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Asset Manager ← All Institutions

Belvedere Trading LLC

Q3 2025 · Filed 2025-10-27
Market Value
$1.2B
-2.4%
Holdings
310
+31
New Purchases
116
Added To
53
Closed
97
Reduced
43
Top 10 Concentration
83.9%
Turnover
68.7%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
TSLA 15.29% 0.58% +14.71% $188M
SPY 14.84% 5.16% +9.68% $183M
AVGO 9.63% 4.73% +4.90% $119M
IBIT 12.20% 7.59% +4.61% $150M
QQQ 6.82% 4.27% +2.55% $84M
AAPL 1.33% 0.43% +0.90% $16M
PLTR 0.88% 0.00% +0.88% $11M
SLVR 1.07% 0.20% +0.88% $13M
GE 0.53% 0.00% +0.53% $6M
AMZN 1.78% 1.41% +0.37% $22M
IVOL 0.28% 0.00% +0.28% $3M
GEV 0.27% 0.00% +0.27% $3M
FNGG 0.27% 0.00% +0.27% $3M
IAU 0.27% 0.00% +0.27% $3M
NVDA 14.12% 13.87% +0.25% $174M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSTR 2.32% 30.10% -27.78% $29M
SMH 0.00% 8.36% -8.36% $0
GLD 0.00% 2.67% -2.67% $0
SMCI 1.78% 3.57% -1.80% $22M
IWM 1.78% 3.15% -1.37% $22M
PPLT 0.00% 0.86% -0.86% $0
SLV 0.00% 0.48% -0.48% $0
EFA 0.04% 0.41% -0.37% $489K
EEM 0.00% 0.32% -0.32% $0
PALL 0.00% 0.23% -0.23% $0
RINF 0.00% 0.21% -0.21% $0
META 1.28% 1.44% -0.16% $16M
ARGT 0.00% 0.14% -0.14% $0
SGDJ 0.02% 0.15% -0.13% $257K
GDX 0.00% 0.10% -0.10% $0

Sector Allocation Over Time

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 23 $898M 73.0%
Large Cap 57 $242M 19.6%
Mid Cap 54 $16M 1.3%
Small Cap 72 $27M 2.2%
Micro Cap 104 $47M 3.9%

Portfolio Analytics

Avg Market Cap
$122.2B
Median Market Cap
$1.1B
Avg P/E
54.4
Median P/E
28.4
Avg Dividend Yield
0.08%
Avg Beta
1.64
# Stocks
116
# ETFs / Funds
194

Top Holdings (310 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 TSLA 15.29% 423,436 $188M $444.72 $181M +400,429 +1740.5%
2 SPY 14.84% 274,357 $183M $666.18 $118M +168,940 +160.3%
3 NVDA 14.12% 931,960 $174M $186.58 -$1M -175,381 -15.8%
4 IBIT 12.20% 2,310,424 $150M $65.00 $54M +747,033 +47.8%
5 AVGO 9.63% 359,367 $119M $329.91 $59M +142,930 +66.0%
6 QQQ 6.82% 139,938 $84M $600.37 $30M +42,227 +43.2%
7 AMD 5.11% 388,626 $63M $161.79 -$1M -62,292 -13.8%
8 MSTR 2.32% 88,649 $29M $322.21 -$351M -850,502 -90.6%
9 IWM 1.78% 90,630 $22M $241.96 -$18M -93,765 -50.9%
10 AMZN 1.78% 99,796 $22M $219.57 $4M +18,502 +22.8%
11 SMCI 1.78% 456,316 $22M $47.94 -$23M -463,642 -50.4%
12 AAPL 1.33% 64,294 $16M $254.63 $11M +37,984 +144.4%
13 META 1.28% 21,382 $16M $734.38 -$2M -3,229 -13.1%
14 SLVR 1.07% 298,592 $13M $44.33 $11M +214,488 +255.0%
15 PLTR 0.88% 59,574 $11M $182.42 +59,574 NEW
16 VOO 0.78% 15,624 $10M $612.38 $798K +185 +1.2%
17 GE 0.53% 21,553 $6M $300.82 +21,553 NEW
18 IVOL 0.28% 177,996 $3M $19.28 +177,996 NEW
19 GEV 0.27% 5,392 $3M $614.90 +5,392 NEW
20 FNGG 0.27% 13,579 $3M $242.63 +13,579 NEW
21 IAU 0.27% 44,956 $3M $72.77 +44,956 NEW
22 NVDX 0.26% 165,777 $3M $19.10 $1M +43,808 +35.9%
23 NFLU 0.25% 53,389 $3M $56.80 +53,389 NEW
24 ETHT 0.23% 31,402 $3M $90.01 +31,402 NEW
25 CWEB 0.19% 41,127 $2M $57.55 $995K +6,503 +18.8%
26 BITU 0.19% 43,779 $2M $53.39 $206K +2,602 +6.3%
27 AAPU 0.19% 70,693 $2M $32.32 +70,693 NEW
28 UGL 0.16% 42,209 $2M $46.06 $509K +809 +1.9%
29 SOLZ 0.15% 85,466 $2M $22.12 +85,466 NEW
30 BABA 0.14% 9,802 $2M $178.73 +9,802 NEW
31 BABX 0.14% 29,819 $2M $56.97 $2M +27,094 +994.3%
32 GGLL 0.14% 26,604 $2M $63.15 $872K +3,354 +14.4%
33 IVES 0.13% 49,708 $2M $32.12 +49,708 NEW
34 COF 0.12% 7,162 $2M $212.58 $835K +3,931 +121.7%
35 TSLY 0.12% 160,195 $2M $9.43 $1M +155,535 +3337.7%
36 IYY 0.12% 9,173 $1M $162.48 -$171K -1,839 -16.7%
37 SCHB 0.12% 57,954 $1M $25.71 $276K +7,000 +13.7%
38 XXRP 0.12% 45,902 $1M $32.30 $833K +23,599 +105.8%
39 VUG 0.12% 2,979 $1M $479.61 +2,979 NEW
40 LEN 0.11% 10,721 $1M $126.04 $1M +8,639 +414.9%
41 RDDT 0.10% 5,600 $1M $229.99 $1M +5,057 +931.3%
42 SIL 0.10% 17,623 $1M $71.63 +17,623 NEW
43 PATK 0.10% 11,679 $1M $103.43 +11,679 NEW
44 SARK 0.10% 41,804 $1M $28.69 +41,804 NEW
45 CHAT 0.10% 19,437 $1M $61.50 +19,437 NEW
46 VRT 0.10% 7,905 $1M $150.86 $467K +2,253 +39.9%
47 SIVR 0.09% 25,366 $1M $44.48 $386K +3,794 +17.6%
48 HUT.TO 0.09% 32,293 $1M $34.81 $538K +802 +2.5%
49 GME 0.09% 39,631 $1M $27.28 $605K +20,123 +103.2%
50 AVL 0.09% 20,305 $1M $52.34 $1M +19,695 +3228.7%
51 COOP 0.07% 4,275 $901K $210.79 $571K +2,064 +93.3%
52 RDTL 0.07% 15,008 $877K $58.46 +15,008 NEW
53 XNTK 0.07% 3,101 $844K $272.23 +3,101 NEW
54 MUU 0.07% 20,350 $844K $41.47 +20,350 NEW
55 SLON 0.06% 15,410 $797K $51.72 +15,410 NEW
56 NVDL 0.06% 8,430 $789K $93.62 +8,430 NEW
57 GRNY 0.06% 31,453 $786K $24.99 +31,453 NEW
58 WDC 0.06% 6,232 $748K $120.06 +6,232 NEW
59 CONL 0.06% 19,375 $725K $37.40 -$407K -5,154 -21.0%
60 WGMI 0.06% 16,369 $724K $44.24 +16,369 NEW
61 SNEX 0.06% 7,108 $717K $100.92 +7,108 NEW
62 EUAD 0.06% 15,017 $705K $46.97 $538K +11,150 +288.3%
63 YETH 0.06% 25,949 $692K $26.67 $658K +24,571 +1783.1%
64 URA 0.06% 14,424 $688K $47.67 +14,424 NEW
65 TIP 0.06% 6,140 $683K $111.22 +6,140 NEW
66 ASMG 0.05% 29,727 $651K $21.89 +29,727 NEW
67 BLOK 0.05% 8,499 $570K $67.04 +8,499 NEW
68 SOFX 0.05% 14,499 $562K $38.79 +14,499 NEW
69 PLTY 0.05% 8,495 $554K $65.27 -$56K -998 -10.5%
70 GSLC 0.04% 4,244 $553K $130.28 +4,244 NEW
71 SBET 0.04% 31,998 $544K $17.01 +31,998 NEW
72 EWZ 0.04% 17,315 $537K $31.00 +17,315 NEW
73 NVDU 0.04% 3,859 $506K $131.13 -$484K -6,143 -61.4%
74 AAAU 0.04% 13,177 $502K $38.12 $263K +5,854 +79.9%
75 SOXL 0.04% 14,335 $499K $34.84 -$99K -9,496 -39.9%
76 TIPT 0.04% 26,021 $499K $19.17 +26,021 NEW
77 EFA 0.04% 5,241 $489K $93.37 -$5M -52,514 -90.9%
78 ASHR 0.04% 14,695 $485K $32.98 +14,695 NEW
79 ION 0.04% 12,324 $480K $38.93 +12,324 NEW
80 HIMS 0.04% 8,240 $467K $56.72 -$990K -20,995 -71.8%
81 RSP 0.04% 2,427 $460K $189.70 +2,427 NEW
82 CRWL 0.04% 12,572 $456K $36.30 $393K +11,070 +737.0%
83 ITUB 0.04% 61,504 $451K $7.34 $66K +4,715 +8.3%
84 LLYX 0.04% 31,545 $438K $13.89 +31,545 NEW
85 NUGT 0.04% 2,817 $435K $154.44 +2,817 NEW
86 SLYG 0.04% 4,600 $434K $94.31 $70K +500 +12.2%
87 TSLL 0.03% 19,969 $422K $21.11 +19,969 NEW
88 IWMY 0.03% 18,068 $416K $23.00 +18,068 NEW
89 AAPX 0.03% 14,694 $412K $28.05 +14,694 NEW
90 CWAN 0.03% 22,663 $408K $18.02 +22,663 NEW
91 SPYI 0.03% 7,701 $403K $52.30 +7,701 NEW
92 SHLD 0.03% 5,588 $393K $70.24 +5,588 NEW
93 NLR 0.03% 2,827 $383K $135.65 -$273K -3,077 -52.1%
94 TSM 0.03% 1,371 $383K $279.29 +1,371 NEW
95 MP 0.03% 5,691 $382K $67.07 +5,691 NEW
96 SOFI 0.03% 14,418 $381K $26.42 +14,418 NEW
97 GDXY 0.03% 21,232 $375K $17.66 +21,232 NEW
98 VIXY 0.03% 11,053 $357K $32.30 $96K +5,490 +98.7%
99 JPMO 0.03% 20,390 $354K $17.34 +20,390 NEW
100 YBTC 0.03% 7,688 $344K $44.79 $146K +3,432 +80.6%

Options Breakdown

399 Calls $40.6B Call Value 319 Puts $45.0B Put Value 1.11 P/C Ratio

Top Calls

SymbolSharesValueStatus
SPY 28,104,100 $18.7B
NVDA 27,979,900 $5.2B
TSLA 10,481,700 $4.7B
QQQ 6,529,500 $3.9B
META 2,142,600 $1.6B
IWM 4,148,700 $1.0B
MSTR 2,773,900 $894M
AAPL 2,871,300 $731M
GLD 2,044,900 $727M
SMH 1,855,600 $606M

Top Puts

SymbolSharesValueStatus
SPY 31,002,500 $20.7B
TSLA 13,203,300 $5.9B
QQQ 8,845,300 $5.3B
NVDA 25,240,900 $4.7B
IWM 5,364,600 $1.3B
META 1,684,900 $1.2B
MSTR 3,596,900 $1.2B
AAPL 3,290,400 $838M
AVGO 2,000,000 $660M
SMH 1,872,000 $611M

New Positions

SymbolValue% Port
PLTR $11M 0.88%
GE $6M 0.53%
IVOL $3M 0.28%
GEV $3M 0.27%
FNGG $3M 0.27%
IAU $3M 0.27%
NFLU $3M 0.25%
ETHT $3M 0.23%
AAPU $2M 0.19%
SOLZ $2M 0.15%
BABA $2M 0.14%
IVES $2M 0.13%
VUG $1M 0.12%
SIL $1M 0.10%
PATK $1M 0.10%

Sold Out Positions

SymbolValue% Port
DHT —%
CRCL —%
TDOC —%
RLJ —%
SHO —%
PL —%
EMXC —%
HOOD —%
BKCH —%
BZFD —%
CONI —%
VXX —%
COGT —%
ETHU —%
ETHA —%
View SEC EDGAR Filings for Belvedere Trading LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms