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
+18%
1 Year Est. Return
+131.08%
3 Year Est. Return
+497.29%
5 Year Est. Return
+787.25%
10 Year Est. Return
–
AUM
$86.9B
AUM Growth
+$1.37B
Cap. Flow
-$8.02B
Cap. Flow %
-9.24%
Top 10 Hldgs %
82.83%
Holding
1,210
New
406
Increased
208
Reduced
217
Closed
323

Top Buys

Rank Stock Value
1
TSLA icon
Tesla
TSLA
+$139M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$108M
3
IBIT icon
iShares Bitcoin Trust
IBIT
+$48.6M
4
AVGO icon
Broadcom
AVGO
+$43.8M
5
QQQ icon
Invesco QQQ Trust
QQQ
+$24.2M

Top Sells

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$316M
2
SMH icon
VanEck Semiconductor ETF
SMH
+$112M
3
GLD icon
SPDR Gold Trust
GLD
+$35.2M
4
NVDA icon
NVIDIA
NVDA
+$30.6M
5
SMCI icon
Super Micro Computer
SMCI
+$22.1M

Sector Composition

Rank Sector Weight
1 Technology 0.5%
2 Consumer Discretionary 0.25%
3 Communication Services 0.02%
4 Industrials 0.01%
5 Financials 0.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LLY icon
451
CALL
Eli Lilly
LLY
$998B
$229K ﹤0.01%
+300
New +$223K
XSMO icon
452
CALL
Invesco S&P SmallCap Momentum ETF
XSMO
$3.15B
$228K ﹤0.01%
3,100
-18,800
-86% -$1.33M
IYY icon
453
CALL
iShares Dow Jones US ETF
IYY
$3.05B
$227K ﹤0.01%
1,400
-3,100
-69% -$485K
NVTX
454
PUT
Tradr 2X Long NVTS Daily ETF
NVTX
$28.3M
$225K ﹤0.01%
+5,900
New +$191K
CWEB icon
455
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$259M
$224K ﹤0.01%
3,900
-11,400
-75% -$532K
SNDK
456
PUT
Sandisk
SNDK
$213B
$224K ﹤0.01%
+2,000
New +$117K
RDTE
457
PUT
Roundhill Russell 2000 0DTE Covered Call Strategy ETF
RDTE
$178M
$224K ﹤0.01%
6,700
-3,300
-33% -$111K
TSLG
458
CALL
Leverage Shares 2X Long TSLA Daily ETF
TSLG
$35.2M
$224K ﹤0.01%
+21,200
New +$143K
BIDU icon
459
PUT
Baidu
BIDU
$38.1B
$224K ﹤0.01%
+1,700
New +$168K
CNR
460
Core Natural Resources Inc
CNR
$4.07B
$223K ﹤0.01%
2,668
-1,584
-37% -$119K
ALAB icon
461
Astera Labs
ALAB
$61.3B
$223K ﹤0.01%
+1,137
New +$187K
SMST
462
Defiance Daily Target 2x Short MSTR ETF
SMST
$28.7M
$222K ﹤0.01%
7,564
+6,570
+661% +$166K
CEE
463
Central and Eastern Europe Fund
CEE
$136M
$221K ﹤0.01%
14,395
– –
BE icon
464
CALL
Bloom Energy
BE
$67.8B
$220K ﹤0.01%
+2,600
New +$121K
VEON icon
465
PUT
VEON
VEON
$3.75B
$218K ﹤0.01%
4,000
-1,800
-31% -$96.5K
CDE icon
466
PUT
Coeur Mining
CDE
$17B
$216K ﹤0.01%
+7,200
New +$88.1K
LBRDA icon
467
PUT
Liberty Broadband Class A
LBRDA
$5.04B
$215K ﹤0.01%
+3,400
New +$237K
RKLX
468
Defiance Daily Target 2X Long RKLB ETF
RKLX
$211M
$214K ﹤0.01%
+7,575
New +$214K
GOOX icon
469
PUT
T-Rex 2X Long Alphabet Daily Target ETF
GOOX
$59.8M
$213K ﹤0.01%
+4,800
New +$164K
INBX icon
470
Inhibrx
INBX
$1.24B
$211K ﹤0.01%
+6,277
New +$155K
THNQ icon
471
CALL
ROBO Global Artificial Intelligence ETF
THNQ
$450M
$211K ﹤0.01%
+3,300
New +$192K
AAPW
472
Roundhill AAPL WeeklyPay ETF
AAPW
$40.6M
$211K ﹤0.01%
+5,143
New +$193K
PLTW
473
CALL
Roundhill PLTR WeeklyPay ETF
PLTW
$139M
$209K ﹤0.01%
4,300
-12,600
-75% -$593K
DFDV
474
PUT
DeFi Development Corp
DFDV
$81.6M
$208K ﹤0.01%
14,960
+550
+4% +$9.14K
BBAI icon
475
BigBear.ai
BBAI
$1.5B
$207K ﹤0.01%
31,757
+20,824
+190% +$133K
17 18
19
20 21

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 Q3 2025 Portfolio in Review

As of Q3 2025, Belvedere Trading held 1,210 positions worth $86.9B, up 1.6% from $85.5B the previous quarter. Its ten largest holdings account for 83% of the portfolio.

Belvedere Trading withdrew a net $8.02B in Q3 2025, closing 323 positions and reducing 217 holdings. Its most notable exit was VanEck Semiconductor ETF, an estimated $112M position sold in full.

By sector, the portfolio is most concentrated in Technology at 0.5% of assets, down from 0.85% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, Belvedere Trading opened a new position in Palantir worth $10.9M.

  • Belvedere Trading's largest Q3 2025 buy was Palantir: 59,574 shares worth $10.9M.
  • Belvedere Trading added most to Tesla in Q3 2025, an estimated $139M increase.
  • Belvedere Trading's biggest Q3 2025 reduction was Strategy Inc, cutting an estimated $316M.
  • Belvedere Trading fully exited VanEck Semiconductor ETF in Q3 2025, selling an estimated $112M.
  • Belvedere Trading's ten largest holdings make up 83% of its $86.9B portfolio in Q3 2025.
  • Belvedere Trading opened 406 new positions and closed 323 in Q3 2025.
  • Belvedere Trading's portfolio value rose 1.6% quarter-over-quarter to $86.9B.

Based on Belvedere Trading's 13F filing for Q3 2025, filed 27 Oct 2025.