Bellevue Group AG

CIK

1674546

Location

Zurich, V8

Portfolio Value

Mid $4,200,721,020

Diversification

Diversified

Filing Date

Global Rank

#757 / 8,603 ▼ 79 · as of Mar 2026

Top Industry

Biotechnology 61.5%

3Y Alpha vs SPY

-7.3%

Period ended 3 months ago

Filed May 15, 2026 · 55d

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

+51.7%

SPY

+76.5%

Annualised alpha

-5.9%

Max drawdown

−25.1%

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

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

Top Position

7.2%

−0.6 pts

Top 5

25.9%

−8.0 pts

Top 10

42.0%

−8.8 pts

HHI

278

Diversified−80

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Healthcare	99.8%	$4,190,955,692	132
Technology	0.1%	$2,547,209	9
Energy	0.1%	$2,206,340	3
Unclassified	0.0%	$1,755,918	1
Financial Services	0.0%	$1,405,531	3
Consumer Cyclical	0.0%	$1,196,721	3
Consumer Defensive	0.0%	$563,316	1
Communication Services	0.0%	$90,293	1

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
CRNX	Crinetics Pharmaceuticals, Inc.	+3,275,960	3,280,000	$119,129,600
RARE	Ultragenyx Pharmaceutical Inc.	+2,377,420	2,380,000	$49,861,000
VRDN	Viridian Therapeutics, Inc.\DE	+2,367,617	6,726,144	$131,563,376
GILD	Gilead Sciences, Inc.	+1,117,127	1,169,879	$163,046,036
AMGN	Amgen Inc	+276,869	295,358	$103,921,712
REGN	Regeneron Pharmaceuticals, Inc.	+264,746	278,674	$215,314,678
MDT	Medtronic plc	+190,737	957,329	$82,952,557
JBIO	Jade Biosciences, Inc.	+160,399	3,501,502	$49,196,103
MRK	Merck & Co., Inc.	+114,474	206,591	$24,850,831
KRYS	Krystal Biotech, Inc.	+71,462	481,785	$124,454,701
PFE	Pfizer Inc	+50,788	107,635	$3,022,390
RPRX	Royalty Pharma plc	+25,095	38,296	$1,837,059
MDLN	Medline Inc.	+18,915	136,635	$6,080,257
NUVL	Nuvalent, Inc.	+15,800	1,053,268	$107,907,306
WAY	Waystar Holding Corp.	+14,405	256,139	$6,175,511
VERA	Vera Therapeutics, Inc.	+12,619	1,710,771	$68,824,316
OLMA	Olema Pharmaceuticals, Inc.	+12,541	16,443	$245,165
DNLI	Denali Therapeutics Inc.	+10,628	17,766	$341,107
MLYS	Mineralys Therapeutics, Inc.	+9,548	29,374	$795,741
DHR	Danaher Corp /De/	+7,531	202,164	$38,330,294
TXG	10x Genomics, Inc.	+7,432	329,492	$6,995,115
TVTX	Travere Therapeutics, Inc.	+5,072	8,899	$264,389
TMDX	TransMedics Group, Inc.	+3,254	101,139	$10,054,227
CRSP	CRISPR Therapeutics AG	+3,136	5,016	$238,611
ALKS	Alkermes plc.	+2,276	8,870	$313,643
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
RVMD	Revolution Medicines, Inc.	−3,461,263	1,544,456	$150,198,346
IONS	Ionis Pharmaceuticals Inc	−2,983,534	1,818,665	$136,563,554
CLDX	Celldex Therapeutics, Inc.	−2,417,669	1,200,000	$38,064,000
NBIX	Neurocrine Biosciences Inc	−1,698,658	4,646	$612,064
TNGX	Tango Therapeutics, Inc.	−1,527,670	2,400,000	$50,208,000
WVE	Wave Life Sciences Ltd.	−1,485,257	5,261	$38,142
RLAY	Relay Therapeutics, Inc.	−550,122	7,795,242	$77,562,657
SRRK	Scholar Rock Holding Corp	−472,019	3,584,573	$176,217,608
ADPT	Adaptive Biotechnologies Corp	−221,909	76,181	$1,057,392
PRVA	Privia Health Group, Inc.	−221,460	226,703	$4,663,280
ALNY	Alnylam Pharmaceuticals, Inc.	−211,360	234,543	$77,603,241
EW	Edwards Lifesciences Corp	−203,645	839,451	$67,223,236
ABT	Abbott Laboratories	−165,280	1,151,635	$118,238,365
ARGX	Argenx SE	−148,854	313,000	$228,568,250
BDX	Becton Dickinson & Co	−143,775	121,887	$19,164,293
SYK	Stryker Corp	−143,340	217,237	$71,381,905
GPCR	Structure Therapeutics Inc.	−138,364	6,803	$327,904
PEN	Penumbra Inc	−123,128	12,267	$4,028,114
GKOS	GLAUKOS Corp	−116,232	145,703	$15,686,384
BSX	Boston Scientific Corp	−92,712	1,466,894	$92,047,598
MASI	Masimo Corp	−88,532	8,753	$1,556,896
ZBH	Zimmer Biomet Holdings, Inc.	−83,109	155,571	$14,066,729
TEVA	Teva Pharmaceutical Industries Ltd	−77,781	250,082	$7,532,469
DXCM	Dexcom Inc	−58,639	788,766	$49,534,504
PHR	Phreesia, Inc.	−52,221	130,992	$1,097,712
No positions match the current search.

New Positions

Positions the filer opened this quarter

18 positions

Ticker	Company	Shares	Value
ELVN	Enliven Therapeutics, Inc.	2,320,867	$90,977,986
PCVX	Vaxcyte, Inc.	1,190,697	$69,191,402
DMRA	Damora Therapeutics, Inc.	2,298,000	$59,518,200
IRON	Disc Medicine, Inc.	459,314	$29,368,537
ORKA	Oruka Therapeutics, Inc.	507,008	$24,868,742
GLUE	Monte Rosa Therapeutics, Inc.	1,250,000	$20,562,500
LIVN	LivaNova PLC	186,185	$11,833,918
RNA	Atrium Therapeutics, Inc.	263,096	$3,517,593
EQNR	Equinor ASA	17,573	$741,580
BP	Bp PLC	15,644	$735,268
SHEL	Shell plc	7,844	$729,492
PRAX	Praxis Precision Medicines, Inc.	1,757	$566,087
AGMB	Agomab Therapeutics NV	50,000	$524,500
CNTA	Centessa Pharmaceuticals plc	9,030	$358,671
HALO	Halozyme Therapeutics, Inc.	3,857	$249,277
ABVX	Abivax S.A.	1,048	$116,694
BBOT	BridgeBio Oncology Therapeutics, Inc.	6,982	$62,488
QGEN	Qiagen N.V.	243	$9,729
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
FOLD	AMICUS THERAPEUTICS, INC.	10,735,195	$152,869,176
MAZE	Maze Therapeutics, Inc.	887,708	$36,777,742
CDNA	CareDx, Inc.	431,070	$8,121,358
MOH	Molina Healthcare, Inc.	46,626	$8,091,476
ICLR	Icon PLC	24,560	$4,475,323
BMRN	Biomarin Pharmaceutical Inc	65,008	$3,863,424
BTSG	BrightSpring Health Services, Inc.	92,095	$3,448,957
NEO	Neogenomics Inc	278,286	$3,272,643
AVTR	Avantor, Inc.	276,266	$3,166,008
BEAM	Beam Therapeutics Inc.	111,510	$3,091,056
VKTX	Viking Therapeutics, Inc.	68,665	$2,415,634
ROIV	Roivant Sciences Ltd.	108,039	$2,344,446
BKD	Brookdale Senior Living Inc.	167,444	$1,806,720
SIBN	SI-BONE, Inc.	90,331	$1,781,327
EXAS	EXACT SCIENCES CORP	16,062	$1,631,256
CMPS	COMPASS Pathways plc	142,243	$981,476
ANET	Arista Networks, Inc.	4,800	$628,944
META	Meta Platforms, Inc.	800	$528,072
DOCS	Doximity, Inc.	11,817	$523,256
LULU	lululemon athletica inc.	2,240	$465,494
PLTR	Palantir Technologies Inc.	2,500	$444,375
CORT	Corcept Therapeutics Inc	10,495	$365,226
PLNT	Planet Fitness, Inc.	3,173	$344,175
EXEL	Exelixis, Inc.	7,361	$322,632
GH	Guardant Health, Inc.	3,004	$306,828
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

153 positions · $4,200,721,020 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Technology

Showing 1–50 of 153 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Added	681,908	+788	$304,499,197	−1.4%	7.25%
ARGX	Argenx SE Healthcare	Reduced	313,000	-148,854	$228,568,250	−41.2%	5.44%
REGN	Regeneron Pharmaceuticals, Inc. Healthcare	Added	278,674	+264,746	$215,314,678	+1902.8%	5.13%
SRRK	Scholar Rock Holding Corp Healthcare	Reduced	3,584,573	-472,019	$176,217,608	−1.4%	4.19%
GILD	Gilead Sciences, Inc. Healthcare	Added	1,169,879	+1,117,127	$163,046,036	+2418.2%	3.88%
RVMD	Revolution Medicines, Inc. Healthcare	Reduced	1,544,456	-3,461,263	$150,198,346	−62.3%	3.58%
IONS	Ionis Pharmaceuticals Inc Healthcare	Reduced	1,818,665	-2,983,534	$136,563,554	−64.1%	3.25%
ISRG	Intuitive Surgical Inc Healthcare	Reduced	286,654	-35,374	$132,144,627	−27.5%	3.15%
VRDN	Viridian Therapeutics, Inc.\DE Healthcare	Added	6,726,144	+2,367,617	$131,563,376	−3.0%	3.13%
KRYS	Krystal Biotech, Inc. Healthcare	Added	481,785	+71,462	$124,454,701	+23.0%	2.96%
CRNX	Crinetics Pharmaceuticals, Inc. Healthcare	Added	3,280,000	+3,275,960	$119,129,600	+63245.9%	2.84%
ABT	Abbott Laboratories Healthcare	Reduced	1,151,635	-165,280	$118,238,365	−28.3%	2.81%
NUVL	Nuvalent, Inc. Healthcare	Added	1,053,268	+15,800	$107,907,306	+3.4%	2.57%
AMGN	Amgen Inc Healthcare	Added	295,358	+276,869	$103,921,712	+1617.3%	2.47%
BSX	Boston Scientific Corp Healthcare	Reduced	1,466,894	-92,712	$92,047,598	−38.1%	2.19%
ELVN	Enliven Therapeutics, Inc. Healthcare	NEW	2,320,867	NEW	$90,977,986	NEW	2.17%
IMCR	Immunocore Holdings plc Healthcare	Held	2,796,803	0	$84,323,610	−13.1%	2.01%
MDT	Medtronic plc Healthcare	Added	957,329	+190,737	$82,952,557	+12.6%	1.97%
ALNY	Alnylam Pharmaceuticals, Inc. Healthcare	Reduced	234,543	-211,360	$77,603,241	−56.2%	1.85%
RLAY	Relay Therapeutics, Inc. Healthcare	Reduced	7,795,242	-550,122	$77,562,657	+9.9%	1.85%
SYK	Stryker Corp Healthcare	Reduced	217,237	-143,340	$71,381,905	−43.7%	1.70%
PCVX	Vaxcyte, Inc. Healthcare	NEW	1,190,697	NEW	$69,191,402	NEW	1.65%
VERA	Vera Therapeutics, Inc. Healthcare	Added	1,710,771	+12,619	$68,824,316	−20.0%	1.64%
EW	Edwards Lifesciences Corp Healthcare	Reduced	839,451	-203,645	$67,223,236	−24.4%	1.60%
DMRA	Damora Therapeutics, Inc. Healthcare	NEW	2,298,000	NEW	$59,518,200	NEW	1.42%
TNGX	Tango Therapeutics, Inc. Healthcare	Reduced	2,400,000	-1,527,670	$50,208,000	+44.3%	1.20%
IDXX	Idexx Laboratories Inc /De Healthcare	Reduced	89,131	-5,408	$50,081,817	−21.7%	1.19%
RARE	Ultragenyx Pharmaceutical Inc. Healthcare	Added	2,380,000	+2,377,420	$49,861,000	+83926.0%	1.19%
DXCM	Dexcom Inc Healthcare	Reduced	788,766	-58,639	$49,534,504	−11.9%	1.18%
JBIO	Jade Biosciences, Inc. Healthcare	Added	3,501,502	+160,399	$49,196,103	−4.6%	1.17%
EWTX	Edgewise Therapeutics, Inc. Healthcare	Held	1,528,518	0	$48,148,317	+26.9%	1.15%
UNH	Unitedhealth Group Inc Healthcare	Reduced	148,203	-26,966	$40,102,249	−30.6%	0.95%
DHR	Danaher Corp /De/ Healthcare	Added	202,164	+7,531	$38,330,294	−14.0%	0.91%
CLDX	Celldex Therapeutics, Inc. Healthcare	Reduced	1,200,000	-2,417,669	$38,064,000	−61.3%	0.91%
RMD	Resmed Inc Healthcare	Reduced	159,346	-1,868	$35,769,990	−7.9%	0.85%
PODD	Insulet Corp Healthcare	Reduced	163,656	-23,043	$34,341,575	−35.3%	0.82%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	64,412	-665	$31,660,430	−16.0%	0.75%
LLY	ELI LILLY & Co Healthcare	Reduced	33,932	-71	$31,209,635	−14.6%	0.74%
GEHC	GE HealthCare Technologies Inc. Healthcare	Reduced	416,887	-7,627	$29,674,016	−14.8%	0.71%
IRON	Disc Medicine, Inc. Healthcare	NEW	459,314	NEW	$29,368,537	NEW	0.70%
JNJ	Johnson & Johnson Healthcare	Reduced	119,102	-7,698	$29,113,292	+10.9%	0.69%
ANNX	Annexon, Inc. Healthcare	Held	5,157,290	0	$28,571,386	+10.4%	0.68%
CI	Cigna Group Healthcare	Reduced	98,263	-11,750	$26,211,655	−13.4%	0.62%
ORKA	Oruka Therapeutics, Inc. Healthcare	NEW	507,008	NEW	$24,868,742	NEW	0.59%
MRK	Merck & Co., Inc. Healthcare	Added	206,591	+114,474	$24,850,831	+156.3%	0.59%
ALGN	Align Technology Inc Healthcare	Reduced	139,680	-1,794	$23,945,342	+8.4%	0.57%
STE	STERIS plc Healthcare	Reduced	99,878	-1,827	$22,086,022	−14.3%	0.53%
GMED	Globus Medical Inc Healthcare	Reduced	247,261	-15,422	$21,304,007	−7.1%	0.51%
GLUE	Monte Rosa Therapeutics, Inc. Healthcare	NEW	1,250,000	NEW	$20,562,500	NEW	0.49%
ABBV	AbbVie Inc. Healthcare	Reduced	93,567	-41,292	$20,349,886	−34.0%	0.48%