Belmont Capital, LLC Last Quarter Change: USA ETF, Added

Belmont Capital, LLC quarter change: USA ETF, Added

In exchange-traded fund shares (known by the fund name on the filing) (listed in the US), from the quarter ended 2025-03-31 to 2025-06-30, Belmont Capital, LLC opened 0 positions, added to 3, reduced 3, sold out of 4 and left 28 unchanged. The largest increase in value was SPY (+$2,734,538); the largest decrease was GDX (-$62,933).

SPY: Country of operation —; Class TR UNIT; Shares 2025-03-31 35,753; Shares 2025-06-30 36,796.
QQQ: Country of operation —; Class UNIT SER 1; Shares 2025-03-31 1,280; Shares 2025-06-30 3,475.
BND: Country of operation —; Class TOTAL BND MRKT; Shares 2025-03-31 1,502; Shares 2025-06-30 1,639.

Two Form 13F-HR filings compared (SEC CIK 1793367): 2025-03-31 (filed 2025-05-15) and 2025-06-30 (filed 2025-08-12). Rows for the same security, class and put/call are added together. Value change is the filed value at each quarter end, so it includes the price move; share change is the position change.

Stock	Class	Shares 2025-03-31	Shares 2025-06-30	Share change	Value 2025-03-31	Value 2025-06-30	Value change
SPY SPDR S&P 500 ETF TR	TR UNIT	35,753	36,796	+1,043	$19,999,871	$22,734,409	+$2,734,538
QQQ INVESCO QQQ TR	UNIT SER 1	1,280	3,475	+2,195	$600,218	$1,916,949	+$1,316,731
BND VANGUARD BD INDEX FDS	TOTAL BND MRKT	1,502	1,639	+137	$110,322	$120,680	+$10,358

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