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
HIPO icon
801
PUT
Hippo Holdings
HIPO
$859M
– –
-1,000
Closed -$26.8K
HOUS
802
CALL
DELISTED
Anywhere Real Estate
HOUS
– –
-25,500
Closed -$84.2K
HSBC icon
803
CALL
HSBC
HSBC
$369B
– –
-1,600
Closed -$80.8K
HSBC icon
804
PUT
HSBC
HSBC
$369B
– –
-26,800
Closed -$1.35M
HYG icon
805
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
– –
-6,336
Closed -$503K
IAU icon
806
iShares Gold Trust
IAU
$62.7B
– –
-21,488
Closed -$1.16M
IAU icon
807
PUT
iShares Gold Trust
IAU
$62.7B
– –
-2,000
Closed -$99K
IETC icon
808
CALL
iShares US Tech Independence Focused ETF
IETC
$681M
– –
-2,500
Closed -$213K
IGPT icon
809
CALL
Invesco AI and Next Gen Software ETF
IGPT
$1.17B
– –
-1,500
Closed -$67.8K
IGPT icon
810
Invesco AI and Next Gen Software ETF
IGPT
$1.17B
– –
-6,756
Closed -$306K
INFY icon
811
CALL
Infosys
INFY
$49.8B
– –
-21,800
Closed -$478K
INO icon
812
CALL
Inovio Pharmaceuticals
INO
$59M
– –
-17,600
Closed -$2.99K
IONQ icon
813
CALL
IonQ
IONQ
$14.9B
– –
-11,200
Closed -$468K
IONQ icon
814
PUT
IonQ
IONQ
$14.9B
– –
-2,500
Closed -$104K
IRBT
815
CALL
DELISTED
iRobot
IRBT
– –
-31,700
Closed -$246K
IRBT
816
DELISTED
iRobot
IRBT
– –
-300
Closed -$2.33K
IRBT
817
PUT
DELISTED
iRobot
IRBT
– –
-500
Closed -$3.88K
ITB icon
818
iShares US Home Construction ETF
ITB
$2.22B
– –
-9,705
Closed -$1M
IVV icon
819
iShares Core S&P 500 ETF
IVV
$882B
– –
-1,601
Closed -$945K
IVV icon
820
PUT
iShares Core S&P 500 ETF
IVV
$882B
– –
-1,700
Closed -$1M
IWV icon
821
CALL
iShares Russell 3000 ETF
IWV
$19.9B
– –
-2,900
Closed -$969K
IYW icon
822
iShares US Technology ETF
IYW
$24.1B
– –
-345
Closed -$55K
IYW icon
823
PUT
iShares US Technology ETF
IYW
$24.1B
– –
-10,500
Closed -$1.67M
IYY icon
824
PUT
iShares Dow Jones US ETF
IYY
$2.99B
– –
-100
Closed -$14.3K
JEPI icon
825
JPMorgan Equity Premium Income ETF
JEPI
$45.7B
– –
-2,049
Closed -$118K
31 32
33
34 35

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.