Belmont Capital, LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 12, 2025), Belmont Capital, LLC reported 167 stock positions worth $657.5 million. Its top holding was Nvidia (NVDA) at 19.5% of the portfolio, followed by Meta Platforms Class A (META, 18.1%) and Apple (AAPL, 11.3%). Compared with Q1 2025, it opened 3 new positions, sold out of 6, added to 24 and reduced 13. The biggest buy was Nvidia (NVDA, shares +16%) and the biggest sale Apple (AAPL, shares −21%).

Most Recent 13F
Q2 2025
Location
LOS ANGELES, CA
CIK
0001793367
Portfolio Value
$657.5M (Q2 2025)
SEC Filing
0001793367-25-000004 ↗ filed Aug 12, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $366.6M Q1 2024 Q2 2024: $535.9M Q2 2024 Q3 2024: $601.8M Q3 2024 Q4 2024: $614.7M Q4 2024 Q1 2025: $556.9M Q1 2025 Q2 2025: $657.5M $657.5M Q2 2025

Holdings 167 stocks · $657.5M
NVDA Nvidia Corp. 19.51% 811,909 $128.3M Add +16.3%
META Meta Platforms Inc. Class A 18.08% 161,092 $118.9M Add +0.1%
AAPL Apple Inc. 11.29% 361,936 $74.3M Reduce -21.2%
MSFT Microsoft Corp. 7.91% 104,568 $52.0M Add +2.2%
COR Cencora Inc. 4.98% 109,100 $32.7M No change
AMZN Amazon.com Inc. 4.95% 148,330 $32.5M Add +2.6%
APO Apollo Global Management Inc. 3.50% 162,322 $23.0M Add +75.3%
SPY SS SPDR S&P 500 ETF Trust-US 3.46% 36,796 $22.7M Add +2.9%
PLTR Palantir Technologies Inc. Class A 2.94% 141,780 $19.3M Add +0.7%
HD Home Depot Inc. 2.20% 39,394 $14.4M No change
TSLA Tesla Inc. 1.59% 32,877 $10.4M Add +0.9%
EFA iShares MSCI Eafe ETF 1.56% 115,023 $10.3M Reduce -3.4%
GOOGL Alphabet Inc. Class A 1.42% 52,904 $9.3M Add +5.9%
BYD Boyd Gaming Corp. 1.31% 109,883 $8.6M No change
VOO Vanguard S&P 500 ETF 0.64% 7,449 $4.2M No change
MSTR Strategy Inc. filed as MICROSTRATEGY INC 0.63% 10,304 $4.2M New
COHR Coherent Corp. 0.61% 45,300 $4.0M Reduce -35.3%
JPM JPMorgan Chase & Co. 0.52% 11,704 $3.4M No change
AVGO Broadcom Inc. 0.46% 10,859 $3.0M No change
NOV Nov Inc. 0.44% 235,081 $2.9M Reduce -36.4%
SOFI Sofi Technologies Inc. 0.39% 140,000 $2.5M No change
CAVA Cava Group Inc. 0.38% 30,000 $2.5M No change
GOOG Alphabet Inc. Class C 0.38% 14,050 $2.5M Add +17.1%
ITA iShares U.S. Aerospace & Def 0.38% 13,205 $2.5M No change
MMM 3M Co. 0.37% 16,107 $2.5M Add +114.7%
VTI VG Morningstar TS MKT ETF-US 0.37% 8,000 $2.4M Reduce -6.0%
BRK.B Berkshire Hathaway Inc. Class B 0.32% 4,385 $2.1M No change
QQQ Invesco QQQ Trust Series 1 0.29% 3,475 $1.9M Add +171.5%
KLAC KLA Corp. 0.27% 2,000 $1.8M No change
UNH Unitedhealth Group Inc. 0.27% 5,728 $1.8M Reduce -27.6%
NOW ServiceNow Inc. 0.27% 1,735 $1.8M Add +16.8%
RSG Republic Services Inc. 0.26% 7,000 $1.7M No change
VIOO Vanguard S&P Small-Cap 600 E 0.25% 16,051 $1.6M No change
IWM iShares Russell 2000 ETF 0.25% 7,500 $1.6M No change
ICE Intercontinental Exchange Inc. 0.23% 8,071 $1.5M No change
MSI Motorola Solutions Inc. 0.20% 3,094 $1.3M No change
AFRM Affirm Holdings Inc. 0.19% 18,000 $1.2M No change
COST Costco Wholesale Corp. 0.16% 1,076 $1.1M No change
V Visa Inc. Class A 0.15% 2,853 $1.0M Add +40.8%
HCA HCA Healthcare Inc. 0.15% 2,620 $1.0M No change
USFD US Foods Holding Corp. 0.15% 12,650 $974K No change
CRWD CrowdStrike Holdings Inc. Class A 0.15% 1,905 $970K Add +89.5%
PGR Progressive Corp. 0.14% 3,449 $920K Add +68.3%
ETN Eaton Corp. PLC 0.14% 2,514 $897K No change
TT Trane Technologies PLC 0.13% 2,012 $880K No change
TRGP Targa Resources Corp. 0.13% 5,000 $870K No change
NYT New York Times Co. Class A 0.13% 15,033 $842K No change
MU Micron Technology Inc. 0.12% 6,500 $801K No change
CVX Chevron Corp. 0.12% 5,571 $798K No change
AMAT Applied Materials Inc. 0.11% 4,000 $732K No change
ABNB Airbnb Inc. Class A 0.11% 5,500 $728K Reduce -21.4%
VGT Vanguard Info Tech ETF 0.11% 1,080 $716K No change
XLI SS Industrial Select Sector 0.11% 4,852 $716K No change
UPS United Parcel Service Class B 0.11% 7,000 $707K No change
IWY iShares Russell Top 200 Grow 0.11% 2,847 $702K No change
MA Mastercard Inc. Class A 0.10% 1,205 $677K Add +72.1%
ADP Automatic Data Processing 0.10% 2,115 $652K No change
ISRG Intuitive Surgical Inc. 0.10% 1,200 $652K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 13,514 $639K Add +42.0%
NPO Enpro Inc. 0.10% 3,337 $639K No change
CSCO Cisco Systems Inc. 0.10% 9,093 $631K No change
ACN Accenture PLC Class A 0.09% 2,014 $602K Add +42.4%
ORCL Oracle Corp. 0.09% 2,676 $585K No change
T AT&T Inc. 0.09% 20,000 $579K No change
ABT Abbott Laboratories 0.08% 4,034 $549K Add +21.0%
RTX RTX Corp. 0.08% 3,701 $540K No change
SBUX Starbucks Corp. 0.08% 5,880 $539K No change
WFC Wells Fargo & Co. 0.08% 6,638 $532K No change
AMT American Tower Corp. 0.08% 2,396 $530K No change
ARCT Arcturus Therapeutics Holdin 0.08% 40,000 $520K No change
XMHQ Invesco S&P Midcap Qual ETF 0.08% 5,188 $510K No change
ABBV Abbvie Inc. 0.08% 2,718 $505K No change
ADBE Adobe Inc. 0.07% 1,260 $487K No change
MDLZ Mondelez International Inc. Class A 0.07% 7,072 $477K No change
PFE Pfizer Inc. 0.07% 19,441 $471K No change
CSX CSX Corp. 0.07% 14,291 $466K No change
MNST Monster Beverage Corp. 0.07% 7,260 $455K No change
CMCSA Comcast Corp. Class A 0.07% 12,498 $446K No change
CRM Salesforce Inc. 0.07% 1,570 $428K Reduce -76.1%
UNP Union Pacific Corp. 0.06% 1,838 $423K No change
MTG Mgic Investment Corp. 0.06% 15,116 $421K No change
TYL Tyler Technologies Inc. 0.06% 700 $415K No change
VST Vistra Corp. 0.06% 2,120 $411K No change
GILD Gilead Sciences Inc. 0.06% 3,684 $408K No change
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.06% 3,600 $388K No change
COP Conocophillips 0.06% 4,324 $388K Reduce -19.3%
HON Honeywell International Inc. 0.06% 1,666 $388K No change
XLV SS Health Care Select Sector 0.06% 2,818 $380K No change
ALSN Allison Transmission Holding 0.06% 3,998 $380K No change
NVS Novartis AG-Sponsored ADR 0.06% 3,058 $370K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.06% 1,248 $368K No change
ITW Illinois Tool Works 0.06% 1,479 $366K No change
COIN Coinbase Global Inc. Class A 0.05% 1,000 $350K No change
JEF Jefferies Financial Group Inc. 0.05% 6,405 $350K Add +65.8%
ACWI iShares MSCI Acwi ETF 0.05% 2,697 $347K No change
ROK Rockwell Automation Inc. 0.05% 1,042 $346K No change
AWK American Water Works Co. Inc. 0.05% 2,477 $345K Reduce -13.4%
EBAY eBay Inc. 0.05% 4,490 $334K No change
BALL Ball Corp. 0.05% 5,924 $332K No change
QCOM Qualcomm Inc. 0.05% 2,070 $330K No change

Show all 167 holdings

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -21.2% 11.29% −7.03
PG The Procter & Gamble Co. Reduce -97.3% 0.03% −1.23
NOV Nov Inc. Reduce -36.4% 0.44% −0.57
UNH Unitedhealth Group Inc. Reduce -27.6% 0.27% −0.47
CRM Salesforce Inc. Reduce -76.1% 0.07% −0.25
COHR Coherent Corp. Reduce -35.3% 0.61% −0.20
EFA iShares MSCI Eafe ETF Reduce -3.4% 1.56% −0.18
MRVL Marvell Technology Inc. Sold out 0.00% −0.17
VTI VG Morningstar TS MKT ETF-US Reduce -6.0% 0.37% −0.05
COP Conocophillips Reduce -19.3% 0.06% −0.04
ABNB Airbnb Inc. Class A Reduce -21.4% 0.11% −0.04
AWK American Water Works Co. Inc. Reduce -13.4% 0.05% −0.02
GDX Vaneck Gold Miners ETF Sold out 0.00% −0.01
SLV iShares Silver Trust Sold out 0.00% −0.01
MDT Medtronic PLC Reduce -10.4% 0.02% −0.01
SPDN Dir DLY SP 500 BR 1X ETF-Usi Sold out 0.00% −0.01
BILS SS Spdrb B 3-12M T-Bill ETF Sold out 0.00% −0.00
SILJ Amplify Junior Silver Miners Sold out 0.00% −0.00
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -39.2% 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +16.3% 19.51% +5.93
META Meta Platforms Inc. Class A Add +0.1% 18.08% +1.43
APO Apollo Global Management Inc. Add +75.3% 3.50% +1.23
MSFT Microsoft Corp. Add +2.2% 7.91% +1.01
PLTR Palantir Technologies Inc. Class A Add +0.7% 2.94% +0.81
MSTR Strategy Inc. New 0.63% +0.63
QQQ Invesco QQQ Trust Series 1 Add +171.5% 0.29% +0.18
MMM 3M Co. Add +114.7% 0.37% +0.18
CRWD CrowdStrike Holdings Inc. Class A Add +89.5% 0.15% +0.08
TSLA Tesla Inc. Add +0.9% 1.59% +0.07
NOW ServiceNow Inc. Add +16.8% 0.27% +0.06
GOOG Alphabet Inc. Class C Add +17.1% 0.38% +0.04
NFLX Netflix Inc. New 0.04% +0.04
PGR Progressive Corp. Add +68.3% 0.14% +0.04
MA Mastercard Inc. Class A Add +72.1% 0.10% +0.03
GOOGL Alphabet Inc. Class A Add +5.9% 1.42% +0.03
V Visa Inc. Class A Add +40.8% 0.15% +0.03
BAC Bank of America Corp. Add +42.0% 0.10% +0.03
IT Gartner Inc. New 0.02% +0.02
JEF Jefferies Financial Group Inc. Add +65.8% 0.05% +0.02
CF CF Industries Holdings Inc. Add +54.5% 0.04% +0.01
ACN Accenture PLC Class A Add +42.4% 0.09% +0.01
AMZN Amazon.com Inc. Add +2.6% 4.95% +0.01
ABT Abbott Laboratories Add +21.0% 0.08% +0.00
VICI Vici Properties Inc. Add +23.9% 0.03% +0.00
BND Vanguard Total Bond Market Add +9.1% 0.02% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +2.9% 3.46% −0.13

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2025 167$657.5MNVDA, META, AAPL, MSFT, COR
Q1 2025 170$556.9MAAPL, META, NVDA, MSFT, COR
Q4 2024 120$614.7MNVDA, META, AAPL, MSFT, AMZN
Q3 2024 168$601.8MNVDA, META, AAPL, MSFT, AMZN
Q2 2024 199$535.9MAAPL, NVDA, META, MSFT, AMZN
Q1 2024 187$366.6MMETA, AAPL, MSFT, AMZN, SPY