Asset Management One Co., Ltd.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Asset Management One Co., Ltd. reported 966 stock positions worth $28.9 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.2% of the portfolio, followed by Apple (AAPL, 5.0%) and Microsoft (MSFT, 4.2%). Compared with Q4 2024, it opened 46 new positions, sold out of 34, added to 674 and reduced 189. The biggest buy was Berkshire Hathaway Class B (BRK.B, shares +7%) and the biggest sale Vaneck JPM Em Local Curr BND (EMLC, shares −41%).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0001068855
- Portfolio Value
- $28.9B (Q1 2025)
- SEC Filing
- 0000950123-25-003633 ↗ filed Apr 23, 2025
Holdings Value
Holdings 966 stocks · $28.9B
| IVV iShares Core S&P 500 ETF | 6.24% | 3,211,650 | $1.8B | Add +0.2% |
| AAPL Apple Inc. | 5.01% | 6,518,930 | $1.4B | Add +5.4% |
| MSFT Microsoft Corp. | 4.21% | 3,240,236 | $1.2B | Add +6.1% |
| NVDA Nvidia Corp. | 3.98% | 10,616,983 | $1.2B | Add +5.9% |
| AMZN Amazon.com Inc. | 2.80% | 4,261,625 | $810.8M | Add +6.0% |
| META Meta Platforms Inc. Class A | 2.01% | 1,009,548 | $581.9M | Add +6.0% |
| VGK Vanguard Ftse Europe ETF | 1.47% | 6,038,758 | $424.0M | Add +1.5% |
| GOOGL Alphabet Inc. Class A | 1.41% | 2,627,589 | $406.3M | Add +6.9% |
| IEMG iShares Core MSCI Emerging | 1.23% | 6,611,376 | $356.8M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 1.19% | 2,209,908 | $345.3M | Add +5.5% |
| AVGO Broadcom Inc. | 1.19% | 2,056,471 | $344.3M | Add +4.8% |
| JPM JPMorgan Chase & Co. | 1.17% | 1,378,713 | $338.2M | Add +5.2% |
| TSLA Tesla Inc. | 1.16% | 1,289,280 | $334.1M | Add +6.6% |
| V Visa Inc. Class A | 1.05% | 863,307 | $302.6M | Add +8.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 566,320 | $301.6M | Add +7.3% |
| LLY Eli Lilly & Co. | 1.04% | 364,151 | $300.8M | Add +7.0% |
| UNH Unitedhealth Group Inc. | 0.94% | 516,970 | $270.8M | Add +6.7% |
| GLDM SPDR Gold Minishares Trust | 0.86% | 4,004,390 | $247.8M | Add +7.0% |
| MA Mastercard Inc. Class A | 0.78% | 410,047 | $224.8M | Add +3.9% |
| XOM Exxon Mobil Corp. | 0.75% | 1,816,900 | $216.1M | Add +5.5% |
| COST Costco Wholesale Corp. | 0.73% | 222,438 | $210.4M | Add +5.7% |
| PLD Prologis Inc. | 0.71% | 1,848,722 | $206.7M | Add +1.8% |
| NFLX Netflix Inc. | 0.70% | 217,906 | $203.2M | Add +5.7% |
| JNJ Johnson & Johnson | 0.69% | 1,210,070 | $200.7M | Add +5.1% |
| PG The Procter & Gamble Co. | 0.69% | 1,175,044 | $200.3M | Add +4.5% |
| WMT Walmart Inc. | 0.66% | 2,186,172 | $191.9M | Add +5.9% |
| HD Home Depot Inc. | 0.66% | 517,905 | $189.8M | Add +6.1% |
| WELL Welltower Inc. | 0.63% | 1,191,416 | $182.5M | Add +4.2% |
| ABBV Abbvie Inc. | 0.62% | 861,210 | $180.4M | Add +6.7% |
| EQIX Equinix Inc. | 0.56% | 198,118 | $161.5M | Add +2.6% |
| PM Philip Morris International | 0.50% | 915,187 | $145.3M | Add +6.6% |
| KO The Coca-Cola Co. | 0.49% | 1,982,254 | $142.0M | Add +5.8% |
| CRM Salesforce Inc. | 0.48% | 519,347 | $139.4M | Add +5.5% |
| CVX Chevron Corp. | 0.47% | 820,518 | $137.3M | Add +5.2% |
| GS Goldman Sachs Group Inc. | 0.45% | 239,191 | $130.7M | Add +6.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 525,326 | $130.6M | Add +4.5% |
| MCD McDonald's Corp. | 0.45% | 414,421 | $129.5M | Add +5.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 3,035,714 | $126.7M | Add +5.2% |
| CSCO Cisco Systems Inc. | 0.43% | 1,994,687 | $123.1M | Add +6.5% |
| USIG iShares Broad Usd Investment | 0.40% | 2,273,476 | $116.1M | Add +4.1% |
| MRK Merck & Co. Inc. | 0.40% | 1,292,621 | $116.0M | Add +1.8% |
| ABT Abbott Laboratories | 0.38% | 818,644 | $108.6M | Add +4.7% |
| CAT Caterpillar Inc. | 0.36% | 318,875 | $105.2M | Add +2.7% |
| O Realty Income Corp. | 0.36% | 1,798,950 | $104.4M | Add +0.9% |
| AMGN Amgen Inc. | 0.36% | 334,255 | $104.1M | Add +5.5% |
| T AT&T Inc. | 0.35% | 3,571,985 | $101.0M | Add +3.9% |
| WFC Wells Fargo & Co. | 0.35% | 1,397,591 | $100.3M | Add +4.5% |
| SPG Simon Property Group Inc. | 0.35% | 601,571 | $99.9M | Add +2.3% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 199,057 | $99.1M | Add +9.5% |
| ORCL Oracle Corp. | 0.34% | 704,343 | $98.5M | Add +8.1% |
| LIN Linde PLC | 0.34% | 208,854 | $97.3M | Add +6.8% |
| ISRG Intuitive Surgical Inc. | 0.33% | 191,998 | $95.1M | Add +5.2% |
| PEP Pepsico Inc. | 0.33% | 630,906 | $94.6M | Add +3.6% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 468,175 | $93.7M | Add +5.6% |
| MBB iShares MBS ETF | 0.32% | 998,373 | $93.6M | Add +4.3% |
| PSA Public Storage | 0.32% | 310,601 | $93.0M | Add +1.2% |
| VZ Verizon Communications Inc. | 0.32% | 2,048,962 | $92.9M | Add +4.7% |
| DLR Digital Realty Trust Inc. | 0.32% | 643,424 | $92.2M | Add +3.5% |
| AXP American Express Co. | 0.31% | 337,966 | $90.9M | Add +6.6% |
| ADBE Adobe Inc. | 0.29% | 219,510 | $84.2M | Add +3.3% |
| ACN Accenture PLC Class A | 0.29% | 268,967 | $83.9M | Add +6.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 843,768 | $83.3M | Add +6.3% |
| SPGI S&P Global Inc. | 0.29% | 163,498 | $83.1M | Add +6.5% |
| NOW ServiceNow Inc. | 0.29% | 104,192 | $83.0M | Add +4.4% |
| BKNG Booking Holdings Inc. | 0.28% | 17,815 | $82.1M | Add +3.7% |
| EMLC Vaneck JPM Em Local Curr BND | 0.28% | 3,412,695 | $81.4M | Reduce -41.3% |
| GILD Gilead Sciences Inc. | 0.27% | 704,627 | $79.0M | Add +7.0% |
| EWC iShares MSCI Canada ETF | 0.27% | 1,894,547 | $77.2M | Add +0.3% |
| RTX RTX Corp. | 0.27% | 581,265 | $77.0M | Add +7.5% |
| HON Honeywell International Inc. | 0.26% | 361,353 | $76.5M | Add +6.5% |
| SHW The Sherwin-Williams Co. | 0.26% | 214,352 | $74.8M | Add +5.2% |
| PLTR Palantir Technologies Inc. Class A | 0.26% | 885,574 | $74.7M | Add +9.2% |
| PGR Progressive Corp. | 0.26% | 263,279 | $74.5M | Add +7.0% |
| BSX Boston Scientific Corp. | 0.26% | 735,200 | $74.2M | Add +5.6% |
| INTU Intuit Inc. | 0.26% | 120,357 | $73.9M | Add +7.0% |
| NEE Nextera Energy Inc. | 0.25% | 1,028,582 | $72.9M | Add +4.3% |
| QCOM Qualcomm Inc. | 0.25% | 470,945 | $72.3M | Add +5.9% |
| PANW Palo Alto Networks Inc. | 0.25% | 417,071 | $71.2M | Add +7.8% |
| AMD Advanced Micro Devices | 0.25% | 691,693 | $71.1M | Add +3.1% |
| TXN Texas Instruments Inc. | 0.25% | 394,885 | $71.0M | Add +5.0% |
| BA The Boeing Co. | 0.24% | 414,657 | $70.7M | Add +10.6% |
| MS Morgan Stanley | 0.24% | 593,201 | $69.2M | Add +3.7% |
| TMUS T-Mobile US Inc. | 0.24% | 258,735 | $69.0M | Add +3.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 141,873 | $68.8M | Add +4.9% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.24% | 2,096,889 | $68.4M | Add +1.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 545,591 | $66.5M | Add +3.2% |
| EPP iShares MSCI Pacific Ex Japa | 0.23% | 1,482,842 | $65.4M | Reduce -0.7% |
| PFE Pfizer Inc. | 0.22% | 2,556,028 | $64.8M | Add +6.8% |
| C Citigroup Inc. | 0.22% | 897,192 | $63.7M | Add +11.4% |
| MELI MercadoLibre Inc. | 0.22% | 32,490 | $63.4M | Add +0.3% |
| BLK BlackRock Inc. | 0.22% | 66,603 | $63.0M | Add +5.7% |
| AVB Avalonbay Communities Inc. | 0.21% | 287,040 | $61.6M | Add +2.2% |
| DHR Danaher Corp. | 0.21% | 296,304 | $60.7M | Add +6.3% |
| UBER Uber Technologies Inc. | 0.21% | 826,847 | $60.2M | Add +6.3% |
| VTR Ventas Inc. | 0.21% | 875,627 | $60.2M | Add +10.1% |
| EXR Extra Space Storage Inc. | 0.21% | 405,065 | $60.1M | Add +1.5% |
| UNP Union Pacific Corp. | 0.21% | 252,811 | $59.7M | Add +5.3% |
| CMCSA Comcast Corp. Class A | 0.20% | 1,599,029 | $59.0M | Add +5.3% |
| COP Conocophillips | 0.20% | 555,648 | $58.4M | Add +7.0% |
| CB Chubb Ltd. | 0.20% | 192,062 | $58.0M | Add +0.1% |
Portfolio Sells Q4 2024 → Q1 2025
| EMLC Vaneck JPM Em Local Curr BND | Reduce -41.3% | 0.28% | −0.18 |
| IVW iShares S&P 500 Growth ETF | Sold out | 0.00% | −0.08 |
| MANH Manhattan Associates Inc. | Reduce -32.0% | 0.04% | −0.05 |
| ETN Eaton Corp. PLC | Reduce -2.4% | 0.17% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -99.2% | 0.00% | −0.04 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -99.8% | 0.00% | −0.04 |
| IRM Iron Mountain Inc. | Reduce -1.3% | 0.17% | −0.04 |
| HUBS HubSpot Inc. | Reduce -2.3% | 0.11% | −0.03 |
| IT Gartner Inc. | Reduce -7.0% | 0.09% | −0.02 |
| ARMK Aramark | Reduce -74.9% | 0.01% | −0.02 |
| ENPH Enphase Energy Inc. | Reduce -94.1% | 0.00% | −0.02 |
| TTEK Tetra Tech Inc. | Reduce -12.3% | 0.03% | −0.01 |
| NTAP Netapp Inc. | Reduce -6.1% | 0.04% | −0.01 |
| HUBB Hubbell Inc. | Reduce -14.5% | 0.03% | −0.01 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -6.2% | 0.02% | −0.01 |
| NDSN Nordson Corp. | Reduce -40.9% | 0.02% | −0.01 |
| LW Lamb Weston Holdings Inc. | Reduce -92.6% | 0.00% | −0.01 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.01 |
| TFX Teleflex Inc. | Sold out | 0.00% | −0.01 |
| CRL Charles River Laboratories | Reduce -92.1% | 0.00% | −0.01 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.01 |
| MKTX Marketaxess Holdings Inc. | Reduce -89.4% | 0.00% | −0.01 |
| HSIC Henry Schein Inc. | Reduce -85.3% | 0.00% | −0.01 |
| CE Celanese Corp. | Reduce -97.4% | 0.00% | −0.01 |
| MTCH Match Group Inc. | Reduce -92.6% | 0.00% | −0.01 |
| CFLT Confluent Inc. Class A | Sold out | 0.00% | −0.01 |
| AES AES Corp. | Reduce -65.4% | 0.01% | −0.01 |
| KNX Knight-Swift Transportation | Sold out | 0.00% | −0.01 |
| TTC Toro Co. | Sold out | 0.00% | −0.01 |
| APA Apa Corp. | Reduce -92.2% | 0.00% | −0.01 |
| CMCO Columbus McKinnon Corp. | Sold out | 0.00% | −0.01 |
| FCN Fti Consulting Inc. | Reduce -84.8% | 0.00% | −0.01 |
| MDB Mongodb Inc. | Reduce -5.3% | 0.02% | −0.01 |
| MORN Morningstar Inc. | Reduce -16.1% | 0.03% | −0.01 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.01 |
| HII Huntington Ingalls Industrie | Reduce -92.4% | 0.00% | −0.01 |
| HPQ HP Inc. | Reduce -0.8% | 0.04% | −0.01 |
| MOS The Mosaic Co. | Reduce -89.2% | 0.00% | −0.01 |
| NBIX Neurocrine Biosciences Inc. | Reduce -4.6% | 0.03% | −0.01 |
| QRVO Qorvo Inc. | Sold out | 0.00% | −0.01 |
| AVY Avery Dennison Corp. | Reduce -10.2% | 0.04% | −0.01 |
| SNDK Sandisk Corp. | Reduce -96.0% | 0.00% | −0.01 |
| DINO HF Sinclair Corp. | Sold out | 0.00% | −0.01 |
| CDW CDW Corp. | Reduce -8.3% | 0.03% | −0.01 |
| CPB The Campbell's Company | Reduce -11.4% | 0.03% | −0.01 |
| MLM Martin Marietta Materials | Reduce -0.8% | 0.05% | −0.01 |
| LRN Stride Inc. | Reduce -40.8% | 0.01% | −0.01 |
| BLBD Blue Bird Corp. | Reduce -12.5% | 0.01% | −0.01 |
| CSL Carlisle Cos Inc. | Reduce -13.0% | 0.02% | −0.01 |
| DOW Dow Inc. | Reduce -1.0% | 0.03% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.B Berkshire Hathaway Inc. Class B | Add +7.3% | 1.04% | +0.22 |
| GLDM SPDR Gold Minishares Trust | Add +7.0% | 0.86% | +0.19 |
| V Visa Inc. Class A | Add +8.8% | 1.05% | +0.18 |
| VGK Vanguard Ftse Europe ETF | Add +1.5% | 1.47% | +0.17 |
| PM Philip Morris International | Add +6.6% | 0.50% | +0.14 |
| WELL Welltower Inc. | Add +4.2% | 0.63% | +0.14 |
| ABBV Abbvie Inc. | Add +6.7% | 0.62% | +0.13 |
| LLY Eli Lilly & Co. | Add +7.0% | 1.04% | +0.12 |
| JNJ Johnson & Johnson | Add +5.1% | 0.69% | +0.12 |
| XOM Exxon Mobil Corp. | Add +5.5% | 0.75% | +0.12 |
| KO The Coca-Cola Co. | Add +5.8% | 0.49% | +0.09 |
| CVX Chevron Corp. | Add +5.2% | 0.47% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +6.7% | 0.94% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +5.2% | 1.17% | +0.08 |
| T AT&T Inc. | Add +3.9% | 0.35% | +0.08 |
| AMGN Amgen Inc. | Add +5.5% | 0.36% | +0.07 |
| IBM Intl Business Machines Corp. | Add +4.5% | 0.45% | +0.07 |
| ABT Abbott Laboratories | Add +4.7% | 0.38% | +0.07 |
| GE General Electric | Add +5.6% | 0.32% | +0.07 |
| GILD Gilead Sciences Inc. | Add +7.0% | 0.27% | +0.06 |
| NFLX Netflix Inc. | Add +5.7% | 0.70% | +0.06 |
| PLD Prologis Inc. | Add +1.8% | 0.71% | +0.06 |
| MA Mastercard Inc. Class A | Add +3.9% | 0.78% | +0.06 |
| XLK SS Technology Select Sector | New | 0.06% | +0.06 |
| PGR Progressive Corp. | Add +7.0% | 0.26% | +0.05 |
| VZ Verizon Communications Inc. | Add +4.7% | 0.32% | +0.05 |
| IEMG iShares Core MSCI Emerging | Add +0.4% | 1.23% | +0.05 |
| LIN Linde PLC | Add +6.8% | 0.34% | +0.05 |
| MCD McDonald's Corp. | Add +5.5% | 0.45% | +0.05 |
| RTX RTX Corp. | Add +7.5% | 0.27% | +0.05 |
| META Meta Platforms Inc. Class A | Add +6.0% | 2.01% | +0.05 |
| COST Costco Wholesale Corp. | Add +5.7% | 0.73% | +0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Add +4.9% | 0.24% | +0.05 |
| CVS CVS Health Corp. | Add +7.5% | 0.12% | +0.05 |
| VTR Ventas Inc. | Add +10.1% | 0.21% | +0.05 |
| TMUS T-Mobile US Inc. | Add +3.5% | 0.24% | +0.05 |
| UBER Uber Technologies Inc. | Add +6.3% | 0.21% | +0.04 |
| CSCO Cisco Systems Inc. | Add +6.5% | 0.43% | +0.04 |
| BSX Boston Scientific Corp. | Add +5.6% | 0.26% | +0.04 |
| O Realty Income Corp. | Add +0.9% | 0.36% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +9.2% | 0.26% | +0.04 |
| PG The Procter & Gamble Co. | Add +4.5% | 0.69% | +0.04 |
| MRSH Marsh & McLennan Cos | Add +6.0% | 0.19% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +14.3% | 0.20% | +0.03 |
| AMT American Tower Corp. | Add +7.0% | 0.15% | +0.03 |
| AJG Arthur J Gallagher & Co. | Add +10.4% | 0.13% | +0.03 |
| VICI Vici Properties Inc. | Add +1.8% | 0.24% | +0.03 |
| ELV Elevance Health Inc. | Add +6.2% | 0.15% | +0.03 |
| WM Waste Management Inc. | Add +7.1% | 0.16% | +0.03 |
| CME Cme Group Inc. | Add +2.5% | 0.20% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 957 | $39.0B | IVV, NVDA, AAPL, MSFT, AMZN |
| Q1 2026 | 911 | $33.9B | IVV, NVDA, AAPL, MSFT, AMZN |
| Q4 2025 | 939 | $36.0B | IVV, NVDA, AAPL, MSFT, AMZN |
| Q3 2025 | 946 | $34.5B | IVV, NVDA, MSFT, AAPL, AMZN |
| Q2 2025 | 944 | $31.9B | IVV, NVDA, MSFT, AAPL, AMZN |
| Q1 2025 | 966 | $28.9B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q4 2024 | 952 | $29.1B | IVV, AAPL, NVDA, MSFT, AMZN |
| Q3 2024 | 965 | $28.1B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q2 2024 | 962 | $26.1B | IVV, MSFT, NVDA, AAPL, AMZN |
| Q1 2024 | 973 | $25.9B | IVV, MSFT, AAPL, NVDA, AMZN |