Bellecapital International Ltd.

CIK 1600152 · View on SEC EDGAR ↗

Portfolio value
$625.4M
#3,282 of 9,443 by 13F value · top 34.8%
Positions
123
As of
June 30, 2026

Portfolio value QoQ: +12.8% 13F does not disclose cash

Top 10 holdings weight
46.12%
Top 25 holdings weight
79.99%
Positions above 1%
28
Effective number of positions
31.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 14.83% Est. buys $87,483,139 · sells $99,506,165

Median holding: 4.0 quarters Tracked Q4 2024–Q2 2026 · 50.2% still held

New positions
34
Increased
38
Decreased
27
Closed
29
On this page

Performance vs S&P 500

Tracked Q4 2024–Q2 2026
+27.5%
S&P 500 total return (same window)
+28.1%
Excess return
-0.6%

Annualized: +17.6% · S&P 500: +18.0%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 93.3% · Options excluded: 0.0%

Sector breakdown

Technology
30.6%
Communication Services
12.1%
Retail
10.9%
Healthcare
9.2%
Industrials
8.4%
Consumer Discretionary
5.5%
Financial Services
4.6%
Communications
4.3%
Financials
1.9%
Energy
1.6%
Consumer Staples
1.5%
Utilities
0.3%
Consumer products
0.1%
Materials
0.1%
Real Estate
0.1%
Other/Unmapped
8.7%

Full portfolio 123 positions

Type Streak 8Q trend
GOOGL Alphabet Inc. - Class A Common Stock $38,149,962 6.10% 106,752 $4,789,551 Down ×4
AMD Advanced Micro Devices, Inc. - Common Stock $35,226,963 5.63% 60,641 $9,901,962 Down ×3
AAPL Apple Inc. - Common Stock $33,171,652 5.30% 114,638 $4,623,069 Up ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $31,387,811 5.02% 65,724 $268,361 Down ×1
MSFT Microsoft Corporation - Common Stock $30,194,104 4.83% 80,945 $6,601,689 Up ×2
ANET Arista Networks, Inc. Common Stock $27,001,916 4.32% 158,947 $7,835,221 Up ×2
META Meta Platforms, Inc. - Class A Common Stock $25,295,664 4.04% 44,907 $10,490,084 Up ×6
XMTR Xometry, Inc. - Class A Common Stock $24,601,307 3.93% 254,883 $12,379,284 Down ×1
SHOP Shopify Inc. - Class A Subordinate Voting Shares $24,396,726 3.90% 213,669 $14,741,295 Up ×2
ABBV AbbVie Inc. Common Stock $19,027,759 3.04% 75,615 $4,480,505 Up ×2
SNPS Synopsys, Inc. - Common Stock $19,014,626 3.04% 42,627 $3,341,375 Up ×3
WMT Walmart Inc. - Common Stock $17,906,293 2.86% 158,099 $-2,296,042 Down ×3
BKNG Booking Holdings Inc. - Common Stock $17,361,467 2.78% 97,405 $3,303,192 Up ×2
COST Costco Wholesale Corporation - Common Stock $17,328,646 2.77% 18,524 $-1,007,659 Up ×2
MELI MercadoLibre, Inc. - Common Stock $17,286,220 2.76% 10,184 $1,401,713 Up ×2
REGN Regeneron Pharmaceuticals, Inc. - Common Stock $17,205,963 2.75% 27,594 $-1,558,372 Up ×2
AMZN Amazon.com, Inc. - Common Stock $15,285,936 2.44% 64,135 $2,812,229 Up ×1
BN Brookfield Corporation Class A Limited Voting Shares $14,740,453 2.36% 346,112 $678,454 Down ×1
RACE Ferrari N.V. Common Shares $14,051,068 2.25% 37,954 $2,065,158 Up ×1
FAST Fastenal Company - Common Stock $13,815,541 2.21% 287,644 $729,442 Up ×2
RYAN Ryan Specialty Holdings, Inc. Class A Common Stock $11,483,722 1.84% 304,124 Up ×1
SPGI S&P Global Inc. Common Stock $10,692,611 1.71% 26,255 $-670,772 Down ×3
TMO Thermo Fisher Scientific Inc Common Stock $9,416,042 1.51% 18,781 $1,532,884 Up ×2
AVDV $8,166,197 1.31% 79,245 $252,791
GLD $8,087,046 1.29% 21,953 $1,098,706 Up ×2
TTE TotalEnergies SE Ordinary Shares $6,667,913 1.07% 85,872 $-1,879,183 Down ×1
AMRZ Amrize Ltd Ordinary Shares $6,283,797 1.00% 118,676 $225,101 Up ×1
AVEM $6,258,245 1.00% 64,859 $1,031,907
NVDA NVIDIA Corporation - Common Stock $6,148,966 0.98% 30,731 $709,953 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $5,937,711 0.95% 16,805 $3,584,598 Up ×1
MO Altria Group, Inc. $5,688,295 0.91% 79,059 $892,736 Up ×2
LOGI Logitech International S.A. - Registered Shares $5,477,968 0.88% 58,490 $315,668 Up ×1
VCSH Vanguard Short-Term Corporate Bond ETF $4,759,661 0.76% 60,226 $327,041 Up ×2
PFE Pfizer, Inc. Common Stock $4,745,638 0.76% 197,078 $-2,456,377 Down ×1
NFLX Netflix, Inc. - Common Stock $4,568,386 0.73% 63,983 $-1,222,055 Up ×3
BRKB $4,309,359 0.69% 8,612 $-260,292 Down ×2
IBIT iShares Bitcoin Trust ETF $4,284,889 0.69% 128,714 $-488,450 Up ×4
IAU $4,111,897 0.66% 54,455 $-292,488 Up ×2
CPRT Copart, Inc. - Common Stock $3,855,828 0.62% 136,780 $-687,426 Down ×3
ADP Automatic Data Processing, Inc. - Common Stock $3,533,707 0.57% 15,779 $1,259,107 Up ×1
AMAT Applied Materials, Inc. - Common Stock $3,190,599 0.51% 4,413 $1,641,265 Down ×2
JNJ Johnson & Johnson Common Stock $2,966,370 0.47% 11,680 $162,154 Up ×1
UBS UBS Group AG Registered Ordinary Shares $2,533,979 0.41% 51,154 $380,078 Down ×1
ISRG Intuitive Surgical, Inc. - Common Stock $2,489,477 0.40% 6,260 $-17,848 Up ×1
KO Coca-Cola Company (The) Common Stock $2,379,098 0.38% 29,274 $141,707 Down ×2
MCD McDonald's Corporation Common Stock $1,844,595 0.29% 6,824 $-37,549 Up ×3
FWONK Liberty Media Corporation - Series C Liberty Formula One Common Stock $1,672,086 0.27% 17,575 $177,859
PSX Phillips 66 Common Stock $1,536,834 0.25% 9,091 $-44,488 Up ×3
HYS $1,492,486 0.24% 15,959 $3,990
DUK Duke Energy Corporation (Holding Company) Common Stock $1,462,379 0.23% 11,553 $-50,371
VCIT Vanguard Intermediate-Term Corporate Bond ETF $1,431,581 0.23% 17,321 $-1,732
PM Philip Morris International Inc Common Stock $1,233,625 0.20% 6,819 $106,172
TEVA Teva Pharmaceutical Industries Limited American Depositary Shares $1,174,213 0.19% 34,658 Up ×1
ZM Zoom Communications, Inc. - Class A Common Stock $1,161,474 0.19% 13,457 $-122,515 Down ×4
LQD $1,000,499 0.16% 9,173 $734
XSMO $893,698 0.14% 9,545 $168,087
XMMO $893,235 0.14% 5,250 $144,787 Up ×1
XLK XLK $849,529 0.14% 4,459 $256,795 Down ×1
AVGO Broadcom Inc. - Common Stock $830,295 0.13% 2,198 $-167,565 Down ×2
PFF iShares Preferred and Income Securities ETF $823,230 0.13% 27,000 $4,590
HYG $770,191 0.12% 9,631 $3,949
PG Procter & Gamble Company (The) Common Stock $673,371 0.11% 4,592 $-5,930 Down ×2
LULU lululemon athletica inc. - Common Stock $630,845 0.10% 5,525 $-215,033
TFPN $629,073 0.10% 19,965 $167,845 Up ×2
CMBT CMB.TECH NV Ordinary Shares $618,658 0.10% 43,711 $288,050 Up ×1
ORCL Oracle Corporation Common Stock $580,924 0.09% 3,964 $-80,924 Down ×1
XOM Exxon Mobil Corporation Common Stock $509,966 0.08% 3,730 $-122,866
DBMF $498,668 0.08% 16,291 $47,443 Up ×1
JPM JP Morgan Chase & Co. Common Stock $477,574 0.08% 1,459 $72,810 Up ×1
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $475,127 0.08% 8,936 $-447
IUSV iShares Core S&P U.S. Value ETF $472,654 0.08% 4,291 $33,899
AZN AstraZeneca PLC - American Depositary Shares $445,985 0.07% 2,387 $-51,215 Down ×1
IJH $435,672 0.07% 5,650 $54,127
V Visa Inc. $396,269 0.06% 1,155 $47,182
IXN $362,356 0.06% 2,508 $111,631
WPM Wheaton Precious Metals Corp Common Shares (Canada) $347,518 0.06% 3,094 $-380,767 Down ×1
SIRI SiriusXM Holdings Inc. - Common Stock $338,026 0.05% 11,443 Up ×1
HD Home Depot, Inc. (The) Common Stock $331,872 0.05% 941 $38,173 Up ×1
DSGX The Descartes Systems Group Inc. - Common Stock $323,489 0.05% 4,672 $-120,326 Down ×1
MFUT $316,652 0.05% 17,138 $46,426 Up ×1
Unknown issuer (CUSIP: 866966104) $308,217 0.05% 4,120 $40,046
GD General Dynamics Corporation Common Stock $307,126 0.05% 867 $54,859 Up ×1
ECL Ecolab Inc. Common Stock $306,471 0.05% 1,100 $13,849
SO Southern Company (The) Common Stock $287,130 0.05% 3,000 $-2,430
IMCV iShares Morningstar Mid-Cap Value ETF $272,305 0.04% 2,980 Up ×1
ALK Alaska Air Group, Inc. Common Stock $271,440 0.04% 5,200 Up ×1
APA APA Corporation - Common Stock $270,657 0.04% 8,310 Up ×1
AXP American Express Company Common Stock $264,850 0.04% 783 $28,008
EDIV $253,937 0.04% 6,200 Up ×1
OHI Omega Healthcare Investors, Inc. Common Stock $247,936 0.04% 5,200 $20,072
PAGS PagSeguro Digital Ltd. Class A Common Shares $243,327 0.04% 26,887 $-46,752 Down ×5
SBRA Sabra Health Care REIT, Inc. - Common Stock $234,120 0.04% 12,000 $3,360
GXC $232,739 0.04% 2,690 Up ×1
BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share $226,993 0.04% 2,365 $-59,683 Up ×1
JAAA $224,882 0.04% 4,454 $-45,756 Down ×1
SBUX Starbucks Corporation - Common Stock $216,336 0.03% 2,117 $-340,107 Down ×6
ARKG $211,604 0.03% 5,031
SJNK $205,672 0.03% 8,217 Up ×1
OXY Occidental Petroleum Corporation Common Stock $191,366 0.03% 3,940 Up ×1
Unknown issuer (CUSIP: G670AQ104) $174,792 0.03% 46,364 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
META $25,295,664 4.04% up ×6
SNPS $19,014,626 3.04% up ×3
NFLX $4,568,386 0.73% up ×3
IBIT $4,284,889 0.69% up ×4
MCD $1,844,595 0.29% up ×3
PSX $1,536,834 0.25% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
RYAN $11,483,722 304,124 1.84%
TEVA $1,174,213 34,658 0.19%
SIRI $338,026 11,443 0.05%
IMCV $272,305 2,980 0.04%
ALK $271,440 5,200 0.04%
APA $270,657 8,310 0.04%
EDIV $253,937 6,200 0.04%
GXC $232,739 2,690 0.04%
ARKG $211,604 5,031 0.03%
SJNK $205,672 8,217 0.03%
OXY $191,366 3,940 0.03%
Unknown issuer (CUSIP: G670AQ104) $174,792 46,364 0.03%
SLB $162,715 3,500 0.03%
MAGS $157,085 2,443 0.03%
STLA $143,270 24,960 0.02%

Top movers (QoQ)

Security Action Shares Δ Value Δ
SHOP Bought more +132K +$14.7M
XMTR Trimmed -44K +$12.4M
META Bought more +19K +$10.5M
AMD Trimmed -64K +$9.9M
ANET Bought more +3K +$7.8M
MSFT Bought more +17K +$6.6M
GOOGL Trimmed -9K +$4.8M
AAPL Bought more +2K +$4.6M
ABBV Bought more +9K +$4.5M
GOOG Bought more +9K +$3.6M

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
TRS March 31, 2026 685,855 $24,313,560 7.7%
ADBE June 30, 2026 39,157 $9,518,284 33.1%
ZTS March 31, 2025 56,877 $9,266,911 -53.5%
FISV Dec. 31, 2025 67,038 $8,643,209 -23.3%
BRKA June 30, 2026 12 $8,617,680 No longer tracked
TSCO June 30, 2026 175,795 $7,963,514 10.4%
UNH March 31, 2026 17,337 $5,723,117 43.1%
CHD June 30, 2025 40,442 $4,452,260 1.4%
COO March 31, 2025 45,491 $4,181,988 -10.2%
GRMN Dec. 31, 2025 9,903 $2,438,317 44.9%
T March 31, 2025 83,246 $1,895,511 -10.3%
TSLA March 31, 2026 4,120 $1,852,846 -6.2%
DOLE June 30, 2025 114,000 $1,647,300 -5.3%
LLY June 30, 2026 1,739 $1,599,480 4.2%
MSTR March 31, 2026 9,045 $1,374,388 -3.5%
L March 31, 2025 13,243 $1,121,550 21.0%
MEAR June 30, 2026 19,908 $1,002,169 No longer tracked
ASML June 30, 2026 638 $842,690 -11.8%
CSCO June 30, 2026 10,815 $839,136 -5.5%
FICO June 30, 2026 622 $664,010 -2.4%
VZ Dec. 31, 2025 14,291 $628,089 21.4%
SLV March 31, 2026 9,741 $627,515 No longer tracked
VLO Sept. 30, 2025 4,594 $617,525 103.2%
QQQ June 30, 2025 1,258 $589,901
AMGN March 31, 2025 2,107 $549,168 40.0%
UBER March 31, 2026 6,335 $517,633 8.7%
PGR Sept. 30, 2025 1,854 $494,758 -10.9%
PANW March 31, 2026 2,565 $472,473 114.6%
RBLX June 30, 2026 8,130 $459,833 -28.5%
ARKG Dec. 31, 2025 16,065 $446,125 No longer tracked
MCD March 31, 2025 1,520 $440,633 -14.0%
QCOM June 30, 2026 3,361 $432,830 -12.9%
VRT June 30, 2026 1,649 $413,206 -21.1%
TMHC March 31, 2025 6,669 $408,209 No longer tracked
EQIX March 31, 2025 430 $405,443 34.4%
CVX June 30, 2026 1,875 $387,938 24.6%
BCC March 31, 2025 3,190 $379,163 -16.2%
FCX June 30, 2026 6,426 $377,720 22.6%
TMUS Sept. 30, 2025 1,581 $376,689 -23.6%
TT Sept. 30, 2025 839 $366,987 7.8%
ULS Sept. 30, 2025 4,924 $358,763 5.6%
ABM March 31, 2025 6,859 $351,044 -0.5%
MRK June 30, 2026 2,871 $345,353 18.0%
CNM Sept. 30, 2025 5,514 $332,770 -17.1%
TROW Dec. 31, 2025 3,177 $326,087 11.1%
LIN March 31, 2025 771 $322,795 4.8%
STRL June 30, 2026 786 $320,114 -37.6%
GILD June 30, 2026 2,278 $317,485 14.6%
TER March 31, 2025 2,505 $315,430 353.4%
IBM June 30, 2026 1,223 $296,443 -16.9%
IEI June 30, 2025 2,466 $291,321
PEP March 31, 2025 1,908 $290,130 -4.9%
IVV March 31, 2026 421 $288,360 No longer tracked
HSY March 31, 2025 1,695 $287,048 9.9%
PINS June 30, 2025 9,242 $286,502 -35.7%
MMYT Dec. 31, 2025 3,037 $284,263 -25.9%
HG March 31, 2026 10,157 $283,380 17.0%
AWK March 31, 2025 2,236 $278,360 -7.1%
RSG March 31, 2026 1,302 $275,933 0.3%
NOW March 31, 2026 1,800 $275,742 24.0%
SPY March 31, 2026 396 $270,040 No longer tracked
COR Dec. 31, 2025 856 $267,526 -6.2%
AJG Dec. 31, 2025 848 $262,660 0.5%
ORI March 31, 2026 5,713 $260,741 5.3%
EW March 31, 2025 3,439 $254,589 23.3%
CDNS March 31, 2026 813 $254,128 13.0%
CSX March 31, 2026 7,000 $253,750 25.4%
OKE March 31, 2025 2,519 $252,908 -4.5%
FEZ March 31, 2026 3,890 $250,477 No longer tracked
VRT March 31, 2025 2,196 $249,488 266.0%
CHTR Dec. 31, 2025 904 $248,695 -29.5%
APP March 31, 2026 366 $246,618 -24.5%
ADI March 31, 2026 907 $245,978 18.3%
CR March 31, 2026 1,322 $243,816 21.1%
EXPE March 31, 2026 860 $243,647 39.4%
FIX June 30, 2026 175 $241,323 -15.1%
MA June 30, 2026 482 $240,836 12.0%
TW Sept. 30, 2025 1,614 $236,290 -4.1%
LOW June 30, 2026 1,000 $236,280 -1.3%
CRM June 30, 2026 1,253 $233,898 31.2%
MKC March 31, 2025 3,051 $232,608 -32.8%
EWL March 31, 2026 3,855 $231,146 No longer tracked
XLE June 30, 2025 2,400 $224,280 No longer tracked
VOO June 30, 2026 372 $222,289 No longer tracked
CRBG Sept. 30, 2025 6,168 $218,964 -0.2%
CW March 31, 2026 396 $218,303 -4.1%
VTV March 31, 2026 1,137 $217,156 No longer tracked
CMG March 31, 2025 3,600 $217,080 -28.5%
CEG March 31, 2026 612 $216,201 -2.4%
BX June 30, 2026 1,875 $215,606 21.8%
UNP March 31, 2026 931 $215,359 26.2%
NEE March 31, 2025 2,976 $213,349 19.9%
KMB June 30, 2025 1,500 $213,330 -15.9%
DDOG June 30, 2026 1,804 $212,962 -11.7%
IXN March 31, 2025 2,508 $212,553 No longer tracked
ACN March 31, 2025 603 $212,129 -41.5%
INTU Dec. 31, 2025 310 $211,702 -45.5%
CLS June 30, 2026 751 $211,487 -16.9%
MWA March 31, 2026 8,869 $211,260 -7.9%
FSS Dec. 31, 2025 1,767 $210,255 12.1%
HALO June 30, 2025 3,290 $209,935 105.9%
ULS March 31, 2026 2,660 $209,768 -12.7%
VTR March 31, 2026 2,708 $209,545 13.5%
IEFA March 31, 2026 2,332 $208,621 No longer tracked
MCK June 30, 2026 240 $207,686 13.4%
WDAY Sept. 30, 2025 865 $207,600 -18.8%
BDX June 30, 2025 900 $206,154 39.4%
MARA Dec. 31, 2025 11,283 $206,028 36.0%
USIG Sept. 30, 2025 4,001 $205,811
ABT June 30, 2026 2,000 $205,340 26.1%
THG March 31, 2026 1,122 $205,068 29.2%
CARR Sept. 30, 2025 2,753 $201,492 2.1%
VLTO March 31, 2025 1,977 $201,357 1.7%
PTC Dec. 31, 2025 988 $200,584 -12.3%
GL March 31, 2026 1,434 $200,559 23.7%
IWM June 30, 2026 808 $200,384 No longer tracked
MRSH June 30, 2025 820 $200,105 -12.6%
F March 31, 2026 12,859 $168,710 24.4%
CLSK Sept. 30, 2025 13,356 $147,317 -9.1%
PLUG June 30, 2025 94,535 $127,622 52.2%
GAME Dec. 31, 2025 151,577 $102,890 14.3%
SFIX March 31, 2025 12,673 $54,621 2.8%
ASST Sept. 30, 2025 11,231 $42,116 635.6%
GNS March 31, 2026 32,000 $18,384 No longer tracked
ALC June 30, 2026 62,300 $623 8.4%