Belvedere Trading LLC

Top Holdings10 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 PUT	25.1M	$7.5B	89.1%	—	—	—	—	New —
??SPDR GOLD TR PUT Delisted	3.3M	$459.5M	5.5%	—	—	—	—	Increased —
??ISHARES SILVER TR PUT	8.6M	$136.9M	1.6%	—	—	—	—	Increased —
??INVESCO QQQ TR PUT	669,600	$126.4M	1.5%	—	—	—	—	Increased —
??ISHARES TR PUT Delisted	823,300	$124.6M	1.5%	—	—	—	—	New —
GLD ETF SPDR GOLD TR	128,657	$17.9M	0.2%	—	$133.20	+5.90%	2 qtrssince 2019-Q2	Decreased 0
??BARCLAYS BK PLC CALL Delisted	696,000	$16.5M	0.2%	—	—	—	—	Increased —
QQQ Unit INVESCO QQQ TR	60,661	$11.5M	0.1%	—	$179.44	+0.36%	2 qtrssince 2019-Q2	Decreased 0
??CME GROUP INC PUT	39,800	$8.4M	0.1%	—	—	—	—	Unchanged —
??BARCLAYS BK PLC PUT Delisted	351,000	$8.3M	0.1%	—	—	—	—	Increased —

$8.4B

AUM

10

Positions

Q3 2019

Filing

HI score · 1.0/5

Quarterly 13F Value Change

FilingEquity

Not enough history yet

Activity profile

$ moved · Q3'19

New81%Increased3%Decreased1%Exited15%

Composition

Equity vs derivatives

Equity0%Puts99%Calls0%

Holding period

Avg 2.2 quarters

<1Q0%1-4Q100%1-2Y0%2Y+0%

Belvedere Trading LLC manages $8.4B across 10 positions as of Q3 2019. Top holdings: SPDR S&P 500 ETF TR puts (89.1%), SPDR GOLD TR puts (5.5%), ISHARES SILVER TR puts (1.6%). Fund DNA: Diversified Scout. HoldingsIntel Score: 1/5.0.

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

GLD2Q held

SPDR GOLD TRUST GOLD SHS

Avg $133.20 · $1M est. P&L

—

Est. P&L

+5.90%

QQQ2Q held

Invesco QQQ Trust Series 1

Avg $179.44 · $38,823 est. P&L

—

Est. P&L

+0.36%

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