Filed: 2/17/2026ACC: 0001104659-26-016360
📋 What this filing means
BELLEVUE GROUP AG filed this quarterly 13F‑HR report disclosing 176 equity positions with a total reported market value of $5.28B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
176
Positions
$5.28B
Total AUM (reported)
85.82M
Total Shares
Allocation by class
COM$4.09B77.5%
SPONSORED ADR$396.67M7.5%
COM NEW$344.05M6.5%
CL A$112.66M2.1%
SHS$109.52M2.1%
ADS$97.08M1.8%
COMMON STOCK$34.82M0.7%
Portfolio Concentration
Top 3$1.17B22.1%
4–10$1.44B27.4%
11–25$1.46B27.7%
Rest$1.20B22.8%
Top 3 weight
22.1%
Top 10 weight
49.5%
Voting Authority Distribution
Total shares with voting rights: 85.82M
Sole
Full voting authority
85.82M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole0
Shared0
Other176
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings176
Rows:
REVOLUTION MEDICINES INC
DFNDShares5.01M
TypeSH
Market value$398.71M
7.56%
Sole
5.01M
Shared
0.00
None
0.00
ARGENX SE
DFNDShares461.85K
TypeSH
Market value$388.40M
7.36%
Sole
461.85K
Shared
0.00
None
0.00
IONIS PHARMACEUTICALS INC
DFNDShares4.80M
TypeSH
Market value$379.90M
7.20%
Sole
4.80M
Shared
0.00
None
0.00
VERTEX PHARMACEUTICALS INC
DFNDShares681.12K
TypeSH
Market value$308.79M
5.85%
Sole
681.12K
Shared
0.00
None
0.00
NEUROCRINE BIOSCIENCES INC
DFNDShares1.70M
TypeSH
Market value$241.58M
4.58%
Sole
1.70M
Shared
0.00
None
0.00
AVIDITY BIOSCIENCES INC
DFNDShares2.63M
TypeSH
Market value$189.77M
3.60%
Sole
2.63M
Shared
0.00
None
0.00
INTUITIVE SURGICAL INC
DFNDShares322.03K
TypeSH
Market value$182.38M
3.46%
Sole
322.03K
Shared
0.00
None
0.00
SCHOLAR ROCK HLDG CORP
DFNDShares4.06M
TypeSH
Market value$178.69M
3.39%
Sole
4.06M
Shared
0.00
None
0.00
ALNYLAM PHARMACEUTICALS INC
DFNDShares445.90K
TypeSH
Market value$177.31M
3.36%
Sole
445.90K
Shared
0.00
None
0.00
ABBOTT LABS
DFNDShares1.32M
TypeSH
Market value$165.00M
3.13%
Sole
1.32M
Shared
0.00
None
0.00
AMICUS THERAPEUTICS INC
DFNDShares10.74M
TypeSH
Market value$152.87M
2.90%
Sole
10.74M
Shared
0.00
None
0.00
BOSTON SCIENTIFIC CORP
DFNDShares1.56M
TypeSH
Market value$148.71M
2.82%
Sole
1.56M
Shared
0.00
None
0.00
VIRIDIAN THERAPEUTICS INC
DFNDShares4.36M
TypeSH
Market value$135.64M
2.57%
Sole
4.36M
Shared
0.00
None
0.00
STRYKER CORPORATION
DFNDShares360.58K
TypeSH
Market value$126.73M
2.40%
Sole
360.58K
Shared
0.00
None
0.00
NUVALENT INC
DFNDShares1.04M
TypeSH
Market value$104.36M
1.98%
Sole
1.04M
Shared
0.00
None
0.00
KRYSTAL BIOTECH INC
DFNDShares410.32K
TypeSH
Market value$101.16M
1.92%
Sole
410.32K
Shared
0.00
None
0.00
CELLDEX THERAPEUTICS INC NEW
DFNDShares3.62M
TypeSH
Market value$98.26M
1.86%
Sole
3.62M
Shared
0.00
None
0.00
IMMUNOCORE HLDGS PLC
DFNDShares2.80M
TypeSH
Market value$97.08M
1.84%
Sole
2.80M
Shared
0.00
None
0.00
EDWARDS LIFESCIENCES CORP
DFNDShares1.04M
TypeSH
Market value$88.92M
1.69%
Sole
1.04M
Shared
0.00
None
0.00
VERA THERAPEUTICS INC
DFNDShares1.70M
TypeSH
Market value$85.99M
1.63%
Sole
1.70M
Shared
0.00
None
0.00
MEDTRONIC PLC
DFNDShares766.59K
TypeSH
Market value$73.64M
1.40%
Sole
766.59K
Shared
0.00
None
0.00
RELAY THERAPEUTICS INC
DFNDShares8.35M
TypeSH
Market value$70.60M
1.34%
Sole
8.35M
Shared
0.00
None
0.00
IDEXX LABS INC
DFNDShares94.54K
TypeSH
Market value$63.96M
1.21%
Sole
94.54K
Shared
0.00
None
0.00
UNITEDHEALTH GROUP INC
DFNDShares175.17K
TypeSH
Market value$57.83M
1.10%
Sole
175.17K
Shared
0.00
None
0.00
DEXCOM INC
DFNDShares847.40K
TypeSH
Market value$56.24M
1.07%
Sole
847.40K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
REVOLUTION MEDICINES INCDFND | COM | 5.01M | SH | $398.71M 7.56% | 5.01M | 0.00 | 0.00 |
ARGENX SEDFND | SPONSORED ADR | 461.85K | SH | $388.40M 7.36% | 461.85K | 0.00 | 0.00 |
IONIS PHARMACEUTICALS INCDFND | COM | 4.80M | SH | $379.90M 7.20% | 4.80M | 0.00 | 0.00 |
VERTEX PHARMACEUTICALS INCDFND | COM | 681.12K | SH | $308.79M 5.85% | 681.12K | 0.00 | 0.00 |
NEUROCRINE BIOSCIENCES INCDFND | COM | 1.70M | SH | $241.58M 4.58% | 1.70M | 0.00 | 0.00 |
AVIDITY BIOSCIENCES INCDFND | COM | 2.63M | SH | $189.77M 3.60% | 2.63M | 0.00 | 0.00 |
INTUITIVE SURGICAL INCDFND | COM NEW | 322.03K | SH | $182.38M 3.46% | 322.03K | 0.00 | 0.00 |
SCHOLAR ROCK HLDG CORPDFND | COM | 4.06M | SH | $178.69M 3.39% | 4.06M | 0.00 | 0.00 |
ALNYLAM PHARMACEUTICALS INCDFND | COM | 445.90K | SH | $177.31M 3.36% | 445.90K | 0.00 | 0.00 |
ABBOTT LABSDFND | COM | 1.32M | SH | $165.00M 3.13% | 1.32M | 0.00 | 0.00 |
AMICUS THERAPEUTICS INCDFND | COM | 10.74M | SH | $152.87M 2.90% | 10.74M | 0.00 | 0.00 |
BOSTON SCIENTIFIC CORPDFND | COM | 1.56M | SH | $148.71M 2.82% | 1.56M | 0.00 | 0.00 |
VIRIDIAN THERAPEUTICS INCDFND | COM | 4.36M | SH | $135.64M 2.57% | 4.36M | 0.00 | 0.00 |
STRYKER CORPORATIONDFND | COM | 360.58K | SH | $126.73M 2.40% | 360.58K | 0.00 | 0.00 |
NUVALENT INCDFND | COM | 1.04M | SH | $104.36M 1.98% | 1.04M | 0.00 | 0.00 |
KRYSTAL BIOTECH INCDFND | COM | 410.32K | SH | $101.16M 1.92% | 410.32K | 0.00 | 0.00 |
CELLDEX THERAPEUTICS INC NEWDFND | COM NEW | 3.62M | SH | $98.26M 1.86% | 3.62M | 0.00 | 0.00 |
IMMUNOCORE HLDGS PLCDFND | ADS | 2.80M | SH | $97.08M 1.84% | 2.80M | 0.00 | 0.00 |
EDWARDS LIFESCIENCES CORPDFND | COM | 1.04M | SH | $88.92M 1.69% | 1.04M | 0.00 | 0.00 |
VERA THERAPEUTICS INCDFND | CL A | 1.70M | SH | $85.99M 1.63% | 1.70M | 0.00 | 0.00 |
MEDTRONIC PLCDFND | SHS | 766.59K | SH | $73.64M 1.40% | 766.59K | 0.00 | 0.00 |
RELAY THERAPEUTICS INCDFND | COM | 8.35M | SH | $70.60M 1.34% | 8.35M | 0.00 | 0.00 |
IDEXX LABS INCDFND | COM | 94.54K | SH | $63.96M 1.21% | 94.54K | 0.00 | 0.00 |
UNITEDHEALTH GROUP INCDFND | COM | 175.17K | SH | $57.83M 1.10% | 175.17K | 0.00 | 0.00 |
DEXCOM INCDFND | COM | 847.40K | SH | $56.24M 1.07% | 847.40K | 0.00 | 0.00 |
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