# Bellecapital International Ltd.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1600152. Source: https://holderbook.com/funds/1600152-bellecapital-international-ltd/

- Reported value: $625.4M
- Positions: 123
- Weight of the ten largest: 46.1%
- Filed: 2026-07-22

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $38.1M | 106,752 | 6.1% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $35.2M | 60,641 | 5.6% | 21 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $33.2M | 114,638 | 5.3% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $31.4M | 65,724 | 5.0% | 13 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $30.2M | 80,945 | 4.8% | 31 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $27.0M | 158,947 | 4.3% | 7 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $25.3M | 44,907 | 4.0% | 31 |
| XOMETRY INC | [XMTR](https://holderbook.com/stocks/XMTR/) | $24.6M | 254,883 | 3.9% | 9 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $24.4M | 213,669 | 3.9% | 17 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $19.0M | 75,615 | 3.0% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $19.0M | 42,627 | 3.0% | 4 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $17.9M | 158,099 | 2.9% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $17.4M | 97,405 | 2.8% | 15 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $17.3M | 18,524 | 2.8% | 17 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $17.3M | 10,184 | 2.8% | 25 |
| REGENERON PHARMACEUTICALS | [REGN](https://holderbook.com/stocks/REGN/) | $17.2M | 27,594 | 2.8% | 17 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $15.3M | 64,135 | 2.4% | 31 |
| BROOKFIELD CORP | [BN](https://holderbook.com/stocks/BN/) | $14.7M | 346,112 | 2.4% | 3 |
| FERRARI N V | [RACE](https://holderbook.com/stocks/RACE/) | $14.1M | 37,954 | 2.2% | 2 |
| FASTENAL CO | [FAST](https://holderbook.com/stocks/FAST/) | $13.8M | 287,644 | 2.2% | 31 |
| RYAN SPECIALTY HOLDINGS INC | [RYAN](https://holderbook.com/stocks/RYAN/) | $11.5M | 304,124 | 1.8% | 1 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $10.7M | 26,255 | 1.7% | 16 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $9.4M | 18,781 | 1.5% | 23 |
| AMERICAN CENTY ETF TR | [AVDV](https://holderbook.com/stocks/AVDV/) | $8.2M | 79,245 | 1.3% | 2 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $8.1M | 21,953 | 1.3% | 31 |
| TOTALENERGIES SE | [TTE](https://holderbook.com/stocks/TTE/) | $6.7M | 85,872 | 1.1% | 2 |
| AMRIZE LTD | [AMRZ](https://holderbook.com/stocks/AMRZ/) | $6.3M | 118,676 | 1.0% | 2 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $6.3M | 64,859 | 1.0% | 2 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.1M | 30,731 | 1.0% | 20 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.9M | 16,805 | 0.9% | 17 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $5.7M | 79,059 | 0.9% | 10 |
| LOGITECH INTL S A | [LOGI](https://holderbook.com/stocks/LOGI/) | $5.5M | 58,490 | 0.9% | 2 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $4.8M | 60,226 | 0.8% | 21 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $4.7M | 197,078 | 0.8% | 25 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $4.6M | 63,983 | 0.7% | 24 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.3M | 8,612 | 0.7% | 31 |
| ISHARES BITCOIN TRUST ETF | [IBIT](https://holderbook.com/stocks/IBIT/) | $4.3M | 128,714 | 0.7% | 10 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $4.1M | 54,455 | 0.7% | 4 |
| COPART INC | [CPRT](https://holderbook.com/stocks/CPRT/) | $3.9M | 136,780 | 0.6% | 27 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $3.5M | 15,779 | 0.6% | 28 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $3.2M | 4,413 | 0.5% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.0M | 11,680 | 0.5% | 31 |
| UBS GROUP AG | [UBS](https://holderbook.com/stocks/UBS/) | $2.5M | 51,154 | 0.4% | 2 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $2.5M | 6,260 | 0.4% | 19 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $2.4M | 29,274 | 0.4% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.8M | 6,824 | 0.3% | 4 |
| LIBERTY MEDIA CORP DEL | [FWONK](https://holderbook.com/stocks/FWONK/) | $1.7M | 17,575 | 0.3% | 12 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $1.5M | 9,091 | 0.2% | 4 |
| PIMCO ETF TR | [HYS](https://holderbook.com/stocks/HYS/) | $1.5M | 15,959 | 0.2% | 25 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $1.5M | 11,553 | 0.2% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $1.4M | 17,321 | 0.2% | 6 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.2M | 6,819 | 0.2% | 8 |
| TEVA PHARMACEUTICAL INDS LTD | [TEVA](https://holderbook.com/stocks/TEVA/) | $1.2M | 34,658 | 0.2% | 1 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $1.2M | 13,457 | 0.2% | 18 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $1.0M | 9,173 | 0.2% | 26 |
| INVESCO EXCHANGE TRADED FD T | [XSMO](https://holderbook.com/stocks/XSMO/) | $893.7K | 9,545 | 0.1% | 2 |
| INVESCO EXCHANGE TRADED FD T | [XMMO](https://holderbook.com/stocks/XMMO/) | $893.2K | 5,250 | 0.1% | 2 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $849.5K | 4,459 | 0.1% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $830.3K | 2,198 | 0.1% | 8 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $823.2K | 27,000 | 0.1% | 7 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $770.2K | 9,631 | 0.1% | 13 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $673.4K | 4,592 | 0.1% | 31 |
| LULULEMON ATHLETICA INC | [LULU](https://holderbook.com/stocks/LULU/) | $630.8K | 5,525 | 0.1% | 6 |
| TIDAL TRUST II | [TFPN](https://holderbook.com/stocks/TFPN/) | $629.1K | 19,965 | 0.1% | 8 |
| CMB.TECH NV | [CMBT](https://holderbook.com/stocks/CMBT/) | $618.7K | 43,711 | 0.1% | 2 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $580.9K | 3,964 | 0.1% | 15 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $510.0K | 3,730 | 0.1% | 31 |
| LITMAN GREGORY FDS TR | [DBMF](https://holderbook.com/stocks/DBMF/) | $498.7K | 16,291 | 0.1% | 2 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $477.6K | 1,459 | 0.1% | 8 |
| ISHARES TR | [IGIB](https://holderbook.com/stocks/IGIB/) | $475.1K | 8,936 | 0.1% | 13 |
| ISHARES TR | [IUSV](https://holderbook.com/stocks/IUSV/) | $472.7K | 4,291 | 0.1% | 31 |
| ASTRAZENECA PLC | [AZN](https://holderbook.com/stocks/AZN/) | $446.0K | 2,387 | 0.1% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $435.7K | 5,650 | 0.1% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $396.3K | 1,155 | 0.1% | 23 |
| ISHARES TR | [IXN](https://holderbook.com/stocks/IXN/) | $362.4K | 2,508 | 0.1% | 5 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $347.5K | 3,094 | 0.1% | 2 |
| SIRIUSXM HOLDINGS INC | [SIRI](https://holderbook.com/stocks/SIRI/) | $338.0K | 11,443 | 0.1% | 1 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $331.9K | 941 | 0.1% | 29 |
| DESCARTES SYS GROUP INC | [DSGX](https://holderbook.com/stocks/DSGX/) | $323.5K | 4,672 | 0.1% | 2 |
| TIDAL TRUST II | [MFUT](https://holderbook.com/stocks/MFUT/) | $316.7K | 17,138 | 0.1% | 8 |
| SUNBELT RENTALS HOLDINGS INC | [SUNB](https://holderbook.com/stocks/SUNB/) | $308.2K | 4,120 | 0.0% | 2 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $307.1K | 867 | 0.0% | 2 |
| ECOLAB INC | [ECL](https://holderbook.com/stocks/ECL/) | $306.5K | 1,100 | 0.0% | 11 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $287.1K | 3,000 | 0.0% | 3 |
| ISHARES TR | [IMCV](https://holderbook.com/stocks/IMCV/) | $272.3K | 2,980 | 0.0% | 1 |
| ALASKA AIR GROUP INC | [ALK](https://holderbook.com/stocks/ALK/) | $271.4K | 5,200 | 0.0% | 1 |
| APA CORPORATION | [APA](https://holderbook.com/stocks/APA/) | $270.7K | 8,310 | 0.0% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $264.9K | 783 | 0.0% | 8 |
| SPDR INDEX SHS FDS | [EDIV](https://holderbook.com/stocks/EDIV/) | $253.9K | 6,200 | 0.0% | 1 |
| OMEGA HEALTHCARE INVS INC | [OHI](https://holderbook.com/stocks/OHI/) | $247.9K | 5,200 | 0.0% | 4 |
| PAGSEGURO DIGITAL LTD | [PAGS](https://holderbook.com/stocks/PAGS/) | $243.3K | 26,887 | 0.0% | 25 |
| SABRA HEALTH CARE REIT INC | [SBRA](https://holderbook.com/stocks/SBRA/) | $234.1K | 12,000 | 0.0% | 12 |
| SPDR INDEX SHS FDS | [GXC](https://holderbook.com/stocks/GXC/) | $232.7K | 2,690 | 0.0% | 1 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $227.0K | 2,365 | 0.0% | 6 |
| JANUS DETROIT STR TR | [JAAA](https://holderbook.com/stocks/JAAA/) | $224.9K | 4,454 | 0.0% | 2 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $216.3K | 2,117 | 0.0% | 31 |
| ARK ETF TR | [ARKG](https://holderbook.com/stocks/ARKG/) | $211.6K | 5,031 | 0.0% | 1 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $205.7K | 8,217 | 0.0% | 1 |
| OCCIDENTAL PETE CORP | [OXY](https://holderbook.com/stocks/OXY/) | $191.4K | 3,940 | 0.0% | 1 |
| COINSHARES PLC | [CSHRW](https://holderbook.com/stocks/CSHRW/) | $174.8K | 46,364 | 0.0% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +17.4% | +14.8% | +2.5% | 100% |
| Q1 2026 | -6.8% | -4.6% | -2.2% | 100% |
| Q4 2025 | +2.3% | +2.4% | -0.0% | 100% |
| Q3 2025 | +11.5% | +7.8% | +3.7% | 99% |
| Q2 2025 | +9.5% | +10.5% | -0.9% | 99% |
| Q1 2025 | -5.6% | -4.6% | -1.0% | 99% |
| Q4 2024 | +2.5% | +2.1% | +0.4% | 99% |
| Q3 2024 | +7.9% | +5.4% | +2.4% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $625.4M | 123 |
| Q1 2026 | $554.3M | 118 |
| Q4 2025 | $563.4M | 129 |
| Q3 2025 | $619.4M | 133 |
| Q2 2025 | $563.4M | 136 |
| Q1 2025 | $506.4M | 137 |
| Q4 2024 | $566.2M | 150 |
| Q3 2024 | $504.0M | 159 |
| Q2 2024 | $471.6M | 149 |
| Q1 2024 | $453.7M | 163 |
| Q4 2023 | $441.8M | 157 |
| Q3 2023 | $398.9M | 158 |