Belvedere Trading LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 10, 2026), Belvedere Trading LLC reported 249 stock positions worth $540.2 million. Its top holding was Invesco QQQ Trust Series 1 (QQQ) at 9.7% of the portfolio, followed by Advanced Micro Devices (AMD, 8.5%) and Super Micro Computer (SMCI, 6.8%). Compared with Q3 2025, it opened 141 new positions, sold out of 146, added to 49 and reduced 57. The biggest buy was Super Micro Computer (SMCI, shares +175%) and the biggest sale an exit from Tesla (TSLA).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001632341
Portfolio Value
$540.2M (Q4 2025)
SEC Filing
0001062993-26-000726 ↗ filed Feb 10, 2026

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 Q2 2025 Q3 2025: $1.2B Q3 2025 Q4 2025: $540.2M $540.2M Q4 2025 Q1 2026: $749.8M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 249 stocks · $540.2M

QQQ Invesco QQQ Trust Series 1 9.73% 85,555 $52.6M Reduce -38.9%
AMD Advanced Micro Devices 8.50% 214,307 $45.9M Reduce -44.9%
SMCI Super Micro Computer Inc. 6.80% 1,254,996 $36.7M Add +175.0%
IBIT iShares Bitcoin Trust ETF 6.30% 685,732 $34.0M Reduce -70.3%
AVGO Broadcom Inc. 5.67% 88,526 $30.6M Reduce -75.4%
NVDA Nvidia Corp. 5.27% 152,656 $28.5M Reduce -83.6%
MSTR Strategy Inc. 4.66% 165,694 $25.2M Add +86.9%
GLD SPDR Gold Shares 4.26% 58,131 $23.0M New
PLTR Palantir Technologies Inc. Class A 3.75% 113,889 $20.2M Add +91.2%
SLVR Sprott SLVR Miner & PHY SLVR 3.58% 346,401 $19.3M Add +16.0%
SPY SS SPDR S&P 500 ETF Trust-US 2.72% 21,554 $14.7M Reduce -92.1%
WDC Western Digital Corp. 2.61% 81,704 $14.1M Add +1211.0%
IWM iShares Russell 2000 ETF 2.52% 55,237 $13.6M Reduce -39.0%
SLV iShares Silver Trust 2.25% 188,770 $12.2M New
SIL Global X Silver Miners ETF 1.57% 101,618 $8.5M Add +476.6%
KWEB Kranesh Csi China Internet 1.48% 234,679 $8.0M New
YINN Direxion DLY Ftse CH BL3X-Ui 1.29% 163,625 $7.0M New
CWEB Dirxn DLY Csi Cii B2X ETF-Ui 1.26% 170,106 $6.8M Add +313.6%
SNDK Sandisk Corp. 1.19% 27,154 $6.4M New
BABA Alibaba Group Holding-SP ADR 1.14% 41,991 $6.2M Add +328.4%
AVL Direx Dai Av Bull 2X ETF-Usd 1.08% 132,423 $5.8M Add +552.2%
AMZN Amazon.com Inc. 0.96% 22,479 $5.2M Reduce -77.5%
SLVP iShares MSCI Global Silver A 0.81% 128,247 $4.4M Add +5804.6%
NLR Vaneck Urani & Nuclr ETF-Usd 0.78% 33,795 $4.2M Add +1095.4%
IAU iShares Gold Trust 0.72% 47,996 $3.9M Add +6.8%
FXI iShares China Large-Cap ETF 0.69% 97,413 $3.7M New
PPH Vaneck Pharmaceutical ETF 0.64% 33,767 $3.5M New
GE General Electric filed as GE AEROSPACE 0.64% 11,279 $3.5M Reduce -47.7%
COPX Global X Copper Miners ETF 0.62% 46,550 $3.3M New
SILJ Amplify Junior Silver Miners 0.54% 105,906 $2.9M New
BKCH Global X Blockchain ETF 0.51% 43,097 $2.8M New
FBL Granitesh 2XLNG Meta ETF-Usd 0.48% 80,127 $2.6M New
UGL Proshares Ultra Gold 0.47% 45,513 $2.5M Add +7.8%
GEV GE Vernova Inc. 0.37% 3,019 $2.0M Reduce -44.0%
COIN Coinbase Global Inc. Class A 0.33% 7,937 $1.8M New
EFA iShares MSCI Eafe ETF 0.32% 17,972 $1.7M Add +242.9%
NVDX T-Rex 2X LNG Nvidia DLY TRGT 0.30% 95,542 $1.6M Reduce -42.4%
AAPU Direxion Daily Aapl Bull 2X 0.29% 46,696 $1.6M Reduce -34.0%
UNHG Leverage Shares 2X Unh 0.27% 85,961 $1.4M Reduce -15.4%
BITX 2X Bitcoin ETF 0.26% 51,580 $1.4M New
QBTS D-Wave Quantum Inc. 0.25% 52,527 $1.4M New
XLF SS Financial Select Sector 0.24% 23,613 $1.3M New
AGQ Proshares Ultra Silver 0.23% 7,925 $1.2M New
CRCL Circle Internet Group Inc. 0.23% 15,362 $1.2M New
HUT Hut 8 Corp. 0.22% 26,054 $1.2M Reduce -19.3%
TIDAL TRUST II 0.22% 69,156 $1.2M New
NVS Novartis AG-Sponsored ADR 0.22% 8,516 $1.2M Add +2246.0%
SIVR Abrdn Physical Silver Shares 0.20% 16,292 $1.1M Reduce -35.8%
FNGG Direxion Daily Nyse Fang+ Bu 0.20% 5,277 $1.1M Reduce -61.1%
BTCI Neos Bitcoin High Income ETF 0.19% 23,825 $1.0M New
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.19% 12,874 $1.0M New
IVES Dan Wedbush AI Rev ETF 0.19% 32,825 $1.0M Reduce -34.0%
HOOW Roundhill Hood Weeklypay ETF 0.19% 21,665 $1.0M New
SCHB Schwab US Broad Market ETF 0.19% 39,154 $1.0M Reduce -32.4%
VRT Vertiv Holdings Co. Class A 0.19% 6,254 $1.0M Reduce -20.9%
ASTS Ast Spacemobile Inc. 0.18% 13,305 $966K New
CDE Coeur Mining Inc. 0.18% 53,370 $952K Add +317.1%
MU Micron Technology Inc. 0.17% 3,279 $936K New
SHV iShares 0-1 Year Treasury Bo 0.17% 8,393 $924K New
ETHT Proshares Ultra Ether ETF 0.17% 24,268 $912K Reduce -22.7%
MTUM iShares MSCI USA Momentum Fa 0.17% 3,585 $897K Add +0.0%
NVDL Granitesh 2X LNG Nvda ETF 0.16% 9,927 $874K Add +17.8%
TIDAL TRUST II 0.16% 50,853 $853K New
EWY iShares MSCI South Korea ETF 0.16% 8,671 $843K New
BTCW Wisdomtree Bitcoin Fund 0.15% 8,966 $831K New
CHAT Roundhill Gen AI & Tech ETF 0.15% 13,873 $818K Reduce -28.6%
SPXS Dirx Dai S&P500 B 3X ETF-Usd 0.15% 22,915 $813K New
GRID First TRST Nasd Class Edg Sgiif 0.15% 5,123 $784K New
SPXL Direxion Daily S&P 500 Bull 0.14% 3,367 $743K New
MQQQ Tradr 2X Long Innovation 100 0.14% 4,034 $732K New
ITA iShares U.S. Aerospace & Def 0.14% 3,400 $730K Add +5296.8%
CRWV Coreweave Inc. Class A 0.13% 9,457 $677K New
ASTX Tradr 2X Long Asts Daily ETF 0.12% 16,095 $659K Add +3119.0%
NUKZ Range Nuclear Renaissance filed as EXCHANGE TRADED CONCEPTS TRU 0.12% 10,061 $639K New
URA Global X Uranium ETF 0.12% 14,828 $634K Add +2.8%
XLI SS Industrial Select Sector 0.11% 3,894 $604K New
ASMG Leverage Shares 2X ASML 0.11% 25,980 $587K Reduce -12.6%
INBX Inhibrx Biosciences Inc. 0.11% 7,402 $585K Add +17.9%
NFLU T-Rex 2X Long NFLX DT ETF 0.10% 17,429 $565K Reduce -67.3%
GGLL Direxion Daily Googl Bull 2X 0.10% 5,797 $562K Reduce -78.2%
NVDS Tradr 1.5X SHT Nvda ETF-Usdi 0.10% 19,905 $558K New
MULL Graniteshares 2X Long Mu ETF 0.10% 6,149 $552K Reduce -31.8%
XLB SS Materials Select Sector 0.10% 11,771 $534K New
NBBK NB Bancorp Inc. 0.10% 26,577 $527K New
ACWI iShares MSCI Acwi ETF 0.10% 3,675 $520K New
IYR iShares US Real Estate ETF 0.10% 5,499 $516K New
WGMI CS BTC Min Dig PWR ETF 0.09% 13,278 $508K Reduce -18.9%
SOFX Defiance DLY TRG 2X LNG Sofi 0.09% 17,370 $493K Add +19.8%
METU Direx DLY Meta Bul 2X ETF-US 0.09% 15,352 $493K New
J Jacobs Solutions Inc. 0.09% 3,665 $485K New
BABX Granitesh 2XLNG Baba ETF-Usd 0.09% 12,935 $466K Reduce -56.6%
SQQQ Proshares Ultrapro Short QQQ 0.08% 6,633 $454K New
INTW Granite 2X Long Intc ETF 0.08% 10,500 $453K Add +508.7%
PLTU Dire DLY PLTR Bul 2X ETF-Usd 0.08% 5,837 $429K New
FAZ Direx DLY Fin Bea 3X ETF-Usd 0.08% 11,110 $427K New
GEVX Tradr 2X Long Gev Daily ETF 0.07% 13,022 $404K Add +37.5%
RKT Rocket Cos Inc. Class A 0.07% 20,002 $387K Add +423.1%
NVDU Direxion Daily Nvda Bull 2X 0.07% 3,268 $385K Reduce -15.3%
VOLATILITY SHS TR 0.07% 58,526 $373K Add +14.6%
NVOX Defiance DLY TRG 2X LNG Nvo 0.07% 16,780 $367K New
INFQ Infleqtion Inc. filed as CHURCHILL CAP CORP X 0.07% 23,541 $367K New
CRWL Graniteshares 2X L CRWD ETF 0.07% 11,867 $366K Reduce -5.6%
YBTC Roundhill Bitcoin CC STR ETF 0.07% 12,819 $365K Add +66.7%
EA Electronic Arts Inc. 0.07% 1,746 $357K New
XSD SS SPDR S&P Semiconductor 0.07% 1,100 $354K New
GOOX T-Rex 2X LNG Alphabet DLY 0.07% 5,055 $353K Reduce -33.1%
IWD iShares Russell 1000 Value E 0.06% 1,652 $347K New
RDTL Granite 2X Long RDDT ETF 0.06% 6,835 $343K Reduce -54.5%
DIREXION SHARES ETF TRUST 0.06% 18,467 $343K New
MSFX T-Rex 2X LNG Microsoft DLY 0.06% 12,115 $331K New
SBET Sharplink Inc. 0.06% 36,783 $329K Add +14.9%
JPO Yieldmax JP Option Income St 0.06% 20,490 $328K Add +0.5%
XAR SS SPDR S&P Aerospace Def 0.06% 1,351 $326K New
ARKQ ARK Autonomous Tech & Robot 0.06% 2,813 $323K New
DBA Invesco DB Agriculture Fund 0.06% 12,622 $322K New
BITU Proshares Ultra Bitcoin ETF 0.06% 14,437 $319K Reduce -67.0%
IWMY Defiance R2000 Weekly Distri 0.06% 16,028 $316K Reduce -11.3%
UFO Procure Space ETF 0.06% 8,111 $313K New
ETHA iShares Ethereum Trust ETF 0.06% 13,865 $311K New
PROSHARES ULTRA BLOOMBERG NA 0.06% 13,171 $302K New
RGTI Rigetti Computing Inc. 0.06% 13,437 $298K New
KOLD Proshares Ultrashort Bloombe 0.05% 8,302 $293K New
NVDD Direxion Daily Nvda Bear 1X 0.05% 7,569 $290K New
MSFL Graniteshares 2X Long MSFT 0.05% 10,480 $285K Add +84.5%
ARR Armour Residential REIT Inc. 0.05% 15,958 $282K Reduce -8.6%
ROBN T-Rex 2X LNG Hod DLY Tar ETF 0.05% 5,214 $282K Add +85.7%
UNL United States 12 Month Natur 0.05% 37,643 $278K New
TUG STF Tactical Growth ETF 0.05% 6,873 $273K New
PDD PDD Holdings Inc. 0.05% 2,372 $269K New
ETH Grayscale Ethereum Staking M 0.05% 9,531 $267K Add +10.9%
VUG Vanguard Mrngstar GR ETF-Sui 0.05% 547 $267K Reduce -81.6%
APA Apa Corp. 0.05% 10,852 $265K New
EWJ iShares MSCI Japan ETF 0.05% 3,230 $261K New
WPC WP Carey Inc. 0.05% 3,972 $256K New
KYMR Kymera Therapeutics Inc. 0.05% 3,282 $255K New
CEE Central and Eastern Europe F 0.05% 14,395 $255K No change
SMST Defiance DLY TRG 2X SHR MSTR 0.05% 2,665 $247K Reduce -64.8%
AMZZ Graniteshares 2XL Amzn ETF 0.04% 7,654 $241K New
CRCD T-Rex 2X Inv CRCL Da Tar ETF 0.04% 6,865 $236K New
TSLL Dirx DLY Tsla Bul 2X ETF-Aui 0.04% 12,243 $234K Reduce -38.7%
AMDL Graniteshares 2XLONG AMD ETF 0.04% 14,966 $233K New
U Unity Software Inc. 0.04% 5,220 $231K New
LISTED FDS TR 0.04% 23,693 $226K Reduce -48.4%
EWW iShares MSCI Mexico ETF 0.04% 3,244 $225K New
KOD Kodiak Sciences Inc. 0.04% 8,037 $225K New
AAAU Goldman Sachs Physical Gold 0.04% 5,203 $221K Reduce -60.5%
CONY Yieldmax Coin Option Is ETF 0.04% 5,626 $221K New
FXL First Trust Technology Alpha 0.04% 1,300 $219K New
MAGS Roundhill Magnificent Seven 0.04% 3,289 $217K New
XOVR Ershares Private-Public Cros 0.04% 10,656 $215K Add +28.1%
BNT Brookfield Wealth Solutions 0.04% 3,330 $210K New
JMIA Jumia Technologies AG-ADR 0.04% 16,690 $208K New
IUSG iShares Core S&P U.S. Growth 0.04% 1,226 $206K New
INVESTMENT MANAGERS SER TR I 0.04% 12,992 $198K New
SGDM Sprott Gold Miners ETF 0.04% 2,800 $195K New
PROSHARES TR 0.04% 47,668 $193K Add +138.4%
MARA Mara Holdings Inc. 0.04% 21,355 $192K New
KORU Direxion DLY M SK Bull 3X-Ui 0.03% 1,039 $189K Reduce -39.9%
BITO Proshares Bitcoin ETF-Usd 0.03% 15,435 $188K Add +64.7%
ETF OPPORTUNITIES TRUST 0.03% 38,626 $185K Add +1006.1%
TPB Turning Point Brands Inc. 0.03% 1,695 $184K New
TEM Tempus AI Inc. Class A 0.03% 3,085 $182K New
ADBG Leverage Shares 2X Adbe 0.03% 17,194 $176K New
VTWG Vanguard Russell 2000 Growth 0.03% 742 $175K New
AIQ Global X Art Intel & Tech 0.03% 3,097 $158K New
TIC Tic Solutions Inc. 0.03% 15,308 $155K Add +26.2%
CRMG Leverage Shares 2X CRM 0.03% 11,241 $154K New
ETF OPPORTUNITIES TRUST 0.03% 16,877 $140K New
YMAX Yieldmax Universe Fo in Etfs 0.02% 12,658 $126K Add +1512.5%
NVO Novo-Nordisk A/S-Spons ADR 0.02% 2,466 $125K New
AVGW Roundhill Avgo Weeklypay ETF 0.02% 2,621 $125K New
TIDAL TRUST II 0.02% 20,589 $122K New
SOC Sable Offshore Corp. 0.02% 13,389 $121K New
OKLO Oklo Inc. 0.02% 1,645 $118K New
HOOY YLD Max Hood Opt in Stra ETF 0.02% 2,432 $115K New
TSMU Graniteshares 2X L TSM ETF 0.02% 2,593 $114K New
CANE Teucrium Sugar Fund 0.02% 11,547 $113K No change
NVDW Roundhill Nvda Weeklypay ETF 0.02% 2,657 $111K New
XRPI XRP ETF 0.02% 10,016 $106K New
CLSX Tradr 2X Long CLSK Daily ETF 0.02% 6,086 $99K New
HOOG Leverage Shares 2X Hood 0.02% 1,695 $92K Reduce -40.0%
CIFR Cipher Digital Inc. 0.02% 5,877 $87K Reduce -76.8%
MSOX Advisorshare Msos DLY LVR-US 0.02% 19,137 $86K New
SGDJ Sprott Jr. Gold Miners ETF 0.02% 1,003 $84K Reduce -72.0%
AVTX Avalo Therapeutics Inc. 0.02% 4,526 $82K New
BMNR Bitmine Immersion Technologi 0.01% 2,891 $78K New
DBRG Digitalbridge Group Inc. 0.01% 4,897 $75K New
CRML Critical Metals Corp. 0.01% 10,742 $75K Reduce -7.9%
BANK MONTREAL MEDIUM 0.01% 14,007 $74K New
NFLX Netflix Inc. 0.01% 764 $72K New
TLRY Tilray Brands Inc. 0.01% 7,558 $68K New
AMDY Yieldmax AMD Option Is ETF 0.01% 1,786 $68K New
MVST Microvast Holdings Inc. 0.01% 23,319 $65K Add +146.4%
BTCZ T-Rex 2X Inverse Bitcoin DLY 0.01% 14,692 $62K Add +103.0%
LEU Centrus Energy Corp. Class A 0.01% 231 $56K New
AP Ampco-Pittsburgh Corp. 0.01% 10,287 $55K New
MMM 3M Co. 0.01% 337 $54K New
INVESTMENT MANAGERS SER TR I 0.01% 1,516 $54K Reduce -84.1%
THEMES ETF TR 0.01% 19,388 $53K Reduce -27.8%
ABUS Arbutus Biopharma Corp. 0.01% 10,721 $52K New
GIL Gildan Activewear Inc. 0.01% 751 $47K New
GMEU T-Rex 2X Long Gme DLY Ta ETF 0.01% 5,305 $46K Add +192.9%
DDL Dingdong Cayman Ltd. -SPN ADR 0.01% 16,217 $40K New
IYM iShares U.S. Basic Materials 0.01% 250 $38K New
LABU DRXN DLY S&P BT BL 3X ETF-Ui 0.01% 240 $38K New
THEMES ETF TR 0.01% 14,620 $38K Add +163.9%
TSLY Yieldmax Tsla Option Inc. ETF 0.01% 957 $36K Reduce -97.0%
SIRI Sirius XM Holdings Inc. 0.01% 1,757 $35K Add +5.3%
ETF OPPORTUNITIES TRUST 0.01% 6,748 $34K New
MVLL Granite 2X Long MRVL ETF 0.01% 1,500 $32K Reduce -30.7%
NVDQ T-Rex 2X Inverse Nvidia DLY 0.01% 1,776 $30K New
ACB Aurora Cannabis Inc. 0.01% 6,962 $29K New
VEON Veon Ltd. 0.01% 549 $29K Reduce -78.6%
BITI Proshares Short Bitc ETF-Usd 0.01% 1,200 $28K New
AIYY Yieldmax AI Op Inc. STR ETF 0.00% 1,433 $25K Add +3.0%
UVXY Proshares Ultra Vix St Futur 0.00% 669 $24K Reduce -33.5%
NNE Nano Nuclear Energy Inc. 0.00% 964 $23K New
SMR Nuscale Power Corp. 0.00% 1,620 $23K New
NEON Neonode Inc. 0.00% 13,064 $23K New
EETH Proshares Ether ETF-Usd Inc. 0.00% 600 $22K New
ETHU 2X Ether ETF 0.00% 393 $21K New
KPDD Kraneshrs 2X Long PDD DL ETF 0.00% 1,726 $20K New
QTUM Defiance Quantum ETF 0.00% 172 $19K New
DSI iShares ESG MSCI KLD 400 ETF 0.00% 144 $19K Add +33.3%
PRN Invesco Dorsey Wright Indus 0.00% 100 $17K New
TARK Tradr 2X Long Innovation ETF 0.00% 300 $15K Add +130.8%
BKKT Bakkt Inc. filed as BAKKT HOLDINGS INC 0.00% 1,218 $12K Reduce -62.4%
INVESTMENT MANAGERS SER TR I 0.00% 730 $11K New
SO The Southern Co. 0.00% 117 $10K New
FCEL Fuelcell Energy Inc. 0.00% 1,273 $9K New
RMNI Rimini Street Inc. 0.00% 2,172 $8K Reduce -81.5%
DLLL Granite 2X Long Dell ETF 0.00% 300 $7K New
FNGS Microsectors Fang+ Etns filed as BANK MONTREAL MEDIUM 0.00% 100 $7K Reduce -95.0%
SDOW Proshares Ultpro SHRT DOW30 0.00% 193 $6K New
ES Eversource Energy 0.00% 67 $5K New
NAKA Nakamoto Inc. filed as KINDLY MD INC 0.00% 10,141 $4K Add +23.1%
TSLG Leverage Shares 2X Tsla 0.00% 300 $3K Reduce -97.9%
CGC Canopy Growth Corp. 0.00% 2,155 $2K Add +1.2%
FRGE Forge Global Holdings Inc. 0.00% 51 $2K New
MSTW Roundhill MSTR Weeklypay ETF 0.00% 160 $2K New
ULTY Yieldmax Ultra Option Inc. 0.00% 41 $2K New
NAK Northern Dynasty Minerals 0.00% 772 $2K New
DNA Ginkgo Bioworks Holdings Inc. 0.00% 177 $1K New
DFLI Dragonfly Energy Holdings Co. 0.00% 247 $758 New
WKHS Workhorse Group Inc. 0.00% 117 $596 New
NFE New Fortress Energy Inc. 0.00% 487 $555 Reduce -98.2%
SPWH Sportsman's Warehouse Holdin 0.00% 356 $520 New
PSQ HOLDINGS INC 0.00% 315 $324 Reduce -94.0%
TRON Tron Inc. 0.00% 58 $72 Reduce -95.8%

Options reported separately and not counted above: SPY puts ($16.0B), SPY calls ($15.5B), ES puts ($12.1B), TSLA puts ($5.7B), NVDA calls ($5.0B), TSLA calls ($5.0B), NVDA puts ($4.6B), QQQ puts ($4.4B), QQQ calls ($3.8B), ES calls ($3.7B), SO calls ($1.6B), SO puts ($1.3B), and 588 more.

Portfolio Sells Q3 2025 → Q4 2025

TSLA Tesla Inc. Sold out 0.00% −15.12
SPY SS SPDR S&P 500 ETF Trust-US Reduce -92.1% 2.72% −11.96
NVDA Nvidia Corp. Reduce -83.6% 5.27% −8.69
IBIT iShares Bitcoin Trust ETF Reduce -70.3% 6.30% −5.76
AVGO Broadcom Inc. Reduce -75.4% 5.67% −3.85
AAPL Apple Inc. Sold out 0.00% −1.31
META Meta Platforms Inc. Class A Sold out 0.00% −1.26
AMZN Amazon.com Inc. Reduce -77.5% 0.96% −0.80
VOO Vanguard S&P 500 ETF Sold out 0.00% −0.77
IVOL Quadratic Int Rte Vol Infl H Sold out 0.00% −0.28
SOLZ Solana ETF Sold out 0.00% −0.15
NFLU T-Rex 2X Long NFLX DT ETF Reduce -67.3% 0.10% −0.14
BITU Proshares Ultra Bitcoin ETF Reduce -67.0% 0.06% −0.13
COF Capital One Financial Corp. Sold out 0.00% −0.12
INVESTMENT MANAGERS SER TR Sold out 0.00% −0.12
IYY iShares Dow Jones U.S. ETF Sold out 0.00% −0.12
TSLY Yieldmax Tsla Option Inc. ETF Reduce -97.0% 0.01% −0.11
LEN Lennar Corp. Class A Sold out 0.00% −0.11
INVESTMENT MANAGERS SER TR I Reduce -84.1% 0.01% −0.10
RDDT Reddit Inc. Class A Sold out 0.00% −0.10
PATK Patrick Industries Inc. Sold out 0.00% −0.10
SARK Tradr 1X Short Innov DLY-Usd Sold out 0.00% −0.10
GME Gamestop Corp. Class A Sold out 0.00% −0.09
LISTED FDS TR Reduce -48.4% 0.04% −0.08
COOP Mr Cooper Group Inc. Sold out 0.00% −0.07
TIDAL TRUST II Sold out 0.00% −0.07
MUU Direxion Daily Mu Bull 2X Et Sold out 0.00% −0.07
XNTK SS SPDR Nyse Tech ETF Sold out 0.00% −0.07
TIDAL TRUST II Sold out 0.00% −0.07
VUG Vanguard Mrngstar GR ETF-Sui Reduce -81.6% 0.05% −0.07
PROSHARES ULTRA SOLANA ETF Sold out 0.00% −0.06
GRNY Fundstr Gran SH US LRG Cap Sold out 0.00% −0.06
FNGG Direxion Daily Nyse Fang+ Bu Reduce -61.1% 0.20% −0.06
CONL Granitesh 2X LNG Coin ETF-US Sold out 0.00% −0.06
ETHT Proshares Ultra Ether ETF Reduce -22.7% 0.17% −0.06
SNEX Stonex Group Inc. Sold out 0.00% −0.06
EUAD Select Stoxx Eur Aer DE ETF Sold out 0.00% −0.06
YETH Roundhill Etr Co. Call St ETF Sold out 0.00% −0.06
TIP iShares Tips Bond ETF Sold out 0.00% −0.05
SNOU T-Rex 2X Long Snow DT ETF Sold out 0.00% −0.05
BABX Granitesh 2XLNG Baba ETF-Usd Reduce -56.6% 0.09% −0.05
BLOK Amplify Blockchain Tech ETF Sold out 0.00% −0.05
PLTY Yieldmax PLTR Option Inc. ETF Sold out 0.00% −0.04
GSLC Goldman Activebeta US LC ETF Sold out 0.00% −0.04
EWZ iShares MSCI Brazil ETF Sold out 0.00% −0.04
DIREXION DAILY SEMI BEAR 3X Sold out 0.00% −0.04
SOXL Direx Dail Semi Bu 3X Et-Usd Sold out 0.00% −0.04
TIPT Tiptree Inc. Sold out 0.00% −0.04
ASHR Xtrackers Harvest Csi 300 CH Sold out 0.00% −0.04
ION Proshares S&P GL Core Bat MT Sold out 0.00% −0.04

Portfolio Buys Q3 2025 → Q4 2025

SMCI Super Micro Computer Inc. Add +175.0% 6.80% +5.04
GLD SPDR Gold Shares New 4.26% +4.26
PLTR Palantir Technologies Inc. Class A Add +91.2% 3.75% +2.88
WDC Western Digital Corp. Add +1211.0% 2.61% +2.55
SLVR Sprott SLVR Miner & PHY SLVR Add +16.0% 3.58% +2.52
MSTR Strategy Inc. Add +86.9% 4.66% +2.37
SLV iShares Silver Trust New 2.25% +2.25
KWEB Kranesh Csi China Internet New 1.48% +1.48
SIL Global X Silver Miners ETF Add +476.6% 1.57% +1.47
YINN Direxion DLY Ftse CH BL3X-Ui New 1.29% +1.29
SNDK Sandisk Corp. New 1.19% +1.19
CWEB Dirxn DLY Csi Cii B2X ETF-Ui Add +313.6% 1.26% +1.07
BABA Alibaba Group Holding-SP ADR Add +328.4% 1.14% +1.00
AVL Direx Dai Av Bull 2X ETF-Usd Add +552.2% 1.08% +1.00
SLVP iShares MSCI Global Silver A Add +5804.6% 0.81% +0.81
NLR Vaneck Urani & Nuclr ETF-Usd Add +1095.4% 0.78% +0.75
FXI iShares China Large-Cap ETF New 0.69% +0.69
PPH Vaneck Pharmaceutical ETF New 0.64% +0.64
COPX Global X Copper Miners ETF New 0.62% +0.62
SILJ Amplify Junior Silver Miners New 0.54% +0.54
BKCH Global X Blockchain ETF New 0.51% +0.51
FBL Granitesh 2XLNG Meta ETF-Usd New 0.48% +0.48
IAU iShares Gold Trust Add +6.8% 0.72% +0.46
COIN Coinbase Global Inc. Class A New 0.33% +0.33
UGL Proshares Ultra Gold Add +7.8% 0.47% +0.31
EFA iShares MSCI Eafe ETF Add +242.9% 0.32% +0.28
BITX 2X Bitcoin ETF New 0.26% +0.26
QBTS D-Wave Quantum Inc. New 0.25% +0.25
XLF SS Financial Select Sector New 0.24% +0.24
AGQ Proshares Ultra Silver New 0.23% +0.23
CRCL Circle Internet Group Inc. New 0.23% +0.23
TIDAL TRUST II New 0.22% +0.22
NVS Novartis AG-Sponsored ADR Add +2246.0% 0.22% +0.21
BTCI Neos Bitcoin High Income ETF New 0.19% +0.19
HYG Ishr Ibx Usd Hiyld CB ETF-Ui New 0.19% +0.19
HOOW Roundhill Hood Weeklypay ETF New 0.19% +0.19
ASTS Ast Spacemobile Inc. New 0.18% +0.18
MU Micron Technology Inc. New 0.17% +0.17
SHV iShares 0-1 Year Treasury Bo New 0.17% +0.17
MTUM iShares MSCI USA Momentum Fa Add +0.0% 0.17% +0.17
TIDAL TRUST II New 0.16% +0.16
CDE Coeur Mining Inc. Add +317.1% 0.18% +0.16
EWY iShares MSCI South Korea ETF New 0.16% +0.16
BTCW Wisdomtree Bitcoin Fund New 0.15% +0.15
SPXS Dirx Dai S&P500 B 3X ETF-Usd New 0.15% +0.15
GRID First TRST Nasd Class Edg Sgiif New 0.15% +0.15
SPXL Direxion Daily S&P 500 Bull New 0.14% +0.14
MQQQ Tradr 2X Long Innovation 100 New 0.14% +0.14
ITA iShares U.S. Aerospace & Def Add +5296.8% 0.14% +0.13
CRWV Coreweave Inc. Class A New 0.13% +0.13

Options Activity Q3 2025 → Q4 2025

SPY SS SPDR S&P 500 ETF Trust-US put Reduce -24.4% 23,424,200 $16.0B
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -19.3% 22,668,400 $15.5B
ES Eversource Energy put New 1,743,650 $12.1B
TSLA Tesla Inc. put Reduce -4.3% 12,638,100 $5.7B
NVDA Nvidia Corp. call Reduce -4.4% 26,753,000 $5.0B
TSLA Tesla Inc. call Add +5.2% 11,028,500 $5.0B
NVDA Nvidia Corp. put Reduce -1.4% 24,894,900 $4.6B
QQQ Invesco QQQ Trust Series 1 put Reduce -19.6% 7,111,200 $4.4B
QQQ Invesco QQQ Trust Series 1 call Reduce -4.3% 6,247,300 $3.8B
ES Eversource Energy call New 529,650 $3.7B
SO The Southern Co. call New 22,720,000 $1.6B
SO The Southern Co. put New 18,720,000 $1.3B
META Meta Platforms Inc. Class A call Reduce -6.7% 1,999,000 $1.3B
IWM iShares Russell 2000 ETF put Reduce -25.5% 3,994,900 $983.4M
META Meta Platforms Inc. Class A put Reduce -14.7% 1,436,900 $948.5M
AAPL Apple Inc. put Reduce -10.7% 2,937,300 $798.5M
SMH Vaneck Semiconductor ETF put Add +14.9% 2,150,900 $774.6M
AAPL Apple Inc. call Reduce -4.8% 2,735,000 $743.5M
GLD SPDR Gold Shares call Reduce -10.1% 1,839,400 $729.0M
IWM iShares Russell 2000 ETF call Reduce -29.5% 2,923,300 $719.6M
SMH Vaneck Semiconductor ETF call Add +0.2% 1,860,000 $669.8M
AMD Advanced Micro Devices call Reduce -9.4% 2,833,100 $606.7M
AMD Advanced Micro Devices put Add +2.2% 2,803,800 $600.5M
AMZN Amazon.com Inc. call Add +7.0% 2,528,700 $583.7M
AVGO Broadcom Inc. put Reduce -16.6% 1,667,300 $577.1M
AMZN Amazon.com Inc. put Reduce -13.7% 2,213,400 $510.9M
AVGO Broadcom Inc. call Reduce -10.7% 1,398,200 $483.9M
GLD SPDR Gold Shares put Reduce -35.1% 1,009,500 $400.1M
PLTR Palantir Technologies Inc. Class A put Add +10.8% 2,101,900 $373.6M
MSTR Strategy Inc. call Reduce -28.5% 1,983,200 $301.3M
MSTR Strategy Inc. put Reduce -46.1% 1,938,200 $294.5M
PLTR Palantir Technologies Inc. Class A call Reduce -1.3% 1,483,700 $263.7M
IBIT iShares Bitcoin Trust ETF call Add +10.1% 3,635,200 $180.5M
IBIT iShares Bitcoin Trust ETF put Reduce -46.5% 2,363,300 $117.3M
SLV iShares Silver Trust put Reduce -12.9% 1,698,500 $109.4M
SLV iShares Silver Trust call Reduce -50.0% 1,658,600 $106.8M
SMCI Super Micro Computer Inc. put Add +12.7% 3,476,300 $101.8M
SMCI Super Micro Computer Inc. call Reduce -16.6% 3,139,900 $91.9M
RTO Rentokil Initial PLC-SP ADR put New 13,300 $33.5M
RTO Rentokil Initial PLC-SP ADR call New 10,000 $24.8M
MQ Marqeta Inc. put New 618 $15.7M
WDC Western Digital Corp. put Add +221.4% 85,500 $15.0M
PPLT Abrdn Physical Platinum SHRS put Add +88.2% 71,700 $13.4M
MQ Marqeta Inc. call New 502 $12.8M
SBIT Proshares Ultrashort Bitcoin put Add +14606.3% 235,300 $10.3M
CWEB Dirxn DLY Csi Cii B2X ETF-Ui put Add +9064.3% 256,600 $10.3M
YINN Direxion DLY Ftse CH BL3X-Ui put New 219,800 $9.4M
CRCL Circle Internet Group Inc. call Add +1554.3% 115,800 $9.2M
COIN Coinbase Global Inc. Class A put Reduce -49.5% 38,800 $8.8M
SIL Global X Silver Miners ETF put Add +1725.0% 94,900 $7.9M

Showing the first 50 of 819.

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

Notes & Other Activity Q3 2025 → Q4 2025

LLYX Defiance DLY TRG 2X LNG LLY DEFIANCE DAILY Reduce -100.0% 0 $0
INVESTMENT MANAGERS SER TR I TRAD 2X QBTS ETF Reduce -100.0% 0 $0
NEBX Tradr 2X LNG Nbis DLY ETF TRADR 2X LONG Reduce -100.0% 0 $0
CONI Graniteshares 2X Short Coin 2X SHORT COIN Reduce -100.0% 0 $0
APLX Tradr 2X LNG Apld DLY ETF TRAD 2X APLD ETF New 0 $0
IVE iShares S&P 500 Value ETF S&P 500 VAL ETF Sold out 0 $0before exit
SBIT Proshares Ultrashort Bitcoin ULTRA BITCO ETF New 0 $0
TIDAL TRUST II DEFIANCE DAILY New 0 $0
WOLF Wolfspeed Inc. COMMON STOCK 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