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Asset Manager ← All Institutions

Belpointe Asset Management LLC

500 DAMONTE RANCH, PARKWAY BUILDING 700 UNIT 700, RENO, NV 89521 • 2036293300

Q2 2025 · Filed 2025-07-22
Market Value
$2.3B
+24.7%
Holdings
1,012
-36
New Purchases
111
Added To
380
Closed
102
Reduced
372
Top 10 Concentration
26.5%
Turnover
21.0%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NOW 7.53% 0.12% +7.41% $175M
VUG 1.13% 0.11% +1.02% $26M
DGRW 1.02% 0.00% +1.02% $24M
XLK 1.31% 0.34% +0.97% $30M
SPHY 0.86% 0.00% +0.86% $20M
SCHG 2.17% 1.54% +0.63% $50M
SHYG 0.62% 0.00% +0.62% $14M
VOT 0.75% 0.14% +0.61% $17M
VCLT 0.48% 0.00% +0.48% $11M
NVDA 2.55% 2.11% +0.44% $59M
IJT 0.41% 0.00% +0.41% $9M
MSFT 1.86% 1.58% +0.28% $43M
IVV 1.18% 0.92% +0.27% $27M
TSLA 0.65% 0.47% +0.19% $15M
HEQT 0.18% 0.00% +0.18% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SGOV 1.71% 4.23% -2.52% $40M
AAPL 2.22% 3.76% -1.54% $51M
SPY 2.30% 3.02% -0.71% $53M
BRK-B 0.64% 1.34% -0.70% $15M
CLIP 0.44% 1.02% -0.58% $10M
RSEE 1.20% 1.50% -0.30% $28M
FNDX 1.31% 1.61% -0.30% $30M
XYLD 0.08% 0.31% -0.23% $2M
VBIL 0.04% 0.26% -0.23% $844K
OZ 0.85% 1.06% -0.22% $20M
QYLD 0.10% 0.31% -0.21% $2M
SCHX 1.45% 1.64% -0.19% $34M
JNJ 0.10% 0.29% -0.19% $2M
DTD 0.03% 0.21% -0.18% $688K
BMY 0.14% 0.32% -0.17% $3M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 67.3%
Technology 11.9%
Consumer Cyclical 3.8%
Industrials 3.4%
Communication Services 3.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 74 $689M 29.7%
Large Cap 513 $1.1B 48.8%
Mid Cap 214 $238M 10.2%
Small Cap 143 $134M 5.8%
Micro Cap 68 $126M 5.4%

Portfolio Analytics

Avg Market Cap
$89.8B
Median Market Cap
$14.6B
Avg P/E
31.7
Median P/E
21.9
Avg Dividend Yield
0.02%
Avg Beta
0.92
# Stocks
519
# ETFs / Funds
493

Top Holdings (1,012 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NOW 7.53% 170,042 $175M $1,028.08 $173M +167,137 +5753.4%
2 NVDA 2.55% 374,956 $59M $157.99 $20M +3,539 +0.9%
3 QQQ 2.50% 105,267 $58M $551.65 $12M +7,312 +7.5%
4 SPY 2.30% 86,408 $53M $617.86 -$3M -13,838 -13.8%
5 AAPL 2.22% 250,798 $51M $205.17 -$18M -64,110 -20.4%
6 SCHG 2.17% 1,725,277 $50M $29.21 $22M +582,673 +51.0%
7 BMI 1.89% 179,017 $44M $244.95 $10M +56 +0.0%
8 MSFT 1.86% 86,799 $43M $497.42 $14M +8,686 +11.1%
9 BIL 1.77% 448,867 $41M $91.73 $6M +61,158 +15.8%
10 SGOV 1.71% 395,173 $40M $100.69 -$39M -386,610 -49.5%
11 SCHX 1.45% 1,379,250 $34M $24.44 $3M -5,525 -0.4%
12 VOO 1.34% 54,559 $31M $568.04 $6M +5,621 +11.5%
13 FNDX 1.31% 1,241,457 $30M $24.54 $509K -27,350 -2.2%
14 XLK 1.31% 119,958 $30M $253.23 $24M +89,533 +294.3%
15 AMZN 1.27% 133,974 $29M $219.39 $5M +6,142 +4.8%
16 RSEE 1.20% 920,357 $28M $30.28 -$70K -91,988 -9.1%
17 IVV 1.18% 44,213 $27M $620.92 $10M +13,850 +45.6%
18 VUG 1.13% 59,831 $26M $438.41 $24M +54,473 +1016.7%
19 META 1.10% 34,553 $26M $738.12 $7M +2,879 +9.1%
20 DGRW 1.02% 282,059 $24M $83.74 +282,059 NEW
21 SPHY 0.86% 842,702 $20M $23.80 +842,702 NEW
22 OZ 0.85% 307,231 $20M $64.01 -$103K +737 +0.2%
23 SCHF 0.77% 804,946 $18M $22.10 $2M -9,950 -1.2%
24 VOT 0.75% 60,970 $17M $284.39 $15M +50,210 +466.6%
25 TSLA 0.65% 47,696 $15M $317.66 $6M +14,314 +42.9%
26 BRK-B 0.64% 30,620 $15M $485.78 -$10M -16,262 -34.7%
27 NFLX 0.63% 11,000 $15M $1,339.21 $6M +1,107 +11.2%
28 SHYG 0.62% 334,355 $14M $43.14 +334,355 NEW
29 JPM 0.60% 48,391 $14M $289.92 $4M +7,956 +19.7%
30 GLD 0.55% 41,508 $13M $304.83 $1M +1,314 +3.3%
31 VTI 0.54% 40,995 $12M $303.93 $5M +15,469 +60.6%
32 RDFI 0.53% 516,296 $12M $23.83 $9K -3,166 -0.6%
33 GHTA 0.53% 400,009 $12M $30.53 -$89K -22,798 -5.4%
34 GOOGL 0.52% 68,868 $12M $176.23 $777K -4,592 -6.2%
35 VO 0.52% 43,297 $12M $279.83 $1M +647 +1.5%
36 GE 0.51% 45,953 $12M $257.39 $2M -1,192 -2.5%
37 VCIT 0.50% 140,652 $12M $82.92 $2M +24,868 +21.5%
38 SPLG 0.50% 158,994 $12M $72.69 $4M +39,346 +32.9%
39 IJR 0.50% 105,727 $12M $109.29 $863K +3,476 +3.4%
40 VCLT 0.48% 146,005 $11M $75.90 +146,005 NEW
41 CLIP 0.44% 102,780 $10M $100.42 -$9M -86,316 -45.6%
42 EMXC 0.44% 161,566 $10M $63.14 $474K -15,013 -8.5%
43 PLTR 0.43% 73,580 $10M $136.32 $5M +8,315 +12.7%
44 SPDW 0.43% 247,260 $10M $40.49 $2M +19,114 +8.4%
45 IJT 0.41% 71,204 $9M $133.04 +71,204 NEW
46 PULS 0.40% 188,479 $9M $49.76 $1M +29,209 +18.3%
47 JEPI 0.40% 164,838 $9M $56.85 $188K +4,130 +2.6%
48 AVGO 0.39% 32,687 $9M $275.65 $3M -2,564 -7.3%
49 ROE 0.37% 269,846 $9M $32.21 $705K -3,006 -1.1%
50 IJH 0.37% 139,139 $9M $62.02 $2M +27,201 +24.3%
51 GOOG 0.37% 47,962 $9M $177.40 $1M +1,335 +2.9%
52 PTL 0.35% 35,503 $8M $229.31 $2M +4,372 +14.0%
53 COST 0.35% 8,166 $8M $990.02 $998K +673 +9.0%
54 EFG 0.34% 71,473 $8M $112.00 $784K -743 -1.0%
55 VT 0.33% 60,304 $8M $128.52 $1M +5,272 +9.6%
56 SPGM 0.33% 112,093 $8M $69.00 $1M +10,369 +10.2%
57 SCHD 0.33% 290,490 $8M $26.50 $860K +45,922 +18.8%
58 GHMS 0.33% 290,241 $8M $26.16 -$953K -39,461 -12.0%
59 VGT 0.32% 11,336 $8M $663.33 -$1M -5,056 -30.8%
60 VGSH 0.32% 124,957 $7M $58.78 $732K +12,283 +10.9%
61 V 0.31% 20,212 $7M $355.05 $328K +672 +3.4%
62 IVW 0.28% 59,691 $7M $110.10 $940K -978 -1.6%
63 ORCL 0.28% 29,320 $6M $218.64 $2M -1,853 -5.9%
64 XOM 0.27% 58,898 $6M $107.80 -$866K -1,773 -2.9%
65 SNAV 0.27% 194,291 $6M $32.29 $152K -11,065 -5.4%
66 ABBV 0.26% 33,030 $6M $185.63 -$1M -1,595 -4.6%
67 PDEC 0.26% 148,919 $6M $40.01 $343K -343 -0.2%
68 IEFA 0.25% 69,591 $6M $83.48 $2M +21,124 +43.6%
69 USFR 0.24% 110,839 $6M $50.31 -$257K -5,055 -4.4%
70 VCSH 0.24% 69,399 $6M $79.50 $676K +8,077 +13.2%
71 MBB 0.24% 58,332 $5M $93.89 $963K +10,202 +21.2%
72 VONG 0.23% 49,698 $5M $109.20 $2M +16,031 +47.6%
73 PH 0.23% 7,709 $5M $698.47 $656K -70 -0.9%
74 AGG 0.23% 54,243 $5M $99.20 $811K +7,996 +17.3%
75 JEPQ 0.23% 98,599 $5M $54.40 $1M +15,023 +18.0%
76 CTA 0.23% 199,895 $5M $26.74 -$322K +8,434 +4.4%
77 MCD 0.23% 18,170 $5M $292.19 $959K +4,245 +30.5%
78 WMT 0.23% 54,011 $5M $97.78 $1M +9,498 +21.3%
79 KWY 0.22% 385,058 $5M $13.54 $2M -23,797 -5.8%
80 WM 0.22% 22,770 $5M $228.83 $204K +1,147 +5.3%
81 AEE 0.22% 53,471 $5M $96.04 -$194K +386 +0.7%
82 IBTF 0.22% 218,700 $5M $23.36 $4M +167,929 +330.8%
83 VTV 0.22% 28,331 $5M $176.74 $315K +1,161 +4.3%
84 SPYV 0.22% 95,318 $5M $52.34 $2M +40,219 +73.0%
85 EFA 0.21% 55,708 $5M $89.39 $1M +7,455 +15.4%
86 HD 0.21% 13,554 $5M $366.68 -$700K -1,916 -12.4%
87 PSLV 0.21% 405,653 $5M $12.24 $404K +12,465 +3.2%
88 CRWD 0.21% 9,723 $5M $509.31 $2M +1,891 +24.1%
89 QQQM 0.21% 21,506 $5M $227.11 $1M +2,000 +10.2%
90 PG 0.21% 30,223 $5M $159.33 $713K +6,153 +25.6%
91 PPA 0.21% 33,917 $5M $141.70 -$411K -10,842 -24.2%
92 GS 0.20% 6,661 $5M $707.81 $2M +1,035 +18.4%
93 MA 0.20% 8,377 $5M $562.00 $74K -77 -0.9%
94 WWJD 0.20% 133,079 $5M $34.27 $4M +112,951 +561.2%
95 CEF 0.19% 147,821 $4M $30.10 $2M +45,766 +44.8%
96 LLY 0.19% 5,671 $4M $779.69 $552K +986 +21.1%
97 VBR 0.19% 22,127 $4M $195.01 $2M +9,558 +76.0%
98 VEU 0.18% 63,092 $4M $67.22 $3M +38,744 +159.1%
99 HEQT 0.18% 139,806 $4M $30.05 +139,806 NEW
100 CSCO 0.18% 60,090 $4M $69.38 $665K +3,311 +5.8%

New Positions

SymbolValue% Port
DGRW $24M 1.02%
SPHY $20M 0.86%
SHYG $14M 0.62%
VCLT $11M 0.48%
IJT $9M 0.41%
HEQT $4M 0.18%
CLSE $4M 0.16%
NEM $2M 0.10%
USHY $2M 0.09%
PALL $2M 0.09%
VXUS $2M 0.09%
XCEM $2M 0.07%
SNOW $1M 0.06%
IGF $1M 0.05%
IBMO $1M 0.05%

Sold Out Positions

SymbolValue% Port
BDX —%
UAA —%
SHV —%
CMG —%
TRGP —%
HUBS —%
VOYA —%
CHWY —%
BAX —%
OTIS —%
HAL —%
AJG —%
GRMN —%
J —%
RVT —%
View SEC EDGAR Filings for Belpointe Asset Management LLC →

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