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
-8.69%
1 Year Est. Return
+131.08%
3 Year Est. Return
+497.29%
5 Year Est. Return
+787.25%
10 Year Est. Return
–
AUM
$88.7B
AUM Growth
+$5.87B
Cap. Flow
+$14.6B
Cap. Flow %
16.42%
Top 10 Hldgs %
86.79%
Holding
1,102
New
275
Increased
152
Reduced
217
Closed
425

Top Buys

Rank Stock Value
1
MSTR icon
Strategy Inc
MSTR
+$195M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$158M
3
IWM icon
iShares Russell 2000 ETF
IWM
+$39.2M
4
AVGO icon
Broadcom
AVGO
+$26.4M
5
META icon
Meta Platforms (Facebook)
META
+$25.1M

Top Sells

Rank Stock Value
1
SMH icon
VanEck Semiconductor ETF
SMH
+$144M
2
QQQ icon
Invesco QQQ Trust
QQQ
+$135M
3
NVDA icon
NVIDIA
NVDA
+$104M
4
AMD icon
Advanced Micro Devices
AMD
+$23.2M
5
SMCI icon
Super Micro Computer
SMCI
+$22.3M

Sector Composition

Rank Sector Weight
1 Technology 0.7%
2 Communication Services 0.07%
3 Consumer Discretionary 0.05%
4 Energy 0%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DDD icon
551
CALL
3D Systems Corp
DDD
$462M
$21.2K ﹤0.01%
10,000
– –
FCEL icon
552
CALL
FuelCell Energy
FCEL
$1.71B
$21.2K ﹤0.01%
107,500
+2,800
+3% +$20.9K
LCID icon
553
CALL
Lucid Motors
LCID
$3B
$20.8K ﹤0.01%
860
-7,850
-90% -$210K
SIRI icon
554
CALL
SiriusXM
SIRI
$10.2B
$20.6K ﹤0.01%
1,700
-12,700
-88% -$299K
UNL icon
555
CALL
United States 12 Month Natural Gas Fund
UNL
$13.5M
$20.5K ﹤0.01%
+2,000
New +$18.8K
ABAT icon
556
CALL
American Battery Technology Co
ABAT
$292M
$20.5K ﹤0.01%
+19,900
New +$27K
TMF icon
557
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.14B
$20.5K ﹤0.01%
+465
New +$19.5K
SPCE icon
558
CALL
Virgin Galactic
SPCE
$362M
$20.4K ﹤0.01%
19,100
-2,500
-12% -$11K
RIOX
559
CALL
Defiance Daily Target 2X Long RIOT ETF
RIOX
$17.9M
$20.4K ﹤0.01%
+933
New +$51.4K
MRNY icon
560
YieldMax MRNA Option Income Strategy ETF
MRNY
$107M
$20.2K ﹤0.01%
+733
New +$28.1K
MTUM icon
561
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$25.6B
$20.2K ﹤0.01%
100
-100
-50% -$21.4K
XSD icon
562
State Street SPDR S&P Semiconductor ETF
XSD
$2.76B
$20.1K ﹤0.01%
+100
New +$23.8K
XSD icon
563
PUT
State Street SPDR S&P Semiconductor ETF
XSD
$2.76B
$20.1K ﹤0.01%
+100
New +$23.8K
SIRI icon
564
SiriusXM
SIRI
$10.2B
$19.9K ﹤0.01%
882
-5,338
-86% -$126K
RIOX
565
PUT
Defiance Daily Target 2X Long RIOT ETF
RIOX
$17.9M
$19.6K ﹤0.01%
+900
New +$49.6K
VOX icon
566
Vanguard Communication Services ETF
VOX
$5.78B
$19.4K ﹤0.01%
+131
New +$20.8K
QQQM icon
567
Invesco NASDAQ 100 ETF
QQQM
$99B
$19.3K ﹤0.01%
+100
New +$20.9K
QQQM icon
568
PUT
Invesco NASDAQ 100 ETF
QQQM
$99B
$19.3K ﹤0.01%
100
-1,500
-94% -$314K
TSAT icon
569
CALL
Telesat
TSAT
$611M
$18.8K ﹤0.01%
1,000
+400
+67% +$7.64K
TSLQ icon
570
PUT
Tradr TSLA Bear Daily ETF
TSLQ
$103M
$18.3K ﹤0.01%
+133
New +$15K
EVTL icon
571
PUT
Vertical Aerospace
EVTL
$162M
$17.2K ﹤0.01%
50,700
+1,600
+3% +$8.97K
BTCL
572
PUT
T-Rex 2X Long Bitcoin Daily Target ETF
BTCL
$22.4M
$17.1K ﹤0.01%
500
-5,400
-92% -$252K
NN icon
573
PUT
NextNav
NN
$1.81B
$17K ﹤0.01%
+1,400
New +$16.9K
LCID icon
574
PUT
Lucid Motors
LCID
$3B
$16.9K ﹤0.01%
700
+190
+37% +$5.08K
ILMN icon
575
PUT
Illumina
ILMN
$30B
$16.7K ﹤0.01%
200
-2,200
-92% -$238K
21 22
23
24 25

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 Q1 2025 Portfolio in Review

As of Q1 2025, Belvedere Trading held 1,102 positions worth $88.7B, up 7.1% from $82.8B the previous quarter. Its ten largest holdings account for 87% of the portfolio.

Belvedere Trading deployed $14.6B of net new capital in Q1 2025, opening 275 new positions and adding to 152 existing holdings. Its largest new stake was Broadcom: 124,615 shares worth $20.9M.

By sector, the portfolio is most concentrated in Technology at 0.7% of assets, down from 0.76% a quarter earlier, followed by Communication Services and Consumer Discretionary.

On the sell side, the largest reduction was NVIDIA, an estimated $104M trimmed.

  • Belvedere Trading's largest Q1 2025 buy was Broadcom: 124,615 shares worth $20.9M.
  • Belvedere Trading added most to Strategy Inc in Q1 2025, an estimated $195M increase.
  • Belvedere Trading's biggest Q1 2025 reduction was NVIDIA, cutting an estimated $104M.
  • Belvedere Trading fully exited VanEck Semiconductor ETF in Q1 2025, selling an estimated $144M.
  • Belvedere Trading's ten largest holdings make up 87% of its $88.7B portfolio in Q1 2025.
  • Belvedere Trading opened 275 new positions and closed 425 in Q1 2025.
  • Belvedere Trading's portfolio value rose 7.1% quarter-over-quarter to $88.7B.

Based on Belvedere Trading's 13F filing for Q1 2025, filed 9 May 2025.