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
BBAR icon
401
CALL
BBVA Argentina
BBAR
$3.87B
$230K ﹤0.01%
14,000
– –
LEN icon
402
Lennar Class A
LEN
$19.8B
$230K ﹤0.01%
2,082
-9,083
-81% -$984K
EEMX icon
403
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF
EEMX
$172M
$230K ﹤0.01%
6,139
-4,800
-44% -$167K
INDA icon
404
iShares MSCI India ETF
INDA
$6.89B
$229K ﹤0.01%
+4,116
New +$220K
DXJ icon
405
WisdomTree Japan Hedged Equity Fund
DXJ
$7.08B
$229K ﹤0.01%
+2,000
New +$219K
VEA icon
406
PUT
Vanguard FTSE Developed Markets ETF
VEA
$229B
$228K ﹤0.01%
+4,000
New +$214K
CEE
407
Central and Eastern Europe Fund
CEE
$134M
$223K ﹤0.01%
14,395
– –
BFOR icon
408
PUT
Barron's 400 ETF
BFOR
$231M
$223K ﹤0.01%
11,600
+11,200
+2,800% +$200K
JEPQ icon
409
CALL
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39.3B
$223K ﹤0.01%
4,100
-200
-5% -$10.3K
VOX icon
410
CALL
Vanguard Communication Services ETF
VOX
$5.59B
$222K ﹤0.01%
1,300
-100
-7% -$15.4K
BABX icon
411
PUT
GraniteShares ETF Trust GraniteShares 2x Long BABA Daily ETF
BABX
$110M
$221K ﹤0.01%
+8,900
New +$243K
EUAD
412
PUT
Select STOXX Europe Aerospace & Defense ETF
EUAD
$1.2B
$220K ﹤0.01%
+5,100
New +$191K
LFGY
413
YieldMax Crypto Industry & Tech Portfolio Option Income ETF
LFGY
$90.6M
$220K ﹤0.01%
5,411
+2,916
+117% +$111K
BITQ icon
414
Bitwise Crypto Industry Innovators ETF
BITQ
$379M
$220K ﹤0.01%
+11,131
New +$174K
FPX icon
415
CALL
First Trust US Equity Opportunities ETF
FPX
$1.47B
$217K ﹤0.01%
+1,500
New +$190K
IDRV icon
416
CALL
iShares Self-Driving EV and Tech ETF
IDRV
$125M
$217K ﹤0.01%
+7,100
New +$210K
FTEC icon
417
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$19.8B
$217K ﹤0.01%
1,100
-500
-31% -$86.5K
J icon
418
CALL
Jacobs Solutions
J
$15.9B
$217K ﹤0.01%
1,400
-418
-23% -$51.5K
PHO icon
419
PUT
Invesco Water Resources ETF
PHO
$2.01B
$217K ﹤0.01%
+3,100
New +$206K
DJT icon
420
Trump Media & Technology Group
DJT
$2.73B
$217K ﹤0.01%
+12,005
New +$261K
NFLX icon
421
Netflix
NFLX
$299B
$216K ﹤0.01%
+1,610
New +$182K
LFGY
422
CALL
YieldMax Crypto Industry & Tech Portfolio Option Income ETF
LFGY
$90.6M
$215K ﹤0.01%
5,300
+5,000
+1,667% +$190K
SLYG icon
423
CALL
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.07B
$213K ﹤0.01%
+2,400
New +$201K
FTK icon
424
PUT
Flotek Industries
FTK
$852M
$213K ﹤0.01%
+14,400
New +$166K
IVV icon
425
iShares Core S&P 500 ETF
IVV
$878B
$212K ﹤0.01%
+342
New +$196K
15 16
17
18 19

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.