Belvedere Trading LLC
CIK: 1632341
Last 13F
Nov 5, 2026
Next 13F
Filed · awaiting next quarter
Options Notional
$169.98B
Holdings (305)
Q3 2026 13F, quarter ended Sep 30, 2026, filed Nov 5, 2026
- MU
MICRON TECHNOLOGY INC
$97.24M
91,298 sh12.18%-29.8% - GLD
SPDR GOLD TR GOLD
$79.45M
208,624 sh9.95%+280.5% - AMZN
AMAZON COM INC
$67.94M
272,699 sh8.51%+103.3% - SPY
STATE STR SPDR S&P 500 ETF T TR
$50.27M
65,919 sh6.30%New - AAPL
APPLE INC
$49.15M
147,577 sh6.16%+56.6% - IWM
ISHARES
$46.67M
167,937 sh5.85%New - AVGO
BROADCOM INC
$46.52M
132,458 sh5.83%+113.6% - META
META PLATFORMS INC
$37.01M
51,030 sh4.64%+18.0% - DRAM
ROUNDHILL
$31.97M
529,604 sh4.00%+56.7% - MSTR
STRATEGY INC CL
$30.07M
196,425 sh3.77%-43.4% - AMD
ADVANCED MICRO DEVICES INC
$21.06M
34,427 sh2.64%+17.4% - SNDK
SANDISK CORP
$17.74M
10,198 sh2.22%-81.2% - IWB
ISHARES TR
$12.08M
29,023 sh1.51%New - IBIT
ISHARES BITCOIN TRUST ETF SHS
$10.9M
230,187 sh1.37%-35.6% - URA
GLOBAL X FDS GLOBAL
$10.54M
264,600 sh1.32%+19.5% - CRAK
VANECK ETF TRUST
$10.33M
163,072 sh1.29%+139.1% - IYW
ISHARES TR U.S.
$7.74M
29,227 sh0.97%-44.2% - MUU
DIREXION SHARES ETF TRUST DLY MU
$7.11M
193,093 sh0.89%-8.3% - UGL
PROSHARES TR
$6.89M
150,563 sh0.86%New - SPXU
PROSHARES TR ULTR SHO
$6.52M
187,258 sh0.82%+2417.3% - PLTR
PALANTIR TECHNOLOGIES INC
$5.19M
27,759 sh0.65%New - VTIP
VANGUARD MALVERN FDS
$4.77M
97,000 sh0.60%New - NLR
VANECK ETF TRUST URANI
$4.68M
45,191 sh0.59%New - SLV
ISHARES SILVER TR
$4.58M
84,079 sh0.57%New - SOXS
DIREXION SHARES ETF TRUST DAI SEM
$4.57M
138,086 sh0.57%-37.8% - SOXL
DIREXION SHARES ETF TRUST DAI SEM
$4.45M
30,093 sh0.56%+12.2% - BE
BLOOM ENERGY CORP COM
$3.91M
14,127 sh0.49%+923.7% - BNO
UNITED STS BRENT OIL FD LP
$3.8M
63,163 sh0.48%+25.9% - DIA
STATE STR SPDR DOW JONES IND UT
$3.09M
6,080 sh0.39%+159.9% - SH
PROSHARES TR SHOR
$2.95M
90,993 sh0.37%New - PLTU
DIREXION SHARES ETF TRUST DLY PLTR
$2.72M
48,370 sh0.34%New - DBB
INVESCO DB MULTI-SECTOR COMM
$2.6M
102,875 sh0.33%+11.8% - GOOGL
ALPHABET INC CAP STK
$2.32M
6,734 sh0.29%New - COPX
GLOBAL X FDS GLOBAL
$2.31M
27,244 sh0.29%-22.8% - QQQM
INVESCO EXCH TRADED FD TR
$2.31M
7,573 sh0.29%New - BITX
VOLATILITY SHS TR
$2.11M
107,556 sh0.26%+12421.1% - INTC
INTEL CORP
$2.09M
17,353 sh0.26%-95.2% - SMCI
SUPER MICRO COMPUTER INC
$1.96M
47,692 sh0.25%-78.5% - ZCSH
ZCASH
$1.86M
48,942 sh0.23%New - SNXX
INVESTMENT MANAGERS SER TR I TRAD 2X
$1.86M
111,303 sh0.23%-69.1% - CHPY
TIDAL TRUST II YIEL SE
$1.76M
25,391 sh0.22%+25291.0% - AIPO
TIDAL TRUST II DEFIA AI
$1.66M
58,878 sh0.21%+2408.7% - SLVR
SPROTT FDS
$1.59M
29,204 sh0.20%New - ASML
ASML HLDG NV N Y REGISTRY
$1.58M
871 sh0.20%+4.9% - XOP
SPDR SERIES TRUST SP O&G
$1.56M
8,689 sh0.20%New - SKHY
SK HYNIX
$1.51M
8,210 sh0.19%New - NVDX
ETF OPPORTUNITIES TRUST T REX
$1.51M
72,947 sh0.19%+81.8% - XME
SPDR SERIES TRUST ST STR
$1.5M
14,459 sh0.19%+400.3% - DUG
PROSHARES
$1.48M
95,732 sh0.19%New - GDX
VANECK ETF TRUST
$1.34M
15,239 sh0.17%-19.1%
| Security | Shares | Value | Change | Weight | Period |
|---|---|---|---|---|---|
 MU MICRON TECHNOLOGY INC | 91,298 | $97.24M | -29.8% | 12.18% | Q3 2026 |
 GLD SPDR GOLD TR GOLD | 208,624 | $79.45M | +280.5% | 9.95% | Q3 2026 |
 AMZN AMAZON COM INC | 272,699 | $67.94M | +103.3% | 8.51% | Q3 2026 |
 SPY STATE STR SPDR S&P 500 ETF T TR | 65,919 | $50.27M | New | 6.30% | Q3 2026 |
 AAPL APPLE INC | 147,577 | $49.15M | +56.6% | 6.16% | Q3 2026 |
 IWM ISHARES | 167,937 | $46.67M | New | 5.85% | Q3 2026 |
 AVGO BROADCOM INC | 132,458 | $46.52M | +113.6% | 5.83% | Q3 2026 |
 META META PLATFORMS INC | 51,030 | $37.01M | +18.0% | 4.64% | Q3 2026 |
 DRAM ROUNDHILL | 529,604 | $31.97M | +56.7% | 4.00% | Q3 2026 |
 MSTR STRATEGY INC CL | 196,425 | $30.07M | -43.4% | 3.77% | Q3 2026 |
 AMD ADVANCED MICRO DEVICES INC | 34,427 | $21.06M | +17.4% | 2.64% | Q3 2026 |
 SNDK SANDISK CORP | 10,198 | $17.74M | -81.2% | 2.22% | Q3 2026 |
 IWB ISHARES TR | 29,023 | $12.08M | New | 1.51% | Q3 2026 |
 IBIT ISHARES BITCOIN TRUST ETF SHS | 230,187 | $10.9M | -35.6% | 1.37% | Q3 2026 |
 URA GLOBAL X FDS GLOBAL | 264,600 | $10.54M | +19.5% | 1.32% | Q3 2026 |
 CRAK VANECK ETF TRUST | 163,072 | $10.33M | +139.1% | 1.29% | Q3 2026 |
 IYW ISHARES TR U.S. | 29,227 | $7.74M | -44.2% | 0.97% | Q3 2026 |
 MUU DIREXION SHARES ETF TRUST DLY MU | 193,093 | $7.11M | -8.3% | 0.89% | Q3 2026 |
 UGL PROSHARES TR | 150,563 | $6.89M | New | 0.86% | Q3 2026 |
 SPXU PROSHARES TR ULTR SHO | 187,258 | $6.52M | +2417.3% | 0.82% | Q3 2026 |
 PLTR PALANTIR TECHNOLOGIES INC | 27,759 | $5.19M | New | 0.65% | Q3 2026 |
 VTIP VANGUARD MALVERN FDS | 97,000 | $4.77M | New | 0.60% | Q3 2026 |
 NLR VANECK ETF TRUST URANI | 45,191 | $4.68M | New | 0.59% | Q3 2026 |
 SLV ISHARES SILVER TR | 84,079 | $4.58M | New | 0.57% | Q3 2026 |
 SOXS DIREXION SHARES ETF TRUST DAI SEM | 138,086 | $4.57M | -37.8% | 0.57% | Q3 2026 |
 SOXL DIREXION SHARES ETF TRUST DAI SEM | 30,093 | $4.45M | +12.2% | 0.56% | Q3 2026 |
 BE BLOOM ENERGY CORP COM | 14,127 | $3.91M | +923.7% | 0.49% | Q3 2026 |
 BNO UNITED STS BRENT OIL FD LP | 63,163 | $3.8M | +25.9% | 0.48% | Q3 2026 |
 DIA STATE STR SPDR DOW JONES IND UT | 6,080 | $3.09M | +159.9% | 0.39% | Q3 2026 |
 SH PROSHARES TR SHOR | 90,993 | $2.95M | New | 0.37% | Q3 2026 |
 PLTU DIREXION SHARES ETF TRUST DLY PLTR | 48,370 | $2.72M | New | 0.34% | Q3 2026 |
 DBB INVESCO DB MULTI-SECTOR COMM | 102,875 | $2.6M | +11.8% | 0.33% | Q3 2026 |
 GOOGL ALPHABET INC CAP STK | 6,734 | $2.32M | New | 0.29% | Q3 2026 |
 COPX GLOBAL X FDS GLOBAL | 27,244 | $2.31M | -22.8% | 0.29% | Q3 2026 |
 QQQM INVESCO EXCH TRADED FD TR | 7,573 | $2.31M | New | 0.29% | Q3 2026 |
 BITX VOLATILITY SHS TR | 107,556 | $2.11M | +12421.1% | 0.26% | Q3 2026 |
 INTC INTEL CORP | 17,353 | $2.09M | -95.2% | 0.26% | Q3 2026 |
 SMCI SUPER MICRO COMPUTER INC | 47,692 | $1.96M | -78.5% | 0.25% | Q3 2026 |
 ZCSH ZCASH | 48,942 | $1.86M | New | 0.23% | Q3 2026 |
 SNXX INVESTMENT MANAGERS SER TR I TRAD 2X | 111,303 | $1.86M | -69.1% | 0.23% | Q3 2026 |
 CHPY TIDAL TRUST II YIEL SE | 25,391 | $1.76M | +25291.0% | 0.22% | Q3 2026 |
 AIPO TIDAL TRUST II DEFIA AI | 58,878 | $1.66M | +2408.7% | 0.21% | Q3 2026 |
 SLVR SPROTT FDS | 29,204 | $1.59M | New | 0.20% | Q3 2026 |
 ASML ASML HLDG NV N Y REGISTRY | 871 | $1.58M | +4.9% | 0.20% | Q3 2026 |
 XOP SPDR SERIES TRUST SP O&G | 8,689 | $1.56M | New | 0.20% | Q3 2026 |
 SKHY SK HYNIX | 8,210 | $1.51M | New | 0.19% | Q3 2026 |
 NVDX ETF OPPORTUNITIES TRUST T REX | 72,947 | $1.51M | +81.8% | 0.19% | Q3 2026 |
 XME SPDR SERIES TRUST ST STR | 14,459 | $1.5M | +400.3% | 0.19% | Q3 2026 |
 DUG PROSHARES | 95,732 | $1.48M | New | 0.19% | Q3 2026 |
 GDX VANECK ETF TRUST | 15,239 | $1.34M | -19.1% | 0.17% | Q3 2026 |
1-50 of 305 holdings
Derivatives (747)
PUT + CALL positions. Value is notional exposure of the underlying, not capital deployed.
- EWPut
EDWARDS LIFESCIENCES CORP
$30.24B
3.90M sh17.79%New - EWCall
EDWARDS LIFESCIENCES CORP
$25.63B
3.30M sh15.08%New - SPYPut
STATE STR SPDR S&P 500 ETF T TR
$24.66B
32.33M sh14.51%+1.0% - ESPut
EVERSOURCE ENERGY
$21.41B
2.73M sh12.60%New - SPYCall
STATE STR SPDR S&P 500 ETF T TR
$20.54B
26.93M sh12.08%-0.1% - QQQCall
INVESCO QQQ TR UNIT
$5.7B
7.71M sh3.36%+10.9% - ESCall
EVERSOURCE ENERGY
$5.34B
679,950 sh3.14%New - QQQPut
INVESCO QQQ TR UNIT
$4.91B
6.64M sh2.89%+7.0% - NVDACall
NVIDIA CORPORATION
$3.5B
15.32M sh2.06%+3.7% - NVDAPut
NVIDIA CORPORATION
$2.91B
12.73M sh1.71%-23.0%
| Security | Type | Shares | Notional | Change | % of Book | Period |
|---|---|---|---|---|---|---|
 EW EDWARDS LIFESCIENCES CORP | Put | 3.90M | $30.24B | New | 17.79% | Q3 2026 |
EW EDWARDS LIFESCIENCES CORP | Call | 3.30M | $25.63B | New | 15.08% | Q3 2026 |
SPY STATE STR SPDR S&P 500 ETF T TR | Put | 32.33M | $24.66B | +1.0% | 14.51% | Q3 2026 |
 ES EVERSOURCE ENERGY | Put | 2.73M | $21.41B | New | 12.60% | Q3 2026 |
SPY STATE STR SPDR S&P 500 ETF T TR | Call | 26.93M | $20.54B | -0.1% | 12.08% | Q3 2026 |
 QQQ INVESCO QQQ TR UNIT | Call | 7.71M | $5.7B | +10.9% | 3.36% | Q3 2026 |
ES EVERSOURCE ENERGY | Call | 679,950 | $5.34B | New | 3.14% | Q3 2026 |
QQQ INVESCO QQQ TR UNIT | Put | 6.64M | $4.91B | +7.0% | 2.89% | Q3 2026 |
 NVDA NVIDIA CORPORATION | Call | 15.32M | $3.5B | +3.7% | 2.06% | Q3 2026 |
NVDA NVIDIA CORPORATION | Put | 12.73M | $2.91B | -23.0% | 1.71% | Q3 2026 |
1-10 of 747 derivatives
Sector Allocation
SEC Filings
| Form | Description | Filed |
|---|---|---|
About Belvedere Trading LLC
Belvedere Trading LLC is an Investment Adviser that reports its US-listed stock and option positions to the SEC on Form 13F (CIK 1632341). Signal8 holds 16 13F filings from it. Its SEC filings list Illinois as its state of incorporation.
Its most recent 13F holdings report covers Q3 2026 (the quarter ended Sep 30, 2026) and was filed on Nov 5, 2026. That report lists 305 securities, not counting options, down from 316 in Q2 2026.
Its five largest reported positions, in order, are MICRON TECHNOLOGY INC (MU), SPDR GOLD TR GOLD (GLD), AMAZON COM INC (AMZN), STATE STR SPDR S&P 500 ETF T TR (SPY) and APPLE INC (AAPL). The next five are ISHARES (IWM), BROADCOM INC (AVGO), META PLATFORMS INC (META), ROUNDHILL (DRAM) and STRATEGY INC CL (MSTR).
Recent 13F filings by Belvedere Trading LLC
- Q3 2026: 13F-HR filed Nov 5, 2026, listing 305 securities.
- Q2 2026: 13F-HR filed Jul 31, 2026, listing 316 securities.
- Q1 2026: 13F-HR filed May 12, 2026, listing 222 securities.
- Q4 2025: 13F-HR filed Feb 10, 2026, listing 257 securities.
- Q3 2025: 13F-HR filed Oct 27, 2025, listing 261 securities.
- Q2 2025: 13F-HR filed Aug 1, 2025, listing 227 securities.