13F HOLDINGS REPORT
Bellevue Group AG
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001104659-25-112697
Total Value
$4.81B
Positions
186
Other Managers
3
Confidential Omitted
No
Holdings (186)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | IONIS PHARMACEUTICALS INC | IONS | 6,224,838 | $407.2M | 8.46% |
| 2 | ARGENX SE | ARGX | 535,322 | $394.8M | 8.20% |
| 3 | REVOLUTION MEDICINES INC | RVMDW | 5,567,000 | $260.0M | 5.40% |
| 4 | NEUROCRINE BIOSCIENCES INC | NBIX | 1,760,000 | $247.1M | 5.13% |
| 5 | ALNYLAM PHARMACEUTICALS INC | ALNY | 438,679 | $200.0M | 4.16% |
| 6 | ABBOTT LABS | ABLZF | 1,427,315 | $191.2M | 3.97% |
| 7 | VERTEX PHARMACEUTICALS INC | VRTX | 457,800 | $179.3M | 3.73% |
| 8 | STRYKER CORPORATION | SYK | 440,191 | $162.7M | 3.38% |
| 9 | BOSTON SCIENTIFIC CORP | BSX | 1,659,849 | $162.1M | 3.37% |
| 10 | INTUITIVE SURGICAL INC | ISRG | 344,405 | $154.0M | 3.20% |
| 11 | AGIOS PHARMACEUTICALS INC | AGIO | 3,714,736 | $149.1M | 3.10% |
| 12 | INCYTE CORP | INCY | 1,435,855 | $121.8M | 2.53% |
| 13 | SCHOLAR ROCK HLDG CORP | SRRK | 3,237,377 | $120.6M | 2.50% |
| 14 | AKERO THERAPEUTICS INC | 00973Y108 | 2,382,755 | $113.1M | 2.35% |
| 15 | IMMUNOCORE HLDGS PLC | IMCR | 2,796,803 | $101.6M | 2.11% |
| 16 | AVIDITY BIOSCIENCES INC | 05370A108 | 2,152,862 | $93.8M | 1.95% |
| 17 | CELLDEX THERAPEUTICS INC NEW | CLDX | 3,557,669 | $92.0M | 1.91% |
| 18 | MEDTRONIC PLC | MDT | 759,861 | $72.4M | 1.50% |
| 19 | BEAM THERAPEUTICS INC | BEAM | 2,889,288 | $70.1M | 1.46% |
| 20 | EDWARDS LIFESCIENCES CORP | EW | 861,164 | $67.0M | 1.39% |
| 21 | INSULET CORP | PODD | 191,306 | $59.1M | 1.23% |
| 22 | BECTON DICKINSON & CO | BDX | 296,894 | $55.6M | 1.15% |
| 23 | DEXCOM INC | DXCM | 738,922 | $49.7M | 1.03% |
| 24 | IDEXX LABS INC | 45168D104 | 76,587 | $48.9M | 1.02% |
| 25 | UNITEDHEALTH GROUP INC | UNH | 139,722 | $48.2M | 1.00% |
| 26 | RESMED INC | RSMDF | 164,834 | $45.1M | 0.94% |
| 27 | EDGEWISE THERAPEUTICS INC | EWTX | 2,775,997 | $45.0M | 0.94% |
| 28 | RELAY THERAPEUTICS INC | RLAY | 8,343,318 | $43.6M | 0.90% |
| 29 | THERMO FISHER SCIENTIFIC INC | TMO | 86,781 | $42.1M | 0.87% |
| 30 | BIOHAVEN LTD | BHVN | 2,802,853 | $42.1M | 0.87% |
| 31 | PENUMBRA INC | PEN | 146,895 | $37.2M | 0.77% |
| 32 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 463,063 | $34.8M | 0.72% |
| 33 | ABBVIE INC | ABBV | 142,962 | $33.1M | 0.69% |
| 34 | THE CIGNA GROUP | 125523100 | 109,942 | $31.7M | 0.66% |
| 35 | ELI LILLY & CO | LLY | 40,514 | $30.9M | 0.64% |
| 36 | ELEVANCE HEALTH INC FORMERLY | ELV | 92,931 | $30.0M | 0.62% |
| 37 | WAVE LIFE SCIENCES LTD | WVE | 4,094,458 | $30.0M | 0.62% |
| 38 | STERIS PLC | STE | 118,112 | $29.2M | 0.61% |
| 39 | VEEVA SYS INC | VEEV | 97,506 | $29.0M | 0.60% |
| 40 | HCA HEALTHCARE INC | HCA | 65,607 | $28.0M | 0.58% |
| 41 | DANAHER CORPORATION | 235851102 | 127,482 | $25.3M | 0.53% |
| 42 | ZIMMER BIOMET HOLDINGS INC | ZBH | 245,202 | $24.2M | 0.50% |
| 43 | MCKESSON CORP | MCK | 28,921 | $22.3M | 0.46% |
| 44 | COOPER COS INC | 216648501 | 292,265 | $20.0M | 0.42% |
| 45 | VERTEX PHARMACEUTICALS INC | VRTX | 48,005 | $18.8M | 0.39% |
| 46 | GLOBUS MED INC | GMED | 326,867 | $18.7M | 0.39% |
| 47 | ALIGN TECHNOLOGY INC | ALGN | 144,676 | $18.1M | 0.38% |
| 48 | HUMANA INC | HUM | 69,131 | $18.0M | 0.37% |
| 49 | MOLINA HEALTHCARE INC | MOH | 90,985 | $17.4M | 0.36% |
| 50 | HOLOGIC INC | HOLX | 247,886 | $16.7M | 0.35% |
| 51 | MACROGENICS INC | MGNX | 9,919,992 | $16.7M | 0.35% |
| 52 | PRIVIA HEALTH GROUP INC | PRVA | 666,177 | $16.6M | 0.34% |
| 53 | PROCEPT BIOROBOTICS CORP | PRCT | 463,404 | $16.5M | 0.34% |
| 54 | ANNEXON INC | ANNX | 5,157,290 | $15.7M | 0.33% |
| 55 | ENCOMPASS HEALTH CORP | EHC | 122,958 | $15.6M | 0.32% |
| 56 | MASIMO CORP | MASI | 96,968 | $14.3M | 0.30% |
| 57 | JOHNSON & JOHNSON | JNJ | 74,807 | $13.9M | 0.29% |
| 58 | TRANSMEDICS GROUP INC | TMDX | 116,968 | $13.1M | 0.27% |
| 59 | BEONE MEDICINES LTD | BEIGF | 33,797 | $11.5M | 0.24% |
| 60 | UNITEDHEALTH GROUP INC | UNH | 30,335 | $10.5M | 0.22% |
| 61 | EXACT SCIENCES CORP | 30063P105 | 186,033 | $10.2M | 0.21% |
| 62 | CENTENE CORP DEL | CNC | 281,949 | $10.1M | 0.21% |
| 63 | THERMO FISHER SCIENTIFIC INC | TMO | 19,404 | $9.4M | 0.20% |
| 64 | STRUCTURE THERAPEUTICS INC | GPCR | 315,857 | $8.8M | 0.18% |
| 65 | TEVA PHARMACEUTICAL INDS LTD | 881624209 | 424,056 | $8.6M | 0.18% |
| 66 | CAREDX INC | CDNA | 572,956 | $8.3M | 0.17% |
| 67 | TENET HEALTHCARE CORP | THC | 40,372 | $8.2M | 0.17% |
| 68 | NATERA INC | NTRA | 49,889 | $8.0M | 0.17% |
| 69 | IQVIA HLDGS INC | IQV | 39,370 | $7.5M | 0.16% |
| 70 | ARGENX SE | ARGX | 10,081 | $7.4M | 0.15% |
| 71 | PHREESIA INC | PHR | 313,057 | $7.4M | 0.15% |
| 72 | DANAHER CORPORATION | 235851102 | 36,394 | $7.2M | 0.15% |
| 73 | MCKESSON CORP | MCK | 9,036 | $7.0M | 0.15% |
| 74 | ABBOTT LABS | ABLZF | 51,248 | $6.9M | 0.14% |
| 75 | NATERA INC | NTRA | 41,929 | $6.7M | 0.14% |
| 76 | ABBVIE INC | ABBV | 27,908 | $6.5M | 0.13% |
| 77 | INSULET CORP | PODD | 20,699 | $6.4M | 0.13% |
| 78 | REGENERON PHARMACEUTICALS | REGN | 11,339 | $6.4M | 0.13% |
| 79 | AXSOME THERAPEUTICS INC | AXSM | 49,471 | $6.0M | 0.12% |
| 80 | BRIGHTSPRING HEALTH SVCS INC | 10950A106 | 190,524 | $5.6M | 0.12% |
| 81 | OMADA HEALTH INC | OMDA | 251,791 | $5.6M | 0.12% |
| 82 | GILEAD SCIENCES INC | GILD | 49,893 | $5.5M | 0.12% |
| 83 | BIOMARIN PHARMACEUTICAL INC | BMRN | 95,970 | $5.2M | 0.11% |
| 84 | WAYSTAR HLDG CORP | WAY | 129,913 | $4.9M | 0.10% |
| 85 | GLAUKOS CORP | GKOS | 55,926 | $4.6M | 0.09% |
| 86 | SI-BONE INC | SIBN | 298,857 | $4.4M | 0.09% |
| 87 | QUEST DIAGNOSTICS INC | DGX | 22,423 | $4.3M | 0.09% |
| 88 | LABCORP HOLDINGS INC | LH | 14,849 | $4.3M | 0.09% |
| 89 | ICON PLC | ICLR | 24,247 | $4.2M | 0.09% |
| 90 | AMGEN INC | AMGN | 14,988 | $4.2M | 0.09% |
| 91 | INSPIRE MED SYS INC | 457730109 | 54,692 | $4.1M | 0.08% |
| 92 | STRYKER CORPORATION | SYK | 10,905 | $4.0M | 0.08% |
| 93 | ELEVANCE HEALTH INC FORMERLY | ELV | 12,040 | $3.9M | 0.08% |
| 94 | CVS HEALTH CORP | CVS | 51,199 | $3.9M | 0.08% |
| 95 | ASCENDIS PHARMA A/S | ASND | 19,398 | $3.9M | 0.08% |
| 96 | 10X GENOMICS INC | TXG | 313,836 | $3.7M | 0.08% |
| 97 | EXACT SCIENCES CORP | 30063P105 | 66,668 | $3.6M | 0.08% |
| 98 | THE CIGNA GROUP | 125523100 | 12,544 | $3.6M | 0.08% |
| 99 | ALNYLAM PHARMACEUTICALS INC | ALNY | 7,845 | $3.6M | 0.07% |
| 100 | DEXCOM INC | DXCM | 47,196 | $3.2M | 0.07% |
| 101 | KESTRA MED TECHNOLOGIES LTD | BEKE | 128,711 | $3.1M | 0.06% |
| 102 | MERCK & CO INC | MRK | 34,739 | $2.9M | 0.06% |
| 103 | NEOGENOMICS INC | NEO | 370,198 | $2.9M | 0.06% |
| 104 | LEGEND BIOTECH CORP | LEGN | 84,976 | $2.8M | 0.06% |
| 105 | EDWARDS LIFESCIENCES CORP | EW | 35,469 | $2.8M | 0.06% |
| 106 | ASTRAZENECA PLC | AZN | 35,644 | $2.7M | 0.06% |
| 107 | BIONTECH SE | BNTX | 26,351 | $2.6M | 0.05% |
| 108 | IQVIA HLDGS INC | IQV | 13,528 | $2.6M | 0.05% |
| 109 | CARDINAL HEALTH INC | CAH | 16,268 | $2.6M | 0.05% |
| 110 | ADAPTIVE BIOTECHNOLOGIES COR | ADTI | 168,476 | $2.5M | 0.05% |
| 111 | ILLUMINA INC | ILMN | 23,797 | $2.3M | 0.05% |
| 112 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 47,613 | $2.1M | 0.04% |
| 113 | REGENERON PHARMACEUTICALS | REGN | 3,718 | $2.1M | 0.04% |
| 114 | SPDR S&P 500 ETF TR | SPY | 3,100 | $2.1M | 0.04% |
| 115 | QUEST DIAGNOSTICS INC | DGX | 10,592 | $2.0M | 0.04% |
| 116 | VIKING THERAPEUTICS INC | VKTX | 76,082 | $2.0M | 0.04% |
| 117 | INTUITIVE SURGICAL INC | ISRG | 4,221 | $1.9M | 0.04% |
| 118 | HUMANA INC | HUM | 7,179 | $1.9M | 0.04% |
| 119 | INSMED INC | INSM | 11,843 | $1.7M | 0.04% |
| 120 | BAXTER INTL INC | 071813109 | 68,084 | $1.6M | 0.03% |
| 121 | CENCORA INC | COR | 4,850 | $1.5M | 0.03% |
| 122 | VANECK ETF TRUST | 92189F106 | 18,500 | $1.4M | 0.03% |
| 123 | PROTAGONIST THERAPEUTICS INC | PTGX | 20,581 | $1.4M | 0.03% |
| 124 | AVANTOR INC | AVTR | 103,362 | $1.3M | 0.03% |
| 125 | IONIS PHARMACEUTICALS INC | IONS | 19,613 | $1.3M | 0.03% |
| 126 | BETA BIONICS INC | BBNX | 64,283 | $1.3M | 0.03% |
| 127 | INSMED INC | INSM | 8,408 | $1.2M | 0.03% |
| 128 | UNITED THERAPEUTICS CORP DEL | UTHR | 2,640 | $1.1M | 0.02% |
| 129 | MADRIGAL PHARMACEUTICALS INC | MDGL | 2,393 | $1.1M | 0.02% |
| 130 | ASCENDIS PHARMA A/S | ASND | 5,505 | $1.1M | 0.02% |
| 131 | BRIDGEBIO PHARMA INC | BBIO | 20,356 | $1.1M | 0.02% |
| 132 | MINERALYS THERAPEUTICS INC | MLYS | 26,605 | $1.0M | 0.02% |
| 133 | RHYTHM PHARMACEUTICALS INC | RYTM | 9,053 | $914,262 | 0.02% |
| 134 | BROOKDALE SR LIVING INC | 112463104 | 104,665 | $886,513 | 0.02% |
| 135 | BIONTECH SE | BNTX | 7,604 | $749,906 | 0.02% |
| 136 | CERTARA INC | CERT | 59,447 | $726,442 | 0.02% |
| 137 | DOXIMITY INC | DOCS | 9,693 | $709,043 | 0.01% |
| 138 | ARGENX SE | ARGX | 925 | $682,243 | 0.01% |
| 139 | BIOGEN INC | BIIB | 4,213 | $590,157 | 0.01% |
| 140 | ISHARES TR | 464287655 | 2,300 | $556,508 | 0.01% |
| 141 | GARMIN LTD | GRMN | 2,031 | $500,073 | 0.01% |
| 142 | ROYALTY PHARMA PLC | RPRX | 12,961 | $457,264 | 0.01% |
| 143 | PLANET FITNESS INC | PLNT | 4,301 | $446,444 | 0.01% |
| 144 | NEUROCRINE BIOSCIENCES INC | NBIX | 3,105 | $435,880 | 0.01% |
| 145 | SANOFI SA | SNYNF | 8,860 | $418,192 | 0.01% |
| 146 | NEWAMSTERDAM PHARMA COMPANY | NAMSW | 14,611 | $415,537 | 0.01% |
| 147 | INCYTE CORP | INCY | 4,831 | $409,717 | 0.01% |
| 148 | APPLE INC | AAPL | 1,609 | $409,700 | 0.01% |
| 149 | TEMPUS AI INC | TEM | 5,013 | $404,599 | 0.01% |
| 150 | AMAZON COM INC | AMZN | 1,812 | $397,861 | 0.01% |
| 151 | SUMMIT THERAPEUTICS INC | SMMT | 18,982 | $392,168 | 0.01% |
| 152 | AXSOME THERAPEUTICS INC | AXSM | 2,864 | $347,833 | 0.01% |
| 153 | REVOLUTION MEDICINES INC | RVMDW | 6,838 | $319,335 | 0.01% |
| 154 | AKERO THERAPEUTICS INC | 00973Y108 | 6,559 | $311,421 | 0.01% |
| 155 | EXELIXIS INC | EXEL | 7,361 | $304,009 | 0.01% |
| 156 | PFIZER INC | PFE | 11,827 | $301,352 | 0.01% |
| 157 | META PLATFORMS INC | META | 400 | $293,752 | 0.01% |
| 158 | INSPIRE MED SYS INC | 457730109 | 3,956 | $293,535 | 0.01% |
| 159 | CARIS LIFE SCIENCES INC | CAI | 9,605 | $290,551 | 0.01% |
| 160 | UNIQURE NV | QURE | 4,763 | $278,016 | 0.01% |
| 161 | BIOMARIN PHARMACEUTICAL INC | BMRN | 5,063 | $274,212 | 0.01% |
| 162 | SCHOLAR ROCK HLDG CORP | SRRK | 7,160 | $266,638 | 0.01% |
| 163 | BAIDU INC | BAIDF | 2,000 | $263,540 | 0.01% |
| 164 | ALPHABET INC | GOOG | 1,082 | $263,034 | 0.01% |
| 165 | MODERNA INC | MRNA | 9,341 | $241,278 | 0.01% |
| 166 | KRYSTAL BIOTECH INC | KRYS | 1,312 | $231,607 | 0.00% |
| 167 | ALKERMES PLC | ALKS | 6,594 | $197,820 | 0.00% |
| 168 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 26,653 | $191,102 | 0.00% |
| 169 | PTC THERAPEUTICS INC | PTCT | 2,530 | $155,266 | 0.00% |
| 170 | NVIDIA CORPORATION | NVDA | 702 | $130,979 | 0.00% |
| 171 | ZOETIS INC | ZTS | 872 | $127,591 | 0.00% |
| 172 | GUARDANT HEALTH INC | GH | 1,953 | $122,023 | 0.00% |
| 173 | ORACLE CORP | ORCL-PD | 417 | $117,277 | 0.00% |
| 174 | CYTOKINETICS INC | CYTK | 2,100 | $115,416 | 0.00% |
| 175 | MICROSOFT CORP | MSFT | 203 | $105,144 | 0.00% |
| 176 | AGILENT TECHNOLOGIES INC | A | 806 | $103,450 | 0.00% |
| 177 | CORCEPT THERAPEUTICS INC | CORT | 1,227 | $101,976 | 0.00% |
| 178 | GENMAB A/S | GNMSF | 3,009 | $92,286 | 0.00% |
| 179 | AMNEAL PHARMACEUTICALS INC | AMRX | 7,913 | $79,209 | 0.00% |
| 180 | MERUS N V | N5749R100 | 825 | $77,674 | 0.00% |
| 181 | QUALCOMM INC | QCOM | 447 | $74,363 | 0.00% |
| 182 | LABCORP HOLDINGS INC | LH | 216 | $62,005 | 0.00% |
| 183 | MOONLAKE IMMUNOTHERAPEUTICS | MLTX | 8,399 | $60,221 | 0.00% |
| 184 | METTLER TOLEDO INTERNATIONAL | MTD | 42 | $51,560 | 0.00% |
| 185 | RECURSION PHARMACEUTICALS IN | RXRX | 5,514 | $26,908 | 0.00% |
| 186 | RELAY THERAPEUTICS INC | RLAY | 2,292 | $11,964 | 0.00% |