Parallel Advisors, LLC

SAN FRANCISCO, CA · CIK 1690010 · 13F filing filed 2023-02-06

SEC-registered investment adviser since 2007 · limited liability company

Assets managed$10.3bn
Staff137 · 61 in investment roles
Main clients (by assets)High net worth individuals 53%, Individuals 37%, Pension plans 9%
Form ADV · 2026-06-29SEC adviser record

$2.3bn reported value +6.2% vs Q3 2022

3,363positions

37.0%in top 10

200 new 1,160 added 1,305 reduced 292 sold out vs Q3 2022

Options: 17 call positions ($683 notional), 1 put positions ($136 notional) – listed below, not included above.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR CORE S&P TTL STK ITOT	ITOT	3,198,190	$271.2m11.76%	11.76%	Reduced -168.8k	-168,767 -5.0%
2	CVB FINL CORP COM CVBF	CVBF	3,826,884	$98.5m4.27%	4.27%	Reduced -6.3k	-6,324 -0.2%
3	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	1,128,392	$85.2m3.70%	3.70%	Added +520.8k	+520,792 85.7%
4	APPLE INC COM AAPL	AAPL	632,464	$82.2m3.56%	3.56%	Reduced -3.9k	-3,877 -0.6%
5	CORCEPT THERAPEUTICS INC COM CORT	CORT	3,724,664	$75.6m3.28%	3.28%	Reduced -44.8k	-44,791 -1.2%
6	ISHARES TR INTL SEL DIV ETF IDV	IDV	2,318,083	$63.0m2.73%	2.73%	Added +658.0k	+658,013 39.6%
7	ISHARES TR CORE MSCI EAFE IEFA	IEFA	950,261	$58.6m2.54%	2.54%	Reduced -268.9k	-268,887 -22.1%
8	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	319,003	$45.1m1.95%	1.95%	Added +50.2k	+50,175 18.7%
9	MICROSOFT CORP COM MSFT	MSFT	156,651	$37.6m1.63%	1.63%	Added +3.6k	+3,647 2.4%
10	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	211,609	$36.9m1.60%	1.60%	Reduced -4.7k	-4,689 -2.2%
11	SELECT SECTOR SPDR TR ENERGY XLE	XLE	417,973	$36.6m1.59%	1.59%	Reduced -31.7k	-31,724 -7.0%
12	ISHARES TR MSCI USA MIN VOL USMV	USMV	445,247	$32.1m1.39%	1.39%	Added +25.9k	+25,946 6.2%
13	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	553,252	$27.7m1.20%	1.20%	Added +135.8k	+135,812 32.5%
14	ISHARES TR CORE US AGGBD ET AGG	AGG	273,945	$26.6m1.15%	1.15%	Added +99.5k	+99,470 57.0%
15	ISHARES TR CORE S&P500 ETF IVV	IVV	63,782	$24.5m1.06%	1.06%	Added +2.0k	+2,002 3.2%
16	SPDR GOLD TR GOLD SHS GLD	GLD	136,614	$23.2m1.00%	1.00%	Reduced -51.4k	-51,410 -27.3%
17	AMAZON COM INC COM AMZN	AMZN	267,009	$22.4m0.97%	0.97%	Reduced -9.5k	-9,515 -3.4%
18	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	116,135	$22.2m0.96%	0.96%	Added +17.4k	+17,404 17.6%
19	ALPHABET INC CAP STK CL A GOOGL	GOOGL	248,745	$21.9m0.95%	0.95%	Reduced -3.4k	-3,360 -1.3%
20	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	419,459	$19.8m0.86%	0.86%	Reduced -36.8k	-36,762 -8.1%
21	ISHARES TR TIPS BD ETF TIP	TIP	180,301	$19.2m0.83%	0.83%	Added +5.5k	+5,453 3.1%
22	OKTA INC CL A OKTA	OKTA	280,095	$19.1m0.83%	0.83%	Reduced -371	-371 -0.1%
23	ISHARES TR 10-20 YR TRS ETF TLH	TLH	167,291	$18.1m0.78%	0.78%	Added +31.7k	+31,659 23.3%
24	ISHARES INC MSCI EMERG MRKT EEMV	EEMV	324,699	$17.2m0.75%	0.75%	Added +27.6k	+27,588 9.3%
25	ALPHABET INC CAP STK CL C GOOG	GOOG	187,303	$16.6m0.72%	0.72%	Reduced -4.2k	-4,240 -2.2%
26	VANGUARD INDEX FDS VALUE ETF VTV	VTV	109,940	$15.4m0.67%	0.67%	Reduced -672	-672 -0.6%
27	READY CAPITAL CORP COM RC	RC	1,359,768	$15.1m0.66%	0.66%	Reduced -94.2k	-94,207 -6.5%
28	ISHARES INC CORE MSCI EMKT IEMG	IEMG	309,693	$14.5m0.63%	0.63%	Reduced -32	-32 -0.0%
29	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	37,312	$14.3m0.62%	0.62%	Reduced -2.3k	-2,274 -5.7%
30	VISA INC COM CL A V	V	67,634	$14.1m0.61%	0.61%	Added +2.4k	+2,441 3.7%
31	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	41,429	$12.8m0.55%	0.55%	Added +1.5k	+1,542 3.9%
32	ISHARES TR MSCI USA VALUE VLUE	VLUE	137,193	$12.5m0.54%	0.54%	Reduced -77.2k	-77,180 -36.0%
33	REALTY INCOME CORP COM O	O	175,137	$11.1m0.48%	0.48%	Added +726	+726 0.4%
34	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	41,467	$11.0m0.48%	0.48%	Reduced -4.0k	-4,034 -8.9%
35	ISHARES TR GLOBAL TECH ETF IXN	IXN	242,373	$10.9m0.47%	0.47%	Reduced -53.9k	-53,915 -18.2%
36	ISHARES TR MSCI EAFE ETF EFA	EFA	164,924	$10.8m0.47%	0.47%	Added +36.8k	+36,811 28.7%
37	COSTCO WHSL CORP NEW COM COST	COST	22,835	$10.4m0.45%	0.45%	Added +519	+519 2.3%
38	NVIDIA CORPORATION COM NVDA	NVDA	71,186	$10.4m0.45%	0.45%	Added +5.1k	+5,095 7.7%
39	JOHNSON & JOHNSON COM JNJ	JNJ	58,591	$10.4m0.45%	0.45%	Added +2.4k	+2,373 4.2%
40	VANGUARD INDEX FDS MID CAP ETF VO	VO	50,435	$10.3m0.45%	0.45%	Reduced -1.3k	-1,268 -2.5%
41	UNITEDHEALTH GROUP INC COM UNH	UNH	18,881	$10.0m0.43%	0.43%	Added +958	+958 5.3%
42	CHEVRON CORP NEW COM CVX	CVX	55,472	$10.0m0.43%	0.43%	Added +1.2k	+1,219 2.2%
43	VANGUARD WHITEHALL FDS HIGH DIV YLD VYM	VYM	90,390	$9.8m0.42%	0.42%	Added +17.1k	+17,147 23.4%
44	JPMORGAN CHASE & CO COM JPM	JPM	69,076	$9.3m0.40%	0.40%	Added +2.2k	+2,152 3.2%
45	ISHARES TR CORE S&P SCP ETF IJR	IJR	87,537	$8.3m0.36%	0.36%	Reduced -102.6k	-102,556 -54.0%
46	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	54,264	$8.2m0.36%	0.36%	Reduced -1.3k	-1,252 -2.3%
47	COUPANG INC CL A CPNG	CPNG	549,049	$8.1m0.35%	0.35%	Reduced -1.0k	-1,043 -0.2%
48	HOME DEPOT INC COM HD	HD	25,511	$8.1m0.35%	0.35%	Added +1.5k	+1,500 6.2%
49	ELI LILLY & CO COM LLY	LLY	20,369	$7.5m0.32%	0.32%	Added +559	+559 2.8%
50	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	46,124	$7.3m0.32%	0.32%	Added +37	+37 0.1%
51	VANGUARD INDEX FDS SMALL CP ETF VB	VB	39,391	$7.2m0.31%	0.31%	Reduced -11.6k	-11,611 -22.8%
52	PIMCO ETF TR ACTIVE BD ETF BOND	BOND	75,690	$6.8m0.30%	0.30%	Added +6.5k	+6,517 9.4%
53	ISHARES TR RUS 1000 VAL ETF IWD	IWD	44,478	$6.7m0.29%	0.29%	Added +10.1k	+10,109 29.4%
54	PROCTER AND GAMBLE CO COM PG	PG	44,402	$6.7m0.29%	0.29%	Added +872	+872 2.0%
55	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	12,110	$6.7m0.29%	0.29%	Reduced -437	-437 -3.5%
56	ISHARES TR S&P 500 VAL ETF IVE	IVE	45,333	$6.6m0.29%	0.29%	Added +7.3k	+7,280 19.1%
57	UBER TECHNOLOGIES INC COM UBER	UBER	257,863	$6.4m0.28%	0.28%	Reduced -10.8k	-10,803 -4.0%
58	EXXON MOBIL CORP COM XOM	XOM	57,632	$6.4m0.28%	0.28%	Added +2.4k	+2,413 4.4%
59	VERIZON COMMUNICATIONS INC COM VZ	VZ	161,174	$6.4m0.28%	0.28%	Added +5.2k	+5,232 3.4%
60	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	973,714	$6.3m0.27%	0.27%	Reduced -2.2k	-2,178 -0.2%
61	DOXIMITY INC CL A DOCS	DOCS	185,787	$6.2m0.27%	0.27%	Reduced -121	-121 -0.1%
62	PAYONEER GLOBAL INC COM PAYO	PAYO	1,102,021	$6.0m0.26%	0.26%	Reduced -160.8k	-160,772 -12.7%
63	WALMART INC COM WMT	WMT	42,505	$6.0m0.26%	0.26%	Added +2.3k	+2,270 5.6%
64	ABBVIE INC COM ABBV	ABBV	36,704	$5.9m0.26%	0.26%	Added +3.3k	+3,307 9.9%
65	ISHARES TR SHORT TREAS BD SHV	SHV	53,601	$5.9m0.26%	0.26%	Added +35.8k	+35,758 200.4%
66	PEPSICO INC COM PEP	PEP	32,580	$5.9m0.26%	0.26%	Added +2.1k	+2,114 6.9%
67	MERCK & CO INC COM MRK	MRK	52,495	$5.8m0.25%	0.25%	Added +3.2k	+3,250 6.6%
68	ISHARES TR MSCI ACWI ETF ACWI	ACWI	67,948	$5.8m0.25%	0.25%	Reduced -22.8k	-22,810 -25.1%
69	ISHARES TR 1 3 YR TREAS BD SHY	SHY	69,207	$5.6m0.24%	0.24%	Added +33.2k	+33,154 92.0%
70	META PLATFORMS INC CL A META	META	46,490	$5.6m0.24%	0.24%	Reduced -3.4k	-3,406 -6.8%
71	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	47,813	$5.4m0.24%	0.24%	Reduced -2.9k	-2,900 -5.7%
72	NETFLIX INC COM NFLX	NFLX	18,447	$5.4m0.24%	0.24%	Reduced -1.3k	-1,311 -6.6%
73	SPDR SER TR PORTFOLIO SHORT SPSB	SPSB	184,030	$5.4m0.23%	0.23%	Reduced -204.0k	-203,967 -52.6%
74	TESLA INC COM TSLA	TSLA	41,668	$5.1m0.22%	0.22%	Reduced -6.0k	-5,954 -12.5%
75	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	98,988	$5.1m0.22%	0.22%	Added +29.1k	+29,124 41.7%
76	CISCO SYS INC COM CSCO	CSCO	104,982	$5.0m0.22%	0.22%	Added +8.7k	+8,680 9.0%
77	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	64,055	$4.8m0.21%	0.21%	Reduced -8.9k	-8,919 -12.2%
78	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	66,734	$4.8m0.21%	0.21%	Added +5.0k	+4,995 8.1%
79	ADOBE INC COM ADBE	ADBE	13,716	$4.6m0.20%	0.20%	Added +1.3k	+1,324 10.7%
80	VANGUARD WORLD FD ESG US STK ETF ESGV	ESGV	69,830	$4.6m0.20%	0.20%	Reduced -6.8k	-6,768 -8.8%
81	SALESFORCE INC COM CRM	CRM	34,233	$4.5m0.20%	0.20%	Reduced -4.3k	-4,328 -11.2%
82	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	139,544	$4.5m0.19%	0.19%	Reduced -74.7k	-74,666 -34.9%
83	ISHARES GOLD TR ISHARES NEW IAU	IAU	128,369	$4.4m0.19%	0.19%	Added +28.2k	+28,203 28.2%
84	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	52,390	$4.3m0.19%	0.19%	Added +8.8k	+8,775 20.1%
85	COCA COLA CO COM KO	KO	64,926	$4.1m0.18%	0.18%	Added +1.7k	+1,677 2.6%
86	PFIZER INC COM PFE	PFE	80,191	$4.1m0.18%	0.18%	Added +9.3k	+9,306 13.1%
87	MONDELEZ INTL INC CL A MDLZ	MDLZ	60,812	$4.1m0.18%	0.18%	Added +5.0k	+5,012 9.0%
88	SCHWAB STRATEGIC TR US BRD MKT ETF SCHB	SCHB	90,076	$4.0m0.18%	0.18%	Reduced -1.7k	-1,749 -1.9%
89	TEXAS INSTRS INC COM TXN	TXN	24,171	$4.0m0.17%	0.17%	Reduced -289	-289 -1.2%
90	SPDR SER TR S&P DIVID ETF SDY	SDY	31,314	$3.9m0.17%	0.17%	Added +8.1k	+8,103 34.9%
91	MASTERCARD INCORPORATED CL A MA	MA	10,918	$3.8m0.16%	0.16%	Added +695	+695 6.8%
92	SCHWAB STRATEGIC TR EMRG MKTEQ ETF SCHE	SCHE	159,963	$3.8m0.16%	0.16%	Reduced -45.8k	-45,831 -22.3%
93	DISNEY WALT CO COM DIS	DIS	43,331	$3.8m0.16%	0.16%	Reduced -4.7k	-4,712 -9.8%
94	INVESCO EXCH TRADED FD TR II S&P500 LOW VOL SPLV	SPLV	58,170	$3.7m0.16%	0.16%	Added +4.1k	+4,125 7.6%
95	NEXTERA ENERGY INC COM NEE	NEE	43,787	$3.7m0.16%	0.16%	Reduced -3.5k	-3,475 -7.3%
96	MORGAN STANLEY COM NEW MS	MS	42,911	$3.6m0.16%	0.16%	Added +3.3k	+3,324 8.4%
97	ISHARES TR SP SMCP600VL ETF IJS	IJS	39,797	$3.6m0.16%	0.16%	Reduced -1	-1 0.0%
98	PALO ALTO NETWORKS INC COM PANW	PANW	26,010	$3.6m0.16%	0.16%	Added +476	+476 1.9%
99	GILEAD SCIENCES INC COM GILD	GILD	42,238	$3.6m0.16%	0.16%	Reduced -2.4k	-2,389 -5.3%
100	VANGUARD BD INDEX FDS TOTAL BND MRKT BND	BND	49,838	$3.6m0.16%	0.16%	Added +21.2k	+21,159 73.8%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
TWITTER INC TWTR	TWTR	29,574	$1.3m29.6k shares
ZENDESK INC		7,627	$580.0k7.6k shares
NUVEEN MUNICIPAL CREDIT INC NZF	NZF	45,901	$522.0k45.9k shares
EVANS BANCORP INC EVBN	EVBN	6,750	$247.0k6.8k shares
ISHARES TR IPAC	IPAC	4,000	$192.0k4.0k shares
CITRIX SYS INC CTXS	CTXS	1,299	$135.0k1.3k shares
SWEDISH EXPT CR CORP RJA	RJA	14,220	$129.0k14.2k shares
INVESCO EXCH TRADED FD TR II KBWB	KBWB	2,233	$110.0k2.2k shares
DUKE REALTY CORP DRE	DRE	2,067	$100.0k2.1k shares
LISTED FD TR CCOR	CCOR	3,370	$100.0k3.4k shares
HANCOCK JOHN TAX-ADVANTAGED HTD	HTD	4,355	$91.0k4.4k shares
BLACKROCK MUNIHLDNGS CALI QL MUC	MUC	8,040	$86.0k8.0k shares
CHANNELADVISOR CORP		3,676	$83.0k3.7k shares
FIRST TR EXCHANGE TRADED FD AIRR	AIRR	1,564	$60.0k1.6k shares
SWITCH INC SWCH	SWCH	1,680	$57.0k1.7k shares
COCRYSTAL PHARMA INC		182,708	$53.0k182.7k shares
RECHARGE ACQUISITION CORP		5,000	$51.0k5.0k shares
CONTINENTAL RES INC CLR	CLR	670	$45.0k670 shares
ABIOMED INC ABMD	ABMD	184	$45.0k184 shares
INVESCO VALUE MUN INCOME TR IIM	IIM	3,275	$38.0k3.3k shares
NIELSEN HLDGS PLC NLSN	NLSN	1,173	$33.0k1.2k shares
BLACKROCK ETF TRUST DYNF	DYNF	1,169	$32.0k1.2k shares
ISHARES TR		1,157	$30.0k1.2k shares
EXCHANGE TRADED CONCEPTS TRU ROBO	ROBO	667	$28.0k667 shares
IRONSOURCE LTD IS5EUR	IS5EUR	8,157	$28.0k8.2k shares

Options (notional value)

Underlying	Type	Shares controlled	Notional	Change
AMAZON.COM INC JAN 17 25 USD85 100 SHS Call	Call	2,200	$1852.2k shares	New
APPLE INC COM JUN 16 23 USD145 100 SHS Put	Put	1,000	$1361.0k shares	New
ALPHABET INC CAP STK JAN 17 25 USD90 100 SHS Call	Call	100	$85100 shares	New
MICROSOFT CORP JAN 17 25 USD240 100 SHS Call	Call	300	$72300 shares	New
ALPHABET INC CAP STK JUN 21 24 USD110 100 SHS Call	Call	300	$48300 shares	Unchanged
AMAZON.COM INC JAN 17 25 USD95 100 SHS Call	Call	200	$41200 shares	New
ILLUMINA INC COM JAN 17 25 USD230 100 SHS Call	Call	400	$29400 shares	New
AMAZON.COM INC JAN 17 25 USD90 100 SHS Call	Call	300	$26300 shares	New
MICROSOFT CORP JUN 21 24 USD255 100 SHS Call	Call	100	$24100 shares	Unchanged
MICROSOFT CORP JUN 21 24 USD265 100 SHS Call	Call	100	$24100 shares	Reduced
MICROSOFT CORP JUN 21 24 USD250 100 SHS Call	Call	100	$24100 shares	Unchanged
MICROSOFT CORP JUN 21 24 USD270 100 SHS Call	Call	100	$24100 shares	Unchanged
COUPANG INC CL A JAN 17 25 USD15 100 SHS Call	Call	1,500	$221.5k shares	New
CALL (MELI) MERCADOLIBRE INC COM JAN 19 24 USD800 (100 SHS) Call	Call	100	$20100 shares	Unchanged
MARVELL TECHNOLOGY JAN 17 25 USD35 100 SHS Call	Call	500	$18500 shares	New
ILLUMINA INC COM JAN 17 25 USD190 100 SHS Call	Call	200	$17200 shares	New
COUPANG INC CL A JAN 19 24 USD15 100 SHS Call	Call	1,000	$151.0k shares	Unchanged
MARVELL TECHNOLOGY JAN 17 25 USD37.5 100 SHS Call	Call	100	$9100 shares	New