Parallel Advisors, LLC

SAN FRANCISCO, CA · CIK 1690010 · 13F filing filed 2026-02-11

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

$5.5bn reported value +0.0% vs Q3 2025

3,587positions

38.6%in top 10

274 new 1,514 added 1,049 reduced 192 sold out vs Q3 2025

Options: 20 call positions ($650.1k notional), 12 put positions ($10.1m notional) – listed below, not included above.

Holdings, Q4 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	834,790	$571.8m10.48%	10.48%	Added +16.2k	+16,248 2.0%
2	ISHARES TR CORE S&P TTL STK ITOT	ITOT	2,353,884	$350.0m6.42%	6.42%	Reduced -15.0k	-15,027 -0.6%
3	APPLE INC COM AAPL	AAPL	988,070	$268.6m4.92%	4.92%	Added +38.0k	+37,963 4.0%
4	NVIDIA CORPORATION COM NVDA	NVDA	1,106,002	$206.3m3.78%	3.78%	Reduced -18.2k	-18,230 -1.6%
5	MICROSOFT CORP COM MSFT	MSFT	304,917	$147.5m2.70%	2.70%	Added +4.1k	+4,136 1.4%
6	CORCEPT THERAPEUTICS INC COM CORT	CORT	3,879,141	$135.0m2.47%	2.47%	Added +7.7k	+7,689 0.2%
7	BLACKROCK ETF TRUST ISHARES US EQUIT DYNF	DYNF	2,028,325	$123.3m2.26%	2.26%	Added +48.1k	+48,121 2.4%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	353,220	$110.9m2.03%	2.03%	Added +1.4k	+1,382 0.4%
9	ALPHABET INC CAP STK CL A GOOGL	GOOGL	325,852	$102.0m1.87%	1.87%	Added +2.5k	+2,514 0.8%
10	AMAZON COM INC COM AMZN	AMZN	400,771	$92.5m1.70%	1.70%	Added +6.6k	+6,622 1.7%
11	CVB FINL CORP COM CVBF	CVBF	3,821,019	$71.1m1.30%	1.30%	Reduced -1.4k	-1,438 -0.0%
12	JANUS DETROIT STR TR HENDERSON MTG JMBS	JMBS	1,507,417	$68.9m1.26%	1.26%	Added +77.7k	+77,711 5.4%
13	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	215,883	$68.0m1.25%	1.25%	Reduced -2.4k	-2,360 -1.1%
14	AMERICAN CENTY ETF TR INTL EQT ETF AVDE	AVDE	757,051	$62.3m1.14%	1.14%	Added +52.9k	+52,916 7.5%
15	ISHARES TR CORE MSCI EAFE IEFA	IEFA	653,305	$58.4m1.07%	1.07%	Added +659	+659 0.1%
16	META PLATFORMS INC CL A META	META	76,699	$50.6m0.93%	0.93%	Added +1.8k	+1,807 2.4%
17	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	149,456	$50.1m0.92%	0.92%	Added +259	+259 0.2%
18	JPMORGAN CHASE & CO COM JPM	JPM	134,316	$43.3m0.79%	0.79%	Added +610	+610 0.5%
19	VANGUARD INDEX FDS SMALL CP ETF VB	VB	157,169	$40.6m0.74%	0.74%	Reduced -930	-930 -0.6%
20	COSTCO WHSL CORP NEW COM COST	COST	45,522	$39.3m0.72%	0.72%	Reduced -1.0k	-1,016 -2.2%
21	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	78,067	$39.2m0.72%	0.72%	Added +1.2k	+1,188 1.6%
22	TESLA INC COM TSLA	TSLA	82,912	$37.3m0.68%	0.68%	Added +1.9k	+1,899 2.3%
23	BROADCOM INC COM AVGO	AVGO	106,853	$37.0m0.68%	0.68%	Added +11.9k	+11,921 12.6%
24	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	200,825	$35.7m0.65%	0.65%	Reduced -5.5k	-5,485 -2.7%
25	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	163,901	$32.6m0.60%	0.60%	Reduced -4.5k	-4,458 -2.6%
26	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	515,743	$32.2m0.59%	0.59%	Added +7.1k	+7,086 1.4%
27	ELI LILLY & CO COM LLY	LLY	29,966	$32.2m0.59%	0.59%	Added +749	+749 2.6%
28	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	46,617	$31.8m0.58%	0.58%	Added +630	+630 1.4%
29	BLACKROCK ETF TRUST II ISHARES FLEXIBLE BINC	BINC	592,874	$31.3m0.57%	0.57%	Added +81.4k	+81,371 15.9%
30	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	49,960	$30.7m0.56%	0.56%	Reduced -761	-761 -1.5%
31	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	48,406	$30.4m0.56%	0.56%	Reduced -71	-71 -0.1%
32	ISHARES TR GLOBAL TECH ETF IXN	IXN	286,164	$30.0m0.55%	0.55%	Added +4.0k	+3,990 1.4%
33	VISA INC COM CL A V	V	85,466	$30.0m0.55%	0.55%	Added +1.5k	+1,481 1.8%
34	NETFLIX INC COM NFLX	NFLX	317,866	$29.8m0.55%	0.55%	Added +18.2k	+18,166 6.1%
35	VANGUARD INDEX FDS VALUE ETF VTV	VTV	143,189	$27.3m0.50%	0.50%	Reduced -424	-424 -0.3%
36	ISHARES TR CORE US AGGBD ET AGG	AGG	261,673	$26.1m0.48%	0.48%	Added +6.2k	+6,223 2.4%
37	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	291,363	$24.8m0.45%	0.45%	Added +19.0k	+19,049 7.0%
38	MASTERCARD INCORPORATED CL A MA	MA	41,311	$23.6m0.43%	0.43%	Added +185	+185 0.5%
39	ABBVIE INC COM ABBV	ABBV	102,585	$23.4m0.43%	0.43%	Reduced -2.6k	-2,628 -2.5%
40	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	40,412	$22.9m0.42%	0.42%	Added +7	+7 0.0%
41	ISHARES INC CORE MSCI EMKT IEMG	IEMG	338,484	$22.8m0.42%	0.42%	Added +3.7k	+3,682 1.1%
42	ISHARES TR MSCI EAFE ETF EFA	EFA	226,647	$21.8m0.40%	0.40%	Added +6.9k	+6,927 3.1%
43	ISHARES TR INTL SEL DIV ETF IDV	IDV	549,287	$21.7m0.40%	0.40%	Added +3.6k	+3,600 0.7%
44	SPDR GOLD TR GOLD SHS GLD	GLD	54,573	$21.6m0.40%	0.40%	Added +3.0k	+3,001 5.8%
45	UBER TECHNOLOGIES INC COM UBER	UBER	261,838	$21.4m0.39%	0.39%	Added +6.5k	+6,508 2.5%
46	TJX COS INC NEW COM TJX	TJX	138,420	$21.3m0.39%	0.39%	Added +1.5k	+1,492 1.1%
47	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	35,894	$20.8m0.38%	0.38%	Added +108	+108 0.3%
48	SPDR SERIES TRUST PORTFOLI S&P1500 SPTM	SPTM	237,762	$19.6m0.36%	0.36%	Reduced -5.1k	-5,101 -2.1%
49	INTUIT COM INTU	INTU	26,425	$17.5m0.32%	0.32%	Added +107	+107 0.4%
50	WALMART INC COM WMT	WMT	156,033	$17.4m0.32%	0.32%	Added +3.0k	+3,041 2.0%
51	SALESFORCE INC COM CRM	CRM	65,463	$17.4m0.32%	0.32%	Reduced -1.8k	-1,812 -2.7%
52	CHEVRON CORP NEW COM CVX	CVX	111,664	$17.0m0.31%	0.31%	Added +674	+674 0.6%
53	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	306,488	$16.5m0.30%	0.30%	Added +22.5k	+22,493 7.9%
54	JOHNSON & JOHNSON COM JNJ	JNJ	79,440	$16.4m0.30%	0.30%	Added +4.0k	+3,973 5.3%
55	ABBOTT LABS COM ABT	ABT	131,090	$16.4m0.30%	0.30%	Added +2.4k	+2,432 1.9%
56	VANGUARD INDEX FDS MID CAP ETF VO	VO	55,104	$16.0m0.29%	0.29%	Reduced -11	-11 -0.0%
57	BOOKING HOLDINGS INC COM BKNG	BKNG	2,947	$15.8m0.29%	0.29%	Added +33	+33 1.1%
58	ISHARES TR BLACKROCK ULTRA ICSH	ICSH	311,906	$15.8m0.29%	0.29%	Added +85.6k	+85,558 37.8%
59	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	286,184	$15.2m0.28%	0.28%	Added +10.1k	+10,078 3.6%
60	ISHARES TR RUS 1000 GRW ETF IWF	IWF	30,266	$14.3m0.26%	0.26%	Added +1.1k	+1,131 3.9%
61	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	51,099	$13.7m0.25%	0.25%	Reduced -1.9k	-1,931 -3.6%
62	PIMCO ETF TR ULTRA SHORT GOVT BILZ	BILZ	134,414	$13.5m0.25%	0.25%	Reduced -65.4k	-65,388 -32.7%
63	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	161,861	$13.0m0.24%	0.24%	Reduced -844	-844 -0.5%
64	ISHARES TR CORE S&P MCP ETF IJH	IJH	196,209	$13.0m0.24%	0.24%	Added +5.5k	+5,477 2.9%
65	DONALDSON INC COM DCI	DCI	145,846	$12.9m0.24%	0.24%	Reduced -1.7k	-1,699 -1.1%
66	ISHARES TR IBOXX HI YD ETF HYG	HYG	156,405	$12.6m0.23%	0.23%	Reduced -1.0k	-1,005 -0.6%
67	ORACLE CORP COM ORCL	ORCL	63,241	$12.3m0.23%	0.23%	Reduced -2.0k	-2,004 -3.1%
68	ISHARES TR S&P 500 VAL ETF IVE	IVE	57,729	$12.2m0.22%	0.22%	Added +786	+786 1.4%
69	VANGUARD SPECIALIZED FUNDS DIV APP ETF VIG	VIG	55,171	$12.1m0.22%	0.22%	Reduced -1.1k	-1,090 -1.9%
70	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	439,958	$12.1m0.22%	0.22%	Reduced -53.2k	-53,237 -10.8%
71	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	39,001	$11.9m0.22%	0.22%	Added +178	+178 0.5%
72	BLACKROCK INC COM BLK	BLK	10,918	$11.7m0.21%	0.21%	Added +70	+70 0.7%
73	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	24,332	$11.4m0.21%	0.21%	Added +997	+997 4.3%
74	PALO ALTO NETWORKS INC COM PANW	PANW	61,940	$11.4m0.21%	0.21%	Added +1.8k	+1,805 3.0%
75	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	23,347	$11.4m0.21%	0.21%	Reduced -785	-785 -3.2%
76	ISHARES TR S&P 500 GRWT ETF IVW	IVW	91,180	$11.2m0.21%	0.21%	Reduced -3.2k	-3,173 -3.4%
77	NEXTERA ENERGY INC COM NEE	NEE	135,417	$10.9m0.20%	0.20%	Reduced -2.4k	-2,386 -1.7%
78	HOME DEPOT INC COM HD	HD	30,996	$10.7m0.20%	0.20%	Added +508	+508 1.7%
79	ISHARES TR U S EQUITY FACTR LRGF	LRGF	151,188	$10.5m0.19%	0.19%	Added +5.2k	+5,226 3.6%
80	ADOBE INC COM ADBE	ADBE	29,011	$10.2m0.19%	0.19%	Reduced -3.2k	-3,190 -9.9%
81	HONEYWELL INTL INC COM COM		51,880	$10.1m0.19%	0.19%	Reduced -940	-940 -1.8%
82	ISHARES TR CORE S&P SCP ETF IJR	IJR	84,051	$10.1m0.19%	0.19%	Reduced -9.8k	-9,823 -10.5%
83	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	218,541	$9.9m0.18%	0.18%	Added +180	+180 0.1%
84	MORGAN STANLEY COM NEW MS	MS	55,790	$9.9m0.18%	0.18%	Added +748	+748 1.4%
85	VANGUARD INDEX FDS SM CP VAL ETF VBR	VBR	45,957	$9.7m0.18%	0.18%	Reduced -616	-616 -1.3%
86	GILEAD SCIENCES INC COM GILD	GILD	78,474	$9.6m0.18%	0.18%	Added +4.0k	+4,004 5.4%
87	ECOLAB INC COM ECL	ECL	36,228	$9.5m0.17%	0.17%	Reduced -972	-972 -2.6%
88	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	106,868	$9.5m0.17%	0.17%	Added +2.2k	+2,207 2.1%
89	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	31,598	$9.4m0.17%	0.17%	Added +2.1k	+2,115 7.2%
90	EXXON MOBIL CORP COM XOM	XOM	77,456	$9.3m0.17%	0.17%	Added +7.1k	+7,145 10.2%
91	INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT RSP	RSP	48,214	$9.2m0.17%	0.17%	Added +926	+926 2.0%
92	SHERWIN WILLIAMS CO COM SHW	SHW	28,402	$9.2m0.17%	0.17%	Reduced -756	-756 -2.6%
93	VANGUARD WORLD FD INF TECH ETF VGT	VGT	12,074	$9.1m0.17%	0.17%	Reduced -152	-152 -1.2%
94	CISCO SYS INC COM CSCO	CSCO	113,809	$8.8m0.16%	0.16%	Unchanged
95	COUPANG INC CL A CPNG	CPNG	370,143	$8.7m0.16%	0.16%	Reduced -9.7k	-9,678 -2.5%
96	UNITEDHEALTH GROUP INC COM UNH	UNH	26,422	$8.7m0.16%	0.16%	Reduced -909	-909 -3.3%
97	VANGUARD STAR FDS VG TL INTL STK F VXUS	VXUS	113,358	$8.6m0.16%	0.16%	Reduced -408	-408 -0.4%
98	PROCTER AND GAMBLE CO COM PG	PG	59,649	$8.5m0.16%	0.16%	Reduced -895	-895 -1.5%
99	SCHWAB STRATEGIC TR INTL EQTY ETF SCHF	SCHF	342,102	$8.2m0.15%	0.15%	Reduced -13.8k	-13,777 -3.9%
100	ISHARES TR MSCI ACWI ETF ACWI	ACWI	57,357	$8.1m0.15%	0.15%	Reduced -23	-23 -0.0%

Sold out since Q3 2025

Security	Ticker	Shares held before	Value then
ISHARES TR IBDQ	IBDQ	199,005	$5.0m199.0k shares
UNILEVER PLC		25,463	$1.5m25.5k shares
ASTRAZENECA PLC		14,870	$1.1m14.9k shares
ISHARES TR IBHE	IBHE	32,795	$761.5k32.8k shares
PSYENCE BIOMEDICAL LTD		151,250	$686.7k151.2k shares
CERO THERAPEUTICS HLDGS INC CERO	CERO	121,000	$615.9k121.0k shares
TOTALENERGIES SE		8,037	$479.7k8.0k shares
ISHARES TR		17,903	$479.6k17.9k shares
KELLANOVA K	K	4,507	$369.7k4.5k shares
FLEXSHARES TR QLV	QLV	3,000	$215.8k3.0k shares
PINNACLE FINL PARTNERS INC		1,858	$174.3k1.9k shares
INTERPUBLIC GROUP COS INC IPG	IPG	5,115	$142.8k5.1k shares
FOX FACTORY HLDG CORP FOXF	FOXF	4,750	$115.4k4.8k shares
PERSONALIS INC PSNL	PSNL	16,522	$107.7k16.5k shares
AMCOR PLC AMCR	AMCR	12,112	$99.1k12.1k shares
THE ODP CORP ODP	ODP	2,785	$77.6k2.8k shares
MR COOPER GROUP INC WMIH	WMIH	333	$70.2k333 shares
PREMIER INC PINC	PINC	2,503	$69.6k2.5k shares
LIGHT & WONDER INC LNWO	LNWO	806	$67.7k806 shares
INVESCO EXCH TRD SLF IDX FD BSJP	BSJP	2,757	$63.6k2.8k shares
ALLETE INC ALE	ALE	938	$62.3k938 shares
AKERO THERAPEUTICS INC AKRO	AKRO	1,166	$55.4k1.2k shares
SPIRIT AEROSYSTEMS HLDGS INC SPR	SPR	1,425	$55.0k1.4k shares
SERIES PORTFOLIOS TR CLOZ	CLOZ	2,021	$54.2k2.0k shares
CALERES INC CAL	CAL	4,057	$52.9k4.1k shares

Options (notional value)

Underlying	Type	Shares controlled	Notional	Change
ROBINHOOD MKTS INC PUT OPT 03/27 95.0 PUT Put	Put	20,700	$2.3m20.7k shares	New
ROBINHOOD MKTS INC PUT OPT 01/27 100.0 PUT Put	Put	20,700	$2.3m20.7k shares	New
NVIDIA CORPORATION PUT OPT 09/26 145.0 PUT Put	Put	9,800	$1.8m9.8k shares	New
MICROSOFT CORP PUT OPT 09/26 400.0 PUT Put	Put	2,100	$1.0m2.1k shares	Added
NVIDIA CORPORATION PUT OPT 03/26 75.0 PUT Put	Put	3,400	$634.1k3.4k shares	Unchanged
APPLIED MATLS INC PUT OPT 09/26 180.0 PUT Put	Put	1,700	$436.9k1.7k shares	New
AMAZON COM INC PUT OPT 09/26 170.0 PUT Put	Put	1,600	$369.3k1.6k shares	New
META PLATFORMS INC PUT OPT 09/26 580.0 PUT Put	Put	500	$330.0k500 shares	New
CROWDSTRIKE HLDGS INC PUT OPT 03/26 300.0 PUT Put	Put	700	$328.1k700 shares	Reduced
APPLE INC PUT OPT 09/26 210.0 PUT Put	Put	1,000	$271.9k1.0k shares	New
ALPHABET INC PUT OPT 09/26 205.0 PUT Put	Put	700	$219.7k700 shares	New
AMAZON COM INC CLL OPT 01/27 170.0 CAL Call	Call	300	$69.2k300 shares	Unchanged
META PLATFORMS INC CLL OPT 12/26 500.0 CAL Call	Call	100	$66.0k100 shares	Unchanged
META PLATFORMS INC CLL OPT 12/26 470.0 CAL Call	Call	100	$66.0k100 shares	Unchanged
DECKERS OUTDOOR CORP CLL OPT 01/26 200.0 CAL Call	Call	200	$59.2k200 shares	Unchanged
NVIDIA CORPORATION CLL OPT 06/27 105.0 CAL Call	Call	300	$56.0k300 shares	Unchanged
CORCEPT THERAPEUTICS INC CLL OPT 05/26 35.0 CAL Call	Call	1,500	$52.2k1.5k shares	New
CROWDSTRIKE HLDGS INC CLL OPT 01/27 430.0 CAL Call	Call	100	$46.9k100 shares	Unchanged
ASTERA LABS INC CLL OPT 01/28 175.0 CAL Call	Call	200	$33.3k200 shares	New
ISHARES SILVER TR PUT OPT 03/26 60.0 PUT Put	Put	500	$32.2k500 shares	New
INTERNATIONAL BUS JAN 15 27 $260 (100 SHS) Call	Call	200	$20.7k200 shares	Unchanged
ORACLE CORP CLL OPT 06/27 200.0 CAL Call	Call	100	$19.5k100 shares	New
NVIDIA CORPORATION CLL OPT 06/27 100.0 CAL Call	Call	100	$18.6k100 shares	Unchanged
PALO ALTO NETWORKS INC CLL OPT 12/27 155.0 CAL Call	Call	100	$18.4k100 shares	Unchanged
PALO ALTO NETWORKS INC CLL OPT 12/27 160.0 CAL Call	Call	100	$18.4k100 shares	Unchanged