390,100 | -157,200 | $40,423,578 | $30,989,544 | -$9,434,034 |
| ORA ORMAT TECHNOLOGIES INC | United States | COM · Put | 96,300 | 11,300 | -85,000 | $10,638,261 | $1,264,696 | -$9,373,565 |
| OKE ONEOK INC NEW | United States | COM · Call | 752,008 | 714,800 | -37,208 | $55,272,588 | $64,610,772 | +$9,338,184 |
| RBRK RUBRIK INC. | United States | CL A · Put | 222,700 | 158,200 | -64,500 | $17,032,096 | $7,747,054 | -$9,285,042 |
| ALV AUTOLIV INC | Sweden | COM · Call | 82,700 | 5,500 | -77,200 | $9,816,490 | $578,380 | -$9,238,110 |
| APTV APTIV PLC | United Kingdom | COM SHS · Put | 163,000 | 45,600 | -117,400 | $12,402,670 | $3,166,464 | -$9,236,206 |
| MBLY MOBILEYE GLOBAL INC | Israel | COMMON CLASS A · Call | 1,285,300 | 609,600 | -675,700 | $13,418,532 | $4,187,952 | -$9,230,580 |
| CHKP CHECK POINT SOFTWARE TECH LT | Israel | ORD · Put | 117,000 | 87,600 | -29,400 | $21,710,520 | $12,513,660 | -$9,196,860 |
| INOD INNODATA INC | United States | COM NEW · Put | 280,500 | 132,000 | -148,500 | $14,291,475 | $5,097,840 | -$9,193,635 |
| NTNX NUTANIX INC | United States | CL A · Call | 375,700 | 270,600 | -105,100 | $19,419,933 | $10,285,506 | -$9,134,427 |
| WEC WEC ENERGY GROUP INC | United States | COM · Put | 137,000 | 46,300 | -90,700 | $14,448,020 | $5,360,151 | -$9,087,869 |
| DOCS DOXIMITY INC | United States | CL A · Call | 270,400 | 124,100 | -146,300 | $11,973,312 | $2,891,530 | -$9,081,782 |
| KMI KINDER MORGAN INC DEL | United States | COM · Put | 1,276,300 | 776,800 | -499,500 | $35,085,487 | $26,046,104 | -$9,039,383 |
| FIS FIDELITY NATL INFORMATION SV | United States | COM · Put | 260,600 | 179,500 | -81,100 | $17,319,476 | $8,420,345 | -$8,899,131 |