Belmont Capital, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Belmont Capital, LLC reported 168 stock positions worth $601.8 million. Its top holding was Nvidia (NVDA) at 21.3% of the portfolio, followed by Meta Platforms Class A (META, 16.6%) and Apple (AAPL, 14.2%). Compared with Q2 2024, it opened 12 new positions, sold out of 43, added to 23 and reduced 36. The biggest buy was Nvidia (NVDA, shares +45%) and the biggest sale Apple (AAPL, shares −17%).

Most Recent 13F
Q2 2025
Location
LOS ANGELES, CA
CIK
0001793367
Portfolio Value
$601.8M (Q3 2024)
SEC Filing
0001793367-24-000006 ↗ filed Nov 7, 2024

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 $601.8M Q3 2024 Q4 2024: $614.7M Q4 2024 Q1 2025: $556.9M Q1 2025 Q2 2025: $657.5M Q2 2025

Holdings 168 stocks · $601.8M
NVDA Nvidia Corp. 21.31% 1,056,003 $128.2M Add +45.1%
META Meta Platforms Inc. Class A 16.62% 174,768 $100.0M Add +0.9%
AAPL Apple Inc. 14.16% 365,671 $85.2M Reduce -17.4%
MSFT Microsoft Corp. 7.89% 110,331 $47.5M Add +17.4%
AMZN Amazon.com Inc. 4.76% 153,726 $28.6M Add +4.3%
SPY SS SPDR S&P 500 ETF Trust-US 3.44% 36,067 $20.7M Reduce -14.7%
COR Cencora Inc. 3.30% 88,350 $19.9M Add +91.4%
HD Home Depot Inc. 2.54% 37,659 $15.3M Reduce -0.1%
APO Apollo Global Management Inc. 1.84% 88,545 $11.1M No change
COHR Coherent Corp. 1.77% 120,000 $10.7M New
EFA iShares MSCI Eafe ETF 1.65% 119,023 $10.0M No change
GOOGL Alphabet Inc. Class A 1.32% 47,880 $7.9M Reduce -10.0%
TSLA Tesla Inc. 1.26% 29,068 $7.6M Add +46.0%
BYD Boyd Gaming Corp. 1.18% 109,883 $7.1M No change
NOV Nov Inc. 0.88% 330,609 $5.3M No change
PG The Procter & Gamble Co. 0.83% 28,830 $5.0M Add +42.9%
UNH Unitedhealth Group Inc. 0.77% 7,916 $4.6M Reduce -10.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.64% 96,434 $3.8M Reduce -1.9%
CAVA Cava Group Inc. 0.62% 30,030 $3.7M Add +0.1%
VOO Vanguard S&P 500 ETF 0.44% 4,989 $2.6M Add +249.1%
GOOG Alphabet Inc. Class C 0.42% 15,181 $2.5M Add +0.7%
JPM JPMorgan Chase & Co. 0.41% 11,738 $2.5M Reduce -30.7%
VTI VG Morningstar TS MKT ETF-US 0.40% 8,508 $2.4M Reduce -4.8%
RY Royal Bank of Canada 0.39% 19,000 $2.4M No change
PLTR Palantir Technologies Inc. Class A 0.37% 60,201 $2.2M Add +0.0%
BRK.B Berkshire Hathaway Inc. Class B 0.34% 4,385 $2.0M Add +107.3%
AVGO Broadcom Inc. 0.33% 11,615 $2.0M No change
CVX Chevron Corp. 0.33% 13,577 $2.0M Add +0.0%
ITA iShares U.S. Aerospace & Def 0.33% 13,205 $2.0M New
SOFI Sofi Technologies Inc. 0.32% 242,350 $1.9M No change
CRM Salesforce Inc. 0.30% 6,570 $1.8M Add +203.2%
VIOO Vanguard S&P Small-Cap 600 E 0.29% 16,051 $1.7M New
IWM iShares Russell 2000 ETF 0.28% 7,500 $1.7M Add +6421.7%
RSG Republic Services Inc. 0.23% 7,000 $1.4M No change
MSI Motorola Solutions Inc. 0.23% 3,094 $1.4M No change
ABBV Abbvie Inc. 0.22% 6,741 $1.3M Add +7.7%
NOW ServiceNow Inc. 0.22% 1,485 $1.3M No change
ICE Intercontinental Exchange Inc. 0.22% 8,071 $1.3M No change
ABNB Airbnb Inc. Class A 0.21% 10,000 $1.3M No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.20% 12,864 $1.2M New
MRVL Marvell Technology Inc. 0.18% 15,000 $1.1M New
HCA HCA Healthcare Inc. 0.18% 2,620 $1.1M No change
GILD Gilead Sciences Inc. 0.17% 12,412 $1.0M Reduce -46.8%
MMM 3M Co. 0.17% 7,544 $1.0M Reduce -25.5%
UPS United Parcel Service Class B 0.16% 7,000 $954K No change
COST Costco Wholesale Corp. 0.16% 1,076 $954K Reduce -14.2%
ARCT Arcturus Therapeutics Holdin 0.15% 40,000 $928K No change
DELL Dell Technologies -C 0.15% 7,500 $889K New
NYT New York Times Co. Class A 0.14% 15,033 $837K No change
ETN Eaton Corp. PLC 0.14% 2,514 $833K No change
TT Trane Technologies PLC 0.13% 2,012 $782K No change
USFD US Foods Holding Corp. 0.13% 12,650 $778K No change
TRGP Targa Resources Corp. 0.12% 5,000 $740K No change
AFRM Affirm Holdings Inc. 0.12% 18,000 $735K No change
ADBE Adobe Inc. 0.11% 1,260 $652K Reduce -5.4%
IWY iShares Russell Top 200 Grow 0.10% 2,847 $626K New
QQQ Invesco QQQ Trust Series 1 0.10% 1,280 $625K Reduce -72.4%
XLI SS Industrial Select Sector 0.10% 4,588 $621K No change
ADP Automatic Data Processing 0.10% 2,115 $585K Reduce -50.6%
SBUX Starbucks Corp. 0.10% 5,880 $573K Reduce -2.3%
NPO Enpro Inc. 0.09% 3,482 $565K New
AMT American Tower Corp. 0.09% 2,396 $557K No change
V Visa Inc. Class A 0.09% 2,026 $557K No change
XMHQ Invesco S&P Midcap Qual ETF 0.09% 5,188 $532K New
CMCSA Comcast Corp. Class A 0.09% 12,498 $522K Reduce -18.8%
MDLZ Mondelez International Inc. Class A 0.09% 7,072 $521K Reduce -52.5%
PGR Progressive Corp. 0.09% 2,049 $520K No change
MU Micron Technology Inc. 0.09% 5,000 $519K New
ACN Accenture PLC Class A 0.08% 1,414 $500K Reduce -2.8%
MCD McDonald's Corp. 0.08% 1,637 $499K Reduce -79.0%
CSX CSX Corp. 0.08% 14,291 $493K No change
CSCO Cisco Systems Inc. 0.08% 9,093 $484K Reduce -33.9%
NFLX Netflix Inc. 0.08% 650 $461K Reduce -10.3%
RTX RTX Corp. 0.07% 3,701 $448K No change
MRO Marathon Oil Corp. 0.07% 16,822 $448K Add +0.4%
UNP Union Pacific Corp. 0.07% 1,803 $444K No change
XLV SS Health Care Select Sector 0.07% 2,818 $434K Add +2.8%
AWK American Water Works Co. Inc. 0.07% 2,884 $422K No change
VST Vistra Corp. 0.07% 3,555 $421K No change
TYL Tyler Technologies Inc. 0.07% 700 $409K No change
BALL Ball Corp. 0.07% 5,924 $402K No change
ITW Illinois Tool Works 0.06% 1,479 $388K No change
MTG Mgic Investment Corp. 0.06% 15,116 $387K Reduce -4.1%
ALSN Allison Transmission Holding 0.06% 3,998 $384K No change
WFC Wells Fargo & Co. 0.06% 6,790 $384K No change
ABT Abbott Laboratories 0.06% 3,333 $380K Reduce -50.5%
MNST Monster Beverage Corp. 0.06% 7,260 $379K No change
PEP Pepsico Inc. 0.06% 2,193 $373K Reduce -72.5%
AMGN Amgen Inc. 0.06% 1,139 $367K Add +88.0%
NVS Novartis AG-Sponsored ADR 0.06% 3,058 $352K No change
MA Mastercard Inc. Class A 0.06% 700 $346K Reduce -12.8%
HON Honeywell International Inc. 0.06% 1,666 $344K Reduce -53.0%
ACWI iShares MSCI Acwi ETF 0.05% 2,697 $322K No change
JNJ Johnson & Johnson 0.05% 1,981 $321K Reduce -79.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.05% 1,448 $320K No change
PYPL PayPal Holdings Inc. 0.05% 4,000 $312K No change
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.05% 3,600 $297K No change
IVV iShares Core S&P 500 ETF 0.05% 500 $288K No change
LOW Lowe's Cos Inc. 0.05% 1,037 $281K No change
CRWD CrowdStrike Holdings Inc. Class A 0.05% 1,000 $280K No change
ROK Rockwell Automation Inc. 0.05% 1,042 $280K No change
PFE Pfizer Inc. 0.04% 9,343 $270K Reduce -81.6%
EBAY eBay Inc. 0.04% 4,118 $268K No change
YUM Yum! Brands Inc. 0.04% 1,863 $260K No change
ADI Analog Devices Inc. 0.04% 1,127 $259K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.04% 4,000 $254K No change
CNQ Canadian Natural Resources 0.04% 7,592 $252K No change
CMA Comerica Inc. 0.04% 4,192 $251K No change
JEF Jefferies Financial Group Inc. 0.04% 4,020 $247K Reduce -1.3%
SU Suncor Energy Inc. 0.04% 6,592 $243K No change
R Ryder System Inc. 0.04% 1,654 $241K No change
XLK SS Technology Select Sector 0.04% 1,000 $226K No change
FIVN FIVE9 Inc. 0.04% 7,640 $219K No change
MRK Merck & Co. Inc. 0.04% 1,877 $213K Reduce -79.6%
XLE SS Energy Select Sector 0.03% 2,385 $209K Add +454.6%
LMT Lockheed Martin Corp. 0.03% 344 $201K No change
COIN Coinbase Global Inc. Class A 0.03% 1,072 $191K No change
BAM Brookfield Asset Mgmt-A 0.03% 3,918 $185K No change
CE Celanese Corp. 0.03% 1,349 $183K No change
QCOM Qualcomm Inc. 0.03% 1,024 $174K Reduce -49.4%
GPK Graphic Packaging Holding Co. 0.03% 5,845 $173K No change
OLED Universal Display Corp. 0.03% 784 $165K No change
INGR Ingredion Inc. 0.03% 1,169 $161K New
ELV Elevance Health Inc. 0.03% 300 $156K No change
MDT Medtronic PLC 0.02% 1,664 $150K Reduce -54.6%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.02% 1,740 $149K No change
EOG EOG Resources Inc. 0.02% 1,208 $148K No change
NDSN Nordson Corp. 0.02% 561 $147K No change
KO The Coca-Cola Co. 0.02% 2,046 $147K Reduce -91.3%
ALLY Ally Financial Inc. 0.02% 4,120 $147K No change
VT Vanguard Tot World STK ETF 0.02% 1,205 $144K No change
BND Vanguard Total Bond Market 0.02% 1,817 $136K Add +8.7%
NKE Nike Inc. Class B 0.02% 1,469 $130K Reduce -8.2%
SNOW Snowflake Inc. 0.02% 1,000 $115K Reduce -2.3%
COP Conocophillips 0.02% 1,036 $109K No change
IWF iShares Russell 1000 Growth 0.02% 266 $100K No change
NOBL Proshares S&P 500 Dividend A 0.01% 841 $90K Add +16.3%
SHOP Shopify Inc. Class A 0.01% 1,000 $80K No change
TCBK Trico Bancshares 0.01% 1,500 $64K No change
VEU Vanguard Ftse All-World Ex-U 0.01% 997 $63K No change
GLD SPDR Gold Shares 0.01% 201 $49K No change
GDX Vaneck Gold Miners ETF 0.01% 1,226 $49K No change
SLV iShares Silver Trust 0.01% 1,501 $43K Add +53.6%
AMD Advanced Micro Devices 0.01% 200 $33K No change
PRF Invesco Rafi US 1000 ETF 0.01% 750 $30K No change
INTC Intel Corp. 0.00% 1,200 $28K No change
CAT Caterpillar Inc. 0.00% 70 $27K No change
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.00% 747 $24K No change
IGRO iShares Intl Div Growth ETF 0.00% 304 $23K New
PXF Invesco Rafi Developed Marke 0.00% 361 $19K No change
OKE Oneok Inc. 0.00% 200 $18K No change
VZ Verizon Communications Inc. 0.00% 400 $18K No change
SILJ Amplify Junior Silver Miners 0.00% 1,184 $15K No change
UBER Uber Technologies Inc. 0.00% 200 $15K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.00% 183 $15K No change
BABA Alibaba Group Holding-SP ADR 0.00% 100 $11K No change
NMRK Newmark Group Inc. Class A 0.00% 500 $8K No change
IWN iShares Russell 2000 Value E 0.00% 25 $4K No change
ET Energy Transfer LP 0.00% 200 $3K No change
IMVP Invesco India Exchange-Trade 0.00% 100 $3K No change
CLF Cleveland-Cliffs Inc. 0.00% 200 $3K No change
PXH Inves Rafi Emer MRKT-Usd Inc. 0.00% 107 $2K No change
FXI iShares China Large-Cap ETF 0.00% 50 $2K No change
DGX Quest Diagnostics Inc. 0.00% 10 $2K Reduce -94.8%
EWZ iShares MSCI Brazil ETF 0.00% 50 $1K No change
LIT Global X Lithium & Battery T 0.00% 33 $1K No change
WDFC WD-40 Co. 0.00% 2 $516 No change
MIND MEDICINE MINDMED INC 0.00% 6 $34 No change

Portfolio Sells Q2 2024 → Q3 2024
AAPL Apple Inc. Reduce -17.4% 14.16% −3.25
SPY SS SPDR S&P 500 ETF Trust-US Reduce -14.7% 3.44% −0.85
WMT Walmart Inc. Sold out 0.00% −0.55
GOOGL Alphabet Inc. Class A Reduce -10.0% 1.32% −0.49
QQQ Invesco QQQ Trust Series 1 Reduce -72.4% 0.10% −0.31
MCD McDonald's Corp. Reduce -79.0% 0.08% −0.29
KO The Coca-Cola Co. Reduce -91.3% 0.02% −0.25
NSC Norfolk Southern Corp. Sold out 0.00% −0.23
JPM JPMorgan Chase & Co. Reduce -30.7% 0.41% −0.23
PFE Pfizer Inc. Reduce -81.6% 0.04% −0.22
ROST Ross Stores Inc. Sold out 0.00% −0.22
JNJ Johnson & Johnson Reduce -79.5% 0.05% −0.21
PEP Pepsico Inc. Reduce -72.5% 0.06% −0.18
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.18
MRK Merck & Co. Inc. Reduce -79.6% 0.04% −0.18
ABCL Abcellera Biologics Inc. Sold out 0.00% −0.14
BILS SS Spdrb B 3-12M T-Bill ETF Sold out 0.00% −0.14
TXN Texas Instruments Inc. Sold out 0.00% −0.13
AFL Aflac Inc. Sold out 0.00% −0.13
PM Philip Morris International Sold out 0.00% −0.13
GILD Gilead Sciences Inc. Reduce -46.8% 0.17% −0.13
GS Goldman Sachs Group Inc. Sold out 0.00% −0.12
MDLZ Mondelez International Inc. Class A Reduce -52.5% 0.09% −0.10
BAC Bank of America Corp. Reduce -1.9% 0.64% −0.09
ADP Automatic Data Processing Reduce -50.6% 0.10% −0.09
F Ford Motor Co. Sold out 0.00% −0.09
HON Honeywell International Inc. Reduce -53.0% 0.06% −0.08
CL Colgate-Palmolive Co. Sold out 0.00% −0.08
YOU Clear Secure Inc. Class A Sold out 0.00% −0.08
BMY Bristol-Myers Squibb Co. Sold out 0.00% −0.08
BA The Boeing Co. Sold out 0.00% −0.07
MO Altria Group Inc. Sold out 0.00% −0.07
ABT Abbott Laboratories Reduce -50.5% 0.06% −0.07
UNH Unitedhealth Group Inc. Reduce -10.0% 0.77% −0.07
GIS General Mills Inc. Sold out 0.00% −0.06
ORCL Oracle Corp. Sold out 0.00% −0.06
EPD Enterprise Products Partners Sold out 0.00% −0.05
LRCX Lam Research Corp. Sold out 0.00% −0.05
QCOM Qualcomm Inc. Reduce -49.4% 0.03% −0.05
VTI VG Morningstar TS MKT ETF-US Reduce -4.8% 0.40% −0.05
CINF Cincinnati Financial Corp. Sold out 0.00% −0.04
CSCO Cisco Systems Inc. Reduce -33.9% 0.08% −0.04
COST Costco Wholesale Corp. Reduce -14.2% 0.16% −0.04
ADBE Adobe Inc. Reduce -5.4% 0.11% −0.03
MDT Medtronic PLC Reduce -54.6% 0.02% −0.03
SCHW Schwab (charles) Corp. Sold out 0.00% −0.03
C Citigroup Inc. Sold out 0.00% −0.03
CMCSA Comcast Corp. Class A Reduce -18.8% 0.09% −0.03
FAST Fastenal Co. Sold out 0.00% −0.02
MMM 3M Co. Reduce -25.5% 0.17% −0.02

Portfolio Buys Q2 2024 → Q3 2024
NVDA Nvidia Corp. Add +45.1% 21.31% +4.53
COHR Coherent Corp. New 1.77% +1.77
COR Cencora Inc. Add +91.4% 3.30% +1.36
TSLA Tesla Inc. Add +46.0% 1.26% +0.53
META Meta Platforms Inc. Class A Add +0.9% 16.62% +0.33
ITA iShares U.S. Aerospace & Def New 0.33% +0.33
VOO Vanguard S&P 500 ETF Add +249.1% 0.44% +0.30
VIOO Vanguard S&P Small-Cap 600 E New 0.29% +0.29
IWM iShares Russell 2000 ETF Add +6421.7% 0.28% +0.27
PG The Procter & Gamble Co. Add +42.9% 0.83% +0.21
BIL SS SPDR BB 1-3M T-Bill ETF New 0.20% +0.20
CRM Salesforce Inc. Add +203.2% 0.30% +0.19
MRVL Marvell Technology Inc. New 0.18% +0.18
BRK.B Berkshire Hathaway Inc. Class B Add +107.3% 0.34% +0.17
DELL Dell Technologies -C New 0.15% +0.15
IWY iShares Russell Top 200 Grow New 0.10% +0.10
CAVA Cava Group Inc. Add +0.1% 0.62% +0.10
NPO Enpro Inc. New 0.09% +0.09
XMHQ Invesco S&P Midcap Qual ETF New 0.09% +0.09
PLTR Palantir Technologies Inc. Class A Add +0.0% 0.37% +0.09
MU Micron Technology Inc. New 0.09% +0.09
MSFT Microsoft Corp. Add +17.4% 7.89% +0.05
XLE SS Energy Select Sector Add +454.6% 0.03% +0.03
INGR Ingredion Inc. New 0.03% +0.03
AMGN Amgen Inc. Add +88.0% 0.06% +0.03
ABBV Abbvie Inc. Add +7.7% 0.22% +0.02
IGRO iShares Intl Div Growth ETF New 0.00% +0.00
SLV iShares Silver Trust Add +53.6% 0.01% +0.00
NOBL Proshares S&P 500 Dividend A Add +16.3% 0.01% +0.00
BND Vanguard Total Bond Market Add +8.7% 0.02% +0.00
XLV SS Health Care Select Sector Add +2.8% 0.07% −0.00
MRO Marathon Oil Corp. Add +0.4% 0.07% −0.02
CVX Chevron Corp. Add +0.0% 0.33% −0.06
GOOG Alphabet Inc. Class C Add +0.7% 0.42% −0.09
AMZN Amazon.com Inc. Add +4.3% 4.76% −0.55

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