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
+0.72%
1 Year Est. Return
+131.08%
3 Year Est. Return
+497.29%
5 Year Est. Return
+787.25%
10 Year Est. Return
–
AUM
$93.1B
AUM Growth
+$6.26B
Cap. Flow
-$9.32B
Cap. Flow %
-10%
Top 10 Hldgs %
81.34%
Holding
1,246
New
362
Increased
207
Reduced
237
Closed
397

Top Buys

Rank Stock Value
1
SMCI icon
Super Micro Computer
SMCI
+$32.9M
2
GLD icon
SPDR Gold Trust
GLD
+$22.2M
3
MSTR icon
Strategy Inc
MSTR
+$17.7M
4
WDC icon
Western Digital
WDC
+$11.4M
5
PLTR icon
Palantir
PLTR
+$9.83M

Top Sells

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$188M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$171M
3
NVDA icon
NVIDIA
NVDA
+$145M
4
AVGO icon
Broadcom
AVGO
+$96.9M
5
IBIT icon
iShares Bitcoin Trust
IBIT
+$92.3M

Sector Composition

Rank Sector Weight
1 Technology 0.23%
2 Consumer Discretionary 0.01%
3 Industrials 0.01%
4 Financials 0.01%
5 Healthcare 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CRCD
426
T-REX 2X Inverse CRCL Daily Target ETF
CRCD
$6.86M
$236K ﹤0.01%
+6,865
New +$208K
IAU icon
427
CALL
iShares Gold Trust
IAU
$62.9B
$235K ﹤0.01%
+2,900
New +$227K
TSLL icon
428
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.34B
$234K ﹤0.01%
12,243
-7,726
-39% -$154K
AMDL icon
429
GraniteShares 2x Long AMD Daily ETF
AMDL
$967M
$233K ﹤0.01%
+14,966
New +$271K
EETH icon
430
CALL
ProShares Ether Strategy ETF
EETH
$54.1M
$231K ﹤0.01%
6,200
-22,400
-78% -$1.12M
U icon
431
Unity
U
$14.6B
$231K ﹤0.01%
+5,220
New +$213K
CIFR icon
432
PUT
Cipher Digital
CIFR
$9.88B
$230K ﹤0.01%
15,600
-4,400
-22% -$77.7K
LLYX
433
CALL
Defiance Daily Target 2x Long LLY ETF
LLYX
$46.1M
$227K ﹤0.01%
8,900
+6,200
+230% +$132K
XXRP
434
Teucrium 2x Long Daily XRP ETF
XXRP
$89.9M
$226K ﹤0.01%
2,369
-2,221
-48% -$412K
TLRY icon
435
CALL
Tilray
TLRY
$632M
$226K ﹤0.01%
+30,100
New +$367K
EWW icon
436
iShares MSCI Mexico ETF
EWW
$1.97B
$225K ﹤0.01%
+3,244
New +$219K
KOD icon
437
Kodiak Sciences
KOD
$2.49B
$225K ﹤0.01%
+8,037
New +$165K
INTW
438
PUT
GraniteShares 2x Long INTC Daily ETF
INTW
$281M
$224K ﹤0.01%
41,600
+7,200
+21% +$42.6K
TMFC icon
439
CALL
Motley Fool 100 Index ETF
TMFC
$2.09B
$222K ﹤0.01%
3,100
-300
-9% -$21.4K
XNTK icon
440
PUT
State Street SPDR NYSE Technology ETF
XNTK
$2.11B
$222K ﹤0.01%
800
+600
+300% +$168K
AAAU icon
441
Goldman Sachs Physical Gold ETF Shares
AAAU
$2.46B
$221K ﹤0.01%
5,203
-7,974
-61% -$327K
CONY icon
442
YieldMax COIN Option Income Strategy ETF
CONY
$325M
$221K ﹤0.01%
+5,626
New +$310K
FXL icon
443
First Trust Technology AlphaDEX Fund
FXL
$2.63B
$219K ﹤0.01%
+1,300
New +$220K
NVDW
444
PUT
Roundhill NVDA WeeklyPay ETF
NVDW
$109M
$218K ﹤0.01%
+5,200
New +$234K
XOVR
445
CALL
EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF
XOVR
$1.79B
$218K ﹤0.01%
10,800
-9,800
-48% -$201K
HOOG
446
PUT
Leverage Shares 2X Long HOOD Daily ETF
HOOG
$55.2M
$217K ﹤0.01%
4,000
+2,400
+150% +$212K
MAGS icon
447
Listed Funds Trust Roundhill Magnificent Seven ETF
MAGS
$3.83B
$217K ﹤0.01%
+3,289
New +$217K
BITO icon
448
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.42B
$216K ﹤0.01%
17,800
-100
-0.6% -$1.57K
SIVR icon
449
CALL
abrdn Physical Silver Shares ETF
SIVR
$4.03B
$216K ﹤0.01%
3,200
+1,200
+60% +$63.1K
SLVP icon
450
PUT
iShares MSCI Global Silver and Metals Miners ETF
SLVP
$793M
$216K ﹤0.01%
6,300
-2,300
-27% -$67.7K
16 17
18
19 20

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 Q4 2025 Portfolio in Review

As of Q4 2025, Belvedere Trading held 1,246 positions worth $93.1B, up 7.2% from $86.9B the previous quarter. Its ten largest holdings account for 81% of the portfolio.

Belvedere Trading withdrew a net $9.32B in Q4 2025, closing 397 positions and reducing 237 holdings. Its most notable exit was Tesla, an estimated $188M position sold in full.

By sector, the portfolio is most concentrated in Technology at 0.23% of assets, down from 0.5% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Belvedere Trading opened a new position in SPDR Gold Trust worth $23M.

  • Belvedere Trading's largest Q4 2025 buy was SPDR Gold Trust: 58,131 shares worth $23M.
  • Belvedere Trading added most to Super Micro Computer in Q4 2025, an estimated $32.9M increase.
  • Belvedere Trading's biggest Q4 2025 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $171M.
  • Belvedere Trading fully exited Tesla in Q4 2025, selling an estimated $188M.
  • Belvedere Trading's ten largest holdings make up 81% of its $93.1B portfolio in Q4 2025.
  • Belvedere Trading opened 362 new positions and closed 397 in Q4 2025.
  • Belvedere Trading's portfolio value rose 7.2% quarter-over-quarter to $93.1B.

Based on Belvedere Trading's 13F filing for Q4 2025, filed 10 Feb 2026.