Bellecapital International Ltd.

ZURICH, V8 · CIK 1600152 · 13F filing filed 2026-07-22

SEC-registered investment adviser since 2011 · corporation

Assets managed$2.0bn
Staff18 · 11 in investment roles
Main clients (by assets)Companies 31%, High net worth individuals 30%, Private funds 3%
Private funds1 (1 hedge) · $68.0m gross assets
Form ADV · 2026-03-25SEC adviser record

Legal entityBellecapital International AG (CH)

Kindhedge funds
Others nearbyZürich

As an employer

Offices in1 country
Private fundshedge 1

$625.4m reported value +12.8% vs Q1 2026

123positions

46.1%in top 10

34 new 38 added 27 reduced 28 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ALPHABET INC CAP STK CL A GOOGL	GOOGL	106,752	$38.1m6.10%	6.10%	Reduced -9.3k	-9,260 -8.0%
2	ADVANCED MICRO DEVICES INC COM AMD	AMD	60,641	$35.2m5.63%	5.63%	Reduced -63.8k	-63,849 -51.3%
3	APPLE INC COM AAPL	AAPL	114,638	$33.2m5.30%	5.30%	Added +2.1k	+2,149 1.9%
4	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	65,724	$31.4m5.02%	5.02%	Reduced -26.4k	-26,359 -28.6%
5	MICROSOFT CORP COM MSFT	MSFT	80,945	$30.2m4.83%	4.83%	Added +17.2k	+17,211 27.0%
6	ARISTA NETWORKS INC COM SHS ANET	ANET	158,947	$27.0m4.32%	4.32%	Added +2.8k	+2,841 1.8%
7	META PLATFORMS INC CL A META	META	44,907	$25.3m4.04%	4.04%	Added +19.0k	+19,029 73.5%
8	XOMETRY INC CLASS A COM XMTR	XMTR	254,883	$24.6m3.93%	3.93%	Reduced -44.4k	-44,383 -14.8%
9	SHOPIFY INC CL A SUB VTG SHS SHOP	SHOP	213,669	$24.4m3.90%	3.90%	Added +132.3k	+132,271 162.5%
10	ABBVIE INC COM ABBV	ABBV	75,615	$19.0m3.04%	3.04%	Added +8.7k	+8,728 13.1%
11	SYNOPSYS INC COM SNPS	SNPS	42,627	$19.0m3.04%	3.04%	Added +3.1k	+3,096 7.8%
12	WALMART INC COM WMT	WMT	158,099	$17.9m2.86%	2.86%	Reduced -4.5k	-4,456 -2.7%
13	BOOKING HOLDINGS INC COM BKNG	BKNG	97,405	$17.4m2.78%	2.78%	Added +13.9k	+13,930 16.7%
14	COSTCO WHSL CORP NEW COM COST	COST	18,524	$17.3m2.77%	2.77%	Added +122	+122 0.7%
15	MERCADOLIBRE INC COM MELI	MELI	10,184	$17.3m2.76%	2.76%	Added +997	+997 10.8%
16	REGENERON PHARMACEUTICALS COM REGN	REGN	27,594	$17.2m2.75%	2.75%	Added +3.3k	+3,308 13.6%
17	AMAZON COM INC COM AMZN	AMZN	64,135	$15.3m2.44%	2.44%	Added +4.2k	+4,243 7.1%
18	BROOKFIELD CORP CL A LTD VT SH BN	BN	346,112	$14.7m2.36%	2.36%	Reduced -1.5k	-1,509 -0.4%
19	FERRARI N V COM RACE	RACE	37,954	$14.1m2.25%	2.25%	Added +2.0k	+2,018 5.6%
20	FASTENAL CO COM FAST	FAST	287,644	$13.8m2.21%	2.21%	Added +5.6k	+5,616 2.0%
21	RYAN SPECIALTY HOLDINGS INC CL A RYAN	RYAN	304,124	$11.5m1.84%	1.84%	New
22	S&P GLOBAL INC COM SPGI	SPGI	26,255	$10.7m1.71%	1.71%	Reduced -461	-461 -1.7%
23	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	18,781	$9.4m1.51%	1.51%	Added +2.7k	+2,743 17.1%
24	AMERICAN CENTY ETF TR INTL SMCP VLU AVDV	AVDV	79,245	$8.2m1.31%	1.31%	Unchanged
25	SPDR GOLD TR GOLD SHS GLD	GLD	21,953	$8.1m1.29%	1.29%	Added +5.7k	+5,712 35.2%
26	TOTALENERGIES SE ACT TTE	TTE	85,872	$6.7m1.07%	1.07%	Reduced -5.7k	-5,660 -6.2%
27	AMRIZE LTD SHS AMRZ	AMRZ	118,676	$6.3m1.00%	1.00%	Added +7.2k	+7,201 6.5%
28	AMERICAN CENTY ETF TR AVANTIS EMGMKT AVEM	AVEM	64,859	$6.3m1.00%	1.00%	Unchanged
29	NVIDIA CORPORATION COM NVDA	NVDA	30,731	$6.1m0.98%	0.98%	Reduced -456	-456 -1.5%
30	ALPHABET INC CAP STK CL C GOOG	GOOG	16,805	$5.9m0.95%	0.95%	Added +8.6k	+8,602 104.9%
31	ALTRIA GROUP INC COM MO	MO	79,059	$5.7m0.91%	0.91%	Added +6.4k	+6,388 8.8%
32	LOGITECH INTL S A SHS LOGI	LOGI	58,490	$5.5m0.88%	0.88%	Added +1.3k	+1,338 2.3%
33	VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD VCSH	VCSH	60,226	$4.8m0.76%	0.76%	Added +4.3k	+4,308 7.7%
34	PFIZER INC COM PFE	PFE	197,078	$4.7m0.76%	0.76%	Reduced -59.4k	-59,404 -23.2%
35	NETFLIX INC COM NFLX	NFLX	63,983	$4.6m0.73%	0.73%	Added +3.8k	+3,760 6.2%
36	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	8,612	$4.3m0.69%	0.69%	Reduced -924	-924 -9.7%
37	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	128,714	$4.3m0.69%	0.69%	Added +4.5k	+4,473 3.6%
38	ISHARES GOLD TR ISHARES NEW IAU	IAU	54,455	$4.1m0.66%	0.66%	Added +4.5k	+4,496 9.0%
39	COPART INC COM CPRT	CPRT	136,780	$3.9m0.62%	0.62%	Reduced -65	-65 -0.1%
40	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	15,779	$3.5m0.57%	0.57%	Added +4.6k	+4,584 41.0%
41	APPLIED MATLS INC COM AMAT	AMAT	4,413	$3.2m0.51%	0.51%	Reduced -120	-120 -2.6%
42	JOHNSON & JOHNSON COM JNJ	JNJ	11,680	$3.0m0.47%	0.47%	Added +208	+208 1.8%
43	UBS GROUP AG SHS UBS	UBS	51,154	$2.5m0.41%	0.41%	Reduced -5.0k	-4,996 -8.9%
44	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	6,260	$2.5m0.40%	0.40%	Added +821	+821 15.1%
45	COCA COLA CO COM KO	KO	29,274	$2.4m0.38%	0.38%	Reduced -146	-146 -0.5%
46	MCDONALDS CORP COM MCD	MCD	6,824	$1.8m0.29%	0.29%	Added +768	+768 12.7%
47	LIBERTY MEDIA CORP DEL COM LBTY ONE S C FWONK	FWONK	17,575	$1.7m0.27%	0.27%	Unchanged
48	PHILLIPS 66 COM PSX	PSX	9,091	$1.5m0.25%	0.25%	Added +411	+411 4.7%
49	PIMCO ETF TR 0-5 HIGH YIELD HYS	HYS	15,959	$1.5m0.24%	0.24%	Unchanged
50	DUKE ENERGY CORP NEW COM NEW DUK	DUK	11,553	$1.5m0.23%	0.23%	Unchanged
51	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	17,321	$1.4m0.23%	0.23%	Unchanged
52	PHILIP MORRIS INTL INC COM PM	PM	6,819	$1.2m0.20%	0.20%	Unchanged
53	TEVA PHARMACEUTICAL INDS LTD SPONSORED ADS SPONSORED ADS		34,658	$1.2m0.19%	0.19%	New
54	ZOOM COMMUNICATIONS INC CL A ZM	ZM	13,457	$1.2m0.19%	0.19%	Reduced -2.5k	-2,515 -15.8%
55	ISHARES TR IBOXX INV CP ETF LQD	LQD	9,173	$1.0m0.16%	0.16%	Unchanged
56	INVESCO EXCHANGE TRADED FD T S&P SMLCP MOMENT XSMO	XSMO	9,545	$893.7k0.14%	0.14%	Unchanged
57	INVESCO EXCHANGE TRADED FD T S&P MDCP MOMNTUM XMMO	XMMO	5,250	$893.2k0.14%	0.14%	Added +89	+89 1.7%
58	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	4,459	$849.5k0.14%	0.14%	Reduced -1	-1 -0.0%
59	BROADCOM INC COM AVGO	AVGO	2,198	$830.3k0.13%	0.13%	Reduced -1.0k	-1,026 -31.8%
60	ISHARES TR PFD AND INCM SEC PFF	PFF	27,000	$823.2k0.13%	0.13%	Unchanged
61	ISHARES TR IBOXX HI YD ETF HYG	HYG	9,631	$770.2k0.12%	0.12%	Unchanged
62	PROCTER AND GAMBLE CO COM PG	PG	4,592	$673.4k0.11%	0.11%	Reduced -111	-111 -2.4%
63	LULULEMON ATHLETICA INC COM LULU	LULU	5,525	$630.8k0.10%	0.10%	Unchanged
64	TIDAL TR II BLUEPRINT CHESAP TFPN	TFPN	19,965	$629.1k0.10%	0.10%	Added +3.4k	+3,381 20.4%
65	EURONAV NV SHS CMBT	CMBT	43,711	$618.7k0.10%	0.10%	Added +17.5k	+17,526 66.9%
66	ORACLE CORP COM ORCL	ORCL	3,964	$580.9k0.09%	0.09%	Reduced -535	-535 -11.9%
67	EXXON MOBIL CORP COM XOM	XOM	3,730	$510.0k0.08%	0.08%	Unchanged
68	LITMAN GREGORY FDS TR IMGP DBI MANAGED DBMF	DBMF	16,291	$498.7k0.08%	0.08%	Added +1.3k	+1,325 8.8%
69	JPMORGAN CHASE & CO COM JPM	JPM	1,459	$477.6k0.08%	0.08%	Added +83	+83 6.0%
70	ISHARES TR ISHS 5-10YR INVT IGIB	IGIB	8,936	$475.1k0.08%	0.08%	Unchanged
71	ISHARES TR CORE S&P US VLU IUSV	IUSV	4,291	$472.7k0.08%	0.08%	Unchanged
72	ASTRAZENECA PLC ORD AZN	AZN	2,387	$446.0k0.07%	0.07%	Reduced -174	-174 -6.8%
73	ISHARES TR CORE S&P MCP ETF IJH	IJH	5,650	$435.7k0.07%	0.07%	Unchanged
74	VISA INC COM CL A V	V	1,155	$396.3k0.06%	0.06%	Unchanged
75	ISHARES TR GLOBAL TECH ETF IXN	IXN	2,508	$362.4k0.06%	0.06%	Unchanged
76	WHEATON PRECIOUS METALS CORP COM WPM	WPM	3,094	$347.5k0.06%	0.06%	Reduced -2.5k	-2,465 -44.3%
77	SIRIUSXM HOLDINGS INC COMMON STOCK SIRI	SIRI	11,443	$338.0k0.05%	0.05%	New
78	HOME DEPOT INC COM HD	HD	941	$331.9k0.05%	0.05%	Added +48	+48 5.4%
79	DESCARTES SYS GROUP INC COM DSGX	DSGX	4,672	$323.5k0.05%	0.05%	Reduced -1.5k	-1,530 -24.7%
80	TIDAL TRUST II CAMBRIA CHESAPEA MFUT	MFUT	17,138	$316.7k0.05%	0.05%	Added +1.8k	+1,771 11.5%
81	SUNBELT RENTALS HOLDINGS INC SHS SUNB	SUNB	4,120	$308.2k0.05%	0.05%	Unchanged
82	GENERAL DYNAMICS CORP COM GD	GD	867	$307.1k0.05%	0.05%	Added +132	+132 18.0%
83	ECOLAB INC COM ECL	ECL	1,100	$306.5k0.05%	0.05%	Unchanged
84	SOUTHERN CO COM SO	SO	3,000	$287.1k0.05%	0.05%	Unchanged
85	ISHARES TR MRGSTR MD CP VAL IMCV	IMCV	2,980	$272.3k0.04%	0.04%	New
86	ALASKA AIR GROUP INC COM ALK	ALK	5,200	$271.4k0.04%	0.04%	New
87	APA CORPORATION COM APA	APA	8,310	$270.7k0.04%	0.04%	New
88	AMERICAN EXPRESS CO COM AXP	AXP	783	$264.9k0.04%	0.04%	Unchanged
89	SPDR INDEX SHS FDS S&P EM MKT DIV EDIV	EDIV	6,200	$253.9k0.04%	0.04%	New
90	OMEGA HEALTHCARE INVS INC COM OHI	OHI	5,200	$247.9k0.04%	0.04%	Unchanged
91	PAGSEGURO DIGITAL LTD COM CL A PAGS	PAGS	26,887	$243.3k0.04%	0.04%	Reduced -2.1k	-2,063 -7.1%
92	SABRA HEALTH CARE REIT INC COM SBRA	SBRA	12,000	$234.1k0.04%	0.04%	Unchanged
93	SPDR INDEX SHS FDS S&P CHINA ETF GXC	GXC	2,690	$232.7k0.04%	0.04%	New
94	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	2,365	$227.0k0.04%	0.04%	Added +80	+80 3.5%
95	JANUS DETROIT STR TR HENDRSON AAA CL JAAA	JAAA	4,454	$224.9k0.04%	0.04%	Reduced -919	-919 -17.1%
96	STARBUCKS CORP COM SBUX	SBUX	2,117	$216.3k0.03%	0.03%	Reduced -4.1k	-4,094 -65.9%
97	ARK ETF TR GENOMIC REV ETF ARKG	ARKG	5,031	$211.6k0.03%	0.03%	New
98	SPDR SER TR BLOOMBERG SHT TE SJNK	SJNK	8,217	$205.7k0.03%	0.03%	New
99	OCCIDENTAL PETE CORP COM OXY	OXY	3,940	$191.4k0.03%	0.03%	New
100	COINSHARES PLC COM CSHR	CSHR	46,364	$174.8k0.03%	0.03%	New

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
ADOBE INC ADBE	ADBE	39,157	$9.5m39.2k shares
BERKSHIRE HATHAWAY INC DEL BRK.A	BRK.A	12	$8.6m12 shares
TRACTOR SUPPLY CO TSCO	TSCO	175,795	$8.0m175.8k shares
ELI LILLY & CO LLY	LLY	1,739	$1.6m1.7k shares
ISHARES U S ETF TR MEAR	MEAR	19,908	$1.0m19.9k shares
ASML HOLDING N V ASML	ASML	638	$842.7k638 shares
CISCO SYS INC CSCO	CSCO	10,815	$839.1k10.8k shares
FAIR ISAAC CORP FICO	FICO	622	$664.0k622 shares
ROBLOX CORP RBLX	RBLX	8,130	$459.8k8.1k shares
QUALCOMM INC QCOM	QCOM	3,361	$432.8k3.4k shares
VERTIV HOLDINGS CO VRT	VRT	1,649	$413.2k1.6k shares
CHEVRON CORP NEW CVX	CVX	1,875	$387.9k1.9k shares
FREEPORT-MCMORAN INC FCX	FCX	6,426	$377.7k6.4k shares
MERCK & CO INC MRK	MRK	2,871	$345.4k2.9k shares
STERLING INFRASTRUCTURE INC STRL	STRL	786	$320.1k786 shares
GILEAD SCIENCES INC GILD	GILD	2,278	$317.5k2.3k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	1,223	$296.4k1.2k shares
COMFORT SYS USA INC FIX	FIX	175	$241.3k175 shares
MASTERCARD INCORPORATED MA	MA	482	$240.8k482 shares
LOWES COS INC LOW	LOW	1,000	$236.3k1.0k shares
SALESFORCE INC CRM	CRM	1,253	$233.9k1.3k shares
VANGUARD INDEX FDS VOO	VOO	372	$222.3k372 shares
BLACKSTONE INC BX	BX	1,875	$215.6k1.9k shares
DATADOG INC DDOG	DDOG	1,804	$213.0k1.8k shares
CELESTICA INC CLS	CLS	751	$211.5k751 shares