Parallel Advisors, LLC

SAN FRANCISCO, CA · CIK 1690010 · 13F filing filed 2025-02-10

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

$4.4bn reported value +4.4% vs Q3 2024

3,502positions

37.2%in top 10

268 new 1,535 added 987 reduced 167 sold out vs Q3 2024

Options: 18 call positions ($871.4k notional), 5 put positions ($21.5m notional) – listed below, not included above.

Holdings, Q4 2024

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&P500 ETF IVV	IVV	682,336	$401.7m9.08%	9.08%	Added +26.1k	+26,132 4.0%
2	ISHARES TR CORE S&P TTL STK ITOT	ITOT	2,571,020	$330.7m7.48%	7.48%	Reduced -40.6k	-40,564 -1.6%
3	APPLE INC COM AAPL	AAPL	854,070	$213.9m4.83%	4.83%	Added +10.5k	+10,484 1.2%
4	CORCEPT THERAPEUTICS INC COM CORT	CORT	3,829,632	$193.0m4.36%	4.36%	Added +15.9k	+15,908 0.4%
5	NVIDIA CORPORATION COM NVDA	NVDA	1,067,899	$143.4m3.24%	3.24%	Added +34.0k	+33,999 3.3%
6	AMAZON COM INC COM AMZN	AMZN	381,606	$83.7m1.89%	1.89%	Added +6.2k	+6,154 1.6%
7	MICROSOFT CORP COM MSFT	MSFT	188,846	$79.6m1.80%	1.80%	Added +3.5k	+3,505 1.9%
8	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	1,362,429	$69.8m1.58%	1.58%	Added +94.2k	+94,168 7.4%
9	ISHARES TR CORE MSCI EAFE IEFA	IEFA	963,488	$67.7m1.53%	1.53%	Added +23.6k	+23,562 2.5%
10	CVB FINL CORP COM CVBF	CVBF	2,947,617	$63.1m1.43%	1.43%	Reduced -26	-26 0.0%
11	ALPHABET INC CAP STK CL C GOOG	GOOG	322,015	$61.3m1.39%	1.39%	Added +28.6k	+28,646 9.8%
12	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	224,627	$60.6m1.37%	1.37%	Reduced -2.5k	-2,453 -1.1%
13	ALPHABET INC CAP STK CL A GOOGL	GOOGL	299,171	$56.6m1.28%	1.28%	Added +14.4k	+14,385 5.0%
14	ISHARES TR S&P 500 GRWT ETF IVW	IVW	451,256	$45.8m1.04%	1.04%	Added +35.8k	+35,753 8.6%
15	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	151,187	$43.8m0.99%	0.99%	Reduced -495	-495 -0.3%
16	COSTCO WHSL CORP NEW COM COST	COST	46,623	$42.7m0.97%	0.97%	Reduced -393	-393 -0.8%
17	VANGUARD INDEX FDS SMALL CP ETF VB	VB	167,595	$40.3m0.91%	0.91%	Added +361	+361 0.2%
18	META PLATFORMS INC CL A META	META	64,421	$37.7m0.85%	0.85%	Added +1.3k	+1,299 2.1%
19	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	481,288	$36.4m0.82%	0.82%	Reduced -134.1k	-134,115 -21.8%
20	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	202,560	$36.1m0.82%	0.82%	Reduced -5.7k	-5,701 -2.7%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	77,454	$35.1m0.79%	0.79%	Added +418	+418 0.5%
22	JPMORGAN CHASE & CO COM JPM	JPM	129,516	$31.0m0.70%	0.70%	Added +1.2k	+1,170 0.9%
23	ISHARES TR CORE US AGGBD ET AGG	AGG	287,401	$27.8m0.63%	0.63%	Reduced -2.3k	-2,260 -0.8%
24	JANUS DETROIT STR TR HENDERSON MTG JMBS	JMBS	604,311	$26.7m0.60%	0.60%	Added +53.8k	+53,760 9.8%
25	TESLA INC COM TSLA	TSLA	65,290	$26.4m0.60%	0.60%	Added +7.4k	+7,439 12.9%
26	VISA INC COM CL A V	V	77,744	$24.6m0.56%	0.56%	Added +2.1k	+2,117 2.8%
27	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	46,090	$23.6m0.53%	0.53%	Added +559	+559 1.2%
28	NETFLIX INC COM NFLX	NFLX	25,693	$22.9m0.52%	0.52%	Added +645	+645 2.6%
29	VANGUARD INDEX FDS VALUE ETF VTV	VTV	132,907	$22.5m0.51%	0.51%	Added +6.4k	+6,421 5.1%
30	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	38,232	$22.4m0.51%	0.51%	Added +2.8k	+2,832 8.0%
31	SALESFORCE INC COM CRM	CRM	66,934	$22.4m0.51%	0.51%	Added +237	+237 0.4%
32	ISHARES TR GLOBAL TECH ETF IXN	IXN	262,747	$22.3m0.50%	0.50%	Added +5.3k	+5,325 2.1%
33	MASTERCARD INCORPORATED CL A MA	MA	42,178	$22.2m0.50%	0.50%	Added +837	+837 2.0%
34	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	451,162	$21.6m0.49%	0.49%	Reduced -9.7k	-9,682 -2.1%
35	ISHARES TR INVESTMENT GRADE IGEB	IGEB	481,882	$21.4m0.48%	0.48%	Added +36.8k	+36,825 8.3%
36	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	40,283	$21.0m0.48%	0.48%	Added +3.9k	+3,914 10.8%
37	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	59,584	$21.0m0.47%	0.47%	Added +371	+371 0.6%
38	ELI LILLY & CO COM LLY	LLY	26,277	$20.3m0.46%	0.46%	Added +2.6k	+2,628 11.1%
39	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	37,044	$20.0m0.45%	0.45%	Added +934	+934 2.6%
40	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	269,476	$19.2m0.44%	0.44%	Added +12.5k	+12,474 4.8%
41	ABBVIE INC COM ABBV	ABBV	108,185	$19.2m0.43%	0.43%	Reduced -620	-620 -0.6%
42	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	236,172	$19.0m0.43%	0.43%	Added +8.4k	+8,444 3.7%
43	ISHARES INC CORE MSCI EMKT IEMG	IEMG	356,421	$18.6m0.42%	0.42%	Added +7.8k	+7,806 2.2%
44	UNITEDHEALTH GROUP INC COM UNH	UNH	34,536	$17.5m0.39%	0.39%	Reduced -2.1k	-2,102 -5.7%
45	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	33,344	$17.3m0.39%	0.39%	Added +8	+8 0.0%
46	BROADCOM INC COM AVGO	AVGO	73,876	$17.1m0.39%	0.39%	Added +3.0k	+3,038 4.3%
47	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	625,235	$17.1m0.39%	0.39%	Reduced -37.7k	-37,672 -5.7%
48	CROWN CASTLE INC COM CCI	CCI	183,965	$16.7m0.38%	0.38%	Added +179.3k	+179,281 3827.5%
49	ISHARES TR MSCI EAFE ETF EFA	EFA	215,082	$16.3m0.37%	0.37%	Added +3.2k	+3,243 1.5%
50	INTUIT COM INTU	INTU	25,803	$16.2m0.37%	0.37%	Added +2.4k	+2,429 10.4%
51	TJX COS INC NEW COM TJX	TJX	132,716	$16.0m0.36%	0.36%	Added +1.7k	+1,723 1.3%
52	UBER TECHNOLOGIES INC COM UBER	UBER	265,171	$16.0m0.36%	0.36%	Reduced -6.6k	-6,625 -2.4%
53	CHEVRON CORP NEW COM CVX	CVX	110,090	$15.9m0.36%	0.36%	Added +148	+148 0.1%
54	ADOBE INC COM ADBE	ADBE	35,514	$15.8m0.36%	0.36%	Reduced -50	-50 -0.1%
55	BOOKING HOLDINGS INC COM BKNG	BKNG	3,102	$15.4m0.35%	0.35%	Added +3	+3 0.1%
56	ISHARES TR INTL SEL DIV ETF IDV	IDV	550,922	$15.1m0.34%	0.34%	Reduced -10.5k	-10,493 -1.9%
57	VANGUARD INDEX FDS MID CAP ETF VO	VO	56,090	$14.8m0.33%	0.33%	Added +359	+359 0.6%
58	ABBOTT LABS COM ABT	ABT	125,869	$14.2m0.32%	0.32%	Added +4.5k	+4,544 3.8%
59	WALMART INC COM WMT	WMT	146,448	$13.2m0.30%	0.30%	Added +9.0k	+8,968 6.5%
60	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	71,952	$12.6m0.29%	0.29%	Added +1.1k	+1,069 1.5%
61	ISHARES TR IBOXX HI YD ETF HYG	HYG	160,250	$12.6m0.28%	0.28%	Added +2.9k	+2,868 1.8%
62	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	273,120	$12.0m0.27%	0.27%	Added +2.0k	+2,000 0.7%
63	BLACKROCK INC COM BLK	BLK	11,702	$12.0m0.27%	0.27%	Reduced -46	-46 -0.4%
64	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	148,244	$11.6m0.26%	0.26%	Reduced -10.4k	-10,377 -6.5%
65	HOME DEPOT INC COM HD	HD	29,650	$11.5m0.26%	0.26%	Added +406	+406 1.4%
66	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	58,002	$11.4m0.26%	0.26%	Reduced -3.4k	-3,423 -5.6%
67	ORACLE CORP COM ORCL	ORCL	67,022	$11.2m0.25%	0.25%	Reduced -204	-204 -0.3%
68	HONEYWELL INTL INC COM COM		48,537	$11.0m0.25%	0.25%	Added +634	+634 1.3%
69	VERIZON COMMUNICATIONS INC COM VZ	VZ	269,632	$10.8m0.24%	0.24%	Reduced -10.2k	-10,245 -3.7%
70	PROCTER AND GAMBLE CO COM PG	PG	64,257	$10.8m0.24%	0.24%	Added +402	+402 0.6%
71	DONALDSON INC COM DCI	DCI	158,657	$10.7m0.24%	0.24%	Reduced -654	-654 -0.4%
72	JOHNSON & JOHNSON COM JNJ	JNJ	72,471	$10.5m0.24%	0.24%	Reduced -5.5k	-5,465 -7.0%
73	ISHARES TR S&P 500 VAL ETF IVE	IVE	54,698	$10.4m0.24%	0.24%	Reduced -499	-499 -0.9%
74	SHERWIN WILLIAMS CO COM SHW	SHW	29,929	$10.2m0.23%	0.23%	Added +511	+511 1.7%
75	ECOLAB INC COM ECL	ECL	42,553	$10.0m0.23%	0.23%	Reduced -544	-544 -1.3%
76	ISHARES TR RUS 1000 GRW ETF IWF	IWF	24,566	$9.9m0.22%	0.22%	Added +2.8k	+2,808 12.9%
77	NEXTERA ENERGY INC COM NEE	NEE	137,034	$9.8m0.22%	0.22%	Added +1.0k	+1,015 0.8%
78	PALO ALTO NETWORKS INC COM PANW	PANW	51,769	$9.4m0.21%	0.21%	Added +659	+659 1.3%
79	ISHARES TR CORE S&P MCP ETF IJH	IJH	151,016	$9.4m0.21%	0.21%	Reduced -1.2k	-1,232 -0.8%
80	REALTY INCOME CORP COM O	O	174,189	$9.3m0.21%	0.21%	Reduced -307	-307 -0.2%
81	SPDR GOLD TR GOLD SHS GLD	GLD	37,976	$9.2m0.21%	0.21%	Added +460	+460 1.2%
82	COUPANG INC CL A CPNG	CPNG	413,012	$9.1m0.21%	0.21%	Reduced -22.1k	-22,066 -5.1%
83	DISNEY WALT CO COM DIS	DIS	80,907	$9.0m0.20%	0.20%	Reduced -2.9k	-2,912 -3.5%
84	ISHARES TR CORE S&P SCP ETF IJR	IJR	78,094	$9.0m0.20%	0.20%	Added +5.9k	+5,929 8.2%
85	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	45,074	$8.9m0.20%	0.20%	Added +48	+48 0.1%
86	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	175,521	$8.9m0.20%	0.20%	Reduced -7.8k	-7,843 -4.3%
87	ISHARES TR US TREAS BD ETF GOVT	GOVT	377,730	$8.7m0.20%	0.20%	Added +30.5k	+30,518 8.8%
88	MCCORMICK & CO INC COM NON VTG MKC	MKC	112,328	$8.6m0.19%	0.19%	Reduced -1.6k	-1,646 -1.4%
89	ROPER TECHNOLOGIES INC COM ROP	ROP	16,217	$8.4m0.19%	0.19%	Added +152	+152 0.9%
90	ISHARES TR MSCI USA MIN VOL USMV	USMV	93,736	$8.3m0.19%	0.19%	Reduced -2.4k	-2,381 -2.5%
91	COLGATE PALMOLIVE CO COM CL	CL	89,538	$8.1m0.18%	0.18%	Reduced -910	-910 -1.0%
92	SELECT SECTOR SPDR TR ENERGY XLE	XLE	92,712	$7.9m0.18%	0.18%	Reduced -3.7k	-3,683 -3.8%
93	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	212,811	$7.9m0.18%	0.18%	Added +61.2k	+61,152 40.3%
94	VANGUARD WORLD FD INF TECH ETF VGT	VGT	12,656	$7.9m0.18%	0.18%	Reduced -238	-238 -1.9%
95	EXXON MOBIL CORP COM XOM	XOM	72,667	$7.8m0.18%	0.18%	Added +315	+315 0.4%
96	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	86,907	$7.7m0.18%	0.18%	Reduced -191	-191 -0.2%
97	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	22,328	$7.6m0.17%	0.17%	Reduced -275	-275 -1.2%
98	ILLINOIS TOOL WKS INC COM ITW	ITW	29,552	$7.5m0.17%	0.17%	Reduced -3.0k	-2,981 -9.2%
99	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	17,724	$7.3m0.16%	0.16%	Reduced -598	-598 -3.3%
100	FIDELITY MERRIMACK STR TR TOTAL BD ETF FBND	FBND	162,084	$7.3m0.16%	0.16%	Added +12.3k	+12,255 8.2%

Sold out since Q3 2024

Security	Ticker	Shares held before	Value then
ARISTA NETWORKS INC		40,156	$3.9m40.2k shares
ISHARES TR IBDP	IBDP	145,949	$3.7m145.9k shares
MARATHON OIL CORP MRO	MRO	12,698	$338.2k12.7k shares
ISHARES TR		11,063	$288.7k11.1k shares
ISHARES TR IBHD	IBHD	10,141	$236.2k10.1k shares
ORANGE ORANY	ORANY	19,083	$219.1k19.1k shares
AVANGRID INC AGR	AGR	5,365	$192.0k5.4k shares
NYLI MACKAY DEFINEDTERM MUNI MMD	MMD	8,307	$140.1k8.3k shares
APTIV PLC 99911EUR	99911EUR	1,600	$115.2k1.6k shares
GLOBAL X FDS SIL	SIL	2,825	$99.1k2.8k shares
ALPS ETF TR REIT	REIT	3,372	$98.4k3.4k shares
ISHARES TR EWU	EWU	2,365	$88.5k2.4k shares
ISHARES TR JXI	JXI	1,100	$77.8k1.1k shares
GRAYSCALE ETHEREUM MINI TR E		29,242	$71.3k29.2k shares
SOUTHWESTERN ENERGY CO SWN	SWN	9,060	$64.4k9.1k shares
RING ENERGY INC REI	REI	36,170	$57.9k36.2k shares
COLUMBIA ETF TR II INCO	INCO	706	$54.3k706 shares
BROOKFIELD RENEWABLE CORP		1,575	$51.4k1.6k shares
SITE CTRS CORP SITC	SITC	847	$51.2k847 shares
VANECK ETF TRUST BBH	BBH	280	$49.7k280 shares
ETF OPPORTUNITIES TRUST FEPI	FEPI	968	$49.6k968 shares
CATALENT INC CTLT	CTLT	796	$48.2k796 shares
VECTOR GROUP LTD VGR	VGR	2,680	$40.0k2.7k shares
SPECTRUM BRANDS HLDGS INC NE SPB	SPB	394	$37.5k394 shares
ISHARES INC EWN	EWN	701	$35.7k701 shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P500 ETF FEB 21 25 $510 (100 SHS) Put		Put	15,700	$9.2m15.7k shares	New
SPDR S&P500 ETF JAN 17 25 $515 (100 SHS) Put		Put	14,600	$8.6m14.6k shares	New
PALANTIR JUN 20 25 $50 (100 SHS) Put		Put	20,000	$1.5m20.0k shares	New
PALANTIR TECHNOLOGIES IN PUT OPT 09/25 45.0 PUT Put		Put	20,000	$1.5m20.0k shares	New
SPDR S&P500 ETF JUN 30 25 $542 (100 SHS) Put		Put	1,200	$703.3k1.2k shares	New
SALESFORCE INC CLL OPT 12/26 220.0 CAL Call		Call	400	$120.7k400 shares	Unchanged
PALO ALTO NETWORKS JAN 16 26 $130 (100 SHS) Call		Call	400	$84.7k400 shares	New
CONSTELLATION ENERGY COR CLL OPT 05/25 280.0 CAL Call		Call	200	$80.8k200 shares	New
SALESFORCE INC COM JAN 16 26 USD230 100 SHS Call		Call	200	$60.3k200 shares	Unchanged
CROWDSTRIKE HLDGS INC CLL OPT 06/26 280.0 CAL Call		Call	100	$58.6k100 shares	Reduced
PINTEREST INC CLL OPT 09/25 35.0 CAL Call		Call	2,000	$58.0k2.0k shares	New
TESLA INC TSLA · Call	TSLA	Call	200	$44.7k200 shares	New
PINTEREST INC CL A MAY 16 25 $34 (100 SHS) Call		Call	1,500	$43.5k1.5k shares	New
PINTEREST INC CL A MAR 21 25 $35 (100 SHS) Call		Call	1,500	$43.5k1.5k shares	New
PALO ALTO NETWORKS SEP 19 25 $95 (100 SHS) Call		Call	200	$42.3k200 shares	New
PALO ALTO NETWORKS JAN 16 26 $135 (100 SHS) Call		Call	200	$42.3k200 shares	New
NVIDIA CORPORATION FEB 21 25 $135 (100 SHS) Call		Call	300	$41.0k300 shares	New
META PLATFORMS INC CLL OPT 12/26 470.0 CAL Call		Call	100	$34.2k100 shares	New
CALL (CPNG) COUPANG INC CL A JAN 16 26 Usd15 (100 SHS) Call		Call	1,000	$30.5k1.0k shares	Unchanged
SALESFORCE INC COM JAN 16 26 USD220 100 SHS Call		Call	100	$30.2k100 shares	Unchanged
PINTEREST INC CL A FEB 21 25 $34 (100 SHS) Call		Call	1,000	$29.0k1.0k shares	New
SUPER MICRO COMPUTER FEB 21 25 $60 (100 SHS) Call		Call	1,000	$22.0k1.0k shares	New
PURECYCLE JUL 18 25 $15 (100 SHS) Call		Call	500	$5.1k500 shares	New