Bellecapital International Ltd.

Q4 2025 13F-HR Holdings

Location
Zurich, V8
Holdings as of
12/31/2025
Date filed
2/2/2026
Form type
13F-HR
Num holdings
129
Total value ($000)
$563,364
Net value change ($000)
-56,062 (-9.1%)
New positions
11
Sold out positions
14
Turnover %
3.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 10/17/2025 Next filing: 4/17/2026 SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SNPS 15,593 1402.2%
META 9,479 163.5%
GOOGL 6,485 20.4%
REGN 2,218 14.2%
TMO 1,309 17.6%
AAPL 1,004 3.3%
ISRG 702 29.0%
AMAT 677 119.6%
AMZN 644 4.7%
PFE 622 11.6%
Top Reduces (Value $000, Stocks/ETFs)
ANET -13,909 -42.0%
XMTR -11,015 -39.3%
FISV -8,643 -100.0%
MSFT -7,948 -23.3%
MELI -7,408 -30.3%
GOOGL -6,720 -66.8%
COST -6,653 -30.3%
ADBE -5,976 -32.1%
ADP -4,186 -55.5%
TSM -3,611 -11.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type