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
COF icon
376
PUT
Capital One
COF
$128B
$256K ﹤0.01%
+1,200
New +$224K
DHR icon
377
PUT
Danaher
DHR
$137B
$254K ﹤0.01%
1,100
+800
+267% +$155K
QGRO icon
378
CALL
American Century US Quality Growth ETF
QGRO
$1.97B
$251K ﹤0.01%
+2,300
New +$230K
TQQQ icon
379
ProShares UltraPro QQQ
TQQQ
$32.1B
$251K ﹤0.01%
+6,042
New +$191K
FEPI icon
380
PUT
REX FANG & Innovation Equity Premium Income ETF
FEPI
$648M
$250K ﹤0.01%
5,500
+100
+2% +$4.26K
HGER icon
381
CALL
Harbor Commodity All-Weather Strategy ETF
HGER
$3.79B
$250K ﹤0.01%
+10,300
New +$247K
XMMO icon
382
Invesco S&P MidCap Momentum ETF
XMMO
$7.11B
$250K ﹤0.01%
1,942
-5,765
-75% -$689K
RDVI icon
383
CALL
FT Vest Rising Dividend Achievers Target Income ETF
RDVI
$3.57B
$250K ﹤0.01%
+10,100
New +$238K
DFDV
384
DeFi Development Corp
DFDV
$77.1M
$249K ﹤0.01%
+12,788
New +$184K
SQQQ icon
385
ProShares UltraPro Short QQQ
SQQQ
$2.04B
$249K ﹤0.01%
+2,540
New +$364K
BABX icon
386
CALL
GraniteShares ETF Trust GraniteShares 2x Long BABA Daily ETF
BABX
$110M
$249K ﹤0.01%
10,000
-22,600
-69% -$617K
YBTC icon
387
CALL
Roundhill Bitcoin Covered Call Strategy ETF
YBTC
$125M
$247K ﹤0.01%
5,300
+5,000
+1,667% +$220K
ECHO
388
PUT
EchoStar
ECHO
$24.4B
$246K ﹤0.01%
13,100
-2,300
-15% -$50.5K
SIL icon
389
PUT
Global X Silver Miners ETF NEW
SIL
$3.98B
$246K ﹤0.01%
5,100
+100
+2% +$4.27K
PTEC
390
DELISTED
Global X PropTech ETF
PTEC
$245K ﹤0.01%
+6,600
New +$234K
VTEB icon
391
PUT
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
$245K ﹤0.01%
5,000
– –
JAAA icon
392
Janus Henderson AAA CLO ETF
JAAA
$29B
$241K ﹤0.01%
+4,744
New +$240K
QUBT icon
393
Quantum Computing Inc
QUBT
$1.83B
$241K ﹤0.01%
+12,557
New +$138K
BABA icon
394
PUT
Alibaba
BABA
$293B
$240K ﹤0.01%
2,100
-4,800
-70% -$568K
AAAU icon
395
Goldman Sachs Physical Gold ETF Shares
AAAU
$2.46B
$239K ﹤0.01%
+7,323
New +$238K
AQWA icon
396
Global X Clean Water ETF
AQWA
$22.1M
$239K ﹤0.01%
+12,600
New +$226K
USAR
397
CALL
USA Rare Earth Inc
USAR
$3.66B
$239K ﹤0.01%
+21,800
New +$231K
SKYT icon
398
CALL
SkyWater Technology
SKYT
$1.6B
$236K ﹤0.01%
24,000
-26,200
-52% -$211K
ASTS icon
399
CALL
AST SpaceMobile
ASTS
$17.6B
$234K ﹤0.01%
+5,000
New +$145K
KBWP icon
400
CALL
Invesco KBW Property & Casualty Insurance ETF
KBWP
$267M
$233K ﹤0.01%
+1,900
New +$230K
14 15
16
17 18

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.