Asahi Life Asset Management Co., LTD.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 5, 2025), Asahi Life Asset Management Co., LTD. reported 163 stock positions worth $164.0 million. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.8%) and Nvidia (NVDA, 4.9%). Compared with Q3 2024, it opened 69 new positions, sold out of 61, added to 23 and reduced 65. The biggest buy was a new position in Sherwin-Williams (SHW) and the biggest sale Unitedhealth (UNH, shares −3%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001564835
Portfolio Value
$164.0M (Q4 2024)
SEC Filing
0001754960-25-000101 ↗ filed Feb 5, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $166.8M Q1 2024 Q2 2024: $145.4M Q2 2024 Q3 2024: $165.2M Q3 2024 Q4 2024: $164.0M $164.0M Q4 2024 Q1 2025: $154.5M Q1 2025 Q2 2025: $171.2M Q2 2025 Q3 2025: $180.3M Q3 2025 Q4 2025: $179.4M Q4 2025 Q1 2026: $154.7M Q1 2026 Q2 2026: $177.0M Q2 2026

Holdings 163 stocks · $164.0M
AAPL Apple Inc. 5.88% 38,543 $9.7M Reduce -6.8%
MSFT Microsoft Corp. 5.83% 22,692 $9.6M Reduce -5.9%
NVDA Nvidia Corp. 4.87% 59,446 $8.0M Add +9.5%
AMZN Amazon.com Inc. 3.67% 27,431 $6.0M Reduce -8.4%
UNH Unitedhealth Group Inc. 3.22% 10,431 $5.3M Reduce -2.9%
GS Goldman Sachs Group Inc. 3.11% 8,916 $5.1M Reduce -16.4%
HD Home Depot Inc. 2.74% 11,541 $4.5M Add +9.3%
GOOGL Alphabet Inc. Class A 2.68% 23,215 $4.4M Reduce -6.3%
CRM Salesforce Inc. 2.38% 11,696 $3.9M Reduce -7.3%
V Visa Inc. Class A 2.34% 12,131 $3.8M Reduce -4.5%
SHW The Sherwin-Williams Co. 2.12% 10,226 $3.5M New
CAT Caterpillar Inc. 1.97% 8,916 $3.2M Reduce -4.6%
JPM JPMorgan Chase & Co. 1.94% 13,276 $3.2M Reduce -17.8%
AMGN Amgen Inc. 1.74% 10,981 $2.9M Reduce -4.2%
META Meta Platforms Inc. Class A 1.72% 4,828 $2.8M Add +5.1%
AXP American Express Co. 1.61% 8,916 $2.6M Reduce -15.5%
PG The Procter & Gamble Co. 1.59% 15,576 $2.6M Reduce -5.3%
MCD McDonald's Corp. 1.58% 8,916 $2.6M Reduce -7.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.44% 10,726 $2.4M Reduce -15.7%
HON Honeywell International Inc. 1.41% 10,226 $2.3M Reduce -15.8%
TSLA Tesla Inc. 1.39% 5,657 $2.3M Reduce -5.3%
TRV The Travelers Cos Inc. 1.31% 8,916 $2.1M Reduce -4.6%
CVX Chevron Corp. 1.26% 14,246 $2.1M Add +9.8%
AVGO Broadcom Inc. 1.22% 8,600 $2.0M Add +17.0%
JNJ Johnson & Johnson 1.19% 13,466 $1.9M Add +5.7%
MMM 3M Co. 0.98% 12,516 $1.6M Add +34.0%
WMT Walmart Inc. 0.97% 17,562 $1.6M Reduce -6.0%
BA The Boeing Co. 0.96% 8,916 $1.6M Reduce -4.6%
BRK.B Berkshire Hathaway Inc. Class B 0.89% 3,215 $1.5M Reduce -7.8%
MRK Merck & Co. Inc. 0.66% 10,818 $1.1M Reduce -37.5%
KO The Coca-Cola Co. 0.63% 16,616 $1.0M Reduce -18.4%
NFLX Netflix Inc. 0.61% 1,115 $994K Add +61.1%
CSCO Cisco Systems Inc. 0.61% 16,776 $993K Reduce -30.5%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.61% 8,916 $993K Reduce -23.1%
ABBV Abbvie Inc. 0.57% 5,290 $940K Add +25.9%
XOM Exxon Mobil Corp. 0.56% 8,605 $926K Add +28.1%
LLY Eli Lilly & Co. 0.56% 1,186 $916K Reduce -42.3%
MA Mastercard Inc. Class A 0.52% 1,630 $858K Reduce -31.7%
ORCL Oracle Corp. 0.52% 5,120 $853K Reduce -10.5%
COST Costco Wholesale Corp. 0.48% 868 $795K Reduce -7.5%
NOW ServiceNow Inc. 0.46% 718 $761K New
ADBE Adobe Inc. 0.43% 1,586 $705K Add +115.5%
PM Philip Morris International 0.43% 5,830 $702K Add +23.0%
INTU Intuit Inc. 0.42% 1,093 $687K Add +74.0%
NKE Nike Inc. Class B 0.41% 8,916 $675K Reduce -4.6%
GE General Electric filed as GE AEROSPACE 0.41% 4,040 $674K Reduce -5.4%
PLTR Palantir Technologies Inc. Class A 0.41% 8,900 $673K New
QCOM Qualcomm Inc. 0.39% 4,205 $646K Reduce -1.2%
SPGI S&P Global Inc. 0.39% 1,288 $641K Add +85.9%
C Citigroup Inc. 0.38% 8,800 $619K No change
BLK BlackRock Inc. 0.37% 590 $605K Add +68.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.36% 13,560 $596K Reduce -41.8%
CMCSA Comcast Corp. Class A 0.34% 14,980 $562K Reduce -7.0%
LOW Lowe's Cos Inc. 0.33% 2,190 $540K New
BMY Bristol-Myers Squibb Co. 0.33% 9,510 $538K New
CB Chubb Ltd. 0.32% 1,910 $528K New
TMUS T-Mobile US Inc. 0.32% 2,390 $528K New
BX Blackstone Inc. 0.32% 3,050 $526K Reduce -16.2%
MRSH Marsh & McLennan Cos 0.32% 2,440 $518K Reduce -6.2%
VRTX Vertex Pharmaceuticals Inc. 0.31% 1,280 $515K New
GEV GE Vernova Inc. 0.31% 1,565 $515K New
MO Altria Group Inc. 0.31% 9,800 $512K No change
MCO Moody's Corp. 0.31% 1,060 $502K New
SHOP Shopify Inc. Class A 0.30% 4,570 $486K New
PYPL PayPal Holdings Inc. 0.29% 5,640 $481K New
LMT Lockheed Martin Corp. 0.29% 977 $475K No change
FDX FedEx Corp. 0.29% 1,685 $474K Reduce -1.2%
MSI Motorola Solutions Inc. 0.29% 1,015 $469K Reduce -14.3%
WMB Williams Cos Inc. 0.28% 8,620 $467K Reduce -11.5%
UBER Uber Technologies Inc. 0.28% 7,720 $466K Add +27.0%
FTNT Fortinet Inc. 0.28% 4,800 $454K Reduce -15.0%
APP AppLovin Corp. Class A 0.27% 1,380 $447K Reduce -53.2%
CEG Constellation Energy 0.27% 1,955 $437K New
DOCU Docusign Inc. 0.26% 4,820 $434K Reduce -18.2%
CI The Cigna Group 0.26% 1,550 $428K New
MELI MercadoLibre Inc. 0.26% 249 $423K Reduce -0.4%
LNG Cheniere Energy Inc. 0.26% 1,950 $419K Reduce -16.3%
ORLY O'reilly Automotive Inc. 0.26% 353 $419K New
TD Toronto-Dominion Bank 0.25% 7,820 $416K New
ACN Accenture PLC Class A 0.25% 1,179 $415K Reduce -10.9%
KR Kroger Co. 0.25% 6,750 $413K New
SRE Sempra 0.25% 4,690 $411K Reduce -12.3%
D Dominion Energy Inc. 0.25% 7,610 $410K Reduce -2.6%
DASH DoorDash Inc. Class A 0.25% 2,400 $403K Reduce -21.6%
VRSN Verisign Inc. 0.24% 1,940 $402K New
PEP Pepsico Inc. 0.24% 2,615 $398K Reduce -7.4%
CTAS Cintas Corp. 0.24% 2,165 $396K New
RIVN Rivian Automotive Inc. Class A 0.24% 29,540 $393K Add +0.4%
CAH Cardinal Health Inc. 0.23% 3,220 $381K New
DAL Delta Air Lines Inc. 0.23% 6,230 $377K New
EXC Exelon Corp. 0.23% 9,940 $374K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.23% 6,950 $373K New
LIN Linde PLC 0.23% 882 $369K New
AMD Advanced Micro Devices 0.22% 3,050 $368K New
EFX Equifax Inc. 0.22% 1,440 $367K New
ACGL Arch Capital Group Ltd. 0.22% 3,960 $366K New
APTV Aptiv PLC 0.22% 6,030 $365K Add +16.4%
TWLO Twilio Inc. Class A 0.22% 3,370 $364K New
LUV Southwest Airlines Co. 0.22% 10,820 $364K Reduce -6.9%
HUM Humana Inc. 0.22% 1,420 $360K New
ISRG Intuitive Surgical Inc. 0.22% 690 $360K New
OKTA Okta Inc. 0.22% 4,560 $359K Reduce -2.1%
KVUE Kenvue Inc. 0.22% 16,830 $359K Add +34.2%
FTV Fortive Corp. 0.22% 4,780 $359K New
VZ Verizon Communications Inc. 0.22% 8,916 $357K Reduce -65.7%
CNC Centene Corp. 0.22% 5,880 $356K New
CVS CVS Health Corp. 0.22% 7,930 $356K No change
NRG NRG Energy Inc. 0.22% 3,940 $355K Reduce -10.9%
GEN Gen Digital Inc. 0.22% 12,950 $355K New
FDS Factset Research Systems Inc. 0.21% 730 $351K New
BIO Bio-Rad Laboratories-A 0.21% 1,065 $350K New
BIIB Biogen Inc. 0.21% 2,285 $349K Add +26.9%
ALNY Alnylam Pharmaceuticals Inc. 0.21% 1,480 $348K Reduce -7.5%
TW Tradeweb Markets Inc. Class A 0.21% 2,640 $346K New
SSNC Ss&c Technologies Holdings 0.21% 4,560 $346K New
CTRA Coterra Energy Inc. 0.21% 13,510 $345K New
WBA Walgreens Boots Alliance Inc. 0.21% 36,780 $343K New
LYV Live Nation Entertainment Inc. 0.21% 2,640 $342K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.21% 3,020 $342K New
DKNG Draftkings Inc. Class A 0.21% 9,170 $341K No change
ACI Albertsons Cos Inc. Class A 0.21% 17,270 $339K New
KNX Knight-Swift Transportation 0.21% 6,390 $339K No change
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.20% 1,900 $333K New
PFG Principal Financial Group 0.20% 4,280 $331K New
AKAM Akamai Technologies Inc. 0.20% 3,460 $331K New
VTRS Viatris Inc. 0.20% 26,520 $330K New
INCY Incyte Corp. 0.20% 4,780 $330K New
BBY Best Buy Co. Inc. 0.20% 3,830 $329K New
ES Eversource Energy 0.20% 5,660 $325K Reduce -5.0%
BALL Ball Corp. 0.20% 5,890 $325K New
AEP American Electric Power 0.20% 3,520 $325K New
TRU Transunion 0.20% 3,495 $324K New
TRP TC Energy Corp. 0.20% 6,940 $323K Reduce -25.5%
LEN Lennar Corp. Class A 0.20% 2,370 $323K New
ODFL Old Dominion Freight Line 0.19% 1,810 $319K New
BKNG Booking Holdings Inc. 0.19% 64 $318K New
SOLV Solventum Corp. 0.19% 4,800 $317K New
KEY Keycorp 0.19% 17,950 $308K New
SBUX Starbucks Corp. 0.19% 3,370 $308K New
PFE Pfizer Inc. 0.19% 11,570 $307K Reduce -48.9%
DVA Davita Inc. 0.19% 2,050 $307K New
MS Morgan Stanley 0.19% 2,420 $304K Add +18.1%
TOST Toast Inc. Class A 0.18% 8,300 $303K New
RTX RTX Corp. 0.18% 2,610 $302K Reduce -52.7%
ELV Elevance Health Inc. 0.18% 815 $301K Reduce -22.0%
NEE Nextera Energy Inc. 0.18% 4,180 $300K Reduce -49.4%
OMC Omnicom Group 0.18% 3,480 $299K New
MKTX Marketaxess Holdings Inc. 0.18% 1,290 $292K New
UNP Union Pacific Corp. 0.18% 1,275 $291K New
EIDO iShares MSCI Indonesia ETF 0.17% 15,500 $286K Add +34.3%
HII Huntington Ingalls Industrie 0.17% 1,490 $282K Add +7.2%
WPM Wheaton Precious Metals Corp. 0.17% 4,930 $277K New
FNV Franco-Nevada Corp. 0.17% 2,350 $276K Reduce -19.2%
ETN Eaton Corp. PLC 0.17% 830 $275K New
SWK Stanley Black & Decker Inc. 0.17% 3,400 $273K New
PGR Progressive Corp. 0.16% 1,100 $264K Reduce -56.6%
GFL GFL Environmental Inc.-Sub VT 0.15% 5,640 $251K New
SE Sea Ltd.-ADR 0.15% 2,315 $246K Reduce -46.4%
OTEX Open Text Corp. 0.15% 8,530 $241K New
TECK Teck Resources Ltd.-CLS B 0.15% 5,920 $240K New
SCHW Schwab (charles) Corp. 0.14% 3,140 $232K New
COP Conocophillips 0.13% 2,140 $212K Reduce -58.9%
GRAB Grab Holdings Ltd. Class A 0.04% 13,300 $63K Reduce -8.3%

Portfolio Sells Q3 2024 → Q4 2024
UNH Unitedhealth Group Inc. Reduce -2.9% 3.22% −0.58
LLY Eli Lilly & Co. Reduce -42.3% 0.56% −0.54
MRK Merck & Co. Inc. Reduce -37.5% 0.66% −0.53
AMGN Amgen Inc. Reduce -4.2% 1.74% −0.49
VZ Verizon Communications Inc. Reduce -65.7% 0.22% −0.49
MSFT Microsoft Corp. Reduce -5.9% 5.83% −0.45
WFC Wells Fargo & Co. Sold out 0.00% −0.43
LRCX Lam Research Corp. Sold out 0.00% −0.35
MDLZ Mondelez International Inc. Class A Sold out 0.00% −0.33
UPS United Parcel Service Class B Sold out 0.00% −0.33
KLAC KLA Corp. Sold out 0.00% −0.32
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −0.32
DOW Dow Inc. Sold out 0.00% −0.31
KKR KKR & Co. Inc. Sold out 0.00% −0.30
COF Capital One Financial Corp. Sold out 0.00% −0.29
NEM Newmont Corp. Sold out 0.00% −0.29
EOG EOG Resources Inc. Sold out 0.00% −0.28
GD General Dynamics Corp. Sold out 0.00% −0.28
NOC Northrop Grumman Corp. Sold out 0.00% −0.28
CMI Cummins Inc. Sold out 0.00% −0.27
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.27
IBM Intl Business Machines Corp. Reduce -15.7% 1.44% −0.27
ED Consolidated Edison Inc. Sold out 0.00% −0.26
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.26
EXAS Exact Sciences Corp. Sold out 0.00% −0.26
GM General Motors Co. Sold out 0.00% −0.26
KO The Coca-Cola Co. Reduce -18.4% 0.63% −0.26
HWM Howmet Aerospace Inc. Sold out 0.00% −0.25
WAT Waters Corp. Sold out 0.00% −0.25
VRT Vertiv Holdings Co. Class A Sold out 0.00% −0.25
ABT Abbott Laboratories Sold out 0.00% −0.25
AEM Agnico Eagle Mines Ltd. Sold out 0.00% −0.25
HPE Hewlett Packard Enterprise Sold out 0.00% −0.25
MNST Monster Beverage Corp. Sold out 0.00% −0.24
ILMN Illumina Inc. Sold out 0.00% −0.24
CAT Caterpillar Inc. Reduce -4.6% 1.97% −0.24
NEE Nextera Energy Inc. Reduce -49.4% 0.18% −0.24
ARES Ares Management Corp. Class A Sold out 0.00% −0.24
FCNCA First Citizens Bcshs Class A Sold out 0.00% −0.24
F Ford Motor Co. Sold out 0.00% −0.24
ZM Zoom Communications Inc. Sold out 0.00% −0.24
HSY The Hershey Co. Sold out 0.00% −0.24
CSL Carlisle Cos Inc. Sold out 0.00% −0.24
EXPE Expedia Group Inc. Sold out 0.00% −0.24
WDC Western Digital Corp. Sold out 0.00% −0.24
BMRN Biomarin Pharmaceutical Inc. Sold out 0.00% −0.23
FOXA Fox Corp. Class A Sold out 0.00% −0.23
ZBH Zimmer Biomet Holdings Inc. Sold out 0.00% −0.23
NBIX Neurocrine Biosciences Inc. Sold out 0.00% −0.23
PGR Progressive Corp. Reduce -56.6% 0.16% −0.23

Portfolio Buys Q3 2024 → Q4 2024
SHW The Sherwin-Williams Co. New 2.12% +2.12
NVDA Nvidia Corp. Add +9.5% 4.87% +0.88
NOW ServiceNow Inc. New 0.46% +0.46
AVGO Broadcom Inc. Add +17.0% 1.22% +0.45
PLTR Palantir Technologies Inc. Class A New 0.41% +0.41
LOW Lowe's Cos Inc. New 0.33% +0.33
BMY Bristol-Myers Squibb Co. New 0.33% +0.33
CB Chubb Ltd. New 0.32% +0.32
TMUS T-Mobile US Inc. New 0.32% +0.32
VRTX Vertex Pharmaceuticals Inc. New 0.31% +0.31
GEV GE Vernova Inc. New 0.31% +0.31
NFLX Netflix Inc. Add +61.1% 0.61% +0.31
MCO Moody's Corp. New 0.31% +0.31
SHOP Shopify Inc. Class A New 0.30% +0.30
PYPL PayPal Holdings Inc. New 0.29% +0.29
CEG Constellation Energy New 0.27% +0.27
CI The Cigna Group New 0.26% +0.26
ORLY O'reilly Automotive Inc. New 0.26% +0.26
TD Toronto-Dominion Bank New 0.25% +0.25
KR Kroger Co. New 0.25% +0.25
VRSN Verisign Inc. New 0.24% +0.24
CTAS Cintas Corp. New 0.24% +0.24
CAH Cardinal Health Inc. New 0.23% +0.23
DAL Delta Air Lines Inc. New 0.23% +0.23
EXC Exelon Corp. New 0.23% +0.23
BNS Bank of Nova Scotia New 0.23% +0.23
LIN Linde PLC New 0.23% +0.23
AMD Advanced Micro Devices New 0.22% +0.22
EFX Equifax Inc. New 0.22% +0.22
ACGL Arch Capital Group Ltd. New 0.22% +0.22
TWLO Twilio Inc. Class A New 0.22% +0.22
HUM Humana Inc. New 0.22% +0.22
ISRG Intuitive Surgical Inc. New 0.22% +0.22
FTV Fortive Corp. New 0.22% +0.22
CNC Centene Corp. New 0.22% +0.22
GEN Gen Digital Inc. New 0.22% +0.22
FDS Factset Research Systems Inc. New 0.21% +0.21
BIO Bio-Rad Laboratories-A New 0.21% +0.21
MMM 3M Co. Add +34.0% 0.98% +0.21
SSNC Ss&c Technologies Holdings New 0.21% +0.21
TW Tradeweb Markets Inc. Class A New 0.21% +0.21
CTRA Coterra Energy Inc. New 0.21% +0.21
WBA Walgreens Boots Alliance Inc. New 0.21% +0.21
LYV Live Nation Entertainment Inc. New 0.21% +0.21
TROW T Rowe Price Group Inc. New 0.21% +0.21
ACI Albertsons Cos Inc. Class A New 0.21% +0.21
JKHY Jack Henry & Associates Inc. New 0.20% +0.20
PFG Principal Financial Group New 0.20% +0.20
AKAM Akamai Technologies Inc. New 0.20% +0.20
INCY Incyte Corp. New 0.20% +0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 158$177.0MCAT, AAPL, NVDA, GOOGL, GS
Q1 2026 150$154.7MNVDA, AAPL, MSFT, GS, CAT
Q4 2025 156$179.4MMSFT, NVDA, AAPL, GS, GOOGL
Q3 2025 153$180.3MMSFT, NVDA, AAPL, GS, AMZN
Q2 2025 155$171.2MMSFT, NVDA, AAPL, GS, AMZN
Q1 2025 156$154.5MAAPL, MSFT, NVDA, UNH, GS
Q4 2024 163$164.0MAAPL, MSFT, NVDA, AMZN, UNH
Q3 2024 155$165.2MMSFT, AAPL, NVDA, UNH, AMZN
Q2 2024 144$145.4MMSFT, AAPL, NVDA, AMZN, UNH
Q1 2024 166$166.8MMSFT, AAPL, UNH, AMZN, HD