Asahi Life Asset Management Co., LTD.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 4, 2026), Asahi Life Asset Management Co., LTD. reported 156 stock positions worth $179.4 million. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by Nvidia (NVDA, 5.7%) and Apple (AAPL, 5.4%). Compared with Q3 2025, it opened 52 new positions, sold out of 49, added to 31 and reduced 69. The biggest buy was Alphabet Class A (GOOGL, shares +4%) and the biggest sale Microsoft (MSFT, shares −4%).

Most Recent 13F
Q2 2026
Location
TOKYO, M0
CIK
0001564835
Portfolio Value
$179.4M (Q4 2025)
SEC Filing
0001754960-26-000153 ↗ filed Feb 4, 2026

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 Q4 2024 Q1 2025: $154.5M Q1 2025 Q2 2025: $171.2M Q2 2025 Q3 2025: $180.3M Q3 2025 Q4 2025: $179.4M $179.4M Q4 2025 Q1 2026: $154.7M Q1 2026 Q2 2026: $177.0M Q2 2026

Holdings 156 stocks · $179.4M
MSFT Microsoft Corp. 5.79% 21,459 $10.4M Reduce -3.6%
NVDA Nvidia Corp. 5.72% 54,972 $10.3M Add +0.6%
AAPL Apple Inc. 5.43% 35,801 $9.7M Reduce -3.2%
GS Goldman Sachs Group Inc. 4.16% 8,487 $7.5M Reduce -7.7%
GOOGL Alphabet Inc. Class A 3.63% 20,789 $6.5M Add +4.3%
AMZN Amazon.com Inc. 3.36% 26,087 $6.0M Reduce -8.1%
CAT Caterpillar Inc. 2.81% 8,799 $5.0M Reduce -4.3%
JPM JPMorgan Chase & Co. 2.24% 12,467 $4.0M Reduce -6.4%
V Visa Inc. Class A 2.07% 10,611 $3.7M Reduce -7.0%
HD Home Depot Inc. 1.99% 10,357 $3.6M Reduce -6.5%
AMGN Amgen Inc. 1.91% 10,462 $3.4M Add +2.7%
AXP American Express Co. 1.75% 8,487 $3.1M Reduce -7.7%
AVGO Broadcom Inc. 1.75% 9,059 $3.1M Reduce -3.8%
CRM Salesforce Inc. 1.71% 11,571 $3.1M Add +5.1%
META Meta Platforms Inc. Class A 1.68% 4,570 $3.0M Add +12.3%
UNH Unitedhealth Group Inc. 1.68% 9,105 $3.0M Reduce -16.4%
SHW The Sherwin-Williams Co. 1.53% 8,487 $2.8M Reduce -7.7%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.51% 9,126 $2.7M Reduce -16.4%
MCD McDonald's Corp. 1.45% 8,487 $2.6M Reduce -19.6%
TRV The Travelers Cos Inc. 1.37% 8,487 $2.5M Reduce -7.7%
TSLA Tesla Inc. 1.30% 5,200 $2.3M Reduce -4.1%
JNJ Johnson & Johnson 1.29% 11,223 $2.3M Reduce -17.4%
WMT Walmart Inc. 1.22% 19,613 $2.2M Add +39.2%
CVX Chevron Corp. 1.21% 14,277 $2.2M Reduce -5.4%
LLY Eli Lilly & Co. 1.07% 1,793 $1.9M Reduce -8.2%
BA The Boeing Co. 1.03% 8,487 $1.8M Reduce -30.6%
PG The Procter & Gamble Co. 1.02% 12,728 $1.8M Reduce -19.4%
HON Honeywell International Inc. 0.92% 8,487 $1.7M Reduce -18.8%
CSCO Cisco Systems Inc. 0.87% 20,364 $1.6M Add +23.5%
MMM 3M Co. 0.76% 8,487 $1.4M Reduce -7.7%
XOM Exxon Mobil Corp. 0.73% 10,838 $1.3M Add +10.9%
KO The Coca-Cola Co. 0.62% 15,935 $1.1M Reduce -27.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.61% 19,847 $1.1M Add +0.9%
ABBV Abbvie Inc. 0.60% 4,684 $1.1M Reduce -9.0%
MU Micron Technology Inc. 0.57% 3,585 $1.0M New
MRK Merck & Co. Inc. 0.57% 9,720 $1.0M Reduce -46.8%
AMD Advanced Micro Devices 0.55% 4,571 $979K Reduce -7.8%
VZ Verizon Communications Inc. 0.54% 23,827 $970K Reduce -3.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.54% 8,487 $966K Reduce -7.7%
BRK.B Berkshire Hathaway Inc. Class B 0.53% 1,883 $946K Reduce -25.2%
WFC Wells Fargo & Co. 0.52% 9,951 $927K Reduce -2.9%
GE General Electric filed as GE AEROSPACE 0.52% 3,005 $926K Reduce -4.6%
C Citigroup Inc. 0.45% 6,858 $800K Reduce -0.2%
RTX RTX Corp. 0.45% 4,358 $799K Add +75.1%
COST Costco Wholesale Corp. 0.40% 829 $715K Reduce -29.1%
QCOM Qualcomm Inc. 0.40% 4,174 $714K New
ISRG Intuitive Surgical Inc. 0.40% 1,259 $713K Reduce -11.1%
ACN Accenture PLC Class A 0.39% 2,618 $702K Add +219.7%
COF Capital One Financial Corp. 0.39% 2,879 $698K Add +3.6%
GEV GE Vernova Inc. 0.38% 1,041 $680K Add +196.6%
APH Amphenol Corp. Class A 0.38% 5,001 $676K New
BLK BlackRock Inc. 0.37% 628 $672K Add +11.6%
T AT&T Inc. 0.37% 26,591 $661K Add +99.3%
INTU Intuit Inc. 0.36% 988 $654K Add +88.9%
NEM Newmont Corp. 0.36% 6,388 $638K Reduce -1.3%
APP AppLovin Corp. Class A 0.35% 933 $629K Reduce -2.1%
NEE Nextera Energy Inc. 0.35% 7,745 $622K Reduce -8.7%
PFE Pfizer Inc. 0.35% 24,943 $621K No change
INTC Intel Corp. 0.34% 16,640 $614K New
GM General Motors Co. 0.34% 7,440 $605K Reduce -6.9%
BSX Boston Scientific Corp. 0.33% 6,226 $594K Add +136.1%
COP Conocophillips 0.33% 6,329 $592K New
CMCSA Comcast Corp. Class A 0.33% 19,597 $586K Add +36.7%
BMY Bristol-Myers Squibb Co. 0.32% 10,740 $579K New
PNC PNC Financial Services Group 0.31% 2,655 $554K New
NFLX Netflix Inc. 0.30% 5,826 $546K Reduce -45.7%
CEG Constellation Energy 0.30% 1,531 $541K New
NKE Nike Inc. Class B 0.30% 8,487 $541K Reduce -7.7%
MA Mastercard Inc. Class A 0.30% 944 $539K Reduce -2.9%
HWM Howmet Aerospace Inc. 0.30% 2,595 $532K Add +1.0%
CVS CVS Health Corp. 0.29% 6,646 $527K New
USB US Bancorp 0.29% 9,820 $524K Reduce -2.4%
WDC Western Digital Corp. 0.29% 3,016 $520K New
MO Altria Group Inc. 0.29% 8,996 $519K Add +7.5%
JCI Johnson Controls Internation 0.29% 4,302 $515K New
GLW Corning Inc. 0.29% 5,870 $514K New
GD General Dynamics Corp. 0.28% 1,498 $504K Add +2.6%
FDX FedEx Corp. 0.28% 1,744 $504K Reduce -9.6%
UPS United Parcel Service Class B 0.28% 5,035 $499K New
MCHP Microchip Technology Inc. 0.28% 7,767 $495K Add +23.3%
PCAR Paccar Inc. 0.27% 4,484 $491K New
NOC Northrop Grumman Corp. 0.27% 858 $489K Reduce -4.1%
F Ford Motor Co. filed as FORD MTR CO 0.27% 37,130 $487K Reduce -0.8%
CI The Cigna Group 0.27% 1,762 $485K New
TFC Truist Financial Corp. 0.27% 9,818 $483K Reduce -0.6%
SO The Southern Co. 0.27% 5,454 $476K Add +126.6%
TD Toronto-Dominion Bank 0.26% 5,033 $475K New
CTSH Cognizant Tech Solutions-A 0.26% 5,716 $474K New
LHX L3HARRIS Technologies Inc. 0.26% 1,597 $469K New
AIG American International Group 0.26% 5,480 $469K New
MNST Monster Beverage Corp. 0.26% 6,085 $467K Reduce -10.4%
ORLY O'reilly Automotive Inc. 0.26% 5,083 $464K Add +2.4%
MET Metlife Inc. 0.26% 5,823 $460K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.26% 2,280 $459K New
PRU Prudential Financial Inc. 0.25% 4,004 $452K Add +4.3%
CL Colgate-Palmolive Co. 0.25% 5,715 $452K New
CFG Citizens Financial Group 0.25% 7,630 $446K Reduce -0.8%
HUM Humana Inc. 0.25% 1,728 $443K New
EOG EOG Resources Inc. 0.25% 4,210 $442K New
SRE Sempra 0.24% 4,925 $435K New
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.24% 4,140 $434K Reduce -0.7%
DAL Delta Air Lines Inc. 0.24% 6,240 $433K Reduce -1.1%
TPR Tapestry Inc. 0.24% 3,380 $432K New
KEY Keycorp 0.24% 20,920 $432K Reduce -0.8%
SW Smurfit Westrock PLC 0.24% 11,048 $427K New
CTRA Coterra Energy Inc. 0.23% 15,930 $419K New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.23% 4,062 $416K Add +9.5%
PLTR Palantir Technologies Inc. Class A 0.23% 2,321 $413K Reduce -62.3%
ALNY Alnylam Pharmaceuticals Inc. 0.23% 1,033 $411K Reduce -1.0%
PFG Principal Financial Group 0.23% 4,643 $410K Reduce -4.7%
OKTA Okta Inc. 0.23% 4,728 $409K New
UAL United Airlines Holdings Inc. 0.23% 3,610 $404K New
DKNG Draftkings Inc. Class A 0.22% 11,673 $402K Add +40.1%
ETR Entergy Corp. 0.22% 4,335 $401K New
EIX Edison International 0.22% 6,668 $400K New
HPE Hewlett Packard Enterprise 0.22% 16,650 $400K New
IP International Paper Co. 0.22% 10,145 $400K Add +23.4%
STZ Constellation Brands Inc. Class A 0.22% 2,895 $399K Add +1.3%
ABT Abbott Laboratories 0.22% 3,151 $395K Reduce -2.0%
BAX Baxter International Inc. 0.22% 20,423 $390K New
WDAY Workday Inc. Class A 0.22% 1,817 $390K No change
RF Regions Financial Corp. 0.22% 14,320 $388K No change
VRT Vertiv Holdings Co. Class A 0.22% 2,390 $387K Reduce -28.8%
INCY Incyte Corp. 0.21% 3,878 $383K Reduce -7.4%
HBAN Huntington Bancshares Inc. 0.21% 22,013 $382K No change
LMT Lockheed Martin Corp. 0.21% 786 $380K Reduce -27.3%
DTE DTE Energy Company 0.21% 2,895 $373K New
GEN Gen Digital Inc. 0.21% 13,730 $373K New
ADM Archer-Daniels-Midland Co. 0.21% 6,430 $370K New
RPRX Royalty Pharma PLC Class A 0.20% 9,475 $366K New
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.20% 4,853 $358K Reduce -35.3%
AFG American Financial Group Inc. 0.20% 2,622 $358K New
BG Bunge Global SA 0.20% 3,960 $353K New
BBY Best Buy Co. Inc. 0.20% 5,248 $351K Add +1.5%
BMO Bank of Montreal filed as BANK MONTREAL QUE 0.19% 2,688 $350K New
VEEV Veeva Systems Inc. Class A 0.19% 1,551 $346K Add +2.0%
EG Everest Group Ltd. 0.19% 1,020 $346K Reduce -1.0%
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.19% 3,747 $340K Reduce -34.5%
LEN Lennar Corp. Class A 0.18% 3,227 $332K New
B Barrick Mining Corp. 0.17% 7,189 $314K New
CNH CNH Industrial NV 0.17% 33,580 $310K New
CNQ Canadian Natural Resources 0.17% 9,047 $307K Reduce -33.2%
ORCL Oracle Corp. 0.17% 1,559 $304K Reduce -63.1%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.17% 4,524 $303K Reduce -1.9%
MFC Manulife Financial Corp. 0.16% 8,078 $294K New
MELI MercadoLibre Inc. 0.16% 145 $292K New
GILD Gilead Sciences Inc. 0.16% 2,290 $281K New
SU Suncor Energy Inc. 0.16% 6,306 $280K New
PAAS Pan American Silver Corp. 0.15% 5,335 $277K New
SLF Sun Life Financial Inc. 0.13% 3,729 $233K Reduce -42.8%
AMAT Applied Materials Inc. 0.13% 887 $228K New
TFII Tfi International Inc. 0.13% 2,178 $225K Reduce -44.7%
CAE Cae Inc. 0.13% 7,390 $225K New
GIB Cgi Inc. 0.12% 2,411 $223K New
MGA Magna International Inc. 0.12% 4,079 $218K Reduce -49.8%
GRAB Grab Holdings Ltd. Class A 0.06% 20,640 $103K Reduce -21.0%

Portfolio Sells Q3 2025 → Q4 2025
MSFT Microsoft Corp. Reduce -3.6% 5.79% −0.61
HD Home Depot Inc. Reduce -6.5% 1.99% −0.50
ORCL Oracle Corp. Reduce -63.1% 0.17% −0.49
PM Philip Morris International Sold out 0.00% −0.44
BA The Boeing Co. Reduce -30.6% 1.03% −0.44
UNH Unitedhealth Group Inc. Reduce -16.4% 1.68% −0.41
NFLX Netflix Inc. Reduce -45.7% 0.30% −0.41
PLTR Palantir Technologies Inc. Class A Reduce -62.3% 0.23% −0.39
NOW ServiceNow Inc. Sold out 0.00% −0.38
MCD McDonald's Corp. Reduce -19.6% 1.45% −0.33
PG The Procter & Gamble Co. Reduce -19.4% 1.02% −0.33
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.33
CB Chubb Ltd. Sold out 0.00% −0.30
ADP Automatic Data Processing Sold out 0.00% −0.30
HON Honeywell International Inc. Reduce -18.8% 0.92% −0.30
SNOW Snowflake Inc. Sold out 0.00% −0.28
MRK Merck & Co. Inc. Reduce -46.8% 0.57% −0.28
MRVL Marvell Technology Inc. Sold out 0.00% −0.27
VLO Valero Energy Corp. Sold out 0.00% −0.26
D Dominion Energy Inc. Sold out 0.00% −0.25
APO Apollo Global Management Inc. Sold out 0.00% −0.25
NET Cloudflare Inc. Class A Sold out 0.00% −0.25
EME Emcor Group Inc. Sold out 0.00% −0.25
AEP American Electric Power Sold out 0.00% −0.24
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.24
PSX Phillips 66 Sold out 0.00% −0.24
FCX Freeport-McMoran Inc. Sold out 0.00% −0.24
ZS Zscaler Inc. Sold out 0.00% −0.24
LNG Cheniere Energy Inc. Sold out 0.00% −0.24
LIN Linde PLC Sold out 0.00% −0.24
FSLR First Solar Inc. Sold out 0.00% −0.24
SHW The Sherwin-Williams Co. Reduce -7.7% 1.53% −0.23
RDDT Reddit Inc. Class A Sold out 0.00% −0.23
CVNA Carvana Co. Sold out 0.00% −0.23
ACM Aecom Sold out 0.00% −0.23
TEAM Atlassian Corp. Class A Sold out 0.00% −0.22
LDOS Leidos Holdings Inc. Sold out 0.00% −0.22
EXC Exelon Corp. Sold out 0.00% −0.22
WTRG Essential Utilities Inc. Sold out 0.00% −0.22
EXPD Expeditors Intl Wash Inc. Sold out 0.00% −0.21
DXCM Dexcom Inc. Sold out 0.00% −0.21
AMCR Amcor PLC Sold out 0.00% −0.21
CVE Cenovus Energy Inc. Sold out 0.00% −0.21
RVTY Revvity Inc. Sold out 0.00% −0.21
CLX Clorox Company Sold out 0.00% −0.21
FLUT Flutter Entertainment PLC-Di Sold out 0.00% −0.20
OTEX Open Text Corp. Sold out 0.00% −0.20
IOT Samsara Inc. Class A Sold out 0.00% −0.20
COST Costco Wholesale Corp. Reduce -29.1% 0.40% −0.20
IBM Intl Business Machines Corp. Reduce -16.4% 1.51% −0.20

Portfolio Buys Q3 2025 → Q4 2025
GOOGL Alphabet Inc. Class A Add +4.3% 3.63% +0.94
MU Micron Technology Inc. New 0.57% +0.57
WMT Walmart Inc. Add +39.2% 1.22% +0.41
QCOM Qualcomm Inc. New 0.40% +0.40
APH Amphenol Corp. Class A New 0.38% +0.38
INTC Intel Corp. New 0.34% +0.34
COP Conocophillips New 0.33% +0.33
BMY Bristol-Myers Squibb Co. New 0.32% +0.32
AMGN Amgen Inc. Add +2.7% 1.91% +0.31
PNC PNC Financial Services Group New 0.31% +0.31
CEG Constellation Energy New 0.30% +0.30
CVS CVS Health Corp. New 0.29% +0.29
WDC Western Digital Corp. New 0.29% +0.29
JCI Johnson Controls Internation New 0.29% +0.29
GLW Corning Inc. New 0.29% +0.29
ACN Accenture PLC Class A Add +219.7% 0.39% +0.28
UPS United Parcel Service Class B New 0.28% +0.28
PCAR Paccar Inc. New 0.27% +0.27
CI The Cigna Group New 0.27% +0.27
TD Toronto-Dominion Bank New 0.26% +0.26
CTSH Cognizant Tech Solutions-A New 0.26% +0.26
AIG American International Group New 0.26% +0.26
LHX L3HARRIS Technologies Inc. New 0.26% +0.26
CRM Salesforce Inc. Add +5.1% 1.71% +0.26
GEV GE Vernova Inc. Add +196.6% 0.38% +0.26
MET Metlife Inc. New 0.26% +0.26
MTB M & T Bank Corp. New 0.26% +0.26
CL Colgate-Palmolive Co. New 0.25% +0.25
CSCO Cisco Systems Inc. Add +23.5% 0.87% +0.25
HUM Humana Inc. New 0.25% +0.25
EOG EOG Resources Inc. New 0.25% +0.25
SRE Sempra New 0.24% +0.24
TPR Tapestry Inc. New 0.24% +0.24
SW Smurfit Westrock PLC New 0.24% +0.24
CTRA Coterra Energy Inc. New 0.23% +0.23
OKTA Okta Inc. New 0.23% +0.23
UAL United Airlines Holdings Inc. New 0.23% +0.23
ETR Entergy Corp. New 0.22% +0.22
EIX Edison International New 0.22% +0.22
HPE Hewlett Packard Enterprise New 0.22% +0.22
BAX Baxter International Inc. New 0.22% +0.22
RTX RTX Corp. Add +75.1% 0.45% +0.21
DTE DTE Energy Company New 0.21% +0.21
GEN Gen Digital Inc. New 0.21% +0.21
ADM Archer-Daniels-Midland Co. New 0.21% +0.21
RPRX Royalty Pharma PLC Class A New 0.20% +0.20
AFG American Financial Group Inc. New 0.20% +0.20
BG Bunge Global SA New 0.20% +0.20
BMO Bank of Montreal New 0.19% +0.19
BSX Boston Scientific Corp. Add +136.1% 0.33% +0.19

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