Parallel Advisors, LLC

SAN FRANCISCO, CA · CIK 1690010 · 13F filing filed 2025-07-08

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

$5.0bn reported value +13.1% vs Q1 2025

3,509positions

38.9%in top 10

238 new 1,452 added 1,272 reduced 235 sold out vs Q1 2025

Options: 22 call positions ($816.7k notional), 5 put positions ($3.8m notional) – listed below, not included above.

Holdings, Q2 2025

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	731,911	$454.4m9.09%	9.09%	Added +32.0k	+32,007 4.6%
2	ISHARES TR CORE S&P TTL STK ITOT	ITOT	2,638,760	$356.3m7.13%	7.13%	Added +78.3k	+78,277 3.1%
3	CORCEPT THERAPEUTICS INC COM CORT	CORT	3,871,123	$284.1m5.68%	5.68%	Reduced -101.3k	-101,293 -2.5%
4	APPLE INC COM AAPL	AAPL	929,883	$190.8m3.82%	3.82%	Added +3.0k	+2,969 0.3%
5	NVIDIA CORPORATION COM NVDA	NVDA	1,109,237	$175.2m3.51%	3.51%	Added +18.6k	+18,629 1.7%
6	MICROSOFT CORP COM MSFT	MSFT	296,859	$147.7m2.95%	2.95%	Added +11.3k	+11,341 4.0%
7	ISHARES TR CORE MSCI EAFE IEFA	IEFA	1,059,365	$88.4m1.77%	1.77%	Added +36.2k	+36,199 3.5%
8	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	1,578,498	$86.0m1.72%	1.72%	Added +109.2k	+109,247 7.4%
9	AMAZON COM INC COM AMZN	AMZN	385,949	$84.7m1.69%	1.69%	Added +5.6k	+5,630 1.5%
10	CVB FINL CORP COM CVBF	CVBF	3,822,248	$75.6m1.51%	1.51%	Unchanged
11	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	233,612	$66.6m1.33%	1.33%	Added +11.2k	+11,177 5.0%
12	ALPHABET INC CAP STK CL C GOOG	GOOG	347,731	$61.7m1.23%	1.23%	Added +8.6k	+8,646 2.5%
13	JANUS DETROIT STR TR HENDERSON MTG JMBS	JMBS	1,289,076	$58.1m1.16%	1.16%	Added +88.5k	+88,517 7.4%
14	ALPHABET INC CAP STK CL A GOOGL	GOOGL	323,533	$57.0m1.14%	1.14%	Added +1.0k	+1,018 0.3%
15	ISHARES TR S&P 500 GRWT ETF IVW	IVW	476,097	$52.4m1.05%	1.05%	Added +25.7k	+25,745 5.7%
16	META PLATFORMS INC CL A META	META	70,957	$52.4m1.05%	1.05%	Reduced -1.1k	-1,105 -1.5%
17	COSTCO WHSL CORP NEW COM COST	COST	46,559	$46.1m0.92%	0.92%	Added +183	+183 0.4%
18	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	150,437	$45.7m0.91%	0.91%	Added +725	+725 0.5%
19	NETFLIX INC COM NFLX	NFLX	29,351	$39.3m0.79%	0.79%	Added +776	+776 2.7%
20	JPMORGAN CHASE & CO COM JPM	JPM	132,465	$38.4m0.77%	0.77%	Added +2.1k	+2,068 1.6%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	78,349	$38.1m0.76%	0.76%	Added +544	+544 0.7%
22	VANGUARD INDEX FDS SMALL CP ETF VB	VB	158,502	$37.6m0.75%	0.75%	Reduced -7.6k	-7,618 -4.6%
23	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	188,562	$34.5m0.69%	0.69%	Reduced -7.4k	-7,444 -3.8%
24	VISA INC COM CL A V	V	83,385	$29.6m0.59%	0.59%	Added +2.6k	+2,592 3.2%
25	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	503,239	$28.7m0.57%	0.57%	Added +33.4k	+33,374 7.1%
26	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	206,078	$28.1m0.56%	0.56%	Added +12.0k	+11,956 6.2%
27	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	45,352	$28.0m0.56%	0.56%	Added +6.0k	+5,979 15.2%
28	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	48,911	$27.8m0.56%	0.56%	Added +9.3k	+9,329 23.6%
29	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	47,024	$25.9m0.52%	0.52%	Added +98	+98 0.2%
30	BROADCOM INC COM AVGO	AVGO	91,378	$25.2m0.50%	0.50%	Added +3.0k	+3,004 3.4%
31	UBER TECHNOLOGIES INC COM UBER	UBER	269,872	$25.2m0.50%	0.50%	Reduced -1.3k	-1,260 -0.5%
32	ISHARES TR GLOBAL TECH ETF IXN	IXN	266,994	$24.7m0.49%	0.49%	Reduced -4.4k	-4,438 -1.6%
33	ISHARES TR CORE US AGGBD ET AGG	AGG	247,071	$24.5m0.49%	0.49%	Reduced -334	-334 -0.1%
34	VANGUARD INDEX FDS VALUE ETF VTV	VTV	134,793	$23.8m0.48%	0.48%	Added +716	+716 0.5%
35	TESLA INC COM TSLA	TSLA	74,830	$23.8m0.48%	0.48%	Added +5.5k	+5,492 7.9%
36	MASTERCARD INCORPORATED CL A MA	MA	41,293	$23.2m0.46%	0.46%	Reduced -230	-230 -0.6%
37	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	267,850	$22.2m0.44%	0.44%	Added +11.8k	+11,811 4.6%
38	ELI LILLY & CO COM LLY	LLY	28,482	$22.2m0.44%	0.44%	Reduced -491	-491 -1.7%
39	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	39,953	$21.7m0.43%	0.43%	Added +814	+814 2.1%
40	INTUIT COM INTU	INTU	25,296	$19.9m0.40%	0.40%	Reduced -383	-383 -1.5%
41	ISHARES INC CORE MSCI EMKT IEMG	IEMG	331,642	$19.9m0.40%	0.40%	Added +7.3k	+7,253 2.2%
42	ABBVIE INC COM ABBV	ABBV	104,614	$19.4m0.39%	0.39%	Reduced -2.4k	-2,428 -2.3%
43	ISHARES TR MSCI EAFE ETF EFA	EFA	215,861	$19.3m0.39%	0.39%	Reduced -860	-860 -0.4%
44	CROWN CASTLE INC COM CCI	CCI	185,213	$19.0m0.38%	0.38%	Added +930	+930 0.5%
45	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	249,215	$18.7m0.37%	0.37%	Reduced -10.3k	-10,313 -4.0%
46	SALESFORCE INC COM CRM	CRM	67,794	$18.5m0.37%	0.37%	Added +511	+511 0.8%
47	BLACKROCK ETF TRUST II ISHARES FLEXIBLE BINC	BINC	340,920	$18.0m0.36%	0.36%	Added +13.5k	+13,508 4.1%
48	ISHARES TR INTL SEL DIV ETF IDV	IDV	521,042	$18.0m0.36%	0.36%	Reduced -6.8k	-6,848 -1.3%
49	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	335,115	$17.7m0.35%	0.35%	Added +34.1k	+34,088 11.3%
50	ABBOTT LABS COM ABT	ABT	129,750	$17.6m0.35%	0.35%	Added +2.2k	+2,210 1.7%
51	BOOKING HOLDINGS INC COM BKNG	BKNG	2,927	$16.9m0.34%	0.34%	Reduced -155	-155 -5.0%
52	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	56,127	$16.8m0.34%	0.34%	Reduced -2.3k	-2,283 -3.9%
53	TJX COS INC NEW COM TJX	TJX	133,633	$16.5m0.33%	0.33%	Added +984	+984 0.7%
54	VANGUARD INDEX FDS MID CAP ETF VO	VO	56,692	$15.9m0.32%	0.32%	Reduced -1.7k	-1,741 -3.0%
55	CHEVRON CORP NEW COM CVX	CVX	106,396	$15.2m0.30%	0.30%	Reduced -5.4k	-5,437 -4.9%
56	WALMART INC COM WMT	WMT	155,073	$15.2m0.30%	0.30%	Added +6.6k	+6,643 4.5%
57	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	569,755	$15.1m0.30%	0.30%	Reduced -56.7k	-56,732 -9.1%
58	SPDR GOLD TR GOLD SHS GLD	GLD	48,340	$14.7m0.29%	0.29%	Added +9.1k	+9,140 23.3%
59	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	35,195	$14.3m0.29%	0.29%	Reduced -1.3k	-1,263 -3.5%
60	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	285,917	$14.1m0.28%	0.28%	Added +9.8k	+9,801 3.5%
61	ORACLE CORP COM ORCL	ORCL	64,139	$14.0m0.28%	0.28%	Reduced -2.7k	-2,711 -4.1%
62	ISHARES TR IBOXX HI YD ETF HYG	HYG	158,674	$12.8m0.26%	0.26%	Added +657	+657 0.4%
63	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	160,550	$12.8m0.26%	0.26%	Added +6.1k	+6,147 4.0%
64	ADOBE INC COM ADBE	ADBE	32,532	$12.6m0.25%	0.25%	Reduced -1.7k	-1,702 -5.0%
65	ISHARES TR RUS 1000 GRW ETF IWF	IWF	28,937	$12.3m0.25%	0.25%	Added +618	+618 2.2%
66	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	23,773	$12.1m0.24%	0.24%	Added +1.7k	+1,696 7.7%
67	PALO ALTO NETWORKS INC COM PANW	PANW	59,019	$12.1m0.24%	0.24%	Added +4.3k	+4,335 7.9%
68	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	57,579	$11.8m0.24%	0.24%	Reduced -182	-182 -0.3%
69	BLACKROCK INC COM BLK	BLK	11,090	$11.6m0.23%	0.23%	Reduced -351	-351 -3.1%
70	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	225,920	$11.5m0.23%	0.23%	Added +50.1k	+50,150 28.5%
71	COUPANG INC CL A CPNG	CPNG	380,165	$11.4m0.23%	0.23%	Reduced -26.6k	-26,578 -6.5%
72	ISHARES TR CORE S&P MCP ETF IJH	IJH	182,846	$11.3m0.23%	0.23%	Added +1.6k	+1,573 0.9%
73	HOME DEPOT INC COM HD	HD	30,501	$11.2m0.22%	0.22%	Added +1.2k	+1,216 4.2%
74	JOHNSON & JOHNSON COM JNJ	JNJ	72,857	$11.1m0.22%	0.22%	Reduced -3.3k	-3,338 -4.4%
75	ISHARES TR S&P 500 VAL ETF IVE	IVE	56,938	$11.1m0.22%	0.22%	Added +1.6k	+1,641 3.0%
76	HONEYWELL INTL INC COM COM		47,357	$11.0m0.22%	0.22%	Added +78	+78 0.2%
77	DONALDSON INC COM DCI	DCI	150,313	$10.4m0.21%	0.21%	Reduced -4.5k	-4,495 -2.9%
78	ECOLAB INC COM ECL	ECL	38,269	$10.3m0.21%	0.21%	Reduced -885	-885 -2.3%
79	REALTY INCOME CORP COM O	O	178,337	$10.3m0.21%	0.21%	Added +1.3k	+1,347 0.8%
80	PROCTER AND GAMBLE CO COM PG	PG	63,267	$10.1m0.20%	0.20%	Reduced -1.2k	-1,189 -1.8%
81	SHERWIN WILLIAMS CO COM SHW	SHW	29,017	$10.0m0.20%	0.20%	Reduced -875	-875 -2.9%
82	NEXTERA ENERGY INC COM NEE	NEE	139,940	$9.7m0.19%	0.19%	Reduced -1.9k	-1,884 -1.3%
83	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	221,897	$9.6m0.19%	0.19%	Added +21.6k	+21,637 10.8%
84	ROPER TECHNOLOGIES INC COM ROP	ROP	16,387	$9.3m0.19%	0.19%	Reduced -168	-168 -1.0%
85	ISHARES TR CORE S&P SCP ETF IJR	IJR	84,874	$9.3m0.19%	0.19%	Reduced -10.2k	-10,183 -10.7%
86	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	102,738	$9.1m0.18%	0.18%	Added +11.3k	+11,292 12.3%
87	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	46,895	$9.1m0.18%	0.18%	Added +1.2k	+1,215 2.7%
88	ISHARES TR MSCI USA MIN VOL USMV	USMV	95,801	$9.0m0.18%	0.18%	Added +10.0k	+9,993 11.7%
89	UNITEDHEALTH GROUP INC COM UNH	UNH	28,601	$8.9m0.18%	0.18%	Reduced -2.7k	-2,702 -8.6%
90	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	49,074	$8.9m0.18%	0.18%	Reduced -15.3k	-15,260 -23.7%
91	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	20,301	$8.9m0.18%	0.18%	Added +2.0k	+2,031 11.1%
92	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	29,063	$8.6m0.17%	0.17%	Added +333	+333 1.2%
93	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	37,041	$8.4m0.17%	0.17%	Added +3.9k	+3,940 11.9%
94	VERIZON COMMUNICATIONS INC COM VZ	VZ	192,982	$8.4m0.17%	0.17%	Reduced -6.4k	-6,359 -3.2%
95	VANGUARD WORLD FD INF TECH ETF VGT	VGT	12,286	$8.1m0.16%	0.16%	Added +8	+8 0.1%
96	PIMCO ETF TR ULTRA SHORT GOVT BILZ	BILZ	80,378	$8.1m0.16%	0.16%	Added +1.1k	+1,146 1.4%
97	MCCORMICK & CO INC COM NON VTG MKC	MKC	106,133	$8.0m0.16%	0.16%	Reduced -2.9k	-2,898 -2.7%
98	ISHARES TR ESG AWR MSCI USA ESGU	ESGU	59,470	$8.0m0.16%	0.16%	Added +2.0k	+2,016 3.5%
99	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	114,273	$7.9m0.16%	0.16%	Reduced -535	-535 -0.5%
100	COLGATE PALMOLIVE CO COM CL	CL	86,393	$7.9m0.16%	0.16%	Reduced -2.0k	-1,978 -2.2%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
DISCOVER FINL SVCS DFS	DFS	7,175	$1.2m7.2k shares
INVESCO DB US DLR INDEX TR UDN	UDN	17,915	$314.4k17.9k shares
SSGA ACTIVE ETF TR TOTL	TOTL	7,060	$284.4k7.1k shares
INTRA-CELLULAR THERAPIES INC ITCI	ITCI	1,982	$261.5k2.0k shares
BANCOLOMBIA S A CIB	CIB	5,397	$217.6k5.4k shares
LYFT INC LYFT 1.5 05.15.25	LYFT 1.5 05.15.25	217,000	$215.9k217.0k shares
FIDELITY COVINGTON TRUST FENY	FENY	8,301	$212.1k8.3k shares
CERO THERAPEUTICS HLDGS INC		220,000	$160.6k220.0k shares
GOLDMAN SACHS ETF TR GIGB	GIGB	3,098	$141.8k3.1k shares
UNITED STATES STL CORP NEW X	X	3,014	$127.4k3.0k shares
BARRICK GOLD CORP		4,253	$82.6k4.3k shares
CENTRUS ENERGY CORP LEU	LEU	1,271	$79.1k1.3k shares
ISHARES TR IXJ	IXJ	800	$73.0k800 shares
DIREXION SHS ETF TR GGLL	GGLL	2,000	$57.4k2.0k shares
ENCORE ENERGY CORP EU	EU	39,554	$54.2k39.6k shares
PAYCOR HCM INC		2,374	$53.3k2.4k shares
ISHARES INC EPP	EPP	1,100	$48.5k1.1k shares
BROOKFIELD INFRAST PARTNERS BIP	BIP	1,500	$44.7k1.5k shares
ROCKET LAB USA INC		2,441	$43.8k2.4k shares
NORDSTROM INC JWN	JWN	1,690	$41.3k1.7k shares
FIDELITY COVINGTON TRUST FELV	FELV	1,150	$35.4k1.1k shares
ENERGY RECOVERY INC ERII	ERII	2,081	$33.1k2.1k shares
PIXELWORKS INC		44,652	$28.0k44.7k shares
BERRY GLOBAL GROUP INC BERY	BERY	345	$24.1k345 shares
ASPEN AEROGELS INC ASPN	ASPN	3,640	$23.3k3.6k shares

Options (notional value)

Underlying	Type	Shares controlled	Notional	Change
PALANTIR TECHNOLOGIES IN PUT OPT 09/25 45.0 PUT Put	Put	20,000	$2.7m20.0k shares	Unchanged
NVIDIA CORPORATION PUT OPT 03/26 75.0 PUT Put	Put	3,400	$537.2k3.4k shares	New
CROWDSTRIKE HLDGS INC PUT OPT 03/26 300.0 PUT Put	Put	900	$458.4k900 shares	New
SALESFORCE INC CLL OPT 12/26 220.0 CAL Call	Call	400	$109.2k400 shares	Unchanged
META PLATFORMS INC CLL OPT 12/26 470.0 CAL Call	Call	100	$73.8k100 shares	Unchanged
META PLATFORMS INC CLL OPT 12/26 500.0 CAL Call	Call	100	$73.8k100 shares	New
PINTEREST INC CLL OPT 09/25 35.0 CAL Call	Call	1,900	$68.1k1.9k shares	Reduced
AMAZON COM INC CLL OPT 01/27 170.0 CAL Call	Call	300	$65.8k300 shares	New
CROWDSTRIKE HLDGS INC CLL OPT 01/27 430.0 CAL Call	Call	100	$50.9k100 shares	New
NVIDIA CORPORATION CLL OPT 06/27 130.0 CAL Call	Call	300	$47.4k300 shares	New
NVIDIA CORPORATION CLL OPT 06/27 105.0 CAL Call	Call	300	$47.4k300 shares	New
CALL (PANW) PALO ALTO NETWORKS DEC 17 27 $170 (100 SHS) Call	Call	200	$40.9k200 shares	New
MICROSTRATEGY INC CLL OPT 07/25 480.0 CAL Call	Call	100	$40.4k100 shares	New
COREWEAVE INC CLL OPT 12/27 125.0 CAL Call	Call	200	$32.6k200 shares	New
AMAZON COM INC CLL OPT 12/27 190.0 CAL Call	Call	100	$21.9k100 shares	New
AMAZON COM INC CLL OPT 01/27 165.0 CAL Call	Call	100	$21.9k100 shares	New
PALO ALTO NETWORKS INC CLL OPT 12/27 155.0 CAL Call	Call	100	$20.5k100 shares	New
PALO ALTO NETWORKS INC CLL OPT 12/27 160.0 CAL Call	Call	100	$20.5k100 shares	New
PALO ALTO NETWORKS DEC 17 27 $185 (100 SHS) Call	Call	100	$20.5k100 shares	New
IONQ INC PUT OPT 07/25 30.0 PUT Put	Put	400	$17.2k400 shares	New
NVIDIA CORPORATION CLL OPT 06/27 100.0 CAL Call	Call	100	$15.8k100 shares	New
AST SPACEMOBILE INC PUT OPT 07/25 30.0 PUT Put	Put	300	$14.0k300 shares	New
ASTERA LABS INC CLL OPT 01/27 57.5 CAL Call	Call	100	$9.0k100 shares	New
ASTERA LABS INC CLL OPT 01/27 85.0 CAL Call	Call	100	$9.0k100 shares	New
ASTERA LABS INC CLL OPT 01/27 72.5 CAL Call	Call	100	$9.0k100 shares	New