Belvedere Trading LLC

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Belvedere Trading LLC reported 221 stock positions worth $749.8 million. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 23.7% of the portfolio, followed by Nvidia (NVDA, 21.9%) and Meta Platforms Class A (META, 11.3%). Compared with Q4 2025, it opened 122 new positions, sold out of 153, added to 48 and reduced 49. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +1170%) and the biggest sale an exit from Invesco QQQ Trust Series 1 (QQQ).

Most Recent 13F
Q2 2026
Location
CHICAGO, IL
CIK
0001632341
Portfolio Value
$749.8M (Q1 2026)
SEC Filing
0001062993-26-002538 ↗ filed May 12, 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 Q4 2025 Q1 2026: $749.8M $749.8M Q1 2026 Q2 2026: $1.2B Q2 2026

Holdings 221 stocks · $749.8M
SPY SS SPDR S&P 500 ETF Trust-US 23.75% 273,804 $178.1M Add +1170.3%
NVDA Nvidia Corp. 21.85% 939,419 $163.8M Add +515.4%
META Meta Platforms Inc. Class A 11.30% 148,050 $84.7M New
IBIT iShares Bitcoin Trust ETF 6.54% 1,275,474 $49.0M Add +86.0%
MSTR Strategy Inc. 5.17% 310,773 $38.8M Add +87.6%
GLD SPDR Gold Shares 4.49% 78,301 $33.7M Add +34.7%
IWM iShares Russell 2000 ETF 3.34% 100,877 $25.0M Add +82.6%
SLVR Sprott SLVR Miner & PHY SLVR 2.99% 378,924 $22.4M Add +9.4%
SLV iShares Silver Trust 2.19% 241,388 $16.4M Add +27.9%
AMD Advanced Micro Devices 1.84% 67,858 $13.8M Reduce -68.3%
SIL Global X Silver Miners ETF 1.44% 119,539 $10.8M Add +17.6%
PLTR Palantir Technologies Inc. Class A 1.05% 54,016 $7.9M Reduce -52.6%
SLVP iShares MSCI Global Silver A 0.75% 157,610 $5.6M Add +22.9%
AMZN Amazon.com Inc. 0.56% 20,071 $4.2M Reduce -10.7%
SNDK Sandisk Corp. 0.54% 6,335 $4.0M Reduce -76.7%
DIREXION SHARES ETF TRUST 0.53% 100,230 $4.0M New
SOXL Direx Dail Semi Bu 3X Et-Usd 0.53% 83,026 $4.0M New
SQQQ Proshares Ultrapro Short QQQ 0.35% 32,441 $2.6M Add +389.1%
IYW iShares Ustechnology ETF 0.26% 10,878 $2.0M New
ITA iShares U.S. Aerospace & Def 0.26% 8,887 $1.9M Add +161.4%
NUGT Dirxn DLY GM Indx B2X ETF-Ui 0.25% 10,146 $1.9M New
AAPU Direxion Daily Aapl Bull 2X 0.24% 63,162 $1.8M Add +35.3%
COPX Global X Copper Miners ETF 0.23% 22,700 $1.7M Reduce -51.2%
MUU Direxion Daily Mu Bull 2X Et 0.22% 13,951 $1.7M New
SPXU Prosh Ultrapro Short S&P 500 0.22% 29,411 $1.7M New
PPA Invesco Aerospace & Defense 0.22% 9,994 $1.7M New
OILK Pros K-1 Free CR Oil ETF-Usd 0.22% 30,279 $1.6M New
ETHA iShares Ethereum Trust ETF 0.20% 95,822 $1.5M Add +591.1%
PTNQ Pacer Trendpilot 100 ETF 0.20% 20,333 $1.5M New
TQQQ Proshares Ultrapro QQQ 0.20% 35,560 $1.5M New
URA Global X Uranium ETF 0.20% 30,465 $1.5M Add +105.5%
SILJ Amplify Junior Silver Miners 0.19% 48,289 $1.4M Reduce -54.4%
XAR SS SPDR S&P Aerospace Def 0.18% 5,453 $1.4M Add +303.6%
ICOP iShares Copper and Metals 0.18% 27,937 $1.3M New
VXX Ipath Series B S&P 500 Vix filed as BARCLAYS BANK PLC 0.17% 36,632 $1.3M New
SIVR Abrdn Physical Silver Shares 0.17% 17,549 $1.3M Add +7.7%
REMX Vaneck Rar Earth ND STG-Usdi 0.16% 14,050 $1.2M New
COIN Coinbase Global Inc. Class A 0.16% 6,675 $1.2M Reduce -15.9%
THD iShares MSCI Thailand ETF 0.15% 16,215 $1.1M New
JNUG Dirx DLY Junr Gmi B2X ETF-Ui 0.15% 5,537 $1.1M New
NLR Vaneck Urani & Nuclr ETF-Usd 0.15% 8,183 $1.1M Reduce -75.8%
LABU DRXN DLY S&P BT BL 3X ETF-Ui 0.14% 6,501 $1.1M Add +2608.8%
CRWV Coreweave Inc. Class A 0.14% 13,907 $1.1M Add +47.1%
BNO United States Brent Oil Fund 0.14% 19,624 $1.0M New
SNXX Tradr 2X Long SNDK Daily ETF 0.13% 26,789 $976K New
MTUM iShares MSCI USA Momentum Fa 0.13% 4,036 $969K Add +12.6%
SHV iShares 0-1 Year Treasury Bo 0.13% 8,773 $968K Add +4.5%
ASTX Tradr 2X Long Asts Daily ETF 0.13% 26,280 $957K Add +63.3%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.13% 11,977 $953K Reduce -7.0%
EEM iShares MSCI Emerging Market 0.12% 15,753 $895K New
LITE Lumentum Holdings Inc. 0.12% 1,248 $877K New
PSQ Proshares Short QQQ 0.11% 26,579 $856K New
KWEB Kranesh Csi China Internet 0.11% 29,983 $852K Reduce -87.2%
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.11% 617 $815K New
WBS Webster Financial Corp. 0.11% 11,446 $795K New
NVDD Direxion Daily Nvda Bear 1X 0.10% 18,709 $753K Add +147.2%
BKCH Global X Blockchain ETF 0.10% 12,848 $717K Reduce -70.2%
BNT Brookfield Wealth Solutions 0.09% 11,796 $681K Add +254.2%
INTW Granite 2X Long Intc ETF 0.09% 12,869 $667K Add +22.6%
URTH iShares MSCI World ETF 0.09% 3,547 $639K New
TNA Dir Dai SML Ca Bul 3X Et-Usd 0.08% 13,595 $600K New
VGT Vanguard Info Tech ETF 0.08% 816 $569K New
XSW SS SPDR S&P Soft & Serv ETF 0.07% 3,799 $541K New
GRID First TRST Nasd Class Edg Sgiif 0.07% 3,302 $540K Reduce -35.5%
CDE Coeur Mining Inc. 0.07% 28,031 $526K Reduce -47.5%
IONX Defiance DLY T 2X L Ionq ETF 0.07% 24,745 $514K New
VTI VG Morningstar TS MKT ETF-US 0.06% 1,511 $485K New
SOLT 2X Solana ETF 0.06% 10,380 $471K New
XLF SS Financial Select Sector 0.06% 9,497 $469K Reduce -59.8%
CAIE Calamos Autocallable Inc. ETF 0.06% 18,337 $461K New
IRE Defian Diy TT 2X Lo Iren ETF 0.06% 35,047 $457K New
BTCI Neos Bitcoin High Income ETF 0.06% 13,677 $448K Reduce -42.6%
ASST Strive Inc. Class A 0.06% 43,537 $436K New
IVV iShares Core S&P 500 ETF 0.06% 660 $431K New
IAU iShares Gold Trust 0.05% 4,562 $402K Reduce -90.5%
RGLD Royal Gold Inc. 0.05% 1,493 $380K New
DXJ Wisdomtree Japan Hedged Eq 0.05% 2,381 $378K New
BWET Breakwave Tanker Shipping 0.05% 3,827 $377K New
BITI Proshares Short Bitc ETF-Usd 0.05% 14,056 $375K Add +1071.3%
SPXL Direxion Daily S&P 500 Bull 0.05% 2,016 $373K Reduce -40.1%
SPXS Dirx Dai S&P500 B 3X ETF-Usd 0.05% 9,129 $370K Reduce -60.2%
GDXD Microsectors Gold Miners -3X filed as BANK MONTREAL MEDIUM 0.05% 8,837 $365K New
GDXU Microsectors Gold Miners 3X filed as BANK MONTREAL MEDIUM 0.05% 1,796 $362K New
AAAU Goldman Sachs Physical Gold 0.05% 7,780 $359K Add +49.5%
PONY Pony AI Inc. 0.05% 37,948 $358K New
EA Electronic Arts Inc. 0.05% 1,738 $354K Reduce -0.5%
PROSHARES ULTRA BLOOMBERG NA 0.05% 21,604 $348K Add +64.0%
KOLD Proshares Ultrashort Bloombe 0.05% 15,878 $345K Add +91.3%
GGLL Direxion Daily Googl Bull 2X 0.05% 4,403 $344K Reduce -24.1%
JPO Yieldmax JP Option Income St 0.04% 23,938 $332K Add +16.8%
ITB iShares U.S. Home Constructi 0.04% 3,501 $317K New
IUSG iShares Core S&P U.S. Growth 0.04% 1,990 $309K Add +62.3%
INVESTMENT MANAGERS SER TR I 0.04% 43,439 $304K New
SGDJ Sprott Jr. Gold Miners ETF 0.04% 3,470 $299K Add +246.0%
CWEB Dirxn DLY Csi Cii B2X ETF-Ui 0.04% 11,090 $297K Reduce -93.5%
TEMT Tradr 2X Long Tem Daily ETF 0.04% 16,533 $294K New
VOO Vanguard S&P 500 ETF 0.04% 487 $291K New
APPX Tradr 2X Long App Daily ETF 0.04% 9,918 $272K New
CEE Central and Eastern Europe F 0.04% 14,395 $263K No change
NVDL Granitesh 2X LNG Nvda ETF 0.04% 3,620 $263K Reduce -63.5%
AIA iShares Asia 50 ETF 0.03% 2,455 $261K New
HON Honeywell International Inc. 0.03% 1,146 $259K New
PALL Abrdn Physical Palladium SHS 0.03% 1,915 $258K New
AMZU Dire DLY Amzn Bul 2X ETF-Usd 0.03% 9,576 $257K New
WEBL Dirxn DLY DJNS Int BL3 E-Usi 0.03% 15,047 $253K New
NEBX Tradr 2X LNG Nbis DLY ETF 0.03% 7,821 $252K Add +0.0%
STCE Schwab Crypto TNLP ETF 0.03% 4,814 $250K New
DTCR Global X Data Center & Digit 0.03% 10,194 $244K New
THEMES ETF TR 0.03% 197,819 $239K New
HIMZ Defiance DT 2X Long Hims ETF 0.03% 10,352 $239K New
CWVX Tradr 2X Long CRWV Daily ETF 0.03% 12,401 $238K New
TUG STF Tactical Growth ETF 0.03% 6,286 $234K Reduce -8.5%
XNTK SS SPDR Nyse Tech ETF 0.03% 914 $233K New
AIRR First Trust Rba American Ind 0.03% 2,100 $233K New
KBWP Invesco KBW Property & Casua 0.03% 1,946 $232K New
AVL Direx Dai Av Bull 2X ETF-Usd 0.03% 7,020 $231K Reduce -94.7%
ARKQ ARK Autonomous Tech & Robot 0.03% 2,033 $229K Reduce -27.7%
SMCX Defiance DLY TRG 2X LNG Smci 0.03% 26,616 $227K New
DPST Dirx DLY RGNL BNK B3X ETF-Ui 0.03% 2,332 $225K New
EWW iShares MSCI Mexico ETF 0.03% 2,858 $215K Reduce -11.9%
TSM Taiwan Semiconductor-SP ADR 0.03% 635 $215K New
NNE Nano Nuclear Energy Inc. 0.03% 10,458 $214K Add +984.9%
AMUU Direx DLY AMD Bul 2X ETF-Usd 0.03% 4,981 $212K New
DBB Invesco DB Base Metals Fund 0.03% 8,912 $209K New
PDD PDD Holdings Inc. 0.03% 2,048 $209K Reduce -13.7%
Q Qnity Electronics Inc. 0.03% 1,752 $202K New
PXH Inves Rafi Emer MRKT-Usd Inc. 0.03% 7,492 $202K New
DIREXION DAILY S&P OIL & GAS 0.03% 48,548 $201K New
BTCW Wisdomtree Bitcoin Fund 0.03% 2,793 $200K Reduce -68.8%
GEVX Tradr 2X Long Gev Daily ETF 0.03% 3,813 $198K Reduce -70.7%
YMAX Yieldmax Universe Fo in Etfs 0.03% 24,326 $190K Add +92.2%
GRANITESHARES ETF TR 0.02% 42,674 $183K New
EPOL iShares MSCI Poland ETF 0.02% 4,926 $179K New
CPER United States Copper Index 0.02% 5,188 $179K New
YBTC Roundhill Bitcoin CC STR ETF 0.02% 8,297 $175K Reduce -35.3%
WDC Western Digital Corp. 0.02% 641 $173K Reduce -99.2%
PTIR Graniteshares 2X PLTR ETF 0.02% 10,572 $173K New
IREX Tradr 2X Long Iren Daily ETF 0.02% 9,811 $170K New
UGA United States Gas Fund LP 0.02% 1,644 $170K New
INVESTMENT MANAGERS SER TR I 0.02% 12,257 $169K New
PROSHARES ULTRASHORT BLOOMBE 0.02% 20,118 $167K New
SBIT Proshares Ultrashort Bitcoin 0.02% 2,925 $167K Add +0.0%
BITU Proshares Ultra Bitcoin ETF 0.02% 14,218 $165K Reduce -1.5%
NVO Novo-Nordisk A/S-Spons ADR 0.02% 4,326 $159K Add +75.4%
URNM Sprott Uranium Miners ETF 0.02% 2,426 $153K New
SHLD Global X Defense Tech ETF 0.02% 2,100 $149K New
WGMI CS BTC Min Dig PWR ETF 0.02% 4,143 $144K Reduce -68.8%
XOP SS SPDR S&P Og Exp & Prod 0.02% 776 $141K New
PL Planet Labs PBC 0.02% 4,977 $139K New
VRTL Granite 2X Long VRT ETF 0.02% 1,328 $135K New
SBET Sharplink Inc. 0.02% 20,489 $132K Reduce -44.3%
TSLS Direxion Daily Tsla Bear 1X 0.02% 2,179 $131K New
GBUG Sprott Active Gold & Silver 0.02% 2,882 $131K New
ETF OPPORTUNITIES TRUST 0.02% 74,024 $131K Add +91.6%
SVOL Simplify Volatility Premium 0.02% 7,703 $118K New
BBH Vaneck Biotech ETF 0.02% 606 $114K New
ACES Alps Clean Energy ETF 0.01% 3,300 $111K New
AIQ Global X Art Intel & Tech 0.01% 2,359 $110K Reduce -23.8%
APLX Tradr 2X LNG Apld DLY ETF 0.01% 9,912 $108K Add +0.0%
RKT Rocket Cos Inc. Class A 0.01% 7,429 $106K Reduce -62.9%
UNL United States 12 Month Natur 0.01% 15,071 $104K Reduce -60.0%
DLLL Granite 2X Long Dell ETF 0.01% 2,890 $101K Add +863.3%
SGDM Sprott Gold Miners ETF 0.01% 1,338 $101K Reduce -52.2%
IWN iShares Russell 2000 Value E 0.01% 519 $98K New
ARCC Ares Capital Corp. 0.01% 5,298 $95K New
USO United States Oil Fund LP 0.01% 734 $93K New
RKLX Defi Daily Ta 2X L RKLB ETF 0.01% 3,552 $91K New
THEMES ETF TR 0.01% 32,534 $88K Add +122.5%
THEMES ETF TR 0.01% 35,622 $84K Add +83.7%
ESPO Vaneck Videogaming Esports 0.01% 900 $81K New
MULL Graniteshares 2X Long Mu ETF 0.01% 752 $80K Reduce -87.8%
RDTE Roundhill Russell 2000 0DTE 0.01% 2,925 $79K New
FIDU Fidelity MSCI Indust Indx 0.01% 908 $79K New
NVDQ T-Rex 2X Inverse Nvidia DLY 0.01% 4,381 $77K Add +146.7%
OLPX Olaplex Holdings Inc. 0.01% 37,401 $76K New
ORCL Oracle Corp. 0.01% 516 $76K New
AVGX Defiance DLY TRG 2X LNG Avgo 0.01% 2,138 $75K New
PDM Piedmont Realty Trust Inc. 0.01% 11,228 $74K New
SKYY First Trust Cloud Computing 0.01% 667 $73K New
STGW Stagwell Inc. 0.01% 11,384 $72K New
NUAI New Era Energy & Digital Inc. 0.01% 16,946 $69K New
MSOX Advisorshare Msos DLY LVR-US 0.01% 31,300 $67K Add +63.6%
TIDAL TRUST II 0.01% 11,025 $67K Reduce -78.3%
XTN SS SPDR S&P Transport ETF 0.01% 700 $65K New
MSTW Roundhill MSTR Weeklypay ETF 0.01% 9,884 $62K Add +6077.5%
SPHB Invesco S&P 500 High Beta Et 0.01% 527 $61K New
VEON Veon Ltd. 0.01% 1,274 $59K Add +132.1%
PSP Invesco Global Listed Privat 0.01% 1,038 $59K New
CQQQ Invesco China Technology ETF 0.01% 1,222 $56K New
SMLF iShares US Smallcap Equity F 0.01% 735 $55K New
IAUI Neos Gold High Income ETF 0.01% 962 $55K New
SNAP Snap Inc. Class A 0.01% 11,862 $55K New
XSD SS SPDR S&P Semiconductor 0.01% 165 $54K Reduce -85.0%
PRTH Priority Technology Holdings 0.01% 11,137 $53K New
LRCU Tradr 2X Long LRCX Daily ETF 0.01% 1,674 $52K New
VLUE iShares MSCI USA Value Facto 0.01% 354 $50K New
TLS Telos Corporation 0.01% 11,152 $47K New
J Jacobs Solutions Inc. 0.01% 323 $41K Reduce -91.2%
CIFR Cipher Digital Inc. 0.00% 2,523 $32K Reduce -57.1%
TSLZ T-Rex 2X Inverse Tesla DLY 0.00% 1,976 $31K New
KORU Direxion DLY M SK Bull 3X-Ui 0.00% 109 $31K Reduce -89.5%
AETH Bit Tre Eth Tre Ro St Et-Usd 0.00% 820 $28K New
OSCR Oscar Health Inc. Class A 0.00% 2,196 $25K New
UTSL Dirx DLY Utilitis B3X ETF-Ui 0.00% 444 $22K New
FBT First Trust Nyse Arca Biotec 0.00% 100 $20K New
NVDX T-Rex 2X LNG Nvidia DLY TRGT 0.00% 1,197 $17K Reduce -98.8%
JAAA Janus Henderson Aaa Clo ETF 0.00% 288 $15K New
RGTX Defiance Daily T2XL Rgti ETF 0.00% 772 $11K New
SOXQ Invesco PHLX Semiconductor 0.00% 168 $10K New
MSTZ T-Rex 2X Inverse MSTR DT ETF 0.00% 639 $8K New
XHE SS SPDR S&P HC Equip ETF 0.00% 100 $8K New
FTEC Fidelity MSCI Info Tech Indx 0.00% 31 $6K New
CONI Graniteshares 2X Short Coin 0.00% 89 $5K Add +0.0%
TLRY Tilray Brands Inc. 0.00% 732 $5K Reduce -90.3%
ES Eversource Energy 0.00% 67 $5K No change
FCEL Fuelcell Energy Inc. 0.00% 588 $4K Reduce -53.8%
GMEU T-Rex 2X Long Gme DLY Ta ETF 0.00% 208 $2K Reduce -96.1%
NVDU Direxion Daily Nvda Bull 2X 0.00% 16 $2K Reduce -99.5%
QUINCE THERAPEUTICS INC 0.00% 13,080 $1K New
RTO Rentokil Initial PLC-SP ADR 0.00% 21 $661 New
NVD Granitesh 2XSHT Nvda ETF-Usd 0.00% 20 $151 Add +0.0%

Options reported separately and not counted above: SPY calls ($17.0B), SPY puts ($16.9B), ES puts ($14.8B), ES calls ($3.9B), QQQ calls ($3.9B), TSLA puts ($3.6B), NVDA puts ($3.4B), NVDA calls ($3.3B), QQQ puts ($3.2B), TSLA calls ($3.1B), IWM puts ($880.5M), SMH puts ($819.6M), and 492 more.

Other holdings (1): bonds, preferreds, convertibles and warrants · $13K (not counted above)
SecurityClassShares / PrincipalValueChange
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 10,450$13KNew

Total filed on the 13F, all lines: $749.8M.

Portfolio Sells Q4 2025 → Q1 2026
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −9.73
SMCI Super Micro Computer Inc. Sold out 0.00% −6.80
AMD Advanced Micro Devices Reduce -68.3% 1.84% −6.66
AVGO Broadcom Inc. Sold out 0.00% −5.67
PLTR Palantir Technologies Inc. Class A Reduce -52.6% 1.05% −2.69
WDC Western Digital Corp. Reduce -99.2% 0.02% −2.58
KWEB Kranesh Csi China Internet Reduce -87.2% 0.11% −1.37
YINN Direxion DLY Ftse CH BL3X-Ui Sold out 0.00% −1.29
CWEB Dirxn DLY Csi Cii B2X ETF-Ui Reduce -93.5% 0.04% −1.22
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −1.14
AVL Direx Dai Av Bull 2X ETF-Usd Reduce -94.7% 0.03% −1.05
FXI iShares China Large-Cap ETF Sold out 0.00% −0.69
IAU iShares Gold Trust Reduce -90.5% 0.05% −0.67
SNDK Sandisk Corp. Reduce -76.7% 0.54% −0.66
PPH Vaneck Pharmaceutical ETF Sold out 0.00% −0.64
GE General Electric Sold out 0.00% −0.64
NLR Vaneck Urani & Nuclr ETF-Usd Reduce -75.8% 0.15% −0.63
FBL Granitesh 2XLNG Meta ETF-Usd Sold out 0.00% −0.48
UGL Proshares Ultra Gold Sold out 0.00% −0.47
BKCH Global X Blockchain ETF Reduce -70.2% 0.10% −0.41
AMZN Amazon.com Inc. Reduce -10.7% 0.56% −0.40
COPX Global X Copper Miners ETF Reduce -51.2% 0.23% −0.39
GEV GE Vernova Inc. Sold out 0.00% −0.37
SILJ Amplify Junior Silver Miners Reduce -54.4% 0.19% −0.35
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.32
NVDX T-Rex 2X LNG Nvidia DLY TRGT Reduce -98.8% 0.00% −0.30
UNHG Leverage Shares 2X Unh Sold out 0.00% −0.27
BITX 2X Bitcoin ETF Sold out 0.00% −0.26
QBTS D-Wave Quantum Inc. Sold out 0.00% −0.25
AGQ Proshares Ultra Silver Sold out 0.00% −0.23
CRCL Circle Internet Group Inc. Sold out 0.00% −0.23
HUT Hut 8 Corp. Sold out 0.00% −0.22
TIDAL TRUST II Sold out 0.00% −0.22
NVS Novartis AG-Sponsored ADR Sold out 0.00% −0.22
FNGG Direxion Daily Nyse Fang+ Bu Sold out 0.00% −0.20
IVES Dan Wedbush AI Rev ETF Sold out 0.00% −0.19
HOOW Roundhill Hood Weeklypay ETF Sold out 0.00% −0.19
SCHB Schwab US Broad Market ETF Sold out 0.00% −0.19
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.19
ASTS Ast Spacemobile Inc. Sold out 0.00% −0.18
XLF SS Financial Select Sector Reduce -59.8% 0.06% −0.18
COIN Coinbase Global Inc. Class A Reduce -15.9% 0.16% −0.18
MU Micron Technology Inc. Sold out 0.00% −0.17
ETHT Proshares Ultra Ether ETF Sold out 0.00% −0.17
EWY iShares MSCI South Korea ETF Sold out 0.00% −0.16
CHAT Roundhill Gen AI & Tech ETF Sold out 0.00% −0.15
TIDAL TRUST II Reduce -78.3% 0.01% −0.15
MQQQ Tradr 2X Long Innovation 100 Sold out 0.00% −0.14
BTCI Neos Bitcoin High Income ETF Reduce -42.6% 0.06% −0.13
BTCW Wisdomtree Bitcoin Fund Reduce -68.8% 0.03% −0.13

Portfolio Buys Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US Add +1170.3% 23.75% +21.03
NVDA Nvidia Corp. Add +515.4% 21.85% +16.58
META Meta Platforms Inc. Class A New 11.30% +11.30
IWM iShares Russell 2000 ETF Add +82.6% 3.34% +0.82
DIREXION SHARES ETF TRUST New 0.53% +0.53
SOXL Direx Dail Semi Bu 3X Et-Usd New 0.53% +0.53
MSTR Strategy Inc. Add +87.6% 5.17% +0.51
SQQQ Proshares Ultrapro Short QQQ Add +389.1% 0.35% +0.26
IYW iShares Ustechnology ETF New 0.26% +0.26
NUGT Dirxn DLY GM Indx B2X ETF-Ui New 0.25% +0.25
IBIT iShares Bitcoin Trust ETF Add +86.0% 6.54% +0.23
GLD SPDR Gold Shares Add +34.7% 4.49% +0.23
MUU Direxion Daily Mu Bull 2X Et New 0.22% +0.22
SPXU Prosh Ultrapro Short S&P 500 New 0.22% +0.22
PPA Invesco Aerospace & Defense New 0.22% +0.22
OILK Pros K-1 Free CR Oil ETF-Usd New 0.22% +0.22
PTNQ Pacer Trendpilot 100 ETF New 0.20% +0.20
TQQQ Proshares Ultrapro QQQ New 0.20% +0.20
ICOP iShares Copper and Metals New 0.18% +0.18
VXX Ipath Series B S&P 500 Vix New 0.17% +0.17
REMX Vaneck Rar Earth ND STG-Usdi New 0.16% +0.16
THD iShares MSCI Thailand ETF New 0.15% +0.15
JNUG Dirx DLY Junr Gmi B2X ETF-Ui New 0.15% +0.15
ETHA iShares Ethereum Trust ETF Add +591.1% 0.20% +0.14
LABU DRXN DLY S&P BT BL 3X ETF-Ui Add +2608.8% 0.14% +0.14
BNO United States Brent Oil Fund New 0.14% +0.14
SNXX Tradr 2X Long SNDK Daily ETF New 0.13% +0.13
XAR SS SPDR S&P Aerospace Def Add +303.6% 0.18% +0.12
ITA iShares U.S. Aerospace & Def Add +161.4% 0.26% +0.12
EEM iShares MSCI Emerging Market New 0.12% +0.12
LITE Lumentum Holdings Inc. New 0.12% +0.12
PSQ Proshares Short QQQ New 0.11% +0.11
ASML ASML Holding NV-NY Reg SHS New 0.11% +0.11
WBS Webster Financial Corp. New 0.11% +0.11
URTH iShares MSCI World ETF New 0.09% +0.09
TNA Dir Dai SML Ca Bul 3X Et-Usd New 0.08% +0.08
URA Global X Uranium ETF Add +105.5% 0.20% +0.08
VGT Vanguard Info Tech ETF New 0.08% +0.08
XSW SS SPDR S&P Soft & Serv ETF New 0.07% +0.07
IONX Defiance DLY T 2X L Ionq ETF New 0.07% +0.07
VTI VG Morningstar TS MKT ETF-US New 0.06% +0.06
SOLT 2X Solana ETF New 0.06% +0.06
CAIE Calamos Autocallable Inc. ETF New 0.06% +0.06
IRE Defian Diy TT 2X Lo Iren ETF New 0.06% +0.06
ASST Strive Inc. Class A New 0.06% +0.06
IVV iShares Core S&P 500 ETF New 0.06% +0.06
BNT Brookfield Wealth Solutions Add +254.2% 0.09% +0.05
RGLD Royal Gold Inc. New 0.05% +0.05
DXJ Wisdomtree Japan Hedged Eq New 0.05% +0.05
BWET Breakwave Tanker Shipping New 0.05% +0.05

Options Activity Q4 2025 → Q1 2026
SPY SS SPDR S&P 500 ETF Trust-US call Add +15.2% 26,107,700 $17.0B
SPY SS SPDR S&P 500 ETF Trust-US put Add +11.1% 26,031,800 $16.9B
ES Eversource Energy put Add +27.4% 2,222,000 $14.8B
ES Eversource Energy call Add +10.6% 585,950 $3.9B
QQQ Invesco QQQ Trust Series 1 call Add +7.9% 6,743,600 $3.9B
TSLA Tesla Inc. put Reduce -22.8% 9,754,100 $3.6B
NVDA Nvidia Corp. put Reduce -22.3% 19,352,100 $3.4B
NVDA Nvidia Corp. call Reduce -30.0% 18,720,400 $3.3B
QQQ Invesco QQQ Trust Series 1 put Reduce -21.2% 5,602,900 $3.2B
TSLA Tesla Inc. call Reduce -23.6% 8,430,900 $3.1B
SO The Southern Co. call Sold out 22,720,000 $1.6Bbefore exit
SO The Southern Co. put Sold out 18,720,000 $1.3Bbefore exit
IWM iShares Russell 2000 ETF put Reduce -11.1% 3,550,600 $880.5M
SMH Vaneck Semiconductor ETF put Reduce -0.6% 2,137,600 $819.6M
META Meta Platforms Inc. Class A call Reduce -39.6% 1,206,700 $690.4M
GLD SPDR Gold Shares call Reduce -19.6% 1,479,100 $636.4M
SMH Vaneck Semiconductor ETF call Reduce -19.8% 1,491,600 $571.9M
GLD SPDR Gold Shares put Add +30.1% 1,313,100 $565.0M
AAPL Apple Inc. call Reduce -23.6% 2,090,400 $530.5M
META Meta Platforms Inc. Class A put Reduce -36.2% 916,400 $524.3M
IWM iShares Russell 2000 ETF call Reduce -30.0% 2,046,500 $507.5M
AAPL Apple Inc. put Reduce -32.6% 1,978,900 $502.2M
AVGO Broadcom Inc. put Reduce -15.7% 1,405,900 $435.1M
AMZN Amazon.com Inc. call Reduce -18.9% 2,050,000 $427.0M
AMD Advanced Micro Devices put Reduce -32.5% 1,893,100 $385.1M
AMD Advanced Micro Devices call Reduce -37.2% 1,779,100 $361.9M
AVGO Broadcom Inc. call Reduce -19.9% 1,119,400 $346.5M
AMZN Amazon.com Inc. put Reduce -31.4% 1,517,900 $316.1M
PLTR Palantir Technologies Inc. Class A put Reduce -7.0% 1,954,100 $285.8M
SLV iShares Silver Trust call Add +111.2% 3,503,000 $238.7M
PLTR Palantir Technologies Inc. Class A call Add +1.0% 1,498,300 $219.2M
MSTR Strategy Inc. put Reduce -20.8% 1,535,300 $191.6M
MSTR Strategy Inc. call Reduce -27.9% 1,429,000 $178.3M
SLV iShares Silver Trust put Add +50.4% 2,554,700 $174.1M
IBIT iShares Bitcoin Trust ETF call Add +3.9% 3,775,600 $145.1M
IBIT iShares Bitcoin Trust ETF put Add +42.0% 3,354,800 $128.9M
SMCI Super Micro Computer Inc. call Add +20.5% 3,782,800 $86.1M
SMCI Super Micro Computer Inc. put Reduce -29.2% 2,460,300 $56.0M
RTO Rentokil Initial PLC-SP ADR put Reduce -9.4% 12,050 $30.5M
SNDK Sandisk Corp. put Add +137.9% 40,200 $25.5M
MQ Marqeta Inc. put Add +72.2% 1,064 $25.4M
MQ Marqeta Inc. call Add +53.8% 772 $18.5M
CRCL Circle Internet Group Inc. call Reduce -7.9% 106,700 $10.2M
SIL Global X Silver Miners ETF put Add +17.7% 111,700 $10.1M
RTO Rentokil Initial PLC-SP ADR call Reduce -61.0% 3,900 $9.8M
YINN Direxion DLY Ftse CH BL3X-Ui put Sold out 219,800 $9.4Mbefore exit
COIN Coinbase Global Inc. Class A call Add +67.9% 49,700 $8.7M
SNDK Sandisk Corp. call Add +735.7% 11,700 $7.4M
SIL Global X Silver Miners ETF call Add +325.3% 65,500 $5.9M
CRCL Circle Internet Group Inc. put Add +1.1% 54,000 $5.2M

Showing the first 50 of 808.

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

Notes & Other Activity Q4 2025 → Q1 2026
XRXDW Xerox Holdings Corp. *W EXP 02/11/202 New 10,450 $13K
VUG Vanguard Mrngstar GR ETF-Sui GROWTH ETF Reduce -100.0% 0 $0
CRCD T-Rex 2X Inv CRCL Da Tar ETF T RE 2X CRCL ETF Reduce -100.0% 0 $0
AMZD Direxion Daily Amzn Bear 1X DLY AMZN BEAR 1X New 0 $0
INVESTMENT MANAGERS SER TR I TRAD 2X QBTS ETF Sold out 0 $0before exit
LLYX Defiance DLY TRG 2X LNG LLY DEFIANCE DAILY Sold out 0 $0before exit
TIDAL TRUST II DEFIANCE DAILY Sold out 0 $0before exit
PLTY Yieldmax PLTR Option Inc. ETF YIELD PLTR ETF New 0 $0
VOOG Vanguard S&P 500 Growth ETF 500 GRTH IDX F New 0 $0

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