Peter Thiel - Thiel Macro LLC Options Holdings (Q3 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 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 6 of 6 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q3 2019 | SPY | SPDR S&P 500 | PUT | 2,100,000 | $623,217.00 |
| Q3 2019 | IWM | iShares Russell 2000 ETF | CALL | 1,000,000 | $151,340.00 |
| Q3 2019 | SPY | SPDR S&P 500 | CALL | 330,000 | $97,934.00 |
| Q3 2019 | SMH | VanEck Semiconductor ETF | PUT | 500,000 | $59,565.00 |
| Q3 2019 | EMB | iShares J.P. Morgan USD Emergin | PUT | 125,000 | $14,169.00 |
| Q3 2019 | EWA | iShares MSCI Australia Index Fu | PUT | 300,000 | $6,675.00 |
Note: Notional value represents the total exposure of the options position.