Bellecapital International Ltd.

CIK

1600152

Location

ZURICH, V8

Portfolio Value

Small $494,096,306

Diversification

Diversified

Filing Date

Global Rank

#2,609 / 8,603 ▲ 2 · as of Mar 2026

Top Industry

Semiconductors 13.2%

3Y Alpha vs SPY

+0.3%

Period ended 3 months ago

Filed May 12, 2026 · 58d

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

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

Cloned portfolio

+78.0%

SPY

+76.5%

Annualised alpha

+0.3%

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

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

Top Position

6.8%

−0.6 pts

Top 5

28.7%

−0.5 pts

Top 10

47.4%

−0.6 pts

HHI

334

Diversified−11

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	37.3%	$184,480,833	25
Healthcare	12.5%	$61,583,026	13
Communication Services	11.0%	$54,416,263	4
Consumer Cyclical	10.8%	$53,147,712	11
Consumer Defensive	9.6%	$47,378,343	6
Financial Services	6.8%	$33,372,724	10
Industrials	6.3%	$31,346,455	8
Unclassified	3.3%	$16,166,063	3
Basic Materials	1.5%	$7,643,455	4
Energy	0.5%	$2,300,499	3
Utilities	0.4%	$1,802,309	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	+33,752	124,241	$4,773,339
PFE	Pfizer Inc	+15,307	256,482	$7,202,014
TSCO	Tractor Supply Co /De/	+13,855	175,795	$7,963,513
XMTR	Xometry, Inc.	+13,366	299,266	$12,222,023
ANET	Arista Networks, Inc.	+9,692	156,106	$19,166,694
MSFT	Microsoft Corp	+9,596	63,734	$23,592,414
NFLX	Netflix Inc	+5,824	60,223	$5,790,441
FAST	Fastenal Co	+4,891	282,028	$13,086,099
SHOP	Shopify Inc.	+4,772	81,398	$9,655,430
SNPS	Synopsys Inc	+3,968	39,531	$15,673,250
MO	Altria Group, Inc.	+3,632	72,671	$4,795,559
ADBE	Adobe Inc.	+3,102	39,157	$9,518,283
META	Meta Platforms, Inc.	+2,733	25,878	$14,805,580
ABBV	AbbVie Inc.	+2,133	66,887	$14,547,253
IAU	Ishares Gold Trust	+1,962	49,959	$4,404,385
REGN	Regeneron Pharmaceuticals, Inc.	+1,177	24,286	$18,764,335
PSX	Phillips 66	+1,144	8,680	$1,581,322
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+981	92,083	$31,119,449
GLD	Spdr Gold Trust	+961	16,241	$6,988,339
TMO	Thermo Fisher Scientific Inc.	+911	16,038	$7,883,158
MELI	Mercadolibre Inc	+738	9,187	$15,884,506
COST	Costco Wholesale Corp /New	+662	18,402	$18,336,304
QCOM	Qualcomm Inc/De	+339	3,361	$432,829
DDOG	Datadog, Inc.	+184	1,804	$212,962
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.	−17,733	10,815	$839,135
KO	Coca Cola Co	−8,749	29,420	$2,237,391
NVDA	Nvidia Corp	−7,848	31,187	$5,439,012
PYPL	PayPal Holdings, Inc.	−6,562	7,591	$343,340
ZM	Zoom Communications, Inc.	−6,239	15,972	$1,283,989
WMT	Walmart Inc.	−6,131	162,555	$20,202,335
GOOGL	Alphabet Inc.	−6,109	116,012	$33,360,410
SBUX	Starbucks Corp	−5,482	6,211	$556,443
CPRT	Copart Inc	−5,335	136,845	$4,543,254
AMD	Advanced Micro Devices Inc	−5,194	124,490	$25,325,000
JNJ	Johnson & Johnson	−3,717	11,472	$2,804,215
PG	PROCTER & GAMBLE Co	−3,080	4,703	$679,301
AAPL	Apple Inc.	−2,395	112,489	$28,548,583
PM	Philip Morris International Inc.	−2,165	6,819	$1,127,453
BRK-B	Berkshire Hathaway Inc	−2,163	9,536	$4,569,651
ADP	Automatic Data Processing Inc	−1,845	11,195	$2,274,600
AMZN	Amazon Com Inc	−1,793	59,892	$12,473,706
IBM	International Business Machines Corp	−1,699	1,223	$296,442
FCX	Freeport-Mcmoran Inc	−1,681	6,426	$377,720
SPGI	S&P Global Inc.	−1,591	26,716	$10,750,598
VRT	Vertiv Holdings Co	−1,407	1,649	$413,206
HD	Home Depot, Inc.	−1,031	893	$293,698
CRM	Salesforce, Inc.	−584	1,253	$233,897
DUK	Duke Energy CORP	−433	11,553	$1,512,749
No positions match the current search.

New Positions

Positions the filer opened this quarter

13 positions

Ticker	Company	Shares	Value
RACE	Ferrari N.V.	35,936	$12,162,539
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
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
TRS	Trimas Corp	685,855	$24,313,559
UNH	Unitedhealth Group Inc	17,337	$5,723,117
TSLA	Tesla, Inc.	4,120	$1,852,846
MSTR	Strategy Inc	9,045	$1,374,387
SLV	iShares Silver Trust	9,741	$627,515
UBER	Uber Technologies, Inc	6,335	$517,632
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
CSX	Csx Corp	7,000	$253,750
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
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

91 positions · $494,096,306 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 91 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	116,012	-6,109	$33,360,410	−12.7%	6.75%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	92,083	+981	$31,119,449	+12.4%	6.30%
AAPL	Apple Inc. Technology	Reduced	112,489	-2,395	$28,548,583	−8.6%	5.78%
AMD	Advanced Micro Devices Inc Technology	Reduced	124,490	-5,194	$25,325,000	−8.8%	5.13%
MSFT	Microsoft Corp Technology	Added	63,734	+9,596	$23,592,414	−9.9%	4.77%
WMT	Walmart Inc. Consumer Defensive	Reduced	162,555	-6,131	$20,202,335	+7.5%	4.09%
ANET	Arista Networks, Inc. Technology	Added	156,106	+9,692	$19,166,694	−0.1%	3.88%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	24,286	+1,177	$18,764,335	+5.2%	3.80%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	18,402	+662	$18,336,304	+19.9%	3.71%
MELI	Mercadolibre Inc Consumer Cyclical	Added	9,187	+738	$15,884,506	−6.7%	3.21%
SNPS	Synopsys Inc Technology	Added	39,531	+3,968	$15,673,250	−6.2%	3.17%
META	Meta Platforms, Inc. Communication Services	Added	25,878	+2,733	$14,805,580	−3.1%	3.00%
ABBV	AbbVie Inc. Healthcare	Added	66,887	+2,133	$14,547,253	−1.7%	2.94%
BN	BROOKFIELD Corp /ON/ Financial Services	Added	347,621	+341,488	$14,068,221	+4898.6%	2.85%
FAST	Fastenal Co Industrials	Added	282,028	+4,891	$13,086,099	+17.7%	2.65%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	59,892	-1,793	$12,473,706	−12.4%	2.52%
XMTR	Xometry, Inc. Industrials	Added	299,266	+13,366	$12,222,023	−28.1%	2.47%
RACE	Ferrari N.V. Consumer Cyclical	NEW	35,936	NEW	$12,162,539	NEW	2.46%
SPGI	S&P Global Inc. Financial Services	Reduced	26,716	-1,591	$10,750,598	−23.2%	2.18%
SHOP	Shopify Inc. Technology	Added	81,398	+4,772	$9,655,430	−21.7%	1.95%
ADBE	Adobe Inc. Technology	Added	39,157	+3,102	$9,518,283	−24.6%	1.93%
TSCO	Tractor Supply Co /De/ Consumer Cyclical	Added	175,795	+13,855	$7,963,513	−1.7%	1.61%
TMO	Thermo Fisher Scientific Inc. Healthcare	Added	16,038	+911	$7,883,158	−10.1%	1.60%
PFE	Pfizer Inc Healthcare	Added	256,482	+15,307	$7,202,014	+19.9%	1.46%
GLD	Spdr Gold Trust	Added	16,241	+961	$6,988,339	+15.4%	1.41%
AMRZ	Amrize Ltd Basic Materials	NEW	111,475	NEW	$6,244,829	NEW	1.26%
NFLX	Netflix Inc Communication Services	Added	60,223	+5,824	$5,790,441	+13.5%	1.17%
NVDA	Nvidia Corp Technology	Reduced	31,187	-7,848	$5,439,012	−25.3%	1.10%
LOGI	Logitech International S.A. Technology	NEW	57,152	NEW	$5,207,690	NEW	1.05%
MO	Altria Group, Inc. Consumer Defensive	Added	72,671	+3,632	$4,795,559	+20.5%	0.97%
IBIT	iShares Bitcoin Trust ETF	Added	124,241	+33,752	$4,773,339	+6.2%	0.97%
ALC	Alcon Inc Healthcare	NEW	62,300	NEW	$4,694,305	NEW	0.95%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	9,536	-2,163	$4,569,651	−22.3%	0.92%
CPRT	Copart Inc Industrials	Reduced	136,845	-5,335	$4,543,254	−18.4%	0.92%
IAU	Ishares Gold Trust	Added	49,959	+1,962	$4,404,385	+13.1%	0.89%
JNJ	Johnson & Johnson Healthcare	Reduced	11,472	-3,717	$2,804,215	−10.8%	0.57%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	5,439	-73	$2,507,324	−19.7%	0.51%
ADP	Automatic Data Processing Inc Technology	Reduced	11,195	-1,845	$2,274,600	−32.2%	0.46%
KO	Coca Cola Co Consumer Defensive	Reduced	29,420	-8,749	$2,237,391	−16.2%	0.45%
UBS	UBS Group AG Financial Services	NEW	56,150	NEW	$2,193,780	NEW	0.44%
MCD	Mcdonalds Corp Consumer Cyclical	Added	6,056	+150	$1,882,144	+4.3%	0.38%
LLY	ELI LILLY & Co Healthcare	Added	1,739	+13	$1,599,480	−13.8%	0.32%
PSX	Phillips 66 Energy	Added	8,680	+1,144	$1,581,322	+62.6%	0.32%
AMAT	Applied Materials Inc /De Technology	Reduced	4,533	-302	$1,549,334	+24.7%	0.31%
DUK	Duke Energy CORP Utilities	Reduced	11,553	-433	$1,512,749	+7.7%	0.31%
ZM	Zoom Communications, Inc. Technology	Reduced	15,972	-6,239	$1,283,989	−33.0%	0.26%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	6,819	-2,165	$1,127,453	−21.8%	0.23%
AVGO	Broadcom Inc. Technology	Reduced	3,224	-324	$997,860	−18.7%	0.20%
LULU	lululemon athletica inc. Consumer Cyclical	Held	5,525	0	$845,877	−26.3%	0.17%
ASML	Asml Holding NV Technology	Reduced	638	-203	$842,689	−6.3%	0.17%