Belvedere Trading Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$172M |
| 2 |
NVIDIA
NVDA
|
+$144M |
| 3 |
Meta Platforms (Facebook)
META
|
+$94.9M |
| 4 |
iShares Bitcoin Trust
IBIT
|
+$25.5M |
| 5 |
Strategy Inc
MSTR
|
+$20.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$52M |
| 2 |
Super Micro Computer
SMCI
|
+$37.7M |
| 3 |
Advanced Micro Devices
AMD
|
+$31.3M |
| 4 |
Broadcom
AVGO
|
+$29.1M |
| 5 |
Western Digital
WDC
|
+$21.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 0.28% |
| 2 | Communication Services | 0.1% |
| 3 | Consumer Discretionary | 0.01% |
| 4 | Financials | 0% |
| 5 | Materials | 0% |
Similar funds
Belvedere Trading's Q1 2026 Portfolio in Review
As of Q1 2026, Belvedere Trading held 1,186 positions worth $84.4B, down 9.3% from $93.1B the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Belvedere Trading withdrew a net $6.57B in Q1 2026, closing 460 positions and reducing 218 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $52M position sold in full.
By sector, the portfolio is most concentrated in Technology at 0.28% of assets, up from 0.23% a quarter earlier, followed by Communication Services and Consumer Discretionary.
Against the trend, Belvedere Trading opened a new position in Meta Platforms (Facebook) worth $84.7M.
- Belvedere Trading's largest Q1 2026 buy was Meta Platforms (Facebook): 148,050 shares worth $84.7M.
- Belvedere Trading added most to State Street SPDR S&P 500 ETF Trust in Q1 2026, an estimated $172M increase.
- Belvedere Trading's biggest Q1 2026 reduction was Advanced Micro Devices, cutting an estimated $31.3M.
- Belvedere Trading fully exited Invesco QQQ Trust in Q1 2026, selling an estimated $52M.
- Belvedere Trading's ten largest holdings make up 87% of its $84.4B portfolio in Q1 2026.
- Belvedere Trading opened 337 new positions and closed 460 in Q1 2026.
- Belvedere Trading's portfolio value fell 9.3% quarter-over-quarter to $84.4B.
Based on Belvedere Trading's 13F filing for Q1 2026, filed 12 May 2026.