Belvedere Trading LLC

Name: Belvedere Trading LLC 13F holdings, Q3 2025
Creator: Belvedere Trading LLC
Published: 2025-10-27

Q2 2026Q1 2026Q4 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 27, 2025), Belvedere Trading LLC reported 257 stock positions worth $1.2 billion. Its top holding was Tesla (TSLA) at 15.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 14.7%) and Nvidia (NVDA, 14.0%). Compared with Q2 2025, it opened 141 new positions, sold out of 110, added to 63 and reduced 52. The biggest buy was Tesla (TSLA, shares +1740%) and the biggest sale Strategy (MSTR, shares −91%).

Most Recent 13F: Q2 2026
Location: CHICAGO, IL
CIK: 0001632341
Portfolio Value: $1.2B (Q3 2025)
SEC Filing: 0001062993-25-016293 ↗ filed Oct 27, 2025

Holdings Value

Holdings 257 stocks · $1.2B


TSLA Tesla Inc.	15.12%	423,436	$188.3M	Add +1740.5%
SPY SS SPDR S&P 500 ETF Trust-US	14.68%	274,357	$182.8M	Add +160.3%
NVDA Nvidia Corp.	13.96%	931,960	$173.9M	Reduce -15.8%
IBIT iShares Bitcoin Trust ETF	12.06%	2,310,424	$150.2M	Add +47.8%
AVGO Broadcom Inc.	9.52%	359,367	$118.6M	Add +66.0%
QQQ Invesco QQQ Trust Series 1	6.75%	139,938	$84.0M	Add +43.2%
AMD Advanced Micro Devices	5.05%	388,626	$62.9M	Reduce -13.8%
MSTR Strategy Inc.	2.29%	88,649	$28.6M	Reduce -90.6%
IWM iShares Russell 2000 ETF	1.76%	90,630	$21.9M	Reduce -50.9%
AMZN Amazon.com Inc.	1.76%	99,796	$21.9M	Add +22.8%
SMCI Super Micro Computer Inc.	1.76%	456,316	$21.9M	Reduce -50.4%
AAPL Apple Inc.	1.31%	64,294	$16.4M	Add +144.4%
META Meta Platforms Inc. Class A	1.26%	21,382	$15.7M	Reduce -13.1%
SLVR Sprott SLVR Miner & PHY SLVR	1.06%	298,592	$13.2M	Add +255.0%
PLTR Palantir Technologies Inc. Class A	0.87%	59,574	$10.9M	New
VOO Vanguard S&P 500 ETF	0.77%	15,624	$9.6M	Add +1.2%
GE General Electric filed as GE AEROSPACE	0.52%	21,553	$6.5M	New
IVOL Quadratic Int Rte Vol Infl H	0.28%	177,996	$3.4M	New
GEV GE Vernova Inc.	0.27%	5,392	$3.3M	New
FNGG Direxion Daily Nyse Fang+ Bu	0.26%	13,579	$3.3M	New
IAU iShares Gold Trust	0.26%	44,956	$3.3M	New
NVDX T-Rex 2X LNG Nvidia DLY TRGT	0.25%	165,777	$3.2M	Add +35.9%
NFLU T-Rex 2X Long NFLX DT ETF	0.24%	53,389	$3.0M	Add +0.0%
ETHT Proshares Ultra Ether ETF	0.23%	31,402	$2.8M	New
CWEB Dirxn DLY Csi Cii B2X ETF-Ui	0.19%	41,127	$2.4M	Add +18.8%
BITU Proshares Ultra Bitcoin ETF	0.19%	43,779	$2.3M	Add +6.3%
AAPU Direxion Daily Aapl Bull 2X	0.18%	70,693	$2.3M	New
UNHG Leverage Shares 2X Unh	0.17%	101,595	$2.2M	New
UGL Proshares Ultra Gold	0.16%	42,209	$1.9M	Add +1.9%
SOLZ Solana ETF	0.15%	85,466	$1.9M	New
BABA Alibaba Group Holding-SP ADR	0.14%	9,802	$1.8M	New
BABX Granitesh 2XLNG Baba ETF-Usd	0.14%	29,819	$1.7M	Add +994.3%
GGLL Direxion Daily Googl Bull 2X	0.13%	26,604	$1.7M	Add +14.4%
IVES Dan Wedbush AI Rev ETF	0.13%	49,708	$1.6M	New
COF Capital One Financial Corp.	0.12%	7,162	$1.5M	Add +121.7%
TIDAL TRUST II	0.12%	160,195	$1.5M	Add +3337.7%
INVESTMENT MANAGERS SER TR	0.12%	73,876	$1.5M	New
IYY iShares Dow Jones U.S. ETF	0.12%	9,173	$1.5M	Reduce -16.7%
SCHB Schwab US Broad Market ETF	0.12%	57,954	$1.5M	Add +13.7%
LISTED FDS TR	0.12%	45,902	$1.5M	Add +105.8%
VUG Vanguard Mrngstar GR ETF-Sui	0.11%	2,979	$1.4M	New
INVESTMENT MANAGERS SER TR I	0.11%	9,553	$1.4M	Add +764.5%
LEN Lennar Corp. Class A	0.11%	10,721	$1.4M	Add +414.9%
RDDT Reddit Inc. Class A	0.10%	5,600	$1.3M	Add +931.3%
SIL Global X Silver Miners ETF	0.10%	17,623	$1.3M	New
PATK Patrick Industries Inc.	0.10%	11,679	$1.2M	New
SARK Tradr 1X Short Innov DLY-Usd	0.10%	41,804	$1.2M	New
CHAT Roundhill Gen AI & Tech ETF	0.10%	19,437	$1.2M	New
VRT Vertiv Holdings Co. Class A	0.10%	7,905	$1.2M	Add +39.9%
VOLATILITY SHS TR	0.09%	51,064	$1.2M	New
SIVR Abrdn Physical Silver Shares	0.09%	25,366	$1.1M	Add +17.6%
HUT Hut 8 Corp.	0.09%	32,293	$1.1M	Add +2.5%
GME Gamestop Corp. Class A	0.09%	39,631	$1.1M	Add +103.2%
AVL Direx Dai Av Bull 2X ETF-Usd	0.09%	20,305	$1.1M	Add +3228.7%
COOP Mr Cooper Group Inc.	0.07%	4,275	$901K	Add +93.3%
RDTL Granite 2X Long RDDT ETF	0.07%	15,008	$877K	New
TIDAL TRUST II	0.07%	4,835	$869K	New
XNTK SS SPDR Nyse Tech ETF	0.07%	3,101	$844K	New
MUU Direxion Daily Mu Bull 2X Et	0.07%	20,350	$844K	New
TIDAL TRUST II	0.07%	5,601	$832K	New
PROSHARES ULTRA SOLANA ETF	0.06%	15,410	$797K	New
NVDL Granitesh 2X LNG Nvda ETF	0.06%	8,430	$789K	Add +0.0%
GRNY Fundstr Gran SH US LRG Cap	0.06%	31,453	$786K	New
WDC Western Digital Corp.	0.06%	6,232	$748K	New
CONL Granitesh 2X LNG Coin ETF-US	0.06%	19,375	$725K	Reduce -21.0%
WGMI CS BTC Min Dig PWR ETF	0.06%	16,369	$724K	New
SNEX Stonex Group Inc.	0.06%	7,108	$717K	New
EUAD Select Stoxx Eur Aer DE ETF	0.06%	15,017	$705K	Add +288.3%
YETH Roundhill Etr Co. Call St ETF	0.06%	25,949	$692K	Add +1783.1%
URA Global X Uranium ETF	0.06%	14,424	$688K	New
TIP iShares Tips Bond ETF	0.05%	6,140	$683K	New
SNOU T-Rex 2X Long Snow DT ETF	0.05%	12,967	$655K	New
ASMG Leverage Shares 2X ASML	0.05%	29,727	$651K	New
BLOK Amplify Blockchain Tech ETF	0.05%	8,499	$570K	New
SOFX Defiance DLY TRG 2X LNG Sofi	0.05%	14,499	$562K	New
PLTY Yieldmax PLTR Option Inc. ETF	0.04%	8,495	$554K	Reduce -10.5%
GSLC Goldman Activebeta US LC ETF	0.04%	4,244	$553K	New
SBET Sharplink Inc.	0.04%	31,998	$544K	New
EWZ iShares MSCI Brazil ETF	0.04%	17,315	$537K	New
NVDU Direxion Daily Nvda Bull 2X	0.04%	3,859	$506K	Reduce -61.4%
AAAU Goldman Sachs Physical Gold	0.04%	13,177	$502K	Add +79.9%
DIREXION DAILY SEMI BEAR 3X	0.04%	96,752	$500K	Add +27.8%
SOXL Direx Dail Semi Bu 3X Et-Usd	0.04%	14,335	$499K	Reduce -39.9%
TIPT Tiptree Inc.	0.04%	26,021	$499K	New
EFA iShares MSCI Eafe ETF	0.04%	5,241	$489K	Reduce -90.9%
ASHR Xtrackers Harvest Csi 300 CH	0.04%	14,695	$485K	New
ION Proshares S&P GL Core Bat MT	0.04%	12,324	$480K	New
HIMS Hims & Hers Health Inc.	0.04%	8,240	$467K	Reduce -71.8%
RSP Invesco S&P 500 Equal Weight	0.04%	2,427	$460K	New
CRWL Graniteshares 2X L CRWD ETF	0.04%	12,572	$456K	Add +737.0%
ITUB Itau Unibanco H-Spon PRF ADR	0.04%	61,504	$451K	Add +8.3%
BTCL T-Rex 2X Long Bitcoin Daily	0.04%	7,917	$445K	Reduce -50.6%
LLYX Defiance DLY TRG 2X LNG LLY	0.04%	31,545	$438K	New
NUGT Dirxn DLY GM Indx B2X ETF-Ui	0.03%	2,817	$435K	New
SLYG SS SPDR S&P 600 SC GR ETF	0.03%	4,600	$434K	Add +12.2%
TSLL Dirx DLY Tsla Bul 2X ETF-Aui	0.03%	19,969	$422K	New
IWMY Defiance R2000 Weekly Distri	0.03%	18,068	$416K	New
AAPX T-Rex 2X LNG Apple DLY TRGT	0.03%	14,694	$412K	New
CWAN Clearwater Analytics HDS-A	0.03%	22,663	$408K	New
SPYI Neos S&P 500 High Income ETF	0.03%	7,701	$403K	New
LAC Lithium Americas Corp.	0.03%	69,033	$394K	New
SHLD Global X Defense Tech ETF	0.03%	5,588	$393K	New
NLR Vaneck Urani & Nuclr ETF-Usd	0.03%	2,827	$383K	Reduce -52.1%
TSM Taiwan Semiconductor-SP ADR	0.03%	1,371	$383K	New
MP MP Materials Corp.	0.03%	5,691	$382K	New
SOFI Sofi Technologies Inc.	0.03%	14,418	$381K	New
GDXY Yldmax Gold Min Op in St ETF	0.03%	21,232	$375K	New
THEMES ETF TR	0.03%	26,833	$363K	New
VIXY Proshares Vix Short-Term Fut	0.03%	11,053	$357K	Add +98.7%
JPO Yieldmax JP Option Income St	0.03%	20,390	$354K	New
YBTC Roundhill Bitcoin CC STR ETF	0.03%	7,688	$344K	Add +80.6%
HACK Amplify Cybersecurity ETF	0.03%	3,885	$337K	New
ETH Grayscale Ethereum Staking M	0.03%	8,594	$337K	New
GOOX T-Rex 2X LNG Alphabet DLY	0.03%	7,562	$335K	New
PTIR Graniteshares 2X PLTR ETF	0.03%	10,251	$333K	New
HOOG Leverage Shares 2X Hood	0.03%	2,826	$327K	New
MULL Graniteshares 2X Long Mu ETF	0.03%	9,010	$327K	New
CIFR Cipher Digital Inc.	0.03%	25,297	$318K	Add +99.4%
RBLX Roblox Corp. Class A	0.03%	2,271	$315K	New
INVESTMENT MANAGERS SER TR I	0.03%	2,000	$313K	Reduce -22.9%
ROBN T-Rex 2X LNG Hod DLY Tar ETF	0.02%	2,808	$303K	Reduce -57.3%
IBB iShares Biotechnology ETF	0.02%	2,094	$302K	New
IAK iShares U.S. Insurance ETF	0.02%	2,236	$300K	New
XRPT Volatility SHS TR	0.02%	19,178	$297K	New
PROSHARES TR	0.02%	19,996	$292K	New
GEVX Tradr 2X Long Gev Daily ETF	0.02%	9,474	$289K	New
SRDX Surmodics Inc.	0.02%	9,554	$286K	New
XLK SS Technology Select Sector	0.02%	1,009	$284K	New
TIDAL TRUST II	0.02%	51,827	$283K	Reduce -20.4%
FETH Fidelity Ethereum Fund	0.02%	6,345	$264K	New
UDN Invesco DB US Dollar Index B	0.02%	13,956	$263K	Reduce -70.8%
ARR Armour Residential REIT Inc.	0.02%	17,453	$261K	Add +3.5%
NEGG Newegg Commerce Inc.	0.02%	6,158	$258K	New
SGDJ Sprott Jr. Gold Miners ETF	0.02%	3,585	$257K	Reduce -90.7%
DUSL Direxi DLY Ind BL 3X ETF-Usi	0.02%	3,373	$255K	New
CDTX Cidara Therapeutics Inc.	0.02%	2,635	$252K	New
RIOT Riot Platforms Inc.	0.02%	13,073	$249K	New
SNOW Snowflake Inc.	0.02%	1,090	$246K	New
NEBX Tradr 2X LNG Nbis DLY ETF	0.02%	3,829	$246K	New
CEGX Tradr 2X Long Ceg Daily ETF	0.02%	9,280	$244K	New
GBTC Grayscale Bitcoin Trust ETF	0.02%	2,714	$244K	Add +87.7%
CDE Coeur Mining Inc.	0.02%	12,797	$240K	New
AVGX Defiance DLY TRG 2X LNG Avgo	0.02%	4,936	$236K	Add +86.3%
MSTZ T-Rex 2X Inverse MSTR DT ETF	0.02%	44,860	$236K	Add +79.1%
JAAA Janus Henderson Aaa Clo ETF	0.02%	4,570	$232K	Reduce -3.7%
AAPB Graniteshares 2X Long Aapl D	0.02%	7,702	$231K	New
ASPI Asp Isotopes Inc.	0.02%	23,822	$229K	Add +0.8%
CNR Core Natural Resources Inc.	0.02%	2,668	$223K	Reduce -37.3%
ALAB Astera Labs Inc.	0.02%	1,137	$223K	New
SMST Defiance DLY TRG 2X SHR MSTR	0.02%	7,564	$222K	Add +661.0%
CEE Central and Eastern Europe F	0.02%	14,395	$221K	No change
RKLX Defi Daily Ta 2X L RKLB ETF	0.02%	2,525	$214K	New
INBX Inhibrx Biosciences Inc.	0.02%	6,277	$211K	New
AAPW Roundhill Aapl Weeklypay ETF	0.02%	5,143	$211K	New
BBAI Bigbear.ai Holdings Inc.	0.02%	31,757	$207K	Add +190.5%
IPO Renaissance Ipo ETF	0.02%	4,100	$203K	Reduce -8.9%
TIDAL TRUST II	0.02%	53,314	$188K	New
IAI iShares U.S. Broker-Dealers	0.01%	1,054	$186K	New
BITO Proshares Bitcoin ETF-Usd	0.01%	9,373	$184K	Reduce -31.1%
KORU Direxion DLY M SK Bull 3X-Ui	0.01%	1,729	$183K	Add +1261.4%
MSFL Graniteshares 2X Long MSFT	0.01%	5,681	$181K	New
EWG iShares MSCI Germany ETF	0.01%	4,229	$176K	New
XOVR Ershares Private-Public Cros	0.01%	8,315	$176K	New
TIC Tic Solutions Inc. filed as ACUREN CORP	0.01%	12,134	$162K	New
IVV iShares Core S&P 500 ETF	0.01%	237	$159K	Reduce -30.7%
RDTE Roundhill Russell 2000 0DTE	0.01%	4,611	$154K	Add +330.5%
TSLG Leverage Shares 2X Tsla	0.01%	14,336	$152K	New
DEA Easterly Government Properti	0.01%	6,345	$145K	New
APLD Applied Digital Corp.	0.01%	6,283	$144K	Reduce -5.2%
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM	0.01%	2,000	$140K	Reduce -19.3%
VEON Veon Ltd.	0.01%	2,568	$140K	Reduce -55.2%
SVOL Simplify Volatility Premium	0.01%	7,274	$131K	Add +13.2%
COIW Roundhill Coin Weeklypay ETF	0.01%	3,086	$124K	New
QQQM Invesco Nasdaq 100 ETF	0.01%	500	$124K	Add +0.0%
CANE Teucrium Sugar Fund	0.01%	11,547	$122K	New
CONI Graniteshares 2X Short Coin	0.01%	2,781	$115K	New
RAPP Rapport Therapeutics Inc.	0.01%	3,728	$111K	New
BKKT Bakkt Inc. filed as BAKKT HOLDINGS INC	0.01%	3,239	$109K	Add +143.5%
TIDAL TRUST II	0.01%	7,767	$108K	Add +55.9%
FBY Yieldmax Meta Option Yield	0.01%	6,807	$107K	New
MEXX Direxion DL MX BLL 3X ETF-Ui	0.01%	4,147	$98K	New
ETF OPPORTUNITIES TRUST	0.01%	3,492	$96K	New
KPTI Karyopharm Therapeutics Inc.	0.01%	14,563	$95K	New
LION Lionsgate Studios Corp.	0.01%	13,493	$93K	New
TNGX Tango Therapeutics Inc.	0.01%	10,845	$91K	Reduce -3.4%
GRANITESHARES ETF TR	0.01%	3,840	$89K	New
INVESTMENT MANAGERS SER TR I	0.01%	2,768	$86K	Add +30.3%
SVC Service Pptys TR	0.01%	30,083	$82K	Reduce -0.9%
BLDP Ballard Power Systems Inc.	0.01%	21,266	$80K	New
DJT Trump Media & Technology Gro	0.01%	4,827	$79K	Reduce -59.8%
NVTS Navitas Semiconductor Corp.	0.01%	10,416	$75K	New
RKT Rocket Cos Inc. Class A	0.01%	3,824	$74K	New
CRML Critical Metals Corp.	0.01%	11,669	$73K	New
IONQ Ionq Inc.	0.01%	1,125	$69K	New
QTEC First Trust Nasdq 100 Tech I	0.01%	300	$69K	New
TIDAL TRUST II	0.01%	22,091	$69K	Add +100.9%
INTW Granite 2X Long Intc ETF	0.01%	1,725	$67K	New
AIRJ Airjoule Technologies Corp.	0.01%	13,565	$64K	Reduce -22.8%
LFVN Lifevantage Corp.	0.00%	6,308	$61K	New
TIDAL TRUST II	0.00%	2,714	$61K	Reduce -97.1%
SLVP iShares MSCI Global Silver A	0.00%	2,172	$59K	New
ZVRA Zevra Therapeutics Inc.	0.00%	6,239	$59K	New
NFE New Fortress Energy Inc.	0.00%	26,477	$59K	Reduce -14.9%
DFDV Defi Development Corp.	0.00%	3,723	$57K	Reduce -68.0%
RMNI Rimini Street Inc.	0.00%	11,755	$55K	Reduce -30.2%
TPST Tempest Therapeutics Inc.	0.00%	5,325	$55K	New
SUIG Sui Group Holdings Ltd.	0.00%	13,793	$53K	New
LODE Comstock Inc.	0.00%	15,398	$53K	Add +6.2%
PROSHARES TR II	0.00%	5,027	$52K	Add +272.1%
THEMES ETF TR	0.00%	5,539	$51K	New
MVLL Granite 2X Long MRVL ETF	0.00%	2,165	$51K	New
IONL Granite 2X Long Ionq ETF	0.00%	598	$50K	New
RR Richtech Robotics Inc. Class B	0.00%	11,047	$47K	New
NVS Novartis AG-Sponsored ADR	0.00%	363	$47K	Reduce -0.3%
ETU T-Rex 2X Long Ether D Ta ETF	0.00%	1,358	$46K	New
PLTW Roundhill PLTR Weeklypay ETF	0.00%	841	$41K	Reduce -80.8%
SIRI Sirius XM Holdings Inc.	0.00%	1,668	$39K	Add +93.1%
APLY Yieldmax Aapl Option Income	0.00%	2,797	$38K	New
MVST Microvast Holdings Inc.	0.00%	9,463	$36K	Add +47.8%
TIDAL TRUST II	0.00%	13,916	$36K	Add +183.3%
GMEU T-Rex 2X Long Gme DLY Ta ETF	0.00%	1,811	$32K	Reduce -90.3%
ALEC Alector Inc.	0.00%	10,486	$31K	New
SPMO Invesco S&P 500 Momentum ETF	0.00%	255	$31K	New
AREC American Resources Corp.	0.00%	11,212	$30K	New
UBRL Granite 2X Long Uber ETF	0.00%	800	$28K	New
SQQQ Proshares TR	0.00%	7,012	$26K	Add +6912.0%
DDD 3D Systems Corp. filed as 3-D SYS CORP DEL	0.00%	8,434	$24K	New
LBRDA Liberty Broadband-A	0.00%	347	$22K	New
BTCZ T-Rex 2X Inverse Bitcoin DLY	0.00%	7,237	$20K	New
SPYQ Tradr 2X Long SPY Quartr ETF	0.00%	120	$19K	New
XOMO Yieldmax Xom Option Income	0.00%	1,558	$19K	New
AIFC AI Financial Corp. filed as ALT5 SIGMA CORP	0.00%	5,123	$14K	Reduce -73.1%
DSI iShares ESG MSCI KLD 400 ETF	0.00%	108	$14K	New
WORLD FDS TR	0.00%	8,059	$13K	New
ASTX Tradr 2X Long Asts Daily ETF	0.00%	500	$13K	New
ITA iShares U.S. Aerospace & Def	0.00%	63	$13K	Reduce -89.3%
ETF OPPORTUNITIES TRUST	0.00%	1,623	$13K	Add +113.0%
HUYA Huya Inc.-ADR	0.00%	3,230	$11K	Reduce -97.4%
TARK Tradr 2X Long Innovation ETF	0.00%	130	$11K	Reduce -94.5%
YMAX Yieldmax Universe Fo in Etfs	0.00%	785	$10K	Reduce -48.4%
PSQ HOLDINGS INC	0.00%	5,216	$10K	Reduce -16.4%
MSOS Advisorshares Pure US Cann	0.00%	1,996	$10K	New
NAKA Nakamoto Inc. filed as KINDLY MD INC	0.00%	8,238	$9K	New
JFIN Jiayin Group Inc.-ADR	0.00%	784	$8K	Add +79.0%
GOOY Yieldmax Googl Option Income	0.00%	564	$8K	New
RBLU T-Rex 2X LNG RBLX DLY TRGT	0.00%	78	$8K	Reduce -98.7%
LVWR Livewire Group Inc.	0.00%	1,500	$7K	New
RILY BRC Group Holdings Inc. filed as B. RILEY FINANCIAL INC	0.00%	835	$5K	Reduce -87.1%
YQ 17 Education & Technology GR filed as 17 ED & TECHNOLOGY GROUP INC	0.00%	950	$4K	Reduce -87.0%
CGC Canopy Growth Corp.	0.00%	2,129	$3K	Reduce -0.1%
EPIX Essa Pharma Inc.	0.00%	15,201	$3K	New
TRON Tron Inc.	0.00%	1,392	$3K	New
BYND Beyond Meat Inc.	0.00%	1,199	$2K	Reduce -63.7%
QSI Quantum-Si Inc.	0.00%	1,390	$2K	Reduce -80.8%
IETC iShares U.S. Tech Independen	0.00%	5	$510	New
WKHS Workhorse Group Inc.	0.00%	388	$427	New
HUDSON PAC PPTYS INC	0.00%	34	$94	Reduce -97.4%

Options reported separately and not counted above: SPY puts ($20.7B), SPY calls ($18.7B), TSLA puts ($5.9B), QQQ puts ($5.3B), NVDA calls ($5.2B), NVDA puts ($4.7B), TSLA calls ($4.7B), QQQ calls ($3.9B), META calls ($1.6B), IWM puts ($1.3B), META puts ($1.2B), MSTR puts ($1.2B), and 615 more.

Portfolio Sells Q2 2025 → Q3 2025


MSTR Strategy Inc.	Reduce -90.6%	2.29%	−27.62
SMH Vaneck Semiconductor ETF	Sold out	0.00%	−8.31
GLD SPDR Gold Shares	Sold out	0.00%	−2.65
SMCI Super Micro Computer Inc.	Reduce -50.4%	1.76%	−1.80
IWM iShares Russell 2000 ETF	Reduce -50.9%	1.76%	−1.37
PPLT Abrdn Physical Platinum SHRS	Sold out	0.00%	−0.85
SLV iShares Silver Trust	Sold out	0.00%	−0.48
EFA iShares MSCI Eafe ETF	Reduce -90.9%	0.04%	−0.37
EEM iShares MSCI Emerging Market	Sold out	0.00%	−0.32
PALL Abrdn Physical Palladium SHS	Sold out	0.00%	−0.23
RINF Proshares Inflation Expectat	Sold out	0.00%	−0.21
META Meta Platforms Inc. Class A	Reduce -13.1%	1.26%	−0.17
TIDAL TRUST II	Reduce -97.1%	0.00%	−0.15
ARGT Global X MSCI Argentina ETF	Sold out	0.00%	−0.14
SGDJ Sprott Jr. Gold Miners ETF	Reduce -90.7%	0.02%	−0.13
GDX Vaneck Gold Miners ETF	Sold out	0.00%	−0.10
GDXJ Vaneck Junior Gold Miners	Sold out	0.00%	−0.08
HOOD Robinhood Markets Inc. Class A	Sold out	0.00%	−0.08
HIMS Hims & Hers Health Inc.	Reduce -71.8%	0.04%	−0.08
COIN Coinbase Global Inc. Class A	Sold out	0.00%	−0.07
TMF Dir DLY 20+YR TR BL3X ETF-Ui	Sold out	0.00%	−0.07
GRANITESHARES ETF TR	Sold out	0.00%	−0.07
GOOGL Alphabet Inc. Class A	Sold out	0.00%	−0.06
DIREXION SHS ETF TR	Sold out	0.00%	−0.06
QTUM Defiance Quantum ETF	Sold out	0.00%	−0.05
UDN Invesco DB US Dollar Index B	Reduce -70.8%	0.02%	−0.05
ETF OPPORTUNITIES TRUST	Sold out	0.00%	−0.05
NVDU Direxion Daily Nvda Bull 2X	Reduce -61.4%	0.04%	−0.04
AEVA Aeva Technologies Inc.	Sold out	0.00%	−0.04
TUA Sim St Treas Fut Strat ETF	Sold out	0.00%	−0.03
EDV Vanguard Extended Dur Treas	Sold out	0.00%	−0.03
HUYA Huya Inc.-ADR	Reduce -97.4%	0.00%	−0.03
BTCL T-Rex 2X Long Bitcoin Daily	Reduce -50.6%	0.04%	−0.03
CONL Granitesh 2X LNG Coin ETF-US	Reduce -21.0%	0.06%	−0.03
VXX Ipath Series B S&P 500 Vix	Sold out	0.00%	−0.03
RBLU T-Rex 2X LNG RBLX DLY TRGT	Reduce -98.7%	0.00%	−0.03
UTHY F/M US Treasury 30 Year Bond	Sold out	0.00%	−0.03
BKCH Global X Blockchain ETF	Sold out	0.00%	−0.03
TNA Dir Dai SML Ca Bul 3X Et-Usd	Sold out	0.00%	−0.03
DIREXION SHARES ETF TRUST	Sold out	0.00%	−0.03
SMCY YM Smci Opt Income Strat ETF	Sold out	0.00%	−0.03
ARM Arm Holdings PLC-ADR	Sold out	0.00%	−0.03
BIL SS SPDR BB 1-3M T-Bill ETF	Sold out	0.00%	−0.03
NUKZ Range Nuclear Renaissance	Sold out	0.00%	−0.02
EMXC iShares MSCI Emr MRK Ex Chna	Sold out	0.00%	−0.02
KOLD Proshares Ultrashort Bloombe	Sold out	0.00%	−0.02
PROSHARES ULTRA BLOOMBERG NA	Sold out	0.00%	−0.02
GMEU T-Rex 2X Long Gme DLY Ta ETF	Reduce -90.3%	0.00%	−0.02
NLR Vaneck Urani & Nuclr ETF-Usd	Reduce -52.1%	0.03%	−0.02
IYM iShares U.S. Basic Materials	Sold out	0.00%	−0.02

Portfolio Buys Q2 2025 → Q3 2025


TSLA Tesla Inc.	Add +1740.5%	15.12%	+14.55
SPY SS SPDR S&P 500 ETF Trust-US	Add +160.3%	14.68%	+9.54
AVGO Broadcom Inc.	Add +66.0%	9.52%	+4.82
IBIT iShares Bitcoin Trust ETF	Add +47.8%	12.06%	+4.52
QQQ Invesco QQQ Trust Series 1	Add +43.2%	6.75%	+2.50
AAPL Apple Inc.	Add +144.4%	1.31%	+0.89
PLTR Palantir Technologies Inc. Class A	New	0.87%	+0.87
SLVR Sprott SLVR Miner & PHY SLVR	Add +255.0%	1.06%	+0.87
GE General Electric	New	0.52%	+0.52
AMZN Amazon.com Inc.	Add +22.8%	1.76%	+0.35
IVOL Quadratic Int Rte Vol Infl H	New	0.28%	+0.28
GEV GE Vernova Inc.	New	0.27%	+0.27
FNGG Direxion Daily Nyse Fang+ Bu	New	0.26%	+0.26
IAU iShares Gold Trust	New	0.26%	+0.26
NFLU T-Rex 2X Long NFLX DT ETF	Add +0.0%	0.24%	+0.24
ETHT Proshares Ultra Ether ETF	New	0.23%	+0.23
AAPU Direxion Daily Aapl Bull 2X	New	0.18%	+0.18
UNHG Leverage Shares 2X Unh	New	0.17%	+0.17
SOLZ Solana ETF	New	0.15%	+0.15
BABA Alibaba Group Holding-SP ADR	New	0.14%	+0.14
BABX Granitesh 2XLNG Baba ETF-Usd	Add +994.3%	0.14%	+0.13
IVES Dan Wedbush AI Rev ETF	New	0.13%	+0.13
INVESTMENT MANAGERS SER TR	New	0.12%	+0.12
TIDAL TRUST II	Add +3337.7%	0.12%	+0.12
VUG Vanguard Mrngstar GR ETF-Sui	New	0.11%	+0.11
NVDX T-Rex 2X LNG Nvidia DLY TRGT	Add +35.9%	0.25%	+0.11
INVESTMENT MANAGERS SER TR I	Add +764.5%	0.11%	+0.11
SIL Global X Silver Miners ETF	New	0.10%	+0.10
PATK Patrick Industries Inc.	New	0.10%	+0.10
RDDT Reddit Inc. Class A	Add +931.3%	0.10%	+0.10
SARK Tradr 1X Short Innov DLY-Usd	New	0.10%	+0.10
CHAT Roundhill Gen AI & Tech ETF	New	0.10%	+0.10
VOLATILITY SHS TR	New	0.09%	+0.09
LEN Lennar Corp. Class A	Add +414.9%	0.11%	+0.09
AVL Direx Dai Av Bull 2X ETF-Usd	Add +3228.7%	0.09%	+0.08
CWEB Dirxn DLY Csi Cii B2X ETF-Ui	Add +18.8%	0.19%	+0.08
VOO Vanguard S&P 500 ETF	Add +1.2%	0.77%	+0.08
GGLL Direxion Daily Googl Bull 2X	Add +14.4%	0.13%	+0.07
RDTL Granite 2X Long RDDT ETF	New	0.07%	+0.07
TIDAL TRUST II	New	0.07%	+0.07
COF Capital One Financial Corp.	Add +121.7%	0.12%	+0.07
LISTED FDS TR	Add +105.8%	0.12%	+0.07
MUU Direxion Daily Mu Bull 2X Et	New	0.07%	+0.07
XNTK SS SPDR Nyse Tech ETF	New	0.07%	+0.07
TIDAL TRUST II	New	0.07%	+0.07
PROSHARES ULTRA SOLANA ETF	New	0.06%	+0.06
NVDL Granitesh 2X LNG Nvda ETF	Add +0.0%	0.06%	+0.06
GRNY Fundstr Gran SH US LRG Cap	New	0.06%	+0.06
WDC Western Digital Corp.	New	0.06%	+0.06
WGMI CS BTC Min Dig PWR ETF	New	0.06%	+0.06

Options Activity Q2 2025 → Q3 2025


SPY SS SPDR S&P 500 ETF Trust-US	put	Reduce -12.5%	31,002,500	$20.7B
SPY SS SPDR S&P 500 ETF Trust-US	call	Reduce -14.8%	28,104,100	$18.7B
TSLA Tesla Inc.	put	Add +8.4%	13,203,300	$5.9B
QQQ Invesco QQQ Trust Series 1	put	Reduce -5.8%	8,845,300	$5.3B
NVDA Nvidia Corp.	call	Add +3.7%	27,979,900	$5.2B
NVDA Nvidia Corp.	put	Reduce -16.5%	25,240,900	$4.7B
TSLA Tesla Inc.	call	Add +4.8%	10,481,700	$4.7B
QQQ Invesco QQQ Trust Series 1	call	Reduce -16.5%	6,529,500	$3.9B
META Meta Platforms Inc. Class A	call	Reduce -11.3%	2,142,600	$1.6B
IWM iShares Russell 2000 ETF	put	Reduce -23.3%	5,364,600	$1.3B
META Meta Platforms Inc. Class A	put	Reduce -1.4%	1,684,900	$1.2B
MSTR Strategy Inc.	put	Reduce -13.8%	3,596,900	$1.2B
IWM iShares Russell 2000 ETF	call	Reduce -16.2%	4,148,700	$1.0B
MSTR Strategy Inc.	call	Add +0.9%	2,773,900	$893.8M
AAPL Apple Inc.	put	Add +11.5%	3,290,400	$837.8M
AAPL Apple Inc.	call	Reduce -5.6%	2,871,300	$731.1M
GLD SPDR Gold Shares	call	Reduce -31.6%	2,044,900	$726.9M
AVGO Broadcom Inc.	put	Add +43.0%	2,000,000	$659.8M
SMH Vaneck Semiconductor ETF	put	Reduce -21.3%	1,872,000	$610.9M
SMH Vaneck Semiconductor ETF	call	Add +31.9%	1,855,600	$605.6M
AMZN Amazon.com Inc.	put	Reduce -2.4%	2,564,500	$563.1M
GLD SPDR Gold Shares	put	Reduce -31.4%	1,555,500	$552.9M
AMZN Amazon.com Inc.	call	Add +6.5%	2,362,500	$518.7M
AVGO Broadcom Inc.	call	Add +23.9%	1,565,200	$516.4M
AMD Advanced Micro Devices	call	Add +1.8%	3,128,800	$506.2M
AMD Advanced Micro Devices	put	Reduce -10.2%	2,744,200	$444.0M
PLTR Palantir Technologies Inc. Class A	put	Add +855.6%	1,896,800	$346.0M
IBIT iShares Bitcoin Trust ETF	put	Add +41.7%	4,420,700	$287.3M
PLTR Palantir Technologies Inc. Class A	call	Add +724.2%	1,503,400	$274.3M
IBIT iShares Bitcoin Trust ETF	call	Add +58.8%	3,302,400	$214.7M
SMCI Super Micro Computer Inc.	call	Reduce -21.4%	3,766,700	$180.6M
SMCI Super Micro Computer Inc.	put	Reduce -40.2%	3,085,600	$147.9M
SLV iShares Silver Trust	call	Reduce -6.7%	3,314,800	$140.4M
SLV iShares Silver Trust	put	Reduce -9.8%	1,949,500	$82.6M
COIN Coinbase Global Inc. Class A	put	Add +7.8%	76,900	$26.0M
FNGG Direxion Daily Nyse Fang+ Bu	put	Add +344.1%	101,700	$24.7M
COIN Coinbase Global Inc. Class A	call	Add +8.7%	60,000	$20.2M
GDXJ Vaneck Junior Gold Miners	put	Add +232.9%	166,100	$16.4M
BABA Alibaba Group Holding-SP ADR	call	Add +37.3%	66,600	$12.0M
BITX 2X Bitcoin ETF	put	Add +12.3%	197,900	$10.9M
VOOG Vanguard S&P 500 Growth ETF	call	Add +229.0%	20,400	$8.9M
COF Capital One Financial Corp.	put	Add +3241.7%	40,100	$8.7M
PPLT Abrdn Physical Platinum SHRS	call	Add +921.8%	56,200	$8.0M
XLF SS Financial Select Sector	call	Sold out	138,700	$7.3Mbefore exit
EFA iShares MSCI Eafe ETF	call	Sold out	75,000	$6.7Mbefore exit
CVNA Carvana Co.	put	Add +136.1%	17,000	$6.4M
EEM iShares MSCI Emerging Market	put	Sold out	112,900	$5.4Mbefore exit
PPLT Abrdn Physical Platinum SHRS	put	Add +116.5%	38,100	$5.4M
BITX 2X Bitcoin ETF	call	Add +16.3%	98,700	$5.4M
TARK Tradr 2X Long Innovation ETF	call	Add +781.4%	61,700	$5.1M

Showing the first 50 of 794.

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

Notes & Other Activity Q2 2025 → Q3 2025


MTUM iShares MSCI USA Momentum Fa	MSCI USA MMENTM	Reduce -100.0%	$0
NVD Granitesh 2XSHT Nvda ETF-Usd	2X SHOR NVDA NEW	New	$0
IVE iShares S&P 500 Value ETF	S&P 500 VAL ETF	New	$0
WOLF Wolfspeed Inc.	COMMON STOCK	New	$0

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

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	315	$1.2B	NVDA, MU, SNDK, INTC, TSLA
Q1 2026	221	$749.8M	SPY, NVDA, META, IBIT, MSTR
Q4 2025	249	$540.2M	QQQ, AMD, SMCI, IBIT, AVGO
Q3 2025	257	$1.2B	TSLA, SPY, NVDA, IBIT, AVGO
Q2 2025	224	$1.3B	MSTR, NVDA, SMH, IBIT, SPY
Q1 2025	182	$1.2B	SPY, NVDA, MSTR, META, AMD
Q4 2024	226	$1.3B	NVDA, SPY, SMH, QQQ, AMD
Q3 2024Amended	188	$1.7B	NVDA, QQQ, SPY, TSLA, META
Q2 2024Amended	177	$1.9B	NVDA, SPY, AMZN, TSLA, META
Q1 2024	186	$1.4B	NVDA, SPY, AMZN, TSLA, AAPL