Belvedere Trading LLC
Institutional investor · Portfolio as of Q2 2025
Top Holdings807 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 35.4M | $21.9B | 25.6% | — | — | — | Decreased — |
STATE STREET SPDR S&P 500 ETF TRUST CL USD INC | 33M | $20.4B | 23.8% | — | — | — | Decreased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 9.4M | $5.2B | 6.1% | — | — | — | Increased — |
NVIDIA CORP | 30.2M | $4.8B | 5.6% | — | — | — | Decreased — |
INVESCO QQQ TRUST SERIES 1 CL USD INC | 7.8M | $4.3B | 5.0% | — | — | — | Decreased — |
NVIDIA CORP | 27M | $4.3B | 5.0% | — | — | — | Increased — |
TESLA INC | 12.2M | $3.9B | 4.5% | — | — | — | Increased — |
TESLA INC | 10M | $3.2B | 3.7% | — | — | — | Decreased — |
META PLATFORMS INC-CLASS A | 2.4M | $1.8B | 2.1% | — | — | — | Decreased — |
STRATEGY INC | 4.2M | $1.7B | 2.0% | — | — | — | Increased — |
ISHARES RUSSELL 2000 ETF ETF | 7M | $1.5B | 1.8% | — | — | — | Increased — |
META PLATFORMS INC-CLASS A | 1.7M | $1.3B | 1.5% | — | — | — | Decreased — |
STRATEGY INC | 2.7M | $1.1B | 1.3% | — | — | — | Increased — |
ISHARES RUSSELL 2000 ETF ETF | 5M | $1.1B | 1.3% | — | — | — | Decreased — |
SPDR GOLD TRUST | 3M | $911.3M | 1.1% | — | — | — | Decreased — |
SPDR GOLD TRUST | 2.3M | $691.5M | 0.8% | — | — | — | Decreased — |
VANECK SEMICONDUCTOR ETF | 2.4M | $663.7M | 0.8% | — | — | — | Increased — |
APPLE INC | 3M | $623.9M | 0.7% | — | — | — | Decreased — |
APPLE INC | 3M | $605.4M | 0.7% | — | — | — | Decreased — |
AMAZON.COM INC | 2.6M | $576.2M | 0.7% | — | — | — | Increased — |
Belvedere Trading LLC manages $85.5B across 807 positions as of Q2 2025. Top holdings: SPY (25.6%), SPY (23.8%), QQQ (6.1%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 1/5.0.
Active quarter - 136 new positions, 95 exits, 39 increased. No standout high-conviction moves this quarter. Portfolio: $85.5B across 807 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer