Dai-ichi Life Holdings, Inc.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Dai-ichi Life Holdings, Inc. reported 22 stock positions worth $91.1 million. Its top holding was iShares 1-5Y Inv Grade (IGSB) at 14.3% of the portfolio, followed by Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 13.0%) and Vanguard Short-Term Treasury (VGSH, 10.7%). Compared with Q3 2024, it opened 6 new positions, sold out of 4, added to 12 and reduced 4. The biggest buy was iShares Tips Bond ETF (TIP, shares +80%) and the biggest sale Vanguard Short-Term Treasury (VGSH, shares −43%).
- Most Recent 13F
- Q3 2025
- Location
- TOKYO, M0
- CIK
- 0000948518
- Portfolio Value
- $91.1M (Q4 2024)
- SEC Filing
- 0000898432-25-000108 ↗ filed Feb 13, 2025
Holdings Value
Holdings 22 stocks · $91.1M
| IGSB iShares 1-5Y Inv Grade Corp. | 14.30% | 252,400 | $13.0M | Add +0.1% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 13.04% | 111,383 | $11.9M | Add +46.2% |
| VGSH Vanguard Short-Term Treasury | 10.68% | 167,600 | $9.7M | Reduce -42.6% |
| EMB iShares JP Morgan Usd Emergi | 10.61% | 108,274 | $9.7M | Add +31.8% |
| VNQ Vanguard Real Estate ETF | 9.16% | 93,985 | $8.3M | Add +35.5% |
| TIP iShares Tips Bond ETF | 7.91% | 67,759 | $7.2M | Add +79.8% |
| IAGG iShares Intl Aggregate Bond | 7.53% | 137,500 | $6.9M | Add +83.3% |
| XLY SS Consumer Disc Select Sect | 5.45% | 21,600 | $5.0M | Add +94.6% |
| XLC SS Comm Select Sector SPDR | 5.02% | 46,600 | $4.6M | Reduce -9.0% |
| XLK SS Technology Select Sector | 2.97% | 11,400 | $2.7M | Add +35.7% |
| XLF SS Financial Select Sector | 2.29% | 42,800 | $2.1M | Reduce -3.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 1.55% | 18,000 | $1.4M | New |
| EWQ iShares MSCI France ETF | 1.17% | 29,600 | $1.1M | Add +7.3% |
| EWN iShares MSCI Netherlands ETF | 1.16% | 23,500 | $1.1M | Add +2.2% |
| EWI iShares MSCI Italy ETF | 1.14% | 28,900 | $1.0M | Reduce -2.0% |
| EDEN iShares MSCI Denmark ETF | 1.13% | 9,500 | $1.0M | Add +9.2% |
| EWH iShares MSCI Hong Kong ETF | 1.12% | 60,700 | $1.0M | New |
| EWU iShares MSCI United Kingdom | 1.10% | 29,400 | $998K | Add +2.4% |
| XLP SS Consumer Staples Sel Sect | 0.91% | 10,500 | $833K | New |
| VGIT Vanguard Intermediate-Term T | 0.90% | 14,200 | $820K | New |
| MBB iShares MBS ETF | 0.49% | 4,900 | $448K | New |
| XLB SS Materials Select Sector | 0.37% | 4,000 | $340K | New |
Portfolio Sells Q3 2024 → Q4 2024
| VGSH Vanguard Short-Term Treasury | Reduce -42.6% | 10.68% | −9.51 |
| XLE SS Energy Select Sector | Sold out | 0.00% | −3.52 |
| XLV SS Health Care Select Sector | Sold out | 0.00% | −2.32 |
| BNDX Vanguard Total Intl Bond ETF | Sold out | 0.00% | −1.47 |
| EWG iShares MSCI Germany ETF | Sold out | 0.00% | −1.39 |
| XLC SS Comm Select Sector SPDR | Reduce -9.0% | 5.02% | −0.39 |
| EWI iShares MSCI Italy ETF | Reduce -2.0% | 1.14% | −0.21 |
| XLF SS Financial Select Sector | Reduce -3.2% | 2.29% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| TIP iShares Tips Bond ETF | Add +79.8% | 7.91% | +3.03 |
| IAGG iShares Intl Aggregate Bond | Add +83.3% | 7.53% | +2.97 |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | Add +46.2% | 13.04% | +2.93 |
| XLY SS Consumer Disc Select Sect | Add +94.6% | 5.45% | +2.84 |
| EMB iShares JP Morgan Usd Emergi | Add +31.8% | 10.61% | +1.63 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | New | 1.55% | +1.55 |
| VNQ Vanguard Real Estate ETF | Add +35.5% | 9.16% | +1.31 |
| EWH iShares MSCI Hong Kong ETF | New | 1.12% | +1.12 |
| XLP SS Consumer Staples Sel Sect | New | 0.91% | +0.91 |
| VGIT Vanguard Intermediate-Term T | New | 0.90% | +0.90 |
| XLK SS Technology Select Sector | Add +35.7% | 2.97% | +0.75 |
| MBB iShares MBS ETF | New | 0.49% | +0.49 |
| XLB SS Materials Select Sector | New | 0.37% | +0.37 |
| EWQ iShares MSCI France ETF | Add +7.3% | 1.17% | −0.14 |
| EWU iShares MSCI United Kingdom | Add +2.4% | 1.10% | −0.17 |
| EDEN iShares MSCI Denmark ETF | Add +9.2% | 1.13% | −0.17 |
| EWN iShares MSCI Netherlands ETF | Add +2.2% | 1.16% | −0.21 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +0.1% | 14.30% | −1.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 21 | $103.6M | LQD, IGSB, TIP, EMB, VGSH |
| Q2 2025 | 20 | $85.5M | VGSH, IGSB, LQD, TIP, VNQ |
| Q1 2025 | 19 | $89.2M | VGSH, LQD, IGSB, EMB, TIP |
| Q4 2024 | 22 | $91.1M | IGSB, LQD, VGSH, EMB, VNQ |
| Q3 2024 | 20 | $85.4M | VGSH, IGSB, LQD, EMB, VNQ |
| Q2 2024 | 20 | $84.9M | VGSH, IGSB, LQD, EMB, TIP |
| Q1 2024 | 18 | $81.5M | VGSH, IGSB, EMB, LQD, TIP |