Bellecapital International Ltd.

CIK

1600152

Location

ZURICH, V8

Portfolio Value

Small $564,514,064

Diversification

Diversified

Filing Date

Global Rank

#2,158 / 8,232 ▲ 197

Top Industry

Semiconductors 11.8%

3Y Alpha vs SPY

-2.1%

Period ended 2 months ago

Filed May 12, 2026 · 32d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+67.2%

SPY

+76.5%

Annualised alpha

-2.2%

Max drawdown

−19.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

101 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

6.2%

−1.0 pts

Top 5

26.0%

−2.3 pts

Top 10

44.1%

−2.4 pts

HHI

298

Diversified−35

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	33.9%	$191,162,896	27
Consumer Cyclical	16.7%	$94,421,204	13
Healthcare	11.3%	$63,648,847	13
Communication Services	10.2%	$57,337,695	5
Consumer Defensive	8.9%	$50,320,114	7
Financial Services	6.2%	$34,930,439	10
Industrials	5.6%	$31,662,429	9
Unclassified	3.4%	$19,353,183	4
Energy	2.1%	$11,741,443	5
Basic Materials	1.4%	$7,643,455	4
Utilities	0.3%	$1,833,735	2
Real Estate	0.1%	$458,624	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BN	BROOKFIELD Corp /ON/	+341,488	347,621	$14,068,221
IBIT	iShares Bitcoin Trust ETF	+94,706	185,195	$7,115,191
PFE	Pfizer Inc	+34,894	276,069	$7,752,017
TSCO	Tractor Supply Co /De/	+14,688	176,628	$8,001,248
XMTR	Xometry, Inc.	+13,978	299,878	$12,247,017
ANET	Arista Networks, Inc.	+12,582	158,996	$19,521,528
NFLX	Netflix Inc	+12,244	66,643	$6,407,724
MSFT	Microsoft Corp	+11,426	65,564	$24,269,825
MO	Altria Group, Inc.	+7,998	77,037	$5,083,671
MSTR	Strategy Inc	+7,302	16,347	$2,040,105
FAST	Fastenal Co	+5,239	282,376	$13,102,246
SNPS	Synopsys Inc	+4,070	39,633	$15,713,691
ABBV	AbbVie Inc.	+3,808	68,562	$14,911,549
ADBE	Adobe Inc.	+3,730	39,785	$9,670,937
META	Meta Platforms, Inc.	+3,668	26,813	$15,340,521
AAPL	Apple Inc.	+3,501	118,385	$30,044,929
KO	Coca Cola Co	+2,626	40,795	$3,102,459
IAU	Ishares Gold Trust	+2,608	50,605	$4,461,336
AMZN	Amazon Com Inc	+2,414	64,099	$13,349,898
PSX	Phillips 66	+1,853	9,389	$1,710,488
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+1,794	92,896	$31,394,203
RBLX	Roblox Corp	+1,727	9,857	$557,511
REGN	Regeneron Pharmaceuticals, Inc.	+1,329	24,438	$18,881,776
GLD	Spdr Gold Trust	+1,155	16,435	$7,071,816
TMO	Thermo Fisher Scientific Inc.	+1,019	16,146	$7,936,243
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PAGS	PagSeguro Digital Ltd.	−78,229	28,950	$290,079
CSCO	Cisco Systems, Inc.	−10,146	18,402	$1,427,811
NVDA	Nvidia Corp	−7,167	31,868	$5,557,779
PYPL	PayPal Holdings, Inc.	−6,562	7,591	$343,340
ZM	Zoom Communications, Inc.	−4,700	17,511	$1,407,709
CPRT	Copart Inc	−4,253	137,927	$4,579,176
SBUX	Starbucks Corp	−4,250	7,443	$666,818
AMD	Advanced Micro Devices Inc	−2,977	126,707	$25,776,005
UBER	Uber Technologies, Inc	−2,656	3,679	$264,630
ADP	Automatic Data Processing Inc	−1,845	11,195	$2,274,600
FCX	Freeport-Mcmoran Inc	−1,681	6,426	$377,720
SPGI	S&P Global Inc.	−1,483	26,824	$11,409,320
VRT	Vertiv Holdings Co	−1,407	1,649	$413,206
CSX	Csx Corp	−1,180	5,820	$238,911
HD	Home Depot, Inc.	−985	939	$308,827
GOOGL	Alphabet Inc.	−867	121,254	$34,867,800
PG	PROCTER & GAMBLE Co	−630	7,153	$1,033,179
CRM	Salesforce, Inc.	−584	1,253	$233,897
AVGO	Broadcom Inc.	−324	3,224	$997,860
BRK-B	Berkshire Hathaway Inc	−306	11,393	$5,459,525
AMAT	Applied Materials Inc /De	−250	4,585	$1,567,107
FIX	Comfort Systems USA Inc	−212	175	$241,323
ASML	Asml Holding NV	−203	638	$842,689
DUK	Duke Energy CORP	−193	11,793	$1,544,175
MRK	Merck & Co., Inc.	−153	2,871	$345,352
No positions match the current search.

New Positions

Positions the filer opened this quarter

15 positions

Ticker	Company	Shares	Value
RACE	Ferrari N.V.	35,936	$12,162,539
TTE	TotalEnergies SE	91,532	$8,327,581
AMRZ	Amrize Ltd	111,475	$6,244,829
LOGI	Logitech International S.A.	57,152	$5,207,690
ALC	Alcon Inc	62,300	$4,694,305
UBS	UBS Group AG	56,150	$2,193,780
WPM	Wheaton Precious Metals Corp.	5,559	$728,284
AZN	Astrazeneca PLC	2,561	$505,080
DSGX	Descartes Systems Group Inc	6,202	$443,815
CMBT	Cmb.Tech NV	26,185	$331,240
STRL	Sterling Infrastructure, Inc.	786	$320,114
SUNB	Sunbelt Rentals Holdings, Inc.	4,120	$268,170
GD	General Dynamics Corp	735	$252,266
MCK	Mckesson Corp	240	$207,686
IQ	iQIYI, Inc.	121,585	$164,139
No positions match the current search.

Sold Out

Positions the filer fully exited

21 positions

Ticker	Company	Shares	Value
UNH	Unitedhealth Group Inc	17,337	$5,723,117
PANW	Palo Alto Networks Inc	2,565	$472,473
HG	Hamilton Insurance Group, Ltd.	10,157	$283,380
RSG	Republic Services, Inc.	1,302	$275,932
NOW	ServiceNow, Inc.	1,800	$275,742
SPY	Spdr S&P 500 ETF Trust	396	$270,040
ORI	Old Republic International Corp	5,713	$260,741
CDNS	Cadence Design Systems Inc	813	$254,127
APP	AppLovin Corp	366	$246,618
ADI	Analog Devices Inc	907	$245,978
CR	Crane Co	1,322	$243,816
EXPE	Expedia Group, Inc.	860	$243,646
CW	Curtiss Wright Corp	396	$218,302
CEG	Constellation Energy Corp	612	$216,201
UNP	Union Pacific Corp	931	$215,358
MWA	Mueller Water Products, Inc.	8,869	$211,259
ULS	UL Solutions Inc.	2,660	$209,767
VTR	Ventas, Inc.	2,708	$209,545
THG	Hanover Insurance Group, Inc.	1,122	$205,067
GL	Globe Life Inc.	1,434	$200,559
F	Ford Motor Co	12,859	$168,710
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

101 positions · $564,514,064 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 101 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	121,254	-867	$34,867,800	−8.8%	6.18%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	92,896	+1,794	$31,394,203	+13.4%	5.56%
AAPL	Apple Inc. Technology	Added	118,385	+3,501	$30,044,929	−3.8%	5.32%
AMD	Advanced Micro Devices Inc Technology	Reduced	126,707	-2,977	$25,776,005	−7.2%	4.57%
TRS	Trimas Corp Consumer Cyclical	Held	685,855	0	$24,649,628	+1.4%	4.37%
MSFT	Microsoft Corp Technology	Added	65,564	+11,426	$24,269,825	−7.3%	4.30%
WMT	Walmart Inc. Consumer Defensive	Added	169,660	+974	$21,085,344	+12.2%	3.74%
ANET	Arista Networks, Inc. Technology	Added	158,996	+12,582	$19,521,528	+1.8%	3.46%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	24,438	+1,329	$18,881,776	+5.9%	3.34%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	18,586	+846	$18,519,647	+21.1%	3.28%
MELI	Mercadolibre Inc Consumer Cyclical	Added	9,259	+810	$16,008,996	−5.9%	2.84%
SNPS	Synopsys Inc Technology	Added	39,633	+4,070	$15,713,691	−5.9%	2.78%
META	Meta Platforms, Inc. Communication Services	Added	26,813	+3,668	$15,340,521	+0.4%	2.72%
ABBV	AbbVie Inc. Healthcare	Added	68,562	+3,808	$14,911,549	+0.8%	2.64%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	3,410	+162	$14,357,190	−17.5%	2.54%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	347,621	+341,488	$14,068,221	+4898.6%	2.49%
AMZN	Amazon Com Inc Consumer Cyclical	Added	64,099	+2,414	$13,349,898	−6.2%	2.36%
FAST	Fastenal Co Industrials	Added	282,376	+5,239	$13,102,246	+17.8%	2.32%
XMTR	Xometry, Inc. Industrials	Added	299,878	+13,978	$12,247,017	−28.0%	2.17%
RACE	Ferrari N.V. Consumer Cyclical	NEW	35,936	NEW	$12,162,539	NEW	2.15%
SPGI	S&P Global Inc. Financial Services	Reduced	26,824	-1,483	$11,409,320	−22.9%	2.02%
ADBE	Adobe Inc. Technology	Added	39,785	+3,730	$9,670,937	−23.4%	1.71%
SHOP	Shopify Inc. Technology	Added	77,354	+728	$9,175,731	−25.6%	1.63%
TTE	TotalEnergies SE Energy	NEW	91,532	NEW	$8,327,581	NEW	1.48%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Added	176,628	+14,688	$8,001,248	−1.2%	1.42%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	16,146	+1,019	$7,936,243	−9.5%	1.41%
PFE	Pfizer Inc Healthcare	Added	276,069	+34,894	$7,752,017	+29.1%	1.37%
IBIT	iShares Bitcoin Trust ETF	Added	185,195	+94,706	$7,115,191	+58.4%	1.26%
GLD	Spdr Gold Trust	Added	16,435	+1,155	$7,071,816	+16.8%	1.25%
NFLX	Netflix Inc Communication Services	Added	66,643	+12,244	$6,407,724	+25.6%	1.14%
AMRZ	Amrize Ltd Basic Materials	NEW	111,475	NEW	$6,244,829	NEW	1.11%
NVDA	Nvidia Corp Technology	Reduced	31,868	-7,167	$5,557,779	−23.7%	0.98%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	11,393	-306	$5,459,525	−7.2%	0.97%
LOGI	Logitech International S.A. Technology	NEW	57,152	NEW	$5,207,690	NEW	0.92%
MO	Altria Group, Inc. Consumer Defensive	Added	77,037	+7,998	$5,083,671	+27.7%	0.90%
ALC	Alcon Inc Healthcare	NEW	62,300	NEW	$4,694,305	NEW	0.83%
CPRT	Copart Inc Industrials	Reduced	137,927	-4,253	$4,579,176	−17.7%	0.81%
IAU	Ishares Gold Trust	Added	50,605	+2,608	$4,461,336	+14.5%	0.79%
JNJ	Johnson & Johnson Healthcare	Added	15,261	+72	$3,730,398	+18.7%	0.66%
KO	Coca Cola Co Consumer Defensive	Added	40,795	+2,626	$3,102,459	+16.3%	0.55%
ISRG	Intuitive Surgical Inc Healthcare	Added	5,518	+6	$2,543,742	−18.5%	0.45%
ADP	Automatic Data Processing Inc Technology	Reduced	11,195	-1,845	$2,274,600	−32.2%	0.40%
UBS	UBS Group AG Financial Services	NEW	56,150	NEW	$2,193,780	NEW	0.39%
MSTR	Strategy Inc Technology	Added	16,347	+7,302	$2,040,105	+48.4%	0.36%
MCD	Mcdonalds Corp Consumer Cyclical	Added	6,196	+290	$1,925,654	+6.7%	0.34%
PSX	Phillips 66 Energy	Added	9,389	+1,853	$1,710,488	+75.9%	0.30%
TSLA	Tesla, Inc. Consumer Cyclical	Added	4,362	+242	$1,621,573	−12.5%	0.29%
LLY	ELI LILLY & Co Healthcare	Added	1,759	+33	$1,617,875	−12.8%	0.29%
AMAT	Applied Materials Inc /De Technology	Reduced	4,585	-250	$1,567,107	+26.1%	0.28%
DUK	Duke Energy CORP Utilities	Reduced	11,793	-193	$1,544,175	+9.9%	0.27%