Peter Thiel - Thiel Macro LLC Options Holdings (Q3 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 2 call contracts and 6 put contracts across companies such as SPDR S&P 500 (SPY), SPDR S&P 500 (SPY), iShares iBoxx $ High Yield Corp (HYG). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 8 of 8 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q3 2018 | SPY | SPDR S&P 500 | CALL | 750,000 | $218,040.00 |
| Q3 2018 | SPY | SPDR S&P 500 | PUT | 500,000 | $145,360.00 |
| Q3 2018 | HYG | iShares iBoxx $ High Yield Corp | PUT | 350,000 | $30,254.00 |
| Q3 2018 | IWM | iShares Russell 2000 ETF | PUT | 100,000 | $16,855.00 |
| Q3 2018 | IWN | iShares Russell 2000 Value ETF | PUT | 125,000 | $16,625.00 |
| Q3 2018 | QQQ | Invesco QQQ Trust, Series 1 | CALL | 68,500 | $12,727.00 |
| Q3 2018 | EWC | iShares MSCI Canada Index Fund | PUT | 100,000 | $2,878.00 |
| Q3 2018 | EEM | iShares MSCI Emerging Index Fun | PUT | 27,500 | $1,180.00 |
Note: Notional value represents the total exposure of the options position.