Belmont Capital, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Belmont Capital, LLC reported 120 stock positions worth $614.7 million. Its top holding was Nvidia (NVDA) at 28.0% of the portfolio, followed by Meta Platforms Class A (META, 15.2%) and Apple (AAPL, 12.6%). Compared with Q3 2024, it opened 5 new positions, sold out of 53, added to 12 and reduced 38. The biggest buy was Nvidia (NVDA, shares +21%) and the biggest sale Apple (AAPL, shares −15%).

Most Recent 13F
Q2 2025
Location
LOS ANGELES, CA
CIK
0001793367
Portfolio Value
$614.7M (Q4 2024)
SEC Filing
0001793367-25-000001 ↗ filed Feb 13, 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 $614.7M Q4 2024 Q1 2025: $556.9M Q1 2025 Q2 2025: $657.5M Q2 2025

Holdings 120 stocks · $614.7M
NVDA Nvidia Corp. 27.96% 1,279,813 $171.9M Add +21.2%
META Meta Platforms Inc. Class A 15.19% 159,496 $93.4M Reduce -8.7%
AAPL Apple Inc. 12.62% 309,765 $77.6M Reduce -15.3%
MSFT Microsoft Corp. 6.54% 95,438 $40.2M Reduce -13.5%
AMZN Amazon.com Inc. 5.01% 140,404 $30.8M Reduce -8.7%
SPY SS SPDR S&P 500 ETF Trust-US 3.41% 35,753 $21.0M Reduce -0.9%
COR Cencora Inc. 3.23% 88,350 $19.9M No change
HD Home Depot Inc. 2.40% 37,894 $14.7M Add +0.6%
APO Apollo Global Management Inc. 2.39% 89,062 $14.7M Add +0.6%
PLTR Palantir Technologies Inc. Class A 2.01% 163,140 $12.3M Add +171.0%
TSLA Tesla Inc. 1.83% 27,887 $11.3M Reduce -4.1%
EFA iShares MSCI Eafe ETF 1.46% 119,023 $9.0M No change
GOOGL Alphabet Inc. Class A 1.39% 45,100 $8.5M Reduce -5.8%
BYD Boyd Gaming Corp. 1.30% 109,883 $8.0M No change
COHR Coherent Corp. 1.23% 80,000 $7.6M Reduce -33.3%
PG The Procter & Gamble Co. 0.79% 28,830 $4.8M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.69% 96,034 $4.2M Reduce -0.4%
NOV Nov Inc. 0.67% 280,191 $4.1M Reduce -15.3%
UNH Unitedhealth Group Inc. 0.65% 7,916 $4.0M No change
VOO Vanguard S&P 500 ETF 0.63% 7,230 $3.9M Add +44.9%
SOFI Sofi Technologies Inc. 0.61% 242,350 $3.7M No change
CAVA Cava Group Inc. 0.55% 30,000 $3.4M Reduce -0.1%
JPM JPMorgan Chase & Co. 0.46% 11,720 $2.8M Reduce -0.1%
AVGO Broadcom Inc. 0.44% 11,615 $2.7M No change
VTI VG Morningstar TS MKT ETF-US 0.40% 8,508 $2.5M No change
CRM Salesforce Inc. 0.27% 5,000 $1.7M Reduce -23.9%
IWM iShares Russell 2000 ETF 0.27% 7,500 $1.7M No change
MRVL Marvell Technology Inc. 0.27% 15,000 $1.7M No change
NOW ServiceNow Inc. 0.26% 1,485 $1.6M No change
RSG Republic Services Inc. 0.23% 7,000 $1.4M No change
ABNB Airbnb Inc. Class A 0.21% 10,000 $1.3M No change
KLAC KLA Corp. 0.20% 2,000 $1.3M New
GOOG Alphabet Inc. Class C 0.20% 6,381 $1.2M Reduce -58.0%
ABBV Abbvie Inc. 0.19% 6,741 $1.2M No change
AFRM Affirm Holdings Inc. 0.18% 18,000 $1.1M No change
BRK.B Berkshire Hathaway Inc. Class B 0.17% 2,285 $1.0M Reduce -47.9%
TRGP Targa Resources Corp. 0.15% 5,000 $893K No change
UPS United Parcel Service Class B 0.14% 7,000 $883K No change
GILD Gilead Sciences Inc. 0.14% 9,412 $869K Reduce -24.2%
CVX Chevron Corp. 0.13% 5,571 $807K Reduce -59.0%
NYT New York Times Co. Class A 0.13% 15,033 $782K No change
ARCT Arcturus Therapeutics Holdin 0.11% 40,000 $679K No change
IWY iShares Russell Top 200 Grow 0.11% 2,847 $670K No change
QQQ Invesco QQQ Trust Series 1 0.11% 1,280 $654K No change
AMAT Applied Materials Inc. 0.11% 4,000 $651K New
XLI SS Industrial Select Sector 0.10% 4,852 $639K Add +5.8%
ADP Automatic Data Processing 0.10% 2,115 $619K No change
NPO Enpro Inc. 0.09% 3,337 $575K Reduce -4.2%
SBUX Starbucks Corp. 0.09% 5,880 $537K No change
COP Conocophillips 0.09% 5,325 $528K Add +414.0%
WFC Wells Fargo & Co. 0.08% 6,690 $470K Reduce -1.5%
DELL Dell Technologies -C 0.07% 4,000 $461K Reduce -46.7%
VST Vistra Corp. 0.07% 3,339 $460K Reduce -6.1%
RSP Invesco S&P 500 Equal Weight 0.07% 2,613 $458K New
ORCL Oracle Corp. 0.07% 2,676 $446K New
ALSN Allison Transmission Holding 0.07% 3,998 $432K No change
TYL Tyler Technologies Inc. 0.07% 700 $404K No change
XLV SS Health Care Select Sector 0.06% 2,818 $388K No change
MA Mastercard Inc. Class A 0.06% 700 $369K No change
MTG Mgic Investment Corp. 0.06% 15,116 $358K No change
AWK American Water Works Co. Inc. 0.06% 2,862 $356K Reduce -0.8%
CRWD CrowdStrike Holdings Inc. Class A 0.06% 1,000 $342K No change
ACWI iShares MSCI Acwi ETF 0.05% 2,697 $317K No change
FIVN FIVE9 Inc. 0.05% 7,640 $310K No change
JEF Jefferies Financial Group Inc. 0.05% 3,863 $303K Reduce -3.9%
PFE Pfizer Inc. 0.05% 11,300 $300K Add +20.9%
NVS Novartis AG-Sponsored ADR 0.05% 3,058 $298K No change
IVV iShares Core S&P 500 ETF 0.05% 500 $294K No change
CMCSA Comcast Corp. Class A 0.05% 7,447 $279K Reduce -40.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.04% 1,248 $274K Reduce -13.8%
COIN Coinbase Global Inc. Class A 0.04% 1,072 $266K No change
R Ryder System Inc. 0.04% 1,654 $259K No change
EBAY eBay Inc. 0.04% 4,118 $255K No change
CMA Comerica Inc. 0.04% 4,090 $253K Reduce -2.4%
SU Suncor Energy Inc. 0.04% 6,592 $235K No change
CNQ Canadian Natural Resources 0.04% 7,592 $234K No change
INTC Intel Corp. 0.04% 11,656 $234K Add +871.3%
XLK SS Technology Select Sector 0.04% 1,000 $233K No change
HRB H&R Block Inc. filed as BLOCK H & R INC 0.03% 4,000 $211K No change
MMM 3M Co. 0.03% 1,603 $207K Reduce -78.8%
COST Costco Wholesale Corp. 0.03% 200 $183K Reduce -81.4%
ABT Abbott Laboratories 0.03% 1,593 $180K Reduce -52.2%
JNJ Johnson & Johnson 0.03% 1,190 $172K Reduce -39.9%
LMT Lockheed Martin Corp. 0.03% 344 $167K No change
INGR Ingredion Inc. 0.03% 1,169 $161K No change
MCD McDonald's Corp. 0.03% 552 $160K Reduce -66.3%
V Visa Inc. Class A 0.03% 500 $158K Reduce -75.3%
AMGN Amgen Inc. 0.03% 606 $158K Reduce -46.8%
QCOM Qualcomm Inc. 0.03% 1,024 $157K No change
UNP Union Pacific Corp. 0.02% 668 $152K Reduce -63.0%
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.02% 1,740 $148K No change
EOG EOG Resources Inc. 0.02% 1,208 $148K No change
VT Vanguard Tot World STK ETF 0.02% 1,205 $142K No change
KO The Coca-Cola Co. 0.02% 2,014 $125K Reduce -1.6%
ELV Elevance Health Inc. 0.02% 300 $111K No change
BND Vanguard Total Bond Market 0.02% 1,502 $108K Reduce -17.3%
NOBL Proshares S&P 500 Dividend A 0.02% 1,076 $107K Add +27.9%
IWF iShares Russell 1000 Growth 0.02% 266 $107K No change
SHOP Shopify Inc. Class A 0.02% 1,000 $106K No change
AMT American Tower Corp. 0.01% 345 $63K Reduce -85.6%
VEU Vanguard Ftse All-World Ex-U 0.01% 997 $57K No change
GLD SPDR Gold Shares 0.01% 201 $49K No change
GDX Vaneck Gold Miners ETF 0.01% 1,369 $46K Add +11.7%
SLV iShares Silver Trust 0.01% 1,501 $40K No change
XLE SS Energy Select Sector 0.01% 430 $37K Reduce -82.0%
PRF Invesco Rafi US 1000 ETF 0.00% 750 $30K No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.00% 339 $26K Add +85.3%
CAT Caterpillar Inc. 0.00% 70 $25K No change
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 0.00% 747 $24K No change
LRCX Lam Research Corp. 0.00% 264 $19K New
PXF Invesco Rafi Developed Marke 0.00% 361 $17K No change
SILJ Amplify Junior Silver Miners 0.00% 1,184 $12K No change
BABA Alibaba Group Holding-SP ADR 0.00% 100 $8K No change
IWN iShares Russell 2000 Value E 0.00% 25 $4K 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
FXI iShares China Large-Cap ETF 0.00% 50 $2K No change
LIT Global X Lithium & Battery T 0.00% 33 $1K No change
EWZ iShares MSCI Brazil ETF 0.00% 50 $1K No change
MIND MEDICINE MINDMED INC 0.00% 6 $42 No change

Portfolio Sells Q3 2024 → Q4 2024
AAPL Apple Inc. Reduce -15.3% 12.62% −1.54
META Meta Platforms Inc. Class A Reduce -8.7% 15.19% −1.43
MSFT Microsoft Corp. Reduce -13.5% 6.54% −1.34
COHR Coherent Corp. Reduce -33.3% 1.23% −0.54
RY Royal Bank of Canada Sold out 0.00% −0.39
ITA iShares U.S. Aerospace & Def Sold out 0.00% −0.33
VIOO Vanguard S&P Small-Cap 600 E Sold out 0.00% −0.29
MSI Motorola Solutions Inc. Sold out 0.00% −0.23
GOOG Alphabet Inc. Class C Reduce -58.0% 0.20% −0.22
ICE Intercontinental Exchange Inc. Sold out 0.00% −0.22
NOV Nov Inc. Reduce -15.3% 0.67% −0.21
CVX Chevron Corp. Reduce -59.0% 0.13% −0.20
BIL SS SPDR BB 1-3M T-Bill ETF Sold out 0.00% −0.20
HCA HCA Healthcare Inc. Sold out 0.00% −0.18
BRK.B Berkshire Hathaway Inc. Class B Reduce -47.9% 0.17% −0.17
ETN Eaton Corp. PLC Sold out 0.00% −0.14
MMM 3M Co. Reduce -78.8% 0.03% −0.14
TT Trane Technologies PLC Sold out 0.00% −0.13
USFD US Foods Holding Corp. Sold out 0.00% −0.13
COST Costco Wholesale Corp. Reduce -81.4% 0.03% −0.13
ADBE Adobe Inc. Sold out 0.00% −0.11
XMHQ Invesco S&P Midcap Qual ETF Sold out 0.00% −0.09
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.09
PGR Progressive Corp. Sold out 0.00% −0.09
MU Micron Technology Inc. Sold out 0.00% −0.09
ACN Accenture PLC Class A Sold out 0.00% −0.08
AMT American Tower Corp. Reduce -85.6% 0.01% −0.08
CSX CSX Corp. Sold out 0.00% −0.08
CSCO Cisco Systems Inc. Sold out 0.00% −0.08
NFLX Netflix Inc. Sold out 0.00% −0.08
RTX RTX Corp. Sold out 0.00% −0.07
MRO Marathon Oil Corp. Sold out 0.00% −0.07
DELL Dell Technologies -C Reduce -46.7% 0.07% −0.07
CAVA Cava Group Inc. Reduce -0.1% 0.55% −0.07
V Visa Inc. Class A Reduce -75.3% 0.03% −0.07
BALL Ball Corp. Sold out 0.00% −0.07
ITW Illinois Tool Works Sold out 0.00% −0.06
MNST Monster Beverage Corp. Sold out 0.00% −0.06
PEP Pepsico Inc. Sold out 0.00% −0.06
HON Honeywell International Inc. Sold out 0.00% −0.06
MCD McDonald's Corp. Reduce -66.3% 0.03% −0.06
PYPL PayPal Holdings Inc. Sold out 0.00% −0.05
BJ Bj's Wholesale Club Holdings Sold out 0.00% −0.05
UNP Union Pacific Corp. Reduce -63.0% 0.02% −0.05
LOW Lowe's Cos Inc. Sold out 0.00% −0.05
ROK Rockwell Automation Inc. Sold out 0.00% −0.05
YUM Yum! Brands Inc. Sold out 0.00% −0.04
ADI Analog Devices Inc. Sold out 0.00% −0.04
CMCSA Comcast Corp. Class A Reduce -40.4% 0.05% −0.04
MRK Merck & Co. Inc. Sold out 0.00% −0.04

Portfolio Buys Q3 2024 → Q4 2024
NVDA Nvidia Corp. Add +21.2% 27.96% +6.65
PLTR Palantir Technologies Inc. Class A Add +171.0% 2.01% +1.64
APO Apollo Global Management Inc. Add +0.6% 2.39% +0.56
KLAC KLA Corp. New 0.20% +0.20
VOO Vanguard S&P 500 ETF Add +44.9% 0.63% +0.20
AMAT Applied Materials Inc. New 0.11% +0.11
RSP Invesco S&P 500 Equal Weight New 0.07% +0.07
ORCL Oracle Corp. New 0.07% +0.07
COP Conocophillips Add +414.0% 0.09% +0.07
INTC Intel Corp. Add +871.3% 0.04% +0.03
PFE Pfizer Inc. Add +20.9% 0.05% +0.00
LRCX Lam Research Corp. New 0.00% +0.00
NOBL Proshares S&P 500 Dividend A Add +27.9% 0.02% +0.00
XLU St Sr Utl SL SE SPDR ETF-Usd Add +85.3% 0.00% +0.00
XLI SS Industrial Select Sector Add +5.8% 0.10% +0.00
GDX Vaneck Gold Miners ETF Add +11.7% 0.01% −0.00
HD Home Depot Inc. Add +0.6% 2.40% −0.14

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