Belvedere Trading LLC NVDU — DIREXION SHS ETF TR

Ownership history in Belvedere Trading LLC  ·  21 quarters on record

AI Ownership Summary

Belvedere Trading LLC reported DIREXION SHS ETF TR (NVDU) in 21 quarterly 13F filings from 2024 Q1 through 2025 Q4. Peak portfolio weight reached 0.01% in 2024 Q1. The latest visible filing shows NVDU at 0.00% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this NVDU ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Belvedere Trading LLC's position in DIREXION SHS ETF TR, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2025 Q4

NVDU was reported at 0.00% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.01% in 2024 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2025 Q4

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

NVDU stock page Belvedere Trading LLC fund profile Belvedere Trading LLC full holdings
How Belvedere Trading LLC held NVDU — position size vs. price
% of Fund (quarterly)    NVDU price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 21 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 ADDED — — — 16,100 +12,832 +392.7% 0.00% $1.9M 2026-02-14 (Est.) $109.57
2025 Q4 ADDED — — — 3,268 +2,768 +553.6% 0.00% $385K 2026-02-14 (Est.) $109.57
2025 Q3 REDUCED 87.0% -4.4% ✅ 500 -3,359 -87.0% 0.00% $66K 2025-10-27 $129.31
2025 Q3 REDUCED 37.8% -4.4% ✅ 3,859 -2,341 -37.8% 0.00% $506K 2025-10-27 $129.31
2025 Q3 REDUCED 56.0% -4.4% ✅ 6,200 -7,900 -56.0% 0.00% $813K 2025-10-27 $129.31
2025 Q2 ADDED — — — 14,100 +13,600 +2720.0% 0.00% $1.4M 2025-08-01 $111.71
2025 Q2 REDUCED 95.0% +26.4% ❌ 500 -9,502 -95.0% 0.00% $49K 2025-08-01 $111.71
2025 Q2 ADDED — — — 10,002 +7,371 +280.2% 0.00% $990K 2025-08-01 $111.71
2025 Q1 REDUCED 12.3% +89.5% ❌ 2,631 -369 -12.3% 0.00% $138K 2025-05-09 $52.80
2025 Q1 REDUCED 88.1% +89.5% ❌ 3,000 -22,300 -88.1% 0.00% $158K 2025-05-09 $52.80
2025 Q1 ADDED — — — 25,300 +10,387 +69.7% 0.00% $1.3M 2025-05-09 $52.80
2024 Q4 REDUCED 18.1% -43.4% ✅ 14,913 -3,287 -18.1% 0.00% $1.4M 2025-01-31 $64.88
2024 Q4 REDUCED 42.6% -43.4% ✅ 18,200 -13,500 -42.6% 0.00% $1.7M 2025-01-31 $64.88
2024 Q4 ADDED — — — 31,700 +17,200 +118.6% 0.00% $3.0M 2025-01-31 $64.88
2024 Q3 REDUCED 7.6% +19.9% ❌ 14,500 -1,200 -7.6% 0.00% $1.4M 2024-10-30 $99.00
2024 Q3 REDUCED 7.6% +19.9% ❌ 15,700 -1,288 -7.6% 0.00% $1.5M 2024-10-30 $99.00
2024 Q3 REDUCED 27.4% +19.9% ❌ 16,988 -6,412 -27.4% 0.00% $1.6M 2024-10-30 $99.00
2024 Q2 REDUCED 31.2% -15.4% ✅ 23,400 -10,600 -31.2% 0.00% $2.6M 2024-08-09 $60.44
2024 Q2 ADDED — — — 34,000 +20,100 +144.6% 0.00% $3.8M 2024-08-09 $60.44
2024 Q1 REDUCED 76.9% +71.1% ❌ 13,900 -46,400 -76.9% 0.00% $915K 2024-05-09 $49.12
2024 Q1 INITIATED — — — 60,300 — — 0.01% $4.0M 2024-05-09 $49.12

🏢 Other funds also holding NVDU

As of 2026 Q1 — sorted by position size

PayPay Securities Corp 3Y 1.68% Dedeker Financial LLC 0.72% ALTFEST L J & CO INC 3Y 7Y 0.29% Capstone Wealth Management Group LLC 0.17% SBI Securities Co., Ltd. 0.1% Wealthcare Advisory Partners LLC 3Y 7Y 0.01% HALBERT HARGROVE GLOBAL ADVISORS, LLC 3Y 7Y 0.0% Bogart Wealth, LLC 3Y 7Y 0.0% CoreCap Advisors, LLC 3Y 0.0% SALEM INVESTMENT COUNSELORS INC 3Y 7Y 0.0%

FAQ About Belvedere Trading LLC and NVDU

These are the practical questions this page is built to answer before you even open the full history table.

How long has Belvedere Trading LLC reported owning NVDU?

Belvedere Trading LLC reported NVDU across 21 quarterly 13F filings, from 2024 Q1 through 2025 Q4.

What was the largest reported NVDU position in Belvedere Trading LLC's portfolio?

The largest reported portfolio weight for NVDU was 0.01% in 2024 Q1.

What is the latest reported NVDU position on this page?

The most recent filing on this page is 2025 Q4, when Belvedere Trading LLC reported 16,100 shares, equal to 0.00% of portfolio, with an estimated market value of $1.9M.

What does the chart on this NVDU ownership page compare?

The chart compares Belvedere Trading LLC's quarterly NVDU portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Belvedere Trading LLC time their NVDU position?

Based on 13F filing dates vs. subsequent NVDU price moves, Belvedere Trading LLC correctly timed 11 out of 20 reported position changes (55%). The annualised alpha on NVDU relative to SPY over the holding period was +33.5%.

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