Peter Thiel - Thiel Macro LLC Options Holdings (Q1 2019)
According to the SEC 13F filed on Aug 14, 2026, the Thiel Macro LLC portfolio disclosed options positions as of quarter-end Jun 30, 2026. These positions include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 2 call contracts and 3 put contracts across companies such as SPDR S&P 500 (SPY), SPDR S&P 500 (SPY), Invesco QQQ Trust, Series 1 (QQQ). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 5 of 5 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2019 | SPY | SPDR S&P 500 | PUT | 275,000 | $77,682.00 |
| Q1 2019 | SPY | SPDR S&P 500 | CALL | 250,000 | $70,620.00 |
| Q1 2019 | QQQ | Invesco QQQ Trust, Series 1 | PUT | 372,700 | $66,959.00 |
| Q1 2019 | IWN | iShares Russell 2000 Value ETF | CALL | 250,000 | $29,975.00 |
| Q1 2019 | SMH | VanEck Semiconductor ETF | PUT | 175,000 | $18,608.00 |
Note: Notional value represents the total exposure of the options position.