Fund HoldingsBelvedere Trading LLC

Total Portfolio Value
$88.71B
Total Bought
$16.58B
Total Sold
$6.07B
Net Transaction
+$10.51B
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
SPDR S&P 500 ETF TR(SPY)(Call)29,593,40048,626,700+19,033,30017,344,10027,201,290+9,857,190
SPDR S&P 500 ETF TR(SPY)(Put)046,998,000+46,998,000026,290,211+26,290,211
MICROSTRATEGY INC(MSTR)(Call)980,3002,542,600+1,562,300283,914732,955+449,041
MICROSTRATEGY INC(MSTR)(Put)2,087,3003,385,300+1,298,000604,524975,880+371,357
INVESCO QQQ TR(Put)7,904,8009,196,500+1,291,7004,041,1714,312,423+271,252
MICROSTRATEGY INC(MSTR)283,265896,772+613,50782,039258,5120.29%+176,473
BROADCOM INC(AVGO)(Put)01,045,700+1,045,7000175,082+175,082
SPDR S&P 500 ETF TR(SPY)0582,097+582,0970325,6190.37%+325,619
VANECK ETF TRUST(Call)
SEMICONDUCTR ETF
467,2001,168,600+701,400113,142247,124+133,982
ADVANCED MICRO DEVICES INC(AMD)(Put)2,038,8003,513,000+1,474,200246,267360,926+114,659
SUPER MICRO COMPUTER INC(SMCI)(Call)1,323,9004,217,100+2,893,20040,352144,394+104,041
BROADCOM INC(AVGO)(Call)0604,200+604,2000101,161+101,161
VANECK ETF TRUST(Put)
SEMICONDUCTR ETF
1,087,1001,506,600+419,500263,263318,601+55,338
ADVANCED MICRO DEVICES INC(AMD)(Call)01,716,800+1,716,8000176,384+176,384
SUPER MICRO COMPUTER INC(SMCI)(Put)2,214,2003,521,400+1,307,20067,489120,573+53,084
ISHARES TR19,662200,248+180,5864,34539,9470.05%+35,603
ISHARES BITCOIN TRUST ETF(IBIT)(Call)0638,500+638,500029,888+29,888
META PLATFORMS INC(META)0102,979+102,979059,3530.07%+59,353
BROADCOM INC(AVGO)0124,615+124,615020,8640.02%+20,864
APPLE INC(AAPL)091,585+91,585020,3440.02%+20,344
ISHARES TR(Call)05,429,800+5,429,80001,083,191+1,083,191
ISHARES TR(Put)06,159,100+6,159,10001,228,679+1,228,679
ISHARES BITCOIN TRUST ETF(IBIT)(Put)75,000285,400+210,4003,97913,360+9,381
VANGUARD INDEX FDS(Call)022,900+22,90008,492+8,492
AMAZON COM INC(AMZN)116,409175,306+58,89725,53933,3540.04%+7,815
ALIBABA GROUP HLDG LTD(BABA)(Call)75,40093,600+18,2006,41712,406+5,989
VANGUARD INDEX FDS014,510+14,51007,4570.01%+7,457
ISHARES TR(Put)070,000+70,00005,522+5,522
WESTERN DIGITAL CORP(WDC)(Call)0126,500+126,50005,314+5,314
DIREXION SHS ETF TR(Call)
DAILY NYSE FANG
041,300+41,30005,500+5,500
ISHARES GOLD TR(IAU)(Call)075,300+75,30004,440+4,440
HUYA INC(Put)01,113,700+1,113,70003,575+3,575
ETF OPPORTUNITIES TRUST(Put)
T REX 2X LONG HO
0262,500+262,50003,294+3,294
ISHARES TR(Call)06,000+6,00003,371+3,371
BAIDU INC(Call)036,500+36,50003,359+3,359
TEMPUS AI INC(TEM)(Call)058,300+58,30002,812+2,812
ISHARES TR(Put)
MSCI USA MMENTM
013,200+13,20002,668+2,668
C3 AI INC(AI)(Put)0100,000+100,00002,105+2,105
DIREXION SHS ETF TR
DAI SEM BUL ETF
0127,895+127,89502,0400.00%+2,040
DIREXION SHS ETF TR069,686+69,68602,0200.00%+2,020
FUTU HLDGS LTD(FUTU)(Call)029,700+29,70003,040+3,040
AZEK CO INC(Call)038,100+38,10001,863+1,863
HUYA INC0575,143+575,14301,8460.00%+1,846
ETF SER SOLUTIONS(Call)
DEFIA QUANT ETF
027,200+27,20002,027+2,027
PROSHARES TR(Call)
BITCOIN ETF
0103,200+103,20001,891+1,891
GRANITESHARES ETF TR(Call)
2X SHOR TSLA NEW
060,200+60,20001,501+1,501
DIREXION SHS ETF TR(Call)
DAIL CSI 300 ETF
0104,400+104,40001,492+1,492
ISHARES TR042,563+42,56301,8600.00%+1,860
ARK ETF TR(Call)
INNOVATION ETF
030,000+30,00001,427+1,427
VANGUARD ADMIRAL FDS INC(Call)06,100+6,10002,040+2,040
PROSHARES TR(Call)025,900+25,90001,405+1,405
DIREXION SHS ETF TR
DLY TSLA BULL 2X
0326,269+326,26903,1060.00%+3,106
LENNAR CORP(LEN)011,165+11,16501,2820.00%+1,282
VANECK ETF TRUST
GOLD MINERS ETF
031,961+31,96101,4690.00%+1,469
INVESTMENT MANAGERS SER TR I(Call)
TRADR 1X SHORT
027,400+27,40001,245+1,245
LENNAR CORP(LEN)(Put)09,500+9,50001,216+1,216
GRANITESHARES ETF TR(Call)
2X LONG META ETF
045,500+45,50001,386+1,386
GRANITESHARES ETF TR(Call)
2X LNG BABA DAL
032,600+32,60001,161+1,161
ETF OPPORTUNITIES TRUST
T REX 2X LONG HO
087,463+87,46301,0980.00%+1,098
ISHARES TR(Call)08,000+8,00001,074+1,074
INVESCO EXCHANGE TRADED FD T(Put)
S&P MDCP MOMNTUM
010,100+10,10001,149+1,149
FIRST TR EXCHANGE TRADED FD(Call)
CLOUD COMPUTING
010,500+10,50001,073+1,073
VANGUARD INDEX FDS(Call)03,800+3,80001,044+1,044
ISHARES TR(Put)
MSCI INDIA ETF
020,000+20,00001,030+1,030
ISHARES TR
MSCI USA MMENTM
04,997+4,99701,0100.00%+1,010
PROSHARES TR II(AGQ)021,630+21,63009980.00%+998
TEMPUS AI INC(TEM)(Put)020,600+20,6000994+994
TIDAL TR II(Call)
YIELDMAX META
060,400+60,4000977+977
KRANESHARES TRUST(Call)82,50096,600+14,1002,4123,372+960
WISDOMTREE TR(WT)(Put)09,100+9,10001,003+1,003
INVESTMENT MANAGERS SER TR I020,408+20,40809340.00%+934
PROSHARES TR II042,084+42,08409860.00%+986
PROSHARES TR II(AGQ)(Call)020,000+20,0000923+923
INVESCO DB US DLR INDEX TR(UDN)052,224+52,22409170.00%+917
VANGUARD ADMIRAL FDS INC(Put)07,200+7,20002,408+2,408
INVESCO EXCH TRADED FD TR II(Call)012,000+12,0000897+897
SPDR SER TR(Call)
ST STR SP AERO
011,100+11,10001,784+1,784
ARK ETF TR
INNOVATION ETF
017,920+17,92008530.00%+853
SPDR INDEX SHS FDS(Put)025,000+25,0000840+840
ABRDN PALLADIUM ETF TRUST09,221+9,22108350.00%+835
PROSHARES TR II(Call)
ULTRA BLOOMBERG
048,200+48,2000827+827
FIRST TR EXCHANGE TRADED FD(Call)
NASDAQ CYB ETF
012,900+12,9000813+813
LENNAR CORP(LEN)(Call)06,300+6,3000807+807
AZEK CO INC016,228+16,22807930.00%+793
INVESTMENT MANAGERS SER TR I(Call)024,900+24,9000755+755
CENTRUS ENERGY CORP(LEU)(Call)012,100+12,1000753+753
KINGSOFT CLOUD HLDGS LTD(KC)(Call)050,000+50,0000718+718
GAMESTOP CORP NEW(GME)(Put)067,700+67,70001,511+1,511
HESAI GROUP(HSAI)(Call)046,600+46,6000690+690
KRANESHARES TRUST(Put)025,000+25,0000873+873
PROSHARES TR(Call)
PROSHARES S&P
026,000+26,0000669+669
PROSHARES TR
ETHER ETF
019,342+19,34206620.00%+662
INVESCO EXCHANGE TRADED FD T
S&P MDCP MOMNTUM
07,707+7,70708770.00%+877
DIREXION SHS ETF TR(Call)
DAILY CSI CHINA
014,600+14,6000629+629
KRANESHARES TRUST(Call)026,400+26,4000624+624
USCF ETF TR(Call)
GOLD STRATEGY
017,900+17,9000615+615
GLOBAL X FDS(Call)
GLOBAL X SILVER
015,000+15,0000592+592
GAMESTOP CORP NEW(GME)039,673+39,67308860.00%+886
FIRST TR EXCHANGE TRADED FD(Call)
RBA INDL ETF
013,000+13,0000887+887
ISHARES TR(Call)03,900+3,9000526+526
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