Belpointe Asset Management LLC

CIK

1721242

Location

RENO, NV

Portfolio Value

Mid $1,183,913,728

Diversification

Diversified

Filing Date

Global Rank

#1,602 / 8,603 ▼ 39 · as of Mar 2026

Top Industry

Semiconductors 11.0%

3Y Alpha vs SPY

-5.0%

Period ended 3 months ago

Filed Apr 28, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+54.4%

SPY

+76.0%

Annualised alpha

-5.1%

Max drawdown

−18.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

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

Top Position

8.9%

−1.0 pts

Top 5

30.1%

−6.0 pts

Top 10

40.6%

−7.3 pts

HHI

246

Diversified−83

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	25.6%	$302,846,890	81
Unclassified	20.0%	$236,673,494	24
Financial Services	11.3%	$133,881,176	109
Consumer Cyclical	8.0%	$94,422,982	43
Industrials	7.4%	$87,511,643	57
Communication Services	6.5%	$76,381,737	20
Healthcare	6.2%	$73,189,065	50
Consumer Defensive	4.4%	$51,533,960	27
Energy	3.4%	$39,712,536	38
Utilities	2.9%	$33,788,633	27
Basic Materials	2.4%	$28,151,537	31
Real Estate	2.2%	$25,820,075	24

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
EPD	Enterprise Products Partners L.P.	+50,066	99,329	$3,758,609
BXSL	Blackstone Secured Lending Fund	+40,050	52,191	$1,236,404
CCIF	Carlyle Credit Income Fund	+39,153	55,053	$176,720
SLV	iShares Silver Trust	+37,181	59,156	$4,030,889
ATYR	aTYR PHARMA INC	+35,300	45,738	$35,675
AMZN	Amazon Com Inc	+35,097	176,274	$36,712,585
CPZ	Calamos Long/Short Equity & Dynamic Income Trust	+30,991	41,873	$568,216
IBIT	iShares Bitcoin Trust ETF	+30,959	67,814	$2,605,413
PYPL	PayPal Holdings, Inc.	+26,110	42,500	$1,922,275
MRNA	Moderna, Inc.	+25,827	34,042	$1,729,333
NEE	Nextera Energy Inc	+24,593	80,359	$7,463,743
PG	PROCTER & GAMBLE Co	+22,693	48,583	$7,017,328
FCX	Freeport-Mcmoran Inc	+21,882	55,638	$3,270,401
BSX	Boston Scientific Corp	+20,685	25,588	$1,605,647
KBDC	Kayne Anderson BDC, Inc.	+19,988	38,168	$523,664
CRDO	Credo Technology Group Holding Ltd	+19,916	26,729	$2,509,051
HOOD	Robinhood Markets, Inc.	+16,516	30,227	$2,094,731
PFE	Pfizer Inc	+15,913	146,227	$4,106,054
CNC	Centene Corp	+14,662	36,569	$1,197,269
DVN	Devon Energy Corp/De	+14,564	34,218	$1,721,849
BX	Blackstone Inc.	+14,529	21,317	$2,451,241
GOOGL	Alphabet Inc.	+14,082	80,147	$23,047,071
SPRY	ARS Pharmaceuticals, Inc.	+12,977	38,445	$308,713
NFLX	Netflix Inc	+12,959	120,842	$11,618,958
MRK	Merck & Co., Inc.	+12,661	26,668	$3,207,893
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NOW	ServiceNow, Inc.	−835,790	7,212	$754,014
PSQH	PSQ Holdings, Inc.	−564,925	20,000	$10,600
PSLV	Sprott Physical Silver Trust	−124,894	196,880	$4,801,903
XFLT	XAI Floating Rate & Alternative Income Trust	−98,079	28,958	$497,498
NU	Nu Holdings Ltd.	−45,568	60,799	$873,681
SOFI	SoFi Technologies, Inc.	−39,021	23,390	$371,433
INV	Innventure, Inc.	−37,339	422,213	$1,650,852
BKR	Baker Hughes Co	−23,835	8,640	$527,472
PR	Permian Resources Corp	−16,236	22,218	$473,687
BAC	Bank Of America Corp /De/	−16,057	54,299	$2,647,076
MO	Altria Group, Inc.	−14,245	39,514	$2,607,528
EXLS	ExlService Holdings, Inc.	−12,740	15,782	$480,561
ARCC	Ares Capital Corp	−12,456	25,444	$458,500
VZ	Verizon Communications Inc	−12,093	97,059	$4,872,361
SHOP	Shopify Inc.	−11,811	2,133	$253,016
WY	Weyerhaeuser Co	−11,604	12,855	$314,047
MNST	Monster Beverage Corp	−11,245	10,661	$772,496
DOCN	DigitalOcean Holdings, Inc.	−11,235	23,292	$1,997,987
SPY	Spdr S&P 500 ETF Trust	−10,755	162,559	$105,718,620
KO	Coca Cola Co	−10,408	32,589	$2,478,393
PDO	PIMCO Dynamic Income Opportunities Fund	−10,370	107,372	$1,388,319
PHYS	Sprott Physical Gold Trust	−10,257	109,148	$3,868,205
FTNT	Fortinet, Inc.	−9,360	2,847	$232,656
NEM	NEWMONT Corp /DE/	−9,079	23,663	$2,561,519
RIO	Rio Tinto PLC	−8,764	10,178	$949,505
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
BAR	GraniteShares Gold Trust	70,657	$3,259,407
ADM	Archer-Daniels-Midland Co	38,284	$2,782,863
SIVR	abrdn Silver ETF Trust	28,285	$2,025,488
BIDU	Baidu, Inc.	16,485	$1,836,758
GRMN	Garmin Ltd	7,213	$1,673,488
GXO	GXO Logistics, Inc.	31,306	$1,623,216
TXT	Textron Inc	17,295	$1,514,350
ULTA	Ulta Beauty, Inc.	2,770	$1,447,906
LINE	Lineage, Inc.	43,298	$1,418,442
TMUS	T-Mobile US, Inc.	6,274	$1,317,728
LNG	Cheniere Energy, Inc.	4,397	$1,247,692
MSI	Motorola Solutions, Inc.	2,809	$1,219,021
SPOT	Spotify Technology S.A.	2,496	$1,210,335
SHW	Sherwin Williams Co	3,705	$1,187,637
AJG	Arthur J. Gallagher & Co.	5,386	$1,166,499
AEM	Agnico Eagle Mines Ltd	5,650	$1,146,837
DLR	Digital Realty Trust, Inc.	6,333	$1,141,269
CRCL	Circle Internet Group, Inc.	11,205	$1,069,069
PRIM	Primoris Services Corp	7,288	$1,042,475
CIEN	Ciena Corp	2,547	$988,821
CFR	Cullen/Frost Bankers, Inc.	6,914	$947,771
AVAV	AeroVironment Inc	5,125	$938,131
ACGL	Arch Capital Group Ltd.	9,693	$930,431
MPWR	Monolithic Power Systems Inc	820	$896,547
LEU	Centrus Energy Corp	5,150	$893,988
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AFRM	Affirm Holdings, Inc.	29,693	$2,210,049
EXAS	EXACT SCIENCES CORP	18,905	$1,919,991
SNOW	Snowflake Inc.	6,425	$1,409,388
NBIX	Neurocrine Biosciences Inc	9,485	$1,345,257
ILMN	Illumina, Inc.	9,592	$1,258,086
U	Unity Software Inc.	28,272	$1,248,774
NVO	Novo Nordisk A S	21,951	$1,116,866
NVS	Novartis AG	8,064	$1,111,783
CHYM	Chime Financial, Inc.	43,754	$1,101,288
NDAQ	Nasdaq, Inc.	11,050	$1,073,286
BPOP	Popular, Inc.	8,267	$1,029,406
LVS	Las Vegas Sands Corp	15,449	$1,005,575
ADBE	Adobe Inc.	2,664	$932,373
VALE	Vale S.A.	69,513	$905,754
RKT	Rocket Companies, Inc.	46,184	$894,122
EW	Edwards Lifesciences Corp	10,468	$892,397
ACMR	ACM Research, Inc.	22,396	$883,522
EXE	EXPAND ENERGY Corp	7,818	$862,794
AME	Ametek Inc/	4,151	$852,241
A	Agilent Technologies, Inc.	6,007	$817,372
OTTR	Otter Tail Corp	9,748	$787,735
ENSG	Ensign Group, Inc	4,486	$781,461
LUMN	Lumen Technologies, Inc.	98,966	$768,965
UNM	Unum Group	9,630	$746,325
BDX	Becton Dickinson & Co	4,871	$743,172
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

531 positions · $1,183,913,728 total · as of Mar 31, 2026

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

Showing 1–50 of 531 positions by value · page 1 of 11

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	162,559	-10,755	$105,718,620	−10.5%	8.93%
QQQ	Invesco Qqq Trust, Series 1	Added	144,664	+7,989	$83,497,167	−0.6%	7.05%
AAPL	Apple Inc. Technology	Added	258,568	+6,864	$65,621,972	−4.1%	5.54%
NVDA	Nvidia Corp Technology	Reduced	371,643	-5,311	$64,814,539	−7.8%	5.47%
AMZN	Amazon Com Inc Consumer Cyclical	Added	176,274	+35,097	$36,712,585	+12.7%	3.10%
MSFT	Microsoft Corp Technology	Added	97,568	+12,198	$36,116,746	−12.5%	3.05%
BMI	Badger Meter Inc Technology	Held	178,960	0	$27,264,556	−12.6%	2.30%
GOOGL	Alphabet Inc. Communication Services	Added	80,147	+14,082	$23,047,071	+11.5%	1.95%
META	Meta Platforms, Inc. Communication Services	Reduced	34,858	-2,487	$19,943,307	−19.1%	1.68%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	48,741	-3,561	$18,119,466	−23.0%	1.53%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	35,455	+1,521	$16,990,036	−0.4%	1.44%
GLD	Spdr Gold Trust	Reduced	38,646	-2,789	$16,628,987	+1.3%	1.40%
JPM	Jpmorgan Chase & Co Financial Services	Added	44,319	+3,064	$13,036,877	−1.9%	1.10%
GE	General Electric Co Industrials	Reduced	45,100	-3	$12,798,027	−7.9%	1.08%
OZ	Belpointe PREP, LLC Real Estate	Added	226,458	+7,241	$12,047,565	−15.5%	1.02%
NFLX	Netflix Inc Communication Services	Added	120,842	+12,959	$11,618,958	+14.9%	0.98%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	11,607	+3,155	$11,565,563	+58.7%	0.98%
PLTR	Palantir Technologies Inc. Technology	Reduced	67,902	-8,430	$9,932,704	−26.8%	0.84%
ABBV	AbbVie Inc. Healthcare	Added	43,375	+7,840	$9,433,628	+16.2%	0.80%
V	Visa Inc. Financial Services	Added	27,737	+6,046	$8,383,230	+10.2%	0.71%
NEE	Nextera Energy Inc Utilities	Added	80,359	+24,593	$7,463,743	+66.7%	0.63%
BMY	Bristol Myers Squibb Co Healthcare	Added	122,768	+3,132	$7,445,879	+15.4%	0.63%
CVX	Chevron Corp Energy	Added	35,905	+6,578	$7,428,744	+66.2%	0.63%
AVGO	Broadcom Inc. Technology	Reduced	23,899	-3,544	$7,396,979	−22.1%	0.62%
PH	Parker-Hannifin Corp Industrials	Added	8,249	+564	$7,384,834	+9.3%	0.62%
WM	Waste Management Inc Industrials	Added	31,112	+7,280	$7,149,226	+36.5%	0.60%
GLTR	abrdn Precious Metals Basket ETF Trust	Reduced	32,274	-7,701	$7,058,969	−14.1%	0.60%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	48,583	+22,693	$7,017,328	+89.1%	0.59%
WMT	Walmart Inc. Consumer Defensive	Reduced	53,815	-2,722	$6,688,128	+6.2%	0.56%
MU	Micron Technology Inc Technology	Added	19,284	+405	$6,514,906	+20.9%	0.55%
AEE	Ameren Corp Utilities	Added	54,941	+741	$6,039,114	+11.6%	0.51%
MCD	Mcdonalds Corp Consumer Cyclical	Added	19,070	+1,493	$5,926,765	+10.3%	0.50%
LLY	ELI LILLY & Co Healthcare	Reduced	6,320	-2,757	$5,812,946	−40.4%	0.49%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	17,033	+3,322	$5,756,302	+38.2%	0.49%
VZ	Verizon Communications Inc Communication Services	Reduced	97,059	-12,093	$4,872,361	+9.6%	0.41%
PSLV	Sprott Physical Silver Trust Financial Services	Reduced	196,880	-124,894	$4,801,903	−36.9%	0.41%
WEC	Wec Energy Group, Inc. Utilities	Added	40,609	+3,595	$4,701,303	+20.4%	0.40%
UNP	Union Pacific Corp Industrials	Added	17,495	+8,931	$4,244,636	+114.3%	0.36%
HD	Home Depot, Inc. Consumer Cyclical	Added	12,862	+198	$4,230,183	−2.9%	0.36%
ETN	Eaton Corp plc Industrials	Added	11,693	+8,485	$4,182,235	+309.3%	0.35%
PFE	Pfizer Inc Healthcare	Added	146,227	+15,913	$4,106,054	+26.5%	0.35%
SLV	iShares Silver Trust	Added	59,156	+37,181	$4,030,889	+184.7%	0.34%
GS	Goldman Sachs Group Inc Financial Services	Reduced	4,669	-2,025	$3,949,927	−32.9%	0.33%
APD	Air Products & Chemicals, Inc. Basic Materials	Added	13,556	+4,974	$3,937,882	+85.8%	0.33%
LMT	Lockheed Martin Corp Industrials	Reduced	6,501	-484	$3,929,139	+16.3%	0.33%
JNJ	Johnson & Johnson Healthcare	Added	16,029	+1,033	$3,918,128	+26.3%	0.33%
T	At&T Inc. Communication Services	Reduced	134,613	-4,444	$3,902,430	+13.0%	0.33%
PHYS	Sprott Physical Gold Trust Financial Services	Reduced	109,148	-10,257	$3,868,205	−1.9%	0.33%
URI	United Rentals, Inc. Industrials	Added	5,269	+4,542	$3,838,782	+552.4%	0.32%
KWY	KINGSWAY Corp Financial Services	Added	360,511	+4,100	$3,760,129	−21.6%	0.32%