SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Belmont Capital, LLC

CIK 0001793367 · 1875 CENTURY PARK EAST, SUITE 1780, LOS ANGELES, CA, 90067 · 3102032670

Reported Value
$557M
Q1 2025
Positions
170
Filings on Record
23
2019–present window
Filed
May 15, 2025
original filing

Summary

Belmont Capital, LLC reported $557M in U.S.-listed holdings across 170 positions for Q1 2025.

Its largest position, AAPL, represents 18.3% of the portfolio.

Compared with Q4 2024, the fund opened 54 new positions and exited 4.

Portfolio Metrics

Turnover
+11.7%
vs prior filed quarter
Top-10 Concentration
+76.4%
share of reported value
Largest Position
+18.3%
Apple
New / Exited
54 / 4
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $122MQ4 ’19Q1 ’20: $115MQ2 ’20: $176MQ3 ’20: $262MQ3 ’20Q4 ’20: $220MQ1 ’21: $80MQ2 ’21: $97MQ2 ’21Q3 ’21: $123MQ4 ’21: $128MQ1 ’22: $100MQ1 ’22Q2 ’22: $83MQ3 ’22: $85MQ2 ’23: $178MQ2 ’23Q3 ’23: $185MQ4 ’23: $234MQ1 ’24: $367MQ1 ’24Q2 ’24: $536MQ3 ’24: $602MQ4 ’24: $615MQ4 ’24Q1 ’25: $557MQ2 ’25: $657Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 91.2%ETP: 8.3%Other: 0.4%REIT: 0.1%ADR: 0.1%
  • Common Stock · 91.2% · $508M
  • ETP · 8.3% · $46M
  • Other · 0.4% · $2M
  • REIT · 0.1% · $705,216
  • ADR · 0.1% · $356,212

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ISHARES TRNEW+13.2K13.2K+$2M$2M
VANGUARD ADMIRAL FDS INCNEW+16.1K16.1K+$2M$2M
ICEINTERCONTINENTAL EXCHANGE INNEW+8.1K8.1K+$1M$1M
MSIMOTOROLA SOLUTIONS INCNEW+3.1K3.1K+$1M$1M
HCAHCA HEALTHCARE INCNEW+2.6K2.6K+$905,341$905,341
USFDUS FOODS HLDG CORPNEW+12.7K12.7K+$828,069$828,069
EATON CORP PLCNEW+2.5K2.5K+$683,381$683,381
TRANE TECHNOLOGIES PLCNEW+2.0K2.0K+$677,883$677,883

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2025

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM18.32%$102M459.4K
2METAMETA PLATFORMS INChistory →CL A16.65%$93M160.9K
3NVDANVIDIA CORPORATIONhistory →COM13.58%$76M698.0K
4MSFTMICROSOFT CORPhistory →COM6.90%$38M102.3K
5ABGCENCORA INChistory →COM5.45%$30M109.1K
6AMZNAMAZON COM INChistory →COM4.94%$28M144.6K
7SPDR S&P 500 ETF TRTR UNIT3.59%$20M35.8K
8HDHOME DEPOT INChistory →COM2.59%$14M39.4K
9ISHARES TRMSCI EAFE ETF · US AER DEF ETF · RUSSELL 2000 ETF2.38%$13M139.7K
10APOAPOLLO GLOBAL MGMT INChistory →COM2.28%$13M92.6K
11PLTRPALANTIR TECHNOLOGIES INChistory →CL A2.13%$12M140.8K
12GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.72%$10M61.9K
13TSLATESLA INChistory →COM1.52%$8M32.6K
14BYDBOYD GAMING CORPhistory →COM1.30%$7M109.9K
15PGPROCTER AND GAMBLE COhistory →COM1.26%$7M41.2K
16VANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT1.11%$6M16.0K
17NOVNOV INChistory →COM1.01%$6M369.6K
18COHRCOHERENT CORPCOM0.82%$5M70.0K
19UNHUNITEDHEALTH GROUP INCCOM0.74%$4M7.9K
20JPMJPMORGAN CHASE & CO.COM0.52%$3M11.7K
21CAVACAVA GROUP INCCOM0.47%$3M30.0K
22BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.42%$2M4.4K
23AVGOBROADCOM INCCOM0.33%$2M10.9K
24CRMSALESFORCE INCCOM0.32%$2M6.6K
25RSGREPUBLIC SVCS INCCOM0.30%$2M7.0K
26SOFISOFI TECHNOLOGIES INCCOM0.29%$2M140.0K
27VANGUARD ADMIRAL FDS INCSMLLCP 600 IDX0.28%$2M16.1K
28ICEINTERCONTINENTAL EXCHANGE INCOM0.25%$1M8.1K
29KLACKLA CORPCOM NEW0.24%$1M2.0K
30MSIMOTOROLA SOLUTIONS INCCOM NEW0.24%$1M3.1K
31NOWSERVICENOW INCCOM0.21%$1M1.5K
32MMM3M COCOM0.20%$1M7.5K
33COSTCOSTCO WHSL CORP NEWCOM0.18%$1M1.1K
34TRGPTARGA RES CORPCOM0.18%$1M5.0K
35CHVCHEVRON CORP NEWCOM0.17%$931,9735.6K
36MRVLMARVELL TECHNOLOGY INCCOM0.17%$923,55015.0K
37HCAHCA HEALTHCARE INCCOM0.16%$905,3412.6K
38ABNBAIRBNB INCCOM CL A0.15%$836,3397.0K
39USFDUS FOODS HLDG CORPCOM0.15%$828,06912.7K
40AFRMAFFIRM HLDGS INCCOM CL A0.15%$813,42018.0K
41UPSUNITED PARCEL SERVICE INCCL B0.14%$769,9307.0K
42NYTNEW YORK TIMES COCL A0.13%$745,63715.0K
43VVISA INCCOM CL A0.13%$710,0322.0K
44EATON CORP PLCSHS0.12%$683,3812.5K
45TRANE TECHNOLOGIES PLCSHS0.12%$677,8832.0K
46ADPAUTOMATIC DATA PROCESSING INCOM0.12%$646,1962.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$657M167Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$557M170May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$615M120Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$602M168Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$536M199Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$367M189May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$234M167Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$185M169Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$178M176Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review130May 9, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review131Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$85M124Oct 18, 202213F-HRchanges · EDGAR ↗
Q2 2022$83M73Jul 13, 202213F-HRchanges · EDGAR ↗
Q1 2022$100M71Apr 26, 202213F-HRchanges · EDGAR ↗
Q4 2021$128M75Jan 19, 202213F-HRchanges · EDGAR ↗
Q3 2021$123M77Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$97M60Jul 14, 202113F-HRchanges · EDGAR ↗
Q1 2021$80M57Apr 28, 202113F-HRchanges · EDGAR ↗
Q4 2020$220M67Jan 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$262M57Oct 5, 202013F-HRchanges · EDGAR ↗
Q2 2020$176M60Jul 21, 202013F-HRchanges · EDGAR ↗
Q1 2020$115M60Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$122M53Jan 14, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.