Belvedere Trading LLC Buys iShares Silver Trust, SPDR Gold Trust, CME Group Inc, Sells SPDR S&P 500, PowerShares QQQ Trust Ser 1, iShares Russell 2000

Author's Avatar
Apr 08, 2020
Article's Main Image
Investment company Belvedere Trading LLC (Current Portfolio) buys iShares Silver Trust, SPDR Gold Trust, CME Group Inc, sells SPDR S&P 500, PowerShares QQQ Trust Ser 1, iShares Russell 2000, iPath Series B S&P 500 VIX Short-Term Futures ETN during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Belvedere Trading LLC. As of 2020Q1, Belvedere Trading LLC owns 4 stocks with a total value of $168 million. These are the details of the buys and sells.

For the details of Belvedere Trading LLC's stock buys and sells, go to https://www.gurufocus.com/guru/belvedere+trading+llc/current-portfolio/portfolio

These are the top 5 holdings of Belvedere Trading LLC
  1. SPDR S&P 500 (SPY) - 431,217 shares, 66.18% of the total portfolio. Shares reduced by 39.04%
  2. iShares Silver Trust (SLV) - 2,931,683 shares, 22.78% of the total portfolio. Shares added by 108.02%
  3. SPDR Gold Trust (GLD) - 101,763 shares, 8.97% of the total portfolio. Shares added by 83.79%
  4. CME Group Inc (CME) - 20,116 shares, 2.07% of the total portfolio. New Position
  5. iShares Russell 2000 (IWM) - 0 shares, 0.00% of the total portfolio. Shares reduced by 10000%
New Purchase: CME Group Inc (CME)

Belvedere Trading LLC initiated holding in CME Group Inc. The purchase prices were between $139.54 and $223.63, with an estimated average price of $199.4. The stock is now traded at around $180.97. The impact to a portfolio due to this purchase was 2.07%. The holding were 20,116 shares as of .

Added: iShares Silver Trust (SLV)

Belvedere Trading LLC added to a holding in iShares Silver Trust by 108.02%. The purchase prices were between $11.21 and $17.4, with an estimated average price of $15.83. The stock is now traded at around $13.94. The impact to a portfolio due to this purchase was 11.83%. The holding were 2,931,683 shares as of .

Added: SPDR Gold Trust (GLD)

Belvedere Trading LLC added to a holding in SPDR Gold Trust by 83.79%. The purchase prices were between $138.04 and $157.81, with an estimated average price of $148.89. The stock is now traded at around $154.65. The impact to a portfolio due to this purchase was 4.09%. The holding were 101,763 shares as of .

Sold Out: PowerShares QQQ Trust Ser 1 (QQQ)

Belvedere Trading LLC sold out a holding in PowerShares QQQ Trust Ser 1. The sale prices were between $169.3 and $236.98, with an estimated average price of $212.89.

Sold Out: iShares Russell 2000 (IWM)

Belvedere Trading LLC sold out a holding in iShares Russell 2000. The sale prices were between $99.52 and $168.88, with an estimated average price of $148.55.

Sold Out: iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)

Belvedere Trading LLC sold out a holding in iPath Series B S&P 500 VIX Short-Term Futures ETN. The sale prices were between $13.29 and $69, with an estimated average price of $24.34.

Reduced: SPDR S&P 500 (SPY)

Belvedere Trading LLC reduced to a holding in SPDR S&P 500 by 39.04%. The sale prices were between $222.95 and $338.34, with an estimated average price of $307.42. The stock is now traded at around $274.03. The impact to a portfolio due to this sale was -29.69%. Belvedere Trading LLC still held 431,217 shares as of .



Here is the complete portfolio of Belvedere Trading LLC. Also check out:

1. Belvedere Trading LLC's Undervalued Stocks
2. Belvedere Trading LLC's Top Growth Companies, and
3. Belvedere Trading LLC's High Yield stocks
4. Stocks that Belvedere Trading LLC keeps buying