Belvedere Trading LLC

View all activity View 13F on SEC

Data as of Q4 2025

Institutional investor tracked via SEC 13F filings. Portfolio snapshot as of 2025-12-31.SEC EDGAR Source

Assets Under Management

$540.2M

Total Positions

257

New This Quarter

147

Filing Period

2025-12-31

Portfolio Allocation

Top holdings by portfolio weight

QQQ0.06%

AMD0.05%

SMCI0.04%

IBIT0.04%

AVGO0.03%

NVDA0.03%

MSTR0.03%

GLD0.02%

PLTR0.02%

SLVR0.02%

Other0.13%

Position Outcomes

Best and worst performing positions by estimated return

Top Winners

HUT5Q held

HUT 8 CORP

Avg $13.03 · $866,169 est. P&L

Est. P&L

+255.05%

SMST3Q held

TIDAL TRUST II

Avg $28.33 · $160,820 est. P&L

Est. P&L

+212.97%

MULL2Q held

GRANITESHARES ETF TR

Avg $34.63 · $368,018 est. P&L

Est. P&L

+172.83%

Top Losers

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View plans

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

Top Holdings(Showing 25 of 257 — sorted by value)

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Activity:

Stock	Shares	Value	Weight	Price Trend	Avg Buy	Est. P&L	Held	Conviction
QQQ INVESCO QQQ TR	85,555	$52.6M	0.1%	—	$562.20	+10.18%	3 qtrs	Decreased 0
AMD Advanced Micro Devices Inc	214,307	$45.9M	0.0%	—	$122.44	+75.87%	5 qtrs	Decreased 0
SMCI Super Micro Computer Inc	1.3M	$36.7M	0.0%	—	$36.17	-18.02%	3 qtrs	Increased 47
IBIT ISHARES BITCOIN TRUST ETF S	685,732	$34M	0.0%	—	$61.91	-19.51%	5 qtrs	Decreased 0
AVGO Broadcom Inc	88,526	$30.6M	0.0%	—	$257.03	+36.11%	4 qtrs	Decreased 0
NVDA NVIDIA Corp	152,656	$28.5M	0.0%	—	$118.06	+58.85%	10 qtrs	Decreased 0
MSTR Strategy Inc	165,694	$25.2M	0.0%	—	$230.78	-32.57%	7 qtrs	Increased 45
GLD SPDR GOLD TR	58,131	$23M	0.0%	—	$398.89	0.00%	1 qtr	New 40
PLTR Palantir Technologies Inc	113,889	$20.2M	0.0%	—	$179.80	+0.58%	2 qtrs	Increased 45
SLVR SPROTT FDS TR	346,401	$19.3M	0.0%	—	$41.32	+40.28%	3 qtrs	Increased 33
SPY SPDR S&P 500 ETF TR	21,554	$14.7M	0.0%	—	$594.34	+15.59%	10 qtrs	Decreased 0
WDC Western Digital Corp	81,704	$14.1M	0.0%	—	$171.53	+2.64%	2 qtrs	Increased 45
IWM ISHARES TR	55,237	$13.6M	0.0%	—	$200.59	+23.65%	5 qtrs	Decreased 0
SLV ISHARES SILVER TR	188,770	$12.2M	0.0%	—	$68.98	0.00%	1 qtr	New 39
SIL GLOBAL X FDS G	101,618	$8.5M	0.0%	—	$82.86	+3.19%	2 qtrs	Increased 44
KWEB KRANESHARES TRUST	234,679	$8M	0.0%	—	$34.39	0.00%	1 qtr	New 38
YINN DIREXION SHS ETF TR D	163,625	$7M	0.0%	—	$43.90	0.00%	1 qtr	New 38
CWEB DIREXION SHS ETF TR	170,106	$6.8M	0.0%	—	$39.55	+3.42%	5 qtrs	Increased 44
SNDK Sandisk Corp/DE	27,154	$6.4M	0.0%	—	$240.22	0.00%	1 qtr	New 38
BABA ALIBABA GROUP HLDG LTD	41,991	$6.2M	0.0%	—	$154.96	-4.90%	2 qtrs	Increased 44
AVL DIREXION SHS ETF TR D	132,423	$5.8M	0.0%	—	$44.69	+0.77%	3 qtrs	Increased 44
AMZN Amazon.com Inc	22,479	$5.2M	0.0%	—	$192.29	+20.93%	9 qtrs	Decreased 0
SLVP ISHARES INC	128,247	$4.4M	0.0%	—	$34.73	+0.40%	2 qtrs	Increased 43
NLR VANECK ETF TRUST	33,795	$4.2M	0.0%	—	$120.06	+3.17%	7 qtrs	Increased 43
IAU ISHARES GOLD TR	47,996	$3.9M	0.0%	—	$72.76	+12.29%	2 qtrs	Increased 29
Showing 25 of 257 results.PROUpgrade to see all →

Accumulation Streaks

Positions with 2+ consecutive quarters of increases — persistent directional conviction.

Security

CWEBDIREXION SHS ETF TR

Q2 2025 → Q4 2025+138,128 shares+$5.4M

YBTCROUNDHILL ETF TRUST

Q2 2025 → Q4 2025+11,812 shares+$324,451

NVDLGRANITESHARES ETF TR

Q3 2025 → Q4 2025+9,927 shares+$873,675

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer