Belvedere Trading LLC
CIK: 0001632341Latest portfolio: $93.1B · Q4 2025
Holdings
384
Total Value
$93.1B
New Positions
382
Closed Positions
0
Top Holdings
View All 384 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPYSPDR S&P 500 ETF TR TR | 46,114,154 | $31.4B | 33.77% | NEW | Put |
| 2 | ESEVERSOURCE ENERGY | 2,273,367 | $15.8B | 16.99% | NEW | Put |
| 3 | TSLATESLA INC | 23,666,600 | $10.6B | 11.43% | NEW | Put |
| 4 | NVDANVIDIA CORPORATION | 51,800,556 | $9.7B | 10.37% | NEW | Put |
| 5 | NDQINVESCO QQQ TR UNIT | 13,444,055 | $8.3B | 8.87% | NEW | Put |
| 6 | SOSOUTHERN CO | 41,440,117 | $2.9B | 3.15% | NEW | Put |
| 7 | METAMETA PLATFORMS INC | 3,435,900 | $2.3B | 2.43% | NEW | Put |
| 8 | IWMISHARES | 6,973,437 | $1.7B | 1.84% | NEW | Put |
| 9 | AAPLAPPLE INC | 5,672,300 | $1.5B | 1.65% | NEW | Put |
| 10 | SMHVANECK | 4,010,900 | $1.4B | 1.55% | NEW | Put |
| 11 | AMDADVANCED MICRO DEVICES INC | 5,851,207 | $1.3B | 1.34% | NEW | Put |
| 12 | GQ9SPDR GOLD TR GOLD | 2,907,031 | $1.2B | 1.24% | NEW | Put |
| 13 | AMZNAMAZON COM INC | 4,764,579 | $1.1B | 1.18% | NEW | Put |
| 14 | AVGOBROADCOM INC | 3,154,026 | $1.1B | 1.17% | NEW | Put |
| 15 | PLTRPALANTIR TECHNOLOGIES INC | 3,699,489 | $656.0M | 0.70% | NEW | Put |
| 16 | MIGASTRATEGY INC CL | 4,087,094 | $620.0M | 0.67% | NEW | Put |
| 17 | IBITISHARES BITCOIN TRUST ETF SHS | 6,684,232 | $331.0M | 0.36% | NEW | Put |
| 18 | SMCISUPER MICRO COMPUTER INC | 7,871,196 | $228.0M | 0.24% | NEW | Put |
| 19 | SLVISHARES SILVER TR | 3,545,870 | $227.0M | 0.24% | NEW | Put |
| 20 | RTORENTOKIL INITIAL | 23,300 | $57.0M | 0.06% | NEW | Put |
| 21 | WDCWESTERN DIGITAL CORP | 196,504 | $36.0M | 0.04% | NEW | Put |
| 22 | MQMARQETA INC CLASS A | 1,120 | $27.0M | 0.03% | NEW | Put |
| 23 | PPLTABRDN PLATINUM ETF TRUST PHYSCL PLATM | 113,700 | $20.0M | 0.02% | NEW | Put |
| 24 | SLVRSPROTT FDS | 364,101 | $19.0M | 0.02% | NEW | Put |
| 25 | CWEBDIREXION SHS ETF TR DAILY CSI | 430,206 | $16.0M | 0.02% | NEW | Put |
Quarterly Changes
Sector Breakdown
Financial ServicesNaN% ($InfinityT)
Technology0.0% ($9.659000154100011e+122T)
Unknown0.0% ($8.257000115100063e+92T)
Consumer Cyclical0.0% ($1.0642000109800015e+33T)
Healthcare0.0% ($2.0002000100009997e+23T)
Utilities0.0% ($15825000293600010.0T)
Industrials0.0% ($5700030002000099.0T)
Communication Services0.0% ($22670003.0T)
Basic Materials0.0% ($1.0T)
Consumer Defensive0.0% ($2.0B)
Energy0.0% ($0)
Real Estate0.0% ($0)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 10, 2026 | $93.1B | 857 |
| Q3 2025 | Oct 27, 2025 | $86.9T | 0 |
| Q2 2025 | Aug 1, 2025 | $85.5T | 807 |
| Q1 2025 | May 9, 2025 | $88.7T | 681 |
| Q4 2024 | Jan 31, 2025 | $82843.3T | 831 |
| Q3 2024 | Oct 30, 2024 | $74576.3T | 712 |
| Q2 2024 | Aug 9, 2024 | $80584.7T | 700 |
| Q1 2024 | May 9, 2024 | $77263.9T | 664 |
| Q4 2023 | Feb 13, 2024 | $60311.4T | 789 |
| Q3 2023 | Oct 27, 2023 | $65542.4T | 619 |
| Q2 2023 | Aug 8, 2023 | $55460.5T | 838 |
| Q1 2023 | May 15, 2023 | $41288.3T | 874 |
| Q4 2022 | Feb 15, 2023 | $37028.1T | 1,123 |
| Q3 2022 | Oct 26, 2022 | $3.0T | 259 |
| Q2 2022 | Jul 21, 2022 | $3.1T | 353 |
| Q1 2022 | Apr 20, 2022 | $3.7T | 444 |
| Q4 2021 | Jan 25, 2022 | $2.2T | 434 |
| Q3 2021 | Oct 19, 2021 | $3.8T | 475 |
| Q2 2021 | Jul 23, 2021 | $1.3T | 335 |
| Q1 2021 | Apr 27, 2021 | $1.2T | 252 |
| Q4 2020 | Feb 10, 2021 | $2.6T | 189 |
| Q3 2020 | Nov 2, 2020 | $1.1T | 43 |
| Q2 2020 | Jul 8, 2020 | $3.8T | 11 |
| Q1 2020 | Apr 8, 2020 | $7.5T | 10 |
| Q4 2019 | Jan 8, 2020 | $4001.1T | 12 |
| Q3 2019 | Oct 15, 2019 | $8368.2T | 10 |
| Q2 2019 | Aug 8, 2019 | $1960.5T | 12 |
| Q1 2019 | May 23, 2019 | $349.0B | 9 |
| Q4 2018 | Feb 13, 2019 | $4.0T | 7 |
| Q1 2017 | May 25, 2017 | $223.5B | 50 |
| Q4 2016 | Feb 14, 2017 | $403.5B | 9 |
| Q3 2016 | Nov 10, 2016 | $71.6B | 7 |
| Q2 2016 | Aug 10, 2016 | $306.9B | 11 |
| Q1 2016 | May 3, 2016 | $3.2T | 14 |
| Q4 2015 | Feb 10, 2016 | $1.7T | 14 |
| Q3 2015 | Oct 22, 2015 | $481.5B | 13 |
| Q2 2015 | Aug 13, 2015 | $3.0T | 7 |
| Q1 2015 | May 14, 2015 | $563.4B | 11 |
| Q4 2014 | Feb 11, 2015 | $13.0T | 441 |
Fund Information
Belvedere Trading LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $93.1B across 384 holdings. The largest position is SPDR S&P 500 ETF TR TR (SPY), representing 33.8% of the portfolio. Compared to the previous quarter, the fund opened 384 new positions and closed 0 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.