Dai-ichi Life Holdings, Inc.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Dai-ichi Life Holdings, Inc. reported 20 stock positions worth $85.4 million. Its top holding was Vanguard Short-Term Treasury (VGSH) at 20.2% of the portfolio, followed by iShares 1-5Y Inv Grade (IGSB, 15.6%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 10.1%). Compared with Q2 2024, it opened 4 new positions, sold out of 4, added to 9 and reduced 7. The biggest buy was iShares Intl Aggregate Bond (IAGG, shares +305%) and the biggest sale iShares Tips Bond ETF (TIP, shares −43%).

Most Recent 13F
Q3 2025
Location
TOKYO, M0
CIK
0000948518
Portfolio Value
$85.4M (Q3 2024)
SEC Filing
0000898432-24-000900 ↗ filed Nov 13, 2024

Holdings Value

0$50.0M$100.0M$150.0M Q1 2024: $81.5M Q1 2024 Q2 2024: $84.9M Q2 2024 Q3 2024: $85.4M $85.4M Q3 2024 Q4 2024: $91.1M Q4 2024 Q1 2025: $89.2M Q1 2025 Q2 2025: $85.5M Q2 2025 Q3 2025: $103.6M Q3 2025

Holdings 20 stocks · $85.4M

VGSH Vanguard Short-Term Treasury 20.19% 292,000 $17.2M Add +1.3%
IGSB iShares 1-5Y Inv Grade Corp. 15.56% 252,200 $13.3M Add +4.4%
LQD Ishr Ibx Usd Invgd CB ETF-Ui 10.11% 76,202 $8.6M Reduce -15.9%
EMB iShares JP Morgan Usd Emergi 8.99% 82,138 $7.7M Reduce -7.3%
VNQ Vanguard Real Estate ETF 7.85% 69,337 $6.7M Add +2.8%
XLC SS Comm Select Sector SPDR 5.41% 51,200 $4.6M Add +13.8%
TIP iShares Tips Bond ETF 4.88% 37,677 $4.2M Reduce -42.5%
IAGG iShares Intl Aggregate Bond 4.55% 75,000 $3.9M Add +305.4%
XLE SS Energy Select Sector 3.52% 34,300 $3.0M Reduce -12.7%
XLY SS Consumer Disc Select Sect 2.61% 11,100 $2.2M Reduce -32.7%
XLF SS Financial Select Sector 2.34% 44,200 $2.0M Reduce -1.6%
XLV SS Health Care Select Sector 2.32% 12,900 $2.0M New
XLK SS Technology Select Sector 2.22% 8,400 $1.9M Add +6.3%
BNDX Vanguard Total Intl Bond ETF 1.47% 25,000 $1.3M Reduce -65.5%
EWG iShares MSCI Germany ETF 1.39% 35,100 $1.2M New
EWN iShares MSCI Netherlands ETF 1.37% 23,000 $1.2M New
EWI iShares MSCI Italy ETF 1.35% 29,500 $1.2M New
EWQ iShares MSCI France ETF 1.32% 27,600 $1.1M Add +10.4%
EDEN iShares MSCI Denmark ETF 1.29% 8,700 $1.1M Add +4.8%
EWU iShares MSCI United Kingdom 1.26% 28,700 $1.1M Add +1.4%

Portfolio Sells Q2 2024 → Q3 2024

TIP iShares Tips Bond ETF Reduce -42.5% 4.88% −3.40
BNDX Vanguard Total Intl Bond ETF Reduce -65.5% 1.47% −2.69
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -15.9% 10.11% −1.40
EWH iShares MSCI Hong Kong ETF Sold out 0.00% −1.16
EWC iShares MSCI Canada ETF Sold out 0.00% −1.16
EWP iShares MSCI Spain ETF Sold out 0.00% −1.14
XLP SS Consumer Staples Sel Sect Sold out 0.00% −1.08
XLY SS Consumer Disc Select Sect Reduce -32.7% 2.61% −0.96
XLE SS Energy Select Sector Reduce -12.7% 3.52% −0.70
EMB iShares JP Morgan Usd Emergi Reduce -7.3% 8.99% −0.33
XLF SS Financial Select Sector Reduce -1.6% 2.34% +0.17

Portfolio Buys Q2 2024 → Q3 2024

IAGG iShares Intl Aggregate Bond Add +305.4% 4.55% +3.46
XLV SS Health Care Select Sector New 2.32% +2.32
EWG iShares MSCI Germany ETF New 1.39% +1.39
EWN iShares MSCI Netherlands ETF New 1.37% +1.37
EWI iShares MSCI Italy ETF New 1.35% +1.35
VNQ Vanguard Real Estate ETF Add +2.8% 7.85% +1.17
IGSB iShares 1-5Y Inv Grade Corp. Add +4.4% 15.56% +0.97
XLC SS Comm Select Sector SPDR Add +13.8% 5.41% +0.85
VGSH Vanguard Short-Term Treasury Add +1.3% 20.19% +0.48
EWQ iShares MSCI France ETF Add +10.4% 1.32% +0.20
XLK SS Technology Select Sector Add +6.3% 2.22% +0.11
EWU iShares MSCI United Kingdom Add +1.4% 1.26% +0.10
EDEN iShares MSCI Denmark ETF Add +4.8% 1.29% +0.06

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 21$103.6MLQD, IGSB, TIP, EMB, VGSH
Q2 2025 20$85.5MVGSH, IGSB, LQD, TIP, VNQ
Q1 2025 19$89.2MVGSH, LQD, IGSB, EMB, TIP
Q4 2024 22$91.1MIGSB, LQD, VGSH, EMB, VNQ
Q3 2024 20$85.4MVGSH, IGSB, LQD, EMB, VNQ
Q2 2024 20$84.9MVGSH, IGSB, LQD, EMB, TIP
Q1 2024 18$81.5MVGSH, IGSB, EMB, LQD, TIP