Belvedere Trading LLC WEBL β€” DIREXION SHS ETF TR

Ownership history in Belvedere Trading LLC  Β·  12 quarters on record

AI Ownership Summary

Belvedere Trading LLC reported DIREXION SHS ETF TR (WEBL) in 12 quarterly 13F filings from 2023 Q4 through 2025 Q4. The latest visible filing shows WEBL 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. Older history is available after unlock; the visible window still shows the most recent pattern.

What this WEBL 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

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

High-water mark
Peak Conviction
0.0% in 2025 Q3

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

Time in book
Holding Window
2023 Q4 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.

How Belvedere Trading LLC held WEBL β€” position size vs. price
% of Fund (quarterly)    WEBL price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2025 Q4 REDUCED 95.6% -38.5% βœ… 900 -19,500 -95.6% 0.00% $25K 2026-02-14 (Est.) $18.01
2025 Q4 ADDED β€” β€” β€” 20,400 +3,900 +23.6% 0.00% $558K 2026-02-14 (Est.) $18.01
2025 Q3 ADDED β€” β€” β€” 16,500 +14,800 +870.6% 0.00% $533K 2025-10-27 $33.78
2025 Q3 REDUCED 84.1% -13.0% βœ… 1,700 -9,000 -84.1% 0.00% $55K 2025-10-27 $33.78
2025 Q2 ADDED β€” β€” β€” 10,700 +9,084 +562.1% 0.00% $321K 2025-08-01 $28.05
2025 Q2 ADDED β€” β€” β€” 1,616 +16 +1.0% 0.00% $48K 2025-08-01 $28.05
2025 Q2 REDUCED 76.8% +12.3% ❌ 1,600 -5,300 -76.8% 0.00% $48K 2025-08-01 $28.05
2023 Q4 ADDED β€” β€” β€” 6,900 +1,700 +32.7% 0.00% $105K 2024-02-13 $17.82
2023 Q4 ADDED β€” β€” β€” 5,200 +5,100 +5100.0% 0.00% $79K 2024-02-13 $17.82
3 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history

🏒 Other funds also holding WEBL

As of 2026 Q1 β€” sorted by position size

IFP Advisors, Inc 3Y 7Y 0.0%

FAQ About Belvedere Trading LLC and WEBL

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 WEBL?

Belvedere Trading LLC reported WEBL across 9 quarterly 13F filings, from 2023 Q4 through 2025 Q4.

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

The largest reported portfolio weight for WEBL was 0.00% in 2025 Q3.

What is the latest reported WEBL position on this page?

The most recent filing on this page is 2025 Q4, when Belvedere Trading LLC reported 900 shares, equal to 0.00% of portfolio, with an estimated market value of $25K.

What does the chart on this WEBL ownership page compare?

The chart compares Belvedere Trading LLC's quarterly WEBL 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 WEBL position?

Based on 13F filing dates vs. subsequent WEBL price moves, Belvedere Trading LLC correctly timed 5 out of 11 reported position changes (45%). The annualised alpha on WEBL relative to SPY over the holding period was +22.6%.

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