Asset Management One Co., Ltd.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Asset Management One Co., Ltd. reported 939 stock positions worth $36.0 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 6.2% of the portfolio, followed by Nvidia (NVDA, 5.8%) and Apple (AAPL, 5.1%). Compared with Q3 2025, it opened 45 new positions, sold out of 54, added to 364 and reduced 486. The biggest buy was Alphabet Class A (GOOGL, shares +2%) and the biggest sale Oracle (ORCL, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0001068855
- Portfolio Value
- $36.0B (Q4 2025)
- SEC Filing
- 0001193125-26-023286 ↗ filed Jan 27, 2026
Holdings Value
Holdings 939 stocks · $36.0B
| IVV iShares Core S&P 500 ETF | 6.21% | 3,235,273 | $2.2B | Reduce -0.1% |
| NVDA Nvidia Corp. | 5.81% | 11,103,101 | $2.1B | Add +1.5% |
| AAPL Apple Inc. | 5.06% | 6,647,103 | $1.8B | Add +0.8% |
| MSFT Microsoft Corp. | 4.61% | 3,405,573 | $1.7B | Add +2.1% |
| AMZN Amazon.com Inc. | 2.94% | 4,554,985 | $1.1B | Add +3.5% |
| GOOGL Alphabet Inc. Class A | 2.43% | 2,784,193 | $872.9M | Add +2.1% |
| AVGO Broadcom Inc. | 2.13% | 2,191,337 | $765.3M | Add +4.4% |
| GOOG Alphabet Inc. Class C | 2.01% | 2,302,328 | $723.8M | Add +2.4% |
| META Meta Platforms Inc. Class A | 1.94% | 1,059,217 | $697.7M | Add +1.4% |
| TSLA Tesla Inc. | 1.69% | 1,321,071 | $606.8M | Reduce -0.7% |
| VGK Vanguard Ftse Europe ETF | 1.46% | 6,294,468 | $526.7M | Add +0.7% |
| IEMG iShares Core MSCI Emerging | 1.32% | 7,041,715 | $473.3M | Add +1.8% |
| JPM JPMorgan Chase & Co. | 1.27% | 1,414,815 | $457.9M | Add +3.4% |
| LLY Eli Lilly & Co. | 1.11% | 368,548 | $397.5M | Add +1.6% |
| V Visa Inc. Class A | 0.92% | 933,067 | $330.8M | Add +4.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.83% | 595,890 | $298.6M | Add +1.6% |
| JNJ Johnson & Johnson | 0.72% | 1,251,398 | $259.7M | Reduce -0.4% |
| WELL Welltower Inc. | 0.68% | 1,295,970 | $245.7M | Add +2.3% |
| MA Mastercard Inc. Class A | 0.67% | 417,382 | $241.2M | Add +3.1% |
| WMT Walmart Inc. | 0.67% | 2,143,770 | $241.2M | Add +1.1% |
| PLD Prologis Inc. | 0.65% | 1,818,604 | $233.6M | Add +1.7% |
| XOM Exxon Mobil Corp. | 0.64% | 1,918,787 | $231.2M | Add +3.0% |
| GS Goldman Sachs Group Inc. | 0.63% | 254,317 | $226.6M | Add +6.0% |
| GLDM SPDR Gold Minishares Trust | 0.63% | 2,622,417 | $225.0M | Reduce -23.3% |
| ABBV Abbvie Inc. | 0.58% | 909,250 | $209.7M | Add +4.5% |
| COST Costco Wholesale Corp. | 0.55% | 227,688 | $197.6M | Add +1.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 3,531,338 | $195.3M | Add +7.6% |
| NFLX Netflix Inc. | 0.53% | 2,030,906 | $191.2M | Reduce -6.3% |
| HD Home Depot Inc. | 0.51% | 532,133 | $184.9M | Reduce -0.5% |
| PLTR Palantir Technologies Inc. Class A | 0.50% | 967,561 | $178.1M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.49% | 2,250,333 | $174.9M | Add +7.8% |
| CAT Caterpillar Inc. | 0.47% | 289,298 | $167.4M | Reduce -0.5% |
| PG The Procter & Gamble Co. | 0.46% | 1,155,652 | $167.1M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.46% | 545,224 | $166.6M | Add +4.6% |
| UNH Unitedhealth Group Inc. | 0.45% | 495,121 | $162.9M | Reduce -0.1% |
| AMD Advanced Micro Devices | 0.44% | 736,272 | $158.7M | Add +3.4% |
| KO The Coca-Cola Co. | 0.43% | 2,191,166 | $153.7M | Add +3.3% |
| GE General Electric filed as GE AEROSPACE | 0.42% | 485,101 | $151.1M | Add +2.6% |
| MU Micron Technology Inc. | 0.42% | 512,994 | $150.9M | Add +4.7% |
| ORCL Oracle Corp. | 0.42% | 765,182 | $149.5M | Reduce -5.5% |
| CRM Salesforce Inc. | 0.41% | 555,686 | $147.9M | Add +4.7% |
| PM Philip Morris International | 0.41% | 914,058 | $147.9M | Add +5.5% |
| AXP American Express Co. | 0.41% | 390,539 | $146.3M | Add +12.2% |
| EQIX Equinix Inc. | 0.40% | 190,287 | $145.6M | Reduce -0.8% |
| MRK Merck & Co. Inc. | 0.40% | 1,349,973 | $143.9M | Add +0.7% |
| CVX Chevron Corp. | 0.39% | 930,013 | $140.4M | Reduce -1.1% |
| MCD McDonald's Corp. | 0.36% | 423,918 | $130.8M | Reduce -0.5% |
| WFC Wells Fargo & Co. | 0.35% | 1,349,688 | $127.5M | Reduce -0.2% |
| C Citigroup Inc. | 0.34% | 1,049,890 | $123.8M | Add +16.1% |
| USIG iShares Broad Usd Investment | 0.34% | 2,370,070 | $122.7M | Reduce -2.5% |
| TMO Thermo Fisher Scientific Inc. | 0.33% | 204,639 | $119.7M | Add +0.6% |
| MS Morgan Stanley | 0.32% | 646,571 | $116.1M | Add +11.2% |
| LRCX Lam Research Corp. | 0.32% | 654,768 | $114.8M | Add +9.4% |
| SPG Simon Property Group Inc. | 0.32% | 609,861 | $114.4M | Reduce -1.7% |
| AMGN Amgen Inc. | 0.32% | 346,808 | $114.3M | Reduce -1.1% |
| ISRG Intuitive Surgical Inc. | 0.31% | 196,557 | $113.1M | Add +1.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 929,997 | $106.2M | Add +1.2% |
| ABT Abbott Laboratories | 0.29% | 849,004 | $105.8M | Reduce -1.1% |
| EWC iShares MSCI Canada ETF | 0.29% | 1,915,675 | $103.3M | Reduce -0.4% |
| RTX RTX Corp. | 0.28% | 555,238 | $102.4M | Reduce -2.4% |
| O Realty Income Corp. | 0.28% | 1,792,296 | $101.8M | Reduce -1.1% |
| DLR Digital Realty Trust Inc. | 0.28% | 646,421 | $100.6M | Add +1.2% |
| GILD Gilead Sciences Inc. | 0.27% | 789,072 | $98.4M | Add +8.5% |
| MBB iShares MBS ETF | 0.27% | 1,013,156 | $96.7M | Reduce -3.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 614,363 | $95.9M | Add +11.3% |
| INTU Intuit Inc. | 0.27% | 142,523 | $95.9M | Add +14.2% |
| KLAC KLA Corp. | 0.26% | 75,521 | $94.8M | Add +8.5% |
| BA The Boeing Co. | 0.26% | 427,738 | $92.9M | Reduce -0.1% |
| PEP Pepsico Inc. | 0.26% | 639,840 | $92.3M | Reduce -1.1% |
| BKNG Booking Holdings Inc. | 0.26% | 16,859 | $91.7M | Reduce -5.3% |
| SPGI S&P Global Inc. | 0.25% | 171,002 | $90.6M | Reduce -0.3% |
| AMAT Applied Materials Inc. | 0.25% | 342,363 | $90.0M | Reduce -0.8% |
| T AT&T Inc. | 0.25% | 3,589,589 | $88.9M | Reduce -1.9% |
| LIN Linde PLC | 0.25% | 207,950 | $88.7M | Reduce -0.4% |
| GEV GE Vernova Inc. | 0.25% | 133,860 | $88.6M | Add +6.3% |
| NOW ServiceNow Inc. | 0.24% | 562,574 | $86.9M | Add +4.7% |
| NEE Nextera Energy Inc. | 0.24% | 1,079,127 | $86.6M | Add +7.8% |
| SPHY SS SPDR P High Yield ETF | 0.24% | 3,614,320 | $85.6M | New |
| BSX Boston Scientific Corp. | 0.23% | 879,105 | $84.1M | Add +13.3% |
| VZ Verizon Communications Inc. | 0.23% | 2,075,257 | $84.0M | Reduce -1.3% |
| QCOM Qualcomm Inc. | 0.23% | 484,204 | $84.0M | Reduce -0.8% |
| ANET Arista Networks Inc. | 0.23% | 615,995 | $82.3M | Add +20.8% |
| UBER Uber Technologies Inc. | 0.22% | 967,033 | $78.8M | Reduce -2.2% |
| PSA Public Storage | 0.22% | 301,536 | $78.2M | Reduce -0.6% |
| EPP iShares MSCI Pacific Ex Japa | 0.21% | 1,494,648 | $75.4M | Reduce -1.6% |
| APH Amphenol Corp. Class A | 0.21% | 549,562 | $75.2M | Add +3.4% |
| ACN Accenture PLC Class A | 0.21% | 276,700 | $75.1M | Add +0.7% |
| SCHW Schwab (charles) Corp. | 0.21% | 737,186 | $74.7M | Reduce -3.5% |
| VTR Ventas Inc. | 0.20% | 924,800 | $73.7M | Add +0.7% |
| SHW The Sherwin-Williams Co. | 0.20% | 224,246 | $72.9M | Add +0.9% |
| INTC Intel Corp. | 0.20% | 1,984,926 | $72.8M | Add +3.9% |
| HON Honeywell International Inc. | 0.20% | 364,208 | $71.8M | Reduce -7.4% |
| DHR Danaher Corp. | 0.20% | 304,458 | $70.2M | Add +0.3% |
| TXN Texas Instruments Inc. | 0.19% | 398,856 | $70.1M | Add +0.2% |
| EMLC Vaneck JPM Em Local Curr BND | 0.19% | 2,705,995 | $69.7M | Reduce -0.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.19% | 150,106 | $69.0M | Add +2.2% |
| APP AppLovin Corp. Class A | 0.19% | 98,449 | $68.8M | Reduce -0.4% |
| PFE Pfizer Inc. | 0.19% | 2,740,053 | $68.5M | Add +0.3% |
| BLK BlackRock Inc. | 0.19% | 62,502 | $68.0M | Reduce -0.1% |
| COF Capital One Financial Corp. | 0.19% | 273,145 | $67.1M | Reduce -0.9% |
Portfolio Sells Q3 2025 → Q4 2025
| ORCL Oracle Corp. | Reduce -5.5% | 0.42% | −0.24 |
| NFLX Netflix Inc. | Reduce -6.3% | 0.53% | −0.22 |
| GLDM SPDR Gold Minishares Trust | Reduce -23.3% | 0.63% | −0.13 |
| HD Home Depot Inc. | Reduce -0.5% | 0.51% | −0.11 |
| SE Sea Ltd.-ADR | Reduce -32.6% | 0.08% | −0.08 |
| IVV iShares Core S&P 500 ETF | Reduce -0.1% | 6.21% | −0.06 |
| UBER Uber Technologies Inc. | Reduce -2.2% | 0.22% | −0.06 |
| K Kellanova | Sold out | 0.00% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -0.5% | 0.46% | −0.05 |
| T AT&T Inc. | Reduce -1.9% | 0.25% | −0.05 |
| SPOT Spotify Technology SA | Reduce -10.1% | 0.12% | −0.05 |
| FISV Fiserv Inc. | Reduce -1.8% | 0.04% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -0.1% | 0.45% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -5.0% | 0.14% | −0.04 |
| LIN Linde PLC | Reduce -0.4% | 0.25% | −0.04 |
| HON Honeywell International Inc. | Reduce -7.4% | 0.20% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.1% | 0.29% | −0.04 |
| PSA Public Storage | Reduce -0.6% | 0.22% | −0.04 |
| O Realty Income Corp. | Reduce -1.1% | 0.28% | −0.04 |
| VICI Vici Properties Inc. | Reduce -0.9% | 0.16% | −0.03 |
| VZ Verizon Communications Inc. | Reduce -1.3% | 0.23% | −0.03 |
| ETN Eaton Corp. PLC | Reduce -0.6% | 0.15% | −0.03 |
| CVX Chevron Corp. | Reduce -1.1% | 0.39% | −0.03 |
| MSI Motorola Solutions Inc. | Reduce -5.0% | 0.09% | −0.03 |
| ARE Alexandria Real Estate Equit | Reduce -1.8% | 0.04% | −0.03 |
| EQIX Equinix Inc. | Reduce -0.8% | 0.40% | −0.03 |
| LRN Stride Inc. | Sold out | 0.00% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -6.0% | 0.10% | −0.03 |
| TSLA Tesla Inc. | Reduce -0.7% | 1.69% | −0.03 |
| USIG iShares Broad Usd Investment | Reduce -2.5% | 0.34% | −0.03 |
| ORLY O'reilly Automotive Inc. | Reduce -2.9% | 0.10% | −0.03 |
| BKNG Booking Holdings Inc. | Reduce -5.3% | 0.26% | −0.02 |
| MMYT Makemytrip Ltd. | Reduce -60.0% | 0.01% | −0.02 |
| ACM Aecom | Reduce -10.0% | 0.04% | −0.02 |
| PGR Progressive Corp. | Reduce -1.1% | 0.16% | −0.02 |
| BLK BlackRock Inc. | Reduce -0.1% | 0.19% | −0.02 |
| TME Tencent Music Entertainm-ADR | Reduce -27.4% | 0.02% | −0.02 |
| EXR Extra Space Storage Inc. | Reduce -2.3% | 0.14% | −0.02 |
| EA Electronic Arts Inc. | Reduce -20.8% | 0.07% | −0.02 |
| NKE Nike Inc. Class B | Reduce -0.5% | 0.11% | −0.02 |
| MBB iShares MBS ETF | Reduce -3.4% | 0.27% | −0.02 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -6.3% | 0.07% | −0.02 |
| SPG Simon Property Group Inc. | Reduce -1.7% | 0.32% | −0.02 |
| ITW Illinois Tool Works | Reduce -11.8% | 0.08% | −0.02 |
| CYBR Cyberark Software Ltd./Israel | Reduce -28.4% | 0.03% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Reduce -0.4% | 0.50% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -2.6% | 0.12% | −0.02 |
| EPP iShares MSCI Pacific Ex Japa | Reduce -1.6% | 0.21% | −0.02 |
| SO The Southern Co. | Reduce -0.7% | 0.13% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| GOOGL Alphabet Inc. Class A | Add +2.1% | 2.43% | +0.51 |
| GOOG Alphabet Inc. Class C | Add +2.4% | 2.01% | +0.43 |
| LLY Eli Lilly & Co. | Add +1.6% | 1.11% | +0.30 |
| SPHY SS SPDR P High Yield ETF | New | 0.24% | +0.24 |
| AAPL Apple Inc. | Add +0.8% | 5.06% | +0.19 |
| MU Micron Technology Inc. | Add +4.7% | 0.42% | +0.18 |
| AMZN Amazon.com Inc. | Add +3.5% | 2.94% | +0.14 |
| AVGO Broadcom Inc. | Add +4.4% | 2.13% | +0.12 |
| IAUM iShares Gold Trust Micro | Add +292.4% | 0.14% | +0.11 |
| AMD Advanced Micro Devices | Add +3.4% | 0.44% | +0.11 |
| LRCX Lam Research Corp. | Add +9.4% | 0.32% | +0.09 |
| C Citigroup Inc. | Add +16.1% | 0.34% | +0.08 |
| GS Goldman Sachs Group Inc. | Add +6.0% | 0.63% | +0.08 |
| MRK Merck & Co. Inc. | Add +0.7% | 0.40% | +0.07 |
| CSCO Cisco Systems Inc. | Add +7.8% | 0.49% | +0.07 |
| AXP American Express Co. | Add +12.2% | 0.41% | +0.07 |
| ISRG Intuitive Surgical Inc. | Add +1.6% | 0.31% | +0.06 |
| FIX Comfort Systems USA Inc. | Add +163.6% | 0.09% | +0.06 |
| PLD Prologis Inc. | Add +1.7% | 0.65% | +0.06 |
| MS Morgan Stanley | Add +11.2% | 0.32% | +0.06 |
| BAC Bank of America Corp. | Add +7.6% | 0.54% | +0.05 |
| CRM Salesforce Inc. | Add +4.7% | 0.41% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +0.6% | 0.33% | +0.05 |
| KLAC KLA Corp. | Add +8.5% | 0.26% | +0.05 |
| WST West Pharmaceutical Services | Add +79.2% | 0.10% | +0.04 |
| GILD Gilead Sciences Inc. | Add +8.5% | 0.27% | +0.04 |
| INSM Insmed Inc. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +1.1% | 0.67% | +0.04 |
| IBM Intl Business Machines Corp. | Add +4.6% | 0.46% | +0.04 |
| CIEN Ciena Corp. | New | 0.04% | +0.04 |
| TJX TJX Companies Inc. | Add +11.3% | 0.27% | +0.04 |
| RL Ralph Lauren Corp. | Add +106.8% | 0.06% | +0.04 |
| XOM Exxon Mobil Corp. | Add +3.0% | 0.64% | +0.03 |
| V Visa Inc. Class A | Add +4.2% | 0.92% | +0.03 |
| GM General Motors Co. | Add +10.1% | 0.11% | +0.03 |
| WELL Welltower Inc. | Add +2.3% | 0.68% | +0.03 |
| SPBO SS SPDR P Corp. Bond ETF | New | 0.03% | +0.03 |
| AMRZ Amrize Ltd. | New | 0.03% | +0.03 |
| COR Cencora Inc. | Add +20.9% | 0.14% | +0.03 |
| PODD Insulet Corp. | Add +99.5% | 0.06% | +0.03 |
| CRDO Credo Technology Group Holdi | Add +4640.0% | 0.03% | +0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Add +2.2% | 0.19% | +0.03 |
| WBD Warner Bros Discovery Inc. | Add +1.9% | 0.08% | +0.02 |
| FLEX Flex Ltd. | Add +481.6% | 0.03% | +0.02 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +61.2% | 0.07% | +0.02 |
| WDC Western Digital Corp. | Add +1.3% | 0.08% | +0.02 |
| ALAB Astera Labs Inc. | Add +3470.1% | 0.02% | +0.02 |
| JPM JPMorgan Chase & Co. | Add +3.4% | 1.27% | +0.02 |
| GEV GE Vernova Inc. | Add +6.3% | 0.25% | +0.02 |
| NEE Nextera Energy Inc. | Add +7.8% | 0.24% | +0.02 |
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 |