Peter Thiel - Thiel Macro LLC Options Holdings (Q2 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 1 call contract and 6 put contracts across companies such as SPDR S&P 500 (SPY), SPDR Select Sector Fund - Consu (XLP), SPDR S&P 500 (SPY). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 7 of 7 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q2 2019 | SPY | SPDR S&P 500 | PUT | 541,000 | $158,513.00 |
| Q2 2019 | XLP | SPDR Select Sector Fund - Consu | PUT | 1,190,000 | $69,103.00 |
| Q2 2019 | SPY | SPDR S&P 500 | CALL | 128,000 | $37,504.00 |
| Q2 2019 | IYT | iShares Trust iShares U.S. Tran | PUT | 195,000 | $36,697.00 |
| Q2 2019 | EEM | iShares MSCI Emerging Index Fun | PUT | 500,000 | $21,455.00 |
| Q2 2019 | EMB | iShares J.P. Morgan USD Emergin | PUT | 125,000 | $14,161.00 |
| Q2 2019 | EWA | iShares MSCI Australia Index Fu | PUT | 300,000 | $6,762.00 |
Note: Notional value represents the total exposure of the options position.