Belmont Capital, LLC

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 13, 2024), Belmont Capital, LLC reported 199 stock positions worth $535.9 million. Its top holding was Apple (AAPL) at 17.4% of the portfolio, followed by Nvidia (NVDA, 16.8%) and Meta Platforms Class A (META, 16.3%). Compared with Q1 2024, it opened 46 new positions, sold out of 37, added to 44 and reduced 21. The biggest buy was Nvidia (NVDA, shares +578%) and the biggest sale Affirm (AFRM, shares −90%).

Most Recent 13F
Q2 2025
Location
LOS ANGELES, CA
CIK
0001793367
Portfolio Value
$535.9M (Q2 2024)
SEC Filing
0001793367-24-000004 ↗ filed Aug 13, 2024

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $366.6M Q1 2024 Q2 2024: $535.9M $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 199 stocks · $535.9M
AAPL Apple Inc. 17.41% 442,903 $93.3M Add +0.5%
NVDA Nvidia Corp. 16.78% 727,813 $89.9M Add +577.8%
META Meta Platforms Inc. Class A 16.29% 173,149 $87.3M Add +1.0%
MSFT Microsoft Corp. 7.84% 93,947 $42.0M Add +32.1%
AMZN Amazon.com Inc. 5.31% 147,360 $28.5M Add +18.9%
SPY SS SPDR S&P 500 ETF Trust-US 4.29% 42,269 $23.0M Add +44.4%
HD Home Depot Inc. 2.42% 37,692 $13.0M Add +3.1%
COR Cencora Inc. 1.94% 46,150 $10.4M New
APO Apollo Global Management Inc. 1.94% 88,545 $10.4M New
GOOGL Alphabet Inc. Class A 1.81% 53,220 $9.7M Add +13.1%
EFA iShares MSCI Eafe ETF 1.74% 119,023 $9.3M Reduce -2.9%
NOV Nov Inc. 1.17% 330,609 $6.3M Reduce -12.9%
BYD Boyd Gaming Corp. 1.13% 109,883 $6.1M No change
UNH Unitedhealth Group Inc. 0.84% 8,797 $4.5M Add +842.9%
TSLA Tesla Inc. 0.73% 19,903 $3.9M Add +0.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.73% 98,354 $3.9M Add +0.4%
JPM JPMorgan Chase & Co. 0.64% 16,936 $3.4M Add +120.5%
PG The Procter & Gamble Co. 0.62% 20,180 $3.3M Reduce -2.4%
WMT Walmart Inc. 0.55% 43,318 $2.9M No change
CAVA Cava Group Inc. 0.52% 30,000 $2.8M No change
GOOG Alphabet Inc. Class C 0.52% 15,070 $2.8M Add +320.9%
VTI VG Morningstar TS MKT ETF-US 0.45% 8,941 $2.4M Add +16.6%
QQQ Invesco QQQ Trust Series 1 0.41% 4,634 $2.2M No change
CVX Chevron Corp. 0.40% 13,571 $2.1M No change
RY Royal Bank of Canada 0.38% 19,000 $2.0M Reduce -62.5%
MCD McDonald's Corp. 0.37% 7,792 $2.0M Add +15.4%
AVGO Broadcom Inc. 0.35% 1,162 $1.9M Add +157.7%
SOFI Sofi Technologies Inc. 0.30% 242,350 $1.6M No change
GILD Gilead Sciences Inc. 0.30% 23,312 $1.6M Add +532.8%
PLTR Palantir Technologies Inc. Class A 0.28% 60,200 $1.5M No change
ABNB Airbnb Inc. Class A 0.28% 10,000 $1.5M No change
KO The Coca-Cola Co. 0.28% 23,448 $1.5M Reduce 0.0%
PFE Pfizer Inc. 0.26% 50,697 $1.4M Add +20.3%
JNJ Johnson & Johnson 0.26% 9,660 $1.4M No change
RSG Republic Services Inc. 0.25% 7,000 $1.4M No change
PEP Pepsico Inc. 0.25% 7,963 $1.3M Add +34.4%
NSC Norfolk Southern Corp. 0.23% 5,708 $1.2M No change
MSI Motorola Solutions Inc. 0.22% 3,094 $1.2M New
NOW ServiceNow Inc. 0.22% 1,485 $1.2M New
ROST Ross Stores Inc. 0.22% 7,940 $1.2M No change
MRK Merck & Co. Inc. 0.21% 9,193 $1.1M Add +25.7%
ICE Intercontinental Exchange Inc. 0.21% 8,071 $1.1M New
ABBV Abbvie Inc. 0.20% 6,260 $1.1M Add +10.8%
COST Costco Wholesale Corp. 0.20% 1,254 $1.1M Add +604.5%
MMM 3M Co. 0.19% 10,130 $1.0M Add +225.2%
ADP Automatic Data Processing 0.19% 4,282 $1.0M No change
ARCT Arcturus Therapeutics Holdin 0.18% 40,000 $974K No change
MDLZ Mondelez International Inc. Class A 0.18% 14,879 $974K Add +37.7%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.18% 2,476 $968K No change
UPS United Parcel Service Class B 0.18% 7,000 $958K Add +699900.0%
BRK.B Berkshire Hathaway Inc. Class B 0.16% 2,115 $860K Reduce -3.1%
HCA HCA Healthcare Inc. 0.16% 2,620 $842K New
ETN Eaton Corp. PLC 0.15% 2,514 $788K New
NYT New York Times Co. Class A 0.14% 15,033 $770K No change
ABCL Abcellera Biologics Inc. 0.14% 260,000 $770K No change
BILS SS Spdrb B 3-12M T-Bill ETF 0.14% 7,687 $764K New
HON Honeywell International Inc. 0.14% 3,548 $758K Add +88.4%
ADBE Adobe Inc. 0.14% 1,332 $740K Add +1750.0%
TXN Texas Instruments Inc. 0.13% 3,689 $718K No change
VOO Vanguard S&P 500 ETF 0.13% 1,429 $715K New
AFL Aflac Inc. 0.13% 8,000 $714K No change
PM Philip Morris International 0.13% 6,948 $704K Reduce -41.9%
ABT Abbott Laboratories 0.13% 6,740 $700K Add +34.8%
USFD US Foods Holding Corp. 0.13% 12,650 $670K New
TT Trane Technologies PLC 0.12% 2,012 $662K New
GS Goldman Sachs Group Inc. 0.12% 1,449 $655K Reduce -3.8%
CSCO Cisco Systems Inc. 0.12% 13,759 $654K Add +275.3%
TRGP Targa Resources Corp. 0.12% 5,000 $644K New
CMCSA Comcast Corp. Class A 0.11% 15,390 $603K Add +18.3%
XLI SS Industrial Select Sector 0.10% 4,588 $559K No change
CRM Salesforce Inc. 0.10% 2,167 $557K Add +994.4%
AFRM Affirm Holdings Inc. 0.10% 18,000 $544K Reduce -90.4%
V Visa Inc. Class A 0.10% 2,026 $532K New
NFLX Netflix Inc. 0.09% 725 $489K Reduce -15.7%
MRO Marathon Oil Corp. 0.09% 16,753 $480K New
CSX CSX Corp. 0.09% 14,291 $478K New
F Ford Motor Co. filed as FORD MTR CO DEL 0.09% 37,500 $470K No change
SBUX Starbucks Corp. 0.09% 6,020 $469K No change
AMT American Tower Corp. 0.09% 2,396 $466K Add +594.5%
ACN Accenture PLC Class A 0.08% 1,454 $441K Add +3535.0%
PGR Progressive Corp. 0.08% 2,049 $426K New
CL Colgate-Palmolive Co. 0.08% 4,366 $424K No change
YOU Clear Secure Inc. Class A 0.08% 22,500 $421K No change
UNP Union Pacific Corp. 0.08% 1,803 $408K Add +136.6%
BMY Bristol-Myers Squibb Co. 0.08% 9,758 $405K No change
WFC Wells Fargo & Co. 0.08% 6,790 $403K Add +44.3%
QCOM Qualcomm Inc. 0.08% 2,024 $403K Add +57.9%
XLV SS Health Care Select Sector 0.07% 2,742 $400K Reduce -2.0%
BA The Boeing Co. 0.07% 2,177 $396K Reduce -8.5%
CRWD CrowdStrike Holdings Inc. Class A 0.07% 1,000 $383K No change
AWK American Water Works Co. Inc. 0.07% 2,884 $372K No change
RTX RTX Corp. 0.07% 3,701 $372K Add +184950.0%
MO Altria Group Inc. 0.07% 8,014 $365K Reduce -38.4%
MNST Monster Beverage Corp. 0.07% 7,260 $363K New
BALL Ball Corp. 0.07% 5,924 $356K New
MA Mastercard Inc. Class A 0.07% 803 $354K Add +679.6%
TYL Tyler Technologies Inc. 0.07% 700 $352K No change
ITW Illinois Tool Works 0.07% 1,479 $350K New
MTG Mgic Investment Corp. 0.06% 15,760 $340K No change
FIVN FIVE9 Inc. 0.06% 7,640 $337K New

Show all 199 holdings

Portfolio Sells Q1 2024 → Q2 2024
AFRM Affirm Holdings Inc. Reduce -90.4% 0.10% −1.81
RY Royal Bank of Canada Reduce -62.5% 0.38% −1.02
EFA iShares MSCI Eafe ETF Reduce -2.9% 1.74% −0.93
NOV Nov Inc. Reduce -12.9% 1.17% −0.85
PG The Procter & Gamble Co. Reduce -2.4% 0.62% −0.29
PM Philip Morris International Reduce -41.9% 0.13% −0.17
XLE SS Energy Select Sector Reduce -91.5% 0.01% −0.12
KO The Coca-Cola Co. Reduce 0.0% 0.28% −0.11
COIN Coinbase Global Inc. Class A Reduce -48.3% 0.04% −0.11
VB Vanguard Most SM-Cap ETF-Usd Sold out 0.00% −0.10
BRK.B Berkshire Hathaway Inc. Class B Reduce -3.1% 0.16% −0.09
MO Altria Group Inc. Reduce -38.4% 0.07% −0.09
ACWI iShares MSCI Acwi ETF Reduce -41.8% 0.06% −0.08
FTEC Fidelity MSCI Info Tech Indx Sold out 0.00% −0.05
BA The Boeing Co. Reduce -8.5% 0.07% −0.05
NFLX Netflix Inc. Reduce -15.7% 0.09% −0.05
GS Goldman Sachs Group Inc. Reduce -3.8% 0.12% −0.05
VGLT Vanguard Long-Term Treasury Sold out 0.00% −0.05
XLV SS Health Care Select Sector Reduce -2.0% 0.07% −0.04
BND Vanguard Total Bond Market Reduce -44.8% 0.02% −0.04
OXY Occidental Petroleum Corp. Sold out 0.00% −0.03
XOM Exxon Mobil Corp. Sold out 0.00% −0.03
FNCL Fidelity MSCI Financial Indx Sold out 0.00% −0.02
AMGN Amgen Inc. Reduce -9.3% 0.04% −0.02
VT Vanguard Tot World STK ETF Reduce -12.7% 0.03% −0.02
ZTS Zoetis Inc. Sold out 0.00% −0.02
KHC The Kraft Heinz Co. Sold out 0.00% −0.02
FDIS Fidelity MSCI Cons Discr Ind Sold out 0.00% −0.01
FIDU Fidelity MSCI Indust Indx Sold out 0.00% −0.01
SMCI Super Micro Computer Inc. Sold out 0.00% −0.01
AMAT Applied Materials Inc. Sold out 0.00% −0.01
FENY Fidelity MSCI Energy Index Sold out 0.00% −0.01
VGIT Vanguard Intermediate-Term T Sold out 0.00% −0.01
BLK BlackRock Finance Inc. Sold out 0.00% −0.01
BX Blackstone Inc. Sold out 0.00% −0.01
JBHT Hunt (jb) Transprt SVCS Inc. Sold out 0.00% −0.01
VGK Vanguard Ftse Europe ETF Sold out 0.00% −0.01
BP BP PLC-Spons ADR Sold out 0.00% −0.01
AMD Advanced Micro Devices Reduce -11.1% 0.01% −0.01
AKAM Akamai Technologies Inc. Sold out 0.00% −0.00
DE Deere & Co. Sold out 0.00% −0.00
IVOL Quadratic Int Rte Vol Infl H Sold out 0.00% −0.00
VPL Vanguard Ftse Pacific ETF Sold out 0.00% −0.00
FMAT Fidelity MSCI Materials Indx Sold out 0.00% −0.00
VNQI Vanguard GLBL Ex-US Real Est Sold out 0.00% −0.00
INDA iShares MSCI India ETF Sold out 0.00% −0.00
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.00
FUTY Fidelity MSCI US Utilities Sold out 0.00% −0.00
EWA iShares MSCI Australia ETF Sold out 0.00% −0.00
KMB Kimberly-Clark Corp. Sold out 0.00% −0.00

Portfolio Buys Q1 2024 → Q2 2024
NVDA Nvidia Corp. Add +577.8% 16.78% +14.13
COR Cencora Inc. New 1.94% +1.94
APO Apollo Global Management Inc. New 1.94% +1.94
UNH Unitedhealth Group Inc. Add +842.9% 0.84% +0.71
GOOG Alphabet Inc. Class C Add +320.9% 0.52% +0.37
GILD Gilead Sciences Inc. Add +532.8% 0.30% +0.22
MSI Motorola Solutions Inc. New 0.22% +0.22
JPM JPMorgan Chase & Co. Add +120.5% 0.64% +0.22
NOW ServiceNow Inc. New 0.22% +0.22
ICE Intercontinental Exchange Inc. New 0.21% +0.21
AVGO Broadcom Inc. Add +157.7% 0.35% +0.19
UPS United Parcel Service Class B Add +699900.0% 0.18% +0.18
COST Costco Wholesale Corp. Add +604.5% 0.20% +0.16
HCA HCA Healthcare Inc. New 0.16% +0.16
ETN Eaton Corp. PLC New 0.15% +0.15
BILS SS Spdrb B 3-12M T-Bill ETF New 0.14% +0.14
VOO Vanguard S&P 500 ETF New 0.13% +0.13
ADBE Adobe Inc. Add +1750.0% 0.14% +0.13
USFD US Foods Holding Corp. New 0.13% +0.13
TT Trane Technologies PLC New 0.12% +0.12
TRGP Targa Resources Corp. New 0.12% +0.12
SPY SS SPDR S&P 500 ETF Trust-US Add +44.4% 4.29% +0.12
MMM 3M Co. Add +225.2% 0.19% +0.10
V Visa Inc. Class A New 0.10% +0.10
MRO Marathon Oil Corp. New 0.09% +0.09
CSX CSX Corp. New 0.09% +0.09
CRM Salesforce Inc. Add +994.4% 0.10% +0.09
PGR Progressive Corp. New 0.08% +0.08
ACN Accenture PLC Class A Add +3535.0% 0.08% +0.08
CSCO Cisco Systems Inc. Add +275.3% 0.12% +0.07
RTX RTX Corp. Add +184950.0% 0.07% +0.07
AMT American Tower Corp. Add +594.5% 0.09% +0.07
MNST Monster Beverage Corp. New 0.07% +0.07
BALL Ball Corp. New 0.07% +0.07
ITW Illinois Tool Works New 0.07% +0.07
FIVN FIVE9 Inc. New 0.06% +0.06
BJ Bj's Wholesale Club Holdings New 0.06% +0.06
ROK Rockwell Automation Inc. New 0.05% +0.05
MA Mastercard Inc. Class A Add +679.6% 0.07% +0.05
ADI Analog Devices Inc. New 0.05% +0.05
IBM Intl Business Machines Corp. New 0.05% +0.05
YUM Yum! Brands Inc. New 0.05% +0.05
PYPL PayPal Holdings Inc. New 0.04% +0.04
LOW Lowe's Cos Inc. Add +0.0% 0.04% +0.04
HON Honeywell International Inc. Add +88.4% 0.14% +0.04
CE Celanese Corp. New 0.03% +0.03
ALLY Ally Financial Inc. New 0.03% +0.03
ELV Elevance Health Inc. New 0.03% +0.03
GPK Graphic Packaging Holding Co. New 0.03% +0.03
SCHW Schwab (charles) Corp. New 0.03% +0.03

Notes & Other Activity Q1 2024 → Q2 2024
JEPI JPMorgan Equity Premium Inco EQUITY PREMIUM Sold out 0 $7before exit

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