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Belvedere Trading

Belvedere Trading Portfolio holdings

AUM $84.4B
1-Year Est. Return 52.68%
This Fund
S&P 500
This Quarter Est. Return
+34.98%
1 Year Est. Return
+52.68%
3 Year Est. Return
+262.56%
5 Year Est. Return
+468.62%
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
HPP
526
CALL
Hudson Pacific Properties
HPP
$760M
$94.8K ﹤0.01%
4,943
– –
CRCL
527
Circle Internet Group
CRCL
$15.3B
$94.6K ﹤0.01%
+522
New +$85K
NVDG
528
CALL
Leverage Shares 2X Long NVDA Daily ETF
NVDG
$40.9M
$92.1K ﹤0.01%
+6,100
New +$61.2K
IONQ icon
529
CALL
IonQ
IONQ
$13.6B
$90.2K ﹤0.01%
+2,100
New +$70.4K
PL icon
530
PUT
Planet Labs
PL
$7.26B
$89.7K ﹤0.01%
14,700
+12,800
+674% +$52.3K
SOLT
531
PUT
2x Solana ETF
SOLT
$113M
$88.6K ﹤0.01%
+270
New +$86.9K
LCID icon
532
CALL
Lucid Motors
LCID
$2.98B
$87.1K ﹤0.01%
4,130
+3,270
+380% +$78.3K
TSLY icon
533
CALL
YieldMax TSLA Option Income Strategy ETF
TSLY
$624M
$86.6K ﹤0.01%
+2,120
New +$90.3K
MAGX icon
534
PUT
Roundhill Daily 2X Long Magnificent Seven ETF
MAGX
$53M
$85.6K ﹤0.01%
+2,000
New +$69.5K
GRRR
535
PUT
Gorilla Technology Group
GRRR
$313M
$85.5K ﹤0.01%
4,300
-1,100
-20% -$20.5K
IPO icon
536
CALL
Renaissance IPO ETF
IPO
$154M
$85.4K ﹤0.01%
+1,900
New +$77.4K
ETHD
537
PUT
ProShares UltraShort Ether ETF
ETHD
$49.4M
$85.2K ﹤0.01%
570
-10
-2% -$3.04K
BITO icon
538
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.37B
$83.9K ﹤0.01%
3,900
-99,300
-96% -$2.05M
APYX icon
539
CALL
Apyx Medical
APYX
$172M
$83.7K ﹤0.01%
37,200
– –
RDDT icon
540
Reddit
RDDT
$27B
$81.8K ﹤0.01%
543
-138
-20% -$15.6K
SVIX icon
541
-1x Short VIX Futures ETF
SVIX
$173M
$81.7K ﹤0.01%
5,268
-3,686
-41% -$51.1K
FNCL icon
542
PUT
Fidelity MSCI Financials Index ETF
FNCL
$2.38B
$81.4K ﹤0.01%
+1,100
New +$76.3K
MULL
543
PUT
GraniteShares 2x Long MU Daily ETF
MULL
$519M
$81.4K ﹤0.01%
+95,000
New +$50.5K
AIRJ
544
Montana Technologies Corp
AIRJ
$306M
$81.3K ﹤0.01%
+17,565
New +$80.7K
FTEC icon
545
PUT
Fidelity MSCI Information Technology Index ETF
FTEC
$19.8B
$78.9K ﹤0.01%
400
+200
+100% +$34.6K
XLG icon
546
Invesco S&P 500 Top 50 ETF
XLG
$10.6B
$78.8K ﹤0.01%
+1,513
New +$72K
ACDC icon
547
PUT
ProFrac Holding
ACDC
$729M
$77.6K ﹤0.01%
+10,000
New +$65.5K
QUBT icon
548
PUT
Quantum Computing Inc
QUBT
$1.81B
$76.7K ﹤0.01%
+4,000
New +$44.1K
NGD
549
CALL
DELISTED
New Gold Inc
NGD
$75.7K ﹤0.01%
15,300
-300
-2% -$1.23K
STCE icon
550
PUT
Schwab Crypto Thematic Natural Language Processing ETF
STCE
$230M
$75.1K ﹤0.01%
+1,500
New +$60.1K
20 21
22
23 24

Similar funds

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Squarepoint
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Mackenzie Financial
Mackenzie Financial Toronto Ontario, Ontario, Canada $83.3B AUM 31.19% 1-Year Est. Return
Mariner
Mariner Overland Park, Kansas $85.7B AUM 24.21% 1-Year Est. Return
BNP Paribas Asset Management
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US Bancorp
US Bancorp Minneapolis, Minnesota $82.4B AUM 19.69% 1-Year Est. Return
Prudential Financial
Prudential Financial Newark, New Jersey $81.2B AUM 27.81% 1-Year Est. Return
Focus Partners Wealth
Focus Partners Wealth Boston, Massachusetts $89.9B AUM 20.5% 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.