Belvedere Trading LLC

Top Holdings12 positions

Checking export access…

Activity:AllNewIncreasedDecreasedExitedUnchangedFirst report

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
??SPDR S&P 500 ETF TR CALL Delisted	4.3M	$1.2B	63.7%	—	—	—	—	New —
??SPDR GOLD TR PUT Delisted	2.6M	$349.2M	17.8%	—	—	—	—	New —
??INVESCO QQQ TR PUT	411,500	$76.8M	3.9%	—	—	—	—	New —
SPY Unit SPDR S&P 500 ETF Trust	233,358	$68.4M	3.5%	—	$263.89	0.00%	1 qtr	New 85
GLD ETF SPDR GOLD TRUST GOLD SHS	503,176	$67M	3.4%	—	$133.20	0.00%	1 qtr	New 85
QQQ Unit Invesco QQQ Trust Series 1	295,828	$55.2M	2.8%	—	$179.44	0.00%	1 qtr	New 79
??ISHARES SILVER TR PUT	1.9M	$27.2M	1.4%	—	—	—	—	New —
SLV ETF iShares Silver Trust	1.8M	$25.5M	1.3%	—	$14.33	0.00%	1 qtr	New 68
IWM ETF iShares Russell 2000 ETF	145,536	$22.6M	1.2%	—	$139.48	+1.93%	2 qtrssince 2019-Q1	Decreased 0
??BARCLAYS BK PLC CALL Delisted	348,900	$9.1M	0.5%	—	—	—	—	New —
??CME GROUP INC PUT	39,800	$7.7M	0.4%	—	—	—	—	New —
??BARCLAYS BK PLC PUT Delisted	134,800	$3.5M	0.2%	—	—	—	—	New —

$2B

AUM

12

Positions

Q2 2019

Filing

HI score · 1.0/5

Quarterly 13F Value Change

FilingEquity

Not enough history yet

Activity profile

$ moved · Q2'19

New86%Increased0%Decreased0%Exited14%

Composition

Equity vs derivatives

Equity12%Puts24%Calls64%

Holding period

Avg <1 quarter

<1Q50%1-4Q50%1-2Y0%2Y+0%

Belvedere Trading LLC manages $2B across 12 positions as of Q2 2019. Top holdings: SPDR S&P 500 ETF TR calls (63.7%), SPDR GOLD TR puts (17.8%), INVESCO QQQ TR puts (3.9%). Fund DNA: Diversified Scout. HoldingsIntel Score: 1/5.0.

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

IWM2Q held

iShares Trust RUSSELL 2000 ETF

Avg $139.48 · $392,263 est. P&L

—

Est. P&L

+1.93%

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.