Belmont Capital, LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Belmont Capital, LLC reported 187 stock positions worth $366.6 million. Its top holding was Meta Platforms Class A (META) at 22.7% of the portfolio, followed by Apple (AAPL, 20.6%) and Microsoft (MSFT, 8.2%). Compared with Q4 2023, it opened 29 new positions, sold out of 7, added to 44 and reduced 11. The biggest buy was Amazon.com (AMZN, shares +882%) and the biggest sale Bank of America (BAC, shares −36%).

Most Recent 13F
Q2 2025
Location
LOS ANGELES, CA
CIK
0001793367
Portfolio Value
$366.6M (Q1 2024)
SEC Filing
0001793367-24-000003 ↗ filed May 14, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $366.6M $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 Q2 2025

Holdings 187 stocks · $366.6M
META Meta Platforms Inc. Class A 22.71% 171,474 $83.3M Add +28.0%
AAPL Apple Inc. 20.61% 440,683 $75.6M Add +86.6%
MSFT Microsoft Corp. 8.16% 71,141 $29.9M Add +56.2%
AMZN Amazon.com Inc. 6.10% 123,897 $22.3M Add +881.8%
SPY SS SPDR S&P 500 ETF Trust-US 4.18% 29,281 $15.3M Add +9.6%
HD Home Depot Inc. 3.82% 36,551 $14.0M Add +0.1%
EFA iShares MSCI Eafe ETF 2.67% 122,623 $9.8M No change
NVDA Nvidia Corp. 2.65% 10,738 $9.7M Add +3.8%
NOV Nov Inc. 2.02% 379,789 $7.4M New
BYD Boyd Gaming Corp. 2.02% 109,883 $7.4M No change
GOOGL Alphabet Inc. Class A 1.94% 47,067 $7.1M Add +3848.6%
AFRM Affirm Holdings Inc. 1.91% 188,000 $7.0M No change
RY Royal Bank of Canada 1.40% 50,731 $5.1M Reduce -14.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.01% 97,954 $3.7M Reduce -35.8%
TSLA Tesla Inc. 0.95% 19,893 $3.5M Add +329.0%
PG The Procter & Gamble Co. 0.92% 20,680 $3.4M Add +16.2%
WMT Walmart Inc. 0.71% 43,318 $2.6M Add +0.9%
CVX Chevron Corp. 0.58% 13,571 $2.1M No change
CAVA Cava Group Inc. 0.57% 30,000 $2.1M New
QQQ Invesco QQQ Trust Series 1 0.56% 4,634 $2.1M New
VTI VG Morningstar TS MKT ETF-US 0.54% 7,668 $2.0M No change
MCD McDonald's Corp. 0.52% 6,749 $1.9M Reduce -3.4%
SOFI Sofi Technologies Inc. 0.48% 242,350 $1.8M No change
ABNB Airbnb Inc. Class A 0.45% 10,000 $1.6M Reduce -20.0%
JPM JPMorgan Chase & Co. 0.42% 7,679 $1.5M No change
JNJ Johnson & Johnson 0.42% 9,660 $1.5M No change
NSC Norfolk Southern Corp. 0.40% 5,708 $1.5M No change
KO The Coca-Cola Co. 0.39% 23,449 $1.4M No change
PLTR Palantir Technologies Inc. Class A 0.38% 60,200 $1.4M No change
ARCT Arcturus Therapeutics Holdin 0.37% 40,000 $1.4M New
RSG Republic Services Inc. 0.37% 7,000 $1.3M No change
ABCL Abcellera Biologics Inc. 0.32% 260,000 $1.2M Reduce -49.0%
PFE Pfizer Inc. 0.32% 42,158 $1.2M No change
ROST Ross Stores Inc. 0.32% 7,940 $1.2M No change
PM Philip Morris International 0.30% 11,948 $1.1M Add +72.0%
ADP Automatic Data Processing 0.29% 4,282 $1.1M No change
PEP Pepsico Inc. 0.28% 5,927 $1.0M Add +1.4%
ABBV Abbvie Inc. 0.28% 5,648 $1.0M Add +4606.7%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.27% 2,476 $985K New
MRK Merck & Co. Inc. 0.26% 7,316 $965K Add +69.5%
BRK.B Berkshire Hathaway Inc. Class B 0.25% 2,183 $918K No change
MDLZ Mondelez International Inc. Class A 0.21% 10,807 $756K Add +38.4%
AFL Aflac Inc. 0.19% 8,000 $687K New
NYT New York Times Co. Class A 0.18% 15,033 $650K No change
TXN Texas Instruments Inc. 0.18% 3,689 $643K Add +1.6%
GS Goldman Sachs Group Inc. 0.17% 1,506 $629K No change
AVGO Broadcom Inc. 0.16% 451 $597K No change
XLI SS Industrial Select Sector 0.16% 4,588 $578K No change
ABT Abbott Laboratories 0.15% 5,000 $568K No change
MO Altria Group Inc. 0.15% 13,014 $568K Add +62.4%
CMCSA Comcast Corp. Class A 0.15% 13,010 $564K Add +0.1%
SBUX Starbucks Corp. 0.15% 6,020 $550K Add +0.5%
COIN Coinbase Global Inc. Class A 0.15% 2,072 $549K No change
GOOG Alphabet Inc. Class C 0.15% 3,580 $545K Add +894.4%
BMY Bristol-Myers Squibb Co. 0.14% 9,758 $529K No change
NFLX Netflix Inc. 0.14% 860 $522K Add +9.6%
ACWI iShares MSCI Acwi ETF 0.14% 4,630 $510K No change
F Ford Motor Co. filed as FORD MTR CO DEL 0.14% 37,500 $498K Add +557.8%
YOU Clear Secure Inc. Class A 0.13% 22,500 $479K No change
XLE SS Energy Select Sector 0.13% 5,057 $477K Add +4.1%
UNH Unitedhealth Group Inc. 0.13% 933 $461K Reduce -1.6%
BA The Boeing Co. 0.13% 2,380 $459K Add +4.4%
XLV SS Health Care Select Sector 0.11% 2,797 $413K No change
CL Colgate-Palmolive Co. 0.11% 4,366 $393K No change
HON Honeywell International Inc. 0.11% 1,883 $387K No change
VB Vanguard Most SM-Cap ETF-Usd 0.10% 1,638 $374K Add +87.2%
AWK American Water Works Co. Inc. 0.10% 2,884 $352K No change
MTG Mgic Investment Corp. 0.10% 15,760 $352K No change
GIS General Mills Inc. 0.10% 5,000 $350K No change
MMM 3M Co. 0.09% 3,115 $330K No change
ALSN Allison Transmission Holding 0.09% 3,998 $324K Reduce -30.3%
CRWD CrowdStrike Holdings Inc. Class A 0.09% 1,000 $321K No change
TYL Tyler Technologies Inc. 0.08% 700 $298K New
NVS Novartis AG-Sponsored ADR 0.08% 3,058 $296K No change
EPD Enterprise Products Partners 0.08% 10,000 $292K No change
CNQ Canadian Natural Resources 0.08% 3,796 $290K Reduce -24.7%
ORCL Oracle Corp. 0.08% 2,205 $277K New
WFC Wells Fargo & Co. 0.07% 4,705 $273K Reduce -48.9%
GILD Gilead Sciences Inc. 0.07% 3,684 $270K No change
IVV iShares Core S&P 500 ETF 0.07% 500 $263K New
LRCX Lam Research Corp. 0.07% 264 $256K No change
CINF Cincinnati Financial Corp. 0.07% 2,030 $252K No change
VST Vistra Corp. 0.07% 3,555 $248K No change
SU Suncor Energy Inc. 0.07% 6,592 $243K No change
CMA Comerica Inc. 0.06% 4,192 $231K Add +106.3%
BND Vanguard Total Bond Market 0.06% 3,026 $220K No change
EBAY eBay Inc. 0.06% 4,118 $217K New
QCOM Qualcomm Inc. 0.06% 1,282 $217K Add +16.3%
XLK SS Technology Select Sector 0.06% 1,000 $208K No change
R Ryder System Inc. 0.05% 1,654 $199K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.05% 4,000 $196K Reduce -26.1%
FTEC Fidelity MSCI Info Tech Indx 0.05% 1,243 $194K Add +0.2%
AMGN Amgen Inc. 0.05% 668 $190K No change
UNP Union Pacific Corp. 0.05% 762 $187K No change
CSCO Cisco Systems Inc. 0.05% 3,666 $183K New
VGLT Vanguard Long-Term Treasury 0.05% 3,046 $180K Add +155.3%
JEF Jefferies Financial Group Inc. 0.05% 4,071 $180K No change
MDT Medtronic PLC 0.05% 2,000 $174K No change
LMT Lockheed Martin Corp. 0.04% 344 $157K No change
EOG EOG Resources Inc. 0.04% 1,208 $154K No change
VT Vanguard Tot World STK ETF 0.04% 1,380 $152K No change
FAST Fastenal Co. 0.04% 1,900 $147K New
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.04% 1,740 $145K New
C Citigroup Inc. 0.04% 2,282 $144K No change
OLED Universal Display Corp. 0.04% 784 $132K No change
COP Conocophillips 0.04% 1,036 $132K No change
COST Costco Wholesale Corp. 0.04% 178 $130K Add +2.3%
GSK GSK PLC-Spon ADR 0.04% 2,992 $128K No change
BAX Baxter International Inc. 0.03% 2,827 $121K No change
OXY Occidental Petroleum Corp. 0.03% 1,722 $112K Add +147.1%
NET Cloudflare Inc. Class A 0.03% 1,000 $97K No change
XOM Exxon Mobil Corp. 0.03% 800 $93K New
IWF iShares Russell 1000 Growth 0.02% 266 $90K No change
ZM Zoom Communications Inc. filed as ZOOM VIDEO COMMUNICATIONS IN 0.02% 1,306 $85K No change
NVO Novo-Nordisk A/S-Spons ADR 0.02% 588 $75K New
NOBL Proshares S&P 500 Dividend A 0.02% 723 $73K Add +102.0%
AMT American Tower Corp. 0.02% 345 $68K No change
KVUE Kenvue Inc. 0.02% 2,980 $64K No change
FNCL Fidelity MSCI Financial Indx 0.02% 1,070 $64K Add +0.5%
CRM Salesforce Inc. 0.02% 198 $60K Add +96.0%
VEU Vanguard Ftse All-World Ex-U 0.02% 997 $58K No change
ZTS Zoetis Inc. 0.02% 344 $58K No change
KHC The Kraft Heinz Co. 0.02% 1,500 $55K New
TCBK Trico Bancshares 0.01% 1,500 $55K No change
FDIS Fidelity MSCI Cons Discr Ind 0.01% 658 $54K Add +0.1%
FIDU Fidelity MSCI Indust Indx 0.01% 786 $53K Add +0.3%
MA Mastercard Inc. Class A 0.01% 103 $50K New
SMCI Super Micro Computer Inc. 0.01% 48 $48K New
MRSH Marsh & McLennan Cos 0.01% 225 $46K New
INTC Intel Corp. 0.01% 1,000 $44K New
GLD SPDR Gold Shares 0.01% 201 $41K No change
AMD Advanced Micro Devices 0.01% 225 $41K Reduce -98.0%
GDX Vaneck Gold Miners ETF 0.01% 1,226 $39K No change
ADBE Adobe Inc. 0.01% 72 $36K New
AMAT Applied Materials Inc. 0.01% 161 $33K No change
FENY Fidelity MSCI Energy Index 0.01% 1,162 $30K Add +0.7%
PRF Invesco Rafi US 1000 ETF 0.01% 750 $29K No change
VGIT Vanguard Intermediate-Term T 0.01% 481 $28K Add +53.7%
NKE Nike Inc. Class B 0.01% 274 $26K Add +93.0%
CAT Caterpillar Inc. 0.01% 70 $26K No change
DGX Quest Diagnostics Inc. 0.01% 191 $25K New
BLK BlackRock Finance Inc. 0.01% 29 $24K No change
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.01% 747 $23K No change
BX Blackstone Inc. 0.01% 171 $22K Add +0.6%
SLV iShares Silver Trust 0.01% 977 $22K No change
JBHT Hunt (jb) Transprt SVCS Inc. 0.01% 104 $21K No change
VGK Vanguard Ftse Europe ETF 0.01% 292 $20K No change
BP BP PLC-Spons ADR 0.01% 500 $19K New
PXF Invesco Rafi Developed Marke 0.00% 361 $18K No change
AKAM Akamai Technologies Inc. 0.00% 158 $17K No change
DE Deere & Co. 0.00% 37 $15K No change
IVOL Quadratic Int Rte Vol Infl H 0.00% 735 $14K No change
ACN Accenture PLC Class A 0.00% 40 $14K New
VPL Vanguard Ftse Pacific ETF 0.00% 180 $14K No change
FMAT Fidelity MSCI Materials Indx 0.00% 255 $13K Add +0.4%
VNQI Vanguard GLBL Ex-US Real Est 0.00% 312 $13K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.00% 183 $12K No change
SILJ Amplify Junior Silver Miners 0.00% 1,184 $12K New
INDA iShares MSCI India ETF 0.00% 219 $11K No change
VNQ Vanguard Real Estate ETF 0.00% 130 $11K No change
FUTY Fidelity MSCI US Utilities 0.00% 262 $11K Add +0.8%
IWM iShares Russell 2000 ETF 0.00% 42 $9K New
EWA iShares MSCI Australia ETF 0.00% 353 $9K No change
KMB Kimberly-Clark Corp. 0.00% 65 $8K No change
CIEN Ciena Corp. 0.00% 158 $8K No change
LLY Eli Lilly & Co. 0.00% 10 $8K No change
EWS iShares MSCI Singapore ETF 0.00% 405 $7K No change
BABA Alibaba Group Holding-SP ADR 0.00% 100 $7K No change
GEHC GE Healthcare Technology 0.00% 76 $7K No change
SPGI S&P Global Inc. 0.00% 15 $6K New
MOS The Mosaic Co. 0.00% 164 $5K Add +0.6%
EWZ iShares MSCI Brazil ETF 0.00% 140 $5K No change
ICLN iShares Global Clean Energy 0.00% 300 $4K No change
IWN iShares Russell 2000 Value E 0.00% 25 $4K No change
ILMN Illumina Inc. 0.00% 28 $4K New
SNOW Snowflake Inc. 0.00% 23 $4K No change
XYZ Block Inc. 0.00% 34 $3K No change
IMVP Invesco India Exchange-Trade 0.00% 100 $3K No change
PXH Inves Rafi Emer MRKT-Usd Inc. 0.00% 107 $2K No change
BDX Becton Dickinson and Co. 0.00% 8 $2K New
LIT Global X Lithium & Battery T 0.00% 33 $1K No change
FXI iShares China Large-Cap ETF 0.00% 50 $1K No change
SO The Southern Co. 0.00% 3 $190 No change
RTX RTX Corp. 0.00% 2 $188 No change
UPS United Parcel Service Class B 0.00% 1 $186 No change
MIND MEDICINE MINDMED INC 0.00% 6 $56 No change
NEM Newmont Corp. 0.00% 1 $36 No change
Lines left out (2) · $38 — a value with no share or principal amount
SecurityClassSharesValue
LOW Lowe's Cos Inc. COM0$31
JEPI JPMorgan Equity Premium Inco EQUITY PREMIUM0$7

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $366.6M.

Portfolio Sells Q4 2023 → Q1 2024
BAC Bank of America Corp. Reduce -35.8% 1.01% −1.18
RY Royal Bank of Canada Reduce -14.9% 1.40% −1.18
ABCL Abcellera Biologics Inc. Reduce -49.0% 0.32% −0.92
AMD Advanced Micro Devices Reduce -98.0% 0.01% −0.70
MCD McDonald's Corp. Reduce -3.4% 0.52% −0.37
ABNB Airbnb Inc. Class A Reduce -20.0% 0.45% −0.28
WFC Wells Fargo & Co. Reduce -48.9% 0.07% −0.12
UNH Unitedhealth Group Inc. Reduce -1.6% 0.13% −0.09
LIN Linde PLC Sold out 0.00% −0.06
CNQ Canadian Natural Resources Reduce -24.7% 0.08% −0.06
HRB H&R Block Inc. Reduce -26.1% 0.05% −0.06
ALSN Allison Transmission Holding Reduce -30.3% 0.09% −0.05
NIO Nio Inc. - ADR Sold out 0.00% −0.04
TIP iShares Tips Bond ETF Sold out 0.00% −0.02
TGT Target Corp. Sold out 0.00% −0.01
ETF MANAGERS TR Sold out 0.00% −0.01
ON On Semiconductor Sold out 0.00% −0.00
GLBE Global-E Online Ltd. Sold out 0.00% −0.00

Portfolio Buys Q4 2023 → Q1 2024
AMZN Amazon.com Inc. Add +881.8% 6.10% +5.28
META Meta Platforms Inc. Class A Add +28.0% 22.71% +2.47
NOV Nov Inc. New 2.02% +2.02
GOOGL Alphabet Inc. Class A Add +3848.6% 1.94% +1.87
AAPL Apple Inc. Add +86.6% 20.61% +1.20
MSFT Microsoft Corp. Add +56.2% 8.16% +0.85
CAVA Cava Group Inc. New 0.57% +0.57
QQQ Invesco QQQ Trust Series 1 New 0.56% +0.56
TSLA Tesla Inc. Add +329.0% 0.95% +0.46
NVDA Nvidia Corp. Add +3.8% 2.65% +0.46
ARCT Arcturus Therapeutics Holdin New 0.37% +0.37
ABBV Abbvie Inc. Add +4606.7% 0.28% +0.27
DIA SS SPDR Dow Jones Indus Avg New 0.27% +0.27
AFL Aflac Inc. New 0.19% +0.19
GOOG Alphabet Inc. Class C Add +894.4% 0.15% +0.13
F Ford Motor Co. Add +557.8% 0.14% +0.11
TYL Tyler Technologies Inc. New 0.08% +0.08
ORCL Oracle Corp. New 0.08% +0.08
IVV iShares Core S&P 500 ETF New 0.07% +0.07
MRK Merck & Co. Inc. Add +69.5% 0.26% +0.06
EBAY eBay Inc. New 0.06% +0.06
CSCO Cisco Systems Inc. New 0.05% +0.05
FAST Fastenal Co. New 0.04% +0.04
CF CF Industries Holdings Inc. New 0.04% +0.04
XOM Exxon Mobil Corp. New 0.03% +0.03
VB Vanguard Most SM-Cap ETF-Usd Add +87.2% 0.10% +0.02
NVO Novo-Nordisk A/S-Spons ADR New 0.02% +0.02
PM Philip Morris International Add +72.0% 0.30% +0.02
VGLT Vanguard Long-Term Treasury Add +155.3% 0.05% +0.02
MO Altria Group Inc. Add +62.4% 0.15% +0.02
KHC The Kraft Heinz Co. New 0.02% +0.02
CMA Comerica Inc. Add +106.3% 0.06% +0.01
MA Mastercard Inc. Class A New 0.01% +0.01
SMCI Super Micro Computer Inc. New 0.01% +0.01
OXY Occidental Petroleum Corp. Add +147.1% 0.03% +0.01
MRSH Marsh & McLennan Cos New 0.01% +0.01
INTC Intel Corp. New 0.01% +0.01
ADBE Adobe Inc. New 0.01% +0.01
DGX Quest Diagnostics Inc. New 0.01% +0.01
NOBL Proshares S&P 500 Dividend A Add +102.0% 0.02% +0.01
BP BP PLC-Spons ADR New 0.01% +0.01
CRM Salesforce Inc. Add +96.0% 0.02% +0.00
ACN Accenture PLC Class A New 0.00% +0.00
SILJ Amplify Junior Silver Miners New 0.00% +0.00
IWM iShares Russell 2000 ETF New 0.00% +0.00
SPGI S&P Global Inc. New 0.00% +0.00
ILMN Illumina Inc. New 0.00% +0.00
BDX Becton Dickinson and Co. New 0.00% +0.00
NKE Nike Inc. Class B Add +93.0% 0.01% +0.00
VGIT Vanguard Intermediate-Term T Add +53.7% 0.01% −0.00

Notes & Other Activity Q4 2023 → Q1 2024
JEPI JPMorgan Equity Premium Inco EQUITY PREMIUM Reduce -100.0% 0 $7

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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