Peter Thiel - Thiel Macro LLC Options Holdings (Q3 2017)
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 3 call contracts and 4 put contracts across companies such as SPDR S&P 500 (SPY), iShares Russell 2000 ETF (IWM), 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 |
|---|---|---|---|---|---|
| Q3 2017 | SPY | SPDR S&P 500 | CALL | 940,000 | $236,156.00 |
| Q3 2017 | IWM | iShares Russell 2000 ETF | PUT | 717,500 | $106,319.00 |
| Q3 2017 | SPY | SPDR S&P 500 | PUT | 200,000 | $50,247.00 |
| Q3 2017 | IWM | iShares Russell 2000 ETF | CALL | 200,000 | $29,636.00 |
| Q3 2017 | EEM | iShares MSCI Emerging Index Fun | PUT | 257,500 | $11,539.00 |
| Q3 2017 | GDX | VanEck Gold Miners ETF | CALL | 200,000 | $4,592.00 |
| Q3 2017 | EWZ | iShares Inc iShares MSCI Brazil | PUT | 20,000 | $834.00 |
Note: Notional value represents the total exposure of the options position.