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
CONL icon
501
CALL
GraniteShares 2x Long COIN Daily ETF
CONL
$417M
$183K ﹤0.01%
4,900
-19,400
-80% -$794K
KORU icon
502
Direxion Daily MSCI South Korea Bull 3X ETF
KORU
$1.61B
$183K ﹤0.01%
34,580
+32,040
+1,261% +$140K
MSFL icon
503
GraniteShares 2x Long MSFT Daily ETF
MSFL
$141M
$181K ﹤0.01%
+5,681
New +$178K
BAIG
504
PUT
Leverage Shares 2X Long BBAI Daily ETF
BAIG
$9.09M
$180K ﹤0.01%
+970
New +$150K
CRCG
505
PUT
Leverage Shares 2X Long CRCL Daily ETF
CRCG
$86.8M
$179K ﹤0.01%
+1,940
New +$192K
EWG icon
506
iShares MSCI Germany ETF
EWG
$1.62B
$176K ﹤0.01%
+4,229
New +$177K
XOVR
507
EntrepreneurShares Series Trust ERShares Private-Public Crossover ETF
XOVR
$1.85B
$176K ﹤0.01%
+8,315
New +$166K
FBY icon
508
PUT
YieldMax META Option Income Strategy ETF
FBY
$106M
$174K ﹤0.01%
+11,100
New +$183K
TEMT
509
CALL
Tradr 2X Long TEM Daily ETF
TEMT
$30.9M
$174K ﹤0.01%
1,867
-1,300
-41% -$98.6K
STCE icon
510
PUT
Schwab Crypto Thematic Natural Language Processing ETF
STCE
$237M
$173K ﹤0.01%
2,200
+700
+47% +$42.3K
GOOX icon
511
CALL
T-Rex 2X Long Alphabet Daily Target ETF
GOOX
$60.1M
$173K ﹤0.01%
+3,900
New +$133K
HTZ icon
512
CALL
Hertz
HTZ
$480M
$171K ﹤0.01%
25,100
-3,100
-11% -$19.9K
FNGS icon
513
CALL
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$601M
$168K ﹤0.01%
2,400
– –
INTW
514
PUT
GraniteShares 2x Long INTC Daily ETF
INTW
$342M
$168K ﹤0.01%
+34,400
New +$95.8K
PL icon
515
PUT
Planet Labs
PL
$8.16B
$166K ﹤0.01%
12,800
-1,900
-13% -$14.7K
GAMR icon
516
CALL
Amplify Video Game Tech ETF
GAMR
$39.3M
$164K ﹤0.01%
+1,700
New +$154K
ETHA
517
PUT
iShares Ethereum Trust ETF
ETHA
$5.43B
$164K ﹤0.01%
+5,200
New +$154K
THRY icon
518
CALL
Thryv Holdings
THRY
$126M
$163K ﹤0.01%
+13,500
New +$171K
TIC
519
TIC Solutions Inc
TIC
$1.85B
$162K ﹤0.01%
+12,134
New +$138K
SOLZ
520
PUT
Solana ETF
SOLZ
$86.7M
$161K ﹤0.01%
+7,300
New +$152K
CWEB icon
521
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$260M
$161K ﹤0.01%
+2,800
New +$131K
GOOY icon
522
PUT
YieldMax GOOGL Option Income Strategy ETF
GOOY
$254M
$160K ﹤0.01%
+11,300
New +$150K
IVV icon
523
iShares Core S&P 500 ETF
IVV
$901B
$159K ﹤0.01%
237
-105
-31% -$67.6K
CSGP icon
524
CALL
CoStar Group
CSGP
$12B
$157K ﹤0.01%
27,500
+6,400
+30% +$566K
SRDX
525
CALL
DELISTED
Surmodics
SRDX
$155K ﹤0.01%
+5,200
New +$174K
19 20
21
22 23

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.