Gunma Bank,Ltd.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Gunma Bank,Ltd. reported 31 stock positions worth $319.4 million. Its top holding was iShares 7-10 Year Treasury B (IEF) at 8.8% of the portfolio, followed by Vanguard Intermediate-Term T (VGIT, 7.4%) and iShares 1-3 Year Treasury Bo (SHY, 6.9%). Compared with Q2 2025, it opened 5 new positions, sold out of 4, added to 11 and reduced 4. The biggest buy was a new position in Vanguard S/T Corp. Bond ETF (VCSH) and the biggest sale an exit from iShares Core S&P 500 ETF (IVV).
- Most Recent 13F
- Q3 2025
- Location
- GUNMA, M0
- CIK
- 0001549449
- Portfolio Value
- $319.4M (Q3 2025)
- SEC Filing
- 0001549449-25-000007 ↗ filed Nov 6, 2025
Holdings Value
Holdings 31 stocks · $319.4M
| IEF iShares 7-10 Year Treasury B | 8.76% | 290,000 | $28.0M | No change |
| VGIT Vanguard Intermediate-Term T | 7.42% | 395,000 | $23.7M | No change |
| SHY iShares 1-3 Year Treasury Bo | 6.88% | 265,000 | $22.0M | Add +29.3% |
| IEI iShares 3-7 Year Treasury Bo | 6.73% | 180,000 | $21.5M | Add +20.0% |
| SHV iShares 0-1 Year Treasury Bo | 6.40% | 185,000 | $20.4M | Add +8.8% |
| SCHI Schwab 5-10 Year Corporate B | 5.27% | 730,000 | $16.8M | Add +25.9% |
| IGIB iShares 5-10Y Inv Grade Corp. | 5.07% | 299,554 | $16.2M | Add +24.8% |
| VCIT Vanguard Int-Term Corporate | 4.90% | 186,000 | $15.6M | Add +47.6% |
| IGSB iShares 1-5Y Inv Grade Corp. | 4.27% | 257,000 | $13.6M | Add +63.7% |
| SPIB SS SPDR P Int C Corp. ETF | 4.24% | 400,000 | $13.6M | Add +60.0% |
| XLP SS Consumer Staples Sel Sect | 3.55% | 144,535 | $11.3M | Add +33.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.09% | 53,000 | $9.9M | No change |
| SDY SS SPDR S&P Dividend ETF | 2.86% | 65,300 | $9.1M | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 2.83% | 163,200 | $9.0M | No change |
| NOBL Proshares S&P 500 Dividend A | 2.79% | 86,425 | $8.9M | Add +24.5% |
| SCHD Schwab US DVD Equity ETF | 2.78% | 325,000 | $8.9M | No change |
| DVY iShares Select Dividend ETF | 2.54% | 57,075 | $8.1M | No change |
| HDV iShares Core High Dividend E | 2.49% | 65,000 | $8.0M | No change |
| SPHD Invesco S&P 500 High Dividen | 2.24% | 145,000 | $7.2M | No change |
| VCSH Vanguard S/T Corp. Bond ETF | 2.13% | 85,000 | $6.8M | New |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 2.08% | 76,100 | $6.6M | Add +8.4% |
| SCHV Schwab US Large-Cap Value | 1.82% | 199,694 | $5.8M | No change |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 1.69% | 122,394 | $5.4M | No change |
| VPU Vanguard Utilities ETF | 1.36% | 22,946 | $4.3M | New |
| VYM Vanguard High DVD Yield ETF | 1.33% | 30,051 | $4.2M | Reduce -35.9% |
| IDV iShares International Select | 1.17% | 102,215 | $3.7M | New |
| VLUE iShares MSCI USA Value Facto | 0.95% | 24,200 | $3.0M | Reduce -51.6% |
| IVE iShares S&P 500 Value ETF | 0.91% | 14,000 | $2.9M | Reduce -50.0% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.80% | 30,000 | $2.5M | New |
| DGRO iShares Core Dividend Growth | 0.63% | 29,778 | $2.0M | Reduce -62.8% |
| XLV SS Health Care Select Sector | 0.03% | 697 | $97K | New |
Portfolio Sells Q2 2025 → Q3 2025
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −4.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −4.01 |
| EWA iShares MSCI Australia ETF | Sold out | 0.00% | −2.23 |
| GNR State Street SPDR S&P Global | Sold out | 0.00% | −1.24 |
| DGRO iShares Core Dividend Growth | Reduce -62.8% | 0.63% | −1.04 |
| VLUE iShares MSCI USA Value Facto | Reduce -51.6% | 0.95% | −0.90 |
| IVE iShares S&P 500 Value ETF | Reduce -50.0% | 0.91% | −0.88 |
| VYM Vanguard High DVD Yield ETF | Reduce -35.9% | 1.33% | −0.72 |
Portfolio Buys Q2 2025 → Q3 2025
| VCSH Vanguard S/T Corp. Bond ETF | New | 2.13% | +2.13 |
| IGSB iShares 1-5Y Inv Grade Corp. | Add +63.7% | 4.27% | +1.56 |
| SPIB SS SPDR P Int C Corp. ETF | Add +60.0% | 4.24% | +1.50 |
| VCIT Vanguard Int-Term Corporate | Add +47.6% | 4.90% | +1.49 |
| VPU Vanguard Utilities ETF | New | 1.36% | +1.36 |
| SHY iShares 1-3 Year Treasury Bo | Add +29.3% | 6.88% | +1.34 |
| IDV iShares International Select | New | 1.17% | +1.17 |
| SCHI Schwab 5-10 Year Corporate B | Add +25.9% | 5.27% | +0.96 |
| IEI iShares 3-7 Year Treasury Bo | Add +20.0% | 6.73% | +0.90 |
| IGIB iShares 5-10Y Inv Grade Corp. | Add +24.8% | 5.07% | +0.90 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.80% | +0.80 |
| XLP SS Consumer Staples Sel Sect | Add +33.5% | 3.55% | +0.68 |
| NOBL Proshares S&P 500 Dividend A | Add +24.5% | 2.79% | +0.51 |
| SHV iShares 0-1 Year Treasury Bo | Add +8.8% | 6.40% | +0.27 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +8.4% | 2.08% | +0.21 |
| XLV SS Health Care Select Sector | New | 0.03% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 31 | $319.4M | IEF, VGIT, SHY, IEI, SHV |
| Q2 2025 | 30 | $306.3M | IEF, VGIT, SHV, IEI, SHY |
| Q1 2025 | 33 | $310.5M | IEF, VGIT, SHV, IEI, SHY |
| Q4 2024 | 33 | $302.8M | VGIT, IEF, SHV, IEI, SHY |
| Q3 2024 | 32 | $242.9M | IEI, IEF, VGIT, SHY, IDV |
| Q2 2024 | 22 | $120.0M | SPHD, SCHD, VGIT, VCIT, IGIB |
| Q1 2024 | 25 | $189.9M | DVY, DGRO, XLP, XLE, IDV |