Filed: 10/27/2025ACC: 0001062993-25-016293
📋 What this filing means
BELVEDERE TRADING LLC filed this quarterly 13F‑HR report disclosing 410 equity positions with a total reported market value of $86.85B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
410
Positions
$86.85B
Total AUM (reported)
244.95M
Total Shares
Allocation by class
TR UNIT$39.56B45.5%
COM$25.89B29.8%
UNIT SER 1$9.31B10.7%
CL A$3.49B4.0%
RUSSELL 2000 ETF$2.32B2.7%
CL A NEW$2.08B2.4%
GOLD SHS$1.28B1.5%
Portfolio Concentration
Top 3$60.38B69.5%
4–10$20.71B23.8%
11–25$5.35B6.2%
Rest$411.17M0.5%
Top 3 weight
69.5%
Top 10 weight
93.4%
Voting Authority Distribution
Total shares with voting rights: 244.95M
Sole
Full voting authority
244.95M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole410
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings410
Rows:
SPDR S&P 500 ETF TR
SOLEShares59.38M
TypeSH
Market value$39.56B
45.55%
Sole
59.38M
Shared
0.00
None
0.00
TESLA INC
SOLEShares24.11M
TypeSH
Market value$10.72B
12.34%
Sole
24.11M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares54.15M
TypeSH
Market value$10.10B
11.63%
Sole
54.15M
Shared
0.00
None
0.00
INVESCO QQQ TR
SOLEShares15.51M
TypeSH
Market value$9.31B
10.72%
Sole
15.51M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares3.85M
TypeSH
Market value$2.83B
3.25%
Sole
3.85M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares9.60M
TypeSH
Market value$2.32B
2.68%
Sole
9.60M
Shared
0.00
None
0.00
STRATEGY INC
SOLEShares6.46M
TypeSH
Market value$2.08B
2.40%
Sole
6.46M
Shared
0.00
None
0.00
APPLE INC
SOLEShares6.23M
TypeSH
Market value$1.59B
1.83%
Sole
6.23M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares3.92M
TypeSH
Market value$1.29B
1.49%
Sole
3.92M
Shared
0.00
None
0.00
SPDR GOLD TR
SOLEShares3.60M
TypeSH
Market value$1.28B
1.47%
Sole
3.60M
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares3.73M
TypeSH
Market value$1.22B
1.40%
Sole
3.73M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares5.03M
TypeSH
Market value$1.10B
1.27%
Sole
5.03M
Shared
0.00
None
0.00
ADVANCED MICRO DEVICES INC
SOLEShares6.26M
TypeSH
Market value$1.01B
1.17%
Sole
6.26M
Shared
0.00
None
0.00
ISHARES BITCOIN TRUST ETF
SOLEShares10.03M
TypeSH
Market value$652.18M
0.75%
Sole
10.03M
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
SOLEShares3.46M
TypeSH
Market value$631.13M
0.73%
Sole
3.46M
Shared
0.00
None
0.00
SUPER MICRO COMPUTER INC
SOLEShares7.31M
TypeSH
Market value$350.38M
0.40%
Sole
7.31M
Shared
0.00
None
0.00
ISHARES SILVER TR
SOLEShares5.26M
TypeSH
Market value$223.05M
0.26%
Sole
5.26M
Shared
0.00
None
0.00
COINBASE GLOBAL INC
SOLEShares136.90K
TypeSH
Market value$46.20M
0.05%
Sole
136.90K
Shared
0.00
None
0.00
DIREXION SHS ETF TR
SOLEShares115.48K
TypeSH
Market value$28.02M
0.03%
Sole
115.48K
Shared
0.00
None
0.00
VANECK ETF TRUST
SOLEShares166.30K
TypeSH
Market value$16.47M
0.02%
Sole
166.30K
Shared
0.00
None
0.00
VOLATILITY SHS TR
SOLEShares296.60K
TypeSH
Market value$16.34M
0.02%
Sole
296.60K
Shared
0.00
None
0.00
ALIBABA GROUP HLDG LTD
SOLEShares84.80K
TypeSH
Market value$15.24M
0.02%
Sole
84.80K
Shared
0.00
None
0.00
SPROTT FDS TR
SOLEShares318.89K
TypeSH
Market value$14.14M
0.02%
Sole
318.89K
Shared
0.00
None
0.00
ABRDN PLATINUM ETF TRUST
SOLEShares94.30K
TypeSH
Market value$13.47M
0.02%
Sole
94.30K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares19.72K
TypeSH
Market value$12.08M
0.01%
Sole
19.72K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SPDR S&P 500 ETF TRSOLE | TR UNIT | 59.38M | SH | $39.56B 45.55% | 59.38M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 24.11M | SH | $10.72B 12.34% | 24.11M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 54.15M | SH | $10.10B 11.63% | 54.15M | 0.00 | 0.00 |
INVESCO QQQ TRSOLE | UNIT SER 1 | 15.51M | SH | $9.31B 10.72% | 15.51M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 3.85M | SH | $2.83B 3.25% | 3.85M | 0.00 | 0.00 |
ISHARES TRSOLE | RUSSELL 2000 ETF | 9.60M | SH | $2.32B 2.68% | 9.60M | 0.00 | 0.00 |
STRATEGY INCSOLE | CL A NEW | 6.46M | SH | $2.08B 2.40% | 6.46M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 6.23M | SH | $1.59B 1.83% | 6.23M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 3.92M | SH | $1.29B 1.49% | 3.92M | 0.00 | 0.00 |
SPDR GOLD TRSOLE | GOLD SHS | 3.60M | SH | $1.28B 1.47% | 3.60M | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | SEMICONDUCTR ETF | 3.73M | SH | $1.22B 1.40% | 3.73M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 5.03M | SH | $1.10B 1.27% | 5.03M | 0.00 | 0.00 |
ADVANCED MICRO DEVICES INCSOLE | COM | 6.26M | SH | $1.01B 1.17% | 6.26M | 0.00 | 0.00 |
ISHARES BITCOIN TRUST ETFSOLE | SHS BEN INT | 10.03M | SH | $652.18M 0.75% | 10.03M | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 3.46M | SH | $631.13M 0.73% | 3.46M | 0.00 | 0.00 |
SUPER MICRO COMPUTER INCSOLE | COM NEW | 7.31M | SH | $350.38M 0.40% | 7.31M | 0.00 | 0.00 |
ISHARES SILVER TRSOLE | ISHARES | 5.26M | SH | $223.05M 0.26% | 5.26M | 0.00 | 0.00 |
COINBASE GLOBAL INCSOLE | COM CL A | 136.90K | SH | $46.20M 0.05% | 136.90K | 0.00 | 0.00 |
DIREXION SHS ETF TRSOLE | DAILY NYSE FANG | 115.48K | SH | $28.02M 0.03% | 115.48K | 0.00 | 0.00 |
VANECK ETF TRUSTSOLE | JUNIOR GOLD MINE | 166.30K | SH | $16.47M 0.02% | 166.30K | 0.00 | 0.00 |
VOLATILITY SHS TRSOLE | 2X BITCOIN STRAT | 296.60K | SH | $16.34M 0.02% | 296.60K | 0.00 | 0.00 |
ALIBABA GROUP HLDG LTDSOLE | SPONSORED ADS | 84.80K | SH | $15.24M 0.02% | 84.80K | 0.00 | 0.00 |
SPROTT FDS TRSOLE | SILVER MINERS | 318.89K | SH | $14.14M 0.02% | 318.89K | 0.00 | 0.00 |
ABRDN PLATINUM ETF TRUSTSOLE | PHYSCL PLATM SHS | 94.30K | SH | $13.47M 0.02% | 94.30K | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 19.72K | SH | $12.08M 0.01% | 19.72K | 0.00 | 0.00 |
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