Belvedere Trading LLC

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 1, 2025), Belvedere Trading LLC reported 224 stock positions worth $1.3 billion. Its top holding was Strategy (MSTR) at 29.9% of the portfolio, followed by Nvidia (NVDA, 13.8%) and Vaneck Semiconductor ETF (SMH, 8.3%). Compared with Q1 2025, it opened 135 new positions, sold out of 91, added to 39 and reduced 49. The biggest buy was a new position in Vaneck Semiconductor ETF (SMH) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −82%).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001632341
Portfolio Value
$1.3B (Q2 2025)
SEC Filing
0001062993-25-013409 ↗ filed Aug 1, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.4B Q1 2024 Q2 2024: $1.9B Q2 2024 Q3 2024: $1.7B Q3 2024 Q4 2024: $1.3B Q4 2024 Q1 2025: $1.2B Q1 2025 Q2 2025: $1.3B $1.3B Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $540.2M Q4 2025 Q1 2026: $749.8M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 224 stocks · $1.3B

MSTR Strategy Inc. filed as MICROSTRATEGY INC 29.91% 939,151 $379.6M Add +4.7%
NVDA Nvidia Corp. 13.78% 1,107,341 $174.9M Reduce -55.0%
SMH Vaneck Semiconductor ETF 8.31% 378,298 $105.5M New
IBIT iShares Bitcoin Trust ETF 7.54% 1,563,391 $95.7M Add +2525.3%
SPY SS SPDR S&P 500 ETF Trust-US 5.13% 105,417 $65.1M Reduce -81.9%
AMD Advanced Micro Devices 5.04% 450,918 $64.0M Reduce -7.5%
AVGO Broadcom Inc. 4.70% 216,437 $59.7M Add +73.7%
QQQ Invesco QQQ Trust Series 1 4.25% 97,711 $53.9M New
SMCI Super Micro Computer Inc. 3.55% 919,958 $45.1M New
IWM iShares Russell 2000 ETF 3.13% 184,395 $39.8M Reduce -7.9%
GLD SPDR Gold Shares 2.65% 110,487 $33.7M New
META Meta Platforms Inc. Class A 1.43% 24,611 $18.2M Reduce -76.1%
AMZN Amazon.com Inc. 1.41% 81,294 $17.8M Reduce -53.6%
PPLT Abrdn Physical Platinum SHRS 0.85% 87,902 $10.8M Add +4692.9%
VOO Vanguard S&P 500 ETF 0.69% 15,439 $8.8M Add +6.4%
TSLA Tesla Inc. 0.58% 23,007 $7.3M Reduce -42.7%
SLV iShares Silver Trust 0.48% 186,270 $6.1M New
AAPL Apple Inc. 0.43% 26,310 $5.4M Reduce -71.3%
EFA iShares MSCI Eafe ETF 0.41% 57,755 $5.2M New
EEM iShares MSCI Emerging Market 0.32% 83,356 $4.0M Add +95.8%
PALL Abrdn Physical Palladium SHS 0.23% 28,907 $2.9M Add +213.5%
RINF Proshares Inflation Expectat 0.21% 81,836 $2.7M New
SLVR Sprott SLVR Miner & PHY SLVR 0.20% 84,104 $2.5M New
BITU Proshares Ultra Bitcoin ETF 0.17% 41,177 $2.1M Reduce -44.7%
TIDAL TRUST II 0.16% 94,113 $2.0M New
SGDJ Sprott Jr. Gold Miners ETF 0.15% 38,671 $1.9M New
ARGT Global X MSCI Argentina ETF 0.14% 21,033 $1.8M Add +2.5%
NVDX T-Rex 2X LNG Nvidia DLY TRGT 0.14% 121,969 $1.8M Add +80.2%
IYY iShares Dow Jones U.S. ETF 0.13% 11,012 $1.7M Add +1392.1%
HIMS Hims & Hers Health Inc. 0.11% 29,235 $1.5M New
UGL Proshares Ultra Gold 0.11% 41,400 $1.4M New
CWEB Dirxn DLY Csi Cii B2X ETF-Ui 0.11% 34,624 $1.4M Add +8.3%
SCHB Schwab US Broad Market ETF 0.10% 50,954 $1.2M New
GDX Vaneck Gold Miners ETF 0.10% 23,209 $1.2M Reduce -27.4%
CONL Granitesh 2X LNG Coin ETF-US 0.09% 24,529 $1.1M New
GDXJ Vaneck Junior Gold Miners 0.08% 15,346 $1.0M New
HOOD Robinhood Markets Inc. Class A 0.08% 10,854 $1.0M New
MTUM iShares MSCI USA Momentum Fa 0.08% 4,210 $1.0M Reduce -15.8%
NVDU Direxion Daily Nvda Bull 2X 0.08% 10,002 $990K Add +280.2%
UDN Invesco DB US Dollar Index B 0.07% 47,846 $905K Reduce -8.4%
COIN Coinbase Global Inc. Class A 0.07% 2,547 $893K New
TMF Dir DLY 20+YR TR BL3X ETF-Ui 0.07% 22,232 $872K Add +4681.1%
BTCL T-Rex 2X Long Bitcoin Daily 0.07% 16,044 $860K Add +111.4%
GRANITESHARES ETF TR 0.07% 353,049 $851K New
GGLL Direxion Daily Googl Bull 2X 0.06% 23,250 $808K New
GOOGL Alphabet Inc. Class A 0.06% 4,553 $802K New
SIVR Abrdn Physical Silver Shares 0.06% 21,572 $742K New
VRT Vertiv Holdings Co. Class A 0.06% 5,652 $726K New
DIREXION SHS ETF TR 0.06% 28,490 $703K New
QTUM Defiance Quantum ETF 0.05% 7,503 $689K New
COF Capital One Financial Corp. 0.05% 3,231 $687K New
NLR Vaneck Urani & Nuclr ETF-Usd 0.05% 5,904 $656K Reduce -59.4%
LISTED FDS TR 0.05% 22,303 $650K New
ETF OPPORTUNITIES TRUST 0.05% 377,260 $622K Add +177.3%
PLTY Yieldmax PLTR Option Inc. ETF 0.05% 9,493 $610K New
SOXL Direx Dail Semi Bu 3X Et-Usd 0.05% 23,831 $598K Reduce -81.4%
DIREXION DAILY SEMI BEAR 3X 0.05% 75,719 $597K Add +8.7%
HUT Hut 8 Corp. 0.05% 31,491 $586K Add +2.0%
GME Gamestop Corp. Class A 0.04% 19,508 $476K Reduce -50.8%
AEVA Aeva Technologies Inc. 0.04% 12,231 $462K New
TUA Sim St Treas Fut Strat ETF filed as SIMPLIFY EXCHANGE TRADED FUN 0.03% 19,701 $434K New
HUYA Huya Inc.-ADR 0.03% 122,958 $433K Reduce -78.6%
EDV Vanguard Extended Dur Treas 0.03% 6,400 $431K New
TIDAL TRUST II 0.03% 65,119 $410K Add +16220.5%
ITUB Itau Unibanco H-Spon PRF ADR 0.03% 56,789 $386K New
VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC 0.03% 7,968 $383K New
RBLU T-Rex 2X LNG RBLX DLY TRGT 0.03% 5,889 $377K New
UTHY F/M US Treasury 30 Year Bond 0.03% 8,794 $368K New
SLYG SS SPDR S&P 600 SC GR ETF 0.03% 4,100 $364K New
BKCH Global X Blockchain ETF 0.03% 6,600 $348K Add +28.2%
ROBN T-Rex 2X LNG Hod DLY Tar ETF 0.03% 6,583 $344K Reduce -92.5%
TNA Dir Dai SML Ca Bul 3X Et-Usd 0.03% 10,258 $344K New
DIREXION SHARES ETF TRUST 0.03% 28,769 $341K New
SMCY YM Smci Opt Income Strat ETF 0.03% 15,682 $333K Add +331.2%
COOP Mr Cooper Group Inc. 0.03% 2,211 $330K Add +344.0%
ARM Arm Holdings PLC-ADR 0.03% 2,037 $329K New
BIL SS SPDR BB 1-3M T-Bill ETF 0.03% 3,587 $329K Reduce -4.2%
GMEU T-Rex 2X Long Gme DLY Ta ETF 0.02% 18,737 $303K New
NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU 0.02% 5,311 $300K New
CNR Core Natural Resources Inc. 0.02% 4,252 $297K Reduce -34.8%
EMXC iShares MSCI Emr MRK Ex Chna 0.02% 4,657 $294K New
BITO Proshares Bitcoin ETF-Usd 0.02% 13,594 $292K New
ARR Armour Residential REIT Inc. 0.02% 16,864 $283K Add +1.6%
KOLD Proshares Ultrashort Bloombe 0.02% 10,883 $279K New
PROSHARES ULTRA BLOOMBERG NA 0.02% 6,028 $278K New
VEON Veon Ltd. 0.02% 5,728 $264K Add +102.9%
IYM iShares U.S. Basic Materials 0.02% 1,872 $262K New
VIXY Proshares Vix Short-Term Fut 0.02% 5,563 $261K New
ETHA iShares Ethereum Trust ETF 0.02% 13,585 $259K New
FTK Flotek Industries Inc. 0.02% 17,544 $259K New
TQQQ Proshares Ultrapro QQQ 0.02% 3,021 $251K New
XMMO Invesco S&P Midcap Momentum 0.02% 1,942 $250K Reduce -74.8%
DFDV Defi Development Corp. 0.02% 11,625 $249K New
SQQQ Proshares TR 0.02% 12,699 $249K New
PTEC Global X Proptech ETF 0.02% 6,600 $245K New
JAAA Janus Henderson Aaa Clo ETF 0.02% 4,744 $241K New
QUBT Quantum Computing Inc. 0.02% 12,557 $241K New
AAAU Goldman Sachs Physical Gold 0.02% 7,323 $239K New
AQWA Global X Clean Water ETF 0.02% 12,600 $239K New
LEN Lennar Corp. Class A 0.02% 2,082 $230K Reduce -81.3%
EEMX State Street SPDR MSCI Emerg 0.02% 6,139 $230K Reduce -43.9%
INDA iShares MSCI India ETF 0.02% 4,116 $229K New
DXJ Wisdomtree Japan Hedged Eq 0.02% 2,000 $229K New
CEE Central and Eastern Europe F 0.02% 14,395 $223K No change
LFGY Yldmx CRYP in & T P Op I ETF 0.02% 5,411 $220K Add +116.9%
EXCHANGE TRADED CONCEPTS TRU 0.02% 11,131 $220K New
DJT Trump Media & Technology Gro 0.02% 12,005 $217K New
NFLX Netflix Inc. 0.02% 161 $216K New
IVV iShares Core S&P 500 ETF 0.02% 342 $212K New
BAI Ishrs AI in and Tech Act ETF 0.02% 7,194 $208K New
BABO Yieldmax Baba Opt Inc. St ETF 0.02% 13,301 $203K New
CIB Grupo Cibest SA-ADR 0.02% 4,380 $202K New
IPO Renaissance Ipo ETF 0.02% 4,500 $202K New
TIDAL TRUST II 0.02% 4,031 $199K Add +1226.0%
YBTC Roundhill Bitcoin CC STR ETF 0.02% 4,256 $199K Add +322.6%
PLTW Roundhill PLTR Weeklypay ETF 0.01% 4,384 $188K New
INVESTMENT MANAGERS SER TR I 0.01% 2,595 $179K New
ASPI Asp Isotopes Inc. 0.01% 23,630 $174K New
AMZY Yieldmax Amazn Option Income 0.01% 10,359 $168K New
EUAD Select Stoxx Eur Aer DE ETF 0.01% 3,867 $167K New
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM 0.01% 2,477 $161K Reduce -19.5%
VERA Vera Therapeutics Inc. 0.01% 6,817 $161K New
AVUV Avantis US Small Cap Value 0.01% 1,754 $160K New
MSFT Microsoft Corp. 0.01% 314 $156K New
MAGX Rdhill Daily 2X LM Seven ETF 0.01% 3,511 $150K New
METU Direx DLY Meta Bul 2X ETF-US 0.01% 3,183 $145K Reduce -54.7%
AIFC AI Financial Corp. filed as ALT5 SIGMA CORP 0.01% 19,015 $138K Reduce -0.5%
TIDAL TRUST II 0.01% 16,610 $135K Reduce -9.7%
TARK Tradr 2X Long Innovation ETF 0.01% 2,341 $132K New
TIDAL TRUST II 0.01% 3,175 $128K Reduce -44.1%
VEA Vanguard Ftse Developed ETF 0.01% 2,209 $126K New
RLJ RLJ Lodging Trust 0.01% 17,194 $125K New
SHO Sunstone Hotel Investors Inc. 0.01% 14,164 $123K New
GBTC Grayscale Bitcoin Trust ETF 0.01% 1,446 $123K New
AGQ Proshares Ultra Silver 0.01% 2,558 $121K Reduce -88.2%
DIREXION DLY S&P 500 BEAR 3X 0.01% 25,517 $120K Reduce -40.8%
NVDG Leverage Shares 2X Nvda 0.01% 7,896 $119K New
SVOL Simplify Volatility Premium 0.01% 6,427 $118K New
TDOC Teladoc Health Inc. 0.01% 12,944 $113K New
ITA iShares U.S. Aerospace & Def 0.01% 589 $111K New
TDUP Thredup Inc. Class A 0.01% 14,822 $111K New
TIDAL TRUST II 0.01% 4,982 $110K Reduce -79.9%
DHT DHT Holdings Inc. 0.01% 10,065 $109K Add +162.0%
MSTZ T-Rex 2X Inverse MSTR DT ETF 0.01% 25,051 $105K Add +65.5%
NFE New Fortress Energy Inc. 0.01% 31,108 $103K New
SOUN Soundhound AI Inc. Class A 0.01% 9,535 $102K Add +26.3%
ECHO Echostar Corp. Class A 0.01% 3,629 $101K New
COGT Cogent Biosciences Inc. 0.01% 13,727 $99K New
CONY Tidal Trust II 0.01% 28,614 $98K New
AVGX Defiance DLY TRG 2X LNG Avgo 0.01% 2,650 $95K Reduce -50.4%
CRCL Circle Internet Group Inc. 0.01% 522 $95K New
RDDT Reddit Inc. Class A 0.01% 543 $82K Reduce -20.3%
SVIX -1X Short Vix Futures ETF 0.01% 5,268 $82K Reduce -41.2%
AIRJ Airjoule Technologies Corp. 0.01% 17,565 $81K New
XLG Invesco S&P 500 Top 50 ETF 0.01% 1,513 $79K New
VOOG Vanguard S&P 500 Growth ETF 0.01% 189 $75K Reduce -89.6%
VTEB Vanguard Tax-Exempt Bond ETF 0.01% 1,519 $74K New
BBAI Bigbear.ai Holdings Inc. 0.01% 10,933 $74K New
SVC Service Pptys TR 0.01% 30,357 $73K New
USAR USA Rare Earth Inc. 0.01% 6,353 $70K New
BABX Granitesh 2XLNG Baba ETF-Usd 0.01% 2,725 $68K New
APLD Applied Digital Corp. 0.01% 6,626 $67K New
DAX Global X Dax Germany ETF 0.01% 1,474 $66K New
ARMU T-Rex 2X LNG Arm DLY TRG ETF 0.01% 1,754 $65K New
CRWL Graniteshares 2X L CRWD ETF 0.01% 1,502 $64K Reduce -46.5%
RMNI Rimini Street Inc. 0.01% 16,849 $64K New
AVAH Aveanna Healthcare Holdings 0.00% 11,936 $62K New
CIFR Cipher Digital Inc. 0.00% 12,687 $61K Reduce -21.5%
IYW iShares Ustechnology ETF 0.00% 343 $59K New
ULCC Frontier Group Holdings Inc. 0.00% 16,330 $59K New
TNGX Tango Therapeutics Inc. 0.00% 11,231 $58K New
LODE Comstock Inc. 0.00% 14,505 $55K New
TIDAL TRUST II 0.00% 10,995 $52K New
WEBL Dirxn DLY DJNS Int BL3 E-Usi 0.00% 1,616 $48K New
TSL Graniteshares 1.25 Long Tsla 0.00% 3,767 $47K Add +403.6%
INVESTMENT MANAGERS SER TR I 0.00% 2,124 $47K New
NVS Novartis AG-Sponsored ADR 0.00% 364 $44K Reduce -65.4%
INVESTMENT MANAGERS SER TR I 0.00% 1,105 $43K New
TIDAL TRUST II 0.00% 4,660 $38K Reduce -50.5%
RDTE Roundhill Russell 2000 0DTE 0.00% 1,071 $37K Add +38.9%
YETH Roundhill Etr Co. Call St ETF 0.00% 1,378 $34K New
FNCL Fidelity MSCI Financial Indx 0.00% 459 $34K New
ETF OPPORTUNITIES TRUST 0.00% 3,773 $33K Reduce -93.9%
OCFT Oneconnect Financial Techno 0.00% 4,345 $31K Reduce -26.2%
PL Planet Labs PBC 0.00% 5,002 $31K Add +596.7%
EXFY Expensify Inc. Class A 0.00% 10,344 $27K New
BIDU Baidu Inc. - Spon ADR 0.00% 303 $26K Reduce -95.4%
PROSHARES TR II 0.00% 1,351 $25K Reduce -96.8%
SMST Defiance DLY TRG 2X SHR MSTR 0.00% 994 $24K New
AVL Direx Dai Av Bull 2X ETF-Usd 0.00% 610 $24K New
MVST Microvast Holdings Inc. 0.00% 6,404 $23K New
TIDAL TRUST II 0.00% 4,912 $21K New
YMAX Yieldmax Universe Fo in Etfs 0.00% 1,521 $21K New
MSTY Tidal Trust II 0.00% 8,532 $20K Add +16.4%
SIRI Sirius XM Holdings Inc. 0.00% 864 $20K Reduce -2.0%
RILY BRC Group Holdings Inc. filed as B. RILEY FINANCIAL INC 0.00% 6,481 $19K New
BKKT Bakkt Inc. filed as BAKKT HOLDINGS INC 0.00% 1,330 $19K Add +1.1%
FTEC Fidelity MSCI Info Tech Indx 0.00% 93 $18K Reduce -78.8%
YQ 17 Education & Technology GR filed as 17 ED & TECHNOLOGY GROUP INC 0.00% 7,293 $16K Add +12.3%
QSI Quantum-Si Inc. 0.00% 7,222 $14K New
PSQ HOLDINGS INC 0.00% 6,241 $13K Add +40.1%
KBWP Invesco KBW Property & Casua 0.00% 100 $12K New
BYND Beyond Meat Inc. 0.00% 3,301 $12K New
JUCY Aptus Enhanced Yield ETF 0.00% 498 $11K New
KORU Direxion DLY M SK Bull 3X-Ui 0.00% 127 $10K New
BZFD Buzzfeed Inc. 0.00% 4,925 $10K Add +11.6%
MARA Mara Holdings Inc. 0.00% 599 $9K New
CRPT FT Skybr Crypt & Dig Econ 0.00% 400 $9K New
ETF OPPORTUNITIES TRUST 0.00% 762 $8K New
BITS Global X Block & Bit Strat 0.00% 100 $7K New
JFIN Jiayin Group Inc.-ADR 0.00% 438 $7K Reduce -93.3%
PHO Invesco Water Resources ETF 0.00% 71 $5K New
BGFV Big 5 Sporting Goods Corp. 0.00% 3,297 $5K Add +90.0%
HUDSON PAC PPTYS INC 0.00% 1,318 $4K New
CGC Canopy Growth Corp. 0.00% 2,131 $3K Add +12.2%
AIBU Direxion Daily AI and Big Da 0.00% 53 $2K New
SQQQ Proshares TR 0.00% 100 $1K Reduce -80.0%
FARADAY FUTURE INTLGT ELEC I 0.00% 806 $1K Reduce -62.6%
GRAB Grab Holdings Ltd. Class A 0.00% 197 $991 Reduce -89.7%
LAZRQ Luminar Technologies Inc. 0.00% 231 $663 New
VGT Vanguard Info Tech ETF 0.00% 1 $663 New
ETHU 2X Ether ETF 0.00% 2 $113 New
MULLEN AUTOMOTIVE INC 0.00% 163 $70 New
LANZATECH GLOBAL INC 0.00% 5 $1 Reduce -97.8%

Options reported separately and not counted above: SPY puts ($21.9B), SPY calls ($20.4B), QQQ puts ($5.2B), NVDA puts ($4.8B), QQQ calls ($4.3B), NVDA calls ($4.3B), TSLA puts ($3.9B), TSLA calls ($3.2B), META calls ($1.8B), MSTR puts ($1.7B), IWM puts ($1.5B), META puts ($1.3B), and 568 more.

Portfolio Sells Q1 2025 → Q2 2025

SPY SS SPDR S&P 500 ETF Trust-US Reduce -81.9% 5.13% −23.10
NVDA Nvidia Corp. Reduce -55.0% 13.78% −9.35
META Meta Platforms Inc. Class A Reduce -76.1% 1.43% −3.72
AMZN Amazon.com Inc. Reduce -53.6% 1.41% −1.49
AAPL Apple Inc. Reduce -71.3% 0.43% −1.34
IWM iShares Russell 2000 ETF Reduce -7.9% 3.13% −0.33
TSLA Tesla Inc. Reduce -42.7% 0.58% −0.33
TSLL Dirx DLY Tsla Bul 2X ETF-Aui Sold out 0.00% −0.27
XOM Exxon Mobil Corp. Sold out 0.00% −0.20
BITX 2X Bitcoin ETF Sold out 0.00% −0.13
SOXL Direx Dail Semi Bu 3X Et-Usd Reduce -81.4% 0.05% −0.13
HUYA Huya Inc.-ADR Reduce -78.6% 0.03% −0.13
LEN Lennar Corp. Class A Reduce -81.3% 0.02% −0.09
PROSHARES TR II Reduce -96.8% 0.00% −0.08
INVESTMENT MANAGERS SER TR I Sold out 0.00% −0.08
AGQ Proshares Ultra Silver Reduce -88.2% 0.01% −0.08
ARKK ARK Innovation ETF Sold out 0.00% −0.07
AZEK The Azek Co. Inc. Sold out 0.00% −0.07
ROBN T-Rex 2X LNG Hod DLY Tar ETF Reduce -92.5% 0.03% −0.07
EETH Proshares Ether ETF-Usd Inc. Sold out 0.00% −0.06
XMMO Invesco S&P Midcap Momentum Reduce -74.8% 0.02% −0.06
BIDU Baidu Inc. - Spon ADR Reduce -95.4% 0.00% −0.05
IEF iShares 7-10 Year Treasury B Sold out 0.00% −0.05
BITU Proshares Ultra Bitcoin ETF Reduce -44.7% 0.17% −0.05
VOOG Vanguard S&P 500 Growth ETF Reduce -89.6% 0.01% −0.05
JNUG Dirx DLY Junr Gmi B2X ETF-Ui Sold out 0.00% −0.04
PTIR Graniteshares 2X PLTR ETF Sold out 0.00% −0.04
URE Proshares Ultra Real Estate Sold out 0.00% −0.04
NLR Vaneck Urani & Nuclr ETF-Usd Reduce -59.4% 0.05% −0.04
GME Gamestop Corp. Class A Reduce -50.8% 0.04% −0.04
UYG Proshares Ultra Financials Sold out 0.00% −0.04
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.04
SRLN SS Blackstone Sr Loan ETF Sold out 0.00% −0.04
TIDAL TRUST II Reduce -79.9% 0.01% −0.03
CURE Direx DLY Hea Bul 3X ETF-Usd Sold out 0.00% −0.03
CBNK Capital Bancorp Inc. Sold out 0.00% −0.03
GDX Vaneck Gold Miners ETF Reduce -27.4% 0.10% −0.03
COMT iShares Gsci Commodity Dynam Sold out 0.00% −0.03
PLTU Dire DLY PLTR Bul 2X ETF-Usd Sold out 0.00% −0.03
TSLR Granitesh 2X LNG Tsla ETF Sold out 0.00% −0.03
SPXL Direxion Daily S&P 500 Bull Sold out 0.00% −0.03
ETF OPPORTUNITIES TRUST Reduce -93.9% 0.00% −0.03
IHY Vaneck Int High Yield Bond Sold out 0.00% −0.03
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −0.02
UNL United States 12 Month Natur Sold out 0.00% −0.02
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −0.02
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −0.02
FXL First Trust Technology Alpha Sold out 0.00% −0.02
NUGT Dirxn DLY GM Indx B2X ETF-Ui Sold out 0.00% −0.02
TSLT T-Rex 2X LNG Tesla DLY TRGT Sold out 0.00% −0.02

Portfolio Buys Q1 2025 → Q2 2025

SMH Vaneck Semiconductor ETF New 8.31% +8.31
MSTR Strategy Inc. Add +4.7% 29.91% +7.49
IBIT iShares Bitcoin Trust ETF Add +2525.3% 7.54% +7.30
QQQ Invesco QQQ Trust Series 1 New 4.25% +4.25
SMCI Super Micro Computer Inc. New 3.55% +3.55
AVGO Broadcom Inc. Add +73.7% 4.70% +2.89
GLD SPDR Gold Shares New 2.65% +2.65
PPLT Abrdn Physical Platinum SHRS Add +4692.9% 0.85% +0.84
SLV iShares Silver Trust New 0.48% +0.48
EFA iShares MSCI Eafe ETF New 0.41% +0.41
RINF Proshares Inflation Expectat New 0.21% +0.21
SLVR Sprott SLVR Miner & PHY SLVR New 0.20% +0.20
TIDAL TRUST II New 0.16% +0.16
PALL Abrdn Physical Palladium SHS Add +213.5% 0.23% +0.16
EEM iShares MSCI Emerging Market Add +95.8% 0.32% +0.16
SGDJ Sprott Jr. Gold Miners ETF New 0.15% +0.15
IYY iShares Dow Jones U.S. ETF Add +1392.1% 0.13% +0.12
HIMS Hims & Hers Health Inc. New 0.11% +0.11
UGL Proshares Ultra Gold New 0.11% +0.11
SCHB Schwab US Broad Market ETF New 0.10% +0.10
NVDX T-Rex 2X LNG Nvidia DLY TRGT Add +80.2% 0.14% +0.09
CONL Granitesh 2X LNG Coin ETF-US New 0.09% +0.09
GDXJ Vaneck Junior Gold Miners New 0.08% +0.08
HOOD Robinhood Markets Inc. Class A New 0.08% +0.08
COIN Coinbase Global Inc. Class A New 0.07% +0.07
TMF Dir DLY 20+YR TR BL3X ETF-Ui Add +4681.1% 0.07% +0.07
GRANITESHARES ETF TR New 0.07% +0.07
NVDU Direxion Daily Nvda Bull 2X Add +280.2% 0.08% +0.07
GGLL Direxion Daily Googl Bull 2X New 0.06% +0.06
GOOGL Alphabet Inc. Class A New 0.06% +0.06
SIVR Abrdn Physical Silver Shares New 0.06% +0.06
VRT Vertiv Holdings Co. Class A New 0.06% +0.06
DIREXION SHS ETF TR New 0.06% +0.06
QTUM Defiance Quantum ETF New 0.05% +0.05
COF Capital One Financial Corp. New 0.05% +0.05
LISTED FDS TR New 0.05% +0.05
PLTY Yieldmax PLTR Option Inc. ETF New 0.05% +0.05
BTCL T-Rex 2X Long Bitcoin Daily Add +111.4% 0.07% +0.05
VOO Vanguard S&P 500 ETF Add +6.4% 0.69% +0.04
AEVA Aeva Technologies Inc. New 0.04% +0.04
TUA Sim St Treas Fut Strat ETF New 0.03% +0.03
EDV Vanguard Extended Dur Treas New 0.03% +0.03
TIDAL TRUST II Add +16220.5% 0.03% +0.03
ITUB Itau Unibanco H-Spon PRF ADR New 0.03% +0.03
VXX Ipath Series B S&P 500 Vix New 0.03% +0.03
RBLU T-Rex 2X LNG RBLX DLY TRGT New 0.03% +0.03
UTHY F/M US Treasury 30 Year Bond New 0.03% +0.03
SLYG SS SPDR S&P 600 SC GR ETF New 0.03% +0.03
TNA Dir Dai SML Ca Bul 3X Et-Usd New 0.03% +0.03
DIREXION SHARES ETF TRUST New 0.03% +0.03

Options Activity Q1 2025 → Q2 2025

SPY SS SPDR S&P 500 ETF Trust-US put Reduce -24.6% 35,437,400 $21.9B
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -32.1% 32,996,000 $20.4B
QQQ Invesco QQQ Trust Series 1 put Add +2.2% 9,395,200 $5.2B
NVDA Nvidia Corp. put Reduce -10.7% 30,220,500 $4.8B
QQQ Invesco QQQ Trust Series 1 call Reduce -13.3% 7,819,400 $4.3B
NVDA Nvidia Corp. call Add +1.3% 26,976,600 $4.3B
TSLA Tesla Inc. put Add +22.4% 12,181,000 $3.9B
TSLA Tesla Inc. call Reduce -9.1% 9,998,500 $3.2B
META Meta Platforms Inc. Class A call Reduce -20.3% 2,414,300 $1.8B
MSTR Strategy Inc. put Add +23.3% 4,174,100 $1.7B
IWM iShares Russell 2000 ETF put Add +13.6% 6,996,300 $1.5B
META Meta Platforms Inc. Class A put Reduce -19.7% 1,709,600 $1.3B
MSTR Strategy Inc. call Add +8.1% 2,749,200 $1.1B
IWM iShares Russell 2000 ETF call Reduce -8.8% 4,952,200 $1.1B
GLD SPDR Gold Shares call Reduce -4.4% 2,989,500 $911.3M
GLD SPDR Gold Shares put Reduce -25.9% 2,268,500 $691.5M
SMH Vaneck Semiconductor ETF put Add +58.0% 2,379,700 $663.7M
AAPL Apple Inc. call Reduce -15.8% 3,040,800 $623.9M
AAPL Apple Inc. put Reduce -20.4% 2,950,700 $605.4M
AMZN Amazon.com Inc. put Add +5.2% 2,626,200 $576.2M
AMZN Amazon.com Inc. call Reduce -8.1% 2,219,100 $486.8M
AMD Advanced Micro Devices call Add +79.0% 3,073,500 $436.1M
AMD Advanced Micro Devices put Reduce -13.0% 3,056,600 $433.7M
SMH Vaneck Semiconductor ETF call Add +20.4% 1,407,300 $392.5M
AVGO Broadcom Inc. put Add +33.7% 1,398,300 $385.4M
AVGO Broadcom Inc. call Add +109.2% 1,263,700 $348.3M
SMCI Super Micro Computer Inc. put Add +46.5% 5,157,300 $252.8M
SMCI Super Micro Computer Inc. call Add +13.6% 4,790,100 $234.8M
IBIT iShares Bitcoin Trust ETF put Add +993.1% 3,119,800 $191.0M
IBIT iShares Bitcoin Trust ETF call Add +225.7% 2,079,500 $127.3M
SLV iShares Silver Trust call Reduce -28.0% 3,551,600 $116.5M
SLV iShares Silver Trust put Reduce -5.6% 2,160,100 $70.9M
PLTR Palantir Technologies Inc. Class A put Add +751.9% 198,500 $27.1M
COIN Coinbase Global Inc. Class A put Reduce -32.4% 71,300 $25.0M
PLTR Palantir Technologies Inc. Class A call Add +717.9% 182,400 $24.9M
COIN Coinbase Global Inc. Class A call Reduce -55.0% 55,200 $19.3M
BITX 2X Bitcoin ETF put Reduce -40.2% 176,200 $9.5M
XLF SS Financial Select Sector call New 138,700 $7.3M
EFA iShares MSCI Eafe ETF call New 75,000 $6.7M
LLY Eli Lilly & Co. call Sold out 7,000 $5.8Mbefore exit
TIDAL TRUST II put New 266,900 $5.7M
BABA Alibaba Group Holding-SP ADR call Reduce -48.2% 48,500 $5.6M
HYG Ishr Ibx Usd Hiyld CB ETF-Ui put Sold out 70,000 $5.5Mbefore exit
EEM iShares MSCI Emerging Market put New 112,900 $5.4M
MMM 3M Co. call Add +30.9% 30,100 $5.0M
FNGG Direxion Daily Nyse Fang+ Bu put Add +536.1% 22,900 $4.9M
BITX 2X Bitcoin ETF call Add +2.9% 84,900 $4.6M
FNGG Direxion Daily Nyse Fang+ Bu call Reduce -48.4% 21,300 $4.6M
EFA iShares MSCI Eafe ETF put New 49,900 $4.5M
VUG Vanguard Mrngstar GR ETF-Sui call Reduce -56.8% 9,900 $4.3M

Showing the first 50 of 705.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

Notes & Other Activity Q1 2025 → Q2 2025

NVDL Granitesh 2X LNG Nvda ETF 2X LONG NVDA ETF Reduce -100.0% 0 $0
QQQM Invesco Nasdaq 100 ETF NASDAQ 100 ETF Reduce -100.0% 0 $0
NFLU T-Rex 2X Long NFLX DT ETF T REX 2X LNG NFL New 0 $0
TSDD Granitesh 2X SHT Tsla ETF 2X SHOR TSLA NEW Sold out 0 $0before exit
FBY Yieldmax Meta Option Yield YIELDMAX META Sold out 0 $0before exit
USG Uscf Gold Strategy Plus Inco GOLD STRATEGY Sold out 0 $0before exit
WDC Western Digital Corp. COM Sold out 0 $0before exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 315$1.2BNVDA, MU, SNDK, INTC, TSLA
Q1 2026 221$749.8MSPY, NVDA, META, IBIT, MSTR
Q4 2025 249$540.2MQQQ, AMD, SMCI, IBIT, AVGO
Q3 2025 257$1.2BTSLA, SPY, NVDA, IBIT, AVGO
Q2 2025 224$1.3BMSTR, NVDA, SMH, IBIT, SPY
Q1 2025 182$1.2BSPY, NVDA, MSTR, META, AMD
Q4 2024 226$1.3BNVDA, SPY, SMH, QQQ, AMD
Q3 2024Amended 188$1.7BNVDA, QQQ, SPY, TSLA, META
Q2 2024Amended 177$1.9BNVDA, SPY, AMZN, TSLA, META
Q1 2024 186$1.4BNVDA, SPY, AMZN, TSLA, AAPL