Peter Thiel - Thiel Macro LLC Options Holdings (Q2 2018)
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 5 call contracts and 6 put contracts across companies such as SPDR S&P 500 (SPY), Invesco QQQ Trust, Series 1 (QQQ), 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 11 of 11 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q2 2018 | SPY | SPDR S&P 500 | CALL | 1,350,000 | $366,228.00 |
| Q2 2018 | QQQ | Invesco QQQ Trust, Series 1 | PUT | 1,000,000 | $171,650.00 |
| Q2 2018 | QQQ | Invesco QQQ Trust, Series 1 | CALL | 700,000 | $120,155.00 |
| Q2 2018 | IWM | iShares Russell 2000 ETF | CALL | 180,000 | $29,479.00 |
| Q2 2018 | SPY | SPDR S&P 500 | PUT | 100,000 | $27,128.00 |
| Q2 2018 | EEM | iShares MSCI Emerging Index Fun | CALL | 500,000 | $21,665.00 |
| Q2 2018 | IWM | iShares Russell 2000 ETF | PUT | 100,000 | $16,377.00 |
| Q2 2018 | FXI | iShares China Large-Cap ETF | PUT | 300,000 | $12,891.00 |
| Q2 2018 | CCJ | Cameco Corporation | CALL | 1,000,000 | $11,250.00 |
| Q2 2018 | XRT | SPDR S&P Retail ETF | PUT | 80,000 | $3,885.00 |
| Q2 2018 | EWC | iShares MSCI Canada Index Fund | PUT | 100,000 | $2,851.00 |
Note: Notional value represents the total exposure of the options position.