Institutions
Belvedere Trading LLC

Belvedere Trading LLC

CIK

1632341

Location

CHICAGO, IL

Portfolio Value

Micro $1,602,809

Diversification

Highly concentrated

Filing Date

Global Rank

#112 / 8,533 ▼ 10

Top Industry

Semiconductors 42.7%

Period ended 2 months ago

Filed May 12, 2026 · 18d

25 quarters · since Mar 2020

Portfolio Concentration

106 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

54.3%

+12.1 pts

Top 5

89.3%

+4.0 pts

Top 10

96.6%

+1.4 pts

HHI

3,327

Highly concentrated +1,004

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	68.8%	$43,224,768,783	21
Technology	16.7%	$10,498,224,940	30
Consumer Cyclical	12.0%	$7,518,485,168	11
Communication Services	2.1%	$1,304,660,080	6
Utilities	0.3%	$194,539,417	1
Financial Services	0.1%	$39,128,923	17
Industrials	0.0%	$2,912,121	6
Basic Materials	0.0%	$2,807,068	3
Healthcare	0.0%	$1,602,809	6
Energy	0.0%	$605,232	3
Real Estate	0.0%	$260,967	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

21 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	+6,299,150	52,413,304	$34,086,468,123
SLV	iShares Silver Trust	+2,753,218	6,299,088	$429,219,856
IBIT	iShares Bitcoin Trust ETF	+1,721,642	8,405,874	$322,953,679
ES	Eversource Energy	+534,650	2,808,017	$194,539,417
ETHA	iShares Ethereum Trust ETF	+155,157	176,022	$2,786,428
IONQ	IonQ, Inc.	+92,100	106,600	$3,073,278
SIVR	abrdn Silver ETF Trust	+64,157	118,049	$8,453,488
BMNR	Bitmine Immersion Technologies, Inc.	+37,009	85,000	$1,681,300
SNDK	Sandisk Corp	+12,781	58,235	$36,999,024
NNE	Nano Nuclear Energy Inc.	+9,494	36,558	$748,707
BNT	Brookfield Wealth Solutions Ltd.	+7,266	27,146	$1,123,844
AAAU	Goldman Sachs Physical Gold ETF	+5,477	10,680	$493,309
MU	Micron Technology Inc	+5,121	8,400	$2,837,856
AMLX	Amylyx Pharmaceuticals, Inc.	+3,200	17,600	$244,640
HON	Honeywell International Inc	+2,646	4,146	$937,120
GRRR	Gorilla Technology Group Inc.	+1,500	19,000	$200,070
CIB	Grupo Cibest S.A.	+800	5,300	$385,893
MQ	Marqeta, Inc.	+716	1,836	$7,490
OUNZ	VanEck Merk Gold ETF	+500	9,500	$427,975
EA	Electronic Arts Inc.	+292	2,038	$415,487
ITUB	Itau Unibanco Holding S.A.	+266	140,100	$1,174,038
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−12,788,637	39,011,919	$6,803,678,673
TSLA	Tesla, Inc.	−5,481,600	18,185,000	$6,760,273,750
AMD	Advanced Micro Devices Inc	−2,111,149	3,740,058	$760,839,998
SMCI	Super Micro Computer, Inc.	−1,628,096	6,243,100	$142,155,387
AAPL	Apple Inc.	−1,603,000	4,069,300	$1,032,747,647
AMZN	Amazon Com Inc	−1,176,608	3,587,971	$747,266,720
META	Meta Platforms, Inc.	−1,164,750	2,271,150	$1,299,393,049
QQQ	Invesco Qqq Trust, Series 1	−1,097,555	12,346,500	$7,126,152,870
MSTR	Strategy Inc	−812,021	3,275,073	$408,729,110
AVGO	Broadcom Inc.	−628,726	2,525,300	$781,605,603
PLTR	Palantir Technologies Inc.	−193,073	3,506,416	$512,918,532
WDC	Western Digital Corp	−190,463	6,041	$1,634,030
MARA	MARA Holdings, Inc.	−152,655	36,500	$297,840
GME	GameStop Corp.	−137,500	96,400	$2,221,056
TLRY	Tilray Brands, Inc.	−105,326	35,132	$227,304
LCID	Lucid Group, Inc.	−101,800	54,900	$523,197
BABA	Alibaba Group Holding Ltd	−101,491	19,400	$2,433,924
PPLT	abrdn Platinum ETF Trust	−98,200	15,500	$2,762,565
OPEN	Opendoor Technologies Inc.	−94,600	40,000	$187,200
FCEL	Fuelcell Energy Inc	−84,185	26,288	$171,660
PSNY	Polestar Automotive Holding UK PLC	−64,600	17,700	$326,034
SBET	Sharplink, Inc.	−50,894	53,689	$346,294
NVO	Novo Nordisk A S	−45,640	9,326	$342,730
IAU	Ishares Gold Trust	−44,034	6,862	$604,953
DFDV	DeFi Development Corp.	−36,900	72,800	$239,512
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
PONY	Pony AI Inc.	240,048	$2,266,053
WBS	Webster Financial Corp	29,046	$2,016,373
INTC	Intel Corp	35,000	$1,544,550
BNO	United States Brent Oil Fund, LP	27,624	$1,436,724
RGLD	Royal Gold Inc	4,593	$1,168,872
USCI	United States Commodity Index Funds Trust	11,800	$1,124,776
ASML	Asml Holding NV	717	$947,035
UGA	United States Gasoline Fund, LP	8,544	$882,936
LITE	Lumentum Holdings Inc.	1,248	$877,044
FRME	First Merchants Corp	20,800	$805,584
ARCC	Ares Capital Corp	35,298	$636,069
HCC	Warrior Met Coal, Inc.	6,800	$633,420
USO	United States Oil Fund, LP	4,734	$602,401
ASST	Strive, Inc.	58,537	$586,540
DBO	Invesco DB Oil Fund	23,500	$462,245
AXTI	Axt Inc	7,100	$404,558
OSCR	Oscar Health, Inc.	27,596	$316,526
PL	Planet Labs PBC	10,077	$281,652
TSM	Taiwan Semiconductor Manufacturing Co Ltd	735	$248,393
Q	Qnity Electronics, Inc.	2,052	$236,759
TPH	Tri Pointe Homes, Inc.	4,900	$228,977
DBB	Invesco Db Base Metals Fund	9,012	$211,782
PRTH	Priority Technology Holdings, Inc.	31,137	$146,966
STGW	Stagwell Inc	17,484	$109,974
NRT	North European Oil Royalty Trust	10,100	$90,900
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
SO	Southern Co	41,440,117	$3,613,578,202
AGQ	ProShares Trust II	57,925	$8,985,326
NVS	Novartis AG	63,416	$8,743,163
HUT	Hut 8 Corp.	161,254	$7,408,008
GSAT	Globalstar, Inc.	120,600	$7,361,424
EXE	EXPAND ENERGY Corp	48,500	$5,352,460
UBER	Uber Technologies, Inc	50,000	$4,085,500
GE	General Electric Co	12,079	$3,720,694
GOOGL	Alphabet Inc.	10,800	$3,380,400
UL	Unilever PLC	39,300	$2,570,220
DHR	Danaher Corp /De/	10,600	$2,426,552
MMM	3M Co	14,037	$2,247,323
BIDU	Baidu, Inc.	16,700	$2,182,022
GEV	GE Vernova Inc.	3,019	$1,973,127
FLG	Flagstar Bank, National Association	145,500	$1,831,845
CSGP	Costar Group, Inc.	26,800	$1,802,032
UNH	Unitedhealth Group Inc	5,400	$1,782,594
OKLO	Oklo Inc.	22,545	$1,617,829
QBTS	D-Wave Quantum Inc.	52,727	$1,378,811
CRWD	CrowdStrike Holdings, Inc.	2,800	$1,312,528
WPC	W. P. Carey Inc.	20,272	$1,304,705
INBX	Inhibrx Biosciences, Inc.	15,102	$1,193,058
GIL	Gildan Activewear Inc.	18,851	$1,177,433
VRT	Vertiv Holdings Co	7,254	$1,175,220
STEM	Stem, Inc.	76,400	$1,149,820
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

6 positions · $1,602,809 total · Healthcare only · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
TEM	Tempus AI, Inc. Healthcare	Reduced	10,400	-23,785	$470,288	−76.7%	29.34%
NVO	Novo Nordisk A S Healthcare	Reduced	9,326	-45,640	$342,730	−87.7%	21.38%
OSCR	Oscar Health, Inc. Healthcare	NEW	27,596	NEW	$316,526	NEW	19.75%
AMLX	Amylyx Pharmaceuticals, Inc. Healthcare	Added	17,600	+3,200	$244,640	+40.6%	15.26%
TLRY	Tilray Brands, Inc. Healthcare	Reduced	35,132	-105,326	$227,304	−82.1%	14.18%
QNCX	Quince Therapeutics, Inc. Healthcare	NEW	13,080	NEW	$1,321	NEW	0.08%