We are live on ! Find out more
Belvedere Trading

Belvedere Trading Portfolio holdings

AUM $87.6B
1-Year Est. Return 131.08%
This Fund
S&P 500
This Quarter Est. Return
+34.98%
1 Year Est. Return
+131.08%
3 Year Est. Return
+497.29%
5 Year Est. Return
+787.25%
10 Year Est. Return
–
AUM
$85.5B
AUM Growth
-$3.23B
Cap. Flow
-$16.2B
Cap. Flow %
-18.92%
Top 10 Hldgs %
83.44%
Holding
1,068
New
391
Increased
157
Reduced
200
Closed
265

Top Buys

Rank Stock Value
1
SMH icon
VanEck Semiconductor ETF
SMH
+$87.7M
2
IBIT icon
iShares Bitcoin Trust
IBIT
+$84.3M
3
QQQ icon
Invesco QQQ Trust
QQQ
+$48.6M
4
SMCI icon
Super Micro Computer
SMCI
+$35.5M
5
GLD icon
SPDR Gold Trust
GLD
+$33.5M

Top Sells

Rank Stock Value
1
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$272M
2
NVDA icon
NVIDIA
NVDA
+$170M
3
META icon
Meta Platforms (Facebook)
META
+$48.4M
4
AMZN icon
Amazon
AMZN
+$18.6M
5
AAPL icon
Apple
AAPL
+$13.2M

Sector Composition

Rank Sector Weight
1 Technology 0.85%
2 Consumer Discretionary 0.03%
3 Communication Services 0.02%
4 Financials 0.01%
5 Healthcare 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COWZ icon
226
CALL
Pacer US Cash Cows 100 ETF
COWZ
$18.8B
$507K ﹤0.01%
+9,200
New +$487K
PALL icon
227
CALL
abrdn Physical Palladium Shares ETF
PALL
$618M
$503K ﹤0.01%
25,000
+13,500
+117% +$244K
RTH icon
228
PUT
VanEck Retail ETF
RTH
$258M
$501K ﹤0.01%
2,100
+800
+62% +$184K
SMST
229
CALL
Defiance Daily Target 2x Short MSTR ETF
SMST
$30M
$499K ﹤0.01%
27,700
+27,630
+39,471% +$1M
GRRR
230
CALL
Gorilla Technology Group
GRRR
$308M
$495K ﹤0.01%
24,900
-7,800
-24% -$146K
FLG
231
CALL
Flagstar Bank National Association
FLG
$5.93B
$495K ﹤0.01%
140,200
-500
-0.4% -$5.71K
FFTY icon
232
CALL
CapForce IBD 50 ETF
FFTY
$79.5M
$494K ﹤0.01%
+15,200
New +$434K
ARMU
233
PUT
DELISTED
T-REX 2X Long ARM Daily Target ETF
ARMU
$492K ﹤0.01%
+13,300
New +$307K
VIOG icon
234
CALL
Vanguard S&P Small-Cap 600 Growth ETF
VIOG
$1.05B
$492K ﹤0.01%
4,300
+2,200
+105% +$237K
SMCX
235
PUT
Defiance Daily Target 2X Long SMCI ETF
SMCX
$154M
$489K ﹤0.01%
4,950
-11,200
-69% -$778K
OND icon
236
CALL
ProShares On-Demand ETF
OND
$3.46M
$489K ﹤0.01%
+11,400
New +$420K
XAR icon
237
PUT
State Street SPDR S&P Aerospace & Defense ETF
XAR
$5.93B
$485K ﹤0.01%
2,300
+1,500
+188% +$272K
BFOR icon
238
CALL
Barron's 400 ETF
BFOR
$231M
$485K ﹤0.01%
25,200
+11,600
+85% +$207K
UDN icon
239
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
$480K ﹤0.01%
25,400
+22,000
+647% +$403K
PLTW
240
PUT
Roundhill PLTR WeeklyPay ETF
PLTW
$102M
$480K ﹤0.01%
+11,200
New +$441K
NVDL icon
241
CALL
GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF
NVDL
$3.33B
$479K ﹤0.01%
20,400
+1,500
+8% +$23.4K
GME icon
242
GameStop
GME
$9.75B
$476K ﹤0.01%
19,508
-20,165
-51% -$541K
BTCL
243
CALL
T-Rex 2X Long Bitcoin Daily Target ETF
BTCL
$21.8M
$472K ﹤0.01%
8,800
+800
+10% +$37.4K
MAGS icon
244
CALL
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$3.98B
$471K ﹤0.01%
+8,500
New +$420K
VCR icon
245
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.15B
$471K ﹤0.01%
+1,300
New +$441K
HSAI
246
CALL
Hesai Group
HSAI
$2.66B
$470K ﹤0.01%
21,400
-25,200
-54% -$444K
IWF icon
247
CALL
iShares Russell 1000 Growth ETF
IWF
$121B
$467K ﹤0.01%
4,400
-6,000
-58% -$574K
AEVA
248
Aeva Technologies
AEVA
$1.2B
$462K ﹤0.01%
+12,231
New +$186K
MSTY icon
249
PUT
YieldMax MSTR Option Income Strategy ETF
MSTY
$715M
$457K ﹤0.01%
4,120
-2,880
-41% -$316K
ECHO
250
CALL
EchoStar
ECHO
$24.4B
$454K ﹤0.01%
44,200
+8,000
+22% +$176K
8 9
10
11 12

Similar funds

BNP Paribas Asset Management
BNP Paribas Asset Management Paris, France $86.1B AUM 29.11% 1-Year Est. Return
Mariner
Mariner Overland Park, Kansas $85.7B AUM 24.21% 1-Year Est. Return
Focus Partners Wealth
Focus Partners Wealth Boston, Massachusetts $89.9B AUM 20.5% 1-Year Est. Return
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT) London, United Kingdom $89.9B AUM 20.22% 1-Year Est. Return
Squarepoint
Squarepoint New York $85.1B AUM 20.93% 1-Year Est. Return
Sanders Capital
Sanders Capital West Palm Beach, Florida $83.9B AUM 37.89% 1-Year Est. Return
Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
US Bancorp
US Bancorp Minneapolis, Minnesota $82.4B AUM 19.69% 1-Year Est. Return

Belvedere Trading's Q2 2025 Portfolio in Review

As of Q2 2025, Belvedere Trading held 1,068 positions worth $85.5B, down 3.6% from $88.7B the previous quarter. Its ten largest holdings account for 83% of the portfolio.

Belvedere Trading withdrew a net $16.2B in Q2 2025, closing 265 positions and reducing 200 holdings. Its most notable exit was Direxion Daily TSLA Bull 2X ETF, an estimated $3.11M position sold in full.

By sector, the portfolio is most concentrated in Technology at 0.85% of assets, up from 0.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Belvedere Trading opened a new position in VanEck Semiconductor ETF worth $105M.

  • Belvedere Trading's largest Q2 2025 buy was VanEck Semiconductor ETF: 378,298 shares worth $105M.
  • Belvedere Trading added most to iShares Bitcoin Trust in Q2 2025, an estimated $84.3M increase.
  • Belvedere Trading's biggest Q2 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $272M.
  • Belvedere Trading fully exited Direxion Daily TSLA Bull 2X ETF in Q2 2025, selling an estimated $3.11M.
  • Belvedere Trading's ten largest holdings make up 83% of its $85.5B portfolio in Q2 2025.
  • Belvedere Trading opened 391 new positions and closed 265 in Q2 2025.
  • Belvedere Trading's portfolio value fell 3.6% quarter-over-quarter to $85.5B.

Based on Belvedere Trading's 13F filing for Q2 2025, filed 1 Aug 2025.